Season for bargains
Cold months are a good time to get a deal on a house
As the slower fall months arrived, however, the asking price of the Barbour Manor house fell more than $10,000 from the original $225,000. The Prices negotiated the cost down even further — and they had their house in September.
How long should you take to pay off your mortgage?
This is another installment of a series on the decisions mortgage borrowers should make prior to entering the market. Previous articles were about selecting the best type of mortgage, and selecting among three options: paying points, waiving escrows, and accepting a prepayment penalty. This article is about selecting the best term.
Harbor Beach home sale fetches $12 million: South Florida Sun-Sentinel
A palatial home in the prestigious Harbor Beach neighborhood of Fort Lauderdale sold this past week for $12 million.
The property, which was poised to be the new home of Miami Heat’s Shaquille O’Neal, was snatched up by biotech and pharmaceutical giant Myrtle Potter, when the contract on Shaq’s Miami home fell through.
Slowing home appreciation may help buyers
When Jason and Laura Bennett bought their home two years ago, the housing market was among the hottest in the nation. Would-be buyers made offers as soon as “For Sale” signs went up, then bid even higher in the frenzy to close the deal.
Less than two months after the couple listed their two-bedroom, two-bath condo, they’ve had to slash the high-end of their asking price by $10,000 to keep up with other sellers in the same complex who have dialed back prices in hopes of hooking a buyer.
Abandoned lot auction planned
The sale of more than 2,000 abandoned lots in North Port is scheduled to begin Jan. 19.
Doug Dennison, assistant vice president of Fisher Auctions, has toured some of the available lots in North Port, and he knows that not all of them are in pristine condition.
New tenants will join Winter Springs center
Three new tenants are on their way to Winter Springs Town Center: Carrs Barbers’ Club, Century 21 Real Estate and Fuji Mountain Sushi. Carrs Barber Club, billed as an “old English style” barbershop “with classic grooming and a relaxed club atmosphere,” will open in December. Century 21 and Fuji Mountain Sushi will open in January.