Monthly Archives: February 2019

3 Perks to Buying a Home in Lake County, Florida

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“The Sunshine State” is going through a population boom, and builders are all too happy to help deal with it. With more and more people moving to Florida for one reason or another, the supply of available residences has to keep up with the demand. With so many places and ecosystems in Florida to choose from, where does a newbie decide to settle? Take a look at Lake County and three reasons why buying a home there may be worth it.

1. You Get Two Seasons

Everyone knows Florida’s climate is more temperate than other states. It didn’t get its nickname because it’s cold and dreary. When buying a home lake county fl, know that you will likely only get two seasons a year: summer which lasts for 11 months and something like fall/winter/spring the other month. There are northern parts of the county that may experience milder temperatures through the year, but for the most part, you’ll find yourself in the 70 to 80-degree range most days.

2. You Get Access to the Parks

If you are a theme park junkie, Lake County is where it’s at. Depending on which part of the county you choose to land, you can be at the front gate of a theme park in minutes. If roller coasters and themed lands aren’t your cup of tea, rest assured that there are plenty of public parks and lakes to enjoy as well.

3. You Get More Employment Opportunities

When choosing where to move, the availability of jobs may pave the way. Lake County is not far from the hottest jobs in the state, between entertainment venues, theme parks, banks and the like. Even if you are retired and want to get something a few hours away, the centralized location of the county gives you access to a plethora of opportunities.

Purchasing a home is a critical investment for your family. If you are looking to move to the warmer portion of the country, Lake County, Florida has much to offer.

Here’s Why You Should Avoid Timeshares

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According to recent statistics, the value of timeshare-related business transactions in the United States is upwards of $10 billion in any given year. Although business is booming for timeshares and has always been booming for the industry, many financial experts and laypeople alike agree that owning a timeshare often causes headaches. It’s true that you should never take others’ advice on things without learning a bit about them yourself. As such, let’s dig into the basics of timeshares and the downsides they carry alongside them.

Companies Spend Tons Of Money Making Timeshares Look Like Good Buys

Real estate companies regularly put on seminars, talks, and shows for people who are potentially interested in buying timeshares. They often feed, house, and transport attendees just to listen to real estate agents and other salespeople for an hour or two. Although visiting such seminars might seem like a good idea, just for the heck of it, it can result in you being stuck with a major liability that you can be held liable to pay for decades upon decades.

The Supply Of Available Timeshares Greatly Exceeds The Market’s Demand For Them

In simple terms, this means that timeshares almost always depreciate in value because they’re not scarce. Real estate companies can consistently generate substantial profits from building or buying properties that are ideal for vacationers. However, reselling them often doesn’t turn out so well.

They’re Expensive!

Some estimates place the average annual cost of a timeshare in the United States around $15,000! Timeshares usually last for at least a decade, though they sometimes stay active until their owners die. That’s a lot of money just to stay at what’s essentially a rental home with infinitely more liability for a week or two each year. You know something isn’t a great value if you can’t give something away for free. As a matter of fact, many timeshare transfersresult in owners having to pay other individuals or businesses to take timeshares off of their hands!