The 5 Biggest Mistakes Home Sellers Can Make

Here are the five biggest mistakes you can make when putting your home on the market: 1. Overpricing the home. It’s not a good idea to price your home out of the market because then it will become a comparable home, and all of your neighbors will end up selling their homes before you sell yours. 2. Not properly preparing the home for sale. Putting your home on the market is sort of like participating in a beauty contest—you need to make sure your home is showing like a model. Make sure you go through every room in the house… Read More

Giving Chicken Guy! A Try

Food Network star Guy Fieri’s Chicken Guy! recently opened right next to Planet Hollywood at Disney Springs, offering up a menu of—you guessed it—chicken-centric fare. In addition to chicken tenders, sandwiches, and salads, Chicken Guy! offers a selection of over 20 different sauces! We went shortly after the restaurant opened for the day, which I highly recommend because there’s limited seating inside, with some additional tables outside. The three tender combo meal, which includes a side of fries, a drink, and choice of two sauces, seemed like a good option. We ordered two of those, and they comfortably fed three people for… Read More

The iBuyer Route vs. the Traditional Route of Selling a Home

Today we are going to be examining a case study of the home buying process from two different perspectives: the iBuyer program and the traditional route. Even if you’ve never heard of the term “iBuyer” before, I’m sure you’ve heard of these programs where someone online will come in and purchase your home sight unseen and you get to pick the closing date and everything’s nice and easy. We recently worked with a seller who was trying to determine whether they wanted to go through this route or the traditional route, and here’s what they discovered. Through the iBuyer route,… Read More

What Are the 8 Steps to Buying a Home?

As a homebuyer, there are eight steps to the purchasing process that you need to be aware of and be prepared for: 1. Decide whether you actually want to buy in the first place. For most people, buying a home is the largest, most important investment they’ll ever make. There’s never really a wrong time to buy a home, and you don’t need to know everything there is to know about real estate because you can hire an agent to help you along the way, which brings us to our next step. 2. Hire an agent. There are thousands of… Read More

Our 2018 Mid-Year Market Update

Currently, we are in a mixed market, which means that we have a combination of a seller’s market, a balanced market, and a buyer’s market. As a refresher, a seller’s market means the demand for homes is high but the supply is low, favoring sellers in the market. A balanced market means there’s a roughly equal amount of homes available and buyers to purchase them. A buyer’s market means there are plenty of homes available to sell, but fewer buyers, which skews the market in the buyer’s favor. For the homes in the market that are listed between $100,000 and… Read More

8 Ways You Can Make the Most of Your Summer

Have you and your family been brainstorming ideas about how to have fun this summer? Today I’ll provide you with a list of free or inexpensive suggestions about how you can make the most of the season. If you like the outdoors: Try taking the kids to the splash pad in the downtown waterfront area—it only costs $2! At Lake Louisa, there are nature trails, like the West Orange Trail, to hike as well as kayaks and canoes to rent. The Showcase of Citrus is another great opportunity for fun. There are places to take photos, take a ride in… Read More

What’s Coming Into Clermont?

  What kind of bars, restaurants, condominiums, and other establishments can you expect coming into Clermont in the near future? Let’s start with the downtown Clermont area. If you’ve seen a bunch of new construction downtown and you’re wondering what’s going on, we have some exciting news. We have a 17-unit condominium being built called Victory Point Condos. They’ll start breaking ground on this condominium in late 2018 and pre-selling condos in the $350,000 range. Moving on to bars and restaurants, here are a few that will debut downtown soon: Yellow Dog Eats. If you haven’t tried them out yet,… Read More

Our Road Map to Success for First-Time Homebuyers

As a first-time homebuyer, there’s a step-by-step roadmap to success that we want to share with you to make sure you have the best purchase possible. First, before you head out on your adventure, check your equipment. By this, I mean pay your bills on time and check your creditworthiness. Remember, the higher your FICO score, the lower your monthly payment. If your credit score is high, your monthly mortgage payment will be more comfortable than the rent you’re used to paying. After that, save some money. You’ll need funds for your down payment, closing costs, inspections, surveys, the appraisal, and anything… Read More

Don’t Let These 7 Misconceptions Keep You From Your Dream Home

If you are looking at purchasing a new home, you probably have an idea of how the process works and what you need to succeed. Today I want to talk to you about the seven misconceptions that buyers have about the real estate process. You need to have a 20% down payment. There are plenty of people who purchase homes with much less than 20% down. In fact, some programs even allow you to forgo a down payment altogether. To determine which program best suits your needs, I highly recommend getting in touch with a lender. You have to have… Read More

A Quick Update on the Real Estate and Interest Rate Markets

If you saw my video earlier in the year, I gave a prediction that interest rates were going to start increasing. That has started to happen. Since the first of the year, we’ve seen a 0.5% increase. I wanted to break that down for you and what it means to you as a buyer or a seller. Let’s say you were to buy a home at $300,000 and do a conventional loan with 20% down. The interest rate that you’d be paying on that loan today would be around 4.625%. The loan amount would be $240,000 and the monthly payment would be… Read More

Do You Know Anyone Looking for a Career in Real Estate?

Do you know anyone who’s looking to start a real estate career? Our team has open positions and we’re on the lookout for individuals who possess the following characteristics: Being loyal Having a servant’s heart Being growth-minded Is a team player If you know someone with these qualities who’s interested in being a part one of the best teams in Lake County, feel free to reach out to us and let us know. They don’t have to currently have their real estate license, but if they do, that’s always beneficial. Email us at careers@mkghomes.com and we’d be happy to talk… Read More

Keys to Ensuring a Successful Closing

Today I’m here to give you all the necessary tips to have a successful closing. Let’s start on the buyer’s side. When you’re a buyer, one of the biggest things you want to make sure you do is have a final walkthrough inspection on your home prior to closing. This typically happens anywhere from 24 hours prior right up until your closing. You also want to make sure that you’ve been able to review your closing disclosure and that the numbers match up with what the lender describes to you. Then you’ll want to make sure to wire all of your… Read More