Ft Lauderdale Real Estate Review

Welcome to my blog. I have been writing articles for home buyers and home sellers in the Greater Fort Lauderdale area since about 2007. If you are thinking of buying or selling real estate you can find some helpful tips right here. If you would like to get them sent directly to your inbox just sign up below. 

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Oct. 22, 2017

Just Listed For Rent in Fort Lauderdale 1413 NE 4th Ct

I have a new property under management in the Victoria Park neighborhood of Fort Lauderdale. The 1854 sf home has 2 Bedrooms, 2 Baths and a pool.

It was originally built in 1938 and has been totally renovated recently. It features:

  • high ceilings
  • gorgeous solid plank wood floors
  • Custom gourmet kitchen with high end appliances
  • Impact resistant glass 
  • Outside garden shower


The asking price is $3700 a month.

Call me for a tour at 954-895-2431.


By Tom Day

You can reach me 954-895-2431

If You Like This Post, Please Share. Thanks!

Sept. 22, 2017

For Sale By Owner - Tips From A Pro Part 4 Closing Day

Part 4 Closing Day

All kinds of logistical problems can come up as you approach closing day. You may not know for sure whether the financing will come through for the buyer until the last minute. That can certainly make it difficult to plan for movers and the like. Hopefully that doesn’t happen. Always have a plan B. There are a lot of moving parts to closing a real estate transaction. Be prepared for delays. They are a commonplace occurrence. When problems arise keep your cool and focus on getting it closed. 

On closing day you should be out of the home and it should be at least broom swept clean. Make sure you can turn over two sets of keys including, garage door openers and keys to amenities if you live in a condo or HOA. 

If you got to this point, then congratulations! I hope I helped you save you some money. 

Estimating Net Proceeds 

At closing the title agent will have prepared a closing settlement settlement statement that will outline the costs for both the buyer and seller. It is commonly referred to as a HUD statement. You should ask the title agent for a copy well prior to closing. 

Below is a Net Sheet calculator for you to do a quick estimation of what your net proceeds will be after all the fees are deducted.  

Home Seller Net Sheet

Get an itemized print out of your seller closing costs for home owners in Florida. Just answer a few simple questions.


Keep in mind this is for estimating purposes only and doesn't include pro-rated taxes. That is a more complex calculation. When you have your home under contract you can request a HUD closing statement from the closing agent that will give you the exact amount. You can also ask the closing agent for a preliminary HUD statement if you are in the process of negotiating and need a more exact figure before signing contracts.

I’m Here to Help 

I am always happy to answer question you may have if you are selling your home on your own. Send me a request by email here. 

You may have also learned that it is harder and more stressful than it looks. Nine out of ten homeowners who attempt to sell their home themselves, fall short. In most cases, those that are successful end up selling to a relative or someone they know. 

I have learned something new with almost every sale I have completed and I’ve been doing this for 12 years. If you decide it is all too much and you live in Broward County, I hope you will get in touch with me. I would be more than happy to get your home sold for you. If you live outside my area I can refer you to a trusted agent in my network. 

FSBO Statistics 

  • FSBOs accounted for 8% of home sales in 2014. 
  • The typical FSBO home sold for $210,000 compared to $249,000 for agent-assisted home sales.

 FSBO methods used to market home: 

  • Yard sign: 42
  • Friends, relatives, or neighbors: 32%
  • Online classified advertisements: 14%
  • Open house: 14%
  • For-sale-by-owner websites: 15%
  • Social networking websites (e.g. Facebook, Twitter, etc.): 15%
  • Multiple Listing Service (MLS) website: 10%
  • Print newspaper advertisement: 3%
  • Direct mail (flyers, postcards, etc.): 3%
  • Video: 2%
  • Other: 1%
  • None: Did not actively market home: 25% 

Most difficult tasks for FSBO sellers: 

  • Understanding and performing paperwork: 12%
  • Getting the right price: 6%
  • Preparing/fixing up home for sale: 6%
  • Selling within the planned length of time: 18%
  • Having enough time to devote to all aspects of the sale: 6%


3 Steps to Getting Top Dollar For Your Home

How Long Should it Take To Sell a Home

What Does it Cost to Sell a Home in Florida?


By Tom Day

You can reach me 954-895-2431

If You Like This Post, Please Share. Thanks!

Sept. 22, 2017

For Sale By Owner - Tips From A Pro Part 3 Getting To Closing.

Part 3 Getting to Closing

 Handling Offers 

Based on what you know about the value of your home you should already be prepared with three different values before you get started. 

- Best Case price

- Mostly likely price

- Reserve price, or drop dead, no way I’m going below this number. 

If you get an offer be prepared to not like it. That is just how this works. Keep in mind, even a horrible offer is better than no offer at all. It means someone is stepping up with a real interest in your home. You will be a target of lowballers for the simple reason they know you aren’t paying a commission. I would advise you to take all offers in stride and not take offense by even the worst of them. 

The first offer will often tell you where they expect to end up, and that is about half way in between their offer and your asking price. If it is really low, I suggest you tell the buyer you will give it some thought and get back to them. After some time has gone by, make some kind of a counteroffer to show you have some flexibility, to keep them interested. I have had contract negotiations go on for weeks. You need to be patient. 

Some sellers might be inclined to discount a bit more if the buyer can close quickly with cash. Others might allow complicated contingencies like, the successful sale of the buyers present home in order to close, if the buyer pays full price. 

There is a trade off for everything. You may not like the price at first, but if you ask enough questions you may find areas you can agree on and eventually make a deal. Perhaps you are in a position to offer some owner financing. If so, you can usually leverage this for a better price. 

Contracts and Forms

In order for an offer to be enforceable it must be in writing. If you get an offer from someone who isn’t working with an agent you will likely get a verbal offer. Which may be fine but eventually if you do come to agreement you need to get it writing. This is where your attorney or an agent can also come in handy. Most agents in Florida will use what is called a FAR/BAR As-Is Contract For Purchase and Sale. They just fill in the needed information and terms and have both parties sign it.

Here is the tricky part for inexperienced home sellers. How do we get the contract right? You can purchase common contracts at places like Office Depot, but I would not recommend that. I have made available to you the 5 most common forms and contracts used by Florida Realtors.  

Fill out my online form

These forms are not self explanatory though. If you do use this forms seek advice from a real estate professional or attorney.

There is more to a purchase agreement than just price. You need to consider the terms that go along with it. Terms are such things as: 

  • The amount of the Earnest Money Deposit
  • Down payment, if financing the property
  • Closing date
  • Inspection period
  • Special contingencies like, financing, appraisal, sale of present home.

After the Contract is Signed 

The effective date of your contract is the date the last party either signs it or initials any changes. That is the date from which several actions are measured. Such as:

  • 3 Day rescission period for condos in Florida
  • Inspection period
  • Additional deposits if mandated. 

You should request an escrow letter from the escrow agent or buyers agent. This proves the Earnest Money Deposit has been received from the buyer. 

Often the deposit will come in two parts. A nominal amount with the offer and the remainder to come after a period of time, usually after the inspection period. Be sure to follow up and make sure you get escrow letters for both of them. 

If the buyers are financing be sure to get updates from them regarding the status of the loan. Try to get the contact information of the loan officer if you can. Stay in touch with the closing agent as much as possible. They should be able to provide you with status reports of the title work at least weekly. If you have a mortgage on the property they will need your lenders contact information so it can be paid of at closing. 

Avoiding Potential Deal Killers 

As far as I am concerned, what happens after the contract is signed can be the most stressful. There are many things that can, and do, go wrong no matter how well you plan ahead. You can’t possibly prepare for every circumstance. Here are the most common. 


Typically a purchase agreement will allow the buyer one to two weeks to have an inspection done to make sure there are no serious repairs needed. A professional home inspector will always find something wrong with your home. Even the best maintained home will have at least $2000 worth of small items that can be fixed. With an “as is” contract this shouldn’t be enough to kill a deal. If there is more than 1.5% worth of unexpected repairs don’t surprised if the buyer attempts to renegotiate the deal. It is also possible that the inspector finds a really big problem that would cost too much for the seller to fix. 

This is why I earlier recommended the seller have the home inspected prior to putting it on the market. It can prevent you from wasting a lot of time and emotional anguish. Another good reason to have your home inspected is it becomes a very good marketing tool, and you have your own ammunition should you have the buyer try to renegotiate the price after the inspection.


If the buyer is getting financing for the purchase, an appraisal will be required by the lender. If the appraiser finds the value is below the contract price then the buyer won’t get the financing and can be released from the contract. First the buyer will likely come you seeking a price reduction to the appraised value. You can either decline, and let the buyer come up with a larger down payment, or perhaps split the difference. If neither of these options work try appealing the appraisal. You may be able to get the bank to have it re-appraised with different comparable properties. 

-Code Issues 

It is possible your home was flagged for a code enforcement problem and you weren’t aware of it. The fines can accumulate daily. The municipalities I have had to deal with will usually drop all or most of them if you appeal it and fix what ever the violation was. You can prevent surprises by calling you city and making sure you are clear of any violation. 

-Title Issues and Liens 

This can cover a lot of things, too many for the scope of this guide. Death and divorce are often the source of these problem. If you suspect you may have a problem, it is best to get ahead of it and have an attorney or title agency run a title and lien search prior to putting your home on the market. 


For Sale By Owner - Tips From A Pro Part 1 Prepping Your Home

For Sale By Owner - Tips From A Pro Part 2 Marketing Your Home

For Sale By Owner - Tips From A Pro Part 4 Closing Day


By Tom Day

You can reach me 954-895-2431

If You Like This Post, Please Share. Thanks!

Sept. 22, 2017

For Sale By Owner - Tips From A Pro Part 2 Marketing Your Home

Part 2 Marketing Your Home

Marketing is the activities you do to make potential buyers call you to view your home. Selling is the the activities you do face to face with the buyer, like pointing out features and benefits. You can't do much selling until the buyers arrive at your door. Here are some important tips to attract those buyers and make them want to schedule a viewing appointment.

Photos Do’s and Don’ts

Amazing photos will grab the attention of potential buyers and make them want to come view your home in person. Great photos are one of the most important elements of marketing your home correctly. If the photos you put in your advertising are dark, blurry and poorly framed you are doing yourself a big disservice. 

proper real estate photography

I like to think I can take pretty decent photos. Even so, I hire a professional photographer for almost all the homes I list and I suggest you do the same. Unless your home is a fixer upper, a professional photographer will give your home a great first impression and set yourself apart from your competition. It costs anywhere from $100 to $200 in most cases, depending on how many photos are taken. If you don’t want to go to that expense here are a few tips for doing it yourself. Just remember the list of expired listings in the MLS is full of really bad photography.

Use a real digital camera with a flash, and preferably a wide angle lens. 

  • Disable the time/date stamp on your camera. 
  • Don’t use your phone camera. If you must you use your phone hold it horizontally, not vertically.
  • Don’t use a “Fisheye Lens”. They distort the photo and look silly.
  • Turn on all the lights and open all the blinds.
  • Wait until the sun is shining brightly and not an overcast day.
  • Don’t shoot towards big windows or sliding glass doors. It will darken the photo.
  • Keep people and pets out of your photos.
  • Keep vehicles and boats out of your photos.
  • The front exterior photo should be taken at an angle to give depth and minimize the garage. Don’t shoot straight at the front of your home.
  • Exclude photos of bathrooms unless they are a really something to show off.
  • The same goes for closets. Unless it is a huge custom closet it isn’t adding anything.
  • Use the photo editor on your computer for all your photos. They are simple to use and every photo can be brightened up at least a little bit.
  • Take a lot of pictures and choose the best ones.

Writing a Good Property Description

Writing a good property description should do one thing, and that is to attract the most potential buyers to go see the property in person. The more showings of the property you get, the more offers you will get. It is that simple. It is unlikely you will get offers sight unseen. So the purpose should not be to sell the property straight from the listing, but to create curiosity and get them to come look at it.

Writing a good property description means being concise. Less is more. Keep it under 300 words. Way under if you can. We live in a world of information overload. When buyers are going through listings they look at the pictures first and perhaps take a glance at the description. If it takes up an entire page, chances are they won’t read much of it.

Use bullet points of unique selling features, instead of long prose when you can. They will get noticed better. For example: 

  • Direct Ocean Views
  • Open Floor Plan
  • Custom Hardwood Cabinets
  • Energy Efficient Appliances
  • Impact resistant glass
  • Custom designed swimming pool

Kitchens, bathrooms and views are what most buyers focus on. If you write everything you know about the property, you may bring up a feature a buyer doesn’t like and they will never give the property a chance. Don’t exaggerate or get too flowery. Avoid cliches like “Million Dollar View” and “Won’t Last”. There is no need to repeat things that are elsewhere in the listing, like the bedroom count or square footage, either. Buyers will focus on the pictures first, so make sure they are of good quality or it won’t matter what it says in the description. Write for the masses, keeping in mind you want to get the most potential buyers through the door.


For Sale signs can be found at Home Depot, Lowes and other hardware stores. You can go one step further and get a custom sign at your local sign shop. Reflective surfaces are available that will make your sign really stand out at night. I recommend you also pick up what is called an Infotube. You can find them displayed with the signs. It is a plastic tube that can hold your flyers and attaches to the sign stand.

Creating a Flyer

I recommend a great free graphics site called Canva.com. It is very simple to use. There are tons of templates for different kinds of advertising you may do. Some are specific to real estate.  Just keep it simple with a lot of white space.

Where to Advertise

There are a number of For Sale by Owner websites available. There are none that I am going to recommend here. Most of them charge a fee of several hundred dollars and they no longer get the traffic that they used to. There are enough alternatives that are well known to buyers and are also free to post.

Craigslist - It’s free but it is also crowded with junk and spammers. The newest listings get shown first so yours will end up near the bottom before long. If you do advertise there, be sure to create an account on their site first. That will make it much easier to repost your listing and thereby bring it back to the top of the list. They allow you to repost every 48 hours. So set up a reminder for yourself to do this. When you create your ad, I suggest you leave the price box empty but put the price in the body of the description somewhere. It creates curiosity and you will get more clicks that way.

Backpage.com - Similar to Craigslist. It’s free too.

Ebayclassifieds.com - A free site with good search capabilities.

Ebay.com - You can posts listing in a non-auction fashion for a fee.

Zillow.com - Also free and will probably get you the most exposure. The problem I have with Zillow is their valuation estimates (Zestimate) are notoriously inaccurate. Your should be able to decline to have it show on your listing. Be aware of this option.

Facebook - I love advertising on Facebook. Of course, you can post your listing on your personal page and share it with your friends, which is valuable. You can also create a page dedicated to selling your home and then pay to advertise it. To do this you need to click the link “create a page” and follow the instructions. I could write a whole chapter on this, but there are instructions to do this in the Facebook help section. Facebook advertising gives you the ability to carefully target your audience and even exclude certain people, such as say, real estate agents.

The Open House

If you watch the real estate shows on HGTV etc., you may get the impression that to sell your home you must hold an open house. That really isn’t the case. An open house is about the only thing an agent does that looks interesting on TV. The reality is there is only a 2% likelihood that the buyer you get will come from an open house. The number one reason agents will hold an open house is to meet potential buyers. Opening your home to strangers can be a security issue, so think about that when you decide to hold one.

If you do an open house be sure to do it right. Begin your advertising a week in advance. Then make sure you have plenty of small open house signs around the neighborhood with your address and phone number on it, that will point people to your home from higher traffic areas.

Dealing With Agents

The majority of phone calls you get from your advertising will probably be from agents. FSBO’s are a prime source of leads for agents. You should decide ahead of time whether you want to cooperate with them or not, and how much you intend to compensate them. 3% is the typical amount.

When they call, expect to be asked these questions:

Are you cooperating with agents if I bring you a buyer?

Can I preview your home?

How long do you intend to try to sell it yourself before you hire an agent?

Some will be sincerely interested because they have a buyer, but most are qualifying you as a potential client or just want to get their foot in the door in the event that you do decide to hire one. Use your own best judgement whether to take your time with them. It doesn't hurt to get some opinions and feedback from professionals.


Going into this, you may not have even considered it yet, but by letting potential buyers into your home you are opening yourself up to a considerable security risk. It is a big concern for agents and it should be to you too. Use caution and common sense. As an agent, I make sure to do as much qualify and vetting as possible before showing property to a stranger. At the very least I want to know if they have the means to purchase a property. So I request they provide a pre-approval letter from a lender or proof of funds letter from their financial institute. Their personal information like name, cell phone, email address should all match.

I suggest the following to be safe:

Have them email a pre-approval letter and get the full name and phone number before you set the appointment.

It isn’t a bad idea to Google their name and see if they are on Facebook. You can learn a lot in just a few minutes. The best way to search for someone on Facebook is too enter their email address in the search bar. If they have a common name you may get several results from your search.

  • Don’t show the home by yourself.
  • When they arrive, make a note of the type of car they are driving.
  • Avoid showing it to people who knock on your door. Make it by appointment only.

Showing and Selling

When potential buyers come to look at the property try not to hover over them or give them a regimented tour. Instead give them some space, invite them to open doors and cabinets if they want, and to feel at home. Be available for questions but let your home do the selling.

At the end of the showing try to get some feedback. It is unlikely they will give you any negative criticism to your face. I have found just two simple questions work well.

1. ”So, what do your think?” 

2. “Would you consider making an offer?” 

Keep track of everyone you show it to. It can take a lot of showings before you find an actual buyer for it. Experience has shown me that it takes about 10 different showings on average to generate one offer. Not every offer will lead to a sale. Without their contact info you won’t be able to advise them of any price adjustments down the road. It helps to make notes of the conversations you have had too. 

There are three different scenarios that can take place once you begin to show your home. 

A. You get little (less than one a week) or no, buyer showings. 

B. You get plenty of showings, but no offers.

C. You get an offer or even better multiple offers. 

Buyers want a home that appeals to them, but in the end it is mostly about price. If you are getting offers, then great, you have probably priced it right or close enough. If you are showing the home a lot but not getting offers, you are close, but it may take a price reduction to generate offers. If you are getting no showings or offers, then you have probably set too ambitious an asking price. 

Monitoring the Market 

Once you have begun marketing your home, it is a good idea to keep up with the sales activity in your neighborhood. Before I get started, I like to know what is the ratio of active listings to closed sales. For example, if there are 12 active listings in the neighborhood and on average, there are 2 closed sales per month, that means there is 6 months worth of inventory. 

Is this number trending up or down? By monitoring new listings, pending sales, and closed sales you can make sure you are staying on track. Without access to the MLS it is hard to get timely and reliable information. 

Here is another area where I am willing to help you. Send me an email and I can set you up to receive automatic updates to you inbox of all status and price changes in your neighborhood, as well as new competing listings. 


For Sale By Owner - Tips From A Pro Part 1 Prepping Your Home

For Sale By Owner - Tips From A Pro Part 3 Getting To Closing

For Sale By Owner - Tips From A Pro Part 4 Closing Day


By Tom Day

You can reach me 954-895-2431

If You Like This Post, Please Share. Thanks!

Sept. 22, 2017

For Sale By Owner - Tips From A Pro

Here is a series of articles I wrote to help you sell your home on your own. It is in 4 Parts and here are the topics covered in each part. 

Part 1
Prepping your home for sale
Pricing your home

Part 2
Marketing your home
Photo tips
Open Houses
Dealing with agents
Monitoring the Market

Part 3
Handling Offers and Negotiating
Dealing with contracts
Keeping the deal together

Part 4
Preparing for closing
Estimating your net proceeds

Here is one quick story before I get into the selling tips. I understand the mindset of the homeowner that wants to try to sell their home on their own and save some money. Before I got my real estate license and got into this crazy business I tried to sell my home on my own too. Well, I failed. Pretty spectacularly too. It isn’t as easy as you may think. I owned a townhouse in Vermont a few miles from Dartmouth College and I was ready to move back to Florida in early summer 2002. The market was really heating up and the complex I lived in was really popular with grad students and residents at the hospital. Some were even going around knocking on doors hoping to find an eager seller. 

I put and ad in the local paper and soon enough I had a women willing to pay me $125,000 cash, which wasn’t far off my asking price. We signed a purchase agreement that I found at a bookstore. She even gave me a 10% deposit and thought we had a deal.  This wasn’t very smart on her part, but we were both amateurs at this. Not knowing any better I deposited the money in my bank account.

I came down to Florida to start looking for a place to live. I was here for nearly a week when the buyer calls me up and says she has changed her mind. She doesn’t want to buy it and she wanted her deposit back. She had very little to stand on. There was no inspection contingency or any other clause in the contract that will allow her to be released from it. So I refused to give her deposit back.By depositing the funds into my account instead of putting them in an attorney’s escrow account I had made a big mistake. That allowed her attorney to put a lien on my home and squash the possibility of selling it any time soon. I hired my own attorney and eventually we agreed to settle with me keeping $5000 as liquidated damages and her getting $7000 back.

But by this time it was well into fall. School had started and grad students were no longer looking for housing. I had missed my opportunity.I tried again to sell it myself for a while without any luck. I really didn’t want to spend another winter in Vermont, so I hired an agent referred to me by a friend. She sold it but it isn’t easy to sell in Northern New England when winter is approaching. My agent did find me a buyer and I ended up closing at the end of January. When I got in my car to drive to Florida there was two feet of snow and it was 18 degrees below zero. I lost a lot of time and had to deal with some huge aggravation, all because I didn’t know what I was doing.

I want to help you save some money and avoid mistakes like the one I made. After 10 years of selling real estate in a competitive South Florida Market, I have sold hundreds of homes and learned a lot along the way. Hopefully this will help you get your home sold and save you some money too. If you do run out of time and decide you need the help of an experienced agent I hope you consider hiring me.

Getting Ready


Moving is a great time to get rid of a lot of useless junk you have acquired. The less you have, the less it will cost you to move and your home will show better.

  • Have a yard sale
  • Donate belongings to charity and get the tax benefits.

If you can’t walk into your walk-in closet, it will look small to potential buyers. Thin it out. The same goes for your garage. Kitchen counters should be clear of rarely used appliances.


I recommend having your home inspected by a professional before you put it on the market. There are several reasons for this.

  • If your home has repair issues, it’s better to find out before you put it on the market.
  • It will ensure a smoother closing.
  • Buyers may try to renegotiate the price after they learn how much it needs to repair it.

Here are a few simple things that will enhance value and don’t cost much

  • Clean carpets and or tile grout
  • Paint, preferable in neutral colors
  • Replace cabinet hardware
  • Replace old light fixtures. 
  • Pressure wash the exterior, driveway, sidewalk.
  • Trim the landscaping

Get Your Documents in Order

Here are some of the documents you will need, if you get your home under contract.Sellers Disclosure Statement - This a form that informs potential buyers of all the material facts about your home that might affect it’s values. It is typically signed by both the buyer and seller, upon a successful purchase agreement. Buyers may request it prior to making an offer. So you should have one prepared and signed.Title Insurance Policy - You can save yourself a little money in closing costs, if you can provide your current policy to the closing agent.HOA/Condo Documents - Here in Florida, buyers have a three day right of rescission if the home or condo they are buying is subject to a condominium association or Homeowners Association. They have three days to review the rules, regulations and finances. They can be released from the contract for any reason during that period and you need be able to provide them the documents immediately upon signing a purchase agreement.

Consider Hiring an Attorney

Here in Broward County, FL it is customary for the buyer to choose the title agent and pay for the title insurance policy. If you are represented by an agent, that is usually enough to protect your interests and the buyers title agent can get the closing done. If you are going it alone you should have an attorney to review and approve contracts and take you through closing.

Pricing it Right

Pricing may be the most important aspect of getting your home sold. Consider your own buying habits. How often have you bought something without considering what it cost? You probably do it with even the most inconsequential purchases without even knowing it. Price consciousness is almost part of your sub-conscious.Today buyers are very well informed thanks to the internet. They are also becoming less tolerant of negotiating. The very best marketing cannot overcome an overpriced home. A common mistake FSBOs make when pricing their home is to base their price on what other sellers are asking. The problem with that is those homes are still unsold and may never sell.

So how do you come up with the right price?-

Get an Appraisal. It will cost you about $400, but it should be the most accurate value and will give you leverage when you are negotiating.Or-Get a CMA (Comparative Market Analysis). Most real estate agents will do this for you at no charge, even if they know you intend to try to sell on your own. If you live in Broward County, call me. Once you decide what your home is worth you may be tempted to pad the price in order to give yourself room to negotiate. That is fine, but be reasonable. A couple of percentage points should be enough.

There is direct relationship between the price you put on your home and the length of time it takes to sell it. I probably don’t have to tell you there is a price your home, or almost any home, will sell at tomorrow with little or no advertising? There is also a price where it will never sell. The sweet spot is somewhere in between. It is generally accepted that fair market value is the price a home will sell for in 45 days or less.



For Sale By Owner - Tips From A Pro Part 2 Marketing Your Home

For Sale By Owner - Tips From A Pro Part 3 Getting to Closing

For Sale By Owner - Tips From A Pro Part 4 Closing Day



By Tom Day

You can reach me 954-895-2431

If You Like This Post, Please Share. Thanks!

Sept. 15, 2017

Mortgage Help For Those in the Path of Hurricane Irma

The State of Florida has been declared a Disaster Area by the Federal Government. 

If you have a mortgage on your home, your lender is required by law to give you a three month Forbearance on your mortgage payments with no cost implications or negative affects on your credit report. This is required by Federal Law.

A three month break from making mortgage payments could really help reduce the financial disruption caused by hurricane Irma. In cases where there is damage to the home the forebearance could be for up to a year so your mortgage payments can be diverted to make the necessary repairs.

You must call your lender and request this forbearance 

Although they aren't required to, many banks are also eliminating fees for things like overdrafts or allowing borrowers to skip payments for other loans like car payments and credit cards. Check with your lender if hurricane Irma has put you in a financial pinch and see what they can do for you.

Those having trouble contacting the servicer can call 1-888-995-HOPE (4673) for assistance.

Homeowners with Fannie Mae Loans can call 1-800-2FANNIE (1-800-232-6643) for more information.

Owners with Freddie Mac loans can call 1-800-373-3343 and select option 2.

Information also is available for homeowners at FEMA.gov, HUD.gov and RedCross.org


Free Property Check


By Tom Day

You can reach me 954-895-2431

If You Like This Post, Please Share. Thanks!

Posted in Financing
Sept. 11, 2017

Just Listed 200 NW 29th Ct in Leisureville

Best Deal in Leisureville - Not in The MLS Yet

2 Bedroom 2 Bath Villa Style Home in Leisureville is available now. It is priced $10,000 less than any other home in the neighborhood. Get it before it goes in the MLS. The Florida Room was enclosed and is used as a 3rd bedroom, but it doesn't have a closet. Offered with or without the furniture. It is 1272 square feet according to property records and has a one car garage. Its ready for your own personal touches. 

Right now it is all buttoned up in preparation for the hurricane, but it made it through without a scratch or loss of power. Photo taken on 9/11/17. As soon as it is ready, it is going in the MLS. Here is your chance to get a great deal, so act quickly.

Leisureville is a 55+ community. One owner must be 55 or older.

You will love the location right next door to the pool and clubhouse. 

See the complete listing details and over a dozen photos here.

Asking $149,000

Call me at 954-895-2431 for a showing

By Tom Day

You can reach me 954-895-2431

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Sept. 5, 2017

Free Property Check

Before or After Hurricane Irma

Absentee homeowners should plan ahead. If you own property in Florida I can do a property check up for you before and or after Hurricane Irma, should it make landfall in Broward County. I am a licensed Realtor and Property Manager. I will go to your property and check to see if it is secure. After the storm has passed I can check for damage, take photos and assist you with finding contractors if it needs repairs. 

Call 954-895-2431 or complete the form below.



Mortgage Help For Those in the Path of Hurricane Irma

By Tom Day

You can reach me 954-895-2431

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Sept. 1, 2017

Ocean Colony Penthouse Unit Just Listed

Ocean Colony Penthouse UnitToday I listed a spacious one bedroom penthouse unit in Ocean Colony Condominiums. It is listed completely furnished and ready for immediate occupancy. Perfect for snowbirds. Ocean Colony is a very well run building with great amenities right on the beach. It is just 1.5 miles north of the Pier and area restaurants in Lauderdale by the Sea.

It features:

  • Wood floors
  • Impact resistant glass throughout
  • Up to date kitchen
  • Washer dryer in the unit
  • Expansive views of the intracoastal waterway and beyond

Asking Price is $299,000

See the complete listing details here.

Call to schedule a showing at 



By Tom Day

You can reach me 954-895-2431

If You Like This Post, Please Share. Thanks!

Aug. 30, 2017

Recommendation from Vivian O

A new recommendation arrived today from a customer of mine.

I sold her a townhouse in Deerfield Beach a year ago and this summer found her tenants.

After having searched and using the services of other realtors with nothing but frustration I met Tom and couldn't be happier with his quality of work. Tom has been my realtor on more than one occasion for purchasing, selling and renting properties. Along with being a true professional, Tom does a great job of understanding your goals and was always availability for appointments and phone calls. I will definitely use Tom for future real estate transactions. - Vivian O.


More Recommendations

Right Now is a Good Time To Sell a Florida Home


By Tom Day

You can reach me 954-895-2431

If You Like This Post, Please Share. Thanks!