* SHORT SALE DISCLOSURE:
SHORT SALE properties are normally offered in "AS-IS CONDITION",
which means that the seller will not repair defects to
the property. The buyer usually is allowed to have a home
inspection but the seller will not repair anything. This lack
of guarantee from the seller often encompasses all mechanical items,
structural defects, electrical, plumbing, roof, pest extermination,
mold, radon, etc.. Normally, a clear title is the only guarantee
provided to the buyer from the seller.
SHORT SALE usually means that the seller owes more money to the bank
than the present fair market value of the property, and the seller
will not pay the difference at closing.
The Seller advertised list price is usually far below what the bank
is willing to accept to sell the property. So, even if the buyer
paid the full amount of the list price, the seller normally does not
have the ability to sell the property at the advertised list price.
Often, the seller has no idea of what price the bank will accept.
The bank will determine how much they will sell the property for,
not the seller. The bank
determines what they will accept depending on how much money
the bank is willing to lose.
The buyer may come to an agreed sales price with the seller but the
bank can stop the transaction.
It is not uncommon for the bank to
take several months for them to respond even to the initial offer
from the buyer to purchase the property, and to actually close on
the transfer of the property can take more months as well. |
Personal Property Definitions
( items that are conveyed with the purchase of a property, other than
the actual real estate itself )
Turnkey:
Completely furnished and ready for immediate occupancy
of the property. To include pots, pans, glasses, vacuum, iron, sheets,
pillows, etc.
Furnished:
All furniture, electronics, pictures and all major appliances.
Exclusion of more personal items such as dishes, sheets, cooking
utensils, etc.
Partly Furnished:
Less items than fully furnished. Each property can vary in the
amount of items conveyed.
Unfurnished:
The items to remain are all permanently attached items ( items
screwed, glued, nailed, etc. ), such as lighting fixtures, window
blinds. Pictures are not permanently attached. Curtains are usually not
left. All major appliances such as stove, oven, dish washer, clothes
washer & dryer and attached microwaves convey with the property.
Negotiable:
The price that is asked by the sellers is offered as UNFURNISHED.
However, the sellers are interested in possibly selling part or all of
the personal items.
NOTE: Each seller and sales transaction is different. It is important to
have a clear understanding what is being offered before entering into a
sales contract.
BUYERS:
Sloan Realty, Inc. can
REBATE OUR BUYERS up to $20,000
on Country Club purchases!
SELLERS: We List For Less! We can LIST
YOUR PROPERTY WITH MLS STARTING AT 1.9%, which
also includes additional property advertisement in newspapers,
postcards, this web site, Realtor.com, signs, flyers, etc. We
are members of the local Multiple Listing Service,
the Florida Association of Realtors, and the National Association of Realtors.
Our family has specialized in selling country club property in this
area since 1975.
Call us at (239) 454-0725 for more information or e-mail us at
sri8038@sloanrealtyinc.com |
The data relating to real estate for sale on
this web site come in part from the BR Program (BR Program) of the Florida
Gulf Coast Data Base. Properties listed with Brokerage firms other than
Sloan Realty, Inc. are marked with the BR Program Icon and detailed
information about them includes the name of the listing Brokers. The
properties displayed may not be all of the properties available through the
BR Program. The data provided by the BR Program, and the information is
deemed reliable but not guaranteed. Some properties that appear for sale on
this web site may subsequently have sold and may no longer be available.
