| THE
MARKET IN FLORIDA IS DEFINITELY TURNING |
April 23, 2009
Charles Hanes |
Hey investors! Since last fall you’ve been
writing to me asking me to give you a head’s up when/if the Florida
market starts to turn around. I am always happy to comply with your
wishes and, after all, Florida is one of my favorite places in the
world. How can you not be drawn to those sandy beaches and that sun,
sun, sun!
Well, I just returned from another “due
diligence trip” like the one I took last spring and last fall, after
which I wrote articles telling you that the market still had a ways
to fall. Well, thanks to initiatives implemented by President Obama,
low interest rates and drastically reduced prices (not to mention a
serious pool of foreclosure properties) I can tell you that the
Florida market now has a ‘buy now’ sticker plastered all over it!
Don’t get me wrong, there
are still lots of Foreclosures but where do you think deals come
from? Houses and condos that were selling in the $500,000 price
range, today are being gobbled up for around $250,000. Despite what
we read about the plethora of foreclosures a surprisingly large
number of real buyers are down there grabbing up these deals!
I met with buyers who
couldn’t qualify for a home in the $500,000 price point but now,
with a tax credit of $7,500 for first time buyers and extremely low
mortgage rates, that first time buyer who couldn’t quality is now
buying that $500,000 house at half price and they do qualify for
$250,000! Sales are up and prices are still down but they won’t sit
at that level for ever so if you are looking to invest in southeast
Florida I would recommend that you Register with me right away, and
let me find you what you are looking for.
The best indicator when
working with me is to know that I’ve purchased for myself, and I did
buy a place during this trip. I also found a very high quality, low
density development along the Hillsboro Mile (one of Southeast
Florida’s most prestigious residential ocean front neighborhoods)
where prices have been reduced between 35% and 50%! The development
is called 1200 Hillsboro Mile and one of it’s biggest selling
features is that there are only eleven prestigious residences in
phase I which is located on the west side of A1A with unobstructed
views of the Intracoastal! That’s right you can sit in your living
room or front porch and watch the yachts motor by!
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Hillsboro Mile is truly spectacular! If you are one of my frequent
readers, you already know that I don’t just recommend anything out
there! I don’t work solely for commission. Don’t get me wrong I have
to get paid for my services but I take very seriously my fiduciary
obligation to protect the best interests of ONLY my client! Trusting
my word and my professionalism is what has made me so successful
over the years. My clients and frequent readers (who unfortunately
infrequently use “cousin Jane” for the buy after gaining the needed
knowledge from my free articles) know that I always go the extra
mile by undertaking complete and comprehensive “due diligence” and
before Endorsing any development or developer I insist on always
meet with the developer. As George Bush said about Putin, “I looked
into his eyes and see his soul”. Well, I’m not that full of hot air
(nothing personal George) as I couldn’t hope to “see a man’s soul
from looking in his eyes” but, as I said many times here before,
although “I was born at night it was not last night” and I can
always tell integrity when I see it and this guy is a straight
talker with a quality product that is already built.
If you are a frequent reader
you will know my view on the flakiness of the majority of Toronto
developers (Canderel Stoneridge for instance – I still haven’t been
able to get over the offensive way they have handled clients).
The location 1200 Hillsboro
Mile is truly second to none. It’s located right on A1A just south
of Hillsboro just north of Fort Lauderdale and just south of Boca
Raton right on the ocean and Intracoastal. It’s a two phase
development with the first building completed and some units already
occupied and did I say that “there are deals to be had”!!! Oh ya,
“there’s deals to be had”. When I was down last fall I picked up
their price list and can show you legitimate price reductions with
uncompromised quality finishes. Price is not the only thing to go on
though and as I said above, I’ve met personally with the Developer
and I have no hesitation recommending this quality development as “A
Buy”!
They had been reading my web site already (boy
it’s still impressive to meet people who’ve been reading my material
and have such positive things to say) and I told them that, based on
their physical product, uncompromised location and revised prices
that I’d probably have a couple investors for them so if you’ve been
holding back looking for a quality investment in southeast Florida
contact me right away. I managed to build in a couple perks for my
buyers that take this investment opportunity over the top so if you
are sincerely looking for a “no lose investment” or just a top
quality winter residence (or permanent residence if you’re fortunate
enough to be able to move there) I am confident that I’ve got it for
you.
They are selling (have made a couple sales in
the past week) and with only eleven homes in the building, you can
understand that these prices will not be available for very much
longer so contact me today. I’ve got a couple of unbeatable perks
for clients that you wont’ find anywhere else!
I’m heading back down
shortly to search out other investment opportunities but I’m
doubtful that I will find others that match the quality, location,
prices and/or perks that I have for you with 1200 Hillsboro Mile.
I’m Charles Hanes!
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