13591 SE 127 PL – $250,000

Beautiful rolling 10 fenced acres in fast growing area. Only 18 minutes to downtown Dunnellon with great restaurants, shopping and more. 1984 Manufactured home includes 3 bedrooms, 2 bathrooms and 1196 living square feet. Value is in the land and improvements, home needs lots of work and possible replaced depending on new owner. Great location only 25 minutes from great fishing at Yankeetown or Waccasassa River which leads to Gulf of Mexico. Minutes to the Tidewater Trailhead and Goethe State Forest State with trails for hiking, biking & horseback riding, plus areas for fishing & picnicking.

Asking Price – $250,000

  • 11 Acres
  • 3 Bedrooms
  • 2 Bathrooms
  • 1196 Sq Ft

18649 NE 238TH TERRACE, FORT MCCOY – $455,000

Beautiful country home on Lake Delancy canal front with .68 acres. Main property includes 150′ of canal frontage with 3 bedrooms, 2 bathrooms home lot with 1558 living square feet and 32’x20′ detached garage including full bathroom and bedroom. Additional lot(.28 acres) across the street includes 100′ of canal frontage and additional 20’x26′ garage with water and electric. Yes, the lots go from canal to canal and lots of storage for all you toys and/or finish converting garage to additional living quarters. Upon arriving you will see a full length front porch with rocking chairs under ceiling fans to enjoy the sunsets. Entering the home you see wood floors, walls, vaulted tongue and groove ceilings, open floor plan and stacked stone wood fireplace. Kitchen has beautiful wood cabinets, tile counter tops, all stainless steel appliances and walk in pantry/laundry room. Just off kitchen is dining area and stairs leading to the loft with double beds and closet. Main bedroom is spacious in size includes walk in closet. Main bathroom includes tiled shower counter tops, double sinks and walk in shower. Guest bedrooms are nice sized with large closets. Guest bathroom has tiled shower, floors and granite top vanity. Dining area leads to the outside paradise including screened room, covered deck and cooking area overlooking dock at canal side and walk way. There is a covered boat house with boat lift and bulkhead the length of the property. Home has 50 year shingles. You can ride hundreds of miles of OHV trails from this property into the Ocala National Forest. Lake Delancy is approximately 830 acres located near Salt Springs. Only a small fraction of the lake’s shoreline is private with residences, as the majority of shoreline is part of the Ocala National Forest. Great fishing year round. Close to miles and miles of OHV, horseback and hiking trails. Located 10 minutes from downtown Fort McCoy with a grocery store, doctor’s office, pharmacy, hardware, gas station, pizza, and more. Short drive to Silver Springs which includes Walmart, Lowes, Bealls, Outback and many more of your favorite shopping spots and restaurants. Ocala is only another 10 minutes from Silver Springs with vibrant night life and lots of entertainment options and restaurants. Gainesville(Home of Florida Gators) is only 50 minutes to downtown. If you’re a fisherman, or hunter or simply love hiking, canoeing or kayaking you are in luck! Minutes to Ocklawaha River, Ocala National Forest, and many natural springs(Salt Springs, Silver Glen Springs, Juniper Springs), horseback and walking trails, and off-road vehicle trails await your explorations. One-of-a-kind property and location! Ready for new owners!

Asking Price – $455,000

  • 3 Bedrooms
  • 2 Bathrooms
  • .68 Acres
  • 150′ of Canal Frontage
  • 32×20′ Detached Garage

– Additional Lot Across Street Included with:

  • 100′ Canal Frontage
  • 20’x26′ Garage  

How Coronavirus Has Impacted Home Buying

Impacts of Coronavirus

The COVID-19 pandemic has impacted everyone in many different ways. From having to quarantine, working from home, schooling from home, workouts from home, it’s easy to say that people are spending more time in their homes. This has led many people to wanting a home with more space or designated areas for certain activities. We have gathered some statistics on this topic.

Changes in Planning to Buy a Home

Three-quarters of homebuyers who plan to buy a home within the next 12 months say the coronavirus pandemic has impacted their home buying plans: 25% said it caused them to move or speed up their timeline, 20% said it caused them to delay moving plans and 17% are now looking for a less expensive home. Specifically:

  • 16% said the pandemic has caused them to want to move
  • 15% said it caused them to move sooner than originally planned
  • 6% chose both options

Home Preference Changes

  • 21% want a designated area to work from home
  • 21% want more outdoor space
  • 10% of respondents now want a bigger home
  • 7% want a designated space for children to learn from home

Why Changed Plans?

  • Of people planning to move, 55% said low mortgage rates are a factor in their changed plans
  • 52% said spending more time at home is a factor
  • 40% said working from home contributed to their desire to move

If the Coronavirus pandemic has caused your family to be spending more time at home and you’re now thinking about looking for a home with more space, Rountree Realty is always here to answer any questions you may have and help achieve your real estate goals during these crazy times.

***List Your Home TODAY***

 

Good Afternoon Everyone, 

I hope everyone is having a great week! Today’s topic of discussion – SELLING Your Home NOW! 

Why do you think right now is a good time to sell your home? Maybe you’ve heard the real estate market is doing well? Or maybe you’ve had a friend or family member sell their home and have positive equity? Both of those are good reasons to sell, but here are 5 top reasons to SELL your home TODAY! 

1.) Low Mortgage Interest Rates! – Right now you can borrow money to purchase a home with record low interest rates! You may think well isn’t this a reason for a buyer to purchase a home? You’re correct, but this is a HUGE benefit for sellers. Right now Realtors like myself have buyers just waiting for homes to hit the market. Inventory is extremely low and the real estate market needs your home to be listed for sale TODAY! 

2.) Home Prices are on the Rise! – Home prices are continuing to rise throughout the United States. In 2017 we finished out the year with a 5.5% year to year increase with home values on the rise! 

3.) Millennials! – Millennials are ready to purchase a home! With an economy on the rise, millennials are in the position to purchase one of the best investments! They’re graduating college, starting careers and getting married! Perfect time in their life to invest in a home. 

4.) Money in Savings! – Not all, but some people are finally able to have money in savings!. They have made it through the hard times and feel stable with their finances. That being said, a lot of people are starting to look into purchasing a home. 

5.) Low Inventory- I discussed a little bit of this topic with # 1 and Low Interest Rates. Inventory is EXTREMELY low. I have a portfolio of buyers who are just waiting for the average family home to hit the market! They’re preapproved and ready to go! All we need is a home like yours to be listed for sale! 

If you have any questions about listing your home or purchasing a home, I would be more than happy to sit down with you and discuss your real estate needs. As always I’m here to help every step of the way! 

Duke Rountree – Info@HomesForSaleOcalaMarion.com – (352) 572-1739

***Tax Season***

Good Afternoon All, 

I hope everyone is having a great week! We’re right around the corner from tax season. For most people this is a very dreaded time of the year. So much information and knowledge goes into taxes and for some people it can be a little overwhelming. 

Have you given any consideration as to what you’re going to do with your tax return? Maybe you could use your tax return to purchase a home or use it to improve your current home! Today, we’re going talk about Tax Deductions for homeowners and some benefits you may not know of. 

What are some homeowner tax deductions? 

There are several different tax related expenses and deductions for homeowners. Home Office Expenses, Energy Efficient Appliances and Windows, etc.

What are some tax deductions when purchasing a home?  

When you’re purchasing a home there are many different expenses that you can claim as a deduction. For an example, mortgage interest, mortgage points, real estate taxes, moving expenses, etc. 

What are some home owner related expenses that CANNOT be claimed as a deduction? 

Unfortunately here is a list of expenses that cannot be claimed as a tax deduction. Mortgage insurance, homeowners insurance including flood or fire), direct principal payments, remodeling, etc. 

As always I encourage you to consult with a local tax expert or accountant for all tax related questions. I hope everyone has a great rest of your day and weekend! 

-Duke 

 “This blog post is only for general information and Rountree Realty advises readers to contact their local tax expert for all tax questions and filing purposes.”

List Your Home TODAY!

Good Afternoon All, 

Have you given any consideration to listing your home for sale? Maybe you’ve heard the myth that listing your home in the Spring is the best time of year. I’m here to tell you that may not be the case! Right now we have a lot of snow birds in the area looking to purchase winter homes. Also with interest rates being extremely low, we have a busy real estate market in general for all stages of life. From first time home buyers to couples retiring and downsizing, there is a buyer right now for your home. 

In today’s real estate market inventory is EXTREMELY low. Myself, as well as several other Realtors, have portfolios of buyers just waiting for homes to hit the market! I would love to have the opportunity to sit down with you and provide a free comparative market analysis. We can also go over my marketing plan to get your home SOLD for top dollar and in a time frame that works best for you. Please give me a call today! I look forward to hearing from you.  

Duke Rountree 

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

 

NAR: Home Sales Going Up for 2015

What does this mean?

Well Lawrence Yun, NAR’s Chief Economist predicts an approximate 7% rise in existing home sales for 2015. The key will be a strengthening economy and job growth. Yun sees more first-time buyers entering the market as well in 2015 with expected new mortgage products, low down payments and PMI(private Mortgage Insurance.) He warns if interest rise this year it could add hurdles to buyers and sellers. Many sellers have locked in such low interest rates over the past few years they may be very reluctant to commit to a much higher future rate. Yun’s preliminary analysis of sale in 2014 appeared to by around 4.94 million, which is about 3% below 2013. However the median existing sales price increased 5.6% from 2013 to 2014.

Watch this video for more information on the economy and housing market:

Source: National Association of REALTORS® ; http://realtormag.realtor.org/daily-news/2015/01/08/nar-home-sales-only-going-up-from-here?om_rid=AAEWoH&om_mid=_BUrvNWB8$sIYZV&om_ntype=RMODaily

Boost Credit Scores with Rental Payment History

Did you know? Experian became the first credit reporting agency to add on-time rental payments to its database. Rental payment data being added to credit files can potentially help renters become homeowners and we can only hope the other credit agencies will follow suit. For many Americans establishing credit can be difficult because many credit card companies and retail stores are not approving credit applications as easily as in past years. Potential buyers are now going to see they will have a credit score and hopefully help them achieve a lower risk category too, Experian says. “Consumer financing rapidly changed during the economic upheaval, and regulatory changes forced lenders to tighten the standards for the underwriting process,” says Genevieve Juillard, president of Experian Consumer Information Services. “This excluded many Americans from the opportunity to attain credit due to a limited or no credit history. Residents who pay their rent on time month after month should be rewarded and not overlooked simply because they rent instead of own the place they call home.”

Experian recently conducted an analysis to determine how the new rental information has aided consumers’ credit files. The study shows that the addition of rental history on a subprime mortgage moved the participant up at least one higher(or less risk) by the addition of the newly added field. What does this mean for potential buyer? It means more affordable credit and additional credit opportunities.

To read more about the lead being taken by Experian click here>>>>>>Experian-rentbureau-credit-for-rent-analysis

 

“Real difficulties can be overcome; it is only the imaginary ones that are unconquerable.”

– Theodore Newton Vail U.S. telephone industrialist

Source: http://realtormag.realtor.org/daily-news/2014/08/08/study-rental-payment-history-can-help-boosts-credit-scores?om_rid=AAEWoH&om_mid=_BT5TNOB87s9Kmy&om_ntype=RMODaily