Cape Coral Real Estate : May 2010

Cape Coral lease options are a great idea again. Florida Future Realty, Inc. has been receiving a high number of requests for purchasing homes in Cape Coral via lease options. We are in need of more inventory to fulfill the needs of these buyers in Cape Coral. Many of these buyers have unfortunately lost a home in the past few years to a short sale, foreclosure or deed in lieu. They are good people who want to purchase a home they can afford but banks aren’t lending them money, yet. They want a place to call home and are sick of moving every 6-12 months from homes that are also going into default! We need your help. If you have property in Cape Coral that is paid for and you’d like to receive income on this property we have a great plan for all. Lease options were very big several years ago and they are big again.

There are 2 parts to a lease with option to buy. The first part is the lease. The lease agreement is set up for anywhere from 1 to 3 years. There is first & last month’s rent included to get started. Rent rates on lease options are slightly higher than standard rental rates because the tenant/buyer will be receiving part of their monthly rent towards the purchase price.

There is also a contract for sale and purchase. This price will be based upon projected market value at the time the lease ends and the sale is to take place. The tenant/buyer will also put a non-refundable deposit down as well. This is generally 3-5% of the sales price but can always be negotiated to fit the needs of all parties involved. This amount will also be credited towards the buyer’s closing costs at the actual sale of the property. If the tenant/buyer fails to purchase the property then they deposit is completely forfeited to the owner of the property.

Our lease option program guidelines: Cape Coral Lease Options

2010 Short Sales are still highly prevalent in and around Cape Coral, Florida. This year we have noticed more and more Cape Coral real estate agents get involved in assisting buyers and sellers with either purchasing or selling short sales. We've been successfully negotiating short sales since 2006. In some aspects the process is becoming easier but in some ways more challenging as well. With new government programs available homeowners are opting to participate in either loan modifications or a short sale when faced with a hardship. We suggest all primary home owners to attempt a loan modification first, prior to attempting a short sale. If a loan modification doesn't work then your lender will most likely even advise you to seek out a short sale. We have much first hand experience in short sales and can assist sellers in and around Cape Coral and Fort Myers with their short sales.

You can read more from our past short sale customers to get an idea of our services.

Cape Coral Short Sale

Our website also goes over many common questions you may have in regards to a short sale on your home. We have also successfully assisted investors and non-primary residents in short selling their properties as well. At times lenders, investors or mortgage insurance companies will require some cash at closing or a promissory note on these type of properties.

If you would like help now with a short sale please go ahead and fill out the form below and we'll be in touch shortly.

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