Wednesday, June 30, 2010

REO in Executive Bay Club


This townhome with 1360 SF just came on the market in Executive Bay Club in Islamorada. Pool, Clubhouse, Beach, First come dockage, tennis courts are among the amenities. This unit is bank owned and listed at 175K

If you are interested in property in the Keys please contact me at 305-393-0923 or Veepka@aol.com

Wednesday, June 23, 2010

Just came on the market Bank Owned


700K
4 bedroom/ 3 baths on the Ocean side.

If you are intrested in Real Estate in the Keys please contact me at 305-393-0923 or Veepka@aol.com

Sunday, June 20, 2010

Check these out


A CBS canal front house in Islamorada 500K:



A house on Duck Key 338K



A full duplex in Key Largo for 279K in Islamorada. Rent out both sides or use one and rent out the other



On site rental program with this view for less than 200K



A great investment vacation rental condo for 175K in Islamorada right on the Ocean.



A CBS home bayside built in 2004 right by Tavernier Creek for 630K

If you are interested in property in the Keys please contact me at 305-393-0923 or Veepka@aol.com

Monday, June 14, 2010

Water Front Homes by price

These are from Mile Marker 75 to Mile Marker 110:

Under 400K: Click here
From 400 to 500K: Click here
From 500 to 600K: Click here
From 600 to 700K: Click here
from 700 to 800K: Click here
800 to 900K: Click here
From 900K to 1 Million: Click here

If you are interested in property in the Keys please contact me at 305-393-0923 to Veepka@aol.com

Friday, June 11, 2010

Do REOs (Bank owned) properties sell for less than the asking price?

Most of the time REOs are great deals. They are priced at distress sales prices determined by (usually) three Realtors who did BPOs (Broker Price Opinions).
Granted the Realtors who did the BPO are local and know what they are doing they use comparable sales and determine a price at which the property should sell in less than 30 days. Many times REOs sell for more than the asking price because there are several offers.

Please take a look at this list of REOs that sold in the past six months; you can see the listing and the actual sold price: Click here

As you can see the actual sales prices are usually very close to the listing price or even higher.
Keep in mind that a great deal is not determined by how much you negotiated off the actual asking price but by how much you paid for the property.

If you are interested in Real Estate in the Keys please contact me at Veepka@aol.com or 305-393-0923

Thursday, June 10, 2010

Buttonwood Bay for 385K Incredible deal

This is an REO (Bank owned) unit and a great deal. Buttonwood Bay offers: Assigned boat slips with each unit, on site fue and bait and tackle shop, three pools, five tennis courts, beach, sunset deck. See more info and pics. : Here

If you are interested please contact me (Veepka) at 305-393-0923 or Veepka@aol.com