How a Lease Purchase Option National Home Buyer can help you buy the home you want and move in now

 

There are many Tampa Bay area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here to learn about our “Your Home Sold Guaranteed in 29 Days” program or for a free property valuation so you know what your home can sell for in today’s market. You may also call me at (813) 359-8990 for a FREE home buying or selling consultation to answer any of your real estate questions.

 

Listen to Andrew Duncan, Tampa's #1 Realtor and expert, together with David Diaz from Waterstone Mortgage talk about how The Duncan Duo partnered with a National Home Buyer that has a lease with the right to purchase program intended to provide qualified individuals who are not ready to buy today, a clear path to home ownership in the future.

The difference between their program compared to other programs offered by hedge funds and the like is that the buyer has a say in the process. They will buy the property that you pick out although it has to meet certain criteria. Usually, they search for homes in great school districts of certain price ranges and will rent for certain numbers. They pay pretty close to retail prices and this will allow someone to try a home first before they buy it or for people who might need a year or two before they are ready to purchase. One of the major benefits for the buyer is that they give the buyer the right to purchase the home at a certain price (which will grow over time) but could be a great opportunity for the buyer especially if the market appreciates fast. This means that a year or two down the line, they will have the opportunity to purchase it below retail value and have instant equity on the home.

To know more about this program, call us now at 813-359-8990 or go on to our website www.searchmlstampa.com to talk to our agents.

To get more Tampa Bay Real Estate news and advice from Tampa Bay's #1 Realtor, tune in to The Duncan Duo Real Estate Show on 970 WFLA - Tampa Bay every Sunday at 10 am.

Tampa Real Estate Stats September 2016 and how they compare to RE/MAX National Housing Report

 

There are many Tampa Bay area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here to learn about our “Your Home Sold Guaranteed in 29 Days” program or for a free property valuation so you know what your home can sell for in today’s market. You may also call me at (813) 359-8990 for a FREE home buying or selling consultation to answer any of your real estate questions.

 

Listen to Andrew Duncan, Tampa's #1 Realtor and expert, together with David Diaz from Waterstone Mortgage talk about the Real Estate Statistics for September and Andrew's analysis of the market.

Tampa is included in one of the hottest markets for home price increase at  14.6%. Miami came in at 15.2%, Birmingham was 17%. Portland at 14.5%. Inventory of homes for Tampa is at 2.6 which is a healthy market, definitely a seller's market. 

The median sales price nationally is up considerably year over year, about a 14% increase. Days on the market, homes are selling faster. 

Based on the statistics from the Greater Tampa Association of Realtors (GTAR), there were 2,920 sales in 2016 as compared to 2,660 home sales last year which has an increase of 10%.

The average sale price is $239,000 while last year it was $290,000 which is about a 6-7% bump in year over year sale price average. 

Inventory is about 2.7 months. This has been the lowest we've seen in years. The highest inventory month of the year was January and February.

Andrew and David discuss the trend and their observation on where the market is going in the next few months.

To get more Tampa Bay Real Estate news and advice from Tampa Bay's #1 Realtor, tune in to The Duncan Duo Real Estate Show on 970 WFLA - Tampa Bay every Sunday at 10 am.

Home loans 0% Down Payment USDA & low down payment mortgages

 

There are many Tampa Bay area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here to learn about our “Your Home Sold Guaranteed in 29 Days” program or for a free property valuation so you know what your home can sell for in today’s market. You may also call me at (813) 359-8990 for a FREE home buying or selling consultation to answer any of your real estate questions.

 

Andrew Duncan, Tampa's #1 Realtor and expert, together with David Diaz from Waterstone Mortgage and Shawn Yesner from Yesner Law and Florida Suncoast Title Services, discuss 100% financing (0 Down) USDA and other mortgages with low down payments with David Diaz from Waterstone Mortgage

Rural Housing Loan is often overlooked by people. It offers a lower down payment altenative compared to FHA or VA. An example of this is USDA loan which offers no money down. Surprisingly, there are a lot of areas in Tampa Bay that are considered rural. David also talks about how this is a prevalant option for a while but not at the moment due to the first time home buyer grant available for people who haven't owned a home in Hillsborough, Pinellas, Pasco and Polk Counties. 

Other loans that are available are the Jumbo loan program and the escrow hold back.

To get more Tampa Bay Real Estate news and advice from Tampa Bay's #1 Realtor, tune in to The Duncan Duo Real Estate Show on 970 WFLA - Tampa Bay every Sunday at 10 am.

Best Tips in Tampa Real Estate to prepare you to buy a home – payments, insurance, credit & taxes

 

There are many Tampa Bay area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here to learn about our “Your Home Sold Guaranteed in 29 Days” program or for a free property valuation so you know what your home can sell for in today’s market. You may also call me at (813) 359-8990 for a FREE home buying or selling consultation to answer any of your real estate questions.

 

Andrew Duncan, Tampa's #1 Realtor and expert,  is joined by David Diaz from Waterstone Mortgage and Richard Vazquez from Artisan Insurance on The Duncan Duo show on 970WFLA . They talk about what you can do to prepare for owning a home which not only benefits first time buyers but also buyers who decides to upgrade to a new home.
 
A consumer needs to Understanding the full cost of home ownership. There are a lot of variables to consider like HOA fees, Home Owner insurance, Property taxes, Principal interest tax insurance, not knowing the whole payment.

You need to be prepared for the curve balls that could happen like property taxes going up, home owner's insurance may rise, HOA dues get overlooked.

There are a lot of online mortgage lenders that give inaccurate information which could be misleading for a lot of home buyers. Andrew suggests to talk to a local mortgage lender like Waterstone Mortgage that can give you expert advice and you can get the full scope of payments instead of relying on an online calculator.

You should also know what your home owner tax benefits. Mortgage interest and property taxes are deductable when you file for income tax returns and for a lot of people, this could reduce their taxable income.

Study rent vs buy math. Also factor in the potential appreciation and depreciation of the home value when looking at the benefits of home ownership.

Other factors to look at are the home owner insurance and your credit score which could also greatly impact your finances.

To get more Tampa Bay Real Estate news and advice from Tampa Bay's #1 Realtor, tune in to The Duncan Duo Real Estate Show on 970 WFLA - Tampa Bay every Sunday at 10 am.

Sarasota & Manatee Most Recent Real Estate Statistics and Trends

 

There are many Tampa Bay area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here to learn about our “Your Home Sold Guaranteed in 29 Days” program or for a free property valuation so you know what your home can sell for in today’s market. You may also call me at (813) 359-8990 for a FREE home buying or selling consultation to answer any of your real estate questions.

 

Andrew Duncan, Tampa's #1 realtor discusses the statistics and trends of the Sarasota and Manatee markets for August 2016. The Sarasota and Manatee market is very different from the Metro Tampa. The seasonality of the two markets are drastically different because while it is slowing down in the Tampa and Pinellas, the in season is just coming up for Sarasota and Manatee.

He starts off with the year over year statistics for Manatee county. Single Family home sales from August 2015 to August 2016 rose from 506 to 572 while the average sale price was pretty much flat at $315,000 (Aug 2015) to $314,080. Townhomes, condos and multi-families had an increase in home sales from 155 to 225 year over year but the average sale price dropped from $210,000 to $199,000.

Moving on to Sarasota county, the single family home sales dropped from 755 to 668, year over year, which was an 11% drop in the number of homes sold. The average sale price increased from $331,000 to $359,394. Townhomes, condos and multi-family home sales had a 6.5% drop from 293 to 274. The average sale price went up from $304,000 to $330,000.

In a nutshell, Manatee has more home sales but the average sales price was either flat or lower while Sarasota had fewer home sales in August but higher sales price. Andrew believes that inventory has a play in both markets.

As mentioned, it is the In season for Sarasota and Manatee. This is the time of year when people who are retiring and looking to move to Sarasota or Manatee Counties or looking for a second or vacation home. While in Tampa, this is the time when kids are back in school, not much seasonality in the Metro Tampa but it is a slower time of year.

To get more Tampa Bay Real Estate news and advice from Tampa Bay's #1 Realtor, tune in to The Duncan Duo Real Estate Show on 970 WFLA - Tampa Bay every Sunday at 10 am.

Free Swag, Game Tickets for Clients & More

We have a couple of really cool items to give away and a few client appreciation events we want to invite you to.

Selling in the Tampa Bay area? Get a market analysis report

 Purchasing in the Tampa Bay area? Get full MLS access

Are you excited for hockey season? I know I am! As the official agents of the Tampa Bay Lightning, we wanted to announce a couple really cool items we have to give away and some upcoming client appreciation nights we’re hosting.

We have a Steven Stamkos autographed hat, a Ryan Callahan autographed jersey, and a hockey stick autographed by the entire team. We will be giving other stuff away all year long, including tickets to games on our social channels so make sure to follow us:Instagram, Twitter, Facebook, and YouTube. 

If you’re a current or past client of ours, we have a number of client appreciation nights coming up at Amalie Arena. Here are the dates to mark down on your calendar: 

• October 18th vs. Florida
• November 10th vs. The New York Islanders
• December 8th vs. Vancouver
• January 3rd vs. Winnipeg 
• February 21st vs. Edmonton
• March 6th vs. The New York Rangers

On all those nights, we’ll have plenty more tickets to give away, so watch our social channels for the day to register for these events, or make sure to reach out to your agent on our team if you have one. For more autographed memorabilia signed by members of the Lightning, check out boltshomevideos.com

Consider this our gift to you for being a valuable client and being a patron of our social channels. If you have any questions, please feel free to email us or give us a call. We hope to see you at a Bolts game this year. Let’s go Bolts!