Perdido Key AL real estate and Perdido Key FL real estate and homes for sale in Florida, Gulf front properties, beach condos - Peter C. King, REALTOR® Peter C. King REALTOR(r) for Perdido Key AL and Perdido Key FL, Florida real estate, Gulf front properties, beach condos - NUMBER1EXPERT™ Peter C. King NUMBER1EXPERT(tm) for Perdido Key AL and Perdido Key FL, Florida real estate, Gulf front properties, beach condos
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Peter C. King, REALTORŪ, real estate agent and broker for Perdido Key AL and Perdido Key FL Florida home listings, property and land for sale - NUMBER1EXPERT(tm)
All sales people are NOT alike! My method is to educate and inform.Please give me the opportunity to serve you with integrity, trust and knowledge.


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I add my newest condos, homes, properties and other real estate listings to this web site first. It can be some time before they appear in the MLS.
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Invaluable market analysis
Pete's always objective analysis has been invaluable especially during the turbulent last 3 years.
Jeanne Bell- Perdido Key owner
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First Time Buyer/Investors: Perdido Key AL and Perdido Key FL Florida home buying, real estate listings, and homes for sale in Escambia County, FL
Welcome > For Buyers > First Time Buyer/Investor ...


Buying Your First Condo, Second Home or Investing in Real Estate for the First Time? REALTORSŪ Are Your Professional Guides. Make Sure You Choose a Top Expert. 

You might be a bit apprehensive or intimidated by the whole process of buying your "investment" property. As a top Perdido Key real estate expert, it's my job to guide you, from beginning to end. 

I will take the time to go through each and every step of the process. There are many questions you will need answered! There are many questions you will not have thought to ask! My expertise will help you consider all sides of the transaction so you are informed and comfortable with your decisions. 

Together, we will consider: 

-Is this strictly an investment or for your personal use? 

- How much can you really afford?  

- How to qualify for a mortgage as an owner or as an investor. 

- How much cash you should put down. What is the cash flow, before taxes and after taxes? What can a letter of credit do for you? 

- How to buy a property with little or nothing down? Can an investment property be financed that way? What does that mean to the monthly financial obligations? 

- What it takes to get approved for financing as an owner or as an investor? What banks and other financial institutions are looking for. What is "private money" or "portfolio financing"? 

- How much will your payments will be. Does that include condo fees? What is an assessment? 

- The tax advantages of buying. What is depreciated over 27.5 years, what about over 7 years? 

Tell me a bit about your situation below. I'll get right back to you. There is absolutely no charge, and I offer this to you with no strings attached. 

New to the buying process? Tell me your concerns. Ask me questions. It's my job to help! There's no obligation, and I promise to get back to you quickly... 

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Real Estate Tips
Tax Considerations >Tax Deductions

Here is a question which is often asked about real estate sales: which home loan fees are deductible for income tax purposes? It is good to know the answer to this question before you sign on the dotted line. It may influence which loan you will choose. Loan fees for certain services are not itemized on your fee statement, but are grouped together into a single category.

The most obvious deductible fee is the loan fee paid to acquire a mortgage for a principal residence. The IRS recently ruled that the buyer could deduct the fee in the first year, even if the seller paid it! Other deductions include pro-rated property taxes and mortgage interest. On these items, the buyer may only deduct their share.

Most of the other closing costs are not deductible, but you may add them to your home's adjusted cost basis when calculating appreciation. Among these costs are appraisal, attorney, and inspection fees, as well as title, recording and notary fees. Fire insurance fees are neither deductible nor do they figure into the cost basis. If you are not sure which fees are deductible, consult a professional tax advisor.

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Real Estate Trivia
Q 
What famous writer's home is Rowan Oak?

A 
Rowan Oak in Oxford, Mississippi, was the home of William Faulkner from 1930 until his death in 1962.
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Peter C. King, REALTORŪ, real estate agent and broker for Perdido Key AL and Perdido Key FL Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Peter C. King
ResortQuest Real Estate of Florida, Inc.

dba ResortQuest Real Estate
14620 Perdido Key Dr Sales Office
Pensacola, FL. 32507
Cell: 850-261-3938
Office: 850-492-4773
Fax: 850-492-5881
Mississippi Contact-Beth : 1-228-861-7635
Email: pking@resortquest.com

I am a U.S. Naval Academy graduate and former Naval Aviator back in familiar territory at Perdido Key. We live just outside of the home of Naval Aviation, Pensacola FL. After a career flying Navy aircraft and commercial aircraft, for Delta Air Lines, all over the world, I have embarked on a new career. There is not a more beautiful or interesting place to live in paradise than Perdido Key. Let me show you the area I call home with its beautiful beaches, unrivaled boating and water sports, and the down home atmosphere not found in any other coastal community.

Equal HousingMLSREALTOR


Abbott Realty Services Inc. real estate and homes for sale in Perdido Key AL and Perdido Key FL Florida

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