Florida Home Affordability

Federal officials announced today that five major banks have reached an agreement to pay out $25 billion to homeowners who were improperly foreclosed on. JPMorgan Chase, Citigroup, Wells Fargo, Bank of America and Ally Financial will reduce loans for nearly 1 million households. They will also send checks of $2,000 to about 750,000 Americans who were improperly foreclosed upon. The banks will have three years to fulfill the terms of the deal.

The settlement ends a painful chapter that emerged from the financial crisis, when home values sank and millions edged toward foreclosure. Many companies processed foreclosures without verifying documents. Some employees signed papers they hadn’t read or used fake signatures to speed foreclosures – an action known as robo-signing.

Read the full article here >> States, banks reach foreclosure-abuse settlement

Category : Blog

Owning a home is a dream that should come true for everyone. This dream might be a lot easier to realize than you think!

Home ownership is a big and exciting step to take and if you would like to find out if you qualify financially, give me a call or email me at any time. My complete home buying services are paid for by the home seller, not you. I will help you with your home search, arranging financing, negotiating a good deal and completing all the details of the transaction at no cost to you.

Home ownership is the most affordable it’s been since the 1970′s!  Don’t miss out on the opportunity to purchase a home at a low price with an extremely low interest rate! >>read more about home ownership affordability

Let’s see if we can make your dream come true together!

Call Gabe Fitzhugh at (386) 754-2818

…your professional Realtor in Lake City Florida

Category : Blog &Feature