Pensacola Florida Real Estate News & Listings Presented By The Mostoller Group Realty

Weekly Tip:

Tue, 07 Feb 2012 03:00:00 GMT

Now is a great time to be purchasing real estate. Prices are low, interest rates at an all time low, and I believe we are on the threshold of major equity building opportunities as this economy continues to recover. Waiting to purchase could be costly. For example, if the interest rate rises 1%, the monthly payment on a $150,000 loan would increase by $88.45 for a 30 year loan. If the housing market returns to its normal appreciation rate 4% that we enjoyed prior to the craziness, a $180,000 house today will cost $187,200 a year from now.

Let me know when and how I can assist you in capitalizing on this exception opportunity.

Another Recommendation:

Mon, 06 Feb 2012 03:00:00 GMT

Deborah Ridder

(client)
Deborah hired you as a Real Estate Agent in 2010

Top qualities: Personable, Expert, High Integrity

“We hired Bernie to assist us in the sale of my parents home when it became neccessary for my parents to come live with us. Bernie was very professional yet also very personable and sensitive to our situation. Bernie gave sound, expert advice but was always open and willing to hear our point of view and concerns. I would recommend Bernie Mostoller without exception for your Real Estate needs.” January 13, 2012

Client Recommendation:

Thu, 02 Feb 2012 03:00:00 GMT

Deborah Ridder

(client)
Deborah hired you as a Real Estate Agent in 2010

Top qualities: Personable, Expert, High Integrity

POPULAR BUT SECLUDED

Wed, 01 Feb 2012 20:45:53 GMT

POPULAR BUT SECLUDED NEIGHBORHOOD BUT CONVENIENT TO SHOPPING MALLS, HOSPITALS, SCHOOLS, ACCESS TO INTERSTATE. THIS HOME IS WELL DECORATED WITH MANY FEATURES, LARGE DEN, FLORIDA ROOM, FORMAL DINING, OFFICE/STUDY CAN BE USED AS LIVING ROOM. LOTS OF TREES, DECK IN BACK YARD GREAT FOR ENTERTAINING. THIS COULD BE AN EXCELLENT OPPORTUNITY FOR AN INVESTOR AS THE IT IS CURRENTLY RENTED FOR $1250 PER MONTH.

Tax Tip

Wed, 01 Feb 2012 03:00:00 GMT

Deductible Is the Point

Points refer to prepaid interest on a home mortgage and can be fully deductible by the buyer in the year paid if the right conditions exist. The points must be used to buy, build or improve a taxpayer's principal residence but not all fees charged by the lender are necessarily deductible.

According to IRS Publication 936, "The term 'points' is used to describe certain charges paid, or treated as paid, by a borrower to obtain a home mortgage. Points may also be called loan origination fees, maximum loan charges, loan discount, or discount points. A borrower is treated as paying any points that a home seller pays for the borrower's mortgage."

If you purchased a home in 2011, have your tax professional evaluate your closing statement to see if there are loan fees that may be used as a deduction on your tax return regardless of whether you or the seller paid them.

Refinancing a principal residence or purchasing an investment or income property require that points must be deducted ratably over the term of the mortgage rather than deducting them fully in the year paid. Borrowers in these situations should consider the benefits of lower interest rates from paying point to higher interest rates without points.

This article is meant to provide information that can be discussed with your tax professional about your specific situation and is not to be considered tax advice.

Another Satisfied Client

Wed, 01 Feb 2012 03:00:00 GMT

Freda Hubbard

(client)
Freda hired you as a Real Estate Agent in 2007

Top qualities: Great Results, Expert, High Integrity

“In August 2007, I contacted Bernie to assist me in purchasing a home in the Pensacola area. A friend of mine had given me Bernie's telephone number and advised me that he was highly reputable and had been a realtor in this area a long time. I lived in NC at the time and knew nothing about the Pensacola area, so it was important for me to have a realtor who was totally familiar with the area. I met with Bernie when I arrived a few weeks later, and I found the home I wanted to purchase the first day that he and I looked at available properties. We had already discussed the price range and type of property I wanted and he didn't waste time showing me properties that I wouldn't be interested in seeing. I was living in NC at the time and thought that I would have to be present on the settlement date. However, Bernie assured me that he would take care of the details involved in my purchase and that I wouldn't have to be present on settlement day. I have closed on property before and I know that closings can be very stressful. Because Bernie took the time and effort to ensure that any concerns I had were addressed and resolved before settlement date, the closing on my new home went very smoothly, much to my delight. When I moved to my new home here in October 2007, Bernie kept in contact to see that all was going well for me. I appreciate the invaluable assistance Bernie provided me. I am happy to highly recommend Bernie's services to anyone who is buying or selling real estate. He is most delightful to work with, as well as totally reliable and trustworthy. In my opinion, he is the best realtor with whom I have ever worked.” January 17, 2012

FANTASTIC HOME IN CANTONMET!

Mon, 23 Jan 2012 17:20:44 GMT

THIS 2 BEDROOM 1 BATH HOME ALOT TO OFFER WITH NEW ROOF (10 YR LABOR, 30 YR MATERIAL WARRANTY), A/C, kitchen counters, on demand hot water heater, plumbing, circuit breaker box, termite bond, and all appliance stay with home. Rafters are 2x6 and tonge and groove planks instead of plywood sheeting on roof. Nice sized corner lot provides room for growth and the detached one car garage is made of concrete block. Great home at an affordable price and within walking distance to Champion golf course!

Convenient Northeast Pensacola location, just off Scenic Hig

Thu, 19 Jan 2012 17:53:10 GMT

Convenient Northeast Pensacola location, just off Scenic Highway and Olive Road. Bright and open floorplan. Wood and brick exterior, new roof, fresh paint and inside laundry. Central Heating and A/C. Nice paint and carpeted, with mini blinds and closet organizers. Fully fenced backyard with large decks with sitting areas off family room. Quiet neighborhood with sidewalks. Owner will consider small pets.

FOR RENT IN GOLF COMMUNITY AT THE MOORS GOLF COURSE.!!!!!!!!

Fri, 23 Dec 2011 21:03:48 GMT

Golf Community at The Moors Golf Course. Creek Front charm. Heritage oaks. Courtyard design. Private guest house. Quality construction and features. 6 minutes to PJC/UWF Milton campus. 13 minutes to University Mall in Pensacola. Gleaming hardwood floors. Granite Counters. Tumbled Marble back splash. Sunroom. 8 ft French doors. 20'8 x 34'7 Screened Courtyard. Water access to Escambia Bay with small boat, canoe or kayak. Large cul-de-sac lot provides privacy. Extensive crown molding. Fireplace with custom mantle. Truly an exceptional property for the discriminating homeowner.

1316 BRIDGE CREEK TER, PENSACOLA 32506

Thu, 08 Dec 2011 20:51:50 GMT

Spectacular Opportunity! This one owner custom built home has sooooo much to offer and at an affordable price! It is located in Woodridge Manor, convenient to NAS Pensacola, Navy Hospital, Exchange and Commissary, short drive to Perdido Key and Orange Beach, AL. The corner lot is oversized for the neighborhood and allows for a side entry garage. There is an additional carport for boat and RV parking to the left of the drive. A large 30 x 12 workshop with a rollup garage style door with garage door opener will make any hobbyist happy. There is an additional shed for lawn equipment. An above ground pool will stay for your summer enjoyment. There is a beautiful gazebo that can be purchased but not include in this listing. Pride of ownership is obvious as you enter the home. Gleaming hardwood floors with a carpet inlay are in all common areas. The kitchen features a gas range for the chef of the family. Two guest bedrooms and bath are to the right of the spacious great room, master bedroom to the left. Both the master bedroom and great room have trey ceilings. The master bath features dual vanities with Corian counter tops. The original builder quality bathtub has been replace with a beautiful, easy to clean Corian shower. An awesome job. The master bedroom and great room open to a heated and cooled Florida room, perfect for casual living. This is a must see. Check out the pictures and virtual tour by clicking on the presentation picture. Square footage includes heated and cooled Florida room. Information deemed accurate, buyer to do own verification.

6265 LONG ST, MILTON 32570

Fri, 02 Dec 2011 21:21:09 GMT

Terrific patio home convenient to everything in Milton. Covered porch, ample kitchen cabinets, 9 ft breakfast bar, and 9 foot ceiling. Nice deck off from living room. All offers subject to Army Corp of Engineers HAP Program. Reasonable offers will be considered, but any agreement with the seller will be subject to HAP approval.

116 MIRABELLE CIR, PENSACOLA 32514

Sat, 05 Nov 2011 20:01:50 GMT

Great 2-story Patio Home in Convenient Mirabelle! Extensive updates throughout . All floors are hardwood or ceramic tile, great for folks with allergies and or pet. Great room with cathedral ceiling, plant ledge and a fire place. Powder room for guests. Master bedroom is on the main floor, 2 bedrooms and a bath upstairs. New electric range with convection oven. New High Efficiencey Heatpump. Owners says average electric bill is $125 per month. Motorcourt entry garage with lots of storage. Click on photo for additional media. Arrange for your appointment to see today!

STRAIGHT OUT OF SOUTHERN LIVING!!!!!!!!

Thu, 03 Nov 2011 19:51:28 GMT

Straight Out of Southern Living! This exceptional house is a Southern Living plan, built by one of the Pensacola area's finest builders. From the moment you arrive, you know you are looking at something special. The elegance of a circular drive off the boulevard street welcomes you. To the left is a drive leading to a side entry three car garage. Inside the front door is a spacious foyer with stairs to the left and opening to a large great room to the right. A banquet-sized dining room is also to the left. Any cook will appreciate the large, fully equipped kitchen with a breakfast nook, solid surface counters, and an island with breakfast bar. All of this overlooks the screen enclosed pool and the golf course view. The trey ceiling in the master bedroom catches your eye as you enter. To the rear of the bedroom is a separate sitting area, which opens to the lanai. A luxury master bath with dual vanities, separate shower and whirlpool tube is there to pamper you. There is a powder room off the hall leading from the foyer to kitchen A large laundry room with room for a freezer leads to the three car garage. Upstairs you will find four additional bedrooms, one being a suite, plus an additional bath. This is not a short sale but is price competitively. This is your chance to live in Stonebrook Village, a gated golf community, one of Pace, FL's finest.

ROOM FOR EVERYONE IN THIS SPACIOUS ONE OWNER HOME!!!!

Wed, 19 Oct 2011 19:10:23 GMT

Room for everyone in this spacious one owner home. Bright and open floorplan with cathedral ceilings. Huge kitchen with island for cooking and entertaining. Breakfast area overlooks greatroom and backyard. The formal dining area is spacious enough for a banquet sized table. The 23 x14 master bedroom features a trey ceiling. There's lots of space in the master bath as well including his and her closets, double vanities, separate shower, garden tub, and glass block window. Three additional bedrooms and two full baths will accomadate most any family. A walk in pantry leads to a large laundry room with room for washer, dryer, and freezer. This is alot of home for less than $80 per square foot. Come check it out, you will be happy you did.

A CREEK RUNS THROUGH IT!!!

Fri, 14 Oct 2011 19:59:14 GMT

A CREEK RUNS THROUGH IT! * Almost a full acre with Live Oak trees and a navigable stream. * 20 minutes from downtown Pensacola and 25 minutes to Crestview. * One of a kind custom home. * Living room has two walls that are floor to ceiling windows overlooking backyard and stream. * Cook's kitchen with commercial grade gas range and double oven. * Large walk-in pantry. * Two fireplaces. * Plantation shutters. * Large screen porch plus additional covered porch area. * Detached garage with room for 4 cars. * Energy efficiency: Green features include geothermal heat pump, R41 attic insulation, R27 wall insulation. Quiet cul-de-sac location. Many more features too numerous to mention. Click on photo for more enlarged media. Come and see to truly appreciate.