flood insurance f.a.q.
I have NEVER seen a
site in any business
built around the
customer the way yours
is. When I am ready to
buy, you will be my
I work with home buyers in all price ranges , from vacation condos to multi-million dollar gulf to bay
properties in the most exclusive Sarasota FL neighborhoods.
Prices in our area hit bottom early in 2012, and there's much less foreclosure inventory available. Short
sales are still difficult to close. You can read more about the short sale process here.
If you are relying on Zillow data, they misrepresent Sarasota real estate values and trends. Zillow is not a
licensed real estate broker, and is not in business to sell you a home. Surprised? Click here for my
analysis of Zillow's inaccurate information for the Sarasota area.
When you are ready to buy, you absolutely, positively, must have your financing finalized with a lender
approval letter, ready to accompany any offer you make. Banks will not consider your offer to purchase a
short sale or foreclosure property without documentation of your funding source. For cash purchases, you
must have current proof of funds accompany your offer on a short sale, foreclosure, or traditional sale.
I am advising buyers to be prepared for multiple offer situations on property priced under $150,000. Sellers
are not required by FL real estate law to make a counter-offer to a potential buyer. In the case of multiple
offers, you should be prepared to make your highest and best offer. Many times, the successful offer in a
multiple-offer situation is just over the list price. It helps to remember that even if you have to pay above list
price to get the property, you can rest assured that price is likely 1/3 to 1/2 of what that same property sold for
at the height of our real estate market. Read more about making a winning offer here on my blog. Of course,
we will review recent comparable sales to ensure you are not overpaying for property in this competitive price
Please visit my Service Providers page. I work with a network of experienced professionals, including
mortgage, title, and property inspection, to assist you with all aspects of your home purchase.
You can also learn about the Florida Homestead Exemption.
NEW! Everyone wants to know how far a particular area is from the beach. Now you can view my exclusive
Beach Meter with walk/bike/drive distances or times to the nearest beach for every neighborhood.
I serve a geographic area that reaches south from the I-75/275 interchange in Manatee County, south to
Boca Grande, for a total area which includes Sarasota and Charlotte Counties.
With over 14 years of experience, my wide knowledge of our area's real estate options means I am highly
qualified to help you weigh the pros and cons of areas of interest to you, as well as perhaps suggesting
alternative areas you may not be aware of. For example, did you know that the type of beach sand changes
between Anna Maria and Boca Grande? Or that some area beaches are eroding, and others are gaining
sand? Or that some areas have CDD fees and others do not? Because I work with buyers all over my
service area, I can help you compare and contrast which areas and neighborhoods will best fit your real
Foreclosures are still out there, but not at the levels we saw in 2009 through 2011. On top of that, I'm finding
foreclosure listings for sale are priced very close to what they sold for at the height of the market, as our
current real estate market continues to recover.
Many times, the bank has performed some repairs such as paint and flooring, and maintained the home in
better condition than a private owner in a short sale, who no longer has personal interest in maintaining the
condition of their home.
Read more here about buying a foreclosure.
Some of the franchise brokerages in the area charge buyers a fee. In my opinion, these are junk fees that go
to the bottom line profitability of the broker. You should NEVER pay a fee to a broker when you are buying
property. The seller compensates agents who market their property for sale and obtain a buyer.
In Florida, state real estate law provides for three levels of agency, or client representation. The default
agency relationship in Florida is a Transaction Broker. You are due the following duties from your real estate
representative as a Transaction Broker.
- Dealing honestly and fairly;
- Accounting for all funds (such as escrow deposits);
- Using skill, care, and diligence in the transaction;
- Disclosing all known facts that materially affect the value of residential real property and are not readily observable to
- Presenting all offers and counter-offers in a timely manner, unless a party has previously directed the licensee
otherwise in writing;
- Limited confidentiality, unless waived in wirting by a party. This limited confidentiality will prevent disclosure that
the seller will accept a price less than the asking or listed price, that the buyer will pay a price greater than the price
submitted in a written offer, of the motivation of any party for selling or buying property, that a seller or buyer will
agree to financing terms other than those offered, or any other information requested by a party to remain
- Any additional duties that are entered into by this or by separate written agreement.
I have always said an educated customer is my best customer. My website is one of the few that has blank
copies of the most commonly used documents for buying or selling real estate in Florida.
Please go to the Document Center and feel free to ask me any questions about contracts, disclosures,
addenda, and more. I highly recommend you read the Residential Purchase and Sale contracts. Most
common questions about reviewing documents, making escrow deposits, and home inspection
contingencies, are standard legal language in Florida real estate contracts.
Homeowners who owe more than their home is worth put their homes up for short sale. Short sales are still
difficult to negotiate, especially since the market is recovering. The short sale value may no longer represent
as big a reduction in value from the last sales price as they once did just a couple of years ago. Read more
about buying a short sale.
|I've been selected as a
Redfin Partner Agent.
Read what this means
on my blog.