Be Careful About Forbearance On Your Mortgage

Rountree Realty Blog – Forbearance

During this pandemic, many people are stressed about finances and trying to find any way possible to make ends meet. Some homeowners are applying for mortgage forbearance through their banks while finding their way through this difficult time. The problem is, there is a lot of confusion and scrambling going on between banks or credit unions. Some people are saying lump-sum repayment is the only option, while others are saying that there will be a repayment plan that would run concurrently with your normal payments, or the possibility of a loan modification that would track the missed payments onto the end of your mortgage. This has created a communication lapse. If you apply for a forbearance, you need to know the terms. Every institution may be different, so make sure you fully understand what you are getting yourself into. Be careful and advocate for yourself. Check out this full article that Florida Realtors posted. As always call me if I can help in anyway! 

https://www.floridarealtors.org/news-media/news-articles/2020/05/loan-forbearance-advice-assume-nothing-check-everything

 

17076 NE 141st Court

17076 NE 141 Street Fort McCoy, FL 32134

More trees than neighbors! This property is located on 3.22 +/- acres with very well kept single wide manufactured home, built in 2005. Home is 2 bedrooms, 2 bathrooms with 960 living square feet and includes cathedral ceilings and open floor plan. Kitchen has lots of cabinets and counter space with all appliances included(electric range, dishwasher, refrigerator). Laminate flooring in living room, hall and main bedroom was installed within last 3 years and guest bedroom has new carpet as well. Large front covered wood deck is 1.5 years old, well replaced 1 year ago with additional irrigation well too. Screen room w concrete slab is located on rear of the home and overlooks fenced yard and storage shed. Front yard is also fenced with several gates. Don’t miss this great property! 

Located minutes to downtown Fort McCoy with grocery store, doctor office, pharmacy, hardware, gas station, pizza delivery and more. Close to Silver Springs which is great for kayaking, boating and outdoor activities. Ocala is just another 20 minutes away with Walmart, Lowes, Bealls, Outback and many more of your favorite restaurants. Gainesville(Home of Florida Gators) is only 50 minutes to downtown. If you’re a fisherman, hunter or simply love hiking, canoeing or kayaking you are in luck! Minutes to Ocklawaha River, Rodman Reservoir boat ramp, Ocala National Forest and many natural springs(Salt Springs, Silver Glen Springs, Juniper Springs) awaits your explorations.  Ready for new owners! 

Call, Text or Email to Schedule Your Showing!

  • 2005 Mobile Home
  • 2 Bedrooms
  • 2 Bathrooms
  • 960 Living Sq Ft 
  • Asking Price $101,000

0.46 acres and home will be for $70k



 

10 Year Market Trend

Good Day All, 

I keep saying this, but incase you all forgot HOUSING INVENTORY IS LOW! Here is a chart that shows you the decline of listings for sale in Marion County, over the past 10 years. If you have thought about selling now is the time! I have a portfolio of buyers waiting to find their perfect home! 

Please call me for all of your real estate needs! (352) 577-9171

Mortgages Hit Lowest Point in 3 Years!

 

Happy Friday Everyone! 

Check out this latest article from FloridaRealtors! 30 year mortgages hits lowest point in the past 3 years! Just another reason why now is the perfect time to get preapproved for financing, and begin your home search! Here is contact information for a great local lender! John Celebre has a years of experience and is ready to help you with all of your financing needs!

https://www.floridarealtors.org/news-media/news-articles/2020/02/rate-drop-30-year-mortgages-hit-lowest-point-3-years

Call me today if you have any questions (352) 577-9171

John Celebre
Senior Loan Officer | Union Home Mortgage
NMLS 659576 | FL LO40458
(352) 289-1164
(352) 804-4310
jcelebre@unionhomemortgage.com
www.facebook.com/unionhomemortgagecorp/

www.unionhomemortgage.com/jcelebre
2609 SW 33 Street Unit 101, Suite #5 | Ocala, FL 34471

 

NOW is the time to BUY!

Good Day All, 

I hope everyone is having a great week! Did you know that you can save up to 16% by purchasing your home while the real estate season is slower? It’s true! The busiest time for real estate is typically April until November. Now is a great time to tour properties and  purchase your next home! I would love to help and be your Realtor! Call me today! (352) 577-9171

https://www.floridarealtors.org/news-media/news-articles/2020/02/study-its-16-cheaper-buy-now-late-2018

 

 

January Market Report!

Happy Friday! 

Here is January’s real estate market report for Marion County! As you can tell inventory is low, and home resales are up! Not to mention interest rates hit a 3 month low!  Now is a great time to buy and sell real estate! 

Please call/text me if I can help in anyway! (352) 577-9171

4224 SE 13th Street, Ocala $144,000

Great schools, great location and lots of potential! 1966 Concrete block home includes 1875 living square feet, 3 bedrooms, 2 bathrooms and attached covered parking area. Covered front porch welcomes guest into living room, just off the large kitchen and dining room w/ built in cabinetry. Family room with view of kitchen, wood burning fireplace, lots of natural light and slider just a few steps away leading to outside concrete patio. Bedrooms are cozy in size and one is much larger. Bathrooms need updating but functional. This home could use updating but there is a great base to start with and newer metal roof. 

  • 3 Bedrooms   2 Bathrooms
  • 1,875 Liv Sq. Ft. 
  • Zoned R-1 Residential 
  • 2014 Metal Roof
  • 2015 Windows 
  • 2015 Soffit
  • 2018 HVAC
  • 2019 Kitchen Appliances 
  • Asking Price $144,000



Florida’s Population Growth!

Good Day All, 

Did you know that the State of Florida’s population grows by about 906 new residents daily? This is such a positive thing for our economy and real estate market. Check out this article that Florida Realtors posted! 

https://www2.floridarealtors.org/news-media/news-articles/2019/08/florida-housing-market-median-prices-inventory-2q

If you have given any consideration to selling your home now is a great time! Sellers market! Please let me know if I can help in anyway. 

(352) 577-9171 or Info@Search352Homes.com 

Waterfront Home in Satsuma, FL! $162,500

Good Day All, 

 This home is located between Satsuma and San Mateo with easy access to Hwy 17. Only short drive to Palatka, FL with shopping, restaurants, and more. Property is located on canal leading to Dunn’s Creek and only short boat ride to St. Johns River. St. Johns River offers awesome boating and fishing year round, plus there are many options for riverfront dining and entertainment. 

The 1995 home sits on corner lot in an area of similar homes that are all very well kept and show pride in ownership. As you arrive you will notice fenced front yard with deck in front and concrete driveway leading to back of the home. Upon entering you will notice cathedral ceiling, tape and textured walls and large open floor plan. Kitchen is spacious, overlooks dining room and includes lots of cabinets and countertops with inside laundry room just steps away. Roomy main bedroom and huge bathroom with walk in closet make this a great place to rest your head at night. There is an additional 2 bedrooms and guest bath that was part of original home. The addition is 400 square feet and includes family room, bedroom and full bathroom, basically an additional main suite. The “Fun Zone” is located behind the home and is boat house shared with neighboring property. It includes storage room which leads to back covered deck including fish cleaning station and views of canal. Few steps down is double boat slips with power lifts. Plenty of deep water to get your boats in and out. Don’t miss seeing this canal waterfront home! Call, text or emial us today to schedule your showing!

  • Year Built 1995 Manufactured Home
  • 4 Bedrooms / 3 Bathrooms
  • 2020 Living Square Feet
  • .37 Acres
  • Boat House with 2 slips and power lifts
  • Fenced in front yard, concrete driveway
  • Generac whole house generator