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Buying a Wellington FL Short Sale: What is a Short Sale?

Mon, 06 Feb 2012 13:00:17 -0500

Buying a Wellington FL Sale: What is a Short Sale?

Buying a Wellington Short Sale can be a very daunting and confusing process, especially if you are not working with an experienced Wellington Short Sale Agent who can guide you through the process. This is the first in a series of post, which will serve to educate Wellington home buyers about the often misunderstood process called a short sale:

Buying a Wellington Short Sale: What is a Short Sale?

A Wellington Short Sale is when the seller owes more than their home will sell for in today's real estate market, so they ask their liendholder(s) to accept less than what they owe. Unlike a bank owned home (REO) a short sale seller still owns their property, so the Wellington short sale seller is the one who will accept, counter or decline offers, NOT the short sale lienholders.

Originally posted at http://wellingtonhometeam.com/buying-a-wellington-short-sale-what-is-a-short-sale/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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Wellington Short Sales Wellington FL Real Estate: January 2012 Market Report for Wellington Short Sale Homes for Sale

Sun, 05 Feb 2012 16:36:52 -0500

Wellington Short Sales Wellington FL Real Estate:
January 2012 Market Report for Wellington Short Sale Homes for Sale

Wellington FL Short Sales have been common place for several years now and currently account for 19% of the homes for sale in Wellington FL, which is an decrease of 1% compared to the previous month.

While some Wellington real estate agents still don't understand the short sale process I do and assist both short sale sellers and buyers with their real estate needs.

Search Short Sale Homes for Sale in Wellington Florida

Click here if you would like to buy a Wellington Short Sale
Click here if you need to sell your Home in Wellington FL as a Short Sale
Click here to search Short Sale Homes for Sale in Wellington FL by Map

Originally posted at http://wellingtonfloridashortsale.com/wellington-short-sale-market-report-january-2012/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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JUST RENTED!!! 8946 Alexandra Circle Wellington FL 33414

Sat, 04 Feb 2012 20:26:16 -0500

Olympia Wellington FL Real Estate – Just Rented 8946 Alexandra Circle

This beautiful 4 bedrooms + den, 2.5 bathrooms, 2 car garage Wellington home for rent was located in the desirable guard gated community of Olympia.

Olympia offers residents amazing amenities and is close to shopping, dining and entertainment. Top rated Wellington schools are also a short bike ride away.

Search other homes for rent in Olympia – Wellington FL now!

If you are looking to BUY, SELL or RENT a home in Olympia Wellington FL contact me today!

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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Wellington FL Real Estate Market Report: December 2011

Fri, 03 Feb 2012 21:14:28 -0500

Wellington FL Real Estate:
December 2011 Market Report for Wellington FL Homes for Sale

Wellington Florida Home Sales INCREASED 15% since last month and homes in Wellington continue to sell at a rapid pace.

Current real estate market reports indicate that Wellington Florida is a rather STABLE MARKET, but is on the border of becoming a BUYERS MARKET.

Search Homes for Sale in Wellington Florida

Click here if you would like to buy a Wellington Home
Click here if you need to sell your Home in Wellington FL
Click here to search Homes for Sale in Wellington FL by Map

Originally posted at http://wellingtonhometeam.com/wellington-fl-market-report-december-2011/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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FREE Movie Night at the Wellington Amphitheater: Friday, 2-3-12

Fri, 03 Feb 2012 11:24:37 -0500

FREE Movie Night at the Wellington Amphitheater: Friday, 2-2-12

It's already February, which means FREE movie night at the Wellington Amphitheater is just around the corner. The weather in Wellington Florida has still been gorgeous, but you may want to bring blankets along with your lawn chairs.

Friday Night Movie: Glee The Concert Movie
Friday, February 3rd, 2012 at 7:30pm
Rated: PG
Starring: Cory Monteith, Dianna Agron and Lea Michele

Wellington Florida’s FREE Movie Night takes place on the First and Third Friday of every Month at 7:30pm again. I recommend arriving earlier to get your lawn seats.

The Wellington FL Amphitheater is located on Forest Hill Blvd just west of 441 and east of Wellington Trace next to Scott’s Place the newest Wellington Florida Playground.

For more information contact Wellington FL directly at 561-791-4796.

Not the FREE Movie Night you are looking for? Check out the list of most recent movies and other Wellington Florida community events: Wellington FL Events

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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Wellington FL Real Estate Market Report: November 2011

Fri, 06 Jan 2012 15:08:24 -0500

Wellington FL Real Estate:
November 2011 Market Report for Wellington FL Homes for Sale

Wellington Florida Home Sales DECREASED 8% since last month, but homes at certain price points continue to sell at a rapid pace.

Current real estate market reports indicate that Wellington Florida is a rather STABLE MARKET, but is on the border of becoming a BUYERS MARKET.

Search Homes for Sale in Wellington Florida

Click here if you would like to buy a Wellington Home
Click here if you need to sell your Home in Wellington FL
Click here to search Homes for Sale in Wellington FL by Map

Originally posted at http://wellingtonhometeam.com/wellington-fl-market-report-november-2011/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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Grand Isles Community Garage Sale: Saturday, February 25th, 2012

Thu, 02 Feb 2012 18:55:39 -0500

Grand Isles Community Garage Sale: Saturday, February 25th, 2012

Grand Isles, a Wellington FL guard gated community, will be hosting their 3rd Annual Community Garage Sale on Saturday, February 25th, 2012 from 8:30am to 12:30pm.

The Community Garage Sale will be held along Isles View Drive, which is one block west of Grand Isles' main entrance located on Lake Worth Road (Between South Shore & 441).

There will be plenty of FREE parking at Polo Park Middle School.

Originally posted at http://wellingtonhometeam.com/grand-isles-community-garage-sale-saturday-february-25th-2012/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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Wellington Florida | A Decade of Development | My How This Little Village Has GROWN!

Wed, 01 Feb 2012 11:45:21 -0500

Wellington Florida | A Decade of Development
My How This Little Village Has GROWN!

My family and I are so proud to call Wellington Florida home, as we have for over a decade now. We've watched our boys grow up in this little 'Village' and my how it has grown -- in fact, the Village of Wellington has grown nearly as quickly as my boys! What a wonderful place to raise our children, live, work and play!

It has meant so much to be a part of the incredible journey and here are just a few of the things we've witnessed over the past decade.......

The Mall at Wellington Green Opened in October 2001:
10300 W. Forest Hill Blvd. Wellington Florida
The Mall at Wellington Green was the Palm Beach County's very first central western area mall. You will find anchor stores like Dillard's, Macy's, Nordstrom, JCPenney and more than 170 other specialty shops at the mall. Surrounding the Mall at Wellington Green you will also find more shops and restaurants, like Whole Foods, Olive Garden, Pier 1 Imports, Macaroni Grill, Kirklands and many more.

Village Park Expansion January 2005:
11700 Pierson Road Wellington Florida
Commonly referred to as Pierson Park, the road it's located on, Village Park is the largest park in Wellington Florida and sits on 114 acres. Back in 2004-2005 another gymnasium was added onto the main gymnasium at Village Park along with locker rooms, offices and classrooms. Many of Wellington's sporting events take place at Village Park, which has soccer fields, baseball diamonds, football fields, skate park, basketball court, volleyball courts and a childrens playground. (Read More About Village Park)

Wellington Library Remodel July 2007:
1951 Royal Fern Drive Wellington Florida
The Wellington Florida library was closed for well over a year and I can tell you as a Wellington resident who makes frequent trips to the library it seemed like a decade, BUT it was well worth the wait. The Wellington Library went from 8,000 square feet to 30,000 square feet and it was an amazing transformation. They increased their collection, added more computers, meeting room space, a larger children's section, more customer service staff along with additional parking. (Read More About the Wellington Library )

Peaceful Waters Sanctuary Opened in May 2008:
11700 Pierson Road Wellington Florida
The Peaceful Waters Sanctuary is a 26 acre wetlands park located at Village Park. Nature lovers will enjoy walking the 1,500 feet of boardwalks and one mile walking trail that features a variety of animals and plant species native to South Florida. The Peaceful Waters Sanctuary in Wellington is also the perfect place for photographers to capture beautiful images.

Scott's Place Barrier Free Playground Built in March 2010:
12300 West Forest Hill Boulevard Wellington Florida
Scott's Place is a playground in Wellington Florida that I will always hold near and dear to my heart for two reasons; One it was built in honor of Scott Williamson who lost his life to Cerebral Palsy, which is the same disability I lost my cousin to and the second reason is because my family and I took part in the Community Build. I look forward to the day I get to take my grand children to Scott's Place, show them our family paver and let them know their dad help build this park. (Read More About Scott's Place)

Wellington Aquatics Complex Remodel May 2010:
12150 West Forest Hill Boulevard Wellington Florida
Another amazing remodel took place at the Aquatic Complex in Wellington Florida. The pool was deepened, the pool decks were raised and widened and items like electronic touch pads were added. They also replaced the old Aquatic building with a 10,000 square foot structure that includes a concession stand, showers, a restroom, weight room and classrooms. The Aquatics Complex is one of my boys' favorite places in Wellington and it is a great place to beat the Florida heat especially during the summer. (Read More About the Wellington Aquatics Complex)

Wellington Amphitheater Opened in July 2010:
12100 West Forest Hill Boulevard Wellington Florida
The Wellington Amphitheater is by far one of my favorite spots in Wellington Florida. Every week you'll find an event going on at the Wellington Amphitheater; FREE Movie Night, FREE Concert Night, the Green Market. The main building has approximately 3,200 square feet, which features a main stage complete with a full sound and lighting system. It also has restrooms, green rooms, a loading area and has a capacity of 1,500 people. (Read More About the Wellington Amphitheater)

City Hall Opened in December 2010:
12300 West Forest Hill Boulevard Wellington Florida
This 54,000 square foot building was a massive project in Wellington that had a budget of $15 million dollars, but was completed for $10.5 million and will become LEED Certified by the U.S. Green Building Council. Wellington residents are able to pay their utility payment at City Hall, obtain permits, licensing and register for parks. It also houses Wellington's Counsel, staff and other Wellington employees. (Read More About Wellington's City Hall)

Wellington Patriot Memorial Built in September 2011:
12300 West Forest Hill Boulevard Wellington Florida
On the 10 year anniversary of 9/11 Wellington unveiled this beautiful Memorial honoring all of the heroes who lost their lives on that tragic day. The Patriot Memorial is a place where people can honor and remember those who died in the September 11th attacks. The Patriot Memorial features a steel beam from the south tower of the World Trade Center, an eternal flame and four glass panels etched with the names of everyone who lost their life on 9/11. (Read More About the Wellington Patriot Memorial)

Wellington Communities Built Over the Last Decade:
Black Diamond ~ Buena Vida ~ Equestrian Club ~ Georgian Courts ~ Isles at Wellington ~ Mayfair ~ Oakmont Estates ~ Olympia ~ Towne Place ~ Versailles ~ VillageWalk ~ Wellington Shores ~Wellingtons Edge

Wellington Schools Built Over the Last Decade:

Elbridge Gale Elementary School

Equestrian Trails Elementary School

Emerald Cove Middle School

Palm Beach Central High School

Wellington Restaurants Built Over the Last Decade:
Bonefish Macs ~ Buca di Beppo ~ Chilis ~ Earl of Sandwich ~ Flanigans ~ Jason's Deli ~Macaroni Grill ~ Moe's Soutwest Grill ~ Olive Garden ~ Panera ~ Pei Wei ~ Pyro Grill ~ Ruby Tuesday's ~ Saitos's Japanese Steakhouse ~ Smokey Bone's ~ Stonewood ~ Tijuana Flats ~ TwoJay's

Other Wellington Transformations that have Taken Place Over the Last Decade:

Wellington updated their logo

Village of Wellington signs have been updated

Village of Wellington signs have been installed

Two major roadways have been completely renovated, Forest Hill Boulevard and South Shore Boulevard, that included the addition of trees, plants, flowers, pvers and lighting.

441 also known as SR-7 expanded and went from four landes to eight lanes

Stribling Way was added

120th was paved

View Wellington Florida A Decade of Development in a larger map

If you are looking to relocate to this fabulous community that my family and I call home contact me today!

Originally posted at http://wellingtonhometeam.com/wellington-florida-a-decade-of-development-my-how-this-little-village-has-grown/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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Wellington Shores Wellington FL Real Estate: January 2012 Market Report for Wellington Shores Homes for Sale

Wed, 01 Feb 2012 08:42:41 -0500

Wellington Shores Wellington FL Real Estate:
January 2012 Market Report for Wellington Shores Homes for Sale

Wellington Shores in Wellington Florida is a gated single family home community located on the south side of Lake Worth Road just west of 441 (SR-7).

If you are not familiar with this beautiful community you can learn all about it by visiting Wellington Shores Wellington Florida Real Estate or take a slideshow tour of the neighborhood, you can also search homes for sale in Wellington Shores now.

Search Homes for Sale in Wellington Shores Wellington Florida

Click here if you would like to buy a Wellington Home in Wellington Shores
Click here if you need to sell your Home in Wellington Shores Wellington
Click here to search Homes for Sale in Wellington Shores Wellington FL by Map

Originally posted at http://wellingtonhometeam.com/wellington-shores-market-report-january-2012/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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What is an Escrow Deposit? Wellington FL Real Estate

Tue, 31 Jan 2012 18:35:23 -0500

What is an Escrow Deposit?

An Escrow Deposit, also known as an Earnest Money Deposit, is money that a homebuyer puts down as a sign of good faith when purchasing a home.

Where does the escrow deposit go?
The buyers escrow deposit is usually held by the Listing or Selling Real Estate Brokerage, Title Company or Attorney and will be applied towards the buyer's closing costs.

When is the escrow deposit collected?
Our Residential Contract for Sale and Purchase has three options for when the escrow deposit is collected:

1. It Accompanies the Buyer's Offer
2. Upon Seller Acceptance
3. Collected within "X" Days After Seller Acceptance

Most homebuyers choose option #2 as opposed to option #1 because once an escrow check is collected it must be deposited into an escrow account. By choosing #2 the escrow deposit will only be collected and deposited if the buyer and seller come to terms.

How much escrow does a buyer need to put down?
The amount of an escrow deposit varies. In my experience the initial deposit is usually between $1,000 to $5,000. Besides the initial deposit a homebuyer may put down an additional deposit within 7-15 days after the effective date of the contract.

Do homebuyers have to put down an escrow deposit?
NO, BUT I have never seen a seller accept an offer without an escrow deposit.

Can a seller keep a homebuyers escrow deposit?
YES, IF the buyer defaults there is strong possibility the seller will be entitled to the buyer's escrow deposit, but it depends how the contract was written.

If a buyer's only contingency is to obtain financing within 30 days and they are denied within that contingency period the escrow will be returned to the buyer. However if the homebuyer is approved for financing and on the 35th day the buyer decides to back out of the contract the seller will most likely be entitled to the buyer's escrow deposit. Once again it all depends on how the contract was written.

Can the escrow company release the escrow deposit to the buyer or seller?
If the buyer is backing out of the contract both the seller and buyer will need to sign a release and cancellation of contract agreeing to who gets the escrow deposit. However if the escrow deposit needs to be released for closing most escrow companies require an escrow request form to be completed and the escrow deposit will be made payable to the closing company. This isn't something the buyer or seller needs to sign off on.

If you are looking to buy a home in Wellington FL contact us today!

Originally posted at http://wellingtonhometeam.com/what-is-an-escrow-deposit/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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Olympia Home for Rent: 9070 Dupont Place Wellington, FL 33414 MLS# R3255880

Mon, 30 Jan 2012 13:41:39 -0500

Olympia Home for Rent:
9070 Dupont Place Wellington FL 33414

Gorgeous home for rent in Olympia featuring 3 Bedrooms + Den and Loft, 2.5 Bathrooms and a 2 Car Garage. Upon entering the double doors of this two story home you will fall in love with all of the fabulous upgrades. The formal living and dining room are perfect for entertaining, featuring ceramic tile and custom window treatments.

The kitchen is upgraded from top to bottom starting with the wooden cabinetry, granite counter tops and stainless steel appliances. The kitchen also has a breakfast bar, breakfast nook, built-in desk and overlooks the family room, which has sliding glass doors that lead out to a covered patio.

The beautiful wrought iron staircase will take you to the second floor where you'll find the master bedroom, two additional bedrooms and an over sized loft. The master bedroom features a 16x10 den perfect for an office, nursery or exercise room. The master bedroom also has a private balcony, walk-in closet with custom built-ins and a private bath complete with dual sinks, upgraded cabinetry, a roman tub and separate shower. Both secondary bedrooms are a nice size and the16x11 loft could easily be converted to a 4th bedroom.

Olympia is a guard gated community in Wellington Florida that has resort style amenities. Top rated schools are a short bike ride away along with shopping, dining and entertainment. The Palm Beach International Airport and Florida Turnpike are also close by along with the beautiful Florida beaches.

This beautiful home for rent in Olympia is offered at $2,200

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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Condo for Sale in Sheffield Woods: 12960 Dartford Trl #12 Wellington FL 33414

Sun, 29 Jan 2012 08:44:28 -0500

Condo for Sale in Sheffield Woods:
12960 Dartford Trl #12 Wellington FL 33414

UNDER CONTRACT WITHIN 24 HOURS!!! Great 2 Bedroom, 2 Bathroom Condo for Sale in Sheffield Woods, which is small condo community conveniently located in the heart of Wellington. This second floor condo has a ton to offer, including vaulted ceilings, skylights along with tile and wood floors throughout. The oversized living and dining area overlook the peaceful canal, which you can enjoy from the covered and screened balcony. The kitchen features newer appliances, including a full size washer and dryer. The kitchen also has a sliding glass door that leads out to the private balcony located in the front of the unit, which is where you will find the lockable storage closet. The oversized master bedroom has a walk-in closet and private bathroom while the second bedroom, also a nice size, has a sliding glass door that leads to the covered and screened balcony overlooking the canal.

Sheffield Woods in Wellington FL has great amenities, which include a swimming pool and clubhouse. The quarterly condo fees are currently $630.60 and include access to the amenities, basic cable, exterior building insurance, lawn care and interior and exterior pest control. Shopping, dining and top rated schools are just minutes away from this great condo along with the Wellington Equestrian grounds. If you are looking for a full-time, part-time or great investment this is the condo for you!

Sheffield Woods Condo for Sale:
12960 Dartford Trl #12 Wellington FL 33414

Overview
Maps
Photos
Description
Neighborhood

$60,000 Condominium Main Features 2 Bedrooms
2 Bathrooms
12 Units
Interior: 1,180 sqft
Location

12960 Dartford Trl #12
Alexandra Cir
Wellington, FL 33414
USA

To get updates on open home dates and other property events, please click the "Like" button below:

Michelle Gibson, REALTOR

Hansen Real Estate Group Inc.
(561) 333-0446
contact@wellingtonhometeam.com
http://wellingtonhometeam.com

Listed by: Hansen Real Estate Group Inc. - Michelle Gibson

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Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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Towne Place Wellington FL Real Estate: January 2012 Market Report for Towne Place Townhomes for Sale

Sat, 28 Jan 2012 16:03:20 -0500

Towne Place Wellington FL Real Estate:
January 2012 Market Report for Towne Place Townhomes for Sale

Towne Place in Wellington Florida is a great townhome community located on the east side of Greenview Shores Blvd just south of Wellington Trace.

If you are not familiar with this beautiful community you can learn all about at Towne Place Wellington Florida Real Estate or take aslideshow tour of the neighborhood, you can also search townhomes for sale in Towne Place now.

Search Townhomes for Sale in Towne Place Wellington Florida

Click here if you would like to buy a Wellington Townhome in Towne Place
Click here if you need to sell your townhome in Towne Place Wellington
Click here to search Townhomes for Sale in Towne Place Wellington FL by Map

Originally posted at http://wellingtonhometeam.com/towne-place-market-report-january-2012/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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Wellington Homeowners Insurance: Are you paying too much for your Homeowners Insurance?

Fri, 27 Jan 2012 09:40:28 -0500

Wellington Homeowners Insurance:
Are you paying too much for your Homeowners Insurance?

If you are a Wellington homeowner you might be paying too much for your homeowners insurance. Insurance Express is a local insurance brokerage in Palm Beach County Florida that can review your existing insurance portfolio with no obligation. They have access to over 20 admitted insurance carries, so they will be able to determine if the current insurance coverage and company you have is the best company offering the best price.

If you haven't had your Wellington Homeowners Insurance Policy reviewed within the last year here are a few items that may have changed and could save you money:

New companies may have become available to the insurance market
Some insurance companies may offer new discounts
Wind mitigation credits may have changed

Since there is no charge for an experienced Insurance Agent at Insurance Express to review your policy you have nothing to lose, but you could definitely gain by getting better Wellington homeowners insurance coverage at a better rate.

Insurance Express
Josh Gibson, Agent
E-mail: jgibson@InsuranceExpress.com
Phone: (888) 688-9494 ext 171
Web: InsuranceExpress.com

Insurance Express offers the following types of insurance in Wellington Florida and throughout the entire state of Florida:

Wellington Homeowners Insurance

Wellington Auto Insurance

Wellington Business Insurance

Wellington Life Insurance

Wellington Health Insurance

About Josh Gibson: Josh Gibson is a licensed Insurance Agent in the state of Florida and has been specializing in personal lines since 2001. He has brokered personal insurance in the United States and Internationally for several of the largest insurance brokerage houses in the country.

Originally posted at http://wellingtonhometeam.com/wellington-homeowners-insurance-are-you-paying-too-much-for-your-homeowners-insurance/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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Sheffield Woods Wellington FL Real Estate: January 2012 Market Report for Sheffield Woods Condos for Sale

Thu, 26 Jan 2012 09:05:28 -0500

Sheffield Woods Wellington FL Real Estate:
January 2012 Market Report for Sheffield Woods Condos for Sale

Sheffield Woods in Wellington Florida is a great condo community is located on the north side of Wellington Trace between Big Blue Trace and Forest Hill Blvd.

If you are not familiar with this beautiful community you can learn all about at Sheffield Woods Wellington Florida Real Estate or take aslideshow tour of the neighborhood, you can also search Condos for sale in Sheffield Woods now.

Search Condos for Sale in Sheffield Woods Wellington Florida

Click here if you would like to buy a Wellington Condo in Sheffield Woods
Click here if you need to sell your condo in Sheffield Woods Wellington
Click here to search Condos for Sale in Sheffiled Woods Wellington FL by Map

Originally posted at http://wellingtonhometeam.com/sheffield-woods-market-report-january-2012/

Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446

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Wellington Florida Short Sales | Buying a Wellington FL Short Sale?