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Maureen Cool

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Is Your Home Overpriced?

by Maureen Cool

Everyone keeps telling you how great the real estate market is but now that your home is for sale, you aren’t so sure. You did everything you real estate agent suggested before you listed your home for sale but 60 days later, you have had no offers and only one showing. The one person that looked at it said it was fine, but they found another house they liked better. While it’s possible and maybe even likely there are better homes available then yours, how do you know if there is more to it than that?

Without prospective buyers looking at your home, it’s hard to know what is wrong with it, if anything. Here are some things to consider. If you have strong showing activity, but no one has made an offer, review the feedback you have received from showings. Is there anything negative that you can do something about like a yard that needs work, carpet that needs to be replaced or a front door that needs a fresh coat of paint to improve your curb appeal? No one expects you to make a house new, but some things are easier and less expensive to fix than others.

Take a look at your competition and see what those houses offer. If your neighborhood has three other homes listed in your price range and they all have one more bedroom than you do, that may be a sign you need to look at the price. Unless your home is unique, you should have had some showings. If you haven’t, the price is likely the culprit.

Even if you priced your home exactly where your agent suggested, if it has been on the market for a while, take a fresh look at your competition. Every time another property is listed, the perspective of your home is affected by the new listing. There are times that your home may be correctly priced, but if another seller is in a situation where they need to sell right away, they may underprice in comparison to the other homes on the market so they can sell faster. This can cause a problem for you immediately as well as adjust the value of homes in your area over time since your value is based on the most recent comparable sales.

When you are discussing price with your agent, have them look at how long it is taking other homes to sell. If homes are taking longer to sell, your price may be just fine, but if most homes are selling in the first 30 days and your home has been on the market for 65+ days, it may be time to think about a price reduction so your home will get the attention it deserves among its competition.

Maureen Cool, CRS
RE/MAX Realty Plus


www.TheCoolTeam.com
Maureen@ACoolRealtor.com

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Maureen Cool is your ultimate real estate resource for Sebring, Avon Park, and Lake Placid and surrounding areas. Visit my website for detailed information regarding today’s real estate markets

Image courtesy of inspiredimages/pixabay.com.

Just Listed - 3600 Lakeview Drive, Sebring

by Maureen Cool

Live the Waterfront Dream!

Welcome to 3600 Lakeview Drive on beautiful Lake Jackson. This home boasts 4 bedrooms, 3 ½ bathrooms, home office, and the potential for six bedrooms. The home has approximately 5,000 living square feet under air. With the oversized 3-car garage and porches, it has approximately 6,200 total square feet and is move-in ready. On the lake, you will enjoy your new dock with a large boat covered boat slip with electric lift and an activity deck. It is built with a composite decking for easy maintenance. This gorgeous two-story home is loaded with upgrades, designer finishes and freshly painted neutral colors throughout. Beautiful new double front doors open to the large foyer with high ceilings. Downstairs features a casual living room with stone fireplace and offers a 180-degree view of Lake Jackson. The living room has a breakfast bar separating large gourmet kitchen with a breakfast area. The kitchen has a center island, lots of countertops for food prep and serving, a coffee station, plus new stainless-steel appliances. Another counter separates the dining room. Double doors open to the pool and lanai from the dining room. Downstairs is the private master retreat, with a spacious master bathroom with walk-in shower, soak tub, dual sink vanity, toilet closet and oversized walk-in closet with custom storage. Downstairs also has a home office and a guest suite with private bathroom. A spacious half bath also serves as a pool bath. Double doors open from the foyer to a screened porch overlooking the lake. You will love the tucked away space under the staircase – great for curling up with a book. Now move upstairs on the winding wood staircase to the children’s retreat. This open space has a family room with sliders opening to an upstairs balcony overlooking the lake with beautiful sunrises. Other nice features include a mini-kitchen, craft area with sliders to another balcony overlooking the pool, two bedrooms (one with sliders to the balcony overlooking the lake). If this is not enough, there is a media room with a staircase for a private entrance from the garage – perfect for a fifth bedroom or in-law suite. The large pool also has a separate spa and covered lanai area overlooks a newly landscaped back and side yard. You have electric hookup and parking for your RV or camper. Upgrades since purchased: Upstairs hardwood flooring, master bedroom Lake Jackson is a 3,200 clean clear sand bottom lake in the heart of Sebring. It features a 10-mile sidewalk and bike trail around the lake. This home is conveniently located near US 27, the Sebring Parkway, downtown Sebring and Florida Hospital. Upgrades since purchased: Composite dock with covered activity deck and boat slip. Electric lift, Upstairs Hardwood flooring, new carpet bedrooms, faux wood tiled flooring master bedroom, Plantation shutter throughout the house, all new appliances, light fixtures, pool heater, pump and equipment, irrigation pump, front concrete walkway, crown molding, front doors, custom closet organizers in master bedroom, screened upstairs balcony, mirrors in upstairs wet bar, and all new landscaping and much more!

Maureen Cool, CRS
RE/MAX Realty Plus


www.TheCoolTeam.com
Maureen@ACoolRealtor.com

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Maureen Cool is your ultimate real estate resource for Sebring, Avon Park and Lake Placid and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.

Highlands County Market Share Report

by Maureen Cool

The Highlands County Closed Real Estate Transaction Report for Avon Park, Sebring and Lake Placid, Florida for January 1, 2018 through September 30, 2018

If you are interested in how I can help you with your real estate needs,
please call 863-873-7243 or email me.

I am always happy to answer any questions.

Just Listed - 5013 Sugar Bay St., Sebring, FL

by Maureen Cool

Magnolia Place of Sun ‘n Lake. Beautiful Curb Appeal!

Welcome to 5013 Sugar Bay Street located in Magnolia Place of Sun  n Lake. This beautiful home is move in ready. The home has three bedrooms, two bathrooms and two car garage with 2,184 square feet of living space under air. The split floor has glass sliders opening from the living room, dining room and master bedroom extending the living space and bringing the outdoors in. Step into the foyer through the beveled glass front door with the living room straight ahead and the dining room to the right. Moving forward an arched doorway leads to the family room, kitchen and breakfast area. The kitchen features new stainless steel appliances, granite counters, stacked wood cabinets with crown molding and granite counter tops. The master bedroom features a tray ceiling along with two walk-in closets, and a spacious master bathroom which features a dual sink granite vanity, jetted spa tub, walk-in shower, and private toilet room. The secondary bedrooms and hall/guest bathroom are also a generous size. The house is very neutral throughout with freshly painted interior and exterior. The flooring is neutral tile in the kitchen, bathrooms and family room and a neutral shade of carpet in all other rooms. New custom window treatments were just installed. The architectural shingle roof was installed in March of 2017 and has a five-year warranty. Also new is the irrigation pump and oversized gutters. This home has excellent curb appeal with new landscape, up-lights, and a paver walkway and driveway, plus side entry garage. Sun  n Lake is a golfing community with two championship golf courses, restaurant, clubhouse, tennis courts and community center. There is a free one-year Sun  n Lake golf membership if purchased before the end of the year. Some restrictions do apply so check with the clubhouse for complete details. Do not miss this great home. The sellers are motivated!

Maureen Cool, CRS
RE/MAX Realty Plus


www.TheCoolTeam.com
Maureen@ACoolRealtor.com

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Maureen Cool is your ultimate real estate resource for Sebring, Avon Park and Lake Placid and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.

You just closed on your new home and are still getting settled when you jump in the shower and there is no hot water or the garage door screeches to a halt when it is halfway open. Whatever the problem is, you likely weren’t counting on it before you even make your first mortgage payment. While it is incredibly frustrating when something goes wrong in your home when you just bought your house you may feel completely overwhelmed by what to do. The key is getting things fixed quickly without spending too much money so where should you start?

The first question to ask yourself is, did you purchase a home warrant and if so is whatever is broken a covered item under your home warranty plan. If you have a home warranty, your first call should be to the warranty company to report the issue. Think of this similar to an insurance policy for home repairs. Once you call your home warranty company, they will start working on the problem. Remember that not all items are covered under a home warranty, and ever for the ones that are, you will likely have to pay a service fee after which the balance of the repair will be covered. The warranty company will then take care of finding an experienced professional to come to your home and complete the repair.

If you decided not to purchase a home warranty when you bought your home or the item that is broken isn’t a covered item, what should you do now? It is always an option to make repairs yourself, but many issues may be out of your comfort zone. If you are new to the area or this is the first home you have owned you may not know who to call. There are lots of ways to find qualified contractors to complete repairs for you. One great resource is me. After many years in the real estate business, I have built a substantial list of professionals that I can recommend to you. Another option is to ask friends, family, and coworkers for recommendations of their favorite professionals. Many people also choose to subscribe to a service like Angie’s List that you can use to find local contractors and read reviews both good and bad from other homeowners who have used them.

If at all possible, go ahead and deal with the issue as soon as you can. Some problems quickly escalate into large-scale issues and can require more involved (and expensive) repairs when they so don’t wait to make repairs any longer than you have to. Whatever you decide is the right approach for you to take, try to remain calm and not get overstressed as you work through your first big hurdle in your new home.

Maureen Cool, CRS
RE/MAX Realty Plus


www.TheCoolTeam.com
Maureen@ACoolRealtor.com

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Maureen Cool is your ultimate real estate resource for Sebring, Avon Park and Lake Placid and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.

Just Listed - 626 Lake June Road

by Maureen Cool

Live the Lake-Life Dream

Welcome to 626 Lake June Rd. Opportunities like this do not come along very often. Live the lake-life dream on the fantastic 3,700+ acre Lake June offering world class bass fishing and watersports! Words cannot do justice to the detail in this fabulous home. The moment you approach the beautiful tall beveled glass front doors and enter into a large foyer area you will immediately notice the stunning lake views. The open and bright floor plan offers soaring tray ceiling throughout the living room, dining room and family room. The kitchen and family room have the most incredible panoramic lake views with the floor to ceiling mitered glass bay window. In addition, multiple French doors open to the covered veranda bringing the outside in. The living room has a wood burning fireplace, and the dining room offers a wall of built-in display cabinets. The gourmet dream kitchen features a Thermador professional appliance package which includes a 60” side by side refrigerator, gas range with double ovens, and gas stove top with a griddle and six burners, commercial hood, and dishwasher. The cabinetry has an enormous amount of storage with glass display. Countertops are granite. There is a center island with prep sink. A large step-up breakfast bar separates the family room and breakfast nook. The large walk-in pantry is amazing. The family room and dining room have numerous built-ins for storage and display. The huge master en-suite includes French doors to the veranda and lots of windows to wake up to your “good morning” lake view. The spa-quality master bathroom includes an oversized walk-in shower with a 10 zoned sprayer, spa tub, and large dual sink vanity. There is an additional master suite which would be ideal for an optional nursery or home office. The two of the secondary bedrooms share a Jack and Jill bathroom. All bedrooms have large walk-in closets. A staircase leads to a bonus room with bathroom. This room has flexible uses – perhaps a media room, play/game room or even a 6th bedroom. The guest/hall bathroom has a door to the veranda which is perfect when playing on the lake. The driveway is pavers. Other upgrades include a three zoned AC, interior/exterior surround sound and a tankless water heater. The dock and boathouse are on the waitlist to be rebuilt after Irma. This home is truly a must see to appreciate the detail and all the upgrades entirely.

Maureen Cool, CRS
RE/MAX Realty Plus


www.TheCoolTeam.com
Maureen@ACoolRealtor.com

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Maureen Cool is your ultimate real estate resource for Sebring, Avon Park and Lake Placid and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.

Just Listed- 1509 Azalea Ct., Lake Placid

by Maureen Cool

Move-In Ready Home in Sylvan Shores

Welcome to 1509 Azalea Ct. in Sylvan Shores. This well-maintained home has excellent curb appeal and is in move-in condition. Situated on a large corner lot with easy access to park your boat or RV on the additional concrete drive. The floor plan has an open flow with an L-shaped living room/dining room combo. French doors from the dining area open to a screened porch with vinyl windows for year-round enjoyment. Just outside the lanai is a small patio for grilling. The home has tile throughout with carpet in the bedrooms. The spacious kitchen has a large pantry and newer appliances. Master bedroom has a private bathroom with a walk-in shower. The new front door allows, and glass storm door allows indirect light. The two-car garage is a generous size with one side 31' deep ideal for storing your boat. The shed was new in 2016 to for additional storage. Enjoy boating and fishing on Lake Clay with the boat ramp conveniently close by. This home is ideal for enjoying your winters in Florida or for year-round living.

Maureen Cool, CRS
RE/MAX Realty Plus


www.TheCoolTeam.com
Maureen@ACoolRealtor.com

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Maureen Cool is your ultimate real estate resource for Sebring, Avon Park and Lake Placid and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.

Just Listed - 3891 Rodeo Drive, Sebring

by Maureen Cool

Gorgeous Golf Course View

Welcome to 3891 Rodeo Drive in The Country Club of Sebring. This home pool home is located on the golf course on #7 of with gorgeous wide-open views. If you are looking for move-in ready, you won’t be disappointed because it has a freshly painted interior and new carpet in trending grey colors. As you walk through the front door and into the spacious foyer, you will immediately notice the beautiful pool and golf course views. The home has an open and bright feel with high ceilings in the living room and dining room. Pocketed glass sliders open from the living room, breakfast area and master bedroom to the screened lanai and pool area. You can relax in the screened lanai overlooking the 14x28 pool with waterfall. The large kitchen has lots of counter space, desk/workstation, 8x9 breakfast nook, and two pantries. Beautiful grey cabinetry has coordinating tile flooring. The master suite has a tray ceiling, walk-in closet and sliding doors to the lanai. Master bathroom has a step-in shower. The split floor plan has plenty of space for guest in the private guest suite. The AC unit was replaced in May 2018. You are a short cart ride to the Pro-shop and club restaurant. If you are looking for turn-key, the furniture is negotiable.

 

Maureen Cool, CRS
RE/MAX Realty Plus


www.TheCoolTeam.com
Maureen@ACoolRealtor.com

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Maureen Cool is your ultimate real estate resource for Sebring, Avon Park and Lake Placid and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.

Mortgage Loans for the Self-Employed

by Maureen Cool

Gone are the stated income mortgages that were popular among self-employed home buyers during the early 2000’s. If you are self-employed, that doesn’t mean your chances of getting a mortgage are gone, it just means that you are likely to need to more documentation than other home buyers. No matter what your job, the key to getting a mortgage is being well prepared with the necessary paperwork.

As a self-employed individual, expect that you will likely need to provide tax returns in addition to other financial documents so your mortgage lender can get a good sense of your financial background. It may take a little longer to complete the underwriting of your mortgage than someone who is paid and receives a W2 but it isn’t impossible. It is absolutely essential that you have the necessary paperwork to share with your mortgage lender if you want to be qualified for your mortgage. Prior to starting the home buying process, talk with a mortgage lender and ask them what all you need to have. Then, go ahead and get all of that paperwork together. It’s not unusual for the lender to come back to you during the underwriting process and ask for additional documentation. If they do, get it to them as quickly as possible so it doesn’t delay closing on your new home.

When you are self-employed and preparing your taxes, you likely document as many expenses as you can to reduce the amount of taxes you have to pay. While that may be good at tax time, it may look like you don’t have the necessary income to support a mortgage and other household expenses if you are showing too many deductions. While your income when you are self-employed can fluctuate drastically, having a significant emergency fund may provide additional confidence to the lender so they will feel like you have the necessary reserves to pay the mortgage should your income change.

If you are purchasing the home with another individual that isn’t self-employed and there income is high enough to qualify for the mortgage, consider doing it just in their name or putting them as the primary borrower and you as the secondary borrower. This will make your income less significant so the lender won’t put as much weight on it and therefore may be more likely to approve the mortgage application.

When you are buying a home, you will often hear how important location, location, location is. A mortgage when you are self-employed is similar but the key word should be documentation, documentation, documentation. As long as you provide the documentation and have the income to support the mortgage, you should have no problem getting a mortgage as a self-employed worker.

Contact me today for a consultation. I will be happy to answer any questions you may, help you determine the value of your home or help you find your dream home.
 

Maureen Cool, CRS
RE/MAX Realty Plus


www.TheCoolTeam.com
Maureen@ACoolRealtor.com

Let’s Connect!

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Maureen Cool is your ultimate real estate resource for Sebring, Avon Park and Lake Placid and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.

Image courtesy of inspiredimages/pixabay.com

Just Listed - 1821 Manatee Dr., Sebring

by Maureen Cool

Stunning Lake Views

Welcome to 1821 Manatee Drive on Lake Sebring. All the living in this home is located in the back of the home and offers fantastic lake views. The home has many features making this the perfect lake home including an open floor plan, terracotta tiled floors and stone fireplace. Two sets of French doors open from the dining room and living room to extend the living space into the enclosed lanai. Wake up in the master suite to beautiful lake views. The master bathroom includes a jetted tub, walk-in shower, dual sink vanity and private toilet room with a door. There is a spacious guest bedroom and hall/guest bathroom. The home also has a bonus room used as a home office. The backyard has a white sand beach. The home has a double boathouse for a with electric lifts for a pontoon boat and fishing boat. The walkway needs to be rebuilt and is reflected in the price. Lake Sebring is a 468 - acre lake for you to enjoy bass fishing and watersports.

Contact Maureen Cool of A Cool Realtor for more information or to schedule a showing.  Visit www.ACoolRealtor.com or email Maureen@ACoolRealtor.com

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Photo of Maureen Cool, CRS, CIPS, RSPS Real Estate
Maureen Cool, CRS, CIPS, RSPS
RE/MAX Realty Plus
809 US 27 South
Sebring FL 33870
863-873-7243
Fax: 863-385-5897

Maureen Cool * RE/MAX Realty Plus
809 US 27 South, Sebring, Florida 33870
Office: 863-385-0077 X215
Direct: 863-873-7243
Fax: 863-385-5897

 
           


 

Maureen Cool of RE/MAX Realty Plus offers real estate services to buyers, sellers, relocation's in the Highlands County real estate area.

Including Polk County, Hardee County, Okeechobee County, Desota County and Glades County.


Whether you are looking for luxury, investment, second home, commercial, bank owned, foreclosures properties Maureen Cool and The Cool Team are your real estate professionals for the entire Central Florida area.
 

Maureen Cool is your Luxury Home Expert in Highlands County. 
She can assist you with your Sebring, Avon Park and Lake Placid real estate needs. 

 

 

This website is designed and maintained by
Kim Hughes Real Estate Virtual Assistant

 

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Unless otherwise indicated, all materials on these pages are copyrighted by Maureen Cool. All rights reserved. No part of these pages, either text or image may be used for any purpose other than personal use. Therefore, reproduction, modification, storage in a retrieval system or retransmission, in any form or by any means, electronic, mechanical or otherwise, for reasons other than personal use, is strictly prohibited without prior written permission.