2326 Del Prado Blvd S. Cape Coral, FL 33990
Cell 239-823-3631 Toll Free 866-212-6277 Fax 239-997-2694
Member of National and Florida Association of Realtors and Realtors Association of Greater Fort Myers and The Beach
See my composite flyer that includes all the homes I currently have listed for sale.
Info on the Current SWFLA Real Estate Market
Dear Fellow Herons Glen Friends, Neighbors, Residents and Prospective Purchasers and Tenants,
The good news is that the real estate market is improving slightly, as is our economy and consumer confidence in the housing market. For the first time in a few years, economists have concluded that it is now more advantageous to own than to rent! The lower prices of homes, the lower mortgage rates and the plentiful supply of homes for sale all contributed to these decisions.
1.) What I know is that because of an abundance of homes on the market, and plenty of mortgage availability at low interest rates (currently under 5%, historically one of the lowest mortgage rates ever. This poses an exceptional opportunity to get a good buy for a personal residence or a rental property. Because of all the foreclosures, short sales and voluntary turn backs of property to lenders, many people are looking to rent because they lack the credit or down payment, or because they want to see where the market is going. In Herons Glen, although prices have fallen by about one-third since the 2005 escalation (back to where they were in 2003 and 2004) we have a stable, mature real estate situation with very few foreclosures or turn backs. I sold 14 houses and one building lot last winter, another in June, another in August, an Osprey in July in Magnolia Landing, so there are plenty of Buyers if the prices are right! My highest sale was $450,000 in June 2010, so things are definitely looking better!
The Fort Myers-Cape Coral, Fla. area experiencing the third largest increase in home sales in the country in July, selling 69.5% more homes than the preceding July! This, coupled with a spike in new home sales, an increase in consumer confidence, with traffic on the real estate website of the National Association of Realtors’ realtors.com increasing by 29%, and time spent on the website up 26% compared to one month earlier, could be signaling a real estate turnaround and a pent up demand for home purchases. None of us have a crystal ball, and we won’t know that we’ve hit rock bottom until after it has passed us, but all indications are that THIS IS A GREAT TIME TO BUY!.
2.) For you "bargain-hunters", I have created a new section of this website called "BARGAIN HUNTERS: Foreclosures and Short Sales" Just check on that link to find what I consider to be the best deals in foreclosures and short sales in the surrounding areas, and pay attention to the warnings I give you at the top of that screen. Call me for any questions, interpretations, and opinions, etc.
3.) My office, Re/Max Realty Team, is now the #1 office in Lee County. RE/MAX has passed Century 21 as the largest and best-selling real estate franchise in the world and its reputation for “Outstanding Results- Outstanding Agents” is well earned- they have the real estate franchise website with the most hits, they spend more money advertising than any franchise, their philosophies and techniques are leading edge, they have weekly training meetings plus on-line webinars, - all of which will allow me to work more effectively for you!
4.) My policy, installed this past winter, of providing at my expense a ONE-YEAR HOME WARRANTY, with Replacement coverage, on every home bought or sold through me, has been a big success-some of my competitors have copied it! I buy the “upgraded” coverage which protects the washer/dryer, the garage door opener, roof leaks, pool and spa coverage if applicable, etc. Because the replacement coverage is limited, and most of the claims arise out of appliance malfunctions, I am now offering Buyers their choice of a 1 year appliance service package or a home warranty.
5.) I have purchased the upgraded version of “LISTINGBOOK”, which will allow all of my Sellers and Buyers to receive daily email reports via Multiple Listing service with pictures, of activity regarding the home they are looking to sell, new listings and price reductions of comparable homes for sale, or activity regarding homes matching the criteria of what you, as a potential Buyer are looking for, Open Houses, new listings, price changes, etc.
6.) I still have a separate side of my real estate business, in addition to residential home selling and renting, known as “MR. LAND”, specializing in the sale of vacant lots and acreage. This not only capitalizes on the use of my last name in an eye and memory-catching way, but utilizes my skill as a real estate attorney for over 41 years, frequently appearing before zoning or planning boards, litigating title, foreclosure and boundary issues.
7.) In the last 20 years of practicing Law in New Jersey I handled well over a thousand Bankruptcy cases, so I can explain and steer a seller or buyer through the pitfalls of short sales, foreclosures and bank-owned properties(REO’s). I can also help explain reverse mortgages, and refer you to other types of very competent and competitive financing sources.
8.) I do Rentals in the area and I can rent your home out (total cost 12% commission) until you are ready to use it or the market turns around and you want to sell it. By clicking on "Rental Information" you can see my homes for rent, rates, availability, pictures, forms I use, etc.
I am very qualified to help you buy a property, by reason of 41 years as a real estate attorney in Atlantic City, N. J., during which time I also owned my own title company, and I hold the following Designations awarded by the National Association of Realtors:
- Accredited Buyer's Representative
- Resort & Second Home Property Specialist
- Seniors Real Estate Specialist (55 & over)
- E-Pro Buyer
- Short Sale & Foreclosure Resource
Let me "work with you" to guide you through the many pitfalls involved, show you the best homes for your situation & desires, negotiate the best deal and draw up the papers correctly, explain the government programs & tax credits that might be available to you, refer you to the right mortgage rep, home inspectors, etc. if you desire, and watch over you like your "Uncle in southwest Florida". THIS IS WHAT I HAVE BEEN DOING FOR A LIFETIME!