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Real Estate Matters: Great buys vs Best deal

11-20-09
Matt Gierden
Matt Gierden: Real Estate Agent in Fort Myers, FL

Real Estate Matters: Great buys vs Best deal

By WINK News

Story Updated: Nov 20, 2009 at 8:37 AM EST

Buyers from around the world are watching our real estate market, wanting a good deal. Who would blame them? But many of these potential buyers are setting themselves up for disappointment because they get caught up believing that a good deal has to be the BEST deal.

What can buyers do to make sure they don't miss out on a GREAT buy, while searching for the BEST deal?

WINK'S real estate contributor Denny Grimes of Denny Grimes & Company will offer some tips to help buyers manage their expectations.

Point 1: Buyers need to realize that anything selling below replacement cost is a good deal

Just because there is a "For Sale" sign in the yard doesn't mean it a good deal, because many sellers are unrealistic.

But, the heavy inventory we have today has driven prices so far down that most properties are selling BELOW the cost of reproduction.

Buying something for less than it cost to construct is irrational and common sense tells us that that cannot go on forever.

So, anytime you have the opportunity to purchase a property below replacement cost, rest assured, you are looking at a good deal.



Point 2: A good deal is not measured by how much below the asking price you buy something


This is where most buyers get tripped up because if they don't beat the seller up on his price, then it must not be a good deal.

I believe if we found a seller offering his home for a dollar, some buyers wouldn't be able to sleep at night unless they offered that seller 50 cents.

In today's market, most bank owned homes are selling over the asking price and most short sales are selling very close to asking price.

So, my recommendation to buyers is to take the emotion out of the buying process and study the market.

Then work to find a property that can be purchased within an acceptable range of market value, which may have nothing to do with the asking price.


Point 3: Buyers waiting for the best deals may get a lower price on a property they really don't love

Could a better one come along, sure, but the buyer will be running the risk of getting a better price on a property or a location they do not like as well.

There will always be a better deal out there, so be satisfied with the deal in hand.

In the end, the only buyers who will be sorry several years from now will be the ones who did not buy.

Watch full interview at: http://www.winknews.com/features/70611897.html

2009 German / International Christmas Market

Caroline  Dunn, Realtor Cape Coral Florida : Real Estate Agent in Cape Coral, FL

L'Immobilier en Floride A Fort Myers Beach maisons a vendre sous $300,000

LLoyd Nichols~SW Florida Homes : Real Estate Agent in Fort Myers, FL

[hello Francophones!
Fort Myers Beach, a Florida island located on the Gulf of Mexico, is still offering homes under $300,000. As the island is narrow and only seven miles long every homes on the following link is close to the beach.
Fort Myers Beach Real Estate in 2009 has seen a strong flux of sales and strong signs show that the market has stabilised.]

North End Fort Myers Beach

Bonjour les francophones!
Fort Myers Beach, Floride, une île située sur le Golfe du Mexique, a encore des maisons a moins de 300.000 $. Comme l'île est étroite et simplement sept miles de long ( un peu plus de 10 klms) tous les logements sont proche ou tres pres de la plage. L’immobiler a Fort Myers Beach est solide.

DSCN3311
Fort Myers Beach Real Estate en 2009 a connu un fort influx de ventes et ce sont des signes évidents que le marché s'est stabilisé.

DSCN3328

Il y a dix maisons individuelles sous $ 300,000 en Novembre 2009 en ventes. Fort Myers Beach est une île idéale pour investir dans un marché immobilier Floridien encore très intéressant, surtout avec un dollar canadien fort et l'euro a $1,40-$150.
Voici la liste de ces dix logements disponibles a Fort Myers Beach :( lien dessous)

vers le Gulf Du Mexique

Si vous avez besoin de plus amples renseignements concernant les termes d’Immobilier-Real Estate, les transactions, les taxes, les assurances et la liste de maisons en vente a Fort Myers Beach , contactez Lloyd et bonne chasse!

Map picture

Lloyd Nichols

realtorlloydn@aol.com

Right Choice Realty LLC
cell: 239-810-2980
office: 239-463-5217
Activerain Local Blog: http://localism.com/neighbor/lloydn
Active Rain Blog: http://activerain.com/lloydn
Website: http://www.mlsouthwestfloridahomes.com Search the MLS in Southwest Florida
Listingbook: http://lloydnswfloridahomes.listingbook.com/

Fort Myers Beach gulf access short sale pool home

LLoyd Nichols~SW Florida Homes : Real Estate Agent in Fort Myers, FL

Located mid island, this Fort Myers Beach Short sale is a well built classical island home with a true gulf access canal frontage.

FMB gulf access pool home

The first floor apartment has been recently remodeled and looks pretty sharp.This was a good surprise. Granite counter, tile floor, redone bathroom.Top floor needs some floor and kitchen upgrading. A bit old fashioned.

Gulf Of Mexico

The house is elegant. It does have a canal frontage which would be good enough for a 25 footer or so. Views of the canal are good and one can see the Bay from the dock. Lanai is quite large and old fashioned but does not need major $. Garage is large and pool is great.

pool and gulf access canal
which cost $65k. Metal roofing is in good condition. Overall a very good home which needs some light updating .

view from the canal

Master bedroom good size including the master bathroom.

Courtesy of Bob Bunting of C21 triPower. This home, also known as The Lighthouse has 3 bedrooms and 2 baths with over 1800 SF plus a large separate 1st floor sharply renovated separate apartment.

Link bellow: (you can use the slide)

The Lighthouse

This studio apartment has a French doors entrance with recent large floor tiles and some nifty sandy colored granite counters in the kitchen. It is a handy addition for guests or family members. it has a full large bedroom and one of the entrances opens up towards the swimming pool.

appartment

!

( you may want to follow my blog for a list of available waterfront homes in my next post through the first 2 links below)Courtesy of Bob Bunting of C21 triPower.

towards Estero Bay

For more information regarding Fort Myers Beach waterfront homes or Fort Myers Beach canal homes contact LLoyd

or e-mail at realloydn@aol.com and happy Hunting!

Lloyd Nichols

Right Choice Realty LLC
cell: 239-810-2980
office: 239-463-5217
Activerain Local Blog: http://localism.com/neighbor/lloydn
Activerain Blog: http://activerain.com/lloydn
Website: http://www.mlsouthwestfloridahomes.com

Listingbook: http://lloydnswfloridahomes.listingbook.com/

Cape Coral Florida Real Estate

Marie A. Marro: Real Estate Agent in Cape Coral, FL

Cape Coral Florida Real Estate, Property Management, Condo Management, Homes For Rent and Homes For Sale

AQUA Property Group Inc.
1322 SE 46th Lane
Suite 104
Cape Coral FL 33904

aquaproperty@gmail.com
www.aquapropertiesinc.com

Office: 239-558-8372

Fax: 239-558-8448

http://www.aquapropertiesinc.com
http://twitter.com/aquaproperty
http://www.myspace.com/aquaproperties
http://www.facebook.com/people/Aqua-Property/1418975980
http://www.youtube.com/aquaproperty