Kelley Ann Ayers
Your Professional Venice, Englewood, Sarasota, and Barrier Island Realtor.

WEB SITE UPDATED: January 27, 2012

Providing a superior level of informed and professional real estate services to buyers and sellers in the Venice, Englewood, Manasota Key, Cape Haze, Boca Grande, Palm Island, Casey Key and Greater Sarasota areas.
 Specializing in Short Sales & Foreclosures.

BARGAINS IN EVERY PRICE RANGE!

WINTER  2012

 THE BUYER REMAINS THE KING IN SW FLORIDA!
If you have dreamed of owning a piece of Florida paradise...
NOW IS THE TIME TO BUY!

The Short Sales are becoming the bulk of the market.  The “Big 3” Banks, Bank of America, Wells Fargo & Chase are all starting to see that for a number of reasons their liability is much less if they never take title to a property.  Hence, the Short Sale, becomes the preferred way to dispose of inventory with far less liability.  Wells Fargo has even begun to waive the deficiencies in writing with cooperating defaulters.   Certainly there will still be foreclosures, but it will not be the main alternative in the near future.   

 The Short Sale process has come a long way in the last two years.  I have recently closed two with Bank of America and both were smooth transactions all the way through, contract to close.  One took approximately 90 days and the other closed in 16 days from the time we had a fully executed contract!  So do not rule out all Short Sales, they can often be the best deal of all!

The inventory is down from previous years, however the prices are still very low and in some cases have adjusted back a decade or better. I have seen more than one case where the house sold for the same price as it did in 1965!
I'm not sure if that is good or bad!
I guess it depends on what end of the stick is yours.

The three primary categories of residential real estate now are:
1) REO/Bank Owned/Foreclosure
2) Short Sale
3) None of the Above!
There is abundant inventory in all categories. 

Most "None of the Above Seller's" are bending over backwards to make a deal work when they do get an offer; especially if they have to sell.
The banks will typically start coming down on their already bargain priced properties after they are on the market thirty days or better. Short Sales can be the best bargain of all if you are not in a hurry! The constant in all of this is that the buyers and investors that are here now are getting some UNBELIEVEABLE DEALS…
far below replacement cost.
That is why vacant land sales are at an all time low.
 

Mortgage rates continue to be at historic lows. Insurance, especially on newer homes is still very reasonable.
Floridians did vote in Jan 08 to increase the Homestead exemption & capture portable tax savings from owning a Homesteaded property for a number of years.

When you come here & look around it is easy to see why Venice was just declared the NUMBER 1 place in the country to retire by Retirement Magazine. Venice regularly is named in the top ten places to retire or buy a second home, by US News & World Report & USA Today. In recent years Venice was voted one of the best small towns in Florida---by Florida Trend Magazine & in the top 10 communities in the country for a second home by Forbes Magazine.

SO WHAT ARE YOU WAITING FOR?
This entire area is very desirable for many reasons
& that is not going to change!
Please come for a visit, soon! I give great tours!

Thank you, Kelley Ann