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Florida Foreclosures

Tuesday, July 26, 2011. The right questions can make the most of an open house. When was the home listed? This will let you know how long the property has sat on the market. If it’s been a while, it could mean it is overpriced and you should consider making a lower offer. Also ask if this was the original asking price or if it has been lowered since it went on the market. Have there been previous offers on the property? Why is the house being sold? Are there any additional costs or rules? You may be able...

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Tuesday, July 26, 2011. The right questions can make the most of an open house. When was the home listed? This will let you know how long the property has sat on the market. If it’s been a while, it could mean it is overpriced and you should consider making a lower offer. Also ask if this was the original asking price or if it has been lowered since it went on the market. Have there been previous offers on the property? Why is the house being sold? Are there any additional costs or rules? You may be able...
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Florida Foreclosures | flareo.blogspot.com Reviews

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Tuesday, July 26, 2011. The right questions can make the most of an open house. When was the home listed? This will let you know how long the property has sat on the market. If it’s been a while, it could mean it is overpriced and you should consider making a lower offer. Also ask if this was the original asking price or if it has been lowered since it went on the market. Have there been previous offers on the property? Why is the house being sold? Are there any additional costs or rules? You may be able...

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Florida Foreclosures: Regulators, Banks Reach Deal to Correct Foreclosure Flaws

http://flareo.blogspot.com/2011/06/regulators-banks-reach-deal-to-correct.html

Thursday, June 2, 2011. Regulators, Banks Reach Deal to Correct Foreclosure Flaws. Complaints about the foreclosure process being unfair to delinquent borrowers who have been trying to keep their homes were finally addressed in the second week of April, when the country’s largest mortgage lenders reached agreements with federal banking regulators. The agreements require the mortgage servicers to improve their communications with borrowers and to limit the extent to which they can pursue foreclosure durin...

2

Florida Foreclosures: January 2010

http://flareo.blogspot.com/2010_01_01_archive.html

Friday, January 29, 2010. A Buyers Dream, High REO Inventory. Once again the numbers are in and the Foreclosure problem is spreading. Yesterday RealtyTrac. Released the 2009 Year-End U.S. Foreclosure Market Report. Florida and three other states accounted for more than 50 percent of the national total in 2009. Coldwell Banker Ackley Realty. Fannie Mae to assist buyers. Or by searching on Fannie Mae’s Home Path website. Coldwell Banker Ackley Realty. Thursday, January 28, 2010. 8220;The Orlando metropolit...

3

Florida Foreclosures: May 2011

http://flareo.blogspot.com/2011_05_01_archive.html

Tuesday, May 31, 2011. Foreclosure Rates Retreat from Record Highs. Foreclosure rates in the U.S. have been falling since the beginning of this year. According to RealtyTrac’s U.S. Foreclosure Market Report, foreclosure filings in the first quarter of 2011 decreased 15 percent from the previous quarter and 27 percent from the first quarter of 2010. Analysts predict a steep increase in foreclosure rates when the federal investigation is completed. When this happens, it will reveal a realistic U.S&...Accor...

4

Florida Foreclosures: Freddie Mac offers incentives on REOs

http://flareo.blogspot.com/2011/06/freddie-mac-offers-incentives-on-reos.html

Tuesday, June 14, 2011. Freddie Mac offers incentives on REOs. Freddie Mac has come up with a summer sales promotion to promote its inventory of foreclosed homes. This is being done through Freddie Mac’s real estate sales unit, HomeSteps. Fannie Mae, which offered a similar closing-cost incentive this past spring on its HomePath properties, requires escrows to close before June 30, 2011. Fannie Mae has also advised that offers submitted after May 15, 2011 may not meet the June 30 deadline. The HomeSteps ...

5

Florida Foreclosures: Draft bill would hike FHA loan down payments to 5%, slash loan limits...

http://flareo.blogspot.com/2011/06/draft-bill-would-hike-fha-loan-down.html

Monday, June 13, 2011. Draft bill would hike FHA loan down payments to 5%, slash loan limits. A bill has been drafted by Republicans in the House Financial Services Committee which would raise the minimum down payment for FHA mortgages to 5 percent, reduce FHA loan limits in most markets and transfer the Agriculture Department’s rural housing program to U.S. Department of Housing and Urban Development (HUD), FHA’s parent agency. The FHA loan limit formula under the proposed draft legislation would be rev...

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Coldwell Banker Ackley Realty: What Home Buyers are Asking For

http://ackleyrealty.blogspot.com/2011/07/what-home-buyers-are-asking-for.html

Coldwell Banker Ackley Realty. Join Our Email List. Thursday, July 21, 2011. What Home Buyers are Asking For. Buyers are driving a hard bargain and demanding the best bang for their buck by seeking properties that are well-maintained, mechanically sound, and have an intrinsic value. As a seller, setting an appropriate asking price has become difficult because regardless of the already low listed price, buyers are bargaining hard and negotiating for various freebies. Coldwell Banker Ackley Realty. Central...

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Coldwell Banker Ackley Realty: January 2010

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Coldwell Banker Ackley Realty. Join Our Email List. Friday, January 29, 2010. High Speed Rail to connect Orlando to Tampa then Miami. President Obama will be in Tampa today to unveil the plans for a new high speed rail to connect Tampa and Orlando. The rail will be funded by grants from the American Recovery and Reinvestment Act. Construction will bring 1000s of jobs to the Central Florida area. Upon completition in 2014 the rail will serve residents and visitors linking the two cities together.

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Coldwell Banker Ackley Realty: Preemptive Steps to ensure a Home Sale goes through

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Coldwell Banker Ackley Realty. Join Our Email List. Saturday, July 16, 2011. Preemptive Steps to ensure a Home Sale goes through. Work with a knowledgeable, local buyer’s agent. Read the home inspection report thoroughly. Make sure your mortgage is preapproved. The importance of title insurance. The home inspection report identifies tangible problems with the interior and exterior of the house. But what about dangers that could lurk in the background like unknown liens on the house?

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Coldwell Banker Ackley Realty: June 2011

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Coldwell Banker Ackley Realty. Join Our Email List. Tuesday, June 21, 2011. Foreign Buyers Recognize Value of Homeownership in the U.S. People from 70 countries purchased homes in the U.S. this year, which are 17 more than the year before. Canadians dominated the foreign buyers with 23 percent. China came in second with 9 percent. India, the U.K. and Mexico were tied for the third place. These five countries accounted for 53 percent of foreign transaction in 2011. Coldwell Banker Ackley Realty. The 30-ye...

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Coldwell Banker Ackley Realty: Mortgage Rates at Lows for Year

http://ackleyrealty.blogspot.com/2011/06/mortgage-rates-at-lows-for-year.html

Coldwell Banker Ackley Realty. Join Our Email List. Tuesday, June 14, 2011. Mortgage Rates at Lows for Year. Amidst the continued weak economy, mortgage rates have dropped for four weeks in a row to their lowest point this year, according to Freddie Mac’s Primary Mortgage Market Survey that was released on June 2, 2011. Rates on 30-year fixed-rate mortgages averaged 4.55 percent with an average 0.6 point for the week ending June 2, down from 4.71 percent last week and 5 percent a year ago. Rates on 5-yea...

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Coldwell Banker Ackley Realty: Foreign Buyers Recognize Value of Homeownership in the U.S.

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Coldwell Banker Ackley Realty. Join Our Email List. Tuesday, June 21, 2011. Foreign Buyers Recognize Value of Homeownership in the U.S. People from 70 countries purchased homes in the U.S. this year, which are 17 more than the year before. Canadians dominated the foreign buyers with 23 percent. China came in second with 9 percent. India, the U.K. and Mexico were tied for the third place. These five countries accounted for 53 percent of foreign transaction in 2011. Coldwell Banker Ackley Realty.

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Coldwell Banker Ackley Realty: For Sale By Owner: Why Going Solo May Not Be Going Smart

http://ackleyrealty.blogspot.com/2011/07/for-sale-by-owner-why-going-solo-may.html

Coldwell Banker Ackley Realty. Join Our Email List. Tuesday, July 26, 2011. For Sale By Owner: Why Going Solo May Not Be Going Smart. Some people opt to sell their own home for the purpose of avoiding the payment of commission to a real estate agent. But what most people fail to understand it the fact that selling a home is a complicated process. It can be challenging to under any kind of market condition and more so in the prevailing real estate environment. Over-pricing and under-pricing can also make ...

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Coldwell Banker Ackley Realty: November 2010

http://ackleyrealty.blogspot.com/2010_11_01_archive.html

Coldwell Banker Ackley Realty. Join Our Email List. Monday, November 15, 2010. Mortgage rates lowest since Freddic Mac began keeping track. A 30-year fixed-rate mortgage averaged 4.17 percent in the week ending Nov. 11, down from 4.24 percent last week. A 15-year fixed-rate loan averaged 3.57 percent, down from 3.63 percent last week. Unfortunately, historically low mortgage rates haven’t translated into gains for the residential real estate market — at least not in Central Florida.

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Coldwell Banker Ackley Realty: May 2010

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Coldwell Banker Ackley Realty. Join Our Email List. Thursday, May 20, 2010. Home prices on the way up. Orlando existing home sales increased in average price for the third month. This month the price was up 4.5%, but don’t get to excited overall still down 11.5% compared to April 2009. Coldwell Banker Ackley Realty. Monday, May 17, 2010. Coldwell Banker Ackley Realty Ranks First in Southern Region Sales Production. Coldwell Banker Ackley Realty. Labels: Coldwell Banker Ackley Realty Ranked #1.

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Florida Foreclosures

Tuesday, July 26, 2011. The right questions can make the most of an open house. When was the home listed? This will let you know how long the property has sat on the market. If it’s been a while, it could mean it is overpriced and you should consider making a lower offer. Also ask if this was the original asking price or if it has been lowered since it went on the market. Have there been previous offers on the property? Why is the house being sold? Are there any additional costs or rules? You may be able...

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