Salem Square – Ridgemoor Subdivision – Palm Harbor, FL

We have a beautiful 3 bedroom, 2 bath, 2 car garage villa on the market for $239,900 in the East Lake area of Palm Harbor. It sits on a huge conservation lot with a wooded back view. It has over 1900 square feet of living space. The owners took the back porch area and had it fully enclosed and finished into a lovely Florida Room. This room can be used for entertaining, an extra quick sleeping area for last minute overnight guests or just a great easy-living area for relaxing and enjoy the beautiful view out the back windows. It’s light and bright and really makes this villa special. This is a very spacious villa, which seems much more like a house. There is a side yard big enough for a party and shade trees are everywhere. Ridgemoor has many outstanding characteristics about it. Nature trails, playgrounds, tennis courts are just a few. Visit our website for more information about Ridgemoor Subdivision. Call us toll free t schedule an appointment for a personal showing. 1-888-423-5775. Or email for more information at info @ lipplyrealestate.com

Salem Square Villa

How to find fixer-upper homes with profit potential

As the volume of new and resale house and condominium sales gradually slows down in most communities from last year’s record levels, due primarily to rising mortgage interest rates, savvy home buyers are rediscovering a source of bargain-priced residences known as “[tag]fixer uppers[/tag].” Retail sellers of homes in excellent condition, including brand-new houses, expect to earn top dollar for their “model home” condition residences. But in today’s market that has become difficult. Complete Idiot\'s Guide to Investing In Fixer-Uppers (The Complete Idiot\'s Guide)

Experienced [tag]real estate investors[/tag] recommend buying a property “with the right things wrong.” That means buying a house or condominium where well-spent fix-up dollars will add more market value than the cost. Fresh paint, inside and outside, is known as the most profitable home improvement you can make. Virtually every house can benefit from new paint, especially when exterior paint gives a house a new look. For example, my neighbor has owned her house since it was built more than 40 years ago. It was painted an ugly barn-red with white trim. All of a sudden, last year, she had her house painted a very attractive off-white with light-brown trim. Perhaps it cost $2,500 to paint the house, but I estimate the “new look” added at least $10,000 in market value. Continue reading “How to find fixer-upper homes with profit potential”

Disclosure and Saving for a Rainy Day

Real Estate Investing for Dummies Purchasing a used home is certainly an important part of the American dream. Millions of Americans scrape together their savings in order to come up with a [tag]down payment[/tag]. And when they move in, they don’t want the euphoria to end. For most it doesn’t. But while with homeownership comes the expected [tag]mortgage payments[/tag], [tag]insurance payments[/tag], and costs of [tag]home maintenance[/tag], there are unexpected exceptions.

Obviously, there are no limits to the number of instances in which sellers have failed to disclose hidden problems that become apparent only after the purchase. It might be a leaking roof after the first post closing rain fall, a leaking pipe after the first post closing bath, or the appearance of mold when lights are turned on for the first time in the attic (something a home inspection would surely catch). In all cases, the question is: What legal rights do these home purchasers have? Of course, the first place to begin this inquiry is an evaluation of the contract and of local state law concerning issues of misrepresentation. Continue reading “Disclosure and Saving for a Rainy Day”