Palm Beach, FL Real Estate News

By Scott Gordon
(Exclusive Estates)
Moving to new Palm Beach homes is an activity that can quickly turn from pleasant to nightmarish. Having to lug around heavy furniture and delicate items is one thing but once the estimate comes around, it’s almost like opening another can of worms. Moving doesn’t necessarily have to come at a huge cost if you don’t mind being frugal. Use these tips to save money next time you decide to move. Forego the boxes and the bubble wrap. Head over to most liquor stores and they’ll likely be quite willing to part with their empty boxes which are already quite sturdy since they’re used to transport heavy bottles. For the bubble wrap, swap it out with towels, sheets or newspaper. The internet is a great place to look for people who may be giving away extra items they don’t need like packing tape. ...
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By Scott Gordon
(Exclusive Estates)
The process of buying Palm Beach real estate is already convoluted enough, especially for the first time homebuyer. Perhaps the tougher part is figuring out where to even begin. Most people will tell you to start off by doing a checklist of what you’re looking for and how much you can actually afford. After determining needs and maximum price, it’s strongly advised to consider consulting an experienced realtor or, as some suggest, a real estate attorney as they can also take care of the responsibilities normally associated with the title company. A title company will make sure that any Palm Beach real estate you purchase is free unpaid taxes, fees, etc. Be careful not to become too attached to any property when browsing Palm Beach real estate, at least not until you’ve actually become t...
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By Scott Gordon
(Exclusive Estates)
Improving Palm Beach homes with the purpose of making them greener and lowering costs doesn’t necessarily have to come at a tremendous cost to your pocketbook or require several months of work. In fact, several do it yourself projects can be done over a period as little as a weekend. If you’re looking to upgrade your kitchen, you can always opt for recycled or renewable material products instead of sticking with new ones or with popular granite. For example, a stone countertop with glass that’s been recycled is a good way to start or you can opt for plywood cabinets free of formaldehyde. Floors with natural linoleum material are also good. One of the biggest culprits for driving up monthly electric bills here in South Florida is air conditioning, practically a necessity due to the often...
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By Scott Gordon
(Exclusive Estates)
In today’s market, finding the right Palm Beach real estate mortgage loan is just as, if not more difficult than choosing the property you’ll eventually call home. The tougher lending practices plus the fewer amount of brokers mean there are less resources than before. Here are three good options worth exploring if you’re looking for a home loan. Go on the web. There are several reputable websites like Zillow that can walk you through applying for a mortgage and closing with a broker or bank while presenting accurate fees and rates you’ll be paying. Any website that asks for your social security number upfront should be avoided. Go with a broker. This option is great if you don’t fall under the category of the traditional person seeking a mortgage loan. While a broker won’t be required ...
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By Scott Gordon
(Exclusive Estates)
Price plunges for Palm Beach homes have many people exploring their options to see if they can fulfill their dreams of becoming homeowners. In a perfect world we’d all be able to own a home but first time buyers are often surprised by the costs that are separate from the price tag. A mortgage loan pre-approval is practically a necessity if buyers are looking to purchase Palm Beach homes and don’t want to have to deal with being turned down. This can often cost money and, depending on how one goes about it, so can obtaining the credit report. It’s often encouraged that buyers make a significant down payment in order to obtain better financing but this is obviously money that’s required upfront and thus may add to the overall costs. Of all these hidden costs for Palm Beach homes, what may...
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By Scott Gordon
(Exclusive Estates)
Anywhere you look, there’s Palm Beach real estate available for a price much less than what it once was costing. Despite the tough economic situation many are facing there are people out there who can afford to become homeowners but continue to stick to renting, a legitimate choice for several reasons. When compared to the costs in becoming a Palm Beach real estate homeowner, renting is a huge money saver. In most cases the fees or initial costs involved are the security deposit as opposed to down payment, closing costs, etc. A rental home with more bedrooms or square footage usually won’t require as much as it would to actually own it. The ‘no strings attached’ approach of renting also tends to outweigh getting into a mortgage term or being concerned with the home and whether it will l...
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By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
  How many times do we see advertisements that seem too good to be true. How about the small print that you don't pay attention too. How about the sales person that is more worried about telling you what you want to hear, rather than what they should be telling you. This happens more times than one would think when it comes to mortgages and real estate.   Hint : Just because it says sale or one puts an awesome rate and no fees on your good faith estimate, doesn't mean that this is the gospel according to the truth. Or that realtor that promises you a higher price than what the market warrants. Common sense on this one...  if there are comps in the area justifying the price, fine, but ask for these comps and not just the realtors word.       Why do I harp on this more than ever?  Because...
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By Scott Gordon
(Exclusive Estates)
As Palm Beach homes foreclosures continue to plague the market, real estate professionals continue to tout their financial benefits. In fact, real estate searches via the internet have seen foreclosures searches skyrocket as more and more people explore the possibilities of buying high priced property at low market prices. So why aren’t foreclosure sales surging if searches are skyrocketing? Most people are aware that one of the biggest risks of buying a home, foreclosure or otherwise, is the large chance of the property losing its value over time. However, foreclosures come with an additional set of risks that could lead to unwanted financial headaches for buyers down the road. Thankfully, minimizing risks is relatively simple by employing a few simple steps. Buyers should always begin...
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By Scott Gordon
(Exclusive Estates)
Many realtors continue to advertise the monetary benefits of buying Palm Beach real estate foreclosures and statistics show that searches for foreclosures have increased substantially. However despite this surge in foreclosures, buyers continue to remain on the fence when it comes to actually buying a foreclosure property of any sort. Besides the general risks associated with buying a home new or old (namely a potential drop in value), foreclosures have additional strings attached. Costs that go unnoticed, dilapidated conditions, legalities, the list goes on and on. How does one minimize their own risk of huge monetary losses? First, buyers must understand what foreclosures are and how they differ from a new home. Buyers should either do their own research or consult a real estate profe...
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By Sandy Pitchford, Palm Beach, Jupiter, Tequesta Real Estate
(Distinct Estates)
  Palm Beach county is a very large and diverse county located in the heart of south Florida.  The palm beach real estate market contains everything from beautiful ocean front homes and condos, to large horse farms, to great golf view country clubs and large wide intracoastal view homes.  There aren't too many areas like this.  The rich and famous can be found living the the Palm Beach island real estate, which offers beautiful ocean and intracoastal homes.  Out west you have wellington, where many of the large estate horse farms are located.  And to the north you have Jupiter which is famous for the large estate on Jupiter Island. To browse some of the great offerings in this very diverse market, be sure to check out the Palm Beach real estate site. You may also find some interest in t...
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By Anthony Pizzarelli
(Corcoran)
Palm Beach Realtor   Sponsored by www.PalmBeach-Select.com Your #1 source for real estate market information specific to your Palm Beach County real estate interest.  When you enter your e-mail address here @ www.PalmBeachMarketInfo.com you'll be prompted to select which down town West Palm Beach building(s) you'd like to receive e-Reports on as well as an option to recieve general market information. It's my philosphy that an educated customer is the best customer and it's my pleasure and honor to provide reliable market data to help assist with your real estate needs.   Best Wishes, Anthony L. Pizzarelli a.k.a Mr Down Town West Palm Beach anthony@pb-select.com   888-888-2814 The Corcoran Group Palm Beach 340 Royal Poinciana Way #302 Palm Beach, Fl. 33480      See my listings @ www.Pal...
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By Scott Gordon
(Exclusive Estates)
Today’s Palm Beach homes market arguably contains the same amount of lucrative opportunities as it does hazards for people who fall under the category of first time Palm Beach homes investor. The trouble is a lot of of these Palm Beach homes investors become too fixated on these Palm Beach homes deals and forget to take a look at how the market works and how prices ebb and flow. If you think about it, how do you define a genuine deal on Palm Beach homes if it’s your first time playing the market? Your goal is to make as big of a profit as possible, look out for Palm Beach homes that don’t require a substantial down payment. Remember that the value of Palm Beach homes always fluctuates, so a small down payment may translate into more money in your pocket if your down payment is small. Wi...
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By Danny Thornton, WordPress Guru
(R & D Art)
When I lived in Florida, it seemed that I was never more than 2 hours around from anything in the center of the state to the bottom. Well, that is, with the exception of the keys. Having this luxury gave me the ability to spend weekends at whatever each I wanted. I could go to the west coast beaches and play in the gulf, or the east coast beaches and play in the Atlantic. The thing that I loved about the East side was A1A. For those of you that do not know Florida well, this road runs north/south along the east coast line of Florida. While spending time on A1A, I witnessed a lot of major traffic crimes that could use the expertise of someone like Randy Berman. Randy is an attorney serving Palm Beach and Delray Beach, Florida. He deals with a lot of criminal offenses that range from majo...
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By Investor Realty Group, Local Expertise with a Global Reach
(Investor Realty Group, LLC)
In today's slowing real estate marketplace, having the option to spotlight your property and maximize visibility is a critical benefit to getting it sold. It is, by far, the best possible method of attracting as many possible buyers on a single day and using a competitive bidding process to achieve the highest possible sale price. Buyers act on your schedule by complying with the terms, conditions and sale date of the Auction. They are committed to sale on a specific date, therefore, they conduct their due diligence in advance and are prepared to bid on the day of the sale. Closings typically never exceed 45 days beyond the sale/auction date, offering you a complete timeline from the minute you agree to move forward. Whether your property has been on the market longer than you expected...
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By Investor Realty Group, Local Expertise with a Global Reach
(Investor Realty Group, LLC)
AS SO MANY ARTICLES HAVE STATED, WE ARE IN THE MIDST OF ANOTHER DOWNTURN IN SOUTH FLORIDA'S BOOM AND BUST REAL ESTATE MARKET. THE MOST RECENT ARTICLE IN THE DAILY BUSINESS REVIEW MENTIONED THAT THIS IS THE 4TH MARKET DOWNTURN IN 26 YEARS.  WHAT IS SO DIFFERENT ABOUT THIS DOWNTURN IS JUST HOW RAPIDLY IT CAME AND THE EXTENT TO WHICH IT CAME TO SUCH A QUICK HALT.  IN THE PAST YOU COULD SEE A SLOWDOWN OCCURING AND IT WAS MORE PREDICTABLE.  THIS TIME THE BOTTOM JUST DROPPED OUT. IN THE SAME TIME, REAL ESTATE AUCTIONS ARE BOOMING. (NAA Stats.). PLEASE VISIT WWW.AUCTION-GENERATION.COM  FOR A VIDEO AUCTION OVERVIEW. Troy Fowler Lic. Real Estate Broker & Lic. Real Estate Auctioneer (#AU3595, #AB2717, AARE, CES)             
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By Investor Realty Group, Local Expertise with a Global Reach
(Investor Realty Group, LLC)
.Absolute Auction: An Auction where the property is sold to the highest bidder with no limiting conditions or amount.  The seller may not participate directly or indirectly. .Reserve Auction: An auction in which the seller reserves the right to establish a reserve price.  He or she may choose to accept or decline any and all bids or to withdraw from the auction at anytime prior to the announcement of the completion of the sale by the auctioneer. .Minimum Bid Auction: An auction in which the auctioneer will accept bids at or above a disclosed price.  The minimum price is always stated in marketing materials and is also announced at the auction. .Sealed-Bid Auction:  This sales method utilizes confidential bids, which are submitted to be opened at a predetermined time and place. To learn ...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
On the way back from our mini-vacation in Miami I had to stop at Richard Zaretsky's office in West Palm Beach to sign some documents for the short sale closed December 29 and pick the check. I do not know the area very well. Drove through it several times, loved their Royal Palm Way, Flagler Dr... I read that Palm Beach area is home to many wealthiest people in the nation. Palm Beach is a small and very affluent small town. Here's a quote from Wikipedia: "The town's affluence and its "abundance of pleasures" and "strong community-oriented sensibility" were cited when it was selected in June 2003 as America's "Best Place to Live" by Robb Report magazine." Being a Russan immigrant, I was stunned to know that there were a lot of Russians in Palm Beach. According to Wikipedia, as of 2000, P...
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By Katerina Gasset, Get It Done For Me Virtual Services
(Get It Done For Me Virtual Services )
With so many short sales in South Florida it makes you wonder how has the downturn in the market affected the luxury home market. There is a part of our county that you all know as Palm Beach Island. Palm Beach island is home to the worlds' biggest billionaires and movie stars. The Kennedy's even had a nuclear resistant bunker built out off the island on Peanut Island. You can take boat rides over there to see it and the Maritime museum.  Donald Trump's Mara Lago is here on the island. Donald Trump and his X wife Ivana Trump have properties on the island. Jimmy Buffet and Rod Stewart both have mansions on the island.   Here is the famous Breakers Hotel on Palm Beach Island where many rich and famous people stay. This hotel is our favorite here in Palm Beach County. It is right on the be...
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By Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC
(Ludwig & Associates)
  Inspirational Power Quote   A Time to Cherish Peace and Good Will             "To the American people: Christmas is not a time or a season but a state of mind. To cherish peace and good will, to be plenteous in mercy, is to have the real spirit of Christmas. If we think on these things, There will be born in us a Savior and over us will  shine a star sending its gleam of hope to the world." Calvin Coolidge, 30th President of the United States Presidents Christmas message December 25, 1927    As I see it. . . . . . . . President Calvin Coolidge delivered this message to the national over eighty years old ago, and after all the years this message is still bears significances in its meaning.  The sprit of the season is the person, have gratitude for what you have, cherish your family and...
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