Weekly Local Lehigh Acres New Spot

Home Improvement Ideas

Now is not the time to sell if you don't absolutely have to so many homeowners are turning to restoring old, refurbishing and renovating their existing homes. There are many ideas that you do-it-yourselfers can tackle with a little time and some small expense, can make a huge change in how your home looks and feels. For this week's blog, we will give you a few quick easy ways to spruce up your kitchen.

Let's start with lighting. You can go a long way with updating your lighting with some track lighting or hanging tube lighting both available at most home improvement stores like Lowes or Home Depot. Mood lighting with candles, oil lamps and dimmers make a dramatic look vs the old hard lighting regular standard light bulbs or flourescents create.

Not happy with your cabinets? Why not paint your old ones. There is some great paint out there again available at local hardware stores and can real update your old cabinets on a budject that is affordable.

One last consideration is to cover your old countertops with tile. You can do it an a much lower budjet than marble or granite and it really can make a difference to pick up the room and dress it up.

If you are on a budget than can afford some outside contractor work, we can help you. We are painting contractors and work with a general contractor to do any and all home renovations at a price that might pleasantly surprise you. Give us a call at 239-303-1318 for a no cost evaluation or price quote.

Housing Statistics:

Lehigh Acres snapshot of the last 24 hours sold 11 homes at an average price of 53,622. There are 34 new homes that hit the market today at an average price of $115,591. 85% of these homes are banked owned properties. This time last year we had sold in the month of Feburary 58 homes at an average of $133,419. This year the decease is 147% in price at an average of $54,419. You ask if the deals are out there? Yes Yes Yes they are. Call us today to find out what deals are out there for you.

In The News:

"Lehigh Reputation takes big hit" This is the headlines of the News Star (Local Lehigh Acres Paper) The New Yorker Paper had an article that named Lehigh Acres one of America's potential new "slums". I am disgusted personally about how this article was written and I beg to differ. I am not saying that Lehigh Acres doesn't have it's problems but it's mostly due to the unsuspecting people that were taken advantage of by the big banks and disgracefull lenders that took many nice hardworking folks, wrung them up and twisted them up and now spit them out as wasted as they foreclose one after another on homes they should have never lent them money in the first place to buy. And then to make things even worse, in case they didn't do enough harm, they now foreclose and sell the houses to someone else at 1/4th of the price they sold it for the first time. When the buyers asks for modification to avoid the foreclosure, they are told the help is available. In fact most times the help available is not enough to save them. So the cost is passed on to the bank to foreclose, manage and resell at a price that is out of control low. How's that for fair? Is there anywhere we can call safe anymore? The New Yorker should look at their own neighborhood and take the plank out of their own eye before taking the speck out of ours. Lehigh Acres will come out of this, bigger and better and we will be a growing community of mostly hardworking good folk that want to be part of a neighborhood of decent human beings and you all will see!

Hot Buys:

How about $48,000 for a 3/2 pool home in Lehigh Acres? That's right. 4113 2nd St SW Lehigh Acres is a property that has a pool, a fenced in back yard, a shed and lot's of potential. Call us today for more information and a showing at AAA Realty LLC 239-368-8520.

Gov't May Force Banks to Reduce Homeowners Mortgages to Meet Market

Capital Hill debates go on and this very controversial legislation looks like it's on the fast track to be passed into law, maybe as soon a the end of February (This very month).

You may have heard it called "Cramdown" legislation and it's designed to help financially distressed homeowners from losing their homes to foreclosure. So the idea is in a Chapter 13 bankruptcy, the homeowner shows that they owe $200,000 on their home but the home is now only worth $80,000 the courts will tell the banks that now the homeowner only owes you $80,000 and you can't foreclose, so live with it.

What are your thoughts?  This sounds too good to be true for some and has others completely up in arms thinking about the people that will take "advantage" of such a law and may default even if they really could pay their mortgage.  

My opinion, for what it is worth is that it could be great for some very unsuspecting people that were taking advantage of by unscrupulous mortgage brokers, banks and Realtors.  Ouch did I just say that?  Sorry but it really is true.  Many people were taken advantage of and the guilty of the originators is what it is.  So again in my humble opinion, there needs to be laws in place to stop that and if the banks suffer some more because of it, well so be it.  They may learn a thing or two- Those that are left.

My advice and only my opinion again is that if you are in a position that you need to possibly foreclose on your property, talk to a lawyer first.  Get advice from them and only after you really know all the facts, should you go forward with your plans to foreclose.  The time you take could save your home, a lot of aggravation and many sleepless nights.

For more information on foreclosures, feel free to contact us at 239-368-8520.

AAA Realty LLC 

55 Homestead Rd N

Lehigh Acres, FL 33936