My happy customers and observations on current trends in our community.

Congratulations, I listed 29308 Markers Loop on June 16th received a full price offer and closed on June 26th.  I helped the Beaumont’s find and close on 10454 Hyannisport Loop on June 27th. Very happy buyers & sellers!

We have only 10 homes currently active and for sale in our community. I feel it’s an obligation to comment on this activity. These homes are extremely overpriced, by no means will appraise,  and may I suggest that any buyer considering the current listings check public records for accurate heated square feet, make certain any agreement you enter into is subject to a satisfactory appraisal. “ESPECIALLY CASH OFFERS!” Motive for a professional listing agent to list your home? Active listings in the MLS bring buyers to this agent or team. The home is locked into the agreement most commonly for 6 months and there are consequences if you choose to withdraw. This being said, an educated buyer has now engaged this listing agent and respectfully shows them reasonably priced homes in the price range the buyers are qualified for. Do they come to these ridiculously overpriced listings? Maybe and maybe not, however this agent now has an active buyer they can sell a home to and in many cases, find a home outside our community.

I will NOT enter into an agreement to list your home at a price that we hope will sell because there is nothing on the market. Buyers come to me many, many times a month that do their homework and even research in depth the homeowners as well as the true value of the homes on the market. These buyers are very savvy and look for weakness and strengths in the seller and their property when considering any potential offer.

Are you looking to sell? Looking to buy? I have buyers and sellers anxious to put together a fair deal that satisfies both sides and may never stay active in the MLS for more than a day. Call me with your concerns and your requests, I assure you my staff or I will find something that meets everyone’s

I have a stake in Tampa Bay Golf and Country Club “DO YOU?”

Many folks in our community do not understand why values may fluctuate so drastically in TBGCC.  We cannot depend on the surrounding zip code markets to acquire value inside our boundaries. Zillow, Trulia, and many web based estimates use algorithms to summarize value by a broad use of data.

  • Algorithms; defined means “ a procedure for solving a mathematical problem (as of finding the greatest common divisor) in a finite number of steps that frequently involves repetition of an operation!  Simply means, “Gathering public record data to calculate value! How broad can this be? By no means does this data calculate upgrades to your home. An exception being, a permitted project becomes public record that can be grabbed by this tool source.

With so many variables, it’s impossible to predict stability in our community. One important step for us to consider, reach out to families that become custodians to homes our neighbors can no longer maintain. The family, for whatever reason, chooses to give a mortgaged home back to the lender in a foreclosure action.  This impacts each and every one of us, and ultimately is currently the primary cause for unstable values in our community.

  • Caution! It’s my opinion any family challenged by these circumstances should seek professional advice before liquidating to a neighbor, or outside party looking to capitalize on someone else’s hardships.

“Deed in lieu of foreclosure”

Wikipedia definition;

What is this, and how does it affect me?  This is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings.

The deed in lieu of foreclosure offers many advantages to both the borrower and the lender. The principal advantage to the borrower is that it immediately releases him/her from most or all of the personal indebtedness associated with the defaulted loan. The borrower may receive more generous terms than he/she would in a formal foreclosure that in many cases entangles probate and may drag out a final will, and or trust..

Another benefit to the borrower is that it hurts his/her credit or estate less than a foreclosure does. Advantages to a lender include a reduction in the time and cost of a repossession, lower risk of borrower revenge (metal theft and vandalism of the property before sheriff eviction), and additional advantages if the borrower subsequently files for bankruptcy.

If there are any junior liens a deed in lieu maybe less attractive option for the lender. The lender will likely not want to assume the liability of the junior liens from the property owner, *Example; HOA liens, and accordingly, the lender may prefer to foreclose in order to clean the title. Each case carries its own merits, and HOA management may favor negotiations oppose to foreclosure.

In order to be considered a deed in lieu of foreclosure, the indebtedness must be secured by the real estate being transferred. Both sides must enter into the transaction voluntarily and in good faith. The settlement agreement must have total consideration that is at least equal to the fair market value of the property being conveyed. Sometimes, the lender will not proceed with a deed in lieu of foreclosure if the outstanding indebtedness of the borrower exceeds the current fair value of the property. Other times, lenders will agree since they will end up with the property anyway and the foreclosure process is costly to the lender.

Because of the requirement that the instrument be voluntary, lenders will often not act upon a deed in lieu of foreclosure unless they receive a written offer of such a conveyance from the borrower that specifically states that the offer to enter into negotiations is being made voluntarily. This will enact the parol evidence rule and protect the lender from a possible subsequent claim that the lender acted in bad faith or pressured the borrower into the settlement. Both sides may then proceed with settlement negotiations.

Neither the borrower nor the lender is obliged to proceed with the deed in lieu of foreclosure until a final agreement is reached.

Listed May 15th and full price offer May 31

29430 Schinnecock Hills Ln. San Antonio, FL was only listed 16 days before a full price offer was accepted.  Check on the link below to view this listing I completed. My stats are building extremely quick results.  What other Realtors promise, I do better and my last two properties in TBG&CC are proof that a RE/MAX Agent sells more Real Estate than any other brokerage. I’ve closed on OVER $3,000,000 in the past 6 months in Tampa Bay Golf & CC in the past 6 months and have almost another $1,000,000 pending to close. Who do you want to represent you? Be part of our success, call me today 352-834-1326, and learn how your home can sell for more money and less days. No pressure to sign a contract, a scope of analytical data to assist you in determining your best choice in representation.

29430 Schinnecock Hills Ln. San Antonio, FL

Trending in Tampa Bay Golf June 15, 2017

We only have 13 homes for sale in Tampa Bay Golf and Country Club. This reflects less than 1% of the entire community. It’s difficult to find stats to provide reasoning for this behavior. Out of these active listings, five are extremely over priced and is discouraging buyers from exploring their possibilities to purchase here.

Buyers are tech savvy and know the values for homes. Unless the extraordinary is pointed out with supported findings these potential buyers will be moving to other communities. Doesn’t matter how attractive our community, it sends a message to buyers that we’re pricing our homes out of the market place.

For those who are serious about buying or selling, please call me for an appointment to explore realistic opportunities.

Interesting trends for Tampa Bay Golf and Country Club since the end of April 2017

April & May Dan Swing reaches $1,983,000 in home sales, exclusively in Tampa Bay Golf & Country Club!

My marketing in Tampa Bay Golf and CC has recently been seen on MSN and USA TODAY streaming news feeds. Now that’s REAL coverage. I also hold bragging rights for bringing the most buyers to our community than any other active Realtor’s in the past 90 days.  I’m analytical and I can back up these supportive findings.

A quick observation, a Villa recently sold for $133.63 a sq. ft., this Villa spared no expense in their renovation quest. Far more than I would recommend to any of my sellers. It would be interesting to see how much this seller lost from the beginning of their renovations to the close of the sale. Too many variables to speculate these results!

I continue to have buyers standing by visiting extraordinary value for homes in our community.  I still hold the record for getting the most per sq. ft. for my sellers than any other Realtor in our community and in many cases; I have brought the buyer to the same home I’ve listed. Several homes between 1700 and 1800 sq. ft. have brought in $127 to 128 a sq. ft. this being said, I brought a buyer to 9812 Rolling Cir., “2 bed 2 bath” an extraordinary find and location. “SOLD” for nearly $133.00 per sq. ft. at $258,000. These neighbors have been current residence, saw this home and immediately had to have it. A great buy for its grandeur, quality and location. I recently brought a buyer to 10311 Cleghorn that closed in less than 30 days from contract to close with a conventional loan. Extremely happy buyers and will be great assets to our community. I also brought the buyers and seller together for 11116 Moshie Ln., awesome location on the 5th fairway. An excellent value at $267,000. Mary loves to bowl and Don loves Golf.

What more can you ask for. Choose carefully who you choose to represent you. I’m confident my staff and I will bring you the best and highest offers second to none. Our professional photography, extended marketing sphere of buyers, and a stress free process you can trust.  Dan without doubt has a proven record in performance, and stands by his professional staff.