Bank owned homes in Florida are popular to owner-buyers and investors largely because of their prices. Buyers who couldn’t afford to buy a home during the boom years can now choose from…
Category: Mortgage / Finance
Sales of Tampa Homes Pushed Up by Cash Buying and Seller Financing
The banks are not approving many home loan applications, so prospective home buyers are resorting to seller financing and investors are producing cash to be able to snap up deeply discounted beautiful…
Low Home Prices — Bonanza for First Time Home Buyers and Investors
While low home prices are a bane to sellers, builders and homeowners, these deeply discounted prices represent blessings to first time home buyers, young buyers and investors. First time home buyers have…
Florida Bank-Owned Homes — More Units for Owner-Buyers and Investors
There are more Florida bank-owned homes for investors and owner-buyers to explore. Aside from the existing inventory of home foreclosures across the state, a total of 17,592 units were added to the…
Bank of America Home Loans – Among the Most Popular
Home loans from Bank of America are among the most popular in the country. BofA mortgage loans, together with those of Wells Fargo and Chase, accounted for 56 percent of all U.S….
Zillow IPO – What Does It Say about the Real Estate Market?
The real estate market must be getting exciting now because the leading online real estate firm Zillow has filed an S-1 form with the SEC for an IPO. Even its rival Trulia…
Mortgage Loans — 14 Banks Told to Reform Practices
Fourteen mortgage banks and two mortgage-related firms were issued enforcement orders by the Federal Reserve Board and the Office of Thrift Supervision to audit their policies and practices on mortgage loans and…
Financial Help for Owners of Troubled Florida Homes
If you’re underemployed or unemployed and you’re looking for a way to lighten your mortgage load while you’re searching for a better job, then the launching of the Florida Hardest Hit Fund…
February Home Sales Characterized by Low Home Prices, Cash Purchases
Total sales of existing homes in February dropped, according to the National Association of Realtors, so let’s look at other real estate figures that are more encouraging: 1. More cash sales Cash…
Buy a Home With Loan from Chase, the Most Searched Bank
Chase must be offering better services such as bank accounts and home loans as it is the most searched bank in the U.S. and in the world, based on web traffic rankings…