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Wednesday, 30 September 2009
 

Address: Eagle Harbor
1667 Waters Edge Dr
Fleming Island, FL 32003
Price: $389,000
GORGEOUS 5/4 HOME ON EAGLE HARBOR GOLF COURSE!
This stunning 5 bedroom 4.5 bath home is located on the award winning Eagle Harbor Championship Golf Course. The screened lanai overlooks the 17th tee box! This home has a separate living room and dining room with spectacular views. There is an open floor plan for the kitchen/family room that has a gas fireplace and built-in bookshelves. The kitchen also has upgraded 42" kitchen cabinets, ceramic floors, and crown molding. There are various floor types throughout the house. There is a bonus room with a full bath. The master bedroom has a beautiful view of the golf course, his and hers walk-in closets and an amazing garden tub in the master bathroom. This home sits on a corner lot and has a side entry garage.
If you are interested in this property please contact Jeffrey Perkins of Perkins Realty at 904-278-7779!!
Always remember, Pick The Perkins for all of your real estate needs!!
Wednesday, 23 September 2009
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This beautiful and stately two story 5/3.5 Sid Higginbotham home has just sold!! There are custom touches throughout include high ceilings, crown molding, recessed lighting, ceiling fans in BR's, plantation shutters, Kitchen w/solid surface counter tops, SS appliances, 42'' maple cabinets, center island with smooth top range, great for cooking and entertaining. Large windows compliment the carefree landscaping & great views!
Contact us or visit our website for more great homes for sale or rent!!
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Monday, 21 September 2009
President Obama released his budget proposal this morning. A small section of the sweeping budget plan has the potential to become a major impediment to a recovery in real estate markets across the nation. NAR is 100% opposed to the provision that modifies the Mortgage Interest Deduction and is prepared to use its formidable array of resources against its enactment.
As currently drafted, the plan changes the Mortgage Interest Deduction by reducing the amount of mortgage deductibility on families earning over $250,000. This proposed change in the Mortgage Interest Deduction will result in further erosion of home prices and home values. If this proposal is enacted it will set of a new round of price depreciation, will cause greater distress on the balance sheets of banks as the collateral value of mortgage backed securities declines. A second credit crisis could emerge before the first one is resolved.
NAR has launched a multiphase plan of action to eliminate this provision from the budget plan. NAR has sent letters to President Obama, to all members of the United States House of Representatives and the Senate, and placed advertisements in the publications read by Washington, DC decision makers. Additionally, NAR has formed a coalition with other groups affected by this proposal.
Most members of Congress have also opposed the proposal. To date, limits on itemized deductions have not been part of the legislative agenda. Note, however, that in August 2009, the Congressional Budget Office (CBO) has released its annual report identifying possible revenue sources. The CBO report is NOT legislation; it is more like an academic exercise to explore options.
Friday, 18 September 2009
Washington, September 14, 2009
The National Association of Realtors® is calling upon its 1.2 million members to urge Congress to extend the successful homebuyer tax credit into next year.
Since its inception earlier this year, the $8,000 first-time homebuyer tax credit has brought 1.2 million new buyers into the market—350,000 of whom would not have purchased a home without the credit, according to NAR. The credit is due to expire November 30.
“Now is the time for Congress to keep this recovery going by extending the tax credit through 2010 and making it available to more homebuyers. We have all seen how the credit has been a spur to bring homebuyers into the market, and have seen the beginnings of a real recovery in the housing market. Housing has always led this nation out of economic downturns, and can do so again,” said NAR President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth.
Realtors®, the leading advocates for homeownership and housing issues, will be writing to their Senators and Representatives to tell them of the successes with the tax credit thus far and to press them to extend and expand it now.
McMillan added that the market has improved, but it has not yet fully corrected itself. “The credit needs to be available for an additional period of time in order to sustain the progress that’s been made so we can continue to see our markets fully recover. Uncertainty about the future of the credit will dampen consumer demand. The only way we can assure that the progress we've made can continue is to extend the credit and to do that now,” he said.
As the current deadline for the credit looms, potential homebuyers need to complete a contract, satisfy any contingencies, secure financing and go to closing by November 30. In today’s market, NAR estimates that it generally is taking between 45 and 60 days from contract to closing.
“That means potential homebuyers who qualify must act now, and so must Congress,” McMillan said.
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.2 million members involved in all aspects of the residential and commercial real estate industries.
Friday, 18 September 2009


Address: Weston Subdivision
1819 Weston Circle.
Fleming Island, FL 32003
Price: $200,000
This is a spacious 3/2 well maintained one owner home. Some of the man features of this home are walk-in closets in all Bedrooms & in hallways, lots of windows for viewing the park-like yard. Large Great Room has vaulted ceiling & corner Fireplace w/mantle & art niche above. Master Ste. features double vanities & garden tub. Kitchen has Granite counters. Large patio has vine covered Arbor overhead. Private back yard. New air handler June, 2008.

Address: Foxmeadow Subdivision
1042 Cacutus Cut Rd.
Middleburg, FL 32068
Price: $365,000
This is a gorgeous custom 5/4, full stucco home. Many of the must have features of this home are covered front porch, screened lanai, extra large parking area, salt water pool w/ fiber optic lights & automatic robot cleaner, large garden fountain, shed with electricity, 10x10 kennel, fully fenced yard on the edges of a creek and Jennings State Forest in your backyard. This home also includes custom cabinets, fans & lighting, & custom brick gas fireplace, a built in alarm system that is owned just waiting to be activated. All appliances have been upgraded in the Kitchen. The house also has Berber carpet & tile throughout. The family room is wired for surround sound.
Master Bath has dual head shower & large Jacuzzi tub, all commodes are elongated making them larger, 2 water heaters, Laundry room has deep sink & wired for freezer, washer/dryer. There are French doors w/ built in blinds, lots of mature trees, and the home borders Jennings State Forest. Amenities include tennis courts, basketball courts, soccer field, baseball field, horse walking area, walking & jogging paths, large playground with rock climbing wall, covered pavilion areas with grills great for picnics!! Bring the whole family!! HOA is voluntary $35/yr.
If you are interested in either of these properties please contact Jeffrey Perkins of Perkins Realty at 904-278-7779!!
Always remember, Pick The Perkins for all of your real esate needs!!
Friday, 11 September 2009
(Fleming Island, Florida) Jeffrey Perkins, REALTOR with Perkins Realty, has achieved professional status as a Licensed Real Estate Broker. The Department of Business and Professional Regulation of the State of Florida issued the license last month.
Real Estate Brokers are required to pass an extensive examination that test for real estate knowledge and real estate transaction skill. Broker licensees are required to attend a 72-hour pre-licensing course and pass a final course exam, before taking the state test. The State of Florida allows Real Estate Brokers to transact business as their own entity, whereas Real Estate Sales Associate licensees are required to transact business as a Broker's agent. Real Estate Brokers who choose to affiliate with another Broker rather than run their own brokerage are referred to as "Broker/Associates."
Jeffrey joined The Perkins Team in December 2003 and has more than five years experience in the real estate industry. He specializes in residential real estate and excels in Buyer Representation, Marketing Homes for Sale, and Technology for referrals and relocations. The knowledge and skills Jeffrey acquired from obtaining his Broker license will benefit his customers on an ongoing basis.
"Jeff continues to stand out as a leader in the real estate industry and is an asset to the organization," said Roger Perkins, Broker of Perkins Realty. "He excels in all that he does and we are proud to commend him on his achievement."
Thursday, 03 September 2009
About 25 percent of all new mortgages are backed by the Federal Housing Administration in what will probably be the busiest year yet for the federal agency.
Applications for FHA mortgages rose 50 percent from last October through mid-August 2009 and approvals for purchases, refinancing, and reverse mortgages rose 70 percent to 1.67 million.
FHA loans "are one of the most important sources in this market," says Mark Zandi of Moody's Economy.com. "Without FHA, the housing slide would be much more severe. We wouldn't be talking about a recovery now. We'd still be talking about a crash."
Some analysts are concerned about the risk the FHA has taken on, but others point out that borrowers with FHA-insured loans now have an average credit score of 690, compared to 630 two years ago. Borrowers with a credit score below 500 must come up with a 10 percent down payment.
Source: USA Today, Stephanie Armour (09/02/2009)
Tuesday, 01 September 2009
First-time home buyers and those who haven’t owned a home in the past three years are running out of time to cash in on the $8,000 first-time home buyer tax credit. The deadline is November 30. If you don’t close on your home by then, you’ll miss out on one of the major buyer opportunities in the current housing market.
Today’s tighter credit market means the days of settling on a home in two weeks are gone. Lenders are paying closer attention than ever to a borrower’s financial information. In many cases, appraisals are also taking longer and things like home inspections and title searches take time. So there may be no time to waste.
“Homeownership is an investment in your future, and the temporary $8,000 tax credit can help many of today’s buyers start building that future,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). “However, buyers should be realistic about the time it could take between beginning the home search and actually closing on the deal. Anyone who’s serious about taking advantage of this tremendous opportunity should start the ball rolling soon.”
In some cases, buyers are able to receive the tax credit immediately through short-term bridge loans and either increase their down payment or supplement their closing costs. A Realtor® can tell you if the bridge loan process is available to you.
Not a first-time home buyer? Not a problem. Current market conditions have created a wealth of advantages for all of today’s buyers, including:
• Lots of choices—More homes on the market means buyers can negotiate better prices and terms.
• Low interest rates—Mortgage interest rates remain historically low, making borrowing more affordable for potential home buyers.
• Affordability—Home prices are more affordable now than they have been in decades, according to NAR’s Housing Affordability Index.
These conditions, however, are temporary. Recent housing statistics and trends show signs that the market may have already hit bottom. Prices in many areas have stabilized and are rising again.
“Today’s buyers are staying well within their budget and realizing this is an incredible opportunity to own a home of their own,” said Yun. “There’s never been a better time for people to start building their future through homeownership.”
For more information, contact a Realtor® or visit www.realtor.org/2009housingtaxcredit.

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