Catalina Isles (Merrit Island, FL)
By Leigh Giannotti
(Serving Brevard Realty)
Today’s real estate market has specific challenges we didn’t have in the past. The financial crash produced many distressed properties. Banks foreclosed on homes when the mortgages were no longer being paid. Some owners have chosen to sell homes as short sales rather than losing them in foreclosure.  Credit damage is less severe if you can sell as a short sale VS. losing the home in a foreclosure.   In order to sell your home as a short sale, one of the conditions is that  the owner must have no liquid assets. If they have funds the short sale will not be approved by their lender.   Typically, a short sale has not been maintained well. If the prospective buyer applies for an FHA mortgage in order to put less money down, the buyer and the home has to qualify in order for the mortgage to ...
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By Leigh Giannotti
(Serving Brevard Realty)
Tommy's Pizzeria has opened in Merritt Island in the same plaza that houses Exit Island & Beach Realty. The new owner of Tommy's came by our office the other day with one of his hand tossed cheese pizzas and I must tell you it was awesome! With only a handful of mom and pop pizzerias left on Merritt Island I look forward to having one so close to my work as well as my Catalina Isles subdivision neighborhood. Unfortunately the chains have taken over Merritt Island, but with the brave few non chains that are left I feel as if my pizza eating days are not over. Tony Giannotti is the owner/broker of Exit Island & Beach Realty in Merritt Island Florida. He has lived on Carrioca Ct in Catalina Isles in Merritt Island since 1999 and specializes in the area. He lists and sells many foreclosed p...
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Merrit Island, FL Real Estate Professionals