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Title insurance is practically a necessity when it comes to selling real estate. Title companies such as First Priority Title Company are responsible for conducting the closing and running the title search. Title insurance is there to protect parties in the event there is an issue with the insurable title to the property. Title insurance is separate from that of the lender or mortgage company.  The value of the home isn’t covered by the lender, therefore, title insurance is obtained.

Abstract of property is a total and condensed history of the real estate property. At times people are unaware of issues that may affect their property. The most common issues are unknown easements, false impersonation, forgeries, adverse restrictions or encumbrances,

Welcome to 217 N Latitude Circle, Delray Beach, FL 33483 Latitude Delray (MLS: RX-10194659)

FORMER BUILDER'S MODEL!

This gorgeous 3 stories townhouse is the ultimate in convenient living. Perfectly located East Delray Beach, minutes from the famous shopping & restaurant of Atlantic Ave, 3.5 miles from one of the best Florida beach, With 4 bedrooms 3 and 1 half bath including a suite with a separate office/den, a private patio and 2 car garage allowing additional storage space, this move-in ready townhome has it all! high ceilings throughout, impact glass, plantation shutters on all windows, wood floors, central vacuum, granite and new stainless kitchen appliances, open floor plan, vaulted ceiling in master, balconies for morning coffee, gorgeous

Welcome to 500 SE Mizner blvd unit A-807, Boca Raton, FL 33432, Townsend Place (MLS: RX-10189784)

5 star gated building, with concierge & valet. Spectacular view, overlooking the condominium's lush pool area, the Boca Raton Resort golf course and the ocean at a distance. This 8th floor, lower penthouse unit, faces South East, and has 9 ft ceilings. Recently updated, the unit has 2 bedrooms, 2 full baths, marble flooring, electric shades, large crown molding throughout, built-in closets in both bedrooms, newer A/C unit (2011), and double sliding patio doors leading to a large balcony. The gourmet kitchen includes marble counter tops. The Master bedroom ensuite has twin sinks, separate shower and tub, and a separate room for the toilet and bidet.

Month of November 2015, Boca Raton condominium in 33432 real estate market
(source: TrendGraphix)

In Boca Raton, 33432 is a prime zip code. It encompasses downtown Boca Raton, all the way East to the intracoastal and the ocean. These are usually luxury condos.
 

Downtown Boca is a 344-acre, pedestrian-friendly district of shops, businesses, restaurants, entertainment and luxury homes and condominium.
It was here that famed 1920’s architect Addison Mizner established his signature Spanish-Mediterranean style, which went on to become the hallmark of our buildings. Many of them have been meticulously restored to their former glory, and new construction here imitates the unmistakable Mizner style. The well known Mizner Park area, one of the earliest

Month of September 2015 Palm Beach County real estate market
(source: Realtors' Association of the Palm Beaches)

            
From year to year September 2014 to September 2015 for single family homes:
The number of closed sales increased by 12.8% (to 1,529)
The median sale price increased by 5.9% (to $285,000)
The median days on market decreased by -35.2% (to 35)
The months of inventory supply decreased by -20.2%  (to 4.5)
The single family homes real estate market in Palm Beach County is accelerating. The inventory is becoming scarce both in availability and number of days they remain on the market is dramatically decreasing. Consequently sold prices have increased and there are fewer homes available for sale.
If you are interested in selling your home,

Jean-Luc Andriot explains why autumn is a great time to purchase a luxury home or condo in South Florida.

Fewer competitors

“Just like the seasons, the housing market experiences ebbs and flows,” Jean Luc Andriot says. “In the spring, sellers are hot to get their properties on the market. It’s a more popular time to put a home on the market, and the season is quite busy with home transactions.”

“However,” Jean-Luc adds, “homeowners will often list their home prices too high, which leads to a series of price reductions in the coming months.”

Mix that with families who want to already be settled before the new school year, and you have yourself a less competitive South Florida market, leading to lower prices and higher chance that you’ll end

So you have a contract on a new real estate property and if you are borrowing money, here are the following important impacts to closing:

The borrower must receive the Closing Disclosure three (3) business days prior to closing. It is considered to have been received three (3) business days after placing in the mail. Therefore, generally the lender will need to mail the initial closing disclosure at least six (6) business days prior to consummation. This change, while beneficial to the borrower, does put emphasis on timeline targets.

Short timeline closings will require urgent attention by all parties. Borrower, realtors, title/settlement agents, etc. will need to provide required information in a timely and urgent manner to ensure the closing

You know in your heart that now is the time to buy a luxury home or condominium in South Florida. 

Should I buy or sell my house with or without an agent?

With such a high volume of gizmos and gadgets that allow buyers and sellers to conduct their own real estate transactions, it may seem tempting to proceed without an agent, even in the luxury market. Surely, it is possible to save money going about it by yourself, but it can also end up costing far more than a real estate agent's commission in the longrun. Buying a home is a tremendous financial and emotional process that can be made more efficient with the support of an agent.

Save time and get better access

Real estate agents like Jean-Luc Andriot and his team have access to thousands

To help you stay informed on what's happening in the luxury real estate market in Boca Raton, we've put together the latest inventory statistics for condominiums, single-family homes and townhomes on properties that are priced over $1,000,000.

Boca Raton Market Update - July 2015 Inventory

Of the total number of luxury transactions (defined as $1,000,000+) in our Boca Raton MLS system in the last six months, 439 are active listings, 66 are currently under contract and 223 are transactions that have

Month of May 2015 Palm Beach County real estate market (source: Realtors' Association of the Palm Beaches)

From year to year May 2014 to May 2015 for single family homes:
The number of closed sales increased by 6% (to 1,739)
The median sale price increased by 6% (to $295,400)
The median days on market decreased by -25% (to 42)
The months of inventory supply decreased by -21.1%  (to 4.7)
The single family homes real estate market in Palm Beach County is accelerating. The inventory is becoming scarce both in availability and number of days they remain on the market. Consequently sold prices have increased. Consequently there are fewer homes available for sale.
If you are interested in selling your home, now is a good time to list your home for sale!