Cape Coral Real Estate

Yes, you hear me. My $5,000-more-than-asking-price offer has been rejected.
This is my 10th offer so far and I can’t get one to be accepted. The extremely strong seller’s market of Cape Coral-Lehigh Acres is unbelievable.
Anyway, there are so many properties on the market that I already have made an offer on another property in Lehigh. And I will make offers on a daily basis from now. This one however, is lower than the asking price because after reviewing the comps, it’s not going to appraise. So I had to adjust my offer. At this point, I feel I have to target higher priced property if I want one but I have to double check the appraisal value as well.

When I was an agent in the Pembroke Pines, FL area, back in the 2001-2005 era, when the market was so strong, I had not all these multiple offer on every listing I had. It happened I had 2 or 3 offers on a particular property but it was mainly a single offer very fast. Now, this area is experiencing 5 to 15 offers very fast on every listing. Amazing.

If you are listed with an agent and do not experience a multiple offer situation within a couple of days, you may reconsider your agent’s work.

I will post more details on this property later on, when I know I control the deal or if it’s gone again !

Comments (0) Jan 15 2010

I came across this new listing located in Lehigh Acres. It has some features that I was looking for, especially in Lehigh Acres, as at least half acre lot, s-tile roof, large square footage and a pool. I’d like to have some water behind, but for the price, it is a nice deal.
I finally ended up offering $5,000 more than the asking price with a hope that this time, I’ll get the deal. I have offered less than asking price and full asking price in the past and lost the deal each time. Cape Coral is becoming a strong seller’s market, whatever people are saying.
I’m waiting an answer from the seller very soon now and see from there.
I can’t wait to get there and keep doing my job in a different area.

Comments (0) Jan 15 2010

Well, I did it again.

I saw a nice little house for sale in Lehigh Acres. On a bit more than a half-acre, this little house has been a grow house and all dry walls are of Chinese origin. So I could see it as an investment by redoing the place.

I made it as a comfortable offer but it has not been accepted. Too bad. But not a major thing, so let’s just move on.

I already have an eye on another one actually. There are so many properties for sale there these days.

I’ll begin my new job down there by January, no matter what. It’s about time!

Comments (0) Nov 18 2009