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You can reach Jim at walkerbagwell@aol.com or 321-213-0615

Thursday, October 16, 2008

"Vote for me and I'll set you free"


Courtesy of “The Temptations” from “Ball of Confusion”

It doesn’t matter who you support as a candidate, it is a personal decision. The important thing is just to vote. Vote your conscious, vote your mind but just vote.
“This is Jim Bagwell and I support this message”

With the stock market being what it is we are seeing some relief in the Real Estate market since the property invested in is a tangible asset. Hopefully it will never be worth 0. We are having a very good month as a Real Estate company contributed to the very downturn of the financial market. Real Estate is always the safest investment if you find the value. I tell myself I won’t look at the stock market and my 401K but I can’t help myself, it is like watching a train wreck.

As far as the Merritt Island, Viera market goes in value, I do believe it is there.

Favorite closings this month.

Not a short sale, listed at $299,900 closed at $254,900. 2432 sq ft, 3 car garage, pool and built in 1997. We have sold several in this neighborhood and it appears to be a great place to live.

Brand new home with 2700 sq ft, 2 story on a lake. Listed at $279,400 sold for $275,000, new home with warranty.

Brand new home on a golf course in Merritt Island, listed at $399,900 and sold for $375,000. 3256 sq ft on .34 acre on the golf course.

Short sale in Viera! Listed at $195,000 and sold for $202,000. 2236 sq ft, 2 car garage and in a great community.

Favorite listings

A home in Merritt Island, foreclosure and listed at $142,500. This home is in a great area convenient to everything and has 2000 sq ft with 2 car garage. Built in 1997, this is a good buy regardless of condition.

Merritt Island home on the Banana River, .41 acre, 2700 sq ft and built in 1997. Priced at $609,900.

Foreclosed home in Merritt Island. 1248 sq ft, 1 car garage and built in 1962, the value is the price $68,900.

I recently had a friend tell me that a agent was looking for a home in a specific price range and couldn’t find a property. The mistake the agent made was that he looked only in the price range and not above the price. In today’s market you have to search sometimes $100,000 over the price range to allow for negotiation.

Just food for thought!

Jim Bagwell

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