Julie Valmorbida

March 2024 market report for Naples, FL

"Embrace the new year with optimism, for in every January, there is the promise of a fresh start and the opportunity to write a new chapter in the book of life."

Julie Valmorbida, Realtor
239.280.7156
Waterfront Realty Group

Gorgeous condo FOR SALE!

OPEN HOUSE TOMORROW FROM 12-4!
Newly renovated, second floor corner unit with 3 bedrooms and 2 full bathrooms in the resort style community of Sterling Oaks. High tray ceilings, brand new tile throughout the entire unit, updated kitchen with new stainless steel microwave and dishwasher, updated bathrooms, and new baseboards throughout. Sterling Oaks offers amenities which include a Florida style clubhouse that has been recently remodeled, a fitness center with locker rooms and sauna, a cabana bar for lunch and cold beverages, bocci and pickle ball courts and an optional tennis membership that offers 12 clay courts and a USTA teaching pro for lessons and clinics. Near 3 beautiful beaches, great shopping, and restaurants.

Naples Area Market Report - September 2023 Housing Market Activity for September 2023   Pre-Season Buyers Jump on New Inventory During September Contacts: Nick Bobzien, NABOR® Media Relations Committee Chair, (239) 597-1666 Marcia Albert, NABO

CLOSED 🎉🍾
Very grateful to have been able to represent both the seller and buyer in this beautiful transaction!

Call me for all your Realestate needs!
Julie Valmorbida
239.280.7156
Waterfront Realty Group, Inc.

✨PENDING ✨
Less than 48hrs on the market with multiple offers!

Looking to buy or sell your house?
Call me 239.280.7156

Waterfront Realty Group, Inc.

🚨 NEW LISTING 🚨 GREAT PRICE
4 bed 4 bath +Den 3393 sqft
Fully furnished
Private pool
New roof
Open house Saturday 12pm - 3pm

JULIE VALMORBIDA
239.280.7156
Waterfront Realty Group

8710 Paseo De Valencia St, Fort Myers, FL 33908 | MLS #223068273 | Zillow This 3393 square feet Single Family home has 4 bedrooms and 4 bathrooms. It is located at 8710 Paseo De Valencia St, Fort Myers, FL.

✨ NEW LISTING COMING TOMORROW ✨
4 bed 4 bath + Den (every room has a bathroom)
Private pool
Gated community
NEW ROOF
Furnished
Lake view

DM me or call me for more details
239.280.7156
Julie Valmorbida
Waterfront Realty Group

Make sure you are aware of some common storm-related services that DO REQUIRE a state license.

A few include:
- Roof Repairs
- Window Replacements
- Electrical Repairs
- Plumbing Repairs

Verify a license at MyFloridaLicense.com

Great Wolf Lodge has set date to open in Southwest Florida, bookings start now Great Wolf Lodge sets opening date for SW Florida. Reservations can begin right now. What's the first day? Could it launch earlier? 14 things to know.

Here's a real estate riddle for you:

I am a structure made of brick and stone,
A dwelling place you can call your own.
With rooms and spaces for you to reside,
I am built with walls, standing tall and wide.

I come in different shapes and sizes,
From cozy cottages to grand surprises.
Some have gardens and swimming pools,
Others offer stunning city views.

Location matters, it's a key,
For a house near the beach or by a tree.
You'll find me in neighborhoods, all around,
In bustling cities or on tranquil ground.

First-time buyers seek me with delight,
While investors see potential in my sight.
I am a place where memories are made,
A place where dreams are often laid.

What am I?

"Great potential for investment and resale value."

How much debt is too much to be approved for a mortgage? Learn more NOW.

Debt Ratio The debt ratio shows your long-term and short-term debt as a percentage of your total assets. The lower your debt-ratio, the better your chances are of qualifying for a mortgage.

Sanibel’s Lighthouse Beach Park is reopening Plans to reopen Lighthouse Beach Park were announced Tuesday during a ribbon cutting that also celebrated the reopening of the visitor’s center.

NEW RENTAL LISTING!
4bed 2.5 bath 2,348sqft
$3,200 a month!
In the beautiful Laguna Lakes community!
Schedule a showing or apply today before it’s gone!
Julie valmorbida
239.280.7156
Waterfront realty group

https://www.zillow.com/homedetails/9310-Paseo-De-Valencia-St-Fort-Myers-FL-33908/66168374_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare

The iconic Dairy Queen on Sanibel is closing down after being around to soft serve generations. The ice cream shop is closing after taking too much damage from Hurricane Ian.

Iconic Sanibel Dairy Queen closes after 52 years The iconic Dairy Queen on Sanibel is closing down after being around to soft serve generations.

For $425,000, you can get 360 views of sunrise and sunset on this lighthouse cottage island 👀

Listing details: http://rltor.cm/nj2lp5

3 popular loan types FHA, CONVENTIONAL and VA

1. FHA Loan (Federal Housing Administration Loan):
- Insured by the Federal Housing Administration, an agency within the U.S. Department of Housing and Urban Development (HUD).
- Designed to help first-time homebuyers and those with lower credit scores or limited down payment funds.
- Requires a minimum down payment of 3.5% of the purchase price.
- More lenient qualification requirements compared to conventional loans.
- Borrowers are required to pay an upfront mortgage insurance premium (MIP) and an annual MIP for the life of the loan.

2. Conventional Loan:
- Not insured or guaranteed by a government agency.
- Offered by private lenders such as banks, credit unions, and mortgage companies.
- Typically requires a higher credit score and a larger down payment compared to FHA loans.
- Down payment requirements can vary, but generally range from 3% to 20% of the purchase price.
- May have more stringent qualification criteria, including lower debt-to-income ratio requirements.
- Private mortgage insurance (PMI) is required for borrowers who put down less than 20% to protect the lender in case of default. PMI can be canceled once the loan-to-value ratio reaches 78%.

3. VA Loan (Department of Veterans Affairs Loan):
- Available to eligible active-duty service members, veterans, and surviving spouses.
- Guaranteed by the U.S. Department of Veterans Affairs.
- Offers favorable terms, including no down payment requirement, no mortgage insurance, and competitive interest rates.
- May have more lenient credit and income requirements compared to conventional loans.
- Funding fee: Borrowers are typically required to pay a funding fee, which helps offset the cost of the VA loan program. The fee varies based on factors like military service category, down payment amount, and whether it's the borrower's first VA loan or subsequent use.

It's important to note that the specific terms, eligibility criteria, and requirements for these loan types can vary based on factors such as the lender, loan amount, and borrower's financial profile. It's recommended to consult with lenders or mortgage professionals who can provide detailed information based on your specific situation.

I’m here to help you with all your real estate needs!
Call me or txt me if you have questions, need to start the process of purchasing a home or need a private showing on a property you like!

Julie Valmorbida,
239.280.7156
Waterfront Realty Group.

First time homebuyer tips 👇🏼
1. Determine your budget: Before you start looking for a home, analyze your finances and determine how much you can afford to spend on a house. Consider all expenses, including down payment, closing costs, and ongoing maintenance.

2. Get pre-approved for a mortgage: Getting pre-approved for a mortgage will give you a clear idea of how much you can borrow, and it shows sellers that you're a serious buyer. This can give you an advantage in competitive markets.

3. Research neighborhoods: Explore different neighborhoods to find the one that suits your needs and preferences. Consider factors like proximity to amenities, schools, commute times, and safety.

4. Make a list of priorities: Create a list of must-have features and preferences for your future home. This will help you stay focused during your search and make informed decisions.

5. Work with a real estate agent: Hiring a reputable real estate agent who specializes in your desired area can be extremely helpful. They have in-depth knowledge of the market and can guide you through the homebuying process.

6. Attend open houses and viewings: Visit as many open houses and scheduled viewings as possible to get a feel for different properties. This will help you understand what you like and don't like, and it will give you a sense of the market.

7. Get a home inspection: Always invest in a professional home inspection before finalizing the purchase. This will uncover any underlying issues with the property and help you make an informed decision.

8. Review all documents carefully: Carefully review all the documents related to the purchase, including the purchase agreement, loan agreement, and property disclosures. If needed, seek legal advice to ensure you understand all the terms and conditions.

9. Consider long-term costs: Don't just focus on the purchase price; consider the long-term costs of owning a home. Take into account property taxes, insurance, maintenance, and potential renovations.

10. Take your time and don't rush: Buying a home is a significant decision, so don't rush into it. Take your time to thoroughly research, compare options, and make informed choices that align with your budget and lifestyle.

I’m here to help you with all your real estate needs!
Call me or txt me if you have questions, need to start the process of purchasing a home or need a private showing on a property you like!

Julie Valmorbida,
239.280.7156
Waterfront Realty Group.

Collier County informe general de actividad Abril 2023

Collier County April 2023 overall activity report

Collier county inventory report April 2023

Lee county inventory report April 2023

WHAT WAS I THINKING!

MEMORIAL DAY!
Remember and Honor 🙏🏼🤍

Then and now. Location is looking north towards Pine Ridge Road with 41 running north/south and Pelican Bay to the left and on the right is Pine Ridge. The lower half of the image is Sorrento Gardens, Twin Lakes and Morningside Drive and what would eventually become Neapolitan Way across from Twin Lakes. Early to mid 60's.
Lower image credit Brad Sprowls.

WHAT IS SELLER FINANCING?
Seller financing, also known as owner financing or seller carryback, is a real estate transaction arrangement in which the seller of a property provides financing to the buyer instead of the buyer obtaining a traditional mortgage from a bank or lender. In seller financing, the seller effectively acts as the lender and extends credit to the buyer to purchase the property.

Here are some key features of seller financing:

1. Loan Structure: The seller and buyer negotiate the terms of the loan, including the loan amount, interest rate, repayment period, and any other applicable terms. The terms are typically outlined in a promissory note and a mortgage or deed of trust.

2. Down Payment: The buyer usually pays a down payment directly to the seller, which is typically lower than the down payment required by traditional lenders. The amount is negotiable between the parties.

3. Interest Rate and Repayment: The interest rate in seller financing can be negotiated between the parties and may be higher or lower than prevailing market rates. The buyer makes monthly payments to the seller, which include both principal and interest, over an agreed-upon repayment period.

4. Security Interest: To secure the seller's interest in the property, a mortgage or deed of trust is typically recorded, giving the seller the right to foreclose on the property if the buyer defaults on the loan.

5. Benefits for Buyers: Seller financing can provide opportunities for buyers who may not qualify for traditional financing due to credit issues or insufficient down payment. It can also offer more flexible terms and a simplified approval process compared to traditional loans.

6. Benefits for Sellers: Sellers can benefit from seller financing by expanding the pool of potential buyers for their property, which may lead to a faster sale. Sellers may also earn interest on the loan and potentially achieve a higher selling price.

It's important to note that seller financing arrangements should be carefully considered and documented to protect the interests of both the buyer and the seller. Seeking legal and financial advice is recommended to ensure compliance with applicable laws and to fully understand the risks and benefits associated with seller financing.

I’m here to help you with all your real estate needs!
Call me or txt me if you have questions, need to start the process of purchasing a home or need a private showing on a property you like!

Julie Valmorbida,
239.280.7156
Waterfront Realty Group.