"Weston, Florida Real Estate" has seen the Biggest Increase in Home Value - Not Every Real Estate Market Is Struggling - 10/25/11 01:12 PM
Not Every Real Estate Market Is Struggling In the Obama years, home values lagged throughout the U.S., with a few exceptions This week, I, Susan Penn, PA  a South Florida Realtor with  Esslinger-Wooten-Maxwell, Inc. was pleasantly contacted by Venessa Wong , a reporter with Bloomberg Businessweek  to discuss Weston, Florida’s real estate Market.  Here is Venessa Wong’s article:
By Venessa Wong
Want to know how bad the real estate market is? Just drive down almost any street in the U.S. and you’re likely to see “for sale” signs lining the road. Come back a month later, it’s a good bet the same signs … (0 comments)

Margaritaville Beach Resort is coming to Hollywood, Florida! - 10/19/11 07:28 PM
South Florida is quite excited to receive the new  Margaritaville Resort  in Hollywood, Florida! This wonderful resort will be situated between Johnson Street and Michigan Street  facing Hollywood's Board Walk all the way to the Intracoastal Waterway on a six acre site. We are looking forward to the Hollywood beach entertainment complex with an amazing  17-story hotel resort with its 349 hotel rooms, 15,500 square feet full-service spa and fitness area, convention space filled with 35,000 square feet, 25,500 square feet of restaurant and retail space, 22,604 square feet of ballroom space, a beautiful inviting lagoon pool and water slide pool, beach side cabanas, a marina,fishing and … (0 comments)

Short Sales in South Florida - more questions - 10/14/11 05:45 PM
How long does  a short sale take to process from listing date? 
As soon as you have a offer that has been accepted by the buyer and seller, it goes to the lender for review. The seller and their realtor should have acquired and organized all of the necessary documents, such as the hardship letter, 2 years of tax returns, financial statements, loan numbers, bank statements, check stubs so it can be easily submitted and then you should expect on an average from three to six months for an approval. If it happens sooner, smile. If it takes longer, have … (0 comments)

Short Sale Questions in South Florida - Susan Penn's blog - 10/13/11 06:19 PM
Short Sales have been extensively used in Florida for homeowners and yet yesterday the Sun-Sentinel opened up to the public and spent an hour answering questions on short sales.
Who qualifies for a short sale?
Someone who has hardship, for example:
Job loss Business Failure Divorce Death of a spouse Illness Relocation Reduced Income Where do you find short sale listings?
On the multiple listing system with a realtor.
Can you have the lender forgive the difference between what is owed and the sale price?
Each short sale is different and each is evaluated differently. The lender will be the decision maker.
… (1 comments)

Monterra in Cooper City - Susan J Penn's Blog - 10/12/11 04:30 PM
 Nothing is more exciting than to realize you are moving into a brand new home with a new roof, new walls, new flooring, and new bathrooms having marble countertops and wood cabinets. Let's remember the most important room of the house,  a brand new kitchen with wood cabinets, stainless steel appliances and granite countertops. These upgrades are standard in Monterra. You will discover this new housing  community is situated off of Pine Island Road and University Drive between Stirling Road and Sheridan Street. These upgrades are the standard features inside these homes. The community of Monterra provides easy access to Florida’s Turnpike, … (0 comments)

South Florida Buyers,Take Advantage of 2011 Record Low Mortgage Rates! - 10/09/11 06:38 PM
It's hard to believe the average rate for the conventional 30-year fixed mortgage has dropped below the 4 percent mark for the first time since the 1050’s, according to numbers released Thursday by Freddie Mac.
October 6, 2011  Government–Sponsored Enterprise (GSE), a financial service corporation created by the United States government, placed the current average mortgage rate for a 30-year fixed mortgage at 3.94 percent for the week ending October 6, 2011!  
The 15-year fixed-rate mortgage came in at 3.26 percent this week, dropping 2 basis points from 3.28 percent last week. A year ago at this time, the 15-year … (0 comments)

Short Sales for South Florida Home Sellers with Bank of America! - 10/07/11 04:16 PM
South Florida Home Sellers, What are you doing with your Foreclosure Notice?
Are you behind on or struggling to pay your monthly mortgage? Did you stop making mortgage payments and you received a foreclosure notice? Do you have heart ship? If you answered yes to one of these questions it is important to know that you do have options.
Have you decided to Short Sale your home and is your loan with Bank of America?
Are you deciding to try a short sale? Is your mortgage with Bank of America?
Bank of America, the nation’s largest mortgage servicer, is offering Florida … (0 comments)

South Florida Homeowners,"What Are Your Options To Avoid Foreclosure"? - 10/06/11 05:22 PM
1. Short Sale
A short sale is an agreement between the lender and the borrower to put your house up for sale for an amount that is less
than the remaining balance of your mortgage. You have to give up your property and buy or rent another place to live in
after the sale’s closing. It may totally eliminate your loan or reduce it a considerable amount and you may get assistance for
relocation. Although it will still have a negative impact on your credit score, a short sale lets you recover your credit score
faster than a foreclosure. 
2. Refinance
… (0 comments)

 
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Susan J. Penn, PA,CDPE,SFR

Weston, FL

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Address: 2000 Main Street, Weston, FL, 33326

Office Phone: (954) 515-0100 x 7337

Cell Phone: (954) 557-5993

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