Sugarmill Woods Real Estate – Builder Closeout! Only 3 Left!

Ok – here’s the short and sweet of it…

Last week there were 5 of these available. This week we’re down to 3.

If you are interested, you need to call me as soon as possible because these last 3 will not last long.

These are brand new, never lived in, full builder warranty homes in a fantastic Greenbelted Golf Community called Sugarmill Woods in Citrus County, Florida.

The builder will pay all of your closing costs if you use one of their preferred lenders (call me on my cell phone at 352-397-5182 or email me at Josh@HernandoLuxuryHomes.com and I’ll give you names/numbers). They require a $1,000 deposit in order to put a home under contract, and I have the inside scoop on discounted pricing (even beyond the already discounted list prices shown below!). Call me as soon as possible as these will not last!

$177,400 – 2557 SF Living, 4 Bed, 2 Bath, 2 Car Garage, Great Neighborhood, Corner Lot
Click Picture for Full Virtual Tour of Property

Front%20of%20Home Sugarmill Woods Real Estate Builder Closeout! Only 3 Left!
$177,400 – Call me for Special Pricing! – View Floorplan

$175,150 – 2169 SF Living, 4 Bed, 2 Bath, 2 Car Garage, Great Neighborhood, Covered Rear Porch, Corner Lot
Click Picture for Full Virtual Tour of Property

Front%20of%20Home Sugarmill Woods Real Estate Builder Closeout! Only 3 Left!
$175,150 – Call me for Special Pricing! – View Floorplan

$174,900 – 2169 SF Living, 4 Bed, 2 Bath, 2 Car Garage, Great Neighborhood, Covered Rear Porch
Click Picture for Full Virtual Tour of Property

Front%20of%20Home Sugarmill Woods Real Estate Builder Closeout! Only 3 Left!
$174,900 – Call me for Special Pricing! – View Floorplan

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Best Deal in Seven Hills – 4/2/2 + Pool for $139,900!

UPDATE – This home is now SOLD – if you’d like to be notified of similar homes, please send us an email with your contact information to Josh@HernandoLuxuryHomes.com.

2 Months ago in October I wrote about this home for sale in Seven Hills – back then it was priced at $154,900 and it was a fantastic deal at that price. It went under contract within 2 weeks of my post about it, and, good news for you, the deal fell through and it’s back on the market…this time at $139,900.

Front%20of%20Home%20800x600 Best Deal in Seven Hills 4/2/2 + Pool for $139,900!
Best Deal in Seven Hills? Click the picture for more info and pictures!

This is without a doubt the best deal in Seven Hills with a pool (I know…I’ve looked at every home in the neighborhood under $200,000 with a pool). If you’re looking for something even remotely similar – let me know…and let me know QUICKLY because just like last time, this one isn’t going to last long before it goes back under contract. Especially at this new lower price.

4 Bedrooms, 2 Bathrooms, 2 Car Garage, 2,223 SF Living, Beautiful vaulted ceilings, open kitchen with newer cabinetry, large bedrooms, formal living room, formal dining room, separate family room w/ fireplace…this is a fantastic bargain of a property.

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What you can learn from the bankruptcy of a Hernando County Real Estate Developer – More proof that you can’t fight the rules of the real estate game.

JustMissedTheMark What you can learn from the bankruptcy of a Hernando County Real Estate Developer More proof that you cant fight the rules of the real estate game.

Latest Hernando County Real Estate news…

Here’s a link to the Article in the Tampa Bay Business Journal that sparked the inspiration for this blog post.

As home prices in Hernando County continue to fall, and many sellers (including developers) hold out for 2006 pricing, many are finding they are unable to hold on long enough. The developer for the Hernando Oaks golf community in Brooksville, FL has filed for bankruptcy protection…the problem with that? Read on…

Developer just missed the mark?

Here’s the biggest problem with this situation…whenever a customer purchases a lot (or new construction home) in the Hernando Oaks golf community, they are required to join the golf club either as an individual, family, or social member (with an initiation fee ranging anywhere from $1,100 for a social membership (golf not included) up to $7,500 (resident family membership). This fee is non-refundable and non-negotiable and is in addition to monthly fees ranging from $55 (social membership) to $225 (family membership)…but wait…there’s no clubhouse yet…there’s no pool….no fitness center…all of which were supposed to be completed in 2005 (that’s right…2005)…and the developer just filed for bankruptcy…doesn’t look good to me, folks…

Note – monthly fees are not due until improvements are completed, but “initiation fees” are paid at the closing for the lot/home.


View Larger Map of Hernando Oaks Subdivision

Is there a lesson to be learned? Absolutely – I tell every one of my sellers the same thing…If you need to sell (not just “kinda maybe want”, but NEED), you need to beat the market, drop your price and get your home SOLD.

Since June of 2006 the market in Hernando County has been declining by 2-3% PER MONTH. Over a normal listing period of 6 months with a $200,000 home, that costs you $33,405 if your home doesn’t sell….and that’s not based on a LIST price of $200,000…that’s based on a true market value of $200,000 (in other words, if your home is worth $200k but you’re overpriced and listed at $225,000 that doesn’t matter…list price doesn’t affect market value).

If you want to know your true market value (free, and with no obligations), click the “Need a Buyer?” link and fill out the form – we’ll run some numbers and get you a true estimate of your homes value in TODAYS market within 24 hours.

Seller’s need to learn to cut their losses and move on because this is not going to turn around after the election, come January, after the bailout, etc etc etc…This is going to turn around when inventory drops back to reasonable levels.

Plain and simple.

Right now we’ve got over 5 times the inventory that we had in 2005. As long as buyers have an abundance of CHOICES, the market cannot help but continue to decline and with 19 months worth of standing inventory currently available, we’re looking at several YEARS before this changes. You can cut your losses and sell, or you can decide to wait, or you can chase the market down and end up selling for significantly less. It’s your choice, but you do need to make one.

To the buyers out there – do not be discouraged – this is an absolutely amazing time to buy property here in Hernando County! I myself have purchased four investment properties in the past 5 months. The trick is to not just “buy anything” but find the great deals and then JUMP ON THEM! The homes that are priced right are selling within DAYS, so you need to have all your ducks in a row and commit to the IDEA before you find the right house. If you find the right house first, it will most likely be gone before you’re ready to make a strong offer (pre-approvals are a NECESSITY and do take time!).

The deals are out there – I usually find 1-2 per month (yes…that’s right…1-2 per month out of over 3,500 homes currently on the market) – but they are THERE! In fact, one of my buyers is closing on his “steal” on December 5th. I can’t give you the details on it yet because it hasn’t closed, but I’ll tell you all about it then, so make sure to check back! (update – it has now closed and here’s the info!)

Here’s another article from November 12, 2008 in the Hernando Today newspaper. This one is from before the bankruptcy filing.

And another article from The St Pete Times, September 4, 2007 – possibly showing the writing on the wall even back then?

Any questions or comments, fill out the comment form below and we’ll get back to you as quickly as possible -or you can call me at 352-397-5182 or email me directly at Josh@HernandoLuxuryHomes.com – we’re always here.

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Spring Hill FL Real Estate – Featured Listings – Inverness & New Port Richey, too!

Featured Listings in Spring Hill, Inverness & New Port Richey, FL.

Click on image of home to view more info! Please call Josh anytime with questions: 352-397-5182.

l5668a941 c0x Spring Hill FL Real Estate Featured Listings Inverness & New Port Richey, too!

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Natalie’s Spring Hill FL Real Estate Deal of the Day!

Hi! It’s Nat…back with another house that has caught my eye.

The home featured in my last “Spring Hill FL Real Estate Deal of the Day” post was snatched right up. I’m not suprised because it was a fantastic deal. During my MLS perusings today, I came across a home…well, let’s just say I think I’ve done it again with this one. And it’s in my neighborhood. I love my neighborhood: Seven Hills. Call Josh if you want to hear all about Seven Hills because he loves living here, too!

Without further delay, here is a 3 Bedroom, 2 Bath, 2 Car Garage Pool Home with 2,223 LIVING Sq. Ft., 3,019 total. It’s on a very nice street, and in a great neighborhood (if I do say so myself, and I do). If you like to golf, or think you might like to golf in the future, the discount at the Seven Hills Golf Club is a nice little cherry on top of your pool home sundae. Here is the Customer Display. All for a just-reduced price of $146,900!

Front%20of%20Home%20800x600 Natalies Spring Hill FL Real Estate Deal of the Day!

Also – Josh previewed this home and took a bunch of pictures about two weeks ago (when it was priced higher) Take a look at The Rest of Josh’s Pictures…or just click on the picture above!

Please do not delay! Call Josh right away at 352-397-5182 if you’re interested. This is another one that won’t last!

Thanks, and as always, let me know if you’d like me to keep my eye out for something in particular you’re looking for.

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10399 Palmgren Lane, Spring Hill, FL 34608 – The Reserves at Seven Hills Real Estate for Sale – 2901 SF Living – 4 Bed, 2.5 Baths, 3 Car Garage, Golf Course Community, Granite Throughout, Pavers, Fireplace, Built in 2008 – New Construction – $389,900

Golf Course Lot, Upgrades Throughout including granite in kitchen, all baths, & wet bar. Beautiful Kitchen Cabinetry, Stainless Appliances, Gas Fireplace, Central Vac.

Previewed on 10/14/2008

Listing Courtesy of RE/MAX Realtec Group, Inc.

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