Treu Group Real Estate Blog

Treu Group Real Estate's blog, new listings, real estate tips, and more!

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Treu Group Real Estate Blog

The latest market statistics are out for Palm Beach County.  We are getting many questions about the market and it seems to be a hot topic right now.  Real Estate is very local right now in Palm Beach County.  There are areas and price ranges that are a hot seller's market while another area and price range might be a hot buyer's market.  It can be very confusing if you are looking at averages.  To get a real pulse on the market, you need to look at it at your community and price range.

We believe there is always an opportunity on the market place.  It is a matter of positioning yourself properly.  Let's talk about what is going on in your area to see how we can help you when you buy or sell in Palm Beach County. 

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Buying vs. RentingDoes it make sense to buy or rent?  That is a great question that every renter should ask.  90% of wealth comes from their primary home.  That should get all of our attention if we are looking to create wealth.  Before you do anything else, you should own your own home. 

There are times when renting might make sense.  If you are planning on moving away in less than 3 years, renting might be a good option.  Or if retirement is approaching and you are not sure of your long term plans.  Even if you are looking for a new career and relocating is an option.  If this is not you, then you should strongly consider buying in south Florida.   Otherwise you are helping another person become wealthy.

The other challenge with renting is that rentals are on

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All Foreclosures for saleDid you do a loan modification during the real estate crisis? If you did you certainly were not alone.  The loan modifications helped many people avoid foreclosure during the real estate bust. Some loan modifications reduced the amount a homeowner owned on their home which also lowered payments. Many did not understand the terms of the reduction and still don't today.  

Now that many communities have become stable, homeowners are wanting to take advantage of the opportunity to sell.  That makes sense for many that have not been able to with the lack of equity.  We have heard stories of some homeowners having to pay up to 20% of the gain to the lender.  

Not all loan modifications used the same approach so it is important to pull out your agreement

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If you are like most buyers, you will be obtaining a mortgage.  It is a critical set in obtaining the keys so you can move into your new home.  So what is the big deal?  Getting a mortgage is step one of making your dreams come true. 

Florida is number 1 for mortgage denials.  This isn't something that we want to be #1 in as it means that buyers and sellers are disappointed and closings don't occur.  17% of applicants get denied.  Wow, that is a big number.  Imagine that you have found a home you love, you're already decorating in your mind and packing only to hear NO. 

So what do you do if you want to buy a home to have your loan approved?  There are steps to improve your chances of having your loan approved.

  1. Check your credit on a free
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Buying a home with Treu Group Real EstateThis week on Treu's Weekly Tips we'll talk about buying a home and everything you need to know about the process! The first step is getting pre-approved. Treu Group has great resources for you, like our website which is a direct MLS feed, so you can search all of the newest homes for sale. 

When buying a home, or working with a builder, you should use Treu Group. Most importantly, we will represent you as a buyer's agent. The seller pays our commission, and when you hire one member of the Treu Group, you really get the entire Treu team, working for you! We have years of experience and are experts at getting results, and finding solutions. 

 

Listen to "Master Your Mortgage with Treu Group Real Estate" here!

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Elephant in the RoomThere is often an elephant in the room and many real estate agents and sellers attempt to ignore it.  Can you imagine trying to ignore an elephant roaming around your home?  It would not be something to pretend like it doesn't exist right?  Well neither is ignoring appraisal issues.  You have to acknowledge appraisals and have a plan to deal it.  Your Palm Beach County real estate agent and Martin County real estate agent is on your side to make selling easier.

The great news is we have the plan and solution to help you deal with appraisals.  There are several ways to do this.  Here are a few options:

Have a pre-list appraisal.  We recommend a real estate appraiser that is realistically optimistic.  What is the most that your home will appraise for

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March Madness at Treu Group Real Estate Visit Treu Group Real Estate in person to fill out your March Madness bracket! If you mention this ad and buy or sell with us during March, we'll cover your closing fee of $495.00! Our office is located at: 955 NW 17th Ave, Suite K2, Delray Beach, FL 33445. We're open between 8:30am-5:30pm, Monday through Friday. Drop by at anytime to fill out your bracket! If you have any questions give us a call at: 561-270-2765. Guess the entire bracket and win the Treu Group side of the commission! Good luck!
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All Lake Clarke Shores Homes for SaleAll Lake Clarke Shores Homes for Sale  If you're thinking of buying or selling in Lake Clarke Shores, we have great news for you! Treu Group Real Estate has sold a number of homes in this amazing neighborhood, in the past year alone!     Most recently we negotiated excellent terms for one of our buyers, and saved him 7% on the cost of his new home! Before that, we sold a home on Florida Mango within weeks for full original listing price in a multiple offer scenario. But that's not all, we sold another home at full price with multiple offers over on Gabriel Lane too! All Lake Clarke Shores Homes for Sale

So if you live in Lake Clarke Shores and want to sell your home, or you're trying to move in, give Treu Group a call today! We're ready to help you on the purchase or sale of your home. We're experts on…
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The town was really developed in the 1950’s, back when it was basically farm land. The opportunity was seen by Walter Traverse, he believed he could develop a water front community. Shortly after his investment of $10,000 to buy 250 acres of land his vision became a reality. The town now has nearly over 3,450 residents and is still growing.

 The town has great access to all major highways, which make any commute a lot easier. Being only 10 minutes away from Downtown West Palm Beach, Lake Clarke Shores really does provide its residents that small town feeling. The community is very close, and familiar, knowing your neighbors would not be a problem. The town has a beautiful playground area for children and Town Hall is always open for everyone's needs.

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If you are looking for your perfect beach oasis with high finishes and all the luxuries this world can offer, look no further because the Four Seasons Private Residences can now be found in beautiful, sunny Ft. Lauderdale, FL.  Developers from fort partners and architect Kobi Karp have delivered 42 unfurnished residences (2-4 bedrooms) and 48 furnished residences (1-3 bedrooms). The Square feet for these homes range from 780 sqft. to 6,100 sqft.

 The developers, architects and designers from this project really pulled all the stops to ensure that the new residents in these condos have the absolute best. Each home is delivered “decorator ready” by Tara Bernerd. Tara really didn’t hold back with the finishes, you will find Travertine stone flooring

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