short sale: Real estate prices are rising as inventory and interest plummet - 08/08/12 01:40 AM
The Media has finally caught up with what I and many other Real estate experts have noted.  Prices are rising.  Supply and Demand control prices of commodities, and homes for sale (real estate) is a commodity.  Most people tend to think of a home for sale as a product (i.e. a computer, apple, car) but really a house is an assesst that has a value that can change based on market forces. In the past few months I have seen more multiple offer situations on well priced homes, and bidding wars that are reminicent of the heady boom years of 2005-2007. … (3 comments)

short sale: Foreclosures in Florida show no sign of a decline - 05/17/12 12:26 AM
 Wall Street Journal reported today that the amount of seriously delinquent loans is still a major concern despite news of improvements in the real estate market.
Demand for bank owned homes, short sales, and regular sales have never been higher that what we have seen in the past two months.  Inventory of homes for sale in Manatee and Sarasota county have hit their lowest level in years.
As of the first of April, there were less than 3,500 total units for sale in Manatee county.  With almost 900 of those homes going under contract in March, that puts our supply of … (1 comments)

short sale: new refinance program to help underwater homes owners - 02/01/12 01:33 PM
This month President Obama is announcing a new program to help homeowners who want to refinance their home loans to today's lower interest rates but have been unable to do so due to being underwater.
  Right now in Manatee county almost half of the homes that have mortgages on them owe more than the current value.  If you are underwater in your home refinancing to get to a lower payment is simply not possible as any lender would require that the home be appraised, and the loan could not be for more than the current appraised value.   The new loan refinance … (0 comments)

short sale: Help! Short sale held hostage by the association attorney - 01/12/12 03:26 PM
One of the most recent frustrations I am dealing with in closing short sales here in Bradenton, FL has been created by associations that are unwilling to bend on outstanding HOA and Condo fees.  Has anyone else had an association attorney prevent a sale of a home over delinquent fees?
Banks that foreclose on homes in Florida, and are part of a HOA or condo association will get 12 months of fees paid upon the sale.  
In two current short sale files I am representing the HOA fees are over 12 months in arrears, and as part of the negotiations … (4 comments)

short sale: 3316 63rd e st- 149,000 3/2/2 Short Sale, 2003, pool home in Palmetto, FL - 03/22/11 05:47 PM
 
 
3316 63rd East Street Palmetto, FL 34221 149,000M5819997 -- MLS numberShort Sale 3 bedrooms 2 baths 2 car garage.  Nice pool home with over 1800 sqft.  Master bathroom has dual vanities, tub, and seperate shower.  Seperate lviing room, and family room.  All areas open to the large lanai, and in ground pool.  This is a one mortgage short sale.  THe seller has an attorney experienced in communication with the lender. (wells fargo) 
If you are looking for a very nice recently built (2003), low fee neighborhood, no cdd fees, low taxes under 1700 a year, this is worth a look for a nice home for sale in … (1 comments)

short sale: Princple reduction can happen! - 03/18/11 06:00 PM
It finally happened!  One of my short sale customers was able to settle a mortgage for about 1/3 of the balance! 
Almost every person that is upside down on their home, has thought, "Why not have the bank reduce the principle balance to what the home is worth, and let me keep my home from foreclosure?"   
As a short sale agent in Bradenton with plenty of experience most sellers would be able to afford to keep the home if their mortgage payment was reduced to what the new buyer will pay.  Really, principle reduction is every underwater homenowner's wish.  
The bank did their BPO, and about two weeks … (7 comments)

short sale: 609 Sand Crane Court Waterlefe Short Sale - 02/11/11 04:34 PM
609 Sand Crane Court Bradenton, FL 34212Waterlefe Golf And River ClubShort Sale465,000
4 bedroom 3 bath den, 3 car garage, pool 2990 sqft Excellent condition, and upgrades Brick pavers driveway and pool deck Gourmet Summer Kitchen Designer Touches-lighting,window treatments MLS #M5819520 Just listed this Short Sale in Waterlefe Golf and River Club in Bradenton FL.  A great place to live in Bradenton, FL, Waterlefe Golf and River Club has many great homes for sale and this home is worth a look.  Call me, Joe Murphy, with Coldwell Banker Residential Real Estate in Bradenton, FL. 941-780-3260src="https://lh3.googleusercontent.com/q67BGAvq5DdsRTd0OjUurPMozGmBmZnIZtYFgX1hd4CguPK5l6e8YINK2vTTCm_pahva3hVAUptOtqBmTn3Oz2oIC60wU0roiUBdLltYpRAkV9kgoKw" height="427" alt="" width="640" />Short sale- A … (1 comments)

short sale: Another Approved Short sale in Bradenton, FL 99k for a 3 bedroom with a POOL! - 11/09/10 02:04 PM

Just back on the market this week.  The lender, wells fargo, has approved this single lender short sale here in Oak Terrace in Bradenton, FL.
Where else can you get a 3 bedroom, 2 bath, 2 car garage home with A POOL.  This home is going to need a new roof, but other than that, this is a great value for a pool home in Bradenton.
Address is 5606 33rd East Lane
Bradenton, Florida 34203
MLS Number M5814588
1,352 sqft
Built in 1990
On the market since August
This deal took 52 days for an approval from the lender from … (0 comments)

short sale: wells fargo and bank of america finally agreed! Closed another Short Sale in manatee county today. - 09/21/10 03:42 PM
It is always a good day when we close a successful short sale transaction. This one in Heritage Harbour in east bradenton,  was a wells fargo first mortgage and a second mortgage with Bank of America. 
What was unique about this deal was how challenging the two lenders were to get to an agreement.  The time frame for approval from contract date to bank approval was 93 days.  Pretty typical time frame for a short sale with Wells Fargo. 
What was illogical to me was wells fargo not cooperating with the second position lender (bank of america) to  work out … (2 comments)

short sale: I withdrew a short sale listing today. I couldn't be happier! - 09/14/10 09:01 AM
I listed a home this past week in Bradenton, and really she didn't want to sell it.  Those are the toughest appointments.  It's one thing when the seller wants to move, or has too.  But when a seller really loves their home having to put them on the market is not pleasant.  In Bradenton and Sarasota foreclosures and short sales are now accounting for more than 60% of the transactions.  If we can lower the amount of people having to list that would rather stay it will help stabilize the market's downward path.

After seeing her situation a loan modification … (82 comments)

short sale: palmetto fl short sale 4 beds 2 baths 2000 sqft pool fenced yard too - 09/01/10 06:41 PM
Just listed for 170,000. This is a 2006 built home in Palmetto, FL. It's a short sale. It has 4 bedrooms, 2 bathrooms, and a 3 car garage. Nice caged pool, and large fenced back yard. Worth a look if you are looking for a newer home in Palmetto Florida. Needs al little TLC, but it is spacious, and has a great open floorplan and is realistically priced too. For more details call Joe Murphy 941-780-3260 short sale expert in manatee county
… (2 comments)

short sale: Bradenton Short Sale Near the Beach and great condition too - 08/30/10 04:49 PM
Village green in West Bradenton is a great place to call home.  And this short sale is exceptional.  The owner has put a new roof, new garage door,  Nice big back yard with landscaping, and a beautiful lawn.  Updated flooring, and a enclosed florida room, irrigation well too.  Listed for 145,000 this is an exceptional home that is a great value in west bradenton.
 
… (2 comments)

short sale: Sarasota Short sale- central location 2200 sqft - 08/27/10 01:38 PM
If you are looking for a great buy in a central sarasota location, look no further.
 This one has a spacious fenced yard, new metal roof, travertine floors.
It needs some work, but it is spacious and could be an amazing home. Some drywall repairs, a minor roof leak, and installing a new bathroom.
The price has just been reduced now to 119,000. Come and make an offer today!
We have an experience dealing with short sales.
This one should go very smooth with one mortgage with Wells Fargo, and a attorney assisting with the short sale negotiation. Don't be afraid … (1 comments)

short sale: Mint Condition Short Sale in Parrish Fl- Aberdeen - 08/27/10 01:21 PM
Wow!  This is a great short sale deal in Parrish, FL.  If you are tired of looking at rough, and trashed short sale listings you will be surprised at how nice the home is in the Aberdeen subdivision in Parrish.    The address is 3720 38th Ct East Parrish, FL
Open floor plan, like a new home. 
 This really is a move in ready short sale.  Located in Parrish, FL near shopping, and the ellenton outlet mall.   Located on a quiet cul-de-sac in desirable east Manatee County.   
 Open floor plan and 18 inch tile through out. Relaxing master suite with … (2 comments)

short sale: 514 30th Ave east- Bradenton duplex- short sale- great deal! - 07/19/10 06:09 AM
Looks can be deceiving
Would you like a home,  that has a "conforming" apartment that can be rented out? This property is zoned duplex, but it does not look like a "typical" duplex unit.  This could be a great option for someone that would like a home with some income potential.  It could be possible to live in one and rent out the other.  Not a bad idea to really lower your overhead!
  
 
115k Unique Duplex- a short sale  
This is it.  Built in 1979, the home is being sold by the original owner.  It's not perfect, but … (1 comments)

short sale: 6722 64th Terrace East in Whisper Bend Located in a quiet east bradenton neighborhood - 07/16/10 04:19 AM
This home has a comfortable floor plan that flows throughout it's 3 bedrooms, 2 full bathrooms, den/4bdrm, formal living and dinning area's. Large open kitchen with lot's of cabinet and counter space, huge laudry room conveniently off the kitchen, large slider doors opening up from the living room to the screened in lania.  Spoil yourself in the grand master bedroom with his/her walk-in closets, dressing mirror and bench seat, large master bathroom with his/her sinks, garden tub, walk-in shower. This home lies in a sought out location, with less then 2 miles walking distance to Jigs Landing, public Tara Preserve Golf … (1 comments)

short sale: 1219 57Th E St Bradenton- short sale in manatee county - 07/16/10 02:15 AM
Short Sale- located on morgan johnston road. big corner lot, home has a lot of potential, and no deed restrictions either. Great home for a first time home buyer, or as a investment property. Good rental history with current owner. This is a one mortgage short sale with an experienced team to handle all aspects of the sale. Come take a look today! Call Joe Murphy today to see this great Bradenton Short Sale. Joe Murphy is a short sale expert in Bradenton, FL. 941-780-3260 [gallery order="DESC" columns="2"] Listing price may not be sufficient to pay the total of all liens … (0 comments)

short sale: Is your home "under-water"? 4 things you should consider before you do anything! - 06/04/10 12:18 PM

If you own a home in Sarasota or Bradenton.
you could be on of 44%  Sarasota and Bradenton homesowners that is UNDERWATER!  That's almost half!
As a local Real Estate Expert in Sarasota and Bradenton I have compiled  my "top 4 considerations".


If you owe more than your home's value,  you have three choices.
Keep on paying your mortgage. Try and get the bank to modify your loan through HAMP Move. If you stop paying your mortgage eventually you will move. Either as a foreclosure (involuntary) or a short sale. ONE
Can you afford your current lifestyle? Is … (0 comments)

short sale: Approved Short Sale in Bradenton! This can close this month 129k for a 3 bedroom in Sabal Harbour - 05/21/10 12:51 PM
This home just came back on the market yesterday.  The photos were taken today 5/21.  Located in Sabal harbour this is a great deal, without any hassles of typical short sales. Priced at the bottom, we need a full price offer, Call Joe Murphy today to schedule a showing on this great home!  941-780-3260 coldwell banker residential real estate bradenton, fl www.manateemoves.com … (2 comments)

short sale: Model Condition Pool Home in Heritage Harbour - 03/15/10 08:26 AM
 
818 Cedar Harbour Court, Bradenton, FL 34212
You don't see homes this clean come on the market.  It was built and lived in by  the original owner since new.  Clean as a whistle.  It has a realy nice pool area with a heated spa too.
Across from the home you have a "peek-a-bo" view of the golf course, and NO neighbor to look at.
This home is private, and in perfect conditon.  It is a two lender short sale, and we have the experience to get this to a successful close. 
 
Come check it out today.  Joe Murphy 941-780-3260
… (0 comments)