If you are thinking about making an offer to purchase a home, make your offer contingent upon the home passing an inspection to your satisfaction.
To minimize unpleasant surprises and unexpected problems, home buyers need to know as much as possible about the home before they buy. An inspection can identify looming major repairs or builder [...]
Here is an interesting evelopment that could impact beachfront property owners in zip code 32963. On December 2, the United States Supreme Court will heart oral arguments in Stop the Beach Renourishment v. Florida, a national property rights petition. The Orlando firm of GrayRobinson is representing the Coalition for Property Rights ( CPR).
The case involves [...]
Beachwalk, located at 940 Turtle Cove Lane, is located just steps away from what many consider the best beach in Vero, south beach. Beachwalk is low rise with just three floors in keeping with Vero Beach’s building heigth restrictions.
Beachwalk was contructed to meet all current Florida codes. It is an all concrete and concrete block [...]
Lawrence Yun, Chief Economist for The National Association of Realtors, recently published a report showing second quarter 2009 home sales were up across the county over second quarter 2008. I thought it would be interesting to see if the market in Vero Beach is tracking the national market. To do this I looked at sales/pendings [...]
The National Association of Realtors has issued a report with second quarter existing homes sales showing healthy gains from the first quarter in the vast majority of states. Price declines are a major driver for the sales increase because they are making housing more affordable. Total state existing home sales rose to 4.76 million units [...]
What’s the fastest growing niche in real estate, one that’s seen an increase in residential sales volume of 48% in the past 60 months? The answer is auctions, they’re growing while just about everything else in commerical and multifamily is flat or declining.
Last year $59 billion was sold at live auctions according to the industry’s [...]
There are five strategies that can help home owners, buyers and sellers navigate today’s turbulent housing and mortgage markets.
1. Understand and Utilize the New Tax Credits. Many home owners are not aware that the latest government stimulus package gives them a special tax credit of up to $1,500 for making certain home improvements. If you [...]
Continue reading about 5 Recommendations for Navigating Today’s Housing and Mortgage Markets
Mortgage rates continue to decline and home price increases are this weeks news for real estate.
30 year fixed rate mortgages are just over 5% with 15 years rates about 4.6%. Both numbers are close to all time lows.
Buyers are getting the message with house and condo offers up 9.4% last week. Refinance applications [...]
New HERA regulations may affect borrowers’ closing expectations. A new government regulation went into effect July 30, 2009. This regulation requires all mortgage lenders and brokers to provide Truth in Lending ( TIL) disclosures to borrowers according to a defined schedule. This schedule may alter the loan closing date. This regulation is in the best [...]
Continue reading about The Housing and Economic Recovery Act ( HERA)
The average American moves 12 times in a lifetime. Many people feel like they’ve moved 12 times after doing it once. That’s because they move stuff they no longer use.
1. Don’t move it if you don’t want it. Many people move all the clutter they don’t want or need. Identify the unwanted items and get [...]