Danelia Martinez Realtor

01/28/2023

05/21/2022

Just listed for $389,000. 434 Barnett Street West Palm beach FL 33405. You have found your hidden gem in West Palm Beach. Centrally located, minutes away from Rosemary Square and Lake Ave. This home offers new accordion shutters, new roof, new a/c, remodeled floors and NO HOA. Make your appointment today to see this great 3/2 home! Cel 561-539-7390

**KW Reserve Palm Beach

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05/21/2022

https://www.youtube.com/watch?v=aqtBonzpWk8

Just Listed for $389,000! You have found your hidden gem in West Palm Beach. Centrally located, minutes away from Rosemary Square and Lake Ave. This home offers new accordion shutters, new roof, new a/c, remodeled floors and NO HOA. Make your appointment today! 561-539-7390

**KW Reserve Palm Beach

05/16/2022

3 🛏 2 🛀
📍 434 Barnett St, West Palm Beach, FL, 33405

My latest listing on
https://rma.reviews/2bKKD0pWL13N

03/31/2022

My latest review in Lake Worth
https://rma.reviews/EVP2TanjJH5a

09/05/2021

Going out and about with my hubby . Had some BBQ . So so yummy! You have to try it! It’s a mix of tropical flavors and southern smoke house cooking. So, pretty much Florida in a nutshell LOL. Happy Sunday everyone!
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09/01/2021

Why does an appraisal gap happen?

Basically, with the heightened buyer demand, purchasers are often willing to pay over asking to secure the home of their dreams. If you’ve ever toured a house you’ve fallen in love with, you understand. Once you start to picture yourself and your furniture in the rooms, you want to do everything you can to land the property, including putting in a high offer to try to beat out other would-be buyers.

When the appraiser comes in, they look at things a bit more objectively. Their job is to assess the inherent value of the home, so they’re going to study the facts. In simple terms, while homebuyers may be willing to pay more, appraisers are there to assess the market value of the home. Their goal is to make sure the lender isn’t loaning more money than the home is worth. It’s objective, rather than emotional.

What does this mean for you?

Ultimately, knowledge is power. The best thing you can do is understand appraisal gaps may impact your transaction if you’re buying or selling. If you do encounter an appraisal below your contract price, know that in today’s sellers’ market, the most common approach is for the seller to ask the buyer to make up the difference in price. Buyers, be prepared to bring extra money to the table if you really want the home.

Above all else, lean on your real estate agent. Whether you’re a buyer or seller, your trusted advisor is your ally if you come up against an appraisal gap. We’ll help you understand your options and handle any additional negotiations that need to happen. DM me so you have an ally to help you navigate an appraisal gap to get the best possible outcome.

08/30/2021

Since home prices are rising, it’s true that homes are less affordable than they have been since the housing crash fifteen years ago. Headlines making these claims aren’t incorrect; they just don’t tell the whole story. To paint the full picture, you have to look at how today stacks up with historical data. A closer analysis of affordability going further back in time reveals that homes today are more affordable than any time from 1975 to 2005.

Despite that, the chatter about affordability is pushing some buyers to the sidelines. They don’t feel comfortable knowing someone else got a better deal a year ago. However, Are Homes Really Less Affordable if We Consider Equity?

In a recent post, Odeta Kushi, Deputy Chief Economist at First American, offers a different take on the financial components of housing affordability. Kushi proposes we should at least consider the impact equity build-up has on the affordability equation, stating, “For those trying to buy a home, rapid house price appreciation can be intimidating and makes the purchase more expensive. However, once the home is purchased, appreciation helps build equity in the home, and becomes a benefit rather than a cost. When accounting for the appreciation benefit in our rent versus own analysis, it was cheaper to own in every one of the top 50 markets.”

If you’re on the fence about whether to buy or rent right now, DM me so we can determine if the equity increase in our local market should impact your decision.

08/27/2021

If you’re ready to start a home project but don’t know where to start consider which project will pay off in the long run. Swipe to learn which projects have better financial returns. Which project would you take on?
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