Help is on the way for the City of Cape Coral which has had a number of foreclosure, short sale, bank owned, and REO properties throughout the course of the past few years.
U.S. Senator Mel Martinez announced yesterday that the State of Florida will be receiving just over $541 million in Federal Foreclosure Aid. Of the $541 million in Federal Foreclosure Aid being distributed to the State of Florida, the City of Cape Coral will be receiving just over $ 7 million dollars or $7,065,483.92 to be exact.
The money can be used by the City of Cape Coral to maintain or even purchase abandoned homes, and homes that have become eyesores in neighborhoods. The funds can also be used given as downpayment and closing cost assistance to low and moderate-income homebuyers. The vision of the Federal Foreclosure Aid is that through proper maintainence of these homes they and the surround homes in the neighborhood will retain their values and not lower values in the same neighborhood.
If you are in financial distress and have thought about selling you home as a Short Sale to avoid foreclosure, follow this link for assistance. Florida Future Realty Inc can help you and your family. We are a proven leader in our community when it comes to listing, negotiating, and closing short sale properties for our customers.
If you are interested in purchasing a Bank Owned, REO, Foreclosure, or Foreclosed properties in the Cape Coral, Fort Myers, and Lee County FL area contact me. Also stop by the links below to start your search for these great deals.
For more information about a future purchase, call me direct at (239) 340-1384 or via email at ScottSlocum@FloridaFutureAgents.com.
Scott Slocum, REALTOR®
Licensed Real Estate Broker Associate
Florida Future Realty Inc.
2816 Del Prado Blvd South, Unit 2
Cape Coral FL, 33904
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