Short sales in Southwest Florida.
By Bill Gillhespy, Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos
(16 Sunview Blvd)
I get a lot of calls from people interested in buying a " Short Sale " in Southwest Florida including Fort Myers Beach. My guess is that there is a late night infomercial promising that if you just purchase their "CD" course for $ 99 bucks you will magically be able to buy all the distressed homes you want for no money down and ten cents on the dollar ! Sorry to be the bearer of bad news but it just isn't true. Well, the part about them cashing your check for the $99 bucks ...that part is true. For those of you already familiar with what a " Short Sale " is feel free to skip to the next section. For the rest of us consider the following example: Dave and his wife ( Not their real names - why do they always say that anyway ? ) bought a nice home in 2003 for $ 300,000 dollars. Thei...
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