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Friday, June 11, 2010

Econohomes: Florida Properties As Low As $5000

Econohomes: Profitably and Responsibly Transform Distressed Homes into Affordable Housing

Our country faces an unprecedented housing crisis. Hundreds of thousands of homes around the country are sitting vacant and falling into disrepair. Many of these properties reside in hard-hit economic areas and no longer are in good enough physical condition to serve as collateral on a traditional mortgage. Municipalities and surrounding homeowners incur substantial costs associated with vacant properties including increased crime, property maintenance and property devaluation.

Many of these homes can be saved and turned into affordable housing. Econohomes believes there are three key ingredients -- local real estate investors, affordable home improvement finance and alternative, long-term home finance.

Their vision is to rejuvenate communities by creating local investor networks to buy, renovate and resell these homes as affordable housing. By matching appropriate buyers, homes and financing structures, we are able to responsibly help people buy and improve homes that otherwise would sit vacant. Their model creates local jobs, improves property values and reduces crime.

Their Values

•Integrity - we do the right thing

•Reliable - we keep our promises

•Equality - we treat everyone with dignity and respect
If you would like to view some of the fablous bargains:  http://www.econohomes.com/

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