Thursday, December 2, 2021

Tips for Florida Home Sellers Who Can’t Wait



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If the need suddenly arises to sell your largest investment, you might be feeling pressured and overwhelmed. This is particularly true for seniors and older adults who have made the decision to downsize. Thankfully, there are plenty of ways to give your home a competitive edge, so you land a quick offer. Whether you’re experiencing a lifestyle change or are simply ready to move on, consider the following tips and resources from real estate pro Antonio Ortega LLC that can lead you to success.

 

Cover the Conventional

There is a reason that certain home selling steps are conventional: they work. Cover your basics before you do anything else.


     Tackle any repairs and maintenance concerns.

     Pare down your belongings with a good decluttering.

     Do a stem-to-stern cleaning, hitting every room and storage area.

 

Eye-Catching Improvements

Thinking about projects that will add value to your home? The improvements that you can make are virtually limitless, so narrow the field to choices that really catch buyers’ eyes.

 

     First, get a feel for how an appraisal works.

     Since quality and condition affect an appraisal, upgrades can be critical.

     When it comes to renos for ROI, kitchens and bathrooms pack the most punch.

     Painting is a simple and inexpensive upgrade that pays off.

     Make necessary repairs; for example, if you have broken windows, contact local pros for window repair or replacement.

     Keep all your paperwork and receipts together on your computer to help speed up the selling process. You can easily scan the documents and then combine PDFs into one file.

 

Presentation With a Punch

A little extra polishing goes a long way when it comes to what buyers see when they walk through the door or stream a tour.

 

     Shed your personal style and stage the house with the buyer in mind.

     Hone in on curb appeal tactics.

     Lighting can make a big difference in your home’s atmosphere.

 

If you’re a seller with a timeline, don’t fret. These tips and resources will give your home the competitive edge necessary for a quick sale, and soon you’ll be making your transition.

Want to sell your home quickly and maximize its value? Work with dedicated real estate professional Antonio Ortega LLC of Global Luxury Realty. Call or text the office today at (954) 648-6095.


                   
        

Visit our Website:  www.SouthBrowardHomesbyTony.com

Antonio Ortega LLC Licensed Real Estate Professional with Global Luxury Realty




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Tuesday, November 30, 2021

Moving to Broward Florida?



Moving to Broward 


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If you are thinking about moving to Broward, FL to cities like Plantation, Davie, Cooper City, Southwest Ranches, Fort Lauderdale, Weston, etc.

Now is a good time to get a feel for the Home Market Discover You Dream Home in Broward, FL see the Homes for Sale Broward FL.

If you want to see what's available in the local area, let me know the cities that you are interested in, and I'll send you home listings so you can familiarize yourself with the going rate for that area.

 

Click Here Find Homes for Sale in Broward FL

 

People come to South Florida from all over the world and nationally form places like California, New York, Massachusetts, and all over the USA.

Top market for international buyers Broward County is part of the nation’s strongest real estate market for foreign buyers. International home buyers accounted for 36 percent or $6.1 billion of total sales volume in South Florida in 2015.

Relocation for those with EB5 Immigrant Visas: Homes Investor EB5 Visa - Broward South FL USA

 

Broward Home South FL

 


How Much will my Broward County, FL Home be worth in 5 years?

In the period of time from 2018 to 2023 Residential Real Estate Prices increased by a whopping 20% per year or close to 100% by 2023.

Is as though the world has taken notice and every one wants to move to Fort Lauderdale and nearby cities!

Going with a very conservative appreciation rate for Homes of 3.5% per year you can expect a $500K Home to appreciate to:

5 years $594K

10 years $706K

20 years $1 Million

Due to low interest rates and other issues home values in Broward County FL increased by at least 20% in 2021, so as you can see this is a conservative estimate of future value, we might get another interest rate decrease soon, we’ll have to wait to see how the home market will react, it is impossible to predict the future, we can only look back.

I can help you if you’re moving to Broward, FL to cities like Plantation, Davie, Cooper City, Southwest Ranches, Fort Lauderdale, Weston, and other cities in Broward County, we'll make your relocation easy.

 

Happy Home Searching!


                   
        
Visit our Website:  www.SouthBrowardHomesbyTony.com

Antonio Ortega LLC Licensed Real Estate Professional with Global Luxury Realty





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Wednesday, November 24, 2021

What to Consider Before Buying a Pool

 


Fort Lauderdale Broward County Pool Homes



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The sun’s out, the burgers are on the grill, and you’re in the mood for a swim - like millions of Americans, you’re thinking about purchasing a pool. We know, they’re great for exercise, Instagram photos, and parties but getting one built from scratch is no small undertaking and it’s worth doing some research first. Here are a few key considerations before you take the plunge.

Knowing the Yard

Wherever you are in the country, there’s a good chance you’re subject to zoning laws that relate to pool installation. Your license to construct a pool depends upon both federal, state, and county regulations and you’ll need to check with your local authorities before beginning the project to be certain that it’s legal.

Once you know that you can legally install a pool, the next step is to find the right space for it. Your considerations should include the size, geometry, and even geology of your yard - you need to make sure you have a loose understanding of these before you proceed. Will digging into your yard space disrupt utility lines? Is there any landscape in your way?

 Some of these obstacles can be worked around - for example, trees or branches can be removed or pruned by a service. A local tree service will be able to give you more space using official tools, gear, and equipment. Just make sure you read plenty of online reviews and ask for at least three upfront estimates before deciding upon a contractor (bear in mind, for tree disposal, stump grinding, and disposal should be included in the price).

Picking a Pool for Broward County Florida

There are two types of common domestic outside pools - above- and in-ground. Both have their advantages, and it’s not always clear cut which would cost you least or be most suitable so it’s worth, firstly, doing some reading. In-ground pools, while typically more expensive and labor-intensive, benefit from better customizability and durability and tend to look nicer than their above-ground counterparts. On the flip-side, they often require more maintenance and don’t always lend themselves to re-sale.

Above-ground pools don’t require excavation and so can be more quickly (and, usually more cheaply) assembled. They’re also safer and tend to require less upkeep, which saves you some money in the long term. As they’re less of a permanent fixture than in-ground pools, they can also be used (or not used) as a selling point when listing a property. Whichever option you go for, make sure to keep receipts and track improvements (including with before-and-after photos).

Installing and Beautifying

Once you’re set on the pool you want, it’s time to find someone to install it. Luckily, tracking down a contractor should be easy with a good directory. In a few clicks, you can find experts who will advise on the feasibility of the project and aid in the assembly whether above or in-ground. Make sure to only hire licensed, experienced professionals with liability insurance and carry out plenty of background checks first to ensure you’re getting a fair deal.

If you’re worried about the effect a pool might have on your garden’s appearance, then it’s worth first looking online for some design inspiration. There’s an abundance of styles and decorations you can apply to help the pool fit in nicely with your home’s natural environment and many of these needn’t break the bank.

Constructing a pool from scratch is no small feat and requires plenty of preparation but if you use the right experts and manage your risks, there’s no reason why you can’t splash out for next summer.

We can help you if you want to buy a pool home, in Fort Lauderdale, Plantation, Davie, Weston, Cooper City, Hollywood FL


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Visit our Website:  www.SouthBrowardHomesbyTony.com

Antonio Ortega LLC Licensed Real Estate Professional with Global Luxury Realty



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Monday, November 22, 2021

Invest in Fort Lauderdale Vacation Business

 



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Invest in Fort Lauderdale Commercial or Residential 

 

You know how it goes, you visit a place once, then suddenly you're spending half a million dollars on a vacation home to add to your arsenal of income streams. But it’s not always easy, and there are a few things that you should know before you dive deep into starting a vacation rental business.

Today, Antonio Ortega of Global Luxury Realty, LLC offers a bit of practical information to help you make the most of your investment.

 

Investing Options and Considerations

 

In the world of real estate investments, you have many options. Some people choose rental properties, which are essentially single or multi-family homes that people rent and live in for months or more. You might also choose to fix and flip properties for a one-time profit. A real estate investment trust is another option, but these are usually low buy-in and low returns. Investing in vacation properties is a great alternative if you want to both generate an income and have an essentially free place to vacation when you want to get away.

You can also do Airbnb, VRBO short term rentals where permitted and hire a property management company to handle everything for you. 

 

Cost of Ownership

 

There are many costs that go into a vacation rental. The first is the cost of the home, which can be as little as $500,000 to several million dollars or more, depending on where you plan to buy. Like your primary residence, you’ll also have taxes, insurance, maintenance, and more. However, unlike the place you call home, you may also need to pay for a vacation rental service.


Information Videos on Real Estate for the Fort Lauderdale Broward FL

 

There Are Highs and Lows

 

If you’ve ever been on a vacation during “peak” season, you already know that some times are busier than others. Although, as the Fort Lauderdale Stays blog smartly points out, spring and fall might have the best weather, as these avoid the storms of summer and the mild (meaning fewer water days) temperatures of winter. Plan your rental rates accordingly. You can charge more in the summer but reduce your fees during the winter. You may only be able to rent it out enough to pay the mortgage, and that’s okay because your big money-maker days are ahead.

 


You Have to Know the Laws

 

The IRS looks at vacation rentals it’s up to you to know how your property is classified. It’s likely, however, that your vacation property will be considered a business, and that means you may deduct up to $25,000 each year in losses. If you don’t rent your home much the first year while you’re getting it ready, it may still be considered a personal residence. Consult your CPA and talk with your mortgage advisor about your plans beforehand so that you get the right mortgage from the start.

 

More than 13 million people visit the Fort Lauderdale area every year. That’s 13 million potential customers in both the up and down seasons. This alone is a compelling reason to consider investing in a luxury rental property. Before you get started, know your options, estimate your returns and costs, and understand how the IRS will look at your vacation home. Then, call your realtor and mortgage broker so that you can get started on the fun part: the home search.

 

Thank you for the trust placed in me,

Antonio Ortega LLC


                   
        

www.AntonioOrtegaLLC.com     For Residential Properties

www.AntonioOrtegaLLC.net       For Commercial Properties
        

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Antonio Ortega LLC Licensed Real Estate Professional with Global Luxury Realty


P.S. Be it today, tomorrow or six months from now, I'm prepared to offer you dedicated extraordinary service.

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Tuesday, February 16, 2021

Don't be Unpleasantly Surprised When you Close on your Home

When you are buying a property in Broward County Florida, you assume that the previous owner is up to date paying their taxes, and that they do not owe for any past repairs (Mechanic’s Liens). You may also assume that they have closed all Opened Permits, Code Violations, etc. Unfortunately, often this is not true, and this has led to horror stories for countless amounts of buyers.



Most of these nightmares could be traced back to the fact that not enough attention was paid to details before presenting an Offer to Purchase. Once you close and the property is transferred to you, you inherit all the existing problems, Liens, Open Permits, etc.




Most Real Estate Agents tend to disregard these problems, I’ll address these possible problems, when we present the Offer to Purchase. I am not in this just to make a commission. To avoid these problems, I will make a priority to insert special wording into the offer to keep you safe, and to get you into the home of your dreams.


 



Thank you,

                   
        
Visit our Website:  www.SouthBrowardHomesbyTony.com

Antonio Ortega LLC Licensed Real Estate Professional

Text or Call 954-648-6095

Global Luxury Realty, LLC



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