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lizcaldwell
Liz Caldwell
Realtor
    Years of Experience: 13

Direct: (954) 646-6332

Office: (954) 306-7220



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EWM International- Weston
2000 Main Street
Weston, FL
(954) 306-7220


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Archive for June 2010

Seven Steps to Lowering Your Property Taxes

Monday, June 21st, 2010

Given the current economy, saving money is on every ones mind. One way to save money is to take steps to lower the property tax on you home. In the United States, sixty percent of all taxable property is over assessed. Therefore, take these seven steps to decrease your home’s property tax and save money.

1. Find out how your county calculates home value. Find out whether they calculate value based on the value of surrounding homes or the cost to rebuild a home in your area.

2. Check your property card. Make sure the information about your home is recorded properly on the card.

3. Compare your property with similar homes in your area

4. Evaluated assessed value v.s. market value

5. Build your evidence. Compare what you find about your home after you have fully assessed all the characteristics of your home with those of similar surrounding properties.

6. Set up an appointment with a professional assessor

7. Finally, appeal your tax assesment

To view the full video and to recieve more information on the topic, click this link and watch the full video: http://manage.top5inrealestate.com/videos/preview/55

10 Trouble Spots to Consider when Buying a Forclosed Home

Monday, June 14th, 2010

In today’s housing market, there are low home prices, high volumes of inventory, and low goverment tax deals. Even though all these factors make buying a home look simple, Buyers should educated themselves about the potential pitfalls of purchasing a distressed property. When they come upon a problem in a home the buyer is considering purchasing, the buyer should consider the source of the problem and when the problem was addressed. Also, when looking at homes, a buyer should look out for these ten indications that trouble could be right around the corner:

1. Unheated house in winter months

2. Missing sinks, toilets, and other fixtures

3. Peeling, bubbling, and or swelling of paint (indication of water damage)

4. Fungus growth (potential water damage)

5. Blocked drains or pipes

6. Black cobwebs or greasy gray residue

7. Old home with extensive renovations

8. Excessive painting (attempting to cover up mold)

9. Discolored subflooring (indication of mold)

10. Air quality

To view the full video and get even more information about purchasing a damaged property click this link: http://manage.top5inrealestate.com/videos/preview/62

Hurricane Season: Is your home prepared?

Wednesday, June 9th, 2010

The most important precaution you can take to reduce damage to your home and property is to protect the areas where wind can enter. It is important to strengthen the exterior of your house so wind and debris do not tear large openings in it. Make sure to enforce the critical areas of your home, which include the roof, straps, shutters, doors, and garage doors.

Protecting your roof is vital to preventing your house from collapsing, especially if you have a gable fit roof. To secure your gable end wall, fasten eight-foot long braces to the bottom chord of the gable truss and the adjacent trusses with sixteen-penny nails. The braces must be perpendicular to the truss, spaced at a maximum of four feet on center. Also, be sure to tie back the gable truss with at least one eight-foot long brace, along the ridge of the roof, to several of the interior trusses. If you have a shingle roof, be sure to hire a professional to inspect if the adhesive is in proper condition for weather damage. Take the next step of cementing the shingles to the roof if you want to be extra precacious. To cement the shingle tabs to the underlying shingles, place two spots of quick-setting asphalt cement about the size of a quarter under each tab with a putty knife or caulking gun. Press the tab into the adhesive. Be sure to cement all the tabs throughout the roof, being careful not to bend them farther than necessary when applying the adhesive. Replace any damaged shingles immediately.

Also make sure to secure where your roof and wall meet. Metal hurricane straps ensure protection for those places in your home where the roof and wall connect. To install hurricane straps and clips, remove the roof sheathingaround the perimeter of the roof to reveal the top of the wall. You may also need to remove the soffit and exterior cladding to reveal the top 12 to 18 inches of the wall. In addition, if the exterior cladding is brick veneer, you may need to remove small sections of brick as needed. If your roof has trusses, make sure you tie them to the wall by either anchoring to the top plate and then the top plate to the wall stud, or strapping the truss directly to the wall stud.

To further secure your home, make sure your home is equipt with shutters. Impact resistant shutters are a great option. They protect against flying objects and sudden pressure changes that could break or weakend the structure of your door or home. A good option for new homes are laminated window systems, or plastic bonded to glass. If your home has permanent shutters, make sure to have them inspected for quality and effectiveness. Also, impact-resistant windows are very effective in protecting your windows from flying debris, even large objects.

Make it a priority to secure the doors in your home. to secure your doors, install head and foot bolts on the inactive door of double-entry doors, make sure your doors have at least three hinges and a dead bolt security lock which has a minimum one inch bolt throw length, and make sure the surface bolt of any double doors extends into the door header and through the threshold into the subfloor. You must even make sure to retrofit your garage door for a storm. To secure your garage door, check with your local government building official to see if there are code requirements for garage doors in your area and check with your local building supplier or garage door retailer to see if a retrofit kit is available for your garage door.

In preparation for hurricane season, take all these precautions to retrofit your home and look into flood insurance. Better safe than sorry.

To read more, please visit http://www.nhc.noaa.gov/HAW2/english/retrofit/secure_home.shtml.

Monday, June 7th, 2010

 

4372 Laurel Ridge Circle, Weston 33331

Popular Emory 5 bedroom 3 bath 3 car garage model, available for $525,000, with 1 bedroom and a  full bath downstairs! The home has fenced privacy hedged backyard with plenty of room for a pool! Equipt with remodeled kitchen with newer cabinetry, granite counter tops, and island. Neutral décor throughout entire house. There are wood laminate floors in main living areas and bedrooms. The windows have accordion shutters on second floor. This guard gated community offers pool and  recreational areas. This is one of the most popular models in Weston! Don’t miss this great opportunity!

Directions:  Take Bonaventure Boulevard nirth from Griffin Road. Make a right at the main gate of The Ridges. Go through the gate, make a right, and follow the road to Laurel Ridges. Enter Laurel Ridges, make a right , and follow the road to the property. It will be on your left.

For more information on this property or any of my other properties, please visit my website: www.lizcaldwell.com.

Ten Important Condo Questions and Requirments

Wednesday, June 2nd, 2010

 

Make sure you ask these 10 important questions of a management company to avoid underwriting problems later!! 

1. What percentage of units is currently on the market for sale? 
 
 2.  What percentage of units are Primary vs. Secondary and Investment? 
 
 3.  What percentage of units is presently occupied?
 
 4.  Does any one person own more than 10% of the condo project? 
 
 5.  What is the percentage of reserves in the budget?   (10% of annual income is required.)
 
 6.  How many unit owners are over 30 days delinquent on their unit? 
 
 7.  Do the legal docs of the HOA contain language that protects the first mortgage rights
 
8.  Is there any pending litigation in the association? (if yes explanations necessary) 
 
 9.  Hazard insurance is to cover 100% of the insurable replacement cost of the project improvements, including indiv
idual units. The deductable should not exceed $10K or 1% of the face amount of the insurance policy. 
 
 10. Must contain $1MM bodily injury and property damage per occurrence. 

 

 

 

 

 

 

 

 

 

 

 

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