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Market Conditions in 33175 : Real Estate Advice

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Activity 1
Wed May 14, 2008
Nice Profile answered:
Luis the idea is a good one. If I was you, I would get an estimate on the value of the land and depending on the area, you will know if you need to use the equity in your homestead. Order an appraisal on the land and used that as basis. Construction is very slow and you can get good deals on the labor and materials. What you need to watch out for is that we are in a depreciating market and the lender will take that into consideration. Also you need to consider the Hurricane season is coming up. The first thing I would do is get an appraisal and sit with the lender. You also need a professional contractor and also Realtor to help you market your homestead once your dream home is finished. If you have any questions, don't hesitate to contact us. Thank you ... more
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