Melbourne Real Estate News, Brevard County FL Real Estate by Sandy Shores REALTORĀ®

head_left_image

On Closing Day the Buyer Gets the Keys and Takes Possession

On Closing Day the Buyer Gets the Keys and Takes PossessionHere in Florida, typically, on the day of closing, the buyer and the seller sign their documents for the property the buyer is purchasing.  Often, each party sits at a different closing table, at different times, depending on scheduling and the complexities of the transaction. It takes the buyer longer as he has more documents, especially if he is getting a mortgage.

On this day, it is customary for the seller to have all of his belongings out of the property, with no expection of returning to the house.  The seller must be prepared to hand the keys over to the new buyer and walk away.

Customarily, the buyer does a walk through on the property before heading to the closing, to be sure that the house was as he last saw it.  He should be sure that all the appliances and anything extra that was written into the contract is left with the house.  And, he should be sure that all of the seller's belongings have been removed from the property.

But, what happens when a seller hasn't gotten all of his belongings out of the property prior to closing?  Well, it can turn into a bit of a precarious situation for both parties.  Technically, when the buyer and seller sign the closing documents, the house becomes the property of the buyer.  And, if items are left behind, they also become the property of the buyer. 

So, sellers when closing day rolls around, remember, all of your belongings should be out of the house. 

Melbourne FL Real Estate

Search for Melbourne FL Homes for sale

Brevard County Real Estate Photos

Visit Sandy Shores, Melbourne Real Estate Agent, Google Profile page

I specialize in Brevard County Real Estate - Residential, Investment & Relocations.

We have a team of professionals to facilitate your Short Sale.

I also buy, sell, rent, own and manage Melbourne Real Estate & Investment Property

 

 

 

                                                     Let me Sandy Shores Melbourne FL Realtor that for you

Sandy Shores Active RainSubscribe to my Blog - Sandy ShoresSandy Shores Facebook AccountSandy W Shores TwitterSandy Shores FlickrSandy Shores Linked In profile

Shortage or Overage?

Escrow Account Analysis Statements

Yesterday, I received my Escrow Analysis Disclosure Statements in the mail.  

At least once every twelve months your mortgage company reviews the amount of taxes, insurance and mortgage insurance, if applicable, being paid from your escrow account. In our area this is typically done in November, when taxes are paid and statements are mailed in December.

If they have collected too much over the past 12 months, typically they will spread the overage throughout 12 months, and lower your escrow payment, thus, lowering your mortgage payment.  If the overage is too large, they will often mail a check back to you.

If the mortgage company finds that there is a shortage in your escrow account, they have not been collecting enough each month to cover taxes, insurance and mortgage insurance.  They will send a deficiency statement indicating the shortage amount, divide it by 12 and increase the escrow payment by that amount each month. Or, they may give you the option of mailing a check for the amount of the shortage, thus allowing you to leave your monthly mortgage payment the same.

If you think that there is a problem with your Escrow Account Disclosure Statement contact your lender directly.

 

Melbourne FL Real Estate

Search for Melbourne FL Homes for sale

Brevard County Real Estate Photos

Visit Sandy Shores, Melbourne Real Estate Agent, Google Profile page

I specialize in Brevard County Real Estate - Residential, Investment & Relocations.

We have a team of professionals to facilitate your Short Sale.

I also buy, sell, rent, own and manage Melbourne Real Estate & Investment Property

 

 

                                                     Let me Sandy Shores Melbourne FL Realtor that for you

Sandy Shores Active RainSubscribe to my Blog - Sandy ShoresSandy Shores Facebook AccountSandy W Shores TwitterSandy Shores FlickrSandy Shores Linked In profile

You've Got to Roll with the Changes

You've Got to Roll with the Changes

Times have changed, and they will continue changing.  The wheels of progress will continue moving forward.

Yesterday, my youngest daughter, Sam, was waiting to hear back from a friend on a project they were getting together to work on. 

"Sam, has Susan called?" I asked.

"What?"  she asked, as if I had just spoken in a foreign language.

"Has Susan called you yet, or do you need to try and get in touch with her again?"

"Mom, my friends don't call and either do I. We text each other," she responded nicely, but as if she was talking to a mentally challenged person.

Silly me, what was I thinking?  Now I remember Christmas day, where both of my daughter's phones never stopped buzzing with new text messages.  And, come to think of it, I don't remember ever hearing either of them having an actual conversation with anyone.

Funny, I still actually enjoy talking to my friends, rather than texting.  It's so much more personal than texting.  However, in the right situations texting can be invaluable.

Is it just me, or does all this teenage texting make your head spin?

Oh, how times have changed!

Melbourne FL Real Estate

Search for Melbourne FL Homes for sale

Brevard County Real Estate Photos

Visit Sandy Shores, Melbourne Real Estate Agent, Google Profile page

I specialize in Brevard County Real Estate - Residential, Investment & Relocations.

We have a team of professionals to facilitate your Short Sale.

I also buy, sell, rent, own and manage Melbourne Real Estate & Investment Property

 

                                                     Let me Sandy Shores Melbourne FL Realtor that for you

Sandy Shores Active RainSubscribe to my Blog - Sandy ShoresSandy Shores Facebook AccountSandy W Shores TwitterSandy Shores FlickrSandy Shores Linked In profile

A Time to Look Forward

A Time to Look Forward

Oh, the hustle and bustle of the season.  The busiest time of year... not always in real estate, but in other aspects of our lives.

This time of year has us running this way and that.  There are so many wonderful things to enjoy.  And, it seems that we try to do them all.. We never stopped running (just like everyone else).  I'd like to think that everything got done perfectly. But, it didn't.  But, you know what? It didn't matter.  No one noticed.  I spent time with my family and friends and to me that is truly the most precious gift of all - quality time.

When all the guests left on Christmas night and the dishes were washed, the mess was cleaned up, presents were put away, it was time to sit down.  I was content.  It really was a joyful holiday.

And then, I thought,  we have something else to look forward to.  The start of a new year, in just a few days. It's a time to look forward, instead of looking back.

Will 2011 prove to be everything we hope for?  Will it be a grand year? 

Or will it be, yet, another struggle, for so many?

I suppose that remains to be seen.

Melbourne FL Real Estate

Search for Melbourne FL Homes for sale

Brevard County Real Estate Photos

Visit Sandy Shores, Melbourne Real Estate Agent, Google Profile page

I specialize in Brevard County Real Estate - Residential, Investment & Relocations.

We have a team of professionals to facilitate your Short Sale.

I also buy, sell, rent, own and manage Melbourne Real Estate & Investment Property

 

 

 

                                                     Let me Sandy Shores Melbourne FL Realtor that for you

Sandy Shores Active RainSubscribe to my Blog - Sandy ShoresSandy Shores Facebook AccountSandy W Shores TwitterSandy Shores FlickrSandy Shores Linked In profile

The Joy of the Season

Part of the joy of Christmas is in listening to the

beautiful music of the season.

It warms the heart.

Melbourne FL Real Estate

Search for Melbourne FL Homes for sale

Brevard County Real Estate Photos

Visit Sandy Shores, Melbourne Real Estate Agent, Google Profile page

I specialize in Brevard County Real Estate - Residential, Investment & Relocations.

We have a team of professionals to facilitate your Short Sale.

I also buy, sell, rent, own and manage Melbourne Real Estate & Investment Property

 

                                                     Let me Sandy Shores Melbourne FL Realtor that for you

Sandy Shores Active RainSubscribe to my Blog - Sandy ShoresSandy Shores Facebook AccountSandy W Shores TwitterSandy Shores FlickrSandy Shores Linked In profile

Merry Christmas from Our Family to Yours

 

Merry Christmas from the Shores'

Merry Christmas to You and Yours!

Here's wishing you a beautiful season and hoping you get some quality time with your family!

Melbourne FL Real Estate

Search for Melbourne FL Homes for sale

Brevard County Real Estate Photos

Visit Sandy Shores, Melbourne Real Estate Agent, Google Profile page

I specialize in Brevard County Real Estate - Residential, Investment & Relocations.

We have a team of professionals to facilitate your Short Sale.

I also buy, sell, rent, own and manage Melbourne Real Estate & Investment Property

 

                                                     Let me Sandy Shores Melbourne FL Realtor that for you

Sandy Shores Active RainSubscribe to my Blog - Sandy ShoresSandy Shores Facebook AccountSandy W Shores TwitterSandy Shores FlickrSandy Shores Linked In profile

Two Million Pounds of Sculpted Ice - Best of Florida Christmas at Gaylord Palms

The Best of Florida Christmas Ice and Snow Show is being held at Gaylord Palms Resort through January 2, 2011. There is an ice exhibit with over 2 million pounds of ice sculpted to tell the story of The Night Before Christmas. The ice is sculpted by Chinese Artisans.  The exhibit is breathtakingly gorgeous.  It is amazing that everything you see is carved out of ice. The colored ice is beautiful.

Guests are given parkas to wear inside the ice exhibit because it is a cool 9 degrees.

And, enjoy the snow exhibit where you tube down a snow bank or play in the snow and make a snowman.

If you've never been to Gaylord Palms during the holiday season, it is definitely worth the trip.

Melbourne FL Real Estate

Search for Melbourne FL Homes for sale

Brevard County Real Estate Photos

Visit Sandy Shores, Melbourne Real Estate Agent, Google Profile page

I specialize in Brevard County Real Estate - Residential, Investment & Relocations.

We have a team of professionals to facilitate your Short Sale.

I also buy, sell, rent, own and manage Melbourne Real Estate & Investment Property

 

 

                                                     Let me Sandy Shores Melbourne FL Realtor that for you

Sandy Shores Active RainSubscribe to my Blog - Sandy ShoresSandy Shores Facebook AccountSandy W Shores TwitterSandy Shores FlickrSandy Shores Linked In profile

Not a Care in the World

Not a Care in the World by Sandy Shores

This picture was taken on the Eau Gallie Causeway in Melbourne, FL overlooking the Indian River Lagoon. 

This sailboat was one of many that we saw out on this beautiful day.

Melbourne FL Real Estate

Search for Melbourne FL Homes for sale

Brevard County Real Estate Photos

Visit Sandy Shores, Melbourne Real Estate Agent, Google Profile page

I specialize in Brevard County Real Estate - Residential, Investment & Relocations.

We have a team of professionals to facilitate your Short Sale.

I also buy, sell, rent, own and manage Melbourne Real Estate & Investment Property

 

 

 

                                                     Let me Sandy Shores Melbourne FL Realtor that for you

Sandy Shores Active RainSubscribe to my Blog - Sandy ShoresSandy Shores Facebook AccountSandy W Shores TwitterSandy Shores FlickrSandy Shores Linked In profile

Brevard County Real Estate Market Report - November 2010

Statistics for Brevard County FL Real Estate according to the Melbourne Area Association of Realtors

Currently there are:Brevard County Real Estate Market Report

4959 residential listings for sale

1521 rental listings available

1281 condos for sale

 349 townhouses for sale

 119 income producing properties

2371 vacant parcels for sale

Brevard County FL Real Estate, including single family residential, condo, townhouse and vacant lots:

There were 733 new listings.

There were 324 sold listings.

Average sales price was $141,210.

Highest price sold was $1,475,000.

Lowest price sold was $ 550.

Average days on the market were 135.

For single family residential units:

There were 480 new listings.

This is a decrease of 8.05% from November 2009 of 522 new listings.

There were 259 sold listings.

This is a decrease of 12.20% from November 2009 of 295 sold listings.

The average sale price in November 2010 was $142,503. 

This is a decrease of 9.39% from November 2009 of $157,269.

Average days on the market were 119, a 21.43% increase from November 2009 of 98 days.

Types of financing used for South Brevard County single family, condos, and townhouses:

148 cash

 80 conventional financing

 46 FHA

 10 VA

  0 Exchanges

  3 Owner financing

Melbourne FL Real Estate

Search for Melbourne FL Homes for sale

Brevard County Real Estate Photos

Visit Sandy Shores, Melbourne Real Estate Agent, Google Profile page

I specialize in Brevard County Real Estate - Residential, Investment & Relocations.

We have a team of professionals to facilitate your Short Sale.

I also buy, sell, rent, own and manage Melbourne Real Estate & Investment Property

 

                                                     Let me Sandy Shores Melbourne FL Realtor that for you

Sandy Shores Active RainSubscribe to my Blog - Sandy ShoresSandy Shores Facebook AccountSandy W Shores TwitterSandy Shores FlickrSandy Shores Linked In profile

Foreclosures are Being Put On Hold

Foreclosures are Being Put On HoldFreddie Mac has the holiday spirit.

On occupied, single family and 2-4 unit Freddie Mac properties, foreclosures will be suspended through the holiday season, from December 20 through January 3, 2011.

Distressed homeowners will have a couple of weeks not to worry about an eviction.

Melbourne FL Real Estate

Search for Melbourne FL Homes for sale

Brevard County Real Estate Photos

Visit Sandy Shores, Melbourne Real Estate Agent, Google Profile page

I specialize in Brevard County Real Estate - Residential, Investment & Relocations.

We have a team of professionals to facilitate your Short Sale.

I also buy, sell, rent, own and manage Melbourne Real Estate & Investment Property.

 

                                                     Let me Sandy Shores Melbourne FL Realtor that for you

Sandy Shores Active RainSubscribe to my Blog - Sandy ShoresSandy Shores Facebook AccountSandy W Shores TwitterSandy Shores FlickrSandy Shores Linked In profile