Home Buying in Melbourne>Question Details

Bernie Hayden, Home Buyer in Beacon Falls, CT

Hi, My wife and I live in Connecticut. We’ve been visiting Melbourne for 25 years and wish to buy property

Asked by Bernie Hayden, Beacon Falls, CT Mon Jul 21, 2008

there (close to the river if possible). Our thoughts are either to buy investment (rentable) property, or rentable property we would eventually move in to. Our home in Conn. has a bit over 200k of equity and we have some cash set aside for down payment. The problem is, going through all the listings of foreclosures and short sales it’s tough to figure out what’s a scam and what’s for real. Quite a few of the sites I’ve been to want me to buy a subscription..? If a real estate company wants me to buy a home from them why would they require me to also pay for a subscription?
Any advice pointing me to a reputable resource to help in this endeavor would be very much appreciated.
Bernie Hayden

Help the community by answering this question:


Hi Bernie,

#1. Stay away from anyone who is charging you something for advice in real estate. There are plenty of professionals out there who can help you.

#2. Don't ever think that forecllosures and short sales are the best deals in town because they are not.

#3. If you want to deal in real estate, use a pro, i.e. a REALTOR!!!
1 vote Thank Flag Link Mon Jul 21, 2008
Hi Bernie,
As you already know Melbourne is a great area, not only to visit but to also live there. Melbourne unfortunately did not miss the negative turn in the market. They were probably one of the hardest hit areas in the Florida. They have a large number of foreclosures and short sales that are actually flooding the market. With that being said it is also a great time to get a deal. Some "foreclosure sites" that do charge fees I would stay away from. There are not really real estate companies they are just websites that generate money by providing "specialty services". There is no need to use one of these companies. It is much easier to work with a Realtor that can help weed out the good and the bad situations for you. As a buyer it is free for you to work with a Realtor while shopping for a home. It is a great deal for you because they can listen to all of your wants and needs, do all of the leg work, filter out the properties that do not fit your needs and then send you the properties that do work for you. What a deal!
I would be happy to listen to what you would like in your house in Melbourne and help you with the search.

If you would like to email or call me we can open a window of communication where I can find out more about what you and your wife would like to buy. I look forward to talking to you soon!
Mike Schwiebert, REALTOR
Watson Realty Corp.
Web Reference: http://www.MrOakleaf.com
1 vote Thank Flag Link Mon Jul 21, 2008
Bernie Hayden,
If really want a birds eye view of where there houses are located, then check out http://www.Agent321.com Its probably the most advanced MLS search in the county. If have any questions, then email me at nick@agent321.com
Web Reference: http://www.Agent321.com
0 votes Thank Flag Link Thu Aug 7, 2008
Hi Bernie!

Hi: I have created this link http://www.brevardmls.com/brv/maildoc/b006S31461.html for you so that you will be able to view specific information on some great deals in the Melbourne area very close to the beach and the river around 200k. Take a look at this link too in order to find out more about our firm and what we have to offer you as home buyers: http://www.palaceproperties.org/. We look forward to hearing from you.

Mark Palace, CEO/Founder
Palace Properties International, Inc.

About Us
Our mission is to provide the best service possible to our customers and clients and to be ever mindful of your needs. We achieve true success only by placing you first.
Palace Properties International is a member of the Chamber of Commerce, Melbourne Area Association of Realtors, Florida Association of Realtors, National Association of Realtors, World Properties, Home Builders and Contractors Association of Brevard (HBCA), Florida Home Builders Association (FHBA) as well as the National Association of Home Builders (NAHB).
Whether you want to invest in California, Virginia, the Carolinas, Florida or elsewhere, we look forward to working with and for you, your family and your friends regarding your and their real estate pursuits. We take advantage of our elite and prestigious professional real estate network of top producing, pre-qualified Realtors that specialize in their respective geographical areas.
Company history
With a rich and diverse international background, the staff at Palace Properties International speaks nine languages, has lived and traveled in over 20 countries and possess multiple advanced postgraduate academic university degrees. Kelly and Mark Palace own the firm along with several other thriving businesses in central Florida.

Local Area Information
Come visit one of America's best kept secrets and you will truly fall in love with our subtropical paradise!

Just 35 miles east of Orlando, Brevard County prides itself as the home of Kennedy Space Center, the only facility in the world that launches the Space Shuttle; Port Canaveral, the second-busiest cruise port in the world; 72 miles of beautiful Atlantic Ocean beaches; and the largest collection of endangered wildlife and plants in the continental United States. With its tropical weather, cultural activities, educational opportunities, active and passive recreation options, high-technology industries, and family-friendly atmosphere, the Space Coast offers an exceptional quality of life that residents and visitors enjoy year-round. Nearly 500,000 people call its 15 municipalities and unincorporated areas "home."

Tucked in among the other beach communities of Brevard County, Indian Harbour Beach sits on two square miles of land between the Atlantic to the east and the still waters of the Indian River Lagoon to the west. Beachfront parks are a great place for a picnic (most have running water to wash off the sand before you replace your flip-flops) and Gleason Park offers 27 acres surrounding a beautiful lake, with exercise trails, lit by Victorian lights in the early evening. Tennis is available on city courts and baseball and soccer fields are available at the city’s million-dollar sports complex.

Mark, you truly are the Somerset Oceanfront Specialist. I really appreciate the way you have worked with me as an owner of two units. I know listing with you is the right choice as you are well connected both in the local community and to the international buyers. Each time I talk to you, it seems you have my best interest in mind. Thank you!” S. Veal, MD 03/22/08
- Dr. Steven Veal, Medical Doctor and Real Estate Investor 3/23/08

I met Mark Palace at the Curves Vibrant Womens Conference and decided to have Palace Properties help me find a place to rent or buy. He had a place within an hour and I could see it that evening after work. Mark works hard for his clients and always kept in contact with me by e-mails and phone calls when I needed to talk to him. Never had to wait long for a call back. He is very professional, courteous and respectful. There are some realtors out there that should take lessons from Mark Palace, Palace Properties.
- Patricia Kane, BRPH Architects/Engineers, Inc 7/24/07
0 votes Thank Flag Link Thu Aug 7, 2008
Hello Mr. Hayden,
I live in Melbourne and I'm a realtor. I really would like to help you and work for you to find the home that meet your needs. I promise you all my help, patience & communication. Any question please don't hesitate to contact me at PattyEstates@hotmail.com
Take care, Patty
0 votes Thank Flag Link Fri Aug 1, 2008
Hi Bernie!
The advice I would give you is to talk to a Realtor® in the area that you are interested in buying. All Realtors® have the ability to find all foreclosures in the Multiple Listing Service ( MLS ) that meet your criteria, and for FREE! I work in Brevard County and my office is located in Melbourne. Currently we have around 700 listings that are labled as Bank/Corporation owned and around 1500 Short Sales. Bernie if your looking for a list of foreclosures or short sales or traditional sellers ( they are now competing with the other two ), then please email me at nick@mitchrealty.com. We are #1 in the entire Brevard County area in closed transactions with buyers in 2007 ( #1 out of 500 registered Real Estate companies ). Talk to you soon!
0 votes Thank Flag Link Tue Jul 29, 2008

We agree with other posters on the issue of buying "property lists." You are right to question this. We also recommend avoiding this option.

Additionally, it is our recommendation to avoid "short sales" because of the length of time and uncertainty involved in this process.

Our recommendation is to focus your attention on foreclosures or regular sales. A good agent will be able to help you find the right opportunity. We woulld be happy to refer you to someone that will assist you and provide quality service with your specific needs in mind.

Good lock,
The "Eckler Team"
Michael Saunders & Company
0 votes Thank Flag Link Wed Jul 23, 2008
Hi Bernie,
My name is Leah and I was born and raised in Melbourne. Your best bet is to contact a reputable realtor in Melbourne. In the state of Florida you may have an agent represent you at No Cost to you!! Is it the same in Connecticut?
The other responses were correct when they say "Stay away from wesites that want to charge you money". If you would like a reference to some good agents, I know plenty, considering I lived there for over 25 years.
Please contact me at Leahprovenson@bellsouth.net or call me at (404) 310-7144.
I look forward to helping you out.
Have a wonderful evening,
0 votes Thank Flag Link Mon Jul 21, 2008
Bernie GREAT question and welcome to Trulia

I recommend not purchase any of these foreclosures listings most have out of date info. or properties unknown if they are truly a foreclosures. Since foreclosures, short sale, preforeclosures as HUGE BUZ words across the country many are taking advantage of potential buyers

If you work positively with a real estate agent I am assured solutions to all of your questions could be resolved. http://www.lynn911.com http://www.homes-for-sale-dallas.com
0 votes Thank Flag Link Mon Jul 21, 2008
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