Mike Glastonbury's (mcglastonbury9) Blog

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Real Estate Agent - Deep Creek Realty

ARCHIVED BLOG POSTS

2010 

Over the last few weeks I've had several clients lose out on bargain priced bank-owned homes through sheer timidity. I know that everybody loves a bargain! And bargains abound out there. The problem is that some buyers are so obsessed with obtaining the very best price that they are losing out on...
10/18/2010
With the advent of the 'snowbird' season, I thought it might be a good time to explore the options facing these good folk as they wend their way south this winter. Many 'snowbirds' invest in condos, and there are some remarkable bargains around this year! Much has been written about the foreclosu...
10/16/2010
Punta Gorda - Port Charlotte - North Port. It just got a whole lot harder to buy a bank-owned or foreclosure home. With the mess that the banks created - first approving mortgages willy-nilly, and then foreclosing in the same fashion - it seems as if chaos reigns supreme. Investors and savvy buye...
10/08/2010
Punta Gorda FL - Fannie Mae & Freddie Mac (I'll call them Fannie & Freddie in this article) are finally starting to realize that lenders are not doing their job. Between the two of them, Fannie and Freddie own around 55% and 65% of the country's mortgages. Discover how other sellers successfully ...
10/06/2010
September is typically a quite month in our beautiful community of Deep Creek - a suburb of Punta Gorda - Florida. During September there were 18 closed transactions. Single family homes accounted for 13 of these sales and were priced from $82,900 to $315,000. The average sale price was $140,000....
10/05/2010
Do you ever wonder how the wealthy are doing in the real estate downturn? I handle lots of short sales and foreclosures in the Punta Gorda area. Short sales can be something of a mystery to many of my clients - at least when I originally meet them. Too many fall into the trap of not being proacti...
10/04/2010
As I work short sales and foreclosures in the North Port - Punta Gorda - Port Charlotte areas, I am often asked the question; "which is a better deal, a short sale or a foreclosure?" The answer is a very decisive "it depends". It depends on the house and it's circumstance. If there is a beautiful...
10/02/2010