Found 9 blog entries tagged as short sales.

2-story single family courtyard estate home listed for sale in central Boca Raton. Built in 2003, this custom home features 6 bedrooms, 7 ½ baths, 3-car garage and a private in-ground heated swimming pool. This home is located in the Boca Hamlet subdivision of Montoya Circle.

Flics Courtyard 

Beautifully laid out, this quality home has plenty of room for indoor and outdoor entertaining. The formal living room with fireplace is truly impressive. The kosher chef’s kitchen includes a six-burner gas range, three ovens, two microwaves, two dishwashers, warming drawers, granite counter tops, granite prep island and much more.

The master suite with its magnificent master bathroom and massive walk-in closet is located on the first floor along with the study, media…

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You will not believe this amazing new deal in Long Lake Estates that was just listed with Boca Expert Realty! This is a short sale -- pre-approved by the lender!

Come and check out  the nearly 4,000 square feet of living space on a lush 1.17 acre where this fantastic home with endless possibilities is located.  The spacious home features six bedrooms, including a sizable master suite and a private two-bedroom guest suite with a separate entrance. The home’s various bedrooms can be used and configured in a multitude of ways to fit you and your family’s specific needs. You will also find  a huge pool and patio, a large, eat-in kitchen, modern appliances, and a three car garage!

 


One of Boca Raton’s premier gated communities, Long Lake…

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Gloria listed this property in Montoya Estates in the Montoya Circle neighborhood in Boca Raton. It is a three bedroom home with a garage which was converted to a fourth bedroom. It is in a great location walking distance to Boca Raton Synagogue. The house just sold for $245,000 in a short sale. Although the seller purchased the house in 1993 for $118,000, they had refinanced when values were higher and subsequently were upside down on their mortgage and had to seek bank approval to sell their home for less than the current mortgage balance. These happy buyers got a gem of a deal for Boca Raton real estate in a fantastic location!
This Boca Raton short sale took five months from the time the short sale package was submitted to the bank to the short sale…

2682 Views, 3 Comments

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SHORT SALE JUST SOLD IN TIVOLI RESERVE!!!!

Gloria listed this fabulous 4 bedroom home in Tivoli Reserve in Boynton Beach on July 20th, 2010. Tivoli Reserve is a very popular active adult (55+) community in a great location of Boynton Beach. This was a short sale and it really moved fast. The lucky buyers got a great deal on a fabulous upgraded Roma model that featured a stunning gourmet kitchen, spacious master suite, and gorgeous back patio area with a tranquil pool and spa. The satisfied seller is very happy to have sold so quickly in this market. The seller purchased this home brand new from the developers in 2003 for $401,696. The new owners just paid $350,000. If you are interested in selling your house, and you are also underwater…

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Terrific Short Sale Opportunity in Sierra Del Mar in Boca Raton! This prime Boca Raton Real Estate is located in A+ school district; Del Prado Elementary, Omni MS, and Spanish River HS. This private, 2 bedroom villa has a fenced in backyard patio, a spacious master bedroom with his/her closets and an updated kitchen that features maple wood cabinetry and a granite counter top. The spacious sunken living room has soaring cathedral ceilings and a custom mosaic fireplace as its focal point. The private backyard and patio has an in ground jacuzzi/spa and is surrounded by lush landscape and a fence. Just beyond the fence is a beautiful park and lake with walking/jogging trails. This Boca Raton home is close walking distance to worship, shops, and…

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house in broken sound 

I just sold this gorgeous courtyard home in the Courtside subdivision of Broken Sound Country Club. For those of you who don't know the lingo, a Courtyard Home is one in which the swimming pool and patio are in the front of the house. You usually enter through the entrance doors into a courtyard and then the front door of the house is through the courtyard. Many courtyard homes in Boca Raton have detached guest houses as well.

 

This stunning home in Broken Sound Club has four bedrooms and four baths in the main house, in addition to a one bedroom suite guest houses. It has beautiful Brazilian wood floors throughout, and over 3400 square feet in total. 

Broken Sound Club is an equity country club in a fabulous central Boca Raton location. 

This was…

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With short sales making up over twenty percent of all Boca Raton real estate listings, and over thirty percent of those listings under $400,000, it is time to answer some commonly held questions and misperceptions about short sales.

SHORT SALE MYTH #1: Short sales take 9-12 months and do not get approved.

This is the most difficult part of a short sale process for both buyers and sellers. The lenders are slammed with files and do not always respond promptly. And it is true that the lender will not look at a file without an executed purchase contract. However, I am finding that the process is becoming more streamlined and it is possible to get a response in a more timely manner. The average process is as follows:  Once there is an executed contract…

2067 Views, 1 Comments

I have been spending some time examining the Boca Raton real estate market and the underlying statistics of what is happening in our area. I think it's important to discuss the market in terms of price bands, as we have a wide range of inventory and price ranges in our local market. As an example, I have analyzed the current situation for single family homes in Boca Raton, in various price ranges. Check out this chart below:

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What is most interesting to me is that the number of months of inventory for homes priced between $750,000 and $999,999 is a whopping 92 months! Only two homes in this price range sold in February 2010 out of 193 listings! Not that it's so great for homes over a million, but they are actually faring better, with 45 months supply.…

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 Check out this baby just sold by Karen Rothstein!!

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I am pleased to announce that Karen Rothstein, one of my buyer's specialists, has successfully closed on a short sale for her investor buyer.

The property is a single family five bedroom, three bath pool home in Tropic Palms in Delray Beach. It is a waterfront property with a beautiful view and dock with access to Lake Ida and Lake Eden.

The house closed for $279,000 in a short sale where the lender accepted a lower price in lieu of having to foreclose on the property. This house sold to the previous owner for $735,000 in December of 2005! It is a great property and our buyer was able to pick this house up for a great price!

I am proud to say that Karen Rothstein is a great Buyer's Agent, she…

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