Are you getting a tax refund? Did your paycheck go up due to tax reform or possibly a raise? It is really easy to think about doing something fun or go on vacation with the extra money. A moment of fun would be great however imagine if you invested that money in your long term future.
Here are few opptions to consider:
1 . If you are renting, buying your first home is a great option to use your extra money towards a downpayament. We have tips for you on the 5 steps to buying a home.
2. If you own your home, it might be time to consider buying an investment property.
3. If you are thinking of selling, a few improvements to your current home to improve the...
Are you thinking of buying or selling? Are you not sure where to turn to make sure your real estate transactions goes as you hope? The great news is that Treu Group Real Estate can help you whether you are looking to move down the street, the next state or halfway across the world. You might be saying really? And the answer is yes.
Thinking about moving to the beach? Maybe the mountains are calling your name? Going someone more exotic? It really doesn't matter where you want to buy or sell, we can help.
How can Treu Group Real Estate help you ask?
If you are buying or selling in South Florida, Treu Group Real Estate has the experience to get you the results that you desire. Our team of experts work together to get you the results you desire. If you are buying, having...
It is time to take the gloves off and put Palm Beach real estate up against the rest of the world. Are our homes the cheapest? Of course not. However we are an amazing value as I notice every time I travel. The last trip to Asia really peaked my curiosity so it was time to dig deep in the numbers of other popular locations to see if Palm Beach would win in a value battle.
So what did I find? I found that of course there are less expensive areas however not anywhere I would like to live. And better yet, there were a lot of areas more expensive that were also places I would not want to live. I couldn't believe some of the numbers of the median price per sq ft. that we found.
The goal was to do an equal comparison so we looked at median price per sq ft. in the city.
The median price for West Palm...
There are challenges and opportunities for those in the medical field when it comes to buying a home. Many think that Doctors only have opportunities however after helping so many great clients we know that is not the case. Think about it, to become a Doctor it usually comes with a lot of debt from education. It takes many years and a lot of money to become a Doctor and that debt can take decades to pay off.
The great news is that there are loans dedicated specifically for those in the medical profession that look at the equation of income and debt a bit differently.
Now there is even more help for those in the medical field that are not doctors however have different medical and dental specialties. The programs allow for less downpayment (more like a FHA loan) without mortgage insurance. That can be a great savings.
If you are in the medical...
Are you looking to buy a home in 2018? There are some common mistakes that could cost you the home that you want. During the past week, we have seen buyers make the 3 mistakes that has caused them to hear bad news instead of having their offer accepted.
1. Buyers using Zillow to look for their dream home, especially in competitive price ranges. The challenge is that Zillow is not real time. Many of the homes are already sold since real estate agents have access to the homes for sale first. Searching in real time is critical. This issue is one of the reasons that we have a competitive website that is real time so buyers have accurate information including whether a home is still for sale or already under contract.
2. When finding the right home, making low offers and taking too long to negotiate the deal. Until a contract...
On our latest podcast, Chris Pan, the founder of My Intent, joins Lisa Treu from the Treu Group to talk about his great line of "What's Your Word" jewelry. These are custom bracelets where you can choose any word to wear as a constant reminder to achieve any particular goal. You can choose any word to be printed on your bracelet or necklace. These bracelets have really helped the Treu Group team stay focused on our company word, "Committed." To our team, the word, "Committed," means to be willing to do anything, say anything, and go anywhere for our clients. As long as it's legal or moral, of course!
What we really love about Chris' products is the positivity they bring. What a great way to stay mindful of your goals! The other great thing about the My Intent products is that they will not break the bank....
If you are buying a home in a seller's market, it can be frustrating if you don't have a plan. Finding a home that you love only to hear that it is already sold or that the seller has accepted another offer is never what a buyer wants to happen.
So what should you do?
When the right home comes on the market, you need to be available to see it and make a strong offer if you are interested in the home. Time is not your friend when you are in a seller's market situation. Neither is not having all of the right information to make your offer as strong as possible. If you are getting a mortgage, having a lender with a great reputation and a solid pre-approval is key
Price to a seller is important however so are terms. Make the offer as good as possible. Bringng a human factor to the offer is also helpful.
When you are buying, having a Buyer's Agent can make the difference in your home purchase experience. Treu Group Real Estate has a proven process to help you find...
International buyers are making a difference in Palm Beach and it is expected to continue for the next few years. Florida is the #1 place for international buyers looking to purchase and the gap between #1 and #2 continues to grow.
Canadians are one of the reasons that international activity has increased. Two years ago, Canadians spent 8.9 Billion (a record low) and only a year later they had invested up to 19 Billion in real estate. That increase has made a huge impact in some areas in South Florida.
Why have they been buying more properties in Florida? Places like Toronto have seen incredible increases in real estate values allowing for them to have access to a lot of equity. What better way to enjoy the additional equity than to have a winter retreat?...
Are you thinking about buying a more expensive home? Did you serve our Country and have VA financing benefits? One thing that many buyers don't know is that there is not a cap on financing with your VA loan. Really? Yes really.
With your VA loan, you can get a loan for $424,100 with 100% financing. That is pretty amazing. So what happens if you want to buy a home for more than $424,100. Out of luck? Have to put the difference down as a down payment? I have great news for you, no you don't.
So here is the concept of how it works:
$424,100 is 100%
Above $424,100, the rule of this is that Veteran needs to pay $0.25 for every $1 above.
So if you are buying a $600,000 home here is an idea of what the numbers would look like:
Purchase price $600,000
Difference between $600,000 and $424,100 = $175,900...
Millenials have a new challenge to buying their first home with increased student debt and less opportunities for earning income. Saving money for a down payment and closing costs have become a real challenge for many first time home buyers. 38.4% of millennials are living at home between the ages of 18-34.
So what is the solution? The first advice I alway give is your 1st home likely won't be your dream home. The goal is get into the real estate market. Making good decisions is critical with an ideal on your exit strategy. Yes, you need to think about moving when you are buying. That does seem odd right? It is not actually. Will you sell it? Or will you rent it? Why does this matter? It matters because it might impact the type or area that you purcase in.
The challenge for many first time home buyers is the deposit. Often, if you...