Cape Coral Florida Bank Owned Property. When I am out showing bank owned property to clients, it's easy for the client to over look the fact that the ugliest pools can mean the best price to you the home buyer. Many times the price is listed at 20% lower when the pool is covered with one of these wood, wire and plastic man made covers.
In these economy many pool company have a "foreclosure clean up and restart program " with a fee of around $900.00 to $1,200.00 to come out and remove these structures and clean and restart the pool. So when your out looking at foreclosures the same home down the street could cost you $20,000 more for the same home with a clean operating pool.
The old saying is when the pool is the color "green" and the "tadpoles" are as big as fish? it's time to make an offer to the bank !
Thinking about buying a bank foreclosure? Work with an experienced guide !
I look forward to working with you.
Best regards
Joe Kendall, Broker Associate Sandals Realty
Waterfront & Foreclosure Specialist
Phone 239-560-0726 Fax 239-236-0422
Search Homes in Southwest Florida www.JoeKendall.listingbook.com
Read Joe's Real Estate Blog www.SwFloridaRealtorsBlog.com
Joe Kendall, Broker Associate
Right Choice Realty
Phone 239-560-0726
Email joek4realestate@aol.com
Search all the homes for sale right here
Do you suggest folks get a pool inspection prior to purchasing just to see what the cost would be?
Good advice Joe. I think the same goes for the rest of the house as well.
We don't have as many pools around here but there are several variations on the theme. When a buyer wrinkles up their nose as they walk into a stinky house I tell them that's the smell of a lower price.