Info needed from Florida residents

[yamazee]

Hi, there are many different areas in Florida where you can get a killer deal on Real Estate right now. I would say that depending on what you want out of the area you are going to live in, the answer to your question can change dramatically. I happen to live just north of Tampa in a town called Spring Hill where I own a small Mortgage Firm. Spring Hill has been hit pretty hard by the real estate downturn, the homes that were selling for 200k or better can be purchased for pennies on the dollar. I just had a client that purchased a 1 year old home, that was never lived in, in a gated community for $105k. The house was nearly 3000 square foot of living area and appraised much higher than what he had paid for it. You can call me if you like at 727-946-0904 and I would be happy to discuss areas, and deals with you. I also have access to many of the forclosures in Florida right now, and I know that some of the banks are motivated to move them off the books. If you want check out my site at www.FHAforALL.com there is a ton of good info on there. If you go to the other coast, West Palm etc. you will still get good buys, but the real estate there is generally going to be more expensive than here so you will get less bang for the buck. If job market, industry etc is not as important to you, you may want to look at Cape Coral, its been hit particularly hard by the market down turn, but then again you buy a decent 2/2/2 on the water there for under 75k, I have had some investors go down there and buy up a few of them for as little as 50k and that is a steal for waterfront property that a few years ago was selling at close 200k or in some cases higher. I am also currently looking into the Orlando market for myself as I had a client purchase a Condo there right outside of the Universal Area for 35k and the last sale of that unit in public records in 2007 was 175k. Lots of good deals to be had down here, just depends on what you want to do when you get here for work, and what you prefferences are. If you like call me anytime and I will give you as good of advice as I can, even if you do not need a mortgage, I'm always happy to help a fellow Cobra owner. But then again if you have a Cobra, you should definately consider moving to my town because I would love to have another Cobra on the road here . Good luck with your search.