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Industry insiders Brett Ellis of the Ellis Team at RE/MAX Realty Group in Fort Myers Florida and Adrian Jacobs from Countrywide Home Loans recently produced a short video on effectively dealing with the banks on short sales. The video explains what the banks look for in a short sale, how to qualify the seller, why a pre-approval is important, why a lien search is a good idea, and the advantages of working with a CDPE (Certified Distressed Property Expert). To read more visit our Tips on Short Sales Video or view the video directly.
We also outline how to buy bank foreclosures in Cape Coral and Fort Myers.
The Ellis Team SW Florida real estate State of the Market Report was released this past week, and in it were some startling observations. Two areas of the county, Central Fort Myers and Bonita Springs - Estero saw average price increases in 2008.
Overall single family inventory was down over 15%, and the months supply of inventory dropped 42.66% down from 30.57 months of supply last year to 17.53 this year. Visit our 2009 State of the Market page to download the full report, or read our Top Agent Blog for more detailed information on markets such as Estero, Bonita Springs, Fort Myers, Fort Myers Beach, Sanibel and Captiva islands, Cape Coral, Lehigh Acres and all of SW Florida.
The March Current Market Index for SW Florida was just released and it shows buyers are back in the game, for a couple of reasons. The first is buyers have gottem the message since January that prices are good and aaffordable, and they've responded. Secondly, bank owned foreclosures are hitting the market as many of the short sales just didn't pan out, and buyers are getting some great deals on homes, up to 75% off from market highs. The Ellis Team at RE/MAX realty Group has listed several bank owned bargains which are priced to sell at deep discounts, and many have never been lived in. You may call us at 800-860-4042 or visit our website at Topagent.com
Client Detail with Addl Pics Report |
| Active |
Listing # 200706051 |
3814 NW 2nd Ter Cape Coral, FL 33993-5591 |
Listing Price: $550,000 |
| County: Lee |
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|
Prop Type |
Residential |
Prop Subtype(s) |
Single Family |
| GEO Area |
CC43 - cape c |
Subdivision |
Cape Coral |
| Building Des |
Corner |
| Beds |
3 |
Living Area |
2068 Tax Data |
| Baths(FH) |
2 (2 0) |
Price/Sq Ft |
265.96 |
| Waterfront |
Yes |
| Year Built |
2004 |
Lot Sq Ft (approx) |
23174 ((Tax Data)) |
| PID |
074423C4041520440 |
Lot Acres (approx) |
0.532 |
| DOM |
176 |
 |
|
Directions From Fort Myers take Colonial Blvd - continue on Veterans Memorial Pkwy - continue on Burnt Store Rd. S. Turn L at Embers Pkwy W. Turn R at NW 38th Ave. Turn L at NW 2nd Ter. |
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Property Information Something for everyone can be found at this luxurious gulf access home. With over 2000 sqft of living area you'll enjoy three spacious bedrooms and a den; living room, family room and formal dining room; large tile throughout with carpet in bedrooms; a beautiful kitchen complete with upgraded cabinets and appliances and corian countertops - even has a built-in desk! Other features to take note of include upgraded fixtures throughout; wiring for surround sound; and over a half-acre of lush landscaping with curbing, sprinkler system, seawall and concrete dock all overlooking a gorgeous intersecting canal view. You will fall in love at first sight! |
| Status Type |
Resale Property |
Zoning |
R1-W |
| Building # |
0 |
Unit Floor |
1 |
| Furnished |
Unfurnished |
Ownership Desc. |
Single Family |
| Approx Total Area |
3724 |
Lot Size- Frontage |
180 |
| Lot Size- Back |
191 |
Lot Size- Left |
125 |
| Lot Size- Right |
115 |
Pets |
No Approval Needed |
| Elevator |
None |
Cable Available |
Yes |
| Garage |
Attached |
# Garage Spaces |
3.00 |
| Legal Unit |
59 |
Construction |
Concrete Block, Stucco Siding |
| Parking |
Driveway, Paved Parking |
Community Type |
Boating |
| Amenities |
None |
Cooling |
Ceiling Fans, Central Air |
| Restrictions |
No Commercial, No RV |
Roof |
Tile |
| Exterior Features |
Patio, Shutters Panels, Sprinkler Auto |
Irrigation |
Well |
| Security |
None |
Flooring |
Carpet, Tile |
| Water |
Well |
Waterfront Descrip. |
Canal, Gulf Access, Seawall |
| Canal Width |
81-120 |
Rear Exposure |
SW |
| Windows |
Single Hung, Sliding, Solar Tinted |
Sewer |
Septic |
| Heat |
Central Electric |
Boat/Water Access |
Boat Lock, Gulf Access |
| View |
Canal, Landscaped Area, Water |
Kitchen |
Built-In Desk, Pantry |
| Private Pool |
No |
Interior Features |
Cable Prewire, Cathedral Ceiling, Laundry Tub, Pantry, Pull Down Stairs, Smoke Detectors, Tray Ceiling, Vaulted Ceiling, Walk-in Closet, Window Coverings, Surround Sound Wired |
| Master Bath Descrip |
Separate Tub/Shower |
Private Spa |
No |
| Equip/Appliance Incl |
Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Ice, Self Cleaning Oven, Smoke Detector, Washer |
Guest House |
No |
| Num of Ceiling Fans |
8 |
Dining Description |
Breakfast Bar, Breakfast Room, Formal |
| Possession |
At Closing |
Maintenance Includes |
None |
| |
|
Information has not been verified, is not guaranteed, and is subject to change.
Copyright ©2007 Rapattoni Corporation. All rights reserved. |
Client Detail with Addl Pics Report |
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Listing Number 200735481 |
| Active |
Listing # 200735481 |
24700 Sweet Gum Ct Bonita Springs, FL 34134-7942 |
Listing Price: $625,000 |
| County: Lee |
|
|
Prop Type |
Residential |
Prop Subtype(s) |
Single Family |
| GEO Area |
BN05 - pelica |
Subdivision |
Pelican Landing |
| Beds |
4 |
Living Area |
2537 Tax Data |
| Baths(FH) |
3 (3 0) |
Price/Sq Ft |
246.35 |
| Waterfront |
No |
| Year Built |
1992 |
Lot Sq Ft (approx) |
22564 ((Tax Data)) |
| PID |
164725B40080A0060 |
Lot Acres (approx) |
0.518 |
| DOM |
51 |
|
Directions From Cypress Lake, turn R at Tamiami Trail. Turn R at Pelican Landing Pkwy. Turn L at Pennyroyal Dr. Turn R at Sweet Gum Ct. |
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Property Information What a beauty! This 4 bedroom, 3 bathroom pool home in Pelican Landing offers lot's of privacy with a big backyard, wooded views and gorgeous landscaping. From the brick paver driveway, tile roof, plantation shutters, fountain and arched entry flowing with bougainvillea - this home is a charming retreat. Perfect for entertaining with an outdoor kitchen that has a built-in-grill, refrigerator, sink and plenty of counter space for preparing meals; gorgeous pool and paver lanai. Great floorplan that features sliding glass doors opening out to lanai from the family room, living room and master bedroom. Spacious kitchen with center island, plant shelving and tile backsplash. So many upgrades and beautiful details - you have to make sure to come see this one! |
| Status Type |
Resale Property |
Zoning |
Rpd |
| Building # |
0 |
Unit Floor |
1 |
| Furnished |
Unfurnished |
Ownership Desc. |
Single Family |
| Approx Total Area |
4347 |
Lot Size- Frontage |
92 |
| Lot Size- Back |
150 |
Lot Size- Left |
175 |
| Lot Size- Right |
187 |
Pets |
Limits |
| Pet Comments |
See HOA docs |
Elevator |
None |
| Cable Available |
Yes |
Garage |
Attached |
| # Garage Spaces |
2.00 |
Legal Unit |
N/A |
| Construction |
Concrete Block, Stucco Siding |
Parking |
Driveway, Paved Parking |
| Community Type |
Gated, Golf Course |
Amenities |
Beach Access, Community Room, Exercise Room, Tennis, Community Park |
| Cooling |
Ceiling Fans, Central Air |
Restrictions |
Architectural |
| Roof |
Tile |
Exterior Features |
Built-In Grill, Fruit Tree, Outdoor Kitchen, Sprinkler Auto |
| Irrigation |
Lake/Canal |
Security |
Alarm Monitored, Gated, Guard at Gate, Patrolled |
| Flooring |
Carpet, Tile, Wood |
Water |
Central |
| Waterfront Descrip. |
None |
Rear Exposure |
NW |
| Windows |
Single Hung, Sliding |
Sewer |
Central |
| Heat |
Central Electric |
Boat/Water Access |
None |
| View |
Landscaped Area, Preserve |
Kitchen |
Island, Pantry |
| Private Pool |
Yes |
Pool Description |
Below Ground, Heated Electric, Pool Bath, Screened |
| Interior Features |
Built-in Cabinets, Cable Prewire, Laundry Tub, Pantry, Smoke Detectors, Volume Ceiling, Window Coverings, Other/See Remarks |
Master Bath Descrip |
Dual Sinks, Jetted Tub, Separate Tub/Shower |
| Private Spa |
No |
Equip/Appliance Incl |
Auto Garage Door, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Security System, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer |
| Guest House |
No |
Num of Ceiling Fans |
8 |
| Dining Description |
Breakfast Bar, Breakfast Room, Formal |
Approval Info |
None |
| Possession |
At Closing |
Maintenance Includes |
Cable, Reserve, Security, Streel Lights, Street Maintenance |
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<!--TD width="0.1%" height="12"></TD--> Information has not been verified, is not guaranteed, and is subject to change.
Copyright ©2007 Rapattoni Corporation. All rights reserved. |
Client Detail with Addl Pics Report |
| Active |
Listing # 200706861 |
3481 Cypress Marsh Dr Fort Myers, FL 33905-6255 |
Listing Price: $675,000 |
| County: Lee |
|
|
Prop Type |
Residential |
Prop Subtype(s) |
Single Family |
| GEO Area |
FE04 - verand |
Subdivision |
Verandah |
| Building Des |
Split Bedrooms |
| Beds |
4 |
Living Area |
2397 Seller |
| Baths(FH) |
2 (2 0) |
Price/Sq Ft |
281.60 |
| Waterfront |
No |
| Year Built |
2007 |
Lot Sq Ft (approx) |
14680 ((Tax Data)) |
| PID |
314326080000C0260 |
Lot Acres (approx) |
0.337 |
| DOM |
171 |
|
Directions Take I-75 N to SR 80 - Exit 141 to Ft. Myers / LaBelle. Turn R at Palm Beach Blvd. Turn R at Verandah Blvd. Turn R at Cypress Marsh Dr. |
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Property Information Beautiful Key Largo II, 4 bed, 2 bath, pool home in Verandah. Features of note include, large tile throughout, crown molding, tray ceiling, carpet in bedrooms, open kitchen with corian countertops and wood cabinets and beautiful lanai with heated pool and spa. |
| Status Type |
Resale Property |
Zoning |
Mpd |
| Building # |
0 |
Unit Floor |
1 |
| Furnished |
Unfurnished |
Ownership Desc. |
Single Family |
| Approx Total Area |
3110 |
Lot Size- Frontage |
86 |
| Lot Size- Back |
145 |
Lot Size- Left |
86 |
| Lot Size- Right |
145 |
Pets |
Limits |
| Pet Comments |
See HOA Docs |
Elevator |
None |
| Cable Available |
Yes |
Garage |
Attached |
| # Garage Spaces |
2.00 |
Legal Unit |
2 |
| Construction |
Concrete Block, Stucco Siding |
Parking |
Driveway, Paved Parking |
| Community Type |
Gated |
Amenities |
Bike and Jog Path, Clubhouse, Other/See Remarks |
| Cooling |
Ceiling Fans, Central Air |
Restrictions |
Other/See Remarks |
| Roof |
Tile |
Exterior Features |
Patio |
| Irrigation |
City |
Security |
Alarm Unmonitored, Gated, Guard at Gate |
| Flooring |
Carpet, Tile |
Water |
Central |
| Waterfront Descrip. |
None |
Rear Exposure |
W |
| Windows |
Arched, Single Hung |
Sewer |
Central |
| Heat |
Central Electric |
Boat/Water Access |
None |
| View |
Wooded Area |
Kitchen |
Walk-In Pantry |
| Private Pool |
Yes |
Pool Description |
Below Ground, Equipment Stays, Heated Gas, Pool Bath, Screened, Other/See Remarks |
| Interior Features |
Bar, Foyer, Pantry, Smoke Detectors, Tray Ceiling, Walk-in Closet, Window Coverings |
Master Bath Descrip |
Dual Sinks, Separate Tub/Shower |
| Private Spa |
Yes |
Spa Description |
Below Ground, Equipment Stays, Heated Gas, Pool Bath, Screened, Other/See Remarks |
| Equip/Appliance Incl |
Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Ice, Self Cleaning Oven, Washer |
Guest House |
No |
| Num of Ceiling Fans |
8 |
Dining Description |
Breakfast Bar, Breakfast Room, Formal |
| Approval Info |
Other/See Remarks |
Possession |
At Closing |
| Maintenance Includes |
Cable, Lawn/Land Mainten, Legal/Accounting, Master Assn Fee Incl, Security, Street Maintenance |
Terms |
Buyer Finance/Cash |
| |
|
Information has not been verified, is not guaranteed, and is subject to change.
Copyright ©2007 Rapattoni Corporation. All rights reserved. |
Client Detail with Addl Pics Report |
| Active |
Listing # 200738583 |
3518 NW 42nd Ave Cape Coral, FL 33993-7929 |
Listing Price: $785,000 |
| County: Lee |
|
|
Prop Type |
Residential |
Prop Subtype(s) |
Single Family |
| GEO Area |
CC43 - cape c |
Subdivision |
Cape Coral |
| Building Des |
Great Room |
| Beds |
3 |
Living Area |
2275 Tax Data |
| Baths(FH) |
2 (2 0) |
Price/Sq Ft |
345.05 |
| Waterfront |
Yes |
| Year Built |
2001 |
Lot Sq Ft (approx) |
19994 ((Tax Data)) |
| PID |
244322C2054380380 |
Lot Acres (approx) |
0.459 |
| DOM |
41 |
|
Directions Veterans to Burnt Store Rd, W on Kismet Pkwy, N on Old Burnt Store Rd, W on NW 35th St, N on NW 42nd Ave. |
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Property Information The best of the best. This jaw-dropping gulf access lake front estate home has it all: 4-lot site looking out to beautiful Meadowview Lake, 160-feet of seawall, 7k lift, wrap dock (Sweet Water Pontoon Boat included!), electric heated pool with waterfall, Good Sense electrical package, whole house R/O, hurricane glass, beautiful landscape package with curbing, low voltage and solar lighting (includes John Deer Tractor), and a stunning brick paver driveway. Huge garage which is 29'4 x 22'10 x 29'4 x 21' bigger than many 3 car garages but has a double door - possible conversion. The list of upgrades continues (see attached brochure) - this IS gulf access waterfront living like no other. You will be amazed! |
| Status Type |
Resale Property |
Zoning |
R1-W |
| Building # |
0 |
Unit Floor |
1 |
| Furnished |
Unfurnished |
Ownership Desc. |
Single Family |
| Approx Total Area |
4443 |
Lot Size- Frontage |
160 |
| Lot Size- Back |
160 |
Lot Size- Left |
125 |
| Lot Size- Right |
125 |
Pets |
No Approval Needed |
| Elevator |
None |
Cable Available |
Yes |
| Garage |
Attached |
# Garage Spaces |
2.00 |
| Construction |
Concrete Block, Stucco Siding |
Parking |
Driveway, Paved Parking |
| Community Type |
Boating |
Amenities |
None |
| Cooling |
Ceiling Fans, Central Air |
Restrictions |
None |
| Roof |
Shingle |
Exterior Features |
Fence, Patio, Sprinkler Auto |
| Irrigation |
Well |
Security |
Alarm Unmonitored |
| Flooring |
Carpet, Tile |
Water |
Heat Recovery Unit, Well, All House R/O |
| Waterfront Descrip. |
Gulf Access, Lake, Seawall |
Rear Exposure |
W |
| Windows |
Single Hung, Sliding |
Sewer |
Septic |
| Heat |
Central Electric |
Boat/Water Access |
Boat Lift, Boat Lock, Dock Included, Gulf Access |
| View |
Canal, Lake, Landscaped Area, Water |
Kitchen |
Pantry |
| Private Pool |
Yes |
Pool Description |
Below Ground, Concrete, Equipment Stays, Heated Electric, Screened |
| Interior Features |
Cable Prewire, French Door, Laundry Tub, Multi Phone Lines, Pantry, Volume Ceiling, Walk-in Closet, Window Coverings, Cat 5 Prewired |
Master Bath Descrip |
Dual Sinks, Separate Tub/Shower |
| Private Spa |
No |
Equip/Appliance Incl |
Auto Garage Door, Dishwasher, Dryer, Microwave, Range, Refrigerator/Ice, Satellite Dish, Washer |
| Guest House |
No |
Num of Ceiling Fans |
7 |
| Dining Description |
Breakfast Bar, Breakfast Room, Formal |
Possession |
At Closing |
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Information has not been verified, is not guaranteed, and is subject to change.
Copyright ©2007 Rapattoni Corporation. All rights reserved. |
Client Summary with Addl Pics Report |
| Active |
Listing # 200711973 |
1515 Edgewater Cir Fort Myers, FL 33919-6707 |
Listing Price: $190,000 |
| County: Lee |
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| Property Type |
Residential |
Property Subtype |
Villa Attch/Half Dup |
| GEO Area |
FM10 - myerle |
Subdivision |
Myerlee Park Homes Condo |
| Building Des |
Split Bedrooms |
| Beds |
3 |
Living Area |
1529 Tax Data |
| Baths(FH) |
3 (2 1) |
Price/Sq Ft |
124.26 |
| Waterfront |
Yes |
| Year Built |
1979 |
Lot Sq Ft(approx) |
15333 ((Tax Data)) |
| PID |
27452424000000520 |
| DOM |
147 |
Lot Acres (approx) |
0.352 |
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Directions From Summerlin Rd, turn L at Cypress Lake Dr. Turn L at Winkler Rd. Turn R at Edgewater Cir. |
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Property Information Very charming 3 bed, 2.5 bath villa in 55+ community, with gorgeous lake view. Amenities include club house, tennis courts and community pool. |
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Information has not been verified, is not guaranteed, and is subject to change.
Copyright ©2007 Rapattoni Corporation. All rights reserved. |
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