April 11, 2021

South Florida FHA Lending Restrictions

If you're planning on getting an FHA mortgage loan to purchase a South Florida condo, think again. It's probably not going to happen. The FHA has strict guidelines on which condominium complexes can have any more FHA purchase loans. The reasons for the restrictions date back to the Recession when many, many condo units were foreclosed at steep discounts. It's a new world now.

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Posted in Buyers
April 4, 2021

Are You Ready To Be A Section 8 Landlord?

The Department of Housing and Urban Development's (HUD) Housing Choice Voucher program, commonly known as Section 8 Housing, can be very advantageous for willing landlords. Very low income, senior or disabled prospective tenants must apply to be part of the program, and, if accepted, will usually have to agree to pay 30-40% of their income towards rent, and HUD will direct-deposit the balance directly to the landlord.

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Posted in Investors
March 28, 2021

Multifamily Investment Opportunities

South Florida multifamily properties offer an attractive opportunity for investors looking to maximize their return on investment. Instead of buying one property and renting it out, why don't you look into purchasing a multi-unit building? Generate four income steams instead of one. View Broward County properties at https://www.veritasrealestategroup.com/broward-multifamily-properties It's as easy as that. If the listings don't show the rent per unit, ask your Realtor to check out market rents for particular neighborhoods. A duplex, triplex or fourplex might me just the ticket for investment success.

Posted in Investors
March 21, 2021

Tips For First-Time Homebuyers

Buying your first home can be one of the most exciting and most stressful events in your life. Here are some ways to prepare for your pathway to ownership.

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Posted in Buyers
March 14, 2021

Florida Snowbirds

Snowbird is the term that we give to individuals who flock to Florida in the winter months to escape the cold. Many first-time visitors enjoy the glorious weather so much that they decide to buy a second home here. Some of them even move here permanently. If you're interested in knowing more about Broward County, you can download a FREE relocation brochure here. There are links to the websites of the major cities, and each listed city has an associated market report where you can view all the recent active, pending and closed sales listings. If you want, you can even create a market report for an individual neighborhood by clicking here.

If you're interested in a 55 and older active retirement community, check out one of our videos here

So, welcome snowbirds and give us a call or text if you need help. 954-554-4881.

Posted in Buyers, Market Updates
March 5, 2021

Getting Started in Real Estate Investing

If you're thinking that a steady stream of income and increasing equity in a property sounds interesting, you're right. For many people, it's a tried-and-true way to build wealth, but before you start, here are some things to consider.

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Posted in Investors
Feb. 25, 2021

South Florida Home Inspections

Home inspections in South Florida may be a little different from what you're used to in your area. Why? Because we have termites and hurricanes.

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Posted in Buyers
Feb. 21, 2021

Coral Springs Real Estate

Our Coral Springs market is very active right now. Many listings receive multiple offers within the first few days. Why? Because mortgage interest rates are low and there aren't a lot of properties for sale. Here are the figures for the past week:

  • 65 single-family homes priced $375,000 - $1M
  • 12 townhouses prices from $200,000 - $400,000
  • 100 condos priced from $70,000- $300,000. The majority of units are 2-bedrooms.
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Posted in Market Updates
Feb. 20, 2021

Coral Springs Subdivisions Map

Posted in Buyers
Feb. 14, 2021

South Florida Retirement Communities

South Florida Retirement Communities

Retirement communities offer a great opportunity for individuals to come together in a supportive environment. This document provides information on some of the more active available choices. Whether you’re interested in a condo, villa, or a single-family housing type of new home, there’s something for everyone in South Florida.

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Posted in Buyers