A CDD is a way for a developer to create a new community and pass on the costs of infrastructure, roads, sewers, utility systems to the home buyers. It guarantees to the homebuyers that the infrastructure will be consistently maintained as well as being installed to the highest standard levels throughout the whole community. Generally… [Read More]
Archives for March 2018
Rising Interest Rates – How they affect Buyers
Mortgage interest rates are expected to go up this year. In fact they could go up at least three times if the Federal Reserve raise its short term interest rates. Anytime the mortgage interest rates go up, a group of buyers can no longer afford the home they want. They may be forced to purchase… [Read More]
January 2018 Real Estate Market Report
Home Sales in Collier County rose 11% in January to 671 homes sold from 603 homes sold in January 2017. Luxury homes, priced over $1million, had a 123% increase over the number closed in January 2017. One explanation could be that people were waiting to figure out the meaning behind the new tax laws, and… [Read More]
Beyond the Inspection, what to consider when purchasing a vacation home in Florida
When purchasing a home anywhere it’s important to do an inspection. You need to make sure of the basics; that the home is solidly built, no leaks are occurring or if they have occurred they need to have been remediated by the seller and that the electric systems are working in the home. Upon reading… [Read More]