A couple weeks ago I was contacted by a seller who wanted help listing their home in Aldea Reserve in Davenport as a short sale. They had not paid their mortgage since the beginning of 2010 and were afraid if they didn’t do something soon they were in danger of having the home foreclosed on and they were hoping to avoid that kind of hit against their credit.

Of course I agreed to try to help. We got a letter of authorization and I got in touch with the lender and started the short sale process. We were in the process of listing the home for sale and the lender called to inform me that the home had been scheduled for a foreclosure sale. In two weeks. They also informed me that they would not cancel the sale date unless there was an approval on the short sale. Essentially we were stuck in a rut.

Even if we could have gotten a buyer on board and submitted the whole short sale package they planned to foreclose on the home and were not willing to bend. We got a trusted real estate attorney involved in hopes that he could somehow stall the foreclosure date to give us time to process the short sale. He couldn’t help unfortunately. The owners has just waited too long to start the process and there was no way for him to stop the sale unless they went bankrupt, which they were not willing to do.

The owners hadn’t paid their mortgage in a little over two years. By the time they started looking for serious help with the problem it was too late. Sadly, their home was foreclosed upon yesterday. I feel terrible for them and I know I could have helped them with a successful short sale if they had contacted me earlier and we had time to process the short sale.

If you are in this kind of situation, sticking your head in the dirt and hoping the problem will go away just isn’t the solution. The problem isn’t going anywhere until you take steps to solve it. We can help you with your Davenport Short Sale! All you need to do is call!

Image courtesy of Lehigh Valley, PA at Flickr

Aldea Reserve Davenport Florida is a beautiful community located just 15 minutes from Disney World. It's a great choice for a vacation home and is conveniently located near all of the other Central Florida attractions as well. The homes are stunning to look at, as is the community as a whole.

Currently there are 2 Aldea Reserve homes for sale on the market, both being short sales. There are also 2 homes in pending status, 1 being a foreclosure and 1 being a short sale.

6 homes have sold in Aldea Reserve over the last 6 months with an average time on market of 28 days. Low inventory plus high investor demand equals quick sales.

The 5 bedroom homes were listed at an average of $134,200 and sold for an average of $124,350. The 4 bedroom homes were listed at an average of $97,150 and sold for an average of $96,125.

All 6 of the homes sold in Aldea Reserve were distressed sales, 5 being foreclosures and 1 being a short sale. The highest price home for sale in Aldea Reserve Davenport Florida was $128,700. The lowest price home for sale in Aldea Reserve Davenport Florida was $72,600.

As is the case with many communities in Central Florida, the market values at Aldea Reserve have declined in recent years. In the same time period in 2010 the average sales price for homes in Aldea Reserve was $126,750.

It is now a realistic expectation to buy a 5 bedroom pool home in Aldea Reserve Davenport Florida, very close to Disney, for under $140,000! If you need help with buying or selling a home in Aldea Reserve please get in touch with me, I'd be glad to help.

Last week I showed a home in the Aldea Reserve community in Davenport, FL to a client and they fell in love with it. They wanted to make an offer right away and they wanted to make sure they secured it. We made a good offer and I was fairly certain the seller would be happy when they saw it. I got in touch with the listing agent and then sent it over. The sellers were out of town and she asked if they could have a few extra days before they responded. Sure thing, no problem, I said, just let me know.
 
I hadn't heard anything for 3 or 4 days so I called and asked for an update. She informed me that sometime in the last couple days the house had been left unsecured and things had gone missing. The police were investigating and the home was going to be off the market temporarily. It is apparently pretty obvious that someone with access to the lockbox code left the house open after showing it. 
 
Everyone who showed the house had been contacted and nobody will own up to it. Someone knows how this happened and they aren't telling. Sometimes doing the right thing can be hard. There are times in life when you have to bite the bullet. We all make mistakes and none of us is perfect. I find it sad that this situation came about in the first place. But not being honest about what happened adds insult to injury.
 
Your integrity is everything in life. If you make a mistake...fess up to it and confront the situation head on and deal with it. If you don't, everybody loses. Most of all YOU. Your character is something you have to see in the mirror every day for the rest of your life.