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General Area in Broward County : Real Estate Advice

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  • Home Buying89
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Activity 123
Thu Nov 17, 2011
Rob Weber answered:
Ryan,

This post is quite old but I thought I should point out to anyone reading this that these days, lenders do the paper pushing. If you live in a condo project that needs to be FHA approved, they will either need to consult with an outside company if they want it done or a lender (this option will be free) to get their project FHA approved. Most lenders (and loan officers heading the efforts) will want something in return. I.E. If I'm expending time and energy to help a condo association get approved, I want to be relatively sure that I'm getting something out of it (typically some type of free marketing or plug from the association). The mortgage company will foot the bill/time but that will only get you so far...

The most important piece of this equation is the association's willingness to COOPERATE with the lender to provide and if necessary, make modifications to the way they run the association to satisfy a lender. Sometimes the changes are subtle but must be done inorder to obtain the approval ultimately, other changes are difficult/impossible to accomplish. It's important to speak with a knowledgeable loan officer about the requirements and the apaperwork involved.

Lastly, the questionnaire below is quite old by now but that's generally the information being sought to determine eligibility for FHA approval.
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Mon Oct 10, 2011
Jennifer Susanne Sommers answered:
The City of Lighthouse Point is a small town located along the waterfront in Broward County, FL between Deerfield and Pompano Beach. Many of the homes in this attractive town are located on the water. . The city was named for the Hillsboro Inlet Lighthouse, which is located in nearby Hillsboro Beach. This community is tucked in between the Intracoastal Waterway and the commercial zone of Federal Highway, the residents enjoy a leisurely peace and life style.

Most neighborhoods are single family homes on streets that wind and twist with many cul-de-sacs in the 2.49 square mile community.

There are 18 miles of waterways, 13 miles of sidewalks/bike paths, and approximately 20 acres of parks and mini-parks. Local recreational amenities include the Lighthouse Point Tennis Center and Dan Witt Park for playing sports.
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Thu Sep 22, 2011
Robin Silverberg answered:
What happens when there is a short sale is that the 1st mortgage holder gets the bulk of the money, and the bank in second position gets a fraction of what they are owed. Whether you have excellent credit or love this house makes no difference to them. Sometimes they are offered $2500 and are owed $100,000. Think of what your position would be in this instance.
Sometimes these deals fall apart altogether because the second mortgage holder doesn't want to sign off on it. You may want to look around for another house of your dreams.
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Fri Sep 2, 2011
Catherine Kim Owens answered:
Tax rates in Hallandale Beach are a little lower than Hollywood...so are the prices.

If you have a particular building/unit/address you want to check, you can go to the www.bcpa.net website, and there is a tax estimator. Just plug in your purchase price and check the exemptions you might have, and it will give you an estimate, based on an average...however, is you want a more specific estimate, call Lori Parrish's office, and speak to the estimator for that district...he/she can give you a more specific estimate.

One does need to consider the maintenance fees, and the cost of insurance (especially in flood zones) to correctly analyze the true expenses of a property, and the future value, based on market demand, age of the building, the % of defaults, etc. That's why it's always best to get assistance from a professional realtor when you look/consider a property. Remember, even the Chair of For Sale by Owner, had a realtor sell his house.

Let me know if I can be of further service. I live in the Hallandale/Hollwyood area and am very active in the community.
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Thu Jul 14, 2011
Lynne Hale answered:
Hi:
No you do not need a real estate license to sell holidays online. The only time you would need that is if you were actually selling property.
Good Luck,

Lynne Hale, Broker-Associate, CRS, e-Pro, CIPS
Century 21 Hansen Realty Inc
954-303-0071
lynne@lynnehale.com
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Wed Apr 13, 2011
Misty Beier answered:
Try the New Homebuyer's Tax Estimator from the Broward County Property Appraiser's Network: http://bcpa.net/taxcalc.asp
Put in your purchase price and then check off what applies to you. It will calculate your estimated Ad Valorem Tax Amount. ... more
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Thu Feb 17, 2011
Boris Russanov answered:
Hello George,

not necessarily. It depends on what coverage you will chose.
0 votes 7 answers Share Flag
Thu Sep 23, 2010
Emily Erekuff answered:
Hi Mike,

Your question was duplicated on our site. You can thus find some additional answers to your inquiry at the links below.

http://www.trulia.com/voices/Home_Buying/I_currently_have_in_the_hands_of_a_title_compan-244470

http://www.trulia.com/voices/General_Area/I_currently_have_in_the_hands_of_a_title_compan-244472

http://www.trulia.com/voices/Agent2Agent/I_currently_have_in_the_hands_of_a_title_compan-244473

Best Wishes,

Emily Gibson
Community Moderator
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Sun Aug 22, 2010
Ligia Guzman Chacon,AHWD®,SFR answered:
Hi Matt,

Did you find a house in Weston? If not, contact me at lgcrealtor7@gmail.com. I will be more than happy to help you out. There are a couple of great houses in Weston Hills at amazing prices. Hope to hear from you soon. ... more
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Mon Aug 9, 2010
Terri Decubas answered:
A wide selection of stores and restaraunts, nightlife entertainment whether dining indoors or outdoors. Great shopping malls, movie theatres, conveniently located for transportation purposes, close to all major highways which can commute you north or south to the next major city in 20 minutes or less. Great schools, colleges and neighbors. I have lived in Pembroke Pines for 15 years. When my husband and I purchased our home together 15 years ago the previous owner happen to be a Realtor and he said "This is your first home? you will probably only be here for less than 5 years" Here we are 15 years later. We have the best neighbors and my child loves it here. Very family oriented and very highly recommended. ... more
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Mon Aug 9, 2010
Terri Decubas answered:
Hurricanes can never be taken lightly no matter what the category is. I am a native Floridian and have lived in Miami and Pembroke Pines for over 40 combined years. I have been through several hurricanes, including hurricane Andrew. I have lived in Pembroke Pines now for 15 years and we have had several hurricanes brush us and really never caused more than power outages and fallen trees and some roof damage.

The category alone of a storm is not the only thing to consider but also what side of the eye you are on when the storm hits. North of the eye or south of the eye. This determines where the stronger winds are and how much more severe damage a storm can impact. Good example, even though Wilma was a category 2 it did more roof damage to the Broward area because we got battered by the stronger winds because of the directon of the eye of the storm when it hit. A few years before that a category 3 brushed by us and there were fallen trees and power outages and barely anyones roofs were damaged. Always be prepared no matter what category! Stock up and board up.
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Sat Apr 3, 2010
Ed Poirier answered:
There is one new community currently being constructed in Parkland. There were 168 homesites opened up last year and they only have about 10 lots available as of April 2010 so you would have to move quickly. Other than that it appears that WCI will resume construction in the 3 communities that have left to build in Heron Bay within the next 12 months. Coral Springs is really out of usable land so there should only be a few small communities to build before Coral Springs reaches complete build-out. There are some nice resales in Parkland Isles, Fox Ridge & Heron Bay for homes built since 2000 if you can't find the new construction you like. For more information please call me at 954-255-0885 or email homes@edpoirier.com ... more
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Tue Mar 23, 2010
Jeff Holloway answered:
There are many different services you can subscribe to that will furnish that information. It sounds as if you have a product to sell a new home buyer.
1 vote 3 answers Share Flag
Tue Mar 2, 2010
Jeff Holloway answered:
Yes to ALL the above...what it really boils down to is this..."What's important to you where you want to live?" With that answered... now we have some direction to go...LOL hopefully you've bought by now since you asked this why back in April 2007... although prices have dropped dramatically! ... more
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Thu Feb 25, 2010
Goldteam answered:
For a free local CMA or area relocation, call Jay Tucker at 1.888.984.4437.
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Thu Feb 25, 2010
Bill Eckler answered:
Westchester,

Often the best resource for issues of neighborhood safety are the local police departments or county sheriff's department. They have access to the most current and accurate information and are generally willing to be helpful. ... more
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Thu Feb 25, 2010
gabriel palotas answered:
Yes an alarm clock. It scares me every morning. Imagine how well it will work with a stranger trying to break in.
If all fails a small machine gun will do the trick.
Lately i given up going high tech. Can afford the monthly cost of wireless security.
I now profess to be poor and scared. If all fails the best security is investing in a condo. Let the security guard keep you safe. Now on second thought that is real scary.
It boils down to who do you trust a wireless home alarm or your condo security guard?
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Thu Feb 25, 2010
gabriel palotas answered:
Mark,
The simple answer. Much to high. With our economy heavily relying on the tourist trade it will increase within the few months as we go off season.
The outlook for optimism is still there. As a state we have the good fortune to take the lead in a number of fronts.
Energy plants. Solar, thermal , nuclear.
Developers have an opportunity to invest in building and rebuilding obsolete homes that can meet and stand up to hurricane force winds. Introducing available products like solar tiles, thermal windows, generators, state of the art water purification systems. The demand is there. There is no better opportunity than now. Florida being one of the highest states hit with foreclosures is ripe and affordable for investors that see the potential.
Mark , this is the time for brave action. Florida is the future that can heal itself and provide plenty of job securities on all fronts if it is recognized for more than its tourist values.
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Sun Nov 22, 2009
Beth Jenkins answered:
Hi Pat,
Well, if you are speaking of South Florida it would be Hallendale in my opinion. I think if it is a matter of cost, the Hallandale real estate market is fairly low priced and there are still condos and co-ops that are almost striclty senior. Some are over-55 buildings, but that restriction has been easing lately.

I am sure there i sa demographic study to find out the scientific data, but I do think that seniors are a large part of the entire landscape in Florida, as many came here years ago before the real estate boom and were able to stay because they own their property outright. Aventura has many seniors, I believe they are just a hgher income bracket of seniors. in Aventura.
I woud be glad to answer in more specific terms if you wanted to know how it specifically relates to real estate, as in an investment stadegy for you as to where to purchase.

Beth Jenkins
Soth FloridaBrokers
786-374-4778
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