This home is a great investor opportunity. It will be open to the public on July 13. Occupant status varies and buyer assumes responsibility of occupancy. Less than 1 mile to Hollywood Beach, located across the street from West Lake Park, which offers tennis courts, basketball courts, volleyball court, children's playground, fishing, kayaking and canoeing, walking distance to all major shopping and bank, 5 minutes to I95, 595 and Ft. Lauderdale Airport and 10 minutes to Aventura.
- 1150Sq ft
- 0.00Lot size
- 2006Year built
- 132987456 MLS
Buyers, get an edge during the busy spring season
The spring and summer months are traditionally the busiest times of year for the residential real estate market. Weather is more cooperative and many families like to move while the kids are on their summer break.
But in recent years spring, for many regions, has meant more homes on the market, but also more buyers, fierce competition and an increase in prices. If you're in the market for a house this spring, there are a number of steps you can take to try to give you the advantage over other homebuyers, including:
Get your loan pre-approved. This will give an advantage on several fronts. First, it will be done and out of the way. Second, you'll know how much the bank is willing to loan you so you know in which price range to look. And third, it shows sellers that you're serious and ready to buy when you make an offer.
Figure out how much you have for a down payment. NAR says first-time buyers typically make a down payment of 6 percent on a home purchase, and 24 percent of down payment funds were gifts from relatives or friends. If that's not an option, there are many loan programs that accept down payments of five or three percent. And don't forget closing costs, which will often run two to seven percent of the property's purchase price.