Estate Home Values

Welcome to EstateHomeValues.com, the Carpenter / Kessel Homeselling Team's daily blog of the latest sales and properties of interest as well as real estate tips, trends and a wealth of information for the Seller or Buyer of a Luxury Estate Home.

Estate Home Values DeWayne Carpenter & Kirk Kessel Estate Home Values

With over 40 years experience selling luxury real estate in Brevard County, Florida we are personally invested in seeing this community thrive and prosper.

Our goal is to educate sellers and buyers, raise consumer awareness on changing market conditions and level the playing field for BOTH buyers and sellers. If this Blog has "struck a cord" with you, then we are confident that we are the best agents for you to work with either buying or selling.

Estate Home Values
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Archive for September, 2009

09.18.09

New Private Listing

Riverfront Estate, 6000sf Home, 1.33 acres with 240ft of frontage on the Indian River for $1,800,000.

Great opportunity to buy a piece of pristine Florida. This 6000 sf mid-century home was built on a grand scale with generous sized rooms, 5 fireplaces, 5 bedrooms 5.5 bathrooms with a hidden stairway to an amazing media / den with it’s own bathroom and river views (classified as a bedroom). A great house with good bones for a remodel.

The main appeal of this property is it’s situated on two Indialantic Lots that could possibly be separated. Click on the picture for more information.

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09.16.09

Low Rates on Jumbo Mortgages

I just got the news from my wholesale lending consultant…he can now lend at 4.25% for a 5 year ARM and at 4.625% on a 7 year ARM with loans up to $850,000 with 30% down. The loan values can go up to $1.5 milion with 35% down. This program requires the borrower to have a 660 credit score for a primary residence and a 680 credit score if lending on a second home.

If you are looking for a lender for a purchase or refinance, you should contact Bryan Troy.

 

Bryan Troy

Morgan Financial

Senior Loan Consultant

321.544.7239

btroyrefi@yahoo.com

bTroy

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09.14.09

Low Prices + Low Rates = Buy Now

Rates for home loans remain low – but it won’t last forever. The Fed continues on their purchasing plan of Mortgage Backed Securities, and the added demand has kept Bond prices high and home loan rates low. Last week, they purchased another $32.4B, bringing the total to $849B out of the $1.25T they committed to. While these Fed purchases have helped home loan rates stay near present low levels, remember that their buying program is set to be over near the end of the year. There is talk that the program will be extended – but there has also been talk that it will end early – so nothing is a guarantee, except for the fact that when the Fed purchasing program is over, home loan rates will assuredly rise.

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09.02.09

Production

The DeWayne Carpenter Homeselling Team has sold $7.4 million worth of beachside real estate so far in 2009.

We have had success with sellers, selling homes fast and for top dollar. We have had success with Buyers, finding amazing deals. We feel we can continue to produce the same results for new clients, contact us for a free consultation.

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