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34242 : Real Estate Advice

  • All15
  • Local Info1
  • Home Buying3
  • Home Selling4
  • Market Conditions0

Activity 12
Fri Nov 18, 2016
Diane Christner answered:
It will vary, depending on a lot of factors. Try contacting a couple of local builders to get a better idea of price/sq ft for your specific requirements.
0 votes 1 answer Share Flag
Mon May 4, 2015
Jeri Patrick answered:
0 votes 3 answers Share Flag
Sat Mar 21, 2015
Tricia Kolsby answered:
This is a really good question. Call me if you find something would you? We are looking in the same areas. 404-229-5389
Cabra
0 votes 1 answer Share Flag
Mon Jun 16, 2014
Dan Miller answered:
Yes, buyer activity is picking up. This is the time of year that overseas visitors come to spend some time on Siesta Key.
0 votes 5 answers Share Flag
Tue Mar 11, 2014
Sandra LaFlamme answered:
Hi Robin,

Always a good question -- just an update from the field:

After the acceptance and inspection phase was complete, Fannie Mae pulled the listing.

Their reason: re-foreclosure.

The buyer with whom I am working is very unhappy that she spend money believing the bank had followed procedure.

http://www.fanniemae.com/portal/index.html
... more
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Sun Jul 14, 2013
Albert Wooster answered:
Hi Todbo,
It always depends on the price. As you know the market is coming back from an over correction after the bubble burst. I always give sellers a range of listing prices based on how quickly they want to sell. If you have to sell now (in the next 20-45 days) you have to look like a bargain. If you want to sell in under 90 days set the price at a sale price plus a tiny bit of negotiating room (less than 4%). If you don't care how long it takes and you have a lot invested but can hold out (after calculating carrying costs) then you might opt for a higher price and wait for the market to catch up to you in hopes that a buyer may come along at any time and fall in love with your place and offer you something you can accept (or negotiate to an acceptable price). It is always about price. The middle of the road answer is roughly 90 days, but that answer falls into the category of "Statistics" or more aptly coined by Mark Twain: "There are three kinds of lies: Lies, Dirty Lies, and Statistics".
I reiterate, it is always about price and listening to your Realtor, he or she has their finger on the pulse, buy the time the stats are compiled and released 30-60 days have gone by and the market could be in a whole new dynamic, plus the stats don't take into account the mindset and motivations of each individual seller.
If you want to talk about selling you property, feel free to contact me.
I would be glad to consult with you and help you sell it.

Sincerely,

Albert Wooster, P.A.
Realtor
Cell: (941) 350-1220
WoosterFLA@gmail.com
www.SarasotaWowHomes.com
... more
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Sat Jul 13, 2013
Albert Wooster answered:
There could be units in www.FRBO.com (stands for For Rent By Owner)
-Albert
0 votes 4 answers Share Flag
Sat Jul 13, 2013
Albert Wooster answered:
Hi Maria,
To search for Siesta Key rentals or homes for sale - in your language!
Click on my site: http://www.immobel.com/-170582/PT/
OR copy and paste if the link doesn't open.
When it opens click on your country flag to see listings in your language.
-Albert
... more
0 votes 4 answers Share Flag
Sat Nov 20, 2010
Alma Kee answered:
Hi Nellie,

Freddie Mac took ownership 10 days after the courthouse foreclosure auction via a Certificate of Title.

If the foreclosure was done by one of the offending law firms then it may not be possible for Freddie Mac to be able to buy a Title Insurance Policy.

Call the title company that is doing the closing and ask them if there are any holdups on the file. Some REOs are getting their contract cancelled. Hopefully that's not the case with your purchase.

All the best,
Alma
... more
0 votes 1 answer Share Flag
Tue Jul 15, 2008
Betsie Taber answered:
Hi,

Fortunately for you, I just move to a new company that has access to such data and shares it with its agents. The SAR data shows that for all properties (residential and condos) in Siesta Key, the average days on the market has gone from 160 days 2 years ago to about 110 days right now. FYI, the number of active listings over the past 2 years has been quite stable (with few variations) around 1000 listings at any given time. Since May 2006, the highest # of sold units in a single month was in May of 08 with 59 sales.

Michel J. Bergier
941-806-7063
michelbergier@kw.com
Recipient of Sarasota Magazine's 2008 5 Star: Best in Customer Satisfaction Award
... more
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