Cape Coral Waterfront - Luxury Homes

Late on Payments -- Facing Foreclosure?

There are ways out. That's the #1 thing to know.

There are options available to homeowners who have missed mortgage payments & facing foreclosure.

Many homeowners do not realize that they could get out & save their credit too.

You have to know: The bank does NOT want your home. Especially not in the current buyer's market that most of the nation is in.  (This is true for MOST banks. I have recently ran into a few local banks who are thinking differently for some reason)

According to Freddie Mac the average cost for a bank to take back a property is $59,000! Why would a bank choose to lose so much? Wouldn't they rather work with you? Of course...

Typically, you can contact your lender & work something out. Thats the first place to start. Call them as soon as you know there may be a problem, don't wait until after you've missed more payments. Often times they will work out something with you to save you some time & money while times are tough. This may include an adjustment to your current loan or a grace period/forebearance.

If that doesn't work & you think you may risk losing your home, contact a real estate professional. Make sure you interview a few & find out what their experience with pre-foreclosures or short sales are. Some may have never dealt with this type of circumstance before.

You need to make sure you are honest with the agent so they can devise a plan for the sale of your home. Even if you owe more than the current market value, an educated agent can assist you in selling your house & saving your credit. Banks often times take a loss (also called a short-sale) on a property to avoid having to go through the expensive foreclosure proceeding. Short sales are all too common right now in our area.

Another option, if your credit is still intact, is to refinance (if you still have some equity). Again, contact a real estate professional for a referral to a mortgage broker or bank - or contact them directly if you know of someone. There may be a better loan available for you that will ease the monthly cost. Your current lender may even be willing to refinance you depending upon circumstances. Again, ASK. You don't know until you do.

The last option is to find a real estate investor who buys pre-foreclosures. Often times they have access to cash to remedy the situation quickly. Be advised though that they will be making a profit. That's expected but its something to keep in mind. Be careful if they ask you to sign a deed or trust. Have your attorney preview any/all paperwork first.

In conclusion, its pretty scary to be facing foreclosure on your home that you've worked so hard to purchase & maintain but keep in mind that there are many options available so be proactive as soon as you know there is a problem.

Don't give up until you explore all of your options.

We have assisted many homeowners with short sales and of course, traditional sales. We always advise that each homeowner contact both a real estate attorney and a tax accountant to make sure a short sale is their best option. There are other options available including deed-in-lieu, foreclosure and bankruptcy. Each comes with its own set of problems but one may be right for you if a short sale isn't.

Feel free to review our website for more information on this, or any other, real estate transaction.

To have us contact you to learn more about how short sales work -http://www.findcapecoralrealestate.com/short-sale-help

The boat lift in NW Cape Coral is currently being removed. This WILL give boaters a more direct access to the gulf of mexico. It was already gulf access. Now, for the time being, it is just easier and quicker to get out to open water.

They are conducting an environmental study for at least a year to see how this effects everything. Then they may or may not put up another lift or something else.

So question, do I think this can help home sales in the area? Of course. I think if buyers see how their access just became better it will make them like that area more.

Of course, this may or may not be forever. Things can change. Things can change anytime. For anything.

At the present time and without my crystal ball I cannot say if the lift will be rebuilt. They don't seem to know yet either.

There is a lot of bad information out there. Heck, I see agents with listings on FRESHwater with no access to the Gulf advertising them as Gulf Access. Maybe they didn't know. Maybe they did. They should. Either way - buyers be careful.

Make sure you work with a real estate agent who knows the area. I've lived in Cape Coral since 1994. I cannot say I know everything but I'll assist you in finding the answers to your questions.

"Wooing Buyers" I don't think so. Pointing out a PLUS - sure thing!

"Realtors using it as a sales pitch for Gulf Access" - It IS Gulf Access, now and BEFORE :)

 Interviewed by ABC-7 Today ~

Enjoy my video

Or read the story about the Ceitus Lift.

Susan Milner

Florida Future Realty, Inc.

(239) 542-8521

Search Cape Coral & other area listings: www.Florida-Future-Realty.com

Susan@SusanMilner.com

Foreclosure Home in Calusa Palms! Great pool home ready for new owners!

Fort Myers Real Estate | Calusa Palms | Pool Home

Are you searching for a POOL home located in a GATED community in Fort Myers, Florida?

Just listed today, this home features 3 large bedrooms, 2 full bathrooms and nearly 1800 square feet of living area.

The kitchen comes complete with All Appliances: Smooth Top Range/Stove, Built-in Microwave, Refrigerator with water/ice in door and dishwasher.

There is also an indoor laundry room complete with washer and dryer.

The Kitchen also has an eat-in area with a window seat.

The living room features sliders out to your lanai and large, inground pool.

The master bedroom comes with a large walk-in closet and attached master bathroom. With his and her sinks PLUS a separate shower and bath!

To top it off, this community has very LOW maintenance fees and those include cable and irrigation water!

The best part of this home - it is currently bank owned and they want to MOVE IT!

Did I mention that this house is clean and ready to move into???

Listed at only $229,500 this is a GREAT BUY!

Call your agent or Florida Future Realty, Inc for your private showing!

Yours in Success,

Susan Milner

Florida Future Realty, Inc.

(239) 542-8521

The Cape Coral real estate market is a HOT topic these days. Our office is receiving numerous calls each day from potential investors. Many are looking to invest in Cape Coral, Florida for a vacation home or retirement home. They may or may not be ready to utilize the home in Cape Coral.

For those who want to at least use their Cape Coral real estate part time I suggest:

   A single family home - currently priced just under $100,000 for off water to just under $300,000 for water frontage

a. I always recommend waterfront if it fits in the customers budget

b. Some extra maintenance required but can be outsourced to local companies

 A condo - currently priced just under $75,000 for off water and just over $100,000 for water frontage

a. Again, waterfront is always a great idea if within your budget

b. Many maintenance hassles are eliminated but will come with a fee

If the customer is not sure when or if they will ever move to Cape Coral, Florida but just want to own a piece of property without the hassles, then vacant land looks GREAT. There are vacant parcels of land in Cape Coral starting at just $15,000 for off water and $75,000 for gulf access. Of course, the more prime location of the land, the more cost - riverfront and direct access parcels are priced up into the 100s of thousands to millions.

I hope this information helps. Please feel free to contact us at (239) 542-8521 or via email at susan@susanmilner.com for more information about your future investment in Cape Coral real estate.

Yours in Success,

Susan Milner, Real Estate Broker

Florida Future Realty, Inc.

(239) 218-2229

Search Cape Coral & other area listings: www.Florida-Future-Realty.com

Susan@SusanMilner.com

SW Cape Coral Gulf Access New Home - $475,000

Located in the wonderful SW Cape Coral area, this brand new home sits on a large 100 Gulf Access Canal.

Enjoy peaceful days & nights looking out across your waterfront oasis.

This home also has a large swimming pool.

4 bedrooms & 3 full bathrooms

Plus a den and/or Study

Formal Dining Room

Living Room with large glass sliders that pocket in to the lanai

Outdoor Grill included

18 inch ceramic tiles throughout

Upgraded kitchen appliances, counters & cabinets!

3 car garage with garage door openers!

Brick paver driveway & sidewalk

Tile Roof

View our Virtual Tour

Listing information provided by

Susan Milner of Florida Future Realty, Inc.

Susan@SusanMilner.com

(239) 218-2229

www.CapeCoral-LuxuryHomes.com

Large master bedroom with 2 separate vanities, jaccuzi tub & walk around shower

¦ plus many more features - check this one out today!

All for only $475,000.