Fannie Mae Gulf Access

Florida Future Realty and Fannie Mae homes around Cape Coral Florida

* Update as of Jan 2014: With the conversion from Rapattoni to Matrix it appears our ‘attached documents’ are not being shown. If you have access, please check rapattoni for the documents. Otherwise, you will find everything you need below or you can go to for instructions as well. *


Real estate agents in and around Cape Coral and Fort Myers Florida, we appreciate your help in selling our Fannie Mae listings. We want to make the process as easy as possible for you & your buyers so we’ve created this page to assist you with the process. Fannie Mae requires certain forms and information to purchase their listings. Below you will find the necessary forms and details to assist you with your Fannie Mae offer.


Offer Negotiation & getting in touch with us

Fannie Mae, through the website has loads of information to assist you with your offer and closing as well. But we know that the first couple offers you put in may seem a little challenging at first. We want you and your buyers to have an easy time with the process and encourage you to call or email our office for assistance you cannot find through our site, mls or through fannie mae’s information. Typically speaking an email or text gets a faster response than leaving a voice message but please if you call and reach our voicemail leave a message and wait for a call back. We do return all calls promptly but sometimes we are on the other lines or with a customer. When you keep calling multiple times in a row it creates more work for our staff and agents. Your time is very important and we realize you are eager for status information but please allow us a reasonable timeframe to get back with you.


Property Status, Is it still available? What about the first look period? Are you still accepting offers?

You’ll find that 99.9% of the status’s are going to be correct in the MLS but once in a great while you may see an incorrect status prior to us being able to make the change. This can happen because we are negotiating in and also through our communication system with Fannie Mae and then updating the MLS once we have a status change. Every once in a while you could find the information incorrect on as well but we strive to keep everything correct. You can see the 15 day first look countdown on It may not be identical to days on market in the MLS. This could be for many different reasons but the typical reason is if it went off the market with an offer and then back on (Fannie Mae requires 15 days ON the market total prior to taking investor or second home buyers offers).


Fannie Mae Addendum and other Forms

Below is a list of documents commonly used when presenting an offer to Fannie Mae. Fannie Mae is very strict on having the contract & addendum filled out correctly. This includes proper information & signatures & initials where required. Our ‘how to’ form goes over it all but if you need any extra help let us know.

Fannie Mae Addendum to the Contract required on ALL offers – must be filled out completely properly (verify you are using the most recent version by checking on

FAR/BAR As-Is Contract for Sale & Purchase – required on ALL offers – must be filled out completely & properly (always use the most recent version)

Owner Occupied Certification – required on ALL offers involving an Owner Occupant (end user/primary resident) – buyer & agents must sign

Fannie Mae CoverSheet – while this isn’t required, it helps us immensely in creating the final draft for all parties to have correct information

Proof of funds or Pre-approval letter – required with ALL ACCEPTED offers (and can help with initial offer getting accepted as well) (you get this information from your buyer or their bank or lender) If buyer is financing we need at minimum the following to be able to submit their offer: Mortgage/Bank/Lender Co name, person handling file’s name, phone #, email address, type of loan, % or amount putting down, % rate of loan.

Lead Based Paint Disclosure – required with ALL offers on properties built 1978 & prior

How To Submit an offer & instructions for agents to make sure their offer is put together correctly (official

How to Submit an Offer – for agents to make sure their offer is put together correctly (created by Florida Future Realty to help)

How to Submit an Offer for Customers – for agents to give to buyers to help them when they are not in front of an agent when completing the offer & other forms

Homepath Resources – links to resources to assist you with your offer


I put in an offer, when will I hear back?

This question cannot be answered with a simple answer. If there are no other offers in and your offer was put together 100% correct in most cases you’ll hear back within 48 business hours. However if there are multiple offers you will go into a ‘multiple offers / highest & best’ period. If your offer isn’t the one Fannie Mae decides to counter first you may not hear for several days to a couple of weeks. This is typically because Fannie Mae is countering back and forth with another offer. That is usually good news for your buyer as another offer hasn’t been accepted yet. Keep in mind you can also change or rescind your offer at anytime until acceptance. Should you be the offer to be countered first keep in mind that Fannie Mae could have 1 or several other offers sitting there so if you really want the house you need to think about putting your best offer forward or they can move on to the next offer.


Why do I keep missing out on all the good deals??

Feel like you keep missing out on the good deals? We send out a Coming Soon email with our assigned properties prior to the actual listing going live. This can give you a head’s up to be prepared for a great property coming on the market. You can also set up a search on and set it to automatically send you ‘coming soon’ properties as well from any listing agent. Keep in mind that coming soon may mean tomorrow and it may mean 2 weeks.

Anything you think we missed here? Let us know and we’ll add it!


Our office recently moved and we are now located in Central Cape Coral at 804 Nicholas Pkwy E, Suite 3, Cape Coral, FL 33990. Our number is the same: 239-542-8521 

Yours in Success,

Susan Milner

Florida Future Realty, Inc.

Fannie Mae Listings in Cape Coral

Cape Coral Coming Soon Listings

Be notified first about Cape Coral and Fort Myers Fannie Mae properties BEFORE they are listed. Just enter your email address and make sure you confirm your subscription.

* Listings sent by Susan Milner of Florida Future Realty, Inc. and can include Fannie Mae, other REO listings and even short sales. Weekly email with our most up to date coming soon listings that haven’t been put online/MLS yet. Unsubscribe at anytime. Your info will not be shared, sold or otherwise used without your permission *
Florida Future Realty, Inc.

804 Nicholas Pkwy E, Suite 3

Cape Coral, FL 33990
(239) 542-8521

Fannie Mae Home for sale

Buying a Fannie Mae Property in Cape Coral Florida

As a Fannie Mae listing broker we have access to Fannie Mae properties in Cape Coral and Fort Myers coming on the market, not just the ones already on the market. Want to be in the know as well? Sign up to receive a weekly list of properties ‘coming soon’:

Fannie Mae properties coming soon free Email list

(Agents and Buyers are welcomed to join our list)

Cape Coral and Ft Myers real estate agents, do you have a buyer looking to put in an offer on a Fannie Mae / listing? Get the Fannie Mae forms package and instructions and any other questions you may have answered: Fannie Mae FAQ and Resources


How to Buy a Fannie Mae home in Cape Coral, Florida


Want to buy a Fannie Mae home in Cape Coral?

As a Fannie Mae listing Broker I can assist you with the purchase of a Cape Coral Fannie Mae owned property.


Do I need to obtain my own financing?

Yes, you do. You can use a lender on a qualified Fannie Mae property or you can choose a mortgage broker or banker as well.


I heard that Fannie Mae properties are not in good condition. Is that true? Will Fannie Mae fix them up before closing?

Fannie Mae properties are sold as-is and they will not guarantee the appliances/personal property. Some homes have all of the appliances while others are missing some or all of them. Fannie Mae does do trash outs, cleaning and maintenance on their properties though. We also turn on both the water & electricity when we can to allow for your inspection of said property.


What is the Fannie Mae First Look program all about?

You can learn more about the Fannie Mae First Look Program by visiting but the short version is that it provides a 15 day period to only allow primary residents and those buyers obtaining government assistance to bid in the first 20 days. Once the 15 day period is over it will open up to all buyers.


Do I need to use a special contract to place an offer on a Fannie Mae home?

No, you will use the Florida State As-Is Contract for Sale & Purchase. But you will need to review and sign the Fannie Mae Addendum to Contract which supersedes much of the Contract. You can view this addendum by clicking here: Fannie Mae Addendum


So the properties are sold as-is? Does this mean that I cannot have a home inspection?

Not at all. You can put a home inspection timeframe into your offer. Fannie Mae will not accept a timeframe longer than 10 days. Time does not start until you have an agreed upon sales contract.


Can I place a bid online myself for a Fannie Mae home?

No, you’ll have to use a real estate agent who is registered on the website to place an offer.


Do I need a special Fannie Mae real estate agent to view a Fannie Mae home for sale?

No, Fannie Mae properties are listed by local real estate brokers and they cooperate with all real estate agents that are members in their MLS.


I have a real estate license, can I buy a Fannie Mae house?

Yes, you can put in an offer on a Fannie Mae property if you have a real estate license. This will need to be disclosed and you may or may not be able to also collect a commission on said property.


I’m an agent and have a buyer ready to put in an offer on a Fannie Mae house. What do I need to do? 

We created a “How To Submit a Fannie Mae Offer” document just for you. Should you have any other questions feel free to call our office at (239) 542-8521 or email us at!

Here is a video to walk you through the documents you’ll need:

Cape Coral house

Cape Coral Featured Listings

Cape Coral houseCape Coral real estate brokerage, Florida Future Realty Inc, welcomes you to our site. We have a wide variety of homes and land available from waterfront pool homes to vacant land in Cape Coral. Check back often to see what we have added to our home inventory or just sign up for email updates and receive any new Cape Coral real estate listings that meet your criteria via email.


Our real estate listings are easily viewed all over the internet for maximum exposure. We use unique marketing techniques as well to draw attention to the listings we represent so they’ll stand out against the competition. Your house could be featured here as well. To add your home to this page please call 239-542-8521 for your no obligation listing presentation and Comparable Market Analysis. Click Here to fill out our contact us form. See a sneak peek at  Florida Future Realty’s  Marketing Plan. For full details pick up the phone and make your appointment today. We look forward to hearing from you about selling your Cape Coral property.

Florida Future Realty Inc
1222 SE 47th Street
Cape Coral Fl 33904



Unless otherwise noted all content is copyright Florida Future Realty, Inc. and my not be used without express written permission.

Golf Course Homes For Sale

Cape Coral Golf Courses

Royal Tee Golf Course
Royal Tee golf course is the largest semi private course in the SW Florida region. 27 Championship holes intertwined between the Cape Royal residences. The course has wonderful nature views of the wetlands, 50 acres of lakes, and an abundance of wildlife. Each home in the community is backed up to the golf course with lake views. Take a look at the homes for sale in Cape Royal Community.

Cape Royal Golf Course

Coral Oaks Golf Course
Coral Oaks Golf Course is a 18 hole championship golf course in the heart of Cape Coral. Boasting one of the largest practice facilities in the area to get you warmed up for the afternoon rounds. With 8 lakes throughout the property you are sure to see some Florida wildlife during your game. Surrounding the outer edges of the course you will find some of the most desirable homes in the county

Coral Oaks Golf Course

Palmetto Pines Golf Course
Palmetto Pines Golf Course and Country Club is centered in Cape Coral Florida with beautiful landscaping and huge shade trees. This year round golf course provides plenty of shade for those hot summer days. An 18 hole course that is affordable for all budgets. The surrounding homes are astonishing with green views large shade trees lining the property. Check out the wide selection of homes available in the area. Wouldn’t you like to ride your cart straight from the garage to the course any day of the week.


Have a Golf Course home you would like to sell?  Contact one of our agents today for a consultation and free market report.
Florida Future Realty Inc
Cape Coral Fl 33904


Foreclosure Purchasing Guide for Cape Coral Florida

What is a REO or Foreclosure Property?
A foreclosure is a property that has been repossessed by the bank, lending institution, or investor also known as a REO (Real Estate Owned). Foreclosure by definition is “A legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payment to the lender by forcing the sale of the asset used as the collateral for the loan”. Florida Future Realty in Cape Coral provides home buyers with a REO specialist that is highly trained in the process of negotiating with the lenders to get the best price.

How Do I Get Started?
The first steps in buying a home in Cape Coral are critical to successfully purchasing your next home. Below are a few tips to get started.

Before even considering looking at a home in person you need to contact a qualified lender for a consultation. This will save you time and money!


  • A Pre-Qualification letter will let you know the estimated amount of home you can obtain financing for.
  •  A Pre-Approval letter will allow you to pin point a dollar amount you are qualified for. Also when you submit an offer the seller will see you are a more serious candidate and is less likely to cause financing delays.


  • Finding an agent that is qualified to assist you in your pursuit for a REO property is simple. Pick up the phone and interview potential agents in the Cape Coral area with the following questions.
  1. Are you familiar with distressed property sales and transactions?
  2. Have you successfully closed many REO or short sale transactions?
  3. Do you have any formal training for distressed property sales?
  4. Are you a licensed REALTOR®?

A great place to start is by calling 239-542-8521 or stopping by Florida Future Realty at 2816 Del Prado Blvd s#1 Cape Coral Fl, 33904.



Your real estate agent should be able to assist you in this part of the process. Be as honest and forthcoming as possible so they can narrow down the search for you.

  • Ask the agent to email you properties coming onto the market daily.
  • Search online via the agents website for potential deals
  • Keep an eye out for yard signs and write down the address for your agent

Search Foreclosures Here


After viewing all of the potential homes in Cape Coral, you and your agent need to sit down and discuss what you are thinking in terms of price. Your agent should give you comparable properties sold in the past few months to help you gauge what the property is worth and how much you should offer. Be sure and list all the items you see wrong with the property and consider them when deciding on a price. No one can tell you what to offer other than yourself.

Important to have these items ready when you sit down to make the offer:

  • Your pre-qualification letter or proof of funds
  • Check book for an escrow deposit
  • A list of any stipulations you want in the contract.
  • Be prepared to negotiate there may be multiple offers on a home listed below market value.
  • Be patient

Florida Future Realty Inc will be happy to assist you with your real estate needs. We have agents certified in multiple areas of the market ready to help. Call us at 239-542-8521 or email

Download your free copy today!             Download your free Buyers guideForeclosure Purchasing Guide for Cape Coral Florida




Is Your Agent Still Using A Yard Sign and Newspaper to Sell Your Home?

SoldTake good pictures for your listings

In today’s competitive market inventory is high and good buyers are few and far between. As a seller you must be able to reach as many potential Cape Coral buyers in the shortest amount of time to be able to compete with all these foreclosures and short sales. Yard signs and newspapers just do not do it anymore. With a yard sign you may get that lucky buyer driving by. You may also have an ad in the Sunday newspaper where a reader happens to see your tiny ad in a 200 page newspaper with no pictures and hope for the best.

The simple advertising strategies in Cape Coral and surrounding areas no longer work but there is an easy solution, “the internet”. The internet provides us with some of the most valuable tools available to ANYONE in the real estate industry. Exposure of your home for sale instantly to 6 billion plus people. We have the knowledge and experience to properly market your Cape Coral real estate listing across the internet for maximum exposure.

It all starts with the PICTURES of your home. You can have the most beautiful home with gorgeous views, swimming pool, granite counter tops, customs closets, and marble floors but without GREAT pictures you are just another house for sale. The pictures of your home should be focused on the main selling points such as kitchen, master bath, master bedroom, and spacious living room. They must be well lit and taken with a high megapixel camera. Be picky with your photos and do not be afraid to ask your agent to change out the ones you do not like. This is your first impression to the world, make it a good one. We live in Florida with sunshine 350 days a year so there are no excuses for dark boring pictures.

Next you will have your home entered into the Fort Myers or Cape Coral MLS (Multiple Listing Service) with a well thought out description featuring just enough to intrigue a potential buyer into seeing the property or calling to ask for more information. Too much information gives the buyer no reason to call. The MLS will provide your listing exposure to all of the other real estate agents and their buyers in the area. Next is one of the most important tools that we have available, a great “syndication” program. The syndication will send out your home listing to 100’s of nationally recognized websites with millions of viewers each day. (See why the pictures are so important?). Maybe you have heard of a few, Realtor, Zillow, Trulia, Facebook, Twitter, Google, Yahoo, Bing, Homegain, Craigslist, Homes, New York Times, and hundreds more. The goal is to be on EVERY SINGLE website that buyers would search for Cape Coral homes.

Now that you are on every website we can think of, you need to have great call to actions in your listing to entice the buyers to click for more information. “If you build it they will come” does not apply to real estate listings in Southwest Florida any longer. Virtual tours, E-flyers, printable flyers, share buttons and sign up forms, are a few helpful tools that lead buyers into making the next move, CONTACTING the agent! These interactive tools are critical to the success of the marketing campaign for your Cape Coral house.

Here at Florida Future Realty Inc, we have developed a wide variety of online tools made available to all of our agents which helps accomplish this massive worldwide exposure campaign. Our highly trained web developers and agents will custom build you a single page website like THIS ONE with a maximum rate of buyer lead capture. A wonderful virtual tour that will create even more interest than your pictures and has proven to increase visitors by 20%. The first week your home is listed you will want to let everyone you know that it is for sale, send them a custom made JUST LISTED eflyer via email, share it on your Facebook wall and have us share it on Facebook and Twitter with our 1000’s of followers. Have a smartphone with a QR reader? Then scan the barcode below and see what happens.


This will bring up and save your home listing on anyone’s IPHONE or ANDROID phone. These QR codes will be placed on almost every piece of advertising across the internet we do.

Contact Us


As if you wouldn’t have enough exposure with everything we have listed above give us a call for a COMPLETE       marketing plan explaining how we will sell your home in a reasonable amount of time at the highest price the market will allow. Our number is 239-542-8521 and there is an agent available Monday thru Friday 9:00 am till 5:00 pm. or
Email us at


See how we are different than the rest with the most aggressive Marketing plan in the United States.




National Open House Weekend April 28th and 29th

Realtor® Nationwide Open House Weekend Brings Buyers and Sellers Together


            Cape Coral Florida 4/5/2012 – With plentiful inventory and record breaking housing affordability conditions, Realtors® expect this year’s spring home buying season to be a busy one. To kick off the season, Realtors® from coast to coast will host thousands of open houses as part of the Realtor® Nationwide Open House Weekend. On April 28 and 29 Realtors® in Cape Coral will hold open houses all weekend long, bringing buyers and sellers together.

            This nationwide event offers buyers the chance to visit some of the many homes in their local area while learning more about homeownership, Open houses are also an opportunity for Realtors® to connect with consumers in their communities about the housing issues that matter most to them. 

            Realtors® from Florida Future Realty will be available at open houses to answer consumer questions about the home buying process and local market conditions. Sign up via the link below for a list of all the Realtor®  or look for the blue Balloons with the big R and stop in between April 28th and 29th. Feel free to call and speak with an agent today at 239-542-8521

            While the housing market continues to recover, it’s showing signs of improvement and for many, homeownership remains an important part of the American Dream. According to research from the National Association of Realtors®, more renters than ever aspire to become homeowners and an overwhelming majority of Americans believe buying a home is a solid financial decision.  

            Homeownership matters to individuals, families, communities and our nation’s economy. The housing market plays a vital role in both the long- and short-term health of this country. Homeownership is not just an investment in your future; it’s an investment in the future of generations to come.”


            Earlier this year NAR reported housing affordability conditions reached the highest level since recordkeeping began in 1970. The housing affordability index is based on the relationship between the median home price, median family income and the average mortgage interest rate. The index reached 206.1 in January, the first time the index broke the two hundred mark. The higher the index, the greater the household purchasing power. This means the typical family has roughly double the income needed to purchase a median-priced home.   

Realtors® believe that anyone who is able and willing to assume the responsibilities of owning a home should have the opportunity to pursue that dream,  Realtors® know what matters most to buyers and sellers in this area and have the expertise and knowledge to help you achieve the dream of homeownership.”

            For more information contact us at 239-542-8521 or click the link below and get your list of open houses to visit.

Florida Future Realty is a member of The National Association of Realtors® , Florida Association of Realtors®, and Realtor®  Association of Greater Fort Myers and the Beaches inc.

Search All Homes For Sale
Florida Future Realty Inc.

13121 Whitehaven Ln #171, Fort Myers, Florida

13121 Whitehaven Ln Fort Myers Fl 33996
This is a Short Sale subject to existing lender’s approval which could result in delays. Pre-approved short sale through seller’s lender – price already approved too. We close many short sales each and every month. This is a beautiful 3/2 town home located in South Ft. Myers. It’s located near everything you need. All appliances are included. Bring us an offer today!
View the Virtual Tour for 13121 Whitehaven Ln #171, Fort Myers, Florida
Schedule a Showing
Search All Homes For Sale
Avoid Foreclosure
What is your home worth?
Free List of Foreclosed Homes For Sale
Susan Milner
Florida Future Realty Inc.
MLS#: 201121237
Licensed In:
L2L Virtual Tours

8850 Spring Mountain Way, Fort Myers , Florida

8850 Spring Mountain Way Fort Myers, Fl 33908

WOW! One of the lowest priced homes in Laguna Lakes. This in not a SHORT SALE or FORECLOSURE. The owners have spared no expense. Solid surface counter tops, stainless steel appliances,upgraded cabinets,beautiful fixtures,newer carpet, new paint, the list goes on. This lovely home has a spacious floor plan complete with a lake view. Have your toes in the sand in no time; close to Sanibel, Captiva and Fort Myers Beach. Don’t forget about the great amenities Laguna Lakes has to offer. Recreation center with indoor racquet ball court, fitness center, and a meeting room. No need to fight the beach traffic; Laguna Lakes also has it own resort like area, enjoy the tropical landscaped beach complete with a fishing pier, tennis court,volleyball court,swimming pool, spa, and children’s play area. Call your agent now for a tour of this amazing home.

View the Virtual Tour for 8850 Spring Mountain Way, Fort Myers , Florida
Schedule a Showing
Search All Homes For Sale
Free List of Foreclosed Homes For Sale
Avoid Foreclosure
What is your home worth?
Ft.Myers Homes for Sale
Susan Milner
Florida Future Realty Inc.
MLS#: 201211898
Licensed In:
L2L Virtual Tours

12691 Buttonwood Pl, Bonita Springs, Florida

Schedule a Showing/Request Info
Search All Homes For Sale
Avoid Foreclosure
What is your home worth?
Free List of Foreclosed Homes For Sale
Susan Milner
Florida Future Realty Inc.
Schedule a Showing!
MLS#: 201142837
Profile Image
Licensed In:
Information valid for the date of this posting only. Please contact us for the most current information and status of this property.
12691 Butonwood Pl
Bonita Springs, Florida
QR Code Scan with your smartphone & take me with you.

Amazing golf course home on largest lot in Hunter’s Ridge.

$ Click for current price
3 BATHROOMS (3 full)
2228 Square Feet

**MOTIVATED SELLER** Amazing golf course home on largest lot in Hunter’s Ridge. Recently remodeled by decorator.This home has space and a very appealing floor plan. Custom faux finishes and window treatments. Gorgeous dark wood shutters. New carpet and new 20 porcelain hi gloss tile. Mother-in-law suite with private entrance,could also be used as a den or media room. Very spacious. Custom cabinets in all bedroom closets in the home. New a/c and pool heater. Home has been well cared for. Too many upgrades to list. This home comes with a fully paid golf membership valued at 26,000. This community has so much to offer. Brand new half circle driveway installed with beautiful pavers great curb appeal..

L2L Property Websites WP

16217 Bowline St Bokeelia Florida

Boaters Delight**OPEN HOUSE 3-10-12**

Spacious 4 bed 2.5 bath home with Direct Gulf Access located in a great neighborhood.  This sunny custom home has newly updated bathrooms, gleaming hardwood flooring throughout, french doors that open up to a 3 season porch and large deck overlooking the canal.  Under the large deck there is a boathouse with water/electricity, along with a wooden deck and boat lift and 2 large garage storage areas to store all your tools and hobby equipment.   The master bedroom is quite spacious, offering his/her custom closets and a nice updated master bathroom.  This is not a short sale or a foreclosure.  Make your appointment today!  Motivated Seller.

View the Virtual Tour for 16217 Bowline St ** OPEN HOUSE 10 TO 2 SATURDAY MARCH 10TH, Bokeelia, FL
Schedule a Showing
CAPE CORAL Homes for Sale
FORT MYERS Homes for Sale
Susan Milner
Future Florida Realty Inc.
MLS#: 201147821
Licensed In:
L2L Virtual Tours

4241 Pine Island Rd NW Matlacha, Fl 33993

Matlacha on The Bay, private pool with long pier out into the bay

Waterfront Haven featuring a private beach, long pier out to your very own boat lift, and a wrap around deck/dock. Float in the Pool while watching the dolphin jump in the bay. This property is a must see! Pictures do not do it justice!!! 2 Master Suites with full bath, spacious screen enclosure with panoramic view. Property is surrounded by a 6 ft privacy fence and tropical landscaping on one of the biggest lots in town, did i mention parking for 4? Make sure to watch the virtual tour

View the Virtual Tour for 4241 Pine Island, Matlacha, Florida
Schedule a Showing
Cape Coral Homes for Sale
Ft.Myers Homes for Sale
Pine Island Homes for Sale
Avoid Foreclosure
What is your home worth?
Susan Milner
Future Florida Realty Inc.
MLS#: 201201528
Licensed In:
L2L Virtual Tours

Condo or single family home?

Many have decided that this is the year to buy a home, but aren’t quite sure if the monthly payments along with sole responsibility of all maintenance costs is quite what you had in mind, a condo seems like a great alternative.  The prices for condos in Cape Coral are so
affordable and the amenities are so appealing that some buyers are seriously considering condos over homes.  No mowing the lawn or replacing the roof, no pool upkeep, and best of all the very great prices in our area, including condos with gulf access.  There are
381 condos actively for sale in Cape Coral, starting at $15,000 all the way up to $4.2 million.  The median price is right at $115,000. 

I am sure the biggest deciding factor is the home owners association (HOA) and the monthly fees associated with condo living.  A home owners association is a group of local residents that work together to amend and enforce condo rules and maintain the community.  They
often plan community functions, and take care of the communal spaces.  Owners are required to pay a portion of these expenses charged monthly, quarterly, or annually.

Owning a condo is quite different then a home in the respect that in a condo you own only the interior of the unit.  The common areas are shared by all residents.  Many times the HOA fees cover Lawn care, exterior maintenance and upkeep, pool maintenance and cleaning, garbage collection, basic cable, exterior pest control, and building amenities.  The HOA fees differ between communities and can include some or all of the mentioned services.  

 It is so important with the current housing market conditions to research the community’s solvency.  See what kind of financial shape they are in, the balance of their capital reserve accounts; inquire about any upcoming or pending special assessments, and all pertinent information to help you make an informed decision.

If we can help you in your search for a condo, or a single family home, we would be happy help.  We have many qualified agents that can walk you through the process.  Please don’t hesitate to call; we look forward to hearing from you.

Yours in Success,

The Florida Future Realty Team