Monday, August 25, 2008

Picturesque 15+ Acre Turn-Key Equestrian Estate Centrally Located Between Gainesville and Ocala

Luxury Florida Ranch Living
Offered at $699,000
3 BR/2 BA 2396 Sq. Ft.
Year Built: 1999

Experience the finest in Florida ranch living on this picturesque, 15 acre turn-key equestrian estate. Centrally located between Gainesville, the University of Florida & Shands and Ocala, the Horse Capital of the World, the elegant home features: a three (3) bedroom split plan, two (2) full baths, a half (1/2) bath off the screen enclosed pool and lanai - great for entertaining, bright and open kitchen with skylights, center island with breakfast bar and double sinks, oak cabinets, breakfast nook, great room with formal living and dining areas, separate family room, luxury master bath with jetted marble tub, dual vanities, walk-in shower, double closets, built-in tv shelf in master bedroom, extensive marble in both baths, mud/laundry room with shower, utility sink and pantry, a bonus office off the three (3) car, side entry garage with attic storage, high ceilings and trey ceilings, central vacuum, water softener, all appliances convey, including washer and dryer and refrigerator with icemaker, irrigation system and an automatic whole house generator (propane) to back up house, barn and mobile. The home's filled concrete block construction meets Dade County hurricane standards.

Past the property's gated entry are the most beautiful 15 acres of fenced and crossed fenced pasture, a pond and a topnotch six-stall center isle barn with tack rooom, loft, water and electric, stallion stalls, concrete flooring, a run-in, hitching posts and a cattle chute.

Additional residence on-site perfect for guests or farm help is a 1989 3/2 mobile home in excellent condition (however, conveyed "as is") with washer and dryer.

This property presents the best opportunity for the modern day rancher to operate with ultimate convenience and comfort in the premium North Central Location of historic Micanopy, Florida. Shown by appointment only, so be sure to call Kyle or Mona today at 352-358-4117 to schedule a showing. Thank you for your interest!

Tuesday, August 19, 2008

Does It Make Sense to Lock-In Your Mortgage Rate?

Locking in a mortgage rate with a lender is one way to ensure that same rate still will be available when you need it. Lock-ins make sense when borrowers expect rates to rise during the next 30 to 60 days, which is the usual length of time lock-ins are available. A lock-in given at the time of application is useful because it may take the lender several weeks or longer to prepare a loan application (though automated loan practices are cutting this time dramatically). However, some lenders require borrowers to pay lock-in fees to assure particular rates and terms. Be sure to check that the rates and points are guaranteed and that your lock-in period is long enough. If your lock-in expires, most lenders will offer the loan based on the prevailing interest rate and points. Lenders may have preprinted forms that set out the exact terms of the lock-in agreement. Others may only make an oral lock-in promise on the telephone or at the time of application.

More Resources:
* "A Consumer's Guide to Mortgage Lock-Ins," is an online brochure, published by the Federal Reserve Board and Office of Thrift Supervision, Washington, D.C.