Hollywood, FL

Thursday, November 13, 2008

Search Hollywood Florida Real Estate.

Search Hollywood Florida Real Estate Priced under $130,000. Pool Homes,
Opportunity Knocks! This is your chance to purchase a Single Family Home in Hollywood,Florida priced under "Market Value".

For Additional Information: Contact The Scott Daniels Real Estate Group@ 954-275-0200.Or email realestatefla1@yahoo.com.

1- CODY ST,Hollywood Florida:INCREDIBLE 3/2 WITH BONUS ROOM IN DRIFTWOOD ACRES**TILE THROUGH-OUT **ENCLOSED FLORIDA ROOM ** LARGE CORNER PROPERTY ***LARGE PATIO / POOL AREA**ROOF 6 YEARS NEW**EXCELLENT VALUE.Asking $130,000.

2-THOMAS ST,Hollywood Florida.Bank Foreclosure. 3bed,2ba SFH w/fenced backyard and pool!Asking $130,000 OBO..

3- HOOD ST,Hollywood Florida. SHORT SALE.3bed,2ba SFH.COMPLETELY REMODELED INTERIOR INCLUDING A NEW KITCHEN, NEW APPLIANCES, LARGE NEUTRAL TILE FLOORS IN LIVING AREA, NEW BERBER CARPET IN BEDROOMS, UPDATED BATHROOMS, FRESHLY PAINTED INTERIOR, KNOCK DOWN WALLS.ASKING$130,000.

Miami Beach's City National Bank has received a 5 Star rating with it's over $1 billion in assets from Bauer Financial and Bankrate.com and was given an A+ rating from Street.com in it's 3^rd Quarter for 2008 according to MSN Money Central and PR Newswire.

According to a recent article by The Miami Herald - Nine Banks in Miami-Dade & Broward Counties Earn Top Ratings. Among them are Coral Gables based First Bank, Coconut Grove Bank (Miami), Flagler Bank (Davie) and Floridian Community Bank (Ft. Lauderdale).

What gives banks an A+ or 5 Star rating? How important should the rating of your bank be to you? Should you care?

Banks are financial intermediaries - a depository institution which accepts deposits from the public and then lends those deposits to borrowers. The profits that come from a bank are from lending out these funds. The banks charge an interest on those loans, and from charging for services such as ATM fees, and check-printing charges.

Banks are not for just depositing money, having a checking account and writing checks. The bank's must have $5 million in real estate banking value and have by law in required reserves $2 million in the vault and $8 million in accounts with the Federal Reserve.

Banks earn their revenue by lending out their deposits. For example, a bank which has too many bankruptcies or home foreclosures - its total assets are less than its total liabilities - is when banks become insolvent, weak, and get a poor rating, even close.

Bank ratings are as follows:

A - Excellent 5 Stars - Superior
B - Good 4 Stars - Sound
C - Fair 3 Stars - Performing
D - Weak 2 Stars - Below Peer Group
E - Very Weak 1 Star - Lowest Rated

Top rated bank's success spared sub-prime loans. Did your bank suffer from the sub-prime crisis that our nation is facing today? Is your bank a top or weak rated bank?

Find out if your bank, thrift, or credit union is safe. How safe is your bank?

Bank failure: What to do next? By: Laura Bruce - Bankrate.com

Most importantly, even if you do not want to change your bank to a higher rated bank, make sure that your bank is FDIC insured.

The Highest sale price recorded in Harbor Islands Hollywood Florida was sold back in 2006 and sold for $3,415,000. The buyers were Russian and the property is located in "The Estates" section, one of the sub-comminites in Harbor Islands. "The Estates" is considered the premier section of Harbor Islands due to the fact that the lot sizes are much larger when compared the the other sub-communities in Harbor Islands. Below are the details of the sale:

Address: 1200 Harbor Court Hollywood, Florida 33019
Sales Price: $3,415,000
Sales Date: 3/20/2006
Bedrooms: 6
Baths: 6 ½
Square Footage: 5,466 sq.ft.
Price per sq.ft.: 625 per square foot
Lot size: 19,458 sq.ft.
Waterfront: Yes
Description: Point Lot, Located on a fixed bridge

To see all the sales over 3 million in Harbor Islands visit my Hollywood Florida real estate website and blog.

Scott Patterson

954.661.8871

When a tenant abandons an apartment and leaves personal property behind, what are the proper steps to take of disposing of the tenant's abandoned personal property?

As a property manager, I witnessed a landlord removing a tenant's abandoned personal property as I went to visit my friend at the apartment complex where she resides. The tenant's were late in paying their rent and God knows what causes lie on the reasons for abandoning the rental unit.

The landlord kept ranting about irresponsible tenants and how they had left personal things behind from the silverware to furniture, TV, DVD player and some clothing. Out of curiosity, I asked the landlord how long had the unit been abandoned. The landlord said that the tenant had just called and was going to pick up their ‘stuff'.

But the landlord said that they were entering the unit and taking the tenant's ‘stuff' as collateral for the rent owed. And they did. When the tenants came back they found that their apartment was empty. Apparently, the landlord had not changed the door lock. Big mistake! The tenants then called authorities to file a burglary report.

Immediately, the police came by and asked the landlord to return the tenant's personal property as it is against the law for a landlord to enter a unit and take tenants' ‘abandoned' personal property regardless if they owe rent or not.

The proper procedure was for the landlord to evict the tenant's with the proper eviction documents. Evictions are a process but when done properly, they will save the landlord from getting sued or actually going to jail for theft.

Even if the tenant's do not pay rent and leave the premises, there are steps to take to avoid any legal action against the landlord. Not fair, but laws are laws and guidelines are guidelines.

Alas, both landlord and tenants have a procedure to go by of the right way of disposing of abandoned personal property might the tenants moved out whether they owed rent or not.

The following link is a general guideline (California State) to go by.

U.S. Landlord.com

For Florida Landlords:

Florida Landlord/Tenant Act - Division of Consumer Services

Radius


The latest residential addition to the downtown Hollywood area is Radius. Rising 15 stories it is the premier luxury high-rise condo building in the area. The downtown area of Hollywood has been somewhat blighted and is undergoing revitalization so the opening of Radius is yet another positive step in the transformation of the downtown area.

Radius offers One Bedroom/One Bath units up to Three Bedroom/Two Bath ones, with prices currently ranging from $215k to $560k. They currently rent from $1600 to $2600 per month. Each unit comes with Italian cabinetry, stainless-steel appliances and granite countertops throughout. Flooring includes selections of tile or carpet.

Amenities in the building include a clubhouse, 24-hour concierge, internet access, a rooftop pool, fitness center, covered controlled access parking, optional valet parking and more.

Best of all is the location of Radius – its proximity to Downtown Hollywood, to the beach, to the airport and more is unparalleled. Walk across the street to the ArtsPark to enjoy a concert or relax under a tree and read a book. You’re one block away from a number of restaurants and other local establishments. Travel is made easy with 10 minute jaunt to Ft. Lauderdale/Hollywood Airport. Radius is a mixed-use building so the 1st floor is occupied by a number of well-known establishments including FedEx/Kinkos, Starbucks, Smoothie King, Elite Coastal Properties and RBC.

For more information about Radius or any other place in Hollywood, contact Tchaka Owen at 954.552.6112.