palm beach county: Incedible Waterfront Prices in Boca Raton, Florida - 03/04/10 10:52 PM
Remember when it was hard to find a nice property on the water at a reasonable price in Boca Raton? Well those times will return and now is the time to set yourself up to be an owner during that time. There are so many incredible deals in all price ranges on the water right now! Oceanfront, intracoastal and lakefront all have a nice selection to choose from. Take advantage of this great buyers market!
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palm beach county: New Loan Modification Legislation Coming Soon - 03/02/10 11:48 PM
Since the banks are having so much trouble handling loan modifications lawmakers are looking for ways to force banks to give out loan modifications to people who deserve them. Whether this is right or wrong is the topic of a hot debate. 
Lets face it, when you take a look at what NACA (Neighborhood Assistance Corporation of America) is doing around the country its not hard to see that when banks are pressed they are able to get the job done.  Why don't they just do what they will eventually have to do anyway instead of dragging their feet?  It will be cheaper … (2 comments)

palm beach county: Boca Raton, Florida Luxury Property Market Report for February 2010 - 03/02/10 11:50 AM
Boca Raton is packed with people and there are many serious buyers here.  People are feeling comfortable buying and getting great value.  Below are the numbers for luxury properties price at 1 million dollars and above for the month of February.
Luxury Single Family Homes
Total Properties Available    528
Price Range       $1,000,000   -  $22,900,000
Total Properties Pending     15
Total Properties Sold         12
Price Range        $1,050,000  -  $2,500,000
Average Sold Price Per Square Ft.      $292
Average Days On Market       378

Luxury Condominiums
Total Properties Available    97
Price Range         $1,000,000  -  $6,950,000
Total Properties Pending    2
Total Properties Sold     3
Price Range  … (0 comments)

palm beach county: All Price Ranges Busy in Boca Raton, Florida Real Estate Market - 02/25/10 11:51 PM
All price ranges are seeing some nice activity here in Boca Raton, Florida.  Buyers are looking for great value and they are finding it!  Properties under $300,000 are really in demand as buyers are looking to pick up that little vacation property.  Investors are also buying up properties in this price range.  Great deals are still out there in all price ranges!
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palm beach county: Buy Your Dream Home Now and Rent it Out! - 02/23/10 11:22 PM
What I'm seeing alot of is people coming down now looking to buy a property that they don't intend on using for another three to five years.  They just can't let this great buyers market pass them buy so they are making the purchase now and renting it out.  There are so many properties to choose from and the  conditions are still great to make a good buy.
Even though its not easy being a landlord, if you find good tenants and work with the right people it will pay off in the end.
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palm beach county: Do the Opposite of What Everyone Else is Doing - 02/22/10 04:56 AM
Talk to anyone who has ever made any money in real estate and they will all tell you the same thing. Do the opposite of what everybody else is doing. Buy when everyone else is selling. 
This sounds so simple but most people don't have the strength to do it.  That's why only the select few make money.
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palm beach county: Loan Service Companies and What the Investers Don't Know - 02/19/10 11:29 AM
Loan service companies are companies that service a loan for the investor or the actual lender. During this challenging time when the mortgage industry is overwhelmed its not uncommon to find some really bad loan servicers out there. 
The loan servicer has alot of power to hand out loan modifications and often make some decisions based on what they feel to be right.  The problem is some of the less qualified ones often make really bad decisions costing investors hundreds of thousands of dollars and hurting the borrower at the same time.
During this busy time when good, qualified people are in demand there … (0 comments)

palm beach county: A Cold Blast in Boca Raton, Florida - 02/10/10 09:43 PM
When I feel temperatures like we have right now I remember how lucky we are to live here in South Florida.  The nice thing about it down here is that when it dips into the 40's or 50's this time of year the worst of it is when you are sleeping and it only last a day or so. Many people will be at the beach again in a couple of days.
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palm beach county: Boca Raton, Florida Waterfront Deals - 02/10/10 04:50 AM
Whats better than living on the water in Boca Raton, Florida?  Not many things.  The better waterfront luxury homes and condominiums are always in demand and I am still seeing some great deals out there. Now is the time to find the one for you. If you do your research and know your values the great deals will stand out.
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palm beach county: The Time is Now to Prevent a Massive Walk Away - 02/08/10 01:11 AM
Now is the time to prevent something that will really hurt the real estate market in many areas. The banks and if need be the Federal Government need to prevent thousands of people from walking away from their homes all at the same time.
Sooner or later more and more people are going to realize that most banks really don't give loan modifications.  They are also going to realize that maybe it may not be so smart to try to do the right thing and try to stay in their present home.  The banks have a chance to prevent this massive walk away or they … (2 comments)

palm beach county: Top Ten Reasons to Buy Property in Boca Raton, Florida Now - 02/02/10 11:41 PM
The lifestyle found in Boca Raton, Florida is one of the best you will find anywhere in the world. Here are the top ten reasons to buy property in Boca.
 
1. The prices are low in the current market.  Buy while you still can.
2. The weather.
3. Convenient to airports, shopping, dining and recreation.
4. Pristine Beaches.
5. Low Crime Rate.
6. Great choice of public and private schools.
7. Great activities for children. 
8. Tropical, impeccable parks.
9. Great code enforcement which makes Boca look like the paradise that it is.
10. Close to some of the best colleges in the … (2 comments)

palm beach county: Boca Raton, Florida Luxury Market Report for January 2010 - 02/02/10 02:23 AM
Things are very active in the Boca Raton, Florida luxury market as many real buyers are in town and they are buying. The people I am talking with are feeling good about where the market is and it seems most of the uncertainty about buying has faded. People want good value and are ready to commit when they find it.  Below are the numbers for properties price at or above 1 million dollars.
Luxury Single Family Homes
Total Properties Available     516
Price Range      $1,000,000  -  $22,900,000
Total Properties Pending       16
Total Properties Sold         10
Price Range        $1,000,000  -  $2,550,000
Average Sold Price Per Square … (1 comments)

palm beach county: Choose Where You Get Your Financing Wisely - 01/29/10 10:00 PM
When purchasing a property its important to choose were you are getting your money wisely.  In the environment that we are in now going directly to the lender is the best way to go but there are many instances where a good mortgage broker is an asset.  Find a good one through word of mouth and maybe through someone who has used this person before.  Choosing were you get your financing can sometimes make or break the deal.
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palm beach county: Are Banks Getting What They Want? - 01/26/10 11:23 PM
In neighborhoods across South Florida many homes are still getting foreclosed on and I wonder if this is what the banks really want. 
Certainly some of these would qualify for some kind of workout plan where the people can stay in their homes and the bank can get the loan back on track and make money instead of taking a huge hit by foreclosing.  More importantly the number of foreclosures could be much less, improving the market. 
In alot of cases foreclosure is the right thing to do but certainly the banks can improve on their workout rate.  I just can't figure out … (0 comments)

palm beach county: Now is the Time to Buy - 01/24/10 09:23 PM
Great financing opportunities, good inventory, tax incentives and motivated sellers are all in the favor of the buyer at this time.  Buyers couldn't ask for more to be going their way.  Now is the time to take advantage and get in on one of the best buyers markets of all time!  Qualified buyers who are ready to buy should act or it will pass them buy.
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palm beach county: Banks and Loan Modifications - 01/22/10 01:04 AM
Most banks just aren't following through with loan modifications.  I have yet to hear of anyone finishing the complete loan modification process.  This process consist of a down payment, alot of paperwork, a probationary period where the borrower pays their new payment for 4 months or so and than finally a review of the file again and the last step where the bank actually creates a new mortgage.
What happens most of the time is the bank will ask for a large payment to start the process.  Than they will give you your probationary payment schedule and once you complete that it … (0 comments)

palm beach county: The buyers are in Boca Raton, Florida - 01/19/10 12:10 PM
Boca Raton, Florida is packed with people and many of them are looking to buy some of the great deals on the market at this time.  Waterfront homes are especially in demand and there are properties closing everyday.  Now is the time to get your property on the market to take advantage of the buyer traffic.
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palm beach county: Highland Beach, Florida -- Beach Rental - 01/14/10 10:25 PM
GREAT 2 BEDROOM, 2 BATH APARTMENT WITH SPECTACULAR DIRECT OCEAN VIEWS! LIVE AND PLAY IN HIGHLAND BEACH, JUST STEPS AWAY FROM THE BEAUTIFUL, WARM ATLANTIC OCEAN. CLOSE TO WORLD CLASS SHOPPING, FINE DINING AND MUCH MORE!
DALTON PLACE FEATURES AN OCEANFRONT CLUBHOUSE, TENNIS COURTS AND A BEAUTIFUL WATERFALL ENTRANCE!
 


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palm beach county: Regency Highland Rental -- Highland Beach, Florida - 01/13/10 05:40 AM
BEAUTIFUL 2 BEDROOM, 2 BATH CORNER APARTMENT WITH SPECTACULAR DIRECT INTRACOASTAL VIEWS! HUGE WALK IN CLOSET. SUPER CLEAN!
THE REGENCY HIGHLAND FEATURES A TROPICAL POOL ON THE INTRACOASTAL, FITNESS ROOM, TENNIS, LIBRARY, BILLIARD ROOM AND BEACH PAVILION. COME AND STAY IN ONE OF THE NICEST CITIES IN THE UNITED STATES!
 
 
 


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palm beach county: First Time Buyer Tax Credit Information - 01/11/10 07:39 AM
Now is the time to claim your free money and take advantage of the First Time Buyer Tax Credit. Here is some information on the requirements that must be met. 
Properties must have a purchase price under $800,000 and can include newly-constructed or resale homes and single-family detached, townhomes or condominiums. Excluded are vacation home and rental property purchases. Properties must be purchased after Nov. 6, 2009 and before May 1, 2010, although purchases subject to a binding sales contract signed by April 30, 2010 will be allowed. Closing must occur within 60 days. The income cap for qualifying has been raised to $125,000 … (0 comments)