Real Estate On Tap

Hot Topics

Estada at Monterra in Cooper City, FL – Looking for a NEW Home?

New Construction in Cooper City, FL

If you are looking to buy a house in the Broward county area let me refer you to one of Lennar’s newest projects. Estada at Monterra is a brand new development in Cooper City, FL.  With models starting at $399,990 and 5 to choose from, we are sure you will find the house that fits your needs. For more information regarding the new neighborhood please give James San Martin a call at (954) 306-7251.

Call 954-347-3799 to set your appointment today or enroll NOW on our “Property Search” page to be automatically emailed the listings of your choice!

Tags: copper city, estada, monterra, new homes

Housing Bubble – Who Caused It?

Federal Reserve Debates the CAUSE

As we close out 2010, the debate over whether there was a housing bubble has long been answered with a resounding YES!  The new question, the more important question is WHO or WHAT caused the bubble?  that question was the topic of debate at a Federal reserve symposium aimed at containing asset prices years after the crash.

Stanford University Professor John Taylor

“In a sense, the fed caused the bubble”, noting that the priority should be not to crate bubbles in the first place.

Former Fed Governor Randal Kroszner

“It was politically difficult to tackle the housing boom because it could be contrary to many other government policies intended to make housing more affordable”.

Smart Minds Do Not Think Alike

The bottom line is that this debate will be ongoing.  many of the sharpest minds are at opposite sides when evaluating the causal link of the bubble and therefore offer very different strategies for avoiding another one.

The Positive Spin

If there is a positive, it is that they are holding debates on the subject which at the very least, shows there is a concerted effort to avoid the next housing crash.  This is a proactive step in ultimately rebuilding the strength and sustainability of the market, which is integral to this country’s overall economic health and recovery.

We have the tools, technology, law and business backgrounds and above all else, the attitude to get you the best deals out there.  Call or contact us to find out what we can do for you!

Tags: federal reserve, housing bubble, john taylor, kroszner

TAO Sawgrass – Very Unique Luxury High-Rise in the heart of Sunrise, FL

TAO SAWGRASS – Sunrise, FL

This upscale High Rise development features 2 contemporary, 26-story condo towers located in the heart of Sunrise, FL. It is the first and only high-rise in Sunrise, in the western part of Broward County.

Resort Amenities

It offers all the amenities of a Resort with a very centralized location, next door to the world famous SAWGRASS MALL; and only 15 minutes from the Fort Lauderdale Beaches.

Many Floorplans Available

A wide variety of one, two and three-bedroom floor plans are available for sale and rent, with at least 1,100 to 1,870 square feet of living space and gorgeous views of the lake and Fort Lauderdale skyline. Very affordable prices starting in the low $200s with financing available.

As a South Florida real estate agent and one of the “EWM Guys”, I am always here to assist. Check out my profile to learn more about me.  And, if you are interested in previewing any of these great units or have questions, leave a comment below, contact me or direct number (954)224-8385.

Tags: condo, For Sale, high-rise, luxury real estate, sawgrass mall, sunrise, Tao Sawgrass

Foreigners Can Finance Homes With Only 30% Down!

Great News For Foreigners!

Instead of tying up all your cash when investing in Real Estate, you now have the option of financing up to 70% of the property value. We can finance all type of residential properties including high rise condos, town homes, condo-hotels and single family. Also, we can finance up to 2 properties per investor and title of property can be under a corporation name.

Minimums and Maximums

Minimum loan amount is 100K and there is no maximum. We go up to $2Mill plus.

Qualifications

To qualify is easier than ever, all we need is an accountant letter from country of origin referencing income for the past 2 years and current, 1 banking credit reference with a 24 month history, current visa and passport and if all funds for the purchase are in a US bank account, no questions asked.

An award-winning mortgage banker, Andres has consistently proven to be one of the best in the industry. Contact Andres today at 786.556.1115 or via email to receive the personalized service you deserve and the home financing solutions you need!

Tags: Agents, First Time Homebuyers, For Sale, luxury real estate, real estate, south florida, Tax-Credit

Tax credit extension approved!!!!

90 Day Reprieve

We’ve passed the June 30 deadline for extending the tax credit deadline, but finally the U.S. Congress approved a bill extending the closing deadline for home buyers trying to take advantage of tax credits ($8k for first timers and $6,500 for primary residences).

Must Have Been Under Contract By April 30, 2010

Home buyers with contracts signed by April 30 who failed to go to closing by the June 30 deadline will now have until September 30 to complete their purchases, assuming that the President signs it.

Tags: Cash Buyers, First Time Homebuyers, Tax-Credit

House votes to extend homebuyer credit 3 months!

The 11th Hour

Well there was drama, but at the end of the day, the tax credit for home buyers will be extended to September 30th.

Great News For Local Markets

Now, areas where the EWM Guys list and sell homes will once again create a sense of urgency and facilitate more transaction that might normally be realized.

Broward County To Stay Hot

Areas like Weston, Davie, Southwest Ranches, Plantation, Southwest Ranches, Sunshine Ranches, Pembroke Pines, Miramar, Hollywood, Hallandale, Las Olas, Fort Lauderdale will all benefit from this news.  The market is beat up but sales have been brisk and the uptick in activity is a positive for the industry!

For more updates bookmark us or feel free to add a comment.  The EWM Guys would love to hear from you!

Tags: Agents, broward, Cash Buyers, Davie, First Time Homebuyers, miami, sunrise, Tax-Credit, weston

Chinese Drywall Trial Starts In Miami, FL

Country’s First Trial Involving Domestic Distributor

The Chinese Drywall case against Banner Supply was underway with jury selection Monday morning in front of Miami-Dade Circuit Judge Joseph P. Farina. The suit alleges that Banner was aware of the product’s defects and never informed customers.

Determination Made Against Knauf Plasterboard Tianjin

A federal judge already decided earlier this year that the German & China-based drywall maker (Knauf) had manufactured sub-standard products which release sulfur at higher levels than normal, causing corrosion of electrical wiring and metals.  But this is the first time that homeowners are taking a building supply distributor. Read the rest of this entry »

Tags: banner supply, chinese drywall, colson hicks, kanuf, lawsuit, legal, luxury real estate, miami

Judge Bailey Lays Down The Gavel

Sending A Message

Miami-Dade Circuit Court Judge Jennifer Bailey sent a message to every  lender who presupposes that simply being owed money by a borrower is enough to circumvent laws, orders or anything else that under any other circumstances would simply not be tolerated in a court of law.

Eslava vs. HSBC

The substance of the case was this:  A borrower was looking to his lender for a loan modification to make payments more affordable.  Essentially unable to come to terms, the lender’s motion to foreclose was granted … but, HSBC (the lender) lost the note.  Because of this, the court mandated that the lender post a bond to avoid any issues from another lender filing a claim against the borrower. Read the rest of this entry »

Tags: florida default, foreclosure, lawsuit, loan mod, loan modification, short sale

Homeowners Insurance Crisis

The Long Awaited Update

It has been over four years without any storms and Florida insurance policy cancellations are continuing this year.  Florida’s largest private property insurance company is moving forward with an approved plan to cancel 125,000 policies on homes, condominiums, and mobile homes. While this is good news compared to the estimated 700,000 policies it was originally planning on non-renewing, this is still a significant number of Florida homeowners who are going to be scrambling to find new coverage.

Cancellations Uptick In Florida

Another large national company announced plans late last year to cancel another 60,000 policies as it continues to cut back its Read the rest of this entry »

Tags: allstate, flood insurance, homeowners coverage, hurricane, insurance, seth friedman

Featured Community – Long Lake Ranches in Davie, FL

Davie, Florida Real Estate

Are you looking to sell your home in Long Lake Ranches?  Let our experienced team sit down with you to discuss all the bonuses you’ll get when listing with The EWM Guys.  James San Martin is a knowledgeable Realtor in Davie that can make selling your home a piece of cake.  Give us a call! 954.347.3799

Unrivaled Knowledge

• Offering the highest level of luxury home and condo savvy.
• Maximum exposure with Internet marketing.
• Expert Resources
• Berkshire Hathaway’s EWM Realtors
• Affiliate of Christie’s Great Estates, Inc.
• Subsidiary of HomeServices of America Lending, Inc
• Top-Rated Clientele Service

The Team Approach

James is part of Jason Kapit’s Team at Berkshire Hathaway’s EWM Realtors, with 10 offices located in South Florida. We concentrate our efforts on high-end residential properties and luxury communities. Jason, James and David have been able to establish an extraordinary resume marketing luxury real estate.  Our clientele recognizes us as the “EWM Guys” whose combined experience and knowledge of South Florida’s real estate trends paired with the #1 real estate firm makes us the most dynamic real estate team in South Florida.

Visit us at www.RealEstateOnTap.com or www.JamesSanMartin.com and bookmark our sites.  You may not be ready to buy or sell now, but we are here when you need us!

Tags: Davie, ewm, florida, For Sale, james san martin, Listings, the ewm guys