I live in Miami and I am selling my condo i want to know what you guys think of my condo?
here is the link http://realestate.yahoo.com/Florida/North_Miami_Beach/Homes_for_sale/4949d9f206c5680594ddd0bfa094beb6;_ylt=AiGLqQJDjqYtcREM9y0H7E_nMrQs?cc=realestate&p=33160&priceHigh=300000&priceLow=200000&nodeId=750007014&sortBy=price%202&radius=&bedrooms=2&bedrooms=3&bedrooms=4&bedrooms=5&bathrooms=2.0&bathrooms=2.5&bathrooms=3.0&bathrooms=3.5&bathrooms=4.0&type=classified&b=11
THERE IS ALSO A VISUAL TOUR YOU GUYS CAN SEE
Outside looks great! What about the inside? I can’t answer that for ya!
How do I include our college-son in our new home?
We are moving this fall, just after our son (18) starts college. He won’t see our new home until he comes home for Thanksgiving break.
Our other son (15) and our daughter (11) will each get their own bedrooms in our new home, but it’s unlikely we can afford more than a very basic 3 bedroom rental. We’re starting a new jobs, money will be tight.
Right now the boys live in the same room in bunk beds, but we promised our younger son that they will go away and he can have a regular bed and the bedroom to himself. Actually, the bunk beds aren’t even ours and we can’t take them with us.
We don’t want to have our older son feel like a visitor in our home (which will be totally unfamiliar to him), yet we don’t have the luxury of providing him a space of his own for the many months that he will be home.
How do we make him feel like he’s still truely included in our family when there’s no permanent place for him in our new home, especially during long breaks such as winter and summer breaks?
We won’t have a basement, we’re moving to the Northwest coast – Washington, Oregon or Northern California – where there are none. At least I’ve never seen a basement in the region, and I lived there for almost 30 years of my life. Actually, I’ve never seen a (usable) attic, either.
Make him feel welcomed like he is at home, that’s the perfect respect and ettiquette……….
Home Buying Negotiations – Help, Please!?
Negotiating to purchase a home, need help to know best way to be successful. House on the market for > 7 months, originally 350k, gradually reduced to 315k. Sale due to death of spouse, and seller buying new condo, with 2 new mortgages. I offered 260k because her orig mortgage 6 years ago was for 158k, & I added 100k to it to motivate her to sell since one of her new notes is for 100k. Tax assessment is 287k.(all figures obtained from courthouse) She countered with 305k, I offered 267.5k. My real estate agent conveyed there was frustration on the buyer and agent’s part, and they brought up a recent appraisal which reported around 300k, and agent stated the seller might agree to reduce to 300. House needs work – new kitchen, paint including ceilings, carpet. Advice as to how I should proceed? I want this house, but am really starting to stretch my limits. Also, ideas on contingency that would give me an out up to closing? I think assessment is high, and need to get in for <285k. Thanks!
I can’t use the mortgage contingency, because I’m paying cash. It seems like a quick cash closing should be appealing, especially considering she’s making 3 mortgage payments right now. All of this advice sure has me thinking mighty hard! Please keep up your kind work. Thanks.
I have to comment on Goldenbear’s response. First, I’d like to say thanks for responding, and identifying me as an investor.I’d like to invest in real estate, but haven’t had the means long enough to venture into anything that wasn’t rock solid safe.Plus, if I were an investor, I’d probably not have asked for advice to begin with. On average, this particular market is 22% above national FMV.I think it is the seller’s agent that may be doing an injustice here, as the house is clearly overpriced, or else it wouldn’t have stayed on the market for such a long time.This home is rural, and in an area where homes may be 100k or 800k, which isn’t necessarily beneficial. Seems to me at this point I would be doing the seller a favor to buy her property, even if I insist on paying a realistic price.With the market changing, better times may not be headed her way. Everyone should walk away with a good feeling at closing, and this means me not having to spend one penny more than I have to, right?
Dang Goldenbear…a little harsh, don’t ya think? A couple comments regarding your post:
- Just because a property sells for +/-$100K below original asking doesn’t necessarily mean it’s going to drive down prices in the area! One…it’s quite obvious that the original asking was too high ($50K above their appraisal). Two…if a property sells significantly below market (not asking price!), there are usually some circumstances that made the sale a non-arm’s length transaction (motivated buyer, seller financing, etc.). Any appraiser with an ounce of common sense would not use this transaction as a comparable without taking these non-arm’s length circumstances into consideration.
- How the heck did you get out of her question that she’s taking advantage of the elderly? Sure, the odds are in your favor (death of the spouse and downgrading to a condo is a clue), but something like this could just as likely happen to someone in their 20s! Shouldn’t rag on someone when you don’t have all the facts.
Now, to address drbernice’s question! Some things you should consider:
- The assessed value of a property does not equate to the *market* value of the property. It is used solely for estimating a property’s real estate taxes and is not market driven (thus, has nothing to do with the market). There are many instances where the assessed value is much lower than the market value (like in California).
- Regarding the comment that the house needs work…are these all things that you noticed that you’d just like to replace? Or are they truly deferred maintenance on the property? If it’s dated, but still functional and in good condition…then it’s not deferred maintenance. If the property is truly in bad shape, then you could use this to build your case for a lower sale price. If you just want to replace some things that are still in good condition to make it more pleasing for your tastes, then it’s going to be hard to use this argument in your negotiations. You should get a qualified building inspector to inspect the property to identify any items of deferred maintenance. If they find deferred maintenance, you may be able to negotiate a credit based on the cost to cure.
- Regarding the appraisal, you should see if you can obtain a copy so you can take a critical look at it. Some things to consider are the effective date (How recent is recent? Was the appraisal done a couple weeks ago or back when the first listed it. If market conditions have softened in your market since the effective date, then it should warrant a new appraisal) and the comps utilized in the report (i.e. Did the appraiser make reasonable and appropriate adjustments for age, condition, quality, land size, market conditions, etc? Are there more appropriate comps in the market that they could have utilized?).
- Have you considered engaging an appraiser to do an appraisal for you? In many instances where financing is involved, this is typically handled by the lender. However, since you are paying cash, don’t have a lender ordering you an appraisal. True, the seller has had an appraisal done already, but it could be in your best interest to get one done yourself. True, appraisers should always remain biased, but some can sometimes give into the pressures of the client to push for a higher value. In addition, appraisals are the *opinion* of value of a property…two appraisers using the same exact comps can (and many times do) arrive at different value estimates.
- If your appraised value ends up close to their appraiser’s number, then it may be difficult to negotiate lower than that point. Despite the fact that you’re paying cash, they seem hesitant to sell for below market. Considering that the property has been on the market for more than 7 months, it may be that you are not working with a motivated seller. Some sellers out there are still holding out for top dollar and are not getting any interested buyers because they’re unwilling to budge (like some markets in Arizona). They don’t care that the market is slowing nationwide, they want the price their neighbor got 6-12 months ago. The fact that their original asking was $50K above the appraised market value gives a little insight into their mindset.
- You may reach a point in the negotiations where the seller refuses to go any lower. You should start thinking long and hard what you’re going to do in this situation and discuss your options with your agent.
how to find the previous price of a condo?
looking for public records on a condo sale
Your county tax assessor is the best bet: most accurate and will provide you with other info, too, like how much taxes are annually, if there is a mortgage on the property, previous owners, etc.
Comparing Virginia Condo Fees to Townhouses & your buying power
Rather than eliminating one group due to the monthly fee, calculate when comparing. More at http://blog.FranklyRealty.com
Duration : 0:3:59
The Quarry Naples Florida Real Estate and Homes for Sale
The Quarry is an upscale community which offers two large lakes, one 230 acres and the other 90 acres, which is the scene of power boating, water-skiing, fishing and beachside get-togethers. Overlooking a broad, white-sand lakeshore beach, the lake beach club provides invigorating activities and leisurely pleasures. It will be home to a bar and grille where you can eat indoors or out on the covered terrace.
The 18-hole Hurdzan-Fry designed professional golf course is completed. This home is just a short walk to the new golf and beach club houses.
Be sure to see the featured property by clicking on the tour button. This New Construction never lived in home is located on lot 5, 8745 HideAway Harbor Ct. and is 3200 sq feet featuring 4 bedrooms and den and 4 baths. Enjoy setting sail from your own private boat dock.
Duration : 0:3:0
$1,485,000 Luxury Home in Florida. Luxury Homes for Sale in Plantation, FL.
For Luxury Real Estate in Florida CONTACT: Peter Leon at 954-643-3421, PRIME REALTY SERVICES. Visit his website at: https://www.PeterLeon.com EMAIL: Peter@PeterLeon.com
ADDRESS: 12140 NW 18 STREET, Plantation, Fl. 33323
Bedrooms: 6
Bathrooms: 5
DESCRIPTION: WONDERFUL COURTYARD HOME LIKE NEW….CUSTOM KITCHEN….STAINLESS APPLIANCE…CENTER ISLAND….12′ CEILINGS THROUGHT HOME …14′ CEILING IN GARAGE.safe room..OUTDOOR COOKING CENTER…..EASY TO SHOW
Luxury Home Video Tours and Virtual Tours in Florida. Presenting the finest Luxury Homes in Florida, celebrity homes, and HGTV Mansions. Luxury Home Video and tours filmed on location. Luxury Real Estate featured on TV. View luxurious Castles and Mansions for Sale.
http://www.TheLuxuryBrokers.com All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
Neither The Luxury Brokers, LLC. nor the service providers for The Luxury Brokers, LLC. are liable for any errors or inaccuracies in the information provided through this website. © 2010 The Luxury Brokers, LLC.
Duration : 0:1:41
Chic downtown Ann Arbor loft condo for sale
Views to enjoy all year round and convenience that is second to none in this Liberty Loft penthouse. All the upgrades that you want are in this amazing 5th floor Hamilton unit with soaring exposed concrete ceilings, open living area and an upstairs bedroom/retreat/office space with skylight and hardwood floors. Heat/H2O included in fees. 2 parking spaces: 1 inside heated garage! Bldg has fitness room, secured entry and storage lockers. Walk to downtown Ann Arbor and enjoy the life that you’ve always wanted!
Priced to sell at $449,900. Call Linda for more information or to see this lovely penthouse! 734.216.6415
Duration : 0:3:49
Vancouver Waterfront Condos in Coal Harbour
Waterfront Condominiums Towers featuring CARINA, ESCALA and CALISTO in Coal Harbour offering amazing waterfront living in the heart of downtown vancouver.
Duration : 0:0:28
Herndon VA New Condo Virginia Real Estate Bus Station Sale
http://reston-town-center.nvacondos.com/
Close to Reston Town Center, Dulles Toll Road, Great Falls, Tysons Corner, Mclean, Vienna, Herndon, Sterling, Asburn, Leesburg, The Beltway (495).
INTERIOR: Ceramic tile front entrance, French doors, Dramatic nine-foot ceilings with decorative crown molding, Angled walls, Arched doorways and openings, Covered private patio, Ceiling fans in living room and master bedroom, Washer and dryer
KITCHEN: Stainless steel appliances, Granite countertops, Frost-free refrigerator with ice maker, Gas range, Space-saving microwave oven, Quiet multi-cycle dishwasher, Pass-through breakfast bar.
BATH: Garden-style oval soaking tub, Cultured marble bathroom sink vanities, Oversized walk-in closets, Built-in linen storage, Contemporary recessed lighting
COMMUNITY: Gated community, Five story parking garage (you will get a covered space) with direct access to buildings, Two resort-style swimming pools with fountain and heated spa, Men’s and women’s cabanas with showers, Executive business center with computer and internet access, Clubroom with kitchen, fireplace, television, DVD, 24-hour, athletic center complete with stereo system and television, Billiards room, Barbeque grills, Open air gazebo, Walking and biking trails. Harris Teeter shopping center with grocery / supermarket, coffee shops, restaurants, etc…across the street
12929 CENTRE PARK CIR
HERNDON, VA 20171
Duration : 0:4:20