Roof life. For sale by owner. Interest rates. Market conditions. Down payment assistance

Episode Transcript

Speaker 1 (00:14):
Navigating today's real estate market can be tricky. Wanta buyer,
soela house finance, or insure a house, or stuck with
a house and don't know what to do. Florida Talk
real Estate has been your local one stop real estate
shop since twenty twelve. Get the advice you need from
your local real estate pros. Here are your hosts, Jim
Depola and Johnny c. You live on real Radio.

Speaker 2 (00:36):
Yeah that's right.

Speaker 3 (00:36):
Good Saturday morning. Welcome to another edition of Florida Talk
Real Estate. We got you for the next two hours
of info attainment and I see you out there in
ninety one one o one seven. Thanks for tuning in
on the old terrestrial radio. Maybe you're on your free
download your iHeartRadio app World Why if that's the case,
and of course live stream and every Saturday morning as well.

(00:58):
Thanks for being with us right out the gates. Maybe
you're on Facebook, Florida Talk real Estate on Facebook. Maybe
you're on YouTube. That's Florida Talk real Estate LLLC on YouTube,
home of a ton of informational chunk videos plus our
live stream. Good to see you on a Saturday morning.
I don't see you, but you can see us. Thanks
for being there. Of course, you're always welcome to be
a part of the program. Toll free, questions, comments, concerns

(01:20):
in the world of real estate dial up eight seven
seven nine two seven six nine six nine.

Speaker 4 (01:26):
That's toll free.

Speaker 3 (01:27):
The first voice you'll hear the melodious tones of my
brother from another mother, Jimothy.

Speaker 4 (01:31):
How you doing, my dude?

Speaker 2 (01:32):
Hello, Hello, and good good morning. Johnny. How are you today?

Speaker 3 (01:34):
But dude, I'm so good man. Things are awesome. We're
on the right side of the dirt.

Speaker 4 (01:39):
Eh.

Speaker 3 (01:41):
Dodgers just keep winning, Gators just keep winning. Pistons are
going to make the playoffs for the first time. And
what feels like an eternity?

Speaker 4 (01:48):
How about that? Yeah? So what notice? Is all like?

Speaker 3 (01:50):
Sports intensive? Plus my little girls turning twelve this weekend.

Speaker 2 (01:53):
I got that.

Speaker 3 (01:54):
Yeah, ah, twelve. I might as well have hit the lottery.
IM sure, I'll trade it. I'll trade it all in
for the power ball. I mean really, yeah, trade it
all in. They are thanks for noticing. Yeah, yeah, even better.
I didn't think that was possible. Trying to get him up,

(02:15):
hands trying. Always good to see your old buddy, your
old pal. Let's get starting to line up as the
music runs out here, there's all Mike Rowd, the mortgage
guy from the mortgage room.

Speaker 4 (02:27):
How are you, buddy?

Speaker 5 (02:28):
I am doing great.

Speaker 6 (02:29):
I don't know if I'm doing as good as you are,
but holy cow.

Speaker 4 (02:31):
Yeah, you know what, sometimes you fake it till you may. Yeah. Yeah,
I don't know if.

Speaker 6 (02:36):
You trade all that in maybe except for the birthday.

Speaker 4 (02:39):
You don't.

Speaker 6 (02:39):
You don't want your daughter to stop aging?

Speaker 4 (02:41):
I do. Yeah, I wish. I wish you was seven forever.

Speaker 6 (02:44):
Speaking of our two youngest are both eighteen yesterday and
today really eighteen the babies, Yeah, yesterday, Tony today, Dude, I.

Speaker 7 (02:52):
Was just gonna talk about that, you don't have any
non adult.

Speaker 6 (02:57):
As of yesterday, Yes, as of yesterday. That's right. I know,
I you know, and I look so young. So we'll
get back to this. An amazing part, right, that is
the amazing part I got ideed yesterday in publics.

Speaker 4 (03:08):
You are young, though you're so young man.

Speaker 6 (03:11):
I turned I turned forty seven.

Speaker 4 (03:12):
You still have a four in your first number. Yeah,
yeah that's true. Yeah, yeah, you shut up about ag.

Speaker 6 (03:17):
Okay, yeah I started Hey, yes, I didn't feel like
I started that early, like I think my first uh
so this aboll is twenty one. I was twenty six. Nice, Yeah,
twenty six when my first that's not too early. I
think all's well, that ends well.

Speaker 3 (03:33):
So I was like, everything went well, congratulations, Well thanks
you've done good dad.

Speaker 6 (03:37):
Thank you for you trying to get into my pants.

Speaker 3 (03:39):
Yeah again always thanks for noticing my glasses, by the way,
and they look good to know it goes both ways. Yeah,
there's roskamaronettes with bright Winn insurance as Jude no beach.
You know the feeling of watching something get older in
front of your very eyes and going what is happening?
Why is time going so fast?

Speaker 4 (03:58):
Yeah?

Speaker 5 (03:58):
I much in the tooth get loose right now? First one?

Speaker 6 (04:01):
Really?

Speaker 5 (04:01):
Yeah?

Speaker 4 (04:02):
How much is the tooth fairy gonna give? Five bucks?

Speaker 5 (04:07):
Two dollars bill? Dollar bill?

Speaker 4 (04:10):
Nice? How about a how about a silver dollar? You
got any of those?

Speaker 5 (04:16):
I like it? But I just I think the appreciation
of a silver dollar at that.

Speaker 4 (04:21):
Age true, Yeah, it's not there.

Speaker 5 (04:23):
You know, the two dollar bill is still unique. Yeah,
so I mean that's what I'm meaning. Any bill at
this point, right, any.

Speaker 4 (04:31):
Cash you know what I mean?

Speaker 5 (04:32):
I mean, Johnny, I knew you give hundreds, but because
those are unique, but no, I'm sticking with the two.

Speaker 3 (04:38):
This is, this is, this is what ended up happening.
Probably my last oh, I don't know, maybe five six,
maybe seventeeth I would just take money that I already
gave her and put it for the tooth. I'm like,
why am I paying for all.

Speaker 5 (04:52):
These recycling You're that you're reducing your carbon footprints and
your consumer footprint.

Speaker 3 (04:57):
Five dollars from the last tooth that she hasn't because
she doesn't spend her money.

Speaker 6 (05:01):
You're pulling it out of the piggy bank or whatever.

Speaker 5 (05:04):
And now she's going crazy because she's got her Excel
spreadsheet of everything that she's put in her piggy bank,
and then she goes to count it. She's like, I'm
thirty seven dollars short. I'm short, Yeah, I'm short.

Speaker 4 (05:14):
Yeah.

Speaker 5 (05:14):
Now she's going to think you're stealing from her.

Speaker 3 (05:16):
And there's you want a little cheat code, So don't
worry about waking up in the middle of the night
or lasting in the morning slipping money and swapping the
tooth out, right, don't worry about that. Just put them
as soon as you hear let's put the little thing
in DA. You take the tooth, you keep the tooth,
put the money right in, slip it under.

Speaker 4 (05:33):
They never look. She has slept on top of that
money her whole.

Speaker 6 (05:37):
Life and had no idea. I'm definitely guilty of uh.
I definitely at least one morning there was a wake
up and and there's no the tooth is still there.
And I had to come up with an explanation on
the fly, which I forget exactly what I said, but
it was something like, there was a must have been

(05:58):
a ton of kids losing teeth last night. Yeah, because
the tooth fairy just didn't have enough time. That's around.

Speaker 4 (06:03):
That's like the elf on the shelf. You're like, oh no.

Speaker 6 (06:06):
She'll probably be here tomorrow night for a little something extra.

Speaker 3 (06:12):
I wonder how much how much did Jimmy de I
feels leader I've told you for thirteen plus years now.
He runs a top producing Keller Williams team Flow to
home pros at Keller Wims Innovations.

Speaker 4 (06:21):
How much did you get per tooth? Do you remember?
Because I got I got shafted?

Speaker 7 (06:28):
Yeah, I don't remember. Maybe like coins I got coins, yeah,
like coints, yeah, I don't think I got.

Speaker 6 (06:35):
I got now I got a pillow that night I
see the only night I had a pillow just to
hide the tooth.

Speaker 4 (06:44):
I wish it was true.

Speaker 2 (06:45):
That's cool, youn't have to feed the horses that day.

Speaker 6 (06:48):
Actually that was his gift.

Speaker 4 (06:50):
Yeah, I got changed too. I totally got screwed. Screwed.

Speaker 3 (06:55):
Congratulations once again on raising your babies. Though that's so cool,
it freaks out. I hate I hate how time time
is relative. The older we get, the faster it goes.
But when you have that like benchmark of something you're
trying to keep you alive, and then you're like twelve,
I mean, eighteen is.

Speaker 4 (07:13):
Gonna freak me out. I don't. I don't know how
I'm gonna handle it.

Speaker 5 (07:15):
It's kind of.

Speaker 4 (07:17):
I don't know. I don't.

Speaker 6 (07:19):
I don't know either. It's kind of just weird. You know,
your baby essentially you no longer have still your baby.

Speaker 5 (07:25):
But they're adults.

Speaker 4 (07:26):
Please tell me always.

Speaker 6 (07:27):
You're like, you can't tell me what to do anymore.
I never told you what to do?

Speaker 4 (07:32):
Yeah did?

Speaker 6 (07:32):
There was always just suggestions, the suggestion.

Speaker 4 (07:36):
Yeah, I seem like the alpha. We all know that's
not true. What's up, Jimmy D What are we doing today?
My friend? Look at you? The player's performance. First throwback
over there.

Speaker 7 (07:49):
I still like that name better than Renegade Sports. When
they changed it over Renegate Sports. I was really disappointed
in the black and yellow colors.

Speaker 4 (07:57):
Yeah, you're more of a fan of the.

Speaker 7 (07:58):
I like the warns first.

Speaker 5 (08:00):
Yeah.

Speaker 7 (08:01):
Yeah, that's that's our sports and entertainment ac Jeer Perry
is going to be coming on the show after April fifteenth.
We've already talked about it. Good.

Speaker 4 (08:09):
I know he is slammed.

Speaker 7 (08:10):
Yeah, I can't. I was supposed to go over there
last week. I called him like three times and he
didn't respond, so I just like blew it off. I
totally understood why, oh.

Speaker 6 (08:18):
Yeah, you mean go over for tax?

Speaker 7 (08:20):
Yeah, I had tax stuff to do, so I'm going
to do it this week.

Speaker 4 (08:23):
I'm waiting for that dreaded email.

Speaker 7 (08:24):
Man, I got I gotta tell you, I don't know
how you guys feel this week. You know, it was
nice here and Johnny talking about all the blessings he
has in his life. Because I walked in today. I
think talking to Jimmy and Ross is like, how was
your week? This week? Is like I can't use the
word on the radio or bleeping me right now? And
I was like, Wow, I cannot believe this. This week

(08:46):
has just been uh, really kind of crazy I've had.

Speaker 6 (08:50):
I think you've got a good week coming up though. Yeah,
there's a duck hanging out on your car and there. Yeah,
and some in some cultures that must be yea, I
think that mean something good.

Speaker 7 (09:01):
I remember that I found a turtle on my doorstep once,
and that's like the luckiest of the lucky. You're gonna
have the photos still. I think it's from twenty eleven.
I found a turtle was all curled up and it
was right in my front doorstep. No, no, apparently, I
think in it in Asian Asian cultures, that's like the

(09:22):
luckiest of the lucky or whatever.

Speaker 4 (09:24):
What happens if a gator shows up on you.

Speaker 7 (09:26):
Yeah, yeah, Well we're gonna be talking a little bit
about that a little bit. We're gonna be talking about
creepy critters in Florida and just a little bit.

Speaker 6 (09:33):
Now, I happen to know a little bit about the
difference between a turtle and a tortoise. Jim, and the
turtles are the water amphibian, you know. Oh, and then
the tortoise is a tortoise on your doorstep as good
as good luck.

Speaker 7 (09:46):
I don't know.

Speaker 5 (09:47):
I don't know.

Speaker 4 (09:47):
He's like, I don't want your lucky.

Speaker 6 (09:50):
Yeah.

Speaker 7 (09:51):
I ran it over. I made soup out of it.
I made turtle soup. I was like, oh soup today?

Speaker 4 (09:58):
Did you you just move on?

Speaker 8 (10:00):
Now?

Speaker 7 (10:01):
I just let it. I left it alone wait to
do his thing.

Speaker 4 (10:03):
Yeah.

Speaker 7 (10:04):
But yeah, So this week has been like a lot
of a lot of just crazy stuff. And then today
we had open houses scheduled. I was really excited about it,
and then Chris got very, very sick. I know, the
cruds is going around everywhere, and uh now I've got
to open houses that advertise that aren't aren't going to
be happening. So that's a little bit of a problem.

(10:26):
So sorry about that. But I can talk about the
houses a little bit though. You know, in case you
want to make an appointment to go see it, we'll
be more than happy to show it to you later on.
For sure, We've got a really nice three bedroom, two
bath property in Pointon On five damn be place. It's
it's single family home, and it's what I really like

(10:47):
about this is that it's really nicely central CenTra, really
located in boytont Beach. It's in the pointon Lakes Lakes
Appointing Subdivision. I think this is the States of pointon Lakes.
It's the single family home division. And what I really
like about it a bunch of things I like about
this property. It's on a cul de sack, so it's
nice when you're parking and everything. The only people that

(11:10):
are going to come right around your your house or
anything are only people the five houses that are in
the cul de sac. The other thing is is that
the layouts really really nice. When you walk in, it's
got when you walk in, the kitchen's on the left,
and then you've got a living room and a dining room,
and then you have this, which is a really nice feature.

(11:31):
There's an oversized, large sunroom that's been enclosed in. A
lot of people have it as screen enclosures, but they
enclose theirs with ac unit really really nice and it's
a really nice place. Just go up, have a cup
of coffee in the morning or something, and a lot
of Greeny Marie in the backyard so you can take
a look at everything.

Speaker 4 (11:50):
Does that become a Florida room once.

Speaker 7 (11:52):
They yeah, yeah, yeah, you know you call it a
Florida room. Yep, you can, yep. And I wonder what
you would call this. So the kitchenette in the kitchen,
I also love this part. So in the kitchen there's
a room for you know, just like a two person
kitchenette there. But what I really love about Yeah, and
it's got a it's got an oversized window or maybe sliders,

(12:13):
I can't remember. And then a small patio with some
landscaping in the front to block the neighbors so you
could have a nice cup of coffee or whatever and
just enjoy open up the window and listen to the
birds and everything and still have your own little quiet solitude.
Really nicely upgraded master bath. It has one of those

(12:35):
walking bathtubs, you know, where you can walk into it
and then it fills up after that.

Speaker 6 (12:41):
Oh yeah it So it's like a bathtub with the door.

Speaker 7 (12:43):
Yeah yeah, So, which is really really cool. And this
house I've only seen this one other time, and now
I've seen it again when I was selling a house
down in Coral Springs. We're closing that with Greg and
Diane next week, so we'll talk about that next week.
But they have add a side private patio just for

(13:03):
their master bedroom and another bedroom on the side of
the house nice which you normally don't see. And this
Janet and Shawn's house in five damn be placed some
point and they have the same thing, which is really
really cool. So you have your sunroom in the back right,
which you know is in the common area and everything
else you know of the house, and then in your
private master bedroom you have your own little private patio

(13:25):
on the side that really nobody else can see or anything.

Speaker 4 (13:27):
That's kind of cool.

Speaker 7 (13:28):
Yeah, really really nice. We have it on the market
for four hundred and sixty thousand. Pretty hard to get
a three bedroom, two bath, single family home for under
five hundred thousand of Pombage County, YEP. This house is
in very good condition. It's not some kind of dump
that it's like, yeah, it's that price because you have
to put all this money into a No, it's very
nicely appointed and I would love to if you're interested

(13:50):
or know somebody's interested in give me a call.

Speaker 3 (13:52):
Cool Okay floridatokrealestate dot com. You got all the contacts,
remember on Facebook as well, Florida Talk real Estate.

Speaker 4 (13:57):
Lots of way to get in touch. But remember Florida
Talk real Es.

Speaker 7 (14:02):
Yeah, so We've had a little bit of buzzard luck
this week. So and then today my computers weren't working right.
None of my computers were working right. Everything was just
kind of screwed up. I'm like, oh, it's gonna be
one of those days. And then last week one of
my buddies said to retrograde mercury is in retrograde, and
we started talking about that. I talked to Mike about
it yesterday.

Speaker 4 (14:20):
Last week. I mentioned it to you too, that's right, Like, oh.

Speaker 7 (14:24):
Maybe it was you that told me. And then I
went back and looked at it. Yeah, and we're totally
at retrograde right now, and we're at the peak right now,
We're peaking right now.

Speaker 4 (14:32):
And I know it affects you, uh all the time.

Speaker 5 (14:35):
Yeah.

Speaker 7 (14:35):
And Mike, you know, because he's missed analytical guy. Right.
So when we were talking about.

Speaker 6 (14:39):
It, something came up last week, a little video.

Speaker 7 (14:42):
And he says, you know what retrograde really is? He goes,
you know what it really means? I go, what Mike's
So go ahead?

Speaker 6 (14:48):
Now, I think I said something like that. I don't
really know what it means, but it just so happened
you brought it up. But last week I saw some
video you know, come up on the feed or something
and it said that, uh, you know all my life
Mercury and record Mercury retrogade, blah blah blah. But literally,
did I know?

Speaker 5 (15:05):
It's not.

Speaker 6 (15:05):
It's just an optical illusion, like as so as it's orbiting,
it just looks like it's orbiting reverse of what it
is because of the angle with the Earth to you know,
so it's a it's all just you know, it's it's
doing its normal orbit. It just looks like it's doing
something different. But I had no idea what it meant
in the first place. I've heard it, but I've never.

Speaker 7 (15:26):
Looked it up like what it Yeah, you know when
it's when Mercury looks like it looks like. And there
are other planets that will go on retrograde too. I
think we have another planet that when I started reading,
I found out we have another planet right now that's
in retrograde too. But Mercury is the one that's supposed
to screw everything up as astrologically, not astronomically.

Speaker 6 (15:47):
So it looks it looks like it looks like it's
moving the wrong direction across the sort.

Speaker 7 (15:52):
And if you think about it. That was television back then.
I mean when all this stuff came up, that was
their TV. Is looking up at the sky night and
staring at the stars. How do you think we found
out everything we found out from nice thousands and thousandsars
just stare at this guy and go, hey, that one's
moving a different way again. What's that going on?

Speaker 5 (16:10):
I'm envisioning the uh, the Neanderthal family. What are we
going to watch tonight?

Speaker 4 (16:15):
Guys?

Speaker 7 (16:16):
Hey, yeah, it's like murch I hate that one.

Speaker 4 (16:23):
This week's gonna suck.

Speaker 5 (16:26):
Kids.

Speaker 6 (16:26):
What do you want to watch tonight?

Speaker 7 (16:33):
That's really funny?

Speaker 3 (16:34):
So how long how long do you have to deal
with the retrograde effects?

Speaker 7 (16:37):
April seventh? I'm counting all right.

Speaker 5 (16:40):
I mean you might as well just take take the rest.

Speaker 4 (16:41):
Of the time.

Speaker 6 (16:42):
I feel like, I really feel like the duck is
guy that's going to change your fortunes. Everybody who's got
a duck sitting on their car this morning, it's.

Speaker 7 (16:53):
Yeah, it's yeah, that would be very good. I'm sure
that I'm going to have leftover duck on the.

Speaker 3 (16:58):
Car even more luck Yeah, exactly, Morris.

Speaker 7 (17:06):
Wanted to go over you know, I love creepy critters
stories of South Florida, because you know, the only place
where fish walk across the street and cockroaches fly, right,
I don't know any place else in the world where
that happens.

Speaker 6 (17:16):
What happens here does have the flying ants? They're they're
out right what you mean, what are you talking about?

Speaker 4 (17:21):
Termites?

Speaker 6 (17:22):
No, there's a winged winged dance.

Speaker 4 (17:26):
Yeah, I've got a few of.

Speaker 6 (17:29):
They seem to be on the.

Speaker 7 (17:30):
Move and they're really in the ant family, but they
fly or you just look like the ants. Sort of
termites look like.

Speaker 5 (17:40):
Winged termites are usually kind of yellow, right, Yes, their
wings are kind of young, and then these are just
look like regular ants with wings.

Speaker 7 (17:50):
Yeah, it's pretty crazy. So I wanted to talk a
little bit about creepy critters. There's a new lizard that's
kind of taken over. And when I say taken over,
talking about invasive species come in the United States, so
in Florida. So it usually takes decades and decades and
decades for it to happen, but we're seeing more preponderance

(18:11):
and that's why it's in the news.

Speaker 3 (18:12):
But we've learned how to quickly eradicate, you know, invasive
species like we pretty much wiped out the Canadian species
in Florida.

Speaker 4 (18:19):
I don't know that we'll see it again.

Speaker 7 (18:22):
Yeah, I know, I think so.

Speaker 4 (18:25):
I mean, we know.

Speaker 7 (18:28):
I thought you were going to start talking about like
the alligator hunts and like shooting and all the different
member we talked about the different ways you're allowed or
not allowed to kill the iguanas. Remember all the humans.

Speaker 6 (18:41):
You could do it, but you had to do it.

Speaker 7 (18:42):
You had to do a certain way. You had to
shoot it. You couldn't torture, you couldn't like chop off
its head or something. You only could shoot it. I
don't even remember all your property. Well, those iguanas that

(19:02):
were falling out of the tree, it's time to move over,
because now we got the tigu lizards, right, I think
it is a tegu or tegu. I don't know tegu lizards, right?
They get about three.

Speaker 4 (19:13):
Isn't that website you buy all those Chinese products?

Speaker 7 (19:15):
I know that's what I thought, right, right, I think?

Speaker 5 (19:18):
Yeah, exactly.

Speaker 7 (19:21):
Well, about fifteen hundred of them have been captured in
Saint Lucy County and about eighteen thousand in the state,
and mostly it's in a little bit southern so the
fact that they got so many in Saint Lucy County
is a big deal because it really looks like it's
moving north.

Speaker 5 (19:38):
Now. I thought I heard you were about to describe
the size of them.

Speaker 7 (19:42):
Yes, so they're three feet long and eight three feet yep,
three feet long and eight pounds about. So they're not gigantic.
I mean, the regular iguanas get bigger than that. I
think they're black and white. They got like these black
and white stripes kind of thing, and they're from Argentine.
I guess they're Argentine and Argentinian if you want to

(20:04):
call it that. But let me see. They've been they've
been kind of keeping tabs on this since twenty nineteen.
They saw sightings as early as two thousand and nine,
but twenty fourteen is when the University of Florida really
started getting involved in researching this stuff. Eighteen thousand have
been removed from Florida. According to Florida Wildlife, the Florida

(20:26):
what's the WC Florida Fish and Wildlife. Florida Fish and
Wildlife Conservation is a conservation if Florida fish and wildlife
whatever the sea stands for. Sorry about that, guys, I
should know better. But anyway, they've been really taking a
hard look at these things, and they're a big danger
to crocodiles and gopher tortoises because they love eating the eggs,

(20:51):
so they can damage, you know, crocodiles, I think are
an endangered species down here. I think that's true.

Speaker 5 (20:58):
Crocodiles are injured here, yeah, because not gators. Right, But
I thought like crocodiles were not native to hear me too.

Speaker 7 (21:08):
I thought that too, but old school, and I found
I read an article some months ago where they said
they've been down in South Florida for a very very
long time, like thousands of years.

Speaker 6 (21:19):
It's the Florida Fish and Wildlife Conservation Commission.

Speaker 7 (21:23):
Oh, commission conservation one. Yeah, yeah, but this one says
w FC. So I don't know, maybe they're just who
knows with newspapers now they changed all their FB style.
Yeah it's f w C. I guess they dropped one
of its.

Speaker 4 (21:39):
Florida Fish and Wildlife Conservation.

Speaker 6 (21:41):
Should be Yeah, f f w CC.

Speaker 7 (21:46):
So, so keep an eye out on these things. You're
supposed oh here's something I do with them. You're supposed
to call a hotline number if you find one, right,
but here's the thing. One the because it's Chris Mercury
is in retrograde. The other article, oh no, I found it.

Speaker 5 (22:04):
Okay, two different phone numbers.

Speaker 7 (22:07):
The other article had the phone number and this one didn't.
But I found a phone number. Okay. So if you
see an exotic species, and not just the t gou lizard,
but iguanas or anything else, you think that's exotic, right,
you can call eight eight eight four eight three four
six eight one. That's the Exotic Species Hotline.

Speaker 5 (22:26):
If I say, like an exotic car, an exotic woman, Yeah.

Speaker 7 (22:31):
Exactly, you're supposed to call it.

Speaker 4 (22:32):
If you've seen iguana, yep, that Oh yeah, I.

Speaker 5 (22:35):
Know right, yeah, but there's a did you see the
way they I'm looking at the number, Jim, it's a
it's one eight.

Speaker 6 (22:42):
I've got one.

Speaker 7 (22:43):
Oh well, I was just gonna say. I was just
going to say, yeah, the if you actually if you're
gonna call it in, it's better if you take a
photo and you actually have the exact location where you
shot the photo, and then you're supposed to send it
to I've got one dot org, which is one I
ve E g O T the number one dot org.

(23:07):
I've got one dot org. I thought that was a
kind of funny website. Right, I've got one dot org.

Speaker 6 (23:11):
Eight eight eight, I've got one, no apostrophe, and the
one is a number.

Speaker 7 (23:15):
Yep, got it, got one.

Speaker 6 (23:17):
You can remember that?

Speaker 7 (23:18):
Ye remember that? Everybody?

Speaker 6 (23:19):
Remember that.

Speaker 4 (23:20):
Got that memorized every time.

Speaker 7 (23:21):
We're doing a quiz in two weeks to see if
anybody passes. Okay, So anyway, keep an eye out for
those tago lizards. Now speaking to our other type of lizards. Hmmm,
that's some good eating. I just read an article with
this guy who's like one of the biggest uh he's
on Marco Island and he is one of the biggest

(23:43):
iguana capturers out there. And what he does now is
he keeps the eggs and uh he makes omelets from
the iguana eggs and uh they they have a video.
I should have put it up this week, but I
was having technical difficulty. It's like, goodness morning retro But
there was, yeah, exactly a damn retrograde.

Speaker 4 (24:04):
Damn.

Speaker 7 (24:04):
There was an article in CNNs. If you want to
check this out. Man turns iguana eggs into breakfast, right,
and they watched him cook an omelet with these iguana eggs,
and I thought it was kind of interesting. First of all,
it's kind of gross because the iguana eggs don't get
hard like regular eggs. They're kind of like their sacks, right,
like turtle eggs. Yeah, like turtle eggs. And so you

(24:26):
gotta slice open the egg and then squirt it out
like toothpaste into the pan, right, and it making a
face like.

Speaker 6 (24:33):
It does it look like it like a bird egg,
like a chicken egg or.

Speaker 7 (24:38):
It's probably like you know, it's only like that big
like yoki yoko, And it's almost all yolk, according to
the According to the guy, it's almost all yok And
he found that it takes about forty nine eggs to
make an omelet. Forty yeah, he goes, he needs about
forty nine eggs to make an omelet.

Speaker 5 (24:56):
And he he's just way too much. Yeah yeah, you
but fifty exit in there. You just can't finish it.
Then you feel sick.

Speaker 6 (25:05):
Still hungry, yeah, just so.

Speaker 7 (25:10):
And watching him like slice open the egg and then
squirt it out into the fan, that was really appetizing
to watch that.

Speaker 4 (25:16):
So how does it look does he like over easy?

Speaker 7 (25:19):
Like he makes it? It's kind of like a scramble
or a omelet everything else. He put some cheese and
vegetables and everything, and it looks exactly like an omelet.
And he said that if he served it to you
and didn't tell you what it was, you'd have no
idea that it wasn't it wasn't chicken egg. And that

(25:41):
also that you could put it taste the same to
you could put a little taste like chicken.

Speaker 5 (25:46):
Right, I'll take his word for it.

Speaker 6 (25:48):
A little fried up, fried up scales in there at
the at the end to give a little crunch, a
little texture something, sprinkle it on there.

Speaker 5 (25:56):
Yeah, yeah, a little garnish.

Speaker 4 (25:58):
Yeah, yeah, willing to try.

Speaker 5 (26:02):
You would have it?

Speaker 7 (26:03):
I think I would if if if it was available,
I'd probably have a forkful just to see what it
tastes like.

Speaker 3 (26:09):
You know, you can order it and I'll just try.

Speaker 5 (26:12):
Yeah.

Speaker 6 (26:13):
But have you seen the cost of iguana eggs?

Speaker 7 (26:16):
They were actually joking in the article that this is
a way to save money in today's just capture your
guana eggs in the backyard.

Speaker 6 (26:25):
And they were talking mainly dispatch of it, harvest the eggs,
and then forty nine eggs, like.

Speaker 5 (26:30):
Why would you dispatch of it? It's the gift that
keeps on giving. You gotta keep eggs. I mean, what
is it just a one time Now you're just killing
iguanas just for one round of eggs?

Speaker 7 (26:38):
Yeah, yeah, well exactly.

Speaker 4 (26:40):
I don't know that.

Speaker 3 (26:40):
It says in the article, but how many eggs do
they find it a nest?

Speaker 7 (26:44):
Oh, I think it did forty nine? Exactly.

Speaker 5 (26:50):
What a coincidence. That's the exact amount that you need
to make an omelet.

Speaker 4 (26:53):
It seems like a coincidentally.

Speaker 7 (26:55):
Yeah, it isn't the same in this article. It does
the same in this article because other article it didn't
turn on this morning. So I don't have the answer.
But what I want to say is thirty five.

Speaker 5 (27:07):
Wow, it's thirty five.

Speaker 7 (27:09):
Yeah, so I think, Yeah, I wasn't staring at No, No,
I didn't. I didn't. I'm guessing that random.

Speaker 4 (27:18):
Find two nets.

Speaker 7 (27:19):
The thirty five might be the t gu it might
be the tigu lizard. And I'm confusing it. I think
they might like thirty five eggs at one time. I
don't remember, so I don't remember, but they were they
were joking. There were a couple of good jokes in
this video about like you know this is you know, raised,
you know, raised the iguanders in your yard to save
on egg money, and they were coming up with some

(27:40):
other stuff that I thought was kind of fun.

Speaker 5 (27:41):
So what is the you know, if eggs are how
much your eggs right now? Twelve twelve dollars a fifteen
whatever you want to.

Speaker 6 (27:48):
Call it come down.

Speaker 5 (27:49):
So did they go over the economics of raising your
own iguanas and the cost benefit they were not compared
to traditional eggs.

Speaker 7 (27:59):
No, they did not. Yeah, so it was a very
poorly written article.

Speaker 6 (28:03):
We should probably public service announcement. You might need to
if you're going to be raising iguanas, especially invasive species iguana,
you should check with f w C first. Yeah, see
what they think about that. You're probably not allowed to
do that, probably to.

Speaker 5 (28:20):
Raise them, Like, what's the difference between having one in
a glass box in your in your in your bedroom.
You can have them like a pet. That's a whole
raising they're here.

Speaker 7 (28:30):
I don't think you can have them as a pet, really,
I think if you get caught.

Speaker 4 (28:35):
Oh, I've known a bunch of people with him as
past I know.

Speaker 5 (28:38):
Yeah, they were popular. What are their names?

Speaker 3 (28:42):
There's one that works in this building that had iguana ever.
I don't know if he still does. But when he
was with his parents, give whistle blower.

Speaker 7 (28:49):
Protection, and then it got too big and then he
just stumped it outside.

Speaker 4 (28:58):
He was huge, and he was he was the family pet.
They loved him.

Speaker 7 (29:02):
Yeah, that's so wild.

Speaker 5 (29:03):
I mean, all you got to do is go right
out onto Congress right there, and you can just go
grab one for pick your Yeah, there's one.

Speaker 6 (29:11):
Just we drive out of the parking lot. Here, there's
usually a guy hanging out, Yeah, pick a size.

Speaker 2 (29:16):
Him and a duck are hanging out.

Speaker 4 (29:18):
We're by Morris out there.

Speaker 3 (29:20):
Yeah yeah, yeah, smoking a blunt floidatock real estate dot com.

Speaker 4 (29:24):
Fotock real estate dot com.

Speaker 7 (29:26):
Hey, uh, let's go ahead and take a break. These
are the subject going to talk about. We're going to
talk about deal killers for buyers and sellers when they're
trying to close the transaction. Just going to talk about
a couple of things that could kill a deal. We're
going to talk about why it's a really a great
time to be a buyer right now. I know that
some people might not think that's kind of intuitive, So

(29:46):
let me let me make the case, Okay, because I
think there's a lot of really important stuff that buyers
aren't getting from the regular media to uh, let you know,
to educate them all the benefits of what's happening right
now in today's more for them. We're also just going
to talk about the market in general. And there was
a really interesting article about home sellers. Zilo did a

(30:09):
research of people that use the realtor or use the MLS,
or didn't use the MLS to sell their house, and
they calculated the difference in the price points of what
people got. It was pretty amazing how much money the
difference between people on the MLS, houses on the MLS

(30:30):
and houses that weren't on the MLS but were on
the market, and the results were pretty amazingly different. So
we're going to talk about that excellent and we're going
to talk a little bit about interest rates because you
know that actually hasn't been horrible news lately. It's not
been it hasn't been bad news. We haven't been saying up, up,
up for week after week after week. So we're going

(30:50):
to talk about all that up in the coming in
just a little bit. And we're also going to talk
about the developers that are really getting beat up in
the market right now. There's so many people right now
that think that we're still in this super strong market
and think that developers are just making hand handover fist

(31:11):
money and as soon as they get the house on
the market, it's gone. Not really, So we're going to
talk about that in a little bit.

Speaker 3 (31:18):
Cool lots they get into plenty of time remaining. We
got a full two hours for you every Saturday. We've
just taken a thirty minute chunk away, so another hour
and a half remaining.

Speaker 4 (31:27):
Thanks for being with us.

Speaker 3 (31:28):
Of course, always remember floridatokreal estate dot com. This is
access to the entire team. These are pros, pros experts
in their field. And if you're buying a home, you're
selling a home, stuck with a home, you don't know
what to do anything that touches the world of real estate.
You need a professional to handle what you're trying to
get done. I recommend going to Florida talkre estate dot com.
Find them on Facebook and YouTube. Kind of information to

(31:49):
be consumed. But when you need the team Florida Talk
real estate dot com, there's a hotline eight eight eight
nine seven three seven eight two eight you can call
that twenty four hours a day, seven days a week.

Speaker 4 (32:00):
Live body to answer that number.

Speaker 3 (32:01):
You'll find the hotline at Florida Talkrealestate dot com. No it,
use it, love it, share it. You can change lives,
including your very own, with the prospros at Florida Talkreestate
dot Com. We're back and forth and it's great to
have you with us. Every Saturday. It's Florida Talk real Estate.
Right yeah on Real Radio.

Speaker 1 (32:30):
This is Florida Talk real Estate with Jim Dapola and
Johnny c. Got a question for the show, Call us
live at one eight seven seven nine two seven sixty
nine sixty nine.

Speaker 3 (32:40):
Yeah, do it eight seven seven nine two seven six
nine six nine. You got questions, comments, concerns in the
world of real estate. Would you like to be involved
with the conversation that's at hand? You can more than welcome.
Jimmithy will lign you up there, at least I think
you will. You're gonna do that.

Speaker 2 (32:54):
Yeah, absolutely, give us a call.

Speaker 4 (32:57):
All right.

Speaker 3 (32:57):
I mean, I can't just assume he's got to be
willing and able to do just that, but he's done
this particular Saturday.

Speaker 2 (33:03):
He is absolutely Good morning, Johnny.

Speaker 3 (33:06):
Good morning, my brother is a question. The Gators are
on real radio.

Speaker 9 (33:11):
Yes, well football, Yeah, but we're covering the game today.

Speaker 2 (33:17):
I think it's this afternoon, correct.

Speaker 3 (33:18):
Yeah, so basketball is not normally football always is. But
through this tournament we have real radios been covering the
Gator games.

Speaker 9 (33:26):
Or we just just because BCT has a conflict with
them Orleans, so they moved it over. Whenever there's a
conflict on the other station that carries it regularly, Okay,
they move it to real radio.

Speaker 2 (33:36):
If they can.

Speaker 4 (33:37):
Okay, So today tonight, this evenings game is on real radio.

Speaker 2 (33:40):
It's on real radio. Yes, so that's like a six
sixt tip.

Speaker 3 (33:44):
So I'm guessing there's a pregame at I think five
thirty or super cool.

Speaker 2 (33:48):
Yeah about that, huh.

Speaker 3 (33:49):
So if you're out and about and you're like, man,
I'm missing the damn game, tune into real radio or
you won't hear it on the app though, will you?

Speaker 2 (33:57):
I don't know.

Speaker 4 (33:59):
I don't know. The ans I don't think you will.

Speaker 6 (34:01):
I don't know doesn't play the live feedla the app.

Speaker 4 (34:05):
I think we're only allowed regionally to air sting.

Speaker 3 (34:09):
Yeah, yeah, so I don't think that's on the app.

Speaker 2 (34:12):
But if you're you're in the area.

Speaker 9 (34:14):
It should it should be on the app if you're
as long as you're in the area, because they can
g offence it, you know, So if you're outside of
the listening area, you wouldn't.

Speaker 2 (34:22):
Get it, but if you're within it, you might. That's
usually how it worked for the for the football games.

Speaker 4 (34:27):
And at that point you might as well just tune
into nine one, one.

Speaker 6 (34:30):
Seven or you know, but you could fake it with
the with the uh A vpnrd VPN.

Speaker 4 (34:36):
Yeah, exactly, super cool.

Speaker 3 (34:39):
So yeah, if you're out and about which I am
gonna be, you can tune in the real radio and
keep tabs on him. Gator boys in the elite eight.
Let's go, Johnny ces me. There's Mike Row He's the
mortgage guy from the mortgage firm. Hello, Michael, Hello, you're
rooting for the Gators. Sure, that's the appropriate answer. I
was watching, uh last night whatever.

Speaker 6 (34:57):
I watched Auburn and and uh Michigan.

Speaker 4 (35:01):
Nice.

Speaker 6 (35:01):
It's a good game, lots of I haven't watched a
lot of this tournament. There's lots of uh terrible shots
and turnovers. Yes, yeah, it seems to be the college game.

Speaker 4 (35:12):
Well, a lot of teams insist on heaving up threes.

Speaker 5 (35:14):
Yeah, lots of them.

Speaker 4 (35:15):
Yeah.

Speaker 6 (35:16):
And they're like brick after brick.

Speaker 3 (35:17):
Basketball now, Yeah, which is why you gotta love them
Gator boys because they will take it to the inside
if you have to.

Speaker 4 (35:23):
Those shoot plenty of threes.

Speaker 3 (35:25):
Yeah, Ross Camara Natzi's with bright Winter's Juno bad.

Speaker 5 (35:28):
You ruined for them Gators, knows.

Speaker 2 (35:31):
I hate it.

Speaker 6 (35:34):
I do have my oldest at f s U. I
should be I should hate the.

Speaker 5 (35:38):
Gators, but right I should. You will, you will, You'll
see you'll see it from that side. And it's it's
not football yet.

Speaker 7 (35:45):
No, you haven't gone there yet, you know.

Speaker 6 (35:47):
Isabelle's not like into the she hasn't been like, hey,
come up this weekend, we're going to.

Speaker 4 (35:51):
Watch this so beautiful campus.

Speaker 5 (35:54):
Yeah no, that's awesome.

Speaker 4 (35:56):
Yeah yeah, I.

Speaker 3 (35:56):
Mean it's sadly it's you know, home of the seminals,
but it's beautiful campus.

Speaker 6 (36:01):
There's also home of the seat of our the Florida government.

Speaker 5 (36:04):
This is true, Yeah, this is true. It's our capital.
It is a beautiful today, it really it is. It
is a beautiful city. Beaufore campus gorgeous, absolutely gorgeous. I
know who is rooting for the Gators today. It's our
fearless leader thirteen plus years now. I've told you he
runs a top producing Keller Williams, the Florida Home Pros Team,
Keller Williams Innovations, Go Gators, Jimmy d Florida.

Speaker 7 (36:24):
It was funny. One of the headlines I wrote for
the YouTube stuff or whatever, it's great to be a
Florida Buyer. And I was thinking it's great to be
a Florida Gator when I wrote it. Nice, but I couldn't.
I couldn't think of a name for a buyer for Gator.
I was like trying to figure out a rhyme for
it is great to be a Florida Go buyers. Yeah, yeah,

(36:45):
go buyers.

Speaker 5 (36:46):
Right.

Speaker 7 (36:46):
So I just want to do a couple of shout
outs real quick. Roberto, thanks for checking in today. I'm
going to be selling a town home for him up
on Palm Beage Garden soon. Mcgali, thanks for stopping in.
Francis the chorus Kelly, my mom, everybody. I hope you
have a happy South Florida day. Okay, I hope everything
is going good, and I hope you're having a better
time than I've been having.

Speaker 4 (37:10):
You off the video.

Speaker 3 (37:11):
I know.

Speaker 7 (37:12):
I just want to see did I lose everything? Did
I just turn anything offcuse that would be normal. Just
right now.

Speaker 6 (37:19):
There kind of looking like, Okay, I'm back in there
looking always look.

Speaker 7 (37:27):
I was playing in the host Oh, thank you, thank
you Jimmy for doing that. I because I had some
appointments canceled for this weekend. What I'm going to be
doing this weekend is each No, I'm actually going to
go in as soon as I get after the studio,
I'm going home and I'm turning on stream Yard and
figuring out how to do better presentation for stream Yards.

Speaker 6 (37:47):
So that's so you got a break from work, and
are you going to go home and work?

Speaker 7 (37:49):
Yeah, because this has been driving me crazy because stream
Yard says a lot of upgrades that we haven't implemented
to our show yet.

Speaker 4 (37:55):
So those are the live streams for Facebook and YouTube.

Speaker 7 (37:58):
Yeah, and I want to get them better. I know
everybody that it sounds like I always joked that our
videos are Japanese movies from the nineteen fifties where the
voices don't or the lips overdatch. Yeah, the dubbing doesn't match.
There's nothing we can do because of the delay on
the show. But soon we're gonna be switching it where
we're gonna take a finished copy of the live show

(38:21):
and then put it out there in case you want
a more finished copy. And the cool part is it'll
have the chapters of everything we talk about.

Speaker 4 (38:27):
Cool.

Speaker 7 (38:27):
So if you don't want to watch the whole show,
don't know why you would wouldn't want to watch the
whole show, But if you wanted just the Johnny Parks,
you can go in there and.

Speaker 6 (38:34):
Just can't we just go with no delay anything?

Speaker 5 (38:38):
No, he dumped me.

Speaker 7 (38:40):
He dumped me last week. I got dumped last week
for the first time, and I don't know how.

Speaker 2 (38:44):
Over a matter of fact, I think it's an FCC law.

Speaker 7 (38:46):
Now you have to have Oh, you have to have a.

Speaker 2 (38:49):
Five second delay. I believe any live broadcast.

Speaker 7 (38:53):
My last day of the show, I'm going to have
a nipple slip. Oh, just like Dada Zaccient right, chaded
Zack Great. I still think of that. That's changed radio back.

Speaker 3 (39:05):
I don't know, probably three at least when I started over,
the real radio was a three second left.

Speaker 4 (39:12):
Then it went to like a ten. I think was
it full ten?

Speaker 9 (39:15):
Well, you can program it to be whatever you want. Okay,
So if the machine has or the modern day ones, we.

Speaker 4 (39:22):
I think we programmed to a full.

Speaker 7 (39:23):
Ten because you were nights on real radio, well the
whole station.

Speaker 3 (39:26):
But yes, I'm sure that had something to do with it.
But you could I remember, you could just hit it once.
It would just take like a little like a three
second blip. You could hit it twice, it would take
a double chunk, and you could hit it three times
and it would wipe out like ten seconds. So think
about ten seconds a long time. Jimmy could like think
for like, should I get rid of that?

Speaker 4 (39:45):
Should I? Yeah, I've gotta get rid of I mean,
it's gone.

Speaker 9 (39:50):
In my entire career, the overwhelming majority of things that
I've dumped is because I didn't think management wanted it.

Speaker 6 (39:57):
To be sure in the air that you know.

Speaker 9 (39:59):
I mean, the cost is a cost, that's a that's
a given, but it's usually whether or not they want
something like that to be air.

Speaker 4 (40:06):
To avoid a meeting. Yeah yeah, well yeah, just to
avoid or.

Speaker 6 (40:10):
You had a meeting and they're like hammering at home.

Speaker 3 (40:13):
Like sometimes that may be the case, but yeah, you
never want to go to the corner office unless they
got balloons and streamers and things.

Speaker 6 (40:19):
I look, the Super Bowl incident was February twenty twenty
or two thousand and four.

Speaker 3 (40:24):
Oh J Jackson, Yeah, yeah, yeah, yes, and that that did.
That's about the time it switched.

Speaker 5 (40:29):
It switched.

Speaker 4 (40:30):
It did the pendulum swing.

Speaker 6 (40:32):
You figure with the current way the thing is, maybe
it would go to go back to no delay. You know,
I don't less regulation.

Speaker 4 (40:38):
I don't know that that's something that might not be
in their near ish future. Yeah, I can tire radio.

Speaker 3 (40:45):
I can see in my lifetime just doing away with
the FCC. Oh, it's twenty twenty five. Like, seriously, you
can't handle words, and if you can't handle the words,
change handle. No, you have to protect the children, Johnny Well,
I think there's certain regulations and obviously you can't be
invoking certain things, but when it comes to just words,
curse words in particular, come on, it's twenty twenty fives.

Speaker 6 (41:10):
Get with the times.

Speaker 4 (41:10):
It's everywhere.

Speaker 9 (41:11):
I mean, who watches regular TV on a television that
is regulated like that? I mean it's all YouTube TV
or Hulu were all that, So you don't have to
worry about it.

Speaker 3 (41:20):
It's all subscription. I'm a big fan of the Pat
McAfee show. My whole family is for that matter. We
never watch it on ESPN. We always watch it on YouTube.
Oh okay, always right, And when they're not on ESPN,
the show actually gets better because these are guys chatting
about guys stuff, and you're.

Speaker 4 (41:36):
Gonna hear curse words. Right. It just feels like a
conversation you want to be.

Speaker 6 (41:40):
A part of, Like you talk in your conversation, right.

Speaker 4 (41:44):
Exactly normal life is It's true.

Speaker 6 (41:46):
But yeah, Jimmy, so how does that relate to real estate?

Speaker 4 (41:49):
Johnny? I don't know. How do we get We started
talking about.

Speaker 6 (41:53):
The lace, so yeah, we started to go I started.

Speaker 5 (41:56):
Now I know where eminem is coming from. Man, yeah,
you would never let him be.

Speaker 6 (42:00):
He was such a pioneer, right.

Speaker 7 (42:04):
So, Ross, do you want to talk about? And it's
Mike too, because it's both things. I want to talk
about deal killers because I had a couple of things
pop up in the last couple of weeks that I
thought were kind of interesting that haven't dealt with either
in a long time or you don't deal with much.
So I thought we since we got Mike and Ross here,
we can get the mortgage perspective and the insurance perspective

(42:27):
of some of these things.

Speaker 6 (42:29):
Number One deal killer. What do you think real estate agent.

Speaker 5 (42:35):
Buyers agreements.

Speaker 7 (42:36):
No, it's funny you said that, because I have one
out in Pointon Beach where the buyer's agent was so
aggressive to my seller that the whole deal almost fell apart.
It looks like we're closing next Thursday, but I'm still
native Ton sure yet, because that agent was such a
deal killer on the other side. She came in like
a bull in the china shop, demanding what her sell

(43:00):
her what her buyer wanted. My guy was motivated, so
he's willing to work with her, but he was kind
of holding the nose the way the presentation went, you know,
because there's different ways to say, Hey, I'm going to
I want to buy your house, but I want to
pay as much as you want to give me as
you want to get and uh, hey, I'm going to

(43:20):
buy your house and this is never going to give
you and you're taking it whether you like it or
not kind of thing. I mean, it was almost like that.

Speaker 6 (43:28):
It was my I happen to be talking to Pete
about a deal.

Speaker 7 (43:32):
No, he was doing oh, don't tell me that he
didn't close them.

Speaker 6 (43:35):
I don't know if he closed. He said that the
buyers were really.

Speaker 7 (43:37):
Oh yeah, they went to it. He called me a
million times. He called me just as a buddy to ask,
you know, a buddy because like I'm not the real
turn that deal. But with this one, they were very
direct with us. We agreed to it. Then when they
did the inspection, they found out that the community is
in charge of the roofs for the home, okay, and

(43:59):
that there were problems with the roof right. There was
some rotted areas, there was an area that looked like
had a minor league and things, but it isn't the
owner's responsibilities part of the HOA. So they were demanding
in this document called an addendum. So when you have
changes to the contract after the inspection, a lot of
times you're going to write an addendum saying these are

(44:22):
the things the byron seller have agreed to since the inspection.
Hey mister seller, you're going to fix this, this and this,
or hey mister seller, you're going to give us a
discount a credit to closing, and we'll take care of
the repairs afterwards. But the way that she wrote this
is that we were responsible that the HOA would take

(44:42):
care of the roof, and they wanted to close in
two weeks. So try to go in to HA and
say to them, hey, we've got an issue and we
need this fix because we're closing in two weeks. It's
just not going to happen. And so we knew the
right process to do what we did. We went to
the HLA and gave them the inspection report and staid

(45:03):
or the property matching company and said, here's the inspector report,
here's the roof damage that they're complaining about. You guys
got to fix this. Let us know what you're going
to do, and after that, we're done. Right, the seller's
done because now it's up to the community to deal
with it. And the seller was putting all the seller's agent.
Buyer's agent was putting all this language in there saying

(45:24):
that my seller would be responsible if the HOA didn't
do what they were supposed to do, and we were like, no,
we're not signing any of that. And then I finally
lost my temper because she kept going back and forth,
back and forth with Nancy, and then I got on
the phone. I was like my seller has told me
that we're not doing another thing other than what we've done,

(45:45):
or you could just walk away and we'll give you
a posit back right now. We're done. Put a fork
in it. Either you're buying it or you're not buying it.
We're done. And she's like, why are you giving me
this attitude? And I'm like, I'm giving you this attitude
because my seller basically directed me to give you this attitude.
He wants me to be hard with you because he
feels that he's been really drugged through the mud. Not

(46:06):
by your seller, not by your buyer. They think it's
you and I go and you're killing this deal. So
if you don't want the deal, we'll go find somebody else.
It's not a big deal. But why do you have
to be like this? Either buy the house or don't
buy the house. And then she started complaining how she
was just trying to protect her buyer, and I go,
I understand that you want to protect your buyer. Everybody

(46:26):
you know, I want to protect your buyer. Right, we're
here to facilitate a deal. However, you can't demand that
my seller agree to things that they have no control over.
And my guy sophisticated. He's not going to sign a document.
So we're closing next Yeah, so we're closing next week.
It was all smoking mirrors, but that was just more
of the retro grade last week. So anyway, but talking

(46:52):
about when you said deal killers are getting back to
deal killers, agent, Yeah, you shouldn't have got me off
on that. Ye now, I know, no't for me? Sorry
about that?

Speaker 6 (47:01):
Oh carefully doesn't apply for me.

Speaker 7 (47:02):
So the first one we're going to do of the
deal killers that we see is the roof, and the
roof is the easiest one. I don't want to go
over too much detail because if you guys don't know
about roof issues by now through us, you have not
been listening enough or you don't have a good absorption
right because we talk about it all the time. So
I'm going to give the wrap up. You guys tell

(47:24):
me if I said it right or not, and then
correct me. When you're buying a house, it doesn't matter
if you bought the house fifteen years ago and it
has a twenty year useful or a warranty of twenty
years on the roof, That doesn't mean you have five
years left of useful life of your roof in Florida
right now, Unless you have at least five years useful

(47:44):
life of roof, you really can't get insurance anywhere. So
you have to have at least five years useful life.
And usually you find that out through an inspection where
somebody comes out and determines the useful life of your roof.
If it's less than five years useful life, a lot
of times either you can't get insurance or the lender

(48:05):
might not want to go forward on the deal and
say the roof got to be corrected if we're going
to close on this deal. Am I right about that stuff?
Tell me where I'm right and wrong? Because I did
it really fast.

Speaker 5 (48:16):
You're doing pretty good.

Speaker 7 (48:17):
Okay, so it's pretty good. So what did I get wrong?
What about the mortgage part? That's support I always weak on.

Speaker 6 (48:24):
If no, I thought you said it right from the
mortgage side. We care that you get insurance, right, you
have to have to be able to have insurance number one,
and then I don't. We're not really looking at the
useful life. Although if an appraiser, an appraiser can make
a note of something like if there's problems with the roof,
that would be a problem on the mortgage side.

Speaker 7 (48:45):
Yeah, and actually we had that a long time ago
on one.

Speaker 5 (48:48):
Of our houses.

Speaker 4 (48:48):
Ye.

Speaker 6 (48:49):
If there's like active leaks or there's you know, if
you look at the roof and visually you can tell
that there's you know a hole, nations you know a
hole or just like you know, shingles that have been
ripped off or something like that, the appraiser could make
a note of that.

Speaker 7 (49:01):
Well in this one thing, I'm thinking in my head
it was like in the Wellington area or lake Worth area,
and it was a pretty big house and we had
been arguing about the roof or paguin about the roof
with the sellers. We came to some kind of agreement,
thought everything was okay. It looked okay for the insurance,
and then the a praiser i apparently, looked at the

(49:22):
photos of the house and saw there were so many
patch jobs was barrel tile roof and there were so
many patch jobs over all the whole roof.

Speaker 6 (49:32):
They said no way, when a praiser would usually say
something like this needs to be investigated, right, so subject
to so the praise value is subject to a roof inspection.

Speaker 7 (49:42):
And we had peak come out ironically, Peak came out.
He's a contractor, and Peak came out and took a
look at the roof and told us, and there was
stavage and we ended up getting a new roof out
of it was actually a pretty good deal.

Speaker 6 (49:56):
I have a question for Ross on the five year thing.
So let's say you get your report. The minimum remaining
years of useful life required is five years.

Speaker 4 (50:06):
What happens next year?

Speaker 5 (50:08):
So it was citizens. I believe citizens will not mess
with you until it gets to three. Okay, they you know,
they won't say, hey, we're going to cancel you for
underwriting or you know, unless you replace a roof until
it gets to three. But with you know, the other carriers,

(50:31):
you know they had there. The law is they can't
cancel you for age of roof as long as it
is if you're an existing person, right, they can't cancel
as long as your roof has at least five years
of life left. I mean, are you in this year
it's got five? Next year they can say, hey, now
it doesn't have five, we're going to you know, non

(50:53):
renew you. And then you can magically produce a number
that's five again, a.

Speaker 6 (50:58):
New report that's five that's five. Yeah, and then would
that work? Oh you get that to the same color.
Oh yeah, and they're like last year you had five,
this year your foh it usually works.

Speaker 7 (51:09):
Right, right, yeah.

Speaker 5 (51:10):
I mean this is the first year that this kind
of has, you know, kind of cycled itself, you know,
with the five year number. Yes, And I mean I
haven't had anything really come across my desk where somebody's
being non renewed because of their their roof, unless it

(51:32):
is actually, like you know, it's a twenty four year
old shingle roof, right yeah, which you're nobody's never going
to go.

Speaker 6 (51:38):
It is a legit concern for a buyer when that
remaining useful life is like five or close to five,
that hey, something is gonna you know, I got to
put a new roof on here.

Speaker 5 (51:48):
But I mean, if you're buying a if you know
your roof is twenty years old, it's not going to
be a shock to you that hey, we're probably going
to have to replace this in right. You know, if
you're relying on a number on a to say hey
it I if you're relying on the inspector's opinion, that's
when you need to change your roof, Like, I don't
know if that's the right way to you know, if

(52:09):
you have a twenty year roof, I don't know if
you're going, well, maybe I'll wait till it gets to
twenty five. Maybe the inspectors need to do like two
versions of the report, like here's your taxes that you
smit to the irs one and.

Speaker 6 (52:21):
This one's the one you need, right and this this
is my real I think that's.

Speaker 7 (52:26):
Called insurance fraud, but I'm not sure. I think there's
a name for that.

Speaker 6 (52:30):
I think that's name is called insurance fraud, subjective fraud.

Speaker 7 (52:36):
Mike Mike's great tips to get you into shill.

Speaker 6 (52:38):
No, it could It could be that the the inspector's like,
you know what, it shingles twenty years old, but this
thing's a great shape. It's actually got another you know,
twelve years probably. Yeah, but they can't do that. They
can't say that, right, I've actually.

Speaker 5 (52:49):
I mean, you could be close to that. You know
that whatever you put in that, that's the inspector's opinion. Yeah,
But at the end of the day, the insurance company
is going to you know, their own They're going to
look at that inspection. They're going to put their eyes
on it, you know, especially if it's an older and
older roof, They're they're going to come out, they're going

(53:11):
to look at it, and if they see that anything's wrong,
then they're going to bring it up. So while you
can have an expection to get through closing, awesome, but
the insurance company doesn't even look at the policy until
that policy is you know, the effective dat of that policy,
so you can get through closing come out roof actually stinks.

Speaker 7 (53:29):
So what happens if if you have five years or
more useful life, Let's say you have five, six or
seven years useful life? Can you get insurance other than
citizens today? Because before which state?

Speaker 5 (53:43):
Well so, most companies are going to have their guidelines
on age of roof. Right, So if you've got a
twenty one year old shingle roof and you've got man,
it's it's amazing. It's like it's been covered by a
tart for the last twenty years and it's got twenty
years of life left. Just nobody's going to do it
just because of the underwriting standard of the edge of
the roof. It doesn't matter how for new business.

Speaker 7 (54:06):
Right, Okay, So now here are some other things that
just popped up recently, and some of the deals I
work with, you, Oh, you wanted to continue with the.

Speaker 6 (54:16):
Roof, You're in that situation and got you know, you
get five years, so you know you got to change
the roof. Here buyers want the sellers to pay for that,
and sellers are like, no, you're buying the home, you know,
as is what are you finding there? Is like, well,
obviously people want what they want, but where do the
people land?

Speaker 7 (54:36):
So it really varies all the time. Right, Mike and
I are working on a deal now that we're closing
Monday that had a roof kind of thing going on.
It got the useful life, It got five years or
six years whose life so they can get an insurance policy.

(54:56):
But the owners are like, hey, I got to put
on a new roof soon. So they wanted to negotiate
with the sellers saying, you know, we need to deal
with this, and we did deal with it by reducing
the price, but then the house didn't a price, so
then we had to restructure it. And basically they the owners,

(55:19):
the new owners are buying the house that are.

Speaker 6 (55:21):
Pretty reduced from their initial more.

Speaker 7 (55:25):
Than ten percent off the original off the list price,
that it wasn't even originalist price more than ten percent
of the list price, that when we went to see it,
we're getting it ten percent less because we're going to
have to deal with that roof later. And we went
back and forth and tried to do it. We were
going to put on the roof as we were closing,
and we went over a bunch of different ways, but

(55:46):
we decided at this point the buyers really wanted to
buy the property, and at the price they're paying for it,
they don't care that they're going to have to put
the roof on afterwards, because they feel they're getting enough
value at the price now that they'll go ahead and
put the roof on. No big deal. But there's a
lot of buyers that can't do that because they might
be thinking, I just put five percent or ten percent

(56:10):
or twenty percent down on this house plus my closing costs,
and now I got to come up with money for
a brand new roof in the next year or two.
That's pretty scary to people. So they want to negotiate
up front right away, right right, Mike, And they want
to get that roof taken care of now so that
they have a bankrolled so that it's affordable for them.

Speaker 5 (56:30):
Sure.

Speaker 6 (56:31):
Yeah, I'm just never quite sure what the right Like,
what's a fair mindset there? Like a buyer would say,
I'm gonna put a new roof on.

Speaker 4 (56:37):
I get it.

Speaker 6 (56:38):
You know it's gonna cost me twenty five thousand dollars
or twenty thousand dollars whatever it is. Let's say shingle roof,
Like I want that from you, mister missus. Seller like,
I want a twenty thousand dollars credit because I need
that cash to put a roof on. Is that a
reasonable to ask for the buyer?

Speaker 7 (56:53):
I think there's nothing unreasonable, because everybody has their own
opinion and they should do what they think is right,
and either it works or it doesn't work right, and
if it doesn't work for them, you move on to
the next house. But I think it's easier to answer
your question for the perspective of the seller. So when
I'm sitting down with the seller and I say how
old is your roof? Right, when was the last time

(57:14):
you put a roof on? And they go, it's original,
it's two thousand and four and it's a barrel tile roof.
They probably have some useful life on there. They could
have significant useful life, but it also could be shot
at that point too, and you really don't know. So
what I said is, look, this is what you have
to understand is from a buyer's perspective, they got to
have at least five years or they're not getting any

(57:35):
insurance policy. So if you don't have five years, we
have to deal with the roof. There's no way around
it if you want to sell the house with the finance.

Speaker 6 (57:43):
Bi before, like as you're you're figuring out what price
point to put it at.

Speaker 7 (57:48):
But then what I say is, well, what happens if
you're at six years or seven years or eight years
useful life? You as the seller automatically thinking yes, it's
taken care of, I'm done, I'm out to hear I'm good.
But a buyer's going to go whoa, wha, whoa Wait
a second, So you're telling me, in the next two years,
I got to put on a new twenty five thousand
dollars roof, and a lot of the buyers are going

(58:10):
to want to negotiate that now. So mister and missus seller,
you have to be really prepared to deal with this
roof upfront. Know all the information before the buyers even
start walking into the house to look at the house,
so that if the roof does come up as an issue,
we have a plan ahead of time. Now with the buyers,
you just don't know what you're going to get, Mike.
It's like a cracker jack box, right, Yeaprice. So some

(58:31):
buyers are like, Hey, I don't care if I have
six years life or a useful life left or seven
year and I can get assurance I want the new roof.
You don't want to give it to me, I'm out of.

Speaker 6 (58:40):
Here, right, I'll go buy one with a new roof.

Speaker 7 (58:43):
And some of them and I've had other kinds where
the roof ended up being a problem that was a
surprise to us. We didn't expect it, or we expected
that we were going to have a problem. And we
knew we had barely five years useful life and that's
about it, and that we were going to pray that
we got five years right, and then the buyers would come.
We'd be all ready to deal with the roof if

(59:03):
we had to. And about was go ah, we're good.
They're like whoa, And then we just ignore the whole thing.
Every situation is, so everything is different, Mike. It really
depends on budgeting and everything else. Now some of this
other stuff isn't really so much about budgeting necessari it's
about more serious stuff. So the easy, low hanging fruit
is electrical stuff. So I always when I go and

(59:26):
look at houses for buyers or the seller, when I'm
going for the listening point, one of the things I
do is go to the electrical box and the electrical
boxes outside because I learned this from Ross, and make
sure that these boxes don't have a brand that used
aluminum wiring back in the day. I don't remember the
ages when they did this. I think it was up

(59:48):
into the eighties, but there were certain electrical panels that
can create heat from the aluminum wiring and cause fires.
Is that correct way to describe it as a fire?

Speaker 5 (59:58):
You know, we don't come across it that much, very rarely,
and it's way before my time when it was popular.
But if there is aluminum wiring, if it's like branch
circuit aluminum wiring, it's okay if it's been remediated or
upgraded to that. But if it's like single strand aluminum,
then that that's bad. Okay, But like multi spright. But

(01:00:21):
I think those are two different things. So you have
some homes that were built, especially down in Brower certain age,
were instead of copper wiring in the house, it was
illumin aluminum wiring, right, which are prone to overheating.

Speaker 4 (01:00:36):
You know.

Speaker 6 (01:00:37):
I think what you're talking about is the panels that
used the aluminum bus bars instead of copper bus bars.
So within the box itself, like what everything connects to,
So those are the panels that it's not the wiring
in the house, it's the it's the panel that has
the safety.

Speaker 7 (01:00:55):
So what I've always would I always use FP which
is called Federal Pacific Electric FPE, STAB block STAB l
OK I Sylvania, Sylvania. I think Zinser, Zinsco, Zinsco, Sinsco.

Speaker 5 (01:01:13):
But that's like, you know, so six years ago, well.

Speaker 7 (01:01:17):
What do you mean by that? So let's say I
have an FPE STAB, I have one right now where
I have an FPE, it's a small like fifty amp
or one hundred amp.

Speaker 6 (01:01:26):
So Citizens doesn't care.

Speaker 5 (01:01:27):
Citizens doesn't care.

Speaker 7 (01:01:28):
They just don't say.

Speaker 5 (01:01:29):
I mean six years ago, when Citizens was, you know,
twenty percent higher in premium than everybody else, then yes
we cared. But now Citizens is twenty percent lower than
everybody else, and they take everything they as long as
the overall electrical system is in good working order, the
brand of the box doesn't matter. So that's I'm saying.

(01:01:51):
That's so six years ago.

Speaker 6 (01:01:52):
Huh Okay, you were kind of forced to swap it
out if you wanted a decent number on your insurance before,
and now you're most of the time going to be
a carrier that doesn't have that same safety concern.

Speaker 5 (01:02:04):
Yeah. So like six years ago, maybe I could get
your premium for eighteen hundred bucks with this carrier, but
you've got a Federal Pacific Electric box, so Citizens will
do it. But it's four grand. So that's the way
it used to be. Right now it's inverted where even
if you have a good electrical box, the regular carriers
four grand and Citizens it is eighteen hundred.

Speaker 4 (01:02:25):
You know.

Speaker 6 (01:02:25):
Now it's like, well, here are two are a small
condo in the center of Florida. Here are two other
type of electrical things that I haven't really dealt with
in a long time.

Speaker 5 (01:02:37):
Though, real quick, I'm sorry. Sure in Fort Pierce, I'm
writing condos for six hundred bucks. Yeah, like seven hundred
full policies well in carrier, yeah, interior only. Yeah, but
those were those six bucks. Yeah, those those were up
to like fifteen hundred.

Speaker 6 (01:02:54):
Ross quoted me manufactured home in kind of northern Florida
for it was like thirteen hundred bucks for the premium,
like the good coverage.

Speaker 4 (01:03:02):
Yeah. Oh, well, you.

Speaker 6 (01:03:04):
Know, surprised on I was surprised on that. Get north
and Yeah.

Speaker 7 (01:03:08):
I know a couple named Omar and just that might
I might need a discount on insurance. I'll give them
a call the discount.

Speaker 5 (01:03:15):
Yeah, well if we still have any available. Yeah, you know,
we've been using all our discounts. I'll check.

Speaker 4 (01:03:21):
Everybody's looking for the.

Speaker 7 (01:03:23):
Looking for the discount. Well, what about two other types
of wiring issues nob and two wiring, the old type
nob and two wiring. I haven't seen that in a while.
Last time I saw it was like in Northwood and
West Palm.

Speaker 5 (01:03:36):
I saw it. We we visited.

Speaker 6 (01:03:38):
Uh, we went to Charleston and we were on a
plantation and they had nobbin.

Speaker 7 (01:03:41):
Nobn too wiring.

Speaker 4 (01:03:42):
Yeah.

Speaker 7 (01:03:43):
Can you can't get that? You can't get that assured anywhere?

Speaker 5 (01:03:47):
I mean, can I get any maybe yeah, I could
probably get it, but.

Speaker 6 (01:03:50):
It's not gonna be pretty Yeah, yeah, okay, do have
an electrical exclusion.

Speaker 7 (01:03:54):
But what about what about cloth wiring? Thought cloth wiring
you that means citizens only or anybody or citizens will
take it, okay, but any it sounds like Mikey. Give
it to Mikey. He likes, he likes it. Okay, So
cloth cloth wiring you can still get insurance. Okay.

Speaker 6 (01:04:18):
Now you have to remediate aluminum wiring.

Speaker 5 (01:04:20):
As long as it's branch circuit already whatever. As long
as it's been converted to that branch, as long as
it's branch circuit whatever that is, then you're fine. If
it's single strand, then that's no good. Interesting.

Speaker 6 (01:04:33):
So if it's braided, well, I don't know. Okay, haven't
run across that in a while. You remember Jimmy used
to used to have to take They would do like, uh,
they would convert the aluminum to copper at all the junctions,
and they would do that basically with like a special
kind of wire nut.

Speaker 7 (01:04:50):
No, I don't, yeah, I don't. I never dealt with
that when I was flipping homes and stuff.

Speaker 6 (01:04:55):
I haven't dealt with that.

Speaker 7 (01:04:57):
Yeah, I know you, I know because you because the
day the electrician background right.

Speaker 6 (01:05:01):
Yeah, we're just like I guess homes down in in
for lotterial area.

Speaker 4 (01:05:05):
You saw that.

Speaker 7 (01:05:06):
The last thing I want to talk about with the killers.

Speaker 5 (01:05:10):
If I was looking at it, I would not be
seeing that. It would just look like wires and.

Speaker 7 (01:05:14):
Electric polybutline piping. Now, I've had that happen a couple
of times over the last sever years, and I've had
a couple of agent friends that have had to deal
with polybutling piping in house. Can you get insurance of
polybutline pipe today?

Speaker 5 (01:05:34):
Citizens know? I have a carrier that will accept it
as long as you exclude water. But they're not like
opening every zip code.

Speaker 7 (01:05:46):
So that has to be pretty bad. If Citizens isn't,
it'll take everything it. They'll take everything. But Mikey doesn't
like that.

Speaker 4 (01:05:54):
And we're not covering your.

Speaker 7 (01:05:57):
Yeah, people don't know what a beautylene is. Just to
give them an idea, it was replacing copper supply lines, yes,
copper supply lines, and they replace it with this plastic
stuff that we call it pecs. Now I don't think
they called it pecks back.

Speaker 5 (01:06:16):
Well, yeah, well pex is the PEX is new and different.

Speaker 7 (01:06:20):
And right but right and and what happens the reason
why that was so good is it was great for
plumbers because they can bend corners and turn corners and
everything and make it really fast to put everything in
the problem was is that the metal couplings they used
to combine all the all the tubing together and everything.
Over time it would eat the chemicals in the metal,

(01:06:43):
would eat the plastic piping away, and would create leaks,
like leaks inside the walls and stuff like that.

Speaker 6 (01:06:50):
All the joints were like high higher incidents of leaking
than anything else.

Speaker 5 (01:06:56):
Yeah, it's the joints. It's not the actual pipes themselves.

Speaker 7 (01:06:59):
Right, It's where to join the coupling. It's the coupling area.
So that has always been a big deal. Now we do.
If anybody has pily beutling pipe and you're selling it,
you've got to deal with it because it's going to
be an issue. We have specialized plumbers that just do
pily beutling pipe. And if you're in the South Florida
area and you tell me what your community in when

(01:07:20):
I call this plumber, they're going to know exactly what wall.
If you tell them the model of the house, they'll
know exactly what wall they need to get. Into to
start working on everything. So pilgueling pipe can be a
deal killer, so check out to see if you have that.
Sometimes it's just the main line going from the main
line into the water tank and then that's it. Other

(01:07:41):
times it could be spread throughout the whole house, so
you got to check into it. So try to avoid
these deals.

Speaker 5 (01:07:46):
But in the same vain pecks can be an issue too, yes, can.
But citizens is good with pecks, but some carriers are not.
And the ones that are you have to like provide
proof by way of like permit or something that it
was installed after two thousand and nine.

Speaker 7 (01:08:04):
I want to say, Okay, really important.

Speaker 3 (01:08:07):
Eight six nine six nine toll for you to be
a part of the program. Who do we got to
join in the conversation.

Speaker 2 (01:08:13):
Kelly's checking in with us. You wanted to.

Speaker 9 (01:08:15):
Talk about the old school electrical boxes. Kelly, welcome to
the show.

Speaker 8 (01:08:21):
Hey, good morning, guys. The best of the best right here.
Y'all got to be listening to what they're saying.

Speaker 7 (01:08:25):
I'm just saying, say, hey, Kelly, what's your question today?

Speaker 8 (01:08:31):
So my question is I'm from up North originally, and
we all remember the old shoes boxes right where your
dad had to go down and put a fuse in.
My question is basically like, still these historical houses like
in Norwood and stuff, which are I think they are
sanctioned air quotes to stay proper to a guideline to

(01:08:53):
be historical. What do those shoes boxes look like?

Speaker 4 (01:08:57):
Like?

Speaker 8 (01:08:58):
Does this make sense? Can they upgrade their fuse boxes?
I mean, you have an historical home that has to
have aesthetics to be historical. But does that also mean
like your fuse boxes and your plumbing and all that,
and how does that affect your insurance?

Speaker 6 (01:09:14):
I'm pretty sure the answer is you can upgrade all
of your like mechanical components of the home. So the
architectural historical designation is about how does it look? What's
the finishes on the outside. If you wanted to keep
it original inside, you know, structurally, I think you could,
but yeah, you should be able to do all your plumbing,

(01:09:37):
electrical ac I think can all be moderoring.

Speaker 7 (01:09:40):
I think they don't want.

Speaker 5 (01:09:41):
The historic value and to include the chance of burning down.

Speaker 7 (01:09:46):
Yeah, yeah, Like think about it. Think about if you
had like an eighteen hundred home and you had to
clay vitrified pipe is your own sewage, right, you know
that that's not you can't tell an owner after it fails,
you got to put blay or five pipe back. That
doesn't make sense, right because it isn't affecting historical value.
But it's a really good question though. But when you

(01:10:08):
buy the historical homes, you're going to pay extra costs
for those kind of things, meaning like you might have
higher insurance or higher costs for things because you're not
allowed to do.

Speaker 5 (01:10:19):
Yeah, it's generally going to be more expensive because it's
a historical home. So I'm assuming it's older, yeah, and
older homes are usually a little.

Speaker 8 (01:10:27):
Bit more Yeah. And then up north there are still homes.
Like I come from the northeast, I come from Pokam Mountains, Pennsylvania,
there are still homes that have heated I never say, right,
radiators radiator.

Speaker 7 (01:10:39):
Radiators, yep, yep. Well, Kelly, yeah, you did bring up
something that you did bring up something that I didn't
ask about. So I'm going to go ahead. What about
fuse boxes because I just had a fuse box recently.

Speaker 5 (01:10:51):
Yeah, I think fuse boxes no good.

Speaker 7 (01:10:53):
No good, right, because that's what I think happened in
my other house. So fuse boxes are no good down here.

Speaker 6 (01:10:58):
So it's been working fine for hundred and that we
can't use anymore.

Speaker 7 (01:11:02):
As long as you put the penny in everything's fine.
You just put the penny in there. That's the old Kelly.
I'm sorry.

Speaker 6 (01:11:10):
I got to know if you don't know, yeah, you
don't know, you don't know.

Speaker 8 (01:11:16):
I mean, yeah, I mean I think there was a
whole Christmas that we made about the fuse box.

Speaker 7 (01:11:20):
Yeah, yeah, exactly, Yeah, I'm I was just curious.

Speaker 8 (01:11:25):
So there's there's no fuse boxes in South Florida.

Speaker 7 (01:11:28):
Oh no, there are because I just sold one. I
just sold a house with the fuse box and they're
they're just not insurable.

Speaker 5 (01:11:34):
But yeah, these are.

Speaker 6 (01:11:35):
This is from our perspective, Kelly, it's all time. Yes,
I'm buying home, and these things are potential hazards from
an insurance perspective. And so if you're buying cash, you
can roll your own, right, you can go without insurance.
But if you're getting financing, the home must be insured.
Therefore it needs to be insurable per you know, at
the very least, you know citizens standards pretty.

Speaker 7 (01:11:57):
Much, and and the mortgage company has to feel that
the lender has to feel that it's a safe bet,
that you know that there's value in the home and
that you know that you're going to be able to
perform on You.

Speaker 6 (01:12:08):
Got to remember the home is the security for the loan,
so they're not interested in the house burning down. That's
that's without any protection please.

Speaker 4 (01:12:18):
Yeah.

Speaker 8 (01:12:19):
Right, And then the homeowner could redo all that to
be modern just say in general outside of say we
don't want to be historical anymore. We just want to
make it a regular house quote unquote, you could rewire
all that or like yeah.

Speaker 6 (01:12:36):
Yeah, yeah, I think restrictions are going to be on
your mechanical components like that.

Speaker 3 (01:12:41):
Yeah, you and I don't think you'd be you'd lose
your historical designation. And you're right, yeah, it feels like
something you'd be able to update.

Speaker 2 (01:12:47):
I think like seventy of the original structure has to.

Speaker 4 (01:12:50):
Remain or something like that.

Speaker 5 (01:12:51):
Look something along an attorney.

Speaker 2 (01:12:58):
It's funny Kelly mentioned about that from the North.

Speaker 9 (01:13:00):
Obviously, I'm from New Jersey too, and a very historical
town built and started in seventeen twenty or something like that,
So there was a lot of houses like that that
were built in eighteen hundreds.

Speaker 2 (01:13:11):
Yeah, you know, of course they were.

Speaker 9 (01:13:13):
I mean, I mean, you know, for instead of cement,
they had what the mud and horse hair?

Speaker 7 (01:13:18):
Oh yeah, right, yeah, with the.

Speaker 2 (01:13:20):
Slats and everything.

Speaker 9 (01:13:21):
So you know, we put in air conditioning or plumbing
or something like that in there, and you're just redoing it,
but the structure was still historic and that's how it
could keep that, you see.

Speaker 6 (01:13:35):
I kind of joked about being in Charleston, but obviously
Charleston is a historic, very historic town. And you could
see some of these and part of like the plantation
tour in the houses that you can see where they
upgraded stuff through the years, right, so they went from
a knob and tube to you know, cloth wiring, and
then you know, so on neat you know, interesting interesting

(01:13:55):
you can see like oh this is where they went
from no electricity to electricity.

Speaker 4 (01:14:00):
They get this.

Speaker 6 (01:14:00):
All the wires are running exposed everywhere, you know.

Speaker 8 (01:14:04):
Side note. Side note. I just thought about, which I
think is a new trend that's coming on, is everybody
wants gas stoves in their kitchen. So that's like, is
that a new trend or is that that's that's.

Speaker 3 (01:14:16):
Influencer That is influencer one oh one right there.

Speaker 6 (01:14:20):
You get instant heat, Johnny on your pots.

Speaker 4 (01:14:22):
It's instant yeah, right, yeah, yeah, yeah.

Speaker 3 (01:14:25):
You're just seeing you're seeing the demand because more and
more influencers are like, you gotta have this.

Speaker 4 (01:14:29):
Is that?

Speaker 6 (01:14:30):
Is it environmental? Or is it because of the cooking
qualities they're paid to?

Speaker 5 (01:14:34):
Oh, it can't be environmental because gas is bad.

Speaker 6 (01:14:38):
You don't know that.

Speaker 5 (01:14:39):
Well, I mean it's a fossil fuel.

Speaker 8 (01:14:42):
Nor I mean my mom is paying a strong amount
of money for a gas thanks no pay in time
to heat her house, do you know what I mean? So, yeah,
it's it's also expensive.

Speaker 7 (01:14:54):
And but but electricity is expensive too, especially up in
the north right abound, now right, I love a gas Jersey.

Speaker 8 (01:15:02):
I've never I've never heard of this. But our house
was built and they have what are called ceramic heaters,
which two of them have already like busted down. So
I'm just you know, I'm taking notes from the best
of the best getting stuff together. But I thought it

(01:15:22):
was kind of a good question, and I appreciate you guys,
stars are amazing.

Speaker 3 (01:15:26):
Well, we appreciate you and bringing the question of the table.
Having a great rest of your weekend, Kelly, we'll talk soon.

Speaker 8 (01:15:31):
We're gonna we're gonna go shopping and we're gonna make
the moment Lasagnias.

Speaker 7 (01:15:36):
Whoever hungry, come on down Garfield the offer.

Speaker 4 (01:15:44):
Appreciate you. Eight throw back on Garfield right, beautiful thing
hates mondays.

Speaker 5 (01:15:51):
Though active not been too might be okay with citizens.
They may they may take that. Okay, they may take
that eight seven seven nine seven six nine six. You're
more than welcome to join the program.

Speaker 3 (01:16:03):
We got eh thirty five minutes remaining forty on a Saturday.

Speaker 7 (01:16:07):
Yeah, so give us a call. I wanted. I thought.
I saw this article on Housing Wire. I thought it
was kind of interesting, so I'm going to bring it up.
Home sellers who didn't list on the MLS lost one
billion dollars in sales proceeds, according to Zillo, over the
last year. And what they did is is they went
into two point seventy two million homes that are on

(01:16:29):
their website and then analyzed the ones that were on
the MLS meeting listed with an agent versus ones that
were not listed with an agent. It just sold off market.

Speaker 4 (01:16:40):
So for sale by owner.

Speaker 7 (01:16:42):
I guess that sometimes they're represented. It isn't that clear.
Sometimes it's represented by an agent, but didn't put it
on the market. Okay, that can happen, the one with
the no we put that on the market. Why, I
was trying to think of one that we didn't put.

Speaker 3 (01:16:57):
On the one you've sold some shadow inventory, Yes I have,
but you're you're not taking a bath in it. You're
not you're not taking a haircut. You're still you're still
getting top dollar for it. So I don't know why
they'd include that any equation unstages really bad agents.

Speaker 6 (01:17:11):
Well, what do they call that a pocket listing?

Speaker 7 (01:17:14):
Yeah, they call that a pocket listing.

Speaker 6 (01:17:16):
Right, it never goes out.

Speaker 7 (01:17:17):
It never gets actually advertised on the MLS. It's whatever
that agent, right, the agent talks about in the office.
They can put it on social media and Facebook or
call people or whatever, but they don't have it on
the MLS. The point of this article is is should
you put on the MLS or not? And the short

(01:17:38):
answer is yeah, you're probably better off putting on the MLS.

Speaker 4 (01:17:41):
You get way more eyeballs on it.

Speaker 7 (01:17:43):
And the average home is getting between five and ten
thousand more than not putting on the MLS.

Speaker 6 (01:17:49):
Now, what is purchase price?

Speaker 7 (01:17:51):
Yes, but it isn't including like costs for selling the home.
So what it doesn't say here the people that sold
off market, did they have an agent and did they
pay any agent fees or not, like those kind of
like commissions. Did they pay any commissions or not. It
wasn't clear in this article. But what they said is
it was a very clear, like right in your face

(01:18:15):
statistic that if you don't put it on the MLS,
you get less money for the house. And the other
thing that I thought was really interesting about this article,
they said that the people the segment of commit the
demographic segment that is not likely to put it on
the MLS minorities, And I was just surprised, like why
were minorities, Like why just minorities? You know, so African Americans, Hispanics, Asian,

(01:18:43):
I don't know if they had Asian in here, they
I know they had.

Speaker 5 (01:18:46):
I get that Latina. I feel like some minorities get
taken advantage, but I definitely see it insurance a lot.
I see it in insurance.

Speaker 7 (01:18:53):
A lot, Asian Americans, Johnny wright AND's pacificate, Islanders, and
Native Americans, so all of those groups they're less likely
to put on the market, and a lot of times
it's true. People will tell them not to put it
on the market. I had somebody that's thinking to sell
them their home, and they were thinking of just putting
it on the market for you know, we buy houses
fast for cash.

Speaker 5 (01:19:14):
Thing.

Speaker 7 (01:19:14):
They're not understanding the huge discount that just by saying, hey,
I'm going to do it that way. It's like basically
saying I'm knocking twenty grand off my house right off
the top right. I'm just not even going to deal
with it. And the reason why people do it is
they don't want people coming into their house. That's that's
what the real thing is. They don't want to stage it.

(01:19:36):
They don't want people coming into their house and selling
the product.

Speaker 6 (01:19:40):
Tho, they don't want to pay commissions if they don't
have to.

Speaker 7 (01:19:44):
Some of that, some of that's there, but a lot
of people just don't want the house being shown. And
they feel like if they can have one person come
in and give them something, they give them an offer,
and they could afford to take that offer to them.
They I think that makes it easy. It's easy.

Speaker 6 (01:20:02):
They don't want to parade there.

Speaker 7 (01:20:03):
But the amount of money there, But the amount of
money they're losing to me, It's really really amazing because
a lot of the people make those decisions are not wealthy,
so the money from the house is like probably like
the biggest income that they're going to have in a
very long time, and they're just throwing some of it away.
It's just, to me, is amazing.

Speaker 6 (01:20:24):
It seems to me that if you wanted to sell
your house for top dollar, you want as many you
want as much exposure as.

Speaker 7 (01:20:31):
Possible, You want as many people out there.

Speaker 6 (01:20:33):
So are you able these days to get maximum exposure
without MLS access? Are you are you cutting out a
big piece of potential buyers?

Speaker 7 (01:20:47):
Well, my my initial answer is, of course, know that
you can't do that without having it on the MLS.
When you have on the MLS, there's like just Keller Williams,
there's over six of us in the three county area, right,
So putting on the MLS, you're getting exposure to every
you know, all of those people, plus all the Remax

(01:21:08):
and Carwell Banker and Kay's Realty and ABC Realty Company
and anybody that wants to look for a property in
that area that matches your needs. Trying to do that
with individualized advertiser say, well, I'm going to cast that
net by myself. First of all, it's going to be
super expensive. And second of all, I don't think you

(01:21:28):
could do it.

Speaker 5 (01:21:28):
I don't What if you just put a sign out front, Yeah.

Speaker 7 (01:21:31):
Just put the for sale by owner out there, just
for sale.

Speaker 6 (01:21:34):
But can I ask you something on that? So our
real estate agents when they're looking for homes for their buyers,
are they looking outside the MLS or is it pretty
much what's in the MLS is.

Speaker 7 (01:21:50):
Some The short answer is it depends. But most of
the time, no, Most of the agents are just looking
on the MLS. If it's not in the MLS, it
doesn't exist. They don't even go to Zillow or trulyr
realter dot com to look for off market properties over there.
They usually don't do that.

Speaker 6 (01:22:07):
So most buyers are using an agent. Their agent are
going to the empowering the MLS for homes. Sure, And
if so, if you're not in the MLS, you don't
have the professionals spotting it. You're basically relying on homeowners
who are willing to do their own you know, they're
kind of kind of doing their own whatever like Zillow
and realtor dot com.

Speaker 5 (01:22:27):
And you can can you list your house on Like
if I could put my forsale biowner house on realtor.

Speaker 7 (01:22:33):
Realtor dot com. Yes, because it's not part of the
MLS or Realtors Association. It's actually owned by Robert Burdock
owns Realtor dot com. I always joke I don't know
how it happened, but I always have it in my head.
He do you know, he must have been so happy
when we came up with the idea that's like realter
dot com. I wonder if that's available. Yeah, and then

(01:22:55):
they grabbed it before the Relters Association grabbed it. I'm like, yeah, somebody,
that's what I always imagine when because people think relter
dot com is really I was talking to somebody yesterday.
You said I only use relter dot com for searching
because they think they're on the MLS. And I'm like, oh,

(01:23:16):
that's great that you're doing that.

Speaker 6 (01:23:18):
I a guy that got I've got one dot com
way back.

Speaker 7 (01:23:24):
Yeah, I've got one dot So.

Speaker 3 (01:23:26):
Along the lines of what you're talking about, these like
non MLS properties. I was just thinking the other day
because I was at some intersects like military and Okochobe
or something, and I meant that intersection, and you know,
I got somebody begging for money. But there's a sign
like posted right there, you know, four bedroom home for sale.
And I and I remember thinking, like, I wonder how

(01:23:47):
often they get calls off of these signs at the intersection.

Speaker 7 (01:23:50):
Oh, bandit signs. I used to do the bandit signs. Okay, Uh,
there's some pbs O deputies out there very upset with
me right now.

Speaker 6 (01:23:58):
Could you could staple them way high right?

Speaker 4 (01:24:01):
Yeah.

Speaker 7 (01:24:02):
I don't want to get into the hull thwapping and
all that. Yeah, but I used to. I used to put.

Speaker 5 (01:24:08):
Yeah, those PBSL guys are gonna be very.

Speaker 7 (01:24:10):
Mad if you go into the All those signs that
you see on the road are called bandit signs. They're
called bandit size. And the reason why is they were legal.
You're not allowed to put them out there. You have
to have a permission from the government agency that controls
that area to do it, and most most cities won't
let you do that. So people just throw them out there,
and they're throwaway signs, right, they blow away, you know whatever.

(01:24:33):
People use them for whatever, and they're gone, and you
just put them out there and you throw them out there,
but you'd be surprised at how many people call off
of those bandit signs. You do get a lot of
calls from those signs.

Speaker 6 (01:24:44):
Which it goes to the other point where people who
are so buyers who are kind of using those mechanisms,
so doing their own searches looking for for sale by owners,
calling from these signs. They want a deal, right, they
know that you're essentially you're cutting out costs by kind
of doing for sale by owner. Therefore you are you

(01:25:07):
can sell me the house for cheaper than I could
sell than I could buy for someone else. That's that's
the thing where people.

Speaker 7 (01:25:12):
But that's the thing that doesn't make any sense. I
hear people say a lot of time. So you're a seller, so.

Speaker 6 (01:25:18):
You don't want to hire homes in the neighborhood for sale.
You're one of them.

Speaker 7 (01:25:21):
But let's just say you're a seller and you want
to save money, right, You want to save costs so
that the net you get is more. Right, you want
a bigger you want bigger you want bigger paycheck at
the end of the day or the check that you
get it closing. Yes, So if you're.

Speaker 4 (01:25:37):
Not every seller ever, righty, right?

Speaker 7 (01:25:40):
Exactly. So if you have, if you're not bringing it agents,
you're doing it to save money for yourself. I don't
want to pay those people, So why are they going
to drop the price equal to or less or more
than what they would pay the real estate agent?

Speaker 5 (01:25:56):
I don't think, Mike said. Mike is saying that the
mentality of that buyer that is calling that bandit time
is thinking opposite of what your what the four by
sale owner guys is thinking. So you've got two increme good.

Speaker 7 (01:26:12):
I see what you're saying.

Speaker 6 (01:26:13):
The buyers know that you're but let's just make it easy.
So that there's ten homes for sale, they're all four
hundred thousand, and you're doing for sale by owner. Why
should be able to get it from you for three ninety, right,
not four hundred, because I know that you're cutting out
your costs. Like that's the buyer's angle.

Speaker 7 (01:26:28):
And the seller's attitude is I want four hundred. Yeah,
And if the house what did you what were the
numbers used? Three ninety first.

Speaker 6 (01:26:36):
Four hundred with like you know, I'm assuming a ten
dollars dollars commission er, and.

Speaker 7 (01:26:39):
They usually want like four ten twenty. A lot of
the houses for you know, eighty five percent or something
to the houses on four cell owners don't sell the
use and the agent they priced to e they don't
know what they're doing and nobody does the advertiser you
just talked about what you said. If the sellers out
there looking for their own foresell by the undred people
and they're doing this and doing that and doing that,

(01:26:59):
I'll like, you're not doing.

Speaker 5 (01:27:00):
Any of that.

Speaker 6 (01:27:02):
You're back to I only want one buyer to come
over to not bother me, and I want them to
make me an offer.

Speaker 7 (01:27:07):
I probably know like four people this year that might
be able to pull it off. Like aDNA right if
she were selling a house, because she's on top of
her game. Right, this is one of our buyers. Adena.
She if she wanted to do it by herself, she'd
probably do very very well. She's very detailed on it,
very like on top of her that's possible. Lisa, Lisa

(01:27:29):
from Ormond Beach Now we just sold their house at
West Palm. She's the four I called her the force
of nature. If she wanted to go put her house
on the market, she's probably very solid and really knows
her numbers really well. She probably could pull it off, right,
But do you want to do all that extra stuff?

Speaker 5 (01:27:45):
Right?

Speaker 7 (01:27:45):
Do you want to have your regular job and have
your normal lifestyle and then sell a house on the slide.

Speaker 6 (01:27:50):
And then negotiate all of the roof stuff and the
electrical stuff and the insurability and the you know, right,
Like that's also where you're really Your top professional real
estate agent is super super valuable. Everything goes smooth, everything's perfect. Then, yeah,
you could look at it and say, look at this agent,
look at the check that they just got. You know,

(01:28:11):
I'm never gonna like professionals get charged professional you know,
providing professional service, you got to get paid for it, right,
Like that's the bottom line.

Speaker 5 (01:28:21):
You can't only get paid for it when it goes wrong.

Speaker 6 (01:28:23):
Right, But everything goes super smooth and you got like
really friendly people and you like get to the finish
line and like that agent really didn't do too much
and look at this check that they got.

Speaker 7 (01:28:33):
It's like, well, Pete was a good example that I
keep bringing the fat.

Speaker 6 (01:28:36):
Right, he didn't use you, but he used you.

Speaker 7 (01:28:38):
Yeah, he didn't use me, but he used me. He
found a house off market for cell by the owner.
The guy was really on top of his game. They
both liked each other really well, which held that doesn't
always hold towards the whole covers the whole consummation of
the closing. But they all both got along. They already
agreed to a price, everything was done pretty much and
they just wanted somebody to walk them through it. So

(01:29:01):
all I had to do. I sat at the table
with both of them. Who has a hashed out all
the terms for the contract together, right, because we already
had the price. Yeah, so we were together when we
did all that. It was like the three of.

Speaker 4 (01:29:12):
Us, right, just a transaction coordinator.

Speaker 5 (01:29:14):
Yeah.

Speaker 7 (01:29:14):
Basically I was just saying, what do you want, Mike,
And what do you want Johnny, and let's make all
this happen. And then Mike would say this, and then
I would say, well, what happens if this happens? Right,
And then we just worked it all out and I
got a small fee, you know, just to make them
go through it. It went through great. Other times, you know,
the people are to each other's throats at the end
of the deal. Right by the end of the deal,

(01:29:36):
so you just don't know what's going to happen. But
the one thing I want to keep mentioning because this
statistic is not a new statistic about making less money
when you don't put it on the market with an agent.
The National Associated Realtors, whether you like them or not
like them, they've been doing this study now for over
twenty years and it's been pretty much the same when

(01:29:56):
you put it on the market by yourself, when you
sell you your house by yourself versus using a realtor
self or less. Nine percent is that And this statistic
has been so consistent through the years. It's nine percent.
So even if you're paying a six percent commission or
five percent commission, you're still making that money plus more

(01:30:17):
money if you use the agent. Plus you're getting to
professional expertise you need in case there's a problem that
pops up.

Speaker 4 (01:30:24):
Yep.

Speaker 7 (01:30:24):
So anyway, I just thought that was interesting about you know, so.

Speaker 4 (01:30:28):
The number is consistent though it's not changing.

Speaker 7 (01:30:30):
It really hasn't changed. And this hasn't changed that much either.
This just Zillo is just confirming what Nora has said. Now,
the funny part of this whole thing. Zillo now is
a big advocate. There was a rule that the National
Association Realt's put out called the Clear Clear Cooperation regulation
or something clear cooperation policy right where you have to

(01:30:54):
put If you take a listing, you have twenty four
hours to put it on the MLS or you're in trouble.

Speaker 5 (01:31:00):
Right.

Speaker 7 (01:31:00):
So sometimes sellers are like, hey, I want to meet
with you Jim today, and then I go, you need
to stage the property, and they go, give me two weeks.
We signed the listing there because we're waiting for them
to get ready for the photos. But I'm supposed to
put the house on the market the next day, so
I have no photos, right. So they're trying to stop
pocket listings Zillo. That doesn't really help Zillo that much.

(01:31:24):
At the beginning, Zilla thought it would be better that
pocket listings are better because they're more likely to advertise
on Zillo to put it out to everybody if it
isn't on the MLS. But now Zillo's changed its mind
and says, we believe in the clear cooperation policy, and
that's spending money to lobby that they keep that policy
in play. And the reason why they're saying that is

(01:31:47):
that they feel that the public is harmed by not
having all the properties on the MLS because they don't
have as many choices to look at I don't think
that we have that problem anymore because they're inventory is
pretty high right now. You have plenty of choices out there,
which gets us to the last segment. Yeah, last segment
we got twenty five minutes, so let's get it to.

Speaker 6 (01:32:09):
On the Zilla thing.

Speaker 4 (01:32:10):
I had it.

Speaker 6 (01:32:10):
I always thought Zillo kind of trailed the MLS a
little bit, like the goes to the MLS and then
Zillo picks up data from the MLS.

Speaker 7 (01:32:18):
It usually took like three to four days. Now I
hear it's a little faster, but I don't follow it
that much.

Speaker 6 (01:32:24):
But maybe they're just they want the data as quickly
as possible and MLS is the quickest way for them
to get that data. Therefore, they they're like, oh, we
like that idea because as soon as you have it,
we're going.

Speaker 4 (01:32:34):
To get get it.

Speaker 5 (01:32:35):
We're gonna get it.

Speaker 4 (01:32:35):
We're gonna get it within twenty four hours.

Speaker 6 (01:32:37):
And if you don't have it, we may or may.

Speaker 7 (01:32:39):
Not, we may not get it at all. Right, this way,
it's guaranteed to get on there. And I kind of
agree with Mike on that. Oh it's very self serving,
which which is getting back into uh, why it's great
to be a Florida buyer. I wish there was something
gator that remind that rhymes with the buyer, Gator buyer

(01:33:00):
something like that. Anyway doesn't So a lot of people
are doing gloom about the real estate rock market right now,
and they feel that Invatory's rising days on market is
long longer. Prices really aren't increasing at all. They're kind
of flat. But there's a lot of positive signs out

(01:33:21):
there for buyers because this is the kind of my
market that buyers have kind of been wanting for quite
a while and now it's here, but nobody wants to
I shouldn't say nobody, but there's not as many people
as you expect trying to take advantage of this market
right now. So what reason Number one is interest rates?
Right the interest rates now have been flat. We're at

(01:33:44):
six six' five this, week. Guys we went down point oh.
Two we were at six sixty seven last. Week but
we've been going down now since pretty much on a straight,
trajectory since Since january, sixteenth when we hit our peak
of seven oh. Four right now we're down to six
six five right and we've been pretty much been going,

(01:34:06):
down uh Since, January So we've been going down on
the interest rates for about three months, now two and
a half three months. Now it isn't crazy. Low we're
not like at, oh you got to run out and
go buy the house right now because of the interest.
Rates you're not going out to buy the house because
of the interest rate. Today but the interest rates have

(01:34:26):
been stabilized and they're pretty much the average of where
we've been for the last eighteen, months which is about
six point sixty. Five so we're right.

Speaker 6 (01:34:36):
THERE i feel like we've had the stableist three weeks
in a.

Speaker 7 (01:34:38):
ROW i, know, really it's really long time it has.

Speaker 6 (01:34:41):
Been it's been really any movement over three.

Speaker 7 (01:34:43):
Weeks three weeks ago we were at six six, three
then we went up to six six, seven and now
we're down to six six. Five SO i, MEAN i,
mean we're just staying. Flat how long that, LASTS i don't.
Know But, mike isn't it a lot easier for the
buyers when the interest rates aren't like on an UPWARDS
je three or they're bouncing all over the place when
you're trying to lock, in like when we're when we're

(01:35:04):
house shopping right and we're going into contract and trying
to find the house and, everything and the rates are
all over the, place they are going. Up what are
the concerns for you and the buyer as we're going through,
there because that's extra.

Speaker 6 (01:35:16):
STRESS i would say the concern for me and the
buyer is all about the. Payment and so the buyer
may be, Saying, hey we want our payment to be,
here and we're pretty you, know we have a tight
window of where we want to. BE i have a
similar kind of top. End if you're at the you're
pushing your max debt to. Income so basically the maximum
payment that you qualify for interest rate affects. That and

(01:35:41):
so we're talking, about you, know quarter point swings day over.
Day that's something that kind of hard hard to. Manage,
ultimately you need some mechanism so When but basically the
goal IS i want to make SURE i can close
on this. House so if you wanted to make an
offer on this particular, home you have to have your
interest rate close enough to what it's actually going to.

(01:36:03):
Be and it's hard to predict. That And i'm not
Like johnny. Knows he's, Like, mike can you update the
rate for? Me you know in the? App AND i
do kind of have to manage, that and it's easier
for me when rates are more or less. Steady and
if we're having big, swings you, Know i've am my
updating it. DAILY i MEAN i, could but it would
be small increments at this at this, stage right, Right

(01:36:25):
and so you know it's important to HAVE i don't
know what's close. Enough usually you can figure it out
like WITHIN i don't, know quart of a point half
a point off that could make a big difference.

Speaker 7 (01:36:36):
Difference, Yeah so we're not in that cycle right.

Speaker 5 (01:36:38):
Now.

Speaker 7 (01:36:39):
Now the other, thing another thing that we're the cycles
changed for buyers is insurance. Costs ross has been talking
now for quite a while about how things are being getting,
better what for at least six Months, ross, right, yeah
at least About. September, yeah and things are getting better
on that we're not seeing the huge price increase is

(01:37:00):
that we were seeing from policy over to, policy and
we're actually seeing where ros can call up and have
choices of lent of insurance companies.

Speaker 6 (01:37:10):
Or providing like here's my best quote in it doesn't
say citizens on the.

Speaker 7 (01:37:14):
Top and also he's actually calling up and, saying, HEY
i saved you a couple of hundred bucks this year or.

Speaker 5 (01:37:21):
Something, Right, yeah, yeah we're seeing seeing seeing.

Speaker 7 (01:37:24):
That so the cost for buyers on that, cost you,
know the assurance isn't as crazy as it used to.
Be that's another reason number number three reason inventory's growing like.
Crazy who would have. THOUGHT i don't even remember the
last time Ports Saint lucy Or Saint Lucy county had

(01:37:44):
a six point one percent. Inventory i'm, sorry six point
one months of the. INVENTORY i don't remember the last. Time,
yeah that is the that the definition of a neutral
market is six. Months we're actually in a buyer's market right.
There For, Florida, yeah For. Florida, Right, so But Saint Lucy.

(01:38:05):
COUNTY i remember WHEN i started the, show there were
some neighborhoods that had six years OF inventorya was, crazy,
Right But Saint Lucie county got to point nine or
point eight months of inventory at one point when we
were going through the stuff DURING, Covid and now we're
at six point one and we actually saw a year
over year decrease for uh list of median sales median

(01:38:29):
sales price for the, homes it actually. DECREASED i haven't
seen a decrease In Saint lucy county AND i don't
know how. Long now what does that? Mean that means
buyers are getting a little reprieve on the, sellers beating
them up on the, prices and now they have a little.

Speaker 6 (01:38:44):
More now they can. Tables right, now it's time to
get your licks in. Right, yeah are you you're tired?

Speaker 5 (01:38:52):
Out?

Speaker 6 (01:38:52):
Now Now i'm coming.

Speaker 7 (01:38:53):
Back, yeah go.

Speaker 6 (01:38:54):
Out just like in, general so the the the more
months of, inventory the better it is to be a. Buyer,
Yes and we'd right now have more months of inventory
than we've had in. Fifteen so if you and we
always preface this like are you a? Buyer this doesn't

(01:39:14):
mean like Hey, jim you should be a buyer Now
and you're, like, well, No i'm, Fine i'm not even
thinking about buying a. House That we're not trying to
convince you that you should become a, buyer right the
market is so, hot like you're missing out on the big. Opportunity.
No but if you're a, buyer meaning you've been considering,
purchasing maybe it's buying your first, home maybe it's selling
and upgrading like whatever it, is you have been considered

(01:39:36):
downsizing the other, Way, yeah you've been considering, buying but
you're kind of like waiting for think conditions to be
right for.

Speaker 5 (01:39:43):
You, well.

Speaker 6 (01:39:45):
More inventory means housing prices have are moving in your.
Favor right if that's one of the components of the
stars aligning is the price of the. Home right ultimately
the payment of you're financing with the price of the.
Home and right now inventory is expanding months of inventory
or days on markets expanding months of inventories. Expanding interest

(01:40:07):
rates are favorable now compared to three months, ago right
compared to sometimes last. Year insurance is at least, reasonable
more reasonable than it's. Been and sellers are having to
give in order to sell their. Home they're having to

(01:40:29):
give up something either the, price maybe it's.

Speaker 7 (01:40:34):
Maybe it's negotiating on the. Room, yeah, yeah you might buy.
DOWN a lot of them are offering buying down the interest. Rate,
right they will buy. Down they'll help you buy down
your interest rate to make the house more.

Speaker 6 (01:40:44):
Affordable and like you're not running into like there's certain
times in the market when it's a seller's market, jam
you're you're running into speculative speculative sellers, meaning oh my,
god IF i could get this number for, It i'm
throwing it up, there like you, know who. CARES i
don't really want to, sell BUT i think we're in
a mode now where people who are selling why they
want to, Sell they want to, sell and so there's

(01:41:05):
there's some motivation there.

Speaker 7 (01:41:06):
Too and here's here's some other important. Things is that
you're right about sellers offering discounts to the buyers to
get the, household which is really. Important but we're in
this phase right. Now this is Why i'm talking about it,
today is that we're in this phase right now where
if you haven't owned a home for three, years right

(01:41:28):
primary residence for three, years you can get either ten
thousand from the state right. NOW i just talked To
barbara last night And i'm going to be getting her.
Over did you talk to?

Speaker 6 (01:41:37):
Barbieos i'm my, Mom.

Speaker 7 (01:41:38):
Barbara, okay, well you're gonna be talking to A barbara
c next. Week you're going to send her over to,
you all. Right but she's looking to buy a, home
and we were going over all the, things AND i,
said if you're going to do, this now is the.
Time we can definitely get you ten thousand from the
state Of. Florida and if if you can hold, off
because she has a lease ending. SOON i, go if
you could hold, off we can get you into The

(01:42:01):
Hometown heroes program later this summer and you can make
you know you based on her price. POINT i was,
like you might end up getting like fifteen or eighteen
thousand from the state Of florida with that, program right
based on her price. Point SO i was, like you,
know if you're going to do, that you've got to
get prepared now to get ready to buy In july Or. August,

(01:42:22):
right you got to start. Now we got to get
you lined up With. Mike we got to get you
on the. APP i got to get you set up
on the. Searches you got to start understanding the market
that you're in and see the properties that are selling
and not selling on that. List and then probably in
about three or four weeks from, now we go out
house shopping and all of our closing dates are going

(01:42:44):
to be After july. First is that way we can
get the money from the hometown? Here, no, no.

Speaker 6 (01:42:48):
No until you're like in the market as a, buyer
you don't know how long it's going to take you
to find the right. House and one of the good
things about the amount of inventories that you actually can
be a little bit more, selective like you don't have
to jump on that first, one but like when the
right one pops its head, up you want to be
able to jump on. It so by it's never too
early to have that pre approval conversation just to make

(01:43:13):
sure that you don't have any stuff and you know
exactly what your limits are and you kind of are
set up with the tools so that you can airlize
numbers and do all of. That with the down payment assistance,
programs if cash is the biggest, barrier we're coming to
a point where between potential seller credits as part of
your negotiations and also down payment. Assistance like cash is

(01:43:34):
always a, challenge like having enough money takes a lot
of money to buy a home with down payment closing,
costs but we're coming to that scenario where you can
get that cash from elsewhere other than your, wallet right
like your bank. Account And Hometown heroes is one of
the best ones out there because it's the amount that
you can. Get it scales with the purchase, price but

(01:43:54):
you can get anywhere from ten thousand to thirty five
thousand dollars with that. Program but those funds are going
to go, quickly so you can't wait until Mid July
jim and, say, hey NOW i want to talk To.
Mike let me get. PREAPPROVED i Want Hometown. Heroes like
you really need to be prepared and shopping and maybe

(01:44:15):
even in contract Before july first so that you don't
miss out on those funds because they're gonna go.

Speaker 5 (01:44:22):
Quick.

Speaker 6 (01:44:22):
Guys it's like a matter of two months and those
funds will be and will be.

Speaker 7 (01:44:25):
Gone and we know this Because mike AND i have
been doing this for several years. Now we've gone through
this program this cycle like three.

Speaker 6 (01:44:33):
YEARS i, think, yeah this will be the third year
That Hometown heroes was. Opened every all first time home
buyers who live and work In.

Speaker 3 (01:44:41):
Florida, now there's no negative just signing, up getting in
line and not using it right.

Speaker 6 (01:44:48):
Right there's no, reservation doesn't cost you, anything, like there's
absolutely zero.

Speaker 3 (01:44:52):
Like, That, hey you didn't use, it so you know
next year if you're going, Right so if you're even
if you're, like, well, wow this sounds, good you still
should get With mike and get that. Going even if
that property doesn't become a reality for you in the,
timeline even if the funds get used, up.

Speaker 4 (01:45:10):
Which leads me to the second.

Speaker 3 (01:45:11):
Question if you're, reserved how long do they hold those
funds in reservation for?

Speaker 6 (01:45:16):
You so number, one you can't reserve your funds until
you have an executed. Contract so being in contract is
a prerequisite for even reserving your. Funds and then they
want you closed basically within sixty, days so they say
forty five, days so you, know our standard thirty forty
five day contract is perfectly.

Speaker 7 (01:45:36):
Suitable and if.

Speaker 6 (01:45:37):
The hackstick, stand it's not.

Speaker 3 (01:45:38):
You you gotta get in, line and then you have
to have that executed.

Speaker 6 (01:45:43):
Contract you're not even in line until you have the executed.

Speaker 3 (01:45:45):
Contract, okay so no point in getting in line as
that kind of presented.

Speaker 6 (01:45:51):
It, yeah this is not really even a. Line just
you AND i have an understanding that you're getting into
a contract knowing THAT x amount of dollars are require.
Fired where's that money gonna come? From and if we're relying, on,
say you, know eighteen thousand dollars from down payment, assistance
we need to make sure that we are in a
contract with when the funds become available so that we

(01:46:14):
can actually get in line at that and at that,
point it's not even a, Line. Johnny it's like you're, reserved,
right so you if funds are, available you reserve the.
Funds those funds are reserved for you until that contract
either closes or if it. Cancels then the funds will
go back into the. Pool so there's not even a
line of queue like the line would. Be once the
funds are, exhausted they go through these cycles of you,

(01:46:37):
know loans that didn't. Close those funds will get back
into the, pool and we'll have these you, know every other,
uh every Other, tuesday every Other, monday after the funds
are like, exhausted and they're, like, okay we've got WHAT
i don't know what they're calling, it like you, know
repuolled funds or something like. That that one is almost
like a line because you got to get in quick

(01:46:58):
on That, monday you, know That monday morning at ten.
O'clock you got to be pushing the button so that
you got to get in, there someone like, you someone
like me with the.

Speaker 4 (01:47:05):
Cycles back there.

Speaker 3 (01:47:06):
Too all, Right, well you made that really clear for
me AND i had obviously really POOR i understand you're
thinking like concert, tickets like get in, line you, know the, Right,
yeah those things you, know, Right, yeah, yeah.

Speaker 6 (01:47:19):
More important stuff real.

Speaker 7 (01:47:21):
Estate. Right so it's so there's a lot of opportunities
for buyers right now that we really haven't had. Before
so everybody that's been complaining for so long that you,
know it's just been miserable for buyers and blah blah.
Blah now it's not so you can't say that. Anymore
you're you're basing on what used to be and not

(01:47:41):
what is. Today you, know there is a guy Named
Barney well.

Speaker 3 (01:47:43):
And what used to be and probably should have never.
Been you're basing it on some real like. Nonsense. That,
yeah people's focus on on interest rates is really the.
Thing wipe away the three percent interest rates from your.

Speaker 7 (01:47:56):
Memory months out of our whole. Life we had it
for eighteen.

Speaker 6 (01:47:59):
Months there's many people who have those rates right. Now
you you're one of, them, Right like you're close to
that of.

Speaker 2 (01:48:05):
Four.

Speaker 5 (01:48:05):
Yeah you people see people walking down the street and you're, like,
dude that guy's just stuck in the. Nineties i'm stuck
to that eighteen. Months, yeah that you should.

Speaker 6 (01:48:15):
Walk around with the shirt that says three percent over,
it like start a.

Speaker 7 (01:48:19):
Club, yeah So.

Speaker 5 (01:48:22):
Johnny can't join the he can't be a member of
the one percent and the three.

Speaker 4 (01:48:26):
Percenters, oh ACTUALLY i am a one PERCENT i know you. Are,
yeah well you want you want to you want. Perspective
listen to.

Speaker 3 (01:48:33):
This so we have an idea in this country of
what percent one percent. Means right in this, country one
percent is like this beatest, Aspect this blew me. AWAY
i consume this like a week. Ago if you make
thirty four thousand dollars a, year you are one percent
of the.

Speaker 4 (01:48:50):
World so zoom out a little bit.

Speaker 3 (01:48:52):
From our little three hundred and sixty, Million zoom out
to the seven or nine billion whatever is on the.
Planet if you make thirty four thousand dollars a, year
you are one percent of the. Planet how quickly it
changes when you get onto our little plot of land, Though,
yeah but.

Speaker 6 (01:49:09):
It also changes like at the any go to any local,
level who are the one percenters in that local?

Speaker 5 (01:49:15):
Level?

Speaker 6 (01:49:15):
True, right and so they're making some percentage compared to their. Neighbors, yeah,
True but perspective is.

Speaker 3 (01:49:21):
Everything just remember you're one percent if you make thirty
four thousands almost maybe next, year, yexty my tips are coming, up.

Speaker 7 (01:49:29):
Right so the other the other thing that's good for the,
sellers and this is for the. Buyers and this is
the ONE i want to ask, You, Mike AND i
always get confused about this with The Hometown heroes or
That Florida bond, program that's WHAT i call. It, okay,
okay the two. Programs can you get money from the
seller and get the program money at the same, time

(01:49:51):
or you blocked either you get seller, discounts but you
can't get The Hometown euros.

Speaker 5 (01:49:57):
Program you can get.

Speaker 7 (01:49:58):
Both you can get.

Speaker 6 (01:49:58):
Both, yeah so and the. Like the tricky part is
the loan programs will have. It like when you talk
about the down, payment the buyer or buyer side of
the transaction has to come in with the down. Payment
so if you're DOING fha three and a half percent,
down you got to come in with the three and
a half. Percent the seller cannot contribute to. That the
seller can contribute to your closing, costs like anything on

(01:50:21):
top of that downpayment. Requirement The Hometown heroes or any
of THE dpa programs count as buyer, funds so that
ten thousand or whatever it is contributes towards your three
and a half percent what's called a minimum required. Investment
but as long as the. Seller sometimes you can only
the seller can't pay any portion of your down payment,

(01:50:42):
requirement so sometimes the sellers will need to give too,
much like on a, roof for, example total closing costs
might be something, LIKE i don't, know twelve thousand dollars,
Right IF i get a twenty thousand dollars, CREDIT i
really can't use all of that twenty thousand unless it
get creative with how to structure that. Money so you
need to be a little bit careful about getting too
much of the.

Speaker 7 (01:51:02):
Salary but you're allowed to get money from.

Speaker 5 (01:51:04):
Both you can.

Speaker 6 (01:51:05):
Use you can apply both For.

Speaker 7 (01:51:07):
Yes SO i had somebody who was looking at. Something
they're not serious buyer, yet so that's WHY i haven't
gone to you. Yet but they had a unit for
four point. Fifty they were planning on using the bond
program if they were going to do, it, yeah and
then they Were the seller was offering another ten, thousand
so they were gonna get twenty. Thousand they only needed

(01:51:27):
like twenty eight thousand to buy the. Unit according to your.
APP i tol you app from somebody. Else, yep that's,
Fine AND i think it was only like eight thousand
dollars to move into the house for the.

Speaker 6 (01:51:37):
Person so that's what, Like so the cash, thing with
the downpay on assistance and with the market where it's
at where you can kind of get things out of the,
cellar the cash conundrum is partially solved with that. Potentially
so you, know it's just it's hard to save up
the thousands and, thousands, right especially for first time home.
Buyers so these things are really really beneficial and can

(01:52:00):
be the last thing that you need that gets you
into your.

Speaker 4 (01:52:03):
House oh.

Speaker 3 (01:52:03):
Totally if you're renting a place for thirty three hundred
bucks a, month you can afford a mortgage and oh, yeah.
Sure the problem is is you're probably not able to
stack thousands of dollars. Exactly you're saving it. Exactly, yeah
you can afford your monthly. Nut we just can't get
you the money needed for the closing and right. Payment
take advantage of the opportunities out. There take advantage always sounds.
Negative it is not a. Negative this is you being

(01:52:26):
given an, opportunity an advantage to your.

Speaker 6 (01:52:30):
Turtle it's the turtle on your, doorstep.

Speaker 3 (01:52:33):
Totally that, is it's it's Bricking morris pooping on the
hood of your.

Speaker 6 (01:52:37):
Car, JIM i got a couple of rhyming for.

Speaker 7 (01:52:40):
You, oh for for buyer. Engage really it's.

Speaker 6 (01:52:42):
Hard. Uh there's words like trader T, R a d E.
R there's a, negotiator there's no purchaser later there, later investor.

Speaker 7 (01:52:59):
Allocate, hey it's great to be A florida. Purchaser it's
great to.

Speaker 5 (01:53:05):
Be A florida real.

Speaker 6 (01:53:07):
Estate, YEAH i purchase her now or purchase her?

Speaker 5 (01:53:11):
Later, Right.

Speaker 7 (01:53:15):
So, well thanks, guys and thanks everybody for being on
the show this, week And, johnny thank you so, much
and everybody being.

Speaker 3 (01:53:23):
Here, oh, absolutely it's always a. Pleasure we appreciate all
the expertise and the insight and uh and Hopefully mercury's
retrograde doesn't continue to give.

Speaker 7 (01:53:33):
You i'm crawling in, bed just heaps with the computer
with the pillow over my, head and the flight gets over.
Me i'm just going.

Speaker 4 (01:53:39):
Home how much longer do you have to deal with?

Speaker 7 (01:53:41):
This april?

Speaker 5 (01:53:42):
Seven, Okay april, seven right around the corner here.

Speaker 7 (01:53:45):
Before, yeah we, yeah another week to.

Speaker 4 (01:53:48):
Go that's not. Terrible, yeah just f. Y I i'm
not gonna be able to show it Next. Saturday oh,
OKAY i wanted to remember You, okay remember right.

Speaker 6 (01:53:57):
Now so because because because of retrograd because, There, yeah
we just lost our.

Speaker 7 (01:54:06):
Audience, johnny thank, you.

Speaker 4 (01:54:07):
There's people right. Now thank.

Speaker 3 (01:54:09):
You i'm so glad that guy's on on the radio
six days a.

Speaker 4 (01:54:14):
WEEK i just got to deal with them for a
couple of. HOURS i doubt that don't.

Speaker 5 (01:54:19):
Miss, people Miss. Johnny, yeah, yeah many.

Speaker 7 (01:54:24):
Don't can't be locked by. Everybody that's WHY i say
on this radio.

Speaker 3 (01:54:28):
SHOW i never even tried to be, like, yeah there's
no sense in that.

Speaker 7 (01:54:32):
NONSENSE i just keep thinking of that guy With natalie
at the. Time he said that and he couldn't understand
what she, said and he wanted to put a screwdriver
in his. Eye, well, yeah you don't remember?

Speaker 4 (01:54:42):
That was that a?

Speaker 7 (01:54:43):
Caller, No so somebody sent an email After nally was
on the. Show they, like.

Speaker 4 (01:54:48):
He said her voice made him want to punch a
sleeping baby in the.

Speaker 7 (01:54:50):
Face, yeah he said wanted to put a screwdriver in the.
Eye but WHAT i did WAS i, said don't do,
that send, me send me your. Address i'll send you
a bigger screw.

Speaker 5 (01:54:59):
Driver, Hell.

Speaker 4 (01:55:02):
Mike, row the mortgage guy from the mortgage, room have
a great.

Speaker 6 (01:55:04):
Weekend booms comonets With Brian wynter Shares Je Know beach
have a great weekend as.

Speaker 5 (01:55:09):
Well thank.

Speaker 3 (01:55:10):
You And JIMMY d with The Florida Home pros Team
kellor of his. INNOVATIONS i hope you have a phenomenal.
Weekend enjoy crawling another.

Speaker 4 (01:55:16):
Conress thank good luck the stream yard. Stuff.

Speaker 3 (01:55:19):
Yeah thanks And jimithy my brother from another, mother the
producer extraordinatory that you.

Speaker 4 (01:55:23):
ARE i hope you have a fantastic weekend by you
was All.

Speaker 2 (01:55:26):
Johnny, gentlemen have a great. Weekend take.

Speaker 3 (01:55:27):
Care thank you for being with. Us always Remember Florida
talk Real estate dot. Com that is your one stop
real estate. Shop know, it use, it love, it share.
It you never know when somebody in your sphere may
be looking to buy a, home sell a.

Speaker 4 (01:55:41):
Home they're stuck with their, home they don't know what to.
Do give them the pros pros At florida.

Speaker 3 (01:55:44):
Talkre estate dot. Com Florida talk Real estate Dot com
on my way out Go gators have a good week