Punta Gorda Florida Foreclosure Homes, Florida Bank Owned REO Homes

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25764 Aysen Drive
Property address

Punta Gorda FL 33983

Property Features:
Bed Rooms 4
Bath Rooms 3
Total Rooms 10
Listing Detail
Asking Price $177,000
Listing Type REO / Bank Owned
Property Type Single Family Home*
Source Freddie Mac
30.0% Savings
Get More Information about This Bank Owned Home Here
Are You Looking For Owner financing?

Bank of America Relocation Assistance $5,000 to $20,000

With all the trouble that’s going on with Bank of America. This program may benefit distress home owners. Please read below what Bank of America is offering distress home owners across the state of Florida.

Bank of America encourages distressed homeowners to explore a short sale as a viable option for avoiding foreclosure. To that end, for a limited time we are offering enhanced relocation assistance to help motivate homeowners to engage with us on a pre-offer short sale. An additional benefit for these pre-offer programs – such as the Home Affordable Foreclosure Alternatives (HAFA) and Bank of America’s proprietary program – is that deficiency may be waived for the homeowner.


  • Homeowners with property in Florida
  • Short sales initiated without an offer between September 26 and November 30
  • The customer will have to be eligible for one of the without offer programs such as the HAFA program or our proprietary program (specific investor participation and eligibility criteria do apply to these programs)
  • Successful closing of the eligible short sale by August 31, 2012
  • Minimum relocation assistance is $5,000 and maximum is $20,000, with the specific amount calculated based on the unpaid principal balance


  • Ginnie Mae, FHA, VA and USDA loans are ineligible for participation
  • Lot loans are ineligible for participation
  • Properties outside the state of Florida are ineligible for participation
  • Short sales initiated with an offer are not currently eligible for the enhanced relocation assistance

Port Charlotte Bank Owned Homes FL Port Charlotte Bank Owned Properties in Charlotte County

Are you still looking to buy Port Charlotte Bank Owned Foreclosures, Port Charlotte REO Homes and Port Charlotte preforeclosures, also foreclosure news and articles of Port Charlotte bank owned homes. Start searching Port Charlotte bank foreclosures now!
Port Charlotte Bank Home
Port Charlotte Bank owned
Beds 3/2

Bank Homes Call Jessica (941) 249-2366

Banks Now Prefer Short Sales Over Foreclosures

It’s a no brainer that Banks now prefer short sales over foreclosures. Banks dealing with lengthy, complicated and frequently messy foreclosures are starting to see “short sales” as a quicker and cheaper way of getting bad loans off their books.

Why Would Bank Want More Short Sales Over Foreclosures?

Reason Below:

  • Foreclosures can take forever Note: However, in some states such as Florida, it costs very little to file a foreclosure and see the process through to the end.
  • Home owner may still keep up the home.
  • Short Sales are less costly for the bank.

If you plan  on doing a short sale on your home. It would be wise to seek help of a professional, such as lawyer or your local realtor. However any professional you use must have knowledge and experience in short sales. I have personally witness lawyers and realtors / agents, totally screw up the whole short sale process by not collecting all the proper information from the home owner. And wait till the last-minute to gather all forms and documentation required by the bank to complete the short sale process.
P.S. If you’re looking for short sale help please call Jessica Coleman Licensed Realtor.
Jessica Coleman Florida Realtor
Allison James Estates & Homes
Jessica Coleman / Realtor
Direct Line: (941) 249-2366
Fax: (941) 237-4897
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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
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.