So I just got off the phone with a guy who said he wanted to buy a house in Cape Coral, told me he had $40,000 and he wanted a newer home built after the year 2000 with a minimum of 1500 Sq ft and it needed to be in move in condition.......
Well after I picked myself up off the floor and found the phone that flew out of my hands while laughing so hard, I explained to this potential investor that there was no way that he was going to get what he wanted, unless the home had chinese drywall and even then the $40K price tag was pretty much oot of the question.
He then tells me that he has been researching our area for several weeks and that there are over 10,000 homes for sale in the City of Cape Coral...
Ummmm, I just fell off my chair again......
Without even looking to be 100% for sure I told him that there was no way that this was possible... He said, what do you mean, I am looking at a website right now that tells me there are 10,556 homes for sale in Cape Coral.....
WRONG!!!!!!
I pulled up the MLS, Cape Coral only, Single Family Residential homes for sale at this time are 2628....
Big difference from 10,000 huh????
I then did a search for him, all of Cape Coral, Single Family Residential, Built 2000 or newer priced under $70,000 and what kind of # do you think I got from the MLS???
The # was 100, thats correct there are 100 Homes that fit his criteria, but hey that # includes short sales too, so lets try again....
So now we have a total of 40, yes thats correct, 40 homes under $70,000 built 2000 or newer...
Now there are some of these that have chinese drywall, some are 1/2 built homes, so what is the real # you ask????
The real # is 29 Homes built in Cape Coral , 2000 or newer priced under $70,000.....
There is so much bad information out there it is imperative that you work with a local Realtor who knows what they are doing.
Cape Coral is a Great place to live, if we can help you in your search for the home of your Dreams, or an Investment home, Please give us a call.
