Home Buying in South Florida : Questions & Answers

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Gerald Vonbe…, Home Buyer in Jackson Springs, NC
Gerald Vonberger answered:
Building Materials or Concerns?
I've had the same question about roofing for a while. I am redoing my roofing right now on the house and on the shed out in the backyard. I've heard that it's a good idea to have the sa ... more
0 votes Share Flag Mon Dec 1, 2014 Home Buying in South Florida
Stephanie Le…, Real Estate Pro in Miami Lakes, FL
Stephanie Leon PA 786-574-3928 answered:
what if my appraisal is lower than my offering price?
If the appraisal is less than the offered amount you have several options.

1- See if the seller will reduce to the appraisal value

2- Should the seller not reduce you can put the ... more
0 votes Share Flag Thu Nov 20, 2014 Home Buying in South Florida
Stephanie Le…, Real Estate Pro in Miami Lakes, FL
Stephanie Leon PA 786-574-3928 answered:
The bank in a short sale is getting a 2nd BPO because the first was prepared over 90 days ago. Does the buyer get to see the new BPO?
This is common with short sales and the BPO value is only for the banks eyes..
0 votes Share Flag Thu Nov 20, 2014 Home Buying in South Florida
Michael Jose…, Home Owner in Gulf Breeze, FL
Michael Joseph answered:
I was wondering if it's still a good time to invest a single home in south Florida. You know, the price is bouncing back...
I would say NO. The market has risen way to high and it's doubtful it's going to last. Home sales weren't very strong this year and that's with the Fed keeping rates at or near 0. The s ... more
0 votes Share Flag Mon Oct 13, 2014 Home Buying in South Florida
John G. Ard,…, Real Estate Pro in Lauderdale Beach, Fort...
John G. Ard, P.A. answered:
What is the best investment in the Miami/Fort Lauderdale area for 200K (Condo, house,...)? Which location would give best appreciation and rental?
There are so many "micro-climates" in the South Florida Real Estate market. I think you may want to team up with an experienced Agent to discuss some relevant considerations for Investi ... more
0 votes Share Flag Mon Oct 13, 2014 Home Buying in South Florida
Scott Patter…, Real Estate Pro in South Florida, FL
Scott Patterson answered:
How easy/hard it is to find a tenant in either Broward or Palm beach counties?
Depending on the type of home you purchase and the location, rentals are in high demand currently, whether luxury or middle income properties. Feel free to search our inventory for prop ... more
0 votes Share Flag Mon Jun 30, 2014 Home Buying in South Florida
Robert Hanson, Real Estate Pro in Silver Spring, MD
Robert Hanson answered:
We are looking to move from VA to FL and wanted to find a place online that lists homes that are FHA approved in South Florida-Help?
Please make sure that you speak with an experienced lender who will lay out various options and intelligently discuss the pros and cons of each with you.

Your pre-approval should re ... more
0 votes Share Flag Mon Apr 7, 2014 Home Buying in South Florida
Yanoska Diaz, Real Estate Pro in Miami, FL
Yanoska Diaz answered:
do you have homes that needs renovations i will perfer to buy a home and renovate same?
Targeting a home that needs renovations it is probably more difficult to acquire than one that doesn't. Investors typically look for these properties hoping to grab a better deal, the e ... more
0 votes Share Flag Thu Oct 10, 2013 Home Buying in South Florida
Ray Stevens, Real Estate Pro in Naples, FL
Ray Stevens answered:
Ok I am seeking home, condo overlooking ocean for 150-200k in south fl from PSL- Miami. Prefer 2 bedroom, 1-2 bath.
Laurie,

As a Florida-based lender, I can tell you condos down here are very, very nice.

However, I can also share some nightmare stories with you about my borrowers getting tied u ... more
0 votes Share Flag Mon Sep 30, 2013 Home Buying in South Florida
Yanoska Diaz, Real Estate Pro in Miami, FL
Yanoska Diaz answered:
How can I complete with cash buyers?
You cannot, unless you are willing to pay much more than what the property is worth and subsequently cure the cost of the appraised value. South Florida is flooded with cash investors, ... more
0 votes Share Flag Sun Sep 22, 2013 Home Buying in South Florida
California M…, Other/Just Looking in San Andreas, CA
California Market answered:
Less than stellar credit; 20% down--Need a mortgage
Mark
Have you already purchased a property? Or are you still waiting?
0 votes Share Flag Wed Aug 14, 2013 Home Buying in South Florida
Susan J. Penn…, Real Estate Pro in 33331
Susan J. Penn, PA, Realtor answered:
Help with first Homepath Renovation Condos as an Investment in Davie, FL.
Dear Laurence,

Homepath is a foreclosure site that is designed to provide homes for home owners first, investors second, whcih means usually there is a waiting period before an inves ... more
0 votes Share Flag Wed Jun 19, 2013 Home Buying in South Florida
chrisfidelch…, Other/Just Looking in South Florida, FL
chrisfidelchavez answered:
Pet friendly homes Broward County or Palm Beach County in Florida
call my real estate agent, she is a dog owner and dog advocate and she knows many places in broward that allow dogs her email is AArachy@aol.com
0 votes Share Flag Thu Jun 6, 2013 Home Buying in South Florida
Scott Miller…, Real Estate Pro in 33432
Scott Miller - REALTOR® answered:
Foreclosure home and spouse buying home - Please advise
Hi RITH.

You are in the middle of a complicated transaction, but I think you know this already. Please contact me offline and my offiice and I can help you:

The Homeowner Assista ... more
0 votes Share Flag Tue Jun 4, 2013 Home Buying in South Florida
Scott Miller…, Real Estate Pro in 33432
Scott Miller - REALTOR® answered:
Can Parkland homes built in 2002 have Chinese dry wall?
Hi X.

I was under the impression that CW started coming in after 2002....BUT, you should only find out for yourself by hiring a competent inspector experienced with CW to check the ... more
0 votes Share Flag Tue Jun 4, 2013 Home Buying in South Florida
Susan J. Penn…, Real Estate Pro in 33331
Susan J. Penn, PA, Realtor answered:
What unpermitted work would you accept on a house?
Dear Jlabush,

You are considering purchasing a home. Are you working with a competent realtor? Did you hire an attorney?
A fence - requires a permit and the survey
Hurricane shutte ... more
0 votes Share Flag Thu Apr 4, 2013 Home Buying in South Florida
Ann Ryan, Real Estate Pro in 33178
Ann Ryan answered:
Are there any NACA Approved realtors in south florida?
Mark, I am familiar with the NACA process, but am not currently NACA approved. Right now, my suggestion to you would be to see if you can qualify for a regular loan as well. The reaso ... more
0 votes Share Flag Sun May 13, 2012 Home Buying in South Florida
SouthFlorida, Real Estate Pro in South Florida, FL
SouthFlorida answered:
What is the correct market value on 229 E Crystal Lake Street, Orlando FL 32806?
If you want a QUALIFIED opinion of Fair Market Value hire a local appraiser with over five years experience. Realtors do not know how to make adjustments for differences in gross livin ... more
0 votes Share Flag Wed Mar 14, 2012 Home Buying in South Florida
Gino Herring,…, Real Estate Pro in South Florida, FL
Gino Herring, SFR, REALTOR® answered:
I'm in the process of buying a short sale and the seller's relator is asking for a 1.5% negotiation fee from the buyer. Is this legal?
Hopefully this was taken care of by now....But...RESPA!

Gino Herring, SFR
954-770-5568
0 votes Share Flag Fri Aug 12, 2011 Home Buying in South Florida
Mark McCaw, Real Estate Pro in South Florida, FL
Mark McCaw answered:
I AM LOOKING FOR LAND IN S. FLA. CANNOT FIND THE RIGHT WEB SITE. CAN ANYONE MAKE A SUGGESTION WITH A HOUSE ON 20 ACRES ZONED AG FOR CATTLE?
Any Realtor can help you find the land with the proper zoning(s) that your looking for. Realtor's are also able to allow you to have access to their MLS Services for up to 90 days. ... more
0 votes Share Flag Mon Jun 13, 2011 Home Buying in South Florida
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