
Have we reached the bottom on waterfront Foreclosure and Short Sales on Marco Island Florida?
Most of the properties priced below $500,000 have SOLD! Many at full price or better with multiple offers on them, in most cases CASH deals.
If you are looking for a deal on Florida waterfront property do NOT hesitate, the inventory is dwindling and prices are rising!
Waterfront single fanily homes, condominiums and waterfront lots can be found BUT anyone looking to"steal" a deal is too late. With multiple offers come higher offers and the best price and terms gets the property- so bring your highest and best price to the table or get lost in the shuffle of offers and keep missing out on waterfront deals at a 10 year low!
These properties are requiring written contracts and close to list price, letter of pre approval from a local lender showing you have been to the bank. Deposit with receipt of funds letter, 5% or better down payment held in escrow account and then additional funds deposited within 5 days of contract acceptance.
If your paying CASH, you will need a letter from your banker indicating proof of funds are on deposit and available for the purchase at closing time, or the offer will not even be presented.
Use an experienced Realtor to assist and guide you through the maze and mess of short sales and foreclosures.
Glen Bigness, PA, Realtor
239-272-4663
http://www.glenbigness.com/


