Loxahatchee, FL

Under Contract- CTG- OFFER IS Waiting for Third Party Approval- Equestrian Horse Farm in Loxahatchee Deer Run Asking price is only $875,000 for this amazing 5 acre horse farm in gated Deer Run right next to Lion Country Safari. Not only will the new owners get to wake up being right near their horses they will also get to hear the lions roar in the mornings and watch the parrots fly over their farm and then return again to their resting areas in Lion Country.

This Loxahatchee Horse Farm embraces a New England flair and decor. One of the owners is a professional horse trainer and home decorator and designer. She did such a superb job in their home that our buyers fell in love with the style right away. We know the husband who is the other owner of the property. The owner is a licensed agent and we have worked with him in the past.

This horse farm has a full size sand ring with dressage mirrors. The mirrors are grandfathered in. Any new installations of mirrors must be permitted now. There is a great gazebo where two judges or trainers fit comfortably. The stalls are in immaculate condition with plenty of air movement throughout. The barn has 10 12x12 stalls, a tack room, a feed room and two wash stalls.

The barn is 4000 square feet. There is a 2/2 guest house which is great for groom boarding or trainers to stay over. This Loxahatchee Deer Run horse farm is fully fenced and has five over-sized paddocks. The views are amazing.

When you visit this horse farm in Loxahatchee you feel like you are in a distant place that perhaps only has lived in your imagination. The calm serenest of this property reminds me of the tropical tranquil settings you see in travel magazines. But it is real. We are so happy that this is going to be home for the new buyers and their horses who of course are a big part of the family.

Here is our Market Trend for the first 2 months in the area of West Palm Beach called the Acreage.

The slight increase in absorbion rate can likely be attributed to more foreclosure being released. Sales stayed fairly steady but inventory did rise.

It is my opinion most sales in this price point selling at a median of 102% over asking, this particular market will continue to be very hot.

However, if shadow inventory continues to be released, we can most likely predict that sales prices will remain depressed as more inventory continues to be released, thus keeping prices steady.

We can only hope that REO inventory will start slowing as our economy continues to recover and this should allow our prices to finally start rising.

Latest trends show an increase of 25% in median price over same time last year, but that was with a decline in REO inventory release for last quarter, but now it appears this is starting to release again, so it will be interesting to see if we can continue our price increase pace.

And check out this report from Active Rain on predicted trends: http://actvra.in/tJy

Jan-12Feb-12
# Months Inventory	7.59	10.88
# Active Listings	349	370
# Sold Listings	46	34
Absorption Rate	46	34

IS A SHORT SALE FOR YOU?

If you are no longer able to make your home payments, and you owe more on your mortgage than your home is worth, you’re in good company. An estimated one-fourth of all U.S. homeowners are Upside Down on their mortgage—meaning they owe more on their home than they could get from selling it in today’s market. Often the best solution for homeowners in this situation is a short sale in which the bank agrees to accept less than is

owed on the mortgage. The bank doesn’t want to foreclose on your home and short sales are more common than ever before. The situation is complicated and the stakes are high. Never

has it been more important to have a local market advocate on your side.

Contact me today and let’s get started!

Loxahatchee 5 acres- SOLD and closed in less than 18 days!

We listed a 5 acre lot in Loxahatchee Groves for $124,777.

A buyer saw our sign on the lot and called us to make an offer.

The agreed upon sales price was $105,000.

The buyer paid ALL CASH for this property.

We closed this property in 3 days from the time of the offer being executed to the time of closing.

We are transaction brokers so we helped both the seller and the buyer in this transaction.

Thanks again to our awesome title company officer- Tina- who drives all over to get the closings done!

It is tough to sell land in Loxahatchee right now because of the property values having dropped so much in the last 5 years. Many people bought lots for all cash that are worth less than what they paid for them a few years ago. You still have to pay your taxes every year on your lots even if you own them free and clear.

Don't lose your lot to a tax deed sale. If you are having a hard time making your property tax payments or it is not feasable for you to do so any longer, call Nestor Gasset at 561-753-0135 to get your lot listed. It is better to take the loss and get some money out of it than to just let it go to a tax deed sale.

Foreclosure... It’s not the only option!

Explore the Alternatives to Foreclosure!

Not sure how you’re going to pay mortgage this month?

You’re not alone

With all the information out there concerning the alternatives to foreclosure, finding the right solution for your needs can often be confusing and discouraging. Regrettably, more than 7 out of 10 homeowners facing foreclosure will proceed without ANY assistance. With my specialized CDPE training in foreclosure avoidance, I fully understand and can successfully carry out all the alternatives available to you.

I am here to help!

Together, we can lay out the options so that you can choose the best solution. Until then, I have provided a report briefly explaining all the options at http://www.sheldahodges.com/, under resources tab “Options and Solutions For Homeowners in Foreclosure” and I sincerely hope that you will use this information and pass it along to those who may need it.

Contact me any time with your concerns. I am here to help you get the facts and get to where you want to be.