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9133 Greenbrier Court, Davie, FL

Best Front ExteriorShort Sale, Under Contract   $189,900.  Back – up offers considered.

2 bedrooms/2 baths, partially fenced lot.  Perfect home for small families or empty nesters.  Extra large living room with built in bar, overhead window, sliding doors leading to patio.  Dining area also features sliding doors to covered patio.  The cozy eat in kitchen has wood cabinets and a double pantry. 

The property is located in Forest Ridge in the subdivision of Oak Park.  The monthly fee of $155.00 includes front lawn maintenance and irrigation, a pool and 8 tennis courts.

This property has a new barrel tile roof and a 2 car garage that has been partially converted.

Spoken by Patti Reid | Discussion: No Comments »

Forest Ridge Homes Lose Value With Some Short Sales

MoneyA Real Estate Company has listed a property 3 bedroom, 2 bath home in Forest Ridge at a very low price  of $210,000.   The home is located  in Oak Park on Greenbriar Court  and it is a SHORT SALE.  A short sale is typically  not the most attractive way to purchase a home because it takes months to know whether or not the bank will accept your offer.  Once the bank receives an offer they will order a BPO’s (BROKER PRICE OPINION) .  This is similar to an appraisal but it is performed by a real estate agent, chosen by the bank . Real estate agents who perform BPO’s sometimes leave it in the hands of their assistants and most of the time the real estate agents and their assistants are not familiar with the neighborhood. They are selected based on other criteria which has nothing to do with knowledge of the community.

 If the  Bank feels the price being offered by the buyer is too low they will either counter the  offer or go to the next one.  If the seller only signs one offer to submit to the bank  there is little for the bank to do other than make the counteroffer or reject the offer all together.  Then the process starts all over again.

I am not sure what the motivation is on the behalf of the company who listed the property, but if they would have would have checked the comparable sales, or would have called some of the neighborhood expert Realtors, they would find that listing a 3 bdrm., 2 bath home with over 1700 sq. ft. of living space for $210,000 is not comparable to  similar homes in Forest Ridge.

There is no apparent reason why this home has to be listed so low, other than to bring  multiple buyers to the table and hopefully bring the sales price up quickly to a more reasonable selling price.  Let’s hope that this is the case here, and that the list price is just a “starting point” at which offers will begin.

Spoken by Patti Reid | Discussion: No Comments »

FOREST RIDGE OPEN HOUSE SUNDAY, FEB. 22, 2009

Two smartly priced homes will be held open between the hours of 1 – 4 p.m. on Sunday, February 22, 2009.

Statistics show that the majority of homes selling in Broward County are average  priced at $300,000.  This is a great time to buy, with First Time Buyer Tax Incentives, low interest rates, and FHA financing available with only 3.5% downpayment.  Sellers can also contribute to closing costs up to 6%.

Begin your home search at 2737 Pinewood Court, Davie, FL 33328512917_500 Priced at $254,900, this 3 bedroom, 2.5 bath home features a new roof, a 1st flr. master suite, an open kitchen and great room and french doors leading to a private, fenced yard.  It is located in the Arborwood subdivision of Forest Ridge.  Amenities include a community pool and tennis courts.  The maintenance fee is $250.00 per quarter.  Nearby public schools include Silver Ridge Elementary, Indian Ridge Middle School and Western High School.  There are many parks within bike riding distance, including Bamford Sports Park, Pine Island Park and Tree Tops County Park where you can enjoy canoeing, horseback riding, pavilions and nature trails.  Nova Southeastern University and Broward College are just a few miles away.  This historical neighborhood offers a quiet repose with tree lined streets, sidewalks and community events. For a virtual tour of this home go to www.obeo.com/512917

Another delightful home in the same community can also be previewed on Sunday, Feb. 22, 2009.  It is located in the Oak Park subdivision of Forest Ridge at 9228 Magnolia Court, Davie, FL 33328.backyard_500  It is 3 bedroom home with an open loft (can be converted to 4th bedroom easily).  It features 2.5 baths, a formal LR/DR, a family room, updated eat in kitchen, large screened patio and private, fenced yard.  This home also has soaring ceilings and a beautiful wood staircase.  The maintenance fee for this home includes all front lawn maintenance, tree trimming, fertilization and mulch, plus a community pool and tennis courts for only $155 per month.  The asking price is $330,000.  A Virtual Tour can be seen at www.obeo.com/475256.

Spoken by Patti Reid | Discussion: No Comments »

Forest Ridge Residents Meet the Mayor of Davie, Florida

 

 

 

 

 

 

Tom Truex, Mayor of Davie, Florida

Duncan Bossle, President of the Master Association for Forest Ridge, has invited Mayor Tom Truex to speak to the residents prior to the meeting of the Master Association on January 29th, 2009 at 6:30 p.m. in the Town Hall Community Room on Orange Drive.  Town Hall is located at 6591 Orange Drive, east of University Drive and West of Davie Road.  The Community Room is located in the back, near the parking lot.

Mayor Truex will discuss issues affecting Forest Ridge residents including the plans for the Fort Lauderdale airport expansion, budget cuts, crime and other items of interest.  This is a wonderful opportunity to hear, first hand, how Forest Ridge residents will be affected.

Spoken by Patti Reid | Discussion: No Comments »

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