This Weeks HOT Foreclosure List!!
IMPORTANT INFORMATION!!
First Time Home Buyers!!
$8,000 Tax Credit to First Time Home Buyers, AND buyers who have not owned a home in the last 3 years! This program is in effect by the government only for 2009. We can help you find your home to receive your $8,000 tax credit!
When you look at todays financial markets, and listen to the news you may think that you wouldn't be able to get a mortgage. The truth is that Yes, mortgage lenders have tightened up their underwriting guidlines but your average person can still qualify for a good loan with little to no money down!
You may wonder how this is possible. Well, two "oldies but goodies" have come back into the financing ballgame. FHA and VA Loans. Although VA (our 100% loan option)has certain requirements in terms of military service, FHA is open for anyone buying their primary residence. FHA requires only a minimal 3.5% down payment. On your average $150,000 home, that is just $5,250 down payment. That is very little to get into a house for and if most folks start planning now, they could realize the dream of home ownership within the next 6 months.
Lets look at some of our options when it comes to renting vs. owning with a FHA 30 year fixed loan.
The average rent for a home/apartment in a good school district, approx. 1700 sqft with 3 bedrooms and 2 baths in our Jacksonville market will cost you anywhere from $1300-$1600. To buy the same 3/2 at todays prices would cost you about $145,000 to $150,000.
With a 5.5 percent mortgage rate on a 30 year fixed rage loan, you are looking at paying roughly $1,350/month with principal, interest, taxes and insurance. Thats spot on with rent, sometimes even cheaper. Factor in your tax write offs and quality of life upgrade and its almost a no brainer!
Everyones situation is different, but there is definatly money out there to borrow. If you dream of owning a home now may be the best time in the next two decades. Interest rates are very low, and prices are back to what they were in the mid 90's.
State Farm announced today (Jan. 27, 2009) that it will no longer be providing insurance for over nearly a million Florida Homeowners. For those of you who remember or heard about it, State Farm waged a fierce battle in 2008 to increase their rates approximatly 47%. On January 12, 2009 Florida regulatored denied State Farms request.
Although State Farm will be discountinuing their homeowners insurance, they will continue with their other divisions in Florida, including auto, which has about 2.8 Million customers.
There will not be any immediate change to policy's. So if you have insurance through State Farm you can start breathing again. The Office of Insurance Regulation has 90 days to approve State Farms plam. If approved, State Farm must then provide 180 days notice to customers before any policies can be non-renewed.
The Landry Team - Orange Park Real Estate Specialists
Its safe to say that if your looking to buy a home in North East Florida you've noticed the abundance of inventory available. Not only are there resale homes and new construction; there are now short sales (pre-foreclosures) and foreclosures. So if your the type of buyer who wants a bargain and doesn't mind rolling up your sleeves and putting in a little sweat equity a foreclosure can be a great way to go.
Foreclosures come and go off of the market rapidly. Sign up today for your free daily notification of new Foreclosure listings!
Be sure to put "Foreclosure" in comments section
The Landry Team - Orange Park Real Estate Specialists
The Landry Team was started in 2006 by lead agent Liz Landry. Since then The Landry Team has become one of the top selling teams in the Orange Park/West Jacksonville area. We use unique marketing tactics with market expertise to make our customers experience as smooth as possible.
Meet The Team
Liz Landry - Team Lead - is the Listing specialist of The Landry Team. Liz is highly trained in how to market homes to sell, not sit. With unique strategies and a proven track record Liz is here to make sure we accomplish your goals with selling your home. As a current resident of the Argyle Forest area Liz experiences the market in which you live every day.
Eric Landry - Lead Buyers Agent - Eric is the Landry Teams buyers agent. Eric will make sure that your home buying experience is as smooth as possible from start to finish. Everything from getting daily listing notifications, detailed information on communities, financing information to a hassle free closing.
Melissa Tolson - Buyers Agent - Melissa is the Landry Team's newest member! Her experience as a local resident of the Oakleaf/Argyle area, a military wife, and a property investor has prepared her to assist our customers in every stage of buying a home. Melissa knows what goes into a successful move, and makes sure that you understand and enjoy your home buying process.
Lorraine Araujo - Administrative Assistant - Lorraine is a consistant point of contact for all of our customers. As a team member, Lorraine communicates all new pertinat information to buyers and sellers and see's that all marketing on your property is current and relative. With Lorraine on the team, your property never misses a beat.
The Landry Team-Real Estate Experts in West Jacksonville and Clay County, specializing in Oakleaf Plantation/Argyle Forest.
Orange Park is quickly becoming one of the best places in Greater Jacksonville to live. With Oakleaf Plantation and Argyle Forest at the root of it.
Argyle Forest Blvd serves as a border point between Jacksonville/Duval County and Orange Park/Clay County. Argyle Forest has long been known as one of the best places to find nice, affordable housing, with ease to freeway access. With the widening of Argyle Forest Blvd in Mid 2005-the areas desirability grew even more.
At the end of Argyle Forest Blvd sits Oakleaf Plantation. Clay Counties Crowned Jewel. Oakleaf Plantation is located on over 6,400 acres in North Clay County, bordering Duval County. Oakleaf Plantation is not only going to be home to 11,000 homes, but it has two multi-million dollar athletic centers, will feature 5 schools, Eagles Landinding Golf Course and borders the 20,000 acre Jennings State Park.
Oakleaf Plantation is also currently developing Oakleaf Town Center. OakLeaf Town Center will be an open-air shopping center designed to enhance the lifestyle of OakLeaf Plantation residents and the surrounding areas. OakLeaf Town Center will be a shopping and gathering destination offering 860,000 square feet of retailers, must-have services and an array of 
restaurants and eateries. Lush landscaping and wide comfortable side walks will make the town center a pleasant place to shop and dine and from the main street to regional and community shopping, there will be something to compliment all lifestyles and ages. Target at Oakleaf Town Center is Now Open.
Argyle Forest-Homes Ranging from $140k-$300K
Oakleaf Plantation-Homes Ranging from $150k-Over $1Million
There are many things I can say about the high quality of service I provide to my home seller and home buyer customers, but probably none would be as credible as testimonials from some of my recent customers themselves. I have put several below.
So please take a moment to read the following testimonials. I hope they indicate my experience and integrity, as well as make it clear how much I enjoy helping people with their real estate needs
"Liz - Thank you so much for helping us in the new home build process. What an experience! Without your help, the whole process would have been difficult and very stressful. You got us results and resolved any issues we had - and, you got us to closing on time!!! You went above and beyond our expectations. Thank you!!!"
Amanda and Matt, Orange Park
"You've been such a help throughout this process, we couldn't have done it without you."
Caja and Alan, Jacksonville
"There is no one that I would rather work with for Real Estate. When I sell this house, you'll be my first, and only call!"
Emily, Orange Park
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