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Florida Foreclosures: Beating out Investors for REO Properties
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Tuesday, July 5, 2011. Beating out Investors for REO Properties. The ongoing real estate crisis has created huge opportunities for buyers and investors in the Real Estate Owned (by bank) or REO properties. Where there is opportunity, there is competition. Since banks usually prefer cash for REO transactions, individual buyers considering purchasing a REO must often combat competition from investors. But there are ways for home buyers to stay ahead of the competition from investors. Subscribe to: Post Com...
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Florida Foreclosures: April 2011
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Tuesday, April 19, 2011. Is Homeowners Insurance difficult to obtain in Florida? Florida is home to six of the ten named home insurance perils including hurricanes, tornadoes, thunderstorms, floods, extreme heat and wildfires. When you add sinkholes, mold and termites to that mix, it is easy to figure out why it is so hard to obtain homeowners insurance in the state. While new homeowners continue to relocate to Florida to enjoy beautiful beaches, abundant sunny days, low taxes and other benefits, there a...
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Florida Foreclosures: January 2011
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Friday, January 28, 2011. 180,000 (estimated) - - 2627 Judge Loop, Kissimmee FL 34743. Release date estimated at 1/31/2011 - grab this one before it hits MLS! Gorgeous 6 BR, 4.5 BA, 3 car garage home in Eagle Bay. Almost 4000 sq. ft. of living space. Foreclosure Open House Calendar. Last Week's Friday Foreclosure Update. 940 Delano Court, now under contract. Coldwell Banker Ackley Realty. Thursday, January 27, 2011. Sales Tax on Property Sales starts in 2013. President Obama, September 12, 2008. Notice h...
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Florida Foreclosures: December 2010
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Wednesday, December 29, 2010. Understanding the Second-Home Market. Second and vacation homes have been one of the silver linings in the otherwise bleak, current housing market. This part of the housing industry was devastated by the housing crash. It is slowly beginning to show signs of improvements, particularly in places like Miami and Las Vegas, where bargain hunters are cherry picking some of the best deals in the country. So what’s behind the recent surge of second home sales? Almost 4 out of 5 boo...
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Florida Foreclosures: Preparing to buy an investment property
http://flareo.blogspot.com/2011/07/preparing-to-buy-investment-property.html
Monday, July 11, 2011. Preparing to buy an investment property. The combination of low home prices, rock-bottom interest rates and an abundant supply of undervalued homes has made this one of the best times in recent history to invest in real estate. If you have good credit rating, have money in the bank and if you can obtain financing, real estate can be a lucrative investment. You must find and build rapport with an experienced real estate agent who knows the area in which you want to buy. The agen...
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Florida Foreclosures: February 2011
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Monday, February 28, 2011. Foreclosures to Eclipse 2 Million This Year. In case you missed the news the other day, Nobel Prize-winning economist Joseph Stiglitz dropped another bombshell on the nation’s real estate industry. He expects an additional 2 million foreclosures to hit the U.S. this year – adding to the whopping 7 million that have occurred since the economic crisis of 2008. Why the gloomy forecast? The news on the local front appears just as bleak. The Orlando Sentinel reported in its Febr...
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Florida Foreclosures: July 2011
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Tuesday, July 26, 2011. The right questions can make the most of an open house. When was the home listed? This will let you know how long the property has sat on the market. If it’s been a while, it could mean it is overpriced and you should consider making a lower offer. Also ask if this was the original asking price or if it has been lowered since it went on the market. Have there been previous offers on the property? Why is the house being sold? Are there any additional costs or rules? You may be able...
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Florida Foreclosures: February 2010
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Wednesday, February 24, 2010. Bank Owned Foreclosure of the Week 2/24. Bank Owned, Available Now, NOT a Short Sale. Two Story, Built 2003, 2 Car Garage. 4 Bedroom, 2.5 Bath, Cul-de-Sac Location, 2332 Heated SF. Complete Details: http:/ bit.ly/9bIici. Open House Schedule – http:/ bit.ly/d5IAcd. Coldwell Banker Ackley Realty. Labels: REO Bank Owned Foreclosure Coldwell Banker Ackley RealtyReal Estate Open House. Subscribe to: Posts (Atom). Join Our Email List. Central Florida Real Estate.
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Florida Foreclosures: Regulators, Banks Reach Deal to Correct Foreclosure Flaws
http://flareo.blogspot.com/2011/06/regulators-banks-reach-deal-to-correct.html
Thursday, June 2, 2011. Regulators, Banks Reach Deal to Correct Foreclosure Flaws. Complaints about the foreclosure process being unfair to delinquent borrowers who have been trying to keep their homes were finally addressed in the second week of April, when the country’s largest mortgage lenders reached agreements with federal banking regulators. The agreements require the mortgage servicers to improve their communications with borrowers and to limit the extent to which they can pursue foreclosure durin...
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