Selling Real Estate

There are currently 3 blog entries related to this category.

VANDERBILT BEACH AREA CONDO AVAILABLE FOR SALE OR LEASE

Sunday, December 13th, 2009 at 9:12am. 153 Views, 0 Comments.

vanderbilt_pool400_400Priced to sell in Summerplace, being sold turnkey and Not a short sale! Simply adorable and tastefully re-done describes this fabulously located 2bedroom/2bath condominium residing across from the new Mercado complex and very near the beach. This unit features glass sliders on the large screened-in lanai, as well as wood flooring, ceramic tile on the diagonal and carpeted bedrooms. 

The kitchen has plenty of storage, as well as a breakfast area. The condo has a formal dining area and is adjacent to a large livingroom. The spacious master bedroom and bath completes the package with closets galore making it an extremely comfortable area. The carports were recently re-done and there is a large storage area attached.

The condo is available for lease January…

COST OF BUYING, HOLDING AND SELLING NAPLES REAL ESTATE

Tuesday, April 14th, 2009 at 1:57pm. 355 Views, 3 Comments.

real_estate_book_398Often we are asked about the different costs related to buying, holding and selling real estate in the greater Naples area. The costs associated with purchasing property will vary within each county in the State of Florida. For example, the cost of purchasing property in the Naples area (Collier County) will be different than purchasing in Bonita Springs, Estero Ft. Myers (Lee County).

The largest single expense for buying a home in the Naples area is title insurance.

Paying the cost of title insurance becomes the responsibility of the buyer and will insure the buyer against loss, if it is subsequently discovered that there was a defect in the title. If the buyer is getting a mortgage, the lender will require the buyer to purchase title insurance. If the…

LOCK IN EQUITY IN A DOWN MARKET

Tuesday, March 17th, 2009 at 7:35pm. 281 Views, 0 Comments.

zillow_20home_20value_small_409 

I read with great interest the other day an article in the Naples Daily News that talked about a specific Naples builder who was offering buyer protection that would protect the purchaser against any loss during a market downturn. The plan is known as new home price protection and has recently been offered nationwide by a company out of Texas called EquityLock Financial.

The plan is structured as a contract, not as an insurance plan and is tied to a local market index. Should the index drop at the point of a sale, EquityLock will pay the percentage that the index has dropped despite whether the sale shows a profit or loss.

The plan is offered to not only developers and builders, but to average homeowners as well. The cost is between 2% to 3% of the…

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