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Biggert-Waters Act There is a lot of talk lately about the new changes to the National Flood Insurance Program (NFIP). Local attorney Russell Yagel from Hershoff Lupino & Yagel, L.L.P. has been kind enough to provide this summary: Summary of rate changes being implemented under the NFIP Russell Yagel / Hershoff Lupino & Yagel, L.L.P.    Already […]
Uncategorized New Listing – Bank Owned Canal-front Home in Islamorada for $300,000 201 Nautilus Drive, Islamorada The home was built in 1957, and while it is in need of some repairs and updating, the property is loaded with potential.  The right owner could make this “diamond in the rough” really shine.  The property has a wide concrete dock, private boat ramp and a large backyard with water […]
Uncategorized New Listing – Bank Owned Canal-front Home in Islamorada for $300,000 201 Nautilus Drive, Islamorada The home was built in 1957, and while it is in need of some repairs and updating, the property is loaded with potential.  The right owner could make this “diamond in the rough” really shine.  The property has a wide concrete dock, private boat ramp and a large backyard with water […]
Fannie Mae New Requirements for Short Sales in the MLS Having an offer on a short sale listing accepted immediately after it is listed is no longer an option if it is a property that would require approval by Fannie Mae according to recently announced requirements for Fannie Mae short sales listed in a multiple listing service (MLS). Starting August 1st, each new short sale […]
Fannie Mae New Requirements for Short Sales in the MLS Having an offer on a short sale listing accepted immediately after it is listed is no longer an option if it is a property that would require approval by Fannie Mae according to recently announced requirements for Fannie Mae short sales listed in a multiple listing service (MLS). Starting August 1st, each new short sale […]
Biggert-Waters Flood Insurance – What you need to know before you purchase There’s been a lot of talk about flood insurance rates here in Monroe County, and for good reason.  On July 6, 2012, the Biggert-Waters Flood Insurance Reform Act of 2012 was signed into law. While the good news is the reauthorizing of the National Flood Insurance Program (NFIP) through September 30, 2017, the bill brings […]
Biggert-Waters Flood Insurance – What you need to know before you purchase There’s been a lot of talk about flood insurance rates here in Monroe County, and for good reason.  On July 6, 2012, the Biggert-Waters Flood Insurance Reform Act of 2012 was signed into law. While the good news is the reauthorizing of the National Flood Insurance Program (NFIP) through September 30, 2017, the bill brings […]
Auctions Foreclosure and Sheriff’s sale: Why the lender gets the house. Every so often, you’ll hear about buyers that want to buy property “at the courthouse steps” in an auction as part of a foreclosure.  Almost all of the time, the lender gets the property. Why? More often than not, the minimum bidder the lender will accept is more than what the property is worth.  Just […]
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Auctions Foreclosure and Sheriff’s sale: Why the lender gets the house. Every so often, you’ll hear about buyers that want to buy property “at the courthouse steps” in an auction as part of a foreclosure.  Almost all of the time, the lender gets the property. Why? More often than not, the minimum bidder the lender will accept is more than what the property is worth.  Just […]
2nd Quarter 2nd Quarter Stats – 2013 compared to 2012 Click on the image to enlarge As Realtors, there is one question we get asked on an almost daily basis – How is the real estate market doing? The answer . . . Pretty good! Here is a comparison of the second quarter of 2013 to the same time period last year.  You can see […]
2nd Quarter 2nd Quarter Stats – 2013 compared to 2012 Click on the image to enlarge As Realtors, there is one question we get asked on an almost daily basis – How is the real estate market doing? The answer . . . Pretty good! Here is a comparison of the second quarter of 2013 to the same time period last year.  You can see […]
Florida Keys Just Sold! Great Key Largo home with impressive solar power system 72 Bahama Avenue Spacious open floor plan It’s always bittersweet when a listing you love sells.  This home was one of those sales. Located in a great Key Largo neighborhood, this home’s big feature was the solar panel system that covered the roof of the home.  One of the largest residential solar systems in the […]
Florida Keys Just Sold! Great Key Largo home with impressive solar power system 72 Bahama Avenue Spacious open floor plan It’s always bittersweet when a listing you love sells.  This home was one of those sales. Located in a great Key Largo neighborhood, this home’s big feature was the solar panel system that covered the roof of the home.  One of the largest residential solar systems in the […]
Uncategorized New Listing – Waterfront lot with active permits and panotamic bay views! Artist’s rendering of front of home Located on a private dead-end street, this location will offer panoramic bay views from your new home.  With it’s location  in Tavernier, everything is within easy reach – including  grocery stores, schools, local marinas churches, parks and Mariner’s Hospital. Artist’s rendering of waterfront side of home The property overlooks […]
Uncategorized New Listing – Waterfront lot with active permits and panotamic bay views! Artist’s rendering of front of home Located on a private dead-end street, this location will offer panoramic bay views from your new home.  With it’s location  in Tavernier, everything is within easy reach – including  grocery stores, schools, local marinas churches, parks and Mariner’s Hospital. Artist’s rendering of waterfront side of home The property overlooks […]
Affordable Keys Home May 2013 Real Estate Activity, Upper Florida Keys May was an active month in the Upper Keys. 91 new listings were added to the market, 78 properties went under contract and 79 closings took place. New Listing – 470 Sunset Drive Among the new listings, there is a true fixer-upper listed for just $174,900.  This 2 bedroom, 1 bath home has just over […]
Affordable Keys Home May 2013 Real Estate Activity, Upper Florida Keys May was an active month in the Upper Keys. 91 new listings were added to the market, 78 properties went under contract and 79 closings took place. New Listing – 470 Sunset Drive Among the new listings, there is a true fixer-upper listed for just $174,900.  This 2 bedroom, 1 bath home has just over […]
condos 1st Quarter of 2012 vs 1st Quarter of 2013. Click  thumbnail to enlarge image The 2013 selling season started strong and continues to be strong late into the season.  Prices are starting to inch upwards in most property categories, with many experiencing a shorter marketing time. Here are the numbers comparing the first quarters of 2012 and 2013 in the Upper Keys.  Open water […]
condos 1st Quarter of 2012 vs 1st Quarter of 2013. Click  thumbnail to enlarge image The 2013 selling season started strong and continues to be strong late into the season.  Prices are starting to inch upwards in most property categories, with many experiencing a shorter marketing time. Here are the numbers comparing the first quarters of 2012 and 2013 in the Upper Keys.  Open water […]
Century 21 New Key Largo Listing in Desirable Port Largo Neighborhood 72 Bahama Avenue – Port Largo Harness the sun in this beautiful three bedroom, two bath home in Port Largo.  This home features an impressive solar panel system on the metal roof – one of the largest in the Upper Keys.  The open dining and living area separate the master bedroom from the guest area, […]
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