reo: Short Sales Revisited - 09/24/08 02:17 PM
In response to another Realtor's request for assistance with short sales, I wrote the following note. I thought it might be helpful to anyone just starting short sale work.
1. The 1099 issue is a whole study in itself. Generally, if the owner is living in the house and has the … (0 comments)
reo: 302 NW 2nd Place, Cape Coral, Florida 33993 - 08/12/08 06:09 PM
$145,000 for a NEW 2347 sq ft home, Never Lived In !!!
Boomer Alert !!!!! Buy this home before you shovel another snowed-in driveway!
This 3 bedroom, 2 bath home sits in a quiet neighborhood just West of Santa Barbara Parkway and just North of Pine Island Road. Garage Door Openers, … (1 comments)
reo: Buckingham Model Homes for Sale followup 3/2 with Den - 07/20/08 09:00 PM
We have a followup to yesterdays listing announcement for these fine Buckingham Model homes in Cape Coral and Lehigh Acres Florida. These are the remaining homes and are subject to prior sale. All of the homes are NEVER LIVED-IN, 1785 sq ft with no pool unless otherwise noted. No appliances unless … (1 comments)
reo: Newly Listed REOs in Cape Coral and Lehigh Acres - $135,000 never lived in - 07/18/08 09:20 PM
My agency just listed a bunch of REOs (bank-owned properties) in Lehigh Acres and Cape Coral, Florida. This is just a sampling of one model, the Buckingham. Prices vary somewhat, but most are at $135,000. Most homes are NEW, never lived-in. I will not give an address because we have eight of them … (0 comments)
reo: 3317 23rd Street SW, Lehigh Acres, Florida REO - 05/19/08 06:59 PM
We have just listed a REO (bank-owned post-foreclosure). Ready to sell, no delays.
NEW, NEVER-LIVED-IN !!! On a nice East-West Street that connects to the major exits of I-75.
$117,200 for 1400 sq ft of living area and 1969 sq ft total area.
No way you can build a 1956 sq ft … (1 comments)
reo: 2208 NE 10th Avenue, Cape Coral, Florida - 05/17/08 11:37 AM
$135,000. For Sale.... Bank-Owned (REO) .... MUST SELL NOW!
Never-Lived In Home in Cape Coral, Florida. Went through Foreclosure and is now in a Must Sell mode with the bank that owns the home. Take Advantage of the bank's situation and Make An Offer! Due to the urgency of the Sale, … (5 comments)
reo: 4109 NE 15th Avenue, Cape Coral, Florida 33909 - 05/15/08 08:18 PM
$135,000. for this Never-Lived-In Builder Product Home, Bank-Owned Property (REO).
Cape Coral, Florida home...we have a similar Lehigh Acres home listed at this time.
Great Open Floor Plan, Vaulted Ceilings, Den
1808 sq ft under air ($75), 2591 total sq ft ($52)
This Cape coral Home is large and well … (0 comments)
reo: 334 NW 17th Terrace, Cape Coral, FL 33993 - 05/13/08 07:20 PM
Pre-Foreclosure Short sale. FOUR Bedrooms, THREE baths, POOL home
NEVER LIVED-IN!
$210,000. for 2800 square feet under air..... That's just $75/sq ft for a premium home!
Let's go after this home NOW before the bank gets it!We are in contact with the bank and we believe that they will … (4 comments)
reo: 3053 NW 3rd Avenue, Cape coral, Florida 33993 - 05/12/08 09:39 AM
Bank-Owned Property. NEW, Never-Lived In, REO.
$115,000. works out to just $81./sq ft of living space
This home has an optional Rear Screened lanai and 450 sq ft garage !!
Note that the total (living area plus garage plus covered lanai) square footage of this home as reported by the … (2 comments)
reo: 2924 NE 5th Place, Cape Coral, Florida - 05/10/08 09:09 AM
Ashford design by our largest local builder. $116,000. AS-IS.
This home is a bank repo, now owned by the bank. This is NOT a Short Sale. Quick Answers!!
Previously sold for $259,200 !!!
This bank-owned home is in the NorthEastern section of Cape Coral, near the Del prado Boulevard main N-S … (1 comments)
reo: Bank-Owned Home For sale (REO) Cape Coral Florida 2818 NW 24th Avenue - 05/08/08 02:57 PM
We have a new listing of a bank-owned home in Cape Coral, Florida. Priced at: $152,000. ($85/sq ft under air; $65/sq ft total) Located at: 2818 NW 24th Avenue, Cape coral, Florida This home is a Buckingham Model by First Homes. It has a den and has 1785 square feet under air conditioning. … (0 comments)
reo: Cape Coral Florida Golf Course Homes - 05/03/08 01:02 PM
As we begin the long recovery in real estate sales and prices, many real estate investors are coming back to test the waters. The primary motivation seems to be that they can buy inexpensive homes now, rent them at a small negative cash flow for three years and then turn the … (3 comments)
reo: Lee County Florida Real Estate today - 05/02/08 09:35 AM
The Lee County Real Estate Market is improving for some folks and getting worse for others. According to an article in the Business & Money section of the News-Press this morning, "Foreclosures hit new high". Foreclosure "actions" filed in Lee County in April spiked up sharply to a new high of 2160. By … (1 comments)
reo: Glut of Homes Shrinking in SW Florida - 04/30/08 10:10 AM
GOOD NEWS! The headline in today's business section jumps out to say that the Glut of (vacant) Homes in Lee and Collier Counties (Florida) is SHRINKING. Now I just wish that the headline was on page one of the main section, like all of the negative reporting has been, but I'll take … (0 comments)
reo: Clients with Short Sale or Foreclosure Real Estate - 04/20/08 01:50 PM
As a Realtor, I am often asked to "advise" a potential client on Short Sale or Foreclosure situations. since I am not an Attorney, I demure from giving advice, but I will refer people to attornies who are specialists in their field. I repeat, SPECIALISTS, because I find that even attornies … (2 comments)
reo: Cape coral Real Estate Market -Conflicting Messages - 04/19/08 07:27 AM
Reading the local papaer this morning, I saw two conflicting messages: First of all, a liquidation sale in a gated community resulted in a total sellout of 116 homes in just two weeks. Seventy percent were sold to homesteaders. So much for the idea that there are no buyers out there. This, … (0 comments)
reo: Reinvention is chicken soup for the soul !!! - 04/17/08 06:23 PM
To the lady in Poughkipsee who reinvented herself from the airline industry into real estate. Hoorah for you! That's a great story. As a "reinvented" veteran of the travel industry, I can relate to your story. Over twenty previous years in the hi-tech industry (with five different companies), my biggest customer was … (1 comments)
reo: Cape Coral Real Estate - over-priced? - 04/16/08 10:03 PM
I was setting up an itinerary for homes this evening. Buyers are a nice young couple from the East Coast, anxious to make a go of it in Cape coral. They have a definite price point in mind, so we are searching for the best value we can find at that … (2 comments)
reo: My Broker Got onboard with Lee County Florida REOs ! - 04/15/08 06:22 PM
What a happy day! My Broker made our first deal with REOs and we came up with an even dozen listings in the first shot. We can advertise these listings as individuals and of course we can sell them. This is an important step....I can see now that very few individuals are … (4 comments)
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In response to another Realtor's request for assistance with short sales, I wrote the following note. I thought it might be helpful to anyone just starting short sale work.
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