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Foreclosure in Cape Coral : Real Estate Advice

  • All1K
  • Local Info77
  • Home Buying404
  • Home Selling28
  • Market Conditions36

Activity 43
Thu May 23, 2013
Matt Wise answered:
There are foreclosed condos. But maybe not with the criteria you are using. You can e-mail me with what you are looking for, and I can set you up on a search. .

Matt Wise
C21 Sunbelt Realty, Inc
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0 votes 8 answers Share Flag
Thu May 23, 2013
Danielle Sharp answered:
Discuss the process & details with your agent. They can explain how disclosure laws work, what to expect with a foreclosure & how contracts work. If you don't feel comfortable with their level of knowledge ask for their broker to assist or find new representation. ... more
0 votes 8 answers Share Flag
Wed Mar 27, 2013
Emily Marchese answered:
The terms of Your lease should still be honored unless you get notified to vacate. They must give you at least 30 days notice.
0 votes 1 answer Share Flag
Mon Jul 1, 2013
Marc Comisar answered:
no....your Realtor will explain......if you do not have one let us know. We work with an attorney and specialize in short sales. We Can Help.
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0 votes 10 answers Share Flag
Wed May 2, 2012
Carolyn Giandonato, Realtor answered:
What condo?
0 votes 5 answers Share Flag
Sat Apr 28, 2012
Karen A. Terbenche answered:
Hi Ljfranz,
Good afternoon and I'd be happy to help!
what are you looking for? your price range? how soon? are just a few of the many questions that will help me help you!
You can reach me directly cell 239 691 6169 or email me at
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0 votes 18 answers Share Flag
Thu Feb 28, 2013
Former_super answered:
If the bank won't release the funds, the builder can't build the home. The buyer, not the builder, is responsible to finance the construction.
0 votes 2 answers Share Flag
Tue Feb 7, 2012
Dorina Soumastre answered:
Good afternoon,
I check the MLS and this property is not for sale or rent. It was listed several years ago for sale and rent but not currently. Are you looking for a house to buy or rent? Please email me at and let me know what you are looking for in - price, size, number or bedrooms. I'll send you some listings and you can review them at your convenience. I can also be reached at (239) 910-6485.
I look forward to hearing from you and find you a great place!
Dorina Soumastre
Century 21 Birchwood Realty
4040 Del Prado Blvd., Cape Coral, FL 33990
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0 votes 9 answers Share Flag
Sun Jan 29, 2012
Anthony Cincotti answered:
Your best bet would be to interview several agents in the area your looking at and then have them send you a detailed report and answer any questions on properties that interest you.

If you decide to purchase in the Cape Coral area I would love to be one of the agents you consider to represent you.

Feel free to email or call with any questions.

Anthony Cincotti
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0 votes 5 answers Share Flag
Sun Jan 22, 2012
Danielle Sharp answered:
Property records are available at and you can pull a copy of the deed at the Clerk of Courts website
0 votes 10 answers Share Flag
Tue Sep 13, 2011
Radinka Ilsink answered:
Glad to hear you are positive and strong, good luck to you!
0 votes 7 answers Share Flag
Sat Sep 17, 2011
Margaret Hassani answered:
Hardships occur with the loss of a job, divorce, less hours or pay at work, unexpected medical costs. Basically if your income is less than your expenses, you have a hardship.
0 votes 9 answers Share Flag
Fri Jun 3, 2011
Kevin Cloutier answered:
Hire a lawyer, explain your situation and make a deal with the lawyer to pay him for his services. It's worth saving your home. Lots of these hook-up fees were simply added to your tax bill and you pay a portion each year with the taxes getting them paid over time. Did you homestead your property?

Good Luck

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0 votes 6 answers Share Flag
Wed Dec 1, 2010
Megan Eister answered:
I do believe the Robo signing is directly involved with the limited amount of foreclosures. However, according to the National Associations of Realtors, mortgage deliquincies have decreased for the 3rd quarter 2010, suggesting a decrease of future foreclosure rates. If there is a shadow inventory, I do not believe they will "flood the market", as that act would drive down prices and decrease values.

You can read the whole report for the Cape Coral and Fort Myers area on my blog
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0 votes 4 answers Share Flag
Wed Jul 21, 2010
Joanna Morris answered:
These are two separate things you are talking about here. Your short sale approval letter should have told you whether they were forgiving the remaining debt or not. They may have asked you to sign a note.

The 1099 gets issued no matter what. This needs to be taken to your accountant and let them work with you on this matter.

Call the Realtor who handled your short sale if you still have questions contact an attorney.
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0 votes 9 answers Share Flag
Wed Apr 20, 2011
Dan Chase answered:
foreclosure is a house someone did not pay for. The bank went through the legal process and now owns it. They will sell it for whatever they choose to to try to cover their losses.

A short sale. The owner still owns it. They are having a hard time paying for their mortgage. The bank has agreed to take a loss on the sale. The seller can sell it for less than they owe. The bank comes up "short" on the balance book, they lose money on the deal.

You can go through either one and not win. Both can take almost forever to get a reply to your offer.

Short sales can find the seller say yes and the bank say no. No sale happens.
foreclosure, the bank says yes or no. No seller is in the way. The bank makes it choices and that is it.

Which is better? Both are annoying and can take to long. Regular sale is best, although not necessarily cheapest.
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0 votes 10 answers Share Flag
Thu Mar 25, 2010
LLoyd Nichols answered:
A foreclosure sale means that the seller of the property is a lender (bank). The owner of the property did not pay the mortgage and the lender brought a foreclosure action in Court and took over ownership of the property. As for buying a foreclsoure property, this simply means that the Seller is the lender. The procedure is similar to a regular sale. Also, foreclsoure properties may be purchased at a "good" price. For more info and for foreclosure properties in this area, please feel free to call or email me. Also, please feel free to sign up for a listingbook account, link below. You will be able to search properties yourself.

Lloyd Nichols
Right Choice Realty LLC
cell: 239-810-2980
office: 239-463-5217
Activerain Local Blog:
Active Rain Blog:
Website: Search the MLS in Southwest Florida
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0 votes 6 answers Share Flag
Fri Jan 15, 2010
Mark Washburn answered:
At the present time there are 5 NCUA owned homes for sale in Cape Coral and 18 NCUA owned homes for sale in Lehigh Acres. Here is a resource to view these listings:

Good Luck with your search!
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0 votes 3 answers Share Flag
Fri Apr 26, 2013
Garth Birdsey answered:
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