As a homeowner, seller or buyer it is imperative to understand the market around you. The Jim Soda Group is here to help! Please find market statistics for Lakewood Ranch, Manatee and Sarasota Counties. If you’re interested in getting more detail or looking at another micro-area, please don’t hesitate to email info@JimSoda.com or call us at 941.809.7759. To view homes available in your area, visit the Jim Soda Group Web-site. 

If you would like to receive our quarterly newsletters highlighting important market information, please email us at info@jimsoda.com.34202-stats3

 

 

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 In today’s world of short sales and foreclosures there are more and more vacant homes that do not receive the TLC that homes require. While managing funds up front when purchasing a home is important, spend the money when it comes to home inspections! Make sure that your Realtor is providing you with a proven list of inspectors for:
                           1.    General Home Inspections from floor to roof
                           2.    Mold Inspections – this is especially important when a home hasn’t been lived in, A/C not run, etc …
                           3.    Termite Inspections

Also, if any of the utilities have been shut off in the home, have your Realtor ask to have them turned back on for the inspections. It’s worth a try and will eliminate any disappointing surprises!  Having all of these inspections done will run you anywhere from $650 – $850, but could pay off ten-fold in the years to come. The Jim Soda Group sold a home that had been vacant for about a year and had a small amount of water damage in the kitchen; as a precaution we had a mold inspection done and came to find that the mold count in the A/C handler was at a very high level! Had there not been anything visible, there would have been no red flag! We recommend a mold inspection for all of our clients; it’s still always your choice though.

Please don’t hesitate to contact the Jim Soda Group with any questions you have regarding purchasing a short sale of Foreclosure home! 

Email us

Call us at 941-809-7759

Or Visit our Web-site

More and more we are seeing buyers making offers on foreclosure properties. Typically, these properties are sold “as is”, but what does that really mean? It doesn’t have to be a take it or leave it scenario, but it’s important to have someone on your side that knows how to navigate these situations. Most importantly, you AND your Realtor need to understand the fine print!

Typically, when you come to a “verbal” agreement on a foreclosure property the bank will issue their own version of the contract with an extensive amount of legal jargon, time frames and limitations. In between all of this are some things that you need to understand:

  1. What is your time frame for completing and reporting on inspections?
  2. Is it from verbal agreement or executed contract?
  3. Is that in calendar or business days?
  4. What is the process for negotiating repairs? 

  • Note – just because it’s being sold “as is” doesn’t mean that there will be nothing that the bank will resolve. It’s not guaranteed, but sometimes worth a try if there is extensive damage or an underlying issue.

The Jim Soda Group has recently contracted and closed some foreclosure properties and in most situations found ourselves in a position where we had to order and execute inspections prior to a fully executed contract. Save yourself some anguish and decide up front if this is a risk you’re willing to take, knowing that the deal could fall through after you’ve put the money in to inspections.

If you’re currently looking at foreclosure properties and need the assistance of a Real Estate Professional, we’re here to help. You can reach us at 941-809-7759 or  info@jimsoda.com .

 

To Search Homes for Sale in Lakewood Ranch, Sarasota or Bradenton, FL visit Jim Soda’s Web-site.

 

Sarasota, FL –Prudential Corporation and Prudential Palms Realty recently announced Jim Soda and the Jim Soda Group as the TOP Prudential Real Estate producers in Sarasota and Manatee County at a recent ceremony at the Asolo Theater. This year Jim Soda and his team were awarded with the prestigious Chairman’s Circle Platinum honor which is earned exclusively by rating in the top two percent of all Prudential Realtors® Nationwide. Helen Sosso Owner/Broker of Prudential Palms Realty recently presented the award.  Jim Soda was the only agent achieving this level of sales in the greater Sarasota –Bradenton-Lakewood Ranch area for 2008.

 

Prudential Real Estate Awards are presented annually and recognize outstanding listing and sales achievements by Prudential Real Estate Sales Associates. Jim Soda personally thanked team members Donna Soda, Toni and Randy Huartson, Kelly Zoller and Judy Dumas. 

 

Jim began his career in 2002 as Rookie of the Year and since then has held the Chairman’s Circle Honors and Legend Award as well.  “My team goes to work everyday” expressed Jim, “we work hard to achieve these results.”  You can contact Jim or members of his team at www.jimsoda.com or at 941-809-7759.

 

 Join the Green Realtors Alliance of Sarasota for their second annual Green Homes Expo March 27, 2009. The expo with be held at the Chelsea Center (2506 Gulf Gate Drive) from 2-7 PM in Sarasota, FL. Service and Product Exhibitors as well as Industry Experts will be discussing the importance of living in an eco-friendly community and the direct benefits to today’s home owners and home buyers. So whether you are interested in sustainable living, saving money on energy or simply living in a healthier environment at home, the Green Expo promises to educate us on exciting ways to GREEN UP our homes and the community we live in. Exhibitors and discussion topics are as follows:

  Indoor air and water quality

 Green home construction

 Solar products

 Water conservation techniques

 Florida-friendly landscaping

 Green home cleaning products

 Natural pest control

 Energy efficient products

 Energy efficient mortgages

This event will showcase the best GREEN ideas and products available to our community. Come and enjoy this must see event. Please give Jim Soda Group’s Randy Huartson a call at #941.586.9635 if you have any questions.

Here are some bullet points and explanation on how the stimulus package (The American Recovery and Reinvestment Act of 2009) will affect home buyers. President  Obama is expected to sign this bill into law today  in Denver, CO.  An important area of the bill that was reduced was the proposed $15,000 home buyer tax credit.  The credit was cut down from $15,000 to $8,000, but is an improvement over last year’s $7,500 tax credit.  If  you are looking for a house or would like to contact me about the “Stimulus Package” please feel free to give me a call or e-mail me your question.

 Here are some bullet points of the HOME BUYER TAX CREDIT:

  •         Lesser of 10 percent of purchase price of home or $8,000
  •       Applies to purchases after 1/1/09 and before 12/1/09
  •       Primary Residences
  •       Available to individuals making up to $75,000 or $150,000 for joint returns
  •       First Time Home buyer (may not have owned a primary residence in the past 3 years)
  •       No repayment required, unless home is sold within 3 years
  •       Can utilize credit if using state/local bond financing 

Randy Huartson, Helen Sosso (Prudential Palms Broker) and I have recently returned from 2009 Real Estate Connect In New York City. The  7th annual event was actually our first time for the Jim Soda Group. This conference is where the leaders in finance and technology come to discuss change and innovation within the real estate industry. Timely topic-driven panels and practical workshops provided our team with some new tools and techniques we need to take The Jim Soda Group and Prudential Palms Realty to the next level. I concentrated on internet marketing while Randy spent time in the blogger workshops. Helen kept herself busy meeting her many influential contacts within the industry and staying abreast of the changing real estate landscape. Below is the “How to” we covered in NYC:

How to better Market Listings Online

How to get ahead of the competition

How to Build an Effective Website

How to Integrate New Technology into our Business

How to Leverage a Great Database to Build our Business

Please give me a call on how I can help you with your real estate needs. Thank you.