Stuart Florida Homes for Sale in Harbor Estates – Price Reduced

07.16.10 by

Stuart Florida Homes for Sale in Harbor Estates – Price Reduced

Delightful young-at-heart 2-story home on a tree-lined street. Freshly painted outside. Many upgrades inside include beautiful Brazilian cherry wood floors. Updated eat-in kitchen with new cherry cabinets, refrigerator, stove, marble counters, tile backsplash, and tile floor. Sliders to patio & large fenced yard. First-floor bedroom with new carpet, office or 2nd bedroom, full bath. Second-floor master bedroom, dormer window with built-in drawers. Updated master bath with new counter & sink, Sortino faucet, Jacuzzi brand tub. 4th bedroom with dormer window. Replaced roof. Two-car garage. Expanded driveway for boat parking. Room for a pool in the backyard.Community boat ramp. Walk to Publix, shops, and banks. Easy access to 95 & turnpike. “A” rated schools.

Stuart Florida Homes for Sale in Harbor Estates – Price Reduced

For more information, visit our website or call us at (772) 888-2885.

 

Waterfront Condos for Sale in Sandpebble, Hutchinson Island, Stuart, Florida – Price reduced

07.16.10 by

Waterfront Condos for Sale in Sandpebble, Hutchinson Island, Stuart, Florida – Price reduced by $50,000.

This waterfront Condo for Sale on Hutchinson Island Florida in Sandpebble is truly hassle-free living in this gorgeous 2/2 ground floor end unit in Sandpebble. Enjoy spectacular wide river views from the master and main living area and the privacy afforded by the palm-tree-lined yard bordering the unit. More than $50,000 in upgrades include remodeled kitchen (with custom cabinetry with full extension pull-outs, island with service sink), recessed lighting, plantation shutters, and remodeled master bath. Murphy bed in the guest bedroom.

Other perks: all work has been done on the roof, dock, seawall, exterior concrete restoration, and exterior painting and all assessments are paid!

New AC in 2008 and new water heater in 2009. Pull down shutters. All that is left for you to do, is kick back and relax!  Docks are available for lease at only $1.50 per foot.

3 Pools, Clubhouse, and Tennis courts on the riverside and 2 Pools and Ocean Access on the Ocean Side are all available for you in this super condo for sale on Hutchinson Island, Florida

Waterfront Condos for Sale in Sandpebble, Hutchinson Island, Stuart, Florida – Price reduced

Search for all Sandpebble Condos for Sale

For more information, visit our website or call us at (772) 888-2885.

 

A Lesson For Sellers (From Buyers)

09.19.09 by
If you’ve found the right home, how can you be certain you aren’t paying too much? Once you make your choice, it’s quite likely you’ve also become well informed about property values. How is this so? Because before you made that choice, you probably looked at a variety of homes, possibly as many as six to twelve properties. That’s called “comparison shopping.”
As you visited each home, you made value judgments based on the size, features, and amenities offered, as well as the condition of the homes. Without realizing it, you compared prices, looking for the greatest value for your dollar. Nevertheless, another aspect of your purchase further protects you from purchasing an overpriced home. Called an “appraisal,” it’s a required step in the mortgage approval process. Your mortgage lender, who is putting up the majority share of the purchase price, also wants to be sure the home is not priced above the market.Thus, the lender asks a licensed appraiser to determine the home’s value for the record. If the appraised value does not at least meet the purchase price, the lender may not approve the loan or, at the very least, may ask for a higher down payment.

As the buyer, however, it’s easy to spot the overpriced homes. They are the ones that have been on the market for some time – but remain unsold.
Residential Homes, Condos and Land
Waterfront and Golf Course Communities
in Martin and Saint Lucie Counties

Martin County Residential Market Update

08.15.09 by

Below are the latest charts for Martin County Residential (Single Family) real estate statistics as reported by the Realtor Association of Martin County.

The Definition of Absorption Rate:
Number of weeks it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. The absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.

Our inventory continues to decline and prices have leveled off and in certain isolated neighborhoods have begun to rise. We may very well be past the bottom. Careful monitoring of future trend data will give us the answers.

the Gabe Sanders real estate team

Stuart Florida Real Estate

Residential Homes, Condos and Land

Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Martin County Condominum Market Update

08.15.09 by

Below are the latest charts for Martin County Condominium real estate statistics as reported by the Realtor Association of Martin County.

The Definition of Absorption Rate:
Number of weeks it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. The absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.

The condo situation is a bit more complex in Martin County as we have a wide array of products available. Median prices show a slight uptick this past month, due mainly to the sale of some upper-end Ocean Front units. Overall, the inventory remains quite high and the seasonal slowdown in sales has begun. While the trend is definitely positive, we feel that this market continues to be in some difficulty.

the Gabe Sanders real estate team

Stuart Florida Real Estate

Residential Homes, Condos and Land

Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Short Sales

05.02.09 by

In areas where home prices have significantly declined, some owners find themselves strapped with mortgages that total more than their home’s value. When options such as extending the term of the loan or negotiating a lower interest rate have been exhausted, then a short sale may provide the solution.

However, short sales are complicated, requiring approval from a number of parties, so you need the representation of a professional to make sure the transaction moves quickly. You can have more than half of the paperwork done before that first offer even comes in.

Most lenders require an application package to be completed by the sellers, including a financial worksheet, as well as a letter of hardship explaining why the owners cannot continue to pay the mortgage. The real estate agent can also help with other aspects of the required paperwork, which should be assembled before the property is listed.

While the bank may be willing in such cases to accept less than the mortgage balance, the buyer’s offer must still reflect a fair price under current market conditions, so be sure to consult with an agent in order to arrive at a reasonable price that will be accepted by all parties, including the lender.

Short sales may not be easy, but they do provide an “exit strategy” for homeowners most in need of a solution.

If you’re interested in pursuing a short sale as either a seller or a buyer, your odds are greatly improved with agents that have an intimate knowledge of the process and a successful track record with short sales. Give us a call at (772) 323-6996 or visit us on the web at www.GabeSanders.com or www.TreasureCoastFLHomes.com. Our office is located at 2391 SE Ocean Blvd. in Stuart, Florida; please ask for Gabe Sanders.