Property Q&A in Sarasota>Question Details

Mike Foote, Both Buyer and Seller in 36693

how firm is the contract?

Asked by Mike Foote, 36693 Tue Jun 26, 2012

i am looking to come to town next week to buy similar property.

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This question is about this property: http://www.trulia.com/property/3085466801-5711-Soldier-Cir-2…

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4
Hi Mike,

This is my listing in Admirals Walk that you're asking about. The rules do not permit me to discuss the terms of the contract, so I cannot answer your question directly. Because it is a short sale, the seller's lien holders must approve the sale and contract terms. This process typically takes up to 2 months. The seller does have a local attorney that has a good track record for successful short sale negotiations handling the short sale negotiations with the lien holders for this particular transaction.

I find it interesting that another agent commented here that they know the contract is solid when they are not a party to the transaction and I have not discussed the terms of the contract with the agent.

If you are interested in Admirals Walk, I do know of 2 other 2 bedroom/2 bath listings that are currently on the market. They are "regular" sales. The listing agent has had difficulty getting access to the units because of lack of tenant cooperation, but it appears things are now being worked out so that the units can be shown later this week.

Admirals Walk, for various reasons, does not meet the criteria for lenders, so all current purchases are cash buyers. If you'd like access to Admirals Walk condominium documents, newsletter and other information, the association web site is: http://www.awcondos.com

Please contact me directly if you'd like more information regarding Admirals Walk and/or my listing there. You can give me a call or email me thru my web site.

thanks,

Diane Christner, Realtor, GRI, SFR
Realty Executives Solutions
cell: (941) 726-7109
http://www.DianeChristner.com
0 votes Thank Flag Link Tue Jun 26, 2012
Hi Mike:

Did you know that Admiral's Walk is an apartment conversion, and that the units have no outside space such as a screened patio or balcony or lanai?

You may find my information for investors useful in helping you select property in our area: http://www.davidbarrhomes.com/investors

Please contact me if I can be of further assistance.

David Barr, Broker Associate
Sandals Realty
Twitter: @sarasota_homes
Blog: homesinsarasota.blogspot.com
0 votes Thank Flag Link Tue Jun 26, 2012
This property is scheduled to close 9/21/12. It is at the bank in the process. The contract is solid, it is in the banks hands, the outcome will not be known for a while. There are other units available in Admirals Walk. I would be more than happy to show you those properties. Please let me know if I can help.
Jeff Eslinger
Eslinger Realty
941-915-9961
eslinger.realty@gmail.com
0 votes Thank Flag Link Tue Jun 26, 2012
IT WENT UNDER CONTRACT MAY 24TH. There are others, I'd be happy to send them to you.

Raffie Hamilton, Broker
Good Life Realty
941-685-2441
0 votes Thank Flag Link Tue Jun 26, 2012
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