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Fort Myers : Real Estate Advice

  • All1K
  • Local Info91
  • Home Buying453
  • Home Selling23
  • Market Conditions49

Activity 1,223
Paul Carraro, Real Estate Pro in Longwood, FL
Sun Jan 22, 2017
Paul Carraro answered:
Hello Johane. A top local agent who works in the Cape Coral and Fort Myers markets or in Collier County and Naples can assist you as well as help you sort through much information online. Top agents also are familiar with first-time buyer programs and, if for a brand new home, also with participating builders. Having lived in Florida myself, I can share also that a top local agent can make a world of difference in your search for your new home. Our real estate agency specializes in helping clients connect with top agents in any market, including in Florida, and there is no charge for our service. Go to my website http://www.parkplaceconnects.com/pcarraro for more details, and please let me know for any questions. ... more
1 vote 1 answer Share Flag
Christineab, Home Buyer in Naples, FL
Thu Jan 19, 2017
Christineab asked:
Robert Guth, Real Estate Pro in Cape Coral, FL
Tue Jan 17, 2017
Robert Guth answered:
There are a handful of award winning schools, and Cape Coral is generally safe all together. Ranked #2 safest city in Florida, by FBI statistics, and ranked 17th in the nation, with populations over 100,000.

You can check on school rankings and things to do in the area right here:

http://www.capecoralfortmyershomesonline.com/local-info
... more
0 votes 1 answer Share Flag
Hikgjfoeekdj, Home Buyer in Fort Myers, FL
Wed Jan 11, 2017
Hikgjfoeekdj answered:
Susie Kay, Real Estate Pro in Dallas, TX
Mon Jan 9, 2017
Susie Kay answered:
I agree with Amelia and Scott and would suggest that you work with a real estate attorney. It's not as simplified as you described so make sure that everything between you and your friend is in writing. ... more
0 votes 3 answers Share Flag
Robert Guth, Real Estate Pro in Cape Coral, FL
Mon Jan 9, 2017
Robert Guth answered:
Property taxes in Cape Coral are actually low in comparison to most of the nation. Forbes magazine ranked Cape Coral top 10 places to retire, and top 10 places to start a new business, strongly based on our affordable cost of living and lower taxes. We have no state or city taxes, so you get to keep more of your income, and property taxes here are less than half of the national average. One comment I hear often from northerners relocating here, is how "that same house if it were in New York would have triple the amount of taxes!".

Cape Coral the city, does not have HOA fees, but there are a handful of communities here that do. When looking at homes, a Realtor will share with you if there are HOA dues, and how much they are.

If you need more information on Cape Coral, visit:

http://www.capecoralfortmyershomesonline.com/cape-coral
... more
0 votes 1 answer Share Flag
Robert Guth, Real Estate Pro in Cape Coral, FL
Mon Jan 9, 2017
Robert Guth answered:
I am partial to the safety and beauty of Cape Coral. Much to do, great weather, growing city with stable economy, good job market, strong police force and low crime, many waterways, the Gulf of Mexico, salt and fresh water canals, lakes, back bay areas, some of the nation's best beaches in the area, trophy fishing, rising home values and so much more.

First Time Home Buyer programs available, Down Payment Assistance for those who qualify, as well as investor opportunities. Learn how to buy a 2nd home with only 5% down, and cash flow as a vacation rental in local management, while leaving 2 months per year for personal use. That's right....make money owning it, and have your very own waterfront vacation rental in SW Florida for personal use.

Cape Coral:

http://www.capecoralfortmyershomesonline.com/cape-coral
... more
0 votes 12 answers Share Flag
Robert Guth, Real Estate Pro in Cape Coral, FL
Mon Jan 9, 2017
Robert Guth answered:
It last sold in 2011. Here is the listing:

http://matrix.swflamls.com/Matrix/Public/Portal.aspx?ID=5147344364#1

If you are in the market to buy something here, depending on Trulia or Zillow won't be very helpful. In fact, you'll work harder and chase fake or outdated listings.

Get your info direct from the source.

Let me know what you are looking for, and I'll find it:

http://www.capecoralfortmyershomesonline.com/buyers
... more
0 votes 1 answer Share Flag
Sanjay Aiyar, Home Buyer in 07302
Sat Jan 7, 2017
Sanjay Aiyar answered:
I dont know how exactly to go about this, but find out which towns and specific areas in those towns you like and then find who sells the most real estate there. They are probably your best bet at getting the best insight.

I'm in my early 30's now, but Ive been in your position before. You have a nice amount of cash and more coming in over time. I would consider buying a multifamily building ideally with multiole bedrooms in each unit. You could live in one unit and rent the others. WHy? 1) You're still used to living with roommates or near others, 2) it'll still be fun at this point, 3) California is expensive and major areas usually have a decent flow of renters, 4) Renters can more than cover your all in costs making it a cash flowing investment, 5) nowadays people dont stick to one job or city for long and a multifamily would make a good investment property even if you leave.
... more
0 votes 4 answers Share Flag
Sanjay Aiyar, Home Buyer in 07302
Thu Dec 29, 2016
Sanjay Aiyar answered:
Do not do this. When i was looking at coops in NYC this was a huge problem. It started when I found units that seemed below market. Then i realized the maintenance payments were sky high.... I'm talking like 5-6x as high as surrounding buildings. Turns out the coop leased the land. We were coming up on 30 years left on the land lease. Here are the 2 major problem as you approach 30 years left: 1) banks don't want to give mortgages because your typical mortgage is a 30 year. why would they lend for longer than the building is potentially allowed to remain on the land. 2) the maintenance can sky rocket if the land owner offers the building a ridiculously jacked up renewal lease or offers them the chance the buy the land as a crazy high cost.

In other word, RUN.
... more
0 votes 2 answers Share Flag
Sanjay Aiyar, Home Buyer in 07302
Thu Dec 29, 2016
Sanjay Aiyar answered:
I know this is not the answer to your question. But why not rent for a year and learn the area, see homes, in person, and not rush the process of buying something so big? Is there a legitimate reason you have to buy right now? Maybe even a short term furnished rental for 6 months while you store your stuff so you cna make the right decision? ... more
0 votes 1 answer Share Flag
Sanjay Aiyar, Home Buyer in 07302
Thu Dec 29, 2016
Sanjay Aiyar answered:
I would ask your mortgage provider what happens if you lock and rates drop before closing. Some can reduce, some only reduce if rates drop by more than a certain amount. It's good to get educated on the specifics and press them to answer the exact question. Sometimes they like to dodge the question. If you do think they continue to go up then maybe it is worth the peace of mind. At the end it's really all a guess, but my gut feeling is the path of least resistance is rates continuing up. How much and how quickly is anyone's guess. ... more
0 votes 1 answer Share Flag
Jesse, Home Buyer in
Mon Dec 26, 2016
Jesse answered:
I want to know what happened as i too was looking into their program in Fort Myers
0 votes 5 answers Share Flag
Southerncapi…, Home Buyer in New Market, AL
Wed Dec 14, 2016
Southerncapital2016 answered:
Angelica P, Home Buyer in Seattle, WA
Wed Dec 7, 2016
Angelica P answered:
Hello,

We didn't get enough information about your problem to resolve the issue. Please provide us with complete property address and we will be happy to assist you.

For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

http://www.trulia.com/help/ask/


Thank you for using Trulia!

Angelica
Consumer Care Advocate
... more
0 votes 1 answer Share Flag
Joe Swayne, Home Owner in Bonita Springs, FL
Wed Dec 7, 2016
Joe Swayne asked:
I already tried to contact the listing agent displayed on the webpage and have heard nothing. I want these pictures removed as soon as possible.
0 votes 0 Answers Share Flag
snyder rbs, Real Estate Pro in fort myers, FL
Tue Nov 22, 2016
snyder rbs answered:
HOA fees of new communities are subsidized by the builders' until the reach 90% completion. so comparison to subsidized HOA fees are not appropriate. once Marina Bay is sold through their fees will be even more . I am a former board member and a CPA and I know finances as well as anyone. the fees you pay at Botanica are a bargain. ... more
0 votes 5 answers Share Flag
Michael Cast…, Renter in Phoenix, AZ
Wed Nov 16, 2016
Michael Castilleja asked:
If I get a home appraised while initiating a refinance, can I switch and sell my home instead? Does that require a different /additional appraisal?
0 votes 0 Answers Share Flag
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