Are You Ready to Purchase a Cape Coral Short Sale?
With an influx of Short Sale properties entering the market throughout Lee County, foreclosures are on the rise throughout Cape Coral, Fort Myers, Lehigh Acres there are plenty of properties available for purchase... but are you as the consumer prepared to buy such a property.
The first step is to not only be pre-qualified which is a quick look at your credit score, your income, and your debts, but I would highly recommend a pre-approval and loan commitment from your lender prior to even starting to look at a property whether it's a short sale or not. This means you have already gone through underwriting with your loan file and the only conditions left to clear on your loan file would be the review of your appraisal.
The second step is to work with a REALTOR® who knows what they're doing with Short Sale properties. The REALTOR(S)® of Florida Future Realty Inc. have become very experienced in Short Sale pre foreclosure properties in Lehigh Acres, Cape Coral, Fort Myers, and Naples Florida. We have closed Short Sales successfully and are ready to work with sellers of such properties and buyers looking to purchase these properties.
The third step is to be prepared to wait 30 to 60 days for negotiation of the short sale to take place on the pre foreclosure property and to realize that at some times the negotiation may not be successful as there is no crystal ball to say that the lenders will allow a customer to short sale their pre foreclosure property.
Trust the judgment of your REALTOR® when placing an offer on these properties. Have them pull comps to see if the price is a dream or reality. You may be in a position where you will want to bid over or under the listing price depending on the comps, the days on market, and activity on the individual property.
If you are interested in purchasing a Short Sale, Bank Owned, REO, Foreclosure, or Foreclosed properties in the Cape Coral, Fort Myers, and Lee County FL area contact me today. Also stop by the links below to start your search for these great deals.
The good news is that over the past few months' lenders have been recruiting significant numbers of BPO agents throughout the tri-county region of Southwest Florida including Lee, Charlotte, and Collier County to perform their own assessments of the short sale pre foreclosure properties to prevent them from going back to the banks through the foreclosure process and become bank owned properties of REO properties so there are homeowners in the properties taking good care of the homes and keeping them looking nice instead of being abandoned.
The additional good news is that we have closed and successfully negotiated many short sales.
If you are ready to purchase or sell your property as a short sale pre foreclosure property in Fort Myers, Cape Coral, Estero, or Lehigh Acres contact me via phone at (239) 340-1384 via e-mail Scott@FloridaFutureAgents.com and search these amazing deals on my website at www.ScottSlocum.com or www.CapeCoralRealEstateandLand.com
Scott Slocum
Licensed Real Estate Sales Associate (REALTOR®)
Primary: 239-340-1384
ScottSlocum@FloridaFutureAgents.com
www.CapeCoralRealEstateandLand.com
"Copyright © 2007 by Scott Slocum. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed without the written consent of the author."
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