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North Central Hollywood : Real Estate Advice

  • All18
  • Local Info2
  • Home Buying8
  • Home Selling0
  • Market Conditions0

Activity 10
Tue Nov 1, 2016
Jacquie Yekmalian answered:
Hello,
Your lender will give you a good faith estimate which will give you a good idea of what closing costs will be. They are required to give this to you.

Good Luck

Jacquie Yekmalian
Realtor/Broker
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0 votes 2 answers Share Flag
Thu Feb 19, 2015
Dan Tabit answered:
Jess,
There are various options to consider, but we're not qualified to lay them all out to you. You're really asking a legal question that should be answered by an attorney licensed in your state who can candidly discuss all the options with you both together and separately.
I will venture one question that you should consider. Since you are contemplating adding your name to a 30 year commitment on a mortgage, why not get married? I don't know if Florida is a community property state or not, but this may resolve some of the issues. The lawyer would be able to present this option, a will and others for you to consider. Best of luck however it goes.
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Sat Oct 18, 2014
George Raymondo answered:
With 630 scores you should be fine. Please feel free to contact us if you need assistance.

Best of Luck!
0 votes 2 answers Share Flag
Fri Jul 25, 2014
Ronald Doty answered:
Check out the Ocoee, FL area for your family priorities. I have a house coming off a lease as of Oct 31st in a gated community on Apopka Lake that is across the road from one of the area's high schools. Check out the Trulia listing for 274 Eagles Path Xing, Ocoee, FL 34761 that has pictures & info you will need for comparison. Give my agent a call 407-207-0825 or email him: lawrence@mymovetoflorida.com . Close to all of everything that Florida can offer families with Disney World only 25 minutes away and anything else you can think of! ... more
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Fri Jul 25, 2014
Terry McCarley answered:
Tue Apr 9, 2013
Irina Karan answered:
If the property is sold through a realtor, the info gets entered into the system after the closing.
If the property is sold by owner, then the public records will show the sale.

Go to the public records of the county or the property appraisal section (they have great sales info there).

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
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0 votes 4 answers Share Flag
Tue Apr 9, 2013
Maggie Hawk answered:
T,
I would say one of the most important concerns for you as a foreign national is not where in Florida to buy, or which Realtor to work with.

Your foremost concern If you're considering a purchase of an investment property in Florida should be talking with an attorney who specializes in working with Canadian Buyers to structure their Florida real estate investmentsso as to maximize their profits and minimize their tax liability.

It just seems to me that if you're planning to buy an investment property here, you might as well do everything you can upfront to make it a worthwhile investment. Does that make sense to you?

Anyhow, with that in mind, you might want to read some articles such as the one referenced below, entitled "Are Acquisitions Properly Structured for U.S. Tax Purposes?":

http://www.jdsupra.com/legalnews/tax-structuring-of-foreign-investment-in-98826/

Good luck, and if I can be of further help, just click on my picture to contact me.
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Tue Feb 5, 2013
Susan Weaver answered:
Hi Thersa,

I have lived on Hollywood for the past 20 years and I specialize in Hollywood area properties. Not only is Hollywood a resort area visited by tourists and snowbirds from around the world, but it’s a great family neighborhood to live in all year round. My office is on Harrison St, in the heart of Downtown Hollywood. I would be happy to show you all the different Hollywood neighborhoods so you can see which one fits your requirements. Please contact me with any questions or requests, or to set up a FREE listings notifier that will email you properties customized to your exact criteria as soon as they come on the market. I look forward to hearing from you!

Sincerely,
Sue Weaver
Coral Shores Realty
1948 Harrison St
Hollywood, FL 33020
954-668-9056
Sue@SueWeaver.com

Click here to view Southeast Florida Real Estate.
Subscribe to my youtube Southeast Florida Real Estate channel at http://www.youtube.com/user/susierealtor.
Visit my active rain real estate blog at http://activerain.com/blogs/sueweaver.
Read my Southeast Florida Real Estate Blog at http://www.southeastfloridarealestateblog.com.
And my Florida Beaches Real Estate Blog at http://www.florida-beaches-real-estate.com/
My other websites:
Hallandale Beach Real Estate: http://www.Hallandale-Beach-Real-Estate.com
Fort Lauderdale Beach Real Estate: Http://www.Fort-Lauderdale-Beach-Real-Estate.com
Sunny Isles Beach Real Estate: http://www.Sunny-Isles-Beach-Real-Estate.com
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1 vote 7 answers Share Flag
Mon May 14, 2012
Gregory Damiani answered:
Myriad. First and foremost is time. I have had short sales take 2 years!! I think you need to realistically expect 3 months from offer to successful close - UNLESS - you step in the shoes of another buyer that "bailed" or was unsuccessful for some reason. This can drastically shorten the time frame.

Next, in no particular order, you as a buyer should expect to pay fees and expenses you would not ordinaruily have to pay per the contract. For example - the contract may specify seller pays for title abstract, local lien inquiries, association arearages and / or special assessments passed by an association. These items may range from a few hundred to several thousand dollars. Short sale lenders routinely reject such items on the Seller's side of the closing statement. Often your only option as a buyer is to pass on the deal or pay all or part of such fees and costs.

You often have an unmotivated seller. In a "normal" transaction, there are many things that a seller would agree to do in order to facilitate a transaction, from making minor repairs to cooperating with the Buyer in regard to scheduling the closing date. When the seller stands to gain little from the transaction, their motivation to help is also "little."

Your transaction may hinge on the approval of MULTIPLE lien holders accepting less than they are owed. Additionally, your seller may be insisting he/she be release from liability for the deficiencies. All out of your control.

The foregoing is not meant as a condemnation of short sales - you simply must go in with your eyes open and realize it is not a regular deal.

Gregory Damiani
www.closingexpress.com
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Wed Apr 7, 2010
Catherine Kim Owens answered:
one can be pursued for deficiencies, both current and future, unless the borrower specifically asks to be released from the deficiencies. I have several short sale deals that are ready to close, but because the borrower is asking for release, the deals have been delayed, waiting for a response. It is always good to hire an attorney to request such releases; however, one can do it him/herself. ... more
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