A recent news article regarding the Cape Coral Foreclosure crisis had city officials stating they were contemplating using the $7,000,000 to purchase and rehab up to 80 homes in the City of Cape Coral and re-sell them to home buyers.The City of Cape Coral could find much better things to do with the $7,000,000 that just buying and selling 80 homes.  Banks are having a difficult enough time trying to move properties they presently own.  Keep in mind that the bank owned homes will sell... they always have sold... and they always will.  Banks will liquidate these homes if necessary, but the home exteriors need some sprucing up to speed the process along.  As part of the agreement to recieve the money the City of Cape Coral does have to buy a certain number of homes to rehab and turn them a... 10/20/2008

Because of the tremendous response from Buyers we are attracting with the Cape Coral Home Vultures website a seller that has picked up several Bank Owned Properties has contacted us to sell several Cape Coral Foreclosures.  This home is ready to go and you will not have to go thru the effort of a Short Sale.  As you can see below this home is neat and clean and ready to go.    As a comparison the the home at 427 NE 20TH ST, Cape Coral,FL  recently sold for $107,446 and is smaller than the one above.  This sold home is within a mile of the home above.    Contact me for more information on this Cape Coral Foreclosure and many more.     Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales... 10/20/2008

  In an article published in the New York Times written by Warren Buffett several key points can be applied to Cape Coral Real Estate   A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value. Indeed, the policies that government will follow in its efforts to alleviate the current crisis will probably prove inflationary and therefore accelerate declines in the real value of cash accounts.   The really smart people see this as a great opportunity to buy Cape Coral Real Est... 10/17/2008

As reported in the News Press today:   35,000 people expected at OktoberFest By MARY HAWK It's a party of all things German at the 23rd annual Oktoberfest, which opens Friday at the German-American Social Club of Cape Coral. It's six days of Gemuetlichkeit (comfort in a festive atmosphere) for the next two weekends with singing, dancing, food, games, entertainment, fun and beverages for the whole family. "This year we expect around 35,000 people," said Rick Heins, Oktoberfest spokesman. "Last year, we had around 26,000 to 32,000 people." The fun begins at 4 p.m. Friday, followed by a Grand Opening Parade at 8 p.m. Greeting those at the fest will be Ms. Oktoberfest Barbara Gennity. Gennity is 41 years old and works as an administrative receptionist/fitness instructor at the city of Sanib... 10/16/2008

Update on Countrywide home loan short sales:   We have had much success in dealing with Countrywide Home Loans. And we will still help you with your Countrywide Short Sale. If you need help feel free to visit our site for more help on a Countrywide Short Sale.   Did you hear the most recent news though? Countrywide is now going to add verbiage to their short sale approval letter allowing them to RESCIND THE SALE OF SHORT SALE ON THE PROPERTY if they determine there was any fraud involved. Can you imagine being the buyer and thinking everything was fine & then 5 years later (statue of limitations on fraud - from date of determination) finding out that they were rescinding the closing? Crazy. And, Title Insurance specifically EXCLUDES coverage for this type of issue.   Previous post:   I ... 10/15/2008

I had a chance to preview a bank owned property in Cape Coral.  What can you buy for less than $90,000.  This home has: 5 Bedrooms 3 Bathrooms 2065 sq. feet of living area oversized lot Just another example of a great opportunity on a Cape Coral Foreclosure.   Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make".   10/14/2008

You Can't Judge a Book By It's Cover...$120,000 List Price I was previewing a townhome in a gated community for one of my clients yesterday and was amazed by 2 things.   How many excellent opportunities there are for buyers.  Those that don't act now will probably wish they did in the future.  The townhome I viewed was in great condition and was LISTED for less than its replacement cost.  I emphasize 'listed' because there's a great chance it can be purchased for less...if not much less than the list price. Anytime you can buy properties for less than the replacement cost, you know you are buying right. Like many things in life, you can't judge a book by it's cover.  This short sale property was listed in the Multiple Listing Service (MLS) with a single picture of the front.  That's all... 10/14/2008

This past week I visited a Cape Coral Short Sale.  This home appears to never have been lived in and is priced at $102,000.  At that price the home is Below Replacement Costs.  The features of the home include over 1700 sq. feet of living area with 3 Bedrooms and 2 Baths. Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make". 10/14/2008

The Snowbirds are Coming.... The local paper, the News-Press did a quick study of more than 429 residents who flock to Southwest Florida every year. They found: Nearly 40 percent of those responding expect to arrive this month; more than 60 percent said they'll spend about as many dollars as they did last year. What does this mean? People still want to be where the sun shines, the temps. are warm, and there is abundant access to waterfront activities. These reason have always been the reason to come to Cape Coral and will continue to be so in the future. Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make". 10/13/2008

Property Case Address Price Bed/Bath List Date Bid Deadline Priority 092-783639 634 SE 10TH PLCAPE CORAL, FL 33990 $112,100 4/3 10/10/08 10/19/08 Owner Occupant(Investors bid on 2008-10-20) View Map   View Property Details Property Case Address Price Bed/Bath List Date Bid Deadline Priority 092-917577 1126 SW 1ST TERCAPE CORAL, FL 33991 $109,250 3/2 10/10/08 10/19/08 Owner Occupant(Investors bid on 2008-10-20) View Map   View Property Details Property Case Address Price Bed/Bath List Date Bid Deadline Priority 092-879609 120 NE 24TH AVECAPE CORAL, FL 33909 $105,000 Price Reduced 3/ 2 10/10/08 10/14/08 Owner Occupant(Investors bid on 2008-10-15) View Map   View Property Details Property Case Address Price Bed/Bath List Date Bid Deadline Priority 092-907790 501 NW JUANITA CTCAPE CORAL, F... 10/12/2008

The Number One Reason to Live In Cape Coral Water! There are approximately 400 miles of canals within the City. Of this, approximately 295 miles are considered as freshwater and about 105 miles provide access to the Gulf of Mexico. There's just no place like it. Where else can you walk out your back door, get in your boat, and spend a day at some of the most beautiful beaches in Florida. Or, if your preference is recreational fishing, the opportunities are endless. People will drive for hours to go to the Keys and we have it in our own back yard. Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make". 10/12/2008

Good News.  NBC news this week spotlighted Lee County, Cape Coral in particular, in a good way.  The emphasis was on what a great time it is to buy a home.  Brian Williams of MNBC featured the "good news" and presented Cape Coral as a place where one can purcahse nice homes at affordable prices.   Brian Williams Report:    http://www.msnbc.msn.com/id/3032619/#27087106   Pending Home Sales Up Nationwide:   http://www.msnbc.msn.com/id/3032619/#27084154   LLoyd NicholsRight Choice Realty LLCRealtorlloydn@aol.comcell: 239-810-2980Fax: 239-463-4826home office: 239-463-5217Active Rain Blog: http://activerain.com/lloydn Website: http://www.mlsouthwestfloridahomes.comWebsite Blog: http://ftmyershomesandgardens.blogspot.com/ 10/11/2008

North Cape Coral is on the Move! I was up in the North Cape area and the sense while driving around is that things are happening!   Del Prado Blvd is being widened in anticpation of the new growth   The Publix Plaza at Del Prado and Kismet is nearly fully occupied and the parking lots are full with shoppers   The newly built Island Coast High School is complete and there are plenty of kids enrolled at this school. Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make". 10/10/2008

14 Seconds To Change Your Life   So there I was, sitting back relaxing last Saturday night watching the T.V.  Flipping the channels and not really finding anything interesting when I came across CBS’s version of MMA (Mixed Martial Arts) called Elite XC.  Now before you all stop reading because you think it is barbaric there is a point to this.     CBS has placed a fighter, Kimbo Slice, up on a pedestal as the best of the best.  Those who follow MMA we beg to differ!  Kimbo was scheduled to fight Ken Shamrock, a long time veteran, in what they were billing as the fight of the night.  Unfortunately, Ken Shamrock, got a cut over his eye earlier requiring stitches and the State of Florida would not allow him to fight.     Kimbo has touted that he is afraid of no one and would fight any man... 10/09/2008

Last Night on MSNBC Brian Williams reported that people are back in the SW Florida market buying again.  This confirm exactly what I have already been seeing for some time now.  For the last several months in 2008, over 400 homes per month in Cape Coral have been selling. Compare this with most of 2007 when only about 150 homes per month were selling in Cape Coral.   Unsure how to buy a Cape Coral foreclosure or Cape Coral Short Sale? Download our special FREE Guide, "How To Successfully Buy Foreclosures and Short Sales" and "The Ten Biggest Mistakes Buyers Make". 10/09/2008

What to Expect when you are expecting to buy a short sale   So, you are expecting? Expecting to buy a short sale? Short sales are handled much differently from traditional sales. Here we will go over the differences to help you through the process.   The first thing to consider: Your time frame for purchase   Do you have enough time to wait for an answer? Short sales can take 30-60 days to receive an answer. We've heard horror stories of it taking 5-6 months in some cases as well. This could have been due to a number of factors that we cannot thoroughly cover here.   The next thing to consider: Choosing a Real Estate Agent   Have you found a real estate agent who has the knowledge to guide you through the short sale process? Ask them questions like "have you helped a buyer purchase a sh... 10/09/2008

Now is the time to purchase Southwest Florida Bank Owned Foreclosure's & Bank Short Sale Property ! Search bottom pricing on New Construction & Resale Single Family Homes and Condos, including Waterfront Property! Search hundreds of homes in Cape Coral, Lehigh Acres, Lee County Florida ! Foreclosed, Pre-Foreclosure and Bank Short Sale! visit www.joekendall.listingbook.com 10/07/2008

I hear this question daily in Cape Coral,"Have you hit bottom yet?" I guess that is the million dollar question! Well here is a little insight, today on the MLS I found a home in Cape Coral for less than $50,000! That is right- LESS THAN $50,000! Wow!! The lot that that home is on probably sold for more than $50,000 a few years ago! I heard that someone sold a lot 3 years ago for $79,000 and they recently sold the lot again for $85,000! The difference- this time the lot had a 3 bedroom, 2 bath, 2 car garage home on it! So is it now safe to say we have hit bottom! We tried to find a corporate owned home today for under $100,000 that did not have multiple offers on it and found it next to impossible! Most all of the REO's under $100,000 are in multiple offer situations! As I told someone ... 10/06/2008

  Discover Cape Coral Florida a Waterfront Community ! Search  Bank owned &  Pre-Foreclosure Property   Joe Kendall, Realtor with Sandals Realty a Waterfront and Foreclosure Specialist writes, This past weekend I was out showing bank owned property in the Yacht Club Area of Cape Coral Florida. This area of Cape Coral offers the avid boater quick access to the river and the gulf of Mexico ! Several of these prime waterfront llocations are curently listed for sale as bank owned property or as a Pre-foreclosure/ bank short Sale. This mornings price changes in our local mls listing service has Gulf Access Waterfront Property as low as $164,900  These pictures are of a few of the homes we toured last weekend some of the homes had pools, docks and boat lifts. Some of these homes have had some... 10/06/2008

   Joe Kendall, Realtor with Sandals Realty  a Waterfront and Foreclosure Specialist writes, I know some people maybe thinking about moving some of there investments from the stock market to bottom priced, bank owned property. One good investment is Gulf Access Waterfront Lots as a long term investment. Currently I have found around 25 buildable gulf access waterfront lots from 41,000 up to 99,000 and many of these are bank owned property.  If you have an interest in bank owned waterfront Property? Please fell free to email me at joek4realestate@aol.com or call me direct on my cell phone at 239-236-0422 I look forward to hearing from you. Joe Kendall, Realtor Sandals RealtyPhone 239-560-0726 Fax 239-236-0422Discover Southwest Florida at www.ViewSwFlorida.comSearch Homes in Southwest Flo... 10/01/2008