Your dog sounds lusciously adorable and sweet! It would be of help in searching appropriate properties for you to know the weight of your dog. That is the standard by which condo associations go by. Also, it is necessary to research whether the owner of the condo will permit a pet to be in occupancy.
Please let me know if I can be of further assistance.... more
There all many condo associations that allow large dogs. It really depends on your geographic requirements, the size and type of unit you require and of course your budget. Here is a video tour of a unit we just listed that is dog friendly; no weight restrictions and 2 pets allowed that may be of interest to you.
A very clear description of your specific requirements is the best place to start your property search and if I can be of service to you and your family I would appreciate the opportunity to be one of the agents you may choose to interview. We are experts in finding our clients that "needle in the haystack" and would love to help you find yours.
Best of luck and if I can offer anything additional please let me know.
Always at Your Service,
Tom Priester e-PRO
"Results Driven Real Estate"
Keller Williams Realty
Typically, monthly condominium fees include water. This Boynton Beach condo in Palm Chase is on public water.
Marc Jablon, the Jablon Team
Re/Max Complete Solutions
Basically it works like this: The higher the rate sold to the buyer, the more commission the loan officer makes. So, let's say for instance that your current rate is at 6%. The loan officer says that they can offer you a rate of 4.875&. Woohoo! Well, actually, the loan officer is going to make 4% of the loan amount in commission. You figure that closing costs will be between 2 and 2.5%. Therefore, the loan officer keeps between 2 and 1.5% commission in his/her pocket. It's better than nothing. We do that as well but take it one step further and streamline the loan without an appraisal. If it works, it will save you money out of pocket on an appraisal. If the loan officer does a streamline with appraisal, then streamline with no closing costs is irrelevent. The purpose is to avoid having to get an appraisal. If you get an appraisal, request a lower rate and roll the closing costs into the loan.
In order to make sure that your refinance is worth it when paying closing costs, divide the payments savings into the costs to close (minus escrow) and that will tell you how many months it takes to break even. FHA doesn't allow us to refinance a person if they can't save at least $50 a month.
Also be careful with what the company regards as closing costs. After all, it's a generic term. It can imply costs associated with the loan and escrow (taxes and insurance) or it can imply only costs to close and you have to pay escrow out of pocket. If that's the case, see if the lender and the title office can offset the escrow. In other words, take the escrow balance that you currently have an apply it to the required months needed to create the new escrow account. Other things you can do to cut down on escrow is to close at the end of the month and fund the loan during the first few days of the following month (remember, you have 3 business days to rescind). If you close within the first 5 days of the month, you can request interest credit (or short pay). This is where the lender pays you back interest at closing. If your loan funded October 4th, the lender will credit you back 4 days of interest and your first payment is due November 1. If you fund October 6th, you pay a full month of an interest only payment and your first payment is due December 1. If you close at the end of September, you pay interest from the funding date to the end of the month and your first payment is due November 1.
Regardless of your decision, have your FHA case number pulled by someone by October 4th. This is the last day to get your FHA mortgage insurance payment at .55% of the loan amount versus .90% of the loan amount. FHA will also be reducing the up front MI fee from 2.25% to 1%.... more
Based on my evaluation this would be a good deal.
Price was recently reduced to $67,900
Potential Income: $13,800
Estimated Expenses: $5,027
Estimated NOI: $8,773
At a purchase price of $65,000 the ROI Cash on Cash would be 13%
Thanks for the tip. Might buy it!... more
Boynton is close to world class shopping in Boca Raton, Wellington, and Palm Beach Gardens. In addition there are the outside attractions such as City Place, Downtown Delray Beach, and the new Renaissance Commons in Boynton Beach where you can live, work, dine at fine restaurants, go to a new mega-plex movie theater, etc.... more
When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
The average sold home was on the market over 4 months. Many unsold homes may take longer to sell, because we have over a two year supply of single family homes. Buyer activity has improved, thanks to expectations that the market has bottomed out and concerns that interest rates may increase and mortgages could become more difficult to obtain.... more