Joe Kendall Realtor with Sandals Realty a Waterfront and Foreclosure Specialist writes, I have discussed over the last 12 months a lot of information regarding foreclosures and bank short sales.I have provided information and the process on helping home owners what direction to take in working with banks and mortgage companies to avoid foreclosure proceedings. I have talked about the process of buying bank owned property, the importance of home inspections and your approach on making offers on bank short sales.
Southwest Florida real estate market has seen better days that is for sure,we are in a area in 2003 through 2005 where one of the fast growing areas in all of the United States ! We have come from a huge building Boom to now a real estate bust ! As people where buying, building and refinancing at a unbelievable rate. Here is a recent live broadcast on NBC Today's Show about Lee County Florida as the "Hot Zone" in this Country of the mortgage melt down !
I remember going to get my taxes done this year and my tax accountant was asking me about the real estate market at the time he told me he was amazed how many people where treating "their home like a bank" and piling on refinancing and home lines of credit like there was no tomorrow ! it was not a matter of if ? But a matter of time when this was going to come to a screaming halt!
The good news is for home buyers that have come and visited southwest Florida over the past 10 years and could not afford to buy a home or condo in southwest Florida for one reason or another, Well affordability has returned and the variety, locations and your choices on construction is endless! If you are thinking about your future and thinking that sunny southwest Florida is for you? Then now is the time to act! Get in on the Hot prices as soon the word well get out and everyone from around the country will be focused on southwest Florida and trust me the cycle will slowly start again.
Search Thousands of Homes in the Foreclosure Process at www.joekendall.listingbook.com
Joe Kendall, Realtor Sandals Realty
Phone 239-560-0726 Fax 239-236-0422
Discover southwest Florida www.ViewSwFlorida.com
Search Homes in Southwest Florida www.JoeKendall.listingbook.com
Read Joe's Real Estate Blog www.SwFloridaRealtorsBlog.com