Sarasota Homes: List vs Sale Price? (Tamiami, Riverview: 2011, loans, house)

[SoFLGal]

Originally Posted by xmetal

SoFlGal, thanks for the info on those places. I'll have to do some searching. A quick peek around the net looks like many of the gated communities you mention are a bit north of our price range though (Trillium, Amberlea, etc).

Does anyone know of a resource online that shows on a map where all these various communities are? I couldn't locate anything like that at the moment...

FLBob had a good way of explaining the price per square foot. You really need to be comparing apples to apples.

You can go to www.MyFloridaHomesMLS.com and search for property. This is the MLS website for the public and is not connected to a Realtor. It does have a map search that narrows down as you put criteria in.

You're right xmetal, a few of the areas I mentioned are north of your price range. Those were some that came to mind so I thought I'd list them but when I actually did the search I listed those possibilities underneath them.

Most of the moratoriums for the banks were listed on April 1st.

[xmetal]

Originally Posted by SoFLGal

FLBob had a good way of explaining the price per square foot. You really need to be comparing apples to apples.

You can go to www.MyFloridaHomesMLS.com and search for property. This is the MLS website for the public and is not connected to a Realtor. It does have a map search that narrows down as you put criteria in.

Excellent, thank you for that link, looks really useful.

[dmccauley]

Originally Posted by SoFLGal

Three Oaks-around the Ashton Rd area, according to the listing the owner is very motivated. I think someone that posts on this board lives in Three Oaks and really likes it there.

Hi SoFlGal, I think your referring to me with Three Oaks. I do love it here. To the OP the hoa fees here are $590/year. The just changed it to be 2 intallments instead of annual. Ashton is a wonderful school right around the corner and Siesta Key is less then 8 miles. I consider Three Oaks to be the ideal location. You have access to I-75 either exit 205 or 207 (can you tell I'm originally from NJ, I still use exit numbers) Walmart is around the corner and so is Publix. The prices vary here. You have the newer section homes built 2002 to end of 2003, the street names are eastwind drive, oakton court and offer a little larger homes vs. the other Three Oaks but either location is great, and very family oriented.

[SoFLGal]

Originally Posted by dmccauley

Hi SoFlGal, I think your referring to me with Three Oaks. I do love it here. To the OP the hoa fees here are $590/year. The just changed it to be 2 intallments instead of annual. Ashton is a wonderful school right around the corner and Siesta Key is less then 8 miles. I consider Three Oaks to be the ideal location. You have access to I-75 either exit 205 or 207 (can you tell I'm originally from NJ, I still use exit numbers) Walmart is around the corner and so is Publix. The prices vary here. You have the newer section homes built 2002 to end of 2003, the street names are eastwind drive, oakton court and offer a little larger homes vs. the other Three Oaks but either location is great, and very family oriented.

Yeah! It's you! I couldn't remember exactly who it was but I knew that that person liked it. Glad you could give your first hand experience living in Three Oaks is always good to hear from someone who actually living in the neighborhood.

[NSX]

SoFLGal & FLBob:

Thanks very much for the insight! I'm sure I'll have more questions for you guys when I'm closer to buying in the coming months.

[loves2read]

two thoughts (and I am no expert but )I have been doing reading about the next round of adj mortg timing...
someone who is supposed to have some insight/experience in finance said that having such low interest rates now would be helpful when those mortgages come up since hopefully they would not see such a big upswing in interest rates...but it depends on language of the contract...
and secondly...
lots of people who have financial sites and post info about what is happening in the market and the economy talk about the Dow being in a bear uplift---that it is very likely to see downturn after it meets 10050 or so on the Dow and if the resistence is strong and the base of buyers returning to the market has not gone beyond just black box trading by hedge funds and Goldmans Sachs and day traders, then it could drop as bad as it did in November--or worse...that it could go lower than the 6000 mark...if so...recession would be a mild word for what would come...
I don't know...but I know that people are buying--and I don't think fear is as strong as it was a year ago...
my daughter and SIL were looking in south Venice and Englewood around 220 or lower and there were not many options and there was competition...they finally bought in Nokomis but they still did not get that much off price of the house...it was not a steal nor a foreclosure...it was a fair price in this market...if the market gets lower, it will be because the economy is really in bad shape...I really would hate to see that happen...

[xmetal]

So we talked with an agent here about our home, and she happened to own a place in Miromar Lakes, down the coast a bit from Sarasota. She said that it's not a bad idea to look for the bank owned homes out there, to see what could be had. She knew several folks that were able to find very nice properties.

The question I have is where to find a list of bank owned homes? The MyFloridaHomesMLS.com site has an option to show foreclosures, but it seems like the very small handful that show up on there can't be the totality. Or perhaps it is...

[SoFLGal]

Originally Posted by xmetal

So we talked with an agent here about our home, and she happened to own a place in Miromar Lakes, down the coast a bit from Sarasota. She said that it's not a bad idea to look for the bank owned homes out there, to see what could be had. She knew several folks that were able to find very nice properties.

The question I have is where to find a list of bank owned homes? The MyFloridaHomesMLS.com site has an option to show foreclosures, but it seems like the very small handful that show up on there can't be the totality. Or perhaps it is...

There are next to no foreclosures in the Palmer Ranch area. The best way to find listings as soon as they come on the market is to have a Realtor set you up on an automatic search. Then you'll get them as soon as they are listed.

[xmetal]

Thanks SoFlGal. We'll probably be getting in touch with some folks down there in the next week or so, once we get our current place on the market.

[SoFLGal]

Originally Posted by xmetal

Thanks SoFlGal. We'll probably be getting in touch with some folks down there in the next week or so, once we get our current place on the market.

Sounds good. Hopefully you have a good sales market where you're selling. Seems like things are picking up all over the U.S. I've had several people contact me in the last few weeks that have been waiting to sell and just got contracts on their homes. From Washington state over to New Jersey, looks like things are picking up a bit.