Comments for Real Estate

Comment on Where is the best place in Fl. to buy a home. NO gated communities, we want a family home. NO condos!? by sovereign_carrie

sovereign_carrie — Wed, 10 Mar 2010 22:53:59 +0000

Stay north of West Palm Beach. Housing is cheaper, safer, and nicer. People are more friendly. South florida is mostly old folks communities, gated communities and alot of crime. Fort Lauderdale is a horrible choice, I work there and live in Hallandale. Yuck.
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Comment on Where is the best place in Fl. to buy a home. NO gated communities, we want a family home. NO condos!? by tiff21xy

tiff21xy — Wed, 10 Mar 2010 22:20:59 +0000

I live in Miami, but if you want a small town, try Pensacola, I lived there too, great friendly people, pretty good real estate prices, not too small, and not a big city…. http://www.visitpensacola.com... check out the site…………
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Comment on My apartment is entering foreclosure – what to do (renegotiate lease, buy, stop paying rent etc.)? by sassy25

sassy25 — Wed, 10 Mar 2010 21:47:59 +0000

You have no legal right to withhold rent. Doing so can cause an eviction which would destroy your credit.
You can try to negotiate but if the landlord is hurting for money he will not agree
You need to wait 6 months till the mortgage lender has clear title.
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Comment on Where is the best place in Fl. to buy a home. NO gated communities, we want a family home. NO condos!? by skcs69

skcs69 — Wed, 10 Mar 2010 21:36:59 +0000

Jacksonville, Fl is very nice.
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Comment on My apartment is entering foreclosure – what to do (renegotiate lease, buy, stop paying rent etc.)? by Ranger4402

Ranger4402 — Wed, 10 Mar 2010 21:22:59 +0000

My advice:

Never ever stop paying rent. Continue to pay the rent in full and on time and keep access to the cancelled checks. The new owner may desire to keep you as a renter. If you like the place, then why risk losing it because of non payment of rent?

Why on Earth would the current owner, bank or HOA negotiate a lower rent rate with you? Your rent goes to help cover the owner’s back association fees and or mortgage. That would be a very dumb move on the part of the current owner.

If you are evicted then that impacts your credit score. Don’t mess that up by playing games here.

If you want to buy the unit then figure out/learn what it is worth and make an offer to whomever owns it. You could do the current owner a favor by making him an offer because he and you can hire a real estate professional to do the paperwork. This alone will save him 5% to 6% in real estate commissions if he makes a deal with you.

I sense you want something for nothing here regarding rent and I would not go there. It will be the biggest mistake of your life.

Finally, you can’t stop paying rent because the property owner isn’t paying his HOA fees, mortgage, property taxes, insurance or any other expenses. As long as you have a peacful, quiet and habital place to live you owe rent. If any of those things fall apart then you give your property owner a chance to remedy them. If he or she fails then you move. What you don’t do is stop paying rent.
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Comment on Where is the best place in Fl. to buy a home. NO gated communities, we want a family home. NO condos!? by Sufi

Sufi — Wed, 10 Mar 2010 20:59:59 +0000

englewood
sarasota
tampa
fort lauderdale
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Comment on my condo for sale is in a complex less than 40% owner-occupied? by whoopswhatever

whoopswhatever — Wed, 10 Mar 2010 20:57:59 +0000

Hi kingfish63042…
You are so smart to be aware and concerned about this. Good for you! I admire that in a man!
But don’t get too caught up about the lack of financing for new buyers.
This reminds me of what old coach Wooden used to say: "don’t let what you can’t do, get in the way of what you can".
Because new homeowners are only one part of the overall market.
As you can see there are lots of investors out there (they seem to like your complex, that’s great!) so be sure that you make your condo as appealing to them as possible.
Make sure that your price is right.
In the long run it really does pay to offer a good commission to the real estate agents – 6% (or more in this market)
Let everybody know that you’ll co-operate with a 1031 exchange if necessary (at no cost to you of course)
And…
Be positive and don’t sweat the small stuff… and you’ll be fine.
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by the way…will u pick this answer as the best. U R sweet if u do! thin~Q vry mch

Comment on Can I refinance my new construction condo if we haven’t incorporated? 2 part question…? by nusias9

nusias9 — Wed, 10 Mar 2010 20:52:59 +0000

What does the Certificate of Incorporation (COI) have to do with your property. When I bought my condo apparently the COI had been expired for years.. When I took over the association I discovered the last president didn’t bother to renew the COI and in fact had no idea what a COI was….thus had to go back and file for the previous 4 yrs. These have to be renewed yearly..

EVEN without a COI…none of that seemed to impact the sale of units within the building.. Didn’t impact my purchase at all! The bank never asked..

I’d be more concerned as to why the developer had not Incorporated the building prior to selling units.. In NJ that is required before the developer can sell any units!

I do not know the answer for the second question..sorry
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Comment on Where is the best place in Fl. to buy a home. NO gated communities, we want a family home. NO condos!? by jenivive

jenivive — Wed, 10 Mar 2010 20:49:59 +0000

tallahassee is really nice. i live there now. gets down in 30s some nights but only lasts for about a month. during the days tho its usually 50-60s (during cold times) but it has a young feel bc of the college and beach (hr away). but lakeland, tampa is further south and warmer w/younger feel.
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Comment on BF Paranaque Philippines Elegant Two-Story Home by modey19

modey19 — Tue, 09 Mar 2010 21:18:18 +0000

looks nice
looks nice