Palm City Farms, Palm City
-
Announcing a price reduction
on a 3,488 sq. ft., 3 bath, 3 bdrm single story. Now
$789,900
- PALM CITY NEW CONSTRUCTION.
Property information
A lease option basically means you are leasing or renting a property with
an option to buy it at a future date. The future price of the property should be
fixed at the time the lease-option is signed.
Usually there is
an up-front payment of some amount to purchase the option. That amount can vary.
Sometimes the monthly payment is larger than normal and the excess is used to
purchase the option. In some cases, the option money can be applied toward the
down payment for the later purchase of the home.
Lease-options are
usually done during a slow real estate market. During a hot market, the seller
can simply sell the home in the regular manner.
Benefits for sellers?
- They often get to
sell the house at a higher price than they could sell it in a normal
transaction.
- They can sell the
house during a slow market.
- By being able to
collect a larger monthly payment than they could obtain in a normal lease, the
property "cash-flows" and they don't have to come up with money out of their own
pocket each month to make the mortgage payment.
- They get some
up-front option money and when the buyer cannot exercise the option, they get to
keep it.
Risks for buyers?
Individuals who attempt to buy homes on a lease-option rarely end up
buying the home. This often has to do with the reason they try to buy on a
lease-option. They usually cannot qualify for a home loan and expect that they
will be able to qualify after a period of time. Later, they find they still
cannot qualify - whether it is because of poor credit, lack of income
(documentable income), or lack of savings to have a large enough down payment.
If this happens, you lose any option money you might have paid up front or as
part of your monthly payment.
Bold Real Estate
Group has an extensive rental
department. We offer properties of different price ranges, lifestyle golf
communities, 55+ active communities, including the white sandy beaches of
Hutchinson Island, Jensen Beach, Vero Beach and beautiful Palm Beach areas.
Our rental team acts as a liaison between the landlord and the tenant
providing extensive services including but not limited to finding tenants,
properly screening tenants, negotiating leases, etc.
Whether you are
relocating and in need of a short, seasonal, daily or annual rental property or
looking to rent out your investment property please complete form below to
contact Bold Real Estate
Group for your free
consultation.
$8,000 tax credit for first-time home buyers. This popular and valuable tax credit
of up to 10% of the purchase price or up to $8,000 was extended into 2010
(purchase agreements must be signed by April 30, 2010, and closings must be
final by June 30, 2010). The new program was also expanded to include a tax
credit of up to $6,500 (or up to 10% of the purchase price) for qualified buyers
of a second or "replacement" home under the same deadlines. To qualify, home
purchasers must have owned and occupied a primary residence for five consecutive
years during the last eight years. Most importantly, the new program
significantly increases previous income requirements.
There are other important guidelines to meet in order to qualify, so be
sure to discuss your situation with a tax professional. Don't forget, you
can still buy a home before April 30th and qualify – even you've already filed
your 2009 taxes – For more information please contact us 772-905-8173 or visit
www.BoldRealEstateGroup.com or send us an email at communityinfo@comcast.net
Hutchinson Island, Florida -
Announcing a price reduction
on oceanfront Condominium 3,262 sq. ft., 4 bath, 3 bdrm 4-level split. Now
$750,000
- Hutchinson Island Condo.
Property information
Cascades at St Lucie West
-
Announcing a price reduction
on a 1,257 sq. ft home, 2 bath, 2 bdrm single story. Now
$130,000
- Port St Lucie Home.
Property information
Castle Pines, PGA Village at St Lucie West
-
Announcing a price reduction
on 8235 Mulligan Circle, a 2 bath, 2 bdrm fully furnished condominium. Now
$119,900
- PGA Golf Villa Reduced!.
Property information
Palm City Farms, Palm City
-
Announcing new home price reduction a 4,130 sq. ft., 4 bath, 4 bdrm single story. Now
$879,900
- Palm City Estate Home.
Property information
Palm City Farms, Palm City
-
Announcing new home price reduction a 3,488 sq. ft., 3 bath, 3 bdrm single story. Now
$799,900
- PALM CITYNEW CONSTRUCTION.
Property information
Please take a moment and visit the amazing collection of
luxury resorts. Even if you are not currently considering a
second,
vacation, or
retirement home at a resort, I think you will enjoy visiting this beautiful website and dreaming about a possible future at one of the participating resorts.
Click on this link to begin your tour.
If you do happen to be in the market for a
second home at a resort, I encourage you to begin your search at
Resort Authority. They have done the hard work of sifting through the hundreds of resorts and collected some of the very best, in a comprehensive range of locations, prices, and product.
There is no home like one located within a truly special resort, able to draw on the resorts unique blend of amenities whenever you desire.
Resort Authority makes it easy to explore this lifestyle in a relaxing way.
I hope you enjoy your tour of
The Collection... And please let us know if you have any questions.
This is an excellent time to
purchase your first home. The slow real estate market we are currently experiencing means first-time homebuyers have a large inventory from which to select. An even bigger advantage for buyers is the lower pricing!
Before you select a REALTOR® to assist you in the purchase of your first home, be sure you are working with someone you can trust with this important decision.
Bold Real Estate Group can offer the knowledge and many years of experience working with first-time homebuyers.
Bold Real Estate Group services include not only finding the ideal home, but also confirming the fair market value and best price for that home before you make an offer to purchase. Our knowledgeable REALTOR® will be by your side through the entire home buying process. Our goal is to ensure your first-time home purchase is a pleasant, exciting, and stress-free experience.
Bold Real Estate Group enjoys working with first-time homebuyers, and it would be an honor and a privilege to work with you. You may view thousand of homes for sale on our web site at
www.BoldRealEstateGroup.com or
contact us for additional information on the services we provide first-time homebuyers.
Florida Realtors announces Haitian relief
In partnership with NAR, the association will contribute $10,000 and collect
individual donations at next week's meetings. Read
more.
The decision to purchase a home is exciting and a major investment for your future. Because there is only so much of it to go around, real estate is the top choice for many investors and the desire for most families. This article is designed to highlight some of the many benefits of home ownership and how buying a home can often turn the American Dream into a reality.
One of the most profitable markets in real estate is rentals, which means that many families are paying to live in a home that isn't their own. In some cases, renting a home is necessary. For all others, the money that would be spent on rent could instead be used to pay a mortgage. In fact, monthly rent payments often exceed that of a typical mortgage payment. One of the greatest benefits of home ownership is putting money into something that you can call your own and knowing that the monthly payments are going toward your home's equity.
Speaking of equity, many properties experience a growth in value as more development moves into the area or the economy strengthens through an increase in job opportunities. If this happens, home values soar and owners can bask in the glory of their new found profit. When you purchase a new car, it depreciates the moment that you drive off of the lot. When you buy a home, however, it has the potential to appreciate year after year. There are few things in life that can offer you a return above and beyond your original purchase price, but a home can.
When you own a home, you will enjoy the freedom of decorating and making any changes that you choose without needing the permission of a landlord or property owner. In addition, you may even be able to use your home's equity to finance some needed improvements and/or repairs. In some cases, these changes may even increase the value of your home. An upgraded kitchen or bathroom, hardwood flooring or an additional room are examples of changes that could result in added value.
Another advantage of home ownership is the tax benefits that are available. The interest paid on a home mortgage as well as most property taxes paid are tax deductible. For additional information on deducting mortgage interest and property tax, consult the IRS or a tax professional.
In addition to providing yourself and your family with a feeling of stability and permanence, home ownership can also help strengthen your credit profile through timely mortgage payments and a steady financial history.
Courtesy of: Bold Real Estate Group
Courtesy of: Brian G. King, North Star Mortgage Network (904) 333-9060
Ah, January. Or is it, "Ugh, January!" Do you find yourself dreading the long,
cold winter after the holiday season, or does it represent a fresh start? Not
just to shake some bad habits but to set the foundation for really good new
ones?
As 2010 begins, we encourage you to take 5 steps that
could make a significantly positive impact on your credit-and, as a result, your
finances overall. Do these 5 things now and you might find your finances
looking quite rosy at the beginning of 2011.
1. Stay on top of your credit-including the fine print
If you haven't been monitoring your credit, what better opportunity to start
than the billing cycles right after the holidays. If you're distressed by what
you see now, view it as a starting point, then come back next month, the month
after, and the month after that to watch your progress. Monthly monitoring is a
must for you to see changes in your credit over time-checking it once a year
just doesn't cut it.
And for 2010, it's
really important not to just read and scan your reports (besides monitoring your
progress, you'll be in a position to catch fraudulent accounts or other
indicators of identity theft) but to read the fine print, too. Find out if your
credit limits have been lowered and get the scoop on how much time you have
until bills are due. Don't find yourself paying late fees-and having to take a
hit on your credit score-because you weren't aware of new charges, limits or
dates.
It might sound
obvious, but you really should read your credit card terms and agreements. Do
you know what your credit card limits are? Due dates and grace periods? Fees and
interest rates? New laws and regulations going into effect might lower some fees
but make sure you're not compensating in some other area for lost revenue. Don't
get socked with late or over limit fees unawares.
2. Clean up your credit report
Now that you're monitoring your credit, the start of the year is a great time to
go over your credit reports for any inaccuracies. The most proactive action you
can take against identity theft is to watch for new accounts, addresses or other
information that isn't yours. But in addition to keeping identity thieves from
spending your money and getting credit in your name, you also want to make sure
inaccuracies aren't harming your credit score. If you paid a bill on time but
your report says you didn't, you'll want to file a dispute so that you can get
any inaccurate information taken off your report and prevent your score from
dropping.
3. Pay off small, outstanding bills that can get turned over to
collection
A parking ticket that you've ignored gets turned over to
collections. Annoying? Of course. Important? You'd be surprised-any outstanding
balance can affect your credit score, especially when it's a late or missed
payment. So don't let something that you consider really important-like your
mortgage rate-suffer as a result of having something so minor on your credit
history. Stay on top of those outstanding bills and clean them up.
4. Lower your rates or transfer your balances
Balance transfer offers might not be as plentiful as they
once were, but that doesn't mean you won't be able to find any, if you have a
good credit score and you do some comparison shopping. Look for offers with a 0%
introductory rate for a full year, relatively low rates thereafter (13% or less)
and no annual fees.
5. Attack the balances
Paying down credit card balances is really no fun. (We speak
from hard-won experience.) It's much more fun to use that card to book a
mid-winter ski (or beach) getaway. You probably think we're going tell you to do
it anyway. Well yes, but we'd actually like to suggest you make it fun, too!
Create a chart and track the dwindling balances in colored ink. Celebrate
milestones, like getting half the way there, paying off $5000 (substitute the
amount of your choice), whatever is meaningful for you. Just don't celebrate by
charging anything.
These are 5 simple
things you can do to get 2010 off on the right track. And if, in the process,
you might find yourself creating new, positive habits, all the better. Good
luck, and best wishes for the new year!
Quick QuizTime to look at your spending? See if
you can guess how much a typical American household spent in 2007.
1. On gas and motor oil:
A.
$5,598
B. $1,045
C. $976
D. $2,384
Answer: D. The typical household spent $2,384 on fuel for their
automobiles.
2. On eating at home:
A. $2,897
B. $3,465
C.
$5,962
D. $9,416
Answer: B. The
typical household spent just over a $1,000 more to fuel themselves than their
cars.
A Closer Look at Credit
& Why do credit cards have expiration dates? Did you know you can still use a credit card past its
expiration date because the number on the replacement card stays the same? So
why list an expiration date at all? Banks and credit card issuers say fraud
protection and the magnetic strip wearing out are the main
reasons.
St Lucie West, St. Lucie County
-
Announcing a rent/lease reduction
on 211 NW LISERON WAY, a 2,184 sq. ft., 2 bath, 2 bdrm single story. Now
MLS®
$1,100
Monthly
- St Lucie West Rental.
Property information
Are you a Florida absentee owner or investor? Do you own a condominium or single family home that will require care and supervision? Bold Real Estate Group and professional staff provides customized property maintenance to absentee owners and investors. Our service includes monthly management and repairs as needed, marketing & rental of property, pre-qualification of potential tenants, full background check, move-in & out inspections, tenant performance & evaluations, lease administration & negotiations, semi-annual inspection, house cleaning, carpet cleaning, pool cleaning & chemical application, pest control, appliance repairs, home watch, pressure cleaning, landscape services, handyman services, storm damage, mold & mildew, security system, plumbing, interior & exterior painting, floor installation, driveway & garage refinishing, mail delivery & forwarding, bid proposals. For more information and managing fee schedule, please complete form below and our property management staff will reply within 24 hrs.