Home Buying in Cape Coral : Advice

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Michael Cheng, Real Estate Pro in San Jose, CA
Michael Cheng answered:
. I've looked at homes in Cape Coral, Rotonda, and Port Charlotte on the internet. Will I need a different agent for the different areas?
The answer will depend on the local agent. Sometimes the agent is working at a brokerage with coverage in multiple areas. If you can't find one like that, then it makes sense to get s ... more
0 votes Share Flag Mon May 28, 2012 Home Buying in Cape Coral
Frank Glaab…, Real Estate Pro in Cape Coral, FL
Frank Glaab PA answered:
Is there a Cape Coral seller that would trade for an RV?
Jww,

There are some people who would do things similar to this, but it is rare that we see these. I can definately keep a lookout for a seller that would consider a trade and let you ... more
0 votes Share Flag Fri May 11, 2012 Home Buying in Cape Coral
Douglas Robn…, Real Estate Pro in Cape Coral, FL
Douglas Robnolte answered:
is there a comprehensive listing of homes for sale with chinese drywall issues?
There is not one that I know of but we aleays have buyers do home inspections and any proplems like these are easy to spot.

The year in which it was built can be an indicar=tor.
0 votes Share Flag Sat Jan 4, 2014 Home Buying in 33914
Susan Callah…, Real Estate Pro in Fort Myers Beach, FL
Susan Callahan - 239-896-6342 answered:
Is there a build year that one can be sure that a house was built before the Chinese drywall issue? Is CDW noticeable ? Thanks!
Not every builder used CDW and it's very noticeable !
Primarily homes built between 2003-2008 are suspect, but that doesn't mean they all have it. In some instances there was only a f ... more
0 votes Share Flag Tue Nov 19, 2013 Home Buying in Cape Coral
Steve Geving…, Real Estate Pro in Cape Coral, FL
Steve Geving 239-573-1400 answered:
selling a short sale at the last step?
Yes, it is possible. Departments within the banks do not communicate well with each other. I have seen homes go to foreclosure with an approved short sale.

Steve Geving
(O) 239-57 ... more
0 votes Share Flag Thu Apr 12, 2012 Home Buying in 33991
Linkpin Real…, Real Estate Pro in Temecula, CA
Linkpin Realty answered:
I am a "back up" buyer in a short sale and my offer is much higher than the original one. how I make sure the bank is actually seeing my?
Like with any other offer the Seller (Person that has the name on Title) is the one who chooses the buyer, the offer does not have to be the highest in terms of dollars or terms. If a l ... more
0 votes Share Flag Sat Jun 16, 2012 Home Buying in 33991
Elva Wormley, Real Estate Pro in San Jose, CA
Elva Wormley answered:
If you have a chapter 13 open, can you get a house financed if the trustee has given her approval? We filed in Ohio and are living in Florida.
Hi Chris,

Yes, you will need a 12 month payment history from the trustee to show that you have been making your payments on time.

I suggest you speak with a mortgage professional ... more
0 votes Share Flag Tue May 22, 2012 Home Buying in 33990
Margaret Has…, Real Estate Pro in 33544
Margaret Hassani answered:
Can you possibly purchase a home and get it financed with an open Chapter 13?
I don't believe it's possible to get a loan through conventional channels with and open Chapter 13. I could be possible with hard money, a high down payment and a high interest rate.
0 votes Share Flag Thu Mar 22, 2012 Home Buying in Cape Coral
Reggie L Blo…, Real Estate Pro in Cape Coral, FL
Reggie L Blough PA answered:
Are prices on the rise in Lee County Florida?
Yes. Have been since 2009. For those waiting for the bottom....that train has left the station.
0 votes Share Flag Wed Jan 9, 2013 Home Buying in 33909
Steve Geving…, Real Estate Pro in Cape Coral, FL
Steve Geving 239-573-1400 answered:
I agree the gulf access homes will appreciate quicker, but what about the gated communities like Sandoval?
Though gated communities are desirable, many people choose Cape Coral so they do not have the restrictions of a HOA. I think your best dollar appreciation will come from Gulf access an ... more
0 votes Share Flag Fri Mar 16, 2012 Home Buying in Cape Coral
A.j. Ackerman, Real Estate Pro in Cape Coral, FL
A.j. Ackerman answered:
What areas in Cape Coral are likely to appreciate in the next 5 years?
Great Question!

First and foremost, none of us have a crystal ball or can see into the future. With the uncertainty of new foreclosures, election year, and uncertainty of internatio ... more
0 votes Share Flag Sat Apr 7, 2012 Home Buying in Cape Coral
Danielle Sha…, Real Estate Pro in Cape Coral, FL
Danielle Sharp answered:
how long do you have to wait for short sale approval?
The bank does not see the contract until the seller accepts an offer. Unfortunately there is no set timeline right now for an answer from the bank on whether or not they will accept th ... more
0 votes Share Flag Mon Mar 19, 2012 Home Buying in Cape Coral
A.j. Ackerman, Real Estate Pro in Cape Coral, FL
A.j. Ackerman answered:
Question of the Day: What makes a great buyer's agent
Tip #3: How to Choose an Agent

Real estate agents have gotten a bad reputation as “salespeople” who hold selfish interests in your home.

On the other end of the spectr ... more
0 votes Share Flag Sat Apr 7, 2012 Home Buying in Cape Coral
TERRY MCCARL…, Real Estate Pro in Cape Coral, FL
TERRY MCCARLEY answered:
What's the typical process when buying a short sale?
The process can take as little as 30 days for approval to as a long as a year or longer. Who the lender is, who the negotiator is, how many loans are involved etc...all determine the t ... more
0 votes Share Flag Mon Mar 5, 2012 Home Buying in Cape Coral
Steve Geving…, Real Estate Pro in Cape Coral, FL
Steve Geving 239-573-1400 answered:
What are some tips for first-time home buyers?
Spend within your comfort zone. Do not let anyone convince you otherwise. It doesnt matter if you can qualify for a larger loan amount, no one knows your lifestyle like you.

A seas ... more
0 votes Share Flag Fri Mar 16, 2012 Home Buying in Cape Coral
Joe Sansone, Real Estate Pro in 34145
Joe Sansone answered:
Which costs are potentially negotiable in closing costs
Everything is negotiable but traditionally in Lee County the buyer pays costs associated with the loan and home inspections and the seller pays costs associated with selling the propert ... more
0 votes Share Flag Sun Mar 4, 2012 Home Buying in Cape Coral
Danielle Sha…, Real Estate Pro in Cape Coral, FL
Danielle Sharp answered:
What are some surprises that first-time buyers encounter when purchasing a home?
Hmmm.....the cost of buying a home (and I don't mean purchase price). Inspections, appraisal, closing costs, repairs all of it adds up really quickly.

The process itself is typ ... more
0 votes Share Flag Fri Mar 2, 2012 Home Buying in Cape Coral
James Sommers, Real Estate Pro in Cape Coral, FL
James Sommers answered:
IM FROM NY....IM 51 WOULD THE SE PART OF CAPE CORAL BE MORE ACTIVE ..AS OPPOSED TO THE OTHER QUADRANTS ?
The SE portion of Cape Coral can be more active because you are closer to many of our amnities. For example the Yacht Club is very walkable and it has our first beach, fishing pier, te ... more
0 votes Share Flag Mon Feb 27, 2012 Home Buying in Cape Coral
Danielle Sha…, Real Estate Pro in Cape Coral, FL
Danielle Sharp answered:
is a 10 day inspection period too long in Cape Coral? I'm a buyer and it seems to take a while to get someone to go out and get the job done!
I always write for 7 days. Not every inspector is unwilling though......I highly highly (did I mention highly?) recommend Artie Moxham. Extremely thorough job, fair price, great repor ... more
0 votes Share Flag Tue Feb 28, 2012 Home Buying in Cape Coral
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
.What would be a good starting point 5,7,10% less than asking price. Not looking to low ball.
A rule of thumb I work with is to offer no lower than about 5% below the average closing percentage for the area. For example, in my neighborhood, homes have been selling for about 98- ... more
0 votes Share Flag Sat Feb 9, 2013 Home Buying in Cape Coral
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