Monday, September 14, 2020 / by Carol A. McNamee
Have you been considering buying or selling your home but not sure how safe it is during this time? Here at Florida Lifestyle Realty, we have made it simple, safe and easy for anyone to continue their home process from the comfort of their own home.
You may ask how? We have created a Virtual Home Buying and Selling Package for clients that include a touch-less experience where you don’t have to leave your house.
For example, with a Virtual Home Selling Package, you will get a virtual consultation over the phone or video to talk about your selling goals. In addition, we will schedule a photographer to take professional photos that highlight your home. When it comes to property showings, we take extra precautions to safeguard everyone's health, following the CDC guidelines by wearing masks and keeping a distance. Don’t worry about having to sign documents in-person, you can review and sign all contracts, forms and disclosures from your phone or computer. And ...
Thursday, September 10, 2020 / by Michele Barwick
Hurricane season officially kicked off on June 1st and goes through November 30th. Hurricanes can seem scary but being prepared will help keep your family and property safe. When a storm is approaching and becomes a potential threat to your area, the National Weather Service will issue watches and warnings to keep you up to date on how to prepare.
A "hurricane watch" indicates the possibility that you could experience hurricane conditions within 36 hours. This watch should trigger your family's disaster plan and protective measures should be taken, especially those actions that require extra time such as securing a boat, leaving a barrier island, etc. Many of us live on a barrier island which means we need to start preparing now, if not sooner.
A "hurricane warning" indicates that sustained winds of at least 74 mph are expected within 24 hours. Once this warning has been issued, your family should be in the process of completing protective actions and deciding the safes ...
Tuesday, August 25, 2020 / by Kelly Bruno
Typical ways to purchase real estate include Conventional loans, FHA loans, VA loans and cash. But not all condos are created equal; some of these are not an option with the exception of cash.
Some condos can only be bought with cash. This can happen for a number of reasons:
The condo does not carry the right insurance that a lender requires
The ratio of renters to onsite owners is too high
The condo is involved in a litigation of some sort, among other things
The majority of condos are purchased with a conventional loan. The required amount of a down payment can range from 10% up to 25% (there are even a few lenders that will accept 5% down). This amount will depend on the lender and how the Buyer intends to use the property. In addition, you must factor in whether or not the association is “warrantable”, meaning a complex must be in good shape – both physically and fiscally.
FHA loans offer low down p ...
Monday, August 17, 2020 / by Karen Steil
Are you ready to house hunt? It's a jungle out there: Prepare for a flurry of paperwork, stampedes of buyers competing for the same digs, and other challenges, before you get to the closing table.
We won't lie: The process can be complex and stressful. Having a Real Estate Professional by your side can make all the difference. True to their name, a buyer's agent helps consumers, like yourself, navigate the real estate market; they can also save you tons of time and money on the road to your new home.
A buyer’s agent will guide you through the home-buying process and be at your disposal for any questions or concerns. Here are some of the things a buyer's agent can do:
-Find the right property
-Negotiate the offer
-Walk you through countless steps prior to the closing; eg., financing, title companies, insurance, inspections and appraisals
-Recommend other professionals (movers, contractors, painters, landscapers, etc.)
-Help overcome setbacks
A buyer's agent is legally bo ...