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Home Buying in Palm Beach County : Real Estate Advice

  • All123
  • Local Info7
  • Home Buying83
  • Home Selling6
  • Market Conditions3

Activity 1,957
Mon Apr 24, 2017
Janice Sturgeon answered:
Many associations view the 80/20 rule different. All must have 80% of the owners at least 55 and over (one occupant at east in the condo) When the ratio gets close to the 80 they will not allow a younger person in. Some associations will never let a younger than 55 person in because when an owner passes and the inherited person is less than 55 and that makes the ratio change. ... more
0 votes 8 answers Share Flag
Mon Apr 10, 2017
Kathy Burgreen answered:
You need to learn what lease option / rent to own is because if you don't have $10,000.+ to put down on a home, then you don't qualify to do lease option.

LEASE OPTION OR RENT TO OWN:

You will sign a contract with the owner/seller that has terms in favor of the seller - not you.
You will need a large upfront deposit (at least 20%).
You will be required to pay a monthly rent + a premium rent that goes towards the down payment and/or price of the home. Your monthly rent will be more than $2,350..
If you don't buy this house or don't qualify for a mortgage loan, you lose all the money you paid.
The owner/seller keeps all of your money (deposit, rent payments & premium rent payments). There are no refunds. It says so in the contract you will sign.

And you wrote that you don't want to pay rent anymore? My answer - too bad, so sad.
... more
0 votes 1 answer Share Flag
Fri Apr 7, 2017
Jonathan Klurfeld, Esq. answered:
The "peak" is really now until October. Since it's always relatively warm here you dont have huge fluctuations in the market due to weather/winter.

If you are looking to buy in Delray/Palm Beach County give us a call at 5617714457 or info@hkrealtyfl.com and we can explore your options. ... more
0 votes 1 answer Share Flag
Thu Mar 30, 2017
Jennifer Susanne Sommers answered:
Hello Zdagsi,

What is your price range? There are a ton of fabulous communities especially some that offer Tennis, clubhouse with resort style swimming pools. Below is a list of gated communities. If I have an idea of your price range, I can better assist you with gated communities in Boca Raton, Florida.

Best,
Jen Sommers
Nestler Poletto Sotheby's Intl Realty
... more
0 votes 6 answers Share Flag
Mon Mar 27, 2017
Jonathan Klurfeld, Esq. answered:
Are you specifically looking for a country club community? Country club and budget conscious are not exactly synonymous. Most country clubs in Boca require an equity buy-in, yearly dues for the club, AND a monthly HOA.

If you are looking in Boca contact us at 561-771-4457 or info@hkrealtyfl.com and we can diiscuss further and find some options for you
... more
2 votes 1 answer Share Flag
Sat Mar 25, 2017
Annzeekay asked:
as realtors know that 95 % people dont want to buy a country club house but most of the listing have country club houses mixes with regular houses so it is time wasting for the buyer after…
0 votes 0 Answers Share Flag
Fri Mar 24, 2017
Jacquie Yekmalian answered:
Hi Teedmink,

Go West my friend, go West.
Areas West of State Road 7 have homes on some land that will make you and your Greyhound doggies very happy. I would suggest you look in Royal Palm Beach and The Acerage, West Lake Worth.

I specialize in Pet Friendly Communities. If I can be of help please contact me.

Jacquie Yekmalian
Realtor/Broker/Owner
Blue to Green Realty
www.isellflahomes.com

Take a look at my link called Pet Friendly on my Website.
... more
0 votes 1 answer Share Flag
Wed Mar 22, 2017
Jonathan Klurfeld, Esq. answered:
In short yes, they can do their own background check for association approval.
0 votes 1 answer Share Flag
Mon Mar 13, 2017
Jennifer Susanne Sommers answered:
There are lots of great homes in East Boca, new construction. Golden Harbour Boca Harbour, Bel Marra, Boca Villas lots of new construction going up there.

Selling Sunshine,
Jen Sommers
Nestler Poletto Sotheby's
... more
0 votes 2 answers Share Flag
Mon Mar 13, 2017
Jennifer Susanne Sommers answered:
Dear Matthew,

Lots of great family communities. Everyone's needs are different. Are schools important to you? Do you or your children play golf or tennis?

There are some amazing new construction going up in East Boca like you suggested around Mizner Park. Is gated important to you?

Best,
Jennifer Susanne Sommers
Nestler Poletto Sotheby's International Realty
... more
0 votes 2 answers Share Flag
Mon Mar 13, 2017
Jennifer Susanne Sommers answered:
Hello, JTP,

Do you mean when the home is put under contract. You will not know sale price on home until it closes.

If you mean, how much additional funds when home is under contact, the title company/bank will provide you a good faith estimate and provide you will let you know funds due.

Best,
Jen Sommers
... more
0 votes 2 answers Share Flag
Wed Mar 8, 2017
Jonathan Klurfeld, Esq. answered:
Very and you should hire an attorney to attend closing with you first thing in the morning. It is IMPERATIVE that you have legal counsel for these types of issues and is not all that expensive. to protect yourself as buyer.

Disclaimer: I am a Florida attorney and licensed Realtor. Information posted or made available on or through this site is not intended as legal advice or to create an attorney-client relationship between you and any attorney/our firm until officially retained. You should consult an attorney for advice regarding your individual situation since every case is different and not all information is relayed in an online question.
... more
0 votes 1 answer Share Flag
Thu Mar 2, 2017
Paul answered:
It will likely damage your credit. In FL & SC the resort can proceed to foreclose on a delinquent timeshare & get the property back. Doing so through the non-judicial foreclosure process does not allow the resort to seek further recovery against a former owner. Consider contacting us at Timeshare Acquisition & Transfer Inc. 828-214-1120. For a fee of only $595 we will have the timeshare transferred into our name so that you are no longer responsible for future assessments as they come due and will not be part of any foreclosure law suit. ... more
0 votes 9 answers Share Flag
Fri Feb 24, 2017
Jessica Bateman answered:
You can search for FHA approved condos on the HUD website. For more information on finding and getting approved for FHA approved condos visit

https://thelendersnetwork.com/fha-approved-condos/ ... more
0 votes 9 answers Share Flag
Tue Feb 21, 2017
Drgnldy32657 answered:
Hello
As I a disabled firefighter now over 55 & I have lived 2 years in the Hells gates
of Kings Point A slum pits of slumlords with Violations of equal rights as well
as unsafe housing & violations of Laws & Discriminations against elderly and mentally ill unsafe housing issues that I was injured in several times my self.
I would NEVER move or send my loved ones there ever to live.

I have now signed a lease in High point safety and if you ever where in
Kings point which is the dirt pit of Delray in my opinion.

Well High Point is a well keep mansion/villa of much better and safe housing
feel free to contact me for more information.
DRGNLDY32657@Bellsouth.net
... more
0 votes 11 answers Share Flag
Tue Feb 21, 2017
Jonathan Klurfeld, Esq. answered:
If you want a "Jewish neighborhood" (since you mention it) then the Boca Raton is probably right up your alley. It is probably the largest Jewish community in the area being mainly New Yorkers. If you specifically want something that far north, north of West Palm Beach, there are certainly nice areas up that way.

There will be decisions like are you ok with an HOA, or want no HOA. Golf/club membership or not. And of course good schools.

If you need some assistance looking in our area feel free to give us a call at 561-771-4457 or info@hkrealtyfl.com and we can go over what you are looking for and send you some options.

Remember as buyer it costs you nothing to have an agent as seller pays all commissions so do not go into this without a local agent.
... more
0 votes 3 answers Share Flag
Mon Feb 20, 2017
Jonathan Klurfeld, Esq. answered:
We service Palm Beach, please give us a call or email and we can see what we can find for you in your price range and narrow down the community. 561-771-4457 or info@hkrealtyfl.com

Seller pays commissions so having an agent from the area certainly helps you being from out of town.

Your budget sounds reasonable to get a 4/2 in a good community, with or without an HOA.
... more
0 votes 1 answer Share Flag
Mon Feb 13, 2017
Taintedlove6769 answered:
Im buying a mobil home in statesboro ga and i agreed to buy 1,500 for it and now the Land Lord wants me to pay the three years of back taxes
0 votes 12 answers Share Flag
Sun Feb 12, 2017
Jonathan Klurfeld, Esq. answered:
No. It is fairly common for cash offers to be accompanied by proof of funds. No one wants to do all the leg work to find out the buyer doesnt have the cash ready to close. If you have the cash it should take you all of 15 minutes at your bank to get this. ... more
0 votes 2 answers Share Flag
Wed Feb 8, 2017
Woodrownibur asked:
Are there any that will accommodate my needs? (ie. Mizner Country Club, Addison Reserve, St Andrews CC, Broken Sound, or Woodfield CC)
0 votes 0 Answers Share Flag
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