TO SEE ALL PROPERTIES GO TO WWW.STEFANDAMIANOV.COM AND CREATE A FREE ACCOUNT WITH YOUR NAME AND EMAIL ADDRESS TO VIEW ALL THE PROPERTIES AND RECEIVE NEW ONES IN YOUR EMAIL EVERYDAY AFTER THAT.
*YOUR INFORMATION WILL NOT BE SHARED WITH ANYONE*
"10-30% RETURN ON INVESTMENT EVERY 30-90 DAYS, DON'T MISS THIS OPPORTUNITY- EMAIL ME DIRECT FOR THE INVESTMENT AGREEMENT, STEFAN_DAMIANOV@YAHOO.COM" (THIS PROGRAM IS FOR INVESTORS THAT ARE INTERESTED IN BUYING AND SELLING FORECLOSURES, NO HOLDING)
WE SPECIALIZE IN BUYING HOMES AT THE COURT HOUSE STEPS. REHABBING THEM AND THEN SELLING. THE BEST DEALS ARE AT THE COURTHOUSE STEPS AND THE COMPETITION IS NOT AS BIG AS THE PROPERTIES SOLD THERE HAVE TO BE PAID IN CASH BY THE END OF THE DAY.
HERE IS WHAT WE DO: THE INVESTOR PLACES MONEY AT AN ATTORNEYS ESCROW ACCOUNT THAT WILL BE FOR THE PURPOSE OF BUYING A HOME AT THE AUCTION FOR EXAMPLE $70,000. WE WILL GO AND RESEARCH AND INSPECT THE PROPERTIES THAT WILL BE ON THE AUCTION FOR A CERTAIN DAY OR TWO. WE THEN GO AND GET THE BEST DEAL POSSIBLE ON ONE OF THE PROPERTIES WE HAVE INSPECTED. THE INVESTOR PAYS US $2000 OR 3% OF THE PURCHASE PRICE WHICHEVER IS HIGHER. WE THEN ARRANGE FOR CONTRACTORS TO GO IN AND PAINT AND FIX THE PROPERTY TO A SELLABLE CONDITION. WE THEN GO AHEAD AND RELIST THE PROPERTY AT A 6% COMMISSION. HERE IS AN EXAMPLE OF A HOUSE WE JUST DID FROM START TO FINISH:
1100 NW 24TH AVE, CAPE CORAL FL 33993
WE PAID $66,000 AT THE AUCTION TOTAL WITH CLOSING COST AND COMMISSION $69,432
WE ARE SELLING THE PROPERTY FOR $119,500, WITH $4900 OF REHAB, PAINT AND CARPET
AFTER ALL MONEY TAKEN OUT THE INVESTOR WALKED AWAY WITH $30,062 PROFIT WICH IS 37.8% RETURN ON INVESTMENT. CALL ME TODAY IF YOU ARE INTERESTED IN BEING ONE OF OUR INVESTORS.
239-313-3366 STEFAN DAMIANOV
Investments, Second Homes, Primary Residence, Now is the time!
If you plan on having a retirement home in Florida, do not miss the boat, contact us today as Lee county is selling fast. In 2009 there will be more sales then in the peak of 2005. You snooze, you lose!
(FIRST TIME HOME BUYERS CAN NOW RECEIVE $8000 CREDIT IF THEY BUY A HOME THIS YEAR 2009, AND I HAVE A PROGRAM THAT CAN ALSO GET THEM $10,000 FOR DOWN PAYMENT AND CLOSING COST THAT THEY DO NOT HAVE TO REPAY UNLESS THEY SELL OR REFINANCE THE HOUSE)
Sales in SW Florida are up 80% compared to last year. The inventory has gone down by 87% and homes in foreclosure are selling in 30 days or less for 102% of asking price.
Here are some of the deals you can get right now:
Direct Sail Boat access canal front home in Cape Coral for $200,000 and up. Those same homes were selling for $500,000+ a couple of years ago. They can be purchased out of foreclosure for around 70-80% of current market value. Once they are fixed up they can be resold or rented for a good return. Waterfront properties will be the first to go up once all the foreclosures have been bought up.
Pool homes for $100k+ these homes can be found 50-70% of current market values, once fixed up can be sold for a good return on investment!
3/2 Block homes, the majority of homes that are spread around Cape Coral and SW FL can now be bought for $70k+ and once fixed up easily rented for $800-$900 per month AND THE VALUE OF THE FIXED UP HOMES IS $95K+.
Most of these homes need cosmetic work and they are selling fast as buyers want to get their hands on what could be the cheapest prices these properties will ever go for. Usually if you are an investor you need to have cash to buy. Exit strategy will be to fix up and sell or rent for great returns. KEEP READING!
There are good loan programs that we use to attract the buyers once a property is fixed up and back on the market. For example: FHA loan, first time home buyers can gat $8000 in tax credit, and $10,000 for down payment and closing cost, with no interest to repay.
In Fort Myers you can now buy foreclosures at 50-70% of the current market value. Some of these homes are located it Gated Golf Course Communities and sometimes include the golf membership. Homes that were once $700k can now be acquired for $300k, homes that were once $500k can be bought in the low $200’s.
RESIDENTIAL LOTS.
THERE IS NO BETTER TIME TO BUY LOTS IN CAPE CORAL. DRY LOTS STARTING AT ONLY $7000, FRESH WATER LOTS STARTING AT $18,000, AND GULF ACCESS LOTS CAN NOW BE BOUGHT STARTING AT $40,000. THE DRY LOTS USED TO SELL FOR $70,000 + A COUPLE OF YEARS AGO AND WATER LOTS WERE WELL OVER $100,000. BUILD YOU RE WEALTH TODAY. THERE MAY NEVER BE ANOTHER OPPORTUNITY LIKE THIS TO BUY PROPERTY FOR SO CHEAP IN FLORIDA!
This is not an auction. It is an advertisement. We can be reached through our website or by calling us at 239-313-3366 for, Stefan_Damianov@yahoo.com, fax. 888-247-4815
239-297-2358 for Danielle Damianov, danielledamianov@gmail.com
We are a FL Licensed Real Estate agents with Selling Paradise Realty. We have over 15 year of combined experience. We can also assist with your mortgage and insurance needs as well.
Contact us today and find out why over 200 buyers and sellers have chose us as their Realtors.
In The News
BY DON MANLEY
dmanley@news-press.com
Single-family home prices are climbing in Lee County and sales continued at a torrid pace in July, although there was a slight dip from June’s record-setting pace.
Meanwhile, sales across the nation and state are up, but with a drop in the median sales price.
A total of 1,570 single-family homes were sold with the assistance of a Realtor in Lee County in July, according to statistics released today by the Florida Association of Realtors. That’s down from a record-setting 1,705 sales in June, but the July total was staggering compared with the same month in 2008 - a 104 percent increase.
The median sales price for July in Lee County was $89,000, an increase over June’s median sales price of $87,900. For most of the past 31Ú2 years, the sales price has been dropping sharply.
Statewide, there were 115,882 Realtor-assisted sales in July, up 37 percent from July 2008. The median sales price was $147,600, down 24 percent from the July 2008 median price of $193,800.
In a separate report released Friday, the National Association of Realtors announced that sales of previously occupied homes rose for the fourth consecutive month, posting an increase of 7.2 percent - the largest increase in at least 10 years.
Experts say the flood of foreclosed homes that has hit the market is still glutting inventories and depressing prices. But some local experts say the red-hot market is about to cool, at least temporarily.
Fort Myers-based real estate broker Denny Grimes of Denny Grimes & Co. predicts sales numbers for August will show a decline because the pending sales for July (815) are down by 50 percent from June. Not all pending sales close, but pendings feed the number of closed sales.
Grimes cited three possible reasons for a drop in sales: July, August and September are traditionally slow sales months; an “interruption of supply line,” meaning fewer foreclosures hitting the market; or demand has declined, which Grimes said he doubts.
“We’ve had a fantastic year and we’ve had a great month, year over year, but before we go out and buy a bottle of Dom Perignon, July pending sales are down,” Grimes said. “The prudent person is going to keep the champagne on ice, and over a cup of coffee, try to figure out why are sales slowing.”
He also predicted a drop in the median home sales price for August because the median price for July pending sales was $79,000.
Banks have been releasing fewer foreclosed homes onto the market of late, perhaps hoping for prices to escalate, said Keith Campbell, a managing partner for Silverleaf Capital Group in Fort Myers. The company sometimes represents large investors who buy available homes in bulk.
Campbell theorized banks are being selective to avoid further depressing prices.
“I think the banks have been been besieged with so many properties that now, they’re ramped up to handle them with asset managers,” Campbell said.
He said investors will continue to be a force in Southwest Florida.
“There’s a lot of money trying to come in from outside the area because of all the press we’ve received,” Campbell said.
That helped feed the uptick in prices. Demand is outpacing supply, said Steve Koffman, a real estate broker with Century 21 Sunbelt in Cape Coral.
“We’re clearly seeing inventory levels drop and that’s because of extraordinarily low prices,” Koffman said.
“The mindset of the buyers today is very much what it was in ‘04 and ‘05, with people wanting to buy before prices get too high. The one major difference is we’re selling houses below replacement cost, and back in ‘04 and ‘05, we were not.”
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