LRE® Blog

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September 4, 2015

Rosemary Thymes Fall 2015 20th Anniversary Celebration Issue

Courtesy of Linda McCraney Miller IT’S NOT TOO LATE….. Twenty years ago, Rosemary Beach® was a "well-planned dream" for a community that started with a plat map of land, a sales trailer, and a flag pole. “Come build a community with us” was the theme to entice the first property buyers and home builders. People familiar with the early success of Seaside were the first to invest, I would guess. Brush covered the property where rosemary grew wild, hence the name Rosemary Beach was a natural fit.

September 2, 2015

Legendary And Renowned Primm Ranch Will Sell Via Concierge Auctions

LAS VEGAS, NV – September 1, 2015 – Grandiose in both size and style, unprecedented is the best word to describe one of the most unique and coveted real estate opportunities to present itself not only in Sin City, but globally. New York City-based Concierge Auctions, in cooperation with Kristen Routh-Silberman of Synergy Sotheby’s International Realty, will sell the 10-acre Primm Ranch in Las Vegas, owned by casino and resort developer Gary Primm, at auction. Located at 7000 Tomiyasu Lane, an exclusive enclave and celebrity-studded street just five minutes from the Las Vegas Strip, the Primm Ranch compound – once desired by pop icon Michael Jackson - will sell without reserve on October 10th. It is currently listed for $14.5 million

September 2, 2015

Jackson, NJ - “Gateway to the Jersey Shore”

Courtesy of Cara Realtors A town that is near and dear to my heart.  Jackson is a place where community members and visitors can come together and celebrate all that Jackson has to offer.  Jackson, also known as the “Gateway to the Jersey Shore” is not only the gateway to the shore but a gateway to both New York City and Philadelphia as it’s less than 1 hour away from each.

September 1, 2015

5 Things I Learned in Luxury Real Estate

Courtesy of Kent Davis of Panama Equity Real Estate Panama Equity is grateful to have been invited to become members of the Who’s Who In Luxury Real Estate back in 2013.  Over the last two years, we’ve learned so much from this group of nearly 1,500 brokers representing some of the most exclusive real estate agencies around the world.

August 31, 2015

Keep Calm, Summer’s Not Gone!

Courtesy of Julie Jones-Bernard of Florida Luxurious Properties The summer school holidays may be over but there is still plenty of summer fun to be had. Summer is not officially over until September 23, 2015 and one need not venture far to soak up the summer rays. Just step out to the backyard, deck, and patio or for South Floridians, the yacht, the pool and/or outdoor kitchen for summer soirees with family and friends.

August 27, 2015

Free Ice Cream in Short Hills, NJ – Open Sunday, 8/30 from 1 to 4

Courtesy of Karen Eastman Bigos of Towne Realty Group Come for a free ice cream on Sunday, August 30th at our Public Open House from 1 to 4 pm at 21 Elsway Road in Short Hills, NJ!   Tired of sitting in traffic, driving to the Jersey Shore or The Hamptons? Too hot to play golf? Sick of wishing you had your own pool?

August 26, 2015

Wall Street Blues

Courtesy of Frederick Peters, President of Warburg Realty. My colleague David Rodriguez* once described the stock market as behaving like a group of 4th grade girls. The plunges of the past week certainly seem to corroborate that assessment. The market, in this as in so many situations, seems characterized by overreaction. Things are great, things are great, things are great, then suddenly things are HORRIBLE! Yes, China’s economic woes are significant and yes, it seems almost inevitable that those woes will impact markets worldwide. That said, here are a few reasons why I suspect it won’t be as bad as it looks:

August 26, 2015

Simple Steps in preparing first time home-buyers for buying their first home!

Courtesy of Cara Realtors Simple Steps in preparing first time home-buyers for buying their first home is easy if you educate them about the process.   Here is a list that I created that helps both of us streamline the process: 1. Give home-buyers the names of at least three reputable lenders. 2. Make sure that they have all of their financial information handy for the lender. 3. Tell them to let the lender check their credit score. 4. Make sure if they have student loans, they are current and in good standing. 5. Make sure they are current with any auto loan payments. 6. Make sure that they don’t have high credit card balances and that they pay their bills on time. 7. Tell them to ask their lender to give them a pre-qualification letter stating how much of a mortgage they can afford. 8. After determining what they can afford, identify the area that they would like to live in. 9. Explain to them that they will need at least $5,000 to $7,000 to cover their closing costs i.e; attorney’s fees, home inspection, title insurance, survey, application fee for mortgage and appraisal fee. 10. Explain to them that their mortgage payment will consist of a principal and interest payment, homeowner’s insurance and real estate taxes, (unless they chose to pay their own homeowner’s insurance and real estate taxes) so they can plan their budget. 11. Now they can look for houses in their price range with confidence because they know exactly what they can afford. 12. When they find the property that they want to purchase.  Explain the contract and attorney review process. 13. If they don’t have an attorney, give them the names of at least three and let them make the choice. 14. After attorney review has been completed give them the names of some home inspectors in the area. Explain the home inspection phase of the process. 15. After the home inspection phase has been completed. Make sure that to ask them to follow-up with their lender to see if they need any additional paperwork from them. 16. Have your clients get quotes for homeowner’s insurance from more than one insurance company. 17. When the lender approves the mortgage and issues a mortgage commitment, it is time to get ready to close. 18. On the day of closing, go through the house with your clients and make sure they are happy with the condition of the house. If the walk-through goes well, proceed to the closing. 19. Congratulate your first time home-buyers on the purchase of their first home and tell them how proud they should be of themselves for achieving this monumental goal in their lives. 20. Check in with your new homeowners a week or two later and ask them how everything is going.
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