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Home Buying in Venice : Real Estate Advice

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  • Local Info25
  • Home Buying132
  • Home Selling6
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Activity 84
Wed Nov 4, 2009
Michael Putnam answered:
Here is an article you might find interesting.
http://www.veniceflorida.com/features/vgrcmining.htm

Mike Putnam
Coldwell Banker
Venice FL 34285

941-662-9941
0 votes 2 answers Share Flag
Tue Oct 6, 2009
Bill Eckler answered:
Hi Mary,

Your question is a good one.....

The number of short sales and foreclosures have definitely decreased significantly in the past year. There are currently 26 single family homes currently on the market with only one "foreclosure" and nine "short sales."

Lennar is currently building a number of new construction homes and and new homes are selling now selling. We view this as a strong sign that the community continues to have high desirability and that the area new home market is showing signs of life.

We are not affiliated with Lennar but have information about their products as well as the history of local sales and would be happy to provide you with additional information, if interested.

There are some great opportunities for saving at this time, especially for homes that are near completion.

Best regards,
Bill Eckler

Michael Saunders & Company
billeckler@michaelsaunders.com
941-408-5363
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0 votes 3 answers Share Flag
Wed Oct 13, 2010
Genevieve Ramachandran answered:
Ben,
Whom do you have to prove it to? The office you bought it through should be able to send proof of insurance to whoever needs it. You should have a copy of your Policy, but generally it is your agent or the company who will have to send the proof of Insurance.
Hope this helps.
Good Luck

Genny
... more
0 votes 4 answers Share Flag
Thu Aug 20, 2009
Faye Doyle answered:
The salient features which make this area so saleable are the central Venice location. Located between Center Road, west to the Venice beaches, west of River Road and north of 41, zip 34293 is proximal to golf courses, shopping health services and restaurants. The use of either Tampa, Ft. Myers, and SRQ airports makes it easily accessible. Of course the fishing and all water sports abound. I have many international buyers contact me from websites such as Trulia, etc searching from homes in Venice. It is affordable country living. I encourage you to call me directly for sales information in a particular neighborhood and current sale comparables.


Faye Doyle, LLC
RE/MAX Alliance Group
2000 Webber St.
Sarasota, FL 34239
941-504-7496
Fayedoylellc@gmail.com
Fayedoyle.com
... more
0 votes 6 answers Share Flag
Tue Oct 6, 2009
Helen Moore answered:
Hello Phil: With many more available rentals lately, it's especially important to focus on LOCATION, as well as price. Venice Island has a track record of being highly desirable for seasonal renters, and you would be sure to enjoy your time there as well. Whether you're interested in a single family home or in a condo, there is inventory available for you to consider. In houses, those with 3 bedrooms are greater value than 2 bedrooms. In condos, the majority are 2-bedrooms, with only a few 3-bedroom units out there. 1-bedroom units also rent well in the right locations, and the prices are very competitive.
If your question of "evaluation in time" is asking how long it takes to close, plan on 30 days or less if there is no mortgage, and 60 days with a mortgage. If the question really means the time when you should make your buy, the answer is well before the end of the year, so that you'll have time to secure tenants for the winter months.
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0 votes 7 answers Share Flag
Sun Jul 5, 2009
Shannon Moore - The Moore Team answered:
Venetia

Venetia is a beautiful Mediterranean style community in the heart of South Venice, FL. Centrally located near all services and conveniences, Venetia and its residents are close to I-75, US 41, shopping, golf courses, schools, airports, hospitals, entertainment and warm sandy beaches.

Venetia is situated on 322 acres just west of Tamiami Trail and south of Jacaranda Boulevard. The entrance to this gated, guarded community is graced by two large waterfalls, signaling the casual, natural environment that waits beyond the Venetia gate. A lovely, landscaped center island with fountains and flowers flanks the wide community road, and the neighborhood is designed to integrate with its natural surroundings, with many home sites backing onto nature preserves. Venetia features a 4,000 square foot clubhouse, two lighted tennis courts, an outdoor heated swimming pool, parks, playgrounds and nature trails.

When it is complete the Venetia community will be home to 450 families and individuals, with 180 multi-family condominiums and villas, and many single-family homes. The ‘builders of choice’ in Venetia are Venetian Homes and Waterford Homes. There are so many amenities and special touches here! As you drive through the Venetia community and pass the gentle curves and welcoming entrances of these Mediterranean style homes you will feel as if you are in a gracious, old Italian neighborhood. But all the homes here are new, with the modern conveniences and grand beauty you want in your home. Appointments and features include high 10’ ceilings in the bedrooms, tile floors, spacious rooms with plenty of built-in storage, and even solid marble window sills.

If you want the casual, Florida lifestyle, for an affordable price, Venetia is for you! Contact us today for more information about the Venetia community and the surrounding Venice area.

There are currently 12 properties for sale in Venetia. Here's the list:
http://mfr.mlxchange.com/Pub/EmailView.asp?r=713148935&s=MFR&t=MFR

There is a quarterly HOA fee and it depends on what section you are in. Some also have a monthly maintenence fee as well. This will be listed in the listing. The taxes are also listed in each listing.

Please let me know if I can help you further!

Roxanne Moore, Realtor
Re/Max Anchor Realty
941-626-3926
twomoores19@comcast.net
... more
0 votes 1 answer Share Flag
Wed Jul 29, 2009
Nadine Mauro answered:
Hi Mary,

Title companies represent the closing of the purchase and sale. They do not represent you personally. You will receive a title policy. An attorney who specializes in Real Estate will represent you personally, and can be well worth the money.

Nadine Mauro
Regency Realty Services
561-414-0864
NadineMauroRE@yahoo.com
... more
0 votes 3 answers Share Flag
Tue Jun 23, 2009
Shannon Moore - The Moore Team answered:
Hi Mary,

I am not aware of any issue to date with those condos and Chinese drywall, although they were all built within the time period when the Chinese drywall was being used.

There are many "indicators" of Chinese drywall. First, all of the homes/condos I have been in that have Chinese drywall have smelled terrible. Next, you can unscrew a few of the light switch covers and look at the copper wiring. If it is black, then you likley have Chinese drywall. Another indicator is the A/C coils. They are usually black as well if there is evidence of Chinese drywall. You can also go in the attic and see if you can locate the backend of any of the drywall and see if it is marked with the name Knaff or Made in China.

I would recommend however that you have a qualified home inspector check out any place you intend to buy. They should be able to spot the tell tale signs.

Good luck and let me know if I can be of assistance in your condo purchase!

Shannon Moore, Realtor
Re/Max Anchor Realty
941-626-3926
twomoores19@comcast.net
... more
0 votes 1 answer Share Flag
Wed Jun 17, 2009
Melissa Antenucci answered:
Hi Mary Ann,
As far as a financing side if the buyer makes an offer higher then the asking price and they are getting a mortgage they will have to come up with the difference in cash of the appraised value, plus the down payment plus closing costs. If the buyer is paying cash then it is a non issue.

Melissa
... more
0 votes 3 answers Share Flag
Tue Jun 23, 2009
Myke Atwater answered:
Close on a house by November 30, 2009,and you can apply for your 8000 tax credit. There is a page on my website with the directions at www.DestinHomeRealtor.com that tells you more about it. There are some income limits, so read the instructions carefully--you can also call a lender and they can help you as well--they are well acquainted with all government program requirements.

Good Luck,

Myke Triebold
MykeSaysSold@aol.com
850-305-6256
... more
0 votes 6 answers Share Flag
Thu Oct 8, 2009
Larry Brown answered:
Marti-

You have several options depending on your budget and desired proximity to downtown. Your best advice will come from a Realtor who has spent time with you to determine your preferences and priorities. ... more
0 votes 7 answers Share Flag
Thu Oct 18, 2012
Larry Brown answered:
Jim and Marian,

Several clients have purchased homes in both Waterford and Sawgrass. Your question about city limits- in my opinion there is very little difference between living within the city limits and outside. City property taxes are slightly higher, but you have the opportunity to vote in city elections. As far as Chinese drywall goes, I have heard of no occurences in either Sawgrass or Waterford. The homes in Sawgrass are newer, however, and it is possible that there may be something there. There are inspections to determine the drywall origin, so a newer home can be "cleared" in that regard.

Larry Brown
Michael Saunders & Co.
... more
0 votes 4 answers Share Flag
Thu Mar 19, 2009
SeattleHome.com answered:
No, it sounds like the new standard is a 620 credit score. Apparently there are still a few lenders that do 580 FHA, but that's going away quickly.
0 votes 1 answer Share Flag
Wed Jul 29, 2009
Peter Marriott answered:
If a home is priced right to begin with the selling is going to be 90 to 95% of the asking price. IF the sellers are highly motivated the selling price could be a lot less.
0 votes 5 answers Share Flag
Wed Nov 26, 2008
Stan Rolle answered:
HI , You could check with Sarasota County, or the state of Florida at myflorida.com. There is an impact fee that's included with the price of the home. There are no other state tax fees to my knowledge. Venice is in Sarasota County. Please feel free to contact me to see the newly built homes in Venice. Or you can visit my web site to see "new construction' which I have listed, showing all the communities that are currently building new homes in the greater Venice area. I would be happy to show you these communities. Together I'm sure we can locate the house of your dreams! You can visit newhomesinveniceflorida.com ... more
0 votes 2 answers Share Flag
Thu Sep 18, 2008
Scott Godzyk answered:
There is no address to assist you. I can tell you Some other things you should know prior to bidding on a bank owned home are that you should do your inspections prior to bidding as the sale is as is and the bank will not negotiate with you after they agree on a price. You should include your preapproval with your offer. Your deposit should be at least 1% of the sale sprice and in certified funds. As well you should not ask teh bank to fix anything or include any contingincies as your offer may not be accepted. Lastly be ready to close within 30 days from acceptance. Good Luck with your purchase. ... more
0 votes 3 answers Share Flag
Mon Nov 10, 2008
Shannon Moore - The Moore Team answered:
Hi Geo,

Here are a few ideas for condos in Venice. This is just a small sample of what's available. Please give me a call or email I would love to discuss your plans with you. I have a lot of information on the Venice area on my website listed below. Looking forward to tallking with you!

Roxanne Moore, Realtor
Re/Max Anchor Realty
941-626-3926
twomoores19@comcast.net

Farmington Vistas, There's a 1 st floor 2/2 condo overlooking the Plantation's Bobcat course, 7th fairway and overlooking a lake. It's priced at 150K.

The Fairways, has a condo 2/ 2 with a golf course view on the second floor price at 150K.

Bird Bay, 3/2 condo, with greenbelt view. Priced at $149,900.

Venice Centre, on the Island of Venice-downtown and very close to the beach, 2/2. priced at $149,900.

Woodmere at Jacaranda, 2/2 built in 2000, 1481 under air. Priced at $149K.

Woodmere at Jacaranda, 2/2 built in 2001, 999 sq ft under air, $118,900.

Sentinel, on the Island of Venice within biking distance to the beach and fishing pier. 2/2, $128,500.
... more
0 votes 9 answers Share Flag
Tue Jul 8, 2008
Bill Eckler answered:
Rita,

There are 2 Washington streets in the Venice area, one in Gulf View Estates and one in Osprey. In an effort to provide accurate information could you please give us a call?

The "Eckler Team"
Michael Saunders & Company
Venice, Fl 34285
941-408-5363
ecklerteam@comcast.net
... more
0 votes 1 answer Share Flag
Sun Oct 17, 2010
Barbara Vance answered:
Good morning,
Any community that started sales in 2004 is in the same boat. High number of foreclosures. Pros and cons....Pros, if the builder is still selling inventory , you should be able to buy a NEW home at equivalent pricing to the foreclosures with factoring in the cost to bring foreclosure into "like new" condition- the foreclosure could end up being more costly. If the builder still has lots and are only offering "to be built" then buying one of the foreclosures might prove better. Cons: lots of foreclosures in a neighborhood will take a long time to absorb and in the meantime deterioration and transient tenants ( a whole other story) lowers quality of life.

Check very carefully...you can get a list of pending foreclosures as well as bank owned from several sources online.

All in all Lennar does a great job statewide with their Stoneybrook concept. If they are still in control of the the HOA they should provide you with the annual budget. If it has already been turned over to the homeowners, send a letter to the management company and the representative handling the community will provide same.
... more
0 votes 11 answers Share Flag
Thu Jun 26, 2008
Larry Story answered:
Roger,
I acutally have a great firm for you the link is below. Ask for Terry Mohler, they specialize in such properties across the country and can find you whatever you need. Whether it is $90,000 or $900,000 they can find what you want.

Larry Story
Coldwell Banker Triad
larry.story@coldwellbanker.com
... more
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