Home Buying in Cape Coral>Question Details

Joe, Home Buyer in New York, NY

I recently sold my business and am loking to purchase a home in cc. I have 100,000.00 in cash and am

Asked by Joe, New York, NY Mon Apr 6, 2009

wondering if there is any seller financing or other financing available yet? need 4 br / gulf access

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4
Good Evening Joe,

I see you are from NY. Are you a yankee fan? I am from Boston (red soxs). Love good baseball. We have the red sox's training camp down here.
Getting to your needs on finding a home here in CC for 100k and financing. Our office has resources with many lenders. Granted the lending industry is tight right now but their are many different programs out there.
My office has 55+ realtors on staff with lots of expertise.
Take a look at our company web site and view our services. I think you will see we can handle your request.
http://www.sellcapecoralflorida.com
Have a great day.
Tony Vadala, Broker
Vadala Realty
0 votes Thank Flag Link Sun Apr 26, 2009
Joe,

Hello. $100K cash may not take you as far into the deal as you may wish to go. In having recently sold your business, you may have extended seller financing to the buyer (i.e., taken back a private note). If so, and you wish to place more money on the table for your new home, you may be able to do so by liquidating your business note. By doing so, you can raise a great deal of cash through this relatively simple process. If you wish to explore this option, contact me. Let's see what we can do to help.

Good luck and success to us all,

Mike

Mike Evans
Grior Financial
Grior Group, LLC
888-767-1926 (O)
720-670-6982 (C)
info@griorfinancial.com / http://www.griorfinancial.com
0 votes Thank Flag Link Sat Apr 18, 2009
You will have many homes to choose from with a sales price of 100k or so. Yes there is financing availible if you choose to purchase something nicer. However, the current financing enviroment we are in will require you to document some type of mothly income. If you just sold your business, this may be difficult unless you plan to get a job down here before you close. In any case, if you do plan to obtain some type of financing, speak with a lender well in advance of looking so you have no surprises.

Kimberly Lang
The Kimberly Lang Team
Keller Williams Elite Realy
239-949-8338
239-677-8773 cel
Kimberly@KimberlyLang.net
http://www.kimberlylang.net
0 votes Thank Flag Link Mon Apr 6, 2009
Hi Joe,
Yes we do have financing here. If you would like, I can put you in touch with a lender I use all the time and he can see if he can help. Be careful with seller financing, we do have some available but you need to look into it carefully. I have heard horror stories of sellers taking a huge down payment and they letting the home go into foreclosure. You need to be sure that the seller does not already have a loan on the property because that could become a reality.
Let me know if I can help,
Nancy

Nancy Doyle
239-209-2237
Search Cape Coral mls http://www.nancyd.listingbook.com
0 votes Thank Flag Link Mon Apr 6, 2009
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