Spring Hill Florida Bank Owned Homes: Buying Opportunity “Fixers” Reward Patience, Prudence, and Realism These days the words “bank owned homes” have become practically synonymous with a single word: “opportunity.” With prices and mortgage rates this low, first time home buyers, investors and seasoned property owners alike are looking at a raft
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SAN FRANCISCO – California’s attorney general filed lawsuits against mortgage giants Fannie Mae and Freddie Mac on Tuesday, demanding that the companies that own some 60 percent of the state’s mortgages respond to questions in a state investigation. Attorney General Kamala Harris, whose office filed the lawsuits in San Francisco Superior Court, is investigating Freddie
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That’s all you’ll need for a down payment to buy a foreclosure offered for sale by the government. This sounds like a heck of a deal: Rather than requiring a 3.5% down payment on foreclosures it’s trying to sell, HUD now only wants $100 down to close the deal. Yes, folks, the U.S. Department of
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