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James Foxx

Banks Slow to Approve Short Sales As Bank Owned Homes Continue to Rise - 0 views

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    Bank owned homes continue to rise in California, but an alternative to foreclosure is not getting support. Banks are said to be slow in approving short sales.
James Foxx

Hot Deals in Bank Owned Homes - 0 views

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    Bank owned homes or real estate owned homes as they are more popularly are properties that have been seized from the owners by the lenders due to non-payment of mortgage.
James Foxx

Bank Owned Home Listings Auctions Gave Rise to Fake Rescue Firms - 0 views

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    Bank owned home listings auctions have risen in Virginia in the past years. This also led to a rise in the number of firms offering help to troubled homeowners.
James Foxx

Prices of Bank Owned Homes for Rent and for Sale Continue to Drop in FL - 0 views

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    Prices of bank owned homes for rent continue to drop in Florida. December housing prices reports showed that rates were almost level with 2002 prices in some areas.
James Foxx

Bank Owned Rental Homes Challenge Condo and Rental Housing Market - 0 views

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    Bank owned rental homes increased in number in some areas of North Carolina in the past few years. The rentals are challenging condos for a share of the market.
James Foxx

Distressed Homes and Bank Owned Land Foreclosures Drag Prices Down - 0 views

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    Bank owned land foreclosures and distressed homes continue to drag housing prices down in Philadelphia. Sales of existing dwellings were also down in February.
James Foxx

Bank Owned Homes for Rent and Other Rentals Boost Market - 0 views

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    The housing market is enjoying a boost from the huge demand for bank owned homes for rent and other rental properties. This softens the foreclosure crisis blow.
James Foxx

Dip In Bank Owned Rental Property Supply Seen - 0 views

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    The number of bank owned rental property in Puget Sound may be dipping. Real estate developers are now being talked into unloading more of their remaining units.
James Foxx

Bank Foreclosed Homes Buyers Find Home Equity Loan a Challenge - 0 views

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    Bank foreclosed homes buyers trying to secure a home equity loan will face various hurdles. Analysts have asserted that not a lot of applicants get approved.
James Foxx

Listings of Bank-Owned Homes Pull Down New Home Sales in November - 0 views

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    The number of new houses sold in the U.S. in November was less than what economists predicted. According to analysts, unemployment and the presence of listings of bank-owned homes affected the result.
James Foxx

Foreclosed and Bank Owned Repo Home Listings Up in Utah Metro Areas - 0 views

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    Bank owned repo home listings and foreclosure numbers increased in most metro areas of Utah in 2010. The increase was largely attributed to unemployment.
James Foxx

More Buyers of Bank Owned Homes Foreclosures Use Cash - 0 views

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    Bank owned homes foreclosures are increasingly getting purchased by all-cash home buyers. In California, the percentage of all-cash purchases rose to over 30%.
James Foxx

Surge of Bank Owned Rental Properties Offer Opportunities to Builders - 0 views

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    Bank owned rental properties and foreclosures caused home building to slowdown in Omaha. However, builders stated that there is a positive side to all of this.
James Foxx

Interest in Residential Properties and Bank Owned Land Up in January - 0 views

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    Bank owned land and residential properties in Minneapolis are gaining the interest of buyers. Home pending sales were up in the area in January from a year ago.
James Foxx

Making Winning Offers For Bank Owned Homes - 0 views

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    While the market is clearly a buyer's market, there is still much competition to deal with. In order that you get the exact bank owned homes that you desire, make sure that you know how to make a winning offer.
James Foxx

Home Prices in Nebraska Not As Affected by REO Bank Owned Properties - 0 views

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    REO bank owned and foreclosed properties are not as high in Nebraska as in other U.S. states. This allowed home sellers in the region to maintain prices.
James Foxx

Bank Owned Condo and Foreclosed Houses Lead to Rental Housing Growth - 0 views

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    As bank owned condo and foreclosed homes continue to rise, interest in rental homes also increases. In Denver, investors prepare for an apartment market boom.
Jessica Brown

Obama Administration to Diminish the Number of Bank Owned Foreclosures - 0 views

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    This noble attempt to dminish the bank owned foreclosures has been designed to recompense homeowners who have decided to sell their home at lower price.
James Foxx

Texas Residents Opt to Rent Rather than Buy Bank Owned REO Homes - 0 views

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    Despite the low prices of bank owned REO homes in Texas, most areas of the state have higher number of renters than homebuyers. Demand for apartments in certain areas of the region rose in 2010.
James Foxx

Officials Tackle Rise in Bank Owned Condos and Foreclosed Homes - 0 views

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    Bank owned condos and foreclosed homes rose again in Brockton in 2010. Local officials recently had a meeting with realtors and consumers to address the issue.
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