cape coral short sales: Cape Coral Short Sale Offer - 06/15/09 09:17 AM
Placing an offer on a short saleReady to make an offer on a short sale? Here are the steps to make sure your offer stands a chance. Remember, a short sale simply means that the seller is upside-down on their mortgage. Their lender may, or may not, know that they are even trying to complete a short sale. The house may or may not be in some level of pre-foreclosure. The bank has no obligation to approve or even respond to a short sale offer. There are many documents that must be submitted with a short sale offer for it to … (5 comments)
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cape coral short sales: Cape Coral Short Sale Expire? - 02/13/09 09:09 PM
Did you attempt to short sale your Cape Coral house but the listing expired? We hate to see that happen to good people.
Was your agent too busy to work enough on your house? Did they maybe get in over their head?
If you are still interested in selling your house we can help. There is probably enough time to find a new buyer.
We have worked with many homeowners just like you who were in need of short selling their house. We have been successfully negotiating short sales for the past 2 years here in Lee County.
If you'd like … (1 comments)
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cape coral short sales: Florida Foreclosures Stopped? - 12/04/08 12:39 PM
Cape Coral Foreclosures Stopped - Here are the FACTS.
Cape Coral, FL Florida Governor Charlie Crist along with the Florida Banker's Association and Florida Credit Union League urged banks and credit unions in Florida to put a halt on Foreclosure activities for the next 45 days.
Some banks and credit unions agreed to NOT file any new Foreclosures on primary residences in the state of Florida for the next 45 days (as of Dec 2, 2008). They will also NOT be scheduling sale dates either.
You can read the release from the Governor's office here
This could … (2 comments)
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cape coral short sales: Cape Coral Short Sales | Advice for banks - 10/25/08 06:50 PM
I'm a firm believer in only addressing a problem if you have the solution. The recent blog I wrote about Countrywide short sales sure caused a lot of comments, emails and phone calls.
Not to worry, I have a solution.
Read the full article about Countrywide Short Sales and the WHY behind this post. Here's what I propose the banks do to collect the most money back on these bad loans:
1) Have an intake department with a checklist of items needed in package
(timeframe: same day of receipt)
a. Reject all that are missing items - send letter of … (6 comments)
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cape coral short sales: Countrywide Short Sales - 10/15/08 03:01 PM
Update on Countrywide home loan short sales:
We have had much success in dealing with Countrywide Home Loans. And we will still help you with your Countrywide Short Sale. If you need help feel free to visit our site for more help on a Countrywide Short Sale.
Did you hear the most recent news though? Countrywide is now going to add verbiage to their short sale approval letter allowing them to RESCIND THE SALE OF SHORT SALE ON THE PROPERTY if they determine there was any fraud involved. Can you imagine being the buyer and thinking everything was fine … (29 comments)
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cape coral short sales: Cape Coral's hot real estate market - 10/11/08 09:18 AM
Everyone is talking about Cape Coral, Florida and Ft. Myers, Florida real estate. First time homeowners can finally afford to buy, northerners can easily afford that second home in Cape Coral. Investors can cash flow again in Lee County.
Buyers, give us a call to see what I mean. 239-218-2229 - my personal cell phone!
Last week I had customers from Germany enter into a contract on a beautifully appointed S. Ft. Myers condo near the beach at half of the pice of 2004/2005. Great condition from the seller (not a short sale). They'll soon be enjoying those grey winters from … (0 comments)
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cape coral short sales: Expecting to Buy a short Sale | What to Expect - 10/09/08 08:36 AM
What to Expect when you are expecting to buy a short sale
So, you are expecting? Expecting to buy a short sale? Short sales are handled much differently from traditional sales. Here we will go over the differences to help you through the process.
The first thing to consider: Your time frame for purchase
Do you have enough time to wait for an answer? Short sales can take 30-60 days to receive an answer. We've heard horror stories of it taking 5-6 months in some cases as well. This could have been due to a number of factors … (0 comments)
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cape coral short sales: Cape Coral short sales and Cape Coral Foreclosures - 09/21/08 09:25 AM
Are you looking for a great deal with a Cape Coral Short Sale or a Cape Coral Foreclosure? We can send you a new list each week for your review. Just select from below what you are looking for and we'll do the rest. The list will be sent via email so make sure your email address is correct!
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Yours in Success,
Susan Milner
Florida Future Realty, Inc.
(239) 542-8521
Cape Coral Real Estate
Email Susan
Copyright 2008 Susan Milner
… (0 comments)
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cape coral short sales: Invest in Short Sales | Cape Coral Short Sales | Ft. Myers Short Sales - 08/29/08 02:21 PM
Invest in Short Sales | Cape Coral Short Sales | Ft. Myers Short Sales
Are you interested in Cape Coral short sales? Want to hear the truth about them?Do you and/or your agent understand them?One thing that I think is VERY important is to note the source of the information you find. How many short sales has this agent been involved with? How many have actually CLOSED?Getting bad advice is possible so you need to understand where this information is coming from. Would you take advice about building wealth from someone currently in poverty? No, of course not. Then why … (13 comments)
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cape coral short sales: 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)
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cape coral short sales: 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)
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cape coral short sales: Cape Coral Real Estate - Cape Coral Short Sales - 04/29/08 11:20 AM
Cape Coral Real Estate – Cape Coral Short Sales
The Cape Coral real estate market is quite intriguing these days.
As many have noticed, there are plenty of short sales and bank owned properties for sale in Cape Coral.
We get calls every day from buyers asking about short sales in Cape Coral. Some of these Cape Coral buyers have been reading a lot on the internet and some have spoken with many different real estate agents as well. Funny thing is, they are getting plenty of different answers about how short sales work. Some advice they get … (5 comments)
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cape coral short sales: Short Sales Should Not be GAMES - 02/10/08 08:41 AM
Last week I was out showing a buyer customer of mine some nice homes in a local waterfront gated community.
Most of the listings in this particular section of the community were listed as short sales. The short sale listings ranged from $280,000-400,000. Most were in the mid 300s.
None had recently sold. The ones that were not short sales were well over $400K.
When I called the listing agent with the least expensive unit to inquire about where they were at in the process he told me they were just waiting on an offer to submit to the bank. I asked … (17 comments)
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cape coral short sales: Cape Coral & Fort Myers Real Estate Market Continues to Change - 06/06/07 12:52 PM
As the Real Estate Market continues to change so do we!
The short of the story is that the buyers market is STRONG here. We are finding real estate deals for our customers that are close to amazing. I am now seeing prices back down to 2003-2004 values.
This is awesome news for: Investors First Time Homebuyers/Current Renters Retirees Those relocating to SW Florida Ok, let's just say ALL Buyers! We just created a new website to list pre foreclosures/short sales & rehabs in the area. We will send new properties out via email for all who join. … (4 comments)
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