With miles of pristine white sand beaches and an ideal climate that can’t be beat, Daytona Beach is one of Central Florida’s best communities to call home. Residents here enjoy a singularly active lifestyle, both on the water and on the shore. The golf courses are plentiful and challenging, the waves are always ready for people to hang ten and the nightlife scene is colorful and vibrant. Without a doubt, Daytona is a great place for recreation.
It is also a remarkable place to live. Families, retirees and singles all call Daytona home. Most of the daytona beach real estate listings have quiet streets and are the perfect places for raising a family. Daytona’s public schools are widely recognized for the quality education they provide. Here, parents can rest assured, knowing that their children are under the care of teachers who are dedicated to nurturing and educating their students. The city also boasts college level educational institutions, rounding out a complete educational package.
The area is dotted with championship style golf courses, the ideal places to perfect a game. With temperatures that average 81 degrees in the summer and 61 degrees in the winter, it’s always time to enjoy the great outdoors in Daytona. When the weather heats up, most people head for the beach. Some people drive along the sand or just lie back and enjoy the view. Others take out a boat to cruise the deep Atlantic. Residents with a taste for adventure choose to surf. Daytona is one of the best places to enjoy this sport on the Central Florida coast.
In Daytona, the residents value the arts as well as recreation. Local theater and dance groups mingle with national touring companies to keep the art scene alive and well throughout the year. Various community groups allow residents to get involved and be a part of their neighborhood or the larger city. Daytona is also host to many well known annual events like the Daytona 500. With so much happening, it’s no surprise that residents love calling Daytona home.
The city is conveniently located near I95 and I4. Desirable destinations like Disney World, the Kennedy Space Center and St. Augustine are all within an easy drive of about an hour. This makes Daytona an exceptional city for commuting. Whether working in Daytona or one of the nearby cities, residents enjoy an easy commute that presents few hassles and little stress.
Daytona Beach truly has it all. Quality schools, gorgeous natural beauty and plenty of outdoor recreational opportunities makes this beach community one of the best places to call home in Central Florida. Come experience Daytona, where fun lives!
Guest post by Janis owner of a port orange real estate company
Investors looking for a place to grow their money might look to real estate. Real estate, regardless of overall economic conditions has historically proven to be the most reliable investment when compared to stocks, especially the volatile commodities market. But Before We Start I have to thank Mr. Jervis for contributing to this post, Mr Jervis is the Owner of a Real Estate Company in Destin Florida.
There are two principle strategies for real estate investment: buying homes to rent out or buying homes to flip. Flipping is the investment practice of purchasing a real estate property, making necessary updates/changes and then selling it for a profit.
- Flipping Cons
There are risks involved with every investment. Read any prospectus and there will be fine print at the bottom or the end of the brochure stating so. Flipping houses, though possibly lucrative, can be a bad investment.
- Tied-Up Cash
The biggest downside to flipping homes is having investment capital “frozen” in the investment of real estate. Unlike stocks, an investor cannot simply pull-out at-will. Divesting can be partially accomplished through renting the property or entirely by selling.
- Tax Consequences
There are tax consequences to selling a home that is not a primary residence. Capital gains taxes, other federal taxes and state taxes could apply to such an investment. Prior to purchasing a house to flip, an investor should seek the advice of a professional tax adviser.
- Flipping Pros
Flipping real estate is not without its rewards. If it were a strictly losing proposition, no investor would even consider using this strategy to turn a potential profit.
- Large Gains
The common conception about flipping real estate is purchasing a foreclosure, rehabilitating it, then selling it for more invested. But several real estate investors actually never put another dime into the home other than the purchase price. These investors typically buy new homes from speculative builders whom are overextended for a considerable discount and sell it for market value just a few months later.
- Being the Boss
Investors that master the process of flipping homes can become financially independent. Homes bought for 20 to 25 percent or more under market value will make a great return on investment–even if the dwelling needs repairs.
- Income Stream
Investors that purchase a property to flip only to find the return is significantly smaller or nonexistent can simply hold the property and rent it. In most cases, the rent will either cover the mortgage or create a positive monthly cash flow. When enough equity accumulates, the home can be sold for a profit.
“House for Sale”. This signpost might send a strong signal to most people in the
neighborhood. Whatever the reason is, selling a home is a tough decision to make and a
hard job to do. House owners are faced with the challenges to sell the property fast and
effectively and at the same time to gain the highest price as possible. All these should not
be left to mere luck but it needs careful planning to prepare the house in its optimum
shape that will send home buyers knocking to your front door.
There are many practical tips to consider while planning how to get the most out
of the selling process.
First is the marketing strategy. In this electronically operated world, most buyers
would go online before jumping into their car and make the first seller’s contact. It may
be a good idea to post irresistible and marketable pictures of your house and place a for
sale announcement together with details and contact numbers in any networking site or a
website specializing with real estate property business.
Now, if you have a potential buyer and will have a house ocular inspection,
always remember that first impression lasts. You do not want to let your buyer have
hesitation to get out of his car simply because he does not like your house exterior. Make
sure to make the necessary modification in your outdoor landscape for this is the first
thing that is noticeable. In addition, bake something for your client. This would surely
make the client valued and welcomed.
Remove all items that are related to you. These include personal pictures, family
heirloom, religious décor and private artifacts. You do not want buyers to feel
uncomfortable with all the memorabilia making an air of uninviting ambiance. Pack all
the unwanted clutters in your house as possible until no trace of you is left. This will
make the house looks bigger and organized developing plus factors for the buyer.
Fix whatever is broken. This means that all things that need repair must be
properly addressed. Buyers are very critical and would notice even the slightest minor
defects. Replace leaking or worn-out faucet, cracked tiles or floor, defective doors or
drawers and burned-out light bulbs. Make a general clean up in every inch of the house.
Repaint the walls to brighten up the room and eliminate unwanted smells that may chase
away your client. Be meticulous! Scrutinize the house from the outside to the inside. Put
yourself in the shoes of the buyer and search out for any unenthusiastic part of the house
then have the will to improve them.
Nobody said that this will be an easy undertaking. It needs a lot of painstaking
and scrupulous planning. Buyers would usually focus on every fault and reason not to
buy your house. It is up to you to make the positives outweigh the negatives. At the end,
you would be glad that you have done your part and now enjoys the fruit of your labor.
Many people dream of owning a house but certainly acquiring a real estate
property is one of the most expensive decisions one could ever make in his entire life.
Though the conventional thinking is that it is more rational to own a house than to rent,
this is not always the case. After all, one may reason that handing over money to a
landlord every month is like throwing green papers in the trash. The reality is, sometimes
renting makes more sense for more people than others. This becomes evident as we see
growing number of fully furnished apartments that are available for renting across major
cities in the world.
Both options have their own strengths and weaknesses. The decision ultimately
lies on the individual’s preference and convenience. But most of the time, the advantages
of renting outweighs the other.
Most apartments offer fully furnished unit and that is exactly what most of the
renters look for. People don’t have to undergo the trouble of buying furniture and
investing on electronic appliances. In addition, in case that something is broken, you can
always look for the landlord to repair it for you. Some apartment even includes amenities
like swimming pool, playground and recreational facilities. This is something that is rare
for home ownership.
Buying a house means engaging into a big debt obligation. It is unlikely that
people could find favorable interest rates at the current situation of financial crisis. There
are many costs that go along owning a house that make it a little difficult to really
determine if it is a worth of an investment or not. Although the general tendency is for
home prices to increase over time, the Pensacola real estate market is no exemption to price
fluctuations like any other commodity. There would be an inevitable season that it will
fall and it is at this time that it is not ideal to sell a property as you may see a loss on your
Time and again, the promise of maintenance-free living is one of the highlights of
apartment renting. People would not worry about leaky faucets, getting old roof shingles
or dilapidating paint as the landlord would take care of the repair. Renters are also free of
mowing the lawn and never to experience the hot summer sun scourging at their back as
they push a heavy lawn mower while drenching in their own sweat.
The best part of it all is that renters retain their freedom to move as they please.
When all things get less tolerable and uncomfortable, they can simply pack up their
things and move from place to place at their own expense without worrying of the place
they had just left.
All these are just the few benefits of renting. Of course it has its own drawbacks
but one thing is certain, it is a service that is worth paying for.
When looking for a home for you and your family you will come across all kinds of deals, bargains, and so-called values along the way. If price is a very tangible object for you and your real estate investment then you might seriously want to consider the value of foreclosures. If you are hoping to invest in real estate in order to turn a profit then you may also wish to consider these properties that are often sold well below the ordinary value of the property because they are in varying degrees of disrepair.
Foreclosures as they are more commonly known are properties that have been taken back by the lenders because the previous owners were unable to continue making payments on the property. To the Real Estate profession they are actually known as Real Estate Owned (REO). Being that these homes were often owned by those in financial distress and may have been empty for some time before being sold, chances are that the foreclosure homes being sold at any given time are in some degree of disrepair. The shabbiness of many of these properties is one of the factors that keep the prices down. Another is the fact that the lenders are essentially attempting to recoup their investment in the property. For this reason they are often willing to take less than the value of the property if that is what is owed on the property.
Why are these properties often in a state of disrepair? Truthfully, there are many reasons but the primary culprit in this situation is money. Obviously the owners of the home were struggling to make the payments or the home would not be in the state of foreclosure. If the notes on the property were difficult to begin with it makes perfect sense that other issues such as leaking roofs, shabby carpeting, or plumbing maintenance would take a distant second in priority to making the house payment.
At the same time, there are those who are bitter about loosing their homes. As sad as the situation may be some add insult to injury by damaging these properties intentionally. These homeowners feel they have nothing left to loose and if they cannot have their property hole then the lenders should not as well. While this is by no means the way to go there are very many who choose this path over other options.
The fact is that their loss in these situations is actually your gain. The damage they do to the property is often not terribly expensive to repair though it can be quite bothersome. Your willingness to do the work in order to create a beautiful home for you and your family or as an investment can often translate to big savings at the closing table or when negotiating the price of the property. Foreclosures can allow families to buy larger homes in better neighborhoods than they would ordinarily be able to afford. They can also provide a fabulous kick-start to a property investment portfolio.
Despite common claims and Internet advertisements, you do not need to buy a list in order to find foreclosed real estate in your area. You simply need to procure the services of a competent realtor and let him or her know that your intentions are to purchase a foreclosed property or some other property that is selling well below market value. You might be amazed at the wealth of information and assistance your realtor can provide not only in finding excellent foreclosures but also when it comes to procuring financing for some of the more creatively damaged foreclosures you may run across at insane bargain prices.
You must also be aware of the process involved in trying to purchase a property in foreclosure or already in the hands of the bank (REO). Properties in various stages of the foreclosure process all have one thing in common. Any sales contract has to be accepted by the current home owner and then begins the application process to the mortgage holder to approve the sales contract at the agreed upon price. This process can easily take at a minimum 60 days and in some cases I have seen it take as much as one year. You must be willing to wait to get the property you want at an acceptable price, be patient. On the other hand the Real Estate Owned (REO) properties are much easier to deal with and approvals can be obtained in as little as one week. The drawback is that REO properties usually sell much quicker and at a higher price but the properties are usually in good condition.
The real best and most pleasurable reason to buy realty far and away is in purchasing a property in which your family will dwell and grow in concert. There is very much of playfulness called for in finding out the perfect situation for you and your family to send for nursing home. There is likewise a great deal of tension needed likewise and that should not be overlooked.
Some things to keep in intellect when looking for for the perfect prop for your family are the pursuit :.
1) Make your opening move the measure of finding out a realtor or purchaser’s agent that you are confident has your demands, desires, and best pursuits inside. Your realtor can test to be a life buoy when you’ve striven the last times of day before shutting and the sky looks as though it’s going to settle. Far more that though, your realtor can assist you determine the abode that you but can not reckon your category livelihood without.
2) Once you’ve ascertained a realty that you bank to avail you find out a rest home for your family it is time to identify the things that are right down requirements in your search and those things you can live without. The most significant thing to make up one’s mind upon is a budget that you are comfy support with.
3) Once you’ve shewn a budget you necessitate to determine the characteristics that are of import to foregather the demands of your fellowship. The number of chambers, cans, straight footage, and curtilage quad. Do you postulate a fenced in yard or a basement? These things are of import as they do touch the comfortableness and in some cases safety of your fellowship.
4) Another of import thing that must be reckoned when buying a nursing home for your family is the neighborhood. This is more of import than many peoples may realise. It is well deserving having a smaller home in a neighborhood that is braced for growing sort of than a larger home in a neighborhood that is in the state of diminution or on the verge of the state of diminution. Crime rates in the neighborhood and the school district are other things that require to be seen too before making up one’s mind to consider a likely rest home.
5) You should as well take the time to look at several properties before deciding on one property over another. The more properties you consider, the better the opportunities are that you will really determine the one perfect property for the demands of your family rest home. The more habitations you interpret the more you will check about your likes and dislikes. You will as well get thoughts about hypothesises and things that can be added on to the dwelling house you finally pick out. Irrespective, the more dwelling houses you construe, the more selections you have in due season to create a decisiveness.
6) Never offer the selling price right away. Yet if you are willing to pay the full selling price, proffer something a trifle lower and countenance some negotiating room. Be for sure, if you really desire the house doubtful not to be contemptuous with your offering but relieve oneself the offering precisely the same. Some things you may desire to see when you make water your offering is how cursorily you are likely to necessitate a new ceiling, new flooring, new heating system or air conditioner, and innumerable other improvements that may need to be created on the prop. Each of these things costs money and they add up over sentence. If everything is passably recent and in good working Holy Order you may want to reckon that when passing water your offering besides.
You will regain many houses along the means but few will reach out and strike themselves upon you as rest home. Those are the 1s you should regard long and hard. Matter the options, the mary leontyne prices, and your likes and dislikes. If you do all of this you should be well on your means to the dwelling of your dreams.
When it comes to real estate, it’s really hard to beat a cheap home. Cheap homes are very affordable and ideal for those on a budget. For real estate agents, these types of homes represent a way to buy a home at a low price, build it up some more, then sale it for a large price. Making money with real estate is easy to do – no matter how you look at it.
Although you can find cheap homes throughout the United States, some will obviously be better than others. Some are in great neighborhoods, giving you plenty to see and plenty to do all around you. On the other hand, most towns that offer the cheapest homes normally have a bad situation when it comes to the job market. They can be great to retire to or settle down in if you own a business, although they aren’t great if you need a job. Internet marketers and writers are finding these areas, are flocking to them at a very fast pace.
You can also save quite a bit of money by buying a home that is less expensive, but still fits your needs. What this means, is buying a home in the inexpensive areas of your town, or buying a home that is cheap in price. You shouldn’t be focused on one type of home or neighborhood, but instead look at your available options and compare prices.
Keep in mind that buying cheap homes doesn’t necessarily mean buying a run down place or buying your home in a bad part of town. You can get a cheap home in a great neighborhood, if you weight your options accordingly. If you shop around and look at different areas, you might find yourself very surprised at just how many homes are available at cheap prices.
Before you purchase a home, you can save a lot of money if you know how to negotiate with the real estate agent. Although a home may have a higher price than you are willing to pay, you can shave quite a bit of the price off through negotiating. If you learn just a few of the simple techniques of negotiating, you can save a lot of money. Each and every day, hundreds of people get cheap homes by negotiating with real estate agents.
In some cases, you can end up paying the full price of a home and still end up spending less than someone else might spend. Although price has an impact, financing is also an area that can help to make a home more affordable. If you get a low interest rate, you’ll save a lot of money when you buy the home. There are several ways that you can save money through your finance options, which is why you should always research what’s available to you before you buy.
Before you decide to buy a home, you should always think things through and be sure to look around different areas and neighborhoods. Even though there are many cheap homes out there, you can get just as good of a deal through negotiating. Most cheap homes sell very quick, which is why you should always be on the lookout for one. When you find a cheap home that fits your needs, you should act on it. Contact the agent, take a tour of the home, then decide if the price and the features are indeed what you’ve been looking for. If it isn’t – simply forget about the house and start looking for another one.