Posts Tagged ‘real estate’

Jupiter One Real Estate | TownHomes for Sale | Jupiter Real Estate

May 25th, 2011

Jupiter is an area consisting mainly of single family homes and oceanfront condominiums. Townhouses, like the 128 units in Jupiter One, are rather rare and a location close to the ocean is even rarer.

Jupiter One Townhomes online now. All listings & Sold Statistics!

The design of the community is one that was quite popular several years ago with 4 units per building, each with its own entrance and patio. Community amenities include a pool and tennis courts.

Townhouses in Jupiter One are located about 2 blocks from the famous Jupiter beaches and near a section which is “dog friendly” which means the family pet can join you on the sand. Jupiter One is also located near US One, the main artery for north/south traffic so you can head north less than 5 minutes to Jupiter attractions or south to Palm Beach Gardens.

You might consider a townhouse here as a starter home or if you have small children. All the schools are “A” rated and Jupiter Elementary, Middle and High Schools are within a short drive. The central location also means that many Jupiter public facilities are very close. The Post Office, the Jupiter Medical Center and attending physician’s offices, the Public Library, the Town Hall, Jupiter Community Center and the North County Aquatic Center are just over the Indiantown Road Bridge. And you can access the other public facilities at Abacoa like the Town Center and Roger Dean Stadium within 10 minutes. The real treat though is living so close to our beaches.

Starting in the north, you have the famous Jupiter Inlet with its 150 year old working Lighthouse. Across from the Lighthouse is Dubois Park, always a family favorite, the Inlet Park with oceanfront beaches and just a little further south is Carlin Park with its oceanfront pavilions, amphitheater and guarded beach.

Jupiter One Townhomes

 

Juno Ocean Club Condos

May 25th, 2011

Juno Ocean Club Condos

Juno Beach is a beach lovers’ paradise. Here, just south of Jupiter, fisherman, beach combers and surfers gather because the fishing is great, the waves are great and the beaches are wide, clean and free.

Juno Ocean Club Condos Listings & Sold Statistics!

 

Juno Ocean Club Condos People also move to Juno Beach because unlike Jupiter the condos are located right on the beach with ocean views. Most are only two or three stories, but the Juno Ocean Club is twelve stories and offers unparalleled views of the ocean, the beaches and the natural preserve areas that make Juno Beach so distinctive and appealing.

Built in 1982, these two bedroom, two bath units offer between 1,300 and 1,400 square feet of living space with 6 units per floor in the building. From the top floor you can see south all the way to Singer Island. The lobby and club room have marble floors and there is an oceanside heated pool. Most of the units have been updated with hardwood or stone floors, stainless appliances, hurricane shutters and stainless steel appliances.

Juno Beach is home to the Loggerhead Marinelife Center where injured sea turtles are rehabilitated and returned to the wild. It is always a popular attraction as are the night trips along the beach to watch the turtles return to the beach to nest. It is also home to the Juno Beach Pier where fishermen gather to catch large snook, migrating cobia and seasonal bluefish. Those that like fishing from shore will find the pompano fishing here great and the fish are some of the tastiest around. Like to surf or kite board? The waves are always great and surfing near the pier always draws crowds and competition.

Jupiter and its famous Lighthouse and Inlet are only about 5 minutes to the north and here you can dine along the waterfront while watching the 150 year old Lighthouse in action.

Juno Ocean Club Condos

Can You Be Objective??? | Part 2

March 1st, 2011

In my last post I stressed the use of an objective, third-party professional when going through the emotional stress of selling your home in this turbulent market. Now I want to reinforce the point with a couple of examples ‘ripped from the headlines’, as TV used to describe the Law & Order show.

I recently was at an event at the local Board of Realtors where a local real estate attorney and a local home inspector were part of the panel of experts. Both of these men had years of experience and great reputations. Eventually, the conversation made its way to the use of professionals to handle matters objectively.

I was surprised when the attorney, who owns property in Florida and New York and is licensed to practice in both states, said that whenever he buys or sells, he hires a lawyer. I believe the phrase he used was that he “sought local counsel”. Why? Simple, he can’t be as objective as a third party.

Then the home inspector joined in by saying he, too, had employed another inspector to go through his house when he sold it? Why? Simple, he can’t be as objective as a third party.

So if these professionals are hiring someone else to do something for them where an objective third party opinion is critical, doesn’t it make sense for you to do likewise? Can you be objective???

The use of a third party can remove all of the emotion which clouds your thinking and reasoning. Selling a home is a highly-charged, emotional experience where large sums of money are involved, so naturally tensions run high. The use of a professional real estate agent can temper the stress and help you get your home sold quickly and smoothly.

Can You Be Objective??? | Part 1

February 27th, 2011

When preparing to sell something, the use of an objective and informed third party is always the best idea. The reasons are simple. First, there is no emotional attachment to the item(s) which can cloud your perspective on the true value. Second, a seasoned professional deals in these items regularly and sees them only in terms of their relationship to other similar items currently on the market.

Now, let’s talk real estate. Can you be objective???

Selling a house can be a difficult event. If the move is involuntary (like getting transferred with your company), there is the “But I don’t want to move!” emotion. You will have to leave all your familiar surroundings, friends, and historical reference points and adapt to another town. Similar to a child leaving home, you have so many emotional attachments it’s hard to view the situation objectively. If it’s a voluntary move, you may need all the financial freedom as quickly as possible to expedite your relocation. This is why you need a professional real estate agent.

I often say that picking an agent to work with is just like picking a doctor. In addition to professional prowess, bedside manner is critical during emotionally charged events. My dad uses a medical specialist who has all the pedigrees in the world but fails to exhibit the needed empathy a patient needs. And you need an agent who will “give it to me straight”.

So when selling your home, the idea that you built those really nice shelves in the garage or you installed Berber carpet in the guest room is inconsequential. And overpricing is something to be avoided at all costs. So use a professional real estate agent.

A professional sees homes for sale all the time and is not emotionally attached to them. They can see your home for exactly what it is…a box of blocks with a roof, and maybe a view. And let them help you get the home priced correctly from the start when most showing activity occurs. Cut the emotional strings and your home selling experience will be much smoother and stress free.

BPO | What Is Your House Really Worth?

January 28th, 2011

With all the talk these days about foreclosures, short sales and distressed properties, some new terms are coming into usage. We hear phrases like ‘robo-signers’, ‘fuzzy title’, and the ‘BPO’. So what is a BPO and how is it different from an appraisal? What is your house really worth?

In a typical residential real estate transaction involving a lender, in order to ensure that the loan is protected by sufficient collateral (the house), a certified, residential appraiser is hired to conduct this appraisal. Before the financial meltdown, lenders would use local appraisers who knew the local market. Now, appraisals are farmed out to large companies and a property could be appraised by an out-of-town appraiser who may not be aware of trends in the local marketplace.

This appraiser would make an appointment, examine the house, take pictures, measure everything then return to their office where “comps” (comparable recent sales) would be pulled from the MLS records. Looking for properties that most nearly matched the subject property, the appraiser would then make adjustments to the value of the subject property, up or down, depending upon the relative difference between the properties.

For example, if a comp had a pool and the subject property doesn’t, the value of the subject would be adjusted to compensate for this. The idea is to eventually arrive at a specific dollar value that could be attached to the subject home. Then the lender would know how much money they could lend, say 80% of the value. These appraisals typically took a couple of days and cost a couple of hundred dollars.

Now, with the glut of distressed properties lenders need to process, they had to invent another way to value them…and quickly. What used to be called a ‘windshield appraisal’ is now called a BPO, or Broker’s Price Opinion. They are quick, fairly accurate, and cheap.

A professional real estate agent drives to a property, takes a look, then gives the lender a Price Opinion. Now the lender at least has a professional’s opinion of what the subject property is worth and can proceed with the paperwork. While a BPO may not give an exact value, it does provide the lender with a safety net of approximate value.