Tag Archives: BANK OWNED
Michael Manning

$500.00 Move-In! Exceptional Value..Exceptional Home!

Yes, only $500.00 to move into a brand New Home! And it’s not a dinger either. This 1605 sqft home is loaded with upgrades. Upgrades like granite counter-tops. Tile floors in the kitchen, baths and utility rooms. The blinds are already installed. And get this…the home comes All Appliances. A beautiful Side by Side Refer, Built-in [...] Read more

Are you an FHA buyer but still “on the fence” about buying?

There have been many rumors flying around regarding the expected adjustments to the FHA loans provided. Do you want to use FHA financing due to the lower down payment requirements, experiencing some credit issues and or wanting to ask the seller to contribute up to 6% concession? If you are and are counting on utilizing [...] Read more

Rachel Anderson

WOW, no more FHA 90 day waiting period on flipped foreclosures.

Ah great news, I have had so many FHA buyers want a home that has been flipped, but can’t wait the 90 day seasoning period.  If you are not familiar with this, here is out it works.  An investor will purchase a foreclosure, rehab it, and put it on the market as soon as it has [...] Read more

Rachel Anderson

I have a contigency offer, will the bank accept it?

Are you a buyer and looking at bank owned homes?  Do you want to by a bank owned property, but need to sell your house first? I have run into a lot of bank owned properties not accepting any offers with contingencies.  It would be like finding a needle in a haystack to find a [...] Read more

Ruth Lamb

AZ FORECLOSURES & SHORT-SALES

Which route to go – Short-Sale? or Foreclosure?  Foreclosures, by far the best deal, are being snatched up left and right at some unbelievable pricing!  I have seen them in all shapes, sizes, condition, and location – but keep in mind, you are not going to find a $500,000 home for $50,000.  We currently (3.29.2009) have [...] Read more

Rachel Anderson

Short sales? What is a Short Sale?

“What is a short sale, does it take a short time to sell?” This is a question I get all of the time.  Actually before I became a Realtor, I too questioned the definition of a short sale.  So hopefully I will describe it, give you examples and help you understand it a little bit [...] Read more

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