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South Florida Welcomes Fall!
Have You Heard? It's Selling Season!
Mandatory Equity Membership: Points to Ponder
Life is Sweet on the Peaceful Shores of Highland Beach


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Real Estate South Florida 2014

Have You Heard? It's Selling Season!

Did you know that more than half of all annual home sales will take place between May and August? Before we all get busy with back-to-school and the onset of the holiday season, this window is the perfect opportunity tomake a move.

Buyershave a unique opportunity to take advantage of historically low interest rates. The nightly news consistently warns us, rates will eventually tick upward as the housing market recovers.Buyersare poised to lock into these low interest loans for the 2014 selling season.

Mandatory Equity Membership: Points to Ponder

Mandatory Equity Membership:Points to Ponder

Mandatory Equity Membership is associated with golf course communities requiring homeowners to purchase a club membership when they buy a home. This membership entitles them to use the facilities and own a portion of the golf club.

There is a mandatory equity membership fee and at times, an initiation fee; these can range anywhere from $5000.00 to $250,000.00, dependent upon exclusivity. Some clubs separate the fee into an amount that represents the refundable equity interest and one that represents a contribution to capital that is not refundable.
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