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Archive for August, 2008

We did it - a short sale finally closed

Short sales are anything but short! and they’re anything but certain.  It’s can be 3-5 months before you hear back from the lender on whether your offer has been accepted - and meanwhile they’re taking any other offers that come in. You need tremendous patience to pursue a short sale. (A short sale is when the owners owe more money than the current market value of the home, so they will be “short” of paying off the mortgages.)

Rob wrote an offer in February for our clients - and they waited for an answer until August!  Then the lender wanted to close in 10 days, and we hadn’t - of course, since the offer wasn’t accepted -  even done the inspections.

This home in the Old Northeast area of St. Petersburg closed yesterday. This is the first closing, despite writing offers for our clients on over two dozen short sales this year.

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Teardown Chronicle - Day 44 (61) Roof decking nearly complete

Roof decking almost complete

This was a busy week in the Broadwater neighborhood of St Petersburg, Florida. The roof decking on this new home is nearly complete. If you click on the photo a larger one will pop up, and you can see that this is anything but a rectangular block home. The ground level is garages and storage, above that is the main living level with a large balcony overlooking the waterfront, and the top level is a master suite with office/den and a balcony.

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Teardown Chronicle - Day 43(60) - Home Takes Shape

Roof framing shows the shape of the home

Teardown Chronicle - Day 43  (60)

Now that the roof decking is being installed on the third (top) floor, you can see the shape of this new waterfront home in St Petersburg, Florida. This isn’t a big box - it has varying roof lines and projections.

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Teardown Chronicle - Day 42(59)

Beginning to take shape

Teardown Chronicle - Day 42 (59)

You can get a perspective of this new waterfront home - the roof of the neighboring one story home is at the left, and you can see the framing for the second and third (top) floor of the new home.

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Teardown Chronicle - Day 41(58) - Third Story

Third floor framing

Teardown Chronicle - Day 41 (58) - Third Story

Framing has started on the third floor of this new waterfront home and there is even some plywood on the framing.

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Teardown Chronicle - Day 40 (57)

Teardown Chronicle - Day 40 (57)

Teardown Chronicle - Day 40 (57)

Framing has begun on the third level.

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Evaluating real estate opportunities in Costa Rica

Balcony View - del Pacifico - Costa Ricadel Pacifico at Esterillos Este, Costa Rica

Tami and I just returned from a long weekend Gathering at del Pacifico on the central Pacific coast of Costa Rica in Esterillo Este. Click on the photo to see a larger version. It’s hard to tell from the photo, but there’s a nice water view of the Pacific from our balcony. We found real estate to recommend to our clients for a vacation and/or for an investment, whether it’s a condominium, a home, or a lot.

del Pacifico offers a quality product in a quality development. Whether you’re looking to relax away from it all, enjoy horseback riding, sport fishing or golf, there’s something here for you. We liked the people we met at the Gathering, the del Pacifico founders and staff, and found the Ticos (the people of Costa Rica) pleasant, caring, and with a peaceful spirit for their land and for each other.

Contact us with your questions about del Pacifico and Costa Rica real estate.

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Teardown Chronicle - Day 36 (51)

Teardown Chronicle - Day 36 (51)  2nd floor is taking shapeBuilding continues

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Day 35

New waterfront home  Sharon is away, but the project continues.

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Teardown Chronicle - Day 30 (43)

2nd floorTeardown Chronicle - Day 30 (43). From the rainy street it didn’t look like much framing had been done today, but it looks as if the next floor joists/trusses have been delivered and are ready for the next stage.

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