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Cape Coral Lots for Sale: Facts about Financing Every Buyer Must Know

Posted by on Jan 13, 2015 in Info Articles | Comments Off on Cape Coral Lots for Sale: Facts about Financing Every Buyer Must Know

Cape Coral Lots for Sale: Facts about Financing Every Buyer Must Know

Cape Coral Lots for Sale: Facts about Financing that Every Buyer Must Know. When there’s talk of waterfront properties, Florida always rounds out the picture, and as part of the conversation chain reaction, you can’t search for “waterfront real estate in Florida” and not encounter houses for sale in Cape Coral. Still, there are those who want to start from scratch and prefer to buy Cape Coral lots for sale so they will be able to develop the land themselves or bring to life their dream home. If such is the case for you, then you must think about and plan well for financing. Yes, a land and lot loan is something you’ll have to be familiar with and you can begin learning by reading on. Lot and Land: The Significant Differences Though the terms “lot” and “land” are similar, they still have major differences that you need to know. For one, all lots fall under the scope of land, but not all pieces of land can be classified as lots. Basically, lots are properties that are ready for house construction, wherein it has or is close to utilities, such as sewer, gas, electricity, and water. On the other hand, raw land is usually a property that is not yet suitable for building a house and could require more work or preparation. Your choice (between a lot and land for sale) can influence a lender’s decision. In case you do invest in a residential Cape Coral land for sale from established companies like Cape Coral Lots, you ought to know that lenders favor improved property (a lot that’s ready to be built on) over raw land. This is due to the fact that unimproved land is more of a speculative investment. Unless a lender sees great potential and understands that you have immediate plans for improving the property, he’ll most likely reject your loan application, or approve it but you’ll have to prepare for a hefty down payment and high interest rates. Needless to say, as much as possible, people are better of investing in improved lots or land. Facts on Land and Lot Loans At the start of your financing journey, you’ll notice that not too many banks or financial institutions offer land and lot loans, so be prepared to do considerable legwork to find a reliable lender. Take note that some lenders may ask as much as a 50 percent down payment, so you’ll need to be financially set to shell out a huge sum. Finally, several lenders require borrowers to make and sign a statement of intent that they will start constructing on the property before a deadline, and failure to do so could result in the borrower needing to refinance or searching for a new lender. (Source: Land & Lot Loans: The Dirt on Financing Your Property Purchase,...

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Cape Coral Real Estate: Reasons to Live in the Waterfront Wonderland

Posted by on Jan 12, 2015 in Info Articles | Comments Off on Cape Coral Real Estate: Reasons to Live in the Waterfront Wonderland

Cape Coral Real Estate: Reasons to Live in the Waterfront Wonderland

Browsing through Cape Coral real estate for sale? Flicking from one waterfront home to another? There’s no denying that a waterfront property in a popular locale like Cape Coral, Florida is a good investment, but other than the potential growth of the house’s value over time and what it could mean to your finances, you ought to know that life in the so-called “Waterfront Wonderland” may have an even more positive impact on your overall well-being. Water Activities: Paddle, Row, and Swim for Fun Cape Coral is located on the Gulf of Mexico and boasts over 640 km of navigable waterways, making it a city with the most miles of canals in the world. For water-loving individuals, this could mean hours of enjoyable boating and kayaking through lush mangroves. If you invest in a waterfront property from established companies like Cape Coral Lots, going for a nice swim is just a matter of stepping out your door and walking a short distance. Want to take things to the next level? Parasailing, water skiing, and jet skiing can get your heart pumping. Fresh Seafood Daily: Delicious Treats from the Gulf Proximity to the water isn’t only fun and relaxing but quite satiating, what with all the scrumptious, freshly prepared seafood that are readily available in local markets and restaurants. Mouthwatering shrimp, salmon, mussels, clams, and lobster dishes are waiting for you at affordable prices. In fact, studies show that eating seafood at least twice a week is already beneficial to health, wherein seafood is rich in protein, omega-3 fatty acids, vitamins, and minerals. Hobbyist’s Haven: Something to Do for Everyone After you sign the papers for your Cape Coral Florida real estate investment and officially become a resident of the city, you’ll see that there’s never a dull moment in Cape Coral. There are parks, community theaters, and museums for you to get to know the culture. You can hike scenic trails and if you’re into birdwatching, be on the lookout for eagles, herons, ibises, and other amazing birds. Whether you’re a fan of golf or bicycle motocross, Cape Coral has you covered with its seven golf courses and BMX Motocross competitions at the Strausser BMX Sports Complex. Indeed, waterfront living offers the best of both worlds: relaxation and adventure! (Source: What It’s Like to Live in a Waterfront Home,...

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Choosing Cape Coral Waterfront Real Estate Lots for a Dream Retirement

Posted by on Dec 4, 2014 in Info Articles | Comments Off on Choosing Cape Coral Waterfront Real Estate Lots for a Dream Retirement

Choosing Cape Coral Waterfront Real Estate Lots for a Dream Retirement

More than the fun, relaxation, and other wonders they bring to mind, beaches can be great for your body, too. The fine sand, the salty water, the sun, and even the air of the sea are all rich with healthy ingredients or effects. The various physical activities you can do, such as swimming and surfing, also help you keep a trim figure. Jean Sumner, Boomer Living contributor, describes some of the immense benefits you can enjoy by hitting the beach: From a scientific point of view, the minerals in the sea air decrease stress and increase a sense of well being. Salt in water preserves the melatonin, tryptamine and serotonin levels in your brain. This helps with fighting off depression or improving your sense of well being.   Water temperature also plays a major role in your emotional health when swimming in ocean water. Cool ocean water in the spring and fall months provides a soothing treatment for your nerves while warmer waters in the summer months relax your muscles, according to Dr. Connie Hernandez and Dr. Marcel Hernandez of Pacific Naturopathic in Mountain View, California.   Studies indicate that the minerals contained in the ocean’s water help with arthritis, psoriasis and even depression. Other skin diseases such as rosaeca, eczema and rashes from plant allergies or heat are positively affected by the ocean water.   The power of the sea in uplifting one’s mind and body could be one of the reasons for an increasing demand for Cape Coral waterfront real estate lots. Traditionally, beachside properties are only considered as vacation homes, but more and more people are getting interested in permanently living by the beach. Aside from enjoying those health benefits, boomers and seniors include coastal living in their retirement plans for the peace and quiet it can bring. Selecting a Serene Retirement Spot Like any real estate investment, you have key considerations to make in picking the location of your retirement home and the means to secure it. You can work with an experienced broker like Kevin Page from Cape Coral Lots. The expert can help you secure loans for Cape Coral waterfront lands to finance your investment and set your budget. Once the financial matters are sorted out, a broker like Kevin can help you explore your viable options and find the exact area and land specifications (e.g. privacy of the place, proximity to water, available utilities, neighborhood culture, etc.) that can accommodate your dream home or lifestyle. (Source: The Ocean’s Healthy Benefits, Boomer...

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Raw Land vs. Residential Lots for Sale: Which Has More Potential?

Posted by on Dec 3, 2014 in Info Articles | Comments Off on Raw Land vs. Residential Lots for Sale: Which Has More Potential?

Raw Land vs. Residential Lots for Sale: Which Has More Potential?

Everyone is well aware that real estate is one of the most sensible investments one can make. Some may wonder, however, if buying undeveloped land is still considered a wise business decision. The MentalFloss.com staff explains that raw land investment paid off for Walt Disney: But back when Walt Disney was looking for a place to create a larger, roomier version of Anaheim’s Disneyland, Orlando was mostly swampland. So what possessed him to build one of the world’s busiest vacation spots on top of a bog? In a word: Interstates. Where he was going, he needed roads.   He knew he needed to build on the east coast after survey results showed him that a scant two percent of Disneyland visitors traveled from east of the Mississippi. Walt and his associates considered Niagara Falls, but ultimately nixed it because the frigid winters would prevent them from staying open year-round. They decided southeast was the way to go. Of course, it takes a lot of business acumen—not to mention, a lot of foresight and luck—to make sure that buying raw land can work its magic, like it did for Disney. Still, those looking into buying raw land should know that many factors are involved in the purchase. In most cases, buying residential lots for sale has more potential for success because it’s already primed for development, unlike raw land, where property surveys are needed to determine if it’s feasible for home construction. Some people are attracted to buying raw land mostly for financial reasons since it’s cheaper than developed land. Despite the affordability, though, doing so could prove to be a mistake, especially if one signs on the dotted line without evaluating the environmental repercussions of developing the land in the first place. As it may turn out, some raw lands could be part of wetlands or wooded areas that should be preserved for environmental reasons as ordered by local governments. Furthermore, since raw land is undeveloped, it still likely lacks vehicular access to public roads and connections to water and sewer systems. Meanwhile, buying residential land for sale from Cape Coral Lots means people get to purchase land with existing hookups to water and sewer systems. Anyone who invests in real estate hopes that their decision could bring them huge success. These days, when there are plenty of opportunities for real estate investments, one really has to weigh the pros and cons to ensure that they would get their money’s worth. (Source: Why Walt Disney Built a Theme Park on Swampland,...

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Why Buying Empty Cape Coral Lots For Sale Boosts Your Home’s Potential

Posted by on Dec 2, 2014 in Info Articles | Comments Off on Why Buying Empty Cape Coral Lots For Sale Boosts Your Home’s Potential

Why Buying Empty Cape Coral Lots For Sale Boosts Your Home’s Potential

It’s ironic that buying vacant Cape Coral lots for sale somehow requires more spadework than purchasing a pre-existing structure. Demand Media’s Steve Lander writes about how empty lots can become chock-full of investment opportunities, in his article for Global Post: The extra work that you have to put into vacant land to turn it into a livable property is well worth the effort. By buying a piece of vacant land, you get control over where your house will go even if you aren’t ready to build. When you are ready to improve your land, you can improve it in the exact manner you desire, which should give you a better home and save you money. Buy low and sell high An empty lot would definitely cost less than one that isn’t. Forward-thinking buyers select a location they would like to settle or invest in, then buy now while prices are low, direct from owners or through accredited businesses like Cape Coral Lots. This gives them the option to sell later on once the property appreciates, or the opportunity to live there. Just be aware of any zoning rules before you close the deal. Income potential Your new patch of land could actually pay for itself while you hold on to it. Being the landowner, you are entitled to use whatever resources are sitting on your property. For instance, if the lot is wooded and you have no use for the timber, you could sell the rights to harvest it. You could also lease the land to farmers for planting, if it doesn’t violate any zoning or homeowner association rules. Once you’re ready to build on the property, the lease can be cancelled. Best positioning Owners who choose to settle down on lots for sale in Cape Coral have the luxury of building their home exactly the way they want it, instead of spending money to remodel an existing home. They’ll be able to choose the best position for certain rooms in relation to the sunlight and ocean conditions. It’s definitely more work than remodeling, but it’ll all be worth it once you’re all settled in a house that suits your needs to perfection. (Source: “The Advantages of Buying Vacant Land”, The Legal...

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Cape Coral Real Estate: Take Advantage of the Sweet Waterfront Prices

Posted by on Dec 1, 2014 in Industry News | Comments Off on Cape Coral Real Estate: Take Advantage of the Sweet Waterfront Prices

Cape Coral Real Estate: Take Advantage of the Sweet Waterfront Prices

A glut of waterfront properties with low prices may encourage you to buy a new place in an area where space might run out fast soon. Lisa Greenberg of FOX4 reports: Cape Coral Residents living on the water pay less of a premium compared to waterfront homeowners in other big cities, according to a recent study.   This means the difference in price between a non-waterfront home and a home on the water in Cape Coral is much less than in other areas, like Fort Myers, Naples, and Tampa.   If you’re in the hunt for a waterfront home, you should set your sights on Cape Coral.   This is hot news for people wanting to settle in Cape Coral. The Lee County city thrives on water-based lifestyles and a vibrant cultural scene. Some people may say you’re not living the “Cape Coral life” if you’re not hitting the sand all lathered up in sunscreen. If you are on the hunt for some quality Cape Coral real estate, an agent like Mr. Kevin Page of Cape Coral Lots is your man on the ground. Consultations with the REALTOR® will help shape your preferences for a waterfront property that fits your budget. Greenberg quotes a source as saying that Cape Coral’s 400 miles of waterfront keep the prices down. This has resulted in a lower price difference between waterfront and inland properties in the city, which is just “slightly more than 80 percent.” It’s another story across the water in Fort Myers, where the variance between the two types is over 110%. Insiders opine that this is a good thing for property seekers who want affordable deals they didn’t know existed in Cape Coral. A Cape Coral, FL real estate agent such as Mr. Page also has links with lenders and asset managers in the city, a fact that could come into play when you’re looking for a property you can buy on affordable mortgage terms. Some recent computations of properties in the area show that the monthly payments may not break the $1,000 barrier. There’s no better time than now to take advantage of some hot property picks in the Cape Coral area. A credible real estate agent will help you land that dream property. (Source: Study shows price difference for waterfront homes is much less in Cape Coral, FOX4, 14 September...

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The Timeless Value of Investing in Cape Coral Waterfront Real Estate

Posted by on Nov 9, 2014 in Info Articles | Comments Off on The Timeless Value of Investing in Cape Coral Waterfront Real Estate

The Timeless Value of Investing in Cape Coral Waterfront Real Estate

Spending a few days at a nice place near the coast is always a wonderful prospect. Now imagine owning that place and having access to it all year round. And now, imagine this scenario: You do not only own that nice place, but it’s earning money for you, too. Few would turn down such an opportunity, and many have found it in the form of waterfront lots.   Whether it’s near the ocean, lake, or even a river, waterfront properties have stayed as prime options throughout the years. Writing for NuWire Investor, Ryan Tomlinson listed down some of the main reasons that make these estates high-value investments: There are a myriad of motives why investors buy coastal real estate, but the main one is that they expect it to increase in value. Although there are market fluctuations and prices may go down from time to time, waterfront proprieties remain profitable investments. Aventure in landed propriety must be made with long-term increases in mind. Real estate can be let out on a short-term basis too. For instance, a chic beachfront condo may be leased annually, while a waterfront apartment can be rented as a seasonal vacation residence. Hence, the investor will obtain rental income from the property and he will also be able to spend relaxing holidays there. Turning a profit from waterfront real estate has everything to do with the location of the property. Being near the water, these places enjoy excellent climate for almost the whole year. The presence of lush flora is a common feature, and some areas are surrounded by forests that provide fresh air, natural shade, and a gorgeous backdrop to the clear waters near the property. In addition, prospective residents won’t run out of recreational activities from fishing, hiking, boating, or just simply spending time lounging on the beach. More importantly, a waterfront location offers a complete change from the rush of urban life, replacing noisy and dirty streets with a tranquil atmosphere and beautiful scenery. Florida has these qualities in abundance, making Cape Coral waterfront real estate for sale some of the best places to invest in. With the help of real estate brokers such as Cape Coral Lots, the process of finding the perfect place to purchase is made simpler and significantly less stressful for prospective buyers. The real estate market can be challenging, but the special qualities of waterfront lots make buying them an easy decision to make. Their lovely natural surroundings, consistently high market values, and the chance to enjoy a beautiful vacation place all make Cape Coral waterfront real estate parcels investments that will only get more valuable as the years pass. (Source: How to Turn a Profit Investing in Waterfront Property, NuWire...

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Study Finds Waterfront Residential Lots for Sale Have Doubled in Value

Posted by on Nov 8, 2014 in Industry News | Comments Off on Study Finds Waterfront Residential Lots for Sale Have Doubled in Value

Study Finds Waterfront Residential Lots for Sale Have Doubled in Value

Compared to the exhaust smoke, noise, and rush of typical city life, the sight of clear water, tall trees, and unfiltered sunlight offered by a waterfront property is paradise. Waterfront residential lots for sale have always been near the top of real estate listings, and a recent study by Zillow.com has found that these homes have remained more valuable than their landlocked counterparts. An article from My San Antonio provided more details: What they found is that the value of waterfront is now twice as much as other homes. Two decades ago, waterfront properties were worth 64 percent more than others, today they are worth 116 percent more, according to Zillow.   “Using Zillow’s database of more than 100 million homes nationwide, we have analyzed the single-family waterfront home market in the United States from 1996 to the present and have a developed a unique home value index for waterfront homes, nationally and the city-level.” In addition, the study has uncovered that the least expensive waterfront homes in the United States can be found in the Florida and the Midwest. This spells good news for those looking to buy residential lots in sunny Florida where they can enjoy being close to the water without the crippling prices that other locations offer. Cape Coral, one of Florida’s gems, is a great example of the timeless attraction of waterfront properties. Its proximity to the beautiful Gulf of Mexico, combined with its lush forests and temperate climate, makes it the perfect setting for group or solitary outdoor activities such as fishing, boating, hiking, and many more. Compared to other Florida areas, Cape Coral fuses big-city convenience with secluded tranquility, making it an ideal place for families or individuals who want to slow down from the breakneck pace of urban living. The prime nature of waterfront properties can daunt potential buyers, but companies such as Cape Coral Lots can make it easy for people to get a slice of the waterfront life. Prospective owners can also search for residential lot loans to make financing simple for their new homes. Waterfront properties are more valuable than ever, and the reasons for these are obvious: Living in a peaceful locale surrounded by gentle waves and green environment will beat congested roads and dirty streets anytime. (Source: The value of waterfront homes, San Francisco Chronicle, September 19,...

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Affordable Residential Cape Coral Lots for Sale Are Ripe for Picking

Posted by on Nov 7, 2014 in Industry News | Comments Off on Affordable Residential Cape Coral Lots for Sale Are Ripe for Picking

Affordable Residential Cape Coral Lots for Sale Are Ripe for Picking

Southwest Florida’s economic recovery following the recession might have been slow, but it brings with it a hopeful real estate market. A news feature on the News-Press website posted last November 2, 2014 notes some of the more favorable aspects of the recuperating local realty industry. Of land transactions, the article discusses that previously, buyers could easily acquire distressed and over-leveraged land. Limited inventory for new housing and rising costs, however, are encouraging buyers to look beyond developed communities and into prospective, outlying areas: Now builders and developers are paying the true lot price, often in excess of $50,000, that will be passed on to the homebuyer. Therefore expect significant price increases for new homes from here on, which may steer price-sensitive buyers toward secondary, outlying markets such as Cape Coral, Lehigh Acres, North Fort Myers, Golden Gate in Collier County, and Charlotte County overall. Buyers may also seek existing resale homes if the price for a comparable new home becomes out of reach, but still encounter limited inventory of entry-level pricing in primary submarkets. Interestingly, Cape Coral was one of the outlying markets that the article listed. With prices dropping in the region to accommodate buyers on a limited budget, it is the perfect opportunity for you to browse through the numerous Cape Coral lots for sale. Well-informed brokers such as Cape Coral Lots should be able to walk buyers through the ins and outs of the local area, and which lots in a given area are the hottest. Even if there is no building atop a particular lot, homebuyers need to make some serious considerations before purchasing undeveloped land. Features that are not immediately apparent, such as how prone the area is to severe weather, the availability of phone and electrical lines, and building restrictions on the land, need to be made clear so that buyers do not make any mistakes. To select suitable Cape Coral land for sale, it would be better for buyers to get in touch with local realty brokers. Brokers usually have access to comprehensive lot listings that make the selection process a breeze. (Source: Real estate market hits era of good feelings, news-press.com, Nov. 2,...

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House Hunting? 3 Reasons to Buy Cape Coral Real Estate Properties

Posted by on Nov 6, 2014 in Industry News | Comments Off on House Hunting? 3 Reasons to Buy Cape Coral Real Estate Properties

House Hunting? 3 Reasons to Buy Cape Coral Real Estate Properties

So you’ve found another job or realized that apartment living is no longer right for you. If so, then you’re probably looking for a new house in Florida. While there are many locations to move to, why not consider buying a waterfront Cape Coral real estate property? After all, who wouldn’t want to have the beautiful Gulf Coast literally at their backyard? You can enjoy boating and fishing at practically any time given your home’s proximity to the water. Of course, this isn’t the only perk of living in Cape Coral you can enjoy. Here are three more you will definitely appreciate: No Personal Income Tax Yes, Florida is one of the states that do not collect personal income tax. In other words, when you get your pay check, you won’t have to split it with Uncle Sam. Furthermore, Florida has also repealed taxes on intangible assets like stocks, mutual funds, and bonds. As such, you can spend more of your money on the things you actually need and want. Great Weather Did you know that Cape Coral gets around 265 sunny days per year? Or that winter feels more like a lovely spring day? Indeed, this place is for people who want comfortable warmth and abundant sunshine for most of the year. Close to Nature Another benefit of living here is the close proximity to nature that Cape Coral offers. As this article from HomeAway.com noted: The “Ding” Darling National Wildlife Refuge is known all over the world for its incredible migratory bird populations. While the J. N. “Ding” Darling National Wildlife Refuge is one of the most popular free things to do in Cape Coral, Florida for any visitor, it is truly a must-see for bird watchers or nature photographers. Fishing, hiking, canoeing, kayaking, and informational nature programs are all also available at the refuge.   Another stunning natural location is the Matlacha Pass Aquatic Preserve. In addition to spectacular waterfront vistas, this nearby location offers hiking and paddling trails in addition to plenty of recreational fishing and crabbing spots. If you’re looking to purchase Cape Coral, Florida real estate, be sure to work with reliable brokers like Care Coral Lots. These companies have an extensive listing of available homes, so you can find one that suits your needs and fits your budget. (Source: FREE THINGS TO DO IN CAPE CORAL, HomeAway.com, August 8,...

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