Bank of America has announced that they will be cutting 30,000 jobs or 10% of its work force. This means that there will be fewer employees to handle all aspects of their business. I have been unlucky enough to have had to deal with BOA many times and while I have had a surprise here and there [...]
Archive for the ‘Real Estate News’ Category
Bank of America slashing 30,000 jobs which will delay their already slow short sale process
Posted in Buyer Resources, Real Estate Experiences, Real Estate News, tagged Bank of America, Investment Properties, Short sale denial, Short Sales on September 14, 2011 | Leave a Comment »
The affluent are trading up bigger more extravegant homes despite recession
Posted in Real Estate Experiences, Real Estate News, tagged Affluent Home Buyers, Luxury Home Sales, Pinellas County Luxury Foreclosures, Real Estate for sale on July 14, 2011 | Leave a Comment »
A new survey recently published by New York City-based Luxury Institute and the Institute for Luxury Home Marketing show statistics that prove the affluent are taking advantage of the lower home prices and moving up to bigger, more extravagant homes. One in four U.S. consumers has bought a larger more luxurious home since 2008 and 23% [...]
3 Year Backlog of Foreclosures in courts!
Posted in Real Estate News on June 17, 2010 | Leave a Comment »
Banks seem to be overwhelmed with the amounts of foreclosures in their hands.