Anne Hensel | Saint Petersburg Real Estate, St. Pete Beach Real Estate, Seminole Real Estate



This listing recently sold for $229,000.

2310 CATALONIA WAY S, ST PETERSBURG, FL 33712  

Residential
$229,000
Price
$229,000
Sale Price
3
Bedrooms
2
Baths
Golf Community Home in Lakewood Estates – Overlooking the 8th fairway of the St. Petersburg Country Club, this home features 3 bedrooms, 2 baths and a spacious enclosed, air-conditioned Florida Room and offer a total of 1900 sf. You can move your furniture into the freshly painted, finely finished wood floors throughout the living room, dining room, hall way and all 3 bedrooms. The chef-friendly kitchen with tiled floors opens into the pantry with lots of cabinets. There is a one car garage with a work station and indoor laundry room, which are attached to the house. The fenced-in backyard has a variety of Florida plants, an outdoor patio for easy entertaining and a large shed that has studio potential. Ample parking for family and guests plus extra space for a boat trailer or RV. Best of all, home is NOT in a flood zone. Adjacent to Lakewood Estates is the 245-acre Boyd Hill Nature Preserve. This home is easily accessible to Hwy. 275, downtown St. Petersburg, Hospitals, USF and the beautiful Gulf beaches, boating, fishing and all kinds of fun watersports.


In a competitive housing market--like the one we have today--sellers are fielding numerous offers, especially in desirable urban and suburban hubs.

If you’re hoping to buy your first or second home, it can be tough to make offer after offer with no success.

However, there are some things you can do to help ensure your time house hunting is well-spent and to increase your chances of getting your offer accepted.

In today’s post, I’m going to give you a few tips on how to win a bidding war on your dream home.

All-cash offer

The most effective way to ensure that your offer is accepted is to make it in all cash. Cash offers drastically simplify the real estate transaction process, making things easier on the seller.

Most buyers, especially first-time buyers, won’t be able to make an all-cash offer on a home. However, people who are downsizing after their children moved out or are buying a retirement home may find themselves in the ideal financial situation to be able to leverage a cash offer.

If that sounds like you, consider a cash offer as part of your bidding strategy.

Waive the financing contingency

If you’re new to real estate contracts, you might be wondering what a contingency is. Essentially, a contingency is an action that needs to be completed before the contract becomes valid and the sale becomes final.

There are a number of different contingencies that can be found in a real estate contract. However, the most popular are for inspections, appraisals, and financing.

If you’re planning on taking out a mortgage to purchase the home, a financing contingency protects you in case you aren’t able to secure the mortgage in time. In other words, you’re not on the hook for a home you can’t pay for.

In some special situations, buyers might decide to waive the financing contingency, signaling to the sellers that there won’t be any hang-ups or delays from the buyer regarding financing the home.

Waiving this contingency comes with risks (namely, being responsible for coming up with the money to pay for the home). However, there are ways to safely waive a contingency.

The most common approach is to get a fully pre-approved letter from a lender. The important distinction here is that your mortgage needs to be pre-approved and underwritten (not just pre-qualified), otherwise you again risk getting denied the mortgage in the last moments before buying your home.

Crafting a personal letter

Sometimes all it takes to win a bidding war is to be the seller’s favorite candidate. Take the time to write them a personalized letter. Explain what you love about their home and why it’s perfect for your family.

Avoid talking about big changes you’ll make. Remember that they probably put a lot of time and money into the home, making it exactly the way they want it, and won’t appreciate you making huge plans to undo their work as soon as they’re out the door.


Using one, or a combination of, these three techniques, you’ll be able to give yourself an edge over the competition and increase your chances of getting your offer accepted.


BEST VALUE IN THE COMMUNITY!! This is a great price to access this sought after Yacht & Tennis Club with park-like manicured grounds, large pool and hot tub directly on the Intracoastal, 7 HarTru tennis courts with tennis pro on staff part time during peak season months, newly renovated clubhouse for community or your own private parties, outdoor grills, gazebo, saunas, marina with boat slips - everything you would expect from a gated luxury community. And all this plus walking distance to award-winning beaches, restaurants and night life. Welcome to paradise! This unit is over-sized compared to most in the community, has a beautiful open balcony with idyllic views of pond, fountain and intracoastal waterway and is ready for you to make the updates that will make it your own. Large master bedroom with intracoastal view has walk in closet and adjacent master bath. Eat-in kitchen, laundry closet and large guest room are also available, making this a perfect permanent home or a luxury get-away - or an investment property, as the community has a very positive rental track record. Come and see one of the best values in one of the best locations St Pete Beach has to offer. Easy access to trendy downtown St Pete, Clearwater and Tampa Airport.

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9425 BLIND PASS RD #203, ST PETE BEACH, FL 33706  

Residential
$299,000
Price
2
Bedrooms
2
Baths
BEST VALUE IN THE COMMUNITY!! This is a great price to access this sought after Yacht & Tennis Club with park-like manicured grounds, large pool and hot tub directly on the Intracoastal, 7 HarTru tennis courts with tennis pro on staff part time during peak season months, newly renovated clubhouse for community or your own private parties, outdoor grills, gazebo, saunas, marina with boat slips - everything you would expect from a gated luxury community. And all this plus walking distance to award-winning beaches, restaurants and night life. Welcome to paradise! This unit is over-sized compared to most in the community, has a beautiful open balcony with idyllic views of pond, fountain and intracoastal waterway and is ready for you to make the updates that will make it your own. Large master bedroom with intracoastal view has walk in closet and adjacent master bath. Eat-in kitchen, laundry closet and large guest room are also available, making this a perfect permanent home or a luxury get-away - or an investment property, as the community has a very positive rental track record. Come and see one of the best values in one of the best locations St Pete Beach has to offer. Easy access to trendy downtown St Pete, Clearwater and Tampa Airport.


If you’re hoping to buy a home in the near future there are several financial prerequisites that you should aim to meet. Ideally, you’ll want a sizable down payment, a verifiable income history, and a good credit score.

It takes time to build credit. For most people, it can be several months or even years before they see a double-digit change in their credit score. However, if you have a low credit score and want to give it a quick boost, there are ways you can make a big difference.

But first, why should you focus on your credit score?

Credit scores and mortgages

When you apply for a mortgage there are several factors that your lender will take into consideration. One of their top concerns will be your credit score. This score is like a snapshot of your financial reliability. It tells lenders how much risk is involved in lending to you.

As a result, lenders will increase your interest rate if you are high risk and lower it if you are lower risk. To be a low risk homeowner, you’ll want your score to be in the high range, (usually 700 or above).

Credit change potential

Depending on your financial history, it can be more difficult to raise your score in a shorter period of time. If you are young, don’t have a long credit history, or haven’t had many bills to pay in your lifetime, your score will be more malleable than someone who has had low credit for years due to late payments.

In the United States, you have to be eighteen to open up a credit card or take out a loan by yourself (this is different from getting a loan co-signed by a parent or guardian).  You can also ask your parents or guardians to add you as an authorized user of their credit cards. This will let you build credit without having to settle for the high interest rate credit cards you would be eligible for.

If you happen to have a low score (anywhere between 300 - 600), the good news is you can achieve a larger change over a shorter amount of time than someone who already has a high score.

So, how do you achieve that change?

Credit errors

One of the easiest ways to quickly improve your score is to check for errors in your credit report. You can get a free report each year from the three main credit bureaus--Equifax, TransUnion, and Experian.

Look out for bills that have been mistakenly put under your name and for collections that shouldn’t be on your account.

Avoid new credit

One thing that can do short-term harm to your credit score is opening or attempting to open new lines of credit. That can be a store card, a loan, or getting your credit checked by a lender.

If you want to build credit quickly, making several inquiries could land you with a lower score than where you started.

Pay your regular expenses with credit

A good way to gain credit points in a few months is to pick a monthly expense to use your credit card for. Pay off your full balance at the end of each billing cycle to earn the most points while avoiding building up too much interest.





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