All Blog Entries by The Atlantic Real Estate Team 
There are currently 25 blog entries published by The Atlantic Real Estate Team.
Owner Financing
Thursday, June 30th, 2011 at 5:37pm. 351 Views, 0 Comments.
Have you thought about purchasing a home that offers owner financing? Would you like to mortgage a home without paying all those ridiculous bank fees? Or maybe your credit is less than perfect but at least workable. Are you a 1099 employee that a bank won’t work with? Would you like to move into a house tomorrow rather than waiting 30-45 days or more for a bank to process a loan? Do you have around 20% to put down on a home? Owner financing can save you a ton of money and offers flexibility the banks cannot.
There are currently 83 homes listed in Volusia County that offer owner financing. There might be one or more that are just right for you! Contact us today to see what's available that fits your criteria.
Not only does the Atlantic Real Estate Team…
Home Sales Continue to Rise for Port Orange Area Homes
Monday, May 2nd, 2011 at 11:01am. 231 Views, 0 Comments.
Home sales for the month of March are on the rise compared to the previous three months in Port Orange, Daytona Beach, Ormond Beach and surrounding areas. There has been an 11% increase in sale prices across the county, with the median price jumping more than $10,000. According to Florida Realtors, 810 homes were sold in March, compared to the same month last year with only 768 homes sold. Condo sales are also seeing their fair share of positive stabilization. Last month, 193 sold, compared to 134 only the month before.
Often times, multiple offers are appearing on properties, allowing for homes to be sold above asking price. At first the boost in homes sales was aided partly due to the First Time Home Buyer Federal Tax Credit opportunities but that has…
Looking to Buy in Florida?
Wednesday, April 6th, 2011 at 2:16pm. 354 Views, 0 Comments.
Looking to Buy in Florida?
Homes sales are up 13% and condo sales are up 29% for the month of February compared to last year. According to Altos Research, the average home price for Port Orange is $198,000, Daytona Beach $110,000 and Ormond Beach $208,000.
With the current market conditions and low interest rates, now is the time to consider a purchase in Florida. A knowledgeable Realtor understands these trends and applies them to your individual needs. Allow our team of experts to help you find your next home.
Contact Marin Scott or Tara Kling today!
Buying a second home?
Monday, November 1st, 2010 at 10:24am. 375 Views, 0 Comments.
So you are thinking of buying a second home? There is really no better
place to consider purchasing a vacation home than in the Daytona Beach
area and the best time to do it is now. Many people decide to purchase a
second home to use as an investment opportunity or as a rental property
to earn extra income. Consider all the possibilites of your new second
home or condo. It can be used as the beach get-a-way you have always
promised yourself or as your personal Bike Week head quarter's for
Jell-O wrestling. It can be a place to take the kid's for the ever
needed family vacation or it could be the place to hide from the kid's
for the ever needed second (or third) honeymoon. It could be a small
beach bungalow, a cozy Condo over looking…
Is It Really Necessary To Utilize A Realtor?
Tuesday, August 31st, 2010 at 6:50pm. 267 Views, 0 Comments.
Of course we are going to answer that question with a yes but also want to detail, based on a number of our professional experiences, exactly why it could be quite costly to you not to employ the right Realtor. The main reason people consider not using a Realtor has to do with the commission fees. While doing the work yourself can save you that cost, buying or selling a home is a major financial and emotional undertaking that involves many intricacies with a number of potential situations you may not have thought of outlined below that can result in a different kind of cost.
Immense Access / Considerable Convenience
Our full-time job is to act as a liaison between buyers and sellers. We have immediate access to all other properties listed by agents…
Mortgage Rates Hit Another All Time Low
Friday, July 30th, 2010 at 3:38pm. 234 Views, 0 Comments.
Mortgage rates are the most affordable they have been in decades.
The national average for a 30-year fixed loan is currently at 4.54%. This latest rate is the lowest for a 30-year fixed loan since Freddie Mac began tracking rates in 1971. It also marks the 5th time in 6 weeks that mortgage companies reported hitting a new average low.
Keep in mind, it is possible to get an even lower rate when a borrower contributes more than 20% toward the down payment or has impeccable credit (sometimes over 720 but preferably over 800). Many times, the best rates available are offered by community banks or credit unions. The reason this is possible is due to the fact that they keep mortgages on their books instead of selling them to investors. Other times, bigger…
Preparing to Successfully Buy A Home
Thursday, June 10th, 2010 at 4:48pm. 208 Views, 0 Comments.
Many times buyers begin looking at homes prior to knowing what they qualify for, what the mortgage payment would be for the home they are interested in, or liquidating the cash necessary for down payment or full payment. A lack of this type of ground work can result in challenges with the home buying process. Financial preparation is essential to being a powerful and successful home buyer.
Preparation is vital even if you will be buying with cash.
Did you know that in order to make a cash offer on a distressed property, the bank will require that a proof of funds letter accompany the offer? A proof of funds letter must generally be on bank letterhead, dated within the past 30 days, state how much money is available to purchase a home, and be signed by a…
Rent or Buy?
Sunday, May 30th, 2010 at 10:01am. 228 Views, 0 Comments.
We have had several recent inquiries from potential homebuyers asking us if this is a good time to buy a home. Or should they just continue to rent until opportunities to buy will be better?
Below are some of the many benefits of owning versus renting:
Home & Condo Sales Results - 1st Quarter 2010
Wednesday, May 12th, 2010 at 2:57pm. 168 Views, 0 Comments.
The Florida Realtors® state association has just released 2010 1st quarter home and condo sales statistics and we wanted to share the news with you.
Sales of existing single-family homes in Florida rose 24% in the first quarter of 2010 compared to the same period a year earlier. A total of 38,846 existing homes sold statewide in Q1 2010. It marks the 7th consecutive quarter that Florida has seen higher existing year-to-year home sales. The statewide existing-home median sales price decreased 5% in Q1 2010 compared to a year earlier. Distressed property sales continue to downwardly distort the median price because they generally sell at a discount relative to traditional homes due to physical condition of home.
Statewide…
How Sellers Price Their Homes
Monday, April 19th, 2010 at 2:53pm. 150 Views, 0 Comments.
We're often asked by our clients, "How much under the listing price should we offer?" This is an excellent question. The answer is complex.
The main reason we emphasize the education phase of looking at homes is because that is the best way for you to know value. When you review and study 40-60 (or more) listings, then drive by 10-20 and look at 5-10, you will recognize the "Hot Listings". You'll also recognize the "Dogs".
Sellers price their homes differently for 4 basic reasons:
1. Ridiculously Overpriced
These sellers have not done their homework to know what the current market is. Sometimes sellers can't list lower due to what they owe on the home. Or, they have listened to a real estate agent…
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Owner Financing
Have you thought about purchasing a home that offers owner financing? Would you like to mortgage a home without payin... Read MoreHome Sales Continue to Rise for Port Orange Area Homes
Home sales for the month of March are on the rise compared to the previous three months in Port Orange, Daytona Beach... Read MoreLooking to Buy in Florida?
Looking to Buy in Florida? Homes sales are up 13% and condo sales are up 29% for the month of February compared to l... Read More