1189 Oakwater Dr, Royal Palm Beach, FL Home for Sale – Madison Green, Wyndham – Gated Community

Gorgeous, newly renovated in 2014 this property has it all! It futures open and airy floor plan with amazing curb appeal! This beautiful and well maintained four bedrooms, two and a half bathrooms home is located in well established and desirable Madison Green – Gated Community! The master bedroom has spacious walk in closet, fan and a private bath, with double sinks and separate tub and shower great for relaxation after a long day at work. Another excellent future of this gorgeous home is the bright eat-in-kitchen, open to the dinning room! NEW GE Stainless Steal appliances,  NEW granite countertops, NEW mosaic back splash, and cabinets galore for extra storage! The entire first floor has easy to maintain tile floors!!! In addition the home has been tastefully painted! Crown molding through out the entire home! Large back yard futures open, bricked paved patio! One look and you will agree that this property has it all!!! Super Clean & Move in Ready!!!

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 1189 Oakwater Dr Video

 Madison Green Golf and Residents Club has one of the top rated courses in the state of Florida!  It is nestled in the heart of Royal Palm Beach. With its amenities such as  2 tennis courts, a basketball court, gym, club house, pools and few playgrounds Madison Green is the ideal location for all types of families. The neighborhood is constantly evolving to provide to its residents the lifestyle that they deserve. Madison Green is divided into 12 subdivisions; Pinehurst, The Estates, Walden, Wyndham, Ashford, Lexington, Royal Estates , Saybrook, Fairfax, Oakmont, Palm Estates, and Saratoga. Real estate in Madison Green features just over 1,200 single and two story homes that many times offer a variety of designer interior finishes including granite kitchen countertops, energy-efficient appliances, crown molding, high-end flooring and winding staircases, averaging between 1,600 and 4,200 SqFt, 3 to 4  bedrooms, 2 to 3 baths, ranging from 230’s to the 480’s.

Boca Raton FL Real Estate Sales and Solutions – Tanya M Kovacheva REALTOR
7 Stars Realty is a boutique real estate firm, that is committed to give exceptional care to our clients and exceed their expectations. I specialize in helping buyers and sellers with their real estate needs in Palm Beach County including Boca Raton, Delray Beach, Boynton Beach, Wellington, Palm Beach, West Palm Beach, Royal Palm Beach, Lake Worth, Loxahatchee, Highland Beach, and the surrounding areas. (561)-289-8313

Boca Raton, FL Home for Sale – Boca Greens – Golfcourse Manngated Community

Open and airy floor plan with amazing curb appeal! This single story home with three Bedroom, two bath home is located in desirable Boca Greens Community! The eat-in kitchen is open to the family room, and futures marble floors, a center island with build in cook top, pantry, and cabinets galore for extra storage! Large master bedroom with a huge walk-In closet, double doors and a fan! The master bathroom futures dual sinks, make up area, large black marble bath tub separate from the marble shower and a beautiful skylight for additional light during the day! The property offers formal dinning room, large living room and a family room with vaulted ceilings! Other futures of this perfect home that will save you a lot of $$$  — roof which is only six years young, and the water heater and A/C unit that were replaced a year ago! This beautiful home futures 2 car garage and a laundry room! The large enclosed pool, covered patio are accessible from the kitchen, guest and master bathrooms with open views of the creek and preserve!

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Video Tour

Boca Greens is a 24 hour man gated community with close to 600  single family homes surrounded by an 18-hole golf course built on 175 acres. In addition this beautiful community has 6 tennis courts, fitness room and a snack bar. All residents can play the course on a pay per play basis. There is no required membership but Boca Greens residents who are interested in  a country club experience have the opportunity to select from a number of non-equity memberships. Homeowners association fee includes premium cable package and high speed Internet. This beautifully landscaped community is located in the western part of Boca Raton on 441 just north of Glades Road. Real estate in Boca Greens features single story homes that many times offer gourmet kitchens and vaulted ceilings, averaging between 1,200 and 3,300 SqFt, 3 to 4  bedrooms, 2 to 3 baths, ranging from 250’s to the 450’s.

Boca Raton FL Real Estate Sales and Solutions – Tanya M Kovacheva REALTOR
7 Stars Realty is a boutique real estate firm, that is committed to give exceptional care to our clients and exceed their expectations. I specialize in helping buyers and sellers with their real estate needs in Palm Beach County including Boca Raton, Delray Beach, Boynton Beach, Wellington, Palm Beach, West Palm Beach, Lake Worth, Loxahatchee, Highland Beach, and the surrounding areas. (561)-289-8313

2276 Stonegate Drive, Wellington, FL Home for Sale – Stonegate of Wellington – Gated Community

Gorgeous, newly renovated in 2014 this property has it all! It futures open and airy floor plan with amazing curb appeal! This beautiful and well maintained three bedrooms, two bathrooms single story home is located in well established and desirable Stonegate – Gated Community! The master bedroom has spacious his and hers walk in closets, fan and a private bath, that futures separate tub and shower great for relaxation after a long day at work, along with double sinks. Another excellent future of this gorgeous home are the other 2 bedrooms that are separate from the master and assure your privacy!  Big, bright eat-in-kitchen, open to the family room, futures NEW GE Stainless Steal appliances,  NEW granite countertops, NEW mosaic back splash, and cabinets galore for extra storage! The entire property has NEW easy to maintain tile floors!!! In addition the home has been tastefully painted! The NEW landscaping is gorgeous too! And the back yard is like an oasis, sparkling clean pool, invites you to play in the sun. The enclosed covered patio, great protection against mosquitoes is just another wonderful future of this immaculate home!!!   One look and you will agree that this property has it all!!! Very low HOA only $60 a month!!! Super Clean & Move in Ready!!!

 2276 Stonegate

2276 Stonegate Video

Stonegate is a gated community that is nestled in the Village of Wellington. With its security features and diverse and friendly neighbors, Stonegate is the ideal location for all types of families. The neighborhood is constantly evolving to provide to its residents with the lifestyle that they deserve. Real estate in Stonegate features single story homes that many times offer gourmet kitchens and vaulted ceilings, averaging between 1,700 and 2,700 SqFt, 3 to 4  bedrooms, 2 to 3 baths, ranging from 260’s to the 350’s.

Boca Raton FL Real Estate Sales and Solutions – Tanya M Kovacheva REALTOR
7 Stars Realty is a boutique real estate firm, that is committed to give exceptional care to our clients and exceed their expectations. I specialize in helping buyers and sellers with their real estate needs in Palm Beach County including Boca Raton, Delray Beach, Boynton Beach, Wellington, Palm Beach, West Palm Beach, Lake Worth, Loxahatchee, Highland Beach, and the surrounding areas. (561)-289-8313

9612 Tavernier Dr, Boca Raton, FL Home for Sale – Boca Landings, Lake Front Community

Open and airy floor plan with amazing curb appeal! This beautiful and well maintained 4 Bedroom, 2.5 baths home is located in desirable Boca Landings Community! The kitchen is open to the family room, and it futures kitchen island, pantry, lots of cabinets that offer extra storage! Tile floors through out the entire downstairs and the stairs leading to the second level! In additional the property offers a formal dinning room, large living room and a family room! For the convenience of you and your guests there is a 1/2 bathroom downstairs!  Moreover; there is a large master bedroom with a large walk-In closet and a fan! The master bathroom futures dual sinks, make up area, large shower! All 4 bedrooms are upstairs and future fans in each room. There is an additional space on the second floor that can be used for storage room or an office as the current owner is using it as a computer room. Another great futures of this perfect home, that will save you a lot of $$$  is the A/C unit that was replaced in May this year! This absolutely amazing home futures 2 car garage and a laundry room! The back yard is gorgeous, too! The large enclosed covered patio is just another incredible future of this amazing home! Super Clean & Move in Ready!!!

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VIDEO OF 9612 TAVERNIER DR

9612 Tavernier Dr is conveniently located in desirable, lakefront  Boca Landings just minutes from the Florida Turnpike.  The surrounding area futures restaurants, shops and parks. Real estate in Boca Landings features both single story and two-story homes that many times offer lake views, gourmet kitchens, and vaulted ceilings. This community contains four different subdivisions and the homes here range between 1,100  square feet and 3,100 square feet. There are many amenities within the community such as tropical pool, sundeck, and tennis courts. Maintenance includes cable, common areas, and security. These homes feature concrete block construction with barrel or tile roofs. Boca Landings homes for sale average in price range from $150,000 to $500,000.

Boca Raton FL Real Estate Sales and Solutions – Tanya M Kovacheva REALTOR
7 Stars Realty is a boutique real estate firm, that is committed to give exceptional care to our clients and exceed their expectations. I specialize in helping buyers and sellers with their real estate needs in Palm Beach County including Boca Raton, Delray Beach, Boynton Beach, Wellington, Palm Beach, West Palm Beach, Lake Worth, Loxahatchee, Highland Beach, Port St Lucie and the surrounding areas. (561)-289-8313

 

15822 Bent Creek Road, Wellington, FL Home for Sale – Binks Forest- Gated Golf Course Community

Gorgeous, completely renovated in 2014 this property has it all! It futures open and airy floor plan with amazing curb appeal! This beautiful and well maintained five bedrooms, four bathrooms home is located in well established and desirable Binks Forest – Gated Golf Course Community in North – West Wellington! The downstairs master bedroom has spacious his and hers walk in closets, fan and a private bath, that futures separate tub and shower great for relaxation after a long day at work, along with double sinks and a large brand NEW granite counter top. Also futures floor to ceiling sliding door that leads to the sparkling clean pool and spa! Another excellent future of this gorgeous home is the second master bedroom upstairs. In addition each one of the four bathrooms has NEW cabinets, NEW vanities, NEW light fixtures and NEW faucets!!! It futures a large walk-in closet, private bathroom with a bath-tub and a shower combo. The other 3 bedrooms are located towards the back of the home and are separate from the masters! Big, bright eat-in-kitchen, open to the family room, has plenty of cabinets, that are brand NEW raised 42”, with soft drawer closure, NEW GE Stainless Steal appliances,  NEW granite countertops, NEW mosaic back splash, and a pantry! The entire property has NEW easy to maintain tile floors through out the first floor and NEW carpet on the stairs and in the second master bedroom upstairs. In addition the home has been tastefully painted inside and out! The NEW landscaping is gorgeous too! And the back yard is like an oasis, sparkling clean pool and spa with a waterfall, invite you to play in the sun. The covered patio and the NEW Screen for a great protection against mosquitoes are just another wonderful future of this immaculate home!!!   One look and you will agree that this retreat is all about luxury!!! Very low HOA only $60 a month!!! Super Clean & Move in Ready!!!

 

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 Pictures and Video

Binks Forest  is a premier semi-private, 18-hole, newly renovated in 2007 Golf Course Community that doesn’t require equity membership, with a very low HOA fee located in the horse country of Wellington, close to Southern Boulevard and Loxahatchee National Wildlife Refuge. What makes Binks such a unique golf course among Florida courses, is the rare layout characteristic of not seeing an adjacent hole for almost the entire course. Binks Forest offers playability for golfers of all levels, golf and fitness programs for all ages, and a 30,000 square foot clubhouse with pool, fitness center, men’s and Ladies locker rooms, and ballroom which seats up to 300. The neighborhood futures traditional homes, averaging between 1,450 and 5,050 SqFt, 3 to 5  bedrooms, 2 to 5 baths, ranging from low 200’s to the low 700’s.

 

 

Boca Raton FL Real Estate Sales and Solutions – Tanya M Kovacheva REALTOR
7 Stars Realty is a boutique real estate firm, that is committed to give exceptional care to our clients and exceed their expectations. I specialize in helping buyers and sellers with their real estate needs in Palm Beach County including Boca Raton, Delray Beach, Boynton Beach, Wellington, Palm Beach, West Palm Beach, Lake Worth, Loxahatchee, Highland Beach, and the surrounding areas. (561)-289-8313

10583 Salmon Leap Street, Las Vegas, NV Home for Sale – Silverado Ranch

 10583 Salmon Leap Street, Las Vegas, NV Home for Sale –

Silverado Ranch 

Open and airy floor plan with amazing curb appeal! This beautiful and well maintained 4 Bedrooms, 2.5 baths home is located in desirable Silverado Ranch Community – close to The Famous Las Vegas Strip! In addition this absolutely gorgeous property has a large loft that can be used as an office! Newly renovated this property has it all! The kitchen is open to the family room, and it futures slide in black gas stove, granite countertops, an island, wine rack and a pantry! The master bathroom is spacious with a separate bath tub and shower! Both bathrooms future double sinks and tile floors! The entire property has NEW easy to maintain tile floors through out the first floor and NEW solid dark laminate floors through out the entire second floor. In addition the home has been tastefully painted with a natural two tone paint! NEW landscaping and gorgeous covered patio are just another great future of this immaculate home. In addition there is a pond with a waterfall in the backyard which makes the landscaping complete. Super Clean & Move in Ready!!!

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10583 Salmon Leap Video

Silverado Ranch is a Community conveniently located in South East Las Vegas, on the East Side of I-15 very close to the Famous Las Vegas Strip. Easy freeway access and close to shopping, schools and parks! The neighborhood futures traditional homes, averaging between 1,200 and 3,500 SqFt, 3 bedrooms, 2+baths, ranging from low 100’s to the low 600’s.

 

Las Vegas, NV Real Estate Sales and Solutions – Tanya M Kovacheva REALTOR
7 Stars Realty is a boutique real estate firm, that is committed to give exceptional care to our clients and exceed their expectations. I specialize in helping buyers and sellers with their real estate needs in Las Vegas, North Las Vegas and Henderson including Silverado Ranch, Mountains Edge, Summerlin, Providence, Green Valley, Green Valley Ranch, Peccole Ranch and the surrounding areas. (702)-885-6143

1256 SW Byron Street, Port St Lucie FL Home for Sale

Open and airy floor plan with amazing curb appeal! This beautiful and well maintained 2 Bedroom, 2 bath home is located in desirable Port St Lucie! Completely renovated in 2014 this property has it all! The kitchen is open to the living, and it futures new cabinets, Samsung stainless steal appliances, granite countertops and new sink and faucet! Both bathrooms future NEW vanities, NEW plumbing and light fixtures! There are  NEW easy to maintain tile floors in the family room, kitchen and both bathrooms. Both bedrooms future NEW light color easy to maintain laminate floor! The master bedroom has two closets and the additional linen closet in the hallway assure great storage! In addition the home has been tastefully painted inside and out! NEW crown moldings and baseboards through out the entire property! There are tactfully selected blinds that assure your privacy! Besides that this absolutely amazing home has a laundry room inside that futures a set of brand new washer and dryer! The back yard is gorgeous, too! Large pool size yard future amazing palm trees and open patio area! In addition to the one car garage, this property futures long drive way allowing additional parking spaces that are just another excellent future of this gorgeous home! Super Clean & Move in Ready!!!

 1256 SW Byron Video

1256 SW Byron is conveniently located in Port St Lucie, just a few minutes away from restaurants, shops and several parks. The neighborhood futures traditional single story homes, averaging between 1,000 and 1,700 SqFt, 2 +bedrooms, 2+baths, ranging from 65,000 and up.

Boca Raton FL Real Estate Sales and Solutions – Tanya M Kovacheva REALTOR
7 Stars Realty is a boutique real estate firm, that is committed to give exceptional care to our clients and exceed their expectations. I specialize in helping buyers and sellers with their real estate needs in Palm Beach County including Boca Raton, Delray Beach, Boynton Beach, Wellington, Palm Beach, West Palm Beach, Lake Worth, Loxahatchee, Highland Beach, Port St Lucie and the surrounding areas. (561)-289-8313

Valid Hardships Examples in order to qualify for a short sale!

The second step of a successful short sale is Valid Hardship. As a homeowner you have to proof that you are experiencing a hardship in order to qualify for a short sale.

Here are some examples of hardship that you can use to qualify for a short sale and exit your property that is worth less then what you currently owe.

Number one hardship that current homeowners are facing is a change in their financial situation. That includes unemployment, income reduction and increase in housing expenses. There are many home owners who have lost their jobs during the last few years.  However you don’t necessary have to lose your job to experience a hardship.  Income Reduction is considered a hardship as well. Circumstances outside your control such as elimination of overtime, reduction in regular working hours, a reduction in base pay that have caused a decrease in your income can create a valid hardship for your family. Increase in Housing Expenses due to circumstances outside your control is considered a hardship as well.

The second common hardship that current borrowers are experiencing is divorce or legal separation. This includes separation of borrowers unrelated by marriage, civil union or similar domestic partnership under the applicable state law. There are few documents that you will need to proof this type of hardship. Examples of such documents are a divorce decree signed by the court, a separation agreement signed by the court, a current credit report evidencing divorce, separation, a bill on the non-occupying borrower name with a different address, or a recorded quitclaim deed evidencing that the non-occupying Borrower or co- Borrower has relinquished all rights to the property.

A third example of a hardship is a death of a borrower or a death of either the primary or secondary wage earner in the household. Proving this type of hardship requires a death certificate, an obituary or a newspaper article reporting the death.

Long-term or permanent disability, serious illness of a borrower, a co- borrower or dependent family member is also considered a reason for experiencing a hardship. In order to proof this type of hardship you can provide the agent that is processing your short sale with a copy of your monthly insurance benefits or government assistance, or a written statement or other documentation verifying disability illness. Other documents that qualify as a proof of the forth type of hardship are  doctor’s certificate of illness or disability or medical bills. However you are not obligated to provide detailed medical information.

Distant employment transfer or relocation are considered a valid hardship as well. Nowadays when businesses are closing doors and people are losing their jobs, many borrowers are required to look for employment out of state. If you are an active duty service member you can use the notice of Permanent Change of Station (PCS) or actual PCS orders in order to proof your hardship. Borrowers that are not an active duty service members will need a copy of signed offer letter or notice from employer showing transfer to a new employment location. Other documents that can be used as proof are pay stubs from new employer or you can also provide written explanation of your situation.

Business owners experiencing a business failure also qualify for a short sale. In order to proof your hardship as a business owner you will need to provide the business tax return from the previous year (including all schedules) and a proof of business failure supported by one of the following:

-bankruptcy filing for the business

-two months recent bank statements for the business account evidencing cessation of business activity

-most recent signed and dated quarterly or year-to-date profit and loss statement.

Natural or man made disaster adversely impacting the property or borrower’s place of employment are also considered a reason for a valid hardship. Documents required to proof this type of hardship are insurance claim, Federal Emergency Management Agency grant or Small Business Administration loan, or a proof that the borrower or borrower’s employer property is located in a federally declared disaster area.

If you are a borrower experiencing a different type of hardship please submit your comments below. I am looking forward to your comments and suggestions.

To learn more about the next important step in short selling your home please follow my blog, or call me at 561-289-8313.

You can also call 888-879-2870, ext 87 and setup your FREE no obligation consultation today!

I am looking forward to helping you with your real estate needs!

 

Boca Raton FL Real Estate Sales and Solutions – Tanya M Kovacheva REALTOR
7 Stars Realty is a boutique real estate firm, that is committed to give exceptional care to our clients and exceed their expectations. I specialize in helping buyers and sellers with their real estate needs in Palm Beach County including Boca Raton, Delray Beach, Boynton Beach, Wellington, Palm Beach, West Palm Beach, Lake Worth, Loxahatchee, Highland Beach, and the surrounding areas. (561)-289-8313

 

How to select the right real estate agent when short selling your home?

Selecting the right real estate agent to help you when short selling your home is crucial. The success of the short sale depends very much on selecting a real estate professional that is familiar with the process.

When interviewing agents, there are 10 very important  questions you have to ask:

1. Are you personally negotiating the short sale on my behalf or do you have a third party negotiator? – It is important to know if the agent you will be selecting to process the short sale of your home is personally involved or not. In some cases it is better to have a third party negotiator but if that’s the case the agent needs to be familiar with the process, authorized to negotiate and be able to step up in case the company she/he hired doesn’t do their job. On the other hand if the agent is personally negotiating the sale, it is important to know that she/he is not on her own. Negotiating is a time consuming process, you want to make sure that your agent is not overwhelmed.

2. How many short sales have you successfully closed in the last 3 years? – There are few very important words in this question. Please note, you need to know how many short sales, not closing in general. It is important to know, not how many has she/he listed but how many has she/he closed. And last but not least, you are asking for a track record of atleast 3 years. It is not important how many years the agent has been in business, because there are some veterans in our industry that haven’t closed any short sales. You need an agent who’s been doing short sales for at least 3 years because it takes time to close deals, and the best experience is generated by working on transactions, not going to school.

3. Do you have a team of professionals that helps you with the short sale process? – As I mentioned earlier short selling a property is a time consuming process, in order not to get overwhelmed, it’s important to have help.

4.  Are you familiar with equator? – This simple question is actually worth asking. Equator is a platform that most lenders use to process short sales. Not all lenders are on equator but agents that process short sales are familiar with the platform.

5. Is there an additional fee for negotiating the short sale? – There is additional work involved to process a short sale, charging an extra fee is common but you need to know who pays for processing.

6. If there is an additional fee who pays it? The sellers lender, seller, buyer, buyer’s agent or seller’s agent? – If there is an attorney involved processing the short sale, some lenders will approve a short sale processing fee, or some times the fee is called attorney fee, that is placed on the HUD1- your closing statement. When there is no attorney involved, but there is a shorts ale processing fee, make sure you ask your agent to request the buyer to pay for negotiating the short sale, so you can avoid the extra cost.

7. What is a valid hardship? – It is important to have a valid hardship for a short sale to get approved. Make sure the agent you work with understands your hardship and presents it properly while negotiating with your lender.

8. Do you consult me and review my paperwork before you submit it to the bank? – Agents that successfully close short sales, know the right questions to ask you and more importantly know how to present your hardship to the lien holders on your property.

9. Do you have an easy to follow checklist? – Agents that successfully negotiate short sales have systems in place and checklists to make your job easy, proving the correct paperwork on time.

10. How long does it take you to get an offer? – Hiring an agent who has aggressive marketing techniques is important. Pricing the property correctly is a key! There is one important thing in selling a property and that’s PRICE! Location, condition and accessibility don’t matter when the property is priced accordingly! These are all very important factors when selling your property for profit, but in a short sale situation when you have nothing to lose, it’s more important to price the property right then anything else!

To learn more about the next important step in short selling your home please follow my blog,

or call me at 561-289-8313.

You can also call 888-879-2870, ext 87 and setup your FREE no obligation consultation today!

I am looking forward to helping you with your real estate needs!

Boca Raton FL Real Estate Sales and Solutions – Tanya M Kovacheva REALTOR
7 Stars Realty is a boutique real estate firm, that is committed to give exceptional care to our clients and exceed their expectations. I specialize in helping buyers and sellers with their real estate needs in Palm Beach County including Boca Raton, Delray Beach, Boynton Beach, Wellington, Palm Beach, West Palm Beach, Lake Worth, Loxahatchee, Highland Beach, and the surrounding areas. (561)-289-8313

 

What is a short sale? 

The word short in the term short sale is not regarding the time period that it takes to sell a property  but rather regarding the amount the property can sell for. Certain homeowners who have a valid hardship, maybe be able to qualify to sell their property for less then their loan amount. The process of selling their home at a lower price is called a short sale.

 

In order for the short sale to be successful their are few things that need to come into alignment.

 

#1 The home owner will have to select a real estate agent that is familiar with the short sale process and that has experience in helping other home owners to short sale their homes.

 

#2 There has to be a valid hardship

 

#3 There has to be a willing and able buyer, who understand the short sale process and is willing to wait for the sellers’ lender to approve the sale.

 

#4 The lender has to approve the sale of the property

 

 

To learn more about the short sale process please follow my blogg about each step of the process. 

 

Boca Raton FL Real Estate Sales and Solutions – Tanya M Kovacheva REALTOR
7 Stars Realty is a boutique real estate firm, that is committed to give exceptional care to our clients and exceed their expectations. I specialize in helping buyers and sellers with their real estate needs in Palm Beach County including Boca Raton, Delray Beach, Boynton Beach, Wellington, Palm Beach, West Palm Beach, Lake Worth, Loxahatchee, Highland Beach, and the surrounding areas. (561)-289-8313