Great Deals on Pompano Beach Luxury Condos for Sale
If you are searching for a luxury condo in the Pompano Beach area, there may not be a better time to be searching. You can search for Pompano Beach Luxury Condos for sale by clicking the links below!! Pompano Beach is becoming a very (inexpensive) modern city with a lot of new construction in the Beach area, including new reastaurants, shops, retail space, a new Pier, new parking garage, and other new improvements in the area. The condos along the beach area of the City of Pompano Beach offer something for just about everyone, and every budget. This area is located between Fort Lauderdale to the South, and Boca Raton to the North. Whether you are searching for
There are several contingencies in a Real Estate Contract to buy a Florida Condo, and they are all in favor of the Buyer...
The 3 main contingencies the are for the protection of the buyer in a Florida contract to buy a condo are the Inspection, Loan & Appraisal, and Condominium Association Addendum.
This is the Inspection clause of a standard Florida Bar Contract:
PROPERTY INSPECTION; RIGHT TO CANCEL: (a) PROPERTY INSPECTIONS AND RIGHT TO CANCEL: Buyer shall have ______ (if left blank, then 15) days after Effective Date (“Inspection Period”) within which to have such inspections of the Property performed as Buyer shall desire during the Inspection Period. If Buyer determines, in Buyer’s sole discretion, that the
If a Continuing Resolution (CR) to fund the federal government is not passed by Congress and signed by the President by midnight on December 21, 2018, a partial shutdown of some government operations will occur. This partial shutdown would include some federal housing and mortgage programs. The information below is based on NAR staff review of agency contingency plans for the current shutdown and experience with previous shutdowns.
Flood Insurance: An extension of the National Flood Insurance Program (NFIP) is currently attached to the CR. Without an extension, NFIP cannot sell flood insurance policies after midnight on December 21. Existing policies will not be affected until 30 days after their renewal date. Homebuyers will be able to assume existing
If you own or are buying a condo in the Parliament Condo in Pompano Beach, Fl, there was recent changes in the rental Rules & Regulations that you will want to pay attention to.
This was an email that was recently sent out:
_______________________________________________________________________
To All Realtors:
Parliament House has amended their condo docs effective May 25th, 2018.
Below are significant changes that you will need to know for conducting real estate transactions in our building:
1) No unit owner may lease his or her unit during the first 36 months of ownership.
2) All leases must be for a minimum term of 6 months and a maximum of 12 months.
3) The…
Often you may hear that we are in a "Seller's Market" or the there is a "Low Inventory" in your area.
While this may be true in certain areas, the truth is that a large percentage of Sellers are very dissatisfied with the selling process.
In a recent study performed by Zillow, nearly 30% of sellers were unprepared for the length of time it actually takes to sell their homes, and wished that they had started the process sooner.
Additionally, over 75% of sellers reported making unanticipated concessions in the sales process. As you can imagine, the number 1 concession was a reduction in the sales price.
Many of the sellers feel anxiety because of the internet, and their desire to stay on top of things in the
Questions to Ask Your Realtor When Listing Your Condo
By: Melissa & Denise Stewart
When you are talking to a Realtor and trying to decide if you want this Realtor to list your condo, you need to be prepared.
You are actually interviewing the Realtor, just like the Realtor would be interviewed if he or she was going for a job. The bottom line is that you are trusting the Realtor to sell possibly the largest asset you have ever owned, and you have every right to ask questions, and base you decission on how comfortable you feel after you receive your responses.
In no particular order, these are the questions that you need to ask the Realtor that is going to list your condo, and hopefully get adequate responses:
The inventory of condos available for sale is currently down an average of 11% year over year in the top 100 U.S. metropolitan markets—and the conditions limiting home supply are not expected to change in 2017. The median age of inventory, or the time it takes a home to sell, is currently 68 days in the top 100 metros, which is 14%, or 11 days, faster than the national average.
South Florida is a market of its own, and there are several sub-markets in our area. For instance, the market along the ocean seems to attract more cash buyers, so things like appraisals and qualifying buyers are never an issue. Condos in areas where foreigners were buying have slowed to a snail's pace in the last couple of
.jpg)