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Sarasota Foreclosures And Short Sales

photo Marc Rasmussen

Looking for a sweet deal in Sarasota, Florida? The fine folks at Real Estate Webmasters built me some foreclosure and short sale snippets. I built my Sarasota Foreclosure and Sarasota Short Sale pages. These pages are updated daily with foreclosures or short sales in Sarasota, Siesta Key, Longboat Key, Lido Key, Bird Key, Casey Key and Lakewood Ranch.

Foreclosure vs. Short Sale

A short sale occurs when the proceeds of a real estate sale are insufficient to cover the mortgage or balance owned on the property. In a short sale, the bank agrees to take less than what is owed to them due to an economic or financial hardship on the part of the borrower. This negotiation can take a long time to accomplish. In many cases it takes months to negotiate a short…

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Bird Key Real Estate

photo Marc Rasmussen

Situated just off the coast of Sarasota, Florida sits a boaters dream. Bird Key offers residents a spectacular location, deep boating water and luxurious homes. Residents can be walking on Lido Key beach, shopping in downtown Sarasota, playing golf with friends at The Longboat Key Club or eating a nice meal at one of St. Armands outdoor restaurants within minutes of their home. Bird Key location is one of the best.

Bird Key History

In 1911, Thomas Martin Worcester of Cincinnati began to build on Bird Key by dredging a channel through the grass flats to his dock and using the dredged material as fill to raise the level of the land. Worcester built the first expensive home on any island in the Sarasota Bay region.

In the 1920's John Ringling purchased…

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Posted: 2 days ago, Comments: 0, Average Rating: Views: 72

Cherokee Park Homes In Sarasota, Florida

photo Marc Rasmussen

Cozy. Popular. Peaceful.

Sitting peacefully on the east coast of Florida in the city of Sarasota is the popular neighborhood of Cherokee Park. Located west of the trail and just south of downtown Sarasota this is one of the cities most sought after communities. Residents are convenient to Siesta Key beach, shopping, restaurants, entertainment, attractions and are close enough to ride a bike to downtown.

The homes in Cherokee Park are a mix of Old Florida ranch style homes to McMansions. Most of the homes have been remodeled or completely rebuilt. The lush landscaping and mature trees gives this old Sarasota neighborhood a cozy, relaxed and family oriented feel to it. The school districts are considered by many to be the best in Sarasota, Florida.…

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Posted: 3 days ago, Comments: 0, Average Rating: Views: 47

Have Foreclosure Filings Peaked In Sarasota, Florida?

photo Marc Rasmussen

Have foreclosures peaked in Sarasota, Florida? The Sarasota Herald Tribune reported today that number of foreclosure filings dropped by 8.4% in September. It is too early to celebrate in my opinion but this is some positive news. Perhaps the bailout talk prevented some banks from initiating the foreclosure proceedings. It doesn't seem like the fundamental have improved in the last two months so perhaps the drop in filings is a fluke or just a wait and see attitude taken by some of the banks.

I remain optimistic about the future of Sarasota real estate activity. Properties have really come back to a "make sense" price. I remember in 2004 and 2005 I would walk into these 40 year 2 bedroom/2 bathroom starter homes that were selling for over $300,000 and…

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Posted: 1 week ago, Comments: 0, Average Rating: Views: 129

Longboat Key Market Stats

photo Marc Rasmussen

 

Longboat Key is one of the barrier islands of the coast of Sarasota, Florida. It sits just to the north of Lido Key. Assuming no traffic jams the south end of the island is within a 5 minute drive to St. Armands Circle on Lido Key and a 10 minute drive to downtown Sarasota, Florida. Real Estate on Longboat Key is made up of condos, single family homes, resorts and commercial property. It is the only barrier island off the coast of Sarasota that has a golf course.

Longboat Key has a more manicured feel than its neigbors to the south of Lido Key, Siesta Key and Casey Key. People who want that pristine feel would appreciate Longboat Key over the other islands. I just sold a condo on the beach in Longboat Key Towers. They liked the other islands but was…

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Posted: 1 week ago, Comments: 0, Average Rating: Views: 137

Siesta Key Market Stats

photo Marc Rasmussen

 

Siesta Key is a gorgeous barrier island off the coast of Sarasota, Florida. Two bridges provide easy access to the island. Real Estate on Siesta Key is largely made up of single family homes, condominiums and commercial property. Visitors and residents enjoy the fine powdery sands of Siesta Key and Crescent beach. The beaches consistently rank as one of the prettiest in America. I took the family out last Sunday night to enjoy the sunset and beach.  Many truly consider Siesta Key paradise.

Siesta Key Condos

  • 380 condos currently for sale
  • From $170,000 to $4,250,000
  • Median asking price - $624,950
  • 16 condos sold in October 2008
  • Least expensive condo sold in October - $140,000
  • Most expensive condo sold in October -…
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Posted: 1 week ago, Comments: 0, Average Rating: Views: 132

Is This A Good Lead?

photo Marc Rasmussen

 

 

 

  I received this response to my IDX registration email:   Yes, I am looking for a high end home, I noticed that you sell luxury properties...I'm fully prepared to spend 50-60k to get what I want.  I'm looking for a pool home within walking distance to the beach and I have narrowed the search from Naples to Destin although I have never been to Florida.  I just quit my job but I know my credit is good because I just got a credit card offer in the mail with a $350 limit.  I don't have any down payment money and will go for an FHA loan with seller credits and the down payment assistance program.  I look forward to you driving me around and showing me 30-40 properties which I will decide all suck then I will ask you about renting...but I won't be… Read Full Post

Posted: 1 week ago, Comments: 8, Average Rating: Views: 219

What Does $399,000 Buy You In Sarasota, Florida?

photo Marc Rasmussen

I just listed this lovely home in the Country Club of Sarasota. It offers lovely views of the golf course from the rear of the home as well as the front of the home. The golf course community is gated and is convenient to Siesta Key beach, I-75, downtown Sarasota, countless restaurants, great shopping and several golf courses.

The home is a 3 bedroom, 3 bathroom spit floor plan with over 3,200 square feet. The master bedroom, den and living room flow out to the pool area and screened in patio offering the ultimate Florida lifestyle. This is the perfect home for a family or winter snowbirds looking to get away from the cold. The sellers are offering owner financing to qualified buyers with at least a 20% down payment. To view this home call me at…

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Posted: 1 week ago, Comments: 0, Average Rating: Views: 129
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Marc Rasmussen

Marc Rasmussen I am a Realtor with Michael Saunders and Company servicing buyers and sellers in Sarasota, Florida as well as Siesta Key, Lido Key, Longboat Key, Bird Key, Casey Key and Lakewood Ranch. If I can be of assistance please call me at 800-793-7340 or 941-812-6272. Read More

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