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| THE Daytona Beach Real Estate & Community Events blog. By Lisa C. Hill, "THE SMART CHOICE!" |
I was just commenting on a real estate blog post here on Active Rain, with the TV turned down pretty low. I tend to blog this way quite freqently. I don't really like to just sit and watch TV. Actually, I think I'm incapable of doing just one thing at a time. Anyway, I wasn't really paying attention to the TV until I heard a commercial that had just one statement that got my attention. It was about the real estate foreclosure market in Florida.
With the presidential election coming up in just a few weeks, there have been a lot of political commercials on TV, and this was one of them. So I'm far from being completely convinced as to the validity of this statement. (It was, of course, just more mud slinging in the rest of the commercial.) But the statement was that the state of Florida is experiencing more than 1400 home foreclosures per day. WHAT!?! Per day!?! Wow!
So I'd like to know if anyone can verify the statement that I just heard... "The state of Florida is experiencing more than 1400 home foreclosures per day." Can anyone verify these numbers?
That being said, I'll have 4 VERY affordable condos coming on the market soon. These will be short sales, but they were financed through a private lender who has agreed to the prices and the commissions. We have the lender's assurance that there will be no delays on getting the contracts signed, and the commission will not be reduced. 3 of these units are in the same building where I had many units listed for sale over the last year. A few of them sold, but 3 of them are now being foreclosed on by a private lender. The 4th unit is financed by this same lender, but is in a different condominium, located directly on the river. Stay tuned for more information. Just be a little bit patient. I've been working with these clients for over a year. While they're quick to get things sold, they're a bit slow in getting signatures on all the initial paperwork.
I'll keep you posted. In the interim, view the condos for sale in the condo-conversion project, from when I initially listed the entire building. Just follow the link above. They're all beautifully remodeled.
www.DaytonaBeachRealEstateSales.com
www.DaytonaBeachRealEstateVideos.com
For all your real estate needs, make a Smart Choice and contact Lisa C. Hill, with Adams Cameron & Co., REALTORS®.


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Yes, you read my title correctly; I had a busy week last week, in Daytona Beach real estate.
As I’ve been stating since this year started, my business has picked up tremendously. Many of you have attributed it to my attitude and decision to have a personal slogan for this year: “Real Estate is Great in 2008!”. (I really should just add a new page to my web site, just for my annual slogan.) Whatever the reason, I’m having a great year. But it’s not exactly what I expected... sometimes God works in mysterious ways.
I’ve mentioned in several of my other real estate blog posts that I have a condo-conversion project listed in which the seller decided to start renting the units, since the sales were so slow. Well, in the
last 3 ½ months, we’ve rented 24 of the 42 units.
Ironically, when I listed the project, I had a feeling God was going to open some different doors. Well, considering I’ve never done any rentals before, I’d say this is definitely a different door! And although the money may not be as much as real estate sales, I'm staying active in the industry, and I'm getting paid! No 2nd job will be necessary for me! (I have other listings and full real estate closings as well.)
And to clarify, I’m not doing any property management. The seller has a building superintendent that doubles as the building manager. I just show the units, explain the terms, collect the initial application fee, deposit and first month's rent, then give the tenant his or her keys. I also update the building chart, as to which units are still available. So far, the project has been fairly enjoyable. Very early in the process, I learned the best ways to keep things running smoothly.
As for advertising...
But I believe that more doors are going to open for me, from this project. The full extent of what God is doing, is yet to be seen. But I know that for me anyway, Real Estate is Great in 2008!
Real estate buyers, if you want to buy an affordable condo in Daytona Beach, Florida, contact Lisa Hill today to view this beautifully remodeled building: Surfside Villas Condos. Or view my full web site that is packed full of blog topics and links, MLS listings, Real Estate Video Tours and Slide Shows, Market Updates and much more at www.DaytonaBeachRealEstateSales.com.


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