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Archive for the 'Aventura' Category

How Much Is Your Home Worth?

How Much Is Your Home Worth?

An accurate assessment of your home’s value is an important first step in selling your house quickly and for a fair price.

There are several ways to determine your home’s value:

  • Comparative Market Analysis
  • Appraisal


Contact  me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Brazilian Buyers Continue Sales Spree in Miami

Brazilian Buyers Continue Sales Spree in Miami

Visit msnbc.com for breaking news, world news, and news about the economy

Please contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

5 Things That Can Go Wrong with Your Real Estate Transaction

Be Prepared: 5 Things That Can Go Wrong with Your Real Estate TransactionWhat Can Go Wrong?

Buying a home is one of the most exciting times of a person’s life. However, it’s important to realize that any real estate transaction is a very intricate process fraught with many pitfalls along the way. As Lexington, Mass.-based REALTOR® Kristin Brown Orr explains, “Every sale is different, with different buyers, different sellers, and different intermediaries. It’s no wonder people find the process so daunting with all of its legalities, documentation, and fine print.”

According to Orr, the more buyers understand the potential problems that can occur when buying a home, the more prepared they will be to protect their interests. To that end, Orr highlights five problems homebuyers need to be aware of…along with potential solutions:

  • Failed home inspection. If the home you are buying does not fair well upon inspection due to health or safety concerns like mold, radon, faulty electrical systems, or structural problems, the seller should fix these issues or extend you a credit or discount in the sale price so that you can have them fixed. If he refuses to do so, you have the right to back out of the sale and search for a new home.
  • Seller is poorly motivated to sell. If a seller’s heart is not in a sale, he might be prone to missing or canceling appraisals and inspections – all of which could threaten your purchase.
  • Seller hasn’t found a new home to move into. If a seller has trouble finding a replacement property and refuses to consider temporary arrangements, you might find yourself in a tricky timing situation – particularly if you have a closing date on the home you are leaving. Are you prepared to wait it out in temporary housing while you wait for the seller to move out?
  • Title issues. If your seller owes money on the property you are buying, either for repayment of a debt, failure to pay taxes, or because money is owed for repairs or work done on the property, creditors with an interest in that property may take out a lien, rendering the seller unable to sell until those debts are repaid. In the meantime, you won’t be able to make the purchase.
  • Failure of the seller to make agreed upon repairs. If the seller has contractually promised to deliver the property to you in a certain condition and fails to deliver, you have the right to terminate the contract and back out of the sale if you are not prepared to accept the property as is. An alternative to this situation is to talk to your attorney about either requesting a sum of money to do the fixes yourself, or request a hold back.

“The concerns listed above may seem gloomy, but it’s important to remember that most real estate transactions wrap up smoothly,” says Orr. “Being educated about the potential pitfalls will simply give you a leg up on any problems that may arise. Do your homework and beware of risks. Keep informed in order to safeguard against anything within your control and keep a watchful eye so that if something does go wrong, you can address it immediately and land yourself the home of your dreams.”

I hope this information is useful to you. Please contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: 24 Comments »

Just Listed: 3610 Yacht Club Dr, Apt 411, Aventura, FL 33180

Just Listed: 3610 Yacht Club Dr, Apt 411, Aventura, FL 33180

$259,900

This property is located in the Portsview at The Waterways condominium in Aventura.

Features of this property include:

  • 2 bedrooms 2 bathrooms
  • 1,187 sq ft of living space
  • ceramic tile floors
  • California closet built-ins
  • stainless steel appliances
  • updated kitchen cabinets
  • crown moldings
  • smooth ceilings
  • full size washer/dryer
  • 1-assigned garage parking space
  • storage locker

For more information or to schedule a private showing of this property contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: 1 Comment »

News Release: City of Aventura Hurricane Summit

News Release: City of Aventura Hurricane SummitHurricane Preparedness

The City of Aventura is broadcasting the Hurricane Summit on Comcast Channel 77.  The broadcast runs every Sunday, Tuesday and Thursday at 2:00pm and 7:00pm thru November 29, 2012.

This video contains information regarding:

  • hurricane preparedness
  • having your own hurricane plan

All residents are encouraged to watch.

For more information please call the City of Aventura at (305) 466-8930.

For all your South Florida real estate needs please contact me at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Happy Memorial Day!

Happy Memorial Day 2012

Written by Michael Solovay | Discussion: No Comments »

When Is A Good Time To Buy A Home?

When Is A Good Time To Buy A Home?

Realtor:  Maya Paveza

When you’re ready to buy is the right time to buy.

Contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: No Comments »

Is The Housing Market Recovering?

Is The Housing Market Recovering?Housing Market

Realtor.com Real Estate Trend Data – April 2012

National Trends– As the 2012 spring home buying season comes into full swing key indicators continue to suggest the housing market may be at a turning point and headed towards a broad-based recovery. The total US for-sale inventory of single family homes, condos, townhomes and co-ops (SFH/CTHCOPS) now stands at 1.84 million units, down -18.85% in April 2012 compared to a year ago, and well below its peak of 3.10 million units observed in September 2007 when Realtor.com began tracking these data. The median age of the inventory fell by -11.57% on a year-over-year basis, from 95 days in April 2011 to 84 days in April 2012, while the median list price–$191,211—has remained essentially stable for more than a year.

Many Florida markets have cleared out much of their excess inventories and appear to be in recovery mode, while other hard-hit areas – Phoenix and California — show early signs of recovery. However, some Midwest and Northeast markets are losing ground as weak local economies take their toll. Lower inventories, combined with faster moving markets and relatively stable median listing prices are indicative of the kind of balanced housing market that has not been seen in many years.

Read more: Realtor.com Real Estate Trend Data – April 2012 | REALTOR.com® Blogs

Contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: 1 Comment »

3601 NE 207th St, N30, Aventura, FL 33180

3601 NE 207th St, N30, Aventura, FL 33180

FOR SALE: Waterways Marina slip N30 – $149,000

  • 55 foot boat slip
  • dockmaster on-site
  • water included
  • trash pick up included
  • pump out of sewer included
  • electric available

Please contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]


Written by Michael Solovay | Discussion: No Comments »

Aventura Condominium Offers Spectacular Views

Aventura Condominium Offers Spectacular Views

Aventura Condominium Offers Spectacular Views

Please contact me for all your South Florida real estate needs at (305) 329-4929 or [email protected]

Written by Michael Solovay | Discussion: 1 Comment »

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