Traffic is down on my street and the main drag. My favorite time of year. Opportunity is around the corner for buyers. The big bulk of visitors have left. So, for the next couple of months opportunities will abound. Now it is time to buy that dream home in Paradise.
Posts Tagged ‘Fort Myers’
Snowbirds are Heading Home
Thursday, April 21st, 2011Hiding Behind The Door? Come On Out
Wednesday, February 2nd, 2011
Hiding Behind The Door
Folks are hiding behind doors when the doorbell rings. They haven’t made a payment for a long time on their mortgage. The Ostrich syndrome I call it. Don’t think about it and maybe it will go away. It won’t, but we can help minimize the damage. Please let us help.
Perception is reality. Changing perception is always an uphill battle. A home owner in trouble is scared and trusts in the banks, still. They have the misconception, fostered by these same banks that they are truly out to help. The lending institutions are a corporation in business to make money. Never forget that.
Perception that Realtors made gobs of money in the hayday and they are all out for themselves is still prevalent. It is so hard to fight fear and gain trust. So my goal is to save one homeowner at a time from foreclosure. It feels really good to have a homeowner finally get thru the shortsale process and get back to their life.
My husband and I both became CDPE certified to help homeowners mitigate the damages in a more timely manner. It has changed my attitude and business. We can really help one homeowner at a time make their life a little better.
Only State In The Union Without SNOW!
Wednesday, January 12th, 2011The only state in the Union without snow! If I were you I’d head to SW Florida as soon as you shovel your way out. I am watching the today show and Connecticut, Mass. and New York are getting hammered yet again. Atlanta is finally getting around. While you are home trying to stay warm and dreaming of SW Florida, call us and make that dream of palm trees and blue skies come true.
We have sunshine, blue skies and oh yeah, NO SNOW!
The prices are right. Cape Coral waterfront or off water homes are unbelievably affordable. Fort Myers has wonderful communities sporting golf, over 55 active, or just living the Florida life style. The choices are varied and again prices you won’t see again.
Today we watched across the street from our house a young osprey take flight for the first time. Wow, what a fun experience. If you want to know where all the birds go in the winter, just come to Florida.
Are you affected by the winter blues? Does the lack of sunshine and color affect your mood? Well, it used to make me grumpy when I lived in Pa. and Md.. Finally we moved to sunny Florida and the blue skies, blooming flowers in winter and it is a WOW.
So what are you waiting for? Give us a call and find out why this is such a great place to live, work and play.
Juried Art draws 1000 visitorsMy convertible, my sunglasses and the open road!
January flowers at the McDonald's drivethruPalm trees, blue sky and your boat.
Evictions Suspended For the Holidays.
Thursday, December 2nd, 2010Freddie Mac said Wednesday that it will suspend foreclosure evictions from Dec. 20 through Jan. 3 of next year. This is the 3rd year in a row. This is just for those that have Government backed loans; but it is a good thing for those that really need it.
Sales Numbers for September and October 2010
Sunday, November 7th, 2010Single family homes were the big winners in both Cape Coral and Fort Myers. I imagine condo sales will pick up when season is here.
Single family homes closed: September October
Cape Coral 422 411
Fort Myers 253 193
Condo’s Closed:
Cape Coral 36 37
Fort Myers 139 114
If you need information for your specific neighborhood, just let us know. We have lots of tools that can help if you are thinking of selling your home.
Keep Your Home Sale from Falling Apart
Sunday, October 24th, 2010-
Keep Your Home Sale from Falling Apart
After finding a buyer, all you have to do to make it to closing is to avoid these five traps. Read
Visit houselogic.com for more articles like this.
Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®
Are You Sure Your Seller Is The Real Owner? WARNING!
Thursday, October 21st, 2010This is a cautionary tale. I received an email several months ago from a potential client. He claimed to be a lot owner in an exclusive neighborhood in Cape Coral, Fl. The lot is valued today around $450,000. The owner purchased this property at the top of the market for well over $1,000,000.
The email was his name @yahoo.com. He asked for comparables which I provided and he then instructed me to send him the listing agreement which he returned. These folks live in Germany so this did not seem unusual. I listed the property and did a video, signage and marketing.
I received a phone call from a friend/realtor of the REAL seller who just arrived for the winter. He told me these people never signed the listing and never intended to sell their lot. I met with them the next day and they were upset. I don’t know how far this could have gone, but let me tell you I was upset. We have both been scammed maybe because of absentee ownership. I can only imagine they might ask to use their title company or maybe a fraudulent passport and notary. I did report this to the FBI cyber crimes, yahoo and the local authorities.
Thank goodness we never received and offer. Don’t let this happen to you. Contact me and let me help you protect your investment!
Rantings On Mortgage Money. Just Do It Now.
Sunday, October 3rd, 2010We have gone from fogging a mirror to get a loan to blood type and perfect credit.
We should never have had the first. It just led to misuse, greed, corruption and financial ruin. Who is to blame? Well, the financial institutions under federal mandate to have everyone own a home and then the almost manic lending practices instituted by these same institutions. It was out and out greed on their part to make as much money as quickly as they can. As competition for this market increased the crazy ideas to lend went even farther. Try to get an 80/20 loan now. What was that? When it was first announced I knew it was the beginning of the end. Life is just not 100% free without some serious strings attached.
Since the debacle we are back to 20% down or FHA 3.5% down. The trouble now is the pendulum has swung to the other direction. The mortgage process is arduous at best. By the time people even with good credit finally get their loan they are so stressed, angry and frustrated the excitement of their new home has been destroyed.
- The appraisals are often very low due to the crazy foreclosures and condition of properties. Prices on similar homes can vary 30% or more. The appraiser then takes the lowest and adjusts to that. The appraisers have taken the blame for much of this down market and now their rules have tightened. THIS IS THE FIRST AND OFTEN FATAL HURTLE.
- b. The old saying “Dot the I and cross the T” is taken to new heights. Here are just two examples. A Physician with and established practice was asked for a copy of his license. A senior VP transferred every year for the past three years had rented because of the transfers. They asked for 15 months of cancelled checks (front & back). After receiving those wanted 3 more months. AND ON AND ON AND ON!
I don’t know when things will get back to “NORMAL”. I just hope it will be soon!
Now that you know the bad let’s look at the good news. That would be: Interest rates are at an incredible all time low rate. Take advantage. What are you waiting for? Extremely low prices and extremely low interest rates are here now. Have you done the numbers? It is a WOW! Sign up for automatic searching in your area or desired area at www.TwoCityLink.com
SHORT SALES VS. FORECLOSURE IN THE BANK’S EYE
Wednesday, August 11th, 2010In recent months it was apparent some of the short sales that made great sense were not making sense to the banks. We would have a fair market price for the home and a great buyer. They would just close the file and foreclose on the borrower. The question was always, why? The story is basically the same but let me set up the scenario. This story is played out all over Cape Coral and Fort Myers.
The borrower thinking the market would never collapse to the degree that we experienced refinanced for a variety of reasons (2 of my customers over 70 used the money to help their children). Others just purchased homes that were 60% more valuable than they are today. Since the collapse, they have lost their jobs, had health issues, and lost their retirement in the stock market and other retirement venues including owning other real estate.
The bottom line is they could no longer pay the mortgage payment. They need to survive. The program used to be that the banks did much better with a short sale than a foreclosure. A short sale was much quicker; the property was in better condition; the legal expenses were thousands less; it was a much better scenario for the banks in taking back a property.
Step in the Federal Government to screw this up. The banks that collapsed and their debt was offered to other banks at say 70% of value by the FDIC. You must watch the following YouTube video: http://www.youtube.com/user/fiercefreeleancer. Please pass this video on to everyone. It illustrates the greed of the financial institutions and lack of thought by the Federal Government. The ones getting hurt are the public. The fall out is not just the people losing their homes. The fallout from this has far reaching effects for the total economy and valuation of everything.
Don’t hesitate to comment and repost. Please contact your Senators and Congressmen. Let them know how disappointed you are in the current financial idiocy and to help real people.
Contact me at Linda@Flackteam.com or www.TwoCityLink.com.
Cape Coral and Fort Myers No Oil
Monday, August 9th, 2010The Forbidden Zone of SW Florida. We in SW Florida are located in the best place possible in Florida. The #1 concern today is over the Gulf Oil spill. But, we are looking very good. Not only does the Gulf loop current stay away from our shore, BP has the leak under control and is cleaning the water.
I didn’t know until recently that their are organisms in the water that feed on the oil. Over time this helps dissipate what is not picked up.
A team of researchers from the University of South Florida, Scripps Oceanographic Institute, Florida State University, and the Minerals Management Service (Yang et al. 1999) identify SW Florida as the ” Forbidden Zone”. This project placed over 300 passive drifters at various locations in the northern Gulf, from the Mississippi-Alabama border eastward to off Cedar Key, Florida, and tracked their changes in location via satellite.
Here is the link for the map of the passive drifters placed in the Gulf and the path that they took. This is what identified SW Florida as the “Forbidden Zone” http://www.fgcu.edu/CWI/files/Forbidden_Zone_CWI.pdf .
So, come on down. The water is clear, the weather is great and the deals are plentiful. Boating, fishing and our beaches are all top notch.