Fort Lauderdale Condominiums For Sale!
November 12, 2009
If you are looking to purchase a luxury Fort Lauderdale condominium, now is a great time to do so. I know, that sounds like a sales pitch or something you’d be likely to hear on some national Realtor commercial. (I hate those cheesy commercials) The fact of the matter is this. There are only so many oceanfront complexes in all of South Florida and what we are now seeing is that those who were waiting for the market to stabilize are now seeing unheard of prices for some of the most luxurious condos that you can imagine.
One thing you have to be careful of when buying Fort Lauderdale condos is the financial condition of the HOA. Some complexes have been hit so bad by foreclosures that many HOA’s are on life support or worse. Many complexes are not financeable due to liens and the high level of foreclosures.
I can tell you that if you are looking at one of the oceanfront communities on or adjacent to Fort Lauderdale Beach that you will not have this problem. We’re seeing most of our buyers coming in from out of the area and many are paying cash. The Fort Lauderdale condominium market seems to be somewhat economically resistant. That’s the luxury beach front complexes for the most part.
Sure, there are some complexes experiencing trouble, but I can show you the financially stable ones and guide you through the maze of disclosures that you will need to obtain this information when you are performing your due diligence.
When you’re ready to look at a Fort Lauderdale condominium, give me a call or drop me an email.
Here some other posts you may find interesting...
Fort Lauderdale Real Estate
Fort Lauderdale Homes And Condos For Sale
If you are interested in learning more about buying a home or condo in Fort Lauderdale or anywhere in South Florida; or if you need any information about the Fort Lauderdale real estate market, please feel free to contact me and it would be my pleasure to assist you.You can contact me at the number shown below or please feel free to contact me by the form below and I, or one of my assistants, will be sure to get right back to you within a few hours, if not sooner.
If you are inquiring about a specific property shown on this site, please include the address of the property in the comment section of the contact form below.
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Robin Sing-Cunningham
robins@robinashley.com
Access USA Realty
Local Fort Lauderdale | South Florida : 954-709-7461
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Barry Johnson: bjohnson@robinashley.com