Boca Raton Homes For Sale with Pool, No HOA, No Membership
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Boca Raton Home Search: The Ins & Outs
A couple things to remember when looking to buy a home in Boca Raton, Florida:
Many exclusive developments, especially those with the guard gates everybody loves out west, require you to join the community club. Membership could cost $30-50,000, in addition to annual HOA dues of $10-20,000. So should you see a stunning execuitve home which looks like it should cost a million listed for $400-something, you best check. Usually you will find language in the description saying membership required, but some Listing Agents may neglect to mention it, hoping to get somebody hooked. You can also check HOA fees in property details.
Remember, when free lunch sounds too good to be true...
You would also be wise to consider what this might mean for your potential appreciation, and how much more difficult it will be should you ever try to re-sell.
Also, if you are looking at condos, and you see a listing which seems incredibly under-priced, make sure it is not located in a 55+ community.
if you are seriously interested in finding a home in Boca Raton, I suggest you give me a call. Due to the intricacies of our IDX feed I have access to many more listings thru my MLS than I can offer through my website.
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Boca Raton Foreclsoure (REOs), Short Sales, Distressed Property
The Foreclosure Crisis is over, however, given the speculative dynamics of the South Florida real estate market we shall undoubtedly see a steady stream of REOs, Short Sales and distressed properties appear listed on the MLS. There will simply less of them. Quality properties which do come on the market will be quickly snapped up.
If you are a real estate investor shopping for distressed property, short sales or foreclosures to rehab or flip, you should check back every day or so, and be prepared to move fast.
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