Meir Aloni & Team
CRS (Certified Residential Specialist)
CDPE (Certified Distressed Property Expert)
RECS (Real Estate Cyberspace Society)
Successfully selling Broward County since 1986!
Direct phone# 954-338-5220
All Star Realty Inc.
If you are working with a Realtor, you should request that they review the recent sales in the area. This is called a Comparative Market Analysis. This will compare recent sales in the area to the home you intend to purchase. This is important, because if you are financing your home purchase, the bank will order an Appraisal. The Appraiser will use the recent sales in the area for his report. ( If you are paying cash, and a bank is not involved, an appraisal is not mandatory, but you can still request to have one.)
A lot of variables come into play, such as the type of loan or the amount that you are financing, but in many cases, if the home is priced too high it will not appraise and the bank will not want to lend the money. Some important items will be square footage, lot size, number of bedrooms and baths, garage size, upgrades, location of the lot (waterfront, or dry lot) does it have a pool.
It is impossible to determine if the asking price is a good price for the property without looking at the comparables.
Good luck with your decision!
Stefanie Cohen, PA, ABR, SFR
Prudential Florida Realty
REMAX Presidential Pembroke Pines
you should work with a realtor who specializes in the Pembroke Pines area and represent you as the buyer. There is no cost to you for that service.
If you are in need of financing, please feel free to contact me at your earliest convenience regarding a mortgage loan approval, if I may be of any service to you.
Lic. Loan Originator
NMLS# 299 244
1931 NW 150 Ave - Suite 103 C
Pembroke Pines, Fl. 33028
You should work with a licensed realtor who will pull the most recent comps to determine the value for his property. I can help you, so you can contact me and I would be more than happy to assist you. I live and work in this area
Keller Williams Realty Partners SW