1 Updates

Allison James Estates & Homes Sells Foreclosed Waterfront Property on Longboat Key, Florida

Sep 30 2013, 3:08am CDT | by PR.com

Troy Funk is a Leader in Selling Deeply Discounted Million-Dollar Waterfront Properties.

Longboat Key, FL, September 30, 2013 --(PR.com)-- A Longboat Key, Florida, waterfront home which sold for $610,000 below its 2004 value is the latest example of the great deals available in million...

Filed under: news

Full Story below YouTube Videos

 
 

 

28 weeks ago

Allison James Estates & Homes Sells Foreclosed Waterfront Property on Longboat Key, Florida

Sep 30 2013, 3:08am CDT | by PR.com

Troy Funk is a Leader in Selling Deeply Discounted Million-Dollar Waterfront Properties.

Longboat Key, FL, September 30, 2013 --(PR.com)-- A Longboat Key, Florida, waterfront home which sold for $610,000 below its 2004 value is the latest example of the great deals available in million-dollar foreclosed properties.

Located at 511 Harbor Point Road, Longboat Key, Florida, the home closed for $1,090,000 on September 9. It previously sold for $1,700,000 in 2004.

“The house had been abandoned for an extended period of time and had serious deferred-maintenance issues,” said Troy Funk of Allison James Estates & Homes, who was the listing agent for the home for the lender-owner. “However, that did not detract the many buyers attempting to purchase the property as we had multiple offers.”

Funk is a well-known real estate broker who represents numerous lenders in the sale of their bank-owned assets. “We currently have many waterfront properties for sale and many more coming on the market in the near future in Sarasota and Manatee counties,” he said. “One mainland waterfront property that we are particularly excited about right now is the home at 7767 Holiday Drive in Sarasota. The roof on this home is literally caving in, yet we have a long list of buyers willing to make offers on this property, because it is a mainland Sarasota waterfront property and priced under $500,000.”

Waterfront homes have always been in high demand. However, the influx of distressed properties is providing an unprecedented opportunity for buyers who may have previously been priced out of this market, Funk said. Bank-owned homes can sometimes sell for millions below their previous asking price. As an example, he represented a bank-owned property which sold for $2,900,000, literally millions of dollars below the prior value of the home.

The secret to getting a good value in a waterfront home is to have the right mindset and treat it from a business perspective and not an emotional perspective, Funk advises. “These homes are usually very ugly and in poor condition, which causes concern for many people. However they are typically priced to accommodate for needed repairs, allowing a buyer to elevate the home above and beyond the standard of other waterfront homes currently on the market.”

Funk and his team can be reached at (941) 957-3737 or online at www.AllisonJamesFlorida.com.

Allison James Estates & Homes, based in Punta Gorda, Florida, is a revolutionary innovator in the real estate industry. It is now considered the “Number One Internet-based real estate brokerage in the country." Allison James agents conduct business from their home offices, keep 100% of their commissions for a small monthly fee, and are truly independent contractors, who conduct business in the highest possible ethical manner.

Contact Information:
Allison James Estates & Homes
Troy Funk
800-295-8769
Contact via Email
www.allisonjamesflorida.com

Read the full story here: http://www.pr.com/press-release/519007

Press Release Distributed by PR.com

Source: PR.com

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Global Ad Men, Techies Salivate Over Death Of Television
Global Ad Men, Techies Salivate Over Death Of Television
Your television is now nothing but an extension of your X Box One. And from there, you’ll be hooked into Netflix or Hulu, or if you’re in China, maybe Youku. But it won’t be ABC in Sydney or CBS in New York or NDTV in...
 
 
The NBA's Top-Selling Jerseys: Public Perception Beats Stats And How The League Must Respond
Today the NBA released a list of the league’s most popular jerseys for the 2013-14 season based up on sales of players’ jerseys on NBAStore.com.  While the names of the 15 players who made the list arguably are not...
 
 
Advisors Versus Directors: How to Build Better Boards
Advisors Versus Directors: How to Build Better Boards
Putting together a board of directors or advisors is an opportunity. It shouldn’t be considered a hassle. It’s a rare chance to build a qualified pool of loyal mentors and colleagues who care that you succeed, in part...
 
 
Forbes Five Hip-Hop Richlist 2014: Aftermath & Analysis
Forbes Five Hip-Hop Richlist 2014: Aftermath & Analysis
The Forbes Five: Hip-Hop's Wealthiest Artists 2014 Sean “Diddy” Combs topped the latest edition of the Forbes Five list of hip-hop’s wealthiest acts with a fortune of $700 million, and in a little over 24 hours since...
 
 
 

Latest from the Network

Rachel Weisz and Daniel Craig want a baby
Rachel Weisz and Daniel Craig want to have a baby. The couple, who tied the knot in a secret ceremony in New York City in front of just four guests, including the 'Skyfall' star's daughter Ella, 22, and the actress' son...
Read more on Celebrity Balla
 
Global Ad Men, Techies Salivate Over Death Of Television
Your television is now nothing but an extension of your X Box One. And from there, you’ll be hooked into Netflix or Hulu, or if you’re in China, maybe Youku. But it won’t be ABC in Sydney or CBS in New York or NDTV in...
Read more on Business Balla
 
The NBA's Top-Selling Jerseys: Public Perception Beats Stats And How The League Must Respond
Today the NBA released a list of the league’s most popular jerseys for the 2013-14 season based up on sales of players’ jerseys on NBAStore.com.  While the names of the 15 players who made the list arguably are not...
Read more on Business Balla
 
Advisors Versus Directors: How to Build Better Boards
Putting together a board of directors or advisors is an opportunity. It shouldn’t be considered a hassle. It’s a rare chance to build a qualified pool of loyal mentors and colleagues who care that you succeed, in part...
Read more on Business Balla
 
Forbes Five Hip-Hop Richlist 2014: Aftermath & Analysis
The Forbes Five: Hip-Hop's Wealthiest Artists 2014 Sean “Diddy” Combs topped the latest edition of the Forbes Five list of hip-hop’s wealthiest acts with a fortune of $700 million, and in a little over 24 hours since...
Read more on Business Balla
 
When Experience Is Worth More Than Cash: The Rise Of The Entrepreneur-Investor
Startups, they’re so needy. A check from an angel investor or venture capital firm doesn’t quite cut it anymore. Founders are increasingly looking for hands on operational help and industry expertise as well, according...
Read more on Business Balla
 
'Captain America' Tops $500 Million To Surpass Other Superhero Franchises
As you know by now, Marvel’s Captain America: The Winter Soldier opened to a record-shattering $95 million domestic, while overseas it scored massive back-to-back weekends, bringing its worldwide total to $302 million...
Read more on Business Balla
 
SEC Halts TelexFree Pyramid Scheme
The Securities and Exchange Commission has announced it has filed charges against TelexFREE, Inc. and TelexFREE, LLC (“TelexFREE”), accusing the companies of orchestrating a massive pyramid scheme that targeted...
Read more on Business Balla
 
Social Networking Is One Thing, But What About Business To Business Networking?
LinkedIn has always been recognized as the go-to social media platform for business-minded individuals that want to network with others. It has served as a great way for entrepreneurs to publicize their credentials and...
Read more on Business Balla
 
How A False Sense Of Security Can Doom Job Seekers
By Jayne Mattson, Next Avenue Contributor It’s great to have a positive outlook if you’re an unemployed job seeker. But being unrealistically optimistic, assuming you’ll get hired immediately, is just setting yourself...
Read more on Business Balla
 
 
Auto Balla Sexy Balla Sport Balla TV Balla Politics Balla Movie Balla Apple Balla Business Balla Ad Balla Celebrity Balla