Fort Lauderdale Beach Real Estate

Jon C. Mumford, REALTOR-ASSOCIATE, CRS, ePRO, GRI, GREEN, RECS, SFR, SRES

Posts Tagged ‘buying a homes’

NAR’s sustainable property designation

Posted by fortlauderdalebeachrealestate on March 30, 2010

I’ve just received my Green designation from NAR, the National Association of REALTORS.  This is a newer designation and advocates the goal of education and adoption of green real estate principles.  As buyers and sellers continue to address issues of energy efficiency and smart building practices, the market will continue to evolve and green properties will become increasingly prevalent.  I can now provide knowledge in this evolving market.

This is my 7th professional designation/certification and shows the dedication I have to my career and continuing education.

  • CRS-Council of Residential Specialists, most prestigious designation held by only 4% of REALTORS
  • ePRO-Technological designation
  • GRI-Graduate Realtor Institute
  • RECS-Real estate cyber society
  • SFR-Short sale foreclosure resource
  • SRES-Seniors real estate specialist

Posted in Blogroll, Buying Real Estate, Fort Lauderdale Real Estate, Just for Fun, Real Estate News, South Florida Real Estate News | Tagged: , , , , , | Leave a Comment »

Questions about extended home buyer’s tax credit? I have the answers.

Posted by fortlauderdalebeachrealestate on January 12, 2010

Here is a link to a great website that has all the information buyers need to know about the extended and expanded home buyer’s tax credit.  Housing Market Facts

Real estate questions?  Call me.

Jon

Posted in Blogroll, Buying Real Estate, Fort Lauderdale Real Estate, Real Estate News, Selling Real Estate, South Florida Real Estate News | Tagged: , , , , , , , | Leave a Comment »

Cool New Tool For Homeowners

Posted by fortlauderdalebeachrealestate on December 8, 2009

Check this out, it is a great resource for anyone that is a homeowner.

What is HouseLogic.com?
HouseLogic is a free source of information and tools—from the NATIONAL ASSOCIATION OF REALTORS®—that can help you make smart and timely decisions about your home.  
What can HouseLogic do for me?
With content covering home improvement, maintenance, taxes, finance, insurance, and even ways you can get involved in and enrich your community, HouseLogic can help you increase and protect the value of your home by helping you make confident decisions

Jon

Posted in Blogroll, Buying Real Estate, Just for Fun, Selling Real Estate, South Florida Real Estate News | Tagged: , | 1 Comment »

Fantastic New Tool Available

Posted by fortlauderdalebeachrealestate on November 17, 2009

I am so excited about this new tool I have available…

I’ve just begun to use “Announcemymove.com” and I want to share it with everyone that I know!  It’s a fantastic tool that will allow me to create custom web pages for not only my clients, but my friends to share with their network and friends.  You have the ability to customize the page, add photos and embed a video.  You can then send it to your friends and share it with your network on Facebook if you a user.   Click here to see!

Posted in Buying Real Estate, Fort Lauderdale Real Estate, Just for Fun, Real Estate News, Selling Real Estate, South Florida Real Estate News | Tagged: , , , , , , | Leave a Comment »

FHA eases some new condo lending rules

Posted by fortlauderdalebeachrealestate on November 12, 2009

x29659937Received GOOD news yesterday from Kimber White at Eastern Trust Lending…

We just got some great news concerning condos in Florida from FHA. We can still continue doing spot approvals until Feb. 1st 2010 with possible extension after that but that is at the discretion of each lender still and 90% of lenders won’t do spot approvals but we are a direct lender and still can do spot approvals. Also under the new guidelines there only can be up to 50 % of FHA loans in a project instead of the old guideline of 30%.  Another great change is the percentage of owner occupied has been changed.  The % of owner occupied units is now 40% but the great news is that we can exclude bank owned and short sale listings when calculating those ratios which will get over the hurdle of the foreclosure issue.   Another change is the budget which used to read that there had to be 12 months reserves at time of spot approval.  The new change states that the association must show the ability of reserves over the past 12 months and ability to support the association in the future.  Another great change pertains to new contruction and conversion projects it used to have to be 50% pre-sold to get an FHA loan now its 30% pre-sold.  Also we now have a direct line to get the new projects approved with FHA during preconstruction. 

In summary this is great news I have attached the guideline changes and the bullet points of those chages.   I have 20 years in the industry and am very versed in FHA and can still do spot approvals so please feel free to call me with any questions on this and lets move some condos.  Kimber White, Eastern Trust Lending, 954.696.1436

Click here to read the entire document.

Posted in Buying Real Estate, Condominium Info, Fort Lauderdale Condos, Fort Lauderdale Real Estate, Real Estate News, Selling Real Estate, South Florida Real Estate News | Tagged: , , , , , , | Leave a Comment »

Introducing Betty Scherer…

Posted by fortlauderdalebeachrealestate on November 8, 2009

BettyI am thrilled to introduce Betty Scherer.  We have recently joined forces as REALTOR-ASSOCIATES with Century 21 Hansen Realty in Fort Lauderdale, Florida.  Betty brings with her many years of business experience in many different capacities throughout the United States, Europe and South America.  In addition to being a licensed REALTOR, Betty holds the following professional designations:  CIPS, Certified International Property Specialist; CIIIS, Certified International Investment Immmigration Specialist; TRC, Transnational Referral Certification in addition to being a member of the National Association of Realtors and RAGFL, Realtor Association of Greater Fort Lauderdale.  Whether buying or selling in South Florida, call Betty and Jon for top notch 5 star services.  Our knowledge of the local market, combined with the worldwide name recognition of the Century 21 Real Estate Network and our extensive internet marketing programs assure you of a win-win situation, whether you are looking to purchase or sell property in the Greater Fort Lauderdale area.  Welcome Betty!

Jon

Posted in Blogroll, Buying Real Estate, Fort Lauderdale Condos, Fort Lauderdale Real Estate, Just for Fun, Real Estate News, Sales Statistics, Selling Real Estate, South Florida Real Estate News, Testimonials, Uncategorized | Tagged: , , , , , , , , | Leave a Comment »

November e-News

Posted by fortlauderdalebeachrealestate on November 5, 2009

Coconut Grove

 

 

 

 

 

Wow, November already?  Hope everyone had a great Halloween.  Lots of good things to share with you this month.  Activity in our market continues to pick up and gain momentum.  The statistics just came out for October in Broward County and there is fantastic news in the numbers again.  Sales for single family homes are up 36% and available inventory is down 46%.  Condo/Townhomes showed an increase in sales of 66% over 2008 and available inventory is down 35%.  For more details check out the post below this one for all the numbers.

  • Homebuyer tax credit extension.  The senate has approved a 7 month extension of this tax credit with some added benefits for buyers who are not first time home buyers.  This will go a long way in helping to continue the upward trend in the real estate market.  It still has to pass the house and get to the president for his signature, but all signs are pointing to a positive outcome.  Click here to read the full article.
  • Short sales continue to be a big part of our market and there has been one big change in how 1st lien holders are handling them.  In the past the first mortgage was looking to recover 75-80% of what is owed-which didn’t always work depending on the amount owed and the current market value.  Now, they are accepting current market value or close to what the last comparable property closed for.  If you want more information, click on the tab above “Short Sales”.  And if you’re looking for an experienced title company that is excellent in closing them, the only game in town is Roberto & Associates, 954.776.7498, Joe Roberto.
  • I have 2 great opportunites listed-$69,000 one bedroom condo in Wilton Manors, down the street from the “Drive”.   And a one bedroom condo in Coral Ridge for $67,000 can be rented immmediately.  Lastly, looking for an inexpensive rental?  $975, two bedroom two bath also down the street from the “Drive”

Some great feedback  to share from satisifed clients-

  • “Jon is the most intuitive real estate agent I know – as well as the most patient. After describing the kind of house I wanted to purchase he took me right to my ideal home. Of course I wanted to see more and Jon worked with me and took me to see other properties. It did not take long for me to know that the first house Jon showed me was the one and I bought it. He was extremely helpful post-sale in recommending the absolute best service personnel – carpenters, etc. I highly recommend Jon as a realtor.”  Steve Cantrell
  • “As a first time home buyer I chose you as my REALTOR because my parents had used you when purchasing several properties.  We spent long hours and several months looking at homes.  It seemed like I was never going to find anything, but you kept me on track and finally found the perfect home for me.  You were so knowledgeable, helpful, and patient.  You were there for every little problem I encountered and referred me to a wonderful mortgage broker (Jim Monninger) who guided me through the involved loan process.  Thank you so much for your help and I will be recommending you to anyone I know who needs a REALTOR.”
    Andrew Toy

Jon

Posted in Blogroll, Buying Real Estate, Condominium Info, Fort Lauderdale Condos, Real Estate News, Sales Statistics, Selling Real Estate, Short Sales, South Florida Real Estate News | Tagged: , , , , , , | 1 Comment »

Century 21 forms exclusive partnership with Ace World-Wide Moving & Storage

Posted by fortlauderdalebeachrealestate on November 13, 2008

Ace World-Wide is a reputed national mover, a recognized agent of Atlas Van Lines and has won the Hauling Excellence Award 8 years running. This partnership will offer my clients discounts of up to 66% on their moving costs, free in-home estimates, guaranteed pricing and service guarantees. This special offer can also be extended to friends, family and neighbors of my clients. This is a new program which was just rolled out last month.
We also have a partnership with PODS, Portable On Demand Storage that offers 10% off local moves, 10% off the first month’s storage and 5% off long distance moves. These are just two examples of numerous partnerships Century 21 has formed that benefit my clients and help save them money which has never been more important than in today’s economy. Feel free to call or email with any questions.

Posted in Blogroll, Buying Real Estate, Moving, Selling Real Estate | Tagged: , , , | Leave a Comment »

Search the MLS in 12 languages!

Posted by fortlauderdalebeachrealestate on October 30, 2008

You can now search for properties in South Florida in one of 12 available languages!  Simply go to my website, www.jonmumford.com, and click on the country of your choice and off you go-this is great given the large number of foreign investors and buyers we have coming to South Florida everyday.

Jon

Posted in Buying Real Estate, Selling Real Estate | Tagged: , , | Leave a Comment »

Positive News

Posted by fortlauderdalebeachrealestate on October 24, 2008

I just closed on this listing last Friday and wanted to share the positive feedback I received from the sellers.  We had the property under contract in 63 days with a cash buyer from the Northeast.  A completely smooth transaction and further proof that there are positive things happening in our market everyday.

“Thank you Jon for all your help.  We will be happy to forward your name to anyone interested in a good REALTOR in Ft. Lauderdale.  We’ve appreciated your professionalism and positive attitude!  We wish you all the best!”  Joanne & Christophe Hanckowiak

Jon

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