Real Estate | Jennifer Fleschner, Realtor
Home of Our Dreams
“Jen helped us find the home of our dreams in Port St. Lucie. We fell in love with a foreclosure property that wasn’t yet on the market, but it was exactly what we were looking for. She created a “New Listing Notification” for us, meaning that we were notified electronically within minutes of the property hitting the market. Even though she was out of town at the time our dream home went on the market, she remotely created a contract and placed an offer for us that same day. As it was a great house at a fantastic price, Jen advised us that there would most likely be multiple offers submitted…and she was right. Jen’s knowledge and experience helped us arrive at the right offer amount and our contract was ultimately accepted over the others. Because the home was a foreclosure through Freddie Mac's Home Steps Program, she had to utilize an entirely new online system to submit our bid -- again, all while she was out of town. Time really was of the essence and Jen came through for us big time. Jen also helped us navigate the process of getting a home inspection, selecting a lender and satisfying Freddie Mac's requirements. She made what could have been a very stressful time into an exciting journey. We should also mention that when we first moved to Port St. Lucie, Jen helped us find a rental home. We trusted her so much that we allowed her to pick the rental home without us even having seen pictures, and we couldn't have been happier. She helped us submit all the necessary paperwork even though we were 800 miles away! Jen's kind and caring nature, combined with her excellent knowledge of the field of real estate, makes for a winning combination. We would highly recommend her without reservation!" Bill and Jessica Whitt – Buyers of 197 NW Magnolia Lakes Blvd., St. Lucie West, Florida
Real Estate is the best investment you’ll ever make…if you buy it right!
I read something a long time ago that just stuck with me. It was some advice from a very successful business person and the message was…“Buy cheap cars and expensive houses!” The logic being, automobiles will depreciate while real estate will appreciate. Wealthy people know this as they often grow their real estate investment portfolios in the worst of economic times.
During this last downturn in the economy, investors were like rabid dogs gobbling up every Port St Lucie foreclosure they could get there paws on. It’s true what they say, cash is king and the people with cash did phenomenally well while the majority of Port St Lucie residents suffered economically.
Most investors did a quick renovation and flipped the real estate for a quick profit. While others rented out the houses (and there were plenty of displaced people that needed a rental) waiting for the market to trend upward so they could cash out with even higher profits.
In my opinion, these investors weren’t greedy, they were smart, and they were prepared for the right opportunity to make some serious money in real estate. For them, real estate did appreciate because they bought the properties at the right time, for the right price.
Prior to the economic down-turn, there were so many people overpaying for real estate that it was unsustainable, and really quite ridiculous. Realtors fared okay as it was like a feeding frenzy as people were driving up the prices as they competed for the same Port St Lucie properties. This is where I believe the smart real estate investors lie in wait, ready to pounce on the imminent foreclosures.
The message that I’m trying to convey is that real estate is a great investment if you buy the property for the right price. Yes, you can buy an expensive house just a long as you buy it for the right price. My opinion is that you don’t make money on real estate when you sell it; you make money on real estate when you buy it…RIGHT!