Foreclosure Real Estate
It’s just murder out there this time of the year. Homes priced under $200,000 are tearing it up in the market. The closer the price of the home gets to entry level pricing the faster new listings hit and leave the market. Buyers snap them up fast when they’re a great deal [...]
Continue reading about Buying a Foreclosure in The Red Hot Entry Level Market
The Homeowner’s Parting “Remarks”
If you do not see the video above Click Here.
We’ve seen it all and we’re still seeing it, the trashed foreclosure. Occasionally, the owners have just walked away and left the home intact. Other times they take it out on the walls and strip the home bare.
Recently, I had a home [...]
Continue reading about Foreclosure and Revenge Against the Bank
How Much of Our Market is Short Sale & Foreclosure?
The area that this report covers is all real estate sold in SW Florida from Marco Island, Naples, Fort Myers, Fort Myers Beach, Bonita Springs, Estero and outlying areas. If it was registered in the Sunshine MLS, it was counted in this report. A little north [...]
Continue reading about Short Sales & Foreclosure vs. Equity Sales December 2009
Real Estate Sales and Price Point Guide
This real estate sales graph is probably looking a little redundant. The $400,000 and under price point has been on fire for months. Real estate inventory is moving quickly, especially if the property is priced well and in good condition.
We’re still having real estate buyers come to town [...]
Continue reading about December 2009 Real Estate Market Report
Foreclosure notices, lock boxes and new dead bolts in Florida real estate
Kinda Makes Me Want To Pull The Fire Alarm
A buyer recently asked me if there is anything that I can do to speed up the short sale process. Why funny that they asked on the heels of the shiny, new and improved rules that that have just been formed to streamline the short sale quick [...]
Continue reading about New Short Sale Real Estate Guidelines – We’re Saved!
That Warm Fuzzy Feeling
It’s that time of the year folks. It’s time to give. Give heartily and freely because it’s the right thing to do and there are so many people in need. Why I even received an email with the greatest header that read “Dignity, Peace, Prosperity” asking me to give, give, give. [...]
Continue reading about Five Million Reasons To Give This Season
Financing after bankruptcy, foreclosure, short sale, deed-in-lieu
Continue reading about Credit and Purchasing Real Estate After Foreclosure, Bankruptcy, Short Sale
Finance Barbie: Fake Currency Included
Party Dress & Yacht Sold Separately
Several days ago I was crossing the state in my car. While listening to the radio I overheard a report of senior vice president, banking executive who had “borrowed” a bank owned home in Malibu, California for her own personal use and entertainment.
On a daily [...]
Continue reading about Who Else From The Bank Was on The Guest List?
Buyers don’t have the attention span to wait out short sales in real estate.
Continue reading about Remember When Patience & Contracts Were Virtues?
Conventional, Cash and FHA Financing Statistics
Wondering how things get paid for in the Bonita Springs and Estero Florida real estate market? These are the number for July 2009 taken from the Sunshine MLS. This is the closed real estate sales only during that month. Cash is king, followed by conventional mortgages and a little bit [...]
Continue reading about Funding Estero & Bonita Springs Real Estate
The Second Run of Investors
“But I thought it was a buyer’s market” … That’s what the last buyer said to me that had put in a half dozen offers on homes and lost the contract on every single bid. It is, in fact, a buyers market but there are also a lot of buyers out [...]
Continue reading about When Qualifying For a Mortgage Doesn’t Matter
What is the condition of real estate sales in Bonita Springs and Estero Florida: Short Sale, Foreclosure or Regular?
Continue reading about Bank Owned, Short Sale & Regular Real Estate Statistics
Years of Bonita Springs real estate home owner association dues go unpaid when properties close. Can your HOA afford the next ARM reset?
Continue reading about Home Owner Associations Lose When Bank Foreclose
The Red Hot Appliance Market on Craigslist
Home buyers and real estate agents have become used to to the echoing hollowness of a kitchen with no appliances. The surprise of it has worn off, especially in communities with excessive amounts of short sales or foreclosures.
If they were included in the mortgage, they’re not likely paid for. [...]
Continue reading about Where do all of the Refrigerators go?
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