June 2014
June 5, 2014
As a homebuyer seeks a mortgage, the words “debt-to-income ratio” quickly enter his vocabulary. Any lender will seriously consider a borrower’s debt and income in making a decision, but what if a homebuyer’s debt ranks higher than many lenders prefer? Can a buyer do anything to overcome it? If your debt ratio is high, don’t give up hope. You have several options available, both before you approach a lender and while working together to ensure your loan goes through. Consider these options if your debt-to-income ratio is too high to qualify naturally for a loan. Lower the Ratio Unless you […]
June 5, 2014
Just listed in Coral Gables is a condominium unit for sale at 95 Edgewater Drive #206. This second floor unit has a view of the community pool and the building’s lush landscaping. It is a two bedroom, one bathroom and has an upgraded kitchen, new plumbing, and is located within minutes of the University of Miami. The building was updated just a few years ago, receiving new plumbing, a new roof, and new exterior paint job. It is a very quiet, tranquil community just steps from the canal. Details of 95 Edgewater Drive #206, Coral Gables Bedrooms: 2 Bathrooms: 1 […]
June 4, 2014
For the seventh year in a row, Coral Gables will celebrate the annual Coral Gables Restaurant Week. The event, which is presented by Bacardi U.S.A., Inc. will be from June9-29, meaning you will have three weeks to try plenty of new places and return to those you already love. All of the participating restaurants will be offering fantastic prix-fixe menus at a discounted price. This year there will be more than 35 participating restaurants, including: Bellmont Restaurant BrickTop’s Castelluccio Divino Ceviche La Tagliatella Uvaggio Restaurant & Wine Bar Open Stage Club Anacapri on Ponce Angelique Euro Café Benihana Bulla Gastrobar […]
June 4, 2014
With a nationwide housing shortage, home buyers have been increasingly forced to engage in bidding wars for the few homes on the market. This situation may only be temporary, but in the current market, buyers need every advantage they can have. Making a good impression on sellers and agents is a great way to gain an edge over the competition. Unfortunately, many buyers engage in habits that repel homeowners, rather than attract them. In addition to simply being rude, these behaviors can also reduce the likelihood the seller will be willing to work with the seller during the offer process, potentially […]
June 3, 2014
Just listed in the month of June is this lovely home located at 100 Sarto Avenue in Coral Gables. The home is a completely remodeled three bedroom, two bathroom with about 2,441 sq. ft. of living space on a large 10,500 sq. ft. lot. The home features a top of the line kitchen designed for a chef, a brand new room, a new Chicago brick circular driveway, and hardwood flooring. The lot is completed fenced and there is lot of privacy with plenty of room for a pool. If you would like to schedule a private showing of this home, […]
June 3, 2014
If you’re looking to sell your home in the near future, chances are you’re looking to add some last-minute value to your home. You’ve probably heard many of the conventional ways to add value to your home, but these five surprising ways to add value to your home may catch you by surprise – Based on the most recent home buying trends. Create Space Open space helps make rooms look larger, cleaner, and helps enhance the flow of your home. Simple fixes such as moving furniture around and removing unnecessary islands or dividers are a great first step. Knocking out […]
June 2, 2014
In the month of May, there were a total of 53 single family home sales, significantly higher from the 32 sales last month. Of the 53 sales, seven were waterfront homes and six were golf view properties. The average price per square foot for non-waterfront homes was $316, slightly up from the April and March, averaging at $303 and $312 respectively. The average sales per square foot for waterfront homes was $614.04. On the graph above, I omitted one sale. The home at 70 Casuarina Concourse sold for $5,300,000 in the month of May. The home on this property is […]