Foreclosure Help for Florida Homeowners

January 4th, 2008

Orlando, FL — Avested LLC launches the first ever online home auction site for the growing number of homeowners in the USA who face the misery of foreclosure. The company has launched its online auction site, www.avested.com, for the exclusive listing of homes in foreclosure, pre-foreclosure and those that are already bank owned. Using a similar sales format as eBay, Avested.com enables home owners to list their property for sale for as little as $199 with a number of options such as setting a reserve price, an immediate sales price, a fixed price or an auction date which is set to end prior to the homeowner’s foreclosure deadline. Not only can the homeowner list their property for just $199 but on the successful sale they pay only a 0.5 percent sales fee compared to the national average of 6 percent charged by Realtors. To coincide with their launch the company is offering sellers a special listing promotion during the month of December whereby they can list their property for sale for just $99.

First online home auction offers relief to homeowners facing foreclosure. Avested LLC launches the first ever online home auction site for the growing number of homeowners in the USA who face the misery of foreclosure. The company has launched its online auction site, www.avested.com , for the exclusive listing of homes in foreclosure, pre-foreclosure and those that are already bank owned.

The founders of Avested LLC dreamed up the concept after they had been bombarded by media articles about the escalating foreclosure problem and the hundreds of websites, advertisements and informercials that offer to show you how to take advantage of the foreclosure market and become rich. A spokesman for Avested said; “Every day you see something that offers to show you how to make money from foreclosures and bank owned properties. You read about the rising foreclosure numbers in the US and the forecasts that show it is only going to get worse but you seldom read about help for those facing the misery of foreclosure and perhaps even pending bankruptcy. We decided to develop a program to help the people who need it the most and to give them at least a fighting chance. Unlike other companies out there, our aim is to help those in payment difficulty at the lowest possible cost to sell their home prior to losing it by generating real buyers through the power of the internet and other advertising media. We are not looking to take advantage of those in financial difficulty, instead we wish to offer them another option.”

House Foreclosures in the US and Europe are at an all time high, so homeowners facing the same fate are certainly not alone. Foreclosure is a stressful and traumatic event in people’s life and their minds will often be filled with all kinds of thoughts and emotions and, unfortunately most of them negative. For many, the instinct is to do nothing until it is almost too late and then to think that it is too late to do anything to save their home or any equity they may have in it.

Compounding the mounting problem of mortgage default and eventual foreclosure is the severely depressed real estate market with homes taking longer than ever to sell in an already flooded market of almost 4 million existing homes for sale nationwide. This means that for many, even those with a good amount of equity, selling their home in time to head off foreclosure proceedings can be almost impossible leaving homeowners with few options. Many homeowners going into foreclosure with equity in their property will never see a dime after the property has been sold by the mortgage lender and may find they still owe money. The lender is only concerned with recovering what is owed to them and their costs regardless of the equity the homeowner may have in the home which is their money

Avested LLC has recognized the plight of the homeowners in financial difficulty and has launched the world’s first online real estate auction website listing for sale only properties in foreclosure, pre-foreclosure and those already bank owned. Avested offers a genuine lifeline to homeowners by providing a facility for them to sell their home prior to losing it through the foreclosure process and at a fraction of the cost that is generally charged by real estate agents. This provides the homeowner with a better chance of selling their home and retaining some equity or at least selling their home in time to head off foreclosure.

The website provides potential buyers with access to properties for sale anywhere in the US all of which are either in foreclosure, pre-foreclosure or already bank owned. This means that anyone serious about buying a property can do so at a bargain price and know that they have helped a homeowner in need. Avested.com also offers potential buyers with links to lenders who will pre-qualify them quickly for a loan to enable them to bid with confidence on a property. The power of the internet means that buyers from anywhere in the world who are looking for property have access to the listings and this makes the seller’s listing available to worldwide buyers, especially the growing number of Europeans, who wish to purchase property in the US.

Sellers and Buyers in Today’s Housing Market

November 15th, 2007

Miami Beach, FL — Leading for-sale-by-owner website Fizber.com has released a survey on the demographics of FSBO websites. The recent studies done by Fizber.com show that FSBO sites attract a more affluent, slightly more female than male audience. These sites cater to a primarily older, mostly Caucasian audience with the household income over $100,000/year. The typical visitor shops at Home Depot and watches DIY - The Do It Yourself Cable Channel. People in the middle class are more open to FSBO because there’s a larger incentive for them to save that 6%.

According to the study, three quarters of all Americans begin their search for a new home on the Internet. Dozens of FSBO websites now offer home sellers a platform for marketing their homes to millions of potential customers on the Internet. A typical FSBO site allows the seller to post a classified-style listing with multiple photos of the houses, along with e-mail and phone contact information. The majority of these home buyers and sellers are using the potential of the Internet to its fullest to save tens of thousands of dollars in agents’ fees.

The survey has shown that 78% of consumers who plan to buy or sell a home in the next three years believe agents’ commissions are unjustified. The same study also found that 92% of by owner sellers will sell their next home without the use of an agent. The concept is tantalizing: instead of paying a 6% commission to a Realtor, sell your house yourself on the Web.

However, the desire to reduce the transaction costs associated with selling real estate isn’t the only reason what makes FSBO becoming so popular. Today’s home sellers want more options and more flexibility than they’ve had in the past. The top reasons why people are using FSBO sites are to get information on homes for sale, get information on recently sold homes, and help determine a bid price on a home.

The researchers also found that New York and Florida are among the hot markets for home sellers who don’t want to turn to a real-estate agent. But what makes FSBOs hot in one town and not in another?

“Some regions of the U.S. are more receptive to Internet shopping than others”, says Chris Taylor, Fizber.com Analytics Department Manager. “According to the research, homeowners in Florida and new York are more receptive to selling without an agent because customers here use the Internet more often than people in other states but still there are several other minor factors driving the strong FSBO activity in particular markets”.

Industry experts agree that for-sale-by-owner websites will ultimately succeed. The reason: Realtor commissions are too steep, they say, and homeowners want a less expensive way to sell their properties. These factors will continue to drive enormous demand for alternative real estate services models. Visit at http://www.fizber.com/

Online Real Estate Auction; Pre-Foreclosure Online Only Real Estate Auction Rowell Realty & Auction Company

October 14th, 2007

Tallahassee, FL - Rowell Realty & Auction Co., Inc., a licensed Florida real estate broker and Real Estate Auction Company, has been commissioned to sell, at public auction, 17 properties in Leon, Jefferson, and Franklin counties. A variety of commercial and residential real estate will be offered to the highest bidder.

“The real estate will be selling through online bidding, and contracts will be written following the close of the bids,” explains Myers Jackson, CAI, AARE, CES, e-PRO and auction coordinator. “This pre-foreclosure auction is a must to prevent pending action by the secured lenders.”

There are 17 properties located in Tallahassee, Leon County; Monticello, Jefferson County; and Carrabelle, Franklin County, Florida. Commercial and residential properties ranging from new homes to proposed multi-family apartments and tracts with industrial zoning and approved environmental permitting in place take center stage on this exclusive online auction event.

When these parcels of real estate are posted on October 9th and 10th there will be a 14 day window of opportunity for bidders to evaluate each property and bid accordingly. All bids will close October 23rd, for all properties in Tallahassee and Monticello, and October 24th, for all properties in Carrabelle, the bidding will close each day at 2:00pm.

Jackson says, “The auction method of marketing was chosen by the seller to liquidate all the property in inventory. In today’s environment auctions have the best chance of producing the highest price with the best contract terms, giving buyers and sellers an advantage in any given marketplace.”

“Online only auctions provide a vital tool to buyers of Real Estate that may not be able to attend live auctions,” says David Hart, CAI, AARE, Executive Vice President and Operations Officer of Rowell Realty & Auctions Co., Inc. “The online platform is friendly to use by all qualified bidders and allows bidders to post their best bids from home, office, or remote location.”

Event news and details of the auction are available at www.myersjackson.com or www.rowellauctions.com. Contact the auctioneers with any questions on the upcoming event by calling direct, toll free at 1-800-323-8388.

Legacy Grand East Gate in Kissimmee, FL Plans New Kid Oriented Water Parks

October 5th, 2007

Orlando, FL — Scott McCoy, VP Marketing, Legacy Marketing International Inc., announced today that the Legacy Grand East Gate condo hotel, will be adding two water parks. One is for young children, ages 4 to 12 and another will be for teenagers. Part of the plan is a new adult pool for parents. (www.legacygrandsales.com).

Scott McCoy, VP Marketing, Legacy Marketing International Inc., announced today that the Legacy Grand East Gate condo hotel, will be adding two water parks. One is for young children, ages 4 to 12 and another will be for teenagers. Part of the plan is a new adult pool for parents.

The multi-million dollar project planning is now underway, and construction is expected to be completed by May 2008. East Gate Condo Hotels are being introduced at $132,900. For more information please visit www.legacygrandsales.com

The East Gate Condo Hotel rooms are all being renovated and, in addition, the entire property has already received new exterior paint, outdoor and lobby landscaping and renovations, and meeting room upgrades.

Scott McCoy added, “During the planning stages, we conducted focus group studies with various age groups. We asked what they would like to have in a water park. They’re the experts on playing, and we listened. The water park will be a sight to see, and really fun for children and their parents.

Parent focus groups told us that after a long day at the theme parks, they want to unwind but kids still want to play. With this new addition, both parents and their children will be able to relax and have a great time. There isn’t a water park available in Kissimmee, and since our Legacy Grand East Gate condo hotel is close to every attraction, including Walt Disney World©, just three miles away, we’ll be providing a new dimension for Condo Hotel owners, vacationers and their families. And there’s no extra charges or fees for owners and guests to use the new water park.”

Real Estate Firm Bravo Brokers to Expand Into Tampa Market

September 25th, 2007

Sarasota, FL — Bravo Brokers, Inc. (http://www.BravoBrokers.com) , the leading next generation Real Estate firm located in Sarasota, FL, announced today that it is expanding its operations to the Tampa Bay Area (Hillsborough County), with Pinellas County and the Orlando market to follow in the near future.

Bravo Brokers has joined the Greater Tampa Bay Area (GTBA) MLS and Association of Realtors, and will begin taking listings in the Tampa market by the end of this month. This means Bravo Brokers will be servicing 4 Florida Counties: Hillsborough, Manatee, Sarasota and Charlotte County.

It has been our strategy from the get-go to grow our customer-centric business model first throughout Florida and then nationwide. We are excited to take this important next step. Tampa is an important market for us.
Thomas Heimann, President & CEO of Bravo states: “It has been our strategy from the get-go to grow our customer-centric business model first throughout Florida and then nationwide. We are excited to take this important next step. Tampa is an important market for us.”

Bravo plans to expand its operations into Pinellas County (St. Petersburg/Clearwater), Orlando and Fort Myers by the end of the year. Bravo’s goal is to establish satellite offices in those markets and hire local agents to facilitate the consumer-agent interactions, while maintaining all other business functions such as marketing, inside sales, customer service and title operations at its Sarasota headquarters.