From now through 7/31/2009 you can buy 113 San Marita Way in BallenIsles and get a full golf membership and a golf cart at no extra cost!
It really is simple - to expedite the sale of 113 San Marita Way, the Owners are giving away their full golf membership at BallenIsles Golf/Country Club AND the Buyer will also get a golf cart.
Not a bad deal.......
BallenIsles has been ranked as one of the top 5 Most Highly Thought of Residential Club Communities in America by the Platinum Club and now you have the opportunity to purchase one of the best homes in the subdivision and get a bonus.
Call me at 561-282-7406 to set up a time to see the property.
You just want to find out how much your place is currently worth to see if you made a good investment.
The reason doesn't matter - you just want to know the value of Property 'A' and you need the figure to be as accurate as possible.
Without a doubt, the BEST way is to hire a Professional Appraiser
For any one Appraiser to be successful he/she needs to be as accurate as possible. Valuation is all that they do so if they don't do their very best, they won't be around the business for long. BTW, if financing is involved, using an Appraiser is your ONLY choice.
Next best would be to get a CMA from a Real Estate Agent or Broker
They will take a look at your home and compare it to the most recent sales (w/in the last 6 months) of the most comparable properties or COMPS. It's very important that you use someone that specializes in the area you're interested in because they have detailed local knowledge.
Finally, we've arrived at the WORST possible choice - automated on-line property valuations.
People like to use them because they are anonymous, free and quick. However they are incredibly inaccurate! I'm not going to mention a specific company because they are all bad.
As an example, let's specifically look at Palm Beach County. By one site's own admission, only 54% of the homes sold in the County come in within 20% of the site's estimated value. In other words, their values are off by more than 20% in 46% of the cases! Granted, garbage in, garbage out - if the site hasn't collected enough accurate data they can't be expected to be too accurate.
The problem crops up when the general public runs a search on one of the sites and takes the value as the end-all-be-all.
If you want to see just how inaccurate the values are, try several of the sites the spread of values on the same piece of property will make you laugh (or cry).
When dealing with what will probably be the biggest purchase of your life you need ACCURATE, not QUICK.
Believe it or not, some people are starting to RAISE the prices on their homes! Folks, please, get a grip. If your home has not sold in a reasonable amount of time you should lower the price NOT increase it!
I've seen several owners in the area do this - but what really caught my eye was a listing in one of the local golf / country clubs that had been wallowing on the market for a long time.
All figures will be approximate as to not insult the people who should, well, really be insulted! But keep in mind that I am trying to help here.
This particular home sold in 3/08 for 435,000 and a few months later it was re-listed for more then DOUBLE. This happened when values were still headed down.
What were they thinking?
The price comes down a bit over the next few months and it winds up in the high $700's - still way too high. Can you guess what the next step was? I hope you're sitting down - not only do they raise the price, they take it up to nearly 1 million!
Mind -boggling.
Forget 'what' are they thinking, now the question is: ARE they thinking AT ALL?
OK, today's rant is over. I need some coffee and aspirin.
Contact me if you are serious about selling your home.
Someone approached me in the grocery store yesterday and said that he knew that I was in real estate, but since I 'only handle Buyers and Sellers' could I recommend someone to help him find a rental?!?!
I was shocked!
I don't know why anyone would make that assumption because
or rentals in the surrounding areas, don't hesitate to give me a call at 561-282-7406.
AND if you are going to need a seasonal rental (Dec, Jan, Feb, March) we need to start working on it NOW - last year quite a few people contacted me in November and they were surprised to find out that they were out of luck. Don't wait too long.....
If you've been looking for great deals on new condos, you'd be hard pressed to do better then the units at Midtown at the Gardens located right off of PGA Boulevard.
There are still some units available, but after the most recent price drop they won't be around for long.
You can actually get brand new units with stainless GE appliances, granite countertops and much more starting around $115,000.
These aren't short sales or any kind of crazy deal, they are just a perfect example of real estate that is priced TO SELL!
Call me (561-282-7406) any time to set up a showing while these properties are still available.
An article written by Anne D'Innocenzo titled "US Consumer Confidence Soars in April" starts off this way:
"Hopeful signs that the worst may be over for the economy boosted Americans' moods in April, sending a closely watched barometer of sentiment to the highest level since November.
The New York-based Conference Board said Tuesday that its Consumer Confidence Index rose more than 12 points to 39.2, up from a revised 26.9 in March. The reading marks the highest level since November's 44.7 and well surpasses economists' expectations for 29.5."
Now, as the typically negative media would be quick to point out, it is still on the low side but no one realistically expected things to turn around overnight.
This is a start - a very good one - and not just for Buyers and Sellers of Palm Beach Gardens real estate but for the entire country.
We've been beaten up by all of the negativity. Some of it real of course - but quite a bit created out of thin air by our 'friends' in the mass media who know that negativity sells. It may sell newspapers, but it only helps to stall the economy's recovery. I don't know about you, but I'm sick of it.
The latest buzz in the home finance world is................. Mortgage Modification.
There's nothing wrong with trying to get your home loan modified so that it becomes more affordable - it's done every day and it really can help out a lot of people.
BUT...
Did you know that you can do the work yourself?
That's right, you don't need to pay someone thousands of dollars to get your mortgage modified - what you need to do is call your lender and discuss your situation directly with them.
There's no guarantee that they will be able to do exactly what you want, but all it takes is a phone call to get the ball rolling.
The only time I would suggest having someone do the work for you is if you have absolutely no extra time to do the work yourself - then you are basically paying for someone to do a bunch of annoying phone / paperwork.
If you do decide to go that route, just make sure that you run screaming in the other direction if someone even hints about an upfront charge.
Another thing you want to avoid is a self-titled 'Mortgage Modification Expert' - trust me, there aren't any! The program just started.
I don't know why the mortgage industry keeps spawning more and more garbage, but the flow seems to be endless!
For those of you that are looking for the absolute best in golf / country club living...
Old Marsh Golf Club is a private, gated 456 acre community limited to only 180 luxury homes and less than 300 Equity Memberships.
While Membership is not required to live in Old Marsh, I can't imagine anyone not wanting to be able to use the phenomenal Pete Dye designed course that runs through the middle of the property.
The 7,021 yard course winds through 456 acres of marsh and was crafted to blend with nature, not to overpower it. As Mr. Dye says: "...I believe there's a real tempo about the course that tests and measures the players much in the same way they are tested on the old Scottish courses."
Another plus (or 2) - when you want to play, you play - no tee times are required and the Caddie Program is considered to be one of the finest in the South.
Just west of Jog road, Old Marsh is minutes from the best shopping and dining in Palm Beach Gardens as well as being just a short drive from the beach.
Currently there are 14 properties listed for sale from $985,000 to $4,995,000.
I think the Club's literature says it best: "For the fortunate few, Old Marsh offers a special privileged quality of life that is simply unequaled."
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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