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August 5, 2014
Luxurious boutique condo conversion just listed for sale in the heart of Coral Gables. Located on the second floor, this completely updated one bedroom corner unit has been remodeled to include top of the line details, including crown molding & baseboards, hurricane impact resistant windows & doors. Some of the unit’s other features include dark oak wood flooring in the living areas & bedroom, a marble bathroom, new washer & dryer, and a new central A/C unit. The updated kitchen features dark wood cabinetry, new stainless steel appliances, and marble flooring. The unit includes its own assigned parking space, […]
August 4, 2014
You hear the advice constantly: Before you apply for a mortgage loan you need to read your credit report. It’s good advice. Your credit report will alert you to any potential financial trouble spots. If you forgot to make a car payment two years ago, your credit report will list it. If you have an open credit-card account that you haven’t used in five years, your report will show it. And if you’ve declared bankruptcy or foreclosure in the last seven to 10 years? Those negative judgments will be on your credit report, too. But here’s the big question: Once you do receive your […]
August 1, 2014
In the month of July, there were a total of 26 single family home sales, significantly lower from the 54 sales last month. Of the 26 sales, only two were waterfront homes. The average price per square foot for non-waterfront homes was $338.07, lower than the $347.16 average from June. The average sales per square foot for waterfront homes was $886.79, which was a huge jump from the $578.18 average last month. These two properties, however, we’re very high sales of $18,000,000 and $8,500,000. Stay tuned to the blog to see how the trends in Coral Gables change over the […]
July 31, 2014
Pricing your home can be a tricky maneuver, requiring a knowledge of the market most homeowners don’t possess. For that reason, many real estate agents recommend a professional appraisal before putting a home up for sale. This appraisal will give a homeowner a firm idea of how much the market will bear, preventing him from selling his home for less than its worth. In other cases, a buyer brings an appraiser in to price the house as a means of ensuring the asking price meets the home’s value. Someone who has never used an appraiser may not know what to expect when the appraiser […]
July 30, 2014
Buying a house requires a minimum down payment between 3.5 percent and 5 percent. And unfortunately, it might take several years to save up for a purchase, which can significantly delay dreams of ownership. However, in an effort to help your children realize their dream sooner, you may decide to lend them money to buy a house. Lending a child money to buy a house is not uncommon. In fact, “7 percent of first-time homebuyers in 2013 received a loan from a friend or relative, typically their parents, to help purchase a home,” according to the National Association of Realtors. However, despite the fact that […]
July 29, 2014
Congratulations on making the decision to purchase a new home. For some, this may have been an arduous process, while for others, they may have found their new dwelling quickly. Regardless of the time spent, it’s just the beginning of the home-buying process. Next up is deciding which type of mortgage is for you: should you go with a fixed rate or an adjustable-rate mortgage (ARM)? Rewind to 2013 and homeowners faced with this decision, found fixed-rate and ARMs close to each other, with many borrowers not taking the ARM plunge as they were unwilling to take some risk of rising interest rates, increasing that […]
July 25, 2014
Just listed for sale on the beautiful Santa Maria Street is the beautiful 4209 Santa Maria Street. This four bedroom, four and half bathroom Palm Beach style home is right on the Rivera Golf Course providing gorgeous golf course views. The home features dramatic open beamed ceilings, a gorgeous fireplace, a covered loggia for entertaining outside, impact windows, and a huge 18,750 sq. ft lot, allowing plenty of space for a guest house, pool, or even an addition to the home. Details of 4209 Santa Maria Street: Bedrooms: 4 Bedrooms: 4.5 5,300 Sq. Ft. of Living Space 18,750 Sq. Ft. […]