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/ 

 

3 Bedrooom Citra Home – $95,000

Posted by R_yn5_@_ul on

 

  • 3 Bedroom
  • 1 Bathroom 
  • 2012 Construction 
  • 0.20 Acre Lot 
  • Zoned R-4 for Residential Mixed Use 
  • Asking Price $95,000

Hard to find a hurricane built, constructed home for under $100K…not anymore. This cute and clean 2012 built 3bedroom, 1bathroom home is ready for a new owner. Used as a seasonal vacation home for five weeks a year. Like new! Cozy galley style kitchen with plenty of oak cabinets laminate countertops, refrigerator and stove. D/W, garbage disposal, & plumbing to fridge hook-up ready for installation. Living room has a cathedral ceiling with lots of natural light. Tub/shower combo in the bathroom. Laundry/storage room with washer and dryer hookups. Tiled floors throughout the house. Forced heat for the winter months and window A/C for summer. Ductwork for central air. Priced to sell! 

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Please Call/Text (352) 577-9171 or email Info@Search352Homes.com for more info

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