The Tampa Outlet Mall & Local Real Estate!

CLICK HERE FOR FEATURED LISTING!

 

The Grand Opening of The Tampa Outlet Mall is fast approaching. Potential buyers, current residents and business owners in the area are continuously buzzing about the growth and positive impact the Mall will have on the Wesley Chapel/Land O Lakes area.

The real estate arena is certainly anticipating the launch of the Tampa Outlet Mall.  The overall value of the area is expected to increase. So the question is now, where to buy within the area that will still be an affordable option. One of the options is Ashton Oaks in Wesley Chapel.

This community is close enough to all of the festivities, attractions, restaurants, grocery, and much more, without being the heart of it all. Taxes are reasonable, there are no CDDs within the community, and the HOA dues are less than $55 monthly. Click here to check out a list of the current homes for sale within Ashton Oaks in Wesley Chapel.

FOR SALE ~ Home w/Large UnSpoiled Back Yard

In one of the desirable communities at Oak Creek in Riverview, you can find a home with a little of untamed land with trees and shrubs in it’s back yard. Some Buyers may see this backyard as a tumultuous project, while others will see it as an opportunity to personalize and yardscape. Yes, Yardscape. Changing the Landscape of your Yard to your own personal tastes.

Not everyone has the green thumb and vision to get this done. Also, there are rare instances where you find a yard large enough to fulfill this dream. Look no further. A home in Oak Creek in Riverview, Florida may be a YardScaper’s dream.

Within the Harvest Glen Community, a smaller community of the Oak Creek Subdivision, awaits a beautiful 2-Story, 2,825 sqft home built in 2011. Not only is the home a young structure with a contemporary flare and tons of upgrades, it sits on almost a 1/3 of an-acre. Half of the yard was inherited from the Builder as unspoiled forestry. However, the new owner of this home can repurpose the yard into a meaningful oasis. A pool, basket ball court, a walking trail or a jungle area where the kids can get lost and have bond fires. Whatever you, the space lends to your vision.

Below is a video of the home. Please click here for detailed MLS information and pricing. This home is waiting for you. To schedule a private showing call or text 813-419-7009 today!

CLICK HERE TO VIEW VIDEO!

Gloria Walters, PA, REALTOR
Charles Rutenberg Realty
813-419-7009, www.gloriawalters.com

Estancia Move-In Ready Homes ~ July 2015

NOW
Florence – Spanish, 2383 s.f. (3/2.5/den/bonus/2-car/2-story)
CLICK FOR VIRTUAL TOUR
Was $348,420 , Now $334,900
MLS ID: T2734980: 4024 Medicci Ln

JULY 2015
Florence – Italianate, 2402 s.f. (3/2.5/den/bonus/2-car/2-story)
Was $361,025, Now 344,900
MLS ID T2758705: 4033 Medicci Lane

JULY 2015
Milan – Italianate, 2495 s.f. (4/2.5/bonus/2-car/2-story)
$349,900,

MLS ID T2760694: 29259 Perilli Place

AUGUST 2015
Milan – Italianate, 2379 s.f. (4/2.5/loft/2-car/2-story)
$349,900
MLS ID T2762723: 4064 Medicci Ln

 

Call Gloria Walters, PA at 813-419-7009 or email info@gloriawalters.com for more information.

Move-In Ready Home Close to MacDill Air Force Base!

 

Click Here for Video

Located on the cusp of Brandon and Riverview, this move-in ready Taylor Morrison home awaits its new owners. This home features four bedrooms, two and a half bathrooms, 2,825 square feet, three car garages, and a large lot with over 1/3 of an acre.

From the moment you pull into the driveway one is greeted by a contemporary home with a Travertine Walkway, large front porch and an appealing landscape. As you open the door, you are welcomed by 18’X18’ Spanish Tile at the Foyer and dark maple wood flooring leading to the updated living spaces on both sides of the staircase. From the entrance one can also admire the voluminous ceilings, crown molding, modern light fixtures, neutral paint colors, and the many windows that illuminate the space with natural lighting. The living room is equipped with built-in surround sound speakers and media outlets for entertaining. The gourmet kitchen boasts an eat-in kitchen space, dark cherry cabinets, stainless steel appliances, Granite Countertops, Spanish tile flooring, Noce tile Back Splash, and Noce tile at the Breakfast Bar. Also located on the first floor are the formal dining, great room, large laundry room, powder room, and under stairway storage.

Four bedrooms and two full bathrooms can be located on the second level. The massive master suite features a Tray Ceiling with fan, large windows emitting natural lighting, two large walk-in closets and a spa-like En Suite. This respite offers dual vanity space, a water closet, garden tub, and standalone shower with a rain-shower head. The three remaining rooms are spacious with complimenting closet space.

The backyard is also adorned with Travertine Tile, covered lanai, outside speakers, and ceiling fan for a wonderful outside entertaining area. The 0.31-acre home allows plenty of room for future home additions including a pool. With only 60 homes in this community, it’s centrally located and offers a short commute to MacDill Air force base, local river and boat docks, Lithia Springs, Camp Christina, Ellenton Mall, Brandon Mall, Local Hospital and many more shopping areas and points of interest.

Please call 813-419-7009 or email info@gloriawalters.com to schedule your private viewing today!

To Contribute to Buyer’s Closing Costs or NOT!

 

Is there a defined rule when it comes to closing cost assistance for financing buyers? Many might think there is an industry standard to expect. Buyer’s closing costs assistance or seller’s concessions are always a topic of discussion in any financing negotiations. Why not? If the Buyer is purchasing a home and paying for the down payment, closing costs, home inspections, appraisal, HOA applications, etc., a little money saved can go a long way. Thousands of dollars just vanish from the buyer’s pocket. I’m not saying it’s not worth the investment, but if the Buyer could save a little in their pockets, then Why Not?

Any new buyer I work with, I’ll explain to them that we’ll ask the seller to contribute and pay for up to half of their closing costs. In some cases, I can negotiate that all of their closing costs be paid. On the selling side, when I represent a seller, the seller’s net sheet is calculated to include 3% seller concessions as a variable cost. It’s not mandatory, but if a Buyer asks, at least the seller is able to make concessions as they see fit.

I never really gave this practice much thought until I submitted an offer on a property for one of my Buyers recently. The listing agent countered our offer stating that the Seller won’t contribute to our closing costs. The listing agent further explained that she never asks for closing costs for a buyer or recommends a seller to contribute to the Buyer’s closing costs unless it’s a foreclosure or new construction property. Foreclosures and new construction purchases are easy outlets to obtain closing cost assistance for the Buyer. New construction builders almost ALWAYS offer seller concessions as part of their appeal to Buyers. I was certainly taken back by her real estate practice. She eloquently added that, if a Buyer wants to buy a home, they should the necessary money saved to cover all costs. I chuckled to myself.

Perhaps this is the service she provides to her clients, but I feel this is a Disservice. Saving a few thousand dollars for a Buyer shows that you care. It shows that you understand that even after the  home purchase, there’s money that goes towards cosmetic improvements, furniture, utility connections, among other items. It hurts my heart that this is her belief and practice. I feel this is why when I speak to so many Buyers, they feel that home ownership is out of reach. They feel that they cannot afford it, and have to save for years. They eventually give up on this dream because of kids, bills, and other items that may slowly nibble at their saving opportunities.

I believe that Home Ownership is a dream. As your Real Estate Professional, it’s my job to make this dream come true. Anyway I can.

If you are wondering how to begin the journey to home ownership, call me today at 813-419-7009 or email me at info@gloriawalters.com.

Photo credit: www.totalmortgage.com

Mortgage borrowers find it a bit easier to qualify

NEW YORK – May 13, 2015 – Lenders continue to loosen standards on home loans. Government and jumbo programs saw the most easing, while conventional conditions tightened.

At 122.0, the Mortgage Credit Availability Index (MCAI) was higher than it's been in at least four years, and possibly five years based on a historical graph.

An increase in the index – which provides a standardized quantitative index solely focused on mortgage credit – indicates that lending standards on home loans are loosening.

The Mortgage Bankers Association reported the index based on data from Ellie Mae Inc.

March 31, 2012, has been established as the base period, with an index of 100.

The index was up for the third consecutive month from 121.4 in March.

As of April 2014, the index was 113.8.

"The increase was driven by new offerings of FHA's 203K home improvement program, new VA offerings, and new jumbo products," MBA Chief Economist Mike Fratantoni said in a written statement. "The increase was partially offset by some investors tightening underwriting criteria on conventional cash out offerings."

But while the trend has been improving, credit standards remain nowhere near levels during the pre-crisis go-go years – with the index estimated to have been approximately 880 in 2006.

The Government MCAI rose 1.1 percent from March, the best month-over-month improvement of any loan type.

A 0.8 percent rise was recorded for the jumbo index, while credit standards on conforming loans eased 0.2 percent.

The only category to tighten was conventional, with that index contracting 0.6 percent.

Copyright © 2015 Mortgage Daily. Distributed by Tribune Content Agency, LLC.

FOR SALE ~ New Tampa Home in Sterling Manor

 

Click Here to Watch Video

Looking for a move-in ready home, in a maintenance free community in the Tampa Palms area, this home is the perfect choice. Completely renovated, with lots of updates and upgrades, this home offers 3 Bedrooms, 2.5 Baths, an optional 4th bedroom/den/office and screened-in deck. As you enter the home, you are welcomed with a 2-story, opened entrance, with large windows from the floor to ceiling. A formal dining room, with a wall inset for added decorations along with a bay window with sitting space. The first floor also features an optional 4th bedroom, a spacious living room, double sided fireplace, oak wood flooring throughout, recessed lighting, full kitchen with stainless steel appliances, closet pantry, and updated light fixtures.

The second floor is covered with plush carpet from the staircase to the bedroom closets. The second level, split bedroom floor plan includes 2 bedrooms, and a master suite that is separated by a guest bathroom. The master suite features windows that allow a lot of natural light, ceiling fan, tray ceiling, and two closets with one being a walk-in closet. The master bathroom will be your favorite place, with a water closet, garden tub, separate shower, linen closet, and double vanities. This home sits on a conservation of wooded charm. Not to mention the community is a maintenance free community where the lawn is trimmed routinely and the overgrown trees are pared bi-annually.

For more property details, call 813-419-7009 or email info@gloriawalters.com.