Cape Coral, FL Real Estate News

By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
      Joe Kendall Realtor with Sandals Realty Fort Myers/ Cape Coral Florida writes; I would like to suggest to my Readers, if you are looking for a newer construction home and would like a quick closing compared to waiting on a short sale? Then I would look at the bank owned property, currently listed for sale in Southwest Florida. Here is a list of bank owned property in Cape Coral Florida as an example of your choices! and what the current asking price from the bank. You will need to have a pre-approval letter from a bank and or mortgage company prior to making an offer. If you are paying cash you will need a letter from your bank stating you have funds in a account in excess of the contract price to be able to close on the transaction. Some of these homes do need some work, others a...
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By Colleen Pearsall
(Pearsall Properties Inc)
Cape Coral Real Estate Market Conditions 2-12-2008Here is the 24 hour report for 2-12-2008 activity in the Cape Coral Real Estate market according to the MLS.This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Cape Coral area for local real estate reports and statistics.For more free reports and Cape Coral Real Estate visit http://www.intelligentlisting.com/ New Listings98  Back on Market11  Price Increases7  Price Reductions132  Contingents4  Pendings42  Solds16  Expireds31  Inactives29   SELLERS:  Visit my website http://www.colleenpearsall.com/ for a FREE over the net home evaluation.BUYERS:  Visit my website http://www.colleenpearsall.com/ to be the first to know about hot new l...
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By Beatrice Cooper,
(Finacial Destination )
Investor's return on investment with short sales proves to be worth time expended Many homeowners are finding themselves in a bind as their mortgages mature-which causes their interest rates to rise. While some financially strapped owners are turning to foreclosure, others are becoming more aware of "another way out." Forestalls negative credit reportOwners who accept a short-sale offer from an investor are often able to prevent a negative entry on their credit report.In a short sale, the price of the property-which is less than the amount that is actually owed on the mortgage-must be approved by the lender.But time is of the essence. Homeowners in this predicament must sell quickly to help avoid incurring more delinquent charges. Proof of hardshipThese owners must be able to prove hard...
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By Colleen Pearsall
(Pearsall Properties Inc)
Cape Coral Real Estate Market Conditions 2-7-2008Here is the 24 hour report for 2-7-2008 activity in the Cape Coral Real Estate market according to the MLS.This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Cape Coral area for local real estate reports and statistics.For more free reports and Cape Coral Real Estate visit http://www.intelligentlisting.com/24-Hour Market WatchNew Listings94  Back on Market8  Price Increases6  Price Reductions125  Contingents2  Pendings30  Solds17  Expireds43  Inactives24  SELLERS:  Visit my website http://www.colleenpearsall.com/ for a FREE over the net home evaluation.BUYERS:  Visit my website http://www.colleenpearsall.com/ to be the first to know ...
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By Jay LaGace, Cape Coral / Lee County Real Estate - 239-443-8795
(RE/MAX Realty Team)
Sold 02/01/08Listing # 2007608563710 SE 12th Pl Cape Coral, FL 33904-4759Listing Price: $147,000County: Lee Prop TypeResidentialProp Subtype(s)Single FamilyGEO AreaCC12 - cape cSubdivisionCape CoralBeds3Living Area1260 Tax DataBaths(FH)2 (2 0)Price/Sq Ft$115.08Year Built1978Lot Sq Ft (approx)10542 ((Tax Data))PID00000246440540050Lot Acres (approx)0.242DOM103See Virtual Tour Directions  1: From Coronado & Del Prado - North on Del Prado. 2: Turn LEFT onto SE 36TH TER. 3: Turn LEFT onto SE 13TH AVE. 4: Turn RIGHT onto SE 37TH ST. 5: Turn SHARP LEFT onto SE 12TH PL to Property.Property Information  PRICED TO SELL!!! Updated 3 Bed 2 Bath Solar Heated Pool Home. Features Updated Kitchen, Tile Floors, except 2 Bedrooms where there is Wood laminate flooring. New Roof 8 Months ago, Pool Recently...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
           Cape Coral-Fort Myers Florida Real Estate. The phones are ringing, the buyers from around the country are taking notice of the record amount of homes and condos listed for sale in Lee County Florida with some prices going back to 2003 price levels! Now is the time to buy, don,t get caught setting on the sideline saying I wish I would of Bought my Florida vacation home in 2008! Now is the time to buy! call or eamil today for a complete list of pre-foreclosure and bank owned property up to 1.3 million Dollars! Talk to me about the possibilities of buying New Cconstruction Single Family Home, Condo or maybe a Gulf Access Waterfront Property, starting around $255,000 on up! I will Help you understand the process! Call today ,you will be glad you did! Joe Kendall Sandals Realty 23...
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By Beatrice Cooper,
(Finacial Destination )
Lessons We Learn From GeeseAuthor UnknownNext fall when you see geese heading south for the winter... flying along in V formation...you might consider what science has discovered as to why they fly that way:Fact 1: As each goose flaps its wings it creates an "uplift" for the birds that follow. By flying in a "V" formation, the whole flock adds 71% greater flying range than if each bird flew alone. Lesson: People who share a common direction and sense of community can get where they are going quicker and easier because they are traveling on the thrust of one another.Fact 2: When a goose falls out of formation, it suddenly feels the drag and resistance of flying alone. It quickly moves back into formation to take advantage of the lifting power of the bird immediately in front of it. Lesso...
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By Ray Higdon
(R.L.H. HOLDINGS)
BANK ACCEPTED SHORT SALE IN CAPE CORAL, FL!2005 Built, 4bed, 2bath, 2 car garageOnly $160,000! This is an assignment of contract original contract is $150,000 with Assignment fee of $10,000http://buyahousefromray.com/22nelson CASH FLOWING MULTI-UNITS IN ALABAMA!4-Plex in Birmingham, Al with Mgmt in placeOnly $190,500, Monthly income is $2500+This is an assignment of contract original contract is $186,500 withAssignment fee of $4,000http://buyahousefromray.com/4plex DUPLEX IN BIRMINGHAM, AL WITH MGMT IN PLACEOnly $64,000, Monthly Income is $750This is an assignment of contract original contract is $60,000 with Assignment fee of $4,000http://buyahousefromray.com/duplex Short Sale Bank Approved!!!Here is a great deal in the Cape.  It is a 3/2/2 with 1300 sq ft under air.  Never lived in bu...
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By Beatrice Cooper,
(Finacial Destination )
February 2008 Elective Class Schedule Dear Members,Every month, Prosper offers a number of Elective Classes to students wishing to expand and enhance their educational experience. Some of our most popular classes are available to you at no charge with your active Success Center membership.Take a look at the many Elective Classes that are available to you in February. All times listed as Mountain Time Zone Big Profits in Short Sales by Jeremy BrandTuesday Feb. 5 @ 6:00 PMWednesday Feb. 20 @ 6:30 PMIntro to Commercial Real Estate Investing by John Breedlove Monday Feb. 11 @ 6:00 PMMonday Feb. 25 @ 6:00 PMIntro to Multi-Unit Real Estate Investing by Cary Beagley Thursday Feb. 7 @ 5:00 PM Friday Feb. 22 @ 4:30 PMLease Options by John RadmallThursday Feb. 7 @ 6:00 PMThursday Feb. 21 @ 6:00 P...
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By Beatrice Cooper,
(Finacial Destination )
This has been checked on Snopes.com and it is definitely true. My heart goes out to the parents of this little girl and I pray she is found, and soon. http://www.snopes.com/inboxer/missing/reachelle.asp IF YOUR CHILD WAS MISSING WOULDN'T YOU PRAY THAT EVERYONE PASSED THIS EMAIL ON!!!!! DO THE RIGHT THING AND LOOK AND FORWARD!?Missing Girl from North Dakota !!!!!!!!!! You never know where this email could end up and I'm not going to stop passing this one around if it means a little girl can be found!!! Please spread this picture  You just never know. BEFORE YOU SKIP THIS, LOOK AT THE CH ILD. DO IT AGAIN. NOW SEND IT TO ALL IN YOUR ADDRESS BOOK. IT TAKES 10 SECONDS. PEOPLE ARE MISSING HER AND SHE WANTS TO BE HOME. DO SOMETHING GOOD.             
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By Beatrice Cooper,
(Finacial Destination )
This is too true to be very funny The next time you hear a politician use the word 'billion' in a casual manner, think about whether you want the 'politicians' spending YOUR tax money. A billion is a difficult number to comprehend, but one advertising agency did a good job of putting that figure into some perspective in one of its releases. A. A billion seconds ago it was 1959. B. A billion minutes ago Jesus was alive. C. A billion hours ago our ancestors were living in the Stone Age. D. A billion days ago no-one walked on the earth on two feet. E. A billion dollars ago was only 8 hours and 20 minutes, at the rate our government is spending it. While this thought is still fresh in our brain, let's take a look at New Orleans It's amazing what you can learn with some simple division Louis...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
Florida Future Realty Inc. has successfully listed, negotiated, and sold two Short Sale listings this week.  Two of our Cape Coral Short Sale files closed after recieving their final approval from their lenders.  Short Sale negotiation is definately not for the faint of heart or one with a lack of patience.  It takes skill and a tremendous amount of dillegence and skill to close these properties, but they do close. Over the past year Real Estate Broker Susan Milner, and REALTOR Scott Slocum have developed a solid proven system and implemented this process to successfully negotiate and close multiple short sale pre-foreclosure properties. 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.  Florid...
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By Michael Urbinato, Guidance..Action..Results!
(Platinum Elite Realty, LLC)
Every day I see short sale listings sitting on the market while the buyers pass them by, they don't want to waste their time.....the foreclosure proceedings move forward, the lawyer bill gets fatter....This market has taken the real estate community by surprise...I feel lucky to have been prepared with years of experience doing foreclosure bailouts and arranging lease back / buy backs, and fortunate to have teamed up with Team Dynamic and Gulf Gateway Realty! Again, I encourage any homeowners in a foreclosure to reach out to us for help before the bad situation gets worse,which it will...likewise to other Realtors who lack the expertise to handle a short sale effectively, I'll gladly pay the referral fee upon successful completion of a sales contract.
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By Beatrice Cooper,
(Finacial Destination )
What would my perfect day, week, or month be like?  Where would I be?  Who would I be with?  What would I be doing?  In 5 years what would I like to be doing?  What kind of person would I like to have become?  Where will I be living?  Who will I be spending time with?  How much will I be earning?  What knowledge will I have acquired?  What kinds of experiences will I have had?  What will my typical day be like?Some examples:Wake up to the crisp mountain air coming in the windos of my Tahoe retreat.Invite my family and friends to my own private island.Successfully build a foundation to teach success principles to students, homeless, uneducated, single moms, single dads, and groups that would benefit from them.Go on an African Safari trip.Buy my mom a house and hire a personal helper.The ...
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By Colleen Pearsall
(Pearsall Properties Inc)
 Cape Coral Real Estate Report 1-31-2008 Here is the 24 hour report for 1-31-2008 activity in the Cape Coral Real Estate market according to the MLS.This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information available in the Cape Coral area for local real estate reports and statistics.For more free reports and Cape Coral Real Estate visit http://www.intelligentlisting.com/  24-Hour Market WatchNew Listings70  Back on Market7  Price Increases20  Price Reductions197  Contingents5  Pendings25  Solds23  Expireds77  Inactives16   SELLERS:  Visit my website http://www.colleenpearsall.com/ for a FREE over the net home evaluation.BUYERS:  Visit my website http://www.colleenpearsall.com/ to be the first to know abo...
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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 writes, I get lots of phone calls from people thinking about doing a short sale and asking questions? Like, What is a short sale? Will the bank really work with me?  Well without getting to in depth I just want to briefly go over what is in a bank package of requirements. I can not speak for every bank and they all are a little bit different , but I would like to give you the most common documents that are request from the home owner by the banks.Hardship letter,  Explanation of the owner hardship requesting for assistance, Supporting Documentation, any letter, or form to support a hardship Financial Statement, Form is sent to you from the bank to be signed and dated. Federal Income tax returns, Copy of the last two years with W-2"s Bank State...
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By JOSHUA PAINTER P.A., Selling Paradise
(Remax Realty Partners)
I am wandering if anyone else feels that since the governments are going to have to redo their budgets, the fire departments, police officers, etc will band together to try increase the millage rate?  We just passed Amendment 1 which will make our SOH portable, keeps the 3% rise on homestead assessed property values, and will double our homestead exemption.  For example lets say your home is worth $200,000.00.  According to the lee county property appraiser office estimated taxes will be 3121.00 for non-homesteaded property.  Lets say the market goes up next year and your property now is assessed at 206,000.00.  you will now pay 3215.00 a savings of 94.00.  this estimate was found using the current millage rate of 17.3401.  Now lets see what would happen if the millage rate goes up to 1...
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By JOSHUA PAINTER P.A., Selling Paradise
(Remax Realty Partners)
I am wandering if anyone else feels that since the governments are going to have to redo their budgets, the fire departments, police officers, etc will band together to try increase the millage rate?  We just passed Amendment 1 which will make our SOH portable, keeps the 3% rise on homestead assessed property values, and will double our homestead exemption.  For example lets say your home is worth $200,000.00.  According to the lee county property appraiser office estimated taxes will be 3121.00 for non-homesteaded property.  Lets say the market goes up next year and your property now is assessed at 206,000.00.  you will now pay 3215.00 a savings of 94.00.  this estimate was found using the current millage rate of 17.3401.  Now lets see what would happen if the millage rate goes up to 1...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
       Florida Foreclosure Property, This one located in Cape Coral Florida. This home is a Gulf Access waterfront pool home goes pending after 14 contract offers where made on this home! Who says there are no Home Buyers? And Yes there are Home that are selling and Some people are getting some unbelievable Deals! Now is the time to buy your waterfront home in Southwest Florida. Search hundreds of homes from My Web site www.ViewSwFlorida.com   Search hundreds of waterfront homes from My web site www.JoeSellsCapeCoral.com Sign up for a free Home Buyers Account for access to the local MLS service visit www.Joekendall.listingbook.com     Pending 01/24/08Listing # 2008043195218 Tamiami Ct Cape Coral, FL 33904-5844Listing Price: $230,000County: Lee Prop TypeResidentialProp Subtype(s)Single F...
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By Susan Milner, Cape Coral Real Estate Broker, FloridaFutureAgents
(Florida Future Realty, Inc.)
There is a lot of confusion out there about short sales in our current market - and I'm sure many other markets as well.To clear things up some, I'm going to share a personal experience. In the past week, I've had 3 of our short sale listings close. All three of these short sales were single family homes in Cape Coral, Florida.Yes, they all took just over 100 dom (days on market) start to finish but that is not bad considering how long a short sale can take.  Many 'normal' sales take longer than that.Two of the listings actually would have closed much sooner, but one previous cash buyer, ended up not having cash when it came down to closing day - that wasted some time. And another listing was a similar situation, previous cash buyer *disappeared*  - yep their agent couldn't find them an...
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