Clean, cute and cozy condo that lives like a single family home on a corner lot; no shared walls, private carport with built in storage cabinets and laundry utility room, washer and dryer included. Updated, easy maintenance tile throughout. Low HOA fees, less than $200. per month, paid quarterly. Living room with ceiling fan, 2 bedrooms with ceiling fans and remodeled bath with tile shower and marble vanity, eat-in kitchen with glass back door letting in lots of light and ceiling fan. Kitchen has updated cherry style cabinets. Mature shade trees on the property. Only 14 units total and rarely is one for sale. Walk to the City of Bonita Springs Park and Artists Cottages for outdoor concerts and events, walk to the Imperial River kayak boat launch, dock and kayak rental. Walk or bike to hair salon, ice cream cafe, market, farmer’s market in season, in historic old Bonita. 4 miles to Gulf of Mexico beaches: $89,000.
Boy Meets House; A Short Sale Love Story
Boy meets house. Boy loves house. Boy wants to spend the rest of his life with house. House is a Short Sale. House is an Active Contingent Short Sale meaning that the seller has already accepted an offer, and now it’s up to the bank. Boy doesn’t care. Boy is in love.
Boy makes a backup offer. Boy waits. And waits. And waits some more. Why must he wait so long to have the house of his dreams?
“It’s not you, it’s me”, says the house. “You’re fine, but the bank needs to know all about me and my owners. Are the owners suffering financial hardship or do they have a stash of money hidden somewhere and just don’t want to pay their mortgage? Are they secretly getting their brother-in-law to try and buy the house, cheap? Who is the lender? Is there a second mortgage? Delinquent taxes or HOA fees? Liens? That is what’s taking so long. “It’s not you, it’s me.”
“Are you seeing other people?” asks the boy. “Why yes I am!” replies the house. “I am seeing a parade of potential buyers and their realtors. I saw an appraiser. I saw inspectors and a surveyor. I see many people; you must be patient with me.”
Boy loses house. The bank accepted another contract. Boy is unbelieving. Boy is angry. Boy cries. Boy is resigned. Boy is hopeful. “Maybe that relationship won’t work out”, he wishes. Boy waits. He begins to see other Houses. Before he becomes emotionally involved with Another House, his realtor calls. The “buyers walked”, so House is available once again.
Boy is jubilant. The house is now a “Bank Approved” Short Sale! Boy thinks, “now it is easy”. House says “that isn’t so”. Boy must wait. Bank must re-evaluate the house and it’s owners to see if the owners are still suffering financial hardship. Has any unexplained money shown up in their bank accounts? Are they secretly getting their nephew to try and buy the house, cheap? Is there a third mortgage? Deliquent taxes or Hoa fees? Any new liens? Boy waits. Boy is weary and dispirited. But then….
Boy gets House. And, they (want to) live happily ever after.
Let me help you with your very own Short Sale saga in SW Florida.
Hwy. 41 is THE highway between Miami, Florida and Copper Harbor, Michigan; from Tampa to Miami it is also known as the Tamiami Trail. I live somewhere along the Tamiami Trail, so SW Florida is home to me. “WEST of 41” is a designation that is used to describe property that is located, ahhhhh, West of Hwy. 41 with the other landmark being the Gulf of Mexico. So, when I invented the saying “WEST of 41 is BEST” please take that to mean that this includes beach front and other properties that are closest to the beach. “WEST of 41” is an entire lifestyle that includes vacations, the beach, boating, kayaks, fishing, eating fish, wearing flip flops to dinner……
“WEST of 41” BLOG is to share an insider’s view of this area.; where to visit, what to do, vacation rentals, restaurants, shopping, real estate and lifestyle.
Did I say real estate? My bad. I am a REALTOR and I specialize in properties WEST of Highway 41 from Sanibel Island to Naples including Fort Myers, Fort Myers Beach and Bonita Springs.