What’s That Flying Over Your Listing?

What’s That Flying Over Your Listing?



View the Entire MLS Listings www.SearchFloridaKeysHomes.com

Real Estate In Florida Keys with Coldwell Banker, Lela Ashkarian

Is it Time to Downsize your Home?  A recent study by Edeman Berland revealed that of homeowners who are contemplating selling their house in the near future 33% plan to scale down. Let’s look at a few reasons why that would make sense to many Americans. In a recent blog post, Dave Ramsey, the financial guru, discussed the advantages of selling your current house and downsizing into a smaller home that better serves your current needs. Ramsey explains three potential financial advantages to downsizing: A smaller home means less space, but it also means less time, stress and money spent on upkeep. 186 Jasmine St, Plantation Key Florida, 33070 Let’s assume you save $500 a month on your mortgage payment. In 30 years, you could have an additional $1–1.6 million in the bank to get you through your golden years. Use the proceeds from selling your current home to pay cash for a smaller one. Just imagine what you could do with no mortgage holding you down! If you can’t pay cash, aim for a 15-year fixed rate mortgage and put at least 10–20% down on your new home. Apply the $500 you saved from downsizing to your new monthly payment. At 3% interest, you could pay off a $200,000 mortgage in less than 10.5 years, saving almost $16,000 in the process. Realtor.com also addressed downsizing in a recent article. They suggest you ask yourself some questions before deciding if downsizing is right for you and your family. Here are two of their questions followed by their answers (in italics) and some additional information that could help. Q: What kind of lifestyle do I want after I downsize? A: “For some folks, it’s a matter of living a simpler life focused on family. Some might want to cross off travel destinations on their bucket lists. Some might want a low-maintenance community with high-end upgrades and social events. Decide what you want to achieve from your move first, and you’ll be able to better narrow down your housing options.” Comments: Many homeowners are taking the profit from the sale of their current home and splitting it to put down payments on a smaller home in their current location and a vacation/retirement home where they plan to live when they retire. This allows them to lock in the home price and mortgage interest rate at today’s values. This makes sense financially as both home prices and interest rates are projected to rise. Q: Have I built up enough equity in my current home to make a profit? A: “For most homeowners, the answer is yes. This is if they’ve held on to their properties long enough to have positive equity that will be sizable enough to put a large down payment on their next home.” Comments: A recent study by Fannie Mae revealed that only 37% of Americans believe they have significant equity (> 20%) in their current home. In actually, 69% have greater than 20% equity. That equity could enable you to build a life you have always dreamt about. Bottom Line If you are debating downsizing your home and want to evaluate the options you currently have, meet with a real estate professional in your area who can help guide you through the process.

Duck Key Canal front Home For Sale, easy access to Atlantic Ocean for Diving, Fishing, and Just Cruising. Call Lela 305-395-0814 or click www.Facebook.com/sellingfloridakeyshomes

Do you want to know how much I care before you care how much I know

Do you want to know how much I care before you care how much I know

Is it Time to Downsize your Home?  A recent study by Edeman Berland revealed that of homeowners who are contemplating selling their house in the near future 33% plan to scale down. Let’s look at a few reasons why that would make sense to many Americans. In a recent blog post, Dave Ramsey, the financial guru, discussed the advantages of selling your current house and downsizing into a smaller home that better serves your current needs. Ramsey explains three potential financial advantages to downsizing: A smaller home means less space, but it also means less time, stress and money spent on upkeep. 186 Jasmine St, Plantation Key Florida, 33070 Let’s assume you save $500 a month on your mortgage payment. In 30 years, you could have an additional $1–1.6 million in the bank to get you through your golden years. Use the proceeds from selling your current home to pay cash for a smaller one. Just imagine what you could do with no mortgage holding you down! If you can’t pay cash, aim for a 15-year fixed rate mortgage and put at least 10–20% down on your new home. Apply the $500 you saved from downsizing to your new monthly payment. At 3% interest, you could pay off a $200,000 mortgage in less than 10.5 years, saving almost $16,000 in the process. Realtor.com also addressed downsizing in a recent article. They suggest you ask yourself some questions before deciding if downsizing is right for you and your family. Here are two of their questions followed by their answers (in italics) and some additional information that could help. Q: What kind of lifestyle do I want after I downsize? A: “For some folks, it’s a matter of living a simpler life focused on family. Some might want to cross off travel destinations on their bucket lists. Some might want a low-maintenance community with high-end upgrades and social events. Decide what you want to achieve from your move first, and you’ll be able to better narrow down your housing options.” Comments: Many homeowners are taking the profit from the sale of their current home and splitting it to put down payments on a smaller home in their current location and a vacation/retirement home where they plan to live when they retire. This allows them to lock in the home price and mortgage interest rate at today’s values. This makes sense financially as both home prices and interest rates are projected to rise. Q: Have I built up enough equity in my current home to make a profit? A: “For most homeowners, the answer is yes. This is if they’ve held on to their properties long enough to have positive equity that will be sizable enough to put a large down payment on their next home.” Comments: A recent study by Fannie Mae revealed that only 37% of Americans believe they have significant equity (> 20%) in their current home. In actually, 69% have greater than 20% equity. That equity could enable you to build a life you have always dreamt about. Bottom Line If you are debating downsizing your home and want to evaluate the options you currently have, meet with a real estate professional in your area who can help guide you through the process.

armenian duduck (tears&fears) Passion is The Fuel of Life!

Duck Key Florida Keys Open Ocean and Gulf Views 305-395-0814

Duck Key Open Water Home two bedrooms two baths upstairs on Toms Harbor, large 11,888 sq ft lot, plenty space for a large pool, built in 1971. Lower level has two bedrooms and one bath . Screened in porch overlooking the open water view, concrete seawall. How amazing would it be to wake up in the morning and step out onto your own private porch overlooking the Open water? What a Dream. House needs some loving.

This house needs Love! Waking up refreshed in the morning with a smile on your face, it really does not matter if your first thought is devoted to your swim with dolphins, going fishing, diving or loving to swim here at this house is a dream come true. 

If you are looking to relocate, or purchase a Vacation Rental Property, visit www.SearchFloridaKeysHomes.com then give me a call 305-395-0814


Key Colony Beach Front Homes For Sale 305-395-0814

 Cheers, have the best day of your life

305-395-0814 cell/txt 

Lela Ashkarian, PA, ABR, CRS, GRI, e-PRO
Coldwell Banker Schmitt Real Estate

International President's Circle
11050 Overseas Highway,
Marathon, Fl 33050
Land Line: 305-289-6492,

www.SearchFloridaKeysHomes.com

www.SellMyHomeInFloridaKeys.com 

I listen attentively, I respond quickly, I follow Up and Follow Thru promptly.  Have the best day of your life. Thank you 

The next time you're in a conversation with a friend or family member and they mention that they or someone they know is (looking to buy their Dream Vacation Home  because they are tired of paying rent), simply take out your cell phone, look up my number, and call or text 305-395-0814 me immediately so we can talk about helping them get the advice they need.

Please note that any negotiation communications included in this email does not constitute a contract until it is in writing and executed by both parties.

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Duck Key Florida Keys home for sale, www.SearchFloridaKeysHomes.com