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Use the form on the right to send me an eMail.

 

6850 Main St
Miami Lakes, FL, 33014
United States

1-305-606-9032

South Florida Realtor Associate with extensive local knowledge, living in South Florida for over 15+ years.

Looking for a new place wether is renting, buying, leasing to own, or buying and investment property in South Florida real estate? You have come to the right place. I will help you find the perfect real estate property from new construction, single family homes, apartments, town-homes, lofts, condos, and pre-construction developments that will fit your needs in a hassle free process.
Jose Azuaje is very familiar with the areas of Miami-Dade, Broward, and West Palm Beach. 
Looking for a property outside the USA? I can also help you find your dream home anywhere in the world with my extensive network of international brokers.

My goal is to attend to my client's needs in every step of the real estate transaction. Nacido en Venezuela hablo español.
 

Blog

Welcome to my blog, here you can find different articles from how the housing market is doing, to other types of tips relating to the real estate industry.

I also like to feature different developments that are being built or will be built around South Florida. For more detail information on these amazing developments follow the links on the blog articles, or click on New Construction on the top navigation bar of this site.

I also like to read your comments, and if you stumble upon an article you think will be valuable to someone you know please share it, or like it using the buttons at the end of the articles.

Thank you for visiting my blog.

Sincerely,

Jose Azuaje

 

Filtering by Category: Tips

🤷‍♀️ Pre-Qualified vs Pre-Approved 🤷‍♂️What's The Difference 🙈

Jose Azuaje

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As realtors we often hear from buyers "I already have the letter to purchase"

It is great to have for sure, but have you been pre-qualified or pre-approved?

Yes there is a difference between the two, and one will make your offer look stronger than the other when submitting your offer for purchase.

Pre-qualified: this is the first step on when buying a home, and it is sometimes very easy to get.

It can easily be done in many online sites, or over the phone; it is based on data given (sometimes verbally) by the future buyer(s). It will include an overall picture of income, debt, and assets. The lender will review and give an estimate of how much money the buyer(s) can expect to borrow.

Pre-approved: this goes a step further and it is when the lender ask for supporting documentation in order to verify income, debt, assets. It usually includes taxes, paystubs, bank statements, down payment, and credit reports. This will give you a better idea of what to expect from your loan.

So when it comes to the time of submitting an offer for a home, your offer will look much stronger if submitted with a pre-approval letter instead of a pre-qualification letter.

If you need help getting pre-qualified, click loan application or go to the menu tab.

Buying or Selling a Home, Need To Calculate Your Closing Cost?

Jose Azuaje

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Luckily we have tools to help you calculate this cost. It is a pretty close estimate, but remember that pro-rations of property taxes, and association/maintenance where applicable still have to be added.

I just added to the website under Client Tools a calculator from HomePartner Title Services, you can also access it by clicking here. (on branch select Miami Lakes Welcome Center)

If you need using the calculator or calculating the property taxes, and association/maintenance pro-ration just let me know (send me an email, or call me) I will be happy to assist you.

Are you a seller?

Would you like to know how much you will net on the sale of your home after is all said and done?

Let me know, I will gladly present to you a seller's net sheet free of charge.

Mortgages going on-line

Jose Azuaje

Online Mortgages

As the digital age advances many more lenders are trying to relate to the new batch of future home owners "The Millennials".

What better way to do it than moving the mortgage process to an online application? 

Many lenders are already offering this service with minimal human interaction. 

Check out this article featured by the Florida Realtors, and published by the Wall Street Journal.

Are you wondering if you qualify for a home purchase? 

The only way to find out is to apply, and you can do so directly with my office's team for a fast response by clicking here. Don't forget to put my name as your realtor so results get directly forwarded to me.

Take advantage of some of the lowest interests rates we have seen in decades, and amazing buying programs.

Florida Homestead Exemption

Jose Azuaje

Florida Homestead Exemption

If you recently purchased your primary living home do not forget to apply with the State Of Florida for your Homestead Exemption.  

This will give you many benefits with your asset like: limited increase of the assessed value on year-to-year for tax purposes, debtor and creditors protection, reduction of Ad Valorem Property Tax, and finally protection for surviving spouse or minor child.

Want an more in-depth knowledge of all these points? Click here.

After you apply you do not need to re-apply every year, however under the law it is the homeowner's responsibility to notify the office of Property Appraisal if ownership status has changed, or if it is no longer the permanent residence of the owner.

If you are moving from a previous Florida homestead to a new homestead in Florida, you may be able to transfer, or "port", all or part of your homestead assessment difference. 

In most counties you can apply for your Florida Homestead Exemption right online.

For more information and links to where to apply click on Client Tools in the menu, and go down to Homestead Exemption, or Click here.

 

 

 

For Sale By Owner MUST!

Jose Azuaje

For Sale By Owner Sign (FSBO)

For Sale By Owners aka FSBO is definitely an option when a seller wants to sell their home themselves to save on the realtor's commission. Sometimes this approach can work for a seller, but other times it won't.

On this post, I will provide you some tips that For Sale By Owners can use in order to help them reach their goal of selling their house for the most money possible in the fastest period of time.

Some of these techniques are used by realtors to maximize exposure of the property and For Sale By Owners (FSBO) can utilize some of them as well to help them get it sold on their own.

These are some things you should do before thinking about planting that sign in your yard, not in any particular order.

1. Make sure to establish proper value of your property:

  • Intrinsic value should NOT be considered.
  • Improvements made to the property (consider only improvements, not over improvements).
  • Don't believe everything you hear, what your neighbor told you the house down the street or their house sold for, might not necessarily be accurate information.
  • Do a Comparative Market Analysis (CMA) from reliable sources (usually involves a realtor) Zillow and Trulia are NOT accurate sources to provide you a real CMA. If you are in the South Florida area contact me I have not problem providing you a free of charge CMA no strings attached.

2. Have a sign in sheet aka guess registry at the door. Here you want anybody visiting your open house to sign in with their name and contact information. Always follow up on them to see their thoughts of the property (do not take them personally, remember this is valuable feedback).

3. Visit other open houses on your neighborhood; that way you can get a feeling on the market, as well as keeping an eye out for your competition.

4. Put directional signs leading to your open house from any major road, as well as one in front of the house (always check with the city first to make sure it is ok under city's ordinance, and well as with the community for any deed restrictions regarding signs).

5. Make sure your property has proper curb appeal; also that the entrance and the inside of the house is clean, and pleasant for a potential buyer.

6. If possible send your family for a day out on the town, having a house free of occupants is always better for potential buyers; they will feel they have more freedom while touring your property.

7. If you have pets is always better to lock them up in a room by themselves while showings are taking place.

8. Make sure the house has a welcoming smell, use candles or some kind of pleasant extract.

9. Have an advertising strategy, make sure to feature your property in many websites, newspapers classifieds, and flyers as possible; if you are able to put it on the multiple listing service (MLS) do it to expose it to real estate agents who can bring you that buyer, but be fair offer at least a 3% commission to the buyer's agent to better your chances of them bring you a buyer.

10. If you can, have a home inspection prior to putting it for sale. This will help you identify any problems that house might have so you can have them fix; if fixing them is not an option use the inspection findings and report to your advantage, price the property accordingly and fully disclosed the problems with it.

Doing these few things can greatly better your chances of selling the property on your own, which is not an easy task; only 17% of For Sale By Owners are eventually successful of selling their property on their on.

If you have any questions as always do not hesitate to contact me.

Jose Azuaje

 


 

The 5 Top Reasons For Buying A Home

Jose Azuaje

Top 5 Reasons To Buy A Home

Realtor.com conducted a survey on what currently pushes people to buy homes in 2015. Below is a list of the main drivers in today's home-buying decisions.

1."I'm tired of my house" 
This reason topped the charts, the average time in a home has risen since the last recession as more owners have found themselves underwater and faced price declines from 2007 to 2011. After four years of above-average price appreciation, confidence in the market has returned, and together with all time low interest rates give the buyers that added confidence to get into their new home.

2. Interest rates are attractive
The average 30-year fixed-rate mortgage reached a low in January at 3.63 percent and continues to average under 4 percent. That's a big discount compared to the average monthly 30-year fixed conforming rate since 1971, which was 8.39 percent. Such a big difference in rates leaves no doubt that interest rates will remain favorable for many months ahead.

3. Home prices are favorable
Today home prices are still about 20 percent beneath the peak at the height of the housing bubble. Even though the price motivation has decrease from 2012, it still remains one of the top triggers.

4. "I've got more money to spend"
Active homebuyers say an increase in income is their primary trigger for buying a home now, reported a 24% of the buyers surveyed by Realtor.com

5. A change in family circumstances
A change in family circumstance was the main reason of buying a home that was represented by 18% of the buyers of the Realtor.com survey. More people are expanding their families: Births rose last year and are expected to grow again this year as well.
 

Rent To Own? Yes!

Jose Azuaje

RentToOwn

A new program through Home Partners of America allows future buyers to lease a home with the option to buy later at a predetermined price.

This is great news for future buyers that need to fix a couple of things before getting qualify for a mortgage, or need some extra time to save up for a downpayment. It takes out the added pressure of competing with renters and buyers in a red-hot real estate market.

Another great advantage that users of the program offered by Home Partners of America will benefit from is that it removes the process of moving and having to find a new home.

Many home buyers that were hit hard by the housing bust aren't taking advantage of the current economy low interest rates and real estate market because they can't qualify for a mortgage. With some exceptions, Fannie Mae and Freddie Mac, the government agencies that back more than half of all home loans, require a borrower who completed a short sale to wait four years for another federally insured mortgage. A foreclosure requires a seven-year wait.

By 2022, more than 300,000 South Floridians who lost their homes during the bust will have cleared up their financial issues and become eligible to buy again, show reports from RealtyTrac Inc. These buyers should be able to own again, as long as they've rebuilt their finances and secured steady jobs.

To reach those potential owners, Home Partners launched its lease-to-own program in 2012 and moved into South Florida last summer, so far investing $18 million in purchasing 58 homes. Residents can qualify for the program by proving they have sufficient income and no excessive debts.

Next, the new potential owners will choose real estate agent of their choice to help them find their new home. Home Partners negotiates with the seller, paying cash in hopes of securing the deal.

Once the sale has been completed, Home Partners may even repaint or make other minor cosmetic changes to the property. The tenant moves in and rents the home but is under no obligation to renew the lease or to buy the property.

So what if the prospective owner wishes to buy the home? The new resident can buy the home at any time by paying 5% above Home Partners' total acquisition costs, including renovations. Home Partners is not a lender so the buyer will have to obtain their own financing in order the purchase the property.

If the new resident just wishes to rent the own until they are ready to buy years down the road, the rent will increase annually at 3.75%

This program provides rent and purchase price security that is added piece of mind on this market.