Blog detailing a couple in Massachusetts buying and owning a condo in West Palm Beach at City Palms.
Friday, August 12, 2011
TD Bank
Running into some road blocks, trying to fix, may have to go with my local mortgage broker that has a home office in Florida, Mackinac.http://www.mackbank.com/
Wednesday, August 10, 2011
Sales at City Palms
Six (6) units in the last last two weeks. Considering the volatility in the stock markets, low interest rates, low housing prices and strong rental market--could we be at a turning point?
Tuesday, August 9, 2011
FInancing-- TD Banknorth
Working with TD Bank and Arthur Mitchell in Florida. Very smooth process all the documents on-line that we sign on-line, while a few documents we need to print and sign. Very very easy process??? Let's hope the approval is as easy, we get a good rate and we close timely.
Friday, August 5, 2011
Closing Agent
After our offer was accepted, I asked the salesperson, Niki Piersall, for the name of a lawyer that I could use? She proceeded to tell us that they do not use lawyers in Florida for real estate transfers, but instead closing administrators?
Thursday, August 4, 2011
Offer Accepted
After years of Vanessa and I looking for a 2nd home in Florida, we have finally decided on the City Palms in West Palm Beach, Florida unit 203. After a couple weeks of negotiations the offer has been accepted.
Over the past 5 years, we have checked out tons of properties, but in the end this was our favorite. Although I am not a big fan of condos, it makes sense with us being in Massachusetts. Since this is a brand new building, there should not be alot of assessments over the next ten years. Most importantly the developer, Carlyle Group , has deep pockets.
Favorite part about this place is that it is a cab ride from the airport and sits right on City Place--West Palm version of Faneuil Hall.
Over the past 5 years, we have checked out tons of properties, but in the end this was our favorite. Although I am not a big fan of condos, it makes sense with us being in Massachusetts. Since this is a brand new building, there should not be alot of assessments over the next ten years. Most importantly the developer, Carlyle Group , has deep pockets.
Favorite part about this place is that it is a cab ride from the airport and sits right on City Place--West Palm version of Faneuil Hall.
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