November 4 - 10, 2005 • Vol. 26 - No. 44

 
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Real Estate


By Ron Wetherington
Real Estate Columnist

Feeling Rejected?

Would you be stunned if you offered full-price for a home, and then the sellers rejected your offer in favor of another, also at full-price? Then you’d also be surprised to learn that sellers are not obligated to accept any offer—even one higher than full price.
 
Not selling at the advertised price wouldn’t work well for retailers, but when sellers set an “asking price,” it’s just that—they’re “asking” for an offer to match that. Asking and accepting are two different things.
 
Protect yourself by only offering to purchase a home that is listed with a real estate professional. This gives you some guarantee that the sellers have been encouraged to price the home fairly and to reasonably consider all offers.
 
It follows that you should be wary of abnormally low prices that might signify a seller who is trying to create a bidding frenzy with no intention of accepting the initial price. While this practice is perfectly legal, you should avoid getting into contractual obligations with such a party.
 
The best you can do is to make your offer simple and solid with no contingencies. You don’t know what the sellers consider a “perfect” offer, or why they will or won’t accept yours. To avoid disappointment, it’s a good idea to be prepared to make an offer on more than one home.
 
I am a Realtor-Associate with Beachfront Realty, the second largest privately owned real estate company in the state of Florida. We provide advice, services, a mortgage company, a title company, and an in-house marketing department. It would be my pleasure to help you with your residential or commercial property. 
 
Call 305-868-5516 or email sirron7@bellsouth.net.


Coldwell Banker The Condo Store to
Handle Sales for Atlantic Springs


Coldwell Banker The Condo Store has been named the exclusive sales agency for Atlantic Springs, a 264-unit condominium conversion located at 11299 West Atlantic Blvd. in the city of Coral Springs. Under the direction of the appointed Sales Manager, Heather Thomas, the agency will handle the sales of the spacious two and three-bedroom residences from the onsite sales center.  Prices will start from the $220,000s.
 
“We are pleased to be working with The Condo Store’s level of expertise and am confident in the sales and marketing strategy they bring to the project,” said Gavriel Naim, principal of Beach Hill Development who is converting the development in a joint venture with New York-based Parkstone Properties.
 
The residences are spread over 11 three-story buildings and range in size from 1,114 square feet for the two-bedroom and 1,305 square feet for three-bedroom with lush landscaping fronting a picturesque idealic brook.
 
In-unit features include washers and dryers, private patios and oversized walk-in closets. Several upgrades will be available. Community amenities include a clubhouse, fitness center, business center and recreation room. Outdoors are two pools, a spa, and tennis and basketball courts.
 
Coldwell Banker The Condos Store is one of the market leaders in the sales and marketing of condominiums, lofts, luxury high-rises, cluster and townhomes. Coldwell Banker The Condo Store, is owned and operated by NRT Incorporated an Equal Housing Company.  Coldwell also represents Madison at Metro West in Orlando, another one of Beach Hill’s properties.
 
Atlantic Springs is being developed in a joint venture between Miami-based Beach Hill Development and New York-based Parkstone Properties.
 
The sales center will be located onsite. For more information, call 954-255-1211 or log onto www.atlanticspringscondos.com.
 
 
PHOTO IDS
1. Atlantic Springs



Centerline Homes’ Cobblestone Creek
in Boynton Beach Experiences Phenomenal Sales


 
 
 
Centerline Homes is experiencing phenomenal sales at Cobblestone Creek, the single-family home community in Boynton Beach. Located on the northeast corner of Boynton Beach Boulevard and Lyons Road, the gated community offers luxury living with 115 masterpiece homes. Prices start from the $600s.
 
The homes, which span 2,800 to 4,400 air-conditioned square feet, flaunt luxury features such as gourmet kitchens with granite countertops, wood cabinetry, Whirpool designer appliances, high-volume ceilings, and Mediterranean S-tile roofs. Other features include optional sitting rooms, wet bars, fireplaces, home theatre rooms and extended patios with covered balconies and sundecks.
 
“We have experienced an overwhelming response from the public since we opened our doors,” said Marc Friedman, Vice President of Sales for Centerline Homes. “Yet, we are urging those still interested to hurry in for the opportunity to purchase from prime remaining inventory.”
 
Cobblestone Creek offers a vast 6,000 square-foot clubhouse that houses a swimming pool, a Jacuzzi, a children’s aqua-park and exercise facility.
 
For more information on Cobblestone Creek and the limited number of homes remaining, please visit the sales center at 9486 Lyons Road. From Florida’s Turnpike exit Boynton Beach Blvd. and head west to Lyons Road.  Head north (right) on Lyons and the Centerline Homes’ Cobblestone Creek sales center will be on your right. Hours of operation are from 10am to 6pm, daily.
 
For more than 11 years, Centerline Homes has been recognized as an industry leader for building impressive communities with outstanding value and impeccable customer service. Centerline’s reputation for quality built construction has grown over the past decade with new home communities currently active in southern Dade County, northwards into Broward, Palm Beach and St. Lucie Counties as well as in Osceola and Orange Counties in Central Florida.
 
For more information, call 561-375-6060 or visit www.centerlinehomes.com.
 
PHOTO IDS
1. Cobblestone Creek


GM Atrium, LLC Secures Construction Loan to
Begin Construction of the Atrium at Aventura

 


 
 
GM Atrium, LLC has secured a $77 million loan to finance construction of The Atrium at Aventura, a luxury condominium community at NE 188th Street in Aventura. Wachovia Bank, out of Tampa, Florida was the lender; Valerie Girrens facilitated the transaction.  Representing Gates McVey was Scott Lodde, Managing Member of Gates McVey Hospitality Group, and Tim Reidy, VP of Development at Gates McVey, serving as the Development Manager of The Atrium. Closing took place April 29, 2005.
 
“The Atrium was 85% sold at the time of our closing, making this a desirable loan to secure,” states Girrens.  “GM Atrium, LLC’s  pre-sale marketing activity combined with the company’s impressive management team and their attention to detail secures our confidence in the development.”
 
Seawood Builders, Inc., a division of Catalfumo Construction, LLC is serving as general contractor on the two-tower development.  Initial stages of construction are steadily underway. The community is 90% sold to date and completion is scheduled for the first quarter of 2007. 
 
The 12-story buildings will flaunt three atriums with lush, exotic landscaping. Community features include a 22-boat slip private marina and a boardwalk, a grand event salon and a business room. The 192 two, three and four-bedroom residences are priced from the $500s.
 
With full-service construction and development companies, the Gates McVey Group is a 12-year veteran of real estate development with commercial, residential, hospitality and retail projects on the west coast of Florida.
 
For more information, visit the sales center at 2838 NE 187th Street in Aventura or call 305-937-7750, or visit www.atriumaventura.com.
 
PHOTO IDS
1. The Atrium at Aventura


 

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