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The Keys are a long, skinny chain of Islands south of Miami and north of Cuba. We are known for fishing, boating, diving and other warm weather and water activities.
A couple from Kansas closed on their new Futura Yacht Club condo this week. It has 3 bedrooms, 2 bathrooms and a boat slip. There are spending their time diving with Conch Republic Divers on Tavernier Creek and enjoying their new place.
They are choosing paint colors and planning on a new kitchen in the fall. The Sherwin Williams people have become fast friends as they spruce the place up. They will be renting the unit and are meeting neighbors who know of possible tenants. Islamorada Carpet Cleaners have already been in there to clean the furniture. New sofa pillows have been purchased from the Key Largo K Mart. The unit will be listed as a short term rental with Barefeet Rentals in Key Largo.
Thanks to Ann at TIB bank and Chris at Absolute First Title for making this transaction so easy and congratulations to the Boyers on their new purchase.
The purpose of this post? It is to represent how important Real Estate sales are to a community. Come on banks, get out of the way of the economy!
It is 4th of July weekend which means craziness in the Fabulous Florida Keys. Welcome visitors and out of area owners! We are glad you are here spending your tourist dollars. Thanks for eating in our restaurants, drinking in our bars, visiting our parks and shopping in our stores.
We need you and we depend on you. Some of you might decide you want to buy here, and I will be happy to find you a piece of Paradise.
Please know, most Realtors do not work on national Holidays, but there are about 355 other days of the year we do work.
Enjoy yourselves. As for me, I did my grocery shopping and visited the liquor store on Friday. I will be hibernating until Tuesday when the roads have cleared, gas prices have dropped again and you can find a seat in a local restaurant.
My buyers were 3rd in line to purchase a condo here is Islamorada. They waited 10 months and finally made it to the top of the list because all the other buyers got tired of waiting and went on to properties that were NOT short sales.
The bank accepted their price, no counter, no haggling, just flat out acceptance. Boy were the buyers surprised that the bank simply took such a low offer.
The inspection was fine and we were coasting to closing AND THEN the estoppel letter! There was a $10,000 shortage of past HOA fees. The bank wouldn’t pay it because they are limited to what they have to pay. The seller wouldn’t pay it because they didn’t have the money, so guess who was tapped! That’s right, the buyer.
Now, had the bank counter their offer with an additional $10,000 and agreed to pay the HOA fees, they buyer could have financed $8,000. and would only had to come to closing with an additional $2,000. We were fortunate that this particular buyer HAD an additional $10,000. otherwise, we would have never closed.
Anyone else have stories like this?
Florida Keys Real Estate sales for week over week of June 12-June 18, 2011 vs 2010 showed 90% of last years’ sales.
Key Largo had 6 sales during this period. The highest closed sale was for 200 Ballast Trail for $1,200,000. the lowest priced sale was 9 Poinciana Drive for $189,000.
Now is the time to buy! Call me and let me help you find your piece of paradise. 305-394-3400
It it great to be back online. I am refreshing my memory as to how this was all set up. . Be patient, by reviewing the information again, I can only get better at it.