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32934 : Real Estate Advice

  • All11
  • Local Info1
  • Home Buying4
  • Home Selling4
  • Market Conditions0

Activity 122
Sat May 3, 2008
Ken Mundorf answered:
Hi Larry,

You really have a loaded question there. A bit more information would certainly help but here are some thoughts. First, there are a number of very nice condos available in the Melbourne area. The greatest selection will be closer to the ocean and, naturally, will be higher in price. Your budget will be the biggest factor. As you move away from "beach-side" you will see a noticeable reduction in price. It all depends on where you prefer to vacation. In the worst-case scenario, it will take you about 20 minutes to reach the beach.

Prices are at a low point right now. Some say we are at the bottom while some say we have a ways to go yet. I personally have seen more buyers in the market, more sales and a reduction in the available inventory.

Mortgages are also at a fairly low level with 30 year fixed at around 5.86%. Seller incentives are very prevalent in today’s market so some assistance may be available. A down payment of 20% will avoid PMI, which is additional insurance covering the lender.

If you can get back to me with your general budget maximum, I can narrow down your search and be better able to help you make that decision.

Ken

PS – I also relocated from NJ (Chester and Toms River) and have never looked back!

Ken Mundorf
ERA Showcase Properties
(321) 626-5933 Direct
KenMundorf@cfl.rr.com E-Mail
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Wed Apr 23, 2008
Preston Walrath answered:
Make your home the "best looking on the street", by painting the inside and out, (if needed), new plants and flowers, new or cleaned carpets. Make sure your kitchen and bathrooms and updated and or very clean. Have a home inspection before you put the home on the market to see what items need to be fixed, like leaky pipes, working A/C, functional furnace and hot water heater, ETC. ... more
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Wed Apr 23, 2008
Don Tepper answered:
A couple of thoughts: First, you say your home "is better than most others because all the little advantages add up." Highlight those advantages. Most of what you put in your ad would apply to all the houses: "10 minutes from the beach. Close to everything." I assume that if it's in a subdivision that all the homes were built in 1997. Only items that appear different are that the appliances were purchased within the last 2 years, and that it's recently tiled. You could watch the rocket launches from your neighbor's house as well as yours. The HOA is the same (or similar) to your neighbors', and everyone else on your cul-de-sac could similarly say that it's a quiet neighborhood with no through traffic.

Next, you don't want to reach "the FEW buyers out there that would really appreciate all these nice things." You want to reach ALL the buyers in the market for a home like yours, and use those "nice things" to make your home stand out.

Most Realtors here will tell you that the way to make your house stand out is to make sure it's priced right. In other words, the lowest-priced comparable property out there. Money talks, and it talks loudly. If you're relying on something other than price, you need more than "all the little advantages." You need some big advantages. And, as you noted in your comment about the MLS, your house ends up looking like all the rest.

So, examine the price you're asking. Make sure it's among the lowest ones out there. Then highlight those advantages you refer to, so people will know they're getting more for less.

Hope that helps.
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Mon May 26, 2008
M answered:
Dear Paul,
How confident are you that the Space Shuttle program will shut down? I have to think that this national asset will always be active. They may slow it down, but research and testing will always continue. My husband retired from the military as a naval officer and he would enjoy talking to you about your move. We work with a few very good agents in the area and I am sure we can help you make the right decision.
terry@marianschaffer.com
The Schaffer Realty Group
877-886-8388
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Thu May 8, 2008
M answered:
Dear Christophe,
Melbourne is a great place. Wonderful access to the ocean, very quaint and clean city, and really centrally located on the coast for pretty good access to most of the eastern FL. Are are interested in coastal Melbourne or West Melbourne? This is all we do is help our clients from around the world locate retirement, second and vacation homes. We have a lot of experience working with clients form around the world. We have a client right now from Belgium looking in the same area (Jesen Beach). Please email me at terry@marianschaffer.com so I can get your email address and I will send you a sheet that will help us figure out your preferences. We look forward to helping you locate your ideal US home!
The Schaffer Realty Group
www.marianschafferrealty.com
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Sat Oct 22, 2016
M answered:
Judith,
Heritage Isle is a nice place. A lot of thought needs to go into purchasing in any 55+ community with the concern about resale. We really should talk about this. The HOA/CDD's are all over the place depending on the type of property you purchase. Most gated communities do not allow you to have your own maintenance service if it is provided in the HOA's. Some places you can arrange your own maintenance. Give me a call and lets talk. Our services are completely free to you as we receive a referral from the developer if you decide to purchase. We have relationships with all of the developments and it is our goal to locate the best property to fit your needs.
Best of Luck
Marian Schaffer Realty
www.marianschafferrealty.com
877-866-8388
marian@marianschaffer.com
Heritage Isles is a 478-acre age restricted master planned community located in beautiful Viera. The Heritage Park & Trail system will be comprised of 8 village parks connected via walkways and pedestrian bridges. Upon completion, there will be approximately 3 miles of walkway and bridges connecting the parks located in each village. The 21,000 sq. ft. Hertiage Club will house facilities and rooms for fitness, cards, pool tables, hobbies, conference/library, computer stations, catering kitchen, aerobics, ballroom, administration and multi-purpose flex rooms. Adjacent to the Club is a resort style pool, tennis courts, croquet lawn, basketball, bocce and horseshoes. This 55 + Country Club will be the premiere choice in active adult living in Brevard county.
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Wed Apr 16, 2008
Paul Whitehouse answered:
Hi...Maryann you can search on my website all of Brevard Counties MLS listings for free and if you click on Coded Features it will let you just search 55+ communities only .Please let me know if you have any questions or need further advice.
Best Regards Paul Whitehouse.(Realtor).
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Wed Apr 23, 2008
Mark Palace answered:
Call me to discuss options Brianne.

Best,
Mark Palace, CEO/Founder
Palace Properties International, Inc.
www.PalacePropertiesOnline.com
321.773.5611
321.704.9305
0 votes 1 answer Share Flag
Wed Sep 9, 2015
Antonio Vega-Pacheco answered:
Pete:

Flips only with an extremely low purchase price/so you can still resale low, and only if you are willing to keep it on the market for a while, but you could rent for a few years and then sell. That's where the money is to be made now.

Tony.Vega@coldwellbanker.com
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Wed Mar 5, 2008
Bill Eckler answered:
Joan,
In these situationa, banks generally "Call the shots." The listing agent is caught in the middle with about the same amount of information and power as you. Banks move at their own pace(in some cases backwards) and allow things to happen based on their schedule. They have little interest in the buyer's needs, real estate guidelines, or customer satisfaction.
If you have an executed contract, you are on the inside track to obtain the property. Be patient! It's much too early to consider legal action.

Good luck,
The "Eckler Team"
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Sun May 20, 2012
Roberta Murphy answered:
Elizabeth: I think you mean the seller won't budge on the price. Another way to present the offer would be to offer $63,000 with the seller paying $2000 of your closing costs. Or $62,000 with $500 paid--or any workable combination.

Just a quick suggestion!
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Mon Jun 13, 2011
Dave answered:
There is certainly a lot of variety in the different neighborhoods and areas around Melbourne. I won't be negative about any specific areas in this email to you, but some areas have less savory reputations. We have lived in the 32934 zip code west of the Wickham and Post road intersection the past 5 years and think we have the best area in Melbourne -- it certainly worked great for us. Good schools, upscale but not wastefully posh neighborhoods, quiet, nature preserves, convenient to shopping and work, great neighbors and very low crime. Family situation requires move to Colorado. Will certainly miss Melbourne and our Post Road Cascades neighborhood. ... more
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Mon Jan 14, 2008
Paul Whitehouse answered:
Hello Judith
I am a Realtor based in Melbourne and know some very good areas and can help you find what you are looking for and help anyway you want. Viera is a new community (especially West Viera) which has been master planned to create a brand new town with all the facilities you can imagine including A-rated schools. Please feel free to log into my web site and browse thru my links and MLS listings for all the info you require and feel free to email me with any questions.
Best regards Paul Whitehouse ( Realtor ).
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Sun Jan 13, 2008
Ntfeldman answered:
Anna,

Supporting the improvement of environmental conditions are efforts certainly not limited to those in the Real Estate profession but it's certainly a cause many of us do support with our time and our dollars.

Florida has it's pro's and con's in the area of the environment. We have so many different ecosystems in our state because of the nature of the land and all of it's shore line. One can never do enough and the land and oceans have to be shared by all including those who can't speak and don't vote... it's always important to understand the trade offs.

I'm not sure what is "harmful" about the specific Blooms you reference, or the specific health hazard that's created by those Blooms. And the perception of whether it's viewed as a wide spread health hazard will have more to do with what harm the blooms cause to people / animals and other plant life and it seems like the state would be taking eradication of such harmful substances pretty seriously.

I found some interesting websites on Harmful Algae Blooms http://www.seaweb.org/resources/briefings/algae.php

http://www.cop.noaa.gov/stressors/extremeevents/hab/

http://www.floridamarine.org/features/view_article.asp?id=26891

http://www.dep.state.fl.us/labs/

Fl. Fish and Wildlife seems to be pretty involved in the issue and USF seems to provide a good deal of research support too. I'm sure Univ. of FL is studying this issue too.

I did notice that there may be some economic and environmental conflicts in the issues that create the increase in these Blooms. No doubt these issues are being fought out in Tallahassee and DC. If fertilizer by-products in soil run off are the culprit, then you'll have some strong arguments on both sides of this issue - as Florida is one of the largest agricultural states in the US and the industries that support these trades involve a lot of real estate. That definitely doesn't mean that farmers and Realtors wouldn't care, I think there's an education issue here and perhaps you can take the helm by providing real estate groups with greater details and information, and by suggesting some groups that our colleagues can participate in. Waterfront land is certainly the prize of our state, we would not want to do anything to jeopardize it.

Help us understand the issue better and how we can get involved!
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Sun Dec 9, 2007
Paul Whitehouse answered:
Hi Pat, Melbourne has its own "Art" district near the Eau Gallie library which overlooks the river and this area has several galleries that promote our local artists.As a local and a Realtor in Melbourne i would be happy to show you around if you are thinking of moving here and introduce you to the recently improved historic district as well. Please feel free to email me should you require any further information. ... more
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Wed Jan 9, 2008
Bridgette Kostek, REALTOR, Coldwell Banker M. M. Parrish answered:
Frank,
There are currently 95 lots listed in Palm Bay. The lowest is $11,700--the highest is $194,900. Please visit the link below:

http://fl.living.net/idxrealtor/1249043

Just enter the specifics of what you are looking for. The interface is not pretty, but it is very accurate. This site will show MLS listed properties (homes and land) for the entire state of Florida.

Best wishes and happy hunting!
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Sat Oct 27, 2007
Linda J Sears answered:
Joni,

Florida insurance is CRAZY.....too much depends on where the house is...type of construction....home or mobile....age of home....size of the home...even the pitch of the roof and style of the roof. Are you on the water? If you are you might need to take out a second mortgage....lol...None of us here are able to give you even an estimate or a guestimate. DO yourself a favor and check with a licensed insurance agent. It can make a huge diference and given the incorrect information could really hurt YOU in the long run.

Best of Luck
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Sat Oct 27, 2007
Perry Henderson answered:
Call every traveling nurse company you can find in your area. They usually rent furnished apartments and run an ad on craigslist too.

Good luck
0 votes 2 answers Share Flag
Sun Nov 23, 2008
ian cockburn answered:
Kind of property is all dependent on location....taxes, schools, etc.
0 votes 10 answers Share Flag
Wed Feb 9, 2011
Aileen-Manhattan-NYC answered:
Kevin,

Have you thought about joing a real estate investors group? There are a few in NY and there may be a couple by you. They could provide you referrals for the type of agent you seek. Another suggestion is to go out there and meet some agents in your area. It's highly likely that there are agents that like to work with investors or know about distressed properties that aren't currently on the market. Interview the agents, see you feel comfortable with. A good agent can be your ally in your investment goals. ... more
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