I have been saying for the last 12 months buying at these prices is a "no brainer" and for those of you who have been "thinking" for a few years now is the time. The fed has reduced interest rates and it is thought that they will fall further so a fixed 15 or 30 year mortgage is the way to go.
Also, we have news on the property taxes and insurance front. There is momentum for a big tax break on property as Florida is long overdue reform. Also, there are applications in from 30 insurance companies wanting to do business and we all know that competition lowers costs.
Because the market was slow in 2006 a number of builders in this area have decided to "retire"and their inventory has been sold. All this points to recovery in the short term so you need to be looking.
Also a note on foreclosure and short sales. There are not many decent foreclosure properties in this area --most are either old and run down or new and in the wrong areas. Short sales depend on Banks being willing to "write off" big chunks of debt, something that most do not want to do. Reality is a little different to all the hype you read in the media!!!
In addition, we are still getting 350 days of sunshine a year, whereas the UK gets 2 ( just joking) up North USA gets less than us thats why they call it "up north" so why suffer in the cold!!!
Give me a call or email and I'll start looking for you. We appreciate your business and look forward to welcoming you as a neighbor in our community.
Gordon Robinson Broker/CEO
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