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How To... in Cape Coral : Real Estate Advice

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  • Local Info77
  • Home Buying407
  • Home Selling29
  • Market Conditions36

Activity 15
Tue Feb 14, 2017
Gabe Cardo asked:
Wed Sep 7, 2016
Aweisman1970 answered:
I am a gay unit owner and was told by a board member
i could not do laundry because i will infect everyone with aids
please help
0 votes 5 answers Share Flag
Sun Feb 21, 2016
knvchildbirth answered:
I just purchase a home in Sandoval community

We are allowed to rent our homes in Sandoval community.

Minium rental period is one month.

I am looking for a company to handle the rentals when I am not there. ... more
0 votes 11 answers Share Flag
Tue Feb 16, 2016
Aandbcleaning77 answered:
m looking to start my own property preservation business and am wanting to know what steps to take to do so.
0 votes 10 answers Share Flag
Mon Feb 10, 2014
lawrencebrns asked:
Fri Jan 3, 2014
Carolyn Giandonato, Realtor answered:
Your question is coming up in the 33993 zip code which is in Cape Coral Florida, but it sounds like you are asking about NJ. Please clarify.
0 votes 1 answer Share Flag
Fri Jan 3, 2014
Terry McCarley answered:
If you are looking to get into property preservation in Cape Coral you will have some stiff competition from established and experienced vendors. Numerous property preservation vendors were established over the past several years when foreclosures were so high. Fortunately our foreclosure filings have dropped drastically so the demand for property preservation vendors has also greatly declined. ... more
0 votes 3 answers Share Flag
Mon Jun 17, 2013
Adolfo "A.D." Diaz answered:
Anything is possible...

There are many different channels you will need to send your info to, I would begin with a Google search on who are the main REO banks listing properties in the area and signing up with the proper companies. Many banks/asset managers issue work through service portals which vendors are vetted through a approval process.


Good Luck.
... more
2 votes 1 answer Share Flag
Tue Jan 22, 2013
Terry W. asked:
My wife and I are thinking about starting a Property Preservation / REO cleanout Business in Alaska... Problem is I can not find any information about anyone that has done this up here...…
0 votes 0 Answers Share Flag
Sat Nov 20, 2010
Cassandra Black, Consultant answered:
I agree with below post: contact foreclosure realtors, field services companies, asset managers at banks and mortgage companies, and other companies offering similar services. You will need to register as a vendor with the larger property preservation companies, too. And don't discount networking with your "competition" for their overflow. Good article below on the subject at foreclosure cleanup blog.

Many wishes of success!

Cassandra, Foreclosure Cleanup, LLC, Atlanta, GA
... more
0 votes 2 answers Share Flag
Sun Feb 15, 2009
Gita Bantwal answered:
You should check out the rates for Comcast and Verizon .They sometimes offer introductory prices . Sometimes if you have cable and internet the telephone service does not cost extra.
0 votes 5 answers Share Flag
Tue Oct 7, 2008
Scott Slocum answered:
Good Morning Deborah,

A rent to own, or lease to own home works like this. Once we identify a property we negotiate the terms and conditions of the sale as follows.

Sales price at the end of the option period.

Money down on the option - sometimes between 3% and 10%.

Portion of monthly rent applied toward principal balance at time of sale.

Length of the lease option - 12 month, 24 month, etc...

At the end of the lease period you have the option to purchase the home at the agreed to price, your option money becomes the down payment, and a portion of your monthly rent is also applied toward your principal or other costs.

I do stress extreme caution and research on such properties in our present market place. I was recently researching such properties for a buyer and found over 50% of these properties were in foreclosure. Keep in mind all the money you have put down, and the portion of your rent money is all given away if you don't purchase the home at the end of the lease option period also. Now imagine the owner isn't paying his mortgage and collecting your money every month and the bank shows up and says - Hi we own this home now !!!

This is a worst case scenario - but it has happened so use caution.

Scott Slocum
Licensed Real Estate Broker Associate
Florida Future Realty Inc.
2816 Del Prado Blvd South Unit 2
Cape Coral FL 33904
Direct 239-340-1384
... more
0 votes 1 answer Share Flag
Thu Sep 11, 2008
Carolyn Giandonato, Realtor answered:
If you qualify for section 8, the potential to buy are slim to none. Banks have tightened the reigns. Why not just rent? Rents are very cheap here in cape coral right now. 3 bedroom homes can be had for $700. I have quite a few rentals available, none of the owners want to sell in this market.
Carolyn Giandonato
239-243-4082
... more
0 votes 3 answers Share Flag
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