Real Estate Investment

Venice Florida Real Estate Investment

October 26, 2011

To put it quite simply, this is truly a perfect time to buy property. For instance, property in Venice, Florida has been cut to the absolute lowest.

The resulting down turn in property sales has driven the prices down even more. They will balance themselves out to normal in the near future; making this a great opportunity and the selection in Venice is limitless.

This is the time to buy. The powerful market for buyers makes southwest Florida the perfect place. With many baby boomers coming up on retirement, many are discovering Florida’s great amenities like the beautiful climate, golf, fishing and the fabulous beaches.

As you enter the downtown Venice area, it feels like going back in time to an older America, when there was a thriving Main Street in the center of quiet, cozy neighborhoods. That is not accidental; Venice was built to create a traditional small town atmosphere, particularly for retirees.  Almost everything is within walking for biking distance, shopping, doctors, activities, and entertainment, whatever you want.  Retirees are drawn to Venice’s cozy design, which is a variety of housing that is nearby to services and shops, undeveloped beaches, friendly neighborhood parks, all easily and safely lined with sidewalks.

Right now, buyers are looking for condos that are maintenance free and properties that cater to their choice of lifestyle. They are looking everything needed to make the most of their leisure time to the fullest, like tennis courts, pools, gyms and workout facilities on the premises. Most buyers want it all, an easy to take care of home, maybe in a golf community, with pool and fitness thrown in.

A buyer must take into consideration that right now is the right time to buy, with interest rates at an all-time low. To be sure a few years from now you will hear someone think aloud “I wish I had bought my home when interest was down and property prices were low”.

You have many various housing types to choose from, maintenance free homes, townhouses, condos, villas, single family homes and mobile homes, all with a wide range of types to choose from. You can choose from a wide variety of locations, from a beach house or golf community to a short bike ride or walk to downtown Venice, with its cozy shops and dining.

One of the many things that are so incredible about Venice is the incredible lifestyle options you have to choose from. You can live the lifestyle of your choice with the many home and community options that are available to you. If you want to live in a tennis club, there are many condo options available to you. You may want to plan for your future in one of the amazing retirement communities, they provide services you might need in your future and daily activities to help you enjoy your retirement. Right now for the first time, there is almost any type of lifestyle choice available to fit any budget. With those options, together with pristine beaches and awesome sunny climate, what else could you dream of.

We all wish had taken advantage of that last great opportunity that got away. Well the smart people did, they ran with it. Don’t let it be you lamenting you could have or should have. So the bottom line is this, purchase property in Venice, Florida now, or regret it later.

This is a life changing opportunity and those things don’t last forever. Right now there are baby boomers that are retiring or just about to and will be deciding to spend their retirement in Florida and claiming all the better deals. When demand catches up with supply the really great deals will be gone. Give year round Florida living a try, I think you just might love it.

Invest in the Perfect Venice Foreclosure

October 26, 2011

Purchasing foreclosure property can be challenging when you are not really sure what you should consider when searching for residences held by the bank. Veteran foreclosure investors learn certain expertise from their experiences. Looking through an skilled investor’s eyes, we can see what they consider when searching for the perfect home in Venice, Florida for their money.

Location, Location, Location  

Foreclose properties are just like any other home sold commonly, the price range can vary according to location.  An investor determines precisely what area to invest in according to what their budget is. As a rule, the more the houses in the area are selling for, the greater the investor can cash in on the transaction.  Venice Florida offers a wide array of properties to be considered when looking for that investment bargain.

Venice, Florida is located right on the Gulf of Mexico in between Port Charlotte and Sarasota.  This scenic and charming area has a population of about 22,000 and has lots of thing to see and do.  The biggest attraction here is white sand beaches.  Abundant with palm trees, Venice beach is the shark tooth capital of the world.   People come to the beach with a small shovel and bucket for the fun of finding prehistoric shark’s teeth.  There is even a Shark Tooth Festival each year.  There is also a world class fishing pier, open 24 hours a day, that is noted for catching all varieties of fish.  It is a great place to enjoy your dinner at Sharkey’s on the Pier at a beach side table. Another popular area for boaters, fishermen, and sunbathers looking for a spectacular view, is the jetty, where the intracoastal waterway connects with the Gulf of Mexico.  This is also a great place for dolphin watching, they can be spotted every day, usually just prior sunset.  All that, along with great restaurants, shopping, theater and some of the most usual parks make Venice a great place for your investment.

Market Value  

Additionally, foreclosure investors check out the value of houses nearby. That data determines the cost of the possible house. Comprehending that enables them to be intelligent regarding the homes they might decide to invest in.  Which therefore might be a deciding point between a residence in one community and a different house blocks away.  Venice has communities of all sizes and price levels to choose from.

Work Recommended

By deciding how much the sale cost could be, the investor could determine if the necessary refurbishments are really worth committing to. A knowledgeable foreclosure investor is aware of the approximate spectrum of charges for specific improvements that may be required on a property. All the costs of the necessary maintenance to make a property ready for sale are calculated into the investment amount.

As we are all aware time is expensive. Getting familiar with the time frame needed to complete these improvements allows the investor to determine the length of time they will need to pay the expenses and mortgage payments for this property. When the project might be swiftly accomplished, there is significantly less expense maintaining the property. If the work will take a longer time to do, the investor must plan for any additional expenses.

Knowing how to approximate the improvements and time frame required to ready a residence for sale is acquired through technique, tolerance and time. Experienced investors possess the knowledge to know what to consider in selecting a foreclosure home. The important items are price, location and just what the completed property should look like. When picking out your residence, take your time and seek input from a person who is skilled. Acquiring precisely the perfect  foreclosure for your investment definitely makes the difference in your financial success.  So look no further than beautiful Venice Florida for that perfect investment.

 

Sarasota Florida Retirement Living

October 26, 2011

Imaging living in a community where there is always something fun and interesting going on at any given time.  Recently named as “The Best Place in America to Retire” Sarasota Florida is just such a place.  This is a place where retirees come to visit and check out the great recreational and cultural possibilities, as well as the simple lifestyle then return to claim their very own piece of paradise.

Maybe you have been thinking about what the most important things are to you and the life you will want when you retire.  Most people nearing retirement say that housing values and climate conditions are high on the list.  Retirement possibilities in Florida vary greatly depending on an individual’s finances and personal choices.  Local activities also are high on the list of desirable areas.  When asked, most people preparing to retire will say the conditions most important to them are some or all of the following:  good weather; availability to work (in case they wish to return to the workforce); amusement and cultural events; safety; convenience to private hospitals, clinics and doctors; easy access to year round outdoor recreation and parks; high quality restaurants; capability to get around the community easily and of course housing value and selection.

The Sarasota-Bradenton area is frequently designated as the area where most retirees want to life, because this area seems to have the best selection of what people desire.  This area is already substantially populated with seniors sixty five and older and that number is growing rapidly.  Almost twenty-seven percent of this area’s homeowners are 65 years young or greater.  In the housing market this is the fourth largest density in the nation, which is more than twice the national average of 12.9 percent.

This is really no mystery as to why today’s retirees prefer to live in Sarasota.  Recently Sarasota has come to be the cultural and arts capital of Florida, with a prospering arts district with free galleries, fine dining restaurants and cozy coffee shops, bookstores, high end shopping and unique boutiques; and antique shops, even an artist’s colony.

Living right in downtown Sarasota has become the center for living the good life.  Recently, numerous brand-new high rise luxury condominium buildings have been built and have been come highly sought after by property investors.  Some of them provide a standard of living that cannot be equaled.  There are spectacular views of the Bay and the city, along with amenities customized for the exclusive lifestyle.  High quality services like media and card rooms; room service; concierge service; private garages; health clubs with saunas and massage rooms; private cabanas with gas grills around the sparkling pool and much more.

For the Golf  Lovers, Sarasota, Florida and its surrounding areas are home to over 80 golf courses, which range from semi-private and public to exclusive private clubs.  A lot of these courses are within golf club communities that embody the elegant country club life.  Some golf communities contain everything from condos and single family homes to large luxury homes.   What every your golfing preference Sarasota has what you are looking for.

Along with the amazing variety of properties, there is a large selection of lifestyle choices for the sporting enthusiast, arts and cultural events; fine dining, dancing and clubs; and world class golfing communities, all of which make Sarasota, Florida a ideal choice for your retirement years.

Whatever your ideal dream retirement lifestyle, the choices are countless in Sarasota, Florida.

This is the time to buy Sarasota Real Estate

October 26, 2011

Sometimes it seems like there is never ending bad news for the housing market.   The latest figures show that home costs continued to fall, as well as the volume of home sales.   One major factor remains the amount of foreclosures and the large inventory of distressed properties that this will create when they are put on the market. Because of that, the suggestion that now being a good time to buy a home is not a very popular opinion.   However, with the bad news come some rather good reasons that this might indeed be a good time to buy. For instance, the price of  homes have decreased so much in many areas that it now makes buying a home a better idea financially, than renting.

Given what is going on, waiting might sound like a good idea, but while there might be a possibility that prices could be lower in the future, you should ask is how much lower and are there other important factors that are going to be as favorable a few months from now.

Here are some good arguments why anyone who is pondering the purchase of a home in Sarasota might want to act now rather than wait. For the first time buyer, they definitely have the benefit over current owners who have to sell their property prior to making a purchase.  If you are behind on your mortgage, trading up is probably not possible, however, there are numerous current property owners with enough equity.  For the first time buyer and owners with enough equity, these are just some of the reasons why this just might be the right time to buy.

Being a tenant is not such a good deal.   Because of the foreclosure increase and less renters deciding to buy, the demand for rental homes has gone up in the past few years.  Along with that, there has been less new construction since the economic crisis hit.  That in turn has been driving up the price of rentals, which are expected to increase an average of 5% within the next year.  Actually when the housing market is more stable, buying a home is a better value when you compare it to renting.  This will more than likely increase home ownership in the near future, as expected, the rental rates increase in many locations and the home prices don’t.

Chances are the decline in prices is probably done.  However, the important thing is what is coming now, not what has just passed.  To clarify, there is no indication that prices are going to soar in the near future.  The thing to take into consideration is that we are potentially at a turning point from Florida’s steeply dropping home prices to a long period of stabilization.

Being that mortgage rates are at an all-time low, it would be dangerous to assume that they will go lower or even stay the same.  The prediction for 2012 is 5.7%, over a full percent higher than they are today.  For example, if you decide to wait another year or two to wait for home prices to go  lower.  In that time frame, if the 30 year fixed rate increases to 5.7%, then home prices would need to go down nearly 12% to get the same mortgage costs each month, as you would now.  That is over two times the price decrease that is expected by most speculators.

Also, getting approved for a mortgage loan is more than likely going to get harder.  In the coming years, Washington is planning to shift more of the mortgage market into the private sector.  It is too early to know how soon and what exactly is going to happen but the bottom line is it means higher interest costs.

Currently there is less competition in the home buying market.  There might be a lot of lookers at open houses, but a slow sales pace makes it obvious that there are not many serious buyers making offers.  The result of that is that you are not likely to find yourself in a bidding war and it is far easier to negotiate with home owners eager to sell.   Common sense dictates that once there are clear signs of recovery, demand will increase and you could find yourself in a bigger bunch of buyers.  In this case it doesn’t hurt to be a little ahead of the curve.  So let the experts at Sarasota Realty help you negotiate through your home buying experience.

Now is the time to Invest

October 25, 2011

There are some really good arguments for the benefit of purchasing property NOW, instead of waiting for the possibility that prices might drop even lower.  Firstly, this is not a good time to be a renter.  With less renters deciding to buy and the amount of foreclosures flooding the market, demand for rental homes has gone up.  Along with the fact that there has been less new construction since the overall financial crisis, rental prices have been rising and are expected to increase an average of 5% more over the coming year.

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Secondly, chances are the decrease in home prices is probably over and there is no indication that prices will soar in the very near future.  It looks like there is a potential for a major stabilization in home prices.  Thirdly, with mortgage rates being at an all-time low, it would be dangerous to assume they will go lower or even stay the same.  It is predicted that in 2012 rates will increase up to a  full percent higher than they are now.