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Market Conditions in Polk County : Real Estate Advice

  • All12
  • Local Info1
  • Home Buying7
  • Home Selling0
  • Market Conditions0

Activity 30
Wed Dec 26, 2012
Johnny Davis answered:
I have seen some of the listings that have the white, vinyl privacy fences.
0 votes 1 answer Share Flag
Wed Dec 19, 2012
Alan Martin answered:
What is your qquestion please ?

www.frontlinefloridarealty.com/davenport
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Tue Oct 30, 2012
Alison Hillman answered:
Hi there!

I think you are referring to school districts, if so, check out Trulia's school maps here:

http://www.trulia.com/real_estate/Auburndale-Florida/schools/

Hope this helps!

Ali, Community Manager
... more
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Tue Oct 30, 2012
Alison Hillman answered:
Hi there-

You can learn all about it here: http://www.vote411.org/enter-your-address#.UJAXR2k6WXQ

Hope this helps,
Ali, Community Manager
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Mon Oct 22, 2012
Alan Martin answered:
I think that you will find that the part owner will pay the property taxes as the mobile home owner does not own the lot.
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Wed Jul 4, 2012
Carl Ben Witzig answered:
Sure. If you have cash. Financing a mortgage is neigh impossible. Maybe you can help your new neighbors somehow. Good to know some people have cash as buyers.
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Sun Aug 18, 2013
Anna M Brocco answered:
Keep in mind that square footage costs do vary, and don't account for exact location and other considerations; therefore, it's really in your best interest to also review closed recently sold similar properties in the immediate area, and their final sales price... ... more
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Sun May 26, 2013
Kathleen Long answered:
Great question and the local market in Lakeland has had recent commercial big box chains, medical offices and gas stations adding more jobs to the community. If you like I can send you data for that area at no charge to you. Just email me your request at kathleenlong@c21be.com or text me your email and contact information to 813-470-0047. All the best to you! Kathleen Century 21 Beggins ... more
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Mon Feb 27, 2012
gabriel palotas answered:
It boils down to what makes more sense . Ownership or to lease. There is no way to escape the balance between cost and expense and the time and value of money..

Manufactured homes with land leases offer a lifestyle to those that this lifestyle is appealing and choice, while absorbing taxes and maintenance and bundling them for convenience and substantial savings with no further responsibility or recourse. You always get what you pay for. The devil is in the details. ... more
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Thu Jun 19, 2014
Tracy King answered:
There are currently 11 active listings in Bahama Bay so no, you're not too late. I would love to help you, so please contact me.
0 votes 6 answers Share Flag
Sat Mar 5, 2011
Anna M Brocco answered:
Average time on the market does vary based on exact location, price, condition, property size, updates, etc., if interested in knowing with respect to a particular neighborhood, contact any local agent/realty office as they all have access to the same information. ... more
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Mon Oct 22, 2012
Alan Martin answered:
the homes are wooden and not built to a very high standard. It is just that you get waht you pay for. I help peope buy home in there but there are better places. let me know if you would like to benefite from my 12 years of helping buyers and sellers in that zip code.

alan@frontlinefloridarealty.com
... more
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Wed Mar 31, 2010
David Woodman answered:
Being across from an orange grove does not have much meaning. if you want to give me the account number of the land I can help. Dave Woodman formally Woodman Realty Polk City now inactive. Still live in Polk City DW ... more
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Sat Oct 3, 2009
Bill Eckler answered:
Our recommendation is to contact a certified appraiser and pay the $300 to $400 to have the property professionally appraised. This may help you avoid future problems and resolve doubts of accuracy of the evaluation.


Good luck
... more
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Tue Jun 16, 2009
Bob McClure answered:
good evening maritza....i am not licensed in your state....however, i am licensed in michigan and some other states....nmba license no. 162592...i am willing to help you and offer some free advice to get you on the right track..i have over 14 years of experience doing low risk as well as tough- complicated mortgage financing..and fha...if you would like to call my advertising line sometime in the next day or so..i will be happy to talk to you.....i need to get some information from you regarding more specific info about your situation......anytime after tomorrow a.m.wednesday.....if you miss me.... just lv a msg, and your number...best regards......bob mcclure- success mortgage partners- plymouth, michigan..... ... more
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Fri May 29, 2009
Antonio Vega-Pacheco answered:
Mr or Ms. Numbers:

The community was supposed to be a resort with large water park, day spa, and lots of amenities for tourist. But the economy flipped, buyers began to stop placing offers and Bimini stopped construction . As of today the community house was never built, there is no pool, and only several of the townhouse buildings were completed. Maybe once things pick up construction will resume and hopefully the original design will be completed. As of today, there are nice townhouses on the market at a great price....less than 1/5th the original price.

Are you looking to buy? Check the complete Kissimmee inventory and set listing alerts on my website....
www.SearchKissimmeeHomes.com

Tony.Vega@ColdwellBanker.com
407-791-9086
... more
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Thu Jan 29, 2009
Rick Aguirre answered:
Lain,
Great question,
Here is what I have found..
There are currently 95 active listings for homes in Davenport that are Bankowned ( foreclosures).
There are currently 68 Bank owned homes Pending ( with contracts for sale).
There are in the last 90 days 73 Bank owned homes sold.
So I think the answer to your question is buyers are finding Value in the homes,location and PRICE.
The numbers will continue to change and vary as time goes on.
Hope this helps,
Rick.
... more
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Thu Nov 18, 2010
Ready To Move answered:
I currently am renting a 1 bedroom condo/apartment. I have lived here for about 9 months. When my lease expires I am moving out. Things are changing (for the worse) in this property. First, the good is that it is very pretty and the maintenance and lawn service are doing a very good job of maintaining the property. However, out of the 288 condos, 146 of the condos were owned by Summer Landing LLC. They went into foreclosure so now the First Bank Puerto Rico owns the 146 condos. That's well over half of all the condos! This happened at the end of May 2010. No body knows yet what First Bank Puerto Rico plans to do with the condos that are being rented out as apartments and so far are still being property managed by CAM. If you go to www.Zillow.com and put in the search field "summer landing drive, lakeland, florida" or any of the building addresses such as "4300 summer landing drive, lakeland, florida" or "4280 summer landing drive, lakeland, florida" you will get an overview map of the complex. From there you will see that condos (rented as apartments) may be appraised at $88,00 to $140,000 USD but they are really being sold for as little as $25,000 for a 1 bedroom/1 bath and $39,000 for a 3 bedroom/3 bath. Incredible prices. But use your common sense, ask yourself why are so many of the condos being sold for so little US dollars? Because the complex is going downhill as far as quality of tenants. The rental standards have come down and that is making some people (particularly those with investments or even tenants) uneasy. The change in the quality of the tenants is a big, big factor of my planning on moving out. I love my apartment and I have a fantastic view. But once I step out of my apartment, I feel uneasy. It's a big complex so there is a lot of traffic, people out all hours. I am not aware of any violent crimes in the complex but I don't feel safe at all. Nor do my neighbors.

I considered purchasing the apartment I am renting but even at $26,000 USD with $100 USD a month HOA fees (for now), I didn't want to be stuck in a condo situation where I have no control over who will live in the same building or complex. I didn't want to put my money into a complex where the primary owner (Summer Landing LLC) went through foreclosure and the majority owner is now First Bank Puerto Rico. Who knows what their plans are or if they will auction the condos or who those new owners at an auction might be). Perhaps I am overly careful with my money. I am not a risk taker. I guess someone could buy very, very cheaply, and reap rent money while they can. Obviously, the investment in a condo is not large right now and if one were just looking for rent money as opposed to the actual property rising in value, it might work for them. Like I said, it is a pretty complex and of course, Lakeland weather is wonderful most of the year.

I was told that originally this complex had been apartments. Then in around 2006, Summer Landing LLC bought the majority of the complex and turned it all into condos. Every tenant had to either buy their apartment or vacate. Massive vacating took place. Some people purchased their apartment and there are British investors who purchased one or several of the condos. Then what happened is there were all the vacancies because it was right at the time when the real estate market tumbled down. Hardly anyone was purchasing the condos (priced anywhere $115,00 to $150,000 USD). So, Summer Landing investors turned the remaining condos into apartments again and each year the requirements for renting have become less stringent. Thus a change in the quality of tenants. And the people who purchased their condo just a couple of years ago, expecting to have neighbors who qualified to purchase condos over $100,000 USD suddenly found themselves surrounded in their building and the whole complex with rental tenants. And these condo owners were very unhappy that they had purchased and now the real estate market is still down so they are not able to sell their condo easily. It is not uncommon down for someone to ask if this has turned into a public housing project! I am not kidding. At least several times a month, the maintenance man is asked that very question.

I hope this information has been helpful to you. I fear I made it sound so dire. I guess it depends on what kind of investment the UK investor wants. Rental income --yes. Property appreciation in the next 5 years or more? Very, very doubtful. It is a delicate balance between keeping the apartments rented and yet screening out problem tenants.
... more
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Tue Jul 22, 2008
Michelle K. Hutto answered:
We have a two homes for rent right now in Frostproof. 2 bedroom 2 bath for $750 on Lake Reedy w/dock and available at end of July. Also a 2 bedroom 1 bath on Lake Reedy furnished for $850 Plus a new rental listing, 2 bedroom 2 bath on a canal off Clinch lake furnished for $700./month. Please call the office and ask for Michelle or Sheree for further information and terms 863-635-0030 or email realtygirl@juno.com. Keystone Realty Inc. We are a real estate company in Frostproof. ... more
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