Short Sales are out of control in Cape Coral and Fort Myers
I have received one call after another to try to short sale homes and land. It is truly epidemic. I really wish I understood the thinking of the banks and what is reality in dealing with short sales. Taking a short sale is like going to the dentist for a root canal.
The sellers are panicked or resigned
The bank’s loss mitigation departments don’t have enough staff
Agents spend hours and days on hold waiting for a reply and at the end of the day are shorted on commission.
Banks will soon get the message I hope.
The buyers don’t have enough patience
Pricing on the market is many times just irresponsible by some agents.
The buyers then think if it is priced at that price why can’t I buy it as advertised?
Free to a good home is not quite reasonable.
There was an article in the News-Press this weekend that truly spells out much of what we are going through. Yes there are amazing deals. Cape Coral and Fort Myers have some amazing buys but you better be quick. There is more than one buyer looking for these deals. I’ve seen as many as 20 offers in on one piece of property. You have to have an agent working for you and hooked up electronically to snap up a deal. We have snagged some amazing deals for our customers. Call us to get your deal. They won’t last forever. When they’re gone they’re gone.