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3rd Quarter 3rd Quarter of 2012 Compared to 3rd Quarter 2013 Click the graphic to enlarge. It never fails – when you tell someone you’ve just met that you’re in real estate, the first question they ask is “how is the market?” Each quarter I compare the current year to the previous year to see how the market has changed.  It’s one thing to say it […]
Bank Owned JUST SOLD – 201 Nautilus Drive, Islamorada 201 Nautilus Drive, Islamorada, Florida Keys This bank owned property generated a considerable amount of interest, most likely due to pricing. Priced at $300,000, this diamond in the rough received a total of 24 offers in 8 days!  The sales price was $295,000. This home was in need of many repairs but was located on […]
Bank Owned JUST SOLD – 201 Nautilus Drive, Islamorada 201 Nautilus Drive, Islamorada, Florida Keys This bank owned property generated a considerable amount of interest, most likely due to pricing. Priced at $300,000, this diamond in the rough received a total of 24 offers in 8 days!  The sales price was $295,000. This home was in need of many repairs but was located on […]
Condominiums Timeshares in the Florida Keys A lot of people dream about having a place in the Florida Keys that they can visit and call home. Many times, the cost of purchasing a home or condo stands in the way of this dream. A possible solution: a timeshare. A timeshare is a property with a particular form of ownership or use […]
Condominiums Timeshares in the Florida Keys A lot of people dream about having a place in the Florida Keys that they can visit and call home. Many times, the cost of purchasing a home or condo stands in the way of this dream. A possible solution: a timeshare. A timeshare is a property with a particular form of ownership or use […]
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 […]
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 […]
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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 […]
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 […]
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