Apollo Beach Category

Complete Rehab of Apollo Beach FL Home Under $100K!

The market has started to heat up even further for foreclosures in the last 30 days.  And why not?  Foreclosures, also known as bank owned property, offer all price values of homes in all kinds of conditions.  Diamond Dwellings in East Hillsborough County covering Brandon, Valrico, Riverview, Apollo Beach and surrounding communities such as Lithia has started to rate our reviewed foreclosure discoveries in three categories as follows:

Gem Dwellings:  Houses in this category are either in move in condition or close to it.  Most likely the buyer will choose to do some interior painting and carpet cleaning, but other than that or some small alterations by preference, these properties are ready for a new resident.

Diamond Dwellings in the Rough:  These homes are rated as a good buy based on area comparables, but will require some minor to major repairs.  Examples of minor may be some dry wall repair, medium expense could be a new air conditioner and major expense could be a new roof.  Some buyers would walk away from these houses, but others would have the vision to repair or update the home with a rehab loan such as the FHA rehab loan.

The final category would be Lump of Coal Dwellings:  These homes are still worth considering, but would require careful consideration and due diligence.  They are distressed homes that would likely require a buyer that knows what they are getting into and would work with our agents to negotiate a greatly discounted price in order to bring this property into occupancy status.  These homes would likely be of more interest to our investor or contractor clients.  They will require some major re-construction of the property.

We are introducing our home review with a home in Apollo Beach, Florida.  Apollo beach is located southeast of Tampa and only a few miles southwest of Riverview.  This home is a little more than 1300 square feet and is a 3 bedroom 2 bathroom home located close to many water activities that include a beach, boat ramps and marinas.

Please take a look at this 6 minute video of this foreclosed property:

This property now has a pending contract effective 4/5/2009

If you would like to take a look at this property please give me a call at 813-653-1241.

Rick Frissell -  Diamond Dwellings Realty.

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Twitter as an Investment?

Those of you that are enamored with Twitter and those of you who like a good stock investment tip every once in awhile, take note.

On paper, it seemed like a match made in heaven: A partnership between social networking giant Facebook, in whom Microsoft (MSFT) owns a 1.6% stake, and micro blogging platform Twitter was in the works. Then Evan Williams took over as Twitter’s chief executive in October 2008, and tempting as it was, rebuffed a $500 million offer from Facebook founder Mark Zuckerberg.

Williams had his reasons. The brains behind an earlier web 2.0 darling called Blogger — which allows average Joes to share at will and was sold to Google (GOOG) in 2003. Williams stated that he didn’t think Twitter was ready to be bought out, too much unfinished business.

Twitter and or Facebook may bare watching as an investment; no doubt some big fish, i.e. Microsoft or Google and other huge web related companies are circling. I have always been a believer in investing in companies that produce goods or services that the investor is familiar in. Many of us on ActiveRain are becoming more and more familiar with Twitter and can attest to its potential value, not only as a social networking tool and a micro blogging platform, but also as a potential investment.

Dave Tipton, Broker- Diamond Dwellings Realty

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Is your Brandon Area home getting ready to expire in the MLS?

If your home has been listed in the MLS, and it is getting ready to expire, I would like to make a few suggestions…

  • Get a new agent… May I suggest me…
  • Set up the new listing to begin the day after the current listing expires…
  • Go on a nice vacation for a few days…
  • Don’t forward your home phone to your cell phone… and you might consider NOT sending it to voice mail…

Why you ask?

Because it is going to get ugly. Read the rest of this entry »

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Apollo Beach, FL Best Condo/Town Home Buys

Diamond Dwellings Best Buys

There are currently 29 condos and town homes for sale in the Apollo Beach Area between $70,000. And $700,000. Some are foreclosures, and some are regular condos for sale. We have done the research for you to identify what Diamond Dwellings Realty believes are three of the Best Buys currently on the market in this area.

The criteria we used were cost per sq. ft. of living area (heated/AC), condition, amenities and neighborhood. None of these homes are short sales, just bargains. If you don’t see any that interest you, please give us a call. We will be happy to do an MLS search with your exact wants and needs.

MLS# T2332648, Apollo Beach, List Price: $189,900, $80.81 Per Sq Ft

3 BR 2/1 Bath Sq Ft Heated: 2,350 Built: 2005- Townhouse This 3/2.5 with 2 car garage townhome is in a gated resort-style community. Amenities include pool, grill area, private elevator and water access to Tampa Bay. This home is in excellent condition and priced below market! Call today! 813-391-6121

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The Devil’s is in the Details: Closing Escrow

The final phase of purchasing a home is called closing escrow or “The   Closing” as real estate agents call it.  The closing has six steps leading to the completion of the process.  All of these steps are important and they are as follows:

STEP #1  Opening the Title Order

An “escrow” or “sales” contract (agreement to purchase) starts the process.

STEP #2  Processing the File

Processing the file is when tax information, loan payoffs, survey if necessary, homeowner/maintenance fees, inspections/reports, and hazard and other insurances as well as legal papers are ordered and title commitments/preliminary reports are reviewed and sent out. Read the rest of this entry »

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