Tag: melissa yardy

Warm Weather, Beautiful Beaches, and Southern hospitality: You’ll find them in Florida!


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If you are a looking to settle in a place with a low cost of living but offers a lot of comfort and leisure, Florida is the place to go.

Real estate brokers, like Melissa Yardy and Raymond Bolduc, know that the house prices in Florida are comparatively lower than in other parts of the US. It is also home to some of the best medical centers in the country, due in part to retirees having flocked the place.


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Aside from promising cheaper home prices and excellent healthcare, Florida offers warm weather, beautiful beaches, and Southern hospitality that you can hardly find in other states.

Florida has earned the nickname “Sunshine State” because of its warm and fairly humid climate. While the north and central parts of the state is humid tropical, South Florida is tropical. The warm weather is perfect for people who seek an active lifestyle and love swimming in beaches, visiting theme parks, and fishing.


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Florida has a 1,197-mile coastline with 2,276 miles of tidal shoreline and 663 miles of beaches. The beaches have warmer water compared to that of the rest of the US. Because of abundance of beaches here, one is never more than 45 minutes away from dipping, wading, or diving into the water. There are also five cruise ports in this place, which means that those who love cruising can save a lot of money on airfare.

The local residents in Florida are known for their hospitality. Being part of the Southern United States, the local residents are stereotyped for being hospitable to visitors. This hospitality can be rooted in the religiosity of the region, which teaches that one should be good to strangers.

Florida is pretty much a paradise, both for the young people and the elderly who want to enjoy retirement.

If you are looking for homes to buy or rent in Florida, check out these featured listings.

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Real estate as portfolio diversifier and inflation hedge


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Although real estate is one of the world’s riskiest and most lucrative industries, it remains to be the best way for investors to expand, diversify, and protect their portfolio. This sector of the economy is specially used as part of a long-term core strategy to stabilize income flow. It is noted for its high market efficiency and the role it plays in the variability of stock and bond returns.

Diversification
The traditional notion on real estate is anchored on its capacity to encourage assets diversification and increase the purchasing power of capital. The National Council of Real Estate Investment Fiduciaries (NCREIF) reports that the market indexes for the real estate industry have consistently displayed low correlation with the returns of both stock and bond investments. This means that portfolio diversification can potentially be put to its maximum. New opportunities offered by real estate allow venture capitalists to customize their assets allocation and heighten their investment’s risk mitigation potential.


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Hedging Inflation
During periods of inflation, property owners can increase their rental rates. This gives way to an increased inflation hedging capacity, allowing investors to manage demand elasticity more conveniently. However, real estate professionals, including Melissa Yardy of Florida and Jack Friedman of Texas, point out that although this strategy is very plausible, property owners may still have to face steep competition in the marketplace.

Real estate has the potential to produce investments that can be readily diversified and increase the purchasing power of capital. However, the ability of the industry to act as an inflationary hedge is only possible when leasing opportunities are made available.


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This website provides more insights, information, and analyses about the real estate industry.

Melissa Yardy: Deciding What Type of Home to Buy

The full article can be accessed on the RE/MAX website.

So you’ve decided it’s time to become a homeowner.

Great decision! You’ll be making an investment in your future – and building equity in a place all your own – instead of enriching your landlord.

One of the most important decisions you’ll make as you proceed in the home buying process is the type of home you want to live in. A single-family home? A town home or condo? A duplex or triplex?

And what type of floor plan do you prefer? A single-family ranch? A multistory home or a tri-level?

There are many factors you should consider in making these decisions, including your lifestyle, family situation and financial circumstances, says George Groves of RE/MAX Prime Properties in Scarsdale, N.Y.

Seek an Affordable Home

One of the most important considerations is financial. You want to purchase a home for which you can make the monthly payments without stretching your budget.

“If you want to get started in real estate, a condo or town home is sometimes what you can afford,” Groves says. “They’re usually priced less than single-family homes.”

Another option for the cost-conscious is to buy a duplex or triplex, live in one of the units and rent out the rest.

“This is often the right way to go,” Groves says. “Now you can buy a property you otherwise couldn’t afford because you have rent payments helping cover the mortgage.”

Availability is another issue, Groves says. Especially in urban areas, there may be fewer affordable single-family homes than other types of properties.

Consider Your Lifestyle

Your lifestyle embraces many factors, including your age and state of health (and that of your family); how much time you spend at home; whether or not you plan to entertain a lot; how much work you want to do around the home.

If you and your family spend most of your time away from home, there’s no need to buy a big home or one with a big lawn. Your better choice might be a condo or town home, Groves says.

“Let your maintenance payments take care of things you would otherwise do yourself,” he says, including lawn care, exterior painting and snow removal.

You also might want to consider a newer property that won’t require too much maintenance.

On the other hand, if you’re homebodies, you may want a larger, more comfortable home – and if you like to throw parties or have people over for dinner regularly, you should take this into account as well.

If anybody in your household has mobility issues, it would be best to stick with a one-story home.

“Other than these factors, it’s a case of personal preference,” Groves says. “On a cost basis, if you have a three-story house, the third floor doesn’t have the same value per square foot as the first two stories – and the same goes for the basement. So you may get more space for less money that way.”

Often, Groves says, picking the right home is a matter of “feel.”

“If it looks like home and feels like home, buy it,” he says.. “It is quite often difficult to find a home you love, so even if it is a little more than you wanted to spend, if you can afford it, buy it. Do not buy a home just because it is a bargain. Quality of life should be a major part of your decision.”

Be in it for the Long Haul
Groves offers one final piece of advice in searching for a home.

“It should be for the long haul,” he says. “Not for speculation. In today’s economy, if you have a decent down payment, your mortgage payment should be roughly the same as your rent. And over the long haul, you’ll see appreciation as you go.”

Contact Meet Melissa Yardy

Melissa Yardy: Real Estate Prices in Pinellas Bump Up

Melissa Yardy St. Pete Beach

Tampa Bay Times quoted today that “Hundreds more homes sold across Tampa Bay last month than the year before, as tight supplies sent prices rising and helped the market build in strength.”  CoreLogic said this week that there is a nationwide surge as values climb and supplies dwindle after the market’s six-year slump.  American home prices rose 5 percent in September, the biggest yearly increase since 2006.

In St. Pete Beach and Treasure Island statistics show a rise in condo sales:


Number Sold
Average Sale Price

Time Period
September – Novemeber 2011 23 $253,000
September – Novemeber 2012 51 $258,000

As well as single family home prices:


Number Sold
Average Sale Price

Time Period
September – Novemeber 2011 31 $541,000
September – Novemeber 2012 28 $623,000

Inventory is at a 6 year low, making it a good time to list and sell your property in the upcoming seasonal market, January through May.  For more local real estate information visit www.MelissaYardy.com

THE END IS NEAR FOR FORGIVENESS

Melissa Yardy St. Pete Beach

THE END IS NEAR FOR FORGIVENESS

Now that the election is over and I want to make everyone aware that the The Foreclosure

Relief Act expires naturally at the stroke of midnight on December 31st, 2012 which means any short sale closings, deed in lieu of foreclosure, mortgage modifications with principle forgiveness and foreclosures with waivers of defiency, that occur, (which means it closes or is signed off by the

lender) on or after January 1st, 2013 will likely incur ordinary income tax on the borrower.

This IRS ruling on December 20th, 2007 created an opportunity for homeowners to sell their

primary residence less than what was owed, and although they would still receive a 1099 for

the difference but this phantom income was not taxable as if it was income for that year to

the homeowner. This ruling applied to most homeowners since the limit was 2 million. At the time, as a Realtor, is was a huge benefit to give these already distressed homeowners some relief and a little less to worry about. Over the last 5 years, it has been somewhat customary and I’m sure most

Realtors and homeowners do not realize this exemption is almost at it’s end.

As an example, if a homeowner has a $300,000 mortgage and the lender only receives $200,000

and cancels the debt, in a short sale then the seller would receive a 1099 for $100,000 for that

year as if they had received that much income for the year. If that taxpayer pays 15% taxes on their income then they would owe $15,000 in additional taxes. This additional burden would likely prohibit them from getting on their feet and moving past an already horrible situation.

I would encourage all Realtors to contact their congressman and make it known how important

that this Act be extended past this quickly nearing deadline.

Melissa Yardy: A Commitment to Clients

Melissa Yardy has been in the real estate business for over 30 years. Clients know they can depend on her to provide outstanding service, whether they are buying or selling.

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For those who are looking to sell, Ms. Yardy creates a customized and comprehensive marketing plan, which includes Ms. Yardy’s personal and financial investment in the sale. This will ensure that the property is exposed to the greatest number of possible buyers.

For those looking to buy, Ms. Melissa Yardy knows what makes the St. Petersburg area special. She understands why people are anxious to move here, with spectacular Gulf beaches and beautiful water that is just right for boating and other water activities, shopping, restaurants, and an amazing cultural, arts, and sporting scene.

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She also knows that the area is home to an outstanding array of luxury homes, condominiums, and condo hotels. With her expertise in real estate and her knowledge of the area she has helped countless clients through the years to find the home of their dreams. Whether the client wants to live on the beach, in the heart of St. Petersburg, or in a secluded cottage where they can relax and watch the amazing Florida sunrises and sunsets everyday, Ms. Yardy can help!

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Melissa Yardy is a Florida-licensed broker with the experience and know-how to help clients buy their dream home or sell their property. She carries out her commitment to her clients by using innovative marketing strategies, superior contract negotiation skills, and her excellent professional understanding of the ever-changing marketplace. Once someone becomes a client of hers, she is determined to make them a client for life by exceeding their every expectation. She operates under the principles of integrity, dedication, honesty, and accountability, with the goal of doing what is right for the customer and helping each client to fulfill their needs.

The Perks of Living in The Sunshine State

When talking about Florida, images of beaches, palm trees, and Spring Break parties come to mind. There is a reason it is called The Sunshine State: Florida is one of the most popular vacation destinations in the world because of its generally sunny weather. However, the state should be given credit more than for its beaches. Its generally very laidback atmosphere makes it a great place to live in.


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Moira McGarvey, founder of retirement planning site GangsAway!, wrote that Florida is a great place for retirement because of its low cost of living, which is perfect for those on a budget. Another reason would be the absence of income taxes, estate taxes, and inheritance taxes, as well as accessible healthcare services. Of course, these advantages aren’t just for the elderly; working professionals would equally benefit from these.


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Meanwhile, the younger generations can also enjoy living in The Sunshine State because of its thriving art scene and picturesque hangouts and a downtown that is full of energy. Art lovers can visit the many art galleries and museums that celebrate artists from different cultures, as well as watch theater productions in its key cities. Those looking to soak up the sun can go to any of the 161 state parks that offer a relaxing atmosphere. And for those seeking to enjoy good food and great finds, Florida is home to trendy urban centers like Miami and St. Petersburg where one can find quaint shops and restaurants that serve the best local dishes.

Indeed, Florida is the perfect home for those looking to have a quiet and relaxed life, where one can wear flip-flops any time of day and walk around the lively streets while enjoying the warm weather and the natural beauty of the water.

Melissa Yardy is a licensed real estate broker who has been selling properties in Pinellas County, Florida, for more than 30 years. Visit her website to learn how she can help you get your dream home in The Sunshine State.

Melissa Yardy: St. Petersburg Real Estate Expert

Melissa Yardy is a real estate agent who has worked in the St. Petersburg area for over 30 years. She is dedicated to both her clients and the area she serves.

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Ms. Yardy specializes in:

• Success! She is the recipient of several awards and honors, including Salesperson of the Year (1977), Top Agent in the South (1980-1985), and the Executive Club Award (1987-1993). She was also named one of the Top Women in Business by the Tampa Business Journal (2001-2010). Among her accomplishments, Ms. Yardysuccessfully marketed and sold the Villaggio, 36 units in Tierra Verde, and the Belle Grande, 27 units in St. Pete Beach.

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• Using innovative marketing strategies that are customized to each client. This includes effective use of the Internet and an e-marketing program for every listing. Ms. Yardy makes use of every resource available, including Pinellas Realtor Organization Multiple Listing Service (PRO), Trulia.com, Realtor.com, and Google Real Estate Classifieds. And, this is only a partial list of Internet sites that Ms. Yardy uses, insuring that clients’ properties get the most exposure possible.

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• Real estate experience. With her decades in the business, Ms. Yardy knows all the ins and outs of contract negotiation, and uses her skills to help her clients get the best deal possible.

• A thorough understanding of the marketplace and how it is continually changing, knowledge she uses to sell listings in the shortest amount of time for the best possible price.

However, the most important thing that Ms. Yardy offers is unparalleled customer service. This includes extensive patience, guidance, and vision when working with buyers to insure that they get the home of their dreams. She intends to exceed every buyer and seller’s expectation, working under the principles of integrity, dedication, honesty, and accountability. She is a dedicated professional who is determined to make each client a lifetime client!