Bank Owned

Bank is not obligated to sell at list price

inman News

Thanks to inman News, one reader questioned why their full price offer was not accepted by the bank on an REO property, (REO / Real Estate Owned Property) The short answer to the readers question was … [Read more...]

Orlando First Time Homebuyer ALERT

SunSentinel

According to the Sun Sentinel in South Florida... first time homebuyers are suffering in todays market Orlando first time homebuyers are noticing that the slew of homes that previously existed, are … [Read more...]

BofA tastes its own medicine

Florida Home Owner Forecloses on BofA

Who hasn't heard about BofA being foreclosed on yet? Well, if you haven't then here is the video. This took place in the Tampa, Florida area, and is a little heart warming that the underdog won this … [Read more...]

Foreclosure Crisis Worsening

Kelly Cobiella reported on CBS News about a Florida resident who lost a family member due to an unkept home, more specifically an unprotected pool in a neglected property that was in foreclosure or … [Read more...]

Orlando home prices hit 12-year low – OrlandoSentinel.com

Orlando Sentinel Logo

Median prices in Orlando hit less than $100,000.. The Orlando Regional Realtor Association reported Friday that median prices dropped 8 percent from July to a low of $99,900 for August. Prices were … [Read more...]

Does another wave of Foreclosures Loom? | Ric Edelman

Not likely, but you won't hear that from the media Just as the media hyped the real estate bubble, reporters and pundits are now riding an alarmist wave of foreclosure news. Case in point: A recent … [Read more...]