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Why vote YES to Amendment #2

As a local real estate professional, it’s my responsibility to equip you with important information that can impact your pocket book – with regard to real estate.  While it can be very confusing to determine how we should vote when it comes to Amendments (many contain multiple updates) this one is quite simple.

Amendment #2, simply put, keeps the status quo!

Currently, our property tax rate is capped.  Voting YES to Amendment #2 will keep this cap in place.

If Amendment #2 does not get passed – Rental Rates could skyrocket in both the residential and commercial sectors, NOT GOOD!

Here’s a simple video explaining Amendment #2

https://youtu.be/tLTKAa0Y_Fo

AND you can get even more great info here.

I hope you find this informative… and remember vote YES to Amendment #2

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TRIM NOTICES…What you need to know.

As your Realtor, and local expert, it’s my job to present you with URGENT … NEED TO KNOW real estate information.  And TRIM Notices are one of those topics.  In our video update we cover the following…

  1. What is a TRIM Notice

  2. Why is it important AND

  3. What do you need to do

I hope you take a few minutes to review this information as it could save you hundreds of dollars this year – and thousands over the lifetime of owning your home.  I can think of many different ways to allocate those dollars… and so can my wife I am quite sure!   And remember – you can always pick up the phone and call me with your questions.  It’s my job to advise you and your family, so that you can make great decisions.

Call of Txt me at 301-343-9279 or email direct at Chris@EbStoneRealty.com

Like I said in the video, this was a quick overview of TRIM Notices and what they mean to you.  I promised you some additional resources… which you can find below.  More details on…

  • How to read your TRIM Notice

  • Details on the petition process AND

  • Some links to the Property Appraisers Office and to file your petition

Again, call, txt, or email me with questions.  And let me know if you found this information helpful so I know how to best serve you with updates in the future.

Here is a detailed video of your TRIM (Truth in Millage) Notice provide by the Palm Beach County Property Appraiser’s Office.

Detailed information on “How To File A Petition” here.  Or you can download the BROCHURE ON PETITIONING TO THE VALUE ADJUSTMENT BOARD

  • Additional rules and information on this process are available here.

  • And, if you think your ready to file your petition you can do so here.

Again, please let me know if you found this information helpful by leaving a comment below.   All the Best, Chris Dyer

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Don’t let this be you…

The last two years here in South Florida we’ve had some action to say the least.  Our family has stayed through one year and evacuated the next.  But in both cases – we secured our home and had hurricane survival supplies on hand.

Don’t let this be you… take the necessary precautions now to plan for a hurricane.

Because we’re in this with you – and we’ve helped too many friends with last minute window boarding and shutter installation, we’re providing you with this great resource from @PalmBeachCountyFL.

HURRICANE SURVIVAL GUIDE

Melissa Dyer, EB STONE REALTY

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7 Reasons why you should own a home

Owning a Home is an essential part of the American Dream. Now is the the best time ever to fulfill that dream and begin to build equity.

Here are the top seven reasons to own a home.

1. Tax benefits. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, and some of the costs involved in buying a home.

2. Appreciation. Historically, real estate has had a long-term, stable growth in value. In fact, median single-family existing-home sale prices have increased on average 5.2 percent each year from 1972 through 2014, according to the National Association of REALTORS®. The recent housing crisis has caused some to question the long-term value of real estate, but even in the most recent 10 years, which included quite a few very bad years for housing, values are still up 7.0 percent on a cumulative basis. In addition, the number of U.S. households is expected to rise 10 to15 percent over the next decade, creating continued high demand for housing.

3. Equity. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.

4. Savings. Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.

5. Predictability. Unlike rent, your fixed-rate mortgage payments don’t rise over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will likely increase.

6. Freedom. The home is yours. You can decorate any way you want and choose the types of upgrades and new amenities that appeal to your lifestyle.

7. Stability. Remaining in one neighborhood for several years allows you and your family time to build long-lasting relationships within the community. It also offers children the benefit of educational and social continuity.

Comment below, to share why would you like to become a home owner, or what benefit to you enjoy as a homeowner.

Source: Realtor Mag

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SO HOW’S THE MARKET?

Whether we’re at a social gathering making small talk or in a conversation with friends inevitably we always get this question…so, how’s the market?  Everyone wants to know “how’s the market?”  My typical response is… “it’s great!”

Because the truth is… the market is always great for someone. 

Now, depending on what real estate milestone you are trying to reach will have an impact on whether market conditions are ideal for you.  But that doesn’t make the “market” bad… it makes market conditions less ideal for what you are trying to achieve.

The great news is that our current “market” conditions are just about at what we would call NEUTRAL.  You might think HOT would be a better environment but frankly it’s not.  Actually, NEUTRAL  is a healthy and more stable environment to reach more milestones for both sides – BUYERS and SELLERS.  You can download current market statistics below.

MARKET REPORTS BY COUNTY

Hopefully, you find this to be encouraging news.  We’d love the chance to help you achieve your real estate milestone. Contact Us here.

 

Melissa Dyer, EB STONE REALTY

 

 

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Sometimes it’s the small things that cause problems…

We’ve had a ton of rain lately – which reminds me that May is a transition month… we’re not quite out of Spring, yet.  Maybe you are like me and you have been avoiding some household chores that might be piling up?

Well, it’s not too late to tend to some ‘Spring Cleaning’ if you haven’t gotten around to it yet.  One of the reasons why I avoid attacking my chore list is the belief that my ‘Spring Cleaning’ list isn’t really that important anyway.  WRONG!

Actually, sometimes it’s the small things that can really cause problems.  If you’re like me and you need a friendly reminder to get at it – here is a resource to help you get started.

SPRING CLEANING CHECKLIST

I hope you find it helpful.  Just think if you get your chores done now –  you can go out and play when its Summer. Happy Cleaning.

Melissa Dyer, EB STONE REALTY