A HELOC is generally at a higher interest rate than a first mortgage.
You would have to do the math on a refinance ..... if you pay closing costs with a new lower interest rate how long will it take to you to have a positive ROI versus just paying extra principal on the existing loan.... more
It depends on your budget. If you want to be near downtown then the prices are higher.The area beween 95 and Swinton can be iffy. That section of Delray is home to halfway houses etc. Docs and the library are the unoffical divider of the good and bad side of the tracks.
Anything after Swinton is good and expensive, as long as you don't venture too far from Atlantic. If you want to be west of 95 then there are a lot of nice communities, some gated and some not. It just depends what you are looking for and how much you have to spend.
If you are going to be looking for public schools in the future you are better off looking in Boca Raton. East Boca has Addison Mizner which is an excellent elementary school and the neighborhoods for that school are Boca Raton Square, Palm Beach Farms and Royal Oak Hills etc. In Delray the best elementary school that is east is probably JD Spady but its a lottery school so not everyone gets in there.... more
Very simple. Go on zillow and enter the city or town. Click the yellow marker that says "recent sales". It will bring up all the properties that have sold. It will show sale price, sold date, size of home, price per sq feet. Many will show time on market including price changes. Also several will have pictures of the home and the description. Finding Comparable market analysis is very easy using zillow and you don't need an agent to check MLS. They love to say that because you need an agent to check mls where as you don't for Zillow. Good luck... more
Use the link below to search all properties in the area as the information will be current. Give me a call for more information on neighborhoods and school districts as I would be happy to share what I know to save you some time and money. Good luck.
I have lived in the West Boca 33428 zip code for 15 years. I have sold numerous homes in the area and am very familiar with the school systems and the local amenities. The developments in the immediate area have homes that range from the mid-$200's and up.
Feel free to give me a call @ (954) 295-7116 to help narrow down your needs.... more
Since you are not involving a bank for a mortgage it would be entirely up to the seller or homeowner to let me discuss your current credit situation to properly structure the deal so its suitable on both ends. Even if they say yes you may not agree to terms, keep in mind some homwowners are not eligle to do a short sale and owe more than the property is currently worth, therefore a lender would not lend above appraised value to a person with good credit using conventional financing. This may open up some good opportunities for you to get into a home as long as you are willing to accept some terms that may not be acceptable in a traditional deal. Feel free to contact me to discuss options and properties that offer owner financing.
Russ Greenberg, RELO "Experience Counts"
561-445-8782 - Direct
Florida's Real Estate Leader since 1926, 30 offices serving South FL
Keyes Real Estate, Mortgage, Title, & Insurance
Boca Blue Lake Office
1200 Yamato Rd Suite B-1
Boca Raton, FL 33431
Oh boy, don't send him to the VA website if he's looking for a "clear answer" to anything! I'm a Veteran and have a VA loan and have worked with clients using VA loans and, no matter how you slice it, the VA is not usually very helpful and their website is downright awful!
The VA standard is 2 years from short sale to new loan, but I believe you may be able to find a lender who can work around that, especially if you kept making your payments. The key is to find a good loan officer. Best of luck with your transition and thanks for your service...Jim... more
The biggest difference would be the taxes paid...both are magnificent cities to call home. The biggest difference between them would be home prices. Prices in Boca tend to be a little higher....both cities provide great sunshine, entertainment, beaches and friendly people. They are right besides each other and could get to enjoy the benefits to either.
If you require any additional assistance in the search of your new home, please do not hesitate to contact me. Here to assist you in your home search....
Just want to comment that sometimes it is NOT a good idea to have your agent present. The Buyer's agent is already very comfortable working with her buyer and doesn't need to be inconvenienced by having to wait for the listing agent to accompany the showing.
Also I have to say that some listing agents make the showing very uncomfortable because they have a different personality "style" that may not work with the Buyer's personality.
You may be shooting yourself in the foot if you "require" your listing agent to accompany every showing. Your house should "sell itself" with the correct price and immaculate condition.
1) Make your home "easy" to show with just an hour's notice
2) Sanitize your house so you or a buyer would be comfortable eating off of your floors!
3) no evidence of pets (remove cat boxes, dog bowls, leashes, etc. from sight for showings)
4) painted surfaces should be immaculate and look like they were just painted
5) all kitchen appliances should match, no mixture of stainless, white, black appliances, etc.
6) Less is more--declutter, declutter, declutter
7) empty the garage (put your junk in storage until your house sells)
8) landscaping needs to look like a golf course and Disneyworld -- add some colorful plants
You're going to love Boca Raton! Priort to living in Boca Raton, I have lived all over...Ohio, Arizona, Cali, Miami, and other areas in South Florida.
I personally had a misperception on Boca Raton...and they were all incorrect. Life in Boca Raton is everything you imagine and moreâ€¦great weather year round, soaring palm trees, and turquoise Atlantic waters.
Boca Raton is conveniently located between West Palm Beach and Fort Lauderdale. West Palm Beach is only about 25 miles North, Fort Lauderdale is only 25 minutes south, and Miami, less than an hour away, which offer a nightlife second to none, in addition to notable art museums.
There is fabulous entertainment around town, culture, recreational activity, stylish shopping, fantastic restaurants and outdoor fun one can experience in South Florida.
For the water lover, south Florida is the Yachting capital of the world! There are exciting offshore excursions, , waterskiing and windsurfing -each to be enjoyed in the warm waters of the Atlantic. For the land lovers, experience championship golf courses and amazing country clubs!
Sports lovers can enjoy professional football, baseball, basketball, and hockey games and championships.
So what i'm getting a, is there so much to do here! And there really is an area for everyone that will be perfect for you.
Ricki, if you need help discovering the areas Boca Raton has to offer, It will be my pleasure!
You can also check out my "it" Guide at http://www.agentboca.com/jennifer-sommers-is-platinum/boca-raton-delray-beach-and-highland-beach-guide/
Your HOA board of directors will probably have to do a special assessment or increase your assessments to cover the shortfall. Many HOAs are seeing an ever increasing number of homeowners who are not paying their assessments so it places a higher burden on those that do pay. If a property has any equity (unlikely in this market), your HOA can have an attorney file a lien and then foreclose to get paid for up to a year's HOA assessments and the legal fees. You can request financial documents from your HOA and they're required to supply them within 10 days if you want to see where your money has been spent. There's an interesting website that you may want to visit: http://www.ccfj.net/
Hope this helps you.
All my best,
Alma Rose Kee, P.A.
Real Estate Consultant
Charles Rutenberg Realty, Inc.