Osceola County’s economy is largely driven by the hospitality industry. Walt Disney World is the largest employer. There are a total of 45,000 hotel and motel rooms in the county. Within Forty minutes, Kennedy Space Center in Cape Canaveral houses our NASA space program. Just to our North is Orlando, with all the culture and employment of a major city. So as you see, we are not just a vacation destination, but also a thriving metropolis with many jobs to offer. Find Out More About the Orlando, Kissimmee and St. Cloud Area Economy & Job Market Request our Free Orlando, Kissimmee and St. Cloud Relocation Package. It's packed full of useful and important information about the Orlando, Kissimmee and St. Cloud, Florida area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... Want the inside scoop on the local economy? It's our job to know! Ask us any question. Or request our FREE Orlando, Kissimmee and St. Cloud relocation package. We promise to get back to you quickly... 
Foreclosures >2. What Is a Bank Owned Property?
When a home owner misses payments on his or her mortgage, the loan becomes default and the home or property becomes distressed. What happens next depends on an appraisal and the equity of the home. If short sale isn’t a viable option for the home owner and the lender, the foreclosure process takes over and the home or property goes up for foreclosure auction.
A bank-owned property (also referred to as a "real estate owned" or "REO" property) is one that was up for sale at a foreclosure auction but did not sell and therefore now belongs to the lender (usually a bank, but can also be any government agency or loan insurer.)
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What famous $40+ million home has a 60-foot pool with underwater music and a 20-car garage?
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The home of Bill Gates, co-founder of Microsoft, features the latest futuristic computer technology. |
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Mark Horan Resident Team Realty LLC 1813 West Virginia Dr. Kissimmee, FL. 34744 Phone: 407-301-0312 Fax: 407-426-1101 Email: markhoran@NUMBER1EXPERT.com
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