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Author Archives: pattireid

Home / Archived Article(s) by Author: pattireid

Shocking News About Credit Scores

Jul 13, 2010pattireidEWM News

It has been reported that in the United States there are  42.4 million people (approx. 25%) whose credit scores (FICO) are below 599,  in comparison with the 25.5 million (approx. 15%) whose scores were below 599 before the meltdown.  Add

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A DUMB REASON NOT TO BUY A HOME

Jul 8, 2010pattireidEWM News

Whenever we purchase any big-ticket item we first look at the price.  Unless you are buying all cash, you must take into consideration the expense of financing your purchase.   In real estate the expense of financing is the mortgage interest rate. 

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GREAT BUY IN FOREST RIDGE

Jul 8, 2010pattireidEWM News

3 BEDROOMS/2 BATHS/2 CAR GARAGE   LIST PRICE:  $199,000.  This home is a great buy for an investor or for a end user.  It’s located in the Arborwood section of Forest Ridge in Davie, Florida.  Forest Ridge is a community of

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Long Term Real Estate Investors Are In For A Bonanza

Jul 8, 2010pattireidEWM News

John D. Rockefeller said, “The way to make money is to BUY when blood is in the streets.”   Another noted rich-guy said, Warren Buffet,  believes you should “be fearful when others are greedy and to be greedy only when

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Forest Ridge Sales January – June 2010

Jun 30, 2010pattireidEWM News

There have been 13 home sales in Forest Ridge in the past 6 months.  This represents an 8% turn-over in the community.  The Average list price was $400,943.00 and the average sales price was $373,333.00.  Homes that were on the

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Fireworks for Forest Ridge Residents

Jun 30, 2010pattireid1 CommentIn The News

Another great thing about living in Forest Ridge is the having the Fourth of July fireworks pratically in your own backyard.  The town of Davie annual Independence Day Craft Show and Fireworks Show takes place on Sunday, July 4th from

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Forest Ridge Road Closing

Jun 23, 2010pattireidEWM News

  The Forest Ridge Master Homeowners Association has announced that on or around July 12, 2010, the front entrance to Forest Ridge at Pine Island Road will be closed for entry repairs.  No one will be able to enter the

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Shadow Inventory is a Cause for Concern

Jun 10, 2010pattireidEWM News

  You have probably heard a lot about Shadow Inventory lately; it’s another one of those phrases that makes its way into our language when an unusual situation arises demanding an explanation.  If you live in South Florida you probably

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Welcome Home

May 28, 2010pattireid5 CommentsEWM News

This morning I had the pleasure of reading a blog by real estate guru, Steve Harney. It really touched my heart.  With his permission I would like to share it with you.  It expresses the joy that is felt by

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Top 5 Ways to Use a Tax Refund

May 21, 2010pattireidEWM News

Thousands of Americans are receiving income tax refunds from the U.S. government, with the IRS reporting an average refund of $2,940 this year. In the current economy, consumers can make strategic choices to make sure that refund pays off for

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