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Demand, low interest rates, cash spark home sales in Lake County, FL


Part of the “craziness” is the way people are buying homes.
“Right now, we’re seeing a lot of cash offers,” said Carey Baker, the county’s property appraiser.
Some of the movement comes from people who have sold their homes up north, so they are flush with cash.
In May, 28% of closed sales were in cash, according to Florida Realtors in their Lake County statistics.
Last May, 72 people paid cash for a home. This year, it was 184 a 155.6% increase.
“Cash is always king,” Hampton said,
But it s putting the squeeze on some buyers.
“I had one buyer who was interested in seven different houses before finally getting a contract on the eighth by paying $45,000 above the asking price,” Hampton said. ....

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Start preparing for hurricanes now, so you're not caught out later


The first and probably most important item is cutting trees, bushes, and limbs away from your home, especially around the roof area. Most of the damage from hurricanes in Central Florida comes from dead limbs falling on homes or those limbs leaning on roofs.  A limb close to or setting on a roof during a hurricane can be like industrial sandpaper that scrapes shingles and felt off your roof. Plus, flying limbs can easily pierce roofing and decking, allowing water infiltration. 
Next, inspect your gutters to ensure they are clean and functioning. If gutters are clogged, the water backup on your roof can cause real damage. Plus, a gutter connected to a failed French drain system can backup water into a home. Be sure to also look at the end of downspouts to ensure proper materials are in place to limit erosion. ....

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