tag:blogger.com,1999:blog-2740556909864494483.post4056904018841822249..comments2024-03-22T16:30:48.999-05:00Comments on Key West Properties: The Plight of the Living DeadGary Thomashttp://www.blogger.com/profile/03006513292595034076noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-2740556909864494483.post-55739392541384104032010-06-30T21:12:18.092-05:002010-06-30T21:12:18.092-05:00Looks like the number of foreclosures has bumped u...Looks like the number of foreclosures has bumped up recently and a national survey is out saying the bottom won't happen until 2011. Between oil, hurricanes and homeowners who have been holding out for a recovery, there might be more bargains in Key West later this summer.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2740556909864494483.post-74005676254259870892010-06-25T07:57:37.977-05:002010-06-25T07:57:37.977-05:00This is a great blog!This is a great blog!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2740556909864494483.post-75069143877049844192010-06-22T19:44:50.353-05:002010-06-22T19:44:50.353-05:00Ahhh, the luxury of changing one's mind about ...Ahhh, the luxury of changing one's mind about a $4 million purchase! <br /><br />I'd take the home at 1617 White any day. <br /><br />I'll be surprised if 1425 White fetches more than $2.9 unless they hold onto it for a really long time and wait for a turnaround.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2740556909864494483.post-58425385734092660292010-06-22T17:12:18.311-05:002010-06-22T17:12:18.311-05:00Dear Anon: The house at 1425 White Street is pheno...Dear Anon: The house at 1425 White Street is phenomenal. Good things cost big money.<br /><br />Remember when Kenny Chesney bought then decided to sell his $5.7 million Caroline Street home early last year? This may be a similar situation. Both houses are great properties. People change their minds.<br /><br />By the way our office has an even more expensive and more stunning property for sale two blocks further south at 1617 White Street. Asking price is $3,995,000 and that price does not include the guest houses. That place is Phenomenal as well. <br /><br /><br />GaryGary Thomashttps://www.blogger.com/profile/03006513292595034076noreply@blogger.comtag:blogger.com,1999:blog-2740556909864494483.post-24827395151572704822010-06-22T15:35:03.297-05:002010-06-22T15:35:03.297-05:00Gary, what do you know about 1425 White Street? I ...Gary, what do you know about 1425 White Street? I see it's back on the market after just being sold last year. Seems a big audacious of the owners to list it at $3 million in this market!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2740556909864494483.post-57679808385589610232010-06-17T13:49:15.473-05:002010-06-17T13:49:15.473-05:00Thanks. Very helpful.Thanks. Very helpful.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2740556909864494483.post-74820846415781647562010-06-17T04:00:36.426-05:002010-06-17T04:00:36.426-05:00I search the Monroe County Clerk's website wee...I search the Monroe County Clerk's website weekly to checkout new "Certificate of Title". This is how banks take title to foreclosed properties.<br />I (and you) can see what properties have been foreclosed and then compare or check those properties against what is placed in the mls.<br />There are definitely properties that seem to sit on the sidelines for a while before they go in the mls. <br />You need to understand that there are so many properties nationwide that it takes a lot of organization to get the "inventory" of foreclosed properties secured, prepared for sale, and then marketed.<br />I don't know that there is so much of plan to withhold properties from the market as there is to manage them effectively.<br />As for letting old owners stay in property as "caretakers" is not something new. We did the same thing when I was managing foreclosed properties years ago. <br /><br />GO HERE: http://www.clerk-of-the-court.com/ to SEARCH OFFICIAL RECORDS. Use the tabs to search CERTIFICATE OF TITLE and limit your search to specific dates. Otherwise, you will be wasting your time.<br /><br />You can also search LIS PENDENS the same way only this search will show you what new properties have been introduced to the foreclosure process. These foreclosures usually take months and filing lis pendens is only the start of the process.<br /><br />GaryGary Thomashttps://www.blogger.com/profile/03006513292595034076noreply@blogger.comtag:blogger.com,1999:blog-2740556909864494483.post-29854315878185583352010-06-16T16:15:29.180-05:002010-06-16T16:15:29.180-05:00Speaking of the living, the dead or the somewhere ...Speaking of the living, the dead or the somewhere in between, what's your take on this whole idea of there being some "ghost" foreclosure inventory that banks aren't putting on the market yet? I've heard/read about that happening in some markets. Also heard that in some of these cases and in some actual situations in Key West that banks are letting homeowners who are in default stay in the homes until foreclosure inventory comes down before evicting and selling. At least that way the utilities are paid and the home is, hopefully, maintained. Thoughts?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2740556909864494483.post-69466978386800844102010-06-16T11:11:26.507-05:002010-06-16T11:11:26.507-05:00Agree!
Agree!
Agree!
LOL - I HAD to laugh at the &...Agree!<br />Agree!<br />Agree!<br />LOL - I HAD to laugh at the 'breaking news' CNN caption! Where do you get all the marvelous pictures and ideas?!<br />Love your blog and this is one of your best yet!<br />LOL!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2740556909864494483.post-77763821484215152572010-06-15T16:58:17.923-05:002010-06-15T16:58:17.923-05:00Amen on all counts. I watched a CBS national inter...Amen on all counts. I watched a CBS national interview with the gov over the weekend. The B-roll video was of sludgy oil and spoiled beaches, meanwhile the live shot was of pristine sand and water. But that video, cut in by some careless soul, made it look as though the oil were right there with the gov. So bad.<br />lgcAnonymousnoreply@blogger.com