Home Seller Information

There are currently 9 blog entries related to this category.

Learn more about Zillow's online home valuations

Thinking of selling your home and wondering what it’s worth?  You may want to be careful about the home value estimates you see online because many are either far above or far below the true market value. 

Boca Raton home sellers who set their expectations on inaccurately overestimated home values may fall victim to overpricing their homes for sale which will ultimately lead to frustration because they don't sell.  When a home is overpriced, it will languish on the market for months, causing multiple price reductions as they "chase the market" and most likely result in a lower sale price than if they had priced it right from the beginning.   

Zillow, Trulia, Realtor.com's Automated Home Value Calculators

Zillow and Trulia have become the

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Properties coming to the market are being priced at record highs. Experts watching the economy state that these prices are not indicators of another market crash on the horizon. The term “housing bubble” is a scary one, but that is not what is happening today.

CoreLogic reports that two times as many urban markets are overvalued. This means that prices are inflated compared to the incomes of people looking to buy in these areas. This is a comparison between the second and first quarter numbers of this year. The values on these homes are not expected to fall anytime soon, which is the opposite of what a bubble is. Bubbles eventually burst. These home prices are high because there is limited inventory in desirable areas. Not because of sketchy selling

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According to Freddie Mac's latest U.S. Economic & Housing Market Outlook, U.S. home sales in 2015 will show increase to the numbers associated with a normal real estate market. Here is their projection:

"We are projecting a 4 percent rise in sales to 5.6 million, which would mark the highest level of annual sales since 2007."

And their optimism was seconded by both the National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA).

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Realtors vs. For Sale By Owner

Let us see if selling your home by yourself as a FSBO (For Sale by Owner) is really cheaper as compared to selling it through a Realtor.

It has been discovered through research conducted that FSBO (For Sale By Owner) takes longer to sell, in addition to the fact that about 21% of them end up being listed on Multiple Listing Service (MLS). This leads to an average of 68 days longer as compared to real estate listed with a Realtor. So, with a Realtor, the average property spends approximately 69 days on the market, while with the property being sold by the owner, (FSBO), it spends as long as 88 days on the market.

Are you really saving money?

Many home sellers in today's real estate market are inclined to at least

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Understanding Real Estate Closing Costs and ProrationsIt's very common to see a purchase contract with provisions for prorations. This type of contract should be read closely and you should understand the prorations before signing. It may even be necessary to request a change to the verbiage used for the prorations.

Most of the time, the buyers are the ones responsible for the prorations. These changes will often show up as a debit on the closing statement for the buyer and will be a credit on the sellers closing statement.

Prorations usually increase the net profits of the seller and they cover items which were prepaid by the seller for a time when the seller won't own the property.

Prorations for Mortgage Interest

Sometimes, you will need to understand what the mortgage interest

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Pearl from Boca Raton, Had an Impressive 196 Closed Transactions On His Way to Becoming One of South Florida’s Top Professionals

Brian Pearl Named One of America's Best Real Estate Agents

Boca Raton, FL July 8, 2014 - Brian Pearl of Lang Realty was named one of America’s top real estate professional teams by REAL Trends and as advertised in The Wall Street Journal.  He is now a member of the “The Thousand Top Real Estate Professionals,” a prestigious national awards ranking sponsored annually by the two respected publications.  Pearl is now ranked in the top one half of 1 percent of the more than 963,000 REALTORS® nationwide.

The Thousand real estate professionals was announced on July 8, 2014, with four separate categories honoring the top 250 residential agents and agent teams for excellence in:

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    New Interchange on I-95 at Spanish River Blvd in Boca RatonAstaldi Construction of Davie, Florida broke ground on the new construction of I-95's newest interchange at Spanish River Boulevard.  Besides the new exit at Spanish River in East Boca Raton, work includes widening Spanish River Boulevard west of FAU Boulevard, constructing 13 bridges between Spanish River Boulevard and Yamato Road, signalized intersection improvements and the addition of auxiliary lanes on Yamato Road, and sound wall construction along Yamato Road and on the east side of I-95 north of Yamato Road.  When the $66.7 million project is finished in late 2016, it will give Boca Raton its fifth I-95 interchange and provide Florida Atlantic University direct access to and from the highway. It also will be the first new I-95 interchange in Palm

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    Imagine a vibrant atmosphere where you can live, work, shop, and dine, all in the same building.  This is what Atlantic Crossing will bring to the heart of Delray Beach.  The signature mixed-use development is being designed with Mediterranean, Art Deco, and Contemporary inspiration, mimicking the diversity within Downtown Delray itself.  Atlantic Crossing will be comprised of approximately 83,000 square feet of Class A office space, around 76,000 square feet of retail and restaurant space, and approximately 350 luxury residences, both for sale and for rent.  This new development is essential in Delray Beach's economic growth and will support such for years to come.  Parallel with Delray Beach's vision of a thriving, balanced Downtown area, Atlantic

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    The number of existing homes on the market is in the millions. Annually the number of homes bought and sold within the US is staggering. Like their owners, each home transaction is unique. But owners and prospective buyers want the same thing in the end: the best deal that is right for them, with minimal stress.

    Selling a home has evolved from a simple ‘ for sale by owner’ sign in the yard. Things like new seller disclosure statements, thick and elaborate form agreements, plus environmental studies and other concerns have all slowed the process over the span of ten years.

    It is no mystery that home selling has changed. Buyer brokerage is a common practice across the US. Homeowners and prospective buyers depend on REALTORS® represent their

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