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Tips and Homes in The Ocala Real Estate Market
Ocala, Florida is located in North Central Florida about 30 miles south of Gainesville and an hour and a half from Orlando. Known as the “Horse Capital of the World” since 2007, Ocala also as another nickname – “Brick City”, which was due to a fire on Thanksgiving day in 1883 which destroyed the center of town. After rebuilding with brick instead of lumber, the name is still used today and there are numerous local businesses using the moniker in their name. The Ocala real estate market has been on fire since the start of the pandemic. As with most other cities in America, the severe lack of inventory…
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3 Common Mortgage Myths Answered
The process of getting a mortgage can be a complex and confusing one, and all the myths around mortgages certainly don’t make the process any easier. So, the question is, what are some of the most common mortgage myths? A recent article from realtor.com busted some of the most persistent myths around mortgages and the homebuying process, including: The lowest rate is always the best choice. Many buyers think that the mortgage with the lowest rate is automatically the best option. But that’s not always true; for example, if a loan has high origination fees or early payoff penalties, it might not be as solid of an option as a mortgage with a slightly higher…
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5 Things To Do Before Giving Up On Buying A House
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Top 10 Most Expensive Homes In Ocala
This is a current list of the ten most expensive luxury homes for sale in Ocala, Florida. Please bookmark this page as the available real estate listings change from day to day. If you are thinking about buying or selling a luxury estate in Marion county, call me today to guide you through your real estate experience. 352-602-3713. Ocala is a growing community with old school charm and where everyone knows your name! There are several upper-tier subdivisions, including horse farms and gated community where you will find luxury homes. This is just an example of some of the homes available. Keep in mind that most luxury subdivisions will have…
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Should You Buy A Foreclosed Home From a Bank?
Buying a foreclosed home from a bank have its positives and its downfalls. Even though foreclosed homes are not as prevalent as they were following the real estate market crash of 2008, there are still deals out there. When a foreclosed home is sold by the bank or lender, it is called an “REO” or real estate owned property and typically is offered at a favorable price. But is buying a foreclosed home from a bank a bad idea? For sure, there are issues that you will have to take into account or you could end up paying much more in repairs after the purchase. A sellers disclosure is typically…
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Negotiating Repairs on AS-IS Contract
You found your perfect home, you performed inspections and now you want the seller to make some repairs even though you are under an As-Is contract. The key thing to remember is that the seller is not obligated to do any repairs or even respond to your request for repairs. In Florida, the As-Is contract is one of the most popular real estate contracts, however, its important that a buyers agent fully understand how to work with this type of contract to facilitate a smooth transaction. As the buyer, you have the right to cancel the contract before the end of the inspection period or request repairs of the seller.…
