Special REO Disclosure and Multiple Offer Disclosure
The term “REO” shall refer to any of the following type (s) of properties:
“Foreclosure; Corporate Owned; Bank Owned; Institution Owned; PMI Co. (Private Mortgage Insurance)
or any other type (s) of property where ownership may have or has been acquired through a foreclosure
type deed, and/or any other type of deed conveyed through or by any government courthouse sale, etc.
The word “Seller” shall refer to any of the following: legal owner, representative of owner; Mortgage
Servicing Company; Mortgage Servicing Provider, etc.
Please be advised that there may be multiple offers at any given moment for the property that you are
currently placing an offer on.
The “Seller” is under NO obligation to negotiate offers in order in which they are received, and it is solely
at the discretion of the “Seller” as to which offer, if any, they elect to accept, reject or counter at any given
Listing Broker cannot guaranty or predict which offer the “Seller” will accept, counter or even consider,
and cannot disclose any criteria whatsoever relevant to any offer, nor outline any specific reason as to why
“Seller” rejected, countered this or any other offer, and/or accepted this or any other offer.
Listing Broker’s obligation is to present all offers to “Seller” in a timely manner once received, and there is
no pre-determined time frame for “Seller” to act upon said offer. “Seller” MAY or MAY NOT act upon
any offer received.
At no time shall “Buyer” or “Buyers Agent” assume that any offer has been accepted until a “Fully
Executed Contract” has been delivered to “Buyer” and/or “Buyer’s agent, attorney, representative, etc.
OFFERS ACCEPTED BY SELLER VIA VERBAL, LETTER, FAX, EMAIL, OTHER ELECTRONIC
TELECOMUNICATION, ETC., ARE NOT TO BE CONSTRUED TO BE A LEGALLY BINDING
This “REO DISCLOSURE” is directed to “Buyer’s Agent” as well and shall be adhered to by “Buyer’s
It is the sole responsibility of “Buyer and/or Buyer’s Agent” to incorporate any and all “Seller’s
Addendum: required by “Seller.” Offers received without “Seller’s Addendum” will not be submitted to
Seller will select and choose Escrow/Closing Agent and all escrow monies shall be held by seller’s Escrow
Agent NO EXCEPTIONS. Seller will pay for buyer’s title insurance as per special addendum to contract.
Buyer will be charged a commission of $495.00 upon a successful closing of this Transaction payable
to the listing broker. Edward E. Cambas, Lic. Real Estate Broker. Buyer agrees to allow Broker place a lien on property to secure
payment if necessary. Buyer waives all homestead rights to this lien.
Buyer(s) and selling agent hereby acknowledge to have read and understood this disclosure prior to
signing contract and all other addendums to the contract including this disclosure.
__________________________ Date:__________ _________________________ Date:___________
__________________________ Date:__________ _________________________ Date:___________
Selling Agent License Number _______________
Effective July 22nd, 2004, the web application has been changed as follows:
The option to cancel inspections from today's route has been modified
to allow cancellation from 6:00 am to 8:00 am only
Please make one selection, enter the required information (shown in bold lettering) and
click the Submit button or press the Tab key and then press Enter.
08-19-2015 5:21:25 PM CST
Flat Fee MLS services since 1992. Florida By Owner was originally estabished by Edward Cambas in 1992 to assist homeowners in saving money while still providing MLS access so that the property is exposed to the Real Estate Licensees. We contend that we are the first firm in Florida and possibly in tihe entire U.S. to provide such services.
1. Freedom to sell on your own and not pay any commissions.
2. Pay 3% total if and only if the property is successfully sold and closed by a Real Estate Licensee.
3. You completely control the showings on the property including any open houses. In addition, you are responsible for showing the property.
4. You maintain and control the sign in the yard and are able to advertise the property at will to the general public.
5. Property Listings include Commercial, Rentals, Condos and Single Family residences.
6. Your MLS posting will proliferate out to over 50 Professional Websites such as Zillow, Trulia, Realtor.com, Yahoo Real Estate and more.
7. Other services are available for an additional fee. (1% Trotal fee paid to our brokerage for handling the contracting part of the transaction)
Clubhouse: With grand hall, party kitchen, billiard room, lounge area, kids playroom, sauna, BBQ/pavilion.
Fitness Center: State-of-the art equipment.
HOA: Ask an NHC for more details.
Park: Over 30 acres of lakes, parks and green spaces plus walking trails.
Swimming Pool: Infinity edge pool and kids splash zone.
Tot Lot: Slide and fun for the kids!
The grand clubhouse will span over 13,000 total sq. ft. and has been beautifully designed for the enjoyment of residents and their families. The grand hall will be perfect for birthdays and special celebrations, outdoor sitting area with fire-pit for casual get-togethers, BBQ pavilion, covered terrace with sitting areas, and relaxing sun-deck, areas for pool side relaxation or sun bathing. Residents will also enjoy the Grand infinity-edge style pool with built in loungers and a kids splash zone. The fitness center will have state-of-the art equipment. Kids will be able to play in the indoor playroom or outside at the tot lot. There will also be a billiard room, lounge area, women and men’s saunas and over 30 acres o flakes, parks and green spaces plus walking trails and so much more!
Breathability and sweat wicking power. The Nike Core Fitted Girls T Shirts are made with Dri-FIT fabric and a mesh back panel to help keep you comfortable and ventilated during competition. Dri-FIT fabric wick sweat away and help keep you dry and comfortable. Rib V-Neck with interior taping for a comortable fit. Mesh panel at back for enhanced ventilation. Screen print at front for style.
07-18-2015 7:55:41 PM CST
Edward Cambas - 305-684-3076 is An equal housing Opportunity Lic. Real Estate Broker and Travel Agent. He has over 30 years total experience in Business Development and Real Estate and here is some of the story. I started working at the age of 15 years old raising funds for the Police Benevelent Association (PBA). In the mid 1980's an opportunity presented itself to work in Real Esate. Initially I started working with Ariel Quintella selling properties in Lutz and doing general sales. I also worked at Century 21 Geiger and ERA the Polo Group on Dale Mabry Hwy.
Following with the trends of the time In 1990 I became licensed as a Series 7 Registered Representative and began to raise capital as an investment advisor/ stock broker. This was kind of like what you see in the movies with all of the large paychecks. We were living in a fantasy world of glitz and glammer although making 200 cold calls every day has it's drawbacks. I can remember going for happy hour beers and appetisers at rocky point near the beach in Tampa. Then it was back to the office to cold call for a couple hours before heading home for the evening. I later became licensed as a Series 24 and was a managing director for a New York Investment Banking Firm and acting Principal for the Tampa offices.
05-26-2012 7:13:00 AM CST
05-21-2012 8:33:17 AM CST
Unlocked Cell Phones from the desk of Eddie Cambas at Techcellular.
A short sale in Real Estate is the sale of a home or piece of property for an amount that is “short” of the full amount owed on that property. It is usually done when a property’s fair market value is less than what the property can be sold for. (For example, you owe $380,000 and your house has lost value and is now only worth $310,000). A short sale is also referred to as a Pre-Foreclosure sale and can be beneficial to homeowners that are facing foreclosure.
Most mortgage lenders will consider a short sale if the homeowner has fallen or is about to fall behind on their payments. Once a homeowner has fallen behind on their payments, they will begin to receive phone calls and letters from their mortgage company. This can be very distressing since most people don’t know what their options are at that point. Most of the time the mortgage companies will try to get their money by encouraging a loan modification in which they will set up an arrangement with the owner to make increased payments for a certain amount of time to cover the defaulted amount. (Of course, if someone can’t afford their regular payment, then an increased payment is not an option!)
A short sale is an option that mortgage lenders are doing more and more. Usually the short sale process takes up to 60 days, however, if there is more than one lien on the property, the time frame may be longer because each lien holder has to agree in writing to a short payoff. Any escrowed funds, (i.e. taxes & insurance that are included in the regular monthly payment) will not be refunded to the borrower after the closing of a short sale. Any and all funds are surrendered to the primary lien holder. A short sale will adversely affect the homeowner’s credit.
Short selling a home can be a very lengthy and demanding process. Most lenders won’t consider a short sale unless the homeowner is working with a real estate agent. Once someone has decided to do a short sale, they should interview a few agents in their area and find one that has experience in working with and negotiating short sales with the mortgage companies. This also relieves the owner of the stress of dealing with their lender directly.
A short sale is a good option for someone who is facing foreclosure or has a recent hardship due to job-loss, illness, divorce, or death. The process is quite arduous and requires much cooperation on the part of the borrower to provide financial documentation, letters of circumstance, tax documents, bank statements and any other documentation required by the lending institution(s). A homeowner’s financial circumstances will influence the lender’s decision to approve or deny the short sale. These circumstances are also related to the current market and the offer being submitted. In the long run, a short sale is a good way for homeowners to avoid foreclosure and bankruptcy.
05-14-2012 5:20:36 PM CST
Seven Seas Spa & Salon Miami Beach Resort and Spa
Relax & rejuvenate at Seven Seas Spa and Salon, located in Florida’s Riviera. Take your relaxation to another level with an Aveda lifestyle experience that will transform you from the inside out. Our enlightened team of beauty and spa professionals will pamper you with an unparalleled journey of the senses. Indulge in our state of the art, luxurious retreat of rest & renewal, emerging with a glow and inner peace that only the Seven Seas can provide.
From our Signature Swedish massage, deep cleansing skin and detoxifying body services to OPI, Essie, Minx, Shellac, & Axxiom nail treatments and our Aveda & MAC makeup application, or hair treatments including products from Aveda, Hot Heads hair extensions, feather extensions, & Inoar Keratin treatments, all of your wellness and beautification needs and desires can be provided during your Seven Seas experience. Lounge in 6,000 square feet of zen sound, scent, & lighting, while being indulged with the best products in the world, restoring balance and peace to the mind & completing your transformation.
Receive VIP treatment with complimentary champagne, mineral water, Aveda calming tea, healthy refreshments, luxurious bath robes, ergonomic bath slippers, & valet with any spa service. When you complete your services, join us for the day in our steam rooms, at our poolside tiki bar, private beach, or catch up with complimentary WIFI.
Are you ready to schedule your day of bliss? Book online: or contact our Spa Concierge at 305.749.2100. Our commitment to excellence is guaranteed to provide the getaway your mind and body will appreciate, from head to toe.
05-14-2012 5:16:56 PM CST
Kitchen 305 Restaurant in Miami Beach
Kitchen 305 offers an exciting and unique dining experience where creative plating techniques showcase distinctive gastronomic American-eclectic fare at its best. Where South Beach meets Sunny Isles Beach, Kitchen 305 offers great food and a fun dining in a chic setting. Located in the home of the former Newport Pub, Kitchen 305 has been voted to be a “Top Hot Spot” by miami.com.
Children accompanying their parents can enjoy family dining at Kitchen 305 while ordering off the Kids Menu.
A weekly line-up of fun filled evenings such as all you can eat Main Lobster on Wednesdays and all you can eat Stone Crab on Fridays. The latest in 80s, 90s and today, offering top Miami D.J.s and popular bands making Kitchen 305 the perfect location for a night-on-the-town or a special event. Kitchen 305 is open daily at 5:30 PM for cocktails and dinner. Reservations are highly recommended and hotel guests get preferred seating.
For more info about things to do in Sunny Isles contact Eddie Cambas by clicking contact us on the front of the website.
05-12-2012 6:26:19 PM CST
Purchase a SIM card with activation code. From the affilliate desk of Edward Cambas.
Real estate appraising is the evaluation of property including the land, the dwellings and all the features on it. Although everyone knows it is necessary to appraise real estate to sell it, there are many other reasons people would contact a real estate appraiser.
Establish value to buy insurance.
Settle insurance claims.
Establish market value to sell a home or buy new property.
Establish market value to refinance or use for collateral on another loan.
Assess current value to get rid of obligation to buy property mortgage insurance. (If value has risen, owner's percentage of equity in property may have increased enough to eliminate the lender's requirement to pay for property mortgage insurance.)
Reduce property taxes. (If market value or property value has decreased since the property tax assessor last valued it.)
Estate settlement (to be dispersed to heirs or sold).
Division of assets to establish market value in case of divorce, dissolutions of partnerships, etc.
Conduct a right-of-way or easement appraisal. (If owner must sell a piece of land for road widening or to grant an easement, an appraiser can make sure they are paid the fair current market value.)
Business appraisals for the purchase, liquidations, financing or estate tax settlement businesses.
Special requirements for appraisals for FHA and VA loans, which not all real estate appraisers meet.
Remember, real estate appraisers must be state-licensed and certified.
Professional affiliation is also available with the National Association of Independent Fee appraisers, which offers a professionally recognized testing and certifying program to afford reasonable assurance to the general public of professional expertise, integrity and responsibility.
Some other credentials to look for: IFA (member), IFAA (agricultural member), IFAS (senior member) or IFAC (appraiser-counselor).