Caroline Graduate of UCLA 1986 (Go Bruins). In 1994 she moved from Laguna Beach California Lee county Florida were she began her real estate career selling new construction homes in Cape Coral. In 1997 Caroline wanted to expand her career so she Licensed Realtor. Holding a Real Estate License now gave her the ability to sell vacant land, New and Resale Single Family homes, Condos, Duplex, Water Front and Non-Waterfront properties throughout Lee County and Collier county. In 2000 The Meyers Group a nationwide real estate data provider and consulting firm hired Caroline as their only research associate in Lee and North Collier County. The residential construction information Caroline gathered was used for real estate development and new-home construction planning. Builders, developers, financial institutions, manufacturers, commercial developers, and retailers all rely on our housing activity data to gain a strategic advantage in their planning, and to support business decisions at both a national and regional level. This position provided Caroline with vast knowledge of the local Real Estate Market. As we all know the Real estate market is ever changing and continuing education is a priority to Caroline. She has now become an expert in Short Sale and Foreclosure negotiations. Today many sellers are finding that the current market value of their home falls of the balance owed to the mortgage holder. When a lender often decides to short sell the property at a loss rather then foreclose which involves hefty fees for the bank and poorer credit report for the borrower. Caroline has the knowledge and resources to help you decide if a short sale is your best option. Foreclosures are a fast paced and tricky business in todays local real estate market. Having a Realtor with years of local knowledge and experience is vital when buying a foreclosure. You can expect that the bank that owns the Foreclosed property will have little if any material knowledge of the property or its surrounding community. With out the expertise of a full time Realtor like Caroline you can easily end up buying a foreclosure that ends up being more trouble then you could have ever predicted. Not only can foreclosures have hidden defects they also are selling at a very fast pace. Since the market values have fluctuated so rapidly the banks that are holding foreclosures are having a hard time pricing them so it has become a Buyers market. Many Foreclosures are being priced very low. You can find foreclosures that are only a few years old under $70.00 per square foot. Any contractor will tell you that it is impossible for them to duplicate in new construction what we are seeing in the foreclosure market. So buyers a buying and bidding wars have begun. The correction has started when we see 10 offers come in on a foreclosure in 48 hours. Buyers are more then willing to pay above ask price to foreclosed properties that are now 1/3 or even a 1/4 of the pricing we just saw 2 years ago. Caroline will tell you that buyers who moved away a few years do to high prices are coming back to buy their dream home for a fraction of the price. Thank you for taking the time to get to know Caroline Sheehy 'Realtor'. Would like Caroline to work for you on your next real estate transaction email her at CarolinesEmailaddress@yahoo.com or just give her a call (239) 707-0317. |