14Dec 2008 by Susan Milner

Cape Coral gulf access house for sale

Buyers, Cape Coral Real Estate, Cape Coral short sales, SW Florida Real Estate
                        This beautiful, new home in SE Cape Coral is ready for new owners. Located very near the Caloosahatchee River (only 1 bridge to navigate under). This very large home features a formal dining room, large living room, breakfast room and separate den or study. Spacious master bedroom has 2 walk in closets & dual vanities, jacuzzi tub and walk around shower. 2 other bedrooms on other side of the home connect and both have full bathrooms as well. The kitchen comes equipped with all appliances, center island, solid surface counters and wood cabinets! Outside you'll find the lanai with swimming pool with great views down the gulf access canal. 3 car garage, hurricane panels, irrigation system and manibloc plumbing truly complete this home. Call us, or your…
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19Nov 2008 by Susan Milner

Cape Coral Real Estate Compared to Black Friday

Buyers, Cape Coral Real Estate, Cape Coral short sales, Opinion, SW Florida Real Estate
Cape Coral, FL   Real Estate news How our current real estate market relates to Black Friday.   We all know Black Friday. The day after Thanksgiving that so many rush out in the wee hours in the hope of finding that AWESOME deal on some electronic or other great Holiday gift.   We'll compare the glossy store circulars to the real estate websites.   A couple will be lucky & will be able to buy one of the 3 50" flat screen t.v.s for $50. We'll call that an under valued short sale that got lucky. You know the $50,000 home that exists in Cape Coral. You look at the photos online and can't believe your eyes. But you get down here to see that the house needs a lot…
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19Nov 2008 by Susan Milner

Cape Coral Short Sales | Cape Coral short sale advice

Cape Coral Real Estate, Cape Coral short sales, Opinion, Sellers, SW Florida Real Estate
Cape Coral Real Estate - How Short Sales should work - our opinion Short Sales and How I Think They Should Be Handled   First of all I do not believe that any real estate agent should list a home as a short sale without having done some research first.     Research   You should have a preliminary title search done to determine if there is a second mortgage or any other liens on the property. Determine who the owner(s) are.                 Document Collection   Next, you should collect all of the necessary paperwork that the lender will require for their short sale package. (Some banks require less/more documentation but this is a very ’standard’ list)   Obviously the following that you’d normally complete:   CMA -…
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01Nov 2008 by Susan Milner

Tenants are you renting a pre-foreclosure?

Cape Coral Real Estate, Cape Coral short sales
Tenants Renting Pre-Foreclosures FOR SALE Property Management and Trying to Sell a Rented Home   Many of the houses we have listed for sale are in a pre-foreclosure situation right now. That’s ok, we do have experience with short sales.   But we also have many pre-foreclosure homes with tenants in place. No, we didn’t place the tenants, we don’t think that is right, they were already there & typically prior to knowing about any type of pre-foreclosure issue with the owner.   Ok, fine. So how can we sell these homes with a tenant in place?   In the best case scenario, the tenants would work WITH us. If we sell the house to someone else BEFORE it forecloses their lease will remain in effect. Great. They still have…
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25Oct 2008 by Susan Milner

Cape Coral Short Sales | Advice for banks

Cape Coral Real Estate, Cape Coral short sales, Opinion
I'm a firm believer in only addressing a problem if you have the solution. The recent blog I wrote about Countrywide short sales sure caused a lot of comments, emails and phone calls. Not to worry, I have a solution. Read the full article about Countrywide Short Sales and the WHY behind this post. Here's what I propose the banks do to collect the most money back on these bad loans:   1)    Have an intake department with a checklist of items needed in package (timeframe: same day of receipt) a.     Reject all that are missing items - send letter of explanation b.     Forward on all complete packages to analysis team   2)    Analysis Team - reviews package (timeframe: 2 days of review) a.     Verifies hardship b.     Verifies value c.     …
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