2016 Tampa Bay Home Value Update
Clients and friends,
I have an important update for you about the value of your Florida home.
If you’ve been following the news, the Federal Reserve is likely to raise interest rates when they meet on June 15th.
It’s been all over the news these past few weeks.
This makes it more expensive for people to own a home by raising their mortgage payments.
It also decreases your pool of buyers thus lowering your home value.
Further, after a 6-year record run up in home prices since the 2008-2009 recession, this may be the last year to get the maximum price on your home sale.
It’s likely we’ll see a market correction next year.
Here in Florida, we’re still seeing neighborhoods with very tight inventory. This means if you list your home for sale, it will sell quickly and possibly above asking price.
In other neighborhoods, sales are slowing down. Home prices are lower than they were last year, or leveling off.
I write you because this summer is the best year to sell your Florida home to get the maximum price.
If you are thinking about selling your home, I have a special gift for you…
You can find out what your home is worth based on your neighbor’s recent home sale price.
Want to know what your home would sell for today?
If you’re thinking about selling your home, call me at 727-488-9747 or email me at firstname.lastname@example.org.
With a few questions about your home, I’ll fill you in on what price it will sell for today at no charge.
We’ve worked with many home buyers recently and know exactly what people are looking for in the hottest homes.
My estimates are right on the money.
I can also help you secure a low, fixed-rate mortgage without junk fees and with a minimal down payment.
I’ll put you in touch with my best preferred lenders.
Anyway, I write you since we’re coming up on the hottest home selling season we’ve seen in years.
Our economy is normalizing, interest rates are rising, and pent-up demand following the 2008-2009 recession is less.
This is the summer to sell your Florida home.
So, I invite you to find out what your home will sell for with my home value report tool. It’s free to you.
You can call me at 727-488-9747 or email me at email@example.com. I’m happy to answer any questions you have about Florida real estate.
Until then, have a great week and I’ll talk to you soon.
Zillow vs. Reality is the reason to use a Realtor in Tampa Bay
This is a pretty good article regarding Zillow vs. Reality that the Pinellas Realtor Organization put out regarding the need to use a Realtor in the Tampa Bay for determining value.
Bulk REO and Bank Owned Properties – Buy, Fix & Flip or Hold? Buy Multi-Family? Buy Tax Deeds? Buy Notes? I’ve done them all….I have people ask me about investing and what books I would recommend towards flipping or holding or tax deeds or notes. Lots of variables and strategies but they want me to give them a few of my top books that I would recommend to someone. To curious beginners I typically recommend Rich Dad Poor Dad (Robert Kiyosaki), and Building Wealth one home at a time (John Schaub) , Rich Dad is a great introduction to income producing assets and financial freedom concepts and Building Wealth is a great practical outline of real world house investing . For flip specific books , stuff by Ron Legrand or Jay Decima are good as well. It’s very important to get and stay educated …even repeat the read if needed!
Remember a new investor isn’t just learning how to turn opportunities in deals but is being effected emotionally. Most new investors have to change their perspectives regarding wealth, finance, personal relationships and more. Logically real estate investing can be done by anyone but I see people falter in overcoming the changes in their existing belief systems. Outside of investment books are tax law and book keeping guidelines along with investing in Real Estate in your Self Directed IRA or 401K. Learn and practice efficiency.
But if I had the investing model in place when I first started out that i do now I would never have spent all the time and money that I did along the way doing buy, fix and flips and even commercial deals. I simply would network for funding partners and buy as many of our Bulk REO turnkey properties as possible. These properties earn 12% minimum, there is no work to be done, all the note servicing is done for you, all you do is receive mailbox money and cash the check. Now if someone really likes doing the work of rehab then I would recommend getting a coach so you could blend some of those deals into the first strategy. I have many books and recordings that I have collected over the years and there is not one resource that I would suggest. Getting a mentor is key and work with like minded people who will lift you up with knowledge. There are people at local Real Estate Investment Association meetings who are very qualified and who will charge fair rates and guide you.
I believe the highest and best use of my time and the highest and best use for my money. The sooner you adopt this mindset you will graduate from employee to self employed to business owner and then to investor.
If you are interested in investing in Bulk REO and Bank Owned Properties in your Self Directed IRA or 401K or have Cash on the sideline and want to see a Return On your Investment of 12% to 40% then reach out to me and I will share with you how you can do this. I am doing this now and realizing those returns using my own Self Directed IRA. 727-488-9747
Absolutely gorgeous open water views from almost every room. Located on deep sailboat water with plenty of room for large boats/cruisers to access. Dramatic volume ceilings with glass sliders running across the whole back of home with terrazzo floors. Split plan layout. Private master suite with water views and a bonus room/ office. Water views from guest bedroom. circular drive, tropical landscaping being installed in front 2/12/16, dock and 13,000lb boat lift, low maintenance pavers in back,… Very well maintained home and it shows! Enjoy waterfront Florida living’. Boaters dream! Access the Gulf and the Bay! Convenient location close to shopping, I275 access, Beaches…Courtesy of Charles Rutenberg Realty, Inc.
Mediterranean Water front Luxury in peaceful INDIAN ROCKS BEACH only a short walk to all local restaurants and attractions. Elegant 4 bedroom, 4 bath home offers just over 6,000+ total square feet of pure enjoyment including Elevator, Home Theater, Bonus & Game Rooms, 3 Balconies with outstanding intercoastal views, Sun deck with Gulf views a Chief’s kitchen with professional line appliances, pool and much more. Spacious master suite features dual view fireplace, sitting room, large California style closets & Shoe closet for over 150 pairs, walk-in shower & jetted whirlpool tub. Rare waterfront setting. 16,000 pound boat lift will accommodate up to a 37’ high and dry. Deepwater for Large Boat or Sail with easy Gulf access. Indoor car wash & large workshop for your ‘Toys’. Go fishing from your backyard, 2 block walk to the beautiful sandy beach, watch the ultimate views of the sunrise and sunsets….Courtesy of Charles Rutenberg Realty, Inc.
Maintenance Includes: Building Exterior, Cable, Community Pool, Escrow Reserves Fund, Flood Insurance, Gas, Ground Maintenance, Insurance Building, Maintenance/Repairs, Pest Control, Private Road, Recreational Facilities, Roof, Security, Tennis Courts, Trash Removal, Water/Sewer