Are you looking for a house, townhouse or a condo? Some of the 55+ communities have all three, but smaller, cozy ones are only consist of either homes or condos. I live in Boca Raton and my 55+ community has only 44 single family homes with decent size backyards, but you don't have to worry about cutting the grass and bushes: community does it for you as well as it takes care of a community pool and a hot tub.
You have to figure out what you like first and it's not a problem to find you suitable property for your money. :o)
Call if you like to discuss:
Most of your questions pertain to your purchase agreement, which are best answered by a lawyer as it requires legal interpretation of a contract. How notice should be given regarding inspection results should be covered in your contract, but it may not if you used a boiler plate contract from a big box store.
However, I can respond to the question about disclosure of defects. FL homeowners are required to disclose to buyers facts or conditions about the property that have a substantial impact on it's value or desirability that are not readily observable. Aluminum wiring would fall into that category.
This is a perfect example as to what can happen when people go the FSBO (for sale by owner) route vs hiring a professional agent with experience handling these and other types of issues. Not all closings are smooth sailing.... more
Glad to hear your interested in Lighthouse Point, it's a great area! There are plenty of private schools around here. What grade level are you looking for? My wife is actually a former teacher at Lighthouse Christian School which is pre-school through 8th grade. Please give me a call if you have any questions as I am an area expert because I live and work here. Have a great day!
Real Estate Broker / Owner
Somerville Real Estate, Inc.
Mortgage Broker / Owner
SRE Financial Corporation... more
This is really a question for an Attorney. When you deal with Title Issues, there are matter that only someone that has specific knowledge can answer. If you don't know a Florida Attorney, you can go here: http://floridalawhelp.org/
You are going to get a lot of suggestions, but after having got cheated, my best advice is to get references, and go see the property that the contractors are claiming they did work on. Doing the work, and guaranteeing their work, are both very important.
Any contractor that is reputable will have 2-3 current references....... more
By the way, Carmela, I am originally from the Pittsburgh area also. If your property is still for sale, I may have a buyer, or if you are still looking to buy a place contact me at www.debwolf.keyes.com. I am excited to help a fellow eastern Pennsylvanian.... more
I am not an official anything...agent, broker, insurance salesperson. I can only tell you that i have been looking for a home for years...and what always pulls me back is the homeowners insurance. I have looked on the east and west side...usually at 1200-1500 sq ft homes. For flood and wind i have gotten quotes varying from 4200 to 6800/year. Big factors include home value (cost of replacing the home), flood zone, construction type, age of the home, age of roof, the deductible you choose. But i think what mostly impacts the price is the four point inspection and your hurricane protection (either impact windows or shutters). And with hurricane protection it's all or nothing. If you have an exposed skylight, bathroom window, whatever, that doesn't meet their standards, you do not get the credit.
Again, this is all in my experience (with shopping around, even tapping into a family resource who owns an insurance company).
I have a friend in Wilton Manors on the water who pays less then 4k/year...go figure. I do think he was grandfathered in before the last big hurricane. Also, be aware...Citizens is in the works to up their rates currently.
By the way, the last two houses i almost purchases, both in good condition with roofs under 5 years old, both west of 95, came in at 6400...one in Riverland, one in Palm Aire.
Good luck. I don't know how much longer i can afford to live here at those rates.... more
A good rule of thumb is 2% of purchase price. Now, if you are planning to live here for 181+ days, then you would qualify for homestead exemption. Hope this helps out.
Gary Youngman below provided a chart that may help:
Always a pleasure,
Jennifer Sommers, Nestler Poletto Sotheby's International Realty
One South Ocean Boulevard, Suite 11 âƒ“ Boca Raton, Florida 33432
O. 561.235.7777âƒ“ C. 786.390.9299 âƒ“ F. 561.997.2614
Jen@AgentBoca.com âƒ“ www.AgentBoca.com... more
On top of the fee there is also minimum purchase requirements -- I believe it was $200 per month for the summer membership, so add $1200 to that price. We mostly used it buying lunch by the pool and a night of family bingo with dinner. They have a lot of events and activites, it's a great place.... more
I had something similar happen. The homeowner was in NJ and playing games. For some reason, HE was supposed to be forwarding the offer to the bank or he was required to sign the approval of the offer. Of course he approved the offer via the phone but didn't bother to sign or forward any paperwork, either to the bank or to the agents. It was just a big run around. He stalled the whole process enough to be able to work out another arrangement that benefited him much more. I expect that arrangement will bite him in the butt and aggravate him the way he aggravated us -- at least we can hope so!... more