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2013 Halloween Harvest Event

2013 Halloween Harvest EventHalloween Harvest 2013

The City of Aventura will hold its annual Halloween Harvest Event on Sunday, October 27, 2013 from 1:00PM – 4:00PM at the Community Recreation Center. Children and their families are encouraged to come in costume and participate in the following:

  • “Pirate’s Life for Me” maze
  • bounce houses
  • Trick or Treat Trail
  • theme based games
  • Scallywag Swag Photo Station.

The Community Recreation Center is located at 3375 NE 188th St. Parking is located at the Harbour Centre on the corner of NE 29th Ave and NE 188th St. Complimentary shuttle service will be provided from 12:45PM – 4:30PM.

For more information, contact the Community Recreation Center at (305) 466-3883 or visit the City’s website at www.cityofaventura.com.

I hope you find this information useful. I’m here to assist you with all your South Florida real estate. Contact me at (305) 329-4929 or solovay.m@ewm.com.

Written by Michael Solovay | Discussion: No Comments »

Make An Offer That Sellers Can’t Refuse

Make An Offer That Sellers Can’t Refuse

NEW YORK – June 13, 2013 – With shrinking inventories, many homebuyers are finding only competitive offers will win them the house they want. A recent article by Kiplinger’s Personal Finance highlighted several ways that homebuyers can make more competitive “irresistible” offers.

1. Be preapproved: About three or four months before home buyers even shop for a home, they should review their credit reports to make sure they’re accurate and take short-term steps to improve their credit score, says Michael Corbett, author of Before You Buy! Corbett says buyers then should get a bank’s preapproval. While that won’t guarantee they’ll get the loan, it shows sellers that a lender has verified the buyer’s income and credit score to determine that she can afford payments on a mortgage for a certain amount.

2. Don’t lowball: Buyers may only get one chance to get the home they want in a competitive market. They may not get a second try to sweeten the deal later, so a lowball offer the first time around could cause them to lose out. Buyers should use sales prices of comparable properties in the neighborhood to submit their best offer the first time around.

3. Consider an escalator clause: These purchase contract clauses are becoming more popular again. This is when the buyer agrees to increase their offer if there’s a higher bid from another buyer.

4. Add earnest money: The extra deposit can show sellers how serious the buyer is. Some buyers may even double the amount that the seller requests to show their commitment in purchasing the home.

5. Keep contingencies to a minimum: Sellers prefer no contingencies, but buyers want to protect their interests too. “Offset a financing contingency with preapproval and a strong earnest money deposit,” Kiplinger’s Personal Finance reports. “If you have enough cash, temper an appraisal contingency by assuring sellers that if the appraisal comes in lower than the purchase price, you’ll pay the difference or split it with them (up to a certain amount).”

6. Write a letter: Personal love letters about the home addressed to the sellers are winning over some hearts lately. The letters tell the seller about the buyer (e.g. “We’re relocating from …”) and what drew the buyer to the home (e.g. “We especially love …”).

Source: “Making an irresistible home offer,” Kiplinger’s Personal Finance (May 31, 2013)

I hope you find this information useful. I’m here to assist you with all your South Florida real estate. Contact me at (305) 329-4929 or solovay.m@ewm.com.

Written by Michael Solovay | Discussion: No Comments »

Six Ways a Home May Turn Off Buyers

Six Ways a Home May Turn Off Buyers

Bankrate.com recently featured a list of the top ways buyers back away from a home listed for sale. Its list includes these items, among others:

1. Dirt: “The No. 1 biggest mistake is not getting the home in the best possible condition. That’s huge,” says Chad Goldwasser of Goldwasser Real Estate in Austin, Texas. “I won’t even represent sellers at this point unless they are fully aware of how important it is to get their home in the absolute best condition that they’ve ever had it in.” Goldwasser suggests also steam-cleaning tile and grout and carpets and replacing carpets if necessary.

2. Odors: “Odors are a big one, especially kitchen odors,” says Julie Dana, co-author of The Complete Idiot’s Guide to Staging Your Home to Sell. “I advise my clients not to cook fried food, fish, or greasy food while the house is on the market. … Interestingly, next to the kitchen, the smelliest room in the house is actually the living room. That’s typically the room that has the most fabric, so that is where odors get absorbed.” She recommends having curtains and upholstery cleaned, particularly if someone in the home is a smoker, and taking steps to eliminate any pet odors.

3. Old fixtures: “You need to change out old fixtures in your house,” Goldwasser says, adding outdated ceiling fans and light fixtures should be replaced prior to listing a home. “New cabinet hardware and doorknobs will probably cost all of $400 or $500, but it makes a huge difference.”

4. Wallpaper: When buyers see wallpaper, they think of another thing to add to their to-do list, says Dana. “Wallpaper is extremely personalized. You’ve spent hours looking over books to pick out the wallpaper you want,” she says. “What are the odds that the person walking in the door will also like that wallpaper that you picked out?”

5. Popcorn acoustic ceilings: These ceiling were popular in the 1960s and 1970s but now can date a home. Still, it can be a mess and costly to remove, so real estate professionals say sellers may need to be prepared to credit a buyer in certain markets if they decide to keep the popcorn ceiling when selling a home.

6. Too many personal items: Cluttered homes make it difficult for buyers to see past the home owner’s belongings and start envisioning themselves there. “Anything that makes your house scream ‘you’ is what you don’t want,” Dana says. “I tell all my clients that how we decorate to live and how we decorate to sell are different, and right now, we’re decorating to sell.”

Source: “10 Ways to Turn Off a Would-Be Homebuyer,” Bankrate.com (June 10, 2013)

I hope you find this information useful. I’m here to assist you with all your South Florida real estate. Contact me at (305) 329-4929 or solovay.m@ewm.com.

Written by Michael Solovay | Discussion: 9 Comments »

Don’t Be Fooled By These 3 Real Estate Myths

Don’t Be Fooled By These 3 Real Estate MythsMyth or Fact

by Brendon DeSimone / Published April 01, 2013 / Zillow

As the real estate market significantly rebounds, some buyers and sellers are dipping their toes in the waters for the first time. Inevitably, they come into the market with assumptions about how it works.

Their assumptions may come from TV reality shows or watching their parents’ house-hunting experiences. Maybe they’ve learned about real estate from a co-worker’s recent home buying or selling experience. The trouble is, the new buyer or seller’s assumptions are sometimes based on outdated or generalized “real estate myths.” Here are three such myths that many less-seasoned home buyers and sellers assume are true.

Myth No. 1: Spring is the best time to sell a home

Historically, real estate seasons were tied to summer and the end of the school year. Families were the typical buyers or sellers, and they wanted to move during the summer so their kids could start anew in September. That’s how spring became the prime selling season. It’s true there are still more homes for sale in the spring, which means there’s a lot of activity and buzz. But spring isn’t necessarily the best time to sell a home anymore.

The reality: The best time to sell is during the holidays and right after

Today, more than half of buyers aren’t married, and their decisions aren’t based upon school schedules. So spring isn’t as relevant as it used to be. Instead, the best time to sell a home is in November, December and January.

It’s a supply-and-demand issue. Most sellers assume buyers aren’t seriously looking during this prolonged holiday season. And yet, many buyers are looking at properties in person and online right up until Christmas Eve. If the right home goes on the market in mid-December, a serious buyer — and there will be a lot of them — will take note.

After New Year’s Eve, most buyers jump back into their routine with a resolve to get into the real estate market, even though many sellers wouldn’t even consider listing in January. The net effect: Savvy sellers will face less competition for a still-strong pool of buyers during this period. And that makes November-January a great time to sell.

Myth No. 2: Always start with your lowest offer

There’s no generalized strategy for making an offer on a home anywhere, ever. A seller could have overpriced or underpriced the home on purpose. Some markets may be more competitive than others. But, somehow, in the back of the buyer’s head Read the rest of this entry »

Written by Michael Solovay | Discussion: 1 Comment »

Presenting Golden Pointe Townhomes at The Waterways

Presenting Golden Pointe Townhomes at The Waterways Just Listed

This 4 bedroom, 3 bath, waterfront residence has 2,180 square feet of living space plus a 1 car garage. This well maintained, 2 story property, has a private elevator installed by the current owner, a custom designed kitchen with granite counters, a formal dining room and hurricane shutters. The floor plan is unique and has 1 bedroom on the main level and 3 bedrooms on the second floor. The community offers 24 hour manned security gate and a heated swimming pool. Golden Pointe residents have access to the tennis courts and use of the Spa facilities at The Point for an annual fee of $1,983.

Property Tour: 3788 NE 209th Te, Aventura, FL  33180

To view a tour of this property just click on START TOUR below:

This is a rare opportunity to own a waterfront townhome in this upgraded community in Aventura. For more information on this or any other South Florida real estate information contact me at (305) 329-4929 or solovay.m@ewm.com.

Written by Michael Solovay | Discussion: No Comments »

South Florida’s Next Condo Boom – Sunny Isles Beach

South Florida’s Next Condo Boom – Sunny Isles BeachSunny Isles Beach FL

According to the Miami Herald, Sunny Isles Beach, a city created only 15 years ago on a stretch of beach that was dominated by theme-oriented boutique hotels built in the 1950s, is emerging as the epicenter of South Florida’s next condo boom.

Developers are proceeding with at least six condo towers with at least 530 luxury units to be constructed in a community that stretches less than 40 blocks along Collins Avenue.  The number of proposed new condo towers in Sunny Isles Beach is expected to increase in the upcoming months as developers have recently purchased an additional four condo sites.

Unlike the last South Florida condo boom, lenders are not yet willing to finance condo construction projects, thereby forcing developers to build using their own money combined with payments from contracted buyers.

The city of Sunny Isles Beach could see its total number of condos increase by more than 1,200 units with the latest boom.

Read more here: http://www.miamiherald.com/2012/07/22/v-fullstory/2907525/sunny-isles-beach-emerging-as.html#storylink=cpy#storylink=cpy

I hope this information is useful to you. Please contact me for all your South Florida real estate needs at (305) 329-4929 or solovay.m@ewm.com.

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 solovay.m@ewm.com.

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 solovay.m@ewm.com.

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 solovay.m@ewm.com.

Written by Michael Solovay | Discussion: No Comments »

For Sale: One Island Place Condominium

For Sale: One Island Place Condominium

Property Address: 3801 NE 207th St, Unit 902, Aventura, FL 33180

Price: $689,900.00

Maintenance Fee: $1,529.00/month

[youtube]http://www.youtube.com/watch?v=6Ta3qLd1j9s&feature=colike[/youtube]

This condominium located in the City of Aventura, FL, features 2 bedrooms plus a den, which can easily serve as a third bedroom, and 2 1/2 baths, in 2,370 sq ft of living space.  When you take the private elevator to the 9th floor and step into your own foyer the residence’s double doors open to reveal a luxurious and relaxed ambiance with stunning views of the Intracoastal and ocean.  An air of refined elegance is evident in all of the condominium’s interior spaces.  Sand colored ceramic tile floors and harmonizing couches and tables complement the surrounding blue skies and water.  The sizable center island kitchen features a Sub-zero refrigerator, Thermador appliances and Poggenpohl cabinetry.

Impressive amenities include:

  • 2 garage parking spaces
  • valet parking
  • 24-hr security gate
  • 24-hr lobby attendant
  • 2 heated swimming pools
  • fitness center
  • 2 tennis courts

This fully furnished residence, with 628 sq ft wrap around balcony and unparalleled water views, is a total stand out.

For more information or to schedule a private showing please contact me at (305) 329-4929 or solovay.m@ewm.com.

Written by Michael Solovay | Discussion: No Comments »

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