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David Podgursky Boynton Beach Realtor

Archive for June, 2007

Foreign National Homebuyers: Seasoning Funds in US Banks

By David A. Podgursky • Jun 28th, 2007 • Category: Foreign National

Foreign National Homebuyers typically purchase properties both Second Homes and Investment Properties in Vacation and Resort areas.
With the Florida real estate market being on a downswing but still chock full of new development, Foreign Nationals are finding now to be a great time to purchase their vacation homes in Florida. The weak dollar versus the […]



Condo-Hotel/Condotel Financing Explained

By David A. Podgursky • Jun 21st, 2007 • Category: Condo Hotel

Condo Hotels or Condotels are a popular property type in Florida, especially in hot tourist areas like West Palm Beach, Fort Lauderdale, Orlando, Tampa and Miami. With access to beaches, golf and other tourist attractions, Condo Hotel properties are a great way to purchase a vacation home with the benefits of ownership and the conveniences […]



Mortgage Advice: Rates, Home Prices and Opportunity Costs

By David A. Podgursky • Jun 15th, 2007 • Category: Residential Mortgages

Homebuyers rely on Realtors and Mortgage Professionals to help them understand the connection between Purchase Price and Interest Rates and how they relate to time.  The Time Value of Money can be easily interpreted by Real Estate professionals that do a little math to show people the Opportunity Costs of choosing to buy or not […]



Mortgage Advice: What’s worse than Foreclosure?

By David A. Podgursky • Jun 11th, 2007 • Category: Residential Mortgages

What could be worse than foreclosure??  Foreclosure due to being UNDERINSURED.
Many homeowners slide by on their homeowners insurance policy figuring that when the worst happens, they will get paid.  The sad truth is that many homeowners will actually come up short on coverage if their house is totally wiped out.  When the homeowners policy does […]



Florida Property Tax Update: Investor and Commercial Worries

By David A. Podgursky • Jun 11th, 2007 • Category: South Florida Info

The release of the newest version of the proposed Florida Property Tax Reform should worry a large portion of property owners in the State.
While Florida House Speaker Mark Rubio and Governor Charlie Crist have done a reasonable job accommodating homestead property owners, i.e. full time residents, especially those with property values under $500,000, I feel […]