Florida real estate agent Dan Sperber has put a premium on transparency, and he is willing to share with you his findings.
He has found three Florida homes that are worth the price of a typical mortgage on a house in the region.
Sperberg says they are “quite spectacular” and he expects to be “overjoyed” when he reviews his property this month.
He did say that he has “no plans” to buy one, but he’s happy to share his findings with you if you’re interested.
Spermberg told FOX Sports he has seen “overwhelmingly” positive reactions from Florida homeowners to his website and his home-buying recommendations.
SPerber’s site offers real estate listings, which include price, location, and description.
But he also offers a comprehensive list of mortgage-related insurance requirements and other considerations.
If you want to save money, Sperb is open to buying any house in Florida with a mortgage in excess of $250,000.
And while he says he doesn’t have any immediate plans to buy a home, he does see Florida as a home to consider if you want an opportunity to build equity.
“There are a lot of people who are in this market right now,” Sperbers told FOXSports.
“If you want a home in Florida, you can do a lot better than the median.
You can do it with a $1 million mortgage.”
Sperbar’s listing for a $5 million home in Jacksonville, Florida, offers a nice mix of amenities and proximity to Jacksonville.
But there is one big drawback: the house is priced at $250 per month.
For more information on mortgage insurance, see Mortgage Insurance FAQs.
SPERBER SAYS: “If I were to buy into this market, I’d say it’s worth it.
I would buy a house that I would be willing to pay a significant amount of money to put into that home.”
The average home in the area is $1.7 million, according to Sperbert, and some are in the $1 to $2 million range.
But it’s not just homes with large mortgage payments that are popular.
“The majority of people in Florida would agree that their primary home is their primary residence,” Spermber told FOXsports.
“So if you can’t buy a second home, it’s probably the best thing you can be doing.”