Image of keys and houseOn October 3, 2015, the rules changed for buyers who need a mortgage to purchase a home. Both buyers and sellers may be impacted by these rule changes because if there is a delay due to the loan documents, the closing and any subsequent closings will be postponed. The desire to have a back to back same day sell/buy closings maybe over owing to due the TRID rule.

The “Truth-in-Lending RESPA (Real Estate Settlement Procedures Act) Integrated Disclosure” Rule or the TRID rule has taken the three previously required mortgage loan disclosure documents and consolidated them into the following two forms: a Loan Estimate (LE) that must be delivered or placed in the mail no later than the third business day after receiving the borrower’s application, and a…

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I thought it would be interesting to analyze the state of the housing market in the Boca area. For the purposes of this analysis, I used single family homes in Boca Raton and Highland Beach for the period of July 1 - September 30, 2015 over $300,000 and broke out the analysis into price bands. I will analyze the condo market in future posts, but I believe that the numbers are comparable.

What do we learn?

The inventory levels are very low. In the price range of $300-500K there is not even a month’s worth of active listings based upon the recent sales. (The number of months of inventory is simply the number of current listings divided by the actual sales per month). As you go up the price ladder, the time on market and inventory supply increases,…

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Tov Charm will soon be adding a new listing to the MLS. This single family home is located in Casa Del Mar in Boca Raton's Del Prado Circle neighborhood, which is at the corner of Palmetto Park Road and Powerline Road. To be listed at $450,000


- 3 bedrooms
- 2.5 bathrooms
- 2495 square feet total, 1895 square feet under air
- Private in-ground pool
- 16 foot vaulted ceilings 
- Eat-in kitchen
- Low HOA fee
- Newer roof
- Newer air conditioning system, hot water heater, and appliances 
- Pull out cabinets in the kitchen
- Granite Counters
- Large laundry room
- 2 car garage
- Walk to Worship

Contact Tov Charm for any questions or showings at (561) 288-0868
Check out Tov's testimonials at:



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This spacious, single family home is located in the centrally located community of Fairfield of Boca Raton, and easy driving distance to many restaurants and shopping locations including the Boca Town Center Mall. With 3 bedrooms, 2 bathrooms, 2 car garage, and a loft, this home boast more than 1900 square feet of under air living space. This home comes equipped with an updated kitchen including granite counters and new wood cabinets, as well as a new roof and new durable fiber cement board exterior.

Contact Tov Charm at (561) 288-0868 for information on Legend Lake or any other communities in the Boca Raton, Delray Beach, Lake Worth,  and Boynton Beach area.


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Located in  Boca Raton, Tov Charm just sold this beautiful partially-upgraded 2 bedroom, 2 bathroom ocean and intracoastal front condo for $265,000. Boca Towers features an exercise room, bike storage, community pool, private beach access and a dock on the intracoastal, all in the man-gated building. With just over 1,000 square feet under air, this condo features a 24-inch saturnia marble floors, granite counter tops, and hurricane impact windows. Boca Towers is located on N. Ocean Blvd, between Spanish River Blvd and Palmetto Park Rd.         

For more information contact Tov Charm at 561-288-0868 or         

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Waking up sweating is not everyone’s definition of a sweet dream. Especially during summertime in South Florida. Air conditioners stop working for a variety of reasons. For new homeowners,  a sudden issue with you’re A/C could be a result of age or general wear and tear, which can easily be missed during an initial home inspection. 

Before it comes time to call a repairman or technician, it can be very beneficial for a homeowner to take a minute and try to determine the cause of the problem. Usually, central air conditioners will stop running due to poor maintenance, which can easily be remedied. For the motivated homeowner, do-it-yourself A/C maintenance can save you valuable time and money. 

But where to begin? Here is a simple checklist on how to…

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There were a total of only 23 closed home sales in the Montoya Circle Boca Raton neighborhood in 2010, comparable to the 24 which closed in 2009. Both these past years saw a decline of the numbers in recent previous years. Of this year’s Montoya Circle sales, six were short sales, and two were bank owned properties. The trend towards lower prices continued, especially in the lower end townhomes and homes in Montoya Estates and Captiva, as there is more supply than demand in the under $400,000 price range. Two homes in Montoya Circle sold for $1,000,000 in the past year, which were the highest priced properties which sold in the neighborhood. The community is characterized by its proximity to the popular Boca Raton Synagogue and continues to…

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buy-vs-rent-home_200The latest rent ratios were released by Moody’s and can be seen in this New York Times article, giving support to the argument that in South Florida at least it is looking like it is more worthwhile to buy than to rent in today’s market of depressed home prices.

The rent ratio is the purchase price of the property divided by the annual cost of renting that property. The premise is that if the ratio is more than 20 (as in New York City for example), it is a better economic decision to rent. When the ratio is less than 15, the advantage tilts to owning. Between 15 and 20 is up in the air, but of course these ratios do not take into consideration potential price appreciation.

Because of the low prices and amazing opportunities in the Boca…

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South Florida home sales are threatened as banks freeze foreclosures

Another snag has hit the already the troubled housing market throughout the US and particularly in South Florida, including the Boca Raton, Delray Beach, Highland Beach and Boynton Beach real estate markets in which our team specializes.
Because of a myriad of legal and paperwork issues, many banks have halted the sales process of their REO (real estate owned) bank owned properties while the investigation into the improper actions takes place. This is leaving many pending sales in limbo, including several pending contracts that we are working with. More banks are threatening to follow suit and freeze their pipeline of foreclosure sales as well.
Many of our clients are investors, and are…

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This is probably the most frequent request I hear when working with a buyer looking for Boca Raton real estate.  Of course I haven’t met anyone who has said, “price doesn’t matter”. The truth of the matter is really quite simple. It’s all inventory whether it is a Boca Raton short sale, Boca Raton Foreclosure or a regular deal (an arm's length transaction between a motivated buyer and seller). What is different about each one of those sales is the process that you undertake to purchase the home.


Yes, it is important to know the difference between a short sale and a foreclosure because since the process is different, a short sale or foreclosure may not be a viable…

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