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Adrian Valdes
Real Estate Agent
    Years of Experience: 8

    BS in Marketing
    Transaction Management
    Financial Mortgage Expertise

Direct: (954) 662-1787

Office: (954) 874-2500



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RE/MAX PowerPro Realty
4301 S.W. 124 Avenue #101
Pembroke Pines, FL
(954) 874-2500


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Archive for July 2010

Pembroke Pines company with blimps for improved reception

Friday, July 30th, 2010

Some time ago I read of this Pembroke Pines Company called GlobeTel that promised to build devices for HiDef connections. Sure enough, I found out this week that it was a scam.  ​It was supposed to be a pie-in-the-sky plan.

GlobeTel wanted to construct a bunch of blimps that would float around Pembroke Pines and beam down a torrent of HiDef, five-bars, wham-bam-speedy phone and internet no matter how far you’d roamed outside your home. You could live in Chapel Trail and go all the way to Pembroke Mall with the same reception as if you were home. It was an idea too good to be true, and it was. This week, ex-GlobeTel CEO Timothy Huff went down, he was sentenced for his role in the company’s massive securities and tax fraud conspiracy. 

The New Times story pointed a finger in that direction, reporting that Huff raked in $2.5 million at GlobeTel in 2005 and quoting the company’s lawyer making this admission: “It looks just like another little South Florida scam company.” This is not good for our good name but we’ll survive.

You can call it little company if you call $22,600,000 a little bit of cash, that is how much money Huff and co-conspirator Thomas Y. Jimenez reported in fraudulent revenue.

Huff got 50 months in jail, followed by three years of supervised release. And the successful prospecting Pembroke Pines Company disappeared, not that it ever really existed!

The lesson for all of us Pembroke Pines residents: If it sound too good to be true, it probably is.

Tips on understanding Mortgage Terminology

Monday, July 19th, 2010

If you are planning to buy a new home in Pembroke Pines there are few concepts that you will need to know. If you are brand new to the home buying arena, then mortgage terminology can be as foreign as reading Greek.  Use the following glossary of terms to help you raise your own awareness.

Mortgage: It is defined as a temporary, conditional pledge of property to a creditor as security for performance of an obligation or repayment of a debt. What this means in layman terms is that a bank allows you to assume the ownership of a piece of property so long as you repay the cost of that property under a set of rates and terms as defined by the bank.

Good Faith Estimate: RESPA requires the lender to provide a borrower with an estimate of the fees that will be due at closing. They must provide this within three days of taking your application.

Escrow: Your funds are held in an escrow account by a third party until the closing of your transaction.

Fixed-rate mortgage: This is the most ordinary and uncomplicated home loan available to homeowners today. As the name suggests, the interest rate on a fixed-rate mortgage does not change during the entire duration of the loan.

Adjustable-rate mortgage: It refers to a loan program with a variable interest rate that can change throughout the life of the loan. It differs from a fixed-rate mortgage, as the rate may move up or down depending on the direction of the index it is associated with.

Interest Only Loans: If you make interest-only payments on your mortgage each month, you will pay substantially less than your fully-amortized payment, but gain nothing in the way of principal. You would have zero ownership in your home unless it appreciated during that time. And once the interest-only period came to an end, you monthly mortgage payments would jump, possibly to unmanageable levels for some.

Option arm: The program allows a borrower to pay off their loan balance using four payment options, such as 15 year term payment, 30 year term payment, Interest-only payment, and Minimum monthly payment or negative amortization. This loan program has become one of the most popular mortgage choices for borrowers in the United States in the last few years due to its forgiving payment flexibility. This same payment flexibility has also made it one of the most scrutinized loan programs in history because of its misleading ability to qualify borrowers for a home they truly can’t afford.

Underwriting: This lender process is used to determine how much of a risk you and your mortgage would be to their company. An underwriter will evaluate such things as your credit, available collateral, as well as your employment and current debts.

Points: Broken into two categories, discount and origination, this term refers to a fee paid when obtaining a mortgage. Paying points can reduce your final interest rate.

Origination: Less popular with buyers, as they offer no real benefit to the borrower, these points are fees paid to the lender or loan officer in exchange for their job of evaluating and processing your mortgage loan. These points are not tax deductible.

FHA loans: Mortgages insured by the Federal Housing Administration (FHA) that can be issued by any federally qualified lender. The FHA established the mortgage program in 1934 to help lower income borrowers obtain a mortgage who would otherwise have trouble qualifying. Before then, it was common for potential homeowners to put down 50% of the value of the home as a down payment.

Jumbo loans: This mortgage is any single loan amount over the conforming loan limit, which is currently $417,000 for a one unit property in the United States. Jumbo mortgages are not backed by the FNMA (Fannie Mae) or FHLMC (Freddie Mac), so outside investors typically buy these loans in securitized bundles on the secondary market.

Fixed Rate: Your interest rate will remain the same throughout the life of the loan.

Adjustable Rate: Your interest rate is adjusted periodically. There also may be a penalty for paying off the loan before its maturation date.

Reverse mortgage: This Loan is a tax exempt home loan that allows a homeowner to take cash-out of their home using their existing equity, without taking on a monthly payment or having to sell their home. This loan program is available to homeowners aged 62 or older, who occupy property as their principal residence.

Amortization: The decrease in the principle owed on a home, as it decreases over the life of the loan.

Down Payment: A portion of your total home cost that is paid up-front. It can result in a smaller monthly payment and a lower principle balance.

Refinancing: There may come a time during the life of your loan that you will wish to refinance. Perhaps you want to take advantage of lower interest rates or to consolidate debt.  You have to be eligible and have a great credit standing to qualify.

For more information the mortgage process, be sure to talk with a lender or your real estate agent.

Tips for Keeping you Pembroke Pines home Cool this Summer

Wednesday, July 14th, 2010

The cost of the energy needed to keep your home cool increases just as much as the temperatures this summer. While homeowners across the country come to depend on air conditioners to keep the temperature down during the warm summer months, there are other options that will keep you cool while keeping your energy bill low. Fundamentally, the idea behind cooling your house without using so much air conditioning is by minimizing sources of heat and removing built-up heat from inside. Here are some helpful tips

1. Cut back the transfer of heat through the roof and walls. If the attic isn’t already insulated or is underinsulated, insulate your attic now. This will give you the greatest change in comfort for the least amount of expense.  Weatherize your home to reduce the loss of conditioned air; this is done by using caulk and weatherstripping to cut back on the transfer of air.

2. Fans and ceiling fans can be a great investment for your home. This could be one of the best ways to beat the heat. This one appliance can make a room feel 6 or 7 degrees cooler, and even the most power-hungry fan costs less than $10 a month to use if you keep it on for 12 hours a day. Good fans make it possible for you to raise your thermostat setting and save on air-conditioning costs. Fans don’t use much energy, but when air is circulating, it feels much cooler. Ceiling fans are best, but a good portable fan can be very effective as well. You should remember that even mild air movement of 1 mph can make you feel three or four degrees cooler.

3. Shades, drapes or blinds keep the heat out.  Install white window shades, drapes or blinds to reflect heat away from the house. Close blinds, shades and draperies facing the sun (east-facing windows in the morning and west-facing windows in the afternoon) to keep the sun’s heat out and help fans or air conditioners cool more efficiently. Overhangs, patio overheads, latticework, awnings—all of these work as well.

4. Install inexpensive heat reflecting window film that face the sun. This will keep your house cooler and reduce glare and ultraviolet rays that damage furniture and floors. For the hot Pembroke Pines climate, sun-control types are most effective, but be aware that they will reduce the amount of light that comes in through the windows. 

5. Closely monitor the temperature both inside and out with an indoor/outdoor thermometer. When it is cooler outside, open up windows and doors to ventilate. (Be sure your windows and doors have adequate screens to prevent an influx of bugs.) And arrange furniture and drapes so they don’t restrict airflow. If you have operable skylights or transom windows high on walls, open them to let out super-heated air and create convection currents. 

6. Avoid Internal Heat. The most common sources of internal heat gain are; appliances, electronic devices and lighting. Be aware of devices in your home that are generating heat.  Don’t put lamps, televisions or other heat-generating appliances next to your air-conditioning thermostat, because the heat from these appliances will cause the air conditioner to run longer. The heat they produce will make the thermostat think your house is warmer than it really is, and your system will run harder than it needs to.

You should also try to avoid heat-generating activities such as cooking on hot days or during the hottest part of the day. If you are cooking, use your range fan to vent the hot air out of your house. Even better, when it’s time to cook, opt for the barbecue instead of the range.

Unless you absolutely need them, turn off incandescent lights and heat-generating appliances. Replace incandescent bulbs with compact fluorescents; they produce the same light but use a fifth the energy and heat.

By reducing the amount of heat in your home, you will use less energy to cool it.

7. Plants provide shade from the outside.  Trees, large bushes, and vines can provide shade and cooling evaporation.  Make sure you plant trees or shrubs to shade air conditioning units, but do not block the airflow. A unit operating in the shade uses less electricity. Deciduous trees planted on the south and west sides will keep your house cool in the summer and allow the sunlight to warm the house during the winter.  Avoid landscaping with lots of unshaded rock, cement, or asphalt on the south or west sides of your home because it increases the temperature around the house and radiates heat to the house after the sun has set.

8. Reduce indoor humidity. Humidity makes room air feel warmer so use dehumidifiers. Minimize mid-day washing and drying of clothes, showering, and cooking. When you must do these things, turn on ventilating fans to help extract warm, moist air, but be sure to turn them off when you’re finished so they don’t extract cooled air from the house. 

Always remember that the best way to keep your home cool is to keep the heat out. If you try all of these measures but are still suffering from the heat, maybe it’s time to consider installing a new air conditioner or buy a newer home. Contact Adrian, he will help you find the perfect home in Pembroke Pines.

Tips for families vacationing this Summer in Pembroke Pines

Tuesday, July 6th, 2010

The family vacation is a ritual of summer. While traveling with kids brings parents enormous amounts of joy, it also comes with a certain level of stress. You can make your next vacation relaxing and enjoyable by following these simple vacation planning tips.

1. Pick your destination wisely. Pick a vacation spot that really offers something for everyone in your family. Look for hotels, resorts and getaways that have a wide variety of activities; golf for dad, spa for mom, structured kid’s clubs for children.

2. Don’t overschedule your vacation - We are so busy during school months. We try to balance school, jobs, homework, sports, dance and other activities all the time. Vacation is a time to relax and enjoy the down time.

3. Keep a routine – Kids are creatures of habit that don’t tell time – They know what is coming next because of the sequence, order and routine. Even on vacation go through the same steps surrounding bed time, meal time and potty time so the children know what to expect.

4. Plan time and money spending ahead of time. If traveling with another family, be very clear about everyone’s vacation expectations before you leave. Discuss how much time you plan to spend all together. Talk about all costs from meals to rental cars. Know if one team of parents is going to stay with the kids one night and let the other parents have an adult night.

5. Be prepared. Arm yourself with information about the place you are planning to visit. Most every city has a local visitor’s bureau, and their websites are loaded with information about the destination. Check out their sites to learn about family friendly activities, dining offers, special events and more.

6. Prepare a boredom bag for your little ones. Whether you are planning a car trip or a long flight - Take a hanging travel cosmetic case for each kid and fill each pocket with age appropriate activities; things like books on tape, hand held electronic games and self contained craft kits. Hang it from the seat back in front of where your child is sitting. This will keep everything organized and the young one from asking “are we there yet?”

7.  Sneak in an educational experience - We are never too old to stop learning! Visit hands on, kid friendly museums, walk in the footsteps of history or take a trip to aquarium. Read books or watch movies about what the places that you are going to visit. Learning can be lots of fun.

8. Take advantage of loyalty rewards - Credit card companies, airlines, hotels, cruise lines and rental cars all reward their most devoted customers with special perks, from free upgrades to amenities in their hotel room. Some airlines don’t charge their premium members to check baggage and offer access to the most desired seats.

9. Disconnect to Reconnect – Our families are so wired in with technology that we miss the chance to talk to each other. Make an effort to reconnect with your family members – kids can stop texting, mom can stop with the cell phone and dad can stop with the blackberry so the family can enjoy each other.

10. Make the Internet your travel agent to save time and money – Purchase tickets to theme parks and other attractions online ahead of time, and print them before you leave. That way you don’t waste valuable vacation time waiting in line to pay for admission.

Use this little details in the planning of your summer vacation, it can make a huge difference in the outcome.  South Florida is the place to be this summer but if you go somewhere else make sure to be prepared so you can enjoy a relaxing time away from home.

Tips for Summer Lawn care at your Pembroke Pines home

Tuesday, July 6th, 2010

Summer season is here and in Pembroke Pines it will last for few more months.  Along with the high temperatures and the rain, comes weeds, bugs and, of course, more time needed to tend to your lawn.

It’s also about maintaining a lawn that can withstand all the barbecues, games, parties, and running feet that summer has to offer. Here are some tips for keeping your lawn in shape over those long, hot days of summer and make the  make the most of the season.

1. Proper watering and water conservation is important at any time of year, but particularly when heat and a lack of rain lead to water deficits and drought. Try to water early in the day to reduce evaporation and fungal growth.  Keep yourself updated on your town’s regulations on water usage and irrigation hours. 

2. Evaluate your lawn regularly for signs of irregular color and texture. These can be signs of damage in your sprinkler system, a leakage from your pool, a pests or disease. Once temperatures get into the 80s and above, lawns will begin to struggle a little, growth will slow, color may fade, and lawns will show signs of wear and tear as they are less able to recover from stress and traffic. We want our lawns lush and green for outdoor activities, try to minimize traffic on dormant, brittle lawns. If you’re getting plenty of rainfall and your lawn is actively growing, you can apply a bit of fertilizer to these areas to help the blades recover faster.

3. Proper year-round lawn care keeps a lawn healthy and prevents weeds, disease and pests. But sometimes, insects you may not notice can travel from the yard to your home. To stop them, hire pest control to keep the bugs on the outside. You can also reduce their outside presence by treating the lawn for insects such as fleas and ticks and fire ants.

4. While lawns are generally the focal point of most yards, don’t forget about trees and shrubs. Well-maintained landscaping adds dimensionality to a home and increases its value.

5. Raise your mower blade in the summer. Taller grass is more drought-tolerant, grows deeper roots, and helps shade the earth to prevent weed seeds from germinating. Mow regularly, to prevent cutting more than 1/3 of the grass blade at a time. This keeps your grass healthier and prevents the clippings from smothering the grass. In the heat of the summer, you may be tempted to mow your lawn in shorts and flip flops, but remember, you need to stay safe: wear long pants and closed-toed shoes.

6. Don’t over Fertilize,  it’s best to stop fertilizing about 30 days before your area’s summer temperatures arrive. Applying extra fertilizer in the heat of summer can burn your lawn and create a flush of tender growth that will struggle in the hot summer weather.

7. The essentials of good summer lawn care are watering, fertilizing and proper mowing.  Remember to water deeply and less frequently to encourage drought-tolerant roots and to allow slow-release fertilizers to last through the long Florida summer season.  Organic fertilizers are naturally slow-release, and they are much less likely to burn your lawn (or pollute the environment) than chemical fertilizers. 

If spring lawn care is about getting your lawn healthy and green, summer lawn care is about keeping it healthy while temperatures soar and rainfall becomes a fleeting memory. Enjoy your beautiful Pembroke Pines backyards and don’t worry if you lawn doesn’t keep up, it will came back greener than ever as the temperatures go down again.

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