Blog entries categorized under Hollywood Real Estate
People from all walks of life are asking the question: Is investment real estate for me?
Congratulations on taking the first step of wise investing: ask an expert. I have advised real estate investors for more than a decade. As with any investment of your hard-earned dollars, it is prudent to...
As a tropical paradise, South Florida’s real estate market is counter-cyclical.
For most of the country, real estate sales wind down in the fall while people are busy getting ready for back to school. As the season progresses, the number of listed homes and real estate sales slow to a trickle...
Most residents of Hollywood are very aware of the housing market correction (or crash, depending upon whom you ask) and are watching housing prices closely. We have received many questions about “the bottom” and when our mega buyer’s market will again allow a seller to collect gains on a sale around...
The South Florida real estate market is stabilizing. As a result, we are receiving an increasing number of calls from homeowners revisiting the idea of selling their home for the first time in years. Many of these people have been anxiously watching the market for an opportunity to make a move....
Dear Pink Realtor,We are long-time residents of Hollywood and have been watching the real estate market closely since “the crash” in 2008. After watching the prices drop, it looks like things are picking up. We own our home and believe this is an excellent time to invest in real estate. We...
Dear Pink Realtor,We enjoyed your article in the recent issue of the Hollywood Gazette. I am 88 years old, and my wife is 85 years old. Are we too old to invest in real estate?We own our own home, and we do not want to buy a home or condo. What...
Dear Pink Realtor,When it comes to the market, all everyone seems to be talking about is getting into real estate investing. A friend tells me that I can do a self-directed retirement account and buy rental property myself. Is it true? I don’t know anyone who has done this. I have...
Dear Pink Realtor,
The real estate market has finally turned into a “buyer’s market.” Prices have remained pretty stable the last six months, houses are the most affordable they have been in decades – seeing some good deals out there – and the banks are (finally!) lending to first-time homebuyers again....
Dear Pink Realtor,After years as a single mother I was lucky enough to find a wonderful man. We are married now and have added to our family and are in need of a bigger house. We really want to buy a property but unfortunately my husband has very little credit and...
Dear Pink Realtor,
After searching and searching for a great deal on a house in decent shape and losing out to other buyers “bidding” on a property three different times, I finally got an offer accepted on a foreclosure after submitting a “highest and best” offer $10,000 over the asking price....
Dear Pink Realtor,
Last year, the assessed value of my house was almost double what houses on my street were selling for. My taxes went up, even though the market was way down. This year, my property taxes actually went down as prices are more stable, which was a welcome relief. ...
Dear Pink Realtor,
I need to do a home loan modification, and it is very important to find out my home’s actual value. Can you tell where to go and find out? Sincerely, Looking for the answerDear Looking ,First, I will answer the question you asked, “How do I know what...
Dear Pink Realtor,We just received a “TRIM Notice” from Broward County about our property taxes. It says it is not a bill, but it does show our proposed property taxes. There is a ton of information, most of which makes no sense to me. What is “TRIM” and how can a...
Dear Pink Realtor,After waiting for the market to improve for nearly a year to sell our house, we finally entered into a contract with someone who wanted to buy our home at a fair price. The agent representing the buyer presented us with a “pre-qualification” letter from a lender. Weeks later...
Dear Pink Realtor,
A friend of mine says we can take over abandoned houses in Broward County by moving in and paying the taxes because of a law called adverse possession. It sounds too good to be true, but I Googled it and the opportunity seems legit. If this is legal,...