New Bank of America Short Sale Policy Change.

 Realtors now have  8 Days to Submit a Backup Offer! 

Bank of America has listened to feedback from Realtors over the last 6 months and have now agreed to a policy change to processing short sales.

If it becomes necessary to submit a backup offer during a short sale, Realtors now have a  window for making the submission within eight calendar days after the initial offer becomes invalid with out having to restart over the complete file..  

Any backup offer will require analysis by Bank of America and their investor approval, regardless how similar it may be to the previous offer. I have been able to get a quick reviews and answers normally within 45 days of the buyer walking away from the banks first approved price. 

If no backup offer is available:  Joe Kendall, Broker Associate with Sandals Realty will do the following

• The short sale will be closed in Equator System. ( Bank of America online processing system  ) 
• I will return to marketing the property online untill be recieve another offer. 
  
  
  Please call me with any questions you may have regarding listing your home for a short sale.  
  
  
  I look forward to helping you close the current chapter in your life and opening new doors to your future.
   

  Sign up for full access from the Fort Myers Area MLS here 

  Visit my other website's :

  Joe's Youtube JoeSellsFlorida

  Joe's Local Wordpress Blog View Southwest Florida

  

   

   Joe Kendall, Broker Associate

   Sandals Realty, Fort Myers & Naples Florida.

  Waterfront, Residential Communities, Short Sale Expert

      Direct Line/Cell Phone 239-560-0726
  

   Joe's Email can be accessed by clicking  here 

   

    

   

  0 comments • Joe Kendall, Broker Associate Cape Coral, Fort Myers, Naples Florida • January 10 2012 08:02PM

  Cape Coral Florida Homes for Sale | Cape Coral Fl | 33904, 33914

  

   

  Cape Coral Florida Waterfront Homes For Sale. Search the local MLS listing service for gulf access waterfront homes for sale in Cape Coral  Florida. there has never been a better time to buy on the waterfront in Cape Coral Florida.

   

  You can access all the Gulf Access Waterfront Listings of homes for sale including Foreclosures  provided by Short Sale Expert , Joe Kendall Broker Associate with Sandals Realty By clicking here   or you can request a complete list by clicking here

   

   

   

  Sign up for full access from the Fort Myers Area MLS here 

  Visit my other website's :

  Joe's Youtube JoeSellsFlorida

  Joe's Local Wordpress Blog View Southwest Florida

  

   

   Joe Kendall, Broker Associate

   Sandals Realty, Fort Myers & Naples Florida.

  Waterfront, Residential Communities, Short Sale Expert

      Direct Line/Cell Phone 239-560-0726
  

   Joe's Email can be accessed by clicking  here 

   

    

   

  0 comments • Joe Kendall, Broker Associate Cape Coral, Fort Myers, Naples Florida • January 02 2012 06:22PM

  Fort Myers & Bonita Springs Florida | MLS SEARCH PAGE.

   

   

  

   

  Search Thousands of condos in Fort Myers and Bonita Springs Florida by clicking Here   Now is the time to buy in Fort Myers and Bonita Springs. Bank Owned property, Short Sale Property and Motivated Sellers have people buying at unbelievable prices in southwest Florida.

  Fort Myers and Bonita Springs Florida have many of the finest gated communities in all of Florida. Gulf Access waterfront Homes and Condos in Cape Coral are some of the best waterfront values in all of the west coast of Florida. See why CNN Money.com named Cape Coral as the no. 2 in the country as a best place to retire.

  Call or email me today to request a detailed list of what your interested in buying in southwest Florida. 

   

   

   

  Sign up for full access from the Fort Myers Area MLS here 

  Visit my other website's :

  Joe's Youtube JoeSellsFlorida

  Joe's Local Wordpress Blog View Southwest Florida

  

   

   Joe Kendall, Broker Associate

   Sandals Realty, Fort Myers & Naples Florida.

  Waterfront, Residential Communities, Short Sale Expert

      Direct Line/Cell Phone 239-560-0726
  

   Joe's Email can be accessed by clicking  here 

   

    

   

  0 comments • Joe Kendall, Broker Associate Cape Coral, Fort Myers, Naples Florida • December 29 2011 04:34PM

  Cape Coral & Fort Myers Florida Real Estate | Top 5 Mistakes Home Buyers Make

  

  
  

  Not getting pre-approved before house hunting.

   

   

   

   

  Why get your hopes up looking at $400,000 homes, when you can really only afford a $200,000 home? Before you start house hunting, narrow down your price range by getting pre-approved from a local mortgage lender. Asking your Realtor for a referral to a good local mortgage Lender here in southwest Florida with local mortgage knowledge is your best move. they will work you up a good faith estimate hat spells out the likely terms of your loan, including the interest rate and closing costs in dollars amounts per line item and a grand total ( No surprises at the closing table ! ) Now you know how much of house you can afford, it also lets the sellers know that you're serious about buying. Now it's time to go house hunting with an experienced guide!

   

  
  

  Waiting for the market to improve or not buying at all. 

  
  

  No matter how much research you do online, no one person or website can predict where the market is going specially here in southwest Florida, so trying to time your home purchase with the bottom of the real estate market is a waste of your time and in the long run could cost you a lot more money. If you're financially and emotionally ready to be a homeowner, you should proceed with purchasing a home. Remember, You could be building equity, getting tax deductions and enjoying the many other benefits of home ownership right now! Besides it's your life don't you want to be living it under your own control and decisions? 

  
  

  Making an offer without contingencies.

  
  

   

  You need to have a back-out plan as a home buyer . If the home doesn't appraise for the purchase price, or your lender refuses to fund your loan, having contingencies on your contract gives you the right to cancel the contract and return your good faith escrow deposit. I always explain it this way, would you spend a couple hundred dollars in a store that doesn't have a 30-day return policy? Then why would you put hundreds of thousands of dollars on the line without the right to walk away? When your Interviewing Realtors to work with ask the agent "How do they protect you the home buyer and you're best interest? "  

  
  

  Turning down a home inspection option? 

   

   

  All homes have defects -- including brand new construction homes, so getting a professional inspection done as a contingency before making the commitment to move forward with financing the home. Be sure to attend the inspection and go with the inspector on a grand tour of the condition of the home. This should be a 2 to 2 1/2 hour inspection of the complete home and it's components. You always have a home inspection, there is never a good reason not to have one ! Have you ever heard of Chinese Drywall ? 
  

   

  
  

  Buying a foreclosure without doing your Homework. 

  
  

  Cape Coral , Fort Myers and Lehigh Acres have leading the country over the last few years in foreclosures, but working with a real estate professional will help you sort all the information out . Many home buyers  get stressed out and confused as they are so set on finding a bargain, they overlook that buying a home that needs repairs can be a stressful and expensive repairs continue on and on beyond the surface. Before buying a foreclosure that needs repairs make sure you have the knowledge of costs, skilled licensed professionals to do the work and have the reserve funds to pay the cost of repairs. ( I can help you with licensed professionals ) The foreclosure market is full of great opportunities, but many need repairs done before occupying the property.

   

  I author this information as an encouragement to you as a home buyer to clearly undersatnd the importance of with working with an experienced real estate professionial. There has never been a better time to "Buy a Home" in southwest Florida.

   

   

  Sign up for full access from the Fort Myers Area MLS here 

  Visit my other website's :

  Joe's Youtube JoeSellsFlorida

  Joe's Local Wordpress Blog View Southwest Florida

  

   

   Joe Kendall, Broker Associate

   Sandals Realty, Fort Myers & Naples Florida.

  Waterfront, Residential Communities, Short Sale Expert

      Direct Line/Cell Phone 239-560-0726
  

   Joe's Email can be accessed by clicking  here 

   

    

   

  2 comments • Joe Kendall, Broker Associate Cape Coral, Fort Myers, Naples Florida • December 29 2011 09:45AM

  Fort Myers & Naples Florida | Real Estate Investments | 1031 Exchanges & Self Directed IRA'S

  

  Naples Florida real estate investments written by Joe Kendall, Broker Associate with Sandals Realty. There are two different choices you make make without having to pay cash and can help you avoid paying taxes.

  1031 Exchanges and Self Directed Retirement Accounts : let me explain the difference and how they work.

  (A) 1031 Exchanges are used by real estate investors by reinvesting profits and appreciation while avoiding taxs on your investments. They provide you the Florida real estate investor the ability to start at any level meaning the amount of investment  and trade up on property without the taxes taking a huge bit out of your profits and impacting your accumulation of wealth invested in southwest Florida real estate.

  (B) Self Directed IRA'S help the Florida real estate investor invest their money/funds in non traditional options such as southwest Florida real estate. this gives you the ability to steer away from tax implications that can come with investments.  

  I work with one of the top of the leading experts in the field of 103 Exchanges and Self Directed IRA'S in the state of Florida. 

  The Foreclosure and Short Sale Real Estate Market in southwest Florida remains still Strong for the real estate investor looking to grow their investments. I have been listing and closing short sale properties since 2007 and have the experience  to help you grow your investments in in southwest Florida

  I look forward to talking to you about southwest Florida real estate investments.

   

  Sign up for full access from the Fort Myers Area MLS here 

  Visit my other website's :

  Joe's Youtube JoeSellsFlorida

  Joe's Local Wordpress Blog View Southwest Florida

  

   

   Joe Kendall, Broker Associate

   Sandals Realty, Fort Myers & Naples Florida.

  Waterfront, Residential Communities, Short Sale Expert

      Direct Line/Cell Phone 239-560-0726
  

   Joe's Email can be accessed by clicking  here 

   

    

   

  0 comments • Joe Kendall, Broker Associate Cape Coral, Fort Myers, Naples Florida • December 11 2011 10:14AM
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