Archive for the ‘country club community’ Category

Palm Beach County FHA Approved Single-Family Homes, Townhomes, Condos

September 26th, 2015

Q: Often, we get asked, “How do I know if a property is approved for FHA loans? According to a mortgage lender I use…”

A: The FHA approval list is specifically for condos. Here’s the link to the search. I just put in state and county and search for “approved” projects. There’s not a lot, 40ish I think in all of Palm Beach County.

https://entp.hud.gov/idapp/html/condlook.cfm

If the property is a single family or townhome, it will be eligible for FHA, the only exception being for properties in need of major repair. The FHA program has stricter requirements on the condition of the property than a conventional loan.

It’s up to the listing agent to check the FHA financing box when putting a property on the MLS; sometimes they know about repairs that would come up with the FHA loan.

More commonly, they just don’t check the box or they don’t know enough about the FHA program and think it’ll be tough to close. I’ve run into some people that think FHA appraisers are tougher on value than conventional, but comps are comps; if the property is in good shape, it won’t matter if the buyer uses conventional or FHA financing. Unfortunately for single family or townhomes, you’ll have to call the listing agent to feel them out as to why they haven’t listed FHA as acceptable financing.

Q: Another question that gets asked is if country club and gated communities are eligible for FHA Approved Loan?

A: Yup, potentially any single family or townhome is FHA eligible; however the max FHA loan amount in Palm Beach County is $345,000. And we can’t finance any equity memberships, etc., it has to be verified cash from the buyer.

JEFF LICHTENSTEIN
jeff@jeffrealty.com
561-346-8383

JEFF AND CARY LICHTENSTEIN
We make your home our business

ILLUSTRATED PROPERTIES
7100 Fairway Drive, Suite 44
Palm Beach Gardens, FL 33418
Fax 561.277.2500

JEFFREALTY.COM

CLIENT REVIEWS AND COMMENTS

facebook linkedin

You can read my full Bio here.

12870 Briarlake Drive #206 | Eastpointe

July 4th, 2011

12870 Briarlake Drive #206 in Eastpointe is a sensational renovated condo with beautiful golf & lake views. The great room floorplan brings in lots of light for an open & spacious feel. A remodeled kitchen has granite counters and top-of-the-line cabinetry. Separate pantry, long granite desk, and open pass-thru to enjoy the views make this the perfect kitchen. The master is spacious with Pergo wood floors, remodeled bath, and California closet. The separate guest suite will keep company coming. Relax under the covered and screened patio and take in the views. Enjoy maintenance free living with low costs and incredible amenities in manned gated Eastpointe. Extra storage, ample parking and community pool are all included.

12870 Briarlake Drive #206 | Eastpointe

6565 Eastpointe Pines Street | Eastpointe Pines Country Club

June 4th, 2011

6565 Eastpointe Pines Street is a light & bright custom home on over half an acre with spectacular golf views. Soaring, custom, wood-paneled cathedral ceilings, hardwood floors, and lots of sliders tp let the light flood in. Expansive open plan living area with formal dining room and expanded Florida room take advantage of the magnificent views and make this spacious home perfect for entertaining. The kitchen is open & bright with a cook island and a Jenn-Air grill with a convenient breakfast area with French doors leading to secluded open patio. An oversized master with walk-in closets and large guest suite. A screened patio, private cozy den – lots of room to relax. This home has tons of storage, an alarm system, and a 2½-car garage.

9 Marlwood Lane | Marlwood Estates at PGA National

May 31st, 2011

Gorgeous lake & golf views from stunning top-to-bottom remodeled CBS home at 9 Marlwood Lane in Marlwood Estates at PGA National. A dramatic foyer greets you through the leaded glass doors. Beautifully lined cathedral ceilings with crown. An open plan with centerpiece family room & wet bar surrounded by porcelain glass inlays. The gourmet kitchen has top-of-the-line stainless appliances, wine cooler, enormous granite counters. The game room has wood floors & dining room with plantation shutters. The master is oversized, huge California walk-in, marble bath, Jacuzzi & bidet. The den has terrific built-ins. 2 guest suites with private baths. The loggia is screened with pavers & waterfall pool. Onyx powder room, giant laundry room, extra garage space, newer appliances, roof, water filtration, and hurricane protection.

9 Marlwood Estates - Front Entrance

194 Elena Court | Jupiter Country Club

May 31st, 2011

Water, water, water…location, location, location. Rarely does a piece of property get straight A’s for both. Located at the end of a cul-de-sac, all the rear exterior views are of two outstanding lakes to the south, the best possible exposure. Sun over the pool and light fill the house all day. To the west is Jupiter Reserve, an area dedicated forever by the State of Florida to nature, preserving Florida’s natural habitat and home to native species of sand based plants and pine trees.

As you approach the very end of Elena Court in Jupiter Country Club, 194 is tucked away for ultimate privacy. There are two driveways, including a circular one for spill-over party or workmen. Entering the double front doors, you hearken back to Palm Beach in the roaring 20s. In most minds, Palm Beach’s architecture is inextricably connected to Addison Mizner, who began designing there around the end of the First World War. By mixing sources from Moorish Spain, Renaissance Italy, and 18th Century France, he created a style that was all his own.

For this house, both the architect and clients looked not so much to Mizner’s exuberant houses as to the more restrained work of Maurice Fatio, the Swiss-born American architect who designed numerous local houses in the 1920s and 1930s for such clients as Harold S. Vanderbilt and Joseph E. Widener.

The owners wanted it to be elegant but not opulent, with rooms that have both warmth and grand proportions. As is typical of Palm Beach houses, there are cast stone columns, balustrades & urns. They wanted to make sure they respected both authenticity and good design. In the beginning they instructed Toll Bros to expand the master bedroom by two feet, creating an extra-generously sized room.

The entry foyer offers stunning views of the two-story living room with its expansive, curved bay window that looks out onto the lakes of Elena Court. The living area floors throughout are all Saturnia stone, with a custom-designed wet bar and double coffered ceiling. The dining room is likewise two stories and complements the Mizner architecture. The owners outfitted the entire house with expensive, custom plantation shutters.

The well-appointed gourmet kitchen boasts a center island, a built-in pantry cabinet, and a raised snack bar that overlooks a stunning circular breakfast area and a spacious family room with direct access to the covered lanai and cabana bath.

The expansive master bedroom suite has its own private wing and features numerous amenities, including double door entry, two large walk-in closets that will challenge the woman of the house to fill, an exercise room, His & Hers master baths with separate shower, and a Roman tub.

On the 2nd floor, a Fatio bridge connects the two wings, overlooks the living room and entry, and has spectacular views of the two lakes. In the west wing is a second master bedroom, private balcony, with the most beautiful views of all the acreage, preserve, lakes and golf course. There are two other bedrooms on this floor, each with its own bathroom, as well an open loft.

Other highlights of this home are its 1st floor guest suite, full bath, a private study, powder room, separate laundry facility, and a 3-car plus golf cart courtyard garage.

194 Elena Court - Rear aerial view