lehigh acres: Why you Need to Listen to Your Listing Agent.
- 08/03/11 11:06 AM
I've had my eye on a 3/2 pool home in Lehigh Acres, Florida for some time. I've posted in several of my blogs that I am using my IRA for real estate to purchase income producing investment properties with Entrust Freedom. This 3/2 pool home was listed at a somewhat aggressive price when I looked at it to my thinking primarily because it was an older home, with an older roof, no appliences and short on the sq footage at less than 1200. As a rental that works fine, but I opted for another home, slightly larger, nice pool and backyard, and … (2 comments)
lehigh acres: Time to Get Off the Fence in Lehigh Acres, Florida?
- 07/27/11 08:46 AM
Per Trulia the average price per sq ft of homes sold in Lehigh Acres, Florida went up 5.26% from the prior quarter. Moreover of the 180 homes sold in the last 60 days, the average listing price went up .26%. Lehigh Acres, Florida, long the poster child of the down turn in the housing market is showing signs of life. Buyers and investors waiting for the next bottom to fall out, may find themselves missing an opportunity to score a home in this quiet SW Florida community while the stars are aligned. Mortgage rates are still low, something that cannot be … (3 comments)
lehigh acres: Fun in The Sun!
- 07/25/11 05:24 AM
What do I love about working as a real estate agent in sunny SW Florida? Working in paradise of course!! I work with a lot of clients who are investors looking to take advantage of the home prices in Florida by investing in Florida Real Estate in Cape Coral, Lehigh Acres, and Fort Myers FL. Many of my out of state clients are also looking for vacation homes in Florida now that the prices are so affordable. While looking at a few condos for a client of mine in New York, my husband tagged along and we decided to stop and … (6 comments)
lehigh acres: Simple improvements pay high dividends.
- 07/23/11 06:52 AM
When purchasing investment properties we look at the homes that require minimal cash outlay to update and make move in ready for renters. Some of the same practices can apply to sellers getting their homes tip top shape for the market. 1. Curb appeal: It takes little or no cost to ensure that hedges are trimmed, and the property is weeded. Make sure your renter/buyer's first impression is a positive one. A simple addition of inexpensive flowers in the flower bed or in pots (you can take those with you), will add to the initial warmth and appeal. Try flowers that … (2 comments)
lehigh acres: How to avoid Flip Flops!
- 07/23/11 06:07 AM
There is hardly anyone in the real estate business today that doesn't recall the "flipping" heyday of the pre-market collapse. You could hardly turn the television on without flipping through the channels (pun intended) and running across shows like "Flip This House" on TLC. I used to love to watch the shows myself. My now husband and I are avid DYIers and imagined investing in and flipping homes as part of our semi-retirement plan. Investors who purchase property, fix it up and resale it for a profit are not gone. Well...not all of them are gone. Many investors are still alive … (6 comments)
lehigh acres: Accurate Representation or Shot in the Dark
- 07/22/11 08:54 AM
Recently I was speaking with a client. I had sent him a photo and listing of a home for sale in Lehigh Acres, Florida that I thought was an excellent value at the asking price. It was a very large, new, pool home, on the golf course, with granite everything, fireplace, screened pool/lanai...all for the very reasonable asking price of $169,000, a steal compared to what the house last sold for. The email response later after he did a little research was "Zillow says the house should list for X". I have no idea what X was, nor did I bother to check … (2 comments)
lehigh acres: Delayed Closings Help Buyers Needing More Time
- 07/18/11 03:50 AM
Our Delayed Closing Program helps buyers who need more time, due to minor credit issues. Buyers in the Lee County Florida areas of Cape Coral, Fort Myers and Lehigh Acres can and do get to live the dream of home ownership even if they have suffered a recent short sale, foreclosure or bankruptcy. Our program allows buyers to move into, and live in the home as home owners while they work on repairing their credit in time for closing. Our program is simple. We write an offer with a delayed closing of 6 months to a year. At the same time … (2 comments)
lehigh acres: Understanding How Realtors Get Paid
- 07/07/11 07:51 AM
Buyers need a quick reminder on how and when realtors get paid. I recently closed on an investment property here in Lehigh Acres, Florida, which has many terrific real estate deals as does the rest of SW Florida, for cash buyers looking to invest. My husband was at the property doing a bit of powerwashing when a woman drove up to speak with him about the house. She had been told the house was for sale and was interested in purchasing it..right there..on the spot. He told her it was not for sale, but if she was looking for a home … (9 comments)
lehigh acres: Recently Reduced!
- 07/07/11 07:02 AM
This investor's opportunity in the sunny SW Florida town of Lehigh Acres has just been reduced to $59,000. Currently rented at $750/mo with a lease through 2/12, this property will provide signiicant return for the cash investor. Per the seller, the property has potential to go commercial in the future.
lehigh acres: Using IRAs to fund Real Estate Investment
- 06/22/11 02:29 AM
A terrific opportunity for investors is to use their IRA to fund the purchase of real estate investment properties or to leverage the funding for said purchase. While traditional IRA investments can yield high returns they are left to the ups and downs of the stock market, which we know in recent times has been volatile and with the economic outlook the way it is globally, the market is even more uncertain. The way the Self Directed IRA for Real Estate works is that the investor transfers his/her account to an IRA management company like Entrust who holds the funds on the investor's … (3 comments)
lehigh acres: Taking Advantage
- 06/21/11 07:34 AM
Young families and first time home buyers are taking advantage of the housing crisis and foreclosures to jump ahead in the housing market ladder, or trade up on existing homes. The largest number of buyers of foreclosed homes are still investors. Even with a surplus of inventory, if the prices are compelling enough that real estate investors can come in, make minor improvements and sell the home for immediate profit. Others are holding onto the property and renting it, while waiting for the market to recover. It is more challenging for buyers to obtain loans now than it was during the … (0 comments)
lehigh acres: Foreclosures continue to be an opportunity for buyers in SW Florida.
- 06/19/11 11:41 AM
Foreclosures in SW Florida continue to be a buyer's opportunity. Buyers can save thousands in the purchase of distressed properties. A recent study revealed that foreclosure properties sell an average of 27% less than other similar properties on the market. Owner/Occupants and real estate investors are taking advantage of this opportunity by gaining access to foreclosure lists before they hit the market. Our team of licensed Florida professionals specializes in selling houses that represent a significant cost savings to our buyers in the Lee County areas of Cape Coral, Fort Myers and Lehigh Acres. For a list of foreclosed properties available visit … (0 comments)
lehigh acres: Mortgage Rates on the Rise?
- 06/19/11 09:47 AM
I never like to be reactionary to the latest news, however because mortgage rates have been in a steady decline in recent times I do consider it noteworthy that they are currently on the rise. Per Bankrate, mortgage rates increased this week, following a nine-week streak of declines. The benchmark conforming 30-year fixed mortgage rate is now 4.71%, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.41 discount and origination points. The average 15-year fixed mortgage jumped up to 3.86% and the larger jumbo 30-year fixed rate ticked up to 5.20%. Adjustable-rate mortgages were … (2 comments)
lehigh acres: The Case for Investing in Florida Real Estate
- 03/30/11 03:29 AM
It will come as no suprise to most that home prices in most areas of Florida are undervalued. The good news is that in many areas we are seeing a slow increase in prices. A recent article published by bankrate.com indicated that mortgage rates are slowly on the rise from their historic lows. Add the raising home prices and mortgage rates, and the case for not delaying the purchase of your vacation/investment/retirement home become all the more urgent.
http://www.sandisellsflorida.com Read more about investing in SW Florida here.
http://www.floridahomesinvestors.info Sign up for a free PDF file on investing in Florida Real Estate … (0 comments)
I've had my eye on a 3/2 pool home in Lehigh Acres, Florida for some time. I've posted in several of my blogs that I am using my IRA for real estate to purchase income producing investment properties with Entrust Freedom.
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