Saturday, May 29, 2010

Ocean Front CBS only for cash buyers

This is a CBS home at MM92 on the Ocean side. The downstairs enclosure is non conforming and the bank (This property is bank owned - already foreclosed) will only accept cash offers.

It's a great deal and in a great location.

For more info please contact Veepka at 305-393-0923 or

Tuesday, May 25, 2010

Bank Owned Key Largo Canal Front 325K

This is a 3 bedroom/ 2 baths modular home built in 2006. A great deal and about as close as you can get to Miami. Perfect for a weekend fishing retreat!

If you are interested in Real Estate in the Keys please contact me at 305-393-0923 or

Sunday, May 23, 2010

Fantastic deal 431K Under contract

If you have been looking for a canal front home, this is the one: On Plantation Key, Ocean side, at the end of the street (Very close to the ocean) protected dockage, CBS structure on a huge lot.
This is a bank owned property and will not last long. Please call me if you are interested: 305-393-0923 or

Friday, May 21, 2010

Open House tomorrow 1 to 4 PM

Please stop by this property tomorrow:
57 Waterway a brand new CBS 3 BR Home listed at 625K

For more info on the property Click here
At MM 101 turn on Ft. Lauderdales, bayside Key Largo and follow the road, you'll end up on Waterway; the house will be on the left

I hope to see you there tomorrow. If you are interested in Real Estate in the Keys please contact me at 305-393-0923 or

Monday, May 17, 2010

Best Condo deals from 200 to 650K

Please take a look at these condos; they are the best priced/deals in the complex. Click here

Please contact me on more info regarding dockage,amenities, rentability etc. or 305-393-0923

Thursday, May 13, 2010

REO in Buttonwood Bay listed at 404,190

Please contact me for more info on this property:
See listing info here

You can reach me at 305-393-0923 or

Wednesday, May 12, 2010

Great Canal Front Deal in Plantation Key Colony 499K

This was just reduced in price by 100K and is a great deal now.

For more info click here

If you are interested in this property or any other Real Estate in the Keys please contact me at or 305-393-0923

Friday, May 07, 2010

Nice water front houses priced right

I have selected some houses that I consider priced right and are worthy a look: Click here
They are all water front properties and range in pricefrom 399Ko 1 Million.

If you are interested in Real Estate in the Keys please contact me at 305-393-0923 or

Wednesday, May 05, 2010

Making an offer on a REO = Bank owned property

Bank owned properties (Called REO = Real Estate Owned) are often great deals. They are priced for a quick sale.
Generally REOs generate lots of acitivity as soon as they come on the market. The bank usually requires anywhere between 3 and 10 days marketing time. This means that the agent will collect all offers and submit them on the day the marketing time is up. There are also submission guidelines which vary from each property. For offers with financing the buyer must be pre approved by the designated lender (varies). The purchaser does not have to use that lender and can pick his/her own once there has been acceptance of the offer, but the pre approval must be by the required lender.
Cash offers must be accompanied by 'proof of funds'. That is either a bank statement or a letter from a financial instituition.
If there are any violations (such as a non conforming downstairs) the offer must be cash.
Incomplete offers (without all addenda, pre approval etc.) never even get to the bank/owner.
REO's sell rather frequently above asking price. All offers generated are submitted at the same time. The bank looks for the highest offer and takes that. Unless there is only one offer the bank usually does not counter but simply takes the highest bid.

If an REO does not sell the bank has a time schedule at which to lower the price. Those are sometimes the best deals because through several price reductions they are now a steal but some agants don't check price reductions every day and might not even be aware of changes.

These are all REO's currently on the market in the Keys: Click here

It has never been more important to have an experienced agent than it is in this quickly changing market. If you are looking to buy or sell please contact me at 305-393-0923 or

Monday, May 03, 2010

April Acitivity Summary

Upper Keys

New listings : Click here
Price changes : Click here
Price reductions: Click here
Sold: Click here

Middle and Lower Keys
New Listing: Click here
Price reductions: Click here
Under Contract: Click here
Sold: Click here

If you are interested in Real Estate in the Keys please contact me at or 305-393-0923