Archive | July, 2011

Discovery Tour of New Florida Retirement Communities

19 Jul

FEATURED FLORIDA NEW RETIREMENT COMMUNITIES

RESORT LIFESTYLE FOR ACTIVE ADULTS

3 DAY DISCOVERY TOUR PACKAGE

 Naples, Jacksonville, Ponte Vedra, Orlando, Ocala, Tampa

A 3-day Discovery Tour Package is an excellent way to become familiar with your future retirement community of choice and 3rd night stay is at no cost!!!

If you are presently planning your future retirement, now is a great time to experience a Discovery Tour and everything our featured new retirement communities have to offer.  We encourage your visit and will be happy to make the necessary arrangements for a tour of our featured retirement communities vacation package and accommodations at existing new communities in Naples, Jacksonville, Ponte Vedra, Orlando, Ocala and Tampa. Please contact our office for current prices and availability by sending your specific request to communityinfo@comcast.net

Ask us about Special Offers and Events

We’d love to hear from you!

About the Author:   Millie Gil has been a successful Licensed Real Estate agent for over 25 years in Florida.  Millie is Vice President of Bold Real Estate Group, a boutique agency committed to concierge personalized service for discerning buyers, sellers and renters of residential and commercial properties.  For more information please forward your request to communityinfo@comcast.net

Servicing:  Port St. Lucie, Palm City, Jensen Beach, Stuart, Vero Beach,  Hutchinson Island, Naples, Tampa, Orlando, Ocala, Fort Pierce,  Palm Beach, Jacksonville, Jacksonville Beach, Ponte Vedra Beach, Palm Coast, Neptune Beach, Amelia Island, Atlantic Beach, Fernandina Beach, Saint Johns, Saint Augustine, Daytona Beach, Fleming Island and New York real estate.

View thousands of listings  www.Northeast-Florida-Relocation.comwww.BoldRealEstateGroup.com,  www.NewYork-Florida-RealEstate.com, www.PGAVillage-Homes.com, www.TheCascadesAtStLucieWest.com, www.HealthcareRelocationServices.com

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Want to List Your Home as Short Sale?

14 Jul

What is a “short sale?”

A short sale occurs when the net proceeds from the sale of a home are not enough to cover the sellers’ mortgage obligations and closing costs, such as property taxes, transfer taxes, and the brokers’ commission. The seller is unwilling or unable to cover the difference.

Who do you contact first?

Seller must contact a qualify Real Estate office specializing in short sale negotiations.  Please feel free to contact Bold Real Estate Group for more information or concerns about the short sale process.

How do I get the lender to reduce the amount of the mortgage owed?

Many lenders will not negotiate the mortgage balance until a written Contract for Sale and Purchase has been received. The seller is often asked to submit income tax returns, income stubs and other information so that the lender can determine if it is truly a hardship case. The bank will also need comps or a broker’s price opinion showing your estimate of value.  Bold Real Estate Group short sale division will assist with all negotiations towards a successful resolution.

What if the lender won’t reduce the amount of the mortgage?

Unfortunately, not all lenders will reduce the amount of the mortgage if they feel that the seller can pay the deficiency. In this case, the seller will have to either sign a Promissory Note to the lender, borrow funds from relatives or other sources, or the sale won’t go.

Are there any tax implications for the forgiveness of debt?

The forgiveness of any debt is imputed income to the seller for tax purposes. A 1099 is usually given to the seller at closing and the imputed income is listed on the HUD-1.

What is Necessary from a Successful Short Sale Negotiator?

  • Sophisticated financial knowledge
  • Understand the lender’s language
  • Reliable – a company with name to protect
  • Time, time and more time
  • Accurate paperwork
  • Experience
  • Legal knowledge
  • Negotiation skills
  • Strong supportive administration
  • Capability to handle high volume
  • Legal reasonability

Bold Real Estate Group Short Sale division is dedicated to working with home sellers towards a successful resolution of the Short Sale process.  Our legal assistant will collect and review all the necessary documents, research tax, title and liens on the property and purchase contract for lender review.  Our legal assistant will not collect a retainer fee for services.  Legal fees and Real Estate commission will be paid by the lender as part of their NET loss for the short sale approval.  Your lender is contacted weekly for updates and make sure positive progress is being made on the file.  Please feel to contact our office with any questions or concerns regarding our short sale process.

For Legal Advice Contact: Attorney Bonnie A. Brown

For a Real Estate Professional Contact: Bold Real Estate Group, Inc.

About the Author: Millie Gil has been a successful Licensed Real Estate agent for over 25 years in Florida.  Millie is Vice President of Bold Real Estate Group, a boutique agency committed to concierge personalized service for discerning buyers, sellers and renters of residential and commercial properties.  For more information please forward your request to communityinfo@comcast.net

Servicing:  Port St. Lucie, Palm City, Jensen Beach, Stuart, Vero Beach,  Hutchinson Island, Fort Pierce,  Palm Beach, Jacksonville, Jacksonville Beach, Ponte Vedra Beach, Palm Coast, Neptune Beach, Amelia Island, Atlantic Beach, Fernandina Beach, Saint Johns, Saint Augustine, Daytona Beach, Fleming Island and New York real estate.

View thousands of listings  www.Northeast-Florida-Relocation.comwww.BoldRealEstateGroup.com,  www.NewYork-Florida-RealEstate.com, www.PGAVillage-Homes.com, www.TheCascadesAtStLucieWest.com, www.HealthcareRelocationServices.com

Are You Ready To Buy A Foreclosure? by Bold Real Estate Group

14 Jul

Buying a foreclosure can become a dream bargain or a money pit but how do you really know you’re getting a good deal? Before buying any foreclosed property you should always have the property inspected. Keep in mind; the potential financial rewards of buying a foreclosure don’t come without their share of hard work and headaches.

You’re probably going to encounter some difficulties with a foreclosure, but if you’re prepared and know what you’re about to deal with you’ll be in a better position to conquer with ease.

Common Problems with the Property

In most cases you’ll find the house is often poorly maintained – after all, if the owner can’t make the payments, he or she is likely falling behind on paying for regular upkeep as well.

In addition, some people who are forced into foreclosure are embittered by their situations and take out their frustrations on their home before the bank repossesses. This often involves removing appliances and fixtures, and sometimes even outright vandalism.

After the homeowners leave, foreclosures sit abandoned for a long while, often inviting criminal activity and more damage to the home.

Compounded Problems

Are there any leaks that seem like an easy fix? Well a small leak under the kitchen sink or in the roof can lead to a mold problem and significant water damage. With no one around to take care of those small problems, they become big problems and as time goes by, they become disasters.

Foreclosed properties are notoriously dirty because of the time the home remained empty and dusty. When the place is locked up with no air circulating for months, built-up dirt can cause the entire home to smell.

Depending on the climate where the home is located, the lawn and landscaping has probably become totally dead and extremely overgrown; this can lead to snakes and rodents, whom love to live in overgrown brush.

The bottom line is there is always money to be made with foreclosures. But you must look at the fundamentals first to see if it’s worth your time; remember what I said about the hard work and headaches? This is a given but for those buyers with clear objectives and goals, the rewards are paved in dollars and cents.

About the Author: Millie Gil has been a successful Licensed Real Estate agent for over 25 years in Florida.  Millie is Vice President of Bold Real Estate Group, a boutique agency committed to concierge personalized service for discerning buyers, sellers and renters of residential and commercial properties.  For more information please forward your request to communityinfo@comcast.net

Servicing:  Port St. Lucie, Palm City, Jensen Beach, Stuart, Vero Beach,  Hutchinson Island, Fort Pierce,  Palm Beach, Jacksonville, Jacksonville Beach, Ponte Vedra Beach, Palm Coast, Neptune Beach, Amelia Island, Atlantic Beach, Fernandina Beach, Saint Johns, Saint Augustine, Daytona Beach, Fleming Island and New York real estate.

View thousands of listings  www.Northeast-Florida-Relocation.comwww.BoldRealEstateGroup.com,  www.NewYork-Florida-RealEstate.com, www.PGAVillage-Homes.com, www.TheCascadesAtStLucieWest.com, www.HealthcareRelocationServices.com

Should I Refinance My Mortgage?

14 Jul

Phone calls flood in every week about refinancing to a lower rate; as soon as you walk in the door your phone is ringing – “We’re calling to help you take advantage of the insane low mortgage interest rates…”

People are still lining up to get their application in and refinance their mortgage. But while it’s true that refinancing has the potential to help you reduce the costs associated with borrowing money to own a home, it is not necessarily a strategy that makes sense for everybody. So before you make a commitment to refinance your mortgage, it’s important to do your homework and determine whether such a move is the right one for you.

Most of us follow the rule that refinancing will only make sense if you can lower your interest rate by 2 or more points, such as going from 6 to 4 percent.

But what really matters is how long it will take you to break even and whether you plan to stay in your home that long. In other words, make sure you understand – and are comfortable with – the amount of time it will take for your overall savings to compensate for the cost of the refinancing.

Consider this: If you had a $200,000 30-year mortgage with a 6 percent interest rate, your monthly payment would be $1,199. If you refinanced at 4 percent, your new monthly payment would be $954.83, a savings of $244.17 per month.

Assuming that your new closing costs amounted to $2,000, it would take 8.5 months to break even ($244.17 x 8 = 1953.36).

If you plan to stay in your home for at least eight more months, then a refinance would be appropriate and you’ll save money. If you plan to sell the house before then, you might not want to bother refinancing because your out-of-pocket expenses would be more than your savings.

Don’t get finagled by the variability of the interest rate
There are two basic types of mortgages: those with “fixed” interest rates that do not change and those with variable rates, which often change after a predetermined amount of time has passed, such as one year or five years.

While an adjustable-rate mortgage (ARM) always offers a lower introductory rate than a fixed-rate mortgage with a comparable term, the ARM’s rate could jump in the future if interest rates rise. If you plan to stay in your home for a long time, it probably makes more sense to opt for the security of a fixed rate, whereas an ARM might make sense if you plan to sell before its rate is allowed to go up (within 3 years to be safe).

About the Author: Millie Gil has been a successful Licensed Real Estate agent for over 25 years in Florida.  Millie is Vice President of Bold Real Estate Group, a boutique agency committed to concierge personalized service for discerning buyers, sellers and renters of residential and commercial properties.  For more information please forward your request to communityinfo@comcast.net

Servicing:  Port St. Lucie, Palm City, Jensen Beach, Stuart, Vero Beach,  Hutchinson Island, Fort Pierce,  Palm Beach, Jacksonville, Jacksonville Beach, Ponte Vedra Beach, Palm Coast, Neptune Beach, Amelia Island, Atlantic Beach, Fernandina Beach, Saint Johns, Saint Augustine, Daytona Beach, Fleming Island and New York real estate.

View thousands of listings  www.Northeast-Florida-Relocation.comwww.BoldRealEstateGroup.com,  www.NewYork-Florida-RealEstate.com, www.PGAVillage-Homes.com, www.TheCascadesAtStLucieWest.com, www.HealthcareRelocationServices.com

Top 5 Ways To Increase Your Home’s Value

14 Jul

We all want our homes to look appealing to make visitors take a second look; but where do you spend your money to increase value And look good And stand out?

1.An updated kitchen. Kitchens are critical because people want lots of workspace to cook and socialize. Buyers look for solid surface counters, updated appliances and high-quality flooring, such as wood, laminate, tile or stone. It also doesn’t hurt if it opens onto another room; families are looking for openness to communicate. It won’t hurt if you have a picturesque window or several windows to allow light in. Will it sell faster, Yes!

2.Natural materials. People are looking for ceramic tile, hardwood floors, and granite. In floor coverings — especially bathrooms or kitchens — look for ceramic tile or wood rather than linoleum, which can become worn and tear.  In the rest of the house choose wood or laminate products over wall-to-wall carpeting.

3.Curb appeal. First impressions are everything. There is nothing better than pulling up to a home with a manicured lawn and a splash of color. A house that appears tidy and well-cared-for will sell more quickly and for more money. A good first appearance can add as much as 10 percent to the value of the home.

4.Basement. A finished basement adds more value simply because of the space. People love the fact that they can “go somewhere and hide” or have that man-cave; and many parents love a place where teenagers can be in another part of the home, not seen or heard!

5.Lots of storage. Nothing beats an oversized garage, some attic space and plenty of closets. If you have a two-car garage you are in the forefront for “SOLD”; do you have extra space for those things we all have — bicycles, lawn mower, snow blower and just extra junk? No matter if you’re single or married, Space is important.

Now on the flip side, contrary to what many people believe there are things that can alter your property value;

• A pool. Pools in most parts of the country don’t automatically raise the value of your home; It’s constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and the liability is high

• Outdated appliances or systems. Who wants an electrical system or plumbing system incapable of handling modern conveniences?

• Stale or overly personal decor. Sure, red is a hot wall color right now but a complete red room? It won’t appeal to everyone. Most home sellers will change the colors to something muted but then you have those who want to remain purple and electric green for the sake of individual design.

About the Author: Millie Gil has been a successful Licensed Real Estate agent for over 25 years in Florida.  Millie is Vice President of Bold Real Estate Group, a boutique agency committed to concierge personalized service for discerning buyers, sellers and renters of residential and commercial properties.  For more information please forward your request to communityinfo@comcast.net

Servicing:  Port St. Lucie, Palm City, Jensen Beach, Stuart, Vero Beach,  Hutchinson Island, Fort Pierce,  Palm Beach, Jacksonville, Jacksonville Beach, Ponte Vedra Beach, Palm Coast, Neptune Beach, Amelia Island, Atlantic Beach, Fernandina Beach, Saint Johns, Saint Augustine, Daytona Beach, Fleming Island and New York real estate.

View thousands of listings  www.Northeast-Florida-Relocation.comwww.BoldRealEstateGroup.com,  www.NewYork-Florida-RealEstate.com, www.PGAVillage-Homes.com, www.TheCascadesAtStLucieWest.com, www.HealthcareRelocationServices.com

Buying your first home in today’s market by Bold Real Estate Group

13 Jul

Buying My First Home in Today’s Market

Today’s real estate market offers some of the best opportunities if you’re buying your first home.  Low interest rates, a plethora of homes for sale and first time homebuyer programs offering tax incentives and enticing down payment and closing cost assistance to help you acquire your dream home.  But the preliminaries can become confusing and often deter many homebuyers.  Your first solution is to always work with a Realtor-Buyers Agent who offers FREE and exclusive Buyer Representation, because professional advice always outweighs a wing and a prayer.

Buying a home is one of the best investments in your life. It provides stability and it will become your primary tangible equity resource in your life.  I’ve always been told that if there is one permanent thing you could want it is a roof over your head.

The current market has its obstacles whereas everyone and anyone could get a mortgage loan two years ago and now the criterion has changed – for the better!  A good, stable and positive credit history is required accompanied by a healthy bank account. Lenders will heavily base their decision for a loan on your credit score and while these guidelines are not cast in stone, a score that is as close to 720 or higher is lined in gold and will get you closer to obtaining your dream home than a score in the mid-600’s.

While credit histories deter many homebuyers now is the time to begin working on improving your credit score.  Sure, it’s true that interest rates will go up some but why keep waiting to fix your credit history?  You just prolong ever becoming a home owner. Just think in a year what you can accomplish; programs will still be intact to help you with down payments and closing costs and your FICO credit score will be higher to qualify you.  And many people always think the worst when it comes to their credit history but until you actually speak to the professionals – a Realtor-Buyer’s Agent and a Lender – you’ll never know what position you’re in for a new home.

Do you really need to act that fast to get into a home?  Yes! Market indicators all suggest that the economy is standing steady but interest rates will undoubtedly not go lower than they are right now which means if you wait another six months to a year to purchase a home you could be looking to pay thousands of dollars more in interest.  This means a larger monthly mortgage payment, more of a down payment and a larger loan package. Not to mention once the real estate markets begin to become more stable home prices will start to inch back up.   Click Mortgage Calculator for quick estimate of mortgage payment.

Two years ago many people could not qualify for a single family home because their income was too low for such high-priced real estate but with today’s new home prices, first time home buyers are in a better position, especially with all the new programs to help you buy.

Every state has some program now that helps with either the down payment or closing costs.  There are guidelines and criteria to meet but for many this means realizing their dream that much quicker.

Understanding all of your options and the value of purchasing now is very important.  Today’s market is so advantageous that you can’t afford NOT to purchase a home.  Talk to a Realtor-Buyer’s Agent quick while homeownership is ripe for the taking!

Single Family Residential Properties

Single Family Residential Properties for Sale in Port Saint Lucie, Florida Between $0 – $100,000
Single Family Residential Properties for Sale in Port Saint Lucie, Florida Between $100,000 – $200,000
Single Family Residential Properties for Sale in Port Saint Lucie, Florida Between $200,000 – $300,000
Single Family Residential Properties for Sale in Port Saint Lucie, Florida Between $300,000 – $400,000
Single Family Residential Properties for Sale in Port Saint Lucie, Florida Between $400,000 – $500,000
Single Family Residential Properties for Sale in Port Saint Lucie, Florida Between $500,000 – $750,000
Single Family Residential Properties for Sale in Port Saint Lucie, Florida Between $750,000 – $1,000,000
Single Family Residential Properties for Sale in Port Saint Lucie, Florida Between $1,000,000 – $1,250,000
Single Family Residential Properties for Sale in Port Saint Lucie, Florida Between $1,250,000 – $1,500,000
Single Family Residential Properties for Sale in Port Saint Lucie, Florida Between $1,500,000 – $1,750,000
Single Family Residential Properties for Sale in Port Saint Lucie, Florida Between $1,750,000 – $2,000,000
Single Family Residential Properties for Sale in Port Saint Lucie, Florida Between $2,000,000 – $2,750,000

About the Author:  Millie Gil has been a successful Licensed Real Estate agent for over 25 years in Florida.  Millie is Vice President of Bold Real Estate Group, a boutique agency committed to concierge personalized service for discerning buyers, sellers and renters of residential and commercial properties.  For more information please forward your request to communityinfo@comcast.net

Servicing Florida Cities:  Port St. Lucie, Palm City, Jensen Beach, Stuart, Vero Beach,  Hutchinson Island, Fort Pierce,  Palm Beach, Jacksonville, Jacksonville Beach, Ponte Vedra Beach, Palm Coast, Neptune Beach, Amelia Island, Atlantic Beach, Fernandina Beach, Saint Johns, Saint Augustine, Daytona Beach, Fleming Island.

Cascades St. Lucie West Retirement Community

7 Jul

The Cascades at St Lucie West is a premier resort lifestyle active 55+ community featuring Mediterranean-style architecture and beautifully manicured grounds.

The Cascades offers it’s own 9-hole golf course, 10 lighted Har-Tru Tennis Courts, a  26,000 sq.ft. Clubhouse, outdoor pool & spa, fitness center, sauna, multi-purpose ballroom, media room, library, and card and billiards rooms available to enjoy year round, yoga classes, tai-chi classes, water aerobics, bridge class, bocce, scrabble, games, computer class, music & performing arts club, art and crafts, ballroom dancing, theater, travel clubs, mah jongg, Canasta,  book club, poker club, weekly events and much more! Gated entry with 24-hour controlled access for privacy. St Lucie West is the location of the New York Mets spring training program. The community is conveniently located, minutes away from theaters, houses of worship, great restaurants, movie theaters, post offices and hospitals.  Contact Bold Real Estate Group for a complimentary tour and let us welcome you to your dream home.  Your best investment opportunity is at The Cascades! Short Sales, Foreclosures and Rentals available. Single family homes priced as low as $129,700

Having the right real estate agent means having an agent who is committed to helping you buy, sell or rent  your home with the highest level of expertise in your local market. This commitment level has helped us build a remarkable track record of delivering results.

Nothing is more exciting to us than the gratifying feeling we get from helping people meet their real estate needs. You can count on us to always do what’s in your best interest.  We pride ourselves on being honest, trustworthy, and knowledgeable in the real estate market.  We know how important it is to find your dream home. Therefore we will make it our responsibility to help you achieve those goals.

Whether you are an experienced investor or a first time buyer,  Bold Real Estate Group can help you in finding the property of your dreams. Please feel free to browse our website or let us guide you every step of the way by calling or e-mailing Bold Real Estate Group to set up an appointment today.

Concierge Real Estate Services: Bold Real Estate Group will provide concierge services including set up of excursions and area information.
  
Dining and Shopping: Residents will find an enticing selection of restaurants in the area, ranging from light meals and fast food to gourmet dining. Nearby shopping venues include mainstream consumer retail outlets, shopping mall and specialty boutiques.
Health Care: Three nearby hospitals, Lawnwood Regional Medical Center, St. Lucie Medical Center and Martin Memorial Health Systems provide complete modern medical care including 24-hour emergency services. Martin Memorial’s St. Lucie West Walk-In Clinic is located in the St. Lucie West area.

Senior Care Options:  Port St. Lucie area – Abingdon at Tradition, Vero Beach area – The Lakes at Pointe West,  Melbourne area  – Viera Retirement at Watersong,  Myrtle Beach area – Brightwater

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