Parkland Parrot

2 Of Our Parkland Pine Tree Estates Listings Under Contract

We did it again!! This week two of our Parkland Pine Tree Estates listings went under contract.  In recent months, we have seen an increase in buyer activity on our Parkland listings, especially in Pine Tree Estates.  Many buyers are seeing the value in living in a non-association community.  Most of the homes in Pine Tree Estates are on 1.09 acres.

6213 N.W. 63rd Way, Parkland, FL 33067

Our 5/5 home that is approximately 5,200 square feet under air conditioning listed at $899,000 went under contract yesterday.  This home features a new kitchen and bathrooms and a separate guest suite and recreational room. Click Here For More Pictures & Details

5741 N.W. 66th Way, Parkland, FL 33067

After many months of negotiating with SunTrust Bank, we FINALLY received a written approval on our 3+ Acre Pine Tree Estates listing on 66th Way that was listed at $500,000.  This equestrian home features 8 bedrooms, pool, and over 3 acres of land that can be subdivided into 2 parcels.  Click Here For More Pictures & Details

To view more information on Pine Tree Estates as well as see all of the available inventory, please click here.  We will soon be listing a new Pine Tree Estates property, and The Squawk will certainly post on the Parkland Parrot website.  Have a great weekend!

To stay updated with all of the current Parkland real estate home information, receive our blog posts directly to your inbox by subscribing to the squawk.

If you are interested in buying or selling a real estate property in Pine Tree Estates or in another Parkland community, please give us a call at 954-609-0591 or send a note to the squawk.

23 Questions Sellers Must Ask When Interviewing A Realtor

When interviewing any agent to list your home, it is wise to ask questions that will reveal the agent’s ability to successfully accomplish your real estate goals.  Before our team goes on a listing appointment, we email or drop-off a Realtor-Questionnaire that ALL sellers should ask when interviewing the right agent for the job of selling their home.

No matter if the agent is your friend or even an agent that you worked with in the past,  the current market is unlike any other!  As a result, the older agent that sold homes at the height of the market might not truly be the best agent for the job.   Read on … Read the rest of this entry »

50% Reduction In 2009 Taxes For Homeowners Affected By Chinese Drywall

Lori Parrish and Broward County have responded to the recent Chinese Drywall problem that has affected many South Florida residents.  As a result of the damage, the county is reducing the building value of residents with Chinese Drywall in their residents by 50% in order to ensure fair property assessments. Homeowners must provide the necessary documentations in order to receive the reduction.

But, the only way that the county will know that your home has Chinese Drywall is to contact Residential Department Manager Bob Zbikowski by email or at 954.357.5880.

Also, don’t worry if you have not filed by the September 19th deadline, as you can still receive the 50% reduction by the Value Adjustment Board.  You can also reach the Value Adjustment Board via email at: vab@broward.org

I have been keeping a close eye on the Chinese Drywall issue in the City of Parkland and throughout the State of Florida.

Other articles on Chinese Drywall:

• December Chinese Drywall Deadline Fast Approaching
• FEMA Emergency Assistance To Chinese Drywall Victims?
• Finally Good News For WCI Homeowners With Chinese Drywall
• Parkland Chinese Drywall Task Force Established

To stay updated with all of the current Parkland real estate home information, receive our blog posts directly to your inbox by subscribing to the squawk.

If you are interested in buying or selling a real estate property in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.

Could Home Foreclosure Mediation Be Mandatory Soon?

Let’s face it!  You hear on every media outlet that Home Foreclosures are increasing throughout the United States causing homeowners to be forced out of their homes as well as drastically decreasing home values!  A study performed by a Florida Supreme Task force has found that approximately 10.5% of the 3.5 million Florida mortgage loans were in some stage of the foreclosure process.

I just read a great editorial from Florida Trend which highlights Collins Center for Public Policy, which is a research organization affiliated with Florida State University.  The Collins Center is taking the initiative in three circuit court districts, including Miami-Dade, to force lenders to try and mediate and do a loan modification before seeking foreclosure.  The Collins Center Mediation Program  has kept over 1/3 of the distressed foreclosure-bound homeowners in their homes at a modified mortgage payment that they can actually afford!

The Collins Center also arranges meetings with distressed homeowners and local financial counselors to go over all of their options including discussing President Obama’s Hope For Homeowners Program. This month, the Florida Supreme Court is also meeting to decide if mortgage mediation should be required by ALL lenders and making foreclosure the last resort for distressed homeowners.

I wish President Obama and Congress would have passed a bill like this last year.  Foreclosures will continue to negatively affect the economy in 2010.  We can help stop the bleeding, as the Collier Center’s program is not costing any tax payer dollars.  As a result, thousands of homeowners are still in their homes because of this initiative!  Can we get the rest of the counties in Florida, as well as the rest of the country, to FINALLY get on board?  I sure hope so!

To stay updated with all of the current Parkland real estate home information, receive our blog posts directly to your inbox by subscribing to the squawk.

If you are interested in buying or selling a real estate property in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.

Parkland Real Estate Roundup January To Date

Parkland Real Estate Home Market Activity

As we get closer towards the end of the calendar year, I wanted to research what types of homes have been selling in Parkland.  After further research, there have been a total of 274 single family sales year to date.  Among the 274 sales, 107 were distressed sales (Short sales or bank foreclosures), and 167 were regular sales.

It is amazing to believe that distressed sales are becoming even more prevalent in Parkland.  Almost 40% of the total sales were foreclosures or short sales in 2009.  Even in a luxury market like Parkland, distressed sales are going to continue to grow in 2010.

I also researched and found that there are currently 78 pending short sales, and 16 pending bank foreclosures, where potential buyers and sellers are anxiously awaiting approvals from the banks.  There are ONLY 31 pending regular sales awaiting to be closed.

If you have owned a home in Parkland for an extended period of time  and are not in financial distress, it may be a perfect time to list your home on the market.  Many buyers want to close sooner than later and do not wish to experience the long process of purchasing a distressed sale.  Your home may be worth more than you think! You may also be able to take advantage of portability on your taxes to another property.  Please give us a call at 954-609-0591 for a free comparative market analysis.

To stay updated with all of the current Parkland real estate information, receive our blog posts directly to your inbox by subscribing to the squawk.

If you are interested in buying or selling real estate in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.