Foreclosures and Bank Owned

What Should I Offer On a Foreclosure? Expert Insights You Should Know!

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Here’s 3 key factors to consider when negotiating offers on a foreclosure. I’ve based this on an example of a condo listed for sale in Tampa, Fl at $149,900. By the way, the unit originally sold for $269,000 back in 2005. In this case the bank has already priced it at the lowest price per … Continue reading What Should I Offer On a Foreclosure? Expert Insights You Should Know!

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Are you really getting a better deal on a short sale or foreclosure, or is it all an illusion ?

If you could get the same deal buying a home from a seller instead of a short sale or bank foreclosure would you? So what’s the big attraction to short sales and foreclosures? Can you really get a better deal buying one? That seems to be the number one question people ask me. They say … Continue reading Are you really getting a better deal on a short sale or foreclosure, or is it all an illusion ?

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Foreclosure Rates show 50% increase Tampa,Fl

Foreclosure activity continues to rise in Tampa Bay Tampa Bay Business Journal There is little good news in a new foreclosure report from First American CoreLogic that shows more increases year-over-year in families losing homes. But the Tampa Bay region is doing better than Florida as a whole. Foreclosure rates in August 2009 were 8.58 percent … Continue reading Foreclosure Rates show 50% increase Tampa,Fl

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HomePath Loans and First Look Program for Fannie Mae Foreclosed homes-Tampa, Fl

How the Homepath program works:  Fannie Mae’s new HomePath REO Mortgage Loan Update! Don’t wait Buyer Incentives now available through the deadline  October 31, 2011 Fannie Mae, the agency sponsored by the U.S. government to help make housing more affordable to all Americans, now offers HomePath, a special new home loan to finance the sale of its … Continue reading HomePath Loans and First Look Program for Fannie Mae Foreclosed homes-Tampa, Fl

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CNN Money-Tampa-St.Pete,-Clearwater Home Prices fell 20.6%

Foreclosures take heavy toll on home prices but bargain hunters are re-entering worst-hit markets. By Les Christie, CNNMoney.com staff writer The Median Sales Price, for the Tampa, St. Petersburg and Clearwater areas has dropped 20% to $173,400 from October 2007 to October 2008 A flood of foreclosures has driven home prices down. As many as … Continue reading CNN Money-Tampa-St.Pete,-Clearwater Home Prices fell 20.6%

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