Bank Owned/REO list updated February 08, 2010




Hello my name is John Ellis with BPO Factory Inc, I am your local REO real estate expert specializing in Pasco, Hernando, Pinellas, Polk and Pinellas counties. I know the neighborhoods, schools, market conditions, zoning regulations and what it takes to make the deal go through. I appriciate the opportunity to be of service for you, your family and your friends with your real estate needs. From high end bank owned properties to cheap investment deals, I can locate the best deal for you.
I am a full-time realtor. That way, I am able to "work the market" for you, keeping up-to-date with new listings and conditions as they impact the market in our area. I know that my clients are unique, and that is exactly how I treat them. I am proud to say that a high percentage of my business comes from my past clients, people who choose my services time and time again. I don't measure my success by sales, but by the relationships I have built along the way. The most important thing when choosing a real estate professional is to find someone you can trust. I have knowledge of the local market, new construction, foreclosures, REO and short sales. You can count on me to work at all times with your best interests in mind, and to represent you and your wishes to the best of my ability. It would be my honor to serve as your real estate professional. Let's get together to talk about your home buying or selling plans. Please call my hotline at (813) 335-3434, or send me an e-mail at jellis@bpofactory.com and I'll set up a time to meet that is convenient for you.
Click on the *Office Listing* tab to see all the bank deals we have available at BPO Factory Inc. New bank deals available on daily/weekly basis.
Click on the *Active REO* tab to see updated list of bank deals available in Hills, Pasco, Hernando and Pinellas counties.
Click on the *Search Foreclosures* tab above to search foreclosure listings by state.
Click on the *For Buyers* tab above for useful information for first time home buyers and buyers in general.
Click on the *For Sellers* tab above for useful information for sellers.
P.S. : If you're not ready to meet in person, please tour my Web site and send me an email with questions or comments. I'm sure you’ll find the resources here useful.
First-Time Homebuyer Credit Extended to April 30, 2010; Some Current Homeowners Now Also Qualify
WASHINGTON — A new law that went into effect Nov. 6 extends the first-time homebuyer credit five months and expands the eligibility requirements for purchasers.
The Worker, Homeownership, and Business Assistance Act of 2009 extends the deadline for qualifying home purchases from Nov. 30, 2009, to April 30, 2010. Additionally, if a buyer enters into a binding contract by April 30, 2010, the buyer has until June 30, 2010, to settle on the purchase.
The maximum credit amount remains at $8,000 for a first-time homebuyer –– that is, a buyer who has not owned a primary residence during the three years up to the date of purchase.
But the new law also provides a “long-time resident” credit of up to $6,500 to others who do not qualify as “first-time homebuyers.” To qualify this way, a buyer must have owned and used the same home as a principal or primary residence for at least five consecutive years of the eight-year period ending on the date of purchase of a new home as a primary residence.
For all qualifying purchases in 2010, taxpayers have the option of claiming the credit on either their 2009 or 2010 tax returns.

