Bonita Springs and Fort Myers FL Area

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Bicylces available.

Bicycles, too.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

The house we looked next to the condo in Post #115 is going to auction.

We've looked at it, so if there is any interest, let me know. It should go low.

ENGLEWOOD Auction - 200 E LANGSNER ST ENGLEWOOD, FL 34223 - (Event# H-249) - Auction.com

Today that house is back on homepath for $59,900. It's a funky house and would need to be seen in person, but . . . it is a great price.

Not a bad neighborhood and the lot has those huge old towering pine trees.

Englewood, 200 Langsner Street, FL - Google Maps

[Dennis47 Junior Member Find all posts View Profile Close Dennis47]

Contact Jeff Passantino

Jeff Passantino is a realtor on Sanibel Island and can provide you a wealth of helpful information on the entire area. I recommend him. You can reach his cell phone at 239-770-6884 and he will be happy to help you.

Dennis

[rapmarks Moderator Find all posts View Profile Close rapmarks]

Jim, we had to pay to tour those luxury condos $15 a person.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Jim, we had to pay to tour those luxury condos $15 a person.

Did you have a coupon?

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Jeff Passantino is a realtor on Sanibel Island and can provide you a wealth of helpful information on the entire area. I recommend him. You can reach his cell phone at 239-770-6884 and he will be happy to help you.

Dennis

As I recently said, there are two worlds . . . one of which does not acknowledge distressed properties. So far I have not seen any on Sanibel. There have been some on Marco, another high-end location.

There is another FL online auction right now, but after the several the last couple of months, the cupboard is bare . . . only one SW FL house and it's in Lehigh Acres.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Sorry you are having trouble with your purchase. I guess this happens with foreclosesures but also with any home purchase. Wishing you luck...

The wheels are grinding away . . . & the total is adding up.

Homeowners Insurance: $1187
Flood Insurance: $531
Transfer Tax: $672.75
Survey: $375
Title Insurance: $1388
Loan Origination: $2114

That's about like 1 week in a studio in January in SW FL through RCI.

I have mailed or FAXed around 70 documents to the lender, more than 200 to all the parties involved, and more than that in emails and phone calls.

DW is making a list, planning a trip.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

I'm not smiling this morning.

The latest, received too late yesterday to know more, the house may not be insurable. Citizens is requiring "certifications" only an owner/seller likely could provide and, of course, there is none in this case.

I may be premature, but this is something the seller should be responsible for, regardless of who the seller is. Or, if a house is not insurable, not have it on the market. I have other thoughts, but, that is going down a very thorny path.

We have already paid for flood insurance and a survey this week, so . . . .

Can anyone say anxiety?

Update later today.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

More problematic today. Anxiety level up 3000%.

Insurance agent is saying an inspection is required, and there is a possibility the house is not insurable, or even habitable.

Auction.com says they have never encountered this before.

Local agent listing the house is denying all responsibility, saying sale is as is.

This is not the type of inspection a person would do before making an offer on a house.

Waiting for answers.

[Organic Cleaner Junior Member Find all posts View Profile Close Organic Cleaner]

I've lived in both. We prefered Ft. Myers. Much slower pace One thing to keep in mind when purchasing down here in Florida, is that it is a good idea to talk to a professional about having a mold test performed. The time to find out you have a problem is not after you purchased.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

We are having the 4-Point Inspection done tomorrow. Closing has been pushed back.

I finally found a competent person, the inspection person, and while I was talking to her, she pulled the house up in a search. It had the electrical and plumbing updated in 2003. She said not to worry.

In Florida, there is a lot of stuff for the buyer to do, considering that it is for property they don't own yet.

I've check responsibilities and duties of Florida real estate agents, and it is more than "as is, the buyer is responsible for everything." In our case it was like pulling teeth to get them to even come let us in the house. The local agents have not done one thing concerning the sale.

I don't believe we have ever received the Florida Disclosure notice. It includes the agent duties, as disclosed to the buyer:

1. Dealing honestly and fairly;

2. Loyalty;

3. Confidentiality;

4. Obedience;

5. Full disclosure;

6. Accounting for all funds;

7. Skill, care, and diligence in the transaction;

8. Presenting all offers and counteroffers in a timely manner, unless a party has previously directed the licensee otherwise in writing; and

9. Disclosing all known facts that materially affect the value of residential real property and are not readily observable.

I think it's safe to say that just because a house is a foreclosure does not mean a real estate agent can totally ignore the law, or their duties required by law.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

I've lived in both.

Both what?

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

In any event, permits, like for home improvements, are/is one more thing you can find on the County websites when doing due diligence for a Florida purchase.

In our it case it showed the electrical upgrade, the plumbing work, a 10 x 20 shed, and fannie mae doing a permit and lien search.

One of the sites also showed a 16 x 16 wooden deck and an old wooden dock, both inspected fairly recently, and labeled as in poor condition.
- - - - - -
I just got a call from the lady who took care of our inspection, and the only things needing attention are minor.

HVAC, electrical, plumbing is updated and in good condition.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

This changes with every email or phone call received.

Now the insurance agent says Citizens will not provide insurance until the minor problems are corrected. That is on a house we don't own . . . and that the "seller" is "selling" "as is".

The seller disavows any liability for anything, including providing information the buyer needs to rely on.

So far we have paid for a survey, flood insurance, and the 4-Point Inspections, because we were told we had to, on a house we do not own.

I'm waiting for the next email or phone call.

[catahoula Member Find all posts View Profile Close catahoula]

In my previous posts I alluded to another Real Estate bubble forming. People buying as an investment as opposed to living in a new purchase. This aticle is an eye opener.
If you plan on buying in Florida please read THIS.Nearly 20% of Florida homes are vacant - Mar. 18, 2011