Articles

No Reason for First Time Buyers to Shy Away From REO Homes

Buying your first home is daunting and takes a lot of homework.  Use the knowledge you gather to get a great deal on a bank owned home. Every new experience comes with a certain amount of trepidation.  Things like your first day of school, or the first time you take your parent’s car out after [...]

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“First Look” to Benefit Local Communities

The Federal Housing Authority (FHA) is hoping to help revitalize communities hard-hit by foreclosure through its “First Look” initiative, according to Realty Times. In concurrence with the Department of Housing and Urban and Development’s (HUD) Neighborhood Stabilization Program (NSP) (which gives a discount to non-profit organizations and government entities when purchasing REO properties) the FHA [...]

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