» Short Sales

Short Sale Rotonda $250k

julesroman — Tue, 17 Jan 2012 17:07:21 +0000

Short Sale. Rotonda pool home. tray ceilings in entry, dining & family room. Custom drapes & blinds throughout. Tiled entry, dinette, dining, bath & hall floors, while Guest BdRms have wood flooring. Pillars in entry, dining & breakfast rooms, lanai & pool. Manablock plumbing. A/C & carpeting in garage. Custom cabinets in kitchen. Custom light wood cabinets. Carpets adorn the Mstr, & Family rooms. Beautiful easy care Florida landscaping w/ many various Palms & shrubs. Electric lighting for exterior plant beds, waterfall for pool. Pavers on deck. Storage closet & bath off pool/patio.

Click for Details, Photos, and Virtual Tour: Boundary

Venice Short Sale Nice house

julesroman — Mon, 23 Jan 2012 21:01:11 +0000

Short Sale. Built in 2002, this 3 bedroom, 2 bathroom, 1.5 car garage home is constructed of concrete block with a stucco exterior. The location is easy to describe and find. Also, it`s only a short bicycle ride or five minute drive to beautiful Manasota Beach. Convenient, central location to shopping, restaurants, etc. and even close to the bus line. This home has a split floor plan, vaulted ceiling, tile throughout except carpet in the bedrooms, and a lanai with a hard roof and tiled floor. The back yard is completely fenced- perfect for your pets or just privacy. Mature landscaping. Brokered And Advertised By: TARPON COAST REALTY, INC.… Listing Agent: RICHARD FRIZZELL

Click for details Clemson

Jules Roman, Broker /Owner

julesroman — Tue, 24 Nov 2009 20:42:50 +0000

Jules Roman has an MBA from the University of Michigan and has vast real estate expertise in Florida’s West coast real estate market. Currently, Jules is the Broker and Owner of Tarpon Coast Realty and COO of a private equity fund focused on residential real estate. Real estate investing is a tricky business full of pitfalls for the novice investor. Jules has the personal experience to guide you through this challenging landscape. With more than Thirty agents and five offices in Tampa, Sarasota, Venice, Englewood and Boca Grande, Tarpon Coast is a full-service real estate brokerage specializing in high-end luxury homes and condos, Our short-sale divisions specializes in pre-foreclosure properties and bank negotiation. Call Tarpon Coast Realty today to discuss any of your real estate needs.

Background

Historically, the foreclosure marketplace was focused on distressed homeowners with equity. Nationwide, homeowner equity has evaporated and equity must be created through bank negotiations. The short-sale phenomenon offers a unique opportunity to capture a property for months while negotiations take place and months to determine true market value. In the case of a short sale, we are able to use the time during a short sale negotiation to find and secure an end user and exit strategy.

Overview

Longer term short sale and lease back offer solutions for homeowners that loan modifications cannot meet. Homeowners who purchased homes in 2005, 06, or 07 are very upside down and the only option for them is a short-sale and lease-back. We can purchase these properties for as little as 30% of the note value and lease it back to the client with the ability to buy it back at a 50% premium to today’s short sale purchase price. This is a Win-Win for all parties. We are currently negotiating over 100 short sales.

Experience

Jules Roman is currently the Owner / Broker of several real estate brokerages; Tarpon Coast Realty, Fiddler’s Green Realty, and Yorkshire Realty. With hundreds of closed transactions, Mr. Roman has the knowledge and experience required to reliably create value for private equity fund.

Fiddler’s Green Realty (FG Rentals) is primarily a property management company; www.FGRentals.com currently manages well over 100 properties in SW Florida both Seasonal and Annual. Mr. Roman is first an investor himself. He has owned and operated a portfolio of 28 rental properties for more than 5 years. He is also the developer of the McCall Professional Center, a 28,000 sqft commercial development in Englewood, FL. Mr. Roman holds both a degree in Mechanical Engineering and an MBA from the University of Michigan. He credits much of his success to his ability to apply his business acumen to Florida real estate industry.
Jules is also the Scoutmaster of the local boy scout troop.

Blogs: http://shortsale2011.wordpress.com Jules Roman Comments on the Short sale market here and at http://shortsale2011.blogspot.com

Jules Roman
Owner / Broker
Tarpon Coast Realty
Boca Grande, Fl
941-964-0000 x 101

941-735-4974 cell
Jules@TarponCoastRealty.com

Short sale Luxury Condo waterfront at Hacienda $285k

julesroman — Tue, 17 Jan 2012 16:39:28 +0000

Short sale – third party approval required listing price may not be sufficent to
cover all leins and encumberances Like new unit on the intercoastal waterway
next to a marina. 2 large pools and a big jacuzzi with an outside community
center for entertaining. It doesen’t get any better than this.

3-2 “BANK APPROVED at $118,000″ golf course home in Sarasota – SHORT SALE

ericbev — Tue, 23 Feb 2010 13:34:06 +0000

Short sale opportunity for nice 3 bedroom, 2 bath home in nice neighborhood on 6th hole of SaraBay Golf Club

[contact-form-7]

Manasota Key Penthouse

julesroman — Wed, 13 Jan 2010 15:26:44 +0000

2245 N BEACH RD UNIT 403

spectacular views

SHORT SALE. FIRST CLASS CONDO, SECLUDED PENTHOUSE WITH VIEWS OF BOTH THE GULF OF MEXICO AND LEMON BAY. BREAKFAST BAR, EXPANSIVE WINDOWS, 10 FT TRAY CEILINGS AND CROWN MOLDING THROUGHOUT. THIS CONDO COMPLEX IS HIGHLIGHTED WITH BEAUTIFUL AMENITIES SUCH AS HEATED POOL, SPA, BOAT DOCK, WORKOUT ROOM, GATED ENTRY, PRIVATE OWNER 2 CAR GARAGE WITH STORAGE.

$375.000

Waterside Condo 3/2 Bank Approved Short Sale

julesroman — Tue, 05 Jan 2010 22:03:36 +0000

$123,900 Bank Approved Short Sale! 3 bedroom condo on lower level. Screened lanai overlooks lake plus side view of clubhouse/pool area. 10 x 13 kitchen provides granite countertops. Curved entries, tile, and formal dining included. Sound proof interior walls. Gated community and a short walk to the pool and spa. This is a bank approved SHORT SALE. Listing price will cover all liens and encumberances, 3rd party approval required.

Granite CountertopsLuxury AmenitiesLuxury Amenities

Luxury Amenities

Bank approved short sale

Rotonda West FL

Fed housing program encourages short sales

julesroman — Wed, 02 Dec 2009 02:40:43 +0000

WASHINGTON – Dec. 1, 2009 – The Obama Administration, through the Treasury Department, announced new housing guidelines yesterday. While a series of announcements highlighted different programs, the National Association of Realtors (NAR) focused on changes that will make it easier for real estate associates to deal with short sales and “deeds in lieu of foreclosure.”

The program’s official name is the Home Affordable Foreclosure Alternatives Program (HAFA), and it’s part of an existing initiative, the Home Affordable Modification Program (HAMP). HAFA applies to loans not owned or guaranteed by Fannie Mae or Freddie Mac, which cover over half of all U.S. mortgages; however, Fannie and Freddie will issue their own versions of HAFA in coming weeks.

While HAFA’s goal is simple – increase the number of short sales and “deeds in lieu of foreclosure” by simplifying the process – the rules are complex, and it comes with 43 pages of guidelines and forms. Among other things, HAFA:

• Allows borrowers to receive pre-approved short sales terms before listing the property (including the minimum acceptable net proceeds).

• Prohibits servicers from requiring a reduction in the real estate commission agreed upon in the listing agreement (up to 6 percent).

• Requires borrowers to be fully released from future liability for the first mortgage debt (no cash contribution, promissory note, or deficiency judgment is allowed.)

• Provides financial incentives: $1,500 for borrower relocation assistance; $1,000 for servicers to cover administrative and processing costs; and up to $1,000 for investors.

The program does not take effect until April 5, 2010, but servicers may implement it before then if they meet certain requirements. The program sunsets on Dec. 31, 2012.

For more information, read the Nov. 30 HAMP news release: https://www.hmpadmin.com/portal/docs/news/hampupdate113009.pdf

To read the complete 43-page short sale guidelines, go to: https://www.hmpadmin.com/portal/docs/hamp_servicer/sd0909.pdf