Cape Coral Florida's Real Estate Guide

WASHINGTON - Dec. 2, 2011 - Fannie Mae and Freddie Mac announced yesterday that they would suspend evictions of foreclosed single family and 2-4 unit properties from Dec. 19, 2011, through Jan. 2, 2012. While lenders will continue completing legal and administrative paperwork, no families will be thrown onto the street over the holidays.

"The holidays are meant for families to spend time together, especially if they've gone through the stress of financial challenges and foreclosure," said Terry Edwards, Fannie Mae's executive vice president of credit portfolio management. "No family should have to give up their home during this holiday season. Fannie Mae is committed to helping borrowers avoid foreclosure whenever possible and we encourage any homeowner who is having difficulty making their payment to reach out for help."

While Fannie Mae and Freddie Mac back roughly half the mortgages in the U.S., some lenders also promised to place a moratorium on evictions over the holidays. Bank of America and Wells Fargo, for example, told CNNMoney that they had no plans to evict troubled homeowners before 2012.

Beyond altruism, the mortgage industry hopes to avoid bad publicity at a time of year when news stories focus on charity and kindness.

The eviction moratoriums apply only to owner-occupied homes.

© 2011 Florida Realtors®

This is a Short Sale subject to existing lender's approval which could result in delays. Naples Florida Beauty!!  Nice three bedroom, two bath 2 car garage villa. Vaulted ceiling, double walk in closets in master, tile and hardwood floors throughout living area's. Large private lanai. Great gated community, great location!!

Call " The Best Realty Team" for more information!

What a deal in the highly sought after Sail Harbour Gated Community! This is the lowest priced 3 bedroom 1 car garage unit in the community! Check out this move-in ready 3 bedroom 2 1/2 bath townhome. This is one of the hottest communities in South Fort Myers. With over 1800 sq.ft. of living space, this property has tile throughout the first floor, upgraded corian countertops and a new backplash. All kitchen appliances included. Brand new carpet on all stairs and throughout the second floor. Tons and tons of closet space! Two walk-in closets in the Master bedroom. His and her vanity sink and separate shower and garden tub! The HOA includes High Speed Internet, Basic Cable and Phone. Close to Sanibel and Fort Myers Beach. Values are rising quickly! Act now!

Call " The Best Realty Team" for your private showing today!

This is a Short Sale subject to existing lender's approval which could result in delays. BANK APPROVED PRICE!! Upscale Gated Golfing Community! 3 Bed, 2 Bath w/Pool, Brick Pavered Driveway Large Caged Pool 8' Glass Sliders To Large Covered Under Truss Back Porch Backs Up To Wooded Preserve-Very Private & Quiet Back Yard, High Ceilings, Large Open Kitchen w/Solid Surface Counters, Breakfast Bar, Pantry, Inside Laundry Room, Arched Doorways & Windows, Beautiful Lush Landscaping Lighted Palms Trees in back yard, Walking Distance To Miromar Outlet w/Fine Dining, Shopping and 1-75.

Call " The Best Realty Team" for more details...

This is a Short Sale subject to existing lender's approval which could result in delays. BANK APPROVED PRICE!!!!!!!. Great Cape Coral location with lots of potential. This home will truly make you feel like you live in paradise, your own private oasis with pool and tiki hut, mature landscaping Huge kitchen with tons of counter space.  The home was painted and the roof was replaced just a few years ago! Close to schools and shopping.. AGAIN, this is SHORT SALE APPROVED!!!!

Call " The Best Realty Team" for more details and price~!