Cape Coral's Red, White & BOOM | Friday, July 4, 2008! - 06/28/08 01:32 PM
Cape Coral, FL   
July 4, 2008 - Friday!
This Friday we'll see you at Cape Coral's Red, White & BOOM!
Florida Future Realty, Inc. is a sponsor this year!
The event starts at 4:00PM at the base of the Cape Coral Bridge.
Photo taken last year at the event:

 
Florida Future Realty, Inc.
(239) 542-8521
Search Cape Coral & other area listings: http://cape-coral-homes.listingbook.com/
Copyright 2008 Florida Future Realty, Inc.
… (1 comments)

Short Sales and How I Think They Should Be Handled Part 1 of 4 - 06/26/08 01:29 PM

First of all I do not believe that any real estate agent should list a home as a short sale without having done some research first.
 
 
Research
 
You should have a preliminary title search done to determine if there is a second mortgage or any other liens on the property. Determine who the owner(s) are.
 
           
 
Document Collection
 
Next, you should collect all of the necessary paperwork that the lender will require for their short sale package. (Some banks require less/more documentation but this is a very ‘standard’ list)
 
Obviously … (8 comments)

Short Sales and How I Think They Should Be Handled Part 2 of 4 - 06/26/08 01:28 PM

Listing Activities at property
 
 
·         Take multiple photos of the property – the good and the bad. Obviously use the prettiest photos for your marketing material but disclose any known defects. The bad photos are good to show the seller’s lender.
 
·         Put an electronic lockbox on the front door or hidden if seller/tenant prefers. Agents that have to pick up a key or schedule to meet an owner/tenant/agent are WAY less likely to show that home. Especially in this current buyer’s market. There are too many other choices available. Check out my previous blog about tenant … (0 comments)

Short Sales and How I Think They Should Be Handled Part 3 of 4 - 06/26/08 01:27 PM

Yay, Showings and Offers!
 
You get showings, and now an offer comes in. GREAT! How do I think offers on short sales should be handled? Like any other sale.
 
            Present all in a timely manner. Encourage your seller to make a decision asap. If they like the offer, have them sign the contract. We require all contracts to be on the Far/Bar As-Is contract along with the Short Sale Addendum. We also require a bank letter of funds available or a pre-approval letter and a copy of the buyer’s escrow check.
 
            What’s next? First of all, … (5 comments)

Short Sales and How I Think They Should Be Handled Part 4 of 4 - 06/26/08 01:26 PM

Submit That Offer
 
            Ok, now back to the seller’s bank. You should have already spoken to the bank(s) to know exactly what to send and to where. Create a nice coversheet detailing the borrowers (that’s your seller) Property Address, Name and Loan #. Include page #s like a table of contents. Include the contact for the BPO/Appraisal. Include a preliminary Hud1 (get from your title company), updated financial if out-dated, comparables and property history of the property. Send this and call the following day to verify. (Some banks say it takes up to 72 hours to receive so … (3 comments)

Outside Blogs Provided by Active Rain - 06/25/08 08:06 PM
So I briefly looked at Brad's newest blog about these cool new 'outside' blogs that ActiveRain is providing.
I clicked on my 'outside blog' tab and got to work. That was at 8:38PM. I wanted to time myself you see.
I changed my meta tags and desciption to better fit my target audience.
Then I added one of my domain names in. It says it may not work for up to 72 hours, I'll let you know when it is up. The Domain I used is: BUY-CAPE-CORAL-REAL-ESTATE.COM. (still not finding it).
You can see what my blog looks like here: http://capecoral.activerain.com/
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Cape Coral Homes Insurance - Affordability of Florida Insurance - 06/19/08 01:56 PM
As a Cape Coral real estate brokerage, we are often asked about the costs and availability of homeowners insurance in the SW Florida area.
Many believe that the costs are very high and others wonder if it is even available.
While many insurance providers have stopped writing in Florida after the busy Hurricane Season of years past, many more have opened up in Florida.
Many insurance companies have been around for many years while others are new to Florida.
 
There is an excellent website to give you an ideea of insurance costs.
http://www.shopandcomparerates.com/HOCompareRates.htm
You can click on 'lee county' for a list of … (0 comments)

Is Your Condo Association Facing Foreclosure? - 06/16/08 10:27 PM
Be careful when buying a condo. The association could be facing foreclosure. Tonight on the news they found many local condo developments now facing foreclosure. It isn't just affecting Sally Homeowner anymore. These are entire communities. Most condo documents have a provision allowing them to assess individual owners for this deficit. Sound familiar?
Anyway, make sure you read those documents carefully and get a copy of the most recent financials and last few meeting minutes.
Worried about financing a condo? According to a Ft. Myers loan officer, you should be.
 
To search for real estate bargains, visit our website today at www.Florida-Future-Realty.com 
Susan Milner
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Cape Coral Gulf Access Short Sale - SOLD - 06/12/08 08:48 PM
Cape Coral Real Estate - SOLD | Cape Coral Short Sale
Today we closed on another short sale here in Cape Coral, Florida. This was a beautiful new home on a gulf access canal. The home has 4 bedrooms, 3 bathrooms, a 3 car garage and an inground pool.
The previous owner had built the home and had a mortgage of $808,000 on the home.
We listed the home for sale at market value and made price reductions as necessary for today's market. 
We received an offer on May 6, 2008. The seller signed off on the offer on May 9, 2008.
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Ceitus Boat Lift Being Removed - What do I really think? - 06/11/08 10:46 PM
The boat lift in NW Cape Coral is currently being removed. This WILL give boaters a more direct access to the gulf of mexico. It was already gulf access. Now, for the time being, it is just easier and quicker to get out to open water.
They are conducting an environmental study for at least a year to see how this effects everything. Then they may or may not put up another lift or something else.
So question, do I think this can help home sales in the area? Of course. I think if buyers see how their access just became … (1 comments)

14823 Calusa Palms Dr, Fort Myers, FL 33919 - 06/10/08 09:16 PM

Fort Myers Real Estate | Calusa Palms | Pool Home
Are you searching for a POOL home located in a GATED community in Fort Myers, Florida?
Just listed today, this home features 3 large bedrooms, 2 full bathrooms and nearly 1800 square feet of living area.
The kitchen comes complete with All Appliances: Smooth Top Range/Stove, Built-in Microwave, Refrigerator with water/ice in door and dishwasher.
There is also an indoor laundry room complete with washer and dryer.
The Kitchen also has an eat-in area with a window seat.
The living room features sliders out to your lanai and large, inground … (7 comments)

Fort Myers Short Sale | Seven Lakes Condo Sold - 06/02/08 07:56 PM
Fort Myers Condo Sold | Seven Lakes Condo sold as short sale 5/30/2008
Friday we closed on another short sale here in Ft. Myers, Florida. This condo was located in Seven Lakes.
Seven Lakes is a beautiful community in Ft. Myers, Florida. A very active 55+ community with an 18 hole golf course. The community also has several heated pools, bocce, shuffleboard, tennis courts and an awesome community center.
Anytime you drive through this community you'll see people out and about. The residents just love to keep busy here. Everyone is so friendly.
The Seven Lakes community is gated with a … (3 comments)

 
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Cape Coral Real Estate Broker | Susan Milner | FloridaFutureAgents.com

Cape Coral, FL

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Florida Future Realty, Inc.

Address: 1222 SE 47th Street, Cape Coral, FL, 33904

Office Phone: (239) 542-8521

Cell Phone: (239) 218-2229

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Licensed Real Esate Broker, Susan Milner shares her knowledge & opinions on real estate. Having lived in Cape Coral for the past 18 years she puts emphasis on that area. Susan holds GRI, CDPE, SFR & e-PRO designations & is a proud member of the National Association of REALTORS.

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