SUNSETS OVER THE WIDE SAINT LUCIE - NEWLY LISTED

2150 PLUMBAGO TRAIL

OPEN SUNDAY JUNE 10TH FROM 1-4:00PM

THE ESTUARY, Stuart, Florida

I AM PLEASED TO PRESENT THIS NEW PROPERTY SITUATED ON THE SAINT LUCIE RIVER. WITH TWO MASTER SUITES WITH SPA BATHS ON TWO LEVELS, THE LUXURIOUS VIBE AND AMAZING VIEWS CAN BE ENJOYED BY FAMILY AND GUESTS WHO LIKE PRIVACY...AND BEAUTY. 

2327 SQ. FT. OF KEY WEST STYLE LIVING IN THIS SOLIDLY BUILT CUSTOM CBS HOME ARE JUST THE BEGINNING OF WHAT LIES WITHIN THESE WALLS. I MENTIONED THE 2 MASTER SUITES, NOW ADD ANOTHER GUEST BEDROOM WITH A PRIVATE BATH, TALL CEILINGS WITH CROWN MOLDINGS AND A WHOLE HOUSE AUDIO SYSTEM. ADD A CHEF'S KITCHEN THAT YOU CAN COOK IN, ENTERTAIN IN AND GAZE OUT TO THAT WIDE WATER VIEW. JUST OUTSIDE IS THE WALKWAY TO THE ESTUARY PRIVATE MARINA...THIS PROPERTY COMES WITH A SLIP WITH A 20K LB. LIFT. THE DOCK HAS POWER, WATER AND A PRIVATE DOCK BOX FOR YOUR BOATING NECESSITIES. THIS HOME/BOAT SET-UP IS A DREAM COME TRUE.  SNOWBIRDS AND SUNBIRDS ALIKE NEED TO SEE THIS ONE.  COME SEE ME THERE ON SUNDAY, JUNE 10TH FROM 1 -  4 PM.  FOR A COMPREHENSIVE BROCHURE OR VIDEO TOUR LINK, KINDLY CONTACT ME AT: 772-286-0579.

PLUMBAGO TRAIL PHOTO COLLAGE

Sewall's Point Beauty! 100 Hillcrest is Open NOW until 4:00.

Old Florida meets Downton Abbey.
A simply gorgeous 3 bedroom pool home with crown moldings, marble floors and a chic feel to it. But at 2400 sf., one will hardly get lost. A spot on price of $569,700. Bring only toothbrush and crystal brandy snifter
perhaps?

LAKESIDE TRAIL IN NORTH RIVER SHORES IS OPEN TODAY

1470 NW LAKESIDE TRAIL

NORTH RIVER SHORES

Open today from 1:00 - 4:00pm

Built CBS solid and upgraded throughout.

• You can bring your boat(s) as this dock has room for not one but three boats and has a 7,000 pound lift.
• You can bring your extended family as this home also has an attached apartment with it's own kitchen.

3500 sq. feet     Heated pool   Central water and sewer   4 beds-4 baths  Great location

Price reduction to $610,000

Making Shorter Work of Short Sales

Every good thing (not to be confused with a sure thing) comes with a not so good thing. In the case of buying property that has been designated a "short sale" that not so good thing is the amount of time it can take from the signing of the offer to acceptance to dare we say it...The Closing. Why why why does it take so long when all one is trying to do after all is help the bank and the distressed property owner?
With a plethora of complaints from all over the country, Freddie Mac and Fannie Mae finally agree. They agree so much in fact, that there are now new guidelines that will be implemented starting on June 15th. With Freddie Mac having completed an amazing 45,623 short sale transactions last year and more sadly expected well into next year, these new guidelines couldn't have come soon enough. Some highlights of these new guidelines are:

• Loan servicers (um...banks) must make a decision within 30 days of receiving an offer under Freddie Mac's short sale program and a completed Borrower Response Package (BRP) requesting consideration for a short sale under HAFA or Freddie Mac's traditional short sale program. 
• If the lender requires more than 30 days to respond, it must give the homeowner a status update on a weekly basis (or more), and decision must be made within 60 days.
• If the loan servicer counters an offer, the borrower must respond within 5 business days . The servicer/lender/bank then has another 10 days more to respond to the borrower/buyer. 

Even though this is still an inequitable negotiation, it is much better than it has historically been for borrowers and buyers who just want to move on with their lives.
Way to go Federal Housing Finance Agency for insisting on these guidelines that make short sales a viable alternative to adding more foreclosures to the real property for sale pipeline.

Welcome back Speed Racers. Let the Sailfish Regatta begin!

After a long hiatus, the Saildfish Regatta is coming back to Martin County and specifically the Indian River Lagoon this weekend, April 14th and 15th. Whether you plan to watch this 2 day event from the water or from the Stuart Causeway, it is truly going to be a thrill.  With speeds close to 150 miles per hour, the hydroplane hoats will be SERIOUSLY getting it on. Safety and marine awareness are crucial and a top priority at this event.
Please visit the website for detailed info (and VIP tickets).  http://stuartsatilfishregatta.org/

I will be aboard the Leilani all do Saturday, sipping mojitos and feasting on pulled pork with my Captain, Wayne almost-been-married-a -year Overton and friends watching the screaming wonders of water planing muscle, streak by. On Sunday you will find me NOT at an Open House, but volunteering for the Realtor Association of Martin County at the Regatta. I will be one of the ones in a sexy RAMC/Sailfish Regatta t-shirt meeting and greeting Regatta guests.

Come out for the day or for both days for racing, food, music and FUN FUN FUN!
Hope to see you there  :)))

STUART SAILFISH REGATTA - THIS WEEKEND, APRIL 14TH AND 15TH

OPEN TODAY: HARBOUR POINTE BEAUTY IN PALM CITY.

625 SW Lighthouse Drive

Harbour Pointe 1- 4 p.m. today

                                    OFFERED AT $370,000

 

Today I will be showing this beautiful 4 bedroom home.

Built in 2005 by the DiVosta Company, this 3000 square foot concrete

 construction home has it all...

With an oversized garage and infinite interior possibilities, 

this is the perfect family and/or extended family home.

Lake views and 8 foot doors throughout.

Oh. Did I mention the low HOA fees and Harbour Pointe's 

close proximity to Grade A schools and sublime living and 

living and boating amenities?

Hope to see you there!

 

Time to buy buy buy? Mr. Buffet agrees!

Warren Buffett, the billionaire investor and Berkshire Hathaway CEO, said on CNBC’s “Squawk Box” recently that he’d “buy up a couple hundred thousand” single-family homes if it was practical.

Buffett said that’s because he believes purchasing a home with ultra-low mortgage rates and holding it for the long-term has become a better investment than stocks right now.

“Housing will come back, you can be sure of that,” Buffett wrote in his annual letter to shareholders recently.

Buffett forecasts an increase in household formations, as more people who moved in with their parents or family members during the recession look to move out and get their own home soon.

“People may postpone hitching up during uncertain times, but eventually hormones take over. And while ‘doubling-up” may be the initial reaction of some during a recession, living with in-laws can quickly lose its allure,” Buffett said.

Buffett said the recovery in the housing market could vary quite a bit among local housing markets, however. He did not provide a timeline of when he expected a full housing recovery, admitting that his prediction last year that a housing recovery will take shape within the year turned out to be “dead wrong.”

Source: “Housing Market Forecast Beyond 2012 From Warren Buffet,” International Business Times (Feb. 28, 2012) and “Warren Buffet on CNBC: I’d Buy Up ‘A Couple Hundred Thousand’ Single-Family Homes If I Could,” CNBC (Feb. 27, 2012)