Doughnuts, real estate and prayers When there’s a hot business opportunity or a smoking real estate deal in Southwest Florida, local bankers and brokers grab their BlackBerrys to speed-dial a short-list of hometown movers and shakers: the ones with the inclination, credibility and wherewithal to jump on a deal.
Category Archives: General
Season for bargains
Season for bargains Cold months are a good time to get a deal on a house As the slower fall months arrived, however, the asking price of the Barbour Manor house fell more than $10,000 from the original $225,000. The Prices negotiated the cost down even further — and they had their house in September.
How long should you take to pay off your mortgage?
How long should you take to pay off your mortgage? This is another installment of a series on the decisions mortgage borrowers should make prior to entering the market. Previous articles were about selecting the best type of mortgage, and selecting among three options: paying points, waiving escrows, and accepting a prepayment penalty. This article …
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Harbor Beach home sale fetches $12 million
Harbor Beach home sale fetches $12 million: South Florida Sun-Sentinel A palatial home in the prestigious Harbor Beach neighborhood of Fort Lauderdale sold this past week for $12 million. The property, which was poised to be the new home of Miami Heat’s Shaquille O’Neal, was snatched up by biotech and pharmaceutical giant Myrtle Potter, when …
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Slowing home appreciation may help buyers
Slowing home appreciation may help buyers When Jason and Laura Bennett bought their home two years ago, the housing market was among the hottest in the nation. Would-be buyers made offers as soon as “For Sale” signs went up, then bid even higher in the frenzy to close the deal. Less than two months after …
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Abandoned lot auction planned
Abandoned lot auction planned The sale of more than 2,000 abandoned lots in North Port is scheduled to begin Jan. 19. Doug Dennison, assistant vice president of Fisher Auctions, has toured some of the available lots in North Port, and he knows that not all of them are in pristine condition.