Tax Credit guidelines for new and repeat home buyers Buying a new home in Cape Coral is both an exciting and stressful experience. The federal government has made an offer we just can't refuse. Homes are now going to be much more affordable than ever, with a fantastic tax incentive for buyers. This is an amazing opportunity to finally own your own home or relocate to the digs of your dreams. Read below to see which program you qualify for. $8,000 First-time Home Buyer Tax Credit The $8,000 tax credit is for first-time home buyers only. For this tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence three-years prior to the purchase. The tax credit does not have to be…
Island Sound at Pelican Preserve Condo for Sale
With the Estero River and a pristine wooded preserve as your backyard, a 27 hole championship golf course, 6 lighted tennis courts, boat launch, fitness center and oversized pool, Island Sound in beautiful Pelican Sound in Estero, Florida is a perfect choice to enjoy a real Florida lifestyle. This 2 bedroom 2 bath custom designed condo has an eat-in kitchen and dining area, tiled floors throughout, screened lanai where you can relax in the beautiful Southwest Florida outdoors and is situated near the pool. Each spacious bedroom has plantation style shutters and custom paint throughout. The condo boasts a spacious living room adjoining the lanai. The Pelican Sound Golf Club has a pro shop, men’s and women’s lockers and a casual grille to stop in after your round of golf…
Selling Your Home in Cape Coral It seems that buyers and sellers are still nervous about the housing market in Cape Coral. We are getting calls every day from people anxious with questions about selling their Cape Coral homes. "Is now a good time?" "What are my options if it doesn't sell?" They speculate on conditions improving with hopes they will get what they owe on their homes without having to put it on a short sale or worse, have it foreclosed. The truth is, you, as a seller, will know when it is the right time. As real estate agents, we can assist you with your process, we can also answer your question, but we certainly don't know when you are ready to let go of your house. Sometimes,…
Chinese Drywall found in Cape Coral & Fort Myers houses
Buyers, Cape Coral Real Estate, Cape Coral short sales, Fort Myers Real Estate, Fort Myers short sales, SW Florida News, SW Florida Real Estate
[caption id="attachment_174" align="alignright" width="300" caption="cape coral real estate"][/caption]Chinese Drywall in and around Cape Coral, Ft. Myers and Lehigh Acres is something to be aware of Over the past couple of years we’ve been hearing more and more about Chinese Drywall in SW Florida. Our office focuses mostly in Cape Coral & Fort Myers real estate. There are many homes & communities that have been affected by Chinese Drywall. Most of these homes were built between the years of 2003-2008 but there have been some instances found dating back as early as 1998. During those periods, our housing/building boom, drywall was imported into the United States that was manufactured in China & much of it contained potentially toxic materials. If you are considering purchasing a home in our area that was…
Lee County real estate market statistics
Welcome to September. I can't believe we're 2/3 through 2008 already. This year seemed to FLY by. It has proved to be a very historical year so far for real estate here in SW Florida. With unprecedented foreclosures and short sales in Lee County, the values definitely continued to decline. Sales went up over the year however. I'd like to share with you statistics I pulled up today. From January - August residential sales (not including multi-family or land) in Lee County by the year. 2009: 13,505 * 2008: 7,252 2007: 5,414 2006: 8,052 2005: 10,896 * 2004: 9,351 * 2005 was our peak year for values & volumes prior to 2009 which clearly shows nearly 125% more sales than in 2005! I also calculated the median sales price to…