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Davie, FL Real Estate News

By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
You Can’t Divorce Your Mortgage  Going through a divorce is unpleasant at best, and when there’s a house to “split,” it can get even more unpleasant. You and your soon-to-be ex-spouse may agree on the property division and a court may assign ownership of the house to one of you, but if you have a mortgage and you both signed, you’re both still liable for the payments. As you might expect, the bank has no interest in your divorce, and no desire to simply let one of you “off the hook” for the payments. For them, the more people responsible, the better. That means you’re financially tied together until the house is either sold or refinanced by the person in possession. If it took two incomes to qualify in the first place, keeping the house may not be an option. More troubling to some is th...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Home Warranties A Smart Move for Davie Buyers and Sellers  Before purchasing a home today, most Davie buyers have a home inspection. The inspector alerts them to issues he or she can see or determine through testing. The buyer and seller re-negotiate if the inspector notes that the roof, or the heating or cooling system is of an age or condition where it might be expected to fail within a short time, or if there are structural or safety issues. This inspection is a useful tool to prevent buyers from purchasing a “money pit” that might drain their resources in the coming years. But it can only go so far. The fact is, the inspector cannot see and predict everything. The reason appliances are sold with a 1 year manufacturer's warranty is because sometimes even brand new equipment is faulty...
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By Teri Arbogast, Davie, Weston, Plantation Real Estate- Top Realtor, Davie Florida Realtor, Weston, Plantation, Miramar
(TOP 1% of Realtors)
6 Bedroom, 4.5 Bath Phenomenal Pool Home Sells in Riverstone in Davie  A 6 bedroom, 4.5 bath phenomenal pool home sells in Riverstone in Davie!!  This home that has all the extras offers, a flowing layout, a large loft, a den and a full bedroom/bath downstairs!  There is also a gorgeous outdoor resort oasis to enjoy with family and friends with an elegant pergola, summer kitchen, heated salt water pool and fire pit.  There is a big play area that the children will enjoy with plenty of yard to spare.The great schools that the children of Riverstone would attend are:  Country Isle Elementary School, Indian Ridge Middle School and Western High School.Riverstone is located near major highways, great restaurants and shopping, Cleveland Clinic Hospital and some great parks, including Vista Vi...
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By John Meussner, #MortgageMadeEasy Fair Oaks, CA 484-680-4852
(Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI)
Recently Closed - Jumbo Financing in Davie, FL      Back in September, a referral came through for a gentleman in Florida who was renting a home and wanted to purchase a new one in the Fort Lauderdale area where he lived and worked.  The price range in which he wanted to look called for Jumbo financing, so we began to look into his application and available programs & products.      The Jumbo mortgage world presents several unique hurdles that aren't usually present in lower price brackets, and this file had several hurdles to clear.  For one, our borrower had a very unique income structure which had his income varying greatly between W2/salary pay & 1099/ScheduleC pay.  This made things quite difficult as underwriting guidelines typically call for 2 very different sets of documents for...
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By Teri Arbogast, Davie, Weston, Plantation Real Estate- Top Realtor, Davie Florida Realtor, Weston, Plantation, Miramar
(TOP 1% of Realtors)
3/2.5 Single Family Forest Ridge Cluster Home Sells in DavieAn immaculate 3/2.5 single family Forest Ridge cluster home sells in Davie!  This great turn key home features a beautiful white on white kitchen with stainless appliances, a downstairs master bedroom suite, a great community pool and close to a beautiful natural preserve. Forest Ridge is in a great location in the town of Davie! This Davie community is close to major highways, shopping centers, great restaurants and supermarkets.  The great Davie parks that are close by to exercise in or enjoy with the family are: Tree Tops Park, Robbins Park and Vista View park with the beautiful view. The "A" rated Broward County schools that children of Forest Ridge would attend are:  Silver Ridge Elementary School, Indian Ridge Middle Scho...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Lenders Are Getting More Aggressive In The Real Estate Market Of 2017 Anyone who has been keeping in touch with either the local or national housing market trends knows that 2016 was a record year for home sales.  2017 is starting off totally different than the previous year though.  There are many questions as to what kind of Real Estate market 2017 will turn out to be.  Here is an article from Realtor.com that talks about the direction that the 2017 housing market will most likely take.The days of multiple bids and offers that are typically way higher than a home’s asking price—you know, that stuff that we now consider to be normal in the housing biz—aren’t expected to disappear any time soon. But here’s the good news: Things aren’t expected to get too much worse in 2017 either.Rising...
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By Teri Arbogast, Davie, Weston, Plantation Real Estate- Top Realtor, Davie Florida Realtor, Weston, Plantation, Miramar
(TOP 1% of Realtors)
3 Bedroom, 2 Bathroom Calico Country Home for Sale in Davie!An adorable and affordable, 3 bedroom, 2 bathroom Calico Country home for sale in Davie!  This meticulously maintained home, in the heart of Davie, has an upgraded kitchen, terrific open floor plan, a brand new high efficiency air conditioner, a big fenced backyard with lush grass, accordion shutters and a garage door that's rated for storm protection!  It is TURN KEY condition!Calico Country is located close to highways, colleges, shopping, beautiful parks and great golf courses!  The "A" rated Broward county schools that the children of Calico Country would attend are:  Silver Ridge Elementary School, Indian Ridge Middle School and Western High School. If you would like to find homes for sale that are similar to this 3 bedroo...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
More Bank-Owned Homes On The Horizon For Davie  Now, nearly 8 years after the foreclosure crisis began, more than 5 million homes have been lost. In June 2016 the sale of foreclosed properties fell to their lowest levels since 2008, and the foreclosure rate fell to “only” 1.7%. That sounds like the winding-down of the crisis. Unfortunately, a whole new wave of foreclosures is on the horizon. While newer-vintage loans are doing well, it seems that the foreclosure crisis was never solved, it was only deferred. First, the interest-only home equity loans that people took out during the bubble years will re-set, causing dramatic payment increases. TransUnion estimates that as much as $79 billion in home equity loans are at risk of default from this source. Next, the government’s HAMP program...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Before You Go Shopping For That New Davie Home Get Pre-Approved  When you want to purchase a home in Davie, your first step should be meeting with a local lender and getting pre-approved for a loan. This step is important for 3 reasons: 1. You'll know what you can spend. Looking at homes you can't purchase not only wastes your time, it's depressing. And, as many home shoppers have learned, once you switch to homes you can afford, none of them will please you. 2. You'll know if you need to restrict your search to Davie homes that meet certain requirements. VA, FHA, and some regional loan programs have guidelines regarding the homes that will qualify for their financing. 3. When you have a pre-approval letter in hand, it's more likely that your offer will be accepted, or at least consider...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Rules of Etiquette For Home-Hunting In Davie Miss Manners has probably not written a manual on the rules of etiquette for house hunting, but such rules do exist. When you follow them, you'll endear yourself to your own agent, to the agents whose listings you'll view, and to the homeowners you hope will accept your offer on their home.Rule #1: Be on time for your appointment. If something happens that prevents you from being on time – like a wreck blocking the freeway or a flat tire – call! And of course, if you need to cancel, call just as soon as you know that to be a fact. The others, in no particular order: Wipe your feet or use booties that the agent or homeowner supplies. Don't track in dirt! Control your children. If you've brought children along, keep them with you and enforce th...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
What to do with multiple offers on Your Davie Home When you receive multiple offers on your Davie home, you're faced with a choice. You can, of course, reject all of them, but let's assume that you really do want to sell the house, so you're going to either accept or write a counter-offer to one of them. Some might say "Well, take the highest offer, of course." But the truth is, the highest offer isn't always the best offer. It could even be the worst offer. Often that offered price is reduced by a request for you to pay part of the buyer's closing costs, give an allowance for new carpeting, or to make major repairs. As your agent I'll do the math so you can see the net proceeds from each offer. Then there are contingencies. Standard contingencies include the buyer receiving appropriate...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Buying or selling a Davie home in the heat of summer Summer is a wonderful time to purchase a new home in Davie , but it does come with certain hazards. Getting in and out of cars and touring both homes and property can take a heavy toll when the thermometer reads in the 80's, 90's, and 100's. So be prepared:If possible, leave your youngsters at home with a sitter or take them to Grandma's house for the day. The heat will make them cranky and uncomfortable, and that will distract you from really seeing the benefits and features of each home. And of course, your children run the same risk as you of becoming dehydrated. Dehydration can lead to heat stroke, heat exhaustion, and heat cramps – and you don't need any of those. That means, it's important for you to stay hydrated throughout the...
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By Teri Arbogast, Davie, Weston, Plantation Real Estate- Top Realtor, Davie Florida Realtor, Weston, Plantation, Miramar
(TOP 1% of Realtors)
4 Bedroom, 3 Bath Olde Bridge Run Single Family Home For Sale in Davie  A gorgeous 4 bedroom, 3 bath Olde Bridge Run single family home for sale in Davie!  This remodeled home with all of the extras has a huge chef's dream kitchen with custom hardwood, quartz counters and stainless appliances.  There are large bedrooms, designer window treatments, impact doors and windows, a cozy, double sided brick fireplace and upgraded bathrooms!  The backyard is an outdoor oasis with enormous pool, spa, covered patio, summer kitchen and basketball court.  All of this on a private acre lot with peaceful canal.  This home is simply exquisite and waiting for the fussiest buyer.  Olde Bridge Run is close to major highways, tons of restaurants to dine in and great shopping centers, including Sawgrass Mil...
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By Teri Arbogast, Davie, Weston, Plantation Real Estate- Top Realtor, Davie Florida Realtor, Weston, Plantation, Miramar
(TOP 1% of Realtors)
Poinciana Parc's Top Agent SELLS A Beautiful 3/2.5 Townhouse In Davie!  Poinciana Parc's top agent SELLS a beautiful 3/2.5 townhouse in Davie!  This beautiful townhouse with a great layout, an upgraded kitchen, a loft area that is perfect for an office is in a gated community with a community pool.  There is easy access to major highways that will get you to any of South Florida's great attractions and gorgeous beaches!  Poinciana Parc is also close to many great parks, the Sawgrass Mall with tons of restaurants to choose from and the Bank Atlantic Center where you can grab a concert or a hockey game!The great "A" rated schools that the children of Poinciana Parc will attend are Flamingo Elementary School, Indian Ridge Middle School and Western High School!If you would like to find home...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Home Buyers and Sellers Beware Free Can Cost Too Much  If you're thinking of listing your home in Davie or if you're thinking of buying a Davie home, you've no doubt seen offers for free online market evaluations and offers for free mortgage pre-qualifications. While these don't cost you anything in dollars, they can still cost you too much. The price is in time lost and in having unrealistic expectations lodged in your minds.  First the free home evaluations.  While a few might be reasonably accurate, they can be as much as 30 or 40% off – in either direction. If you believe a too high valuation and insist on sticking with it when you offer your Davie home for sale, you're asking for months of frustration and heartache as you wait and hope for a buyer. If you believe a too low valuati...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Does Your Davie Home For Sale Have Good Curb Appeal?  You know first impressions are lasting impressions. When it comes to selling your house in Davie, curb appeal is the first impression, and can make the difference between selling your home and not selling it. The human mind is a complex thing – and it often makes us see what we expect to see. When a buyer sees a well-tended yard and home exterior, they enter the house expecting to see more of the same, and they generally do. When they see an un-tended lawn, weeds, and a torn screen door, they enter the house expecting to see signs of neglect and deferred maintenance – and that's what they see. That means… it pays to spend time making sure your home's curb appeal is the best it can be. With that in mind, here's a check list of tasks t...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Thinking of Buying a Bank-Owned Home in Davie? Even though the bulk of the housing crisis has passed, you'll still find more bank-owned homes than usual for sale across the country. Even in the best of times, there are always a few. Bank-owned homes here in Davie do usually offer good value for the money. The owner wants them sold and has no emotional attachment to prevent reducing the price if they don't sell quickly. Whether they're right for you depends upon whether you're willing to deal with a bit of clean-up, fix-up, and uncertainty. Some banks will do initial cleaning, and some will actually make repairs and other improvements. A few people who lose their homes to foreclosure do consider it a point of honor to leave everything clean and in good condition.   However, when you choo...
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By Teri Arbogast, Davie, Weston, Plantation Real Estate- Top Realtor, Davie Florida Realtor, Weston, Plantation, Miramar
(TOP 1% of Realtors)
5/4 Imagination Farms Single Family Pool Home For Sale In Davie!A great 5/4 Imagination Farms single family pool home for sale in Davie!  This popular Gramercy model in the guard gated community of Imagination Farms, has an open floor plan with a 5th bedroom office. A turn key home with custom built ins, wet bar, 3 air conditioners that are less that 5 years old and a big, bright kitchen with stainless appliances and granite counter-tops.  All of the rooms are large with lots of natural light and the 4th bedroom has private bathroom!  Let's step outside to the outdoor oasis that is complete with a covered patio, huge pool and a fenced acre lot with a lovely view of the lake. The features of this great home include;  Accordion shutters, a child safety fence and garage cabinetry!The "A" r...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Do You Own a Broward County House or Condo That Is or Will Be Vacant? If So… Make sure it’s properly insured. There are many reasons why a house might be vacant, whether for a month or a season. Your house may be vacant because you just moved to a new home and have put it on the market. It might be vacant because you just purchased a vacation home and won’t be moving in for a few months. It could be vacant because you just left on a 3-month round-the-world cruise. It might be vacant because you’re remodeling or renovating and have moved out for the duration. It could be a rental that needs some work before you find a new tenant. You may be the executor of an estate and have a vacant home to sell.  Whatever the reason, if it's vacant, the house is at risk. The perils include: Vandalism. ...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Thinking About Buying Your First Home? If 2017 is the year that you are planning on making a home purchase, the environment is going to be good for doing this.  The following are some guildelines for home purchase that were published in "Realty Times".  Thinking about buying your first home? What an exciting time this is bound to be. And, also, what a (potentially) overwhelming, confusing, and stress-filled time. It can easily veer into scary territory if you're not prepared and not surrounding yourself with professionals who can help guide you in the right direction.These seven tips can help you make that dream of homeownership come true in 2017.1. Work with the right real estate agentThe guy next door or your brother's girlfriend's cousin who just got his real estate license may be hu...
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