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January 2011 - Posts

Cash Sales Are The Norm in Some Areas

Many people are shocked when I tell them the vast majority of the sales I did last year were cash sales. In fact 85% of my sales in 2010 were cash sales. Of course I'm happy about it. Financing can be tough these days. It also says a couple of other Read More...
Posted Monday, January 31, 2011 11:16 AM by Tom Day | 1 Comments

Daily Deal - Luxury Waterfront Foreclosure in Ft Lauderdale

Luxury waterfront foreclosure in Ft Lauderdale. Amazing SE point lot with 240 feet of water. 6367 square feet of living area. 4 bedrooms and 5 baths. Intracoastal views. Listed for $2,295,000 For more information contact me at 954-895-2431 Tom Day, Remax Read More...
Posted Tuesday, January 25, 2011 12:13 PM by Tom Day | 0 Comments

Short Sale Myth #7 – Buyers are Not Interested in Short Sale Properties

Myth #7 – Buyers are Not Interested in Short Sale Properties This is a myth that potential sellers hear all the time. Thankfully, this is just not true. In fact, many agents are getting calls from buyers who say they only want to look at foreclosure Read More...
Posted Monday, January 24, 2011 7:04 PM by Tom Day | 0 Comments

The Foreclosure Hotsheet is back up.

Due to some technical problems I have been unable to upload the weekly Foreclosure Hotsheets. That issue is finally resolved and this weeks file is ready for you to download. Click here to get this a free copy of all the new foreclosure listings in Broward Read More...
Posted Monday, January 24, 2011 11:43 AM by Tom Day | 0 Comments

Short Sale Myth #5 – Short Sales are Impossible and Never Get Approved

Myth #5 – Short Sales are Impossible and Never Get Approved This is a complete falsehood. Are short sales more difficult to execute? Yes. Do you, as a homeowner, need to learn about a new process? Yes. Are they impossible? Absolutely not. For example, Read More...
Posted Sunday, January 23, 2011 10:37 AM by Tom Day | 0 Comments

Bank of America and Cooperative Short Sales

I recently watched an interview of Kim Dawson, of Bank of America. The purpose of the interview by Alex Charfen, of the Distressed Property Institute, was to show that Bank of America really wants to be more cooperative with their borrowers who are upside Read More...
Posted Friday, January 21, 2011 5:03 PM by Tom Day | 0 Comments

Short Sale Myth #4 – Listing My Home as a Short Sale is an Embarrassment

Myth #4 – Listing My Home as a Short Sale is an Embarrassment It is understandable to have reservations about letting the buying public know that you owe more on your home than it is worth. However, according to recent estimates, more than one out Read More...
Posted Friday, January 21, 2011 4:29 PM by Tom Day | 0 Comments

Daily Deal - 3/2 Townhouse Foreclosure in Waterways Deerfield Beach

Townhouse 3BD/2.5BA w/screened in porch. Secured entrance - guard-manned gate. Community w/resort amenities. No rental restrictions. Pets allowed. Last sold for $300,000. today's price is $109,900. For more details contact me 954-895.2431 Tom Day, Read More...
Posted Thursday, January 20, 2011 2:42 PM by Tom Day | 0 Comments

Short Sale Myth #3 – There is Not Enough Time to Negotiate a Short Sale Before My Foreclosure

Myth #3 – There is Not Enough Time to Negotiate a Short Sale Before My Foreclosure This is a myth that probably hurts homeowners the most. Many do not realize that foreclosure is a process, and that there is time to make decisions that may result Read More...
Posted Thursday, January 20, 2011 11:25 AM by Tom Day | 0 Comments

For Rent 2/2 Condo in Palm Aire Country Club $950 per Month

Palm Aire Country Club, Palm Aire - For Rent 3010 N Course Dr # 902, a 1,200 sq. ft., 2 bath, 2 bdrm apartment. Now MLS® $950 USD Monthly - . Property information Tom Day, Remax in Motion www.TomDayProperties.com Read More...
Posted Wednesday, January 19, 2011 7:15 PM by Tom Day | 0 Comments

Short Sale Myth #2 – You Must Be Behind on Your Mortgage to Negotiate a Short Sale

Myth #2 – You Must Be Behind on Your Mortgage to Negotiate a Short Sale While this may have previously been the case, today lenders are looking for verifiable hardship, monthly cash flow shortfall, or pending shortfall and insolvency. If you meet Read More...
Posted Wednesday, January 19, 2011 4:07 PM by Tom Day | 0 Comments

Short Sale Myth #1 – The Bank Would Rather Foreclose than Bother with a Short Sale

Myth #1 – The Bank Would Rather Foreclose than Bother with a Short Sale This is one of the most common misconceptions. The reality is that banks do not want to foreclose on your property because the foreclosure process is incredibly costly. Banks, Read More...
Posted Tuesday, January 18, 2011 3:39 PM by Tom Day | 0 Comments

What Sold on the Beach in Pompano- December 2010

Below is a report of closed condo sale of select building in the beach area east of the Intracoastal Waterway in Pompano Beach, FL. All the information was compiled from the Mulitple Listing Service (MLS) For previous month reports follow this link . Read More...
Posted Monday, January 17, 2011 5:36 PM by Tom Day | 0 Comments

Daily Deal - Foreclosure in Silver Thatch Condo 11th Floor with Ocean Views

Two Bedroom, Two Bathroom condominium on the 11th floor with wonderful ocean views from bedrooms and living room. The unit boasts an open floor plan with ceramic tile in the main living space and carpet in the bedrooms. The Silver Thatch condo has just Read More...
Posted Sunday, January 16, 2011 5:20 PM by Tom Day | 0 Comments

Daily Deal - Banyan Trails Townhouse Foreclosure

LAKE VIEW, CORNER TOWNHSE IN BANYAN TRAILS OF COCONUT CREEK. 3 BEDROOMS 2.5 BATH, 2 CAR GARAGE, BANK OWNED. TILE FLOORS DOWNSTAIRS, WOOD LAMINATE UPSTAIRS. BUILT IN MICROWAVE, SIDE BY SIDE REFRIG, W/D IN UNIT. FENCED BACK YARD AND PAVER DRIVEWAY. HOA Read More...
Posted Thursday, January 13, 2011 4:23 PM by Tom Day | 0 Comments

How is the Market in Pompano Beach?

The most common question I get as a Realtor is "How is the market?" The only way to answer that question is "that depends on your perspective". Are you a buyer, a seller, a renter, a landlord or other investor (flipper), or an agent Read More...
Posted Wednesday, January 12, 2011 11:09 AM by Tom Day | 0 Comments

What Sold in Harbor Village, Pompano Beach - December 2010

Below is a report of what sold in the Harbor Village community of Pompano Beach, FL during December of 2010. All information was gathered from the Multiple Listing Service (MLS). Would you like to know what your home is worth? Click here for a free online Read More...
Posted Tuesday, January 11, 2011 3:31 PM by Tom Day | 0 Comments

Daily Deal - Palm Aire Village Foreclosure 3/2 Home with Pool

GREAT 3 BED 2 BATH POOL HOME WITH PRIVATELY FENCED YARD. NEWER UPGRADED KITCHEN CABINETS AND APPLIANCES, CENTRAL A/C, FAMILY ROOM, SPLIT BEDROOM PLAN, TILED LIVING AREAS, GARAGE, NICE CURB APPEAL. Palm Aire Village location asking $169,900. Contact me Read More...
Posted Monday, January 10, 2011 3:08 PM by Tom Day | 0 Comments

What Sold in Palm-Aire Village in December 2010

Below is a report of all the closed real estate transactions during December 2010 in the Palm-Aire Village community in Ft. Lauderdale, FL. All information was compiled from the Multiple Listing Service (MLS). Would you like to see want your home is worth? Read More...
Posted Sunday, January 09, 2011 12:29 PM by Tom Day | 0 Comments

What Sold in Imperial Point - December 2010

Below is a report of all the recent real estate transactions in the Imperial Point community of Ft Lauderdale, FL 33308. All information is gathered from the Multiple Listing Service (MLS). Would you like to know what your home is worth. Click here for Read More...
Posted Friday, January 07, 2011 2:38 PM by Tom Day | 0 Comments

Daily Deal - Lauderdale by the Sea Oceanfront Condo Foreclosure

Bright and Clean 11th floor Condo. 2BR 2BA in Lauderdale By the Sea. Beautiful Ocean Views sit on the balcony and relax close to the beach shopping & restaurants. Last sold for $450,000. Todays price is $250,000. Contact me for the complete listing Read More...
Posted Friday, January 07, 2011 1:27 PM by Tom Day | 2 Comments

Daily Deal - Pompano Beach Oceanfront Condo Foreclosure

Built in 2007. This luxury oceanfront property is located in Pompano Beach. It is well equipped with high end finishes and an ocean view. The common areas inlcude infinity edge pool, fitness center and additional conveniences. This spacious and beautiful Read More...
Posted Thursday, January 06, 2011 6:31 PM by Tom Day | 0 Comments

What Sold in Cypress Bend - December 2010

Below is a report of all the sold properties in the Cypress Bend Condominium community of Pompano Beach, FL 33069. This information was gathered from the Multiple Listing Service (MLS). Would you like to know what your Cypress Bend home is worth. Click Read More...
Posted Thursday, January 06, 2011 5:26 PM by Tom Day | 0 Comments

Price Reduced on 535 NW 20th Ave in Hunters Run Bank Owned Foreclosure $94,900

Hunters Run, Pompano Beach - Announcing a price reduction on 535 NW 20th Ave, a 1,501 sq. ft., 2 bath, 4 bdrm single story. Now MLS® $94,900 - Priced to Sell. Property information Tom Day, RE/MAX in Motion www.TomDayProperties.com Read More...
Posted Wednesday, January 05, 2011 5:24 PM by Tom Day | 0 Comments

Daily Deal - 3/2 w/Pool Winston Park Foreclosure, Coconut Creek FL $164,900

Amazing Opportunity on this 3/2 home with 1 car garage and swimming pool in the desired community of Winston Park. Stainless steel appliances, wood cabinets and granite counter tops in the kitchen. Upgraded bathrooms with granite countertops and under Read More...
Posted Wednesday, January 05, 2011 2:41 PM by Tom Day | 0 Comments

What Sold in Palm Aire Country Club - December 2010

Below is a report of all the sold properties in the Palm Aire Country Club community of Pompano Beach, FL 33069. Information was gathered from the Multiple Listing Service (MLS). Would you like to know what your Palm Aire home is worth. Click here for Read More...
Posted Wednesday, January 05, 2011 1:20 PM by Tom Day | 1 Comments

What Sold in Lighthouse Point - December 2010

Below is a report of the recent real estate transactions in Lighthouse Point, Fl 33064 . All information was gathered from the Multiple Listing Service (MLS). To see prior month reports click here. If you would like to know what your property is worth Read More...
Posted Monday, January 03, 2011 7:49 PM by Tom Day | 0 Comments