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Understand Your Options To Avoid Foreclosure

Even though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is decreasing with time (see graph below), that’s little comfort to those individuals who are facing challenges today.If you haven’t taken advantage of the forbearance period, it may be time to research and understand your options. It starts with knowing what foreclosure is. Investopedia defines it like this: “Foreclosure is the legal process by which a lender...

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Reasons You Should Consider Selling This Fall

If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner rather than later. 1. Your House Will Likely Sell Quickly According to the Realtors Confidence Index released by the National Association of Realtors (NAR), homes continue to sell quickly – on average, they’re selling in just 17 days. As a seller, that’s great news for you. Average days on market...

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Condo questions: Is use of our community’s name/logo on a social media page illegal? (FL)

Q: We recently have had a group of residents start a social media site for discussions about life in our community. The page appears to be “official” as it uses our community’s name and logo  Read the Q&A………………………………… Community Associations    

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How condo associations can get construction projects done the right way (FL)

Aristotle said, “Well begun is half done,” and Julie Andrews made the proverb famous when she said it in her 1964 Oscar-winning role as the magical Mary Poppins.  These ageless words of wisdom are especially true for construction projects, particularly those undertaken to restore and repair high-rise condominiums.    Read the entire article………………………………. Community Associations    

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Your Agent Is Key When Pricing Your House [INFOGRAPHIC]

Some Highlights Pricing your house right takes market experience and expertise. To find the best list price, your agent balances current market demand, values of homes in your neighborhood, where prices are headed, and your home’s condition. If you’re ready to sell, don’t guess on the price. Let’s connect today so we price your house to attract multiple offers and maximize your return on investment. Content previously posted on Keeping Current Matters Keeping Current Matters

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With $10M-plus renovation pending, Shoreline Towers owners seek to recall HOA board (FL)

With their homeowners association board poised to embark on a multi-million dollar structural renovation of their aging condominium, some condo owners at Shoreline Towers on Holiday Isle have requested a recall of the entire governing body.   Read the entire article………………………………. Community Associations    

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Key West building official deems condo ‘unfit for human habitation’ (FL)

A New Town condo association had until Friday, Sept. 3 to prove its building is “safe for habitation.” But the city’s building department on Thursday, Sept. 2 issued a petition to declare Santa Maria Condominiums “unfit for human habitation.”   Read the entire article………………………………. Community Associations    

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5 Reasons Today’s Housing Market Is Anything but Normal

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. Here’s the definition of normal from the Merriam-Webster Dictionary: “conforming to a type, standard, or regular pattern: characterized by that which is considered usual, typical, or routine.” Using this definition, here are five housing industry metrics that...

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Rates posted assumes 25% down payment, and an ARM rate first mortgage on a Florida condotel, primary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions
 
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