Blog: fort myers

Is Buying a Home a Wise Choice?

As the nation continues to rebound from the burst of the housing bubble, credit crisis, and millions of foreclosures across the country, you may wonder if buying a home in Lee County is a good idea after all. However, it’s important to consider all of the facts.

The housing market, like every type of market, unavoidably has its ups and downs.

That doesn’t mean buying a home is a bad investment. As a long-term investment, homeownership is still one of the best investments for individual households.

Historically, real estate has consistently increased in value, despite shorter periods of depreciation due to local markets and/or national economic conditions. Depending on the location and market variations, homes can generally appreciate about 5% per year.

 

 

Savings & Investment 

Five percent may not seem like a great return on investment, but you have to think about it in the context of the situation.

For example, let’s say you put 10% down on a $200,000 house. 

That’s a $20,000 down payment, or initial investment. At a 5% annual appreciation rate, your $200,000 home would gain $10,000 in value during the first year. Earning $10,000 on an investment of $20,000 is a whopping 50% return.

For further perspective, let’s say instead of spending that $20,000 on a down payment, you invested it in the stock market. With a 5% return, you would gain only $1,000 in profit.

Tax Benefits

A home may have a higher return, but that’s before you consider all of the costs of home ownership, such as taxes, etc. Well, think of it this way: your property taxes and the interest on your mortgage are both tax deductible. You can deduct those costs from your income, thus reducing your overall taxable income.

Other Benefits

It’s easy to get carried away with all of the economic reasons for home ownership, but it’s important to remember that not every benefit is financial. Have you ever wanted to paint the walls of your apartment? In most cases when you rent, you can’t or you have to choose neutral, earthy colors.

Has anything in your apartment ever needed updating, but the landlord refused to do it? When you own a home, you can make the space yours in almost any way you want. And you benefit when you do home improvements, both financially and psychologically. Homes generally have more space, for storage, living, etc. than other living arrangements. Not to mention that you have space outdoors for barbecuing, gardening, pets, and kids. Owning your home carries with it a sense of pride and accomplishment.

So when you’re considering buying a home, consider the broad range of benefits that owning a home can have. And always make sure you have an experienced real estate agent and loan officer to help make sure you’re getting a home that is right for you, both financially and emotionally.


Assist-2-Sell can sell your home for less. We are a full-service broker for significant savings with flexible, cost-saving solutions to sell your homeYou receive complete service from listing to closing. We are permanent year-round residents of Fort Myers, and we are proud to be a family owned and operated business serving Lee County for more than 30 years.

If you're on Facebook, be sure to Like Assist-2-Sell Partners Realty's pageConnect with us on Twitter @Assist2SellSWFL for real estate listings, reads and more.

4 Steps to Getting the Highest Price For Your Home in the Shortest Time

In order to get the highest price for your home in the shortest amount of time, you need to know how to market your home. The better you home is marketed, the more likely you are to get an offer that will bring you the price and terms you want.

If you're looking to sell your house in Lee County, we can help. We have sold thousands of homes right here in Southwest Florida. Below are 4 steps we recommend following to get the highest price for your home in the shortest amount of time. 

1. Pricing is the most important factor in marketing your home. The price should be based on your property’s value in the current marketplace. It's important to compare with other similar houses and recent sales. If your property is not priced realistically, buyers will not be attracted to it.

2. Condition is another critical factor that plays into selling your house quickly.

  • Make sure that your home looks ready to be sold.
  • Fix any defects (peeling or faded paint, cracks, stains, etc.). Condition alone can sometimes prompt fast buying decisions.
  • Not only should you fix any defects, but consider upgrading your home by making major repairs and cosmetic improvements before selling.
  • Provide details of any major upgrades or improvements you have made to your home so buyers can see the value you have added.
  • A nice looking home triggers an emotional response that can lead a buyer to make an offer.

3. Negotiate fairly on price and terms for all parties involved. Terms are another factor that can  attract buyers. If you insist on getting your asking price, think of what else you can offer to the buyers. Consider things like moving dates, seller-finance options, or crediting buyers for new carpet or paint to help support your listing price.  

4. Get the buzz out about your home. List your house with an experienced, professional, full-time agent who can market your home in many ways, including internet and MLS listings. On your own, help your realtor get the word out. It should always be visible to passersby that your house is for sale, whether it is through signs, or telling friends, family, and acquaintances.

Are you looking to get the most money for your home while spending the least amount to sell it? If you answered yes, let's talk! Contact Eric at 239-561-2500 or by email at eric@wesellleecounty.com.


Assist-2-Sell can sell your home for less. We are a full-service broker for significant savings with flexible, cost-saving solutions to sell your home. You receive complete service from listing to closing. We are permanent year-round residents of Fort Myers, and we are proud to be a family owned and operated business serving Lee County for more than 30 years.

If you're on Facebook, be sure to Like Assist-2-Sell Partners Realty's page. Connect with us on Twitter @Assist2SellSWFL for real estate listings, reads and more.

Finding The Right Real Estate Agent

Working with the right agent is vital when it comes to selling your home. It’s important that you know all of your options when it comes to choosing a realtor — especially if they can save you money. At Assist-2-Sell, our realtors work to save you money. We are your full-service broker for significant savings.

Not all agents work the same way, and it’s important to understand the differences when choosing an agent that will work the best for you.

It's important to work with an agent that is well-connected to your local real estate industry. The agent should know the market and be able to provide information you with thorough information on past sales and current listings.

At Assist-2-Sell, we are all permanent residents of Southwest Florida. We are a family owned and operated business that has been actively working in the local real estate market for more than 30 years.

When you choose Assist-2-Sell, you will always receive complete service from listing to closing. Our full-time professional brokerage provides quality service without the high commissions. Our goal is to sell your home and help keep more money in your pocket.

Are you ready to sell your home? Let's talk! Call and ask for Eric at 239-561-2500 or send me an email at eric@wesellleecounty.com.


Assist-2-Sell can sell your home for less. We are a full-service broker for significant savings with flexible, cost-saving solutions to sell your home. You receive complete service from listing to closing. We are permanent year-round residents of Fort Myers, and we are proud to be a family owned and operated business serving Lee County for more than 30 years.

If you're on Facebook, be sure to Like Assist-2-Sell Partners Realty's page. Connect with us on Twitter @Assist2SellSWFL for real estate listings, reads and more.

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Eric Potts
Assist-2-Sell Partners Realty
8361 Village Edge Circle #2
Fort Myers, FL 33919
Phone: 239-561-2500
Email: eric@wesellleecounty.com

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Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.