Nine Line Realty

Name: Nine Line Realty
Address: 7058 Water Mill Street, Palmetto, FL, 34221, US
Telephone: +14079246353

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United States
Palmetto, FL
Nine Line Realty

We're Florida's most trusted real estate agent. We specialize in making every client's transaction as smooth and easy as possible.

We're attentive, passionate, and dedicated to helping find the home of your dreams. Call us today to find out more!

05/01/2024

Carmello and Noelle were thrilled to represent the Sellers in selling this unique property of three lots in the southern tip of St Pete.

Congrats Eddie and Betty!

04/09/2024

So happy for our Buyers to have found their new home in Bella Lago!

Way to help them find the Perfect Fit for Timing, Price, and Floor Plan, Shaun!

We love DR Horton!

11/17/2023

In the current Florida real estate market, a mortgage rate buy down often presents more advantages than a seller's purchase price reduction. For example, if a seller reduces the price by $10,000 on a $500,000 property, the mortgage amount only slightly decreases. With the current 30-year mortgage rate at 7.78% in Florida, this results in a modest monthly saving. Conversely, using that $10,000 for a rate buy down might reduce the interest rate significantly. For instance, reducing the rate to around 7.28% would lower the monthly payment more substantially. Over the loan's lifespan, the total interest savings with a rate buy down are much greater, making it a more financially prudent choice in a market emphasizing long-term savings.

Using the current mortgage rates in Florida as an example, let’s expand on why a mortgage rate buy down might be a better option than a purchase price reduction. As of November 16, 2023, the interest rate for a 30-year fixed mortgage in Florida is 7.78% .

1. Purchase Price Reduction: Consider a $500,000 property with a seller concession of $10,000. The loan amount would be $490,000. At a 7.78% interest rate for 30 years, the monthly payment would be approximately $3,471. A $10,000 reduction in purchase price reduces the monthly payment by only about $70, leading to a total savings of approximately $25,200 over the life of the loan.
2. Mortgage Rate Buy Down: If the same $10,000 is used to buy down the interest rate, let’s assume it reduces the rate to 7.28%. On a $500,000 loan for 30 years, this would result in a monthly payment of about $3,408. This is a monthly saving of approximately $133 compared to the original rate of 7.78%, amounting to a total saving of over $47,880 over the life of the loan.

The mortgage rate buy down, in this case, offers significantly more savings in the long term, both in terms of monthly payments and total interest paid over the life of the loan. This makes it a more financially beneficial option in a high-interest market like Florida’s current one.

DM US FOR A CONSULT ABOUT THIS AND TO GET PREPARED FOR YOUR FIRST OR NEXT REAL ESTATE PURCHASE.

10/15/2023

🏠 New Construction vs. Resale: A Homebuyer's Dilemma 🏚️
Struggling to decide between a new construction home and a resale property? Swipe through this carousel to make an informed decision!
✅ First Slide: Introduces the topic - What's best for you?
✅ Middle Slides: Discuss crucial factors like Purchase Price, Mortgage Payments, Down Payment, and Interest Rates.
✅ Final Slide: Provides our contact info for any further questions you may have.

🔑 Key Points:
1️⃣ New Constructions usually offer modern amenities, low maintenance, and often come with builder warranties.
2️⃣ Resale homes generally have a unique character and are located in established neighborhoods but may require more maintenance.

🤔 Investment Potential:
Whether you are buying for yourself or as an investment, the choice between new construction and resale can significantly impact your future finances.

📊 Long-Term Costs:
Always consider long-term costs like maintenance, repairs, and possible renovations when buying a resale home.

📩 Contact Us:
Ready to make a move? Contact us at [email protected] or visit our website at ninelinerealty.com.
👉 Follow us at .realty for more tips and property listings.

09/25/2023

Post Inspection Lunch with Nine Line Agents Ted Simon and Tracy Giamarino. I love building a strong team!

09/18/2023

Are you ready for an exciting opportunity to win a $25 Amazon Gift Card? We've got something special for everyone, and we can't wait to share it with you! Read the entire post to discover how to enter and win. 🛍️

How to Enter:

1. Follow Us: Make sure you're following .realty to qualify.

2. Tag 3 Friends: Tag three friends who would love to win this fantastic prize, and who may be looking to purchase or sell a home(help them out)!

3. Like this Post: Give us a double-tap to show your excitement!

4. Comment: Leave a comment on this post using to officially enter.

🚨 Important Message: Make Sure to Read the Entire Post! 🚨

But wait, there's more! If you're a homebuyer or seller in , , or , you could qualify for a home warranty AND $1,000 credit when buying or selling a home through Nine Line Realty! Interested in real estate in these areas? Add the respective hashtags to your comment or visit our website and sign up for more details.

Drawing Date: September 23, 2023.

Stay tuned for updates and the winner announcement on our Instagram page!

This is your chance to make your homeownership or selling journey even more rewarding. Don't miss out on this great opportunity and enter today!

Thank you for being a part of the community! 🏠🤞

06/29/2023

A Nine Line Office Meeting and Training Session- complete with our mascot, Sammi.

It was so great to all be in one room working together.

Carmello - Our Amazing Broker- based in St. Pete, Florida

Lisa with Sammie- Our Director of Property Management - based in Naples, Florida

Noelle- Managing Agent - based in Lakewood Ranch, Florida

Give us a call! We make buying, selling and property management easy for you!

Cheers!
Carmello Pronesti
407-924-6353

Noelle LaLiberty
941-233-0338

www.NineLineRealty.com

06/25/2023

5321 Halewood Court, Bradenton, FL 34211 | Open today from 12-3pm | 4 bedrooms, 2.5 bath, 2,045 sf. | $548k

THIS IS THE BEST DEAL IN SOLERA! This home is Better than NEW with NO WAIT, YOU KNOW WHAT YOU ARE BUYING, & has TONS of UPGRADES! Fresh,

Modern, Bright, and Popular LANTANA STYLE Ranch has a beautiful Pond view and is located on a Quiet cul-de-sac. NO construction headaches! And QUICK MOVE-IN POSSIBLE!

This home is in PRISTINE Condition with so many extras! Located in Solera- one of the lowest HOA's in all of LWR (less than $125/mo). So much curb appeal- this home has the greenest grass on the street! THIS ONE IS A STUNNER!!!

Stop by today or call Noelle for a private showing! At this price, it won't last long.

Noelle LaLiberty
941-233-0338

Carmello Pronesti
(407) 924-6353

Nine Line Realty

06/19/2023

Another property Under Contract! New Construction has been HOT this past month, with three new properties coming Under Contract.

Why? Because builders are offering a low 5.5% interest on many of their homes that are further along. That is enticing to buyers.

There are certainly Pros & Cons to new construction.

PROS-
- It’s brand new and you get warranties for the first year.
- Sometimes you get to pick your colors and customize the home.
- You get to be the first to live in the home.
- You are moving into a new community that isn’t established, so you can build the kind of community you want.
- 5.5% interest plus often 10k in builder incentives that can be used at closing.
- Building your home has a certain level of excitement!

CONS:
-You don’t know EXACTLY what you will get.
- No extras like window treatments, light fixtures, screened lanais, or closet systems.
- Construction Headaches and living in a Construction Zone
- Not a definite close date, just an approximate.

The great news is there is lots to chose from with both New Construction and Resale! Reach out to find your Florida home!

Carmello Pronesti 407-924-6353

Noelle LaLiberty
941-233-0338

06/16/2023

Congratulations Ryan and Caitlin! We are thrilled to help your family find your new home! Cheers!!!

06/10/2023

OPEN HOUSE Sunday from 3:30-5:30 pm & PRICE IMPROVEMENT | 5818 Oak Mill Terrace, Palmetto | 4 bedroom, 2.5 Bath, 2,470 sq.ft. | Light and Bright, Lots of Upgrades, Primary Bedroom with Huge Bath, Upgraded Closet, and Sitting Room that could be an Office!

***Back On Market, Buyer Financing fell Apart***

Welcome to this stunning 4-bedroom, 2.5-bathroom home located in the gated community of Old Mill Preserve.

Light, Bright, and Beautiful! Open and Functional First Floor! Four Bedrooms Up!

This home has been upgraded with a new AC unit with a 10-year warranty, surge protector, and new flooring upstairs and stairwell.

Screened Lanai, New Fenced-in Backyard and Upgraded Garage Lighting complete this beautiful property.

Hurricane shutters provide maximum protection during a hurricane.

The property backs up to a wooded preserve, offering privacy and tranquility.

Walk to Virgil Mills Elementary and Buffalo Creek Middle School.

With low HOA and no CDD, this home is a must-see!

Don't miss out on the chance to preview this gorgeous home tomorrow!

Or for a private showing call Noelle!

Nine Line Realty

Noelle LaLiberty 941-233-0338

Carmello Pronesti
407-924-6353

05/17/2023

One of the very first steps when looking to buy a home is figuring out the finance piece.

Talking to a trusted advisor will give you clarity on how much home can you afford and provide you with a letter that will accompany any offers. Here is info on the difference between Pre-Qualified and Pre-Approved.

Pre-Qualified home loan refers to the initial step in the mortgage process where a lender evaluates a borrower's financial information to determine the amount they may be eligible to borrow. This evaluation is based on the borrower's income, credit score, and debt-to-income ratio. Prequalification does not involve a thorough analysis of the borrower's credit report or verification of their financial information.

On the other hand, a Pre-Approved home loan is a more rigorous process where a lender verifies the borrower's financial information, including their credit report, income, and employment history. This process involves a hard credit check and a more detailed analysis of the borrower's financial situation. Pre-approval provides a more accurate estimate of the amount a borrower can borrow and gives them a better idea of their budget when shopping for a home.

I can put you in touch with a great resource to start the process. And then we can find that house you are dreaming of!

Reach out!

Nine Line Realty

Address

7058 Water Mill Street
Palmetto, FL
34221

Telephone

+14079246353

Website

https://ninelinerealty.com/

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