I have recently taken the SFR (Short Sale and Foreclosure Resource) certification course to assist all new and old customers with Short Sales and Foreclosures in Englewood Florida and the surrounding areas.  There is a lot of information the public is not aware of on these topics.  Make me your Realtor of choice and I can share my wealth of information.  I will share a couple interesting things that were mentioned by the instructor.

* Short Sales may only effect your credit score as low as 50 points where a Foreclosure could be around 200 points. 

* It costs a bank on average $55k to handle a foreclosure.  They really don’t want the Real Estate. 

*Attention all investors!!!! Looking for a great return on your money?  HUD has waved some of the guidelines for flipping houses.     Now is the time to be buying a house in Englewood Florida or the surrounding areas.  In the past, FHA would not insure a mortgage on a home owned by a seller for less than 90 days. This ruling has been temporarily lifted and will give investors access to a wider range of foreclosed properties. The waiver will take effect on February 1, 2010 and will be effective for one year.  See the attached article.  http://ezinearticles.com/?New-HUD-Measures-on-Foreclosed-Properties-Are-a-Great-Opportunity-For-Investors&id=3688106

To learn more, please contact me.  I look forward to assisting you.

Tags: Englewood Real Estate, Foreclosures in Englewood Florida, HUD, Investors, Real Estate, SFR, Short Sales in Englewood Florida

Posted on Friday, March 12th, 2010 at 10:44 pm and is filed under Foreclosures. 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.