Countrywide Teams Up With New Vista Asset Management To Turn Foreclosures Into Opportunities For Home Buyers
Countrywide Financial (NYSE: CFC), a diversified financial services provider, and New Vista Asset Management have joined together to find qualified buyers for Countrywide’s REO properties. The program is designed to help minimize the impact of foreclosures on neighborhoods by reaching out to consumers interested in residing in these communities. In the relationship, New Vista’s network of real estate professionals who have deep roots in minority communities are assigned the responsibility and will work to ensure that prepared homebuyers, often first-time and minority homebuyers working with New Vista professionals, have the opportunity to purchase REO properties.
Three Tips For First-Time Homebuyers
If you are considering buying your first home, here are some great pieces of advice to follow when setting out:
Understand the lingo. Do your best to obtain general knowledge about the homebuying process and the real estate market. Your REALTOR® can be an invaluable asset to you when starting out. You might also look into taking a homebuyer education course; at your local Department of Housing and Community Affairs offers classes around the state.