The real estate market in Southwest Florida has gone through some big changes over the last five years.  Property values went from years of steady growth to an absolute mountain of increase which culminated in a market high sometime in late 2005.  Since this high water mark was reached in late 2005, we have seen a powerful retreat in pricing, possibly even more violent than the increases were.  As the prices fall in this dynamic and every changing real estate market place, a few new terms have come to light.  Bank owned, REO, real estate owned, BPO, foreclosure, short Sale, and absolute auctions are some of the new real estate buzzwords of today.
PROGRAM Realty, being a small and aggressive company, has decided to change with the times and welcome these new sales tools.   We offer programs for buyers and sellers to be able to take advantage of the current situation.

For Buyers:

PROGRAM Realty offers help in finding foreclosures, short sales, auctions, and bank owned properties (Sometimes referred as REO or Real Estate Owned.)  We know through experience how to negotiate directly with banks and mortgage companies to get our clients the absolute best deals possible.  We can get these types of transactions to close in a matter of days instead of months like many in the business would have you believe.  The truth of the matter is that many people are scared of what they don’t understand.  We understand short sales.  We understand foreclosures.  Don’t be scared; let us show you the way to a great deal.

For Sellers:

For clients that find themselves the victim of a poor market or predatory lender, we can offer a reprieve to avoid foreclosure.  We will help you negotiate with your lender to structure what has become known as a short sale.  Short sales are when a home is sold for an amount that is less than the mortgage payoff.  In many cases the bank involved will just write the shortage off instead of going through the costly process of foreclosure.  This short sale allows our clients to escape the situation that they are in and still not have a foreclosure on their credit report.
For banks, we offer full management programs to clear out your foreclosure inventory in a timely manner.  We can offer exposure for you properties like no other brokerage in Southwest Florida.

Times are changing and in order to survive real estate brokerages must adapt.  Please give us a call to find out what we can do for you today.  941-740-8000