Monday, February 29, 2016

First Time Home Buyer Bond Program~

First Time Home Buyer Bond Program
Up to $7,500 offered by the Escambia County Finance Authority

The Escambia County Finance Authority offers a bond program for first time home buyers in the Pensacola area. This bond program allows for up to $7,500 towards buyers closing costs and down payment.

Here is Rachael Springfield, senior loan officer with Caliber Home Loans explaining what the program is.



How do you qualify for the Escambia County Finance Authority Bond Program?
Contact a local lender to see if you can qualify for a mortgage. They can pre-approve you for a mortgage and verify you meet the requirements of the program.  For this program, a first time home buyer is only considered to be someone who has not owned a home in the last three years.

The bond offers an affordable interest rate for a first mortgage and acts as a second mortgage and is repaid when the home is sold. It can be used with FHA, VA, and conventional mortgages.

The program also has some targeted areas in Escambia County which allow for increased incentives and are easier to qualify for. Ask your lender to provide this list of targeted areas for you! The Florida bond is offered in 13 Florida Counties including locally Escambia County, Santa Rosa County, Okaloosa County, and Walton County.

Income limits for Escambia County currently range from $63,300 to $88,620 depending on size of household and location of the home. To contact Rachael, give her a call at (850) 259-0979 or visit her website.

For more information about the Escambia County Finance Authority, visit their website or give them a call.

We are happy to help you make the transition from renting to purchasing!  Give me a call or email me. Comment below or contact us if you have any other questions.

Thanks and have a great day,
Nicole St. Aubin, Broker Associate
Realty Masters of FL~ (850) 473-3983
4400 Bayou Blvd. #58B, Pensacola, FL 32503
#1 in Pensacola Rental Houses & Apartments
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Monday, February 15, 2016

Pensacola Property Investment Bundle- 27 Single Family Homes for Sale

Pensacola Property Investment Bundle
Cash Flow Investment Portfolio ~ 27 Single Family Homes for Sale

We have an exciting new opportunity for investors in the Greater Pensacola area.  We have just listed an investment portfolio of 27 single family homes for sale offered at $1,525,000.  This bundle includes 27 single family properties located in the cities of Pensacola, Pace, Milton, and Gulf Breeze in Escambia County and Santa Rosa County in Northwest Florida.

With an approximate 11% cap rate, these income producing properties are a solid investment! The homes are offered at approximately $56,000 per unit and only available when purchased as a package. Review the information in the prospectus below and contact us if you are interested in more reports and detailed information.



Thanks and have a great day,
Nicole St. Aubin, Broker Associate
Realty Masters of FL~ (850) 473-3983
4400 Bayou Blvd. #58B, Pensacola, FL 32503
#1 in Pensacola Rental Houses & Apartments
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Saturday, February 13, 2016

5 Tips to Prevent Bedbug Infestation

5 Tips to Prevent Bedbug Infestation
Steps you can take to protect yourself and prevent bedbugs! 

Five tips to help you prevent a bedbug infestation in your home:

1) Don't buy used furniture!  

Bedbugs don't build nests like typical pests; they prefer to live in furniture. While mattresses are the preferred hiding spot for bedbugs, they can hide and live in couches, chairs, rugs, luggage, purses, clothing, inside books and even picture frames! 

Because of this, you must be careful when purchasing used furniture as a few bugs can lead to an infestation. Fully inspect all crevices of any furniture before purchasing anything used. 

Bedbugs are hard to kill and expensive to treat. We've seen bedbug treatments cost anywhere from $350- $1,000. Plus, treatment will include throwing away any affected items. Why take the risk? 

2) Be cautious while traveling. 

Google pictures of bedbugs and bedbug infestations. It grosses me out so I can't post them here.  Be aware and take precautions!  Here's some good information from the EPA on bedbugs: http://www.epa.gov/bedbugs 

Check prior to your departure to see if your hotel appears on any of these bedbug registry websites: http://www.bedbugreports.com/  and http://registry.bedbugs.net/ 

Whenever traveling, ensure you check all beds in your hotel room prior to unpacking any luggage. Pull off the sheets and check on the undersides of the mattresses as well as in all four corners. Look for any live bugs, bloodstains, and fecal matter or residue. 

It's also best practice not to put your purse or luggage on any carpeting when you are traveling.  Many people pick up bedbugs at a hotel without ever knowing it because they don't take precautionary measures.  

3)  Use mattress covers for all beds in the household.

A mattress cover is totally worth the costs, especially if you just googled bedbug infestations.  A mattress cover can protect your mattress from bugs trying to make it home.  Experts suggest purchasing a white or light colored mattress protector so it's easier to spot any critters. 

4) Routinely check your bedroom for bedbugs.

Be sure to check your entire bedroom and any furniture surrounding the bed, including the edge of carpeting, in nightstands, lamps, and in your clock radio.  They like to be close to possible hosts. Bedbugs feed during the night and often go unnoticed for long periods of time.  Because they are nocturnal and feed while you are sleeping, bedbugs most commonly live in mattresses.  

The bite of a bedbug is painless and causes a small red itchy irritation on your skin.  They can often be confused as flea or mosquito bites. Bedbugs are said to feed every 5 to 10 days but can sustain for several months without feeding! 


5) Act Fast if you suspect a bedbug situation.

You can have a casual encounter with a bedbug and walk away unscathed if you act fast. Be aware, do your research, and stay vigilant especially when traveling or visiting others homes.  If you suspect you have encountered bedbugs, notify the appropriate parties.  It's best to isolate any items that may have been exposed. Wash all clothing dry on high heat.  Put shoes, stuffed animals, and purses in dryer on high heat. Throw away items that cannot be dried that may be affected such as luggage.  

Contact a pest control person immediately for further advice and examination. Not all pest control companies are experienced in eliminating bedbugs. We recommend locally Florida Pest Control. Call them at (850) 432-4103. 

Nicole St. Aubin, Broker Associate
Realty Masters of FL~ (850) 473-3983
4400 Bayou Blvd. #58B, Pensacola, FL 32503
#1 in Pensacola Rental Houses & Apartments
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Wednesday, February 10, 2016

2015 Pensacola Rental Market Statistics

2015 Pensacola Rental Market Statistics
Quick look at the Pensacola, FL area rental market statistics!

As we head into a busy 2016 spring rental market, we look back at the rental market over the few years in our area.
Pensacola area rental statistics for 2011- 2015

Pensacola, Florida area rental statistics snapshot from 2011 through 2015. These statistics are based on properties rented in Escambia and Santa Rosa Counties including the cities of Pensacola, Pace, Milton, Molino, Cantonment, Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre area and compiled through Pensacola MLS. 

Here are a few facts about the Pensacola Rental Market:

Average rental rates and supply/ demand
  • The average rental rate increased 4% from $1,037 in 2014 to $1,081 in 2015. 
  • The average rental rate in Pensacola has risen nearly 13% since 2011.
  • There was a slight increase in overall inventory from 4,279 in 2014 to 4,342 in 2015 but the total number of rental properties rented in the Pensacola area has decreased by 11% since 2011. 
  • Economists predict that rental rates will continue to increase slightly over the next year. 
  • There is a large demand for single family section 8 housing as availability of landlords accepting the section 8 voucher has decreased. 
Areas of high demand for rental properties included
    • the Beulah area of Northwest Pensacola, FL 32526 due to the influx of Navy Federal Credit Union employees
    • Downtown Pensacola and East Hill due to the growth in the downtown area and desire to be near nightlife
    • Gulf Breeze, FL and Pace, FL due to top rated school systems 
Common requested amenities from tenants

Despite the tightened supply, we have noticed that more renters are searching for upgraded or newly built homes with stainless steel appliances, remodeled kitchens, granite and other solid surface upscale counter tops, and of course fenced backyards. 

A recent apartments.com study indicated that over 70% of renters have pets; while there's no way to validate this statistic in our area, I would safely say over 2/3 of renters who contact our office do have at least one pet.  Being pet friendly reduces your time on the market and increases your potential rental rates. 

Realty Masters rented 496 homes in the Pensacola area in 2015
Pensacola Leasing Agents & Rental Homes! 
Realty Masters leases twice as many homes as any other management company in the area

And one of our favorite statistics:  Realty Masters leased over 496 properties, with an average rent of $1,000 and leased twice as many homes as any other property management company! During 2015, we rented our homes with an average of 27 days on the market and a median of 22 days on the market.

As the leader in Pensacola Property Management, we are the experts on the Pensacola area rental market and can help you locate viable income producing properties.  

If you are looking to purchase investment property or have a Pensacola area rental that you need leased or managed, give our office a call so our agents can assist you. 

Have questions about the Pensacola area rental and real estate market? Post them below, email me, visit our website, or give us a call! 

Thanks and have a great day,
Nicole St. Aubin, Broker Associate
Realty Masters of FL~ #1 in Pensacola Property Management
4400 Bayou Blvd. #58B, Pensacola, FL 32503
Call us at (850) 473-3983

Over 45 Pensacola Rental Homes at www.PensacolaRealtyMasters.com

Thursday, February 4, 2016

Sailwind Condos, Gulf Breeze, FL 32561

Sailwind Condos, Gulf Breeze, FL 32561
Close proximity to Gulf Breeze Schools and Rec Center in Gulf Breeze Proper makes this condominium a favorite! 


The Sailwind Condominiums are located in Gulf Breeze at 1100 Shoreline Dr., Gulf Breeze, FL 32561 in Santa Rosa County. 





This portion of Gulf Breeze is commonly referred to as Gulf Breeze Proper and is <1 mile to Pensacola Beach as well as the 3 Mile Bridge which leads to the community of Pensacola in Escambia County. 


Sailwind Condos in Gulf Breeze 
The entire area is within a few mile radius of Pensacola Bay. This complex is located along Shoreline Dr. just off Hwy 98/ Gulf Breeze Pkwy, which borders Pensacola Bay and is located within the City Limits of Gulf Breeze. 

There are a total of 9 buildings which are numbered 1 through 9 with a varied number of units in each.  In total, there are 80 condos at Sailwind. 

There are two floors plans with varying square footage as some units are 2 bedroom 2 bath with 980 square feet and some are 3 bedroom 2 bath with 1,200 square feet.  
1100 Shoreline Dr. Condos at Sailwind

1100 Shoreline Dr, Gulf Breeze, FL 32561 Condo
Complex pool at Sailwind Condos, Gulf Breeze Proper


Sailwind Condos Community area by pool
Sailwind Condos Community area by pool 

Saildwind Complex Information
  • 2 Parking spots per unit with guest parking available
  • Complex inground pool with pool furniture
  • Sidewalks in Community
  • 2 bedroom 2 bath units
  • 3 bedroom 2 bath units 
  • Clubhouse and community laundry
School Districts: 
Gulf Breeze Recreation Center
Gulf Breeze Recreation Center
  • Gulf Breeze Elementary School- A School Rating for 2014-2015
  • Gulf Breeze Middle School- A School Rating for 2014-2015
  • Gulf Breeze High School- A School Rating for 2014-2015 
Proximity:
  • <.5 miles to Shoreline Park and Gulf Breeze Recreation Center
  • <1 mile to 3 Mile Bridge and Pensacola Beach
  • <5 miles to downtown Pensacola and I-10

Homeowners Association at Sailwind Condos
1100 Shoreline Dr.  Gulf Breeze Homeowners Association Management
Sailwind Condos, Gulf Breeze Proper
There is an active homeowners association which manages the complex. Visit our website to view the homeowners association documents at www.PensacolaRealtyMasters.com

The association dues as of 2016 are paid monthly in the amount of $210 for a 2 bedroom and $263 for a 3 bedroom.  The association provides lawn maintenance, trash, common ground maintenance, pool care, pest control, exterior insurance, and professional management of the complex.  
Sailwinds Community in Gulf Breeze Proper near the beach and highly rated schools! 

Condos for Rent at Sailwind Condos
Most of the properties are owner occupied at Sailwind so it's not often that a unit comes available for rent. In fact, in 2015 there were no rentals in Sailwind on Pensacola MLS. Because of the high demand of the location, properties rent between $900 and $1,200 in this area.

Inventory changes daily and Availability does not last in this location. Email NicoleS@PensacolaRealtyMasters.com for current availability and check our website at www.PensacolaRealtyMasters.com for over 45 available rentals in the Gulf Breeze, Pace, Milton, Navarre, and Pensacola areas. 

Condos for Sale at Sailwind Condos
The average purchase price for a 2 bedroom 2 bath unit in 2014 and 2015 was approximately $96,000.  Are you interested in purchasing a condo at Sailwind? Call local real estate expert Pamela Keen Brantley at (850) 473-3983.

Happy House Hunting!  Over 45 rental homes and apartments available in the Pensacola area- visit our website www.PensacolaRealtyMasters.com to view them. 

Realty Masters of FL~ (850) 473-3983
4400 Bayou Blvd. #58B, Pensacola, FL 32503
#1 in Pensacola Rental Houses & Apartments
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