Delray Beach is a rapidly expanding city in South Florida's Palm Beach County that boasts award-winning public beaches and upscale dining and shopping. The only Florida city to win the All-America City award twice (connoting credit for constructive citizen cooperation to concur on certain community concerns), Delray Beach residential properties continue to sell quickly when they are priced properly and positioned in profitable parts of town. Downtown Delray is developing without delay, displaying a distinguished diversity of new construction homes and condos.
You can get a 3/2 Direct Gulf Access in Cape Coral for under $300,000.00. A 4/2 brand new Cape Coral single family detached short sale listed at $179,000.00. A 2/2 bayfront condo on Seminole Isle on Boca Ciega bay in Tampa for $265,000.00. In Miami, a pre-foreclosure 4 bedroom upscale home with a pool, swim out table and six waterfalls has been reduced $150,000.00 to $369,000. This is listed as an "Investor's short sale". In Orlando a 4/2 short sale for $235,900.00. Listing says 4+ BR.
In stock market investing there is one very sound rule, "Buy on weakness and sell on strength". This certainly holds true now with Florida real estate. We are at a weak point now in the market. What's keeping many buyers on the sidelines is uncertainty. No one wants to be a sucker. They are probably saying, "What if I buy now and the value decreases"? Look at it this way. Now is probably not the right time to do short term property flipping, however if you can afford to buy Florida real estate at today's prices and hold on to it for five to seven years how much do you think the real estate will appreciate? If you are thinking of buying a primary residence and plan to reside in it for at least five to seven years, what do you think it would be worth after that time period?
Our first word is the word broker. A broker is actually a person who does the task of linking a potential real estate buyer to someone who sells such property, or a lessee to someone who leases such property, as well. Florida real estate brokers need to obtain a license from the State of Florida first as a requirement. Otherwise, they could not be allowed to operate legally. These brokers earn by receiving a commission from either the property seller or form the one who leases it.
You will always get to hear the word appraisal. This term refers to a report that is formally put into a written one as prepared by a Florida real estate professional. Normally, an appraisal consists of details about the impartial assessment and value of a property. It also includes some details about the estimation and the rationale behind it. In the Florida real estate, an appraisal is something that is compulsory for every property that gets sold.
So instead of wondering if the Florida real estate market hit bottom yet, ask yourself how long you plan to hold on to the Florida real estate. Then, ask yourself if you think the market will rebound by then. If the answer is yes, call me and I will pre-qualify you for a Florida mortgage at a low rate and hook you up with one of my best buyer realtors and I promise, you will be pleasantly pleased.
Miami Florida, nicknamed "The Magic City", is one of the youngest and hippest cities in the US. Although young, Miami Fl has become one the biggest tourist destinations in the country. With its cultural diversity, incredible attractions, recreation, and year round events excitement, Miami makes South Florida an incredible life changing experience and memory.
Bill Burress, the founder and principal broker of Cincinnati Mortgage, LLC has 26 years of experience originating mortgage loans and has enjoyed helping people get a good deal on their mortgages. Cincinnati Mortgage, LLC of Florida approves residential mortgage loans throughout the entire state of Florida and approves commercial mortgages in all 50 states U.S.
You can get a 3/2 Direct Gulf Access in Cape Coral for under $300,000.00. A 4/2 brand new Cape Coral single family detached short sale listed at $179,000.00. A 2/2 bayfront condo on Seminole Isle on Boca Ciega bay in Tampa for $265,000.00. In Miami, a pre-foreclosure 4 bedroom upscale home with a pool, swim out table and six waterfalls has been reduced $150,000.00 to $369,000. This is listed as an "Investor's short sale". In Orlando a 4/2 short sale for $235,900.00. Listing says 4+ BR.
In stock market investing there is one very sound rule, "Buy on weakness and sell on strength". This certainly holds true now with Florida real estate. We are at a weak point now in the market. What's keeping many buyers on the sidelines is uncertainty. No one wants to be a sucker. They are probably saying, "What if I buy now and the value decreases"? Look at it this way. Now is probably not the right time to do short term property flipping, however if you can afford to buy Florida real estate at today's prices and hold on to it for five to seven years how much do you think the real estate will appreciate? If you are thinking of buying a primary residence and plan to reside in it for at least five to seven years, what do you think it would be worth after that time period?
Our first word is the word broker. A broker is actually a person who does the task of linking a potential real estate buyer to someone who sells such property, or a lessee to someone who leases such property, as well. Florida real estate brokers need to obtain a license from the State of Florida first as a requirement. Otherwise, they could not be allowed to operate legally. These brokers earn by receiving a commission from either the property seller or form the one who leases it.
You will always get to hear the word appraisal. This term refers to a report that is formally put into a written one as prepared by a Florida real estate professional. Normally, an appraisal consists of details about the impartial assessment and value of a property. It also includes some details about the estimation and the rationale behind it. In the Florida real estate, an appraisal is something that is compulsory for every property that gets sold.
So instead of wondering if the Florida real estate market hit bottom yet, ask yourself how long you plan to hold on to the Florida real estate. Then, ask yourself if you think the market will rebound by then. If the answer is yes, call me and I will pre-qualify you for a Florida mortgage at a low rate and hook you up with one of my best buyer realtors and I promise, you will be pleasantly pleased.
Miami Florida, nicknamed "The Magic City", is one of the youngest and hippest cities in the US. Although young, Miami Fl has become one the biggest tourist destinations in the country. With its cultural diversity, incredible attractions, recreation, and year round events excitement, Miami makes South Florida an incredible life changing experience and memory.
Bill Burress, the founder and principal broker of Cincinnati Mortgage, LLC has 26 years of experience originating mortgage loans and has enjoyed helping people get a good deal on their mortgages. Cincinnati Mortgage, LLC of Florida approves residential mortgage loans throughout the entire state of Florida and approves commercial mortgages in all 50 states U.S.
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