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New Listing: Remodeled 2/2 Carmel at the California Club

by Justin Willard

Carmel at the Califonia Club Condo

803 NE 199 Street #201

$65,000

Totally remodeled 2 bedroom, 2 bathroom Carmel at the California Club Condo located in the heart of the California Club Community. Unit features a completely remodeled kitchen with granite counter tops, wood cabinets, updated appliances, modern lighting and tile flooring. Beautiful bathroom with stone tile on the walls and floor, modern vanity and mirror and contemporary lighting. Laminate wood flooring throughout the condo. Plenty of closet space. Large tiled and screened in balcony overlooking the garden. Separate utility room with front loading washer and dryer. Second floor unit with vaulted ceilings. This unit has it all!!! Carmel Community features a large swimming pool, vehicle wash down areas, 24 hr gated and roving security. Well located just west of I-95. Close to the Aventura Mall, Beaches and shopping. Unit is great for resident or investor. Can be rented right away. You will love living at Carmel.

For more information on this and other condos in the Carmel Condo contact the Willard Realty Team at: 305-332-8330

To search all available properties in Dade and Broward Counties click on: http://www.dadebrowardproperties.com/Search-Properties

 

Pembroke Falls Market Update - May 24, 2010

by Justin Willard

Pembroke Falls Market Update

May 24, 2010

Pemboke Falls Homes For Sale

There are currently 31 homes for sale in Pembroke Falls

There are 6, three bedroom homes for sale ranging in size from 1,616 sq. ft to 2,153 sf. & are priced from $280,000 to $350,000. 

There are 20, four bedroom homes for sale ranging in size from 1,914 sq ft to 4,857 sf. & are priced from $310,000 to $799,900. 

There are 5, five bedroom homes for sale ranging in size from 2,625 sf to 3,696 sf & are priced from $380,000 to $699,000. 

If you would like to receive a free list of homes for sale in Pembroke Falls and be the first to know when new listings hit the market go to: www.pembrokefallslistingalerts.com

 

Pembroke Falls Recent Home Sales

There have been 7 sales in Pembroke Falls within the last 30 days.

Of the 7 sales 1 was a three bedroom home, 4 were four bedroom homes and 2 were five bedroom homes.

The 3 bedroom home located on 132nd Avenue was a Rosewood model having 1,984 sf and sold for $285,000.

The first 4 bedroom home located on 18th Mnr had 2,598 sf and sold for $330,000, the second 4 bedroom home located on 16th Street was a Monterrey model having 2,865 sf and sold for $338,000, the third 4 bedroom home located on 132nd Ave was a Kingston model having 3,028 sf and sold for $362,000, the fourth 4 bedroom home located on 18 Ct was a Lalique pool home  having 3,529 sf and sold for $527,000.

The first 5 bedroom home located on 10th Court was a Santa Barbara model having 2,900 sf and sold for $365,000.  The second 5 bedroom home on 20th Street was a Captiva model having 3,698 sf and sold for $490,000.

If you are thinking of selling your Pembroke Falls home or are just curious about what your home is worth in today's market sign up at www.pembrokefallsmarketvalues2.com to receive a free no-obligation Comparative Market Analysis of your home. 

 

The Willard Realty Team’s goal is to keep you up to date with the most recent real estate trends and data for Pembroke Falls so you can make educated decisions about your real estate needs. 

Please feel free to contact us at 954-745-4735 with any questions you may have.  Or visit our Pembroke Falls Web site at www.PembrokeFallsRealEstate.com

Neighborhood Stabilization Program (NSP)

by Justin Willard

Miramar Stabilizatoin Program

One of our clients, Tikisha, just purchased a home through the City of Miramar’s Neighborhood Stabilization Program.  Using the NSP Tikisha was able to purchase a foreclosed home inside the designated Redevelopment Zone established by the City of Miramar.  The NSP purchase assistance funds she received enabled Tikisha to purchase a home for her family that would have otherwise been financially infeasible. The NSP provided Tikisha with a $60,000 forgivable loan and paired her with Wells Fargo who issued her an additional $60,000 FHA loan at the very competitive rate of only 4.7% interest fixed for 30 years.   As a result, she was able to leverage herself and obtain a total of $120,000 in loans to purchase her new home.  The purchase assistance loan that originated through NSP will be completely forgiven as long a Tikisha resides in the homes as her principal residence for the next 15 years.  It gets even better!  In addition to receiving 50% of the purchase price of the home in Purchase Assistance Funds, Tikisha will also receive up to and additional $60,000 in renovation/ repair allowance from the City of Miramar. The NSP repair funds can be used to affect repairs such as code violations, energy and water efficiency improvement (green improvements), health and safety issues, electrical and mechanical systems, appliances, and general home repairs.   

We will be checking back in on Tikisha in the next few months to see how the renovation of her new home is going and to get her personal perspective on how the City of Miramar’s NSP program has benefited her and her family.  Stay tuned!!

Currently the cities of Miramar, Pembroke Pines and Coral Springs in Broward County, Florida offer NSP funds through the Community Redevelopment Associates of Florida. If you would like to find out more about the Neighborhood Stabilization Program and the Cities that offer funds to purchase homes click on the following link to view an article I wrote about the NSP program.  The article contains links to the agencies to contact to learn how to apply for NSP funds in your area: 

Neighborhood Stabilization Program Article

Pembroke Falls Market Update - May 16, 2010

by Justin Willard

 

Pembroke Falls Market Update - May 16, 2010

 Current Listings

There are currently 33 homes for sale in Pembroke Falls

There are 5, three bedroom homes ranging in size from 1,616 sq. ft to 2,153 sf. & are priced from $307,500 to $350,000. 

There are 20, four bedroom homes ranging in size from 1,914 sq ft to 4,857 sf. & are priced from $310,000 to $799,900. 

There are 8, five bedroom homes ranging in size from 2,625 sf to 3,882 & are priced from $359,900 to $699,000. 

 

Recent Sales

There have been 7 sales in Pembroke Falls within the last 30 days. Of the 7 sales 2 were three bedroom homes, 4 were four bedroom homes and 1 was a 5 bedroom home. 

The first 3 bedroom home located on 14th Court has 1,831 sf and sold for $245,000, the second on 132nd Avenue is a Rosewood model having 1,984 sf and sold for $285,000.

The first 4 bedroom home located on 18th Mnr has 2,598 sf and sold for $330,000, the second located on 16th Street is a Monterrey model having 2,865 sf and sold for $338,000, the third located on 132nd Ave is a Kingston model having 3,028 sf and sold for $362,000, the fourth located on 18th Street is a Mikasa model having 3,437 sf and sold for $575,000.

The 5 bedroom home located on 20th Street is a Captiva model having 3,698 sf and sold for $490,000.

 

The Willard Realty Team’s goal is to keep you up to date with the most recent real estate trends and data for Pembroke Falls so you can make educated decisions about your real estate needs. 

Please feel free to contact us at 954-745-4735 with any questions you may have.  Or visit our Pembroke Falls Web site at www.PembrokeFallsRealEstate.com

Buying a Condo with FHA Financing

by Justin Willard
One of the questions we are most often asked is how do I buy a condo with an FHA loan.  Well the simple answer is find a condo that is FHA approved.  In order to do so you will have to located condos in the area you are interested in living in that are FHA approved. 
google map to real pro systemsThe best way to get started is to go to the FHA websiteand search for FHA approved condos in the zip code or city you want to live in.  Once you have determined which condos in your area have existing FHA approvals, you need to become familiar with them and make a decision as to whether or not you would like to live in the community.  You can get a better understanding of the community by first driving by the condo to see it appeals to you.  Then contact the condo's management company or Board of Directors and ask questions about the community.  Some common questions might include the following: How many units are in the community?  Does the community have security?  How many parking spaces does each condo have assigned to it?  Does the community have guest parking and how many guest parking spaces are there for the entire community? Does the condo allow pets?  Are rentals allowed? What percentage of units in the community are currently rented? One other thing you might do is ask a resident about the condo. People love to tell you all about the place they live.
Once you have determined which FHA approved condo you would like to live in you should contact your Realtor and ask him to send you information on any condos that are for sale in the building. If it turns out that there are not currently any condos for sale in the building you might want to ask you Realtor to set you up on an automatic search via the MLS to notify you as soon as  a condo gets listed in the FHA approved community. Doing so will allow you to be the one of the first to see new units as they hit the market.
After you have found the unit you like and are ready to make an offer be sure to double check the FHA status of the community with your mortgage lender.  Your lender will be able to check the FHA listing of approved condos and ensure that the community has an active FHA approval.  Once the FHA status has been double checked you are ready to make an offer through your realtor. 
The key is to  start with the knowledge that FHA loans tend to work best when used to purchase condos with existing FHA approvals. Trying to purchase a condo in a association without an existing FHA approval is often very challenging. So start your quest to purchase a condo with a FHA loan by stopping by the FHA Condo Appoval Website first.  Doing so will save you a lot of time and frustration. 

Pembroke Falls Market Update - May 10, 2010

by Justin Willard

Pembroke Falls Market Update - May 10, 2010

Current Listings

There are currently 24 homes for sale in Pembroke Falls

There are 5, three bedroom homes for sale ranging in size from 1,871 sq. ft to 2,153 sf. & are priced from $307,500 to $350,000. 

There are 12, four bedroom homes for sale ranging in size from 2,108 sq ft to 3,694 sf. & are priced from $310,000 to $799,900. 

 There are 7, five bedroom homes for sale ranging in size from 2,625 sf to 3,882 & are priced from $359,900 to $699,000. 

 

Recent Sales

There have been 7 slaes in Pembroke Falls within the last 30 days.

Of the 5 sales 2 were three bedroom homes and 3 were four bedroom homes.

The first 3 bedroom home located on 14th Court sold for $245,000, the second on 143rd Ave sold for $294,000.

The first 4 bedroom home located on 18th Mnr sold for $330,000, the second located on 16th Street sold for $338,000 and the third located on 18th Street sold for $575,000.

 

The Willard Realty Team’s goal is to keep you up to date with the most recent real estate trends and data for Pembroke Falls so you can make educated decisions about your real estate needs. 

Please feel free to contact us at 954-745-4735 with any questions you may have.  Or visit our Pembroke Falls Web site at www.PembrokeFallsRealEstate.com

Miami-Dade County Market Update - May 2010

by Justin Willard

Single Family Home Statistics - May 2010

There are currently:

8,113  Single Family Homes For Sale on the MLS.

1,301  Single Family Homes Pending Sale in the last 30 days.

633     Single Family Homes that Closed in the last 30 days.

 

Condo & Townhome Statistics - May 2010

There are currently:

16,167 Condos & Townhomes For Sale on the MLS.

1,679  Condos & Townhomes Pending Sale in the last 30 days.

783     Condos & Townhoms Closed Sale in the last 30 days.

 

Single Family For Sale vs. Sold Data as of March 2010


Click to see larger image

Single family home inventory is down 38% year over year.  The number of homes sold is also down 5% while the pending inventory is up 31% year over year from March 2009 to March 2010.

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