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Recently, I have been approved by HUD to participate in HUD Property sales. The properties are listed every Friday. They are up for bid for 10 days. The great thing about them is that the property inspection report is listed at the HUD site, and they are listed at the appraised value.

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Use a competent Realtor to help you position yourself to purchase a bank owned property. One that is familiar with what it takes to get your offer accepted above all the other offers.

SHORT SALES and BANK OWNED PROPERTIES Are Oppertunities For Great Purchases.

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Contact us with confidence! We guarantee your privacy will be respected. And we offer all the services on this site for free and without obligation. When you are ready to make a move buying or selling, The Resident Team will be here to help you with one of your biggest financial decissions of your life.

Currently the market is very exciting with prices at levels we experienced in 1999 and 2000. There has not been a better time to purchase in the past 10 years.

When you are ready, call us at 407-301-0312 or email us at ResidentTeamRealty@Yahoo.com

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Making An Offer >Keeping Your Earnest Money Safe

When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?

The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.

If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.

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Q	What trendy and highly unusual hotel must be totally rebuilt every year?
A	Sweden's popular Ice Hotel, which has 60 double rooms, 25 suites and an interior temperature of 20 degrees, starts melting to the ground in May and is rebuilt every winter.
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Resident Team, REALTORŽ, real estate agents and broker for Orlando, Kissimmee and St. Cloud Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

The Resident Team
Resident Team Realty LLC
1813 West Virginia Dr.
Kissimmee, FL. 34744
Phone: 407-301-0312
Fax: 407-426-1101
Email: markhoran@NUMBER1EXPERT.com

The Resident Team welcomes anyone looking to buy or sell their home. We use all the latest technology to search, market and get the results that you desire. You will be kept up to date all along the way. We are a partner you can trust. Don't just listen to us, read the testimonials of our past clients on our web-site, they are our true voice. Buying or selling a home can be the most stressful activity that a person can experience. It doesn't have to be that way! The Resident Team will strive to make it exciting and enjoyable! Contact The Resident Team today for your Professional Real Estate experience. We specialize in Bank Owned Foreclosures.

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