THE TIME TO BUY IS RIGHT NOW!
IT'S A BUYERS MARKET IN FLORIDA!
LET US HELP YOU "MAKE YOUR DREAMS COME TRUE!"
The fluctuating prices are coming to a halt! There are numerous GREAT BUYS for the savvy investors, 1st time home buyers, vacation home seekers as well as for current Florida home owners who wish to upgrade or change locations. And now, our new tax structure allows for Homestead Properties to double in exemptions and take their current tax base with them when they move. Restrictions apply to Florida Residents who move to an alternate Florida location.
So, don't miss out on these lifetime opportunities!
The SW Florida Real Estate Market has drastically changed in the last 2 years. Presently, it is a very good "Buyers Market". Many investors are acquiring properties via "Short Sales", "Foreclosures", and/or from Developers and Sellers who are in distress.
We currently have DRASTICALLY REDUCED PRICED PROPERTIES, SHORT SALES, and many bank owned FORECLOSURES to offer. Here's a brief explaination of how purchasing Short Sales and Foreclosures are accomplished.
Short Sales: Property owners who are in default with the bank prior to foreclosure offer their home for sale at a price agreeable to their lender. Property is sold "AS IS" with the right to inspect.Buyer must be approved for financing or be a cash buyer in order to qualify. Pre-approval letter or proof of funds must be submitted with all offers. Typically, the lender takes as long as 30-45 days to respond to an offer, many times having multiple offers on the table. Property is in PRE-FORECLOSURE. All offers must be written on FAR/BAR "AS IS" forms subject to lenders' approval - lenders must approve final price. Offers must be contingent upon approval of contract terms by Seller's lender(s). To facilitate lender approval of contract – Prefer cash or fully mortgage pre-approved Buyer. Seller may take as long as 60 days to close. Buyer will typically be expected to pay all standard Seller closing costs other than commissions. Commissions are paid by the Seller.Many Lenders have made the Short Sale option available in an attempt to prevent the costs involved to Foreclose.
Foreclosures: Bank owned properties. Property is sold "AS IS" with the right to inspect. Buyer must be approved for financing or be a cash buyer in order to qualify. Pre-approval letter or proof of funds must be submitted with all offers. Typically, the lender will accept, counter or dismiss any offer within 2 business days but may take as long as 3 weeks.Seller/Lender will not issue a written counter or rejection offer.Typically, all verbally accepted offers will be expected to be changed in the contract and submitted to the Lender within 24 hours. No changes to the contract will be allowed once the contract is executed. Closings generally are expected to close within 30 days of fully executed contract. Many of these homes have damage to the property which may include but not be limited to missing electrical components, and appliances. Commissions are paid by the Lender/Seller. Closing costs are shared per "Standards" of the contact.Standards of a contract may vary between counties.(ie: Title Insurance may be expected to be paid by the Seller or the Buyer depending on the county) The contract will contain penalties that could range from $28 - $250 per day for every day a closing is delayed by the Buyer. No warrantees will be allowed to be stated in the contract.The Seller/Lender will not provide any disclosures relating to the property. Special "AS IS" contracts will be used.
News media states that homes are now currently being sold for 30-50% off peak prices from 2005. As Florida property owners since 1984, we have watched the real estate market take a dive and rally itself to unbelievable heights. We are again at an all time low and in our opinion, "We Will Rally" again.
Gallery Realty offers a FREE VIP Buyers Program that focuses on the individual needs of our customers, making their home buying experience nearly hassle free. As a VIP Buyer you make all the decisions as to what you like and what you have no interest in.It is our job to give you all the properties we can that are available for purchase.All we ask from you for this FREE service is your LOYALTY.
Our FREE VIP Buyers Program will give you, via email or mail, updated listings matching your specific criteria.Emails can be sent on a daily basis if you prefer.If you become a member of our FREE VIP Buyers Program receiving our FREE Home Hunters Service, we ask that you allow us to represent you whenever you see a home (new or resale) that you wish to view.Let us know when you are going to view any home and advise all other agents, builders and For Sale by Owners, that we are your agent.
Remember, the listing agent was hired by the seller to get the highest possible price for their property.They are contractually obligated to represent the seller, not you!As our customer, we will represent you when you are ready to make an offer on a property.If you have any questions, would like more information about a particular property, would like to see a particular property or your criteria have changed, just let us know.
Please let us know if you'd like to join the many others in our FREE VIP Buyers Program.At that time we will need to receive all your contact information including home/cell phone numbers and email addresses and all your specific criteria to narrow down your search.We look forward to meeting you in the near future and "Professionally Servicing You For All Your Real Estate Needs".
