@KathyCardet Cape Coral? Interested? Depends. 140K doesn't interest me though for that area. The lot size is nice and the pool is ok. I'll check back in a year.
Prices have been steadily rising and at $140k this one will be sold before the end of next month. Give me a call or go to my website for more info. You can sign up for automatic email alerts on properties that would interest you as they come on the market. If nothing else, it's good reliable up-to-date info...
@KathyCardet It'll still be on the market in a year. I'll get back with you then. I've been watching these properties for the better part of 5 years.
Currently we''ve got a contract in review and two back-up offers. The major delay with any short sale is in the lender's review process to approve the short sale. Once they've issued an approved sale price it becomes a more straightforward transaction with closing in 30 to 45 days thereafter. Should be interesting to see how your prediction works out. I'll keep you posted.
@KathyCardet You did not indicate it was a short when I first commented on the property. Is it 140 in the seller short range or is that was the lender is willing to drop to range? Let's be straight with each other here. This silliness is why you guys are in the shape you are in down there. I just dropped 1 FL agent over this kind of rubbish. Is this a trend or are you all playing games?
My apologies for the misunderstanding. I assumed from your original comment and my first response where I mention that the lender is asking for $140k that it was understood that this is in fact a short sale.
I don't know what kind of problems you may have encountered with other realtors but we have nothing to gain by "playing games" as you put it. This isn't exactly the perfect venue to discuss the details and I did invite you to contact me directly for more info.
@TheChuck624: just to be clear; this is a short sale which has gone through the lender's short sale review process and has been approved for sale at $140k (firm), which is higher than the current offer. The primary buyer has until next week to respond. If they choose not to proceed with the purchase at $140k there is a back-up offer for the full asking price waiting in the wings.
Again, I don't know who you've been dealing with or where you're getting your info but as a real estate professional right at ground zero of the nation's biggest building boom and subsequent collapse I can tell you that the majority of my colleagues are honest, straight-talking, hard-working people and we're moving inventory at a very fast pace.
Yes, there's a ton of short sales, foreclosures and distressed properties. Yes we've got properties with chinese drywall, properties that have been cannibalized and stripped and properties that were left half-built. But you know what? most of it is being bought up, rehabbed and put back into use. The real estate industry is going full steam and the community is benefitting greatly from it.
Cape Coral? Short sale? How low will the go?
TheChuck624 3 months ago
@TheChuck624;
We just got word last week - the lender is asking $140k. Interested? ;)
KathyCardet 3 months ago
@KathyCardet Cape Coral? Interested? Depends. 140K doesn't interest me though for that area. The lot size is nice and the pool is ok. I'll check back in a year.
TheChuck624 3 months ago
@TheChuck624
Prices have been steadily rising and at $140k this one will be sold before the end of next month. Give me a call or go to my website for more info. You can sign up for automatic email alerts on properties that would interest you as they come on the market. If nothing else, it's good reliable up-to-date info...
KathyCardet 3 months ago
@KathyCardet It'll still be on the market in a year. I'll get back with you then. I've been watching these properties for the better part of 5 years.
TheChuck624 3 months ago
@TheChuck624
Currently we''ve got a contract in review and two back-up offers. The major delay with any short sale is in the lender's review process to approve the short sale. Once they've issued an approved sale price it becomes a more straightforward transaction with closing in 30 to 45 days thereafter. Should be interesting to see how your prediction works out. I'll keep you posted.
KathyCardet 3 months ago
@KathyCardet You did not indicate it was a short when I first commented on the property. Is it 140 in the seller short range or is that was the lender is willing to drop to range? Let's be straight with each other here. This silliness is why you guys are in the shape you are in down there. I just dropped 1 FL agent over this kind of rubbish. Is this a trend or are you all playing games?
TheChuck624 3 months ago
@TheChuck624
My apologies for the misunderstanding. I assumed from your original comment and my first response where I mention that the lender is asking for $140k that it was understood that this is in fact a short sale.
I don't know what kind of problems you may have encountered with other realtors but we have nothing to gain by "playing games" as you put it. This isn't exactly the perfect venue to discuss the details and I did invite you to contact me directly for more info.
KathyCardet 3 months ago
@TheChuck624: just to be clear; this is a short sale which has gone through the lender's short sale review process and has been approved for sale at $140k (firm), which is higher than the current offer. The primary buyer has until next week to respond. If they choose not to proceed with the purchase at $140k there is a back-up offer for the full asking price waiting in the wings.
KathyCardet 3 months ago
@TheChuck624:
Again, I don't know who you've been dealing with or where you're getting your info but as a real estate professional right at ground zero of the nation's biggest building boom and subsequent collapse I can tell you that the majority of my colleagues are honest, straight-talking, hard-working people and we're moving inventory at a very fast pace.
KathyCardet 3 months ago
@TheChuck624:
Yes, there's a ton of short sales, foreclosures and distressed properties. Yes we've got properties with chinese drywall, properties that have been cannibalized and stripped and properties that were left half-built. But you know what? most of it is being bought up, rehabbed and put back into use. The real estate industry is going full steam and the community is benefitting greatly from it.
KathyCardet 3 months ago