Treu Group Real Estate Blog - Delray Beach Real Estate

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Delray Beach Real Estate

There are currently 22 blog entries related to this category.

15126 Ashland St, Apt G247, Delray Beach, FL 3348415126 Ashland St, Apt G247, Delray Beach, FL 33484 just hit the market in Lakes of Delray! Brought to you by top agents, Treu Group Real Estate.

Lakes of Delray is a fabulous Active Adult community in Delray Beach. 15126 Ashland St, Apt G247, is priced to sell and has a ton of great features. This home has a gorgeous lake view from screened balcony. With northern exposure, the home gets little direct sunlight which keeps the unit nice and cool, even in the hot Florida summer months. This home has great upgrades including all new appliances, and a brand new washer and dryer. The brand new porcelain tile throughout the home is absolutely gorgeous!

15126 Ashland St, Apt G247 is part of a wonderful community. Lakes of Delray has countless clubs, classes, activities, and resort style amenities. You'll love the lakeside olympic pool and jacuzzi. Enjoy game nights in the billiards or card room. Get creative in the art room and ceramic room, or work out in the fitness center. With so many events you'll never lack for 15126 Ashland St, Apt G247, Delray Beach, FL 33484something to do. 

The courtesy bus service will provide easy access to nearby shopping and dining which is abundant on Atlantic Ave. You'll be a short ride from trendy downtown Delray and the beach! 

Delray Beach has just been selected as a finalist for the All-American City Award...for the 3rd time! Delray Beach is the place to be for premier dining, shopping, entertainment, and stunning beaches.

Would you like to sell your Lakes of Delray home? Click here for a free home evaluation!

Are you looking to buy in Lakes of Delray? Keep scrolling to see all Lakes of Delray homes currently for sale: #lakes-of-delray#

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220 Reigle Ave, Delray Beach, FL 33444220 Reigle Ave, Delray Beach, FL 33444

Great location! Adorable 3/1 in Southridge community is close to downtown Delray and the beach. This home has been entirely upgraded with new travertine marble floors, stainless steel appliances and granite countertops. You’ll love the crown molding! The bathroom has also been completely updated: new tile, tub, sink and toilet. You'll appreciate the stack washer/dryer. The smart security system that links to your cell, security camera & mounted TV in living room are included. The home features impact glass throughout the home. The backyard is fenced and there's room for a pool! You will enjoy the open patio and new auto sprinkler. The entire lot has brand new sod. Large driveway with lots of parking spaces. There's no HOA, no monthly fees and no restrictions! This home is move in ready!

220 Reigle Ave, Delray Beach, FL 33444

220 Reigle Ave would be a perfect starter home or investment opportunity. Perfect for anyone working in downtown Delray Beach, Boca Raton, or Boynton Beach. Great location close to the Linton exit on I-95, making any commute a breeze. Close to popular Lake Ida Park. From this home, you would be able to ride your bike to the beach or bustling downtown Delray Beach. All the amazing beaches of Delray Beach are just a 5 minute drive or 10 minute bike ride away! Walking distance or a very short drive to all the great shopping and dining on Linton, including: Publix, Target, Home Depot, Trader Joe's, The Fresh Market, LA Fitness, and much more!

220 Reigle Ave, Delray Beach, FL 33444

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International Real Estate Market in FloridaThe international impact on our South Florida real estate market makes me think of "It's a Small World After All".  If you have been to Disneyworld, that song probably started going in your head.  In South Florida, that is a great theme song for our real estate market.

Florida has become a favorite with International Buyers and is the #1 place that they are investing their money.  

Top States for International purchased

Florida - 22%

California - 15%

Texas - 10%

New York and Arizona - 4% 

The international buyer spends more on real estate as an average sales price which helps the luxury sellers.  Most international buyers are cash which is a nice plus.  Also many buyers are looking for property that will wow their friends and family.  Often the homes are vacation homes or even quick get a way properties.  

Understanding which countries are interested in South Florida is important. We are constantly building relationships and studying the world changes so that we can stay in front of the changes.  

For more on International influence on the local real estate market in South Florida, check out our latest radio show!

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1345 Crystal Way H, Delray Beach, FL 33444 

This condo in Bahia Delray offers an ideal location in east Delray Beach! You are minutes to Atlantic Avenue & the beach too.

This 2/2 is a second floor corner unit that has the upgrades that you desire. The open layout offers a split plan with lots of natural lighting. The kitchen has stainless steel appliances & plenty of cabinets. This property has been freshly painted, new carpets in the bedrooms, has built-in shelving in the closets and even a waster & dryer in the unit.

1345 Crystal Way H, Delray Beach, FL 33444 

Your covered balcony is perfect for dining outside & has a storage closet. Assigned parking spot comes with unit. Living here is like living in a resort in the best city, Delray Beach. There is a clubhouse, pool, fitness center, 2 tennis courts, gated community too.

Great location close to downtown Delray, ride your bike to trendy Atlantic Ave or the beach! There is wonderful shopping nearby, with a Target just around the corner. Close to I-95 making every commute a breeze. Right across from Delray Racquet Club.

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Treu Solutions to Avoid the 5 Biggest Pitfalls in Real Estate

It takes 10,000 hours to master something. Having the right agent who knows what to do when dealing with a unique contract is essential in avoiding a real estate pitfall. At Treu Group Real Estate, our team of experts works together to help you avoid pitfalls, and to work through them when they do arise. Listen in for details on how to close your real estate deal and avoid the pitfalls. 

 

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If you're thinking of buying, the 5 Steps to buying a home is important to understand. Lisa Treu will be discussing the 5 Steps in detail on the radio show.  

  1. Getting pre-approved from a lender that is well respected in the area. 
  2. Meeting for a brief Consultation. We would rather ask you 100 questions and show you 5 homes than ask you 5 questions and show you 100 homes. 
  3. Selecting the right homes.  
  4. Negotiating to get the outcome you want. As soon as you find the right home, you will want to timely make an offer. 
  5. Now the fun starts - contract to close. When you hire Treu Group Real Estate, you have all of the experts you need to get to the closing table.  

Treu Group's latest radio show is now available here on our blog! If you are in the process of buying a home, thinking about buying a home, or planning on making a big real estate purchase in the near future, this show is a must-listen! We have taken the complicated buying process and broken it down into 5 easy steps. Treu Group Real Estate is a family of agents who cares about your family. It is important to us that our clients understand the buying process so you'll know what to expect during a time in your life that can be stressful. Treu Group Real Estate is here to take the pressure off of you when you're making that next big purchase. Interested in more information? Click here to listen to all of our past radio shows.

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14882 Via Porta, Delray Beach, FL 33446Welcome home! 14882 Via Porta, Delray Beach, FL 33446. Enter this villa and be wowed. The high ceilings and abundant natural light let you feel like you're in a huge building! This villa is deceptively spacious with open floor plan and popular split bedroom floor plan. The chef's kitchen will make every meal feel special. There is an open den off the entrance which could be used for an office or converted to an additional bedroom. The open living area looks out onto the sunny lanai where you'll love taking the breeze or even dine al fresco. If dining out is your thing, you won't have to go far for Villagio Reserve's poolside Cafe. The amenities in this community are phenomenal with pools, tennis courts, fitness room, demo kitchen, arts and crafts room, dance studio and even more! You'll also love the proximity to bustling Delray.

14882 Via Porta, Delray Beach, FL 33446.

14882 Via Porta, Delray Beach, FL 33446

This home is in a prime West Delray location. It's close to lots of great shopping including Delray Marketplace. The Villages of Oriole Plaza is just across Hagen Ranch Rd, which has a movie theater, Publix, multiple banks and places of worship. All of your errands can be accomplished in a short convenient trip across the street. If you enjoy nature you'll love visiting nearby Morikami Museum and Japanese Gardens. Stretch your legs and take in the natural landscape surrounding the boardwalk at the Wakodahatchee Wetlands. If city life is more your thing, make the quick drive down Atlantic Ave to bustling downtown Delray Beach, where there is a constant stream of social and cultural events. There is something for everyone at this great location!

14882 Via Porta, Delray Beach, FL 33446.

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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 the rise.  Why?  It is because of supply and demand in part. There are more people wanting to rent than there are rentals.  The second reason is that certain fees are higher, like taxes, so it is passed on to the tenant.  What's worse is that it will continue to increase since investment properties don't have the tax savings benefit of the Save the Homes.  Landlords can expect their taxes to increase which means that rental rates will need to go up just to maintain the same profit for the landlord.

When buying a home, you deserve to have someone on your side.  Treu Group Real Estate represents our buyers as a buyer's agent.  You might be asking, "Doesn't everyone?".  The simple answer is no.  There are 2 ways an agent can represent a buyer, as a Single Agent or a Transaction Broker.  How do I know how I am being represented?  If you have not signed an agreement, you are by default working with a Transaction Broker.  So what is the next step to buying a new home?  Call us to schedule a time to meet to discuss the process, what you can expect when working with us and your housing needs.  We look forward to helping you find your new home. 

Congratulations on the decision to be a homeowner!

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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 and see what happens when you sell your home 10 years later.  You need to see if you have a shared appreciation modification.  If you do, when you sell, the lender will receive some of your equity.  The question is how much and is there a time limit. You want to research the terms of your loan modification before you plan on selling as no one likes a last minute closing surprise.

 

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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 credit score site like creditkarma.com.  This will give you an idea and a range of your credit score.
  2. Pay down your credit cards below 30% - all cards.  Many people pay off one and leave higher balances. 
  3. Don't change anything financial like jobs, closing credit lines or opening credit lines.
  4. If your income is commission or bonuses discuss with your lender.  You will need a history to allow this to be counted as income.
  5. Make sure you have reserves as required by your lender.
  6. Use a great lender that will do a pre-approval, not a pre-qualification.  Make sure the lender has reviewed, credit, your income, tax returns and your expenses.  Almost all issues could have been anticipated by a proper pre-approval. Too many buyers wait to get pre-approved until after they find a home and then they lose it. 

So what do you do now?  Let Treu Group Real Estate help you.  We will get you pre-approved for your loan and then schedule a time to meet for a consultation.  Spending a few minutes up front allows you to  save hours and more importantly get you to the home of your dreams. 

Need more tips?  You can listen to a radio show discussing obtaining your mortgage. 

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