Palm Beach Real Estate and Loans

I'd like to thank everyone that contacted me after my post about the fact that I DO, unlike so many other agents, actually welcome RENTAL Clients.

Now, year-round rentals are one thing, but Palm Beach Gardens also attracts a lot of families that are looking for seasonal rentals.  These are typically December to the end of February or even March.

And full golf memberships are a BIG plus.

However - people have waited way, WAY too long to secure rentals for the coming winter season!

Back in February I wrote an article:

Do You Want to Buy Palm Beach Real Estate - Or Just Play Games?

It was basically about making serious offers for property that you and your family are interested in.

There is something that needs to be added to it - the importance of not waiting FOREVER to make a decision!

I would never want anyone to buy something that they really don't like, can't afford or aren't sure about.  Let's face it, we're talking about one of the biggest transactions you will ever make.

However...... 

Once you find the Palm Beach Gardens real estate that you like, you had better make an offer!

Granted, things aren't 'flying off the shelves' like they were a few years ago.  But if you find a home that you like, the odds are that someone else will like it too.

Make sure to put adequate thought into the matter - but avoid 'paralysis by analysis'. 

If the answer is 'NO', that's fine - we'll move on to something else.  If the answer is "YES", even better.  The worst possible thing you can do is 'just wait for the price to keep coming down because that's what the newspapers say to do'.

Don't even get me started with the newspapers.

Two recent events illustrate this perfectly.

• A couple had looked at several single family homes in PGA National.  We'd narrowed things down to one that they really liked - it had everything that they wanted and a better water view then they had hoped for.  Great, let's make an offer!  Well, ahh, no, not right now - we've been following the news and they say that if we wait for a few more months we'll save some money because prices are going down everywhere.  I cautioned against that and added that if they REALLY liked the home they should make an offer for what they thought it was worth.  Nah, they'd rather wait.  I kept in contact with them and stressed that I thought that they were waiting too long.  Guess what? They did decide to finally make an offer, but someone else had already bought the home.
• I'd shown a family several rental homes in Palm Beach Gardens - they found the one that they liked.  They had very specific needs and this home satisfied all of them.  I urged them to rent the home.  They waited also - I'm sure you know what happened.  Now they are running out of time before the new school year starts.......

I deal with a lot of high-end Palm Beach Gardens real estate.  More often then not, I'll be showing homes that have a lot of custom work & decorations.  I'm not talking about row after row of cookie-cutter identical homes, so when you find what you like..... it's time to get serious!

Someone called me the other day and said something that was a bit of a surprise:

"I know you don't do rentals, but......"

WHAT?!

I certainly DO handle rentals!!

Quite a few real estate agents won't get involved with rental properties.

The reason doesn't matter - I could say that it's due to laziness, but that wouldn't be very nice of me....

I work with Rental Clients all around Palm Beach Gardens - especially in BallenIsles, Mirasol and PGA National.

There are several different classifications of Rental properties:

• Annual - both furnished and unfurnished - the most common type. I've talked to a lot of people who think that they'd like to rent for a year to see if they like the area before actually buying.
• Seasonal - furnished, especially if they are combined with golf memberships, are EXTREMELY popular in the Palm Beach Gardens area.  With the number of courses available this is a great area for people to come to escape the snow for a few months. Typically December through February (or even March).  There is a little flexibility but the minimum term is rarely less than 90 days.
• Off Season - Owners that aren't using their homes during the summer will often offer this type of rental.