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Foreclosure

Foreclosure

For sale

3 beds, 2 baths

FAQ >> Tips on Buying in a Tight Market

Increase your chances of getting your dream house instead of losing it to another buyer, with these easy steps.

  1. Get prequalified for a mortgage. You’ll be able to make a firm commitment to buy and make your offer more desirable to the seller.
  2. Stay in close touch with your real estate sales associate to find out first about new listings that come on the market. And be ready to go see a house as soon as it goes on the market.
  3. Scout out new listings yourself. Look at Internet sites, newspaper ads, and drive by the neighborhood frequently. Maybe you’ll see a brand-new “for sale” sign before anyone else.
  4. Be ready to make a decision. Spend lots of time in advance deciding what you must have so you won’t be unsure when you have the chance to make an offer.
  5. Bid competitively. You may not want to start out offering the absolute highest price you can afford, but don’t try to go too low to get a deal. In a tight market, you’ll lose out.
  6. Keep contingencies to a minimum. Restrictions such as needing to sell your home before you move or wanting to delay the closing until a certain date can make your offer unappealing. In a tight market, you’ll probably be able to sell your house rapidly. Or talk to your lender about getting a bridge loan to cover both mortgages for a short period.
  7. Don’t get caught in a buying frenzy. Just because there’s competition doesn’t mean you should just buy anything. And even though you want to make your offer attractive, don’t neglect inspections that help ensure that your house is sound.
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105,5% Increase in Home Sales"Where prices are down the sharpest, sales volume is up the most" Looking for a safe place?Cape was second safest among Florida cities with a population of over 150,000 Leading the Nation! Cape Coral is clearly leading the nation in housing recovery. Now IS a great time to buy. Read it or see it in the media and the bottom will long be history!

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safe haven

Real estate is considered to be a safe haven against inflation

Housing Numbers November 2009 show Southwest Florida Home Sales/Prices heading towards Recovery

•Home sales in November 2009 were up 70.5 % over November 2008
•Pending sales for the month were 3,741, a 57.5 percent increase over last year.

This is why NOW is the time to purchase (income) properties while there is still enough inventory at prices that are still well below replacement costs. And interest rates are still low.

The key is to learn about the area, and to find properties that will start paying off immediately.

Contact us today, to find out which (investment) property is best for you.