Shrimp festival at Fort Myers Beach

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My wife and I were spending great quality time last week-end during the shrimp festival in Fort Myers Beach. We were with our 18 month old grand daughter and I think that was her first time she saw the beach and the water there.
The city was crowded with people and also with students who came down for spring break. The ambiance was hot and noisy :-)
At first, we were redirect to park on vacant lot before the bridge. The police closed down the bridge because of the parade. Of course, there was a guy taking advantage of tourist asking for 5 bucks for parking. He was maybe a neighbor trying some few quick bucks.
So we went crossing the bridge walking, which was OK, it’s not that long and you get nice view from the top of it. Once there, we were trapped in the middle of the parade. That was really nice. My wife got several pearl pendents, especially from those 6-pack firefighters dancing on their char :-)
Then we headed to the shrimp festival place where we ordered the $10 shrimp menu served for and by the lions club. We got some nice well cooked shrimps, and some were just huge, with some slaw. Bottle of water were at $1.
After a nice meal, we went to the pier. Our grand daughter could appreciate the water view and a couple of pelicans sleeping right there, on the spot where fishermen clean their catch of the day.Fort Myers Beach pelican The beach had quite a lot of beach bums that week-end. Not only because it is high season for vacationers, but also and mainly because of the nice weather we have here in winter. I took a picture of the beach to show you how it was. So, make sure to make plan for your next vacation here in Fort Myers Beach. You’ll be glad you did.Beach at Fort Myers Beach And you plan to buy a nice little home In Fort Myers Beach for your holidays and renting it in between your stays to help to pay the mortgage or the expenses, feel free to contact me through www.1capecoral.com or by calling me at 239-240-7346.

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Comments (0) Mar 12 2012

Immobilier a Cape Coral | Qu’est ce qu’une “short sale”?

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Une “short sale” s’applique lorsqu’un propriétaire désire vendre sa propriété dont la valeur marchande est inférieure au montant du crédit hypothécaire en place. En effet, ces derniers temps, il arrive souvent qu’un propriétaire d’une maison à Cape Coral ou même à Fort Myers en Floride, est obligé de mettre un prix en dessous de son prêt hypothécaire pour pouvoir trouver un acheteur.

Une fois cet acheteur trouvé, l’agent immobilier doit présenté l’offre d’achat à la banque et souvent négocier un prix de telle sorte que la banque devra forcément perdre de l’argent. Pour ce propriétaire, c’est un moyen d’éviter que leur bien immobilier ne soit saisi, spécialement lorsque ce propriétaire à Cape Coral n’a plus les moyens de payer son prêt.

De plus, il est malheureusement conseillé au prêteur d’arreter de payer les paiements mensuels et de prouver à la banque qu’il n’est plus en mesure d’affronter ses paiements, de tel manière que la banque favorise une vente à perte plutôt que de passer par la saisie (foreclosure) qui est souvent beaucoup plus couteuse pour la banque.

Souvent, un acheteur fera une bonne affaire en achetant une “short sale” mais dans des délais souvent très long. Il n’est pas rare de voir une banque prendre entre 3 et 12 mois pour donner une réponse à une offre, et elle peut etre négative! Tout dépend de quelle banque il s’agit. Souvent, le prix demandé pour une “short sale” est un prix très bas pour attirer une offre et pouvoir négocier un prix plus décent pour la banque. Cette dernière voudra perdre le moins possible évidement.

En générale, je ne conseille pas une “short sale” à mes clients. Mais si vous voulez vraiment acheter une “short sale”, voici quelques conseils a prendre en considération:

1) Que le représentant de la banque et l’agent immobilier aient une relation solide entre eux
2) Que la banque a déja approuvé le prix de vente.
3) Que l’agent immobilier a déja acquis une certaine experience avec les “short sales”.

Seulement 30% a 35% des “short sales” sont vendues avec succès. Le reste du temps, les acheteurs sont lassés d’attendre des mois et des mois pour une réponse de la banque qui n’arrive pas. De plus, certaines de ces propriétés nécésitent des travaux qui n’en font plus de bonnes affaires. Il s’agira de bien regarder le bien immobilier en question et voir si cela en vaut la chandelle.

Si vous désirez acheter une maison à Cape Coral, un appartement à Fort Myers, un terrain à Lehigh Acres ou meme un hotel sur Sanibel, n’hésitez pas à me contacter. Je suis un agent immobilier francophone sur Cape Coral, Fort Myers, Lehigh Acres, Fort Myers Beach et Sanibel en Floride.

Claude Thomas, Realtor
www.1capecoral.com
info@1capecoral.com
239-240-7346

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Comments (0) Jan 02 2012

Comment obtenir un pret bancaire aux Etat-Unis pour acheter une maison en Floride?

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Bonjour à toutes et à tous,

Si vous n’êtes pas déja au courant, je suis un des (très) rare agent francophone sur la région de Cape Coral. Plus ou moins 50% de ma clientèle parle francais et la moitié d’entre eux proviennent de France.
Habituellement, mes clients Francais achètent des propriétés à Cape Coral en liquide. Ils font un simple transfer bancaire et l’achat se fait assez rapidement. En effet, lorsque l’achat se fait au comptant, la paperasse est rapide et facile.

Le but de cet article est que précisement, la semaine dernière, j’ai eu le plaisir de rencontrer un couple venant de France et désireux d’acheter une maison sur Cape Coral, ici en Floride. Bien qu’ils aient les liquidités pour l’achat, ils aimeraient emprunter la route du financement. Tres naturellement, j’ai offert mes services pour les aider à trouver le meilleur crédit hypothécaire disponible sur le marché. Ma surprise n’en fût que plus grande lorsque j’ai appris que des nouvelles règles de crédit voyait difficile pour un Francais d’emprunter de l’argent pour financer l’achat d’un immeuble à Cape Coral en particulier et aux Etat-Unis en général. Maintenant, seuls les Canadiens, les Britaniques et les Australiens ont moins de problèmes a obtenir un Crédit américains.

J’ai trouvé un courtier en prêt hypothécaire qui travaille sur des dossiers associés aux étrangers désirant acheter une seconde résidence en Floride, et notament les Francais. Voici le lien (cliquez ici) qui vous permettra de télécharger un document PDF avec les options nécessaires pour l’obtention d’un prêt hypothécaire en Floride.
Ce document vous aidera à comprendre les papiers que vous aurez besoin d’apporter de France pour pouvoir faire une offre d’achat. Bien sur, je suis la pour vous aider avec la traduction si nécessaire.

Une fois que vos papiers sont prêts, envoyez-moi un email avec votre date d’arrivée et je serais heureux de vous trouver la maison de vacances de vos rêves. Bien sur, vous pouvez toujours obtenir un prêt hypothécaire en France si vous avez plus facile.

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Comments (0) Dec 26 2011

Want to buy a Cape Coral home in 2012? 5 Things To Do NOW

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If 2012 is your year for home hunting and purchase, here is a list of 5 things you should consider to do NOW before anything else.

  1. 1. Check your credit. And I’m serious about that. Make a copy of your credit report online and review anything that can show negative transaction. Call the credit bureau in charge and fix your problem. There is nothing worse than finding the perfect home at the perfect price, getting ready with the down payment and everything and learn that you have been denied because of your bad credit. So, if there is any problem there, fix it now.

  1. 2. Do your homework. Do you research online about 1 month before buying. Check the neighborhood, the market value, compare the foreclosure with the regular market, learn about short sale and see if it’s for you. Shop around for the best terms mortgage out there, call 4 or 5 mortgage broker and compare what they need and they fees/expenses. Ask them what documents you need to be qualified. Ask to be approved for a loan before even getting out to see properties. It’s frustrating to fall in love with a home that is price at $10,000 more than you can afford. Everything else will be disappointing at that point!

  1. 3. Fluff up your down payment. Make sure to have a full understanding of the money you have to bring at closing, all fees including. Again, it’s frustrating to be short of a couple of thousands dollars in front of the home of your dreams. Get your finance in place and ready to go.

  1. 4. Grow your cash. You’re gonna to move. So double check all that stuff that you didn’t use for the last 12 months or more. You won’t probably never use it ever. So make a big yard sale of that stuff, sell them on ebay or on craigslist and keep the money for your down payment or for some work you’ll need to do in your new home, like painting or new moldings.

  1. 5. Be prepared. If you want to purchase a great deal, like a foreclosure, be prepared. I wrote a guideline about being prepared to make an offer on a foreclosure: Cape Coral Foreclosure . I have come across a lot of excited people like kids in front of a toy getting frustrated with those above asking price multiple offers. So being psychologically prepared will help you to handle your purchase.


Once you have everything ready and you have prepared yourself for your 2012 home purchase, feel free to give me a call at 239-240-7346 and I’ll prepare some visits and will help you during your transaction to make it as smooth as possible.

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Comments (0) Dec 17 2011

Short pay-off Vs Short sale

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I did receive a phone call from a homeowner who wanted to do a short pay-off – or short pay – instead of a short sale. When I was asking what he thought about a short pay, he hang up saying he doesn’t want to waste my time, probably believing that I had no clue about short pay. Fair enough.

Let’s face it, there is a lot of confusion with short pay and I always want to know what homeowners have in mind about it. A short pay is when you own more to the bank than what your property worth, like in a short sale situation. The difference is the homeowner does not necessary want to sale. And a lot of people believe that they can get a short pay by paying off their balance by dozens of thousands of dollars below what on the mortgage. And it’s not true at all.

As an example, let’s say someone bought a home back in 2006 for $250,000 with 10% down and a mortgage of $225,000. Today, the house worth $100,000 and the balance today is $210,000. If the owner feel that he’s paying too much for today’s value but doesn’t want to sell his home, he can ask the bank for a short pay-off. And people think they can give $100,000 to the bank for the lien’s release. It’s not going to happen. At best, the bank will agree on a 90% pay off on the remaining balance. So you need to have a good $190,000 in this case.

On the other hand, the short sale is when you are on time with your payment but you want to sell your property and it worth only $100,000. It’s when you ask the bank to accept a lower pay off payment.

So there is a big difference between both and lots of people, frustrated by a difficult financial situation, want to believe that a short pay is as acceptable by the bank as a short sale.

Also, you might find difficult to find the help of a Real Estate agent since there is no sale in a short pay-off and therefore, no commission for the agent. And there is very few people, if any, willing to work for free, especially for a time consuming short pay-off.

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Comments (0) Oct 30 2011

Are you looking to buy a property in Cape Coral, Florida?

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So, you have been looking to buy a home in Cape Coral for over 6 months now. There is something important for you to know.  Stop looking to buy a home right now.  You are wasting your time and energy. Cape Coral properties prices have been increasing for the last 6 months in a row. So, if you’re still looking, it’s not for finding the best deal of the century, it’s already too late. It has to be because you’re searching for the best floor plan or curb appeal possible, but then, the inventory is so wide, if you didn’t find it already, it’s because it doesn’t exist.

Not to mention all the time that is being wasted by professional lending and real estate brokers. They are not your taxi driver even if it’s my second job. They are not the ones to fix your poor credit scores.  They are not the ones to hold your hand every step of the way even if I do it on a daily basis.  They are there to help you not be taken advantage of by someone who is not committed to the home buying process.

Buying a home is a process and it doesn’t take over 6 months to complete.  A Realtor can help you with the home buying process, however, you the buyer must take action to make it become a reality.  Seeing every home that comes on the market for a year is insane!  It’s not that big of a deal to find the house you will come to know as home.  If you see a house you like and it’s within your means, then buy it.  Otherwise, go home and leave everyone alone.

You can read more at 1capecoral.com or in my blog. The time to buy a home was in the last 6 month, with a rock bottom price reached last December 2010/January 2011  or today…not in 6 months. Quit trying to out think the other guy or the sellers. Find what you like and buy it.  If there isn’t anything out there that you like then you probably are not going to find it.

Go home.  Stop wasting your time. Watch some football or NASCAR or a movie anything but get out of the home buying process as you are not a buyer.  You are a looker and you are frustrating people around you that can actually and willingly help you.

The time is ripe to buy a home today.  Interest rates are low.  Prices are still low. In most markets inventory is high.  Sellers want to negotiate on their homes. It’s easy and time for action. And if you think that a home priced below a car’s price is too high, you’ll never buy anything. So, do something else.

If you are angry right now…good.  Here is a way which may help.  Revisit why you wanted to buy a home in the first place and re-motivate or inspire yourself.  If that doesn’t work then forget about it.  You will never achieve your American Dream without concise methodical action on your part.  Now go out there and become a buyer and call me to seriously get started!

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Comments (0) Oct 25 2011

Do you really need a Real Estate agent to purchase a property?

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Do you think you can write an offer on a Cape Coral foreclosure for sale without the help of an agent? The answer is a big YES!

If you think about it, my guess is you want to save the typical 6% commission that we make. If it’s the case, you are completely mistaken. First, our commissions are not set to be 6%. It’s negotiable. And in the foreclosure and REO world, it’s the bank that decides how much they really want to pay. Most agents doing foreclosure make about 1 to 2% of the closed price as the seller representative. So the buyer’s agent is really doing something like 2 to 4%. In that case, if you represent yourself for that foreclosure home purchase, you’re really saving about those 2 to 4% commission.

Now, prepare yourself to get an accepted offer on that Cape Coral foreclosure house for sale. You will need a few things checked with the listing agent, and I have been in contact with most of them, they use to be very difficult if they are not in front of another agent because they think they’ll have to do all the work believing that you won’t be able to do your part:

  • What kind of paperwork do they want?  Typical is proof of funds, pre-approval letter from your bank, etc…
  • How many offers are on the property? Maybe it is a multiple offers situation already.
  • Is there a mandatory minimum MLS marketing time?
  • How do they want to receive your offer?  Fax, website or email.

So, once you have all that done, you’ll be able to put a good offer but you will need to know something important: the price. Don’t google that. You will not be able to rely on sites like Zillow or Trulia for pricing. They are not accurate. Hire an appraiser instead, especially if you do not have access to your local MLS. The point here is that you don’t want to pay too much or too little. Too much and you may overpay for the property and too little,you may lose the home to higher bidder.

You can also read this buying a foreclosure in Cape Coral post for more tips.

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Comments (0) Sep 26 2011

Cape Coral low ball offers

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Low-ball offers from Cape Coral homebuyers seems to be the norm these days. But as economic and stock market woes continue, some buyers are using it as an opportunity to submit even lower offers.

“Buyers are going to use every point of leverage they can to get a lower price,” Glenn Kelman, chief executive of Redfin Corp., told The Wall Street Journal.

For example, homebuyer Anne Gordons says she reduced bids on two homes he submitted in Cape Coral, Fl., because of the stock markets plunge. She and her husband had originally offered $460,000 for a home listed at $525,000, and this week submitted a new offer of $425,000.

“Unless we get a steal, we’re not going to buy any house,” Gordons says.

Analysts say that the Federal Reserve’s vow to keep short-term interest rates near zero until 2013 has reduced the urgency of buyers. It gives buyers “comfort that they are not missing out on low interest rates if they wait,” says John Burns, a home-building consultant in Irvine, Calif. “That has tilted even more power toward homebuyers.”

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Comments (0) Aug 23 2011

IRS Taxes tips for home sellers

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Here are ten tips from the IRS to keep in mind when selling your Cape Coral home.

  1. In general, you are eligible to exclude the gain from income if you have owned and used your home as your main home for two years out of the five years prior to the date of its sale.
  2. If you have a gain from the sale of your main home, you may be able to exclude up to $250,000 of the gain from your income ($500,000 on a joint return in most cases).
  3. You are not eligible for the exclusion if you excluded the gain from the sale of another home during the two-year period prior to the sale of your home.
  4. If you can exclude all of the gain, you do not need to report the sale on your tax return.
  5. If you have a gain that cannot be excluded, it is taxable. You must report it on Form 1040, Schedule D, Capital Gains and Losses.
  6. You cannot deduct a loss from the sale of your main home.
  7. Worksheets are included in Publication 523, Selling Your Home, to help you figure the adjusted basis of the home you sold, the gain (or loss) on the sale, and the gain that you can exclude.
  8. If you have more than one home, you can exclude a gain only from the sale of your main home. You must pay tax on the gain from selling any other home. If you have two homes and live in both of them, your main home is ordinarily the one you live in most of the time.
  9. If you received the first-time homebuyer credit and within 36 months of the date of purchase, the property is no longer used as your principal residence, you are required to repay the credit. Repayment of the full credit is due with the income tax return for the year the home ceased to be your principal residence, using Form 5405, First-Time Homebuyer Credit and Repayment of the Credit. The full amount of the credit is reflected as additional tax on that year’s tax return.
  10. When you move, be sure to update your address with the IRS and the U.S. Postal Service to ensure you receive refunds or correspondence from the IRS. Use Form 8822, Change of Address, to notify the IRS of your address change.

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Comments (0) Aug 23 2011

5 reasons why you home doesn’t sell

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If there has been no action on your residence which is for sale, chances are it is as a result of 1 or all of the factors we have listed below. If the Realtor you might have hired has not gone more than these guidelines, possibly it is time to reevaluate why your house is just not selling.

Overpriced!

This really is the most common reason for a home not selling. Unrealistic property owner objectives can cause this even with the best of Agents guidance. A Seller that will not listen to their Agent, are losing both their times if your residence is valued greater than the competition. The 1 thing you Do not need to do is overprice your residence!

The Condition

When there are numerous houses within the marketplace for sale, buyers will keep searching until they discover that ideal move-in prepared property. If your house will be the identical cost as the competition, but they’ve new kitchen/baths/carpet or hardwood floors, they will get the action. If your price may be the very same, but the competition has much more bedrooms, a lot more baths, or perhaps a finished basement, you might be giving the buyers the benefit of seeing yours and then acquiring the 1 that they are going to get more for the same money. You want to make the biggest impact on any buyer viewing your house.

Showing Times

When you have limited times when a home buyer can view your property, you are performing a dis-service to your self, the buyer and the Real estate professional who desires to obtain your house sold. We know it can be tough to show at a moments notice, but you never ever know when the proper buyer will appear. Should you can’t show it as a result of work schedules, you could wish to supply your Realtor using a important to ensure that no appointment will probably be missed. Other Agents will have a tendency to show houses when you can find not too many restrictions and they know they are able to acquire access to easy.

Net, Net, Net

That is appropriate, if your Realtor will not market your property on the net, you could not be obtaining the very best marketing and advertising value. Though all listings should be on your local MLS, your Realtor need to also have their very own web sites and other ways to promote your property online. This really is the top form of advertising your house for sale.

Location Is Nonetheless Key

It is still accurate, as far as Real Estate is concerned ~ the top locations, best schools, and curb appeal with the neighborhood is still crucial. Even so, not each and every property could be Mid-Block location, or handy to all things, and have the very best of almost everything. It is possible to make your home stand out from the crowd by enhancing your own curb appeal, generating improvements towards the interior and by pricing it lower then the rivals. We recently had a listing exactly where the backyard faced a large commercial developing. By pricing it correct and producing some small interior upgrades, ours sold as well as the 1 across the street is nonetheless in the marketplace. Make your house outshine the other people.

Also, believe about Staging your residence. Your home will stand out among the competition as a stager will showcase your home to its best advantage and this can re-force the buyers decision that your home may be the proper option.

Bear in mind, the longer an over-priced house remains on the market, the lower it’s final selling cost will probably be. Step into the buyers shoes and you will see that you wouldn’t wish to invest a lot more cash on a comparable property and you can’t anticipate others to be any diverse.

Most essential ~ listen closely to your Real estate professional. They sell homes everyday and have the experience to lead you inside the right direction for a closed sale!

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Comments (0) Aug 22 2011

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