Invest your cash in SW Florida Real Estate
Cape Coral, FL Are you concerned about what to do with your cash in light of the current economy? Have you considered investing in real estate?
Are you looking for an investment property? Second home? Retirement property? SW Florida was hit hard with the decline as we experienced such a high in the boom.
You can now purchase great homes in Cape Coral under $75,000! You can purchase gulf access vacant land under $75,000!
You can buy a gulf access condo under $150,000. You can buy a gulf access single family house under $200,000.
Looking at a smaller investment? You can buy an off water vacant lot in Cape Coral under $15,000!
These are just some opportunities that are available.
Real estate is safe. So long as you pay your taxes your investment is very secure.
If you’d like to chat about the possibilities of investing in real estate in SW Florida: Cape Coral, Ft. Myers and Lehigh Acres feel free to call me.
I can be reached at 239-218-2229 or via email at Susan@SusanMilner.com
You can also search for real estate: Lee county real estate for sale
I look forward to working with you!
Yours in Success,
Susan Milner
Florida Future Realty, Inc.
Your Future In Florida Awaits!
Cape Coral Real Estate | Lee County Market Heats Up
Properties in Lee County that are selling is on the rise. Values may still be declining but the amount of sales are up. And WAY up.. Soon I’ll have the numbers for August 2008 vs. August 2007 but take a look at the numbers comparing July 2007 and July 2008.
I broke out the short sales because in our MLS short sale yes/no is a mandatory field. I was unable to get exact figures on bank owned properties because checking off ‘foreclosure’ in not a mandatory field and many do not check it on the bank owned properties. I would guestimate that half of non-short sales were bank owned, but that’s just my guess.
Total Residential Sales (Just out of MLS):
July 2007 ~ 553
July 2008 ~ 980
Residential Short Sales Sold in Lee County:
July 2007 ~ 12
July 2008 ~ 124
As you can tell the number of sales are up as are the number of short sales. Many agents and customers are still believing that ‘nothing is selling’ or that ‘short sales don’t close’ but we beg to differ. Many properties that sold went for above list price because they were priced very competively and the buyers had to fight over them.
You can search for all of the properties available in Lee County right online from the comfort of wherever you have internet access. Our website contains a user friendly real estate search engine and is 100% free to use. Go ahead, check it out: Lee County Real Estate Compare properties, see photos, get notified of new listings that match your criteria, save your favorites, schedule showings and more!
We look forward to hearing from you!
Yours in Success,
Copyright 2008
Susan Milner
Florida Future Realty, Inc.
239-542-8521
Cape Coral and Fort Myers Lead Nation in Foreclosures
Cape Coral and Ft. Myers lead the nation in foreclosures. It is estimated that 1 out of every 64 homes in our area are in some state of the Foreclosure process.
Cape Coral pre-foreclosures/short sales and Cape Coral bank owned/foreclosed properties are our speciality right now.
If you are interested in buying a pre-foreclosure or foreclosed property in Cape Coral or Fort Myers, Florida, let us know. We’d be glad to show you what is available in Lee County near your price range.
Or, you can search online anytime on our very user friendly website: Find Cape Coral Real Estate!
We look forward to hearing from you!
Yours in Success,
Florida Future Realty, Inc.
(888) 764-6665
(239) 542-8521
copyright 2008 Florida Future Realty, Inc.
Cape Coral Bank Owned Homes
Cape Coral has its share of bank owned homes for sale. We have several of these homes listed at our Cape Coral office.
We also show other real estate office’s listings as well. Each and every month we help buyers buy bank owned properties that were listed for sale through our Multiple Listing Service.
Often times this process can take a while to find that right house for the right price. But having a real estate agent on your side to help you through the process can make this process easier.
Our agents have been trained in foreclosure sales. They are out viewing properties every week to keep up to date on the best deals out there.
Sometimes something you like may already be pending but we’ll help you find the next best deal. Often times we find a ‘diamond in the rough’ left unnoticed by many other buyers.
When it comes to purchasing a bank owned home in Cape Coral and surrounding areas, it pays to have an experienced agent on your side.
Feel free to view our website to search available homes for sale. We’d be more than happy to answer questions you may have.
And our agents will never pressure you into anything. We will work with you until the time is right.
You can search all of the bank owned homes currently for sale right on our website at:
http://cape-coral-homes.listingbook.com/
24 hours a day, 7 seven days a week, log on in the privacy of your own home or office. Leave us a note if something interests you or if you have any questions.
We look forward to working with you.
Yours in Success,
Susan Milner
Broker/Owner
Florida Future Realty, Inc.
http://cape-coral-homes.listingbook.com/
Toll Free 888-764-6665
Local: 239-542-8521
Cape Coral Real Estate – Cape Coral Short Sales
The Cape Coral real estate market is quite intriguing these days.
As many have noticed, there are plenty of short sales and bank owned properties for sale in Cape Coral.
We get calls every day from buyers asking about short sales in Cape Coral. Some of these Cape Coral buyers have been reading a lot on the internet and some have spoken with many different real estate agents as well. Funny thing is, they are getting plenty of different answers about how short sales work. Some advice they get about Cape Coral short sales is good. And some advice not so good.
Our office has a system in place to handle the short sales in Cape Coral. At times negotiating short sales can be trying. It is a lot of work but they are closing.
I wanted to find out how many short sales were actually closing in Cape Coral so I did some research. I pulled the information from the Ft. Myers MLS. So of course, this is not inclusive of EVERY sale in Cape Coral. Some may have been handled in other MLSs or possibly by owner or through an investor.
But this does give us a GOOD IDEA of what is going on in Cape Coral.
Today is 4/29/2008. I pulled the data from 1/01/2008 through yesterday 4/28/2008. I’m sure many closings will take place today and tomorrow since we are at the end of the month. I’ll update that in a few days.
During this time period, 999 residential properties have closed in Cape Coral. This includes single family homes, condos, town homes, villas and manufactured homes. It does not include multi-family properties or vacant land. Of those 999 sales, 878 were NOT short sales. They may have been bank-owned (previously foreclosed on) or they were sold directly from the seller.
121 of the homes sold were labeled as short sales. I went through a lot of these listings and found a handful that were labeled as short sales for some reason but were actually bank owned. So I’m sure this # is off a bit. But then again, some of them that were not labeled a short sale might have been short sales.
Garbage in = Garbage out. Overall though, this is a fairly accurate portrayal of the truth.
So what does this data mean? In my opinion
1) Not everything selling in Cape Coral is a short sale – only about 12% of sales are in fact, short sales.
2) Short sales do SELL. I know there are consumers out there and even some real estate agents who don’t think they are selling. But here’s proof that they are.
3) MANY PROPERTIES ARE SELLING IN CAPE CORAL!
We may still have quite a bit of inventory to absorb but overall we’re doing A-OK. In fact, many of these short sales, bank owned properties, and well priced typical sales are actually obtaining MULTIPLE OFFERS. Something that has been going on recently and was nearly unheard of since the peak in 2005.
If you are looking for a great buy in Cape Coral, Florida, contact us today to learn more about this truly amazing market. I’m no fortune teller but the facts speak pretty loudly here!
The price range of these Cape Coral real estate properties ranged from $39,000 all the way through to $1,700,000! Hence, we have a home in Cape Coral for EVERY price range!
Active as of today 04/29/2008
Total in Cape Coral: 5,524
Short Sales in Cape Coral: 2,107 (38% of actives are short sales)
Prices ranging from $39,000 through to $8,000,000
Search these Cape Coral properties now!
What about those Foreclosures & Short Sales in Cape Coral?
Foreclosures in Cape Coral are abundant at the present time. Are they good deals? They certainly can be. Do you know when it is a good deal or when it is a bad deal? Do you have an agent representing YOUR best interests?
When you buy from the bank you will most likely be buying as-is. That may or may not be a problem.
When you buy from a seller they’ll probably be willing to make any repairs & they’ll most likely provide you with a seller’s disclosure. In any case, anything NOT disclosed could come back to that seller. With a bank, they’ll make you sign pages of addendums releasing themselves of any liability.
If you are savvy in real estate construction maybe this won’t matter to you. If you are not, be careful & ALWAYS HAVE A HOME INSPECTION. Even on brand new homes.
Short sales are bought from the seller but in order for the bank to approve it they’ll most likely also want the property purchased ‘as-is’.
Learn more about the Foreclosure issue in Cape Coral.
Sometimes Foreclosures are not the best deal.
Yours in Success,
Florida Future Realty, Inc.
Cape Coral Foreclosure Expert
Are you facing Foreclosure? Please don’t be a statistic. Call us for help. We can sell your home before it goes back to the bank. This will be less of a hit to your credit.
If you have equity in your house it will be very easy. If you happen to owe more on your house than what it could be sold for we can still help.
Depending upon your circumstances we can negotiate what is known as a ‘short sale’.
Feel free to contact us to see if you qualify & how we can assist.
Please don’t ignore this. We understand & have helped many others in the same situation.
Visit our website at The-Extreme-Team.com or call today: 1/888-764-6665 ext 189
Cape Coral Short Sale
Cape Coral Pre Foreclosure
There is no doubt that foreclosures on the rise here in Cape Coral, Florida. The statistics are showing more & more homeowners facing foreclosure.
We currently have a database of Cape Coral homes for sale that are facing foreclosure. We work with the banks to negotiate short sales when the owner owes more than current Cape Coral market value. Some of these Cape Coral homes may need work but many of them are in move in condition.
If you’d like to learn more about Cape Coral Short Sales or Cape Coral Foreclosure please visit our website below.
We get new inventory of Cape Coral homes every week so please check back often.
Cape Coral Seller Financing
Seller Financing – Advice for Sellers
My suggestion to the looming mortgage problems…..is seller financing.
Why? Soon many would-be home buyers will not be able to obtain financing to buy a house. Lenders are tightening up as investors are being more cautious with lending.
Would be home buyers will either be renting or buying with seller financing.
There are many options to seller financing.
You could offer part or all (depending upon your current mortgage) of the financing to the buyer.
You could offer to sell the home on a lease option or lease purchase. This could assist the buyer into fixing up their dinged credit, earning more income, saving a substantial down payment etc. in the next year or two.
Then they’ll hopefully be qualified for a decent loan program.
If you have a property to sell & you would consider seller financing we should talk.
We can list, market & sell your house while you sit back & relax!
We’ve all reviewed the scary closing documents that tell us we will be paying back over $500,000 for a $200,000 house. As a seller holding financing, wouldn’t you like to sell your $200,000 house today, collect mortgage payments for 30 years & end up making $500,000? Obviously, we all know that the owner will most likely refinance or move before 30 years are up but in the meantime why not earn an extra 7-10% off the sale of your home?
Having this extra option will make your home much more desirable in this current market.
Florida Future Realty, Inc.
Susan Milner
(239) 542-8521
Susan@SusanMilner.com
Cape Coral Real Estate
Florida Future Realty, Inc.
239-542-8521
888-764-6665
FloridaFuture@gmail.com
