Kelly Klein's (kellyklein) Blog

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Real Estate Agent - Berkshire Hathaway HomeServices | Pen Fed Realty - 3107554
Gulf Place is located at the corner of Hwy. 393 and Hwy. 30A in Santa Rosa Beach, Florida.  It is a wonderful community with a mixture of condos, homes, and townhomes.  It also offers owners a pizza parlor called Amore Pizza, Miss Lucille's Beach Bar and Gossip Parlor, the Naked Grape Wine Bar, T...
I just checked the statistics for the month of January and I only looked at condo sales from Destin to the end of Hwy. 30A ending in Rosemary Beach and there have been 63 sales with 45 more pending just in the first month of January 2011.  On average these are selling for 90% of list price overal...
Understanding Short Sales Q.  My neighbor bought a short sale.  It seemed to take forever, but they got a great deal and now I think I want to buy one too.  What exactly is a short sale? A.  A short sale is when the seller owes more on the mortgage than the property is worth in today's market.  S...
I say Oh Canada, because my Canadian Friends, where are you?  Canadian dollars are currently trade very close a what we call "pair" meaning 1 US dollar for 1 Canadian dollar. This is great news for you.  On our last forex updated , the CAD was trading around 0.9992. Inventory levels are still goo...
OMG, the market is back here in the Panhandle of Florida.  Deals that your REALTOR know about can be yours.  Make sure you work with a REALTOR who is plugged in to prices and how to negotiate and what to offer.  Yes, sometimes you may have to pay more than what the list price is.  Why?  Because y...
All buyers must be prequalified when making offers on foreclosures and REO or short sale properties.  This is an example of a questionnaire that you will be asked to fill out.   Prequalification Questions for Prospective Buyers - Blank PRE-QUALIFICATION QUESTIONNAIRE HOUSING REQUIREMENTS How many...
FHA Financing - Advantages and Disadvantages ADVANTAGES: LOW CASH OUTLAY The downpayment required on FHA loans Is usually lower than on conventional loans and the buyer's closing costs are generally lower on FHA loans than conventional loans. The FHA buyers may make a cash investment as low as 3%...
We still have an overabundance of condos for sale in the Panhandle. Just in Destin alone there is an 80 week supply of them on the market currently.  That is over a year's worth of supply.  Average days on the market are 301 and you can expect to get a 10% discount out the door. Need to know whic...
    VA Certificates of Eligibility/Maximum Loan Amounts MAXIMUM VA LOANS: While the Veterans Administration sets no maximum VA loan amount, most private lenders have adopted a policy to loan only four times as much as the maximum guarantee from VA with zero down. With a loan guaranty of $60,000, ...
VA Financing - Advantages and DisadvantagesADVANTAGES: LOW CASH OUTLAY: Veteran buyers who have not previously used their home loan benefits may obtain loans up to $417,000 with nothing down. They may purchase homes greater than $417,000 by making down payments on top of the $417,000 VA loan. Som...

Kelly Klein

"Doing Great Things Today to Improve Tomorrow"
smartphone(850) 420-2480
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