10 Reason to Own Your Own Home (Video)

10 Reason to Own Your Own Home

#1 Paying rent is not a good investment

#2 It motivates you to become a better citizen and engage in important civic activities

#3 You want more living space to move around

#4 It means having a good place to raise children and provide them with a good education

#5 It provides a good financial opportunity

#6 You can select a community where people share your values

#7 It's a symbol of success and achievement

#8 You start building family wealth

#9 It's investing in your retirement

#10 Owning a home provides tax benefits

Learn more about buying a home by clicking here.

Credits: Keeping Matters Currents

The Phyllis Frankel Realty Group specializes in waterfront and luxury property. The realtors have been in…

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FHA Offering Discounts on Their Loans

Not only do you get a loan with just 3.5% down but you will also be able to save around $10,000 over the life of the loan if you attend classes from the Homeowners Armed with Knowledge (HAWK) program before shopping for your home.

But that is not all!

2 years with no deliquent payments means another 15 basis-point reduction.

How does this work?

Home Buyers must take the class before signing a purchase contract for real estate. Additional classes will be needed before completing the sale. The actual savings will be in "50 basis-point reduction in upfront mortgage insurance and a 10 basis-point reduction in the annual premium cost. Upfront mortgage insurance premiums are 1.75% of the total loan amount, while annual monthly premium…

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Quick Guide to Different Mortgages Available

Mortgages: Different Types Available

Financing is available at all different price points and down payments for your home search. VA & USDA allow for 0% financing but have additional fees and you have to qualify for. FHA loans can be used for a wide variety of products and require just 3.5% down but have additional fees. For the rest you have conforming and jumbo loans that require for the most part 10% down but there are some 5% down conforming loans out there.

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MAJOR Rule Change on Reverse Mortgage | Surviving Spouse Can Stay If...

In the past if the surviving spouse was not on the mortgage then they could face foreclosure in the event of a reverse mortgage. Effective Aug 4th that will no longer happen as long as the surviving spouse continue payments of taxes and insurance. This is a result of the AARP lawsuite versus HUD.

A reverse mortgage is for 62 years old+ homeowners who have significant equity in their home who wish to take that equity out without being responsible for monthly mortgage payments.

Learn more about the decision here.

So if you are considering a 55+ community or retirement home in our area then things just got better for you. Please contact us to help in your home search.

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New 55+ Community coming to Southside of Jacksonville

The Jacksonville Business Journal reports AV Homes has just bought 80 acres near the St. Johns Center. AV Homes is a developer of 55+ communities in the Orlando and Port St Lucie area. They are expecting to have this community up and going by 1st Quarter of 2015.

The reason for the purchase? The Florida division president, David Smith is quoted saying "The move is congruent with the city's stead popluation growth and strong home sales."

Jacksonville has always had a limited number of 55+ Communities for those wanting to own and not rent.

• Sweetwater by Delwebb (Duval County)
• Riverwood by Delwebb (St. Johns County)
• Cascades (St. Johns County)

So I am sure the Jacksonville population will be happy to have another…

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How to Increase Your Chances of Selling Your Home Quickly and For More Money.

When you put your home on the market the key to selling your home is to work with your Realtor in a true partnership. What this means is you need to have open discussions with your realtor regarding their advice and the selling process. What you as a seller may consider as unimportant or not neccessary may be imperative to getting your home sold.

Take into consideration the following issues you may come across in selling your home:

1. Objecting to staging, updating or improving your home if suggested by your Realtor. Your Realtor isn't just suggesting this to get you to spend money. Your Realtor has seen your competition and what has sold. They know what a buyer is looking for in this market and what can be done to put your home more in line with that…

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$1,000 Toward Closing On Purchase of Select Mattamy Quick Delivery Homes

UPDATE: The Phyllis Frankel Realty Group Inc will now credit you the buyer $1,000 at closing of any home purchased over $250,000 when Phyllis Frankel Realty Group Inc is the selling agent. You must mention this blog post and coupon code: 1KCF

Home Search Links to get started:

New Construction Search

Property Search

Condo Search

This special is only available through the Phyllis Frankel Realty Group Inc. Phyllis Frankel Realty Group must be the selling agent on contract in order to earn the $1,000.

This incentive is only available on certain quick delivery homes from Mattamy Homes.

A selection of the available homes include the following:

A 3,288sf home on lot 163 in Rivertown. Known as the "The Zinnia C" floorplan. $329,900.
A…

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$11,200 From Coastal Oaks at Nocatee Tollbrother for Purchase

UPDATE: This special has expired. However, The Phyllis Frankel Realty Group Inc will now credit you the buyer $1,000 at closing of any home purchased over $250,000 when Phyllis Frankel Realty Group Inc is the selling agent. You must mention this blog post and coupon code: 1KCF

Home Search Links to get started:

Coastal Oaks Nocatee Homes For Sale

Nocatee

Twenty Mile Village at Nocatee

Ponte Vedra Beach

New Construction Search

Advanced Property Search

Condo Search

From now until June 27, 2014 Toll Brothers at Coastal Oaks in Nocatee at Ponte Vedra is offering a flexible spending dollar of $5,000 and supplier incentive savings up to $6,200 on new construction.

The $6,200 savings is from minimums that must be spent on certain…

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Nocatee, Durbin Crossing & Pablo Bay New Construction |Get up to $15,000 toward Options and Closing Cost

This summer sales event ends July 30, 2014. Now is the time to buy and use that extra money to pay for closing cost or add the wood floors you always wanted. This special is from Providence Homes by Bill Cellar on the Aspiration & Pinnacle Collection pre-sale homes. That means the spec homes (already built) are not included.

You will find Providence Homes in three location east of the St. Johns River in Jacksonville, St. Johns and Ponte Vedra.

Durbin Crossing - Ranging in price from $335,000, you will find 100% energy star homes with lots running from 53' - 83'. Get into St. Johns county with lower property taxes and award winning schools.

Legendary Run/Crosswater at Pablo Bay is just a minute or two from the Mayo Clinic off of San Pablo Rd in the…

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Possible Deals on New Construction Duval County in Jacksonville FL

ICI Closeout on 2 New Communities and Starts 1 New One

You usually get some of the best deals on new construction when it is a "spec home" or when the builder is looking to close out on a community as is the case with Palermo and Highland Glen.

Palermo has 5 lots left. It a small upscale community off of Hodges Blvd in the Intracoastal West area. You will find beautiful mediterranean homes with tile roofs starting in the mid $300's. Amenities include community pool, finess cetner and summer pavilion.

Highland Glen only has 1 lot left. It is also a gated community close to Hodges Blvd but located off Beach Blvd. Upscale homes start in the mid $300's. You also will find a pool, playground, fitness center andd putting green.

The best thing about…

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