Archive for September, 2009

UNEMPLOYED HOME OWNERS MAY GET ASSISTANCE

Daily Real Estate News  |  September 25, 2009  |

Unemployed Home Owners May Get Assistance
The Obama administration has opened a dialogue with major lenders, economists, and government officials over the possibility of extending a financial lifeline to home owners who no longer can afford their mortgages because of job losses.

Possible strategies range from encouraging loan servicers to allow unemployed borrowers to skip some payments to providing grants or loans to temporarily cover mortgage obligations for home owners who become unemployed.

The talks have drawn praise from some real estate groups and other interests, who say that without aid to this subset of homeowners, the housing recovery could lose momentum.

Market first-timers find prices are right

Mike Lashbrook and his wife, Denise, are among many first-time buyers who are snapping up homes in Lee County and driving a sales pace close to twice…
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Lee existing home sales almost double year-over-year

There were 1,252 existing single-family homes sold in August in Lee County with the help of a Realtor, almost twice the 684 from a year earlier.
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SANIBEL STYLE/FORT MYERS CONVENIENCE — $399,900.

Rare find in Cottage Point. Elevated home with 3 bedrooms, dining/living room with soaring cathedral ceiling, natural stone wbf, 2 baths. New metal roof, appliances, airconditioner – 2006. Home features solar tinted windows, granite counters in kitchen, plantation shutters, French doors, Kevlar storm screens, impact resitant sliders downstairs, gorgeous Mexican tile through out home and pool area, two car garage, fenced in back yard. Plenty of room for boat and/or RV. Huge ground floor (one bedroom, one bath, kitchen) currently rented $850 per month  Could be used as rec room, guest suite, pool cabana or mother-in-law suite. All this on your own secluded 1/2 acre. Close to Sanibel Island, shopping, airport 15 minutes. Florida Gulf Realty Group, Inc. Peggy Henward, 239-980-574.

LEXINGTON GOLF & COUNTRY CLUB – $219,900

Lexington Golf & Country Club

Lexington Golf & Country Club

ABSOLUTELY THE BEST VIEW IN SOUTHMONT COVE!

Lake views from every window.  Open and spacious (3 bedrooms, 2 baths) freshly painted with new upgraded carpet in living, dining room and bedrooms.  Tile in wet areas.  Just steps to the pool and Island Club.  Pay as you play golf on the 18 hole championship golf course that is amateur-friendly, 12 har tru tennis courts, and many other amenities.  Just minutes from 3 beaches, 15 minutes to airport.  Florida Gulf Realty Group, Inc., Peggy Henward 239-980-4574.

Real estate search site geared toward home buyers

MLSonline Inc. has reinvented itself to arm prospective home buyers with knowledge and to add comfort to the home shopping experience.
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