steven wood: SUPPLY UP! DEMAND DOWN! Let's Build More Homes and Ruin the Wealth of Palm Beach County's Citizens! - 07/19/08 03:38 PM
I just received an email that was asking the following.....
 
I'm looking for anyone who has evidence of, or experience with, any "buy & bail" transactions.  Those would be transactions whereby someone purchased a new home at today's discounted price then stopped making payments on their prior residence which had them in a negative equity position.
ABC-TV News wants to do a story on how the brand new lending guidelines restrict people from being able to pull off the "buy & bail".  It's not an expose style article and no one will be expected to incriminate themselves in any manner.  We're looking for … (2 comments)

steven wood: Short Sale Advice - How Much Should I Offer on a Short Sale Offer to Purchase? - 02/06/08 04:09 PM
Hi Gretchen (Name Changed),
Sorry about getting back to you so late in the evening.
 
Gretchen wrote to me the following:
> If we do make a bid it will be less than $290K. The offer would be> preapproved, backed by cash, and with inspection waived. Which make it> strong, however, If you don't think that is worth submitting due to> being below recent comps, let me know. I do not want to waste anyones> time.
There are 3 particular items that makes an offer STRONG in a Short Sale.
1) Price,
2) No Contingencies, and
3) Price.
 
There … (5 comments)

steven wood: Florida's Real Estate Market and HOA's Rules that Hinder Owners Wanting to Sell Their Homes!!! - 10/05/07 02:26 PM
 
I am confused. I need your inputs!
Aren't HOA's and Condo Associations supposed to be for the benefit of the Home Owners and Condo Owners?
 
I mean Current Home Owners and Condo Owners that want to sell or lease their homes or condos, and Future Home Owners and Condo Owners that want to purchase or rent homes or condos in these HOA's and Condo Associations, need to have some sort of signal that let's these folks know that certain homes and condos are on the market to sell, lease, purchase, or rent!
They all need and want exposure of the properties in order to sell, lease, purchase, or rent! … (4 comments)

steven wood: Scripps 350,000 Square Feet, 3 Building, 1st Phase, Grand Opening is set for,,, - 08/26/07 01:36 AM
 
Everybody is talking about Scripps, or Scripts <sic>, here in the Jupiter, Palm Beach Gardens, Juno Beach, and Tequesta areas, but when is Scripps going to open their doors to the 3 new buildings?
To find out from the horse'smouth, please visit the web site below. Once at the web site, you can also click on more links that will even take you to a live webcam of the constructin site.
http://www.scripps.edu/florida/story1.html
The good news is when a large business opens it's doors in a new town, the business attracts people from other areas, thus adding demand to the current infrastructure.
Will the demand be great enough … (0 comments)

steven wood: Listing and Sold Statistics on Tequesta, Florida - 08/25/07 05:13 AM
Listing and Sold Statistics on Tequesta, Florida
The following statistics were taken from the MLXchange Multiple Listing Service.
As of August 25, 2007, the number of Residential Properties that are Listed on the MLS in Tequesta, Florida is 459.
The number of Sold Residential Properties reported on the MLS for the period starting January 1, 2007 and ending on August 25, 2007, for Tequesta, Florida is 144.
 
At this "Rate of Sold Residential Properties over time", Tequesta, Florida has approximately a 28.5 month supply of Residential Properties on the Multiple Listing Service.
 
Small Print:
These statistics do not include: Residential Properties on the Market as "For Sale … (0 comments)

 

Steven Wood

Jupiter, FL

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Advanced Realty Services, Inc

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