Ever said "I want to time it just right!" and been so caught up in trying to figure out when the right time is, you miss the boat? Are you waiting on the perfect time to buy a home, in case the prices might drop just a little more before you purchase that dream home? At the moment if you keep waiting for prices to fall even lower, you could miss two major bonanzas that can impact the cost of your home: low interest rates and the new Home Buyer's Credit.
Interest rates are still at record lows all across the country and right here in Key West. While many people are keeping their eyes glued to home prices, they may have forgotten the impact the interest rate has over the life of the mortgage. As recent New York Times article pointed out, "If prices came down another 10%, but interest rates went up by 1 percentage point that would mean the same monthly payment as today versus waiting." While waiting on a price drop that may not come, you may miss out on the low rates that are NOT going to last forever.
Another limited time incentive is the Home Buyer Tax Credit. The first time homebuyer credit has been extended and expanded as most people already know. It now includes repeat homebuyers as well and some of the income guidelines have increased. Here is the basic information on the credit:
Eligibility
Though the credit cannot be used to buy a vacation home, you can buy a new primary residence and change a current home to vacation or rental property home status.
Income Guidelines
This broader income range should enable buyers whom might ordinarily buy more expensive homes to get in on the action and receive a great deal on a home.
Amount of Credit
Expiration Date
This allows you to use the credit right up to April deadline and have time to close, including some breathing room.
Real Estate remains a good long term investment, which is why many savvy buyers are taking advantage of all the incentives to buy now. Depending on how you use the tax credit you can make a significant impact on the bottom line of your mortgage. Almost any type of home qualifies for the credit as long as it is considered a principal residence. Good news for buyers in Key West, even houseboats qualify under this program.
Key West is a great place to live! If you have questions about the Key West real estate market, Margarita Villoch and her team are the local experts on what Florida island living has to offer. Whether you are seeking a second home that you visit occasionally or a year round permanent residence, contact Margarita and start packing!
The Florida Keys are made up of about 1700 islands. At its southernmost tip, Key West is only about 94 miles away from Cuba. There are many things that are unique about the Florida Keys, but one of the most spectacular is the living coral reef. The Florida Reef is the ONLY living coral reef in the continental United States. There are two great ways to enjoy the reef: snorkeling and glass bottom boats!
If you want to stay dry, then there is no better way to enjoy the wonders of the ocean than taking a tour in a glass bottom boat! These boats can give you a unique view of Key West! The first glass bottom boat was built in 1878 by Hullum Jones right here in Florida! After that glass bottom boats quickly caught on as a way to enjoy the beauty of the sea without ever getting wet! You can watch from above as hundreds of species of fish glide along the only living coral barrier reef in North America!
See the best view in Key West from a glass bottom boat
One of the most spectacular glass bottom boat tours is Fury Water Adventure'sThe Pride of Key West sunset tour! The Pride of Key West is a 65 foot aluminum catamaran. Its unique design offers one of the most comfortable rides and helps protect our fragile coral eco-system. They sail daily at 12noon and 2pm, but the sunset cruise is the most popular! They even offer guests an educational eco-tour that is one of a kind! On the sunset tour you can enjoy the splendor of a Key West sunset while enjoying a complimentary champagne or soft drink. Does it really get any better than that?
The only way it could get better is if you lived here! If you are ready for a different way of life, call Margarita Villoch and start packing.! If you want to know more about island living in the USA, or if you are ready to find a dream home of your own, her team will be glad to help! So come on down to Key West, the water is just fine!!!
Calling all Villains, Vixens and Vampires! The time is upon us for Fantasy Fest 2009 in Key West! If you are cold, then come to Key West where things are really going to be heating up October 23 - November 1. With great food and a wild time, it is not a street festival for the faint of heart!
You can start out Friday as early as noon at Goombay in Bahamas Village! The party goes from noon to midnight and starts again on Saturday. You can hear everything from a Gospel Choir to Old School Rock-n- Roll, just check out their schedule of events for October 23 and 24th. Don't forget to head over to the Royal Coronation Ball at La Te Da (1125 Duvall St.) to see who this years King and Queen of Fantasy Fest will be!
Speaking of costumes, the Pretenders in Paradise Ultimate Costume Competition has announced their theme for 2009; "It's Not Easy Being Green!" Prizes range from $500 to $2,000! They will be looking for those "lovers, dreamers and you" to jump on the rainbow connection with the most eco-friendly costume! This Biodegradable battle royale of the costume world will take place at the Pier House Resort & Caribbean Spa. You can call 305-296-1817 for more information or download your application. The deadline on the application is October 27th!
Costumed revelers will lead a Masquerade March through the Old Town section of Key West on October 30. The next day, floats and groups of costumed people will dominate Duval Street, as the annual Captain Morgan Fantasy Fest Parade takes place. On lookers can enjoy the parades and peruse the food stands and arts and crafts booths along the way.
Halloween falls within Fantasy Fest Week, so a little spooky, scary fun merges the two events. You can start out at Happy Hour on the The USS Mohawk or you can check out the Haunting of Fort Taylor! On Saturday, October 24, you can enjoy the Vampire's Ball at the Fort. Music, dancing, food and drinks are on the menu, plus a costume contest with awesome prizes!
With diverse attractions and events, you may be surprised at the fun you can find at Fantasy Fest 2009. There are even some adult themed events for the more daring and adventurous souls! With beautiful weather and tropical breezes, come out and enjoy yourself!
Key West is a great place to live! Margarita Villoch and her team are the local experts on what Florida island living has to offer. Whether you are seeking a second home that you visit occasionally or a year round permanent residence, contact Margarita and start packing!
Greetings!
Using data from our local multiple listing service, I've prepared a table of the most current information regarding the real estate market in Key West and in the Lower Keys. Key West March 2009 - Current Residential Market and Trends Click Here Lower Florida Keys March 2009 - Current Residential Market and Trends Click Here
Spread the word... it's time to buy real estate, it will appreciate again.
If you or anyone you know is interested in selling or purchasing real estate, contact me, I can help!
PS: Remember to refer us to your family, friends, and co-workers! Margarita Villoch, Realtor, e-PRO
Call Margarita and Start Packing!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Call Margarita and Start Packing!
margarita@isellkw.com ~ http://isellkw.com
Cell: 305-304-8505 ~ Office: 305-295-7110
Fax: 305-295-7774 ~ Toll Free: 800-225-4277
Broker, Island Group Realty
2409 N. Roosevelt Blvd. Suite 10
Key West, FL 33040 Ask Margarita, call or e-mail real estate related questions or requests. Selling Key West and the Lower Florida Keys
Greetings!
Using data from our local multiple listing service, I've prepared a table of the most current information regarding the real estate market in Key West and in the Lower Keys. Key West December 2008 - Current Residential Market and Trends Click Here Lower Florida Keys December 2008 - Current Residential Market and Trends Click Here
Spread the word... it's time to buy real estate, it will appreciate again.
If you or anyone you know is interested in selling or purchasing real estate, contact me, I can help!
To subscribe, Click Here!
Margarita Villoch, Realtor, e-PRO
Call Margarita and Start Packing!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Call Margarita and Start Packing!
margarita@isellkw.com ~ http://isellkw.com
Cell: 305-304-8505 ~ Office: 305-295-7110
Fax: 305-295-7774 ~ Toll Free: 800-225-4277
Broker, Island Group Realty
2409 N. Roosevelt Blvd. Suite 10
Key West, FL 33040
Reports created by Carolyn Nelson, OnlineREPA, www.OnlineREPA.com
When it's time to start living your Key West or Florida Keys real estate dreams, talk with someone who knows and understands the market and the lifestyle.
Margarita Means Satisfaction. With Salt or Without Salt.
For some, there's nothing quite like living on the water.
Spectacular sunrises over the Ocean, glorious sunsets over the Gulf. Others like Key West Island living, where there's history in every home--from Bahamian Cottage to Conch House to Victorian Mansion. And some think living on a golf course out to sea sounds about par and want their home a chip shot from the tee.
Since the early 1980's Margarita has gained solid experience marketing all these unique Residential and Commercial Properties in Key West and the Lower Florida Keys. She's also completely fluent in English and Spanish, for the many buyers and sellers who speak English as an "outside-the-home language."
A marine researcher in her pre-Realtor life, Margarita now lives the idyllic existence that many of her client's aspire toward. Mornings that begins next to the sea with refreshing ocean breezes, gently swaying palms, exotic tropical plants and unique wildlife. Workdays in a vibrant, historic city amid a wide array of creative and interesting individuals. Relaxing in the "best back yard ever", the crystal waters of the Atlantic Ocean, the Gulf of Mexico and the islands of the "backcountry". Evenings beginning with a salute to that famous Key West sunset, then world class dining in one of the island's many fine restaurants. Not bad for an average Tuesday, of course weekends are even better.
When it's time to start living your Key West or Florida Keys real estate dreams, talk with someone who knows and understands the market and the lifestyle. Margarita offers nearly two decades of successful Residential and Commercial Real Estate Experience in the unique environment of the Florida Keys. Whether you're interested in purchasing or selling, contact Margarita for guaranteed satisfaction in your real estate transaction.
Subscribe to Our Monthly Market & Trends Report
"You went well beyond the call of duty and I can assure you that all of our future real estate dealing- both personal and professional - will be with you." William Webster
"I can't tell you how excited Todd is. He is like a little kid at Christmas. You did an AWESOME job and I look forward to seeing you soon." MJ and Todd Webster
"We're completely satisfied with the real estate services provided by Margarita. She's conscientious and reliable, extremely nice to work with, and made the entire experience a very pleasant one. We recommend her without reservation." Ruth & Harry Montague
Margarita Villoch personifies terms like client focus, added value and attention to detail. We came down to Key West two years ago with two days available to look for a house. We gave her a price range and space requirements and then spent the next day and a half viewing 18 different properties. They all fit the specifications and the logistics were flawless. We found exactly what we wanted and signed an offer at the airport as we were leaving. We unhesitatingly recommend her. Mimi and Bruce Plowman
"Thank you so much for taking care of the sale of the property and you made it so easy. I didn't think it would be that easy, I really appreciate it." Elsie Svozil, Seller
I honestly feel between you and Margarita...not only are you guys great top notch sales people......but I actually feel you guys care for your clients. You care for us to be happy in deals AND TO SUCCEED...you're not just after the buck...guess that's why Margarita has been successfully for so many years....and now you.......with you on my team and a straight shooter...John and I want to take Key West by storm......Mayor Chantry in my future???????????
"Margarita's integrity, and hard work, made the selling of my home, a positive, stress-free experience. She works magic." Kathleen Reasoner
"Margarita is a thorough professional - organized and thorough. My buying and selling experiences with her were problem free. Plus, she's fun to be around...." Love, Hawk
Hello Margarita, this is MJ Webster up in Indiana. I just wanted to say thank you. I can't tell you how much and how excited Todd is. He is like a little kid at Christmas. Especially since we came home, it just hit him that we're actually going to be living in Key West, he so thrilled and I just can't thank you enough. You did an AWSOME job and I look forward to seeing you soon. MJ Webster
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
