Come home to spectacular Intracoastal water view in this beautifully remodeled 1/1.5 condo in exclusive Eastern Shores of NMB. Remodeled kitchen w/new SS appliances & granite counters. Both baths totally remodeled w/ marble flooring and walls. Living areas feature wood flooring with architectural details & lighting not found in other units. Includes accordion shutters on all windows & tiled balcony. Complex includes secured lobby, pool, gym, laundry, guest parking and more. Call now. This one won't last.
Call (954) 649-0654 for more information about this property.
According to a leading national survey company, FHA and VA appraisals, in contrast to conventional home loan appraisals, more often fail to meet the contract price. Is this the case all of the time? Absolutely not. However, understanding the underlying differences can help when it comes time to sell or purchase your home.
There are a number of reasons for the disparity. FHA loans are backed by the government and typically require a lower down payment than conventional loans. Because of the higher risk involved, the appraiser may take a more conservative approach when determining a valuation. Other factors may come into play as well.
A low appraisal can lead to a canceled sales contract because lenders won't approve mortgages for more than the home's value. This can be a nightmarish situation for sellers and buyers alike. If the seller is unwilling to adjust his price to meet the appraisal and the buyer is unwilling or unable to inject the necessary cash to cover the difference, the deal may fall apart.
Fortunately, many lenders have a process for challenging the appraisal. It's important to work with an agent who is informed about the business and understands the components that make up an appraisal. Work with an agent who is pro-active and is willing to do the necessary work to help you bring about a successful closing.
Give Don Hughes a call at 954.649.0654 for questions related to real estate in Hollywood, Florida or for any other real estate question you may have.
Florida Realtor Magazine has featured Royal Florida Realty in their March edition on page 18 & 19! They called our office a "Game-Changing Office Design." Royal Florida Realty has caught Florida Realtor Magazine's attention, and it should for you too! You deserve the best and now is the time for you to explore the Brokerage office of the future!
Come see me in our beautiful office. Call Don Hughes at (954) 649-0654 for the absolute best service in Hollywood, Florida real estate and all of your South Florida real estate matters.
Freddie Mac disclosed Thursday the average rate on a 30-year, fixed-rate mortgage fell to 3.71%, down from 3.73% last week. The average rate on 15-year fixed-rate mortgages dropped to 2.96%, down from 2.99% the week prior. Freddie Mac surveys lenders throughout the country at the beginning of each week to calculate average mortgage rates. The average rate does not include loan fees, otherwise known as points, which most borrowers must pay to get the lowest rates. One point equals 1 percent of the loan amount. The average fee for a 30-year mortgage held at 0.5 point while the fee for a 15-year loan held at 0.4 point.
Call Don Hughes in Hollywood, Florida at 954.649.0654 for questions related to all of your real estate needs.
The Cassa Brickell Lease-Back Program provides and easy, seamless, headache-free ownership experience for buyers who wish to acquire an income producing property in the Brickell area. Select number of residences have been placed in the program. These residences are sold to buyers completely finished, painted with floor coverings, baseboards and window treatments installed. The developer at closing leases these residences from the buyer for a one year period at market rates. The buyer will receive the payment in a monthly basis. The buyer then only has to pay monthly HOA's and the annual real property taxes. For more information about condos in the Brickell are of Miami, Florida, call Don Hughes at (954) 649-0654.
These completely remodeled South Beach condos feature contemporary bathroom fixtures, Italian style kitchen cabinets, stainless-steel appliances, wood/tile floors and much more. Call Don Hughes for more information about condominiums in South Beach of Miami, Florida. You can reach me at (954) 649-0654.
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With interest rates at historic lows and new lending procedures designed to help the consumer, now is a great time to buy. A few guidelines to simplify the process:
Have a Game Plan - Understand what you want, what you need and what you can afford. Set realistic goals and be prepared to compromise on minor details when the right opportunity presents itself.
Get Prequalified - Having a prequalification letter from your lender can be the difference when it comes to having your offer accepted. Sellers want to know that potential buyers are capable of getting the deal done. What a buyer thinks they can afford and what a lender says they will lend can be two different things.
Seek Guidance - Your agent, your lender and the title company all play a vital role in bringing about a successful transaction. Make sure your agent is willing to guide you through the process and coordinate all parties throughout the process.
Call Don Hughes at (954) 649-0654 for any questions you have regarding finding and purchasing your new home.
A few things your agent can help you with when you are thinking of selling:
Pricing - Have your agent present you with recent sales of comparable properties in your neighborhood. Factors to consider include:
Size and layout
Upgrades and amenities
Preparation - Now is not the time to put on an addition to bring added value to the home. Simple things like a coat of paint, patching holes in the wall or fixing a leaky faucet can be the touches that give you an edge on your competitor. Remove as much clutter as possible and make the beds daily for all showings.
Showing the Property - Trust your agent to show the home. Buyers make decisions based on emotion and can feel intimidated when a seller begins to push all of the great things about their property.
Taking Offers - Your agent is responsible for doing what is in your best interest. Make sure your agent presents all offers to you and makes sure that all offers have the ability to purchase your home. Prequalification letters or proof of funds are essential.
Call Don Hughes at (954) 649-0654 for any questions you have regarding selling your home.
Search our site to find the rental property you desire. Renters can generally expect the following requirements:
Proof of income
Background Check (credit and/or criminal)
First month's rent and two months security
Some landlords or associations may work with you on some of the above requirements. A previous eviction, poor credit, or lack of previous work or rental history may require an increased deposit upfront. Call Don Hughes at (954) 649-0654 for any questions you have regarding finding a rental property in your area.