exit realty: FHA rules tough on condo sales - 08/06/08 08:03 PM
Federal Housing Administration loans for condos are so complicated that borrowers are avoiding them.Lenders say informally that the use of FHA loans to buy houses has tripled, but certain restrictions are keeping condo buyers away.To qualify for FHA funding, a building must have four or more units. Condos in three flats … (0 comments)
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exit realty: DON'T ADVERTISE - MARKET - 08/06/08 08:01 PM
In seven months, real estate marketing coach Jennifer Cummings helped Christina Martinez, one of the highest-producing real estate agents in the country, boost her commissions to $7 million from $4 million. Cummings believes the secret to success is for agents to move from "advertising" to "marketing," which involves motivating someone to … (0 comments)
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exit realty: New law gives first-time buyers $7,500 tax credit - 08/06/08 07:59 PM
Tell first-time homebuyers it's time to commit: A provision of the recently-passed federal housing recovery bill gives first-time buyers an interest-free loan of up to $7,500 in the form of an income tax credit.The credit equals 10 percent of a home's cost up to $7,500, and applies to any single-family residence … (0 comments)
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exit realty: Florida’s existing housing market shows improving conditions in June 2008 - 07/30/08 02:05 PM
Many Florida Realtors® statewide noted positive movement in their local housing markets in June, with an upswing in the statewide median price reported for both existing home sales and condominium sales over May 2008, according to the latest housing statistics released by the Florida Association of Realtors® (FAR). The statewide existing-home … (0 comments)
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exit realty: Stamp of Approval - 07/30/08 02:03 PM
Numerous Web sites display property listings, but it's unclear how often the listings are updated. "If you're looking at a database that is 12 hours old, 24 hours old or even longer, you might miss out on opportunities," says Realtor.com President Errol Samuelson. Of the 909 Multiple Listing Services that provide … (0 comments)
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exit realty: Housing Rescue - 07/30/08 01:59 PM
Congress approved mortgage relief for 400,000 struggling homeowners Saturday as part of an election-year housing plan that also aims to calm jittery financial markets and bolster the sagging economy. President Bush said he would sign it promptly, despite reservations.The measure, regarded as the most significant housing legislation in decades, lets homeowners … (0 comments)
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exit realty: DRIVE GENTLY - 07/24/08 10:31 AM
Real estate agents tend to drive at least 20,000 miles per year, and high gas prices hit them hard in the wallet. However, Edmunds.com reports that drivers can use 31 percent to 37 percent less gas by gently accelerating, and they can lower gas consumption by 12 percent to 14 percent … (2 comments)
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exit realty: Real estate market expected to improve with new president - 07/24/08 10:28 AM
A recent survey conducted by Harris Interactive on behalf of Move Inc. shows that 44 percent of homebuyers expect improvements in the housing market when the new president is installed next year.However, 81 percent of buyers are "nervous" about the housing market at the present time.Even so, 47 percent of renters … (1 comments)
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exit realty: Foreclosure defense buys homeowners time - 07/24/08 10:26 AM
As foreclosures continue to mount, borrowers who have run out of options are turning to attorneys to fight back -- and they're living mortgage-free for months in the process.Although the chances of ultimately keeping a foreclosed home are slim, for $1,500 to $3,000 some lawyers are offering to defend borrowers in … (2 comments)
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exit realty: Foreclosures on the Rise - 07/09/08 10:38 AM
Home foreclosures will keep rising next year no matter who is elected president in November.Even the optimism that surrounds a new president taking office cannot resurrect home values overnight, and presidents have no direct ability to reduce rising mortgage rates. Nevertheless, Democrat Barack Obama and Republican John McCain both promise help … (1 comments)
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exit realty: Mortage Rescue Plan - 07/09/08 10:35 AM
A mortgage rescue plan to save hundreds of thousands of homeowners from foreclosure drew overwhelming Senate support, inching toward passage despite Republican objections. The Senate voted 76-10 Monday to advance the bill, a broad array of housing measures including overhauls of the Federal Housing Administration, the Depression-era mortgage insurer, and government-sponsored … (2 comments)
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exit realty: FLorida's # 2 - 06/20/08 11:02 AM
About 40 million Americans move each year, and Florida is the No. 2 spot for relocation, second only to California, according to a survey conducted by Relocation.com. The survey finds that 19 percent of those relocating went from owning their own homes to renting, with only 15 percent shifting the other … (3 comments)
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exit realty: High Gas Prices - 06/20/08 10:56 AM
President Bush jumped into the election-year debate over high gas prices Wednesday, echoing John McCain's call to lift the ban on offshore oil drilling. Bush and McCain are pushing for more domestic oil production as the answer to an issue voters list as a top concern. Barack Obama and fellow Democrats … (3 comments)
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exit realty: Gas Prices & The Effect On Real estate - 06/20/08 10:53 AM
On Wednesday, a survey of 900 Coldwell Banker agents showed a remarkable 96 percent said that rising gas prices were a concern to their clients, and 78 percent said higher fuel costs are increasing their desire for city living.Gas prices, which have shot up $1.07 this year, are magnifying demographic trends … (0 comments)
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exit realty: Creating sales rapport magic - 06/04/08 05:40 PM
Real estate agents who want to achieve success in the buyer's market must understand the importance of building rapport with prospective buyers and understanding their experience. Rapport must be established before a sale will occur, and it is crucial that agents learn how to watch and listen to buyers instead of … (2 comments)
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exit realty: Hurricane high-risk areas lose residents - 06/04/08 05:20 PM
After decades of breakneck growth in high-risk areas, the summer hurricane season is starting with fewer Americans in harm's way. The number of people who live in coastal areas that are most vulnerable to wind and water has fallen slightly since 2000, reversing an extended boom that brought tens of thousands … (1 comments)
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exit realty: State insurance office rejects Hartford companies’ 40 percent increase - 06/04/08 05:16 PM
The Hartford insurance companies are the latest targets of the state's smackdown on property insurance rates. State officials said Monday the Office of Insurance Regulation issued a final decision Friday rejecting Hartford Insurance Co. of the Midwest and its affiliates' average statewide price increase of 40 percent requested last year. The … (0 comments)
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exit realty: Interest Rates - 06/01/08 02:52 PM
May 28, 2008 - Sounding a gong couldn't have made it clearer. Federal Reserve officials are putting out the word that further interest rate cuts are unlikely. Fed Governor Kevin Warsh ditched the central bank's cryptic word tangles and actually waxed poetic. "Even if the economy were to weaken somewhat further, … (0 comments)
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exit realty: Hurricane Policies - 06/01/08 02:49 PM
The hurricane deductible clauses in policies for homes near the coast often require the homeowner to pay some of the repair costs, typically 5 percent. So if a house insured for $200,000 is seriously damaged in a hurricane, the homeowner would have to pay $10,000 toward repairs before the insurance kicks … (0 comments)
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exit realty: Property insurence Reform - 06/01/08 02:47 PM
Gov. Crist yesterday signed property insurance reform into law, the so-called Homeowners' Bill of Rights (SB 2860 by Sen. Jeff Atwater, R-N. Palm Beach). The final version of the bill included other bills that were added as amendments, and is the biggest insurance change to come out of the 2008 Legislative … (0 comments)
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exit realty: Economy Analysis - 05/23/08 01:47 PM
The worst of the painful housing slump and the credit crunch might come to an end this year. Now the bad: The U.S. economy will weaken further and unemployment will rise. That is the latest outlook from forecasters in a survey to be released Monday by the National Association for Business … (1 comments)
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exit realty: Homeowners Rescue Package - 05/23/08 01:44 PM
Two powerful senators announced Monday they had reached an agreement for a homeowner rescue package that could help a half-million strapped borrowers get government-backed mortgages. A White House spokesman said President Bush did not have a position on the proposed bill yet. However, Bush said earlier Monday that he remains opposed … (0 comments)
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exit realty: Discount Rule For Flood Insurance - 05/23/08 01:35 PM
The Federal Emergency Management Agency (FEMA) revamped its 20 percent premium discount rule for flood insurance policies, which will impact some Florida communities, such as Indian Shores.The new rule stipulates that homes with first-floor living space that is one foot or more below FEMA's base flood elevation are ineligible for the … (0 comments)
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exit realty: Interest Rate Cuts - 05/08/08 07:02 PM
Scrambling to shore up the faltering economy, the Federal Reserve cut interest rates to the lowest point in nearly four years as the nation teetered on the edge of recession. Wall Street rallied at first Wednesday but then pulled back, concerned that the reduction might be the last for a while. … (1 comments)
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exit realty: 2008 Legislative Bills - 05/08/08 06:56 PM
Bills passed during the 2008 legislative session, which ended last Friday, could impact property owners, real estate practitioners and others with real estate interests by:Making it harder to tax properties based on the potential value - a boon to commercial property owners currently being taxed based on "highest and best use." … (0 comments)
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exit realty: Mistake of Experienced Agents - 05/08/08 06:52 PM
Experienced real estate agents may neglect to follow up with their contacts, believing that being out in the field with as many buyers and sellers as possible constitutes a busy day. However, experts say agents with automated follow-up systems accomplish more when they complete these tasks on a daily basis. Industry … (5 comments)
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exit realty: Short Sales Come Up Short - 04/30/08 07:39 PM
Realtors across the country believe mortgage lenders make the housing downturn worse by taking months to make decisions on short sales and sticking to high internal target prices. As a result, more home buyers avoid short sale properties, forcing foreclosure sales that typically result in lenders accepting lower prices than they … (4 comments)
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exit realty: Flood Insurance - 04/30/08 07:35 PM
Recommend flood insurance to your new homebuyers, and do it tomorrow. It takes 30 days for a new policy to become effective, and signing up on May 1 would make their coverage effective on June 1 for the start of Florida's hurricane season. Flood insurance helps protect against the devastating effects … (0 comments)
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exit realty: My Safe Florida Home Inspections - 04/30/08 07:32 PM
A recent survey of My Safe Florida Home (MSFH) participants revealed that 97 percent of homeowners in the program found the application process easy, 80 percent had a good or excellent experience, and 82 percent were interested in recommending the program to neighbors. The program inspects homes and provides grants to … (2 comments)
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exit realty: What is a Consumer to do? - 04/23/08 07:03 PM
"A direct impact of this national reporting is that consumers do not realize that, in reality, real estate markets are local, not national, and that the doom and gloom reports broadcast nationwide are not necessarily a true reflection of what is happening in their particular market."
Market conditions are most favorable for … (0 comments)
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exit realty: Now is the Time to Buy - 04/23/08 06:51 PM
Three of four surveyed (74 percent) agreed that the availability of homes for sale combined with special incentives make this a true "buyer's market," and more appeared ready for action. Sixteen percent of survey respondents report that they plan to purchase a home as their primary residence within the next 12 … (0 comments)
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exit realty: Ranked 7th in Closed and Sales - 04/23/08 04:45 PM
Exit Realty Premier Properties was ranked 7th in the month of March for Closed Sides and Sales Volume. This was out of a total of 26 exit offices.
Exit Realty Premier Properties8918 W. Lantana Rd, Suite 2Lake Worth, FL 33467(561)967-3948http://www.exitrealtypalmbeach.com/
… (1 comments)
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exit realty: Equus - Fine Equestrian Living - 04/14/08 03:51 PM
Equus is a gated and master planned equestrian community designed with the sophisticated equine enthusiast in mind. This is a private, gated and exclusive 280 homesite community designed with a Northern European flair and a timeless old-world feel. The Equus estate home community offers gracious country lifestyle for equine owners with … (2 comments)
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exit realty: This Isn't Just Another Search Engine Site - 04/03/08 05:52 PM
With all of the real estate search engine websites on the Internet, there's yet another search engine for realtors to help get their listings out there, and this one is packing quite a punch. It's been dubbed "The Google of Property" because it looks like it's property of Google. This new search engine site is called … (0 comments)
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exit realty: Get On The Bus - 03/31/08 10:55 PM
"Get On The Bus"With so many foreclosures in the market today, many realtors and sellers have been forced to come up with different incentives and strategies inorder to sell homes. I recently came across an upcoming sales strategy that is trying to help get the market rolling again. This new sales … (2 comments)
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exit realty: Get On The Bus - 03/31/08 10:55 PM
"Get On The Bus"With so many foreclosures in the market today, many realtors and sellers have been forced to come up with different incentives and strategies inorder to sell homes. I recently came across an upcoming sales strategy that is trying to help get the market rolling again. This new sales … (0 comments)
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exit realty: Should I Buy Now or Later? - 03/31/08 10:48 PM
Should I Buy Now or Later?"Should I Buy Now or Later?" is one if not the most poised question that a buyer asks a realtor before buying a home. Why is it that no one ever seems to asks the mortgage consultant, after all-don't you have to finance your home? So who … (0 comments)
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exit realty: Location! Location! - 03/11/08 09:46 PM
Have you ever noticed an ad in the newspaper with the phrase "Location, Location", or did you just go right passed it? Some say the phrase is meaningless, but contrary to popular belief, it's still very important and carries alot of meaning. In today's market, location could be everything and could … (0 comments)
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exit realty: Success Seminar on March 19th - 03/03/08 01:55 PM
… (1 comments)
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exit realty: Amendment 1 - 02/26/08 10:04 AM
The Passing of Amenfment 1
Amendment 1 was passed and it helps, slightly, but it is a band aid. Revenue from Real Estate taxes has increased almost 100% over the last 6 years. Yet police, fire fighters, and teachers are fighting tax reform tooth and nail. Six years ago we never lacked … (2 comments)
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exit realty: Lake Worth Home for Sale in Hilltop Acres - 02/14/08 09:24 AM
Lake Worth Home for Sale in Hilltop Acres6861 19th Drive SLake Worth, FL 33462$220,000Neat as a pin 3 bedroom, 2 bath home in Quiet Neighborhood. French doors in the family room open to the screened-in porch. Beautiful back yard is large and private. New roof and a/c in '96. Kitchen had … (0 comments)
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exit realty: The Housing Market vs. The Media - 02/13/08 06:41 PM
The Housing Market vs. The Media
I have never seen so much negativity on a subject in my life. Fact is the weather is still great, mortgage rates are at an all time low, prices have rolled back to 2002-2003 levels, and taxes and insurance rates are slowly decreasing.
The problem with the market … (2 comments)
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exit realty: How Low Will Prices Go? - 01/21/08 12:55 PM
How Low Can Home Prices Go? The media says prices are still dropping on residential real estate. As an experienced broker let me say that people who are in line with the market are at, or very near the bottom in my opinion. The only prices that will still significantly drop … (2 comments)
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exit realty: Lake Worth Home for Sale in Nautica Isles - 09/26/07 12:52 PM
Lake Worth Home for Sale in Nautica IslesNautica Isles West $489,000 5311 Island GypsyLake Worth, FL 33463This 5BR/3BA/3CG beautiful extremely large home has such features as a spectacular kitchen all upgraded appliances, tumble marble backspalsh wood cabinets with crown molding as if you were in a model home, 18" tile on diagonal, … (0 comments)
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exit realty: Lake Worth Homes for Sale in Cypress Lake Estates - 09/24/07 11:26 AM
Lake Worth Homes for Sale in Cypress Lake EstatesCypress Lake Estates is a beautiful gated community located in Lake Worth, Florida. This community offers lush landscaping, great lake views, spacious floorplans and is close to all the action: Turnpike, Mall, Dining and A-Rated Schools. This is a great single family community … (0 comments)
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exit realty: Homes for Sale in San Messina-Lake Worth, FL - 09/22/07 09:14 AM
Homes for Sale in San Messina-Lake Worth, FLSan MessinaResidents of San Messina enjoy a luxurious lifestyle in the center of the action of the western Lake Worth area just minutes from the Wellington Green mall, the Florida Turnpike, and the Palm Beach international airport. This area offers brand new schools, fine … (0 comments)
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exit realty: Homes for Sale in Wycliffe Golf & Country Club-Lake Worth, FL - 09/18/07 03:52 PM
Homes for Sale in Wycliffe Golf & Country Club-Lake Worth, FL
Wycliffe Golf & Country Club is Palm Beach County's most exciting place to live and play. Located in the heart of the Palm Beaches, in Lake Worth, FL. This magnificent country club sits on 700-plus lushly landscaped acres and is home … (0 comments)
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exit realty: The Fountains-Homes for Sale, Lake Worth, FL - 09/18/07 01:57 PM
The FountainsThe Fountains is a Private Member-owned Club in Lake Worth, Florida on 865 acres of beautifully landscaped grounds located within a gated community. The Fountains features three of the most magnificent 18 hole championship golf courses. They were designed by world famous golf architects Bob Von Hagge and Bruce Devlin . The … (0 comments)
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exit realty: Villaggio Homes for Sale-Lake Worth, FL - 09/18/07 01:11 PM
VillaggioVillaggio is an exclusive and intimate gated community of only 538 homes surrounded by lakes, golf courses and plush landscaping. Two of the communities most notable features, the Villaggio Fitness Club, with over 13,000 square feet of space, and the Villaggio Social Club together have over 35,000 square feet of recreational … (0 comments)
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exit realty: Lake Charleston Homes - 09/11/07 03:15 PM
Lake Charleston Homes For SaleLake CharlestonLake Charleston is a subdivision in Lake Worth with many affordable one and two story houses. sub-developments The average price for Lake Charleston houses ranges between $200,000 and $600,000. Residents are provided with many Lake Charleston amenities such as tennis courts, a basketball court, a heated … (0 comments)
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exit realty: Isola Bella Homes - 09/11/07 02:22 PM
Isola Bella Homes For SaleIsola Bella Isola Bella is a family oriented community located in Lake Worth, Florida. It provides a gated entrance withBeautiful landscaping with such amenities as, a clubhouse, Tennis, multiple pools, Fitness center, & Basketball Courts. The single family homes have spacious floor plans, gourmet kitchens, luxurious bathrooms, … (0 comments)
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