4 Bedroom Home – $103,900

 

New Listing Alert!!! 

Welcome home to this 4 bedroom home in private country setting, but yet close to shopping, restaurants and entertainment! This HUGE manufactured home is ready for a new owner! Walk in and enjoy your large living room with fireplace overlooking your eat in kitchen. Split floorplan with master suite on one side and 3 bedrooms and bathroom on the opposite side. Down the hallway is a built in office/desk area. Master suite has large closets, garden tub and double vanity. Outside you will feel the peace of quiet of the country setting, but yet being just minutes to town. 

  • Vinyl Flooring Throughout 
  • Built In Desk/Office Area in the Hallway
  • Split Floorplan (3 beds on one side and master bed on the other) 
  • Master Bathroom with Garden Tub, Walk In Shower & Double Vanities
  • Cathedral Ceilings 
  • Fireplace 
  • 1.03 Acres 
  • ONLY ASKING $103,900


For more information or to schedule a private showing please email me at Info@HomesForSaleOcalaMarion or Call/Text (352) 572-1739

Coming Soon! – 4 Bedroom Manufactured Home in Anthony!

 

Good Day All, 

I’m sure everyone is glad that it’s Friday! Over the weekend make sure you check out my new listing that will be hitting the market soon! Extremely nice and updated, 4 bedroom manufactured home on over 1 acre for sale in Anthony! Offered at only $103,900

  • Vinyl Flooring Throughout 
  • Built In Desk/Office Area in the Hallway
  • Split Floorplan (3 beds on one side and master bed on the other) 
  • Master Bathroom with Garden Tub, Walk In Shower & Double Vanities
  • Cathedral Ceilings 
  • Fireplace 
  • 1.03 Acres 
  • ONLY ASKING $103,900

 

For more information or to schedule a private showing please email me at Info@HomesForSaleOcalaMarion or Call/Text (352) 572-1739

Veterans Day Events-20% Off Services!

Good Day All, 

I hope everyone is having a great day! Check out these fun family events to honor and celebrate our Veterans this weekend! 

http://fun4ocalakids.com/Whats-Happening/Veterans-Day-Events/

There are a lot of activities here in Marion County and surrounding areas to have fun with the family!

Oh and don’t forget that Rountree Realty gives back 20% of earned commission to our Veterans! Contact me today for more info. (352) 572-1739 or info@homesforsaleocalamarion.com. 

-Duke

COSTS vs VALUE 2015 Report – Exterior Improvements Best Return on Investment

When you begin to consider remodeling or home improvements, homeowners should consider the return on investment(ROI) or recouping of their costs. Many updates are preformed simply because the homeowner desires that upgraded kitchen or bathroom. It is important to remember that many, if not most, updates are not great ROI, because they are more for personal reasons rather than a cost vs. value.

“It can be a daunting task to even decide on what home improvement projects to undertake, let alone to physically tackle and complete them,” says National Association of Realtors (NAR) President Chris Polychron. “Realtors know what buyers are looking for during their search, and curb appeal is and always will be important. That explains why Realtors once again rated exterior projects as some of the most attractive and valuable for homeowners.”

Seeing these reports now for many years in a row I have noticed one update that always stands above the rest in terms of cost vs value; the steel entry door. According to Realtors, a new steel entry door returns about 101.8% of its costs upon resale compared to 96.6% last year. For my sellers and marketing the property to future home buyers we always start at the curb first and front entry way next. These areas are two of the most important areas to focus. Why, because first impressions do matter and the entrance to every home being marketed for sale should be warm and inviting. If you cannot afford to replace the front door, then we suggest a good painting and replacing all door hardware for that fresh and clean look.

The good news is the steel entry door is consistently the least expensive project in the report.

Rounding out the top 10 projects in terms of cost recouped:

  • Manufactured stone veneer (92.2 percent)
  • Garage door replacement – midrange project (88.5 percent)
  • Siding replacement with fiber cement (84.3 percent)
  • Garage door replacement – upscale project (82.5 percent)
  • Vinyl siding replacement (80.7 percent)
  • Wood deck addition (80.5 percent)
  • Minor kitchen remodel (79.3 percent)
  • Wood window replacement (78.8 percent)
  • Foam-backed vinyl siding replacement (77.6 percent)

© 2015 Florida Realtors® http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=2&id=317926

 

What Are Benefits of Working with REALTOR® & Rountree Realty

What Are Benefits of Working with REALTOR®rlogo

 

Experience: The typical REALTOR® has 11 years of experience 80% of REALTORS®  have over 6 years. With an average of 8 transaction sides closed per year, the knowledge your REALTOR®  possesses is invaluable in the success of residential and commercial advertising, appraising, renting, leasing, buying, selling, auctions or exchanges.

Education: Real Estate Associates must complete 63 initial hours of education before licensure and an additional 45 hours before 2 year anniversary. Brokers must have 2 years experience in real estate field and complete 72 hours of coursework to obtain Broker license with an additional 60 hours to completed within 2 years. Also, 30% of REALTORS have a Bachelors or some college experience.

Local Expert: A Realtor that specializes in a local market will know things that are not appearing on the listing information online; they’ll know more about the neighborhood. Letting a Realtor take what is a very emotional decision and apply objective criteria is one of the largest benefits.And when it’s time to write an offer, they’ll know what other properties have sold for and the intricacies of those properties, the differentiating features, so then you can get the best deal for your money.

So I would say it’s ok to shop on your own, but absolutely retain a trained professional REALTOR® for one of the most important purchases that you’ll make in your entire lifetime.Only real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® (NAR) can call themselves REALTORS®. All REALTORS® adhere to NAR’s strict Code of Ethics, which is based on professionalism and protection of the public. That’s why all real estate licensees are NOT the same. “Dedicated to serving America’s property owners at local, state, and national levels, the NATIONAL ASSOCIATION OF REALTORS®, The Voice for Real Estate®, is the largest professional association at 1 million members strong. So, whether you’re buying or selling a home – it pays to work with a REALTOR®. Look for the REALTOR® logo when choosing your real estate agent. -Courtesy of NATIONAL ASSOCIATION OF REALTORS®”

“Perform at your best when you best is required. Your best is required each day.” John Wooden

To buy, or not to buy pre-1990 home

Did you know that more than 70% of the U.S. single-family homes were built before 1990 – but only 60 percent of the 2013 sales year-to-date were for homes built before 1990. Of course all things are “local” when talking real estate and the likelihood  of purchasing an older home varies by state with 14 states having sales up 80% year-to-date 2013 for pre-1990 homes. According to RealtyTrac homes built in 1990 or later sold at an average price of $256,292 year-to-date in 2013 while homes built before 19190 sold at an average price of $233,221.

“The high percentage of homes that are at least 20 years old and likely in need of some major repairs is eye-opening,” says Jake Adger, chief economist at RealtyTrac. “However, given the low inventory of homes available for sale in today’s market, this challenge of aging U.S. housing supply can also be an opportunity for buyers looking for a bargain and homeowners looking to update their living space and improve the value of their homes.”The lower price point on older homes is not surprising given many are in need of some rehab and are more likely to have maintenance issues,” Adger says. “But this also presents an opportunity for buyers willing to take on that older inventory. Those buyers can purchase at lower price points and face less competition from institutional investors.”

SO what is the solution? Maybe it’s the government-backed rehab financing loan known as the FHA203(k) program. These loans allows owner-occupant buyers to finance the purchase, rehab, and upgrade of an older home, while allowing for all of the rehab cost to be rolled into the loan. This program is underused in my opinion because there is a lack of experienced lenders with experience in 203k program, the difficulty of meeting all of the requirements, and the additional upfront and closing cost involved in completing the purchase.

The perception that a new homes have less issues compared to pre-1990 homes is not always true either. Of course every home is built with codes and permits in place to ensure minimum or basic standards that every  home is safe, sound and secure. The reality is many of the older homes can be a great value and remodeled to meet current customers wants and needs.

SEARCH FOR A NEW HOME or JUST BE A NOSY NEIGHBOR AND CHECK OUT THE HOUSES AROUND YOU! [wnt_search title=”QuickSearch” /]

CLICK HERE >>>  http://search.ocalarealtyonline.com/

Source: http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=3&id=298796

3 Tips For Landing a Mortgage

What is happening with todays current mortgages and how did we get there?

I can tell you one of my most challenging obstacles is financing. The banks/ lenders went from the “fog the mirror” loans to overly strict lending requirements. What is a “fog the mirror loan? Back in the good old days if you could breath and fog a mirror the bank would just ask how much you earned(which you did not have to verify, by the way) and the lender would qualify the loan based on no income verification or documentation. Simply qualify for the 0% first year months payments and it was yours. Now we have good people, with good jobs, money saved and finding it difficult to get a mortgage. I have even had buyers with enough cash to pay for a property outright to be told by the bank they could make the loan. If you are an entreprenur or private business owner good luck getting a decent mortgage.

What can you do to get a mortgage today?

Hope, Pray, Beg….. No not really but be prepared and shop around.

1.) High Credit Scores Count- surprise the lowest interest rates go to the ones with the highest credit scores of 760 or higher. Make sure you don’t open lines of credit or loans for at least 3 months prior to shopping for a loan. Also, try to pay off loan balances — “One large balance — even if it’s paid off at the end of the month — can ding your score by 20 points or more,” according to the article at Money Magazine.

2.) Gather plenty of quotes. Shop around, it can pay off big! Gather at least 6 quotes from lenders on rates because they can vary between lenders. Request quotes from local, regional and even online vendors like www.quikenloans.com or www.rpfunding.com. MOST IMPORTANTLY! Ask about the closing cost, they can vary from 2-3% of the loan amount.

3.) Lock in the Rate. When you chose the lender make sure to lock in the rate. During this period the lender agrees to not raise the rate within a certain time period. Make sure you check with your REALTOR and lender to verify how long the loan will take to close so you know how long to set the lock in rate for.

Lastly, ask for referrals to local professionals that can help. Ask ME! I have several preferred mortgage folks with different banks to serve your needs.

“Until Next Time”

Source: “For Your Customers:…” REALTOR Mag May 2, 2012 http://realtormag.realtor.org/daily-news/2012/04/30/for-your-customers-3-tips-for-landing-mortgage

Buy a Home, Get A Date! Or maybe even more….

Did you ever think your home could be an aphrodisiac?

This is a funny story reported by CNNMoney was conducted with 1,000 single people with more than a third of women and 18% of men saying they would much rather date a homeowner rather than a renter. Only 2% of women and 3% of men preferred to date someone who rents compared to owners of their home.

62% Prefer to Date Singles Who Live Alone w/ No Roomate

What about boomerang kids(these are your adults who went off to college, graduated and then would up back in their old bedrooms.) It’s going to hard to find love, well maybe not from your parents, but less than 5% of all singles surveyed said they would date someone  living with their parents. “Thats a real deal breaker,” said Michael Corbett, of Trulia, “if your still living with your folks, your’re dead-on-arrival for dating.”

What does this ALL mean for you?

First, If you are single, Call, Text, Email or visit the www.OcalaRealtyOnline.com  to search for your next home. In today’s market, many times, it less expensive to own a home than to rent.

Second, a few benefits of homeownership; same monthly payment for life of loan(no more increased rent/lease), IRS mortgage interest deductions on your taxes, customize the home to your likings, not your landlords, and more likely to land a second date or possibly even more.

Third, call, text, or email me to find out about USDA(0% Down), FHA (3.5% Down), or if your a veteran apply for your VA(0% Down) benefits. We can help find you a loan to fit your needs and many times for less than first, last, and security. Don’t Wait the market is gaining steam and there are many choices between $50-$100k.

“Until Next Time”

 

By Les Christie @CNNMoney February 14, 2012: 5:30 AM ET

Ocala, Florida Area Local Market Report 2011 – 3rd Quarter

TODAYS MARKET…. Median Price and Existing home Sales

All real estate is local and every market is unique. Remember that when you hear reports from the major new networks. We are seeing some positive signs in the Ocala / Marion County Market with the Median Home Price now at $80,900 with 1-year Appreciation at -1.6% and a 3 year Appreciation of a whooping -40.1%. This relatively recent correction in local home prices wiped out most of the equity gained over the last 7 years. State Existing Home Sales(2011 Q3 vs 2010 Q3) is at +10.6% for Florida and Nationally 17%.

FORECLOSURE info by type…

The market share of Foreclosures by type is 88.3% are Prime Loans, 5.1% are Sub-Prime Loans and 6.6% are Alt-A Loans. There has been a decline of both 60 and 90 day delinquency rates over the most recent 6-month period suggests a decline in local foreclosure rates in the near future.

AFFORDABILITY….

Based on Ratio of Local Mortgage Servicing Cost to Income, Ocala has typically been more affordable than most markets. For example the Monthly Mortgage Payment to Income for Ocala is 6.6% compared to 15.5% in the United States for 2010 and 5.7% locally for 2011 and 13.9% nationally with the historical average at 11.3% locally and 22% nationally. The price to income ratio has fallen as well and is below the historical average.

So what does this all mean?

Well it could mean we are close to reaching the bottom of the housing value slide. But it will take a strong economy and more local jobs for the housing market to continue gaining traction. There is less inventory on the market with an increase in buyer activity, compared to the same time last year. We are a long way from seeing appreciation in our homes but hopefully close to reaching the bottom and no more depreciation of value.

“Until Next Time”