Tampa Real Estate Sizzle…Your Best Source for Tampa Real Estate, Tampa Neighborhoods, South Tampa Real Estate, Florida Condominiums and The Latest News on The International Real Estate Market
Jackie Colson-Miller
Direct - (813)629-5757
Homeward Real Estate
3401 Henderson Blvd
Tampa, FL 33609
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Want a Tampa Foreclosure? Read the Latest on the Tampa Foreclosure Market and How Fannie Mae Can Help!
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The Latest News on the Tampa Real Estate Market, Tampa Real Estate and International Real Estate News… Great News from Fannie Mae Helps Tampa Foreclosure Buyers! Many investors can move faster on home purchases because they are able to pay cash and don’t have to wait to qualify for a loan and get an appraisal. Investors often turn the homes into rental units or flip them to other buyers for a quick profit. People seeking to take advantage of the drop in housing prices to buy their first homes have been grousing that they often lose bidding wars to investors. Fannie said it also would help owner-occupants acquire homes by reducing deposit requirements to as little as $500 and giving them a chance to renegotiate offers after appraisals. Such buyers also are to be allowed as many as 45 days to complete the transaction, up from the usual 30 days. A Freddie spokesman said the company has similar pilot programs and is helping owner-occupants pay closing costs. Fannie announced Tuesday that 4.72% of the single-family home loans it owns or guarantees were 90 days or more overdue in September, up from 4.45% in August and 1.72% in September 2008. For more information about this program, or buying a house in Tampa, please contact me. If you would like to receive a list of homes in a certain price range…send me an email! I can help with your move to any Tampa neighborhood, or Real Estate Listings in the Tampa area, including: South Tampa, Davis Islands, Beach Park, Sunset Park, Hyde Park, Culbreath Isles, Palma Ceia, Westchase, Waterchase, Odessa, Cheval, Avila, Brandon, Riverview, FishHawk, New Tampa, Tampa Palms, Hunter’s Green, Arbor Greene, Apollo Beach, South Shore, MiraBay, Golf Communities, Waterfront Homes, Luxury Homes in Tampa, Condos in Tampa and International Real Estate…contact me!
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This entry was posted on Wednesday, November 25th, 2009 at 9:11 am and is filed under Buying a House in Tampa, First-Time Homebuyers, Moving to Tampa, Tampa Real Estate, Tampa Real Estate Agent, Tampa Real Estate Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
