Real Estate
Admirals Cove is a premium country club community that is considered to be one of the finest and most sought after residential communities in the country. Admirals Cove is perfectly located in the warm and tropical town of Jupiter, Florida. Admirals Cove features some of the finest custom built homes that South Florida has to offer from quaint 2000 square foot golf condos to spacious 15,000 square foot custom built estate homes. Prices for real estate in Admirals Cove range from around $700,000 to over $25,000,000. For detailed information on real estate for sale in Admirals Cove please visit the Admirals Cove real estate blog by Waterfront Properties and Club Communities at the link below.
Mortgage Advice!
Buying a home is one of the most important things a person will ever do in their lifetime and unless you plan on paying cash you will need a home mortgage loan to help you pay for it. So here is a list of five pieces of advice that will help you make it through your home mortgage experience successfully.
1.) Be Sure Your Credit Is Golden: Credit standards are extremely tight currently and so it is very important your credit is as good as it can be. In order for you to get the best possible interest rate for your home loan it is crucial that you are sure your credit is golden and then keep it that way until you close.
2.) Document Your Finances: It is critical that you document your finances because lenders are extremely diligent these days when it comes to underwriting home loans. This is due to new rules and regulations that pressure mortgage lenders to verify borrowers have the ability to repair their loan.
3.) Get Pre-Approved For Your Loan: It is imperative that you get pre-approved for a loan. Not only does this help you better understand what you can afford in a home, most sellers won’t even set up a showing unless you have been pre-approved for a home loan already.
4.) Be Careful Until You Close: You may have been pre-approved for your loan but that does not mean you are sitting pretty. Be sure to follow up with your lender at least once or twice a week until you have closed on your new home. Do not do anything that can affect your credit or your standing with your lender.
5.) Keep Constant Communication Going: It is important that even after you close on your home you keep constant communication going with your lender. Especially if you are struggling to make your payments because there are new programs available for those having trouble paying their mortgage.
These are great pieces of mortgage advice for anyone looking to buy a home not just buyers of the fabulous real estate in Admirals Cove. So please consider sharing this article socially!
Mistakes To Avoid When Buying A Home!
Typically, buying a home is the biggest and most important things a person will ever do in their lifetime. Plus the home buying experience can be one of the most stressful and difficult things you will ever go through. So it is important not to make any mistakes that can make the home buying process any more challenging than it has to be. That is why we have developed a list of the top five biggest mistakes a potential home buying could make.
1.) Hiring The Wrong Real Estate Agent: Using the wrong real estate agent is by far one of the worst mistakes you can make when home buying. You will need to rely on the expertise and experience of your real estate agent throughout the home buying process. So it is vital that you take the time and do your homework when it comes to hiring the right real estate agent for you and your situation.
2.) Getting Too Attached To A Home: I know you are looking for your dream home but in a competitive market you may need to look at several potential options. You might even be forced to put offers in on multiple potential properties before one gets accepted so it is extremely important that you keep an open mind and not get too attached to just one home.
3.) Choosing To Skip The Inspection: Even when a home looks like it is in pristine like new condition it is a very risky mistake to skip the inspection. It is imperative that you hire an experienced and knowledgeable home inspector to go through your potential home with a fine-toothed comb. They are trained to find things you would never be able to or even know to look for.
4.) Putting In Too Many Contingencies: A big mistake that you should avoid making at all costs is overdoing the contingencies in your offer. While there are some acceptable and even recommended contingencies that you should make you need to try and keep them down as much as possible. So be sure and listen to your agent’s advice when it comes to the contingencies you put in your offer.
5.) Not Getting Everything In Writing: Neglecting to get anything and everything in writing is a huge mistake that you should avoid making. You wouldn’t be the first buyer to think the appliances come with the home and then discover they are all gone when you go to move in. Be sure to get anything and everything you can in writing to ensure things end up the way you thought they would.
These are important home buying mistakes to avoid when buying any home not just the luxury real estate in Admirals Cove. So please consider sharing this article socially!
Top Five Home Selling Mistakes To Avoid!
If you want a successful home sale it is important that you avoid making any large home selling mistakes. Many home selling mistakes act just like small bumps in the road but others can act like huge obstacles in your way sometimes even forcing you to take a detour down a different path. So here is a list of the top five home selling mistakes that you should avoid at all costs.
1.) Going It Alone: One of the biggest and worst mistakes that you can do when it comes to selling your home is to try and go it alone. It is imperative that you seek the guidance of a seasoned home selling professional. So unless you are a seasoned pro it is a huge mistake to think that you can successfully go through the home selling process alone.
2.) Emotions: Another huge mistake is to let your emotions get in the way of your home selling. That is why it is so important to dissociate yourself from your home and think of it more as a product to be sold. If you don’t you run the risk of letting your emotions get in the way of your home sale. So be sure you start the home selling experience right by cutting the emotional ties between you and your home.
3.) Neglecting Repairs: Neglecting your home repairs is something you need to avoid as much as possible. If you neglect to fix the repairs in your home potential buyers will wonder how well your home could have actually been maintained if at all. This is an easy way to turn off potential buyers so be sure and do a walk through of your home noting any needed and necessary repairs.
4.) Pricing It Too High: You may believe that you know exactly what your home should be worth. But, the truth of the matter is that your home is only worth what the market is currently willing to pay for it. It is important to put trust in your realtor that they know what this amount is. After all you hired them for their knowledge and experience right.
5.) Skipping The Home Inspection: Generally, it is thought that scheduling a pre-listing home inspection saves people a great deal of time and aggravation down the road. This will allow you to address any potential issues on your time and the way you want. Even if you think your home is in perfect condition a pre-listing inspection will give the confidence of being sure.
These are home selling mistakes that all home sellers should avoid not just the luxury home sellers in Admirals Cove. So please consider sharing socially!
Why Buying A Home Is So Desirable!
Sure, the home buying experience and home ownership itself can have difficulties and maintaining a home isn’t cheap or easy either, but the advantages of homeownership far outweigh the disadvantages. So we have developed a list of what our experts believe the top five advantages are to homeownership and why they make buying a home so desirable.
1.) Building Equity: You will be able to build up equity through paying down your mortgage and through the appreciation of your home. When you rent you are still building equity just for your landlord not yourself. With interest rates still at a decent amount and home values steadily increasing there is no better time than now to buy a home a build equity quickly.
2.) Increased Net Worth: According to the experts a homeowner’s net worth will far exceed that of a person who rents a home even when they have the same monthly income. Your net worth is simply the sum of everything you own subtracted by the sum of everything you owe. So it is simple to see how an increased net worth is so desirable.
3.) Tax Benefits: People who own their home also enjoy many great tax benefits that renters just don’t get to enjoy. Homeowners are afforded some very desirable savings when it comes to both state and federal income taxes. There are a variety of tax deductible expenses associated with a homeownership just ask your friendly neighborhood realtor and you will be pleasantly surprised.
4.) Family Stability: Family stability is extremely central to a healthy and happy lifestyle and even though it is less tangibly than our other advantages, but it is generally far more important to you and your family. Building memories and family traditions is way more easy for a family that owns their home than a family that is renting and is forced to move from home to home more often.
5.) Freedom: One of the most desirable aspects of homeownership is to do what you feel with your home. When you rent a home you typically have very little to no freedom when it comes to decision-making. Owning your own home provides you with the ability to do what you please with your home and live your life the way you want it lived.
These are great reasons that make buying any home so desirable not just the fabulous homes in Admirals Cove. So please consider sharing socially!
The Homebuyer’s Guide!
The home buying process doesn’t need to be a hassle full of stress and anxiety as long as you are adequately prepared for it. There is so much info out there on the home buying process so we have developed a simple homebuyers guide that is sure help you achieve a successful home purchase.
1.) Step One: Check Your Credit Reports – Before you even think about buying a home you need to check your credit reports to ensure you have good enough credit to continue. If you don’t do your best to improve it and then try again. If you do be sure and maintain it until after closing on your home.
2.) Step Two: Get Pre-Approved – Your next step is to find the right mortgage lender for your situation and get pre-approved for a loan. This will help you to better understand what you can afford in a home. Plus most seller’s agents won’t even consider showing a home unless the buyer has been pre-approved for a loan.
3.) Step Three: Hire The Right Realtor – Once you are pre-approved for a mortgage you need to hire a realtor who has experience in the area you want to live. The right realtor is extremely important when it comes to a successful home buying experience so be sure to do your homework and find the perfect one for you.
4.) Step Four: Find Your Dream Home – It is now time for you and your realtor to find your dream home. But remember this won’t happen right away so be patient in your home search. You may need to look at several properties before you find the perfect one to make your dream home.
5.) Step Five: Make The Perfect Offer – Once you have found your dream home it is time for you and your realtor to craft the perfect offer. You want to be sure to make an offer that is low enough where you are happy but not too low that seller wont even consider it.
6.) Step Six: Close On Your New Home – It may take some negotiation first but your next step is to close on your new home. Your closing costs will typically include but are not restricted to your down payment, title fees, inspection fees, appraisal fees, attorney fees, etc.
7.) Step Seven: Move In – After you have closed on your new home and the keys are in your hand your next step is to move in. We recommend that you clean your new home from top to bottom so you can completely start new. Then unpack and start making this property your home.
This homebuyer’s guide is full of information on the home buying process that is great for buying any home not just the luxury real estate in Admirals Cove so please consider sharing this article socially!
Dress Your Home For Success!
The benefits of staging a home to sell are too numerous to count. With the correct staging your home is sure to sell faster and at a higher selling price. So if you are planning to put your home on the market be sure to dress your home for success. By staging your home with the following five tips you will increase its appeal to potential buyers delivering you with a faster and more profitable sale.
1.) Clean It Until It Sparkles: You need to clean, clean again, and then clean it again until it sparkles. From your floors to your ceiling make sure everything is scrubbed down and shinning. You may want to hire a professional for the more difficult stuff like carpets or if you have a really large home.
2.) Create A Desirable Lifestyle: It is imperative that you design your staging to create a desirable lifestyle. Generally speaking, you want to stage a lifestyle that your neighborhood is known for i.e. golfing, tennis, boating, etc. Creating a desirable lifestyle is sure to boost the appeal of your home to potential buyers.
3.) Set Your Dinning Room Table: It is very beneficial to set and style your dining room table, breakfast nook, etc. This means putting out place settings that fit the use of these areas. Plus accents like a newspaper and bowl of fresh fruit for the breakfast nook and a centerpiece and bottle of wine for your dining room table.
4.) Be Sure To Think Seasonally: Be sure to take advantage of the season you are in when staging your home to sell. It is important to design accents that highlight the current season with color, texture, and aroma. This will help increase the appeal of your home and is sure to be effective whatever the season.
5.) Don’t Forget Your Curb Appeal: It is crucial that you don’t forget about your home’s curb appeal. I know, this is a piece of advice you probably hear everywhere. However, unfortunately it still gets overlooked and is therefore included here. So be sure to boost your curb appeal and maintain it.
Dressing your home for success is extremely important when selling any home not just the fabulous real estate in Admirals Cove.
Finding The Right Real Estate Agent For You!
Buying and selling a home is a very complicated and stressful experience that is often the most important process you will ever go through in your lifetime. Chances are you are like any other buyer or seller and want a qualified and experienced real estate agent to help steer you to a successful transaction.
1.) Are You Full-Time Or Part Time? – Due to the fact that the real estate market tends to be a very fast paced and competitive environment it pays off to have a full-time real estate agent there to represent you. You want to be sure that your real estate agent will be there for you whenever you need them to be to ensure your real estate transaction is a complete success.
2.) How Long Have You Been In Real Estate? – This can be tricky due to the fact that more years in real estate does not necessarily equate to a better real estate agent. But sometimes you can learn enough from the way they answer the question to make your decision.
3.) What Is Your Real Estate License? – Finding out what type of real estate license they hold will tell you a lot about them. Real estate licensing is given out at the state level with most states generally offering two types of licenses for sales and broker. A broker’s license necessitates further education and extra testing which shows a deeper commitment to you the client.
4.) Is Your License In Good Standing? – You would think this should be something you don’t need to ask but the truth of the matter is it is important that you do. It is important that you now for sure their real estate license is in good standing and no complaints or lawsuits have been filled against them and be sure you get proof in writing.
5.) How Many Clients Do You Represent? – It is important to find out how many clients your potential agent currently represents. Agents busy with clients tend to be more efficient and successful but watch out for an agent with lots of clients and no recent closings because that could be a red flag.
Winning In A Bidding War!
Buying a home alone is an extremely stressful situation but when you get caught up in a bidding war the stress can be overwhelming. No one wants to think about being faced with a multiple offer situation when trying to buy his or her dream home, but the truth of the matter is that it is a good possibility. The good news is that just because you are in a bidding war doesn’t mean that the only important thing is the bottom line. So we have developed a list of the top five tips and tricks to ensure you come out successful if you find yourself in a bidding war.
1.) Go Into It Prepared: It is very important that you go into this as prepared as possible because there is a good chance you will only get one shot at this. Be sure to use the experience of tried and tested real estate agent to ensure you are as prepared as you possibly can.
2.) Move As Fast As You Can: When competing against multiple offers for a potential home it is important that you move as fast as your situation allows. You need to be ready and act as fast as you can but not faster. Make sure you are completely ready and then act as fast as you can.
3.) Be Sure To Sell Yourself: It is important that you try and sell yourself whenever you find yourself facing multiple offers in a bidding war. Experts recommend that you write a personalized note to incorporate in your offer. Be sure to comment on how much you love the home and what you plan for it.
4.) Reduce Or Eliminate Contingencies: One of the best ways to get your offer noticed and win during a bidding war is to reduce as much as possible or eliminate any contingencies. Be sure to talk with your real estate agent to figure out what contingencies you can get rid of to make your offer more appealing.
5.) If You Can Offer Cash: If you can, the best trick in a bidding war is to offer cash for the home. A cash offer makes the selling process so much quicker and easier for the seller and will make your offer that much more appealing. If you can’t offer a full cash offer try to make as large of a down payment that you can.
Curb Appeal!
What is curb appeal? While this term encompasses a variety of aspects it is essentially the way a home is seen from the street. A home’s curb appeal will either help or hinder its value, and therefore needs to be handled and cared for carefully and correctly. The right curb appeal embraces everything from your front door to your mailbox and with a little faith these following tips will transform your curb appeal and improve the value of your home.
1.) Freshen Up Your Front Door: A great place to start when it comes to improving your home’s curb appeal is to freshen up your front door. Your front door will say a lot about your home and you want to be sure that it is making a great impression. However, you don’t necessarily need to go out and buy a new one sometimes a fresh pant job can have a similar effect.
2.) Decorate Your Entry In Seasonal Style: Another great idea for improving your curb appeal is to decorate and design your entry in seasonal style. This will help you create a very warm and welcoming feeling around your entry which will develop some really desirable curb appeal for your home.
3.) Try Utilizing Planters And Containers: When your landscaping needs some upgrading consider utilizing a few planters and containers to really deliver a punch. With some strategic placement and the right flowers you can really deliver some fantastic curb appeal to your home.
4.) Highlight Your Address: Highlight your address and blend utility with personality. Your house numbers can do so much more than just let people know what your address is. With a little imagination they can really add some appeal to your home. There are a variety of ways to spruce up and highlight your address from the place you put them to the materials and colors you use.
5.) Give Your Mailbox A Makeover: You may not know it but a mailbox is what often helps develop the first impression people have about a home. It can either extend a warm and welcoming feeling or be a cold and unfriendly eye sore that detracts from your home’s curb appeal.Be sure to give your mailbox a makeover so that it is promoting the right impression.
Should You Hire A Real Estate Attorney?
It doesn’t matter whether you are buying or selling a home it is important to include a real estate attorney in your team of consultants and advisers. Your realtor can do a lot of things when it comes to advising you on market conditions and helping with finding the right home or buyer for your home and will be key during negotiations. But a real estate lawyer can help ensure that your rights are protected through every step of the buying or selling process. When dealing with the sale or purchase of something so big, expensive, and complicated like a home complex legal situations are bound to pop up and it is important to protect your self with a real estate attorney.
You are probably wondering at this point how much a real estate attorney’s fee would cost you. Well, typically their legal fees will be a bit higher if you are a buyer rather than a seller due to the fact that as a buyer’s attorney their responsibilities will be much more extensive. However, generally most fees will run you between $500 and $1,500 for a typical transaction whether you are the buyer or the seller.
Usually, a real estate attorney can easily provide you with an estimate of their costs related to an average real estate transaction but if things go wrong you can expect their fees to go way up. It is also important to understand that your real estate attorney’s role can be as limited or broad as you require.
Now not all real estate transactions are going to necessitate the use of a real estate attorney. But if you are someone who enjoys a little more security in situations like home buying and selling a real estate attorney is an outstanding addition to your team. Just remember even if you don’t close on the deal you will still owe them for their time.