SOLD!!!

2 Acres in Equestrian Community in Sanford Florida, Seminole County

Beautiful equestrian planned community of Sanford Trails Estates is ready for your dream home and barn.

Giddy-Up!

The entire perimeter of the community is an equestrian easement so you’ll always have a place to walk your cool-downs.

Seminole County Florida and it’s County Seat, Sanford Florida, is a great place to live.  Consistenly topping every list of best places to live and boasting a GREAT school system and beatiful parks, Seminole County will soon be a place you’re proud to call home.  This lot is “in the country” but is just down the road from Downtown Sanford with it’s marina on the St Johns River, antique shops, and fabulous restaurants.

Want to ride? There are several parks in Seminole County and the surrounding area that allow horses.

Fire-hydrant is right at the corner of your lot, so insurance will be low.

This property is listed as a short sale, so bring your buyers and let’s make a deal!

Listed at just $89,000

Drive by 1261 Thoroughbred Trail and then call Andy Tolbert at HD Realty for more info!

Direct: 407-842-7700

Click Here for a map to the area.

RESOURCES:

For Real Estate Agents: Subscribe to my weekly e-zine at www.AndyTolbert.com

For Homeowners: BeforeYouShortSale.com and SeminoleCountyForeclosureBlog.com

For Investors: IRCFlorida.com

Today there are 752 Bank Owned and Short Sale Houses in Seminole County between 100-300,000
And 37 of them are WATERFRONT!!!

There are some amazing deals and interest rates are still VERY low, so it is a great time to buy a home for LESS than you’re currently paying in rent!

Buying a property that is bank owned or pre-foreclosure presents challenges because often they are not maintained well and need repairs. Let my years of experience help YOU get into a GREAT home at a GREAT price!

Click HERE to glance at the 752 available homes
Click HERE to see the 37 waterfront foreclosures

Call me right now if you’d like to get pre-qualified and see how affordable a home can be! 407-260-8800 ext. 107

In the first quarter of 2010 (January - March) there was a total of 1,210 sales in Seminole County Florida.  Of these,

23% were Short Sales (a short sale is when the seller owes more to the bank than what it’s worth and the bank lets them sell it anyway)

37% were REO which stands for Real Estate Owned (means the bank has already taken the home as a foreclosure and is now trying to sell it)

39% were “Regular” Sales, meaning neither a Short Sale or an REO

If you are thinking of buying or selling a home that potentially is a Short Sale or an REO, make sure your Realtor is experienced in these tricky transactions.

If you need more info on the possibility of selling YOUR home as a short sale, please visit http://www.BeforeYouShortSale.com

Today marks the first day of HAFA (Home Affordable Foreclosure Alternatives) which is the new program that is supposed to make short sales easier, faster, smoother, and may even PAY you to cooperate with your lender, but in reviewing some of the guidelines, I noticed a biggie that isn’t being talked about… YOU SHOULD STILL BE IN THE HOME!  If you move out into another house it might hurt your chances!  Here’s some basic guidelines: 

• Principal residence. The property may be vacant up to 90 days before the date of the Short Sale Agreement (SAA), Alternative Request for Approval of Short Sale, or DIL but only if the borrower documents they were required to relocate at least 100 miles from their home for purposes of employment and they have not purchased another property in the 90 day period.
• First lien originated before 2009
• Mortgage delinquent or default is reasonably foreseeable
• Unpaid principal balance no more than $729,750 (higher limits for two- to four-unit dwellings)
• Borrower’s total monthly payment exceeds 31% of gross income

If you are considering a short sale on your home, make sure you talk to a Realtor that is well versed and understands the ins and outs of doing a short sale, don’t be afraid to ask them!  HAFA just went into effect today, so they won’t know all of the kinks in the HAFA program, but they should have a thorough understanding of the short sale process and what it takes to get them closed!

Good Luck!

p.s.  If you’re in the Central Florida area, I would love to offer a free consultation on your situation.  And no matter WHERE you are, you can get some basice short sale tips at www.BeforeYouShortSale.com