205 Coconut Key - BallenIsles - Palm Beach Gardens FL 33418
This gorgeous Courtyard Home in the Coconut Key subdivision of BallenIsles is one of Leibowitz Realty's newest offerings. It is listed for $1,299,500.
At almost 4000 sq ft, this property has 4 bedrooms, 3.5 bathrooms and a 2.5 car garage with room for your golf cart. The large, circular brick paver driveway leads right up to the entrance and blends right in with the courtyard. A spacious poolside cabana with full bathroom is there for your Guests (or In-Laws!). A full golf membership is available.
The large courtyard with pool, spa and a summer kitchen.
Of course - all the kitchen countertops are granite and the stove is gas.
Marc J Blasi Realtor® - Leibowitz Realty Group Mortgage Broker - Knightlines Mortgage Services, LLC Palm Beach Real Estate and Loans (561)-282-7406 Cell (561)-627-5100 Office (561)-627-9385 Fax Marc@LeibowitzRealty.com Email Moving Up In Palm Beach Gardens Real Estate -Great news - I've changed to a new brokerage - as of this week I am now a Real Estate Agent for Leibowitz Realty Group. Their reputation as a leader in the luxury golf/country club market is un-paralleled in Palm Beach County. You can read about the Company's history here. They just opened up a new office at Midtown @ PGA Boulevard - a perfect location that will allow me to easily continue to service my main focus areas of:
Their other office is at 210 Brazilian Avenue in Palm Beach - just a few blocks north of Worth Avenue. To see my, or any of the other Agents', listings just take a look at the Meet the Team page. There will be several changes to my personal website over the next few weeks. If for any reason you can't find what you need just call me at 561-282-7406 or email me at: marc@leibowitzrealty.com Short Sales and Foreclosures on Palm Beach Gardens Real Estate - Part 2Yesterday I started to talk about foreclosures and short sales - there is way too much confusion about them, so I'd like to simplify things a bit.
I finished up by mentioning the case of owing more on your real estate then it's actually worth or "Being Upside-down". How could that happen? Several ways:
Of course, the lower the initial Loan-to-Value (LTV) the safer you would be, regardless of the loan type. So what is FORECLOSURE? Let's start with PRE-FORECLOSURE - you've stopped making your monthly mortgage payment, now you are in DEFAULT on the loan. A red flag goes up at the bank and they let you know that you had better get back on track, quickly. At this point, get in touch with the bank DO NOT just ignore the problem! The bank isn't going to say "You seem like a good person - don't worry about it!" - but you could possibly work something out with them before the worst happens. You could go the route of the SHORT SALE - it's called that because by taking less then what they are actually owed, the bank is taking 'a short'. Here's where it gets a little complicated. You can't sell the house for what's owed so you list the property and any offers that come up go straight to the bank to approve or disapprove - you as the owner have no say in the matter. The banks really don't want to take your property from you, they already have more than enough and then they have to pay their lawyers for their work, re-list the property and try to sell it themselves (and pay more agents). So, yes, they will take less then what is owed in many cases - but how much less? More information on short sales -->>
Marc J Blasi Realtor® - Luxury Homes FL - A Thomas Real Estate Company Mortgage Broker - Knightlines Mortgage Services, LLC (561)-282-7406 Cell (561)-282-3330 Office & e-Fax www.PalmBeachRealEstateAndLoans.com
Short Sales and Foreclosures on Palm Beach Gardens Real Estate- Part 1I would like to talk a little about foreclosures and short sales today. First of all - contrary to what the newspapers seem to want to you to believe, not every homeowner is in a finincial crisis and not every home that is listed is being sold out of desperation! Take a look at HAVE to Sell vs. WANT to Sell. Are there foreclosures and short sales in Palm Beach Gardens? Certainly - but it's not the free-for-all that way too many people seem to expect.
Now that I'm done with that, I'll cover the basics.
The majority of people fall into those 2 categories. For those of you that might not fit in the above categories, continue reading -->>
Marc J Blasi Realtor® - Luxury Homes FL - A Thomas Real Estate Company Mortgage Broker - Knightlines Mortgage Services, LLC (561)-282-7406 Cell (561)-282-3330 Office & e-Fax www.PalmBeachRealEstateAndLoans.com
Do You Want to BUY Palm Beach Gardens Real Estate - Or Just Play Games?Last week I talked about being serious if you really want to SELL your Palm Beach Gardens real estate- Today I'm going to go over the other side of the tranaction - Buying - and try to cut through some of the BS that is slowing down the whole process. Many people have recently written about how real estate needs to be looked at LOCALLY not NATIONALLY. When the media talks about how bad real estate is on a national level they are doing a great disservice to everyone - the AVERAGE is one thing, every city needs to be looked at individually. There is quite a bit of real estate for sale in Palm Beach Gardens - are there some great deals available? Absolutely! But this is not Forclosure Central. Since the beginning of the year the number of Buyers that I'm working with has increased, the # of showings on my listings has gone up and the number of offers received has increased also - just as predicted, BUSY SEASON is here. The biggest current problem as I see it is that the average person has been convinced that every home can be bought for pennies on the dollar and that wastes their time, the Sellers' time and the Agents' time.
Why is this? As I already said, there's the 'national vs. local' misunderstanding and then add the fact that too many people also neglect the difference between sellers who WANT to sell and sellers who HAVE to sell. What's the difference? Read on if you're serious about Buying Palm Beach Gardens real estate -->>
Marc J Blasi Realtor® - Luxury Homes FL - A Thomas Real Estate Company Mortgage Broker - Knightlines Mortgage Services, LLC (561)-282-7406 Cell (561)-282-3330 Office & e-Fax www.PalmBeachRealEstateAndLoans.com
Do You Want to Sell Your Palm Beach Gardens Real Estate or Play Games?If that title didn't catch your eye, I don't know what will...... You and your family have decided to sell your Palm Beach Gardens real estate and I'm going to cover some things that should help make the process smoother and faster.
The most important thing is pricing the home correctly. If you didn't hear me, I said PRICING
One of the biggest problems facing Palm Beach Gardens real estate right now is the fact that so much of it is soooooo overpriced! As I've said to many people, when you're considering what your property is worth NOW:
That might sound rough, but I've got no reason to sugarcoat things. When I meet with you to to get the listing on your home I'm going to recommend a price based on the following:
In addition, I always suggest having a formal appraisal done if you'd like a second opinion. Based on that information you and I will decide the exact listing price. Too many Palm Beach agents will take a listing - regardless of how overpriced it is - and then hope that you will go for huge price drops in the future. Will they sell the property? Maybe - but only after it's been on the market for a long time and the price is dropped to what it should have been in the first place! Don't get me wrong, price adjustments are not always bad as long as you start with a realistic price to begin with and update accordingly based on new / changed listings and market conditions. Laurie Manny recently wrote an article - Chasing the Market Down - Are You Guilty?. In it she discusses the problems with REACTIVE price changes. As she demonstrates that's NOT the way to go. Proactive = GOOD, reactive = BAD. OK - we've beat up on price enough for now. More on Selling your Palm Beach Gardens real estate -->>
Marc J Blasi Realtor® - Luxury Homes FL - A Thomas Real Estate Company Mortgage Broker - Knightlines Mortgage Services, LLC (561)-282-7406 Cell (561)-282-3330 Office & e-Fax www.PalmBeachRealEstateAndLoans.com
Palm Beach Florida is one of the TOP Places to Buy a House - I Told You So.....I can talk about how great Palm Beach real estate is until I'm blue in the face - and I often do. But it never hurts to have another opinion, so I was thrilled to see what well-known real estate investor and analysist Dr. Danielle Babb had to say last week on Enterpreneur.com - The article was titled "The Best and Worst Places to Buy a Home" and you can read it HERE. This is how the article starts out: "Whether you're looking for an investment property or a place to live, here's a look at the cities you should seek out and avoid in 2008". And right there in the list of 'The Top Places to Buy' is Palm Beach, Florida - and she says the following: "Palm Beach, Florida: I'm taking a risk here because this area has been pummeled by foreclosures in 2007. But there are a lot of Boomers retiring and Palm Beach is looking mighty attractive. If you don't like this high of a risk (which translates to great prices), check out Tampa or Clearwater in the same state" Did you notice the part about the great prices? Even if you did, give it another read and make sure it settles in. Other other top rated areas are:
I can certainly tell you the same things, but I think it's important for my potential Buyers to see this advice coming from someone who is primarily in analysis, not day-to-day sales. Continue reading this Palm Beach real estate post -->>
Marc J Blasi Realtor® - Luxury Homes FL - A Thomas Real Estate Company Mortgage Broker - Knightlines Mortgage Services, LLC (561)-282-7406 Cell (561)-282-3330 Office & e-Fax www.PalmBeachRealEstateAndLoans.com
Making Palm Beach Gardens Real Estate Even More Attractive - BallenIslesPeople who regularly read my posts will know that I, along with many, many other Agents, am no fan of mass media - mainly due to the fact that they push negativity to an extreme. Face it - negativity sells! Newspapers - not real estate. So, when a newspaper prints something POSITIVE about Real Estate, I feel that I should give credit where credit is due. This weekend The Palm Beach Post featured BallenIsles as it's 'Neighborhood of the Week' and gave readers a look into one of the best Golf / Country Clubs available. I've written several posts about BallenIsles -and I've got to say that it is already an extremely desirable community, but as the Post's article points out, the $48.7 million dollar renovation to the Club's Facilities and the East Golf Course will go a long way to keep the community attractive to both current Owners and future Residents. The work is scheduled to begin in April. For more on this premium Palm Beach Gardens real estate -->>
Marc J Blasi Realtor® - Luxury Homes FL - A Thomas Real Estate Company Mortgage Broker - Knightlines Mortgage Services, LLC (561)-282-7406 Cell (561)-282-3330 Office & e-Fax www.PalmBeachRealEstateAndLoans.com
Help ME to Help YOU Find the Palm Beach Real Estate that You Really WantI don't mean to go off on a rant (with apologies to Dennis Miller) - BUT...... And I do realize that you have to take the good with the BUT...... Let's go over 2 recent Customer contacts that I have had. Both want to buy real estate in Palm Beach Gardens, one doesn't need a mortgage the other one isn't sure. Easy so far - Customer 1: I'm looking to buy a home - Me: Fantastic - let's go over your specific wants / needs and we'll take it from there- Customer 1: It's going to be for me, my wife and 2 children. We want a single family home, 4 bedrooms would be perfect. We'd need a 2 car garage, a pool would be nice, but not necessary. The quality of the local schools is very important, so I'll need as much information on them as possible. Close to shopping and the beaches would be great and I really don't want to pay more then $600,000. I'm currently selling my home, but that won't interfere with the new purchase. Oh yeah - I'll be able to pay cash so financing won't be a concern. Do you need anything else? With a tear in my eye I said "No, that pretty much covers the basics.". I quickly found several homes and we set a time to meet up in the next 2 weeks.
Now, from behind the next curtain - Customer 2: Hi, I'm looking to buy a new home for my family- Me: Fantastic - let's go over your specific wants / needs and we'll take it from there- (sound familiar to anybody?) Customer 2: (a bit upset) I just said that I was looking to buy a new home.
Marc J Blasi Realtor® - Luxury Homes FL - A Thomas Real Estate Company Mortgage Broker - Knightlines Mortgage Services, LLC (561)-282-7406 Cell (561)-282-3330 Office & e-Fax www.PalmBeachRealEstateAndLoans.com
Selling Your Palm Beach Gardens Home - Don't Make this Mistake!You are trying to sell your real estate in Palm Beach Gardens and you're sure you've done everything right. I talk to Clients all the time about pricing, legalities - the BIG things. But you'd be shocked at how many people need to be reminded about the LITTLE things - such as making sure that your house is CLEAN! Yes, that was thinly-veiled sarcasm.... I previewed several homes the other day for a client that will be coming down to buy in 2 - 3 weeks. Several were OK, but one was a mess - actually pretty dirty and the other Agent didn't seem to think that it was a problem! (Can you say 'moron'? I knew you could!) If you want to show your home off and have a chance to sell it in ANY market your home needs to be SPOTLESS- no excuses. That home that was a mess? I'll never waste my time showing it to anyone. The Owners lost a chance for a sale in the busiest time of the year in Palm Beach Gardens because they didn't spend a few hours cleaning up.
Marc J Blasi Realtor® - Luxury Homes FL - A Thomas Real Estate Company Mortgage Broker - Knightlines Mortgage Services, LLC (561)-282-7406 Cell (561)-282-3330 Office & Fax www.PalmBeachRealEstateAndLoans.com
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Palm Beach Real Estate and Loans - Marc Blasi Palm Beach Gardens, FL More about me… Leibowitz Realty / Knightlines Mortgage Office Phone: (561) 282-7406 Cell Phone: (561) 282-7406 Email Me
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