Tony Perez's Blog

What's Really Going on with Short Sales & REO's in Naples?

Tony Perez (Sandals Realty) — Thu, 10 Dec 2009 09:42:24 -0800

I've done some digging in the Naples Real Estate Market to try to find out what is really going on with Short Sales & REO's as it relates to the following questions.

Is there another wave coming through & if so when and how small or big will it be?
How many seller's are still in trouble or behind on their mortgage payment?

Here's what I found at the end of all the digging. First to clarify the process, an LP (Lis Pendens) is filled once your 3 mortgage payments behind then later an FJ (Final Judgment) which states when the bank is going to sell at public auction or become an REO which then a CT (Certificate of Title) will be issued. Now based on that info here's the numbers behind the questions I have.

Here's the number of Certificate of Titles issued in each year.

2006 had 87 CT
2007 had 677 CT
2008 had 2,388 CT
2009 has 2,613 CT not including this month

Now here's the Lis Pendens that have been filed in each year.

2006 had 1,246 LP
2007 had 4,078 LP
2008 had 8,793 LP
2009 has 8,540 LP not including this month

Here's what it all means, the pre-foreclosure process on average takes 18 months to foreclose and some up to 24 months so that means 2006 and 2007 LP's most likely became REO's in 2008 & 2009 based on the CT numbers. So that first wave that came through for the most part was only 2006 & 2007 LP's. So in 2010 we'll see most of 2008 LP's become REO's and 2011 will be 2009 LP's.

So get prepared now because there's another wave coming, either get on or get out of the way the next years are going to be whatever you make it. Goodluck & stay positive, hmmm... now where did i leave my surfboard at...

New Listings vs SOLD - Naples Market Report

Tony Perez (Sandals Realty) — Fri, 08 May 2009 22:58:54 -0700

We are finally under 10,000 active listings in Naples current total as of May 8th 2009 is 9,784 listings. What you might find interesting is how those listings break down.

81.5% of all listings are Regular Deals (though we know probably half of those listings are over priced)
16% of all listings are Potential Short Sales
2.5% are REO’s Bank Owned Properties (I thought that number would be higher)

I’m sure all of you have felt the market has changed for the better since March 2009 a lot of multiple offers going on out there making it harder to secure the deal. Here’s some stats that show just exactly what’s been going on since the beginning of 2009.

January had 4,131 new listings and 541 sold that’s 13%
February had 3,266 new listings and 625 sold that’s 19%
March had 3,705 new listings and 904 sold that’s 24%
April had 2,920 new listings and 970 sold that’s 33%

FYI- so far these first 8 days in May has shown no slow down currently 972 new listings and 299 sold that’s 31%

2nd FYI- To put the under 10,000 listings in perspective Naples was as high as 15,000 listings just over 18 months ago.

P.S. Keep doing what you have to do to get that next sale and Happy Mother’s Day to all MOMS!!!

Pending Sales Way UP in Naples...

Tony Perez (Sandals Realty) — Tue, 07 Apr 2009 22:47:11 -0700

Here's 2 bar graphs of Pending Sales in the last 12 months as well as Pending Sales per quarter over the last 4 years. As you can see over the past 3 months there has been an increase of 36% 26% & 37% respectively over the previous month in Pending Sales.

•· If you compare 1^st qtr 2009 to 1^st qtr 2008 we are up 59%

•· Compared to 1^st qtr 2007 we're up 64%

•· This quarters 3,600 Pending Sales are in between the Pending Sales of 2^nd & 3^rd qtr of 2005 when homes were selling like hotcakes.

Share this info and buyer's it's time to get off the fence or miss out on your oppurtunity to own property in beautiful SWFLA... Also based on last year's trend this 2^nd quarter 2009 will increase more than this 1^st quarter, possibly hitting over 4,000 pending sales so get out there and make sure you grab a piece of paradise.

Home for the Holidays...

Tony Perez (Sandals Realty) — Sun, 30 Nov 2008 11:31:20 -0800

FORECLOSURES

There could be new meaning to "home for the holidays." Gov. Crist said Monday he's considering a temporary freeze on housing foreclosures in Florida to provide some holiday relief from housing and financial turmoil.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n1-112508.cfm

DEVELOPERS

Saying they've been labeled "toxic" by lenders, Florida's home builders are upset over the way lending institutions are using the $700 billion bailout fund that Congress and President Bush approved in October. They say the money isn't being passed along to the slumping construction industry.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n4-112508.cfm

Today's Real Estate Market

Tony Perez (Sandals Realty) — Mon, 10 Nov 2008 14:19:43 -0800

REAL ESTATE ECONOMY

"October was the height of the economic crisis, and the shock factor for consumers has not yet been fully reflected in home sales," NAR Chief Economist Lawrence Yun said on Friday at NAR's convention in Orlando. But Yun notes that some of the hardest-hit areas of the country, including Florida, show "consistent, solid gains" in pending home sales.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n2-111008.cfm

BUYERS & SELLERS

NAR released its latest consumer survey of home buyers and sellers. A key finding: First-time buyers have risen in market share, and they plan to own their homes longer than buyers in the past.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n4-111008.cfm

Golden Gate Estates: Short Sales & Bank Owned Homes

Tony Perez (Sandals Realty) — Thu, 23 Oct 2008 22:52:40 -0700

Below are my answers to questions from Laura Layden reporter for The Naples Daily News that she asked me about the Golden Gate Estates real estate market. Article will appear in the paper at a later date which i'll pass on to you when i know it's available.

•1. Foreclosure judgments i feel are affecting sales positively because thus far in the last 12 months there has been a total of 1,993 single family homes sold in Naples, 349 of them have been in Golden Gate Estates that's 17.5% of all sales in Naples. Of the 349 homes sold in the Estates 48% of them are in the $100,000 to $199,999 range.

•2. Primarily most sales have been Bank Owned Foreclosures/Real Estate Owned (REO's) or regular deals where the seller has owned the home for a five or more years and is in good position to sell because they didn't take out equity in their home during that time. Some Short Sales have been selling but not as much as Bank Owned Foreclosures because the time frame to close Short Sales is much longer. I have notice though in the last couple months banks are working quicker on Short Sales and are starting to close them. In fact I'm part of a Short Sale Team at VIP Realty Group, INC. in which we're positioning ourselves to close more and more of these potential Short Sales.

•3. For the 3^rd quarter of 2008 the median price in the Estates is at $160,000. In the 3^rd quarter of 2007 it was $333,500 and $370,000 in 2006. Median price means half of the homes sold for more than that price and the other half sold for less than that price.

•4. The reason there's so many foreclosures in the Estates is because during the boom years that was the last area of affordable Single Family Homes in Naples, matter of fact I was getting buyers that were squeezed out of Miami and into Golden Gate Estate homes. Those that couldn't get a home in the Estates decided to relocate to Cape Coral & Lehigh Acres where currently there's high foreclosure rates as well.

•5. The Estates currently have 1,068 homes for sale and new listings have been up and down all year long but in the last 3 months have been trending down. Compared to July 2008 new listings are down 23% and compared to October 2007 listings are down 12%. All great signs for the Estates and here's why if you compare September 2008 to the same time a year ago Pending Sales are up 500% from 14 pending to 84 pending, Closed sales are up 185% from 14 sales to 43 closed sales and the Median Price has dropped 42% from $275,000 to $160,000.

Again all great signs showing now's the time to buy...

Part 2: Naples Home Sales Report Last 12 Months

Tony Perez (Sandals Realty) — Sat, 11 Oct 2008 21:09:40 -0700

Fellow Realtors,

I had some additional questions so I dug further and this is what I found...

Question 1- What is the breakdown of the type of homes sold during the last 12 months?

· 45% were Single Family Homes

· 43% were Condos (low, mid & high rise)

· 10.5% were Attached & Detached Villas

· 1.5% were Manufactured

Question 2- What's the breakdown of the type of homes sold within the range of $150K to $399K?

· 42% were Single Family Homes

· 45% were Condos (low, mid & high rise)

· 13% were Attached & Detached Villas

Question 3- How do these closed sales in the last 12 months compare to sales 24 months & 36 months ago?

· Compared to 24 months ago we are UP 10% (4,384 closed sales to 3,981 closed sales)

· Compared to 36 months ago we are down 14% (4,384 closed sales from 5,096 closed sales)

· Average the 2 cycles, the downturn 24 months ago and the boom 36 months ago and you get 4,538 avg. closed sales compared to the last 12 months we're only down 3.4%

· This shows us the sales are there we of course have to work twice as hard for them to get the same amount of income because the median price has dropped about 40% but hey at least the sales transactions are there you just got to go in there and get some.

Naples Home Sales Report Last 12 Months

Tony Perez (Sandals Realty) — Fri, 10 Oct 2008 20:30:53 -0700

Hello fellow Realtors, I was doing some real estate homework and thought I'd pass on this info to the rest of you. You can use it to narrow down price range to market to or even price range of which homes to do an Open House in.

•· In Naples last 12 months 4,384 homes sold 10,268 homes currently active

•· 68% of sold homes are in the $100K to $499K

•· Narrowed down further 50% of sold homes are in the $150K to $399K

•· The top 2 selling price ranges are $200K to $249K and $300K to $399K accounting for 27% of all sold homes

Out of the 4,384 homes sold 47% were cash transactions, 45% were conventional, 4% FHA and 4% other/owner/VA

Last 12 Months Residential Home Sales Report in Naples

Price Class	2 Beds or less	3 Beds	4 Beds	5 Beds	6 Beds or more	Total Units	Active / Active w/Contract
$0 - $49,999	18	3	0	0	0	21	30
$50,000 - $99,999	68	29	3	2	0	102	395
$100,000 - $149,999	252	126	17	0	0	395	943
$150,000 - $199,999	281	236	23	0	0	540	1,253
$200,000 - $249,999	306	260	32	0	1	599	1,062
$250,000 - $299,999	194	240	34	0	0	468	1,112
$300,000 - $399,999	179	339	61	11	1	591	1,324
$400,000 - $499,999	108	202	60	3	1	374	882
$500,000 - $599,999	65	138	42	5	0	250	651
$600,000 - $699,999	42	104	27	4	0	177	487
$700,000 - $799,999	26	59	30	9	0	124	349
$800,000 - $899,999	10	62	14	3	1	90	303
$900,000 - $999,999	15	51	10	5	1	82	235
$1,000,000 - $1,999,999	38	205	80	17	1	341	930
$2,000,000 - $2,999,999	5	58	58	5	2	128	345
$3,000,000 - $3,999,999	1	9	23	7	2	42	140
$4,000,000 - $4,999,999	0	3	14	3	3	23	72
$5,000,000 - $5,999,999	0	0	11	10	1	22	48
$6,000,000 - $6,999,999	1	0	5	1	1	8	27
$7,000,000 - $7,999,999	0	0	2	2	0	4	20
$8,000,000 - $8,999,999	0	0	1	0	0	1	8
$9,000,000 - $9,999,999	0	0	0	0	0	0	4
$10,000,000 or more	0	0	0	2	0	2	19
Totals	1,609	2,124	547	89	15	4,384	10,639
Average Price	$305,516	$537,516	$1,214,773	$2,213,549	$2,712,666	$578,351

DOM	# Sold

1-30 Days	299
31-60 Days	495
61-90 Days	590
91-120 Days	510
121 Days or More	2,490

Type of Financing	# Sold

Assumption	0
Cash	2,037
Conventional	1,987
FHA	190
Other	126
Owner	36
VA	8

P.S. Hope you can all use the info and have a great weekend, Tony...

Tony Perez

VIP Realty Group, INC.

239-850-1168 (Direct)

239-437-7512 (Fax)

My Real Estate Blog

www.TonyPerez.VIPrealty.com

Bank Owned Foreclosure: Steal of the Week

Tony Perez (Sandals Realty) — Thu, 09 Oct 2008 22:13:03 -0700

This property information distributed by: Tony Perez

VIP Realty Group, Inc. Office Phone: 239-403-7777 Agent Phone: 239-850-1168 Fax: 239-437-7512 Email: tperez@viprealty.com

General Property Information

Address:	9907 SPRING LAKE CIRCLE	ML#:	208038458
	ESTERO, Florida 33928	Status:	A-Active
		(GEO) Area:	ES02
County:	Lee	Furnished:	Unfurnished
Property ID:	34-46-25-10-00000.0970	Subdivision:	LAKES OF ESTERO
Subdivision #:		Development:	LAKES OF ESTERO
Legal Unit:		Sec/Town/Rng:	34/46/25
Block/Bldg:		Condo Fee:	$0
Lot:	97	Master HOA:	$220 Monthly
Tax Year:	2007	HOA Fee:	$0
Total Tax Bill:	$4,987	Price/SqFt:	$80.94
Special Assess.:	$0
Tax Description:	County Only
Legal:	LAKES OF ESTERO PB 72 PGS 78-83 LOT 97
Virtual Tour URL:
List Broker:	Prudential Florida Realty

List Price: $259,000

1 2 3 4 5 6 7 8

Detailed Property Information

	Remarks by Listing Agent:
	BANK OWNED!! Skip the short sale hassle! *1.5 MILE FROM THE NEW COCONUT POINT MALLBEAUTIFUL TWO STORY HOME IN AN OUTSTANDING LOCATION!! LAKES OF ESTERO OFFERS IT ALL. CLOSE TO MIROMAR OUTLETS, THE NEW COCONUT POINT MALL, GULF COAST TOWN CENTER AND FLORIDA GULF COAST UNIVERSITY. THIS HOME BOASTS A HUGE MASTER BEDROOM WITH HIS AND HER BATHROOMS, 5 BEDROOMS WITH A LOFT, OVERSIZED 2 CAR GARAGE AND ONE OF THE ONLY LOTS IN LAKES OF ESTERO THAT CAN ACCOMIDATE A POOL. *******AGENTS PLEASE CAREFULLY READ ALL CONFIDENTIAL COMMENTS, ALL OFFERS MUST BE ACCOMPANIED BY PROOF OF FUNDS OR A PRE-APPROVAL THROUGH WELLS FARGO HOME MORTGAGE***********

Building Desc:	2 Story	Building #:		Elevator:	None
Ownership Desc:	Single Family	Community Type:	Other, Tennis	Rear Exp.:	E
Building Design:	Single Family	Builder Product:	No	Year Built:	2005

Bedrooms:

5+Den

Unit Floor:

Approx. Living Area:

3,200

Full Baths:

Half Baths:

Total Floors:

Approx. Total Area:

3,678

	Garage Spaces:	2 - Attached	Units in Building:		Cable:	Yes
	Carport Spaces:	-	Units in Complex:

Parking:		Lot Desc.:	Zero Lot Line
Private Pool:	No -	Approx. Lot Size:	80X120X80X120
Private Spa:	No -	Guest House:
Acres:	0.25	Guest House L.A.:
Security:	Alarm Monitored	Construction:	Concrete Block, Stucco
Waterfront Desc.:	None	Roof:	Tile
Boat Access:	None	Flooring:	Carpet, Ceramic Tile
View:	Landscaped Area	Cool:	Central Electric
Bedroom:	Master BR Upstairs	Heat:	Central Electric
Dining:	Dining - Living	Water:	Central
Kitchen:		Sewer:	Central
Master Bath:	2 Masters	Irrigation:	City
Rooms:	Loft, Laundry Room in Garage, Balcony	Restrictions:	Deeded
Windows:	Single Hung	Pets:	No Approval Needed

	Interior Features:	Cathedral Ceiling, Cable Prewire, Foyer, Laundry Tub, Multi Phone Lines, Pantry, Smoke Detectors, Volume Ceiling
	Exterior Features:	Room for Pool
	Equipment:	Microwave, Range, Refrigerator
	Amenities:	BBQ - Picnic, Business Center, Clubhouse, Community Pool, Exercise Room, Remarks
	Maintenance:	Cable, Lawn/Land Maint, Pest Control Exterior, Rec Facilities

Living Rm:	Great Rm:	Dining Rm:	Kitchen:	Family Rm:
Master BR:	2nd BR:	3rd BR:	4th BR:	5th BR:
Den:	Lanai:	Utility Rm:	Garage:	Ceil Fans:

Market Report for Naples Single Family Homes

Tony Perez (Sandals Realty) — Thu, 09 Oct 2008 09:39:51 -0700

Below is the market report for Naples Single Family Homes and as you can see by the charts below new listings are down 3% which helps lower supply. Sold listings are still trending up ever so slightly this month and the median prices of those sold are up 2% to $259,000. Median price means half of the homes sold for more than $259,000 and the other half sold for less than that price. Another great sign was that pending sales are up 16% and with new listings down that means slowly but surely we're starting to go through the high inventory of homes on the market.

Market Report Golden Gate Estates

Tony Perez (Sandals Realty) — Fri, 03 Oct 2008 12:39:09 -0700

New listings continue to drop while pending sales continue to rise up 25% from last month. Though closed sales were down i do expect them to be up next month with more homes currently under contract. The median price was also up slightly to $166,250 which means half of all the homes sold in September sold for more and half sold for less than $166,250.

Buy Your Own House Like A Short Sale.

Tony Perez (Sandals Realty) — Fri, 03 Oct 2008 11:54:40 -0700

SUBPRIME MORTGAGES

A new program rolled out by HUD yesterday could help more homeowners avoid foreclosure. Under the program, the lender of an existing subprime mortgage forgives part of the debt as if it's a short sale, and the balance is rolled into a fixed-rate FHA mortgage.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n1-100208.cfm

"They won't help you if you don't ask so take the time to call your bank and see what if anything they can do, you just might be surprised". Tony Perez

FLORIDA REAL ESTATE

Sagging property values and soaring mortgage payments triggered in part by adjustable interest rates and increasing taxes have impacted Florida's housing sector long before the debate over a federal bailout of U.S. financial institutions. The state experienced a homebuilding boom earlier this decade, according to UF professor and research economist David Denslow. "The homeownership rate here goes up from 66 percent to 72 percent between 2000 and 2006 - that's a huge change," he says.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n2-100208.cfm

$55,000 Ft. Myers 2 Bed 2 Bath Condo

Tony Perez (Sandals Realty) — Mon, 22 Sep 2008 21:14:08 -0700

This property information distributed by: Tony Perez

VIP Realty Group, Inc. Office Phone: 239-403-7777 Agent Phone: 239-850-1168 Fax: 239-437-7512 Email: tperez@viprealty.com

General Property Information

Address:	12670 EQUESTRIAN CIR #2207	ML#:	208034583
	FORT MYERS, Florida 33907	Status:	A-Active
		(GEO) Area:	FM07
County:	Lee	Furnished:	Unfurnished
Property ID:	14-45-24-51-00022.2207	Subdivision:	VENETIAN PALMS
Subdivision #:		Development:	VENETIAN PALMS
Legal Unit:		Sec/Town/Rng:	14/45/24
Block/Bldg:	22	Condo Fee:	$267 Monthly
Lot:	2207	Master HOA:	$0
Tax Year:	2007	HOA Fee:	$0
Total Tax Bill:	$2,352	Price/SqFt:	$49.86
Special Assess.:	$0
Tax Description:	County Only
Legal:	VENETIAN PALMS DESC IN INST#2006-27321 BLDG 22 UNIT 2207
Virtual Tour URL:	http://intouchtours.com/listing.asp?nobiz=1&idx=20750
List Broker:	VIP Realty Group, Inc.

List Price: $55,000

1 2 3 4 5 6 7 8

Detailed Property Information

	Property Information:
	Investor opportunity with tenant in place as of April 1, 2008. 100% Financing available to qualified buyers with as low as a 600 credit score. Venetian Palms is a Mediterranean resort style community located in the heart of Ft. Myers. This is a must see 2 bedroom, 2 bath condominium with a great lake view. Amenities include 2 swimming pools, 24 hour cardio center, heated whirlpool, private tennis courts & more. Great location off of Brantley Rd is close to everything shopping, Olde Ft. Myers and only minutes away from the Gulf of Mexico. Venetian Palms Condo fees include onsite management, master insurance, individual water & sewer, common water/sewer landscape, common grounds upkeep, exterior maintenance & pest control, trash removal, waste disposal, amenities. Fees only $267.00 per month. Don't wait and make this your condo today!!

Building Desc:	2 Story	Building #:		Elevator:	None
Ownership Desc:	Condo	Community Type:	Other	Rear Exp.:	W
Building Design:	Low Rise (1-3 Floors)	Builder Product:	No	Year Built:	1991

Bedrooms:

2 Bed

Unit Floor:

Approx. Living Area:

1,103

Full Baths:

Half Baths:

Total Floors:

Approx. Total Area:

1,103

	Garage Spaces:	0 -	Units in Building:		Cable:	Yes
	Carport Spaces:	0 -	Units in Complex:

Parking:	2+ Spaces, Covered	Lot Desc.:	Zero Lot Line
Private Pool:	No -	Approx. Lot Size:	0X0X0X0
Private Spa:	No -	Guest House:
Acres:	0.00	Guest House L.A.:
Security:	Security Guard, Patrolled	Construction:	Concrete Block, Stucco
Waterfront Desc.:	Lake	Roof:	Tile
Boat Access:	None	Flooring:	Carpet, Vinyl
View:	Lake	Cool:	Central Electric
Bedroom:		Heat:	Central Electric
Dining:	Dining - Living	Water:	Central
Kitchen:		Sewer:	Central
Master Bath:	Other	Irrigation:	Lake
Rooms:	Screened Lanai/Porch	Restrictions:	Remarks
Windows:	Single Hung	Pets:	Limits

	Interior Features:	Cable Prewire, Smoke Detectors
	Exterior Features:	Patio
	Equipment:	Range, Refrigerator, Smoke Detector
	Amenities:	BBQ - Picnic, Clubhouse, Common Laundry, Community Pool, Exercise Room, Play Area, Tennis Court, Volleyball
	Maintenance:	Irrigation Water, Lawn/Land Maint, Manager, Pest Control Exterior, Insurance, Trash Removal, Water, Sewer, Street Maintenance

Living Rm:	Great Rm:	Dining Rm:	Kitchen:	Family Rm:
Master BR:	2nd BR:	3rd BR:	4th BR:	5th BR:
Den:	Lanai:	Utility Rm:	Garage:	Ceil Fans:

Another Bailout but What About the Homeowners...

Tony Perez (Sandals Realty) — Mon, 22 Sep 2008 21:09:14 -0700

Slippery when wet i'm very interested to see just what kind of details come forth on this proposal. So far everything i hear helps out the banks and lenders but i'm not really hearing anything about reworking loans for troubled homeowners to help them stay in their homes. We'll see where it goes by the end of the week but if there's nothing helping the homeowner i see this as another short term fix.

HOME PRICES

Experts say that the government's enormous plan to relieve Wall Street banks of their bad investments has a decent chance of stabilizing home prices, at least in theory. By buying troubled mortgage debt from major banks under the bailout plan, the government can help make more money available to borrowers - and hopefully at lower interest rates.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n3-092208.cfm

FEDERAL AID

The Bush administration asked Congress on Saturday for the power to buy $700 billion in toxic assets clogging the financial system and threatening the economy. It's a lot of money tucked into a three-page bill, and a Democratic effort to include homeowner protections may be added.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n1-092208.cfm

San Carlos Park Home $179,777

Tony Perez (Sandals Realty) — Mon, 22 Sep 2008 20:58:24 -0700

This property information distributed by: Tony Perez

VIP Realty Group, Inc. Office Phone: 239-403-7777 Agent Phone: 239-850-1168 Fax: 239-437-7512 Email: tperez@viprealty.com

General Property Information

Address:	17417 BRADDOCK RD	ML#:	208033518
	FORT MYERS, Florida 33912-2968	Status:	A-Active
		(GEO) Area:	FM14
County:	Lee	Furnished:	Unfurnished
Property ID:	09-46-25-02-00167.0140	Subdivision:	SAN CARLOS PARK
Subdivision #:		Development:	SAN CARLOS PARK
Legal Unit:	13	Sec/Town/Rng:	9/46/25
Block/Bldg:	167	Condo Fee:	$0
Lot:	14	Master HOA:	$0
Tax Year:	2007	HOA Fee:	$0
Total Tax Bill:	$3,443	Price/SqFt:	$105.75
Special Assess.:	$0
Tax Description:	County Only, Homestead
Legal:	SAN CARLOS PARK UNIT 13 BLK 167 OR 9 PG 201 LOTS 14 + 15
Virtual Tour URL:
List Broker:	VIP Realty Group, Inc.

List Price: $179,777

Detailed Property Information

	Property Information:
	Great value in this home but you must see the inside. 20" ceramic tile throughout living areas including both bedrooms and walk-in California Closets. Master bedroom and the bath has 20" stone & wood floors, walk-in stone shower and dual sinks with granite counter tops. Upgraded lighting, 8 ceiling fans, upgraded 6 panel doors and bronze door handles throughout. Plantation shutters in living rooms, stone fireplace in family room, stainless steel & black appliances in kitchen with corian counter tops, reverse osmosis, security system amd much more. Don't just drive by --this is a must see , so make an appointment today. Potential short sale.

Building Desc:	Split Bedrooms	Building #:		Elevator:	None
Ownership Desc:	Single Family	Community Type:	Other	Rear Exp.:	E
Building Design:	Single Family	Builder Product:	No	Year Built:	1987

Bedrooms:

3 Bed

Unit Floor:

Approx. Living Area:

1,700

Full Baths:

Half Baths:

Total Floors:

Approx. Total Area:

2,581

	Garage Spaces:	2 - Attached	Units in Building:		Cable:	Yes
	Carport Spaces:	-	Units in Complex:

Parking:	2+ Spaces	Lot Desc.:	Oversize
Private Pool:	No -	Approx. Lot Size:	100X120X100X120
Private Spa:	No -	Guest House:
Acres:	0.28	Guest House L.A.:
Security:	Alarm Monitored	Construction:	Concrete Block, Stucco
Waterfront Desc.:	None	Roof:	Shingle
Boat Access:	None	Flooring:	Ceramic Tile, Wood
View:	Landscaped Area	Cool:	Ceiling Fans, Central Electric
Bedroom:	Split Bedrooms	Heat:	Central Electric
Dining:	Breakfast Bar, Dining - Living	Water:	Well
Kitchen:	Pantry	Sewer:	Septic
Master Bath:	Dual Sinks, Shower Only	Irrigation:	None
Rooms:	Family Room, Screened Lanai/Porch, Laundry Room in Residence, Workshop	Restrictions:	None
Windows:	Jalousie	Pets:	No Approval Needed

	Interior Features:	Vaulted Ceiling, Cable Prewire, Foyer, Laundry Tub, Smoke Detectors, Walk-In Closet
	Exterior Features:	Fence, Storage
	Equipment:	Auto Garage Door, Cooktop, Dishwasher, Dryer, Microwave, Security System, Smoke Detector, Washer, Refrigerator/Icemaker
	Amenities:	None
	Maintenance:	None

Living Rm:	Great Rm:	Dining Rm:	Kitchen:	Family Rm:
Master BR:	2nd BR:	3rd BR:	4th BR:	5th BR:
Den:	Lanai:	Utility Rm:	Garage:	Ceil Fans:	8

3 Bed + Den 2 Bath 2 Car Garage $129,777

Tony Perez (Sandals Realty) — Mon, 22 Sep 2008 20:54:58 -0700

This property information distributed by: Tony Perez

VIP Realty Group, Inc. Office Phone: 239-403-7777 Agent Phone: 239-850-1168 Fax: 239-437-7512 Email: tperez@viprealty.com

General Property Information

Address:	1404 NW 4TH ST	ML#:	208033230
	CAPE CORAL, Florida 33993	Status:	A-Active
		(GEO) Area:	CC45
County:	Lee	Furnished:	Unfurnished
Property ID:	10-44-23-C4-03672.0350	Subdivision:	CAPE CORAL
Subdivision #:		Development:	CAPE CORAL
Legal Unit:	48	Sec/Town/Rng:	10/44/23
Block/Bldg:	3672	Condo Fee:	$0
Lot:	35	Master HOA:	$0
Tax Year:	2007	HOA Fee:	$0
Total Tax Bill:	$4,235	Price/SqFt:	$58.04
Special Assess.:	$0
Tax Description:	County Only
Legal:	CAPE CORAL UNIT 48 BLK 3672 PB 17 PG 142 LOTS 35 + 36
Virtual Tour URL:	http://intouchtours.com/listing.asp?nobiz=1&idx=18375
List Broker:	VIP Realty Group, Inc.

List Price: $129,777

1 2 3 4 5 6 7 8

Detailed Property Information

	Property Information:
	Owner must sell! Relocating! Great NW location close to schools and shopping. 3 bed plus den that can be used as a 4th bedroom. Large kitchen with 2 pantrys and an island, large 12 x 24 screened lanai. Formal living, formal dining and separate family room. Arched doorways and vaulted ceilings throughout living area. 100% financing available to qualified buyers. Short Sale subject to bank approval.

Building Desc:	Split Bedrooms	Building #:		Elevator:	None
Ownership Desc:	Single Family	Community Type:	Other	Rear Exp.:	S
Building Design:	Single Family	Builder Product:	No	Year Built:	2006

Bedrooms:

3+Den

Unit Floor:

Approx. Living Area:

2,236

Full Baths:

Half Baths:

Total Floors:

Approx. Total Area:

3,000

	Garage Spaces:	2 - Attached	Units in Building:		Cable:	Yes
	Carport Spaces:	-	Units in Complex:

Parking:	Remarks	Lot Desc.:	Regular
Private Pool:	No -	Approx. Lot Size:	80X125X80X125
Private Spa:	No -	Guest House:
Acres:	0.25	Guest House L.A.:
Security:	None	Construction:	Stucco
Waterfront Desc.:	None	Roof:	Shingle
Boat Access:	None	Flooring:	Carpet
View:	Other	Cool:	Ceiling Fans, Central Electric
Bedroom:		Heat:	Central Electric
Dining:	Formal	Water:	Well
Kitchen:	Island	Sewer:	Septic
Master Bath:	Separate Tub And Shower	Irrigation:	Well
Rooms:	Loft, Media Room, Open Lanai/Porch, Remarks, Recreation, Screened Lanai/Porch, Laundry Room in Residence, Screened Balcony	Restrictions:	None
Windows:	Single Hung	Pets:	No Approval Needed

	Interior Features:	Cathedral Ceiling, Cable Prewire, Pantry, Smoke Detectors, Walk-In Closet
	Exterior Features:	Room for Pool, Shutters Manual
	Equipment:	Auto Garage Door, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Smoke Detector, Washer, Refrigerator/Icemaker
	Amenities:	None
	Maintenance:	None

Living Rm:	Great Rm:	Dining Rm:	Kitchen:	Family Rm:
Master BR:	2nd BR:	3rd BR:	4th BR:	5th BR:
Den:	Lanai:	Utility Rm:	Garage:	Ceil Fans:

Only 3 Miles to the Beach 2 Bed 2 Bath Condo in Naples

Tony Perez (Sandals Realty) — Mon, 22 Sep 2008 20:52:21 -0700

This property information distributed by: Tony Perez

VIP Realty Group, Inc. Office Phone: 239-403-7777 Agent Phone: 239-850-1168 Fax: 239-437-7512 Email: tperez@viprealty.com

General Property Information

Address:	161 WADING BIRD CIR #202	ML#:	208032864
	NAPLES, Florida 34110-9217	Status:	A-Active
		(GEO) Area:	NA11
County:	Collier	Furnished:	Unfurnished
Property ID:	67958752566	Subdivision:	PIPERS POINTE
Subdivision #:	567400	Development:	PALM RIVER
Legal Unit:		Sec/Town/Rng:	23/48/25
Block/Bldg:	L	Condo Fee:	$0
Lot:	202	Master HOA:	$858 Quarterly
Tax Year:	2007	HOA Fee:	$0
Total Tax Bill:	$1,875	Price/SqFt:	$116.95
Special Assess.:	$0
Tax Description:	County Only
Legal:	PIPER'S POINTE A CONDOMINIUM L-202
Virtual Tour URL:
List Broker:	VIP Realty Group, Inc.

List Price: $115,777

1 2 3 4 5

Detailed Property Information

	Property Information:
	Great location in Palm River only 3 miles to the beach. Potential short sale handled by Forclosure Solutions to negotiate with bank for faster turn around time. All serious offers considered. Excellent seasonal rental potential. Call now!

Building Desc:		Building #:		Elevator:	None
Ownership Desc:	Condo	Community Type:	Other	Rear Exp.:	N
Building Design:	Low Rise (1-3 Floors)	Builder Product:	No	Year Built:	1992

Bedrooms:

2 Bed

Unit Floor:

Approx. Living Area:

990

Full Baths:

Half Baths:

Total Floors:

Approx. Total Area:

1,170

	Garage Spaces:	0 -	Units in Building:		Cable:	Yes
	Carport Spaces:	1 - Attached	Units in Complex:

Parking:	1 Assigned, Covered	Lot Desc.:	Zero Lot Line
Private Pool:	No -	Approx. Lot Size:	0X0X0X0
Private Spa:	No -	Guest House:
Acres:	0.00	Guest House L.A.:
Security:	None	Construction:	Concrete Block
Waterfront Desc.:	Lake	Roof:	Shingle
Boat Access:	None	Flooring:	Carpet, Vinyl
View:	Lake, Landscaped Area	Cool:	Ceiling Fans, Central Electric
Bedroom:		Heat:	Central Electric
Dining:	Breakfast Bar	Water:	Central
Kitchen:		Sewer:	Central
Master Bath:	Shower Only	Irrigation:	None
Rooms:	Screened Lanai/Porch, Laundry Room in Residence	Restrictions:	Deeded
Windows:	Double Hung	Pets:	With Approval

	Interior Features:	Volume Ceiling
	Exterior Features:	None
	Equipment:	Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer
	Amenities:	BBQ - Picnic, Community Pool
	Maintenance:	Legal/Accounting, Irrigation Water, Lawn/Land Maint, Pest Control Exterior, Insurance, Rec Facilities, Repairs, Trash Removal, Water, Sewer

Living Rm:	Great Rm:	Dining Rm:	Kitchen:	Family Rm:
Master BR:	2nd BR:	3rd BR:	4th BR:	5th BR:
Den:	Lanai:	Utility Rm:	Garage:	Ceil Fans:

3 Bed + Loft 2.5 Bath 2 Car Garage $149,000

Tony Perez (Sandals Realty) — Mon, 22 Sep 2008 20:48:59 -0700

This property information distributed by: Tony Perez

VIP Realty Group, Inc. Office Phone: 239-403-7777 Agent Phone: 239-850-1168 Fax: 239-437-7512 Email: tperez@viprealty.com

General Property Information

Address:	506 NW 1ST TER	ML#:	208028396
	CAPE CORAL, Florida 33993	Status:	A-Active
		(GEO) Area:	CC42
County:	Lee	Furnished:	Unfurnished
Property ID:	11-44-23-C4-02582.0100	Subdivision:	CAPE CORAL
Subdivision #:		Development:	CAPE CORAL
Legal Unit:	37	Sec/Town/Rng:	11/44/23
Block/Bldg:	2582	Condo Fee:	$0
Lot:	10	Master HOA:	$0
Tax Year:	2007	HOA Fee:	$0
Total Tax Bill:	$3,953	Price/SqFt:	$67.03
Special Assess.:	$0
Tax Description:	City And County
Legal:	CAPE CORAL UNIT 37 BLK 2582 PB 17 PG 16 LOTS 10 + 11
Virtual Tour URL:
List Broker:	VIP Realty Group, Inc.

List Price: $149,000

Detailed Property Information

	Property Information:
	Great 2 story home with room for a large family. Bank waiting for offers to approve this short sale.

Building Desc:	2 Story	Building #:		Elevator:	None
Ownership Desc:	Single Family	Community Type:	Other	Rear Exp.:	SW
Building Design:	Single Family	Builder Product:	No	Year Built:	2006

Bedrooms:

3+Den

Unit Floor:

Approx. Living Area:

2,223

Full Baths:

Half Baths:

Total Floors:

Approx. Total Area:

2,848

	Garage Spaces:	2 - Attached	Units in Building:		Cable:	Yes
	Carport Spaces:	-	Units in Complex:

Parking:	2+ Spaces	Lot Desc.:	City
Private Pool:	No -	Approx. Lot Size:	80X125X80X125
Private Spa:	No -	Guest House:
Acres:	0.25	Guest House L.A.:
Security:	Alarm Unmonitored	Construction:	Concrete Block, Stucco, Vinyl Siding, Wood Frame
Waterfront Desc.:	None	Roof:	Shingle
Boat Access:	None	Flooring:	Carpet, Vinyl
View:	Landscaped Area	Cool:	Central Electric
Bedroom:		Heat:	Central Electric
Dining:	Breakfast Room, Formal	Water:	Well
Kitchen:	Island, Walk-In Pantry	Sewer:	Septic
Master Bath:	Separate Tub And Shower	Irrigation:	None
Rooms:	Den - Study, Family Room, Loft, Open Lanai/Porch, Laundry Room in Residence	Restrictions:	None
Windows:	Arched, Single Hung	Pets:	No Approval Needed

	Interior Features:	Cable Prewire, Pantry, Smoke Detectors, Walk-In Closet
	Exterior Features:	Patio, Shutters Manual
	Equipment:	Auto Garage Door, Washer / Dryer Hook Up
	Amenities:	Streetlight
	Maintenance:	None

Living Rm:	Great Rm:	Dining Rm:	Kitchen:	Family Rm:
Master BR:	2nd BR:	3rd BR:	4th BR:	5th BR:
Den:	Lanai:	Utility Rm:	Garage:	Ceil Fans:

3 Bed 2.5 Bath 1 Car Garage $99,900

Tony Perez (Sandals Realty) — Mon, 22 Sep 2008 20:42:39 -0700

This property information distributed by: Tony Perez

VIP Realty Group, Inc. Office Phone: 239-403-7777 Agent Phone: 239-850-1168 Fax: 239-437-7512 Email: tperez@viprealty.com

General Property Information

Address:	3637 PINE OAK CIR #101	ML#:	208018949
	FORT MYERS, Florida 33916-7467	Status:	A-Active
		(GEO) Area:	FM04
County:	Lee	Furnished:	Unfurnished
Property ID:	31-44-25-P1-01019.1010	Subdivision:	FOREST LAKES
Subdivision #:		Development:	FOREST LAKES
Legal Unit:		Sec/Town/Rng:	31/44/25
Block/Bldg:	1019	Condo Fee:	$0
Lot:	101	Master HOA:	$263 Monthly
Tax Year:	2007	HOA Fee:	$0
Total Tax Bill:	$4,043	Price/SqFt:	$67.14
Special Assess.:	$0
Tax Description:	City And County
Legal:	FOREST LAKE TOWNHOMES COMPLEX OR 4585 PG 2971 PH 24 BLDG 19 UNIT 101
Virtual Tour URL:
List Broker:	VIP Realty Group, Inc.

List Price: $99,777

1 2 3 4 5 6 7 8

Detailed Property Information

	Property Information:
	Look no further, at this price you have instant equity property being sold as a "Short Sale" subject to bank approval. Beautiful end unit townhome with 20" diagonal tile throughout downstairs and berber carpet upstairs. Antique white kitchen and bathroom cabinets. 26' x 15' fenced in private backyard with 11' x 14' concrete patio. Property being sold "as-is" with right to inspect.

Building Desc:		Building #:		Elevator:	None
Ownership Desc:	Single Family	Community Type:	Gated	Rear Exp.:	W
Building Design:	Low Rise (1-3 Floors)	Builder Product:	No	Year Built:	2005

Bedrooms:

3 Bed

Unit Floor:

Approx. Living Area:

1,486

Full Baths:

Half Baths:

Total Floors:

Approx. Total Area:

1,870

	Garage Spaces:	1 - Attached	Units in Building:		Cable:	Yes
	Carport Spaces:	-	Units in Complex:

Parking:		Lot Desc.:	Oversize
Private Pool:	No -	Approx. Lot Size:	0X0X0X0
Private Spa:	No -	Guest House:
Acres:	0.00	Guest House L.A.:
Security:	Alarm Unmonitored, Gated	Construction:	Concrete Block
Waterfront Desc.:	None	Roof:	Shingle
Boat Access:	None	Flooring:	Carpet, Ceramic Tile
View:	Landscaped Area, Pool/Club	Cool:	Central Electric
Bedroom:	Master BR Ground, Split Bedrooms	Heat:	Central Electric
Dining:	Dining - Living, Eat-in Kitchen	Water:	Central
Kitchen:	Pantry	Sewer:	Central
Master Bath:	Shower Only	Irrigation:	City
Rooms:	Open Lanai/Porch, Laundry Room in Garage	Restrictions:	Deeded
Windows:	Single Hung	Pets:	Limits

	Interior Features:	Cathedral Ceiling, Cable Prewire, Foyer, Pantry, Smoke Detectors, Walk-In Closet
	Exterior Features:	Fence, Patio, Shutters
	Equipment:	Dishwasher, Disposal, Dryer, Microwave, Range, Security System, Smoke Detector, Refrigerator/Icemaker
	Amenities:	BBQ - Picnic, Bike And Jog Path, Clubhouse, Community Pool, Exercise Room, Play Area, Streetlight, Underground Utilities, Volleyball, Community Room
	Maintenance:	Cable, Irrigation Water, Lawn/Land Maint, Insurance, Reserve, Security, Street Lights, Street Maintenance

Living Rm:	16x12	Great Rm:		Dining Rm:	12x10	Kitchen:	12x8	Family Rm:
Master BR:	13x12	2nd BR:	13x12	3rd BR:	13x12	4th BR:		5th BR:
Den:		Lanai:		Utility Rm:		Garage:	22x11	Ceil Fans:

Fed Holds Rate at 2%

Tony Perez (Sandals Realty) — Wed, 17 Sep 2008 09:03:59 -0700

Amid widening financial chaos, Fed holds rates
With turbulence hitting financial markets as a global credit crisis claims heavyweight victims, the Federal reserve held a key interest rate at 2 percent.

http://www.msnbc.msn.com/id/26740045/from/ET/

REAL ESTATE FRAUD

Florida, now saddled with the nation's highest level of mortgage fraud, once had a program to reimburse people scammed by rogue mortgage brokers. But the program ended a decade ago, making the state one of only three in the U.S. that doesn't help homeowners hurt by mortgage fraud.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n3-091608.cfm

What a busy week this week a lot going on in the world, a mix of bad & good news is out there. Stock market down, less foreclosures on the market this month and Fed holds rate at 2% for now to name a few. All we can do is keep are head up and keep moving forward, I for one will be leading the way...

Mortgage Forgiveness Debt Relief Act

Tony Perez (Sandals Realty) — Mon, 15 Sep 2008 20:43:46 -0700

What does that mean?

Usually, debt that is forgiven or cancelled by a lender must be included as income on your tax return and is taxable. The Mortgage Forgiveness Debt Relief Act of 2007 allows you to exclude certain cancelled debt on your principal residence from income. It applies to qualified debt forgiven in 2007, 2008 or 2009. That's only a 3 year window to complete a Short Sale or Foreclose on your property before the window is closed on Dec. 31st 2009.

Read more here: http://www.irs.gov/individuals/article/0,,id=179414,00.html

REAL ESTATE ECONOMY

Wellesley College economist Karl Case presented a paper at the Brookings Institution on Sept. 11 that suggests the housing market may be close to bottoming out. He cited modest gains in residential prices in nine of the 20 markets covered by the S&P/Case-Shiller home price index and a narrowing of the gap between incomes and home prices.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n2-091508.cfm

1 Featured Real Estate Agent Needed for Each City

Tony Perez (Sandals Realty) — Sat, 13 Sep 2008 10:29:34 -0700

This is my career and as a full-time Realtor i know i have to network and be known in my community or city. That's why i helped create www.i-GoCity.com a local/national website that has something for everybody. What i oversee is the Real Estate side of the site and here's what i'm looking for from you.

I need active full-time Realtors that want to network, market themselves and be known in their community or city. Here's the catch i only have space for 1 Featured Agent per city and i'd like to sell it to you as a trade out. A trade out of your time here's 3 things that need to be done for the trade out of being the Featured Agent in your city on i-GoCity.com.

Next time you order business cards have an i-GoCity.com Discover Your City template on the back of your business card. I can provide you the back template even a company to order business cards if that's needed. (so much easier passing out your card when it's not just real estate related)
Log in to i-GoCity.com and post info such as real estate in your cities topics/forum. Here's a link of what i do and it brings users back to my Active Rain Blog. http://www.i-gocity.com/mb.php?cat=152
Any business owners you know or can talk to, tell them your part of this site and that their business can join and get free advertising just by passing on a savings/coupon to the consumer. Just have them contact i-GoCity for more details or you can email info@i-gocity.com and send out the businesses contact information.

That's all not much for you to do as a trade out to be the Featured Agent of your city. Here's a link to an article that was written in my cities local newspaper. http://www.naplesnews.com/news/2007/jun/10/igocitycom_plans_expansion/

Remember only 1 Featured Agent per city so don't wait it only cost your time, let's network...

To secure your Featured Agent spot in your city simply email me at tperez@i-GoCity.com the following info your name, your office and what website link you want users to go to.

Bank Owned Foreclosure: Steal of the Week

Tony Perez (Sandals Realty) — Fri, 12 Sep 2008 09:00:29 -0700

BANK OWNED FORECLOSURE: Steal of the Week

Just look below at what you get with this great home, I saw it twice already and this property is a steal of a deal. It's only 4.5 miles from Collier Blvd. 951 and sits on 2+ acres of beautiful Golden Gate Estates land. Oh yeah it also comes with a below ground pool, this property will be under contract fast. This just gives another reason on why now is the time to buy property in SWFL.

This property information distributed by: Tony Perez

VIP Realty Group, Inc. Office Phone: 239-403-7777 Agent Phone: 239-850-1168 Fax: 239-437-7512 Email: tperez@viprealty.com

General Property Information

Address:	761 7TH ST NW	ML#:	208034054
	NAPLES, Florida 34120-2087	Status:	A-Active
		(GEO) Area:	NA41
County:	Collier	Furnished:	Unfurnished
Property ID:	37111160006	Subdivision:	GOLDEN GATE ESTATES
Subdivision #:	328600	Development:	GOLDEN GATE ESTATES
Legal Unit:	11	Sec/Town/Rng:	4/49/27
Block/Bldg:	16	Condo Fee:	$0
Lot:	1	Master HOA:	$0
Tax Year:	2007	HOA Fee:	$0
Total Tax Bill:	$1,326	Price/SqFt:	$84.07
Special Assess.:	$0
Tax Description:	County Only
Legal:	GOLDEN GATE EST UNIT 11 S 150FT OF TR 16 OR 1945 PG 894
Virtual Tour URL:
List Broker:	Century 21 #1 Sunbelt Realty Inc.

List Price: $149,900

1 2 3 4 5 6

Detailed Property Information

	Property Information:
	2.27 ACRES, POOL HOME, IN GREAT SHAPE, THE POOL WILL BE REPAIRED AND CLEANED, A/C UNIT IS MISSING, THIS HOME IS CLEAN AND HAS NICE APPLIANCES, GREAT FENCED IN YARD, BACK YARD IS FENCED AS WELL WITH A BUILDING THAT PERHAPS COULD BE FOR A HORSE, THERE IS ALSO A STORAGE SHED IN THE BACK. HOME IS BEING SOLD AS IS

Building Desc:	Ranch	Building #:	1	Elevator:	None
Ownership Desc:	Single Family	Community Type:	Other	Rear Exp.:	W
Building Design:	Single Family	Builder Product:	No	Year Built:	1991

Bedrooms:

3 Bed

Unit Floor:

Approx. Living Area:

1,783

Full Baths:

Half Baths:

Total Floors:

Approx. Total Area:

2,208

	Garage Spaces:	2 - Attached	Units in Building:	1	Cable:	No
	Carport Spaces:	0 -	Units in Complex:

Parking:		Lot Desc.:	County
Private Pool:	Yes - Below Ground	Approx. Lot Size:	150X660X150X660
Private Spa:	No -	Guest House:
Acres:	2.27	Guest House L.A.:
Security:	None	Construction:	Concrete Block
Waterfront Desc.:	None	Roof:	Shingle
Boat Access:	None	Flooring:	Carpet, Ceramic Tile
View:	Wooded Area	Cool:	None
Bedroom:	Master BR Ground, Split Bedrooms	Heat:	None
Dining:	Dining - Living	Water:	Well
Kitchen:	Island	Sewer:	Septic
Master Bath:	Other	Irrigation:	None
Rooms:	Family Room, Laundry Room in Garage	Restrictions:	Deeded
Windows:	Single Hung	Pets:	No Approval Needed

	Interior Features:	Remarks, Walk-In Closet
	Exterior Features:	Barn Stall, Extra Building, Fence, Patio
	Equipment:	Dishwasher, Dryer, Range, Refrigerator, Washer
	Amenities:	Horses OK
	Maintenance:	None

Living Rm:	Great Rm:	Dining Rm:	Kitchen:	Family Rm:
Master BR:	2nd BR:	3rd BR:	4th BR:	5th BR:
Den:	Lanai:	Utility Rm:	Garage:	Ceil Fans:

The source of this real property information is the copyrighted and proprietary database compilation of SunshineMLS, LLC. Copyright 2002-2008 SunshineMLS, LLC. All rights reserved. The accuracy of this information including, but not limited to, any information about the size or area of lots, structures, or living space, such as room dimensions, square footage calculations, or acreage, is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction based upon it.

25 Best Places for Affordable Homes Near Waterfront

Tony Perez (Sandals Realty) — Fri, 12 Sep 2008 08:33:23 -0700

A WATER VIEW

Money magazine came out with its top 25 list of best places to find affordable homes near the water, and Ferry Pass, Fla., made the cut. Coming in at No. 16, the community, located near Pensacola, is just minutes from the beautiful white sand beaches of the Gulf of Mexico. The magazine also noted that Ferry Pass residents enjoy the many restaurants, boutiques, art galleries and other amenities of Pensacola, and go fishing in nearby Escambia Bay. Based on 2007 data, the median family income for the area is $59,257, while the median home price is $129,350. Want more info? Go to: http://money.cnn.com/galleries/2008/moneymag/0809/gallery.bpretire_affhomes.moneymag//

Another great Waterfront community is Cape Coral and with the current recorrecting market of the boom years now is a great time to buy and Cape Coral is a great place to get affordable waterfront property. Below i'm showcasing two such properties that are worth a look and feel free to call or email me if you like more information on these or any other property you may have in mind. Enjoy life and have a great day!

This property information distributed by: Tony Perez

VIP Realty Group, Inc. Office Phone: 239-403-7777 Agent Phone: 239-850-1168 Fax: 239-437-7512 Email: tperez@viprealty.com

General Property Information

Address:	1120 SE 46TH ST #1-E	ML#:	208026094
	CAPE CORAL, Florida 33904	Status:	A-Active
		(GEO) Area:	CC45
County:	Lee	Furnished:	Unfurnished
Property ID:	07-45-24-C4-00501.00E0	Subdivision:	GREENBRIAR CONDO
Subdivision #:		Development:	GREENBRIAR CONDO
Legal Unit:		Sec/Town/Rng:	7/45/24
Block/Bldg:	501	Condo Fee:	$0
Lot:	1-E	Master HOA:	$0
Tax Year:	2007	HOA Fee:	$360 Monthly
Total Tax Bill:	$3,166	Price/SqFt:	$89.71
Special Assess.:	$0
Tax Description:	City And County
Legal:	GREENBRIAR CONDO OR 1180 PG 1401 APT 1-E
Virtual Tour URL:
List Broker:	Premiere Plus Realty Co.

List Price: $109,900

This property information distributed by: Tony Perez

VIP Realty Group, Inc. Office Phone: 239-403-7777 Agent Phone: 239-850-1168 Fax: 239-437-7512 Email: tperez@viprealty.com

General Property Information

Address:	2009 SE 12TH ST	ML#:	208034299
	CAPE CORAL, Florida 33990	Status:	A-Active
		(GEO) Area:	CC14
County:	Lee	Furnished:	Unfurnished
Property ID:	20-44-24-C1-01275.0570	Subdivision:	CAPE CORAL
Subdivision #:		Development:	CAPE CORAL
Legal Unit:	18	Sec/Town/Rng:	20/44/24
Block/Bldg:	1275	Condo Fee:	$0
Lot:	57	Master HOA:	$0
Tax Year:	2007	HOA Fee:	$0
Total Tax Bill:	$6,342	Price/SqFt:	$198.90
Special Assess.:	$0
Tax Description:	City And County
Legal:	CAPE CORAL UNIT 18 BLK.1275 PB 13 PG 104 LOTS 57 + 58
Virtual Tour URL:
List Broker:	Assist-2-Sell Sellers & Buyers

List Price: $290,000

1 2 3 4 5 6 7 8

Real Estate Recovery

Tony Perez (Sandals Realty) — Wed, 10 Sep 2008 11:48:08 -0700

REAL ESTATE RECOVERY

Since the government said it would take over Fannie Mae and Freddie Mac, there's been an accelerating drop in mortgage rates, raising hopes that more buyers might be drawn into the housing market and hasten the recovery.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n3-091008.cfm

GREAT TIME TO BUY

This fall could be a great time for many buyers to jump into the market thanks to tax credits, lower mortgage rates and FHA changes that, effective Jan. 1, decrease mortgage amounts and increase downpayment requirements.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n4-091008.cfm