Frequently Asked Questions

Yes Cypress Fairway is Gated with one main entry Gate. Additionally, they have a Security Company that patrols the complex.

Yes all units have w/d in unit or if not have space to put a full size in

Yes all have built in alarms in them - you must hook up a phone line to get it working.

Garages and Carports in community for some units - not attached. Otherwise it is reserved parking.

You can offer anything you want. The bank/seller will either decline it, go with another offer, counter offer or accept it.

HOA fees vary from what I hear the 1/1 goes from $150/mo and the 3/2 go up to $350/mo. Any current one for sale just contact us and we can give you the exact amount.

It depends, if the short sale has been approved by the bank then that is a green light. However, most agents take a short sale listing and put it on the MLS. Once they get an offer they submit this offer to the bank with the current owners financial burden. The banks review this offer and the current owners financial situation. Depending on the bank/lender, this process could take months to over a year. After all this time, if the bank thinks the current owner isn't financially distressed they will not approve the short sale, and you will have waited that entire time with nothing to show for it. A lot of investors put in multiple offers on a lot of short sales, and just wait until they get approvals from the bank and then decide if they would like to purchase it.

A short sale means that the current owner is trying to sell the property for short of the loan they have on it. This would require them showing their lender they cannot afford the home anymore, and the best possible move for the bank is to short sale it and let them out of the loan.

When you buy a unit in Florida, our title companies give you title insurance. This means that the title company accepts liability against all leans or something that could arise in the future, so you own the unit free and clear when you get title insurance.

If they accept your offer - you will either need to leave a small escrow deposit until the closing happens. You can cancel your contract all the way up until you sign the papers to buy it. However, you may lose your escrow deposit if they accept your offer and you back out.

These units usually get multiple offers so they will go with the highest offer. If they have multiple offers they usually tell all parties to resubmit their highest and best offer and they will choose one based on the offer and how fast the person can close on the unit.