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Jim Whatley

What do fishing and house hunting have in common?

03-03-10
Jim Whatley

The New Navarre Fishing Pier is Nearing Completion

The nice thing about my office being on the beach is I can take a break and see what is going on. Today I took my camera and took a picture of The new pier.

It's Tuesday and I have already had a busy week I worked with really nice family we found them a bank owned house which was price almost 33% less than the comperable homes. The only thing that was missing was the appliances. It has Granite counter tops security system, huge rooms, fireplace downstairs master suite. I also leased a commercial building and trying to find a short term rental for a new customer.

It took us 3 months to find this Home. We had just made an offer on a short sale and the owner turned us down not even the bank. I had done a CMA and our offer was in line with the previous sale but the owner thought it was worth more than we offered. This family will most likely have built in equity a rarity in today's market. This house was price so low you could not afford to build it for what they where asking.

Some say it is a bad Real Estate market. I say it is nether good nor bad it is what it is. This buyer was smarter he made calculation of what he could afford and we look at properties in his price range and made offers, got turned down but did not get upset. He was like the the barber with a long line on Saturday mornings. "Next"

The Fishing Pier will be open in two months. Fishing has some similarities to home shopping it take preparation, timing, skill and opportunities. If you caught fish every time you went, they would call it catching not fishing.

links to properties near fishing pier

Navarre median sales prices


When a good deal isn't

02-23-10
Jim Whatley


When a good deal isn't

Just because a house is less expensive than it was last year does not mean it is a good deal. Run the number will you be house poor. How long do you think you will live there? Do you know the hidden cost of owning a home? Really do your homework before you start shopping for a home. FInd a broker or agent that has a long range view not just that is a lower price than last year.


Regards,
Jim Whatley
www.UberRealty.com
850.499.2940

Are You Waiting For Lightning To Strike?

02-22-10
Jim Whatley

Are You Waiting For Lightning To Strike?
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If your home is over priced You are. Your are wondering what is he talking about? If you have over priced your home there a small chance that someone could come along and pay you what you are asking. They will have to pay all cash or the difference to make the loan to value at least 80 to 90%. Houses do get struck by lighting so keep hope alive. I have some lottery tickets that I only used once.

Check out this house it has a $15K lightning rod protection system.

http://www.uberrealty.com/PropertyDetail.aspx?mls=523682&feed=flidx&propIndex=0

It seemed like a good idea at the Time.

02-18-10
Jim Whatley

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It seemed like a good idea at the Time.

This house is over by my Mothers house and she had to see it so one day my wife, mom and dad went to check it out. The guy who built this house was building his dream house. He put everything he could dream of in this house but went broke along the way. The reason this house will not sell is that he built it on a swamp. It is listing like a boat. I took out my Ipod Touch with the level app. It is off by 7% that might not sound like much but when it is a house it's like walking up hill, down hill or on the side of a hill the whole time. It cost over a million to build this thing and now it is in the MLS for less than 500k. Attached is a estimate to right the house 375k. I always say there is a buyer for every house. This could be the exception to prove the rule. I have a link to some pictures check it out. If you want to see it let me know I would like to look at it again.


http://uberrealty.com/SearchResultsGM.aspx?freetext=24+meigs&brokerFeed=FLIDX

The Great Wall of China is real Chinese takeout.

02-12-10
Jim Whatley

Guess what the new trend in new homes will be from the east. It will impact a lot of the newer homes and one that will most likely be in a short sale. It is great Chinese dry wall. In some cases the whole house dry wall will need to be replaced. So what else does that mean? Law suits and complicated sales a new disclosure form and a new label for homes

How about “Chinese takeout.” does that come with soup and a eggroll. I know for sure it will cause heartburn.


the listing which started this blog


Here are the homes being sold in the neighborhood