September 2018

Found 7 blog entries for September 2018.

Although we already live in paradise here in South Florida, sometimes it’s nice to pack a bag and go somewhere to kick back and recharge. Luckily there are many incredible resorts just a short drive away, making it possible to take a staycation without having to travel far at all. Here are some of our favorite Palm Beach County resorts to escape for a staycation!

Sundy House in Delray Beach

Although it’s only located a few blocks from the Ave., Sundy House feels like you’re somewhere far from Delray. Built in 1902, the Victorian structure has an Old Florida feel, and outside you’ll find serene paths of turtle and fish-filled ponds, waterfalls, streams, gazebos, and the oldest documented Royal Poinciana tree in Palm Beach County, planted in 1919.

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A new wine bar is coming to downtown Delray Beach. The Wine Room will be opening up at 411 E. Atlantic Avenue, in the space that was formerly Caffe Martier. The owners have been renovating the space since the summer of 2018 and expect the bar to be ready for a grand opening in Spring 2019 sometime between April and May.  The Wine Room was originally set to open in September 2018, however, unexpected construction issues delayed the grand opening by several months.  The space’s electrical system, floor, roof and air conditioning all had to be replaced.  Luckily for the residents and visitors of Delray Beach, the owners didn't give up on their vision and abandon the project.  It is evident that the the restoration of 411 E. Atlantic Ave. has truly been a

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First time and prospective home buyers are often very excited to purchase their first home, and it is my job to make them comfortable during the often stressful process. Here’s my advice for first time home buyers:

1. Know your finances.  How much do you want to spend per month on the property?  How much do you have in the bank for a down payment?  Do you know that you are going to need to have private mortgage insurance, which is going to make your monthly payment higher than if you put a larger down payment down?  Do you know that it costs money to borrow money?  

If you want to buy a property for $200,000, and have $10,000 in the bank, just know that there are ways to ask for the seller to pay for your closing costs, that could add up to

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Buyers thinking they have leverage in purchasing properties when they do not.  Often they will go directly to the listing agent, and ask them to cut their commission and low ball the sellers.  This rarely works, as the agreement that the listing agent has with the seller is what governs the deal.  A good agent will protect their customer's best interests first and foremost. 

Giving sellers a short time frame to accept an offer.  Unless the buyer is paying cash, and giving a very high-priced offer (at, close to, or above asking price), give the seller some time to accept the offer.  Pressuring the seller with time to accept an agreement does not work in a sellers’ market.

Looking for a bargain in a hot market. Buyers often learn the hard way when

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delray beach investment property

After selling everything from properties that back to major highways, properties with neighbors on both sides with unkempt yards, and properties that have not been updated ever since being built 40 years ago, it is true that "there is a buyer for every house." Here are some tips for explaining the undesirable features in your home for sale.

Focus on the positives of the property. This is a good way to put a positive spin on seemingly undesirable features. For example, if the house backs to a main road, focus on the fact that the property is a new home built by Lennar with impact windows and a large backyard. If the neighbors have unkempt yards, focus on that the neighborhood is up and coming with no HOA fees and close to the downtown area. If the

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Buying a home can be both exciting and stressful at the same time.  Knowing what to look for when purchasing a home is essential to all buyers looking.

Construction Quality.  How is the house built?  Is it made of concrete or wood, or other.  Find a copy of the building plans and make sure a structural engineer explains the construction quality of the home prior to purchasing.  Buying a property that is not built well, has foundation problems, or other is important to know going in.

Location of the property.  Is the property in an area where the home values are stable?  Is there high crime in the area?  Is the home in a highly rated school district?  Is the property located near a power substation, a main road, or in an area with bad soil

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delray beach real estate

When you represent a buyer in a sellers’ market, many different factors come into play. Here are some tips for success, according to Jeremy Olsher, broker of Mizner Residential Realty in Delray Beach, Florida:

1. The Realtor showing the property needs to know all of the comparable sales in the last 90 days for any community that a particular buyer is looking at.  This way, the Realtor can educate the buyer to how fast homes are selling, how close to asking price, the average price per square foot, and what kind of terms the seller has been accepting (cash, mortgage, seller financing, etc). The numbers don't lie, and setting expectations early with your buyers is essential. 

2. Make sure the buyer is qualified to buy prior to showing them

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