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Key Solutions Real Estate Group

6021 Midnight Pass Rd, Sarasota FL, 34242
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January 2013

Found 5 blog entries for January 2013.

House hunting can be an absolute blast! From fantasizing about how you'll decorate your beachfront Siesta Key condo to dreaming of raising a family in your new Lakewood Ranch home, it can be one of the most fun things you'll ever do. As thrilling as searching for a new home can be, it can also come with huge responsibility and, sometimes, a great deal of stress. There are so many things to watch out for when searching for the next place you'll hang your hat. The following tips are simple and to follow and will have you feeling more confident in your decision. After all, it is one of the most important ones you'll ever make! Coming across one or two of the following conditions shouldn't completely steer you away fro


Look out for signs that the home is

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One of the most common questions that we receive as mortgage brokers seems to be directed towards financing Sarasota condos for sale. Most clients want to know the minimum amount that can be put for down payment. (Loan to value)

Generally, for a primary or secondary residence the minimum down payment is 20 percent, for an investor the requirement would be 25 percent.  When a borrower chooses a lower loan to value, the condominium is subject to a full review by the lender. Some of the expectations of the lender that may be included are as follows: 1. No more than a 49 percent investor concentration, 2. No entity can own more than 10 percent of the units, 3 The homeowners association dues cannot have more than a 15 percent delinquency in payments. 4. The

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Sarasota Kitchen DesignThat old kitchen seems to have been placed as an after-thought by the home builder. It is cramped for working space, there isn't enough storage in the cabinets, and it is just not an appealing place to spend your time. This holds true in our town, one of the biggest complaints about the Sarasota homes for sale are the kitchen setups. This is even more magnafied in our Siesta Key condos that were built in the 1960's and 1970's. There are some great improvement ideas out there, but many of those do not come cheap! If you are like most homeowners you will be looking to relocate within the next several years, so how do you scope out your kitchen remodeling plan without pricing your home out of the local market trying to recover that cost later?

Not Going To

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2013 Sarasota Real Estate TrendsThe housing market seems to be on the mend quite a bit faster than expected; and Floridians are seeing some market improvements of their own. The Sarasota real estate market for residential property will most likely continue trending upward through 2013- a pleasant New Year’s surprise. Even though the growth seen in the State of Florida may be slower than the sales growth seen in the United States, as was stated by leading U.S Economists, Florida’s housing market seems to finally be back- something residents looking to buy or sell have been waiting to hear since the market fell.

The Chief Economist for Florida Realtors, Dr. John Tuccillo discussed at the conference the greatness of the possibilities, which are starting to be realized by people involved

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Sarasota Market ReportThe number of homes available for sale in the Sarasota real estate market has been decreasing and it has caused property prices to rise in 2012. Some experts believe this trend may continue during 2013.

The increase in prices may motivate more property owner to sell, and builders to put up more homes. This would result in more homes being available for purchase.

In recent years prices of properties were lower by more than 30 percent, after reaching the 2006 pinnacle. Since that time property has usually been sold by people who were in a situation that forced them to sell. In 2012 real estate prices increased over 6 percent, when compared with the same time during the previous year. Experts believe the trend of rising real estate prices will continue

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