Home Buyers
Information for home buyers including real time listings and search options, how to get a mortgage, how to find a Realtor, down-payment help, homes for sale, etc. in the Greater Ocala, Dunnellon, Citrus Springs and surrounding cities.
Low Downpayment Loans
Are you a lower-income homebuyer who doesn’t have a large down payment saved up? Then these 2 low down payment mortgages may be the right option for you. For many people, the prospect of saving for a downpayment, in addition to meeting the credit requirements to obtain a traditional mortgage is a significant obstacle. But don’t lose hope, these 2 mortgage programs are designed to help low to moderate income borrowers achieve the dream of home ownership. HomeReady and Home Possible loans are low downpayment loans backed by Annie Mae and Freddie Mac. The programs have similarities and difference so it is important to understand how they work. HomeReady Loans:…
Pros & Cons Of Purchasing a Home With a Contingency
Purchasing a new home is a big decision that comes with a lot of considerations. One of them is making the decision to buy your new home with the contingency that you sell your current home. While this can be a viable option for many homebuyers, there are pros and cons to consider before making a final decision. PROS: Reduced financial risk: Buying a new home before selling your current one can be a financial risk, as it requires you to carry two mortgages until your current home is sold. And in many cases, depending on your income your may not be qualified to carry two mortgages. With a contingency,…
Top 5 Reasons to Move to Ocala
From the world-renowned World Equestrian Center to the diverse array of properties and lifestyles, there are many reasons to consider a move to Ocala, Florida. Ocala, Florida, is an ideal place to live, work, and play. Located in the heart of Central Florida, this vibrant city has plenty to offer for people of all ages and interests. Here are the top five reasons to consider move to Ocala, Florida. Number 1: The World Equestrian Center Ocala is home to the World Equestrian Center, which is one of the premier equestrian venues in the world. With over 3,000 acres of land, this state-of-the-art facility hosts some of the most prestigious equestrian events…
Florida Homeowners Get $676M for Covid Relief
Homeowners assistance is available for Florida homeowners who were impacted by Covid 19. The Homeowners assistance Fund (HAF) is part of the American Rescue Plan Act of 2021, which was designed to help homeowners who economically where impacted by Covid-19. Florida received $676,102,379, of which the (DEO) Florida Dept. of Economic Opportunity is to oversee it’s distribution. Homeowners who qualify will receive a mixium of $50,000 per household. But, once the money is gone, your chance for relief will be as well. But, before you to their website to register for your homeowner’s assistance fund, make sure you are eligible. Here are some of the criteria: You must show qualified…
Real Estate Comps vs Market Stats
Whether you are a buyer or a seller, the first questions people ask me as a Realtor is to see the “comps” or CMA. But there is another piece of data that is useful in establishing value and that is knowing the real estate market stats. So, what is the difference, and how do you know when you should look at one vs the other? Comps, or comparables, are real estate market stats that help a buyer and seller. When a buyer finds a property they would like to purchase the comps help them to evaluate the listing price compared to other sales in the community and against the competition…
How To Sell A Manufactured Home
Before you put your manufactured home on the market in Florida, you must understand the unique challenge in marketing and selling this type of home. In the N. Central Florida area where I live, manufactured homes are prevalent. From Ocala to Dunnellon and in between you will find communities dedicated to these homes, or mixed neighborhoods that have site built and manufactured homes. Many cities are changing and will no longer allow manufactured homes in certain areas. So, before you sign a contract on a vacant parcel of land, be sure you check with the city zoning and building department. The number one issue with selling a manufactured homes is…
