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Gordon Manor (formerly Cedar Ridge), Gainesville Florida - Price Reduction on 512 S.W. 68th Terrace, a 2,898 sq. ft., 3 bath single story "Triplex Converted to Daycare". Now  $160,000 - Provides Steady Commercial Lease Income.
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University Commons, Gainesville - FOR RENT - A Bedroom in University Commons Condos at 2601 S.W. Archer Road, a 4 bdrm - 2 bath multiplex "Next to Univ of Florida Campus.". Now $325 USD Monthly per Bedroom - Low Price, Great Location.
Top floor (3rd floor). No noise above, good view. Many amenities - pool - fitness.
Walk , Bike, Bus to University of Florida Campus in a few minutes.
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University Commons, Gainesville - The multiplex at G-125-2601 S.W. Archer Road has been sold. Property information
IT CAN BE DONE: This was a SHORT SALE that took 72 DAYS (2.4 months) from executed contract to closing. Maybe a record for fast time to close for a short sale? Especially a condominium in a town swamped with them at this time.
Contact me for your SHORT SALE or REGULAR SALE. Any kind of real estate. Any type of property.
Mark Cohen, Broker
Eyemark Realty, Inc.
Gainesville, Florida
352-373-3783
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HOW - Home Owner's Warranty
(Home Buyer's Protection Plan)
A Home Owner's Warranty is a protection plan (a type of insurance policy) that protects you, as the buyer, from incurring high costs of specified repairs after you purchase your home. Most companies offer plans for site-built homes only, but there are a few companies that offer plans for condominiums, mobile homes (trailers), and manufactured homes.
This type of warranty is different from a Builder's Warranty on a brand new home. With new construction the home builder typically warrants the entire home and all systems for 1 year. A home buyer's protection plan is limited in scope and only covers specific items.
It typically is purchased by a seller as an incentive to induce a buyer to make an offer on a home for sale. But, in some cases it can be purchased by the buyer of a home when the seller doesn't include it. Some protection plans can include coverage for the seller during the listing period.
Most companies offer a standard coverage paid for by the seller. Then you have the option of increasing the coverage by purchasing different levels of upgrades. When the seller is paying, payment is made at the closing from the proceeds of the sale. When the buyer is paying or obtaining upgrades the payment is included in the buyer's closing costs.
Coverage for existing homes typically extends for 12 or 13 months depending on the company. Some plans will offer you a renewal before it expires. There are a few companies that offer plans to cover the years 2 - 4 of new home construction which protects you after the builder's 1 year warranty expires.
As with other types of insurance there is a deductible, usually $50 - $100 per repair that is paid by you at the time of the repair. Costs over the deductible are paid by the home warranty company. There is a 24 hour - 365 days a year toll-free phone number to call when you need service and the warranty company will send you one of their certified insured contractors.
Different plans cover different items so make sure you read the list of coverage very carefully.
Usually the following items are included in standard plans:
Central Air Conditioner-Heat Pump, Gas-Oil-Electric Heater-Furnace, Ductwork, Plumbing System, Water Heater, Instant Hot Water Dispenser, Toilets, Sump Pump. Bathtub Whirlpool (Spa) Motor-Pump, Kitchen Refrigerator, Dishwasher, Oven-Range-Cooktop, Garbage Disposal, Built-In Microwave Oven, Trash Compactor, Electrical System, Exhaust Fans, Ceiling Fans, and Central Vacuum.
Premium plans include everything in a standard plan plus some of the following items:
Washer, Dryer, Swimming Pool, Well Pump, Garage Door Opener, Septic System, Limited Roof Leak, Pest Control, Hauling Away Debris, and Permits.
Some companies include, for an additional fee, items such as faucets, registers, and grills-racks.
As you can see, a Home Owner's Warranty (HOW) can increase your comfort when buying your new home. You will be protected against potentially huge repair bills for covered items. All you pay is a nominal service fee per repair call. So, it is in your interest as a first time home buyer to request that the seller provide this kind of an incentive when you make your initial offer on a home.
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Short Sale Transaction Information Form
1. A Short Sale is a transaction in which the Seller is attempting to sell the property for less than the amount of the balance owed on the mortgage to the Lender.
The Seller won't make any money from the sale of the property. The Seller's credit history and score will be adversely affected by a short sale.
The Seller must be behind in the mortgage payments, show the Lender that he/she is in a hardship position and can no longer make payments, and that there is no income or assets available to pay the loan.
The Lender has to decide whether to lose money now from the short sale or lose money later from a foreclosure.
2. The offer price is lower than the mortgage balance so the Lender must agree to take a loss equal to the mortgage balance minus the offer price and Seller's closing costs. Therefore, the Seller must first obtain agreement from the Lender that the Lender will agree to consider a short sale.
Unless the Seller has already obtained this agreement with the Lender to do a short sale, the Lender won't even look at a contract between the Buyer and Seller. Therefore, the Buyer should make sure that the short sale itself has the Lender's approval before investing time and effort in making an offer.
3. When the Buyer's offer is accepted by the Seller it becomes a legally binding contract. The Seller then submits the contract to the Lender for approval.
Lenders can take anywhere from 3 weeks to 4 months to reply to a contract. Usually it takes several months. The length of time for a reply is dependent on the workload at the Lender, how well they are trained and equipped for short sale transactions, their overall financial condition, and the local real estate market.
Even after several months, the Buyer's contract may be rejected or a counteroffer made by the Lender. At that point negotiations might be necessary among the Buyer, Seller, and Lender to obtain an acceptable contract.
If the contract is rejected or no approval can be negotiated, usually the property will be foreclosed on soon.
4. Because short sale transaction processing almost always takes a long time, the Buyer must have no expectation of obtaining fast responses or replies or decisions. Short sales are not for Buyer's who want or need a quick purchase.
4. Note that the contract is actually between the Buyer and the Seller. The Lender is only approving or disapproving it because they are the entity that will take the loss.
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5. Short Sale Odds.
Why do only a small percentage of short sales close?
Everyone involved is:
Short on Money.
Short on Time.
Short on Patience.
Short on Knowledge.
Short on Experience.
Short on Paperwork.
Long on Odds that it will close.
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There are "experts" who recommend that you develop a niche and specialize only in that one type of real estate. I understand that reasoning, however there is the other side of the coin to consider.
I don't have a niche. Well, I do have a niche, actually. My specialty is "everything and anything" involved in real estate. I have closed numerous different types of properties or transactions representing the buyer side or seller side or both.
There are advantages to having a wide niche or no niche.
I learn more. I learn much more about how real estate markets work, about the motivations of buyers and sellers and landlords and tenants, about property values and property uses.
It is interesting to work on different types of deals instead of the same thing over and over again. Diversification is enjoyable and motivating.
I meet more people who introduce me to more people inside my real estate board and in public because I have more to talk about.
I like being versatile. That way I can help people do more things.
It evens out earnings somewhat. When one type of market is slow, another type can be good.
I don't have to be an expert in everything although I do consider myself an expert in many different fields. When I need specific knowledge there are experts I use as consultants and facilitators.
Here are my niches.
Commercial Property FOR SALE:
Commercial, Industrial, Manufacturing, Factory, Warehouses, Showrooms, Buildings, Wholesale, Retail, Stores, Shops, Shopping Centers, Strip Centers, Land, Lots, Office Condominiums, and Office Buildings.
Businesses FOR SALE:
All types and sizes of Businesses, Opportunity, Enterprises, and Ventures.
Residential Property FOR SALE:
Detached Homes: Homes, Houses, Single-Family Homes, Patio Homes, Garden Homes, Zero Lot Line Homes, Studio Homes, Bungalows, Mobile Homes, Trailers, Manufactured Homes, Homesteads, Vacation Homes, Villas, and Second Homes.
Attached Homes: Condos, Condominiums, Townhomes, Townhouses, Flats, Premises, Multi-Family (Duplexes, Triplexes, Multi-plexes), and Buildings.
Special Homes: New Construction, Fixer-Uppers, Handyman Specials, Short Sales, Pre-foreclosures, Foreclosures, and REO's.
Land: Lots, Plots, Parcels, Acreage, Farms, Ranches, Villas, Retreats, and Estates.
Agricultural Land FOR SALE:
Farmland, Timberland, Grazing Land, Cropland, and Pasture Land.
Take a look at what I have to offer you at EyemarkRealty.com or www.GainesvilleFloridaHomes.com.
Give me a call today.
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Perfect for Car-Truck Sales Lot.
• 30,000 sq. ft. lot / land "Commercial Zoning." - MLS® $2,000 USD Monthly - LOW LEASE, Great Location
Newberry - Gilchrist County, Gilchrist County - Vacant Land For Lease. Great location for Car-Truck Sales Lot or related sales. Approx. 30,000 sq ft zoned commercial next to busy intersection of SR 26 & Waccassasa Road (SE 70th Avenue). Completely fenced with gate. Next to very busy BP Convenience-Gas Store. Motor Home (RV) is included in lease to be used as an office.
Owner will consider lease from 1 to 5 years with renewals.
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BACK-UP Offers Accepted.
• 1,447 sq. ft., 2 bath, 3 bdrm single story "Large fenced back yard." - MLS® $109,900 - PENDING SHORT SALE.
Michigan Heights, Gainesville - **Under Contract - Backup offers accepted** Pending, but CONTINUE TO SHOW.
SHORT SALE. A contract has been sent to the lender for approval.
Seller wants Back-Up Offers.
Very Affordable if the bank approves your offer. The lender is waiting for your offer.
Very comfortable 3br-2bath home in town. Walk to elementary & middle schools.
Easy drive to University of Florida (UF) campus, new Walmart, Downtown, and shopping.
Living room and Family room. Large fenced yard. Good condition concrete block home.
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Industrial-Commercial Zoning
• 4.62 acres of land with 196 ft frontage on State Road 24. Vacant Commercial - Industrial Land.
$349,000.
Archer, Florida - HIGH-DRY-LEVEL.
Ready for your retail center, office complex, distribution center, or factory.
196 ft. frontage on Archer Road (SR 24) is zoned Commercial-General.
Back 4 acres are zoned Industrial.
ONLY 10 miles to I-75. Convenient to Gainesville, Ocala, University of Florida, and all North Central Florida.
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The Eyemark Realty Book Store has books, videos, software, and products that can Make and Save You Money.
Whether you are buying, selling, renting, or leasing you will find information that can enhance your financial situation and increase your negotiating skills.
You can order directly from EyemarkRealty.com by going to the store frame on the Financing Guide page or the Investor Toolkit page.
You can visit the store site by clicking on any of the Eyemark Book Store links on several other pages.
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Building & Land For Sale.
• 2,898 sq. ft., 3 bath single story "Converted Triplex" - MLS® $198,888 - Commercial Income.
Cedar Ridge, Gainesville - Triplex converted to a Children's Daycare Center - School. Located in the center of an apartment rental community with many young children. Property has had a Special Use Permit for school zoning since 1997 and has a capacity for 43 children. Building and Land for sale only. Daycare Business (tenant) leases premises from seller, has been operating for since 2003, and will sign a long term lease or vacate for new owner.
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Archer, Florida - Announcing a price reduction on 16903 S.W. Archer Road (SR 24), 4.62 acres of level, high & dry, cleared commercial-industrial land with 196 ft frontage on State Road 24. Now $199,000 - REDUCED from $325,000. Build your retail center, office building(s), or industrial facilities. Convenient to Gainesville and the University of Florida.
MLS 288834. Property information
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The question here in North Central Florida is whether the weather will change. People here are wondering when our wonderful weather will worsen. Of course we hope it will stay good - always. Its been so nice here, so sunny, so pretty, so comfortable, its a contrast to much of the rest of the country.
We see the news about the terrible weather in the midwest and southeast - the huge tornadoes - the hail - the wind. Most Floridians know how those people are affected by the storms. Florida has had a few storms in its day - big and small hurricanes and tornadoes.
BUT, THANKFULLY, here in Gainesville, the Heart of Florida, we haven't had significant damage from a hurricane in over 100 years. This has been a great place to live - weatherwise. The hurricanes have gone to the east, west, north, and south, missing us each time. The tornadoes have been in Central Florida.
Can we continue to be so lucky? Maybe it has something to do with being on the line between the temperate zone and the sub-tropical zone. The weather pattern seems to be such that the strong continental frontal systems weaken as they approach here and strengthen after they move south from here. We know there is always the possibility of the weather pattern changing so we enjoy it for now.
Of course, there's a down side to even good weather. We periodically go through periods with low or no rainfall. The landscaping suffers, but the trees, shrubs, and flowers adapt and become stronger. Gainesville is a "Tree City USA" known for its "Urban Forest" so we do need sufficient rain to keep it green. This month, June 2008, we are many inches below what is considered to be normal. However , at least for now, we have ample clean pure water in the underground aquifer.
We also have an ample supply of nice homes to choose from. Come on BUYERS, enjoy the great weather, low prices, and low interest rates. Look at homes and condos at EyemarkRealty.com and www.GainesvilleFloridaHomes.com.
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Retail Strip Center Location.
• lot / land "Only Commercial Land in Neighborhood." - $495,000 - Commercial Land
Airport Area, Gainesville - 4.23 acres of Commercial Zoned Land just east of Gainesville Regional Airport. Across the street from the Florida Dept. of Transportation Office and Materials Research Center. Florida Division of Forestry Regional Office is under construction across the street. Many research and office workers within walking distance.
475 site mobile home park with approx. 700 residents is behind this land.
There are no other commercial parcels in the area.
Consists of two adjacent parcels, same zoning, both in City of Gainesville limits.
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