Oak Run Community: Great Home with Great Lifestyle!

May 10th, 2013

Oak Run Active Adult Community offers a great lifestyle with over 100 active clubs. It is a to 3,500 home active adult community in the heart of central Florida. Oak Run on Ocala’s southwest corridor just off Highway 200 and it is known  for its amazing ancient oak trees, beautiful amazing hills and gorgeous lakes. If you love to travel and explore other attractive sceneries, Oak Run is just 30 miles away to the Gulf of Mexico and a few minutes away to popular destinations in Orlando and Tampa.

The Palm Grove Club is  newest clubhouse that is 30,000 square-foot. There are a lot of amenities that will definitely give its residents specifically adults that are actively engaged in different social and fitness activities. Facilities are state-of-the-art that includes a ballroom, fitness center and exercise that offers classes such as yoga and aerobic classes.  This home is spacious with 3 bedrooms and baths, 2 car garage. Large family room with formal dining area and eat in kitchen with plenty of cabinets and counter tops. Expanded Georgetown features split bedroom plan. Volume ceilings and a private backyard. It is also a perfect getaway for summer as it has a resort-style pool and spa.

Aside from activity centers it also offers meeting rooms, library and an auditorium that over 1,000 residents and plays host to movies, plays, musical performances and more.

Oak Run has this 18 hole golf course that is a 6,703-yard, par-72 course. This Golf Course was designed and was built around mature trees and native vegetation which makes the setting truly magnificent.

Oak Run has over 3,500 homes and each homes has different styles and sizes ranges from 700 to over 2,800 square feet. This beautiful home located in 8177 SW 117 LP FL, 34481 has 3 bedrooms and 2 baths. It has garage attached and was built with concrete block with stucco. This home is spacious and has large family room with formal dining area and Eat in Kitchen with plenty of cabinets and counter tops. It has great interiors with volume ceilings and private backyard. This Home includes appliances such as Dishwasher, Dryer, Range, Refrigerator, Washer.

If you are looking for a great deal! This home is for you. Not only it is situated in a great location but it has the ambiance of a peaceful and perfect home.

Click Here for more information

Here are some of the great activity centers and golf courses in Oak Run:

Oak Run Amenities

Island Club

  • Island Club
  • Outdoor Pool & Spa
  • Multi-Purpose Room
  • Demonstration Kitchen

Palm Grove Clubhouse

  • Palm Grove Clubhouse
  • Outdoor Pool
  • State-of-the-Art Fitness Center
  • 550 Seat Social Hall
  • Demonstration Kitchen

Aqua Sports Club

  • Indoor Pool
  • Sundeck

Orchid Club

  • Orchid Club
  • Outdoor Lap Pool
  • Fitness Center
  • Hobby & Game Room
  • Grand Ballroom
  • Arts & Crafts Studio
  • Library
  • Demonstration Kitchen
  • Billiards Room
  • 4 Tennis Courts
  • 2 Pickleball Courts
  • 6 Bocce Ball Courts
  • 16 Shuffleboard Courts
  • 8 Horse Shoe Pits
  • Sand Volleyball Courts

Top 25 most profitable markets for flipping houses

May 8th, 2013
flipping houses image Top 25 most profitable markets for flipping houses

Flipping houses for top profits

As the housing market crashed in 2008, before any of the banks’ misdeeds were evident, many people blamed house flipping on the sole reason for the sector’s crash. History has told a different story, and while house flipping played a role, it was not the reason for housing’s crash, although in some areas, it played a major role in crippling housing’s recovery. Flipping houses has become almost a cuss word, as irresponsible flippers did play a role in pulling the rug out from underneath housing, but despite gains in housing, the stigma remains.

Regardless of the stigma, flipping houses is back. This time, lending is different, and the economic climate is dramatically different, so investors are taking a different approach, but as with any business transaction, profits are the name of the game, so where can flippers get the most bang for their buck?

Read also: Investment, vacation home purchases spike dramatically

Top 25 most profitable markets for flipping houses

RealtyTrac selected the top 25 markets nationwide where flipping single family homes offers the highest rate of return based on the flipper’s gross profit — the difference between average original purchased price and the eventual flipped sales price of a flipped home.

Below are the top 25 cities (click either image for an interactive experience):flipping houses Top 25 most profitable markets for flipping houses

flipping Top 25 most profitable markets for flipping houses

RealtyTrac notes, “To create the list, we looked at more than 600 metro areas nationwide where flips of single family homes occurred in 2012. We counted a flip as a situation where a sale of home occurred within six months or less of the previous sale of the same home. From the 600 metros we first narrowed it down to metros with at 500 flips in 2012, and then to metros with at least a 9 percent annual increase in home values between the first quarter of 2012 and the first quarter of 2013. From that universe of markets we selected the top 25 based on the gross profit as a percentage of the original purchase price.”

 

This article, Top 25 most profitable markets for flipping houses, is syndicated from AGBeat and is posted here with permission. Click Here To View Post

Find A Lovely Home In Persimmon Loop!

April 15th, 2013

Finding the right home for your family could be very painstaking. It requires great effort and patience just to get the best ideal place to live in. Home buying is not easy thing to do as it consumes your time in doing house hunting, finding the right agent, visiting properties, etc.

 

If you want to save all the hassle of searching the perfect home then you’ve come to the right place!

 

A lovely home located at 2684 Permsimmon Loop in The Villages is a Single Family Home with 3 beds and 2 baths. It has a spacious area that is great for family outdoor activities. This home is light, bright and spacious. It has an entertaining kitchen with solid surface countertops plus 42 inches cabinets and stainless appliances. The house has split plan that offers privacy for guests. The Master Suite is very spacious and if you’re fond of shopping for new things then this is right for you as it has tons of closet space where you can organize you stuffs and things and has a large bathroom.  This beautiful home is ready for move in plus some appliances included!

Community offers amenities after amenities after amenities.

 

Choosing this place will give you a wide variety of entertainment and you can enjoy FREE live entertaintainment in the gazebos at three different town squares. It has many country clubs and restaurants that features unique quality entertainment. Shopping and Dining is just around the corner, so if it’s part of your lifestyle then you’ll get to enjoy living in this community! If you love sports then you can get a free membership once you become a Village resident.

 

This community is really great for place to live and is also convenient in keeping a healthy lifestyle as it offers easy access to wellness facilities and neighborhood fitness centers as well as hospitals.

Great place to call home for all……relax or be active, The Villages offers it all.

A Beautiful Custom Built Home Near The Villages!

March 14th, 2013

Are you looking for a perfect and quiet home? Located Out in the country yet is close to everything and at same time gives you security and peace of mind?

Look no further as this beautiful custom built home in SE Ocala is priced for a short sale. The house is built with 3 bedrooms plus a room that can be converted to an additional bedroom,office or game lounge. Its uniqueness and intensely green lawn area was strategically engineered and designed that makes the outside view look more stunning.

This Elegant Single Family Home is located at 586 SE 95 ST, Ocala, Florida in Marion County. The property is just in between Ocala and the Villages which are close to all establishments such as Recreational Centers, Golf Areas, Shopping Centers and more.

The interior of the house was beautifully made with great materials and furniture. It has den/formal living area and and a gorgeous dining room. The house was built with volume ceilings and an open split floor plan. The Gourmet kitchen has Granite tops with island, Nook and a Breakfast bar. The Family room is built with Fireplace

Master Bedroom features Tray ceiling and French doors to Pool area and a large walk-in closet.

Covered Lanai with complete Summer Kitchen overlooking heated POOL. Additional 2 car detached Garage/Workshop. Flag lot property

If you want to get more information please click here

Everything you need to know about The Villages!

February 19th, 2013

The Villages is one of the most sought after retirement destinations in the country. It is a place where you can make you dreams come into reality. The community offers a great Lifestyle, state of the art recreational centers, and beautiful golf courses. The weather makes it pleasurable to enjoy activities year round

Lifestyle

Residents in the Villages enjoys a wide variety of activities such as Shopping, Dining, Movies, etc.  There are old fashioned Towns Square that lies at the heart of the community.These are the following

Brownwood Paddock Square – which has the Barnstorm Theater that features latest Holloywood movies.

Spanish Springs Town Square – has a Church, Rialto theatre and Classic Car Cruise-In events and so many more events

Lake Sumter Landing Market Square – offers waterfront settings and the famous Lighthouse that has become a landmark in addition to fun scheduled events.

Recreation

The Villages has an amazing active adult community. Residents get to do all their hobbies and sports in just one location. Inside the villages, there are  recreational centers which were carefully engineered and constructed and they have a state-of-the-art unique facilities. Each centers has a lot of exciting activities and fun to offer. Here are some of their features:

  • billiard rooms
  • meeting rooms for clubs and activities
  • fully equipped kitchens for family events
  • family pools
  • boccie
  • shuffleboard courts
  • tennis
  • the popular pickleball

Other interesting facts:

  • Beautifully designed and constructed homes and Villas with different models to fit your lifestyle. Check out gorgeous properties available Click Here!
  • Has 9 Championship and 29 Executive Golf Courses
  • Residents can play golf for free (lifetime)
  • The Villages has its own Polo Stadium and Polo leagues
  • Has its own radio station
  • Has its own television station
  • The Daily Sun is The Villages newspaper
  • 93% of students at the Villages Charter School advance to higher education
  • The Villages Charter School is an A rated High School with 99% of students graduating.
  • The Villages is home to a 99000 square foot VA Outpatient Clinic.
  • The Villages is the safest single site development in the country with the lowest crime rate. Find out more information on this link http://bit.ly/PRlx87 .

Taxes and Mortgage Interest Deductions…

February 1st, 2013

Thinking Taxes and Mortgage Interest Deductions……

I would like to share an article regarding mortgage interest deductions.  Yes, these are still alive and I do hope you are using this processes when filing your 2012 tax returns.

Preserving the Mortgage Interest Deduction

In a time when the U.S. government is looking for tax hikes and ways to cut back and reduce the federal deficit of $16 trillion, the homeowners’ mortgage interest deduction is on the chopping block. While the whole deduction might not be scrapped, modifications and limitations to it could affect many homeowners.

According to the Christian Science Monitor/TIPP survey, Americans would rather lose the charitable giving tax deduction than the mortgage interest deduction. The National Association of Realtors (NAR) reports that’s because it’s a middle class key incentive that helps Americans build wealth.

Suggestions from economists range from implementing an overall cap on itemized deductions, to eventually having a flat credit for the mortgage interest deduction. Other ideas include capping the amount of the deduction, say, at $500,000 instead of $1 million “or the rate at which mortgage interest deducted would be lower than the top marginal tax rate,” said Jed Kolko Chief Economist of Trulia.com. A complete abolishment of the mortgage interest deduction “could greatly destabilize the economy,” says Dr. Lawrence Yun, NAR Chief Economist.

Approximately half of the amount of tax deductions taken by Americans are housing- related. Homeowners who haven’t paid down a lot of principal will be hurt the most. Millions of Americans take a tax deduction that can amount to anywhere from an average of thousands of dollars to tens of thousands of dollars per year thanks to the mortgage interest deduction.

Those in favor of reducing or eliminating the mortgage interest deduction claim that it could save the federal government $108 billion annually. Some argue that the mortgage interest deduction is not used by many. New research by USA Today showed that in 2010 only 26 percent of homeowners countrywide used the deduction on their taxes and wrote off their interest paid on their mortgage. However, the study points out that not all taxpayers can use this deduction. It’s “only available to those who itemize deductions.” A taxpayer’s mortgage interest, charitable giving, and other expenses need to be greater than the standard deduction offered.

Expensive housing states like California, Washington, Hawaii, Virginia, Maryland, and Nevada would feel the pinch. Those states can see on average a tax break from the mortgage interest deduction alone of about $12,000 a year per taxpayer which is over the standard deduction for a married couple, filing jointly in 2012 ($11,900).

Many believe that if the mortgage interest deduction is modified or eliminated it will send the real estate market into a tailspin and cause the progress that the market has made to shrink. Opponents also believe this will hurt future buyers who are currently renting.

The National Association of Home Builders says that 73 percent of those it surveyed are opposed to any changes in the mortgage interest deduction. The California Association of Realtors found that 79 percent of buyers listed the mortgage interest deduction as extremely important when it comes to deciding if they’ll purchase a home.

Written by Phoebe Chongchua

 

STOP, LOOK and LISTEN–The Real Estate Market in The Villages and Ocala area is Rockin!

January 24th, 2013

How many more articles and blogs do we need to send your way to help you as a consumer understand, this is the real estate market we have been waiting for.  Inventory is low and homes are selling with multiple offers.  The homes here in The VillagesFL  are seeing a price increase and Summerfield and Ocala area is following right behind.

In 2012, economist say that for the last 5 years homes sales kept moving upward. Existing home sales and new homes sales remarkably improved according to the National Association of Realtors

“Housing has historically led the U.S. economy out of recessions. That didn’t happen this time, and it’s one reason the economic recovery has been weak” says David Crowe, chief economist for the National Association of Home Builders

It is now contributing to the economy’s recovery from recession. Though the road to recovery is slow, it will start to get normal as prices increase for newly built home as well as existing homes that includes furnishings, appliances and beautiful interior and landscaping according to Crowe.

Home sales — and prices — are being driven higher by:

— Interest rates. They averaged 3.38% for a standard 30-year-fixed rate mortgage for the week ended Jan. 17. Average interest rates for 30-year-fixed loans have been below 4% for the past 14 months, Freddie Mac data show.

The low rates, along with home prices that fell more than 30% from their 2006 peak, has vastly improved housing affordability.

— Job growth. The unemployment rate stood at 7.8% in December, down from its peak of 10% in the fall of 2010. A better job market is enabling more people to move out on their own, which is driving housing demand. Net household formations topped 1 million in each of the past two years, Sonders says. That’s more than twice the level of 2009 and 2010.

— Falling supply. The supply of homes for sale in December fell to 4.4 months, based on December’s sales pace, the NAR says. That’s the lowest level since May 2005. Supplies are dwindling in the face of rising demand, fewer foreclosures and reluctant sellers.

Not all economists see brighter days ahead for housing, given what market researcher CoreLogic says was a 7.4% jump in home prices in November from a year earlier.

Higher taxes and cuts in government spending, along with still-tepid job growth, will weigh on the market this year, says Steven Ricchiuto, chief economist for Mizuho Securities.

Interest rates, too, aren’t likely to go lower unless the economic recovery falters. The low rates have already sucked in home buyers who were waiting to buy, he says.

“You’ve probably already seen the best of the housing recovery,” Ricchiuto says. (http://www.usatoday.com/story/money/business/2013/01/22/home-sales-2013-outlook/1855849/)

Data shows the trends in sales for the past 5 years and this indicates the prices for each of the properties being sold.  You can see that prices vary every year. This is the best time to look at properties for investments or purchase beautiful homes since mostly are priced low.  As the sales increase the price will also move up so take advantage of this time of the year.

Gardenia Model Home: An Incredibly Beautiful Home!

January 21st, 2013

Lady Lake offers incredibly beautiful homes and great lifestyle. The views are absolutely astonishing! For this reason, Lady Lake has been one of the best retirement communities in Florida.

The town is situated in the heart of Florida and is only a few minutes away from The Villages. Lady Lake area continues to grow as many are enticed to its gorgeous lakes and quiet environment.The area offers natural beauty, the community offers a wide range of fun and active lifestyle. The Lakes of Lady Lake community is a superb Gated Golf Course which is close to shopping centers and upscale restaurants.

If you are looking for a quality, active and comfortable lifestyle combined with a serene surrounding then this place is for you.

Each home in this town comes with different and exquisite designs that will suit your taste. One in particular, is a single home located in 512 Canopy Lane. This Beautiful Golf Course Home is a Gardenia Model which is close to the Villages. It has 3 Bedrooms and 2 Baths, a great large kitchen built with granite tops. These are some of the fantastic features of the house:

  • Split Plan, Volume Ceilings, Large Eat In Kitchen With Granite Tops,Gas Range, All Appliances To Remain.
  • Master Features Sliders To Lanai,2 Walk In Closets,Dual Sinks With Granite Tops, Separate Tiled Shower.
  • 3rd Bedroom Also Has Murphy Bed To Convert From Office To Guest Suite.
  • Guest Bath With Granite Counter Top. Lanai Features Great Views Of Landscape And Golf Course.
  • Summer Kitchen Includes Grill, Refrigerator, Sink And TV.
  • 12 Foot Sliders Pocket Back To Wall For Open Flow. Indoor Laundry, Surround Sound And Home Warranty Included With This Wonderful Home.

Front View of the House

 Great Views Of Landscape And Golf Course

Bedroom Also Has Murphy Bed To Convert From Office To Guest Suite

Click Here to View more photos of the property

So, What are you waiting for? Start Living your dreams in the nice and gorgeous Golf Course Home!

Why Are Buyers Looking for Foreclosures in The Villages?

January 15th, 2013

Everyday I get requests for homes that are on the market in The Villages that are foreclosures.  We are currently in the beginning of our busiest market in the last three years and we have Buyers galore looking for homes and villas for sale and the first statement the Buyer states is I want a deal!  Let’s look at Foreclosures.

Welcome to The Villages!  The Friendliest town in Florida which offers an incredible lifestyle along with great weather for folks who are looking for a place to call home when they retire or just to have in their 50’s.  Golf courses with FREE golf, recreation centers, swimming pools,
Golf cart community and activities galore are what mature active adults are looking for to enjoy their life.  The Villages offers all of this for a small monthly fee.

Most people are cash buyers because the price tags are relatively inexpensive compared to markets they are coming from and they do not want a mortgage payment. Thus, they cannot be foreclosed.  They do not have a mortgage payment.

Of course, there are a few homes where there is a mortgage, and the neighbors who are investors realize the value of owning a home in The Villages, they are the first ones to jump on the distress sale.  In other words, it does not make it to a public foreclosure.

Yes, we do have a few foreclosures on the market.  If they are still on the market the day after being placed on the market, usually it is priced too high or needs plenty of fixing up.  Rarely do they last long.  We have a very active Buyer market, selling as many as 400 homes a month.

With this in mind, you are not the only one looking at this home and if you want to buy it, you must be an aggressive Buyer. I have made it a practice to teach Buyers looking for “the deal” to be successful in their distress purchase.  Practice patience and you to might get a great deal here in The Villages!

Written by Crystal McCall

Real Estate Resolutions For 2013

January 8th, 2013

Finally, Florida is experiencing a change in the real estate market. Those of us who have been around the real estate market in The Villages and Ocala Florida for the past thirty years can tell you we have been on a roller coaster ride.  We have been up and down and all around.  Now that the majority of the state has seen the bottom of the market, we can truly say we are finally on the climb up.  Market activity in The Villages has been consistent for the last three years. Of course, this market is influenced by what is happening in the entire country as our Buyers are from all over the United States and  many Buyers have run away from the frozen markets we have experienced for the last three years in our country to take advantage of the good buys.  Prices of properties declined slightly in The Villages but we can promise you that we are now seeing them move up, strongly influenced by the small amount of inventory available.

Markets around The Villages such as  Summerfield, Ocala and Belleview have been severly affected by the entire economy around us. These markets have been loaded with Foreclosures and Short Sales which obviously have brought property values down. Fortunately, that was yesterday and yesterday is gone.

For years, both buyers and sellers have been sitting on the fence.

Buyers have been waiting for the market to bottom out, so they can purchase at the best price. Sellers have been waiting for prices to improve, so they can sell at a better price.

With the housing recovery underway, 2013 is shaping up to be the perfect time to resolve those concerns.

Buyer or selling, here are some top-of-the list resolutions you should consider.

Resolutions for Buyers:

• Monitor your credit – Stop paying for a credit monitoring service and do-it-yourself. You get one free credit report from each of the big three credit reporting agencies – Experian, Equifax and TransUnion – as well as from any smaller credit reporting agency regulated by the Consumer Financial Protection Bureau.

If you begin in January getting a report from one agency, get the other two over the course of the year, ideally four months apart – January, May and September – effectively creating your own credit monitoring service – at no charge.

Your credit report is free, but you should also buy your credit score – a numerical rendition of your credit report.

Dayle Snyder with Snyder Group Luxury Real Estate in Las Vegas, NV, says look at your credit score from the lender’s perspective. The least expensive loans are available at a score of 670 and above.

If you have blotches on your credit report, take action to correct mistakes, rectify late and missing payments and pay down bills, all to improve your score. It takes time to improve your score and fix credit issues, so don’t procrastinate, especially if you plan to buy a home this year, says Snyder.

Landlords, employers, insurance companies and others also consider credit scores.

• Rent to own. Prices are rising and if you aren’t quite ready to buy, position yourself to buy by renting a home with an option to buy it.

Thomas Myers with Foreclosure.com says, “Think of it as home-ownership-in-training.”

In a rent-to-own deal, you pay rent, but a portion of your monthly payment goes into a down payment to buy the home.

If you don’t have pristine credit at the onset of the rent-to-own deal, you’ll have time to get you and your credit standing ready for a purchase.

With some lease options, you can lock in at today’s low prices for a purchase down the road, when price could be higher. You’ll build equity while you wait to buy.

Resolutions for Sellers:

• Purge – You’ve binged long enough on knick-knacks and this-and-thats says Tara-Nicole Nelson a broker with REThink Real Estate in San Francisco, CA. By the time you begin to remove the clutter you are likely to find small dead animals under all that junk.

If you haven’t used it in the past six months, chances are you never will. Get rid of stuff you don’t want buyers to see and stuff you don’t want to move to your new home. It’s probably too cold, wet or snowy to hold a garage sale right now, but you can donate items for a tax deduction.

“Tax break or not, getting all that stuff out of your attic, your closets, your shelves and your rooms will clear up loads of mental space and energy…and it might even surface a few things you can sell to boost your down payment or your home staging budget,” says Nelson, who offers other tips.

• Be a strong competitor – Snyder says your home is just another product on the market. Buyers compare its price, condition and location with competing properties.

Along with clearing the clutter, spruce up your home or go all the way with staging. Then, price it right to compete with like homes – nearby homes for sale and recently sold homes that are the same age, in the same condition and have a similar floor plan.

Refinance – Give your home more time to grow equity, says Janna Conroy, a Coldwell Banker broker in South Clackamas County, OR.

Many homeowners are taking advantage of record low interest rates to refinance to a lower rate or switch from an adjustable rate mortgage (ARM) to a fixed rate mortgage (FRM) even if the FRM gives them a slightly larger payment. An ARM, on the other hand, could rise well beyond today’s FRM rates.

Conroy also says a recent study reveals more homeowners are switching from a 30-year FRM to a 15-year FRM and bringing additional funds to closing to shorten their mortgage debt period and reduce their mortgage payment in the process.

• Remodel right – If you want to sell your home down the road and enjoy a home improvement now, keep the sale in focus by completing home improvements that come with the best return for your money.

Conroy says 80 percent is the ideal return on a remodeling investment. That is, if you spend $10,000 on your home, you want it to improve your home value by at least $8,000.

The improvements most likely to give you that kind of return include, kitchen improvements, new siding, a bathroom addition, and energy-saving window replacements.

Buyers and Sellers:

• Hire early – Don Seitz, a broker associate and attorney with Modern Property Groups in Columbia, MO says if you plan to buy or sell this year, hire your agent now and beat the recovering housing market’s spring rush.

Looking now for an agent gives you time to vet him or her and you’ll have an expert in your corner to help your build your sale or purchase plans. Agents don’t just sell homes.

They are also strategic advisers, well in advance of the transaction, says Seitz, who offers other resolutions to consider.

Brendon DeSimone at Zillow.com says hiring an agent early is particularly important for sellers who also plan to buy.

“One of the biggest stresses on a seller is trying to plan a purchase and a sale at the same time. Selling and buying at the same time brings up all kinds of financial, emotional and physical stress,” DeSimone advises.

Written by Broderick Perkins