Cape Coral, FL Real Estate News

By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
        1418 se 32 Street  3 bed 2 bath located on 120 ft Wide Canal Asking $249,900 !      www.SandalsRealty.comJoe Kendall Realtor "Waterfront Specialist " with Sandals Realty writes, Waterfront property in and around Cape Coral Florida continues to showif you realy want to live on waterfront property with access to the Gulf ? Buyers are finding some great choices! Last Sunday, I had an open house and I was talking to a couple looking to buy and they are having a difficult time not finding a home but what one to purchase? The gentleman's wife said I wish I could afford to buy two or three and its very hard to decide on one! The water-views,locations,updates, pools, huge kitchens, I could go on and on she said! "it's very hard to decide on what ones the best for us! I suggested she tak...
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By Susan Milner, Cape Coral Real Estate Broker, FloridaFutureAgents
(Florida Future Realty, Inc.)
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 finan...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
That's right folks... can you believe it??? Cape Coral Homes Under $140,000 Yesterday I met with a real estate investor here in Cape Coral to go and look at single family homes for under $140,000.  To my amazement there were actually quite a few on the market.  One home was bank owned and was only $139,500... WOW...  With the number of foreclosures, short sales, and bank owned properties increasing on a daily basis here in Southwest Florida there truly are some amazing deals to be found. This particular home was not a short sale either.  With the great number of short sales on the market they are some amazing deals, but this particular investor wasn't looking for that type of real estate, so we weren't looking at them. This home was basically move in condition.  It did need a new stove,...
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty of SWFL)
One of the major attraction of living in Cape Coral is living near a boat ramp, being on fresh water and of course having a home with gulf access, either on canal or smack on the river.These days with the market adjusting, owning a single home on a gulf access canal is much more affordable. Waterfront properties in cape Coral are a way of life. It is an exciting time for these of you who are looking for that dream home in South West Florida but do not want to be taken to the cleaners, and still, want a quality home in a great location.  The choices varies tremendously.One thing for sure: there are 489 Active single homes under $500,000 with gulf access in Cape Coral as of August 2, 2007 listed on the MLS. A terrific choice.The prices range from:   $327,500 but I saw that home and would ...
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By LLoyd Nichols, Southwest Florida Homes By The Sea
(Premier Florida Realty of SWFL)
Cape Coral Market report of single homes sold between July 1, 2007 and July 31,2007- The ideal price to sell would be between $180,000 and $299,000 taking from 81 days to 105 to sell. Not such a long time considering its a buyers market.What does it mean? Sellers have adjusted their prices and that is the only way to sell in the Lee County market.Granted you ask the right price and work with the right Realtor in Cape Coral your home will sell in a decent amount of time. This is also a word of caution to these famous buyers who are staying on the fence.If they do see a property which they would like  to buy, they "cannot" wait that long. Cape Coral beach    Summary Price InformationMinimum $127,500Maximum $1,650,000Average $269,031Median $234,000SoldSelling Price Range Quantity     Avera...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
     Joe Kendall Realtor "The Service Specialist"   It's not about me, It's all about You!Joe Kendall Realtor with Sandals Realty 239-560-0726 writes, I was with clients last Sunday showing homes in Lehigh Acres located in Lee County Florida. I was out showing new construction homes, we looked at several new construction homes located thru out western area of Lehigh Acres. The client asked me, if Lehigh Acres had any communities, I could show them? Well on Sundays with most real estate offices are closed. I stated it might be hard getting a hold of someone? But lets drive thru the neighborhood and you can tell me what you thinK?  I have been talking about the real estate market here in southwest Florida being a buyers market! Well when I started driving down the streets in this developm...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
  Joe Kendall with Sandals Realty writes, I received a call yesterday from a gentelman in upstate New York Area, he was asking me . What is the best Value for my money to buy and hold for a couple years? I am going to use the home as a vacation/ second home while I do some updating and enjoy the home, so when I retire in a couple of years and move to southwest Florida, I have a home to keep or resell and get something better in the future? This day and age I told him, your best value could be just about any type of home as long as you do a little home work and make the right offer! But if it was me, if your asking my thoughts? Past history and the current market today shows the best value is being located on the widest, best access and the best water view for the money! Sailboat Access ...
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By Joy & Shane Goushaw
(Sandals Realty)
Although some do need it more than others...  TLC, the "TenderLoving" Care Complex is located in Cape Coral, Florida.  TLC was incorporated as a Not for Profit Organization in 1995 by the founder and executive director, Sherry Magness.  The "TenderLoving" Care Complex is a Christian Foster Care Home program designed to wrap its arms around hurting children and their families.  Much of the work that TLC does is spread through word of mouth and numerous families in the community have been helped by volunteer foster families, mentors and the funds that have been raised to provide food and clothing for the children.  On July 28, 2007 TLC installed their new board members for 2007.  Among the members of the board is my husband Shane Goushaw standing tall and handsome, with the goatee and bro...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
When you go to vote in the Presidential primary to choose who will run our great nation... there will also be another vote that is just as important.  This vote will be for the new Super Homestead ExemptionNew Tax Plan... JUST SAY NO !!! Just say NO to the new tax plan on the superhomestead exemtion.  This amendment will steal millions of dollars from our school systems (Thats right... there is no exemption for schools), local goverments, and state government. This plan is an attempt to correct the present 3% cap on property tax increases on real property that are presently homestead exempt. So with the new and flashy homestead exemption you will pay a significant amount less.  For example my taxes would be reduced from approximately $3600.00 to approximately $1200.00.  So at first glan...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
Florida Tax Reform: As you all know we recently avoided a major disaster here in the State of Florida with tax reform.  The politicians grand plan to provide HUGE amounts of tax relief to the public failed, and also placed additional financial constraints on existing and growing communities throughout the state of florida.  Thank goodness they didn't kill our local governments by dropping the tax rates like the rogue plans that House speaker Marco Rubio wanted too. The tax relief that was provided to the people came in several different options to the public that the local governments could choose which option worked best for them in their particular situation. Option 1) Run with the same amount of advalorem tax money they did the previous year effectively lowering the millage rates if ...
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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 received a verbal offer today,(70,000 UNDER ASKING! lol) and I had a discussion with a buyers agent after showing one of my listings after that discussion, I started thinking about this real estate market in southwest Florida, which we all know remains a buyers market. Today it truly reminded me of the game show "the price is right"! Guessing what the sellers bottom line might be? then standing in line to make the next guess on the next item, in this case its a waterfront home not a household good. Home buyers are feeling out sellers motivation for selling and looking for the deal of the century and guessing what the sale price could be?  If you look hard enough, do your home work ( like I tell my 17 year old Daughter) your pot of gol...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
Florida Drought and National Crisis Looming!!! We know that in Florida we have two seasons, the wet season, and the dry season.  If you've been living in Florida for a while you might know these seasons as Hurricane season, and Fire season. As a Firefighter Paramedic I offer this additonal professional information for your review in an effort to keep to you safe. Throughout the State of Florida this year we have been experiencing a drought of record magnitude.  I don't think we ever thought we'd see news stories about the state hiring a company to clean the "muck" out of the lake bed of Lake Okeechobee since it's pretty empty right now with about a 5 to 10 foot depth... yes that's right the largest lake in South Florida  is that shallow. It will take Florida years to recover from this e...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
Good Afternoon, I wanted to pass along some very important information to you that could save your life, the life of a family member, or provide you with vital information in a timely and efficient manner.If you live in the City of Cape Coral... and this only applies to those of us that reside in "The Cape" you need to register your phone number with the cities reverse 911 system known as Code Red. If you don't live in the City of Cape Coral check with your local office of Emergency Management to see if the program is available in your area.I had registered a while back and when the City of Cape Coral issued their emergency boil water advisory I was notified within minutes that our cities water supply had been deemed unsafe for human consumption.So many people complained they had a dela...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
I went to an appointment this evening with an associate and of course since we're in real estate and since real estate is a vital aspect of our community it's a topic that everyone is excited not only to talk about... but they also offer their own "Expertise" on how the real estate market is or isn't doing, and what something is or isn't worth. The best way to buy, sell, or consult is to use a realtor.  Think about it... the last time you bought or sold a home did you use a realtor?  Even realtor's use realtors... If you didn't you must have gotten one heck of a good deal right... or didn't that deal turn out quite the way you had expected it too... "Copyright © 2007 by Scott Slocum. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed without ...
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By Scott Slocum, Scott Slocum & Associates 239-222-4800, Cape Coral
(Florida Future Realty Inc.)
The News-Press had a great article out this morning talking about our continued real estate saga in Southwest Florida.  What is the reality of the situation why homes aren't selling?  Owners are still stuck on the prices of yesteryear and are "Holding Out" for that buyer "Who will definately see the value in their home and purchase it." Of course those same sellers that are holding out for the big glass of milk, want to be the low baller buyer and get another seller to contribute the world to them once they enter the buyer side of a potential transaction. Buyers are out there and I have worked with several this year.  They ask for homes in certain ranges, and that's what I show them.  I show them the "Best Deals" on the market... the homes that are priced accordingly with our market pri...
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By Joe Kendall Broker, It's Always best to talk to "Broker Joe"
(Keller Williams Elite Realty )
                View down 200 Foot wide canal        View down 80 foot wide canal      View down disappearing edge pool  Joe Kendall Realtor with Sandals Realty "Waterfront Specialist" writes, I was recently was talking with a past client last week over dinner on his Lanai. We got onto the subject of the lot prices and the different water views in Cape Coral. He said, I am always amazed even today, the different water views that are here in Cape Coral ! You can have 4-5 different type views on the same street he stated. I told him that is the hardest thing for people to understand from coming from  looking to buy here and they drive down streets and notice prices for homes on the same street for a similar style, size and year build home may be a difference of $10,000 in asking price! Wh...
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What's 100% of nothing? Most people in the Cape have this doom and gloom attitude regarding the real estate market in Cape Coral. Sure, if you followed the Ralph Kramden philosophy of getting rich quick and applied it to the Boom of 2004 and 2005, then yes "Bang Zoom Alice"  The wave behind you went smiling all the way to the bank.  This is Cape Coral not Miami Beach. Hello McFly!! If you read the Sunday paper there is a list of homes sold each and every week. If there weren't any homes sold that would warrant some concern! What this market crash did was weed out the paper chasing crew. We have, in it's wake, a clean slate, a new beginning.  It's no longer in the hands of some Richie Rich flipper. Now the dust has settled and there aren't too many cooks in the kitchen, so to speak.  The...
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AQUA Properties just came across this blog and wanted to pass it along. Building in Cape Coral a Homebuilders Perspective   Where do I begin with this mess? We are homebuilders in the cape, and cannot believe what is going on out there. The general public and Florida lawmakers need to be aware of this situation. If you drive around the cape and see alot of unfinished homes, have you ever wondered how that transpired? Well, let me tell you!Situation #1 Customer comes into the builders office and wants to sign up for a home. Customer signs on the dotted line, gets there loan.....sometimes the bank is on the NOC/sometimes not! The price of the home is divided into 5 draws. Builder gets a deposit draw does work, then gets another draw. Builders are having subs do work, getting draws, and th...
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Law of Attraction Seminar - Viewing of the Secret Cape Coral Yacht Club 5819 Driftwood Parkway Cape Coral , FL 33904 Thursday, July 26th 6:30pm-8:30pm We are having a special viewing of the smash hit law of attraction movie, 'The Secret'. There will be several panel members on board as we watch the movie, make our comments and how they apply to situations around us and have a great time! We will provide popcorn and drinks and this promises to be a very beneficial night for those interested in learning more about the law of attraction and how those in SW Florida are applying it to their daily lives. There will be a special reduced rate for this night only! Only $5 for Non-Members and Free for Members! Ray HigdonForever Wealth Clubhttp://www.ForeverWealthClub.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 Sandals Realty, Talk to Joe! The "Waterfront & New Construction Specialist"  The summer time here in southwest Florida offers some outstanding sunsets! We normally get a afternoon brief shower or thunderstorm in the late afternoon hours which some people call "Liquid Sunshine"! as many places the sun is still shining! As the day comes to an end in southwest Florida, the clouds seem to help produce some of the best sunsets you will ever see! Buy a home with a western exposure and enjoy evenings on your lani and the "Sunsets Are Free!" I sell the Florida lifestyle! let my experience work for you in finding your dream home here in southwest Florida! The locations and choices have never been better! Call or email me today for a complete list o...
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