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This Month's News:
 Clearwater
Market: foreclosing the American Dream?
Short Sales/Bank
Owned:
the super-deals?
Hot
Deals / Drastically Reduced List of the Month
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The problem of making homemade pasta
Nowadays
the hardest part of making homemade pasta is to have a home to make
pasta in. And for an Italian like me, this is getting quite serious.
There is no doubt: we are being foreclosed on the American Dream.
Well, America survived already one great depression, but the problem
of the early thirties was simple by comparison. People were broke
and often jobless, but they usually weren’t in debt. Today people,
corporations, and governments are increasingly both broke and have
mega-debt.
Subject I touched on
HERE not
long ago.
This moment has something to teach us. Maybe this unprecedented
economic unraveling, is the opportunity for many of us to start over
– and to do it differently.
In the Japanese language the word "crisis" is made up of two
symbols: "danger" + "opportunity". That is how the word crisis is
written in Japanese. So let's look at this current economic
situation as a dangerous one that holds tremendous opportunity for
those that want to grow and outcreate it.
Yes,
because finally America is becoming a nation of affordable housing.
Real home ownership, the American Dream, not the speculative
investment, is now affordable again if we look for the special deals
the banks are now forced to offer to the market.
Large homes, small mortgages
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Some example?
Take this great
4/2 home in
the
residential Wood Area.
Apprised at $329,000
in 2007,
just sold
for $160,000 in short sale. |
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This
Clearwater home near
the
Downtown golf Course.
Paid
originally $170,000
in 2006 just sold for
$50,000
in short sale |
Homebuying is an amazing thing. It is a long term investment into
our security. It is what he called "forced savings". Whatever you
pay on your mortgage you don't spend it elsewhere. And the idea is
that in 30 years you'll have it paid off, and you won't have to
rent, but only pay taxes and insurance and have some wealth built
up. Property values will historically grow faster than inflation, so
over the long run you won't loose.
As foreclosure rates hit record levels and property values have
decreased drastically, more sellers are turning to short sales as a
way to avoid foreclosure.
So, what is a short sale and how does it work?
In a short sale, the seller arranges with their mortgage lender to
accept a price that's less than the amount they owe on the property.
As part of this arrangement, the lender may agree to forgive the
rest of the loan. As a result, the seller doesn't have to go though
a foreclosure, the buyer picks up a property at a discount,
and the lender avoids taking on the burden of foreclosing and
marketing the property.
They are a lot of extra work for agents like us, dealing in short
sales and bank owned, but the payoff is certainly more than just a
commission on these deals when we succeed. Everyone wins
every time we keep another home from ending up in foreclosure.
If you know someone who is upside down on their mortgage or in
danger of being
foreclosed on, have them
contact us, realtors experienced in dealing with short-sales or
bank owned.
We are seeing HUGE success rates in stopping foreclosures with
short-sales and these homeowners might qualify for it!
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NOW offered by the bank at
only
$277,000 - paid $615,000
in '05. 3
BR/4BA /POOL -
Over 2,800 sft. What a deal!!
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Another example of
great deal:
4 bedroom,
3 bathroom
newer 2-story executive home
with
great custom pool.
Offered at
$330,000.
Originally
appraised $549K. |
If you are a buyer
remember this:
for
now and many months to come the Short Sales or the Bank Owned Property
are
unquestionably the best deal in real estate, and we decided to deal
with it in the best possible way: helping you to get them.
You
will be surprised how low some sellers' lenders would let you go.
;-)
Two
kinds of best deals:
1) Foreclosed properties (bank owned homes that the bank
really wishes they didn't own, as now they have to maintain it, pay
property taxes, cut the lawn, and try to sell it into the same
overloaded market in which it probably did not sell for months before
foreclosure, so they better sell it really cheap and really fast);
or
2) Short Sales (buying for much less than the mortgage owed
on it with the lender's approval. The buyer is happy because he gets
a bargain, and the bank is pleased to have the situation solved
without having to foreclose on it. It also muddies the waters and
gives the impression something is being done to solve the crisis).
We personally spend a fair amount of time searching SHORT SALES, Sellers
that are motivated, bank-owned, and developer's close-out specials, and we are getting some
GREAT Deals for our Buyers.
And now, if you are still with me ...
OUR NEW SELECTION OF SUPER HOT DEALS
Yes, these are real, not teaser advertisement, and as I write this
newsletter
they are still available, but most of the ones I had prepared last
week
are gone, so if you are interested be fast :-)
 **
BANK-OWNED 3/3 HOME ONLY $277,000 **
ORIGINALLY PAID $615,000 IN 2005!
Rare opportunity to buy a "Bank Owned" Belleair Beach home located a sea
shell throw from the Gulf of Mexico. Over 2,800 heated sft! Huge custom
pool home on corner lot - fire sale price - once in a lifetime
opportunity...don't hesitate see it today and submit your highest and
best offer! You won't get a redo on this one!!!! What a deal !! Call today 727-461-0400!
Click here to receive more info
 **
SHORT SALE ** MUST SELL
- bring offers. 2,600 pool home ONLY $190,000.Short-sale (buy it
for less than the aprox $400K mortgage owned on it) - Super
spacious POOL home on double
corner lot in a beautiful area adj. to the Country Club and Downtown
Clearwater. Very nicely maintained and decorated. Lots of updates. Great
fenced backyard with screened pool, entertainment area, separate garage
or workshop. 4 large bedrooms, 3 baths, lots of living space, original
beautiful hardwood floors, lots of windows and huge family room with
fireplace. Almost 2,600 sft heated. - This is the home you have
been waiting for - at a fraction of its market value!- Call 727-488-4825
or
Click HERE for more info
 ***
BANK OWNED 4BR/4BA/POOL WATERFRONT ONLY $665,000***
New
Luxury Townhome overlooking the beautiful water. The views are amazing
from every floor of this 3 story townhome, which features separate inlaw
suite, privacy fence, paved courtyard w/ private spa, elevator, spacious
and inviting floorplan, with spectacular waterfront views- Call today 727-461-0400!
Click here to receive more info
 **
LUXURY HOME 3 BR, 3 BA, POOL only $330,000**
ORIGINALLY PAID $500,000 IN 2006 - Wow, Bank Owned (not a short
sale) in Prestigious Harbor Oaks - A Historic Clearwater Neighborhood -
Totally updated pool home built for family fun and entertainment. New
Kitchen cabinets, granite counters, stainless steel appliances, family
room with wet bar, wood floors, plantation shutters, and diamond brite
pool finish - don't wait! See it today and make your highest and best
offer! Call today 727-461-0400!
Click here to receive more info
 **
SHORT SALE EXECUTIVE POOL HOME ** MUST SELL - - appraised $536K
in 2006 NOW ONLY $329,000***
Short Sale opportunity handled by professional mediator= smoother
transaction (pay less than the mortgage owned on the property) - What a
deal now at only 339K. One of the best deals - gorgeous home in this
beautiful sought after gated subdivision of Dunedin, Highland Woods.
This is a fantastic family home with screened in pool and two full car
garage, premium lot. It features a large family room open to the
kitchen, separate dining area, spacious master suite and master bath.
Lots of closet space. $ BR, 3 BA, central vacuum, many upgrades. Newer
contruction. 727-461-0400 - or
Click HERE for more info
 ***
SHORT SALE ** MUST SELL
- ONLY $110,000 - (Last sale in same complex $230,000.)
Clearwater, minutes to the beaches, shopping and schools. Short Sale
opportunity! Pay less than the mortgage owed on it! This gorgeous
corner townhome was built 2006. Open floor plan on main floor with
fully equipped kitchen. Master suite + 2 bedrooms are upstairs. You
also own the land with this Townhome!! A few minutes more and you're
on the white sandy beaches! 727-461-0400 or
E-mail for more info
 **
SHORT SALE EXECUTIVE WATERFRONT TOWNHOME AT THE BEACH ONLY 599k**
Incredible short-sale opportunity.
pay less than the mortgage owned on the property (Over 730K). NORTH
SIDE WITH OPEN WATER VIEWS. IMMACULATE UNIT W/NUMEROUS UPGRADES:
UPDATED KITCHEN W/EXTENDED COOKING ISLAND W/SEATING, GRANITE
COUNTERS, BUILT-IN OFFICE CLOSET, BUILT-IN ENTERTAINMENT CENTER,
RENOVATED: INSIDE FEELS LIKE NEW CONSTRUCTION. BOAT SLIP WITH 13,000
LB LIFT. SURROUND SOUND, NUMEROUS BUILT-IN SPEAKERS. TWO BONUS ROOM
WITH BUILT-IN OFFICE; STORAGE AREA. WALK TO PRIVATE HEATED POOL,
BEACH/GULF ACROSS STREET. LOW MONTHLY MAINTENANCE FEE $185,
727-461-0400 or
E-mail for more info
 NEW
TOWNHOME INVESTMENT - FACING THE POND! Still one of the best buy in Clearwater, near Dunedin.
3BR/2.5BA/1 car garage townhomes in the heart of the city from ONLY
$180,000. One of the best builders
around—beautiful floorplan.
Click HERE for more info.
 ONLY
$70,000 - RARE 2/2 Condo ON THE GOLF COURSE
SHORT SALE, ORIGINALLY PAID 189K!! No age restrictions and pets are
allowed. Complex is well cared for - POOL, CLUB HOUSE, GATED. This building is just steps from the community pool.
E-mail
for more info and photos or call 727-488-4825
Would you like to check out even more Deals ? Click Here!
HOMES under 200k
CONDOS under 150K
DRASTICALLY REDUCED
Call
us for a FREE consultation 727-461-0400 or
Sign Up HERE to receive automatic e-mails of all new properties
coming on the market. As always, without obligation!
WE'RE HERE TO HELP - Our goal at Village Reality is to help
you find good properties, whether you're looking to buy your first
home, a home-away-from-home, or an investment or commercial
property. We work hard to find good properties that are priced
right, and to offer properties that we are proud to present.
Our website,
www.ClearwaterPostulate.com , gives you ALL the latest
of our local market, and great real
estate deals. Visit our
Condo Conversion page, the
HOT DEALS page and the
MOST POPULAR BUYS page. We update it frequently, so there's
always something new to find out.
Foreclosures, Bank Owned & Short Sales
Specialists.
Yours,
Paola Lombardi
Broker of Village Reality
727-488-4825
Main Office 727-461-0400
Office Fax 727-216-3469
info@ClearwaterPostulate.com
Are your sales or revenues down trending?
Don't wait until it is too late to find out what can be done to revert
the downward spiral!
Call My Business Consultants at toll free (800) 805-0337 for your free
Business Analysis test and our expert advice.
We specialize in finding the specific “Why” for the problems a business
is experiencing.
 Our
initial business analysis is comparable to a full X-ray of an
organization’s “body” which locates exactly the source or sources of the
problems the organization is having. Then, having this information, we
have the unique ability, thanks to the Hubbard Management Tech and our
experience, to fix it.
Call My Business Consultants today - toll free: (800) 805-0337 e-mail:
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R ead
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ONE OF THE GUYS?
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to really understand this market & feel good about it
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