HOT Demand for Real Estate!

Posted by R_yn5_@_ul on

Good Morning! 

COVID-19 has affected the economy in a lot of ways, but not real estate. We’re still seeing a shortage of inventory and multiple offer situations! Not to mention interest rates right now are in the low 3’s. I’ve even seen them as low as 2.8% 

Check out this article posted by FloridaRealtors! In May home prices were up 3.7%

https://www.floridarealtors.org/news-media/news-articles/2020/07/sp-corelogic-case-shiller-home-prices-rose-37-may

In June we saw a record high with existing home sales increasing by 20.7%

https://www.floridarealtors.org/news-media/news-articles/2020/07/nar-june-existing-home-sales-climb-record-207

NOW is a great time to buy and sell real estate! Call me for all of your real estate needs! (352) 577-9171

 

 

Can I Obtain a Mortgage?

Posted by R_yn5_@_ul on

Happy Thursday!! 

So often I speak to potential homebuyers who never thought homeownership was an option. They think due to a mid to low credit score or unique job situations that buying a home is not an option for them. Well I’m here to tell you that is not the case. I work with lenders everyday that will work with credit scores as low as 620 and different job scenarios. Check out this article posted by Florida Realtors! 

https://www.floridarealtors.org/news-media/news-articles/2020/07/many-believe-they-cant-get-mortgage-and-theyre-wrong

If you have any questions regarding financing and possibly purchasing a home, I urge you to give me a call. I would love to have the opportunity to talk with you and connect you with a local lender that maybe able to help. Call me if you have any questions. (352) 577-9171

***Inherited Property***

Posted by R_yn5_@_ul on

Good Day All! 

I hope everyone is having a great week! Have you recently inherited a piece of property? If so, check out this latest article from Governor DeSantis. He just signed a bill that impacts some inherited property. If you have any questions please give me a call. I’m more than happy to help. (352) 577-9171 

https://www.floridarealtors.org/news-media/news-articles/2020/06/desantis-signs-bill-impacts-some-inherited-property

 

Be Careful About Forbearance On Your Mortgage

Rountree Realty Blog – Forbearance

Posted by R_yn5_@_ul on

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

 

Why Hire a Realtor?

Posted by R_yn5_@_ul on

Good Morning!! 

I hope everyone is having a great week! Have you ever really thought about what a Realtor does? A lot of people think we just unlock and show houses,  but there is so much more that a true, professional Realtor does? I could think of 100 reasons why you should hire a professional Realtor, but below are my top 5 reasons!  

  • Code of Ethics – You would only hope that everyone would be honest during a real estate transactions. Realtors who belong to the National Association of Realtors, have agreed to abide by 17 rules to promote honesty and fairness. 
  • Insider Information – Full time Realtors work in this field everyday. We have the most up-to-date information and often know of things happening before anyone else does. 
  • Marketing Masters – Have you seen my marketing plan? (professional photography, 3-D tours, website, professional signage and so much more) Call me and let’s chat! 
  • Negotiators – For sellers the key is to get top dollar for your home. For buyers the key to get a good deal within the current market conditions. With 20+ years of experience I have helped buyers and sellers accomplish their goals!  
  • Real Estate Law – Realtors are constantly taking continuing education courses and keeping up with the latest real estate laws to protect YOU. 

If you’re thinking of buying or selling real estate call me! I would love to help. (352) 577-9171

Housing Demand

Posted by R_yn5_@_ul on

Happy Thursday, Everyone! 

If you have followed my blog you know for the past several months I have talked about the housing shortage that we’re currently facing. Check out this article that Florida Realtors just posted! The U.S. needs 3.3 million more homes to satisfy the housing demand. 

https://www.floridarealtors.org/news-media/news-articles/2020/03/study-us-needs-33m-more-homes-satisfy-demand

If you have given any consideration to selling now is the time!

Call me! I would love to help (352) 577-9171 

Worst Advice for Home Buyers!

Posted by R_yn5_@_ul on

Happy Monday! When buying a home you hear all different types of advice and opinions from your family, friends and peers. Check out this article posted by Realtor.com ~ worst advice given to home buyers. 

  • Prices are going down (FALSE) 
  • You don’t need a Realtor (USING A REALTOR IS FREE FOR YOU! PAID BY THE SELLER) 
  • Make lowball offers (THIS ISN’T ALWAYS A GOOD IDEA.) 
  • Don’t obtain a home inspection (FALSE. THIS IS THE BIGGEST INVESTMENT YOU WILL MAKE) 

Link to full article >>>

https://www.realtor.com/advice/buy/worst-home-buying-advice/?cid=soc%5Ffy20_TW_RDCFY20_Buyi

Please call me for all of your real estate needs! I would love to help! (352) 577-9171 

10 Year Market Trend

Posted by R_yn5_@_ul on

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! 

[Show thumbnails]

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

Mortgages Hit Lowest Point in 3 Years!

Posted by R_yn5_@_ul on

 

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!

Posted by R_yn5_@_ul on

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