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Jupiter : Real Estate Advice

  • All210
  • Local Info22
  • Home Buying65
  • Home Selling14
  • Market Conditions9

Activity 269
Yesterday at 4:21am
Tom Priester answered:
Rosemarie,

There are actually very few age restricted developments in Jupiter, Florida, Fisherman's Landing is a great little centrally located community with awesome 2 bedroom attached villas. Jupiter Inlet Condo enjoys an amazing direct waterfront location in the heart of the Inlet District. Just down the street Jupiter River Park offers manufactured homes some with docks. Mangrove Bay is a bit further south but again very close to the water and a bit higher on the price scale. Park Plaza offers one and two bedroom condos directly across from the beach and walking distance to many fine restaurants and shopping opportunities. Wingfoot in the Indian Creek area offers great value.

If you expand your search to Tequesta, Palm Beach Gardens and North Palm Beach you will have other options as well. If you head a bit further north into Martin County there is even more value. The key is having the ability to be informed of the best new opportunities as they tend to sell quickly in the Northern Palm Beaches.

Best of luck and if Paradise Sharks can ever be of assistance in any way just let us know.

Fins up.......
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Wed Oct 25, 2017
John answered:
WHAT IS THE FORM TO CANCEL LISTING SELLER AGREEMENT
0 votes 18 answers Share Flag
Tue Oct 24, 2017
Tom Priester answered:
Pat,

If you are looking for a rental beachside in Jupiter it is critical that you set up a very specific search and are able to act quickly on the very best opportunities. Many units are rented furnished seasonally and the well priced annual rentals can get snapped up in days.

If you need any help setting up a game plan to win please feel free to contact us at your convenience.
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Sat Sep 30, 2017
Tom Priester answered:
Taylor,

So much depends on what type of auction you are looking to participate in. If you are inquiring about a foreclosure auction through the Palm Beach County Clerk you need to fully research the process. You will need to close on the transaction very quickly with cash so you would need private funding available to fund immediately. There are many other auction vehicles however, not as many as when the market was a bit more challenged than we see today.

The reality is your best bet of finding a great deal is not through the auction process but if we can be of assistance in any way please feel free to contact me at your convenience.
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Sat Sep 30, 2017
Tom Priester answered:
Taylor,

So much depends on what type of auction you are looking to participate in. If you are inquiring about a foreclosure auction through the Palm Beach County Clerk you need to fully research the process. You will need to close on the transaction very quickly with cash so you would need private funding available to fund immediately. There are many other auction vehicles however, not as many as when the market was a bit more challenged than we see today.

The reality is your best bet of finding a great deal is not through the auction process but if we can be of assistance in any way please feel free to contact me at your convenience.
... more
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Sat Sep 30, 2017
Tom Priester answered:
Floridian,

So much depends on what type of auction you are looking to participate in. If you are inquiring about a foreclosure auction through the Palm Beach County Clerk you need to fully research the process. You will need to close on the transaction very quickly with cash so you would need private funding available to fund immediately. There are many other auction vehicles however, not as many as when the market was a bit more challenged than we see today.

The reality is your best bet of finding a great deal is not through the auction process but if we can be of assistance in any way please feel free to contact me at your convenience.
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Sat Sep 30, 2017
Tom Priester answered:
Floridian,

Please feel free to contact me if you are still looking for assistance. This home has been on the market since June 16th and has been under contract three times during that period. It just came back on the market, presumably because the financing fell through, so if you want to make a move on it your timing may be perfect. It is very easy to see and I do have a little time tomorrow afternoon available.

This is a popular floor plan in Jupiter Village and sales prices through the real estate community have been between $181,000 and $190,000 over the past year. We love people seeking knowledge on Trulia and will credit you $1,000 on the closing statement if you contact us and use Paradise Sharks as your broker on the purchase of this property. Just tell me I answered your question about 212 Palmetto Court on Trulia.

Best of luck with your search......
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Sat Sep 30, 2017
Tom Priester answered:
April,

Contracts are enforceable and it all depends what contingencies were included in the contract. Generally speaking, the vast majority of residential real estate contracts in the Jupiter area are written on As-Is contracts. Typically, there is an inspection period that if not yet expired is an easy way to cancel a contract as more often than not the contract is really nothing more than a free option during this contingency period.

If you had an inspection period and it has expired your options are probably tough. You may have a financing contingency but not as easy to just walk away using this contingency. It is critical that anyone doing real estate of any kind, buying or selling, interview at least three brokers and ask a lot of questions. It is crucial to be informed as mistakes in real estate can be very expensive.

I am hoping you are represented by a broker and you really need to sit down with them, go over the contract terms in details and fully understand your options as if you do not choose to move forward your earnest money may be in jeopardy.

The best of luck in resolving your situation.......
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Tue Sep 19, 2017
Tom Priester answered:
Floridian,

If you are going to build a new home in Jupiter current codes will not allow you to build a frame constructed home. That should be a signal. Look at what a Category 5 storm did to frame constructed structures. That should be a signal. In Jupiter so far in 2017, a median priced CBS home sold for $495,000. A median priced frame home sold for $385,000. That should be a signal. Call your insurance company and ask questions. They will certainly give you signals especially closer to the beach.

Like anything real estate ask questions, get educated and make informed decisions. I commend you for seeking knowledge.

When the local market was really tough after the 2006 crash it was tough selling a frame structure here in the Jupiter area. Since inventory has tightened up, they sell well. In many cases condition and the quality of finishes are a huge factor. A frame constructed home with a concrete based siding material and impact windows will certainly be worth more than one without these features.

However, you will also probably be able to get more bang for your buck by purchasing a frame constructed home so sometimes it may come down to budget and what is available for a particular buyer. If you do decide to purchase a frame home please have it professionally inspected. Mold and termites are issues with real estate in Florida and these problems can be more problematic with a frame structure. Budget, exterior walls materials and condition, roof type, installation, materials and condition the list goes on and on but keep asking questions.

We find that most people who ask enough questions will opt for a CBS home unless budget dictates otherwise or a really nicely finished and built frame home hits their radar screen. The very best of luck and keep on asking questions. We LOVE buyers and sellers of real estate to make fully educated decisions!
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2 votes 1 answer Share Flag
Sun Jul 23, 2017
Bgarland answered:
I want to cancel selling my home as am now under the care of a doctor. Just the thought of trying to pack and move and find a new home makes you suicidal. Any ideas to get out of the contract as settlement is in 30 days ... more
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Tue Jul 18, 2017
Robin Donovan asked:
Mon Jun 26, 2017
Robin Donovan asked:
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Sun Jun 25, 2017
Tom Priester answered:
Tjaman2002,

I do not see a date set for an auction. The last recorded document was an assignment of mortgage back on March 20th of this year. A local firm received a certificate of title from a foreclosure by the HOA back in September. That firm put the unit on the market at $199,000 on June 13th and within a couple days it was under contract in what appears to be a solid sale.

The market in Riverwalk is red hot as buyers continue to act quickly on lower priced opportunities in the Jupiter market. Only 2 active listings as of this morning which represents a 19 DAY inventory level based on 12 month sales. Anything priced and marketed properly will sell in days if not hours.

Both buyers and sellers in today's market need to be well informed and make educate decisions. Mistakes in real estate are expensive and we don't like seeing anyone make them.


Tom Priester
Paradise Sharks Real Estate
561.308,0175
tom@paradisesharks.com
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1 vote 1 answer Share Flag
Sun May 7, 2017
Jordan Redar answered:
Your county may post the time/date of the auction on their webpage/affiliate page. Call the county clerk to see if they can direct you.

Good Luck!

Jordan Redar
0 votes 2 answers Share Flag
Sun May 7, 2017
Jordan Redar answered:
There's possibly a brokerage fee that you'll have to pay, but if you just talk to your brokerage they quite possibly would just consent. That is, unless you are under a Purchase/Sale Contract from a qualified buyer, you may have to pay commission since a buyer was procured by the brokers' marketing efforts. It's always great to speak to an attorney, as well ; ) ... more
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Thu Apr 27, 2017
Kathy Burgreen answered:
Probably not BUT I would bet that Trump is doing it & he owns plenty of property in both states. Also what about all the retirees in Florida. I know guaranteed they own property in both states (because they are my friends) & yes some are claiming property tax exemptions in both states. ... more
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Fri Dec 9, 2016
Tom Priester answered:
AJ,

As you are probably finding out having a pet makes finding the perfect home a little more difficult and having multiple pets adds another hurdle. The important questions is how "medium" are your medium dogs as many communities have weight restrictions.

In the Bluffs proper, the only town home community is River North a DiVosta "quad" and they only allow one dog under 25 pounds per association rules. There are other developments south of Marcinski and in the general Jupiter beachside area. However as of this minute through the real estate community we have nothing east of the Intracoastal for an annual unfurnished lease of a town home.

In the overall Jupiter market we have 7 properties that may work with your dogs with list prices between $2,100 and $3,500. The median rental price for a town home in Jupiter so far this year is $2,000.

If you want me additional information we would be happy to assist you in finding the perfect home here in the Jupiter area.......


Tom Priester
Principal Broker

Paradise Sharks
561.308.0175
info@paradisesharks.com
... more
0 votes 1 answer Share Flag
Fri Nov 25, 2016
Scott Godzyk answered:
Your agent needs to change the status of the listing to withdrawn or expired. Then you will have to re-enter it as active
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Thu Nov 24, 2016
Tom Priester answered:
Tulk,

We wish you the best of luck with the sale of your home here in Jupiter. Getting the best price for your property is not difficult it just takes a few easy steps.

https://tompriester.wordpress.com/2016/10/31/how-to-sell-your-home-for-the-most-money/


Tom Priester
Paradise Sharks
... more
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Tue Oct 25, 2016
Tom Priester answered:
Mstalheim,

After you close on a property there would be no difference if the Florida As-Is Residential Contract for Sale and Purchase contract was used or the Contract for Residential Sale and Purchase. We have been involved with the real estate industry for 25 years and in almost all cases will advise our clients to use the As-Is contract because it allows them better options in the event a transaction must be cancelled. There are other reasons but the inspection period very specifically makes the contract unilaterally voidable by the buyer during the inspection period and they really do not need a reason. After a closing the contract utilized will be of little difference but during a transaction be informed.

Whenever doing anything real estate we advise everyone to interview at least three brokers. Make sure you find one who can answer your questions about how they will professionally assist you to meet your goal's and what it is going to cost you.

The very best of luck to you with all your real estate goals. Fins up.....


Tom Priester
Principal Broker

Paradise Sharks
info@paradisesharks.com
561.308.0175
... more
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