What Does Warren Buffet Think About Buying A Home?

Warren Buffet House Buying article.
What Does Warren Buffet Think About Buying A Home?

John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
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20,000 Page Views

Just checked todays stats. Glad everyone is looking at the real estate information for Amelia Island and Fernandina Beach. We've almost hit 20,000 page views for the blog! John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net www.johnholbrook.blogspot.com

Realty Times - Kitchens Sell a House

Realty Times - Kitchens Sell a House

John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com

www.jholbrook.ameliaislandrealestatelistings.com

Housing Chart Florida

John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net www.johnholbrook.blogspot.com

Remodeling on the rise - Fernandina Beach

Remodeling sentiment rose to the highest level in five years, according to the National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) for the fourth quarter of 2011. Released today, the RMI increased to 46.6 in the fourth quarter from 41.7 in the third quarter. In the fourth quarter, the RMI component measuring current market conditions rose to 48.4 from 43.0 in the previous quarter. The RMI component measuring future indicators of remodeling business was also positive, increasing to 44.8 from 40.4 in the previous quarter. An RMI below 50 indicates that more remodelers report market activity is lower (compared to the prior quarter) than report it is higher. The overall RMI averages ratings of current remodeling activity with indicators of future activity. "As more consumers remain in their homes rather than move in this economy, remodelers benefited from a gradual increase in home improvement activity, taking us to a five-year high," said NAHB Remodelers Chairman Bob Peterson, CGR, CAPS, CGP, a remodeler from Ft. Collins, Colo. "2011 ended on a strong note for the remodeling industry." Current market conditions improved significantly in all four regions over the third quarter of 2011. The RMI reported higher market activity in two important categories: major additions 52.3 (from 45.2) and minor additions 50.1 (from 45.7). Future market indicators in each region also experienced gains from the previous quarter. Two of the indices reported a level over 50: calls for bids at 50.7 (from 45.4) and appointments for proposals at 50.1 (from 43.3), while work committed for the next three months only rose to 31.5 (from 29.9). John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net www.johnholbrook.blogspot.com

Amelia Island Real Estate

WHY DEALS DIE I have seen estimates stating that 29% of deals that go to contract and require a mortgage, don’t close. That number boggles my mind. It means that even after a buyer and seller come to terms on a sale (not an easy feat these days), 3 out of 10 transactions fall apart. What are some of the more common reasons? •Appraisal issues – In many markets, we are still seeing declining values. Appraisers are in a difficult position, and with so many transactions (including seller’s concessions to assist buyers with closing costs) values aren’t always coming in at sales prices. •Short Sales not being approved by the current lender – With so many sellers owing more than their home is worth, buyers’ proposals need to be sanctioned by the lender (who will be receiving less than they are owed). Some of the offers are too low, but often, the lender isn’t local and they really don’t know what the property is worth today. •Bad pre-approvals from the loan officer – Today, loan officers who are not reviewing tax returns, analyzing bank statements, and asking for detailed explanations and documentation on credit blemishes, are truly hurting the customers. Issuing pre-approvals based on the representations of the customer is reckless and a cause for dismay later. •A lack of transparency – Whether it’s a seller or agent not disclosing property issues, or a buyer trying to sneak things by an underwriter, too many people think they can cut corners. That is not the world we live in anymore. Everything is uncovered. Being honest in the beginning, gives you the best chance to overcome obstacles. It is clear by the numbers that closing loans can be more difficult today. However, with proper planning and integrity, many of the challenges can be dealt with early and successfully. Agents documenting values of the homes, loan officers doing complete reviews of the loan profile up-front, and everyone telling the truth helps get deals to a successful conclusion and avoids horror stories. John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net www.johnholbrook.blogspot.com

Michele Cook - Volunteer of the Year

Best Award of the Night - Volunteer of the Year, Nassau County Realtors Highlights: Day Springs - Coordinated and delivered Secret Santa presents to 95 residents at the Day Spring Facilty in Hilliard. Day Spring services mentally handicapped adults who live on-site. Many of the gifts come from fellow people in the real estate community. Each resident receives 3 to 4 wrapped gifts that range from t-shirts and jeans to small electronics. Wolfson Hospital Christmas Charity - packaged, donated and delivered Holiday toy packets for 75 children who were in treatment at the hospital over the holidays. YMCA Amelia Island - Volunteer coach for the youth sports programs. Coached the 3 year olds in youth indoor soccer and the 10 year girls in youth basketball. Also was a main sponsor for the Kids Triathalon event. AINCAR - Co chair of the Community Outreach - Beach Clean up, Food Drive, Homeless Shelter and Senior Spring Clean Up Leadership Academy, Special Olympics volunteer, Involved with Katie Ride/Walk, On Site volunteer for Tim Tebow Classic to support Numerous Charities as well as the The Players Championship Golf Tournament John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net www.johnholbrook.blogspot.com

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Amelia Business Network Newsletter
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John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com

96414 Springwood Lane

Check out this low country, custom home built in 2007 with over 3000 square footage of living space and two master suites! The kitchen is fully upgraded with granite, 42' cabinets, stainless steel appliances and tile. It opens up nicely to the family room that has a gas fireplace with stone accents. The first floor master bedroom has reading area and bathroom with separate tub and shower. Other nice features include upstairs bonus with bath or 2nd master, wood staircase, side entry garage, window treatments and front and back porches. All this in the live Oak-lined waterfront community of Waters Edge! $350,000 John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net www.johnholbrook.blogspot.com

Woodberry Lane

Located in "The Preserve" at Summer Beach. Beautiful community pool and short walk to the beach. The Pinehurst plan features a split bedroom design, open living space and plenty of natural light. Upgrades include custom built-ins, solid surface kitchen counters, extensive tile in living areas, fireplace and 3 full bathrooms. Triple sliders from the living room disappear to extend the tiled and covered lania area. 3BR/3BA plus office/study with french doors. Home is tiled throughout main living and study. Water softener. All lawn maintenance included in community dues. The best of Summer Beach. Gated community with membership available to the Golf Club of Amelia. $350,000 John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net www.johnholbrook.blogspot.com

1702 Atlantic Avenue, Fernandina Beach/Amelia Island, FL 32034 :: Prudential Chaplin Williams Realty

Large, ranch style on a huge Atlantic Avenue lot. Lot "may" be large enough to divide for a lot on Atlantic and a lot on 17th. Home needs work and price reflects value of Atlantic Avenue lots or size of existing lot...of unusual size in prime location. Owner will finance or look at cash offers. Owner financing at $75000 downpayment, 6% interest, 30 year ammortization with a 7 year balloon. The home is being sold in as-is condition...right to inspect, of course. (Note, will require 60 days to move after all contingencies are satisfied.)

$350,000

1702 Atlantic Avenue, Fernandina Beach/Amelia Island, FL 32034 :: Prudential Chaplin Williams Realty

John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com

Amelia Island Area Property Search

Dont miss this opportunity to own this spectacular marsh front estate. This home has it all. Over 8000 sq ft in the main home and an additional garage workshop that is over 3000 additional sq ft and can house up to 6 cars. This estate has over 6 acres of marsh frontage and is only minutes from the island.
$1,975,000
Amelia Island Area Property Search

John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com