Are Florida Loans In Foreclosure On The Rise?

Loans in foreclosure on the rise means only one thing. more inventory. However in judicial states of Florida, New Jersey and Illinois—the share of loans in foreclosure is rising.

What does this mean and what can we do to about it.?

REO,bank owned and HUD property With Pool Under 67,000 (PORT CHARLOTTE, FL)

 REO,bank owned and HUD property With Pool Under 67,000 WoW.
Location: 20335 WILKIE AVE, PORT CHARLOTTE, FL 33954 (map)
County : Charlotte County
Bedrooms : 7
Bathrooms : 3
Partial Bathrooms : 0
Approx. Sq. Ft. : 3141
Approx. Lot Size Sq. Ft. : 10001
Year Built : 1980

Description
Special Conditions: REO/Bank Owned
Remarks : BANK OWNED PROPERTY SOLD AS IS WITHOUT REPAIR OR WARRANTY.
NEED HELP (941) 249-2366
Features
Type: Single Family Home
Swimming Pool: YES
Pool Description: In Ground
Lot Description: Oversized Lot
Sewer/Water: Public Municipal Water, County Water, Septic, Public Water Available, Sprinkler Meter

REO,bank owned and HUD property With Pool Under 67,000

20335 wilkie ave Bank owned Port Charlotte CMA

Port Charlotte Bank Owned Foreclosed Homes

 

Port Charlotte Bank Owned Foreclosed Homes – 2177 Como St

 
Property address
2177 Como St
Port Charlotte
FL 33948
Listing Detail
Asking Price$34,900.00
Listing Type REO / Bank Owned
Property Type Single Family Home
 
44.7% Savings
  Call For More Information (941) 249-2366
  See More Photos Here ====>>> CLICK HERE
Property Features
Bed Rooms3
Bath Rooms2
Squre Feet988
Year Built1981
Last Transaction
Sale Amount$41,000
Sale Date12/01/1982
Tax Information
Taxable Value$74,528
Additional Notes
 this 3 bedroom 2 bathroom port charlotte home is in a great neighborhood! built in 1981, this property has 988 square feet of living area. this is a homepath renovation financing property and requires no appraisal and no mi mortgage insurance! more information has been left at the home for your benefit and see attached in mls. purchase this property for as little as 3 percent down! close by june 30, 2011 and request up to 3.5% of the final sales price for closing cost assistance! ask about additional details. eligibility restrictions apply.

Freddie Mac Nationwide Sales Promotion For Real Estate Buyers

Here Are Two Great Reasons To Use Freddie Mac Nationwide Sales Promotion For Real Estate Buyers.

1. They are offering 3.5 percent buyer’s closing cost on transactions that meet the offer and closing dates.

2. Two-year Home Protect limited home warranty that covers electrical, plumbing, air conditioning, heating, and other major systems and appliances is offered on some eligible HomeSteps homes.

As of the end of the first-quarter, Freddie Mac held 65,174REO homes. The GSE’s operational expense for maintaining these properties was $159,000 during the first three months of this year.

They are Also stating that selling agents will receive a bonus of $1,200 for initial offers received between May 16th and July 31st with escrows closed on or before the final day of September.

The extra incentive applies to Freddie Mac’s HomeSteps properties sold to owner-occupant buyers. HomeSteps is the McLean, Virginia-based GSE’s real estate sales unit for its bank-owned homes.

Port Charlotte Bank Owned /Reo Charlotte County Florida Rea Estate.

Great Time To Buy Bank Owned /Reo Charlotte County Florida Rea Estate.

22449 Olean Blvd
Property address
Listing Detail
Asking Price$69,900.00
Listing TypeREO / Bank Owned
Property TypeSingle Family Home
35.6% Savings
Call For More Information (941) 249-2366
See More Photos Here ====>>> CLICK HERE
Property Features
Bed Rooms3
Bath Rooms2.5
Squre Feet2020
Year Built1973
ParkingAttached Garage
Den1
Lot Size10000
Last Transaction
Sale Amount$57,800
Sale Date12/01/2000
Tax Information
Tax Year2009
Taxable Value$126,670
Additional Notes
3 bedroom 2 1/2 bath pool home. open floor plan. located close to area medical facilities and shopping. this is a fannie mae homepath property. purchase this property for as little as 3% down! this property is approved for homepath mortgage financing. this property is approved for homepath renovation mortgage financing.

 

Bank Owned Foreclosure home In Port Charlotte

Bank Owned Foreclosure home In Port Charlotte
18480 Yarbrough Ave
Property address
Listing Detail
Asking Price $45,000.00
Listing Type REO / Bank Owned
Property Type Single Family Home
50% Savings
NEED HELP CALL l (941) 249-2366
View The Home Photos
Property Features
Bed Rooms3
Bath Rooms2
Squre Feet1482
Year Built1989
ParkingAttached Garage
Lot Size10000
Recent Auction Details
As Is Value$50,000
Last Transaction
Sale Amount$170,000
Sale Date05/23/2005
Tax Information
Tax Year2009
Taxable Value$107,119
Additional Notes
**** two story with great backyard privacy & fruit tree **** fenced in backyard with mature landscaping…. “huge” master bedroom upstairs 19×17… large walk-in closet up stairs….. yes, this home needs your love, but could be a great opportunity. kitchen has a nice window overlooking the backyard and the laundry room is right next to kitchen…. split floor plan…. open airy living room and dining room with sliding glass doors to back patio…. 20 -25 min to the gulf beaches, 10 minutes to public boat ramp heading out to the charlotte harbor…. no deed restrictions, bring your boat & “rv”…. close to shopping dining & fun……. don’t delay…. buy today…. choose fha financing to qualify for $100 down payment. ask your agent for details.

 

HUD gives out $2.5 million to improve home health conditions.

The Department of Housing and Urban Development is extending $2.5 million in grants to improve methods for detecting and controlling health hazards in homes.

HUD established two new programs — the Lead Technical Studies Grant Program and the Healthy Homes Technical Studies Program. The $500,000 grant allocated under the first program will fund research to “provide health and housing professionals with knowledge on how to reduce the number of lead poisoned children.”

The second program includes a designated $2 million that will go toward developing and improving low-cost methods to identify and reduce housing-related hazards, such as pesticide residues and asthma triggers.

All applications for grants are due to HUD by June 30. Two awards will be made for the lead studies program, while three to five awards will be given out for the health hazards studies program.

Write to Christine Ricciardi.

Follow her on Twitter @HWnewbieCR.

Malynda Williams Eases Into Retirement Buying Real Estate.

Tycoon in the making

Malynda Williams is a real estate tycoon in the making. She's putting together a mini real estate empire as she eases into retirement.
Malynda Williams, with husband John, is putting together a mini real estate empire as she eases into retirement.By Les Christie, staff writerApril 27, 2011: 12:03 PM ET

NEW YORK (CNNMoney) — Malynda Williams didn’t set out to be a real estate tycoon. But the 40-something has managed to acquire four properties over the past three years, and she’s looking for more.

“I started out trying to get something going for after I retire,” Williams said. “I never thought it would be this, but I really love it.” Read More