#lifestyle

Today’s lifestyle has changed for many of us. While the Real Estate Market has been busy for me here in Indian River County (that’s Vero Beach, Sebastian, Fellsmere) not everyone is certain how they will pay their mortgage. People that I know had been fortunate to have funds aside, just in case. That leads me to the people that are using their homes as piggy banks. Oh boy, I hope that you are not doing that. 

Selling your home right now might seem crazy however if it’s time to move forward, then get going. Your lifestyle is what you make it.  Is this a simple thought or not? Selling and moving on, takes on so many powerful possibilities. Only you know what those are, make your choice, and just move forward. 

If you need trusted help to make the choice, reach out to those around you. First why are you selling? Second where and how? Third can you afford this move? Lifestyle, it’s your choice.

Don’t be shy, ask a local Realtor for a CMA. That will help with #3.

As always I am here to help you with all of your Real Estate questions.

HOME VS HOMELESS

Hello Readers

Have you been thinking or worried about paying your mortgage? My hope is that we don’t experience another short sale or foreclosure crisis. Let’s hit the nail on the head, are you behind on your payment because you’re still out of work? That’s scary. If your behind I hope that you’ve contacted your lender and found a solution. I work with Mortgage Professionals on a daily basis, the rates are excellent right now. There are so many programs for new buyers.

Right now my experience, has been positive in that fact that the market is brisk. Sellers are doing very well. These numbers are straight out of the MLS, in Indian River County. The MLS that Realtors use is the most accurate and up to date site for Real Estate. What type of success this month, well let’s examine the numbers:

From June 1st through July 21st we have 515 Active homes to choose from.

From June 1st through July 21st we have 677 Solds. 

Those numbers don’t include Contingent or Pending. 

To find out specific details on your home, contact a professional Realtor of your choice.

Sell your home if your ready. Save your home if your in trouble with the payment. Feel free to reach out to me with your questions. Regards, Paula.

1031 Tax Deferred Exchanges

Are you looking to do a 1031 Exchange?

The Internal Revenue Code, 1031, offers taxpayers one of the last great opportunities to build wealth and save taxes. This is a big subject. To fully defer the capital gain or recapture tax, the Exchanger must acquire “like kind” Replacement Property of equal or greater value.

If you have a property that you would like to Exchange, I have an excellent contact for doing the Exchange Service. We also have properties that could work out for you.

Exchange’s big or small.

The Real Estate Market is moving nicely. Stay safe and keep moving forward!

Keep Ahead of the Game!

What game? Today’s wild ride. Some people are thriving while others are broken down. I can only tell you my opinion of the Real Estate Market in my area. 

For the good folks in Indian River County, the market is moving nicely. Home rates and inventory are just right for changing your lifestyle. Does that make sense? Seller’s are not giving away their home, they are selling with current market value. Buyers have an option to buy with some great loans designed for today’s market. The only way you know about your wear with all to buy or sell is to ask a professional Realtor. 

Keeping ahead of the Game, mean’s choose wisely. A home priced properly will sell within the first 30 days, depending on condition and location. A home price too low could sell the same day, are you leaving money on the table? Your agent will offer you a CMA, based on black and white facts of the latest Solds in your area. Remember ask questions, keep the facts that are presented in the front of your mind.

Keep ahead of the game. Feel free to ask about your county, I have availability to research most counties in Florida. Outside Florida, I have a great Relo and Referral Company.

I’m always here to help you with your Real Estate needs. Reach out at PaulaZ@WatsonRealtyCorp.com

Lifestyle!

Everyone loves a pleasant lifestyle. Why not, it’s should be our day to day path.

Many of use are working out of our home, that’s been an adjustment. For many of us it took thinking out of the box. It’s always easy to find a something else to do while were home like laundry, clean the kitchen, play with the dog. Now that I’m use to it I’ve tried to add in a few half days at the office.

My office is in Vero Beach, Florida. Just off the Treasure Coast. WooHoooo, Lifestyle!

I love working and living here. Ever since the middle of March the Real Estate Market has adjusted and at the same time I’ve been busy. Buyer’s have taken the time to find and buy in a fast paced market. The sellers are happy. WE have covit rules in place, to be as safe as possible.

The Mortgage people have some great loan programs. You must be pre qualified to buy a home. Anywhere from 600 to 800 credit score. I’ve sold to buyers with a low credit score and little to No Money. Therefore the contract is written with a sellers concession in mind. What is that, you say? A sellers concession is $$$ that come back to cover closing costs and prepaids. Depending on the transaction, many sellers are willing to give back to a buyer when he has enough equity in the property and the sale can be closed within 45 days. It’s a win, win.

Let’s talk about you’re home. Your lifestyle awaits! Always feel free to contact me. Comments are welcome and feel free to reach out PaulaZ@WatsonRealtyCorp.com

Hunker Down

Hunker down, stay at home, keep your distance. I like the keep your distance. As Americans were not designed to stay home or hunker down. We’ve all done that for months. Many of us have been fortunate enough to keep working. Here’s my humker;

Stay safe, keep control of yourself. Watch over one another. Move forward with causion. Yep! Let’s Hunker Down on the Treasure Coast!

The Florida market is still moving. We have our precautions in place. We have some really great rates and programs to help in buying a home. The Title Companies are always available to help!

As always, I’m here for your Real Estate needs.

What Does It Take?

What does it take to sell a house in this market? In my opinion it takes an experienced Realtor. What do I mean? Now that we have a World Wide Pandemic we have new guidelines.  A new way to show a property, a new way to work with buyers. While using safe methods and professional standards. I have been blessed, while this crazy time continues selling 3 properties and listing another property. My buyers are serious and pre-qualified. Limited appointments only and a thorough understanding of what they are looking for. 

What does it take to be a buyer? Trust and a willingness to believe and move forward. Exercise and knowledge create success. Timing and movement make it happen. What does it take, it takes your energy to start with a clear vision. What is it that you would like to accomplish?

Start with your idea. Are you buying or selling? Then go with the basics. There are so many web sites out there with all good intentions. However, they are not all accurate when it comes to the facts.  Is the house for sale or not for sale? Your professional Realtor knows. We have our own Multiple Listing Services.  The MLS is updated daily, agents are trained as to what should and should not go into the MLS. Realtors work on a daily basis to keep our industry running like a well-oiled machine. Come and join us for all of your Real Estate needs. That’s what it takes. 

As always I’m here for your questions. Like my page or pass it along.

A Working Glance

Hard to stay focused….Yes, it is.

I’m use to working at the office. Although today and tomorrow, home is where the heart is.

My heart tells me this will be ending soon. Then let’s all hit the ground running.

My mortgage brokers tell me and I quote;

The nation’s fourth-largest mortgage lender is tightening standards for most new home loans amidst the murky economic outlook. J.P. Morgan Chase announced that starting April 14, most new mortgage loans will require a credit score of 700 and a down payment of 20%. Chase said the new standards do not apply to their existing mortgage customers or low and moderate-income borrowers who qualify for their 3% down payment “DreaMaker” product.

If your happy in your home, stay there. Should you have questions in regards to your home mortgage don’t let fear take over contract your lender or mortgage professional for help. Move forward!

Feel free to tweet or facebook this article. I’m always here to help.

Paulaz@WatsonRealtyCorp.com

Real Estate Info.

IRS Extends Tax Deadlines
The IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway.  Both of these programs are designed to promote economic growth in communities, and NAR made the case that investors in these programs should not be harmed due to the effects of COVID-19.
 1031 Like-kind exchanges.  If an investor has taken the first step of a like-kind exchange by selling the old property, and either the 45-day or the 180-day deadline falls between April 1 and July 15, the deadline has been extended to July 15. Opportunity Zones.  If an investor who sold a capital asset planned to roll over the gain into an Opportunity Fund and the 180-day deadline to do so falls between April 1 and July 15, 2020, he or she can make the investment as late as July 15.  
Also, sole proprietors who pay quarterly estimated taxes now have until July 15 to file their second quarter payment.  As a result of an earlier IRS notice, first quarter estimated tax payments had already been extended to July 15.  This means that any individual or corporation that has a quarterly estimated tax payment due on or after April 1, 2020, and before July 15, 2020, can wait until July 15 to make that payment, without penalty.  
NAR has advocated heavily for these extensions since the outbreak of the COVID-19 pandemic. We’ll have a full analysis of this announcement Friday on our dedicated coronavirus page.

This post sent from NAR, National Association OF Realtors. Hopefully this will answer someones questions.

I always love to post an image.

Take care and keep moving forward!

As always feel free to contact me. I love hearing from you!