Fannie Mae HomePath Buyer Incentives Are Raised Fannie Mae HomePath Buyer Incentives just has been released for 27 states including Florida. For a limited time Fannie Mae has raised their incentives for owner occupant buyer in Florida. Not only raised Fannie Mae the closing cost assistance amount but also extended their First Look Period from […]
Breaking News: New Obama Housing Program-Bulk REO Sales, Rentals
Florida- The Obama administration and federal regulators announced a few weeks ago that the a very close to announce a plan that they would sell government owned foreclosed properties in bulk to investors that in return intent to use those properties as rentals. The hope for this plan is that this will help recover the […]
Florida Foreclosure: Record REO’s Means More Bargain Homes
Florida – More Homes in Foreclosure. In the second quarter of 2010 lenders foreclosed a record number on more than 500,000 properties. Florida was ranked second with almost 55,000 homes. The majority of foreclosed properties was shown in South Florida. While North Florida seems not to been hit as hard but still bank owned properties rule the […]