Palmer Ranch is a larger-than-life, massive, master planned real estate community, located between the cities of Sarasota and Osprey. It encompasses some astounding 80,000 acres and boasts a very rich history. Today, it is home to hundreds upon hundreds of residents. But it once was the site of rural cattle ranches. Palmer Ranch derives its name from the namesake of the visionary woman who first brought industry to the area.
There are twenty six communities in Palmer Ranch and all offer the best of Florida living. There is truly something for everyone in Palmer Ranch Sarasota and it is here you’ll find wooded preserves, lakes, trails, swimming pools, fitness centers, and many more resident amenities. No matter what type of residence, size, or features you're looking for, it's here waiting for you to discover. Speaking of discovery, the history of this beautiful master planned community is quite interesting.
Palmer Ranch History
"She dined with kings and dressed like royalty. She took the $8 million her late husband left her and turned it into $20 million. She had the confidence and bearing to transform wilderness into farms, and... read article
As the Sarasota real estate market inventory and pending sales continue to increase, you might be thinking about selling your house soon. To fetch the biggest return on your investment, your property must entice potential buyers. This is done by decluttering, depersonalizing, disinfecting, and staging. To really pique interest and get buyers through the door, you can do a few inexpensive weekend DIY home improvements.
Bad ROI Home Improvements
The trick is to choose the right improvements. While some might improve aesthetics and function, they don't necessarily pay off at resale. In fact, according to the Remodeling magazine’s 2016 Cost vs. Value Report, there are projects which you should avoid altogether, if you are going to sell your home. Making the list of bad ROI home improvements are a deck addition, upscale bathroom remodel, upscale master suite addition, upscale bathroom addition, and a modest bathroom addition.
It’s understandable if you, like many Americans, associate home improvement projects with money flying out your door. After all, the average bathroom remodel tops $16,000, according to Remodeling Magazine’s Cost Vs. Value Report. Replacing your windows runs $8,000 on average. Kitchens and master... read article
You're ready to sell your home, done some kitchen remodeling updates, along with a few other key improvements; and now, it's time to move forward. The good news is, the current local Sarasota real estate market favors sellers, but this doesn't mean it will be a short process. Buyers will continue picking and choosing which homes to see in-person after hours of going through online listings. If there's one aspect of home selling you should be very concerned with, it's how your home presents on the internet. The vast majority of home searches begin on the web, so, it's paramount your property pique interest and you should know which of the biggest real estate seller listing picture mistakes to avoid.
Biggest Real Estate Seller Listing Picture Mistakes
When people start their searches for residences in their locality, there are a few key reasons buyers choose a home. These primarily include: location, price, condition, energy efficiency, and various surfaces, components, and systems. However, even if a home is in an ideal location, is priced right, in good condition, and is energy-efficient, if it does not strike... read article
The most important factors when buying a home have a lot to do with location and function. The former is a fact explains the existence of the old adage, "real estate is all about location, location, location." The latter, however, is almost exclusively about the need to think ahead and consider the future. This is why it is so important to get a professional home inspection to avoid potential risks. The bottom line is, this is a huge investment and you need it to be the best possible choice because it will heavily impact your life in many ways.
Most Important Factors when Buying a Home
Every buyer wants to find his or her dream home. But the reality is there are very few perfect properties and this is why a little compromise is often part of the process. Sure, there are compromises you won't have to make but by being flexible, you'll discover a whole lot more choices. Thinking long-term is essential when it comes to buying a home because life changes over time. While you might need this or that today, there's simply... read article
The difference between “grandfathered” and “unpermitted” work is the former is considered legal but the latter is out of code compliance. In some instances, even work deemed to be grandfathered runs afoul of new building codes. Unpermitted work, however, is just that and the situation needs to be rectified or the home cannot be insured, causing a home loan to be denied. In either case, there’s at least some cause for concern, because of possible safety issues.
<h2>Difference between Grandfathered and Unpermitted Work</h2>
Whether you're relocating to the area or are <a href="http://www.mysarasotahomes.com/blog/post/2259/Signs-It-s-Time-to-Buy-A-Bigger-Home">convinced it's time to buy a bigger home</a>, such circumstances could spell trouble. The term "grandfathered" simply means the work is acceptable, done to previous code standards and no further action is needed. But "unpermitted" work has nothing to do with the quality. Rather, being done without proper inspection and permitting. Even if the work is high quality, if done without a permit, it's not code compliant.
<blockquote>a home inspector will not tear into walls and ceilings to inspect wiring and other work, even if the house was never properly inspected after apparent illegal additions were built. That's not what inspectors... read article
The biggest risks of not getting a home inspection should frighten buyers enough to reconsider. Unfortunately, in hot real estate markets, fear of losing a home to another qualified buyer is too much anxiety to overcome. That's a huge mistake and in more than just one way. You might be in the market to buy a bigger home, are relocating from out-of-town, or even wanting to downsize to reduce maintenance work. Whatever the case may be, skipping a home inspection is typically not a smart decision because there's too much at stake.
Most Common Home Inspection Myths
Home inspections are conducted by experienced, licensed professionals to uncover what's known as "material defects." These are problems with a home's components and systems, such as the roof, foundation, electrical wiring, HVAC, plumbing, and the like. Material defects are issues which negatively affect a home's value and/or pose safety and/or health hazards. However, there are certain home inspection myths most buyers believe, such as the seller must make all repairs and other inspections and the appraisal will suffice.
For buyers, waiving the option to have a professional inspection contingent on their... read article
There are evident and reasonable signs it's time to buy a bigger home if you're beginning to feel cramped or your needs have changed. You might be considering moving into a larger property for one or more out of several reasons but are still unsure if it's a wise decision. For instance, you want to avoid all the common home remodeling headaches to improve your current property, a bigger residence already equipped with your needs is certainly a more attractive choice. Still, you need to know the legitimate reasons for upsizing.
Considerations before Moving into a Bigger Home
Of course, there are some considerations to think about before moving into a bigger home. A new mortgage definitely warrants deep thought because if you can get the best home loan rate and you can afford to pay a little more each month, you're one step closer to moving into a larger home. In addition to your mortgage principal and interest, slightly higher property taxes and insurance rates will also be a reality, as well as higher utility bills.
...if you feel like you're ready to move up, there... read article
The five biggest home remodeling mistakes are completely unavoidable yet, manage to plague so many homeowners. With the local Sarasota real estate market favoring sellers, now is a great time to update your home to sell or to stay put and enjoy increased value, as well as equity. It's well-known certain home improvement projects help to sell a home and/or increase its market value. But the mechanics behind getting from drab to fab are entirely different, eluding the majority of homeowners. Over-personalization, is just one of many makeover pitfalls, causing an otherwise sellable home to linger longer on the market than comparable properties. Going overboard on landscaping is yet another error, as buyers see it as a maintenance headache rather than a plus.
5 Biggest Home Remodeling Mistakes
In a recent survey of 300 licensed general contractors, Consumer Reports magazine found the five biggest home remodeling mistakes. What's most remarkable about these blunders is a clear demonstration of stressed, myopic homeowners. Not seeing the forest for the trees might be a cliché expression, but it most definitely fits when it comes to remodeling a home. For... read article
Home closing mistakes that cost final approval are real and these unwitting blunders surprise would-be home buyers more often than you might think. After all, you took the time to order and go through all your three credit reports, successfully disputing all the errors; made it through the long house hunt; the purchase offer is accepted by the seller; and, the closing date is set. Unfortunately, you're not across the home buying finishing line yet and if you commit just one of a few mistakes, you'll be disappointed with a loan denial.
Home Closing Mistakes that Cost Final Loan Approval
The majority of missteps taken by mortgage borrowers are financial but all are completely avoidable. Lenders often run a second, soft credit check just before closing occurs to ensure the borrower's finances and professional situations have not changed since mortgage pre-approval. That's why it's referred to as "final loan approval," because that's precisely what it is and it's done to avoid risk. Though home loan institutions lend money, these entities do what they can to minimize chance of default.
Right now in Sarasota the housing market is hot and favors sellers; but, that doesn't mean there aren't good deals to find. If you're considering purchasing a second home or vacation property, because you're relocating from Canada to Sarasota, or for another reason, you should know there are certain beneficial strategies. This is a great investment to make because home values are steadily on the rise and having a second home means a more robust portfolio.
Best Strategies for Buying a Second Home
One of the most important things to keep in mind is that when you buy any type of property, you are buying into the neighborhood. This is so important because you cannot change the surrounding neighborhood and if it changes, so too, will your equity situation. You need to find a good, stable neighborhood and the good news is, there are several here in sunny Sarasota. Whether you're looking for a single family or townhome in a master planned community or stand-alone neighborhood, you'll find plenty of options in this area.
If you have plans to buy a home at the beach, in the mountains... read article