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Market Conditions in Melbourne : Real Estate Advice

  • All264
  • Local Info19
  • Home Buying86
  • Home Selling4
  • Market Conditions14

Activity 25
Wed Sep 9, 2015
Fmeloh answered:
re homes moving in Melbourne, is it worth trying a flip or is the market still stagnent or dropping. Thanks
update for year 2015! please!
0 votes 5 answers Share Flag
Sun Aug 30, 2015
Jon.smirles asked:
Is there a hot area in Melbourne to buy a town home or condo that is expected to see steady increases in its value?
0 votes 0 Answers Share Flag
Fri Jun 19, 2015
Sally Grenier answered:
Most condo HOA fees also include hazard insurance (typically they cover the exterior, roof, etc.). You should ask your agent to ask the listing agent/seller and find out what's included or not. Once you know what the HOA covers or doesn't cover, then you should probably call your insurance agent to get a quote for covering everything else. ... more
0 votes 1 answer Share Flag
Thu Nov 13, 2014
Tammy Hayes answered:
The best resource you can use for crime statistics is the local police or sheriffs department. See if they have online crime stats on their web site. If not, contact them in person. Give the address you are interested in and they can look up information for you. ... more
0 votes 2 answers Share Flag
Thu Apr 3, 2014
daniel edgerton asked:
This question was asked from http://www.trulia.com/homes/Florida/Melbourne/sold/20195118-3374-Cloudberry-Pl-Melbourne-FL-32940?ecampaign=con_day_propertysearchsold_bk&eurl=www.trulia.co…
0 votes 0 Answers Share Flag
Thu Apr 3, 2014
daniel edgerton asked:
This question was asked from http://www.trulia.com/homes/Florida/Melbourne/sold/20195118-3374-Cloudberry-Pl-Melbourne-FL-32940?ecampaign=con_day_propertysearchsold_bk&eurl=www.trulia.co…
0 votes 0 Answers Share Flag
Sat Jan 11, 2014
Phil Rotondo answered:
The listing states:
Stainless Still appliances include dishwasher, microwave, electric oven and ceramic cooktop and refrigerator.
A/C is central air.
So you're good.
Please let me know if you need further information or would be interested in this property.
Phil Rotondo, Realtor
Coldwell Banker Residential Real Estate
Melbourne, Fl.
mailto:phil@321property.com
... more
0 votes 2 answers Share Flag
Sun Jan 5, 2014
Jason Lande answered:
Typically the price is an appraisal price that the bank sends someone who is qualified to go and do. Be careful of the homes that might have back due HOA fees and other liens. Sometimes the bank doesn't take care of those


If you have any question please feel free to call me or email me
Thanks
Jason Lande
Realtor
cell:321-356-6419
email:jasonmlande@gmail.com
website: http://jlande.mybrevardfloridahomes.com
... more
0 votes 7 answers Share Flag
Thu Dec 5, 2013
Jason Lande answered:
The school listed for this address is Melbourne High School. Here is the link to find out what school any address is zoned for in Brevard County:
http://edulog.brevard.k12.fl.us/edulog/webquery/ .
Please feel free to call me at 321-356-6419 for any more information about the area
Thanks

Jason Lande
Realtor
EXIT 1st Class Realty
https://jlande.mybrevardfloridahomes.com
321-356-6419
... more
0 votes 3 answers Share Flag
Mon Sep 30, 2013
Rekha Vyas answered:
The monthly fees for 4560 Beck Lake Trail Unit 3 113A are $ 300.00
There are three other units, also for sale currently in this subdivision. There are about 20 other condos and townhomes for sale in the vicinity. Please call me so I can discuss this further and email the listings to you.
Best regards
Rekha Vyas, CRS,GRI,SFR,ePro
Broker Associate, Realtor
Keller Williams Realty Brevard
321 759 4409
http://www.RekhaVyasRealtor.com
... more
0 votes 2 answers Share Flag
Sun Jul 28, 2013
answered:
Very!

If you need a lender who is very familiar with the area, please let me know as I would be happy to assist!
0 votes 9 answers Share Flag
Tue Jun 25, 2013
Jinger Knox answered:
Lamplighter village is a unique community, it is more than just an association. I visited there yesterday and was surprised to see the activities that they offered their residents as part of their regular fee's. They were making pottery in the club house and all of the materials and classes were included. What a great community to stay active in.

I am lucky enough to have a listing in here that is lake front. What a gorgeous home with crown molding, tray ceilings and screened in porch with a great breeze :) Let me know if I can help with any additional information.

Jinger Knox
Four Star Real Estate
321-288-1689
SL3273910
... more
0 votes 2 answers Share Flag
Sun Jun 2, 2013
Maggie Schultz answered:
There are actually 2 HOA fees: $237 per month to Magnolia Pointe covering Lawn, landscape, Community Pool, Gate, Common areas and more and $213 per year to Suntree Master HOA which covers all the lakes and common areas of Suntree.

A great community to live in and enjoy! How can I help you further?
... more
0 votes 2 answers Share Flag
Wed Feb 20, 2013
Phil Rotondo answered:
Please see the following link:
.
http://maps.yahoo.com/#q1=904+Cherry+Hill+Ct%2C+Melbourne%2C+FL+32940-7036&q2=Orlando%2C+FL&lat=28.538231&lon=-81.377388&zoom=10&mvt=m&trf=0
.
The property is still for sale; so please let me know if you need further information or would be interested in this or any property.
Phil Rotondo, Realtor
ERA Showcase Properties and Investments,
Suntree, Melbourne, Fl.
mailto:phil@321property.com
... more
0 votes 3 answers Share Flag
Tue Dec 18, 2012
John Lucas answered:
Elementary: Quest, Middle: Kennedy, High: Viera

Visit http://reliancetrustrealty.com/resources/schools to search other addresses!
0 votes 3 answers Share Flag
Tue Nov 13, 2012
Lori Hurwitz answered:
wouldn't accept link - trying again!

Lori Hurwitz
The Britton Group
321-544-4382
0 votes 3 answers Share Flag
Sun Oct 21, 2012
Phil Rotondo answered:
Good Morning Syoungyun;
Taxes are paid in arrears by the owner; so you will only be responsible for the taxes starting the date that you close on the property.
Most of the closing costs (title search, prep, documentary stamps) are paid for by the seller.
Your costs would be the amount of the purchase, the cost of your structure and termite inspections (about $300.00), and, if you are financing, any of your lenders costs.
.
Please let me know if I can be of help in your purchase of this or any other property in Melbourne.
.
Phil Rotondo, Realtor
ERA Showcase Properties and Investments
Melbourne, Fl.
1-321-394-7878
mailto:phil@321property.com
... more
0 votes 1 answer Share Flag
Sun Sep 12, 2010
Joan Berrios answered:
Charlene, It is not listed in the MLS -- must be by private owner. You may need to ck with them at that address.

Sorry.
0 votes 1 answer Share Flag
Mon Aug 9, 2010
answered:
Pricing is a matter of supply and demand: if more property continues to come on the market, and the demand does not change, than prices will surely drop. While prices may further drop, the interest rates are currently at the lowest that they have ever been. You would have to go back to the middle ages to find lower interest rates. So, eventhough home prices may fall a bit more, the interest rates are most likely going to rise due to increased inflation, a decreased appetite for US debt, as well as a strengthen dollar vs the euro and the yuan. I made a short video blog on the subject below. It is impossible to time the market, and you will do much better buying on the way down, vs buying when prices are going up. ... more
0 votes 2 answers Share Flag
Wed Aug 5, 2009
Cheryl Griffith answered:
Hi Noel!
I just sold a unit in the 32940 zip code to a buyer whose intention was to rent it out. The unit was a 2 bedroom, 2 bath, and sold as a short sale for $70,000. In less than 1 week, the new owners had it rented for $800 per month. Other complexes in the 32940 area have had leases in the last 2 months as high as $1,100.

If you are planning to finance your purchase, it may limit your options as to which condo you can buy. Unless you are putting down at least 20%, lenders won't touch complexes that are not "warrantable" by the FHA standards. Unfortunately, many complexes have a percentage of owners who are delinquent on their association fees and/or the association does not have enough in reserves to meet the requirements. I can better explain this to you and check on the complex referred to in your question if you want to call me with a bit more information. I would also be happy to help walk you through finding the appropriate unit to purchase and later rent. My directly phone number is (321) 604-8930.
... more
0 votes 3 answers Share Flag
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