Looking for that Special Investment property, vacation home or 2nd home?

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 There are a great many of bank owned properties (REO's) that are available, in Orlando, Central Florida with excellent pricing opportunities, in today's market; I can locate, and assist you in obtaining that special purchase...

Bank Owned / REO’s - Purchase After Foreclosure, in Orlando Florida:

When a home is not sold to an outside party at the foreclosure auction, it ends up in the bank’s hands. Banks are not in business of being homeowners. So as one can imagine, a foreclosed home is a lot like a hot potato.
Typically, the bank will pay for miscellaneous debts associated with the home, including IRS taxes, property taxes and so on. Banks also have the ability to negotiate price of the property, down payment, and closing costs contributions with the "First Time Home Buyer". Because it is ideal for the Bank to sell the home, the buyer has a better chance at snapping up a dream home for an excellent price, and in some case with built-in equity; of course, the more reasonable "Cash Offers" with readily available proof of funds are the main attention getters.

Purchase a HUD Home:

When a federal Housing and Urban Development (HUD) or Federal Housing Administration (FHA) mortgage forecloses, the home is sold through a HUD program. HUD homes are pre-approved for an FHA mortgage, which means they are appraised and ready for sale.
Additionally, HUD homes can be purchased for less than market value, saving the "First Time Home Buyer" much money.
The downfall to HUD homes is they are sold on an “as is” basis.
Real estate shoppers must also navigate the HUD program with the assistance of a HUD agent or broker who can submit an offer on behalf of the buyer.
Whether it is shopping pre-foreclosures or bidding on a HUD home, there are several ways for "First Time Buyers" to realize the dream of owning a home without breaking their bank.

REO Rental Initiative: The REO Rental Initiative is a temporary rental initiative under which qualified, former owner-occupants and tenants will be offered an option to lease properties in which they reside that have been acquired by Freddie Mac as a result of foreclosure.
As stated by Freddie Mac...  http://www.freddiemac.com/avoidforeclosure/rental_initiative.html To quality for the month-to-month rental option, the property must be in good condition, meet all state laws and local code requirements for rental properties, and be free of all environmental hazards...

First Time Home Buyers, are encouraged to use the services of a Real Estate Professional, Realtor, when purchasing their home, AND remember the REALTORS fee is paid by the Seller/Bank/Lender, and not you the Buyer!!!

DON'T DELAY... 

Call Harcourt, today...

407-610-3165 direct
407-484-9892 cell 
407-792-4913 efax
email: Harcourt@HarcourtBethel.com

Direct: 407-484-9892, 933 Lee Road, Suite #300, Orlando, FL 32810

"Member of the 1% of American Realtors with e-Pro certification"