Comments on: Bank owned homes Brandon

By: Naples FL Real Estate

Naples FL Real Estate — Thu, 02 Jun 2011 17:53:55 +0000

For us in Naples, it seems as if the value gap between distressed and regular homes is narrowing and the banks know it. It’s very difficult to steal a house these days down here but I’ll keep looking.
Naples FL Real Estate recently posted..Dealing with Naples Contractors

By: Ryan

Ryan — Mon, 21 Feb 2011 19:50:45 +0000

I recently purchased a bank owned home near the Brandon area. All of the mentioned fees above (doc stamps on the deed, title search and exam, and title insurance) I did have to pay for, but I negotiated the closing costs down to nothing. Seriously, I was so excited about this that I really didn’t mind the fees. Of course I didn’t want to pay them, but it could have been extremely worse. If it wasn’t for no closing costs you would be reading from an apartment renter still.

By: Private Money Guy

Private Money Guy — Mon, 25 Oct 2010 23:15:11 +0000

It’s always a good idea to have your mortgage loan pre-approved before submitting an offer on a bank owned houses. Banks after all will be leery to accept an offer without seeing that the buyer has done his homework and took the steps to get the money part taken care of.

Bank like fast closing timeline too. If you have your loan preapproved in advance, you can make an offer with a short closing time… and often win a battle for the property, especially if it’s offered at substantially below market price.

Happy bargain hunting!

By: margaret

margaret — Fri, 20 Nov 2009 11:11:02 +0000

I think I have found your blog at the right time. My friend is in an idea of buying a bank owned home and I think this is the place where he must come.
Thanks for providing the form along with the post.
Do keep posting.

By: Sarah Mitchell

Sarah Mitchell — Sat, 24 Oct 2009 05:37:30 +0000

I loved the South Cove Home. Its simply magical to see such a wonderful house. I am certain that one day I will buy a house just like that. The pictures are wonderful and the view from the window is splendid. Some lucky family is certainly going to enjoy their stay there.

By: Sarah Mitchell

Sarah Mitchell — Sat, 24 Oct 2009 02:40:09 +0000

The information regarding bank owned homes is splendid and very helpful to me and my friends. A friend of mine is thinking about buy such a home. She would be thrilled to know what I know now, after reading this blog. Thank you.

By: South Cove Home For Sale Riverview FL

South Cove Home For Sale Riverview FL — Sun, 18 Oct 2009 00:16:20 +0000

[...] Type: Featured, Homes For Sale This home NOT A SHORT SALE OR BANK OWNED. You would think this home is brand new with the great condition it is in.Laminate flooring in the [...]

By: Real Estate Power Investor

Real Estate Power Investor — Mon, 04 May 2009 20:31:48 +0000

Now it the best time to buy bank owned homes, but it can be dangerous for the novice buyer who is not aware of all the details. This is why it is recommended to follow a known system if you want to start in real estate investing.

By: Susan@promotionalcodes

Susan@promotionalcodes — Wed, 07 Jan 2009 22:10:42 +0000

Living in the UK it has been interesting to read how the bank reposesion sales are done in the states and to understand the differences between how we go about it.

By: Longdistance.

Longdistance. — Sun, 04 Jan 2009 02:51:50 +0000

Most of the banks want more money then alot of the homes are worth. If they can not sell them they put them up for auction and still want to much money.