March 2014
March 21, 2014
Spring is here – Time to clean! After one of the most brutal winters we’ve seen in years, it’s finally time to put away the down coats, spruce up the house and, yes, even tidy up your personal finances. Here are a few tasks you may want to tackle: Clean up bad credit Have you been subject to high interest rates? Denied a loan altogether? Been unable to rent an apartment or perhaps even land a job? If you have bad credit, then you’re aware of these consequences and others. Dedicate spring cleaning time as the annual time to review […]
March 20, 2014
Just sold off market is the beautiful home at 650 Palmarito Ct. The 4,545 sq. ft. home is on a very large 28,267 sq. ft. The home was sold for $1,900,000 and has 3 bedrooms in the main home, along with a separate 1/1 maids quarters with its own entrance and private terrace. In addition, there is a 2/2 guest house. This beautiful home is characterized by its stylish details, including gorgeous fireplace, top-of-the-line modern kitchen, and open floor plan. Details about 650 Palmarito Ct.: Bedrooms: 6 (3 in main home, 2 in guest house, 1 in maids quarters) Bathrooms: 5 […]
March 20, 2014
Could home buyers have less competition and an easier time to find the home of their dreams as the home shopping season begins to heat up? The answer is, yes! According to data which surveyed 110 economists, real estate experts and investment and market strategists, it found that investors – both individuals and companies – who bought up lower priced and foreclosed homes throughout the recovery are expected to take a step back in their activity. For the regular homebuyer this news means that the level of competition may ease up a bit. Buyers who will enter the market in […]
March 19, 2014
Just listed in Coral Gables is 4 Tahiti Beach Isl Rd. This beautiful listing can only be defined as high end luxury and world-class elegance. There is a private beach with gorgeous bay views. The home is situated on 1.5 acres of land and is within the exclusive gated area of Tahiti Beach. Some of the many features of the home include a wine cellar, media room with theater seating, meditation room, and an elevator. Details of 4 Tahiti Beach Isl Rd, Coral Gables Bedrooms: 10 Bathrooms: 10 and 2 1/2 baths 21,235 sq. ft of living space 62,051 sq. ft. lot […]
March 18, 2014
As a Realtor we have to know exactly what our clients need and what will best fit their personal interest. Due to the fact that every buyer is different, it is important to discuss the different options available and helping them choose what works best for their needs. One question that is often asked is whether or not they should buy a home that is move-in ready or one that will require some repairs and fixing up. There are pros and cons for each one and discussing them with your buyer can help make their home buying experience that much […]
March 18, 2014
Adjustable-rate mortgages are making a comeback, but this time it will be different. Financial groups are offering ARM’s. These rates can vary after a few years but can be less expensive, when compared with fixed-rate mortgages. This will be the focus of borrowers with strong credit who are using ARM’s to take out “jumbo” loans. Profiles of borrowers FICO credit score range in the 762, with purchases of $420,000 to $1 million. These loans are for borrowers who are well-heeled. The average rate on one type of jumbo ARM was 2.91% for the week that ended March 7, or about 1.5 […]
March 17, 2014
Finally, I believe this house is priced right. I had the pleasure of showing this house today. It is a 1925 Tuscan Villa on the Biltmore Golf course. Situated on a 25,000 sqft, this home boasts 7 bedrooms, 7 bathrooms and 2 half baths. The 2 story mansion has marble flooring, two marble staircases, and an elevator. There are many other interior features such as the high volume ceilings and library. Also, there is a stunning patio with a BBQ and open pool. The fifth time on the market since 2009, I believe its priced very competitively now at $319 […]
March 17, 2014
Looking to schedule showings for this afternoon or evening? Probably not a good idea since many people are closing up early to enjoy the holiday. Today is St. Patrick’s Day and here in Coral Gables there is one go-to place to celebrate: JohnMartin’s Irish Pub & Restaurant on Miracle Mile. The pub will be celebrating its 25th birthday in just a few weeks and still remains as one of South Florida’s most authentic Irish pubs. The owners, John Clarke and Martin Lynch, both from Killinkere in County Cavan which is northwest of Dublin, pride themselves in maintaining the authenticity and […]
March 17, 2014
Because of the financial crisis new regulations and tighter underwriting guidelines have slowed down the mortgage process so much that a loan closing within 15 days is something to brag about. At the height of the boom back in 2006, then-chief economist at the Mortgage Bankers Association, predicted that process engineering could add enough efficiency that by 2016 the industry would be able to close a loan within three days, while others at the time thought it could happen even sooner. Between 1993 and 2003 efficiencies had improved when overall loan processing times had been cut by one-third however by […]