Buying Tips

Investment Properties in Ponte Vedra Beach

Posted on by Lisa Barton

When looking for an investment or vacation home, there's no place better than Ponte Vedra Beach! A hidden gem with miles of beaches, and world class golf, Ponte Vedra Beach is the perfect place for luxurious resort-style living. Ponte Vedra has easy access to theatre, boating, fishing, fine dining and even professional sports teams. Both single-family homes and condominiums make excellent options for vacation homes and investment properties.

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Mortgage Pricing Not Tied to Fed Action

Posted on by Lisa Barton

There's so much speculation in the market with the talk of the Federal Reserve rate cut. Here’s what Mike Hendrickson, Sr. Mortgage Consultant at U.S. Bank, had to say:

Mortgage pricing is not tied to Fed action. This may come as a surprise to many who mistakenly believe that Fed rate cuts are immediately tied to mortgage rate pricing. That correlation is untrue. See, the Fed rate cut yesterday of .25% (25 Basis points) does not equal a mortgage rate cut of 25 Basis Points. 

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What is the Rate?

Posted on by Lisa Barton

We asked our favorite loan officer to lend some insight into "What is the rate?" Here's what he had to say:

That’s the first thing most buyers want to know when looking for a mortgage. The answer is not always so simple and will depend on the time of day and the events of the market on any given day. That's why going online for rate information can be confusing. The best way to find out the rate you qualify for is to get up-to-date information from your mortgage professional. He or she will walk you through how the financial markets are performing, and the key factors that impact rates.*

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Mortgage Rates - What’s in Store for Ponte Vedra Beach Mortgages?

Posted on by Lisa Barton

Most home sales in Ponte Vedra Beach make use of a conventional or jumbo mortgage. We asked our favorite loan officer for insight into what to expect next year for mortgage rates. Here's what he had to say:

Forecasts for mortgage interest rates for 2019 and beyond are all over the map. Ranging from an expectation of between 5.3% and 6% by year end 2019 all the charts agree on one thing - mortgage rates will continue to rise through the next two years! At this time last year, the professional forecasters were predicting that rates would be between 4.375% and 4.75% by year end 2018; however most lenders actually tipped over the 5% rate this past week for the traditional 30 year mortgage.

So, from a recent historical perspective, rates at year end last year were in the 3.75% to 4% range, the first time 4% was achieved consistently in several years. This year was the first time in many, many years that 5% was reached.

Let’s examine what best case and worst case projected increases for 2019 mean for your potential 30 year mortgage if you wait another year to make a home purchase in Ponte Vedra:

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Is a tankless hot water heater for you?

Posted on by Lisa Barton

It’s your turn to take a shower but you’re pacing in circles because all the hot water is gone, oh and its mid-winter and all you want to do is take a hot shower.

Have you ever been in this situation? You might want to consider a tankless hot water heater, also known as demand-type or instantaneous water heater. Tankless water heaters can avoid the standby heat losses associated with storage water heaters. 

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Tesla’s New Solar Tiles Add Value to Homes for Sale

Posted on by Lisa Barton

At the end of 2016, Telsa unveiled their new and highly innovative solar roof tiles. The product looks just like standard roof tiles, but have the same harnessing power as traditional solar panels. The technology is revolutionary, and the environmental benefits that come from its use are incredible. The costs of the roof sound steep at first, but the long-term rewards that come from installation are worth the upfront cost. 

Tesla’s claim is that their roof will cost less than a regular roof, when the benefits of solar production are factored in. Their quote for the solar powered roof on a typical home in Maryland is $52,000. However, with the energy the roof generates plus the tax credits,  “the roof will actually pay for itself and earn you about $8,000 over 30 years” ( The cost of the roof is calculated by adding the price of materials, labor of installation and Powerwall battery. But the value of a completely sustainable energy source built into a home that earns tax breaks and bodes off-the-grid reliability arguably makes up for the upfront cost, and then some!  

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6 Signs You’ve Found the Right New Home

Posted on by Lisa Barton

Love at first sight is not limited to only a significant other, it can happen when seeing the perfect house! From the moment you arrive, there is an instant attraction. The curb appeal is breathtaking and lures you up the walkway and into the house. The feelings only get stronger from there. The house is checking off the major items on the ‘must-have’ list, plus even more. You may think to yourself, “Wow, it’s all moving so fast. Am I rushing into this (house) love affair?”

Here are a few signs you may have found ~The One~:

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