Buying a home is a way to increase equity through making mortgage payments. Another potential positive is price appreciation of the home. These are financial benefits of owning a home.
There are also some costs that associated with buying a home that people need to be aware of.
Inspection and appraisal costs usually paid by the buyers.
Closing costs are typically 2% to 4% of the mortgage amount.
Taxes are also costs collected on the home and they tend to increase over time.
Insurance is another cost that will most likely rise over time and lenders will require home insurance.
Community fees (homeowners and condominium fees) are typically paid quarterly and/or monthly.
Utility bills, lawn maintenance and continuious repair bills are also things to take into consideration.
As a local Realtor, I am aware of the trends in the US market as well as in many of the communities in which I specialize. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.
For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550
http://MYsouthFLrealestate.com
Referrals are appreciated and welcomed.
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
Showing posts with label sell. Show all posts
Showing posts with label sell. Show all posts
Saturday, June 2, 2012
Saturday, March 10, 2012
Thoughts On Selling Your Home: Homes For Sale: Homes For Rent
The current market is still a "buyer's market." As the recent Case-Shiller Index showed, home prices are still declining in the US. According to the Accredited Seller Agent Council, the average time it takes to sell a home is now 10 months.
Here are some ideas home sellers should be thinking about.
Price: even in the current market, if the home is priced right, it will sell (assuming there are no other major issues). Homeowners need to be realistic about the current housing market. I can provide information to familiarize you with the current situation in your area (real estate is a very local business).
The seller needs to have a number in mind as to what they will take on an offer and be comfortable with it. When a good offer comes along in that range, the seller should not hesitate.
Clutter: The home should be cleared of excess clutter. Yes, you are still living there and yes, we want it to feel like a home, but it also needs to be clutter-free. Personal effects should also be removed; we want the potential buyer to feel like they are some-what "at home" and personalization might minimize the feeling we are trying to invoke.
Curb Appeal: Windows should be washed, front door freshly painted (this is a first impression walking up to the door) and the lawn should be maintained.
Clean: The home also has to have a feeling of being clean and fresh. Bathrooms and kitchens should be cleaned. Buyers tend to focus on these areas at the outset.
Maintenance: Buyers tend not to want to come into a home and begin to fix things. The roof is another area that tends to get attention; it should be in tip-top shape. All routine maintenance should be kept up with. Buyers tend to look at air conditioning units, hot water heaters, appliances, etc. Sellers should have everything in good working order.
Wow factor: Ideally you would like all potential home buyers to walk out and have something positive be memorable about the house. "The fantasic waterfall house" or something else that that will provide that "wow-factor" to make the home memorable.
As a local Relator, I am aware of the trends in the US market as well as in many of the communities in which I specialize. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.
For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550
http://MYsouthFLrealestate.com
Referrals are appreciated and welcomed.
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
Here are some ideas home sellers should be thinking about.
Price: even in the current market, if the home is priced right, it will sell (assuming there are no other major issues). Homeowners need to be realistic about the current housing market. I can provide information to familiarize you with the current situation in your area (real estate is a very local business).
The seller needs to have a number in mind as to what they will take on an offer and be comfortable with it. When a good offer comes along in that range, the seller should not hesitate.
Clutter: The home should be cleared of excess clutter. Yes, you are still living there and yes, we want it to feel like a home, but it also needs to be clutter-free. Personal effects should also be removed; we want the potential buyer to feel like they are some-what "at home" and personalization might minimize the feeling we are trying to invoke.
Curb Appeal: Windows should be washed, front door freshly painted (this is a first impression walking up to the door) and the lawn should be maintained.
Clean: The home also has to have a feeling of being clean and fresh. Bathrooms and kitchens should be cleaned. Buyers tend to focus on these areas at the outset.
Maintenance: Buyers tend not to want to come into a home and begin to fix things. The roof is another area that tends to get attention; it should be in tip-top shape. All routine maintenance should be kept up with. Buyers tend to look at air conditioning units, hot water heaters, appliances, etc. Sellers should have everything in good working order.
Wow factor: Ideally you would like all potential home buyers to walk out and have something positive be memorable about the house. "The fantasic waterfall house" or something else that that will provide that "wow-factor" to make the home memorable.
As a local Relator, I am aware of the trends in the US market as well as in many of the communities in which I specialize. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.
For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550
http://MYsouthFLrealestate.com
Referrals are appreciated and welcomed.
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
Monday, November 29, 2010
October 2010 Real Estate Sales Information for Florida (Condo and Single Family Homes)
Is the Florida real estate market beginning to show signs of a bottom?
The October 2010 year-to-date unit price per unit sold for single family homes was up 7% over the previous year, according to housing data recently released by the Florida Realtors. In addition, condominium unit sales were reported to be up 33% over the previous year during year-to-date October 2010.
However, when looking at a year-over-year comparison of October 2010 housing results in Florida, the market does not seem to be trending in the same direction.
The statewide existing median condo sales price of $82,400 in October 2010 was 22% below October 2009; unit sales were also down 5% during the same timeframe. The median existing single family home price fell 3% to $136,600 in October 2010, versus October 2009; the number of units sold decreased 21% on a year-over-year basis in October 2010.
What does this all mean-- I think we are still looking at an uncertain housing market in Florida. Buyers still seem to be anxious about the economy and sellers are somewhat hamstrung by the declining home prices.
If you are buying or selling a home, please feel free to contact me.
I have provided a link to a property search engine where you can find and view listings. Contact me for more details on those listings and/or information in the area.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-989-2100
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
The October 2010 year-to-date unit price per unit sold for single family homes was up 7% over the previous year, according to housing data recently released by the Florida Realtors. In addition, condominium unit sales were reported to be up 33% over the previous year during year-to-date October 2010.
However, when looking at a year-over-year comparison of October 2010 housing results in Florida, the market does not seem to be trending in the same direction.
The statewide existing median condo sales price of $82,400 in October 2010 was 22% below October 2009; unit sales were also down 5% during the same timeframe. The median existing single family home price fell 3% to $136,600 in October 2010, versus October 2009; the number of units sold decreased 21% on a year-over-year basis in October 2010.
What does this all mean-- I think we are still looking at an uncertain housing market in Florida. Buyers still seem to be anxious about the economy and sellers are somewhat hamstrung by the declining home prices.
If you are buying or selling a home, please feel free to contact me.
I have provided a link to a property search engine where you can find and view listings. Contact me for more details on those listings and/or information in the area.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-989-2100
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217 <--property search link to cut and paste into your Web browser
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
Wednesday, September 22, 2010
A Delray Beach Rental Listing; Real Estate Search Engine
http://bit.ly/9gpQ67 <--please copy and paste into your Web browser
http://www.viewmylisting.com/property-for-sale/fl/delray-beach/3122-palm-dr/2670399/
Above is a link that will bring you to a listing in Delray Beach, Florida.
Two bedroom, two bathroom single family home offered to be rented on an annual basis-- click link above for pictures and more details.
If the home is not what you are looking for, but you are in the market to buy, sell, rent or lease a home:
The link below will bring you to a Webpage where you can search for listings.
http://bit.ly/aSVDo3 <--please copy and paste into Web browser
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217
Please contact me for futher information
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-989-2100
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
http://www.viewmylisting.com/property-for-sale/fl/delray-beach/3122-palm-dr/2670399/
Above is a link that will bring you to a listing in Delray Beach, Florida.
Two bedroom, two bathroom single family home offered to be rented on an annual basis-- click link above for pictures and more details.
If the home is not what you are looking for, but you are in the market to buy, sell, rent or lease a home:
The link below will bring you to a Webpage where you can search for listings.
http://bit.ly/aSVDo3 <--please copy and paste into Web browser
http://michaelfriedman.rmlsfl.mlxchange.com/?Page=7395217
Please contact me for futher information
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-989-2100
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
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