Real Estate Information Archive

The Tello Team wants you to be informed with all aspects of your buyers and sellers needs. You are cordially invited to join NAHREP of South Florida, representatives of Bank of America, and servicers of Bank of America for an informative luncheon benefiting current and prospective homeowners.

Open to NAHREP members as well as non-members, attendees will learn and be informed of:

1. New market changes in 2012 which will affect both current and prospective homeowners.
2. How Bank of America finds and selects REO and short sale listing agents.
3. New short sale changes taking place in 2012.
4. How the FHA 203K can assist in getting your customers into homes.

Be sure to register today to be a part of this informative and educational event, taking place on Wednesday, May 23 from 11:30 a.m. until 3:30 p.m. at the Doubletree by Hilton Miami Airport and Convention Center. Lunch is included, and members of NAHREP South Florida may register for a discounted price!

The Tello Team wants you to be in the loop with everything happening throughout our area. For the next several weeks, we will be informing you of things to do in different towns and cities throughout Broward County. We hope you will find out something about each area that you never knew before!

Fort Lauderdale, FL has an abundance of things to do. Whether you are looking for things to do with kids, sporting events, dining spots, shopping, or special events – Fort Lauderdale truly is “the ideal place to live, to visit and to relocate a business”.

Throughout Fort Lauderdale, young to old can participate in :

• The Everglades Holiday Park Tours – tour the Everglades on an air boat through the “Rivers of Grass”
• Take surfing lessons at one of our many surf schools
• Visit one of our many museums, such as the Bonnet House
• Ride the bike trails through one of our many parks
• Enjoy the Riverwalk

There are so many activities in Fort Lauderdale – we can’t list them all! Be sure to take some time, come to Fort Lauderdale, and find something you have never tried or done before.

If you are thinking of buying or selling a home, contact the Tello Team today at 954-237-0600. We’d love to help you with all of your real estate decisions!

The Tello Team wants to know – how can we can help you step out of that comfort zone and take that first step in selling or buying your home?

Shop around when you are looking for a real estate agent – you want to feel comfortable when speaking to your agent about any questions or issues you may have. We are here for you, to answer any questions you may have about selling or purchasing your home, as well as foreclosure and short sale assistance.

We encourage questions, and want you to feel comfortable with us. The Tello Team has a wonderful team of agents who are ready and willing to assist you every step of the way with the sale or purchase of your home.

If you feel you are ready to take that next step, give us a call today at 954-237-0600 or send us an email. We’d love to hear from you!

All of us at the Tello Team are tremendously excited to announce that we have a brand new fan page on Facebook! Our new business page offers so many new options which will make your real estate experiences easier – from searching for a new home to contacting us for information.

From our new page, you will be able to:

• Search the MLS for a new home
• See what the Tello Team has for sale
• Get an idea of what homes are selling for in your area
• Visit our website for information on selling your home
• Contact us for information on all of your real estate needs
• And much more!

We invite you to join us on Facebook, like our new page, and tell us what you think! If we can ever be of assistance to you in the sale or purchase of your home, please send us an email or give us a call at 954-237-0600. We’d love to hear from you!

So many of us are experiencing hardships, and don’t know where to turn for assistance with real estate decisions. Whether we’ve lost a job, are falling behind or can’t make mortgage payments, have medical bills to pay, or simply don’t make enough money to cover all the bills – so many of us are feeling pressure. In many cases, homes are being foreclosed by lenders, when owners cannot make payments. But there are options to avoid a foreclosure, including a short sale.

When a lender accepts an offer to do a short sale on a home, it means that they are willing to accept less than the total amount due on the home’s mortgage. Not all lenders however will accept a short sale on a home, especially if it is more financially sensible to foreclose, but it can be an option in many cases.

If you believe you might be eligible for a short sale with your home, we have some steps you may want to take to find out your eligibility.

1.  Contact a real estate agent who specializes in short sales. A realtor, such as the Tello Team, who has experience with short sales knows all of the steps first hand, and can make the process run very smoothly and efficiently.

2.  Call your lender. Get some names – actual names, not titles. You’ll want a supervisor’s name – or someone who is authorized to make a decision.

1. Write a hardship letter to the lender. Explain your entire situation in full detail. Lenders are people too, and they understand that many people are going through some very rough times. Be honest with them – tell them about your job loss, medical situations, or any other reason that is preventing you from being able to make your payments.

Provide your bank statements and proof of income so that you can back up all of your reasons, as this will help them make their decisions quicker. If everything goes well, your lender will approve your short sale.

The Tello Team has experience with short sales, and are there to answer any questions you may have about the entire process. Contact us today at 954-237-0600 for more information on how we can assist you with all of your real estate needs!

All of us at the Tello Team are so happy to live in the great state of Florida. Our state is a great place to live, work, and raise our families. We have the sunshine (except for when those skies open up), the warmth, and we are one of the friendliest states in the country! How can you not be happy when you live so close to fabulous beaches, water & fun!

Forbes magazine seems to agree in one of their latest articles, where they compared the happiest and unhappiest cities in which to work throughout our country. This is the second year in a row that Miami landed the number one spot as the happiest city to work in, with an index score of 4.3 out of 5.0. Those who work in Miami mentioned that they are more satisfied with the people they work with, as well as their daily tasks. With industries such as tourism, international banking, and international trading, the city has flourished during the last couple of years!

Congratulations Miami, from all of us at the Tello Team! We’re proud and pleased to be part of the greater Miami area!

Don’t forget to “Like” us on Facebook, and bookmark this page so that you can easily check back for updates on events happening throughout our area, as well as information on today’s real estate market!

You’ve looked around on the Tello Team website, and found a great looking home. Then, you found out that it was a short sale. Now you’re wondering if you should look into the home further, and whether it would be a good investment for your family and your future. Before you buy that short sale home, get all the facts you can so that you can make the right decision!

Check the public records. Your Tello Team real estate agent can help you with this task. You’ll want to look up all of the public records on the property, including who is in the title, whether a foreclosure notice has been issued, and how much is owed to the lender(s). This can help you determine how much to offer for the property.

Hire an agent with short sale experience. This is more important than you can imagine. An agent with little or no short sale experience may not know all the important steps involved with a short sale. You want an agent that can walk you through all the steps, and ensure that they are being handled in a timely manner. The Tello Team specializes in short sales, and would love to help you with any of your real estate needs.

Submit documentation and purchase offer to the lender. Ready to make that purchase after speaking to your agent? Your agent can help you get the paperwork all ready to submit to the lender, once the seller has accepted your offer. You don’t have a deal however until the lender accepts. Be patient – lenders can take 2-3 months before they make their decision.

Are you considering purchasing a short sale? Contact the Tello Team today at 954-237-0600 with any questions you may have on buying or selling your home. We would love to help you with all your real estate needs!

The Tello Team is proud to announce that a great annual event is back in Coconut Creek! The Junior Bass Tournament is back, and registration is happening right now!

This is a wonderful event for the young fisherman in your family! All youth from 12 to 17 are invited to register, however they must be accompanied by an adult who is 18 or over.

Tournaments will be held on the following dates and locations:

February 19 – Tradewinds Park in Coconut Creek

April 15 – Quiet Waters Park in Deerfield Beach

March 18 – Tradewinds Park in Coconut Creek

Fishing begins at first light, and will run until 1:00 pm. Trophies and prizes will be awarded at each tournament. The angler compiling the most points in all four tournaments will win Junior Bass Angler of the Year.

Don’t forget to register your fisherman now! Good luck from all of us at the Tello Team!