Real estate investors who were frustrated with the four-financed property limit will certainly be delighted to know that Fannie Mae has increased this limit to ten properties including homes in bank foreclosure listings.
The increasing number of foreclosed homes in Florida have crushed thousands of lives but created an opportunity for realtors who became inventive in their strategies to attract homebuyers.
The continuing rapid increase in the number of repo homes in Florida has made thousands of distressed homeowners wonder if they would ever recover from the current crisis.
Jacksonville foreclosed homes dropped in number in October, but they still influenced the trend of house prices in the area. The median price for single-family homes in Jacksonville dropped to $147,200 in October.
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