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Tuesday, March 01, 2011

Beautiful Mexico Beach

I know we are going to have another cold snap but MAN O MAN has it been gorgeous!!!!   People swimming, February!    This is why I moved to Florida!!


Don't forget the Tyndall Air Show this month.  March 26th!


Busy Busy Busy is all I can say about the real estate market!     Obviously prices/values are now at the price point where people are just saying  "they have to buy now!"    They don't want to wait any longer!!    The problem now is.............the inventory is so low, there's not a lot to choose from!!!     

Below is a 3 bedroom/ 2 bath home just reduced to $94,000.  Its a foreclosure.  Large lot!   This house needs a lot of work!   It's basically a blank slate!     If you are a handyman and like projects..............I think this is a great deal for someone who wants a house at the beach and doesn't mind about a mile walk or a 3 minute drive or a 5 minute golf cart ride!!!!!

Let me know if interested!!!!

The last few sales I've had were buyers buying a 2nd home.  However, they are weighing their options of actually make Florida their primary home!      Florida doesn't have a state income tax is one reason.
Homestead Property Tax exemption is another!     $50,000 is automatically deducted from the assessed value of a primary home and they can't raise it more than 3.5% a year!!   This is definitely a financial benefit to living in Florida. 

To claim homestead you have to have Florida driver's license, a mailing address, you can't rent out your home and you have to spend 6 months and 1 day in the house (doesn't have to be consecutively though).

Call me if you want more information!!!!!!

Have a great week!!!!
Don't hesitate to call/ email/text me anytime!!!!

sundance realty

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