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Cape Coral, FL Real Estate News

By Chris Canzano, Billion Dollar Broker - Cape Coral, FL
(Villa Realty Group, Inc.)
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...
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By Mike Canzano, Associate Broker / Realtor
(Berkshire Hathaway HomeServices Utah)
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".
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By Susan Milner, Cape Coral Real Estate Broker, FloridaFutureAgents
(Florida Future Realty, Inc.)
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...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
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
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By Mike Kelly
(Sellstate Advantage Realty)
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 ...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
  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...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
   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...
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By Susan Milner, Cape Coral Real Estate Broker, FloridaFutureAgents
(Florida Future Realty, Inc.)
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 in Cape Coral. You can buy a Cape Coral 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...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
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 ...
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By Mike Kelly
(Sellstate Advantage Realty)
Greetings from beautiful Cape Coral, Florida! The latest numbers are out for our area sales in August and depending on your perspective the news is either good or bad! For Realtors the numbers are great because sales increased by 32% from this time last year! There were 684 sales which translates to 1368 transaction sides. It was reported as the largest year over year increase in Florida! For sellers the news was not so encouraging because the median price dropped to$146,900 from $250,800!! Although there are still 15,000 homes on the market it is encouraging to see the increase in sales and the decrease in inventory!  So what can we take from this? If you are in the market for a home in  Cape Coral or Ft. Myers, Florida now is the time to buy! Homes are selling at 1999 prices! It is a ...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
With the large influx of Canadian and Foreign National buyers from around the world entering our marketplace here in Cape Coral / Fort Myers FL some potential buyers are finding out there are limited or no financing opportunites for foreign buyers. I have great news for you... there are presently lenders in Cape Coral FL, specifically a local bank offering such financing for buyers interested in purchasing second homes, specifically single family residences.  This loan product is not available for vacant land, condominiums, or multi-family investment properties. This loan product requires you to make a 25% down payment and finance the remaining 75% of the purchase price. Other necessary information and required documentation includes: Copy of Passport and Visa International credit repor...
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By Karen Nichols, Beach Realtor - Ft. Myers
(Premier Florida Realty of SWFL)
For those of you who will be in the Fort Myers/Cape Coral area this season and for residents who may not be aware of it, Cape Coral has an absolutely wonderful Art Studio located on Coronado, not from from the Parkway, featuring two find art galleries that display work from top local and Florida artists. Year round classes in a variety of mediims are offered, including oil, acrylic, watercolor, sketching and drawing, photography and jewelry making.  Summer camp is also offered for children.   Cape Coral Arts Studio4533 Cornado Pkwy.Cape Coral, FL 33904239-574-0802
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty of SWFL)
There are some amazing deals in the attractive Yacht Club area of Cape Coral.  The properties below are short sales or foreclosues.    A 2/2 with pool, on Canal, Gulf Access, No Bridge:  $259,900 A 3/2 with pool and fireplace, on Canal, Gulf Access, No bridge: $299,900 A 3/2 with pool, on canal. Gulf Acces, No bridges:  $277,800 These are three of the best deals in this particular area. LLoyd NicholsRight Choice Realty LLCRealtorlloydn@aol.com cell: 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/
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
  Joe Kendall, Realtor with Sandals Realty a Waterfront and Foreclosure Specialist writes, This past weekend I was out with clients from Canada looking at Gulf Access Waterfront Property. These homes are located in the yacht Club area of Cape Coral Florida with a very short boating distance to Sanibel Island and the gulf of Mexico.  This area has been hit very hard with the current mortgage crises with several home owners trying to sell their home and avoiding foreclosure. Many of the Banks are also trying to avoiding expense foreclosure costs by considering selling the homes as a bank Short Sale. There are several bank owned property listed for sale here in Cape Coral Florida The majority of the homes in this area of Cape Coral Florida are bank owned property or homes listed in the Pre...
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By Susan Milner, Cape Coral Real Estate Broker, FloridaFutureAgents
(Florida Future Realty, Inc.)
Are you looking for a great deal with a Cape Coral Short Sale or a Cape Coral Foreclosure? We can send you a new list each week for your review. Just select from below what you are looking for and we'll do the rest. The list will be sent via email so make sure your email address is correct! Loading... Yours in Success, Susan Milner Florida Future Realty, Inc. (239) 542-8521 Cape Coral Real Estate Email Susan Copyright 2008 Susan Milner
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By Chris Canzano, Billion Dollar Broker - Cape Coral, FL
(Villa Realty Group, Inc.)
The Cape Coral real estate market which is currently plagued by a record number of foreclosures and short sales now has affected the construction industry which employs so many in this area.  Due to the large number of these distressed properties on the market, many of them available bleow the cost of replacement has meant that it is increasingly difficult for builders to build new homes. The question I hear all the time is why would someone contract with a builder to build a home when they can buy a new never lived in home for less money than the cost of construction.  Even if the buyer really wanted to build a new home so they could have it "their way", it is next to impossible to get an appraisal to substantiate the cost of construction these days.  Banks are cutting prices substanti...
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It has been another big month for buyers in Cape Coral, Florida. The deals are unbelievable! The focus is starting to shift from the entry level homes to the larger waterfront pool homes! In our office the client rooms have been filled daily with buyers from all over! We recently have been receiving a large number of inquiries from German and British buyers!! I spoke to an agent today who has been in the business in Southwest Florida for five years. I asked her," How is business?" She looked at me and with a big smile she said,"I have sold more houses in the first nine months of this year than in any year before!" "Wow. you said the market is bad!" Have a great day! Mike Kelly, Sellstate Advantage Realty, Cape Coral, Florida 239-549-9200  
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By Linda Flack, The Villages is where you retire with attitude
(Realty Executives in The Villages)
I am hosting foreclosure videos in Cape Coral and Fort Myers.  In this amazing new market with these low interest rates and low, low prices I want to give the buying public a glimpse of what is out there.  Each week I will have a house or three for you to look through and I am posting them on YouTube.  The first one is http://www.youtube.com/watch?v=i7L0Iv99Vyc.  I had a few others but there was technical difficulties with the wind.  Each week we are selling amazing homes and amazing prices.  Our buyers are so excited.   But, be warned.  The word has spread and these deals usually have multiple offers.  According to the news, the foreclosure numbers are coming down.  That is good news for the economy in SW Florida.
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By Craig Alexander, Cape Coral Real Estate Expert
(Nautical Realty Group)
The Cape Coral real estate market has obviously seen a lot of changes over the past 24 months.  Home sales are increasing due to the fact that prices are LOWER! Buyers are in command and they have been buying! For more information on Cape Coral foreclosures and Cape Coral short sales, download our FREE Report, "How To Successfully Buy Foresclosures and Short Sales" & "The Ten Biggest Mistakes Buyers Make".
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
      Joe Kendall, Realtor with Sandals Realty waterfront and Foreclosure Specialist writes: This Morning I received a call from one of my clients, and he asked me to send him an email of Gulf Access Waterfront Pool Homes Listed under $250,000 listed in Cape Coral Florida. Many of these homes are listed in the Pre-foreclosure Process and are being sold as a Bank Short Sale. There are also bank owned property listed in this report as well. This report was created on09/09/2008 and will only be accessable for 30days from the date of the report. The Real estate market changes here So if you see some thing here that you have some interest Please contact as soon as possible as this report probbly has changed since reading this report just a few weeks later. You can view the report by clicking...
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