Jun 3, 2009

Incredible Value In Bank-Owned Homes

If you’re a buyer looking for an incredible value, consider a bank-owned home in east metro Orlando. These homes are the most affordable on the market today.

Bear in mind that a typical bank-owned home requires some elbow grease. If you can handle some cleaning, painting, yard work and general repairs in exchange for a great home at a great value…a bank-owned home may be just what you’re looking for.

A bank-owned home can close quickly – no waiting around for a response like in the case of a short sale home. Generally, a bank-owned home can close in 30 to 60 days.

Purchase price = est. monthly payment (30 year, 5.375% fixed rate)

$150,000 = $840
$175,000 = $980
$200,000 = $1,120
$225,000 = $1,260

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