Marathon Florida Keys Real Estate Short Sales

BANK OWNED, REO, FORECLOSURE SALE IN KEY COLONY BEACH FLORIDA KEYS: EXPERT REO AGENT...YEAH BABY

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Mon, 23 Nov 2009 17:18:42 -0600

KELLY WILLEY, BROKER AT COCO PLUM REALTORS, CLOSES ANOTHER REO, FORECLOSURE, BANK OWNED HOME IN KEY COLONY BEACH, FLORIDA KEYS.

110 13TH ST, KEY COLONY BEACH, FLORIDA

Listed for $799,900 and SOLD for $805,000

Kelly Willey gets results in marketing bank owned, REO and foreclosure property. If you need aggressive marketing and thorough attention to property details and condition, call Kelly Willey.

Call Kelly Willey at Coco Plum Realtors for all of your MARATHON FLORIDA KEYS SHORT SALE Real Estate needs.

FLORIDA KEYS VACATION RENTALS

FREE MARATHON KEY SHORT SALE LIST

FLORIDA KEYS REAL ESTATE SEARCH

305-289-2212

Not Just Listed...SOLD...we get RESULTS!!!

Outstanding Vacation Rental management Programs with High Returns to the Owners

Superior Marketing Programs that Get RESULTS!!

LUXURY SHORT SALE INCOME PRODUCING VACATION RENTAL IN KEY COLONY BEACH, FLORIDA KEYS

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Fri, 20 Nov 2009 09:28:34 -0600

Kelly Willey | Coco Plum Realtors | 305-289-2212

320 13th St, Key Colony Beach, FL

LUXURY SHORT SALE VACATION RENTAL

Spectacular, Luxury, Income generating Short Sale in KEY COLONY BEACH. This beauty is a rental machine, rented 50 out of 52 weeks this year and yet ma

4BR/3BA Single Family House

offered at $1,100,000

Year Built	1993
Sq Footage	2,804
Bedrooms	4
Bathrooms	3 full, 0 partial
Floors	2
Parking	Unspecified
Lot Size	10,715 sqft
HOA/Maint	$0 per month

DESCRIPTION

RENTAL MACHINE. Rented 50 weeks in 2009 and many booked for 2010. If you are looking for an income producer this is the one. SHORT SALE.Luxury Key Colony Beach home featuring infinity pool, fenced back yard, high ceilings, updated interior and tropical landscape. Very well maintained.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Family room	- Living room
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Washer
- Dryer	- Yard	- Swimming pool
- Jacuzzi/Whirlpool	- Sauna

COMMUNITY FEATURES

- Garage parking

OTHER SPECIAL FEATURES

- Canal front

- Heated pool

- Jacuzzi

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Kelly Willey

Coco Plum Realtors

BK3084960

305-289-2212

For sale by agent/broker

Equal Opportunity Housing

Posted: Nov 20, 2009, 6:00am PST

FLORIDA KEYS VACATION RENTALS

Call Kelly Willey at Coco Plum Realtors for all of your MARATHON FLORIDA KEYS SHORT SALE Real Estate needs.

FREE MARATHON KEY SHORT SALE LIST

FLORIDA KEYS REAL ESTATE SEARCH

305-289-2212

Not Just Listed...SOLD...we get RESULTS!!!

Outstanding Vacation Rental management Programs with High Returns to the Owners

Superior Marketing Programs that Get RESULTS!!

FLORIDA KEYS FORECLOSURE SALE IN KEY COLONY BEACH: REO SOLD...by an Expert!

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Thu, 19 Nov 2009 14:38:32 -0600

A lot of agents claim to be REO experts. But lets face the facts, in order to properly handle an REO, or Real Estate Owned/bank foreclosure you need to be experienced in many areas. You must be able to function electronically. If you cannot email contracts do not pretend to be a REO expert. I am constantly amazed at agents that are unable to email me an offer and insist on faxing it. You must also be able to properly manage the property. This will involve visiting the property. I know this is a stretch for some agents. I was in a home that I could not even get my car in the driveway it was so overgrown. When I called the REO "expert" list agent she had no idea the property was in such disrepair. No way was she doing weekly inspections, in fact I would be shocked if she ever set foot in the house. You must also be able to handle the billing for the utilites and lawn maintenance in your asset manager requires this of you. Most will also want weekly updates and monthly marketing reports. There is much more to be a good REO agent than just getting the listing. You must market, maintain and keep you asset manager happy through the whole process.

281 5th St in Key Colony Beach was a recent bank owned asset that I marketed, maintained and closed. It sold in 6 days, closed in 34 and sold for $100 over the list price.

My asset manager and the new buyers are happy and I count this as another successful REO closing giving me REO Expert bragging rights.

(PS. I have been doing this for 20 years and have sold about 100 bank owned properties)

FLORIDA KEYS VACATION RENTALS

Call Kelly Willey at Coco Plum Realtors for all of your MARATHON FLORIDA KEYS SHORT SALE Real Estate needs.

FREE MARATHON KEY SHORT SALE LIST

FLORIDA KEYS REAL ESTATE SEARCH

305-289-2212

Not Just Listed...SOLD...we get RESULTS!!!

Outstanding Vacation Rental management Programs with High Returns to the Owners

Superior Marketing Programs that Get RESULTS!!

INDIGO REEF RESORT MARINA SHORT SALES AND FORECLOSURE STATISTICS

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Tue, 17 Nov 2009 10:26:58 -0600

Indigo Reef Resort and Marina Sales History for 2009

Statistical Market Analysis

All the recent sales have been Short Sales or Foreclosures. We have successfully negotiated the most recent Short Sale with Chase in first and second with NO deficiency judgements against the owner. For a free consultation call Kelly Willey, Broker.

Status	# Listings		List Price	Sold Price	Sale/List Price	Living SqFt	List Price Per SqFt	Sold Price Per SqFt	Days On Market
Pending	6	Low Avg High	450,000 487,833 525,000	0 0 0	0.00 0.00 0.00	1,600 1,600 1,600	281.25 304.90 328.12	0.00 0.00 0.00	56 320 1,218
Closed	8	Low Avg High	469,000 545,725 895,000	430,000 486,300 550,000	0.61 0.92 1.00	1,600 1,611 1,690	289.88 339.04 559.38	254.44 302.15 343.75	56 212 417
Overall	14	Low Avg High	450,000 520,914 895,000			1,600 1,606 1,690	281.25 324.41 559.38		56 258 1,218

Information is deemed to be reliable, but is not guaranteed. © 2009 MLS and FBS.
Prepared by Kelly M. Willey, SRES, Broker, Owner, SRES on Tuesday, November 17, 2009 9:47 AM

FLORIDA KEYS VACATION RENTALS

Call Kelly Willey at Coco Plum Realtors for all of your MARATHON FLORIDA KEYS SHORT SALE Real Estate needs.

FREE MARATHON KEY SHORT SALE LIST

FLORIDA KEYS REAL ESTATE SEARCH

305-289-2212

Help me Welcome my Active Rain Virgin Property Manager ;)

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Tue, 17 Nov 2009 10:09:02 -0600

I'm very proud of Brad Calef, my vacation rental property manager for posting his virgin Active Rain post. Please join me in extending to him a warm AR welcome and encouragement to continue having fun playing in the Rain.

Kindly read his Virgin post....

Brad has been with me for almost a year now. He's a down to earth, honest person with a great work ethic and fun personality. Brad is not only a fabulous vacation rental manager he is an expert boater and avid Florida Keys fishermen.

Sorry about the virgin bit, I couldn't resist!

FLORIDA KEYS VACATION RENTALS

Call Kelly Willey at Coco Plum Realtors for all of your MARATHON FLORIDA KEYS SHORT SALE Real Estate needs.

FREE MARATHON KEY SHORT SALE LIST

FLORIDA KEYS REAL ESTATE SEARCH

305-289-2212

FLORIDA KEYS FORECLOSURE, BANK OWNED, REO'S FREE LIST SIGN UP FOR DAILY UPDATES

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Sun, 08 Nov 2009 18:18:30 -0600

FLORIDA KEYS FORECLOSURES, BANK OWNED, REO REAL ESTATE

Want a great deal on a Florida Keys vacation home? Consider investing in a foreclosure or bank owned property. Kelly Willey has 20 years experience and has sold over 50 foreclosured homes. Call an agent with first hand experience in selling foreclosures, call Keyy Willey she knows how to works with the banks to help you purchase a Florida Keys foreclosure.

FREE LIST FLORIDA KEYS FORELCOSURES

FLORIDA KEYS VACATION RENTALS

Call Kelly Willey at Coco Plum Realtors for all of your MARATHON FLORIDA KEYS SHORT SALE Real Estate needs.

FREE MARATHON KEY SHORT SALE LIST

FLORIDA KEYS REAL ESTATE SEARCH

305-289-2212

KEY COLONY BEACH MARATHON FLORIDA VACATION RENTALS, PROPERTY MANAGER

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Sun, 08 Nov 2009 18:03:58 -0600

Key Colony Beach in Marathon in the Florida Keys is a popular vacation destination. Located just 100 miles south of the Miami airport, this an easy place to visit by air or by land. Many residents of other parts of Florida chose to call Key Colony Beach their vacation home.

Key Colony Beach is its own incorporated City and is one of the few places in the Florida Keys where weekly rentals are legally permitted. Because of this it is a highly desired area. Many of the single homes, half duplexes and condominiums are used as weekly rentals.

Coco Plum Realtors has two full time property managers that specialize in the renting of vacation homes in Key Colony Beach. Owners of vacation rental homes in Key Colony Beach can expect to have their homes rented by Coco Plum property managers an average of 40 weeks out of the year.

Coco Plum Realtors Property Management division prides itself on exceptional customer service. All guests are personally checked in at the property and given a tour prior to their stay. All homes are reviewed by the property manager after each guest leaves' ensuring the highest quality is maintained in all our vacation rental homes.

If you want to buy a home in Key Colony Beach or already own and need outstanding vacation rental property manger, call Coco Plum Realtors.

FLORIDA KEYS VACATION RENTALS

Call Kelly Willey at Coco Plum Realtors for all of your MARATHON FLORIDA KEYS SHORT SALE Real Estate needs.

FREE MARATHON KEY SHORT SALE LIST

FLORIDA KEYS REAL ESTATE SEARCH

305-289-2212

MARATHON FLORIDA KEYS WATERFRONT REO, FORECLOSURE, BANK OWNED DEAL, SOMBRERO BEACH, TINGLER LANE

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Sat, 17 Oct 2009 12:06:58 -0500

Marathon, Florida Keys, Monroe County, 33050

63 Tingler Lane

Bank Owned, REO, FORECLOSURE

$274,900

LINK TO LISTING...

This is a solid CBS, ground level home in the Sombrero Beach area. In fact its just steps from the beach. It has had numerous updates like a new kitchen with granite counters and 2 renovated baths. There is also gorgeous hardoood flooing in the kitchen, LR and sunroom area. It has a concrete roof and accordion shutters.

It appears to have some water damage or termite damage in the soffit area which a home inspector can evaluate for you. It is missing the stove and dishwasher and needs a good cleaning and new flooring in the bedrooms. The dock is small but the water looks deep. There is a mangrove fringe behind the dock and it would be worth looking into possibly having those trimmed.

Other than that this appears to be an excellent value listed by Bruce Herndon.

I have some extra photos of this listing so give me a call if you have any interest.

FLORIDA KEYS REAL ESTATE FORECLOSURE SITE

Welcome Ginny & Tom Dumansky to Coco Plum Realtors

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Mon, 12 Oct 2009 11:02:49 -0500

Coco Plum Realtors is please to announce the affiliation of Ginny and Tom Dumansky to Coco Plum Realtors. Both are highly trained and experienced agents with a background in property sales and vacation rental management. Please contact Ginny or Tom for all of your Florida Keys real estate needs. Ginny@MyMiddleKeys.com

Ginny and Tom Dumansky - Sales & Rentals

Allow Us to Introduce Ourselves!

We are experienced and dedicated residential and commercial real estate agents that have built our reputation on client satisfaction and excellence. We have over 15 years experience as Realtors in New Jersey, Georgia and now here in the Florida Keys. As your real estate agents, you will have the added benefit of working with an associate who takes the time to clearly identify and understand your needs when buying, selling or investing in the Florida Keys.

Finding the right home or property for you is only the beginning, as we will assist you in every aspect of your purchase, sale or investment, from start to finish. We are excellent negotiators and always promote our clients interests in a professional and ethical manner with commendable and impressive results.

Effective communication is a key factor in client procurement and in any successful real estate transaction. We are here to serve you in a professional manner and greatly appreciate the opportunity to earn your business. We specialize in both residential and commercial real estate sales. We are exceptional producers with an impeccable reputation for honesty and integrity. When you are buying or selling property in today's real estate market, it is imperative that you have complete confidence in the real estate professional that you have selected.

Our commitment to you is to provide you with specialized real estate service beyond your expectations. As your real estate professionals, we will continue to represent your interests with trust, integrity and dedication, which are the founding principals of our success.

Thank you for visiting our website and please feel free to contact us directly if we can further assist you.

Buying a home is one of the largest financial investments you will ever make. Make your decision with confidence ... call us today!

305-394-7106 Ginny's Cell

305-433-1733 Tom's Cell

KeysExpert.com

FLORIDA KEYS BANK OWNED, REO, FORECLOSURE, KEY COLONY BEACH

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Sat, 03 Oct 2009 17:32:54 -0500

Kelly Willey | Coco Plum Realtors | 305-289-2212

281 5th St, Key Colony Beach, FL

FLORIDA KEYS FORECLOSURE, KEY COLONY BEACH REO, BANK OWNED FLORIDA
KEYS REAL ESTATE

2BR/2BA Single Family House

offered at $399,900

Year Built	1988
Sq Footage	1,200
Bedrooms	2
Bathrooms	2 full, 0 partial
Floors	2
Parking	Unspecified
Lot Size	3,300 sqft
HOA/Maint	$0 per month

DESCRIPTION

BANK OWNED IN THE FLORIDA KEYS!!!
FORECLOSURE OPPORTUNITY IN KEY COLONY BEACH FLORIDA KEYS

Welcome to Key Colony Beach located in the Heart of the Florida Keys at mile marker 53.5 on US Highway 1 also known locally as Overseas Highway. Driving south from Miami on US 1, the Keys begin about mile marker 106 in Key Largo and extend to mile marker 0 in Key West. Key Colony, called the "Gem of the Florida Keys," is a on an island just south of the Overseas Highway connected via Sadowski causeway with a very small bridge.
Most residences are on canals with quick and easy access to the Gulf or Atlantic Ocean while some enjoy ocean views. Key Colony is perfect for the boating or fishing enthusiast. In addition to the residences, there are many businesses in the city, including restaurants, a charter fishing fleet, marina, boat rentals, clothing store, hair salon, dive and tackle shop, liquor store, gas station, convenience store, hotels, real estate offices and a 9-hole par-3 golf course.
Key Colony is the perfect place to call home in the Florida Keys or enjoy a relaxing vacation home, island style.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Dishwasher	- Yard

OTHER SPECIAL FEATURES

- Crystal Clear Canal

- BANK OWNED Opportunity

- www.MyMiddleKeys.com

- Stilted with Storage below

- Great Vacation Rental Potential

- KEY COLONY BEACH FORECLOSURE

- FLORIDA KEYS FORECLOSURE

- BANK OWNED IN FLORIDA KEYS

- KEY COLONY BEACH REO REAL ESTATE

- FABULOUS FLORIDA KEYS LUXURY FORECLOSURE HOME

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Kelly Willey

Coco Plum Realtors

BK3084960

305-289-2212

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 16, 2009, 9:53am PDT

FREE FLORIDA KEYS FORECLOSURE SEARCH

Kelly Willey is the broker and began her real estate career in 1989 in Baltimore, Maryland and Long and Foster Realtors. She rose quickly to the top of her office and was the Rookie of the Year in 1989 with Coldwell Banker. Over the years she has earned numerous sales awards, sold millions and millions of dollars in real estate and attended a vast number of training programs. Kelly has specialized in working with many REO, short sale, pre-foreclosure and foreclosure properties over the last 20 years. And, she holds the SRES, Seniors Real Estate Specialist designation for working with senior citizens and their special needs.

Kelly and her family have been very involved with Island Community Church and Island Christian school. Being involved as a youth leader with the teens sparked their interest in foreign missions. They have taken many trips to the Dominican Republic to serve the impoverished of that country and founded a non-profit corporation, Micah Missions, to raise money and awareness of that cause.

For all your real estate needs in Marathon, Duck Key, Key Colony Beach and Grassy Key call Kelly Willey at 305-289-2212 or email her at MicahMissions@Gmail.com. We are always happy to help you with area attractions, local schools or the value of your Marathon, Florida Keys home.

WWW.MYMIDDLEKEYS.COM

FLORIDA KEYS FORECLOSURE, BANK OWNED, REO LUXURY POOL HOME KEY COLONY BEACH

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Sat, 03 Oct 2009 17:29:09 -0500

Kelly Willey | Coco Plum Realtors | 305-289-2212

110 13th St, Key Colony Beach, FL

BANK OWNED, REO, Florida Keys Vacation Rental

3BR/4BA Single Family House

offered at $824,900

Year Built	1994
Sq Footage	2,522
Bedrooms	3
Bathrooms	4 full, 0 partial
Floors	2
Parking	2 Car garage
Lot Size	9,371 sqft
HOA/Maint	$0 per month

DESCRIPTION

Fabulous vacation rental home with in ground pool, on a canal in Key Colony Beach. This stunning home is priced to sell and will please the pickiest buyers.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Living room	- Office/Den
- Stove/Oven	- Yard	- Swimming pool

OTHER SPECIAL FEATURES

- Florida Keys Foreclosure

- REO in Key Colony Beach

- In ground Pool

- Key Colony Beach Foreclosure

ADDITIONAL PHOTOS

front	kitchen
pool	view
DR	LR

Contact info:

Kelly Willey

Coco Plum Realtors

BK3084960

305-289-2212

For sale by agent/broker

Equal Opportunity Housing

Posted: Oct 3, 2009, 2:17pm PDT

FREE FLORIDA KEYS FORECLOSURE SEARCH

http://WWW.MYMIDDLEKEYS.COM

FLORIDA KEYS BANK OWNED, FORECLOSURES, REO SEE THEM ALL FOR FREE

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Sat, 26 Sep 2009 20:24:53 -0500

If you know where to look there are some great deals in the Florida Keys, Monroe County, Florida real estate market:

Short Sales

Foreclosures

Pre-Foreclosures

Bank Owned Properties

Distressed Sellers

Liquidating Investors

FORECLOSURE, REO, BANK OWNED LUXURY FLORIDA KEYS POOL HOME

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Sat, 26 Sep 2009 20:15:39 -0500

Foreclosure, REO, Bank Owned Florida Keys: Key Colony Beach

Overview
Maps
Photos
Description

$824,900

Single Family Home
For Sale

Main Features

4 Bedrooms
3 Bathrooms
1 Unit
Interior: 2500 sqft
Lot: 9,300 sqft

Location

110 13th St
Key Colony Beach, FL 33051

Kelly Willey

(410) 879-8080
MDreos@gmail.com
http://www.EasyMDhomes.com

Listed by: Coco Plum Realtors

See more Key Colony Beach, FL real estate for sale

FLORIDA KEYS BANK OWNED, REO FORECLOSURE, LUXURY IN KEY COLONY BEACH $399,900

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Wed, 16 Sep 2009 13:00:39 -0500

Kelly Willey | Coco Plum Realtors | 305-289-2212

281 5th St, Key Colony Beach, FL

FLORIDA KEYS FORECLOSURE, KEY COLONY BEACH REO, BANK OWNED FLORIDA
KEYS REAL ESTATE

2BR/2BA Single Family House

offered at $399,900

Year Built	1988
Sq Footage	1,200
Bedrooms	2
Bathrooms	2 full, 0 partial
Floors	2
Parking	Unspecified
Lot Size	3,300 sqft
HOA/Maint	$0 per month

DESCRIPTION

BANK OWNED IN THE FLORIDA KEYS!!!
FORECLOSURE OPPORTUNITY IN KEY COLONY BEACH FLORIDA KEYS

Welcome to Key Colony Beach located in the Heart of the Florida Keys at mile marker 53.5 on US Highway 1 also known locally as Overseas Highway. Driving south from Miami on US 1, the Keys begin about mile marker 106 in Key Largo and extend to mile marker 0 in Key West. Key Colony, called the "Gem of the Florida Keys," is a on an island just south of the Overseas Highway connected via Sadowski causeway with a very small bridge.
Most residences are on canals with quick and easy access to the Gulf or Atlantic Ocean while some enjoy ocean views. Key Colony is perfect for the boating or fishing enthusiast. In addition to the residences, there are many businesses in the city, including restaurants, a charter fishing fleet, marina, boat rentals, clothing store, hair salon, dive and tackle shop, liquor store, gas station, convenience store, hotels, real estate offices and a 9-hole par-3 golf course.
Key Colony is the perfect place to call home in the Florida Keys or enjoy a relaxing vacation home, island style.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Dishwasher	- Yard

OTHER SPECIAL FEATURES

- Crystal Clear Canal

- BANK OWNED Opportunity

- www.MyMiddleKeys.com

- Stilted with Storage below

- Great Vacation Rental Potential

- KEY COLONY BEACH FORECLOSURE

- FLORIDA KEYS FORECLOSURE

- BANK OWNED IN FLORIDA KEYS

- KEY COLONY BEACH REO REAL ESTATE

- FABULOUS FLORIDA KEYS LUXURY FORECLOSURE HOME

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6

Contact info:

Kelly Willey

Coco Plum Realtors

305-289-2212

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 16, 2009, 9:53am PDT

FREE FLORIDA KEYS FORECLOSURE SEARCH

http://WWW.MYMIDDLEKEYS.COM

Bank Owned, REO in Key Colony Beach, Florida Keys Luxury Pool home

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Fri, 28 Aug 2009 22:19:38 -0500

Kelly Willey | Coco Plum Realtors | 305-289-2212

110 13th St, Key Colony Beach, FL

BANK OWNED, REO, Florida Keys Vacation Rental

3BR/4BA Single Family House

offered at $824,900

Year Built	1994
Sq Footage	2,522
Bedrooms	3
Bathrooms	4 full, 0 partial
Floors	2
Parking	2 Car garage
Lot Size	9,371 sqft
HOA/Maint	$0 per month

DESCRIPTION

Fabulous vacation rental home with in ground pool, on a canal in Key Colony Beach. This stunning home is priced to sell and will please the pickiest buyers.

see additional photos below

PROPERTY FEATURES

- Central A/C	- High/Vaulted ceiling	- Walk-in closet
- Tile floor	- Living room	- Office/Den
- Stove/Oven	- Yard	- Swimming pool

OTHER SPECIAL FEATURES

- Florida Keys Foreclosure

- REO in Key Colony Beach

- In ground Pool

- Key Colony Beach Foreclosure

ADDITIONAL PHOTOS

front	kitchen
pool	view
DR	LR

Contact info:

Kelly Willey

Coco Plum Realtors

305-289-2212

For sale by agent/broker

Equal Opportunity Housing

Posted: Aug 28, 2009, 7:01pm PDT

INDIGO REEF: SHORT SALES, FORECLOSURES AND VACATION RENTALS MARATHON FLORIDA KEYS

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Mon, 20 Jul 2009 17:25:34 -0500

Looking for a fabulous vacation rental in Marathon in the Florida Keys, Indigo Reef is the place for you. From the fabulous resort sized pool to the convenient boat slips and spacious homes, no detail has been spared to make your Florida Keys vacation rental in Indigo Reef extraordinary!

luxury accomodations
Huge pool
Boat Slips Included
Marina on site
Beautiful furniture
Covered Parking
3 bedrooms
2.5 baths
Porches and Balconies

If you are looking to rent a vacation rental in Indigo Reef, sell an Indigo Reef unit, buy or sell a SHORT SALE in Indigo Reef, we are the ones to call.

We love Indigo Reef and want to help you make it your vacation rental destination.

Looking to own a vacation rental? Consider a vacation rental in Indigo Reef. Many short sales to select from.

INDIGO REEF LISTINGS

http://WWW.MYMIDDLEKEYS.COM

Florida Keys Short Sales Top 5 Picks in Marathon and Key Colony Beach

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Wed, 15 Jul 2009 20:54:39 -0500

Florida Keys Top Short Sale Deals in Marathon and Key Colony Beach

TOP 5 PICKS

If you know where to look there are some great deals in the Florida Keys, Monroe County, Florida real estate market:

Short Sales

Foreclosures

Pre-Foreclosures

Bank Owned Properties

Distressed Sellers

Liquidating Investors

DUCK KEY SHORT SALE just $299,900 for Florida Keys Vacation Home

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Sun, 12 Jul 2009 13:16:56 -0500

Top Florida Keys Short Sale Pick of the Week is in Hawks Cay in Duck Key

DUCK KEY in the Florida Keys is one of those places that people fall deeply in love with. If you have been dreaming of owning a vacation home in the Florida Keys, this DUCK KEY SHORT SALE, is the perfect answer. Priced at an obtainable $299,900 this Florida Keys Short Sale opportunity in Duck Key is not going to last.....

See All the Details HERE

ALL DUCK KEY SHORT SALE LISTINGS

If you know where to look there are some great deals in the Florida Keys, Monroe County, Florida real estate market:

Short Sales

Foreclosures

Pre-Foreclosures

Bank Owned Properties

Distressed Sellers

Liquidating Investors

Listing and photo courtesy of FlexMLS and not the listing of Coco plum Realtors

FLORIDA KEYS Foreclosures $89,900 to $2,799,000 a Vacation Home for all Budgets

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Sun, 12 Jul 2009 12:35:48 -0500

Dreaming of a vacation home in the Florida Keys? From luxury, waterfront estates to simple condominiums, this foreclosure list has something for everyone.

One of my personal favorites is the single home at 790 100th Street in Marathon. This Marathon Florida Keys foreclosure has a stunning kitchen with glazed custom cabinets, beautiful granite and an industrial stainless steel stove.

Don't see your dream home here? No worries, we have other listings for you. Just email me your wishlist and I will match you up with the perfect property.

SHOULD I PAY MY MORTGAGE? WHEN SHOULD I STOP PAYING MY MORTGAGE?

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Sun, 05 Jul 2009 10:33:14 -0500

Many of my Short Sale sellers ask me these same questions and Richard has done an excellent job answering them......

Via Richard Zaretsky, Florida Real Estate Attorney (Richard P. Zaretsky P.A. ):

This seems to be THE NUMBER ONE question I get. Unfortunately there are several answers and which is correct for you depends on the Circumstances. I will address the common scenarios in this article.

Policy in my office is to never "tell" - as in "instruct" - our borrower client to pay or not to pay their mortgage. Paying or not paying has a lot of collateral effects and the borrower needs to know what they are before making the decision. We don't make the decision for the borrower (our client) because the effects of paying or not paying are not going to affect me - but they will affect the client, so it is the client that must make the final decision.

Let me make one issue clear - when we are hired to help facilitate a short sale or loan modification it is far easier for us to negotiate with the lender if the payments are late, but it is almost never a requirement. The exceptions to which will be discussed later in this article. Additionally, internal rules change at the banks constantly. A new client came in totally frustrated. They called their bank to help with a modification and the bank said they could not address their situation until they were at least 60 days late. So the near perfect (800+) credit score couple stopped paying for 60 days and then called the bank back. Now the bank says that because they are 60 days late they cannot speak to them about a modification! The point is, if you don't have to be late then why voluntarily create a late payment credit history that will adversely affect your credit-dependent life almost immediately and for years to come?

SO LET'S GET INTO IT - Danger - this is a long article and it covers a lot of ground!

Short Sale:

A borrower that is current and contemplating a short sale wonders if they should stop paying their (first) mortgage. They are upside down and until now they have been current. However they are paying the mortgage at a cost of not paying other bills. (Other or different facts may be that they are paying all their bills but taking the money from savings or a pension fund to make those payments, or they are borrowing money from another equity loan).

Generally, it is not a good idea to get into debt to pay your mortgage, unless you have a solid plan to both (i) keep the mortgage current and (ii) repay the additional indebtedness you are creating. It is not like taking from one pocket to put into another - it is more like taking from someone else's pocket to pay your bills. This would include credit card loans as the source of funds. It all has to be paid back, so if you don't have a plan to pay it back, don't borrow it in the first place! You are only digging a bigger hole for yourself and making it harder to get out of the hole.

If you are taking from your pension or savings money, again you better have a rock solid plan to get that money back into those accounts, or there is no sense in giving up that hard earned and usually irreplaceable retirement money, especially considering these are monies that are usually protected from creditors' judgments including those your mortgage lender could obtain (deficiency judgment)..

Of course the "amount" of money you have "in reserve" comes into consideration. If you have 2 million dollars in reserve and you decide to spend 10% of it to keep the loans current until you can short sale the property, that plan has a basis that the 10% is not going to make a difference in the way you run your life over the remaining time you have left as a mere mortal.

Sometimes, but rarely, we run into a lender that says they won't approve a short sale or modification because the borrower is current with his payments. When we have encountered this it is in most cases associated with a government backed loan, (but later on we will show you why this may be motivated by plain greed on the part of a loan servicer). A properly compiled financial snapshot of the borrower should show why they are current and what will happen if the short sale or modification is not approved.

Your decision on how to proceed should be based on what goal you are trying to accomplish and how you plan to get to that goal (see how to determine your goal).

Mortgage Modification:

Apart for some voluntary government programs regarding (Fannie Mae or Freddie Mac) government involved mortgages, I know of no lender that absolutely will not deal with a borrower who is current with their mortgage payments. Lenders deal with all sorts of situations and "absolutely not" is just not in the vocabulary. A typical borrower calling a lender may hear that they must be late, but that is more of a "vetting" statement than an absolute policy.

The exceptions are some government program guides for modification. The first step to seeing if your loan comes within this exception is to see if it is a Fannie Mae or Freddie Mac loan. You can do this online at the Making Home Affordable site. Many servicers and lenders whose loans are not "government backed" are now choosing to follow this government plan (known as the Home Affordable Modification plan or more affectionately called the "Obama Plan" - see below) for the simple reason that they are being compensated by the government for each successful modification they execute within its guidelines, and either the servicer or lender receive a residual bonus for the loan staying current under the modification. In these cases we have seen non-government backed loans insist on the borrower being late to qualify for modification as well. What is confusing on this point is that when the plan was introduced it included modifications (and compensation for such) for current loans as well. However, we are told time and time again from the lenders directly that they must be late to qualify. There is no such rule in the guidelines.

While this is contrary to what has been published by the government about the plan, keep mind that following the plan and any of its various aspects is entirely voluntary and up to the Lender or servicer. They can pick and chose from this plan as they see fit for their own internal reasons. Here is a more interesting twist - a servicer that modifies a delinquent loan is paid more under this incentive plan than if the borrower were to modify while the loan is current! If the borrower is current, the servicer can receive up to $3,500 in incentive fees from the government. If the borrower is delinquent, the servicer can receive up to $4,000 in incentive fees from the government. Thus it seems that it pays ($500 to)the servicer to encourage a borrower to be delinquent!

We often see a client that fits the profile for modification under this government plan. Some of these plans are said to require that to be qualified the borrower must be late 60 days (see Guidelines page 5 at bottom). But in fact, being late is not a requirement, but only one factor of many (see Guidelines page 16 at the top - "However, a NPV (net present value) positive result is not necessary to qualify a loan for a Home Affordable Modification"). If the goal is to qualify under such a plan as put in place by the lender at that time, then to accomplish that qualification the borrower may need to make themselves late, but that cannot be determined in a 2 minute telephone call with a lender representative. I cringe when we go this route because just like these "plans" came into existence, I can see them change the plan thus leaving the now 60 day late borrower with ruined credit scores that occurred needlessly.

Generally about a quarter of our modification clients never go late and still get a modification offer from the lender. However, keep in mind that nearly all lenders put up as their first line of defense the policy that going late is a necessity to qualify. We can only speculate this is done to deter the enormous inflow of loan modification requests from borrowers that would come in if this was NOT said to be a requirement. It also helps address those in the most dire amount of need first.

The Pro's and the Con's:

The general rule of thumb we use is if you can pay your mortgage and maintain your life's necessities, you may consider keeping the loan current, taking the points in this article into account. However, if you need to choose between buying food or medications and paying the mortgage, the decision that should be made is clear: your life necessities take precedent.

Here are the pro's to consider when in the short sale or modification process. Keeping the loan CURRENT has the following benefits:

a) Your credit score is not dinged until the short sale transaction occurs (and not at all in most loan modifications) and your overall credit score reduction will be minimized, and b) You will remain in good standing with your lender without worry of penalties, fines, or a foreclosure.

The "con's" of keeping the loan current are that:

(a) You will be out of pocket for the monthly mortgage payment (monies which you may or may not need to survive), and

(b) Your lender may question the sincerity of your claimed hardship, and you may be spending funds that would otherwise be potentially (but rarely) forgiven by the lender. In addition, occasionally the lenders in a short sale may require a lump sum payment above the sale amount from the borrower to forgive the debt. Coming up with that money is sometimes the difference between a deal or no-deal. If you can put your mortgage payments aside and stockpile them, it will help you cover that potential lump sum.

A similar pro/con approach applies to GOING DELINQUENT with your mortgage. In favor of going late is being able to keep the unspent mortgage payments in your pocket (or applied towards other necessities as the case may be) in which event your hardship may appear more sincere to the lender. On the other hand, there are very real consequences to going late with your mortgage payment:

a) You WILL incur late fees and other penalties on the late interest. Usually this is not a large issue as it is part of the forgiven debt in a short sale and usually forgiven in a modification, but it is something to consider,

b) Your credit score downgrade will be harder as you will compound the short sale hit with a 30 day late, 60 day late, etc, (and if this is a modification you will make a non-negative credit score event turn into a negative credit score event), and

c) You will eventually cross a threshold (typical industry standard of 90 days late) where the lender will initiate a foreclosure action in State court.

Going Late on Your Second Mortgage:

Often a borrower comes to us and says that they are late on the first mortgage but current on the second mortgage. The second mortgage is almost always totally upside down with no equity left in the property to secure that financial obligation. The borrower says they paid the second mortgage because they had the money for the smaller payment (second) mortgage but not the larger amount first mortgage. Our answer - if you don't pay the first mortgage they are going to foreclose it and then paying the second mortgage is not going to save your house.

Lately we have seensecond mortgage lenders with 90 day late mortgages skipping the foreclosure process (since if they cause a sale of the house it is sold subject to the first mortgage, and thus any buyer still has to pay the first mortgage, which usually makes no economic sense). Instead the second mortgage lender sues the borrower on the promissory note only and gets a money judgment that they can keep for a long time (20 years in Florida).

So if a client says they are paying the second mortgage but not the first mortgage, we usually suggest they look at the common sense approach and what are they likely to gain or lose by doing so.

Effect of Non-Payment / Late Payment on Credit Score:

This is a big question and nowhere is the answer clear cut. Definitely if you get a report on your credit that you were "late" (in mortgages that means 30 days or more late) then your credit has been "dinged" and your credit score is adversely affected.

Credit scores are used for many purposes, including the amount of credit you can get on a credit card, the interest rate you get on credit cards, car loans and mortgages, your ability and price of life and disability insurance and even car or house liability insurance, your ability to get a certain type of job, or to establish business relationships, and your ability to rent a place to live, to name a few. So credit scores are important. If you want to better understand credit scoring you can see the Federal Reserve Board's Report to Congress from April 2008.

How much your credit score is affected by a 30, 60 or 90 day late report depends on a lot of other factors about your financial well being, your past credit history and myriad other issues. Generally though we have our clients reporting drops of as little as 50 points for a no late payment short sale or up to 150 points for a short sale with multiple late payment reports. We have seen an 800 go to 720 and we have seen a 740 go to 500. It all depends on too many uncontrollable credit issues to be able to give a formula that works for everyone. For a discussion on credit scores this our past article.

Confused?

Rightfully so. The fact of the matter is that we are in uncharted waters and there is no industry standard for Short Sales or Loan Modifications, which makes pinning down exactly what the Lenders may do near impossible. Pile on the fact that there are a large number of lenders out there and each have their own internal policies which change as readily as the tides. The best anyone can hope to do is make an educated decision, set a plan, and be ready for anything.

Copyright 2009 Richard P. Zaretsky, Esq.

Be sure to contact your own attorney for your state laws, and always consult your own attorney on any legal decision you need to make. This article is for information purposes and is not specific advice to any one reader.

Richard Zaretsky, Esq., RICHARD P. ZARETSKY P.A. ATTORNEYS AT LAW, 1655 PALM BEACH LAKES BLVD, SUITE 900, WEST PALM BEACH, FLORIDA 33401, PHONE 561 689 6660 RPZ99@Florida-Counsel.com - FLORIDA BAR BOARD CERTIFIED IN REAL ESTATE LAW - We assist Brokers and Sellers with Short Sales and Modifications and Consult with Brokers and Sellers Nationwide! Shortsales@Florida-Counsel.com New Website www.Florida-Counsel.com. See our easy to find articles at SHORT SALE AND LOAN MODIFICATION TABLE OF CONTENTS

Speechless Sundays: FLORIDA KEYS FLOWERS

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Sun, 05 Jul 2009 10:19:13 -0500

Beautiful flower in the Florida Keys. My photos and real estate services are available to you. Kelly Willey, Broker, Coco Plum Realtors, Inc, Marathon Florida Keys SHORT SALE Specialists and Vacation Rental Managers. 305-289-2212 or Kelly@MyMiddleKeys.com for all your real estate needs. 2009 (C)

Please sen me an email if you decide to use my photo :)

Wordless Wednesday: Beautiful Little Girl in a Dominican Barrio

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Wed, 01 Jul 2009 18:00:43 -0500

If you like this photo I took in the Domincan Republic of this little angel and want to use the photo, help yourself. The photograph and my Florida Keys real estate services are available to you! All the Best! Kelly

FLORIDA KEYS SHORT SALES AND FORECLOSURE SALES STATISTICS MAY 2009

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Fri, 19 Jun 2009 11:43:51 -0500

FLORIDA KEYS REAL ESTATE MARKET, SHORT SALES FORECLOSURES

WHAT CAN YOU EXPECT TO PAY?

FLORIDA KEYS FORECLOSURES MAY 2009

13 Florida Keys Foreclosures Sold
$361,662 Average Sales Price
91% Average percent of List Sold for

FLORIDA KEYS SHORT SALES MAY 2009

9 Florida Keys Short Sales Sold
$388,667 Average Short Sales Price
91% Average percent of List Sold for

ALL FLORIDA KEYS REAL ESTATE SALES MAY 2009

75 Florida Keys Sales in May
$619,680 Average Sales Price
86% of List Sold for

The Florida Keys market had been clogged with an extreme backlog of unsold inventory. In November of 2008 we had 91 months of inventory. Currently we are down to 37 months of inventory in the Florida Keys Real Estate Market. Compared to other parts of the country this is very high but for the Florida Keys this is a substantial improvement.

I am constantly asked by buyers how much they can expect to pay for foreclosures, my research shows time and time again that short sales and foreclosure sell for right around 90% of the list price. If you think you will get a foreclosure for 50% off, you are wrong and wasting your time. These homes are already the most aggressively priced and ready to move.

ALL FLORIDA KEYS FORECLOSURES FREE LIST

FLORIDA KEYS LUXURY REAL ESTATE SITE

NAR New Ethics Rules for Blog Writing

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Wed, 17 Jun 2009 14:39:28 -0500

NAR: Ethics rules apply to blog writing 

WASHINGTON - June 17, 2009 - Under Article 15 of the National Association of Realtors®' Realtor Code of Ethics, members have an ethical obligation to avoid making claims or statements about competitors, their businesses and business practices when they know those statements to be false or misleading. This applies to remarks made verbally, in writing or on the Internet.

The rule has been clarified by a new standard of practice directed to blogs, which will be adopted by the NAR's board of directors. The new standard of practice states, "The obligation to refrain from making false or misleading statements about competitors, competitors' businesses and competitors' business practices includes the duty to publish a clarification about, or to remove, statements made by others on electronic media the Realtor controls once the Realtor knows the statement is false or misleading."

Experts anticipate disputes associated with one part of the standard: "once the Realtor knows the statement is false or misleading." They point out that agents do not have a duty to investigate claims made by people who comment on their blogs, and Realtors do not really "know" anything based on such comments.

They await Case Interpretations to clarify the new standard.

Source: Realty Times (06/16/09) Hunt, Bob

© Copyright 2009 INFORMATION, INC. Bethesda, MD (301) 215-4688

"The obligation to refrain from making false or misleading statements about competitors, competitors' businesses and competitors' business practices includes the duty to publish a clarification about, or to remove, statements made by others on electronic media the Realtor controls once the Realtor knows the statement is false or misleading."

While I wholeheartedly agree with not making or publishing false or misleading statements about competitors, I am a bit concerned with this. If, for example, someone leaves a comment on my blog that is false or misleading about my competitor, will I be in violation of the code of ethics? As our blogs contain more and more posts and we have more and more places to post them it is not feasible for me to police each and every comment that is left on all websites on all my posts. On the other hand, if I were to leave a false or misleading comment on someone elses post and identified myself as a REALTOR(R) then I can see myself being open to an ethic violation.

Bottom line: Do unto others as you would have done unto you. And, do not say or post anything bad mouthing a fellow Realtor(R). We can disagree on practice without assassinating each others character.

Short Sale approval from Wells Fargo Like Birthing a Baby

Foreclosures Short Sales & Luxury Florida Keys Real Estate — Mon, 15 Jun 2009 16:59:36 -0500

After months of indigestion, anxiety and moodswings I finally got loan approval today on a Wells Fargo short sale. I feel like I birthed a baby! I went through the highs of getting a cash offer to the lows of being told the offer wasn't good enough to finally getting the prized bouncing baby bundle the approval letter.

So now as I wait for closing I wonder if I will get post partem depression or post approval blues? At least my indigestion has gone down and my tummy is flat!

I can't imagine the stress the short sale negoiators are under they must have a high suicide rate. But as stressful as they are, like the freak that I am, I really like doing short sales. It's very gratifying to be able to help a homeowner out of a terrible situation and while losing your home is still losing your home at least the threat of foreclosure is gone.

The next few deals I am working on have 2 lenders involved so I guess these will be akin to delivering my twins. But hey I birthed twins I can close a few double lender short sales!

And hey, no stretch marks! Just a few new crow's feet.

Marathon Florida Keys Real Estate Short Sales

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320 13th St, Key Colony Beach, FL

LUXURY SHORT SALE VACATION RENTAL

FLORIDA KEYS FORECLOSURE SALE IN KEY COLONY BEACH: REO SOLD...by an Expert!

INDIGO REEF RESORT MARINA SHORT SALES AND FORECLOSURE STATISTICS

Help me Welcome my Active Rain Virgin Property Manager ;)

FLORIDA KEYS FORECLOSURE, BANK OWNED, REO'S FREE LIST SIGN UP FOR DAILY UPDATES

KEY COLONY BEACH MARATHON FLORIDA VACATION RENTALS, PROPERTY MANAGER

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Marathon, Florida Keys, Monroe County, 33050

63 Tingler Lane

Bank Owned, REO, FORECLOSURE

$274,900

Welcome Ginny & Tom Dumansky to Coco Plum Realtors

FLORIDA KEYS BANK OWNED, REO, FORECLOSURE, KEY COLONY BEACH

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FORECLOSURE, REO, BANK OWNED LUXURY FLORIDA KEYS POOL HOME

FLORIDA KEYS BANK OWNED, REO FORECLOSURE, LUXURY IN KEY COLONY BEACH $399,900

FLORIDA KEYS FORECLOSURE, KEY COLONY BEACH REO, BANK OWNED FLORIDAKEYS REAL ESTATE

Bank Owned, REO in Key Colony Beach, Florida Keys Luxury Pool home

BANK OWNED, REO, Florida Keys Vacation Rental

INDIGO REEF: SHORT SALES, FORECLOSURES AND VACATION RENTALS MARATHON FLORIDA KEYS

Looking for a fabulous vacation rental in Marathon in the Florida Keys, Indigo Reef is the place for you. From the fabulous resort sized pool to the convenient boat slips and spacious homes, no detail has been spared to make your Florida Keys vacation rental in Indigo Reef extraordinary!

Florida Keys Short Sales Top 5 Picks in Marathon and Key Colony Beach

Florida Keys Top Short Sale Deals in Marathon and Key Colony Beach

DUCK KEY SHORT SALE just $299,900 for Florida Keys Vacation Home

FLORIDA KEYS Foreclosures $89,900 to $2,799,000 a Vacation Home for all Budgets

SHOULD I PAY MY MORTGAGE? WHEN SHOULD I STOP PAYING MY MORTGAGE?

Speechless Sundays: FLORIDA KEYS FLOWERS

Wordless Wednesday: Beautiful Little Girl in a Dominican Barrio

FLORIDA KEYS SHORT SALES AND FORECLOSURE SALES STATISTICS MAY 2009

FLORIDA KEYS REAL ESTATE MARKET, SHORT SALES FORECLOSURES

WHAT CAN YOU EXPECT TO PAY?

NAR New Ethics Rules for Blog Writing

Short Sale approval from Wells Fargo Like Birthing a Baby

FLORIDA KEYS FORECLOSURE, KEY COLONY BEACH REO, BANK OWNED FLORIDA
KEYS REAL ESTATE