January Market Report!

Posted by R_yn5_@_ul on

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! 

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

What a Realtor does for you!

Posted by R_yn5_@_ul on

Have you ever thought what all does a Realtor do? Watch this short video to find out just a few things that we do to help buyers and sellers! 

https://www.floridarealtors.org/news-media/video-library/sharing/heres-look-what-realtor-can-do-you

Looking to buy or sell real estate? Give me a call! I would love to help. (352) 577-9171

2 Year Low Housing Inventory

Posted by R_yn5_@_ul on

Good Day All, 

Are you thinking about selling your home or a parcel of real estate? Inventory is at a 2 year low, and now is a great time to sell! Check out this article posted by FloridaRealtors! 

https://www.floridarealtors.org/news-media/news-articles/2020/01/realtorcom-sale-inventory-lowest-two-years

Please contact me! I would love to help you with all of your real estate needs!

(352) 577-9171 or info@homesforsaleocalamarion.com 

Tips for Avoiding Wire Fraud

Posted by R_yn5_@_ul on

Are you planning to make a large purchase in 2020! Maybe a new house,  car or a purchase out of state?  If so, the company handling the sale will probably want you to wire funds for the purchase. Check out this short video for tips to avoid wire fraud! This is a real problem and we’re seeing more and more with handling real estate transaction.

https://www.nar.realtor/window-to-the-law/how-to-avoid-wire-fraud-in-transactions

As always if you have any questions please contact me! I’m here to help you with all of your real estate needs! (352) 577-9171 or info@search352homes.com 

November Events in Marion County!

Posted by R_yn5_@_ul on

Good Day Everyone! 

Here are just a few events going on around Marion County for the month of November! 

November 1st – First Friday Art Walk 

November 2nd – Ocala Downtown Market 

November 9th – Veteran Memorial Celebration 

November 23rd – Light Up Ocala 

November 30th (other dates as well) – Dickens Christmas-Holiday Exhibition 

For event locations, times and more information please visit.  ~  https://www.ocalamarion.com/events/ 

 

Florida’s Population Growth!

Posted by R_yn5_@_ul on

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 

Homebuyers in a tough market!

Posted by R_yn5_@_ul on

Good Day All, 

I hope everyone is having a great week! If you’re a buyer looking for a home or possibly thinking of purchasing a home soon, than this is a post for you! Today’s real estate market is in favor of the sellers. Inventory is low and buyers have to be aggressive. Use these few tips to make sure house shopping is a success for you! 

Pre-Approval – The first step for you is to get pre-approved. Reach out to a local real estate expert and they will help you get in contact with a local lender that is experienced and also knows the importance of being aggressive in todays market. 

Love Letter – This may sound like a crazy idea, but I’ve seen it work! Write a letter to the sellers explaining why you love their home and your goals for the property (raising a family, remodeling, etc.) 

Be flexible – Understand right now that you’re not going to get everything you want. Be flexible, give and take and listen to what your real estate professional is telling you. 

Not so popular listings – Consider a listing that has been on the market a while or may not be as attractive as a new listing. Often if you can find a property that has been on the market a while, it will help keep you out of bidding wars and you may end up getting a better deal in the long run. 

I hope you find these tips helpful! As always, please contact Rountree Realty for all of your Marion and Putnam County real estate needs! (352) 577-9171 or Info@Search352Homes.com 

 

 

Co-Signing a Mortgage Loan

Posted by R_yn5_@_ul on

Good Day Everyone, 

I hope you all are having a great week! Spring is right around the corner which often can be the busiest time of year for home sales. Lately, I’ve received several calls from first time home buyers in regards to purchasing a home. Often people think that if their credit and financial situation isn’t ideal, that they will just get a co-signer to sign on the mortgage. Are you aware of the risk of co-signing on a mortgage or any type of loan for that matter? Below, in my opinion, are the top 5 risk. 

  1. You’re 100% Responsible for the Loan – If the person you’re co-signing for loses their job or decides to quit making the payments, YOU’RE RESPONISIBLE TO PAY BACK THE LOAN. Just because you’re the “2nd person” or “backup” does not mean that you’re not responsible for the loan. 
  2. Credit Score – Co-signing on a loan will affect your credit score. Any delinquencies will appear on your credit score.
  3. Future Loans and Debts – Even if the primary borrower makes all payments on time and is in good standing, retailers and vendors will be notified that you have a mortgage loan in your name, even as a co-signer. 
  4. Your Financial Situation – Your finances will be reviewed to determine if the bank will approve the loan. You will need to provide bank statements, paystubs, tax returns, etc. ; just as if you were the primary borrower.
  5. Do Your Homework – Just remember without you, the primary borrower would not have been approved for this loan. Research and look into their income, debts, etc. before you financially obligate yourself to them and a loan. 

I hope you find the blog post helpful! If there is anything I can do to help please let me know. (352) 577-9171 or Info@Seach352Homes.com