New Smyrna Beach, FL

JIMBO DOES JUMBO IN NEW SMYRNA BEACH FLORIDA

Looking for that perfect loan for your new dream home? Well look no further. Jimbo has been closing JUMBO loans in Florida for over 10 years. The key to getting the best rate for a non conforming loan such as a JUMBO is to have an experienced loan originator put the file together for you in the right manner. Shortcuts and files that make for messy presentations end up costing you money. Jimbo is an experienced loan originator that knows how to present your loan in it's best light to the investors.

Call Jimbo today for a Free no obligation interview @ 813.205.7958

I Will Never Pay Full Price…

I have known this guy for 5-6 years. He is a retired college professor. He and his wife have bought a unit in condo-hotel and live there since then.

Sufficient to say that I do not know of anyone in Daytona area, who has money and lives in the condo-hotel.

Time from time he would start talking about buying, and every time he smiles from ear to ear and tells me that this should be a deal.

And then a new listing pops up in St. Regis subdivision of Venetian Bay in New Smyrna Beach. Exclusive area of Venetian Bay, all houses are over 2,500 sq. ft., slate roof, pavers in the driveway, masonry. The house is on the lake, absolutely gorgeous. Viking appliances, and restaurant grade Viking hood… The house was originally purchased for over $600K.

They listed it at only $244,900. There have never been anything for this price in St. Regis. This is a short sale, and I explain how it works and that $244,900 may turn to be not good enough for the bank...

We made all calculations, showing him comparable houses and price psf. CMA comes to $360K.

He tells me he will call me in the morning. He is a man of his word. When he calls me he says he is ready to make an offer.

What is the offer? $175K. I tell him it is a waste if time. What would be my suggestion? Full price?

- I will never pay the full price. Are you crazy?

These imges are photos of actual house.

Last time I wrote about Tuscany Square Condominiums in Venetian Bay (New Smyrna Beach) was in March last year. While the majority of that information is accurate, time changes, and there are few nuances that I want you to know about.

I received a call from a gentleman, who was asking about Tuscany Square Condominiums. He found me on Active Rain. I knew that the blog was written long ago, but I was in a car, and I promised to call him after getting to the office and checking with MLS.

There were 5 units for sale in March 2010. (See below)

There are only 2 units for sale today.

This 3/3 units with over 2K square feet is direct lakefront and is an unbelievable deal. Identical unit (with a bit less of a view) is for $298,500, practically it is double the price. And only 2 for sale. Wow, wow, wow...

And here is a list of sold units in Tuscany Square Condominiums:

Also, and interesting issue came to the surface. I was asked what was included in the Maintenance fee, and I very confidently said that poll is included. Guess what? It is not. This oversized pool is part of the gold club, and is offered to residents for a fee.

They have 3 levels of membership: Social, Silver and Gold, and Social is the most affordable, and if you are not the biggest fan of golf, it is for you. Membership is $600 a year for a single person, and $850 for a family.

So, how come I gave the wrong information in the first place? Well, when they initially were selling condos there, the Golf and Clubhouse were not yet built, and they allowed condo owners to use the pool as part of their regular monthly association dues. We had a client who bought a unit there, and I remember that he could use the pool.

Plus practically every other condo project in the area has their pools. So, I assumed, and I was wrong. My customer corrected me. Wow, how cool is that.

So, Tuscany Square Association monthly fee is $370 a month. Master Venetian Bay Association is $800 a year. Plus Social membership. Comes to $487 for a signle person, and to $507 a month for a family. Compare to other condos, and this is less than in new condos (like Tuscany Square Condominiums) of this size

Anyway, let me know if you can afford it, as if you can, then there is no good reason not to do it at this price. Just call me 386-405-4408. I forgot to mention that it was sold in 2007 for $382,500. There is still a mortgage on it for over $300K. If this is not a deal, what is?

Yes, it is a short sale, but for that price I would take the inconvenience.

New Smyrna Beach FL: Mr. Greenthumb himself, Sonny Yambor of Sunsplash Nursery has gone organic! Fresh vegetables are available now and are being harvested daily.

Corn-squash-cukes and more are looking wonderful and have been grown with no pesticides.

Sonny has even managed to bring this produce to market at prices that you would pay for non-organic produce. Why would anyone choose to ingest pesticides when you can eat vegetables that have not been chemically treated? Healthy and nutritious and locally grown is the way to go.

You can call ahead and see what is being harvested or drop in and pick it up fresh, on site!
Sun Splash of NSB is located at 617 Ingham Road, New Smyrna Beach FL 32168

(Call ahead: 386-427-9816 Off, 386-428-7061 Fax, syambor@cfl.rr.com; www.sunsplashnursery.com )

Bye the way,

Sunsplash Nursery is also known for landscaping and has created and maintained some of the most beautiful developments in the area such as Minorca. If you or anyone you know is looking for landscaping that will retain its beauty and thrive in our climate, you need the expertise of Sunsplash Nursery.

This boathouse embodies all that comes to my mind when I'm on the Intracoastal Waterway- affectionately referred to as "the river" by all us locals. This private dock is situated near the New Smyrna Beach- Edgewater line on scenic Riverside Drive,

The boathouse, dock and gear is lovingly maintained. Obviously the owners, like so many of us who appreciate nature's beauty and that serenity found only on the water, away from phones and faxes and e-everythings recognize and revere this sanctuary.

Their plackard reassures us as we drive by to..."Be Still....." and everytime I see it, that still small voice inside finishes the verse:...."and know that I am God." We are so blessed to live in this paradise.