Cape Coral Foreclosures Q&A for home buyers.

Cape Coral Foreclosures Q&A for home buyers.

If walls could talk and Realtors could complain what would you expect to hear now. I imagine it would be the endless days and hours of showing properties to buyer's that are always being out bidded on homes. Perhaps it would be the Chinese drywall issues, the city's tax assessments, the new utility expansions that were suppose to be haulted. The banks and Realtors are always sending emails to buyers calling out for higher and best offers on REO's and now Short Sales. Realtors are not all created equal and some are playing with fire holding out for higher offers or not even sending in offers that do not meet the criteria the seller's want. The Realtors job is much more complex and difficult and many are victims of foreclosure. Can you Imagine you are looking for great steals and deals and the Realtor beside you has not told you he or she was in foreclosure. Ouch!

Hussle

is the name of the game for Realtors, Buyers, and Sellers. It is a rollercoaster ride that starts so fast and spins you around in circles then totally and abruptly comes to a complete stop.

Want to know about foreclosures and short sales? Read these common asked questions and answer that I have prepared for you. Want a get a free list of foreclosed properties email me with the specifics such as : areas, sq ftg, beds, price, and location. My email address is myrealtorkathryn@gmail.com.

Q. Just how many homes are in foreclosure?

A. Literally hundreds of foreclosures and short sale homes are currently for sale in our area. Now is your cha

nce to buy a foreclosure in Cape Coral, Fort Myers, Sanibel Island, Fort Myers Beach, Bonita Springs,and Lehigh Acres way below market value.

Q. Why should I choose you to be my Realtor?

A. I can give you my experience as an investor, rehabber, and realtor. Let's go one step farther and I have the experience as an appraiser plus I have spent literally thousands of dollars investing in education and rehab programs.

Q. What should I expect from buying a foreclosure or short sale property?

A. When buying a foreclosure the wait for the bank can be from a few weeks to a month. The houses generally need landscaped and painted but that is typical. There is little room for negotiation of price because the banks have already foreclosed on the property.

When buying a short sale the wait is most likely alot longer but the houses are normally in good condition yet a little landscaping and paint is mostly necessary. The negotiation of price is better however not more than $10,000 less than the asking price. A CMA will help you determine your bidding price

Q. Can I buy a new home under $50,000 that i can move into right away?

A. Yes, but it is a tough fight right now because the investor's are here buying those properties and paying above market price.

Q. What do i need before i look at properties with a Realtor?

A. You need to be pre-approved for a mortgage or have proof of funds available that show you can pay cash for the house. You will also need to know that generally 1% of the sales price must be applied to the down payment when putting in an offer.

Q. Can I go look at through the windows and walk around the properties prior to calling a Realtor?

A. If you do that you can be charged with trespassing! Be Aware of that!

Q. Well how do i get started? Step By Step?

A. Follow this:

1. Get Pre-Approved or have Bank Statement Available!

2. Email me your criteria

3. Hire Me

.

4. Find your dream home!

Its that easy but act fast!!!!!

Are you looking to sell your home FAST?

then call me now and i will make an appointment to show you five easy steps to a succesful sale!

Read more about Cape Coral / Fort Myers by clicking on this link to My Blogs on local Real Estate

Why all the foreclosures? my My Realtor Website or click here to Search Area Homes .

Written By Kathryn Blackman

Sandals Realty

www.kathrynblackman.com

Cell:239-297-8936