Palm Beach County FL Real Estate

Tax Savings

Lu Cohen (Realty Associates) — Fri, 02 Apr 2010 18:32:07 -0700

Tax Credits for Solar Water Heaters

A federal tax credit makes energy-efficient solar water heaters a more affordable and sustainable option for many homeowners. Read
Tax Credits for Replacing Heating and Cooling Systems

Upgrading to an energy-efficient heating and cooling system can save hundreds on your utility bills and earn you a tax credit worth as much as $1,500. Read
Tax Credits for Replacing Your Roof

Replacing your roof with a qualifying energy-efficient metal or asphalt roof can cut your cooling bill and earn you a $1,500 tax credit. Read
Tax Credits for Adding or Replacing Insulation

A federal tax credit makes adding insulation an even cheaper way to improve your home’s energy efficiency and cut your heating and cooling bills. Read
Tax Credits for Replacing Windows, Doors, and Skylights

If money seems to be escaping through drafty windows, doors, and skylights, this federal tax credit might make energy-efficient replacements more affordable. Read

Visit houselogic.com for more articles like this.

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

Possible Help for Homeowners with Chinese Drywall

Lu Cohen (Realty Associates) — Fri, 12 Mar 2010 12:23:04 -0800

Crist appeals to FEMA for drywall aid

TALLAHASSEE, Fla. - March 11, 2010 - Governor Charlie Crist directed Interim Emergency Management Director David Halstead to write a letter to Federal Emergency Management Agency (FEMA) Regional Administrator Phillip May regarding federal assistance for Floridians affected by defective drywall.

In the letter, the governor asks FEMA to "conduct a preliminary damage assessment related to the issue caused by the degradation of Chinese drywall used in homebuilding in Florida." According to the Florida Office of Insurance Regulation, "Homeowners' insurance does not cover the damages cause by the Chinese drywall."

"While the health implications remain under investigation, it is undisputed the Chinese drywall corrodes copper and other metal surfaces, causing the degradation of non-performance of wiring, plumbing, appliances and smoke detectors," the letter says.

While some cases have likely not been reported yet, the Florida Department of Health (FDOH), working with property appraisers in Florida's 67 counties, compiled a list of the problems. According to FDOH, 530 Florida homes meet the "threshold for being impacted. Further, county property appraisers in Florida have identified 2505 homes that have had their value adjusted downward based on damage from the presence of toxic Chinese drywall. An additional 846 claims for adjustment due to the presence of Chinese drywall are pending."

FDOH also compiled a list of the top 12 counties impacted by the presence of toxic drywall: Lee (86 cases), Broward (65), Palm Beach (63), Miami-Dade (57), Hillsborough (55), St. Lucie (50), Indian River (35), Sarasota (17), Collier (16), Manatee (13), Pasco (11) and Charlotte (10).

The complete letter is available online.

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

Possible Help with Chinese Drywall

Lu Cohen (Realty Associates) — Fri, 12 Mar 2010 12:19:36 -0800

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

short sale update,short sale guidelines,how do i do a short sale

Lu Cohen (Realty Associates) — Mon, 14 Dec 2009 18:31:30 -0800

Home Affordable Foreclosure Alternatives Program (HAFA)

On November 30, 2009, the Treasury Department released guidelines and forms for its new Home Affordable Foreclosure Alternatives Program (HAFA). HAFA is part of the Home Affordable Modification Program (HAMP). HAFA provides incentives in connection with a short sale or a deed-in-lieu of foreclosure (DIL) used to avoid foreclosure on a loan eligible for modification under the HAMP program. Servicers participating in HAMP are also required to comply with HAFA. A list of servicers participating in HAMP is available at MakingHomeAffordable.gov.

HAFA applies to loans not owned or guaranteed by Fannie Mae or Freddie Mac, which will issue their own versions of HAFA in coming weeks.

HAFA is a complex program, with 43 pages of guidelines and forms, designed to simplify and streamline use of short sales and deeds-in-lieu of foreclosure. HAFA:

Complements HAMP by providing a viable alternative for borrowers (the current homeowners) who are HAMP eligible but nevertheless unable to keep their home.
Uses borrower financial and hardship information already collected in connection with consideration of a loan modification.
Allows borrowers to receive pre-approved short sales terms before listing the property (including the minimum acceptable net proceeds).
Prohibits the servicers from requiring a reduction in the real estate commission agreed upon in the listing agreement (up to 6 percent).
Requires borrowers to be fully released from future liability for the first mortgage debt (no cash contribution, promissory note, or deficiency judgment is allowed).
Uses standard processes, documents, and timeframes/deadlines.
Provides financial incentives: $1,500 for borrower relocation assistance; $1,000 for servicers to cover administrative and processing costs; and up to $1,000 for investors for allowing a total of up to $3,000 in short sale proceeds to be distributed to subordinate lien holders (on a one-for-three matching basis).

The program does not take effect until April 5, 2010, but servicers may implement it before then if they meet certain requirements. The program sunsets on December 31, 2012.

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

Condo Sales on the Rise

Lu Cohen (Realty Associates) — Mon, 23 Nov 2009 18:19:41 -0800

Florida Sales Report - October 2009

Existing Condominiums

	Realtor Sales	Median Sales Price
Statewide & Metropolitan Statistical Areas (MSAs)	October 2009	October 2008	% Chge	October 2009	October 2008	% Chge
STATEWIDE* (1)	5,398	2,958	82	$105,200	$147,900	-29
STATEWIDE-YEAR-TO-DATE	45,128	32,643	38	$108,500	$170,400	-36
Daytona Beach	134	65	106	$148,900	$188,300	-21
Fort Lauderdale	926	551	68	$83,200	$115,200	-28
Fort Myers-Cape Coral	377	155	143	$118,300	$185,300	-36
Fort Pierce-Port St. Lucie	105	64	64	$93,800	$105,000	-11
Fort Walton Beach	94	47	100	$250,000	$260,700	-4
Gainesville	22	18	22	$116,700	$133,300	-12
Jacksonville (2)	109	54	102	$92,500	$156,000	-41
Lakeland-Winter Haven	29	4	625	$61,700	$70,000	-12
Melbourne-Titusville-Palm Bay	118	79	49	$105,700	$133,800	-21
Miami	647	439	47	$138,400	$197,400	-30
Ocala	4	1	300	$55,000	$55,000	-
Orlando	612	145	322	$53,500	$102,000	-48
Panama City	60	32	88	$205,000	$200,000	3
Pensacola	41	36	14	$295,000	$180,000	64
Punta Gorda	34	19	79	$83,300	$110,000	-24
Sarasota-Bradenton	249	113	120	$152,800	$212,500	-28
Tallahassee	4	1	300	$110,000	$170,000	-35
Tampa-St. Petersburg-Clearwater	798	399	100	$102,400	$125,200	-18
West Palm Beach-Boca Raton	766	481	59	$109,300	$135,800	-20

•(1) *Statewide figure includes data from the Naples Area Board of Realtors; it also includes data from the Marco Island
Association of Realtors.

•(2) Data from the St. Augustine-St. Johns County Board of Realtors is not available.

Editor's note: Sales numbers represent totals of Realtors' closed transactions from local Realtor
boards/associations within the MSAs.

This information is based on a survey of MLS sales levels from local Realtor boards/associations. MSAs are defined by the 2000 Census. Source: Florida Realtors® and the University of Florida Bergstrom Center for Real Estate Studies.

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

Sales increase..

Lu Cohen (Realty Associates) — Mon, 23 Nov 2009 18:14:24 -0800

Florida Sales Report - October 2009

Existing Condominiums

	Realtor Sales	Median Sales Price
Statewide & Metropolitan Statistical Areas (MSAs)	October 2009	October 2008	% Chge	October 2009	October 2008	% Chge
STATEWIDE* (1)	5,398	2,958	82	$105,200	$147,900	-29
STATEWIDE-YEAR-TO-DATE	45,128	32,643	38	$108,500	$170,400	-36
Daytona Beach	134	65	106	$148,900	$188,300	-21
Fort Lauderdale	926	551	68	$83,200	$115,200	-28
Fort Myers-Cape Coral	377	155	143	$118,300	$185,300	-36
Fort Pierce-Port St. Lucie	105	64	64	$93,800	$105,000	-11
Fort Walton Beach	94	47	100	$250,000	$260,700	-4
Gainesville	22	18	22	$116,700	$133,300	-12
Jacksonville (2)	109	54	102	$92,500	$156,000	-41
Lakeland-Winter Haven	29	4	625	$61,700	$70,000	-12
Melbourne-Titusville-Palm Bay	118	79	49	$105,700	$133,800	-21
Miami	647	439	47	$138,400	$197,400	-30
Ocala	4	1	300	$55,000	$55,000	-
Orlando	612	145	322	$53,500	$102,000	-48
Panama City	60	32	88	$205,000	$200,000	3
Pensacola	41	36	14	$295,000	$180,000	64
Punta Gorda	34	19	79	$83,300	$110,000	-24
Sarasota-Bradenton	249	113	120	$152,800	$212,500	-28
Tallahassee	4	1	300	$110,000	$170,000	-35
Tampa-St. Petersburg-Clearwater	798	399	100	$102,400	$125,200	-18
West Palm Beach-Boca Raton	766	481	59	$109,300	$135,800	-20

•(1) *Statewide figure includes data from the Naples Area Board of Realtors; it also includes data from the Marco Island
Association of Realtors.

•(2) Data from the St. Augustine-St. Johns County Board of Realtors is not available.

Editor's note: Sales numbers represent totals of Realtors' closed transactions from local Realtor
boards/associations within the MSAs.

This information is based on a survey of MLS sales levels from local Realtor boards/associations. MSAs are defined by the 2000 Census. Source: Florida Realtors® and the University of Florida

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

not to late with tax update

Lu Cohen (Realty Associates) — Thu, 12 Nov 2009 18:07:52 -0800

Who is Eligible
-First-time homebuyers, who are defined by the law as buyers who have not owned a principal residence during the three-year period prior to the purchase, may be eligible for up to an $8,000 tax credit.
-Existing homeowners who have been residing in their principal residence for five consecutive years out of the last eight and are purchasing a home to be their principal residence ("repeat buyer"), may be eligible for up to a $6,500 tax credit.
-All U.S. citizens who file taxes are eligible to participate in the program.

Income Limits
Homebuyers who file as single or head-of-household taxpayers can claim the full credit ($8,000 for first-time buyers and $6,500 for repeat buyers) if their modified adjusted gross income (MAGI) is less than $125,000.
-For married couples filing a joint return, the combined income limit is $225,000.
-Single or head-of-household taxpayers who earn between $125,000 and $145,000, and married couples who earn between $225,000 and $245,000 are eligible to receive a partial credit.
-The credit is not available for single taxpayers whose MAGI is greater than $145,000 and married couples with a MAGI that exceeds $245,000.

Effective Dates
-The eligibility period for the tax credit is for homes purchased after Nov. 6, 2009, and before May 1, 2010. However, home purchases subject to a binding sales contract signed by April 30, 2010, will qualify for the tax credit provided closing occurs prior to July 1, 2010.

Types of Homes that Qualify
-All homes with a purchase price of less than $800,000 qualify, including newly-constructed or resale, and single-family detached, townhomes or condominiums, provided that the home will be used as their principal residence. Vacation home and rental property purchases do NOT qualify.

Tax Credit is Refundable
-A refundable credit means that if the amount of income taxes you owe is less than the credit amount you qualify for, the government will send you a check for the difference.

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

NAR UPDATE ON TAX CREDIT

Lu Cohen (Realty Associates) — Thu, 05 Nov 2009 15:57:41 -0800

Tax credit extension passes House and Senate

WASHINGTON - Nov. 5, 2009 - The $8,000, first-time homebuyer tax credit has not yet been extended beyond its Nov. 30 end date, but it's very close to gaining a longer life.

The extension was added as an amendment to an existing bill, HR 3548, that extends unemployment benefits. The U.S. Senate passed that bill on Wednesday and, after debate, the U.S. House passed HR 3548 this afternoon. It now needs only President Obama's signature to become law, and the White House has indicated it will sign it, perhaps as early as tomorrow.

Until the president signs the bill, however, it is not law.

In addition to extending the tax credit for first-time homebuyers under the current rules, the bill adds a smaller tax credit for move-up homebuyers who have lived in the house for five of the past seven years. The bill also increases the income limits of homebuyers from $75,000 (single) to $125,000; and from $150,000 (married) to $225,000.

Florida downpayment assistance

After the president signs the bill and extends the tax credit, the Florida Homebuyer Opportunity Program - a downpayment and closing costs assistance program relating to the federal tax credit -automatically gets extended too. The state still has about $28 million available for homebuyers. The money is essentially a loan to first-time buyers; they receive it upfront, use it for a downpayment or other costs, and pay it back once they get their federal refund.

For more information on the Florida Homebuyer Opportunity Program, visit the Homebuyer Center on floridarealtors.org: http://www.floridarealtors.org/AboutFar/homebuyercenter/index.cfm

Also check floridarealtors.org for updates as they're released; and, after the tax credit extension becomes law, details on the new program.

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

TAX CREDIT UPDATE

Lu Cohen (Realty Associates) — Sat, 31 Oct 2009 09:55:22 -0700

October 30, 2009-(MCT/The Wall Street Journal)-The Senate has reached a compromise on extending and expanding the $8,000 tax credit for first-time home buyers, a boost the housing industry believes will help it pull out of its two-year-old downturn.

While its passage remains uncertain, the agreement would extend the existing credit for first-time homebuyers, worth up to $8,000, while offering a new credit of up to $6,500 for some existing homeowners, Senate aides said. The reduced credit would be available to all homebuyers who have been in their current residence for a consecutive five-year period in the past eight years. Lawmakers in Washington also raised the qualifying income limits to $125,000 for single taxpayers and $250,000 for joint taxpayers, from the current $75,000 and $150,000, housing-industry sources said. Under the Senate compromise, buyers must have sales agreements in hand by April 30, but they will have until June 30 to go to settlement, said the sources. The measure still faces votes in the full Senate and the House.

Treasury Secretary Tim Geithner and HUD Secretary Shaun Donovan are in full support of the Senate's proposal to both extend and expand the first-time homebuyer tax credit and called on Congress to approve key housing measures that include the tax credit. "We welcome efforts taken by Congress to extend the First-Time Homebuyer Tax Credit for a limited period. This credit has brought new families into the housing market and contributed to three consecutive months of rising home prices nationwide," said Secretaries Geithner and Donovan. "In extending the credit, we urge Congress to include strict measures to combat tax fraud and protect responsible homeowners."

The current tax credit did little for the new-home market in September, the Commerce Department recently reported-news that took many industry analysts by surprise. Sales fell 3.6% from August and 7.8% from September 2008. Industry observers had expected a fifth consecutive monthly increase in new-home sales, believing that the tax incentive for qualified first-time buyers-credited with 357,000 sales of previously owned homes so far this year-would do the trick. Instead, sales of typically more expensive newly built houses slipped. "The decline in new-home sales seems to us to be more a function of the attractive pricing available on resales in the current environment than a reflection of weakening demand," said Michael Feder, president of Radar Logic in New York, which tracks the market.

"Since hitting rock bottom in March, demand is up 20 percent," said Joel L. Naroff of Naroff Economic Advisers in Holland, Pa. For Naroff, the robust rise in existing-home purchases-9.2% year over year in September-indicated that the housing market was not faltering. "Maybe the issue is supply, which fell to its lowest level in 27 years," he said. "Builders, at least those left standing, have been making sure they don't have any houses sitting around, and they have been very successful in controlling inventories."

IHS Global Insight economist Patrick Newport echoed that, noting new-home inventories "sank for the 29th straight month to their lowest level since November 1982." Naroff maintained housing has recovered enough to stand without the tax credit, but Newport said that if the credit were not extended and expanded, housing demand would take a hit, and home sales would drop.

The new provisions are aimed at broadening availability of the credit beyond first-time buyers and giving the weakened real estate market a bigger boost while preventing real estate investors from benefitting. While Senate lawmakers appear to have reached a deal on the substance of the tax credit, they are still at odds over how it would be brought to the Senate floor.

(c) 2009, The Philadelphia Inquirer.

Distributed by McClatchy-Tribune Information Services.

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

NAR UPDATE ON TAX CREDIT

Lu Cohen (Realty Associates) — Thu, 29 Oct 2009 16:59:31 -0700

The National Association of REALTORS® (NAR) sent the following update this morning regarding the extension and expansion of the $8,000 First-Time Homebuyer Tax Credit being debated in Congress right now:

"We've heard from a lot of you this morning that saw news reports about the tax credit. The bottom line is that nothing has been voted on at this time.

Senate leaders of both parties, key Senate Finance Committee members and staff and Tax Credit Sponsors Sen. Chris Dodd (D-CT), Sen. Joe Lieberman (I-CT) and Sen. Johnny Isakson (R-GA) have agreed on extending and expanding the housing tax credit.

However, there is no agreement on how to attach this tax credit to the pending Unemployment Insurance bill or whether to offer the tax credit agreement on another bill or whether to bring the agreement to the Senate floor and vote upon it as a separate, stand-alone bill.

After Senate action¾if passed¾the legislation must still go to the House of Representatives for consideration. There are still a number of steps to take before anything is final."

NAR has shared the details of the provisions included in the Extended and Expanded Tax Credit agreement:

Amount: $8,000

Who: First-time homebuyers (same definition as current law)

Amount: $6,500

Who: Repeat purchasers who have used previous home as a principal residence for five of the eight previous years.

Income Limits: $125,000 for single filers/$225,000 for joint filers. Same for both first-time and repeat/move-up buyers

Limitation on cost purchased home: $800,000

Time Frame: December 1, 2009 to April 30, 2010, plus 60-day extension if binding contract is in place by April 30, 2010

Anti-fraud measures have been added.

PLEASE NOTE: NO VOTE HAS BEEN TAKEN IN THE SENATE. IF VOTED ON AND PASSED IN THE SENATE, THE BILL THEN MUST GO TO THE HOUSE OF REPRESENTATIVES FOR CONSIDERATION.

REALTORS® should keep responding to our Call For Action by calling and writing their members of congress to support the tax credit extension. To send a Call For Action and for all the latest updates on the tax credit, please visit NAR's REALTOR® Action Center at www.realtoractioncenter.com.

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

Extension of Tax Credit

Lu Cohen (Realty Associates) — Tue, 27 Oct 2009 18:24:33 -0700

NAR Hard at Work- The United States Senate is expected to vote today on a bill to extend Unemployment Insurance benefits. This bill will contain the Dodd - Lieberman - Isakson Amendment to Extend and Expand the $8,000 First Time Homebuyer Tax Credit. The Extended and Expanded Tax Credit will contain the following provisions: Amount: $8,000 Eligibility: ALL HOME BUYERS (Step-up buyers will have to have lived in their current home for 7* years to be eligible) Income Limits: $125,000 for single filers/$225,000 for joint filers Time Frame: December 1, 2009 to April 30, 2010 plus 60 Day extension if binding contract is in place by April 30, 2010 *The 7 year ownership requirement is designed to lower the "score" or cost of the tax credit. This is still open to change. The Congressional Budget Office is going to "score" the cost of 3 year and 5 year requirements. We are continuing to push for step-up buyers to be required in their current home for a three year period of time. NAR will be monitoring the progress and any potential changes to the bill. NAR will send out a notice when the legislation is voted on tonight--regardless of how late into the night or early into the morning the debate continues. Stay tuned!

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

Featured Homes for Sale in Palm Beach County Florida

Lu Cohen (Realty Associates) — Sun, 25 Oct 2009 00:11:27 -0700

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

DIY Home Staging Tips & Tricks!

Lu Cohen (Realty Associates) — Sun, 25 Oct 2009 00:05:44 -0700

Once your home goes on the market, it becomes a product. Home Styling or Staging simply allows you to highlight the best of your home and de-emphasize its flaws. It's not about decorating, but actually turning your home into a model, to appeal to the broadest range of prospective buyers. The goal is to make people feel like they could live there, and the best way to do this is to "neutralize" the surroundings.

Try out these helpful styling tips taken from Setting the Stage - REALTOR® Magazine Online. They've compiled the best tips from stagers and real estate pros-things you can do for little or no expense-to put a home in prime showing shape.

Clear out closets and clutter-sellers can give away or pack up toys, linens, and small kitchen appliances to store offsite. Buyers are also forgiving of storage boxes neatly tucked away in a garage or basement.
Focus most on the most visible areas-the foyer, kitchen, living room, master bedroom, and family room.
De-personalize the home by removing photos, mementos, and dated items.
Use plants in colorful pots or inexpensive wicker baskets to fill in empty spaces.
Look to home catalogs for little details on beautifying the home. For instance, group books, pictures, and objets d'art appealingly on bookcases.
Try angling one or two pieces of furniture slightly and move furniture 4 inches to 6 inches from the wall to create more interesting room spaces.
Put away large collections- porcelains, plates, and so on.
Remove valuables, prescription medicine, collectibles, and breakables.
Trim trees, prune shrubs, and make sure the lawn is mowed and watered regularly.
In summer, turn on the sprinklers for five minutes, 30 minutes before the open house. It makes the lawn and driveway sparkle.
Refrain from cooking anything that leaves a distinctive odor, such as fish, garlic, or cabbage.
Hire a professional service to clean the home, including the carpets and the windows.
Set the dining room table with attractive linens, dishes, and stemware.
Arrange fresh or silk flowers throughout the home.
Light a fire in the fireplace in fall and winter.
A mirror in a pretty frame can make a small room feel more open.
Use as much natural light as possible. Add extra lamps in dark rooms or corners.
Make functional repairs-fix dripping faucets, sticking doors, and broken fences.
Bring in another pair of eyes-even if it's not a professional stylist. The person may see problems you and have missed.

For more information on DIY home staging, Visit our Home Staging Page!

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

Featured Homes for Rent in Palm Beach County Florida

Lu Cohen (Realty Associates) — Sat, 24 Oct 2009 23:57:50 -0700

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

CMAs are not only for prospective sellers...

Lu Cohen (Realty Associates) — Sat, 24 Oct 2009 23:17:59 -0700

CMA is real estate shorthand for "Comparative Market Analysis." A CMA is a report prepared by a real estate agent providing data comparing your property to similar properties in the marketplace.

CMAs are not only for prospective sellers. Buyers should consider requesting a CMA for properties they are seriously looking at to determine whether the asking price is a true reflection of the current market. Owners who are upgrading or remodeling can benefit from a CMA when it's used to see if the intended changes will "over-improve" their property compared to others in the neighborhood.

The first thing an agent will need to do to provide you with a CMA is to inspect your property. Generally, this inspection won't be overly detailed (she or he is not going to crawl under the house to examine the foundation), nor does the house need to be totally cleaned up and ready for an open house. It should be in such a condition that the agent will be able to make an accurate assessment of its condition and worth. If you plan to make changes before selling, inform the agent at this time.

The next step is for the agent to obtain data on comparable properties. This data is usually available through MLS (Multiple Listing Service), but a qualified agent will also know of properties that are on the market or have sold without being part of the MLS. This will give the agent an idea how much your property is worth in the current market. Please note that the CMA is not an appraisal. An appraisal must be performed by a licensed appraiser.

The CMA process takes place before your home is listed for sale. This is a good assessment of what your house could potentially sell for.

Click Here to Receive Your No Obligation Home Market Value

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

Residential Development Short Sale - Greenacres, FL - Whispering Winds

Lu Cohen (Realty Associates) — Sat, 24 Oct 2009 23:03:35 -0700

$1,300,000 - Short sale residential developement located in Greenacres Florida. A total of 32 units were to be built. One unit is complete with a CO.

The other seven units are in various stages of construction including waiting for final plumbing approval.

The site is improved with a road, underground utlities including sewer already in place for remaining units, small cabana area with unfinished pool.

Area is mostly residential and within walking distance of commercial properties There are $200,000 worth of open permits.

Address: 3807 Wallace Street
Type: Condominium
Style: Attached Villas Development Level: Renovation
Bedrooms: 3
Bathrooms: 2
Garage: Single
Size: 1,664 sq. ft. "Living Square Feet per unit"
Lot Type: Rectangular
Lot Size: 4.5 acres
Year Built: 2005

Click Here for Full Details & Virtual Tour!

_________________________________________________

Lurena "Lu" Cohen
Southeast Florida Realtor®
(561) 577-6730
www.LuCohen.com

Palm Beach County FL Real Estate

Tax Savings

Tax Credits for Solar Water Heaters

Tax Credits for Replacing Heating and Cooling Systems

Tax Credits for Replacing Your Roof

Tax Credits for Adding or Replacing Insulation

Tax Credits for Replacing Windows, Doors, and Skylights

Possible Help for Homeowners with Chinese Drywall

Possible Help with Chinese Drywall

short sale update,short sale guidelines,how do i do a short sale

Condo Sales on the Rise

Sales increase..

not to late with tax update

NAR UPDATE ON TAX CREDIT

TAX CREDIT UPDATE

NAR UPDATE ON TAX CREDIT

Extension of Tax Credit

Featured Homes for Sale in Palm Beach County Florida

DIY Home Staging Tips & Tricks!

Featured Homes for Rent in Palm Beach County Florida

CMAs are not only for prospective sellers...

Residential Development Short Sale - Greenacres, FL - Whispering Winds