orange park home: How Much Should I Offer once I find the Right House? - 02/02/10 06:25 AM
Realtor Q&A How much should I offer on the house I want?
A: When it comes down to writing an offer, there are several factors to consider.
1. What is the condition of the home relative to others that have sold recently?
2. What other things are you asking the seller to pay for? Closing costs, repairs, interest rate buy downs etc.
3. What have similar homes sold for recently?
4. What is the average list to sale price ratio? In most of the Orange Park and Jacksonville area, the average home sells for 97% of list price.
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orange park home: Get off the Fence! Rates are Going Up! - 06/08/09 02:19 AM
Rates on 30 year mortgages rose to an average of 5.29 percent, the highest weekly average in nearly 3 months.  Interest rates make a HUGE difference in how much home a buyer can afford. 
For example, for an FHA loan with 3.5% down on a $175,000 home, at a 5% rate the principal and interest payment would be $922.42.  At 6%, the P&I payment goes up $1030.21.  That's an 11.6% increase in the monthly payment! 
In other words, you can buy more house for the same payment right now!  The increase in rates plays a much bigger role in affordability than a … (0 comments)

orange park home: Argyle Forest Pool Home under $200K!! 3Beds/2Baths - 07/02/07 05:18 AM
Gorgeous 3bed2bath pool home in Argyle Area. Home featurs a split floor plan, tall cielings, open kitchen looking onto familyroom, fenced backyard, above ground pool with deck, extra deep garage. located on a cul-de-sac all for under $200K
3 Bedrooms - 2Baths -  1657 sqft - $194,900.
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For more information/pictures please visit our website at www.TheLandryTeam.com. Thank you.
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