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daytona real estate: No, They Are Not You… - 05/25/12 11:27 PM
My clients bought a condo unit in Bella Vista in Daytona Beach Shores for a very good price. They still have money and are thinking of investing, but are very particular about the buildings. It has to be a nice one, and nice one by their standards. When in 2 months the listing agent called me about the short sale he had there and said that the bank agreed to a very significantly reduced priced (by $100K), I sent my clients an e-mail suggesting that they buy this unit, and then resell for a nice profit. They ask questions. They need … (49 comments)
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daytona real estate: Frequently Asked Question: Why I Can’t Just Bring A Cashier’s Check To Closing - 05/20/12 05:52 PM
We have a Closing for a condo-hotel studio on the beach scheduled for Thursday, and when I tell the Buyer that they would need to wire the money to the Closing Attorney, she said that she would bring a cashier’s check. And when I tell her that she would have to wire money, she is asking me why can’t she simply bring the cashier’s check? Actually you can bring a Cashier’s check, but if you choose so, you would need to do it a few days before the Closing day, so that the Closing agent can deposit the check and make … (10 comments)
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daytona real estate: Nothing Against You But... - 05/12/12 10:43 PM
I ran into this while surfing through emails. It is by far not the only one. People (and agents) contact me about condo-hotels, and demand that I provide condo docs, minutes of the Board Meetings, financial statements of the Condo owners Association, their budget, proof of reserves... And when we do not volunteer all that without the accepted offer, they get upset. This one is is from the Buyer.
"Nothing against you but this is one of the many problems I have with realtors. Ashley (Owners Realtions Manager - J.Z.) said the realtors could help me get the financials from the … (12 comments)
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daytona real estate: Next Door Celestial Neighbor - 05/06/12 11:58 AM
We were walking on the beach in Daytona Beach Shores yesterday, which is what we always do on weekends and, maybe, a couple of times during the week. It was getting late, and we were coming back to the park, where we parked our car, when I noticed that everybody were taking photos with there phones and cameras pointing to the ocean. The sun was no longer up, so I could not understand what was there that they were taking photos of. I turned and there was a huge moon rising from the ocean. I went to my car and grabbed … (14 comments)
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daytona real estate: I Drive Less Than 100 Miles A Week - 05/06/12 09:41 AM
Guilty as charged. Yes, on average I drive less than 100 miles a week. I read Michael Thornton’s post (not so) Speechless Sundae ~ 5.6.12... and then I read comments and I thought that this was not my case. Michael wrote about his new 4-wheel toy – Chevy Volt, and mentioned that he drove 500 miles in one week. The comments are filled with more surprise (and envy) to this fact rather than phenomenal Chevy Volt’s fuel economy. Maybe it is a great car, but it is not for me, a condo dweller. I wouldn’t be able to charge it in … (13 comments)
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daytona real estate: The Love Affair That Lasts... - 05/05/12 11:38 PM
Daytona is a famous event place. Everybody knows about races in Daytona Beach in February and July, Bikeweek in March and Biketoberfest in October , Turkey Run in November and some smaller event, which are the magnet bringing people to the area.
And like every event place in the world, one day there are people everywhere, and the next day it is a ghost town. Luckily there are people who take charge. And for the second year Al Brewer is organizing this Art of the Automobile -- A Lifestyle Event. According to the News-Journal article “Art of the Automobile will … (10 comments)
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daytona real estate: Muddy Crystal Ball - 05/04/12 10:51 PM
A local investor owns several units in Daytona Beach Shores. We know that he loves Salida Del Sol condo building, has a unit there.
Nice building, completed in 2006. Good location south of Dunlawton Ave on A1A. 43 three-bedroom units. Good size, breathtaking views.
We called him about a unit there in $200s. He laughed at us saying that there was another unit, that went to foreclosure, and the Lender got it back. He said he would wait till it pops back as REO and would buy it for $190K.
We doubt that it will be at $190K, as the … (6 comments)
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daytona real estate: How To Pay More or The Lure of the Auction - 05/01/12 11:13 PM
- Why do I need you when I can buy at an auction?
Ever heard it before? And it comes from someone, who calls an agent (me) to ask about the property, which he is planning to bid for. Funny, isn’t it? The latest hype in Daytona is that inexpensive condo-hotels are now on the Auction channel on TV. How they got the inventory? They are buying the least expensive units. I have 7 condo-hotel units under contract with them, and plus several where my Sellers have countered and the auction network is still thinking. Other agents are doing the same, … (24 comments)
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daytona real estate: Is It Spring After Long Distressed Real Estate Winter in Daytona? - 04/08/12 10:10 AM
Something is happening in Daytona. It is difficult to show units in Condo-hotels. A few days ago in the middle of the week I came to the Front Desk in Oceanside Inn and asked for a key to a double unit to show to the prospect. It was occupied. I asked for a key to any other similar double unit, and they told me that they did not have units available.
They were packed. And my client was leaving next morning. As an exception to the rule not to show dirty rooms, the General Manager James Dion took us to one … (4 comments)
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daytona real estate: Oceans Eight Condominiums. Daytona Beach Shores. Market Snapshot. April 2012 - 04/07/12 11:50 PM
Oceans Eight Condominiums. Daytona Beach Shores. Market Snapshot. April 2012
Oceans Eight is a 21-story building in The Oceans in Daytona Beach Shores. No 13th floor, no units on the first floor, 9 units per floor, bringing the total number of units to 168.
Part of The Oceans in Daytona Beach Shores, this condominium building was completed in 1996 making it is one of the newest oceanfront buildings in The Oceans.
Amenities include outdoor oceanfront pool and a large indoor pool, which is perfect for the winter. Not that you can't swim here in winter, vacationers do swim, but 62F -68F is too cold for locals.
… (25 comments)
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daytona real estate: My Perfect Condo - 03/18/12 05:53 PM
I want to wake up with the sun rising and watch it right from my bed.
I need the sun for as much as I can. I did not come here to hide in a shade…
It has to be in oceanfront building but not on the noisy street side… cause I hate bikers
It has to be 2 bedr/2 baths
It should have a laundry in the unit, not on the floor
It has to have heated pool
And the list goes on…
There are two problems with this list. One is that if you wake up to the rising … (8 comments)
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daytona real estate: Daytona Beach Shores. March 2012 - 03/18/12 03:17 PM
Daytona Beach Shores. March 2012
Daytona is getting ready for summer. Bikers are rolling out, two weeks of fun, noise and roar of thousands of Harley is practically over, and this starts our real estate hot and passionate season.
People think that Bikeweek is a big deal in Real Estate, but it is not. It is the opposite. It is dead as it can be. And same thing during the races. People come with agenda. It is bikes, beer and fun, and it is not real estate.
But with the roar of Harley disappearing in the distance, the real estate boom … (1 comments)
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daytona real estate: Will The Prices Go Back To 2006? - 03/05/12 11:09 PM
When we prepare a market report, we always the peak of the market figures. And then we would say that the today's price is 50 cents on a dollar... But which dollar? Dollar of 2006?
- Will the prices go to where they were in 2006?
In Florida the question is not «if», the real question is «when».
- Nope, it will not happen for a very long time if ever.
Yeah, yeah, yeah... Nothing new under the sun. I heard that in 2003, and then in 2004 the prices were so much higher, and just kept going up.
… (22 comments)
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daytona real estate: Market is Changing - 02/26/12 11:11 PM
We have been watching foreclosure sale at the county court. When we have the client, we go and bid, if not, we keep track of some of the properties, which we find interesting.
This over 3,000 sf house on Daytona's beachside attracted our attention because it had a lot of character. It is unfortunate that it belonged to a Real Estate broker and his wife, an agent, who buckled under the pressure of the market.
They have heavily invested in the house, added second story, made it a Spanish styled home with beautiful tiled floors throughout, a lot of cast iron (fences … (2 comments)
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daytona real estate: High Net Worth Homeless - 10/30/11 11:21 PM
For a few years I was in contact with an attorney/CPA, who was heavily involved in buying and selling Real Estate. I even sold a few properties for him...
He used to live in fancy expensive houses and condos, and he was selling them every two years, as this was the minimum requirement for avoiding the capital gains tax.
It was strikingly obvious to me that he did not have a home. He was a guest in the luxury he owned. Or maybe this luxury owned him? He basically did not have a home. Not a well designed house like a … (24 comments)
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daytona real estate: A Good Call - 10/30/11 09:17 PM
I received a call from the agent. It is Sunday, and not many agents are working on Sundays.
Barbara told me she wanted to preview a townhome we listed in gated Pelican Bay in Daytona Beach. Her customers come to town tomorrow and she is previewing properties for them.
I like the way this agent operates. This is the best way to familiarize yourself with the inventory, and act professionally. I remembered an excellent blog post by J. Philip FarandaJust Show the House where he described how agents substitute first hand experience by a lengthy telephone conversation.
The worst thing agents … (7 comments)
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daytona real estate: Perfect Evening in Daytona Beach Shores - 10/01/11 02:22 PM
Perfect evening in Daytona Beach Shores. Air temperature – 83F, water temperature – 83F. It all changes tomorrow as the first cold front is coming and for the first time in several months night temperature will fall below 70F. They say that on Saturday we will not go higher than 78F, and after high 80s and low 90s for months, it will feel like winter (don't laugh at me, it is all relative...)
But today I am enjoying this warm temperature. The water is so perfect, that I did not want to get out of the Ocean. This is the beauty … (8 comments)
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daytona real estate: Mutual Disappointment - 08/20/11 08:56 PM
I do not have buyers this weekend, but I have two showings of our listing in Towers Grande in Daytona Beach Shores. We actually have more showings but others have lockboxes, but Towers Grande, like many other condos, do not allow lock boxes. Plus the managers are not there on weekends and getting into the building is not easy on weekends unless you have the Master key.
This is a short sale, and we are in a rush to beat the foreclosure. It is a 3 bdr/3bath 2,140 sf oceanview condo in Towers Grande, built in 2004. The price reflects the … (11 comments)
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daytona real estate: Buyers That Never Buy - 04/11/11 01:21 AM
Lucille is a very lovely lady in her mid 70. She is still working in a local supermarket, but she talks about retiring. She came from Carolina and is renting here for the last 2 years. Her son and her teenager granddaughter are with her, at least for now.
They are referred by a friend of mine. Lucille is quietly smiling, and her son does all the talking. They are looking for something inexpensive for Lucille. My sixth sense tells me that they are not serious buyers. Something in the conversation made me think this way, either what was said, the … (22 comments)
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daytona real estate: The Buyer Has A Tenant... Watch - 07/29/10 06:59 PM
Here’s the story. My friend sold his house. The house was old, maybe 100-years old, but in that area it was not unusual.
The Buyer was an investor and had a tenant for that house. For some reason the closing was delayed by one week, and the Buyer asked the Seller to allow the tenant to occupy the house on the 1st of the month, which was a week before the new Closing date.
The Seller was already out of State, did not see any trouble with it and agreed.
The Buyer signed the lead-based paint disclosure, stating that the Seller was … (14 comments)
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Jon Zolsky, your Daytona Beach, Florida connection
Daytona Beach,
FL
More about me…
Jon Zolsky, Daytona Beach, FL. FunCoast Realty, 386-405-4408
Address: 313 S Atlantic Ave., Suite A, Daytona Beach, FL, 32118
Office Phone: (386) 255-5355
Cell Phone: (386) 405-4408
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