If anyone is interested in a bite to eat at the Timber Pines Restaurant, here is the Timber Pines Menu. The menu pricing and availability may change at any time. Please call to confirm.
Why For-Sale-by-Owner Sales Fail
Homeowners obviously know their homes better than anyone, but that doesn’t mean they’re the best salespersons for their properties.
Some sellers are tempted to try a For Sale by Owner (FSBO) transaction because their local community is in the midst of a sellers’ market and they think they can sell easily without help. Others try the FSBO route because they want to maximize their profits and avoid paying a commission to a Realtor.
However, statistics show that selling your home with the assistance of a professional real estate agent will garner you a higher profit, enough to cover the commission as well as put more money in your pocket. According to the National Association of Realtor’s 2013 Profile of Home Buyers and Sellers, the average FSBO sales price was $174,900, while the average price for a home represented by an agent was $215,000, a difference of $40,100.
Why to Sell With a Realtor
Choosing to sell with a professional rather than on your own makes sense for a variety of reasons:
- A Realtor has access to market data about recent sales and other homes on the market that can be used to price your home appropriately. Studies show that homes priced right when they’re first listed sell more quickly and for a higher price than those that linger on the market.
- A Realtor can show your home when you aren’t available, can respond to inquiries from potential buyers and their agents, and can get valuable feedback from visitors – all things that save you time.
- A Realtor can look at your home objectively and suggest ways to improve its appearance – by staging and minor repairs – so it appeals to more buyers.
- Buyers typically prefer to look at a home without the seller present so they can feel more comfortable exploring the rooms and visualizing themselves in the property. At an FSBO sale, the seller must be present.
- A Realtor can screen visitors to your home, which provides a measure of safety that FSBO sellers don’t have. In addition, by checking to see if the buyers are legitimate and can afford to purchase your home, a Realtor can help you avoid wasting time showing your home to unrealistic buyers.
- Realtors have professional marketing expertise, contacts with other Realtors who work with buyers, and the support of a brokerage that can market your home more widely than you can as an individual.
- A Realtor can help you negotiate a contract that not only garners you an appropriate price for your home, but that meets your needs for a settlement date and perhaps includes a period when you rent back your home from your buyer. In addition, a Realtor can make sure your contract is in compliance with all local regulations.
Most buyers today work with a buyers’ agent to represent their interests. If you choose to sell your home on your own, you’ll be negotiating with a professional and relying on your own skill to finalize a contract. Not only could you end up selling your home for less money, you could leave yourself open to potential legal problems unless you have the contract vetted by an experienced real estate attorney.
FSBO transactions can be successful, of course, but 90 percent of homeowners prefer to work with a professional rather than risk an unsatisfactory home selling experience.
People often ask me what there is to do in Timber Pines.
Timber Pines has 4 golf courses, includes
THE HILLS – 18 hole executive course. Length – 3,477 yards.
THE HIGHLANDS – 9 hole pitch and putt, par three courses. Length – 602 yards
- 24/7 security and gated community
- 2 executive 18 hole courses
- 1 pitch and putt 9 hole course
- 1 driving range
- 1 putting green
- 2 shipping greens
- Pro shop
- Private Coutnry Club Restaurant and Grill
- 2 community temperature controlled pools and spas
- Lodge center with ball room, kitchen, library, card room
- Shuffleboard court
- 8 tennis courts
- Fully equipped gym
- Fully equipped wood working shop
- Arts and crafts room
- Pool room with 8 tables
- 85+ clubs and organizations
Clubs and Activities
Clubs and Activities
There are two hard-surfaced tennis courts in the Lodge Activity center, and six Har-Tru courts by the Country Club. Courts are lit until 10 at night. Residents and guests can play free of charge. The Timber Pines Tennis Club is an optional activity that charges a $10.00 per person annual membership fee.
The theater has many activities, including Chorus, Big Band, Twirlers Square Dancers, Razz-Ma-Taps, and other performers. Residents can partake in the organizations that interest them.
The lodge is a multi-functional building with a large ballroom, library, meeting rooms, full kitchen, and the association’s administrative offices. The building has wifi access and an enclosed porch. The large ballroom hosts dances, shows, dinners, and classes. The library a copy machine and computers for resident use.
The Resident Activities Center has the fitness center, billiards room, woodworking shop, craft room, and a meeting room. The fitness center is a fully equipped exercise facility with a YMCA instructor on site. The billiards room has 8 full-size professional pool tables. The wood working shop has many tools that a wood worker would need to build masterpieces.
If Buyers Want to Save Money: Tell Them to Shop
Home buyers who don’t gather more than one quote when shopping for a mortgage may be losing out on some savings to their monthly payments.
Lenders can offer a wide dispersion of rates, up to 50 basis points or 0.5 percent, after controlling for factors like the borrower’s down payment and credit score. That could be the difference between a 3.5 percent versus a 4 percent mortgage rate, according to a recent study by two economists at the Consumer Financial Protection Bureau, who culled mortgage data from 2014.
The authors offer up a scenario of what would happen if consumers had done an additional search for rate offers. Just one extra search could potentially reduce a borrower’s monthly payment by $8.63, on average. Adding five more searches could help them reduce their payments by $17.03 per month (that’s about $204 over just one year in savings). That said, the borrower’s initial offer may end up being the strongest in some cases, despite additional searches, the authors also note.
But in general, the researchers say that borrowers’ shopping around forces lenders to compete and likely will reduce the costs the borrower will end up paying.
“Tell your clients, especially first-time buyers, to shop more,” notes the National Association of REALTORS® Economists’ Outlook blog, interpreting the study’s results. “It may save them money. They should use websites that quote multiple lenders and get multiple offers on their own from large retail lenders, smaller banks or credit unions, and mortgage banks. But always consider the total cost, which includes the lenders’ fees and other services.”
Source: “Sometimes, Shopping Will Save Your Clients Money!” National Association of REALTORS® Economists’ Outlook blog (April 25, 2017)
What do people love about living in Brookridge? There are plenty of things! First, the location is ideal. You are just minutes from numerous restaurant and shopping locations.
Not only that, but you are also within close proximity of the Suncoast Parkway. What an easy commute to Tampa! Even with you on Cortez, you are a straight route to Orlando as well. Let’s not forget that you are just 15 minutes from the Gulf and Pine Island, as well as Weeki Wachee Springs.
Residents love that you can own your own land. Yes, in many other manufactured communities you are renting the lot and paying a few hundred dollars a month. This opportunity is a great way to save money and spend it on better experiences, like taking a 2-hour drive to Orlando and visiting all of the amusement parks.
Residents enjoy a member-owned private 6,054-yard championship golf course. The Brookridge Country Club Golf Association, Inc. maintains a full driving range, practice facilities and offers a computerized handicap program. Their new pro shop clubhouse includes a restaurant, liquor bar, golf equipment, and lounge. If you’re looking for a great place to host a gathering, look no further.
Shuffleboard and tennis are both on site right behind the lovely and large community pool.
Come see the Brookridge difference!
U.S. home resales rose more than expected in March to the highest level in more than a decade as more homes came on the market and were quickly snapped up by consumers.
The National Association of Realtors said on Friday that existing home sales increased 4.4 percent to a seasonally adjusted annual rate of 5.71 million units last month.
Economists polled by Reuters had forecast sales increasing 2.5 percent to a pace of 5.60 million units in March.
February’s sales pace was revised slightly down to 5.47 million units. Sales were up 5.9 percent from March 2016, hitting their highest level since February 2007.
The housing recovery has been underpinned by falling unemployment and rising wages. The unemployment rate declined to 4.5 percent in March to near a 10-year low.
But demand is outstripping supply. While the number of homes on the market rose 5.8 percent to 1.83 million units last month, housing inventory was down 6.6 percent from a year ago.
Properties typically remained on the market for 34 days in March compared to 45 days in February, the NAR said.
At March’s sales pace, it would take 3.8 months to clear the stock of houses on the market, unchanged from February.
“We had a housing shortage last year and in the early parts of 2017 the housing shortage has intensified,” NAR chief economist Lawrence Yun said.
Housing inventory has dropped for 22 straight months on a year-on-year basis.
With supply still tight, the median house price rose 6.8 percent from one year ago to $236,400 in March, the 61st consecutive month of year-on-year price increases.
(Reporting by Lindsay Dunsmuir; Editing by Paul Simao)
Original Article here