Parkland Parrot

Parkland Residents Enjoy Farmers Market

What a beautiful day to bring out the family to Parkland Farmer’s Market.  The Farmer’s Market occurs twice per month and is located next to the Equestrian Center.

I took some time away from my real estate schedule to take my niece, Samantha, who enjoyed eating everything from the freshly baked bread, pretzels, to the homemade cupcakes.

The weather was cool, but not too cold.  I strongly suggest that all Parkland residents attend the next Farmer’s Market which will be Sunday, December 20th, from 9:00 a.m. to 1:00 p.m.  Parking is free, and I promise that you and the rest of your family will enjoy!

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 Pine Tree Estates New Listing At 6920 NW 66TH AV

Our New Parkland Listing At: 6920 NW 66TH AV, Parkland, FL 33067

We just listed another gorgeous Parkland North Pine Tree Estates home.  This 4 bedroom/3 bath home on 66th Avenue is priced at $799,900.

The home is located on a private natural preserve and has recently been beautifully renovated.  The lush landscaping and stunning tumble marble driveway leads to a true dream home.

Details:

• New Master Bathroom With Jacuzzi Tub & Marble Floors
• Tumble Marble Driveway Leading To 3-Car Garage
• New Glazed S-Tile Roof
• Limestone Pavered Patio Area Overlooking Natural Preserve
• Coral Stone Fireplace
• New Kitchen With Stainless Steel Appliances & Granite Countertops
• Tray Ceilings
• Crown Molding Throughout Homes & Much More

Please Click Here to view more pictures and complete details

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 Market Update For November 2009

31 Parkland Single Family Sales In November, 2009

There were 31 total single family sales in Parkland ranging from $280,000 to 1.2 million.  13 were Short Sales, 6 Foreclosures, and 12 Regular Sales.  39% of the homes that sold were Regular Sales, and 61% were Distressed Sales.

There were 13 more sales in the month of November than in the month of October, which is great news! Other exciting news is that there were many sales this past month in both Heron Bay and Parkland Golf & Country Club.  16 Sales alone were in Heron Bay, and 6 Sales were in Parkland Golf & Country Club.  These two communities have been affected by Chinese Drywall, and FINALLY both communities are showing signs of life in closed sales!  Both communities offer tremendous amounts of upgrades and resort-style amenities for residents.

With 61% of ALL sales being foreclosures and short sales, this trend will certainly continue into the New Year.  Overall, I am very pleased with an increase in sales for the month of November.  Sales are actually picking up, and I hope this trend continues into 2010!

I Know The Value Of Your Home. Do You?  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 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.

Buyers That Are Prequalified or Preapproved?

Should A Buyer Be Prequalified or Preapproved?

With banks becoming even tighter on their financing criteria, many Parkland sellers and their real estate agents MUST make sure that buyers are truly qualified to purchase a home before entering into a purchase agreement.

Prequalification is the process where a lender or mortgage broker pulls credit and looks at the complete credit report of the borrower, as well as the  buyer’s income and debts.  As a result, a lender will be able to use this pertinent information to determine how much mortgage the potential purchaser can really afford. But, there is no bank accounts or employment verified during the prequalification process.

Preapproval occurs when ALL employment and credit is verified and approved by the lender or mortgage broker.  During the preapproval process, the potential buyer provides more detailed information in order to verify their statements.  After this information is verified, then the mortgage is approved, subject to a home appraisal.  The final loan is approved after the property appraises, and the bank receives all documentation and satisifes the contingencies and conditions of the loan before closing.

It is important for all sellers and Realtors to understand that a prequalification letter does not mean that a buyer is 100% able to purchase the said property.  When receiving offers on our Parkland property listings, we ask that ALL buyers are preapproved for a loan.  I really do not understand why a buyer would not make sure that they are truly approved to purchase a property in a particular price range and understand their exact terms and conditions of the loan.  As a result, the “prequalification letter” is just a piece of paper.  I want the preapproval letter and still have questions from the buyer’s mortgage lender before I even present the offer to my sellers!

The moral of the story is that with the lending institutions tightening their financing criterias, it is essential that all buyers get preapproved before looking at properties or at least before submitting a formal offer!

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.

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.