Hot Spots to Ring in the New Year

The word 2017 spelled out on clothespin clipped cards in front of glowing lights.

With the New Year fast approaching, many are making plans to celebrate January 1st with old traditions such as making New Year’s resolutions and eating black eyed peas for good luck throughout the year.  But before the first day of the year begins, you may want to close out the old year with a big bang!  If you haven’t yet planned your New Year’s Eve celebration and need some ideas, here are just a few of the numerous events going on in our area….

Cotton Club New Year’s Eve Party

Prepare to ring in the New Year with style and class.  This Renaissance and Swing themed event may be just what you are looking for.  Come adorned in sequins, feathers, flapper dresses, and fedoras to join in on the fun.  The event begins at 9:00 p.m. on December 31st to 4:00 a.m. on January 1st.  The party is located at The New Majestic Room at 150 Australian Avenue in West Palm Beach.  For ticket information, visit www.eventbrite.com.

New Year’s Eve at Villagio Restaurant

Beginning at 8:00 p.m. on December 31st, this New Year’s Eve celebration will last until 2:00 a.m. on January 1st.  Located in Boca Raton, Villagio’s address is 344 East Plaza Real.  The $99 ticket includes a special menu such at Lobster Ravioli and Braised Shank of Lamb and a glass of champagne. For more information, visit their website at www.villagiorestaurants.com.

Boston’s On The Beach

Celebrate in a more casual style at Boston’s on the Beach.  Featuring live music by 56 Ace Band, this venue also offers breathtaking views of the Atlantic.  You’ll find Boston’s at 40 South Ocean Boulevard in Delray Beach.  For more information on this New Year’s celebration, visit www.bostonsonthebeach.com.

New Year’s Eve at Club Boca

Club Boca is located at 7000 West Palmetto Park Road in Boca Raton.  Club Boca will be offering a 2 hour Premium Open Bar and a midnight champagne toast.  VIP packages are available, and ticket prices start at $25.  For more information for VIP and table RSVP, call 561-609-2590.

New Year’s Eve Party 2017 at the Hilton Miami

What better way to celebrate in style than at the Hilton?  Their elegant International Ballroom will be transformed into an exhilarating, high energy party that features international music, open bars with unlimited drinks, food buffets or a formal multi-course dinner.   For more information, visit www.fiestaproduction.com or call 305-661-8581.

We, here at The Scherer Team, wish you a fun and festive New Year’s Eve and a Happy New Year 2017!  As always, we look forward to working with you on all of your Real Estate needs.  Call 888-300-4431 to schedule your complimentary consultation, today.

How to Know if a Buyer is Really Willing, Ready, and Able

man and woman hand closeup with home keys representing buying and selling new apartment and real estate concept

So, your house is on the market and you’re ready to get moving.  Potential buyers are strolling through your home admiring and dreaming……and possibly even making offers.  But how can you be certain a buyer is truly serious?  There are a few telltale signs….

  1. Serious buyers will already have a down payment ready and waiting. Anyone who is serious about purchasing a home is aware that they will need some type of down payment and/or money for closing costs. If you have a buyer that is very serious, you can be fairly certain that they have their ducks in a row, as well as a little nest egg waiting in a bank account.
  2. Serious buyers will already have their credit in reasonably good shape. Not only will these buyers have a savings account, but they will also be in good standing as far as their credit score and history goes.  They will have already done all of the legwork necessary to clean up any unfortunate dings lurking in their past or pay down some of their debt in order to raise their overall score.
  3. Serious buyers will usually have a pre-approval letter. Don’t confuse pre-qualified with pre-approved.  A pre-qualification is a letter from a lender that is written out based solely on the information the buyer has conveyed to the lender.  A pre-approval, on the other hand, is information that the lender has actually verified, including income and credit.  If you have a buyer with a pre-approval letter, you can be almost certain that they are ready, willing, and able!
  4. Serious buyers do not make lowball offers. From time to time you’ll run across investors or buyers who may even be looking out of their price range.  You’ll know, as soon as your agent presents you with the offer, that it may not even be worth your time to work on a counter offer.  Serious buyers will usually come in close to asking price, especially if the property is reasonable and comparably priced.
  5. Serious buyers will present the seller with a sizeable amount of earnest money with their offer. This is another way you can weed out the buyers who are just “fishing” from the ones who are really serious. Buyers who are anxious to move forward on your property will typically want to prove it to you.

If you are serious about buying or selling, call us for a complimentary consultation.  Contact us here at the Scherer Team today.  Call 888-300-4431.

Buying a House in a Seller’s Market

"Beautiful, luxurious House with nice landscaping in Florida"

It’s great to sell a home in a seller’s market; buy buying can be a different story.  Hopefully, you’ve successfully sold your previous home and ended up on top, so buying may not be quite as challenging as it could be when the market is not on your side as a buyer.  But we can’t overlook some of the challenges to be faced in this situation.  First, you’ll need to find a home during a time when they are going fast, and then you’ll need to beat out other homebuyers who want to make an offer on the same property you want.

Well-priced homes which are in nice condition will typically move quickly and often times will have multiple offers.  So, if you want to purchase a nice home, you’ll need to be strategic!  You’ll be wise to use an experienced buyer’s agent because finding your dream home by attending a handful of open houses or browsing online listings will not be enough during a seller’s market.

Here’s a Few Do’s and Don’ts….

Do get everything in order.  This means everything!  In a seller’s market, you can’t afford to let anything slip through the cracks.  Get your finances in order, your credit, your documentation….have it all ready to go.  So, when you decide to make that offer, you won’t lose out because you weren’t prepared.

Do move quickly!  Often times, this means running out to view a new listing at a moment’s notice and writing up an offer immediately if you like the property.  It is not uncommon for a home to be under contract within hours of hitting the MLS.

Don’t have unrealistic expectations regarding inspections and repairs. During times when the market is more competitive, sellers are less likely to agree to a list of repairs.  However, it is possible they will agree to lower the price a bit if the inspection reveals moderate to major issues.  Look at the inspection as a tool to give you more time to assure the house is what you thought.

Don’t lowball!  During a seller’s market, it’s wise to start with your best offer.  A competitive market is not the time to look for a bargain.  Typically, you have one shot at making an offer.  This is especially true when the sellers are receiving multiple offers.

Don’t skimp on your earnest money deposit!  Sellers usually see a direct correlation between the amount of your earnest money and how serious you are about the offer.

Do consider making a back-up offer on the perfect house that may already have a contract pending.  Deals fall apart every day!  If you think you’ve found your dream home and it’s already under contract, you could be in the right place at the right time if the initial deal falls through.

For more information on maneuvering through a seller’s market, contact the Scherer Team at 888-300-4431.

Best Places to See Holiday Lights

Beautiful Christmas decorationOne of the best ways to get into the spirit of the season is to take a holiday light tour.  It’s no secret that lighting effects one’s mood, and during the time of year when days are shorter and nights are longer many of us need all of the help we can get.  So, take advantage of the month of December when decorative lighting is used to light up our lives!  Below, we’ve listed a few locations to help put a little sparkle in your spirit…

Hoffman’s Chocolate Winter Wonderland

Located at 5190 Lake Worth Road in Lake Worth, Hoffman’s is open nightly from 6:00 to 10:00 p.m. through December 30th.  This magical tour is filled with 10,000 lights throughout the gardens.  Santa and Mrs. Claus show up around 6:00 p.m. every Friday, Saturday, and Sunday evenings!  For more information, call 561-967-2213.

Gabriel Lane in Lake Clarke Shores

The neighborhood of Lake Clarke Shores in Central Palm Beach County really come together to light up the night!  Many visitors enjoy walking down the street for a more intimate view of the holiday decorations.  From I-95, take Forest Hill Blvd west to Florida Mango Rd and turn right.  You’ll find Gabriel Road, on the right, about 1½ miles down the road.

The Heights of Jupiter in North Palm Beach County

This large subdivision just east of I-95 is a must-see.  You’ll want to be sure to hit the 6100 block of Hollywood street to see the flying Santa.  Pompano Street is another one you’ll want to locate!  This family friendly neighborhood welcomes visitors 7nights a week!

Snug Harbor Drive in Palm Beach Gardens

The Christmas elves have been busy on Snug Harbor Drive!  As many as 350,000 lights are rumored to grace this neighborhood.  Be patient!  At times the traffic can be a bit slow from visitors wanting to see the spectacle!

For more information, including private residences in our area that are worth the drive, visit the Holiday Lights Guide at http://projects.mypalmbeachpost.com/christmaslights/ .  And, if you’re in the market to find a new home to light up this holiday season, we are always here to oblige.  Contact us here at the Scherer Team today. Call 888-300-4431 to schedule your complimentary consultation.

Why You WANT to Sell Your House During the Holidays

environmentally friendly warm home wrapped in a soft comfortable scarf. Snow is on the small house. Concept

Many homeowners are resistant to listing their homes during the holidays.  But this could be a mistake!  Of course, it’s a busy time of year with all that the season adds to our already busy schedule.  However, serious sellers are wise to go ahead and list instead of waiting until after the first of the year.  Why?  The benefits are many!  Here’s just a few….

Fewer Window Shoppers

While most of us are out tackling the “to do list” of entertaining and gift giving, there are a number of serious buyers who need to make a decision or even close on a property before the end of the year.  You’re almost guaranteed that any and every showing booked during this time will be from those who need to move forward quickly.  Others are simply too busy with the holidays to go out and “kick the tires.”  So, if there are buyers out looking during this time, chances are that they are ready to make an offer!

Holiday Homes are Gorgeous!

Decorating and preparing for the holidays is hard work.  Why not showcase the fruits of your labor to a wider audience than your close friends and family?  You’ve spent time creating a show place, so show it off!  Most likely, your home is more inviting, cozy, and appealing during this time.  Not only that, but it probably smells delicious!  You’ve dressed your home up, now open it up to prospective buyers, and show them how their future holidays can look. Don’t forget to light up the exterior.  This will set the tone from the time your visitors pull up in their car and step onto your front walk.

Emotion Plays a HUGE Part!

It’s true; buyers are known to make decisions based solely on their emotions.  There’s no better time of year to take advantage of this well known fact.  As mentioned, the atmosphere you’ve taken time to create will enable buyers to glimpse into their future.  A warm and welcoming environment will often leave buyers wanting to return.  Don’t miss out on the opportunity!

What Competition?

Taking advantage of the season is something many sellers will simply refuse to do.  This works in your favor, and the reward will be significant.  When there are fewer homes on the market, the seller usually always benefits.  So, if you know you are planning to list your home, don’t wait until everyone else joins the market.  Waiting to do so could cost you!

If you’ve been waiting to list, rethink your decision.  For those willing to add just a little more to their plate during the busiest time of year, the reward could be great.  For more information on preparing your home for the real estate market, contact the Scherer Team at 888-300-4431.