Bank Owned Homes in Long Beach as of 01/08/2008

As of today there are 59 bank owned homes also called reo`s in Long Beach the starting price is $179,900 for a 2 bedrooms, 1bath house, next price is $184,500 for a 1bedroom, 1bath house, also $185,000 for a 2bedroom, 1bath house, then go up to $240,000 and on.

The lowest 3bedrooms, 2bath goes for $323,000, also the lowest 4bedrooms, 2bath goes for $325,000.

As you can see prices are very good in long beach comparing to the prices 2 years ago and back, if you are seriously thinking in buying in Long Beach, let me inform you that for First Time Home Buyers there is a 100% Mortgage Loan Available with NO Closing cost and the Interest rate as of TODAY is 4.875% FIXED FOR 30 YEARS.

You are not going to be able to get something like this with any lender other that the one I know, they are the Biggest Bank in the World and it is based in the USA.

They are also able to lend you as First Time Buyer to buy a DUPLEX, TRIPLEX OR FOURPLEX, there is no better than this. You may thing that this sounds to good to be true, but it is.

The requisit is be 1st Time Home buyer and present 2 year income tax forms, and you may qualify acording to your income.

If interested in finding more information about this program, e-mail me or call me.

By the way it also applies for the Entire Los Angeles, San Bernardino counties including Palmdale and Lancaster.