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Home Buying in 33993 : Real Estate Advice

  • All43
  • Local Info2
  • Home Buying15
  • Home Selling2
  • Market Conditions0

Activity 14
Sat Mar 14, 2015
Anna M Brocco answered:
Rent to own is really not a good idea, therefore consider fixing whatever is preventing you from purchasing outright. Rent to own can be risky and one could stand to lose a bit of money, it favors the owner; therefore inform yourself well in advance of your search, and consider consulting with an attorney who specializes in real estate before considering the idea and or before signing any agreement. If you haven't done so yet, visit with any licensed loan officer, see if you can buy outright, or simply continue renting until a purchase can be made. ... more
1 vote 2 answers Share Flag
Wed Nov 19, 2014
Randy and Vicki Biehl answered:
Realtors are not lawyers and can't give legal advice. Short sales do come with an addendum and arms length transaction form that you as the buyer must sign. Be very careful here and contact a real estate attorney if you plan on going through with this idea ... more
0 votes 26 answers Share Flag
Tue Nov 18, 2014
Teri Zanella answered:
You should contact a LOCAL buyers agent who can help you with this. Cape Coral is complicated with regard to Well/Septic versus City Water/Sewer and whether the assessments are paid or not. Cape Coral is currently putting City Water and Sewer in certain areas with other areas next in line. Eventually the few areas remaining on Well and Septic will be put on City Water and Sewer with a cost to the home owner. Before purchasing a home on Well and Septic you should find out when City water and Sewer will be coming in along with the attached assessments so you can be sure it will not be a hardship ... more
0 votes 10 answers Share Flag
Mon Nov 25, 2013
Teri Zanella answered:
Hi Kim,

You say you don't want to rent anymore but are looking for an apartment? Are you looking to possibly purchase a condo? There are many condo's on the market, specifically in Cape Coral (if you don't mind the short jot across the river) that you could purchase with monthly payments at or close to what you would pay in rent. Have you considered a FHA loan? I could help you any questions you may have and help you find a place to own rather than rent. Just email me at capecoralforsale@gmail.com. I would be happy to help you! ... more
0 votes 2 answers Share Flag
Thu Aug 15, 2013
65galaxiexl answered:
Don't know why it. Says Port Orange My place is in Cape Coral . Any body who knows the Cape can tell you this woman has no clue to the value of this property. It is west of Old Burnt Store right off of nw 27th st one way in and one way out and comes with 3/4 of an acre with the same strap#! How do I get my own appraisal ? ... more
0 votes 5 answers Share Flag
Sat May 25, 2013
Adolfo "A.D." Diaz answered:
I have worked with Joe for many years on all types of lending and he is the best at matching customers with the best type of commercial loans that fit their needs and wants.

Joseph R. Bonora
Managing Director
Aileron Capital Management
(813) 341-3654 x137
www.aileroncap.com
... more
0 votes 4 answers Share Flag
Wed Jun 20, 2012
Barbara Klare answered:
http://www.capecoral.net/Portals/0/docs/City%20Manager/All-UEP-Areas.pdf

It depends where in the NW Cape. The city is planning SW 6-7 now but hasn’t sent notifications yet. N-2 would be next. Further north in 33993 doesn’t have any plan yet. The city is pushing for utilities in all areas eventually. ... more
0 votes 5 answers Share Flag
Fri Apr 15, 2011
Jim Jones answered:
It is ironic, had someone call me this week with this same question. Obviously, there are some inexperienced Realtors dabbling in shortsales that need to be more Customer oreiented and be pro-active with by having an experienced mentor (Realtor) to be guiding them.

At first the Banks dictated whether they wanted all offers or just the first one, and some may still try to dictate it. However, vnw with the new Shortsale Addendum (Florida) it has an area for your Realtor to specify regarding back-ups and whether all offers will be presented. If the Listing agent responds negatively to the addendum stating that all other offers will be held as back-ups, then it is the responsibility of your Realtor to discuss this with their Customer. Upon the Realtor laying out the scenario of the Seller refusing to give up the right to take and present other offers, then the properly informed Customer decision is their own whether they want to sit and wait to see which offer the bank is going to pick ( in the meantime, wasting your time if your offer is not picked ), or to cancel the contract and move on to another property.

READ the contracts that your Realtors place in front of you, the proof in the pudding as they say.

Obviously, in this young lady's instance, this was not the case. Shortsales are complex and only Realtors that are experienced dealing with them should be writing contracts on them, or in the least be mentored by someone with experience.

jim
... more
0 votes 19 answers Share Flag
Fri Oct 1, 2010
Andrew Demkow answered:
yes, too many speculators and the housing bubble burst...plus, chinese dry wall, taxes are extreme, impact fees to build are borderline illegal, gang growth in cape coral, illegal immigrant population expanding, not enough jobs to support the population, corrupt officials..you name it and its Cape Coral...It is not the place I moved to 25 years ago..crime rate in increasing rapidly...sorry, nothing good to say about it anymore. ... more
1 vote 22 answers Share Flag
Wed Sep 22, 2010
Susan Burhoe answered:
Cape Coral is a deed restricted community. Commercial vehicles are not allowed to park in residential neighborhoods. There have been instances where a home owner was able to get a permit for a small shed, but for the most part this is not allowed. You would have to check with the builing department to determined what is allowed.
As to the second questions? Professional Realtors do not provide this type of information to buyers.
... more
0 votes 4 answers Share Flag
Wed Oct 21, 2009
Barbara Klare answered:
Decent homes are selling fast and furiously and the busy buying season hasn’t even started yet. Multi offer on most properties. 90% of buyers are out of the area and many out of the country. If you would like a CMA I’ll be happy to give you one. If you want ypur home sold, you should hire me.


Barbara Klare
Gulf Coast Realty
cell: 239-292-1358
fax: 866-316-9920
www.barbaraklare.com
... more
0 votes 5 answers Share Flag
Thu Jul 30, 2009
Merilee L Getty answered:
There is most definitely going to be another wave. Taking a look at the Court calendar in Lee County let alone all the Lis Pendens there has been, we will be looking to more and more on the market. Coming from a banking background and knowing how many option arm loans that were written, we still have not seen the sleuth of loans that will be coming up for adjustment. Some people have forgotten about all of those deals. The Banks are currently buried with these loans and when looking to do a short sale, for a small investor, the big secret to it all, is make sure the package that your Realtor or lawyer is sending in has everything needed to be processed immediately. I have found that in my business now, that when the banks see a package coming through wit GFS, it will go to the top of the pile because they know that everything will be included to make a proper decision. It is all about paperwork. Honestly. Even when I worked for a very large bank in origination, the underwriters were the same way. If a file is complete, it will be looked at. If not, it goes to the bottom of the pile and you are looking at a time game.

Merilee L. Getty
Gulfcoast Foreclosure Solutions
mgetty.gfs@gmail.com
239-738-2247 or 239-673-7810
... more
0 votes 6 answers Share Flag
Fri Jul 10, 2009
Mark Washburn answered:
Median prices in Cape Coral have remained virtualy unchanged in the first half of 2009. The median selling price for a Cape Coral residential property in jan-09 was $95,300 and in jun-09 was $94,850.

Here is a recent post I authored on my blog about Cape Coral home prices in 2009: http://www.gulfreturns.com/2009/06/cape-coral-home-prices-steady-in-2009.html
... more
0 votes 5 answers Share Flag
Fri Aug 15, 2008
Mark Washburn answered:
Here are the income producing residential listings for Cape Coral that are currently on the market:

http://www.greaterftmyers.com/idx/search.html?submit=true&search_city[]=Cape+Coral&idx=income&minimum_price=&maximum_price=&minimum_bedrooms=&minimum_bathrooms=&minimum_sqft=&minimum_acres=&minimum_year=&minimum_stories=&search_title=&order=ListingPrice+ASC&submit=Search

Take a look and let us know if any are of interest
... more
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