The Importance of a Comprehensive Rider to the Residential Contract For Sale

Homeowner and Flood Insurance Contingency

A comprehensive rider to the Residential Contract for Sale and Purchase is an additional document that is attached to the standard residential contract used in real estate transactions. This rider typically contains additional terms and conditions that are specific to the particular property or transaction and are not covered in the standard contract. 

The purpose of a comprehensive rider in the Residential Contract for Sale and Purchase is to provide additional protections and details that are not covered in the standard contract, and to address any unique or unusual circumstances related to the property or the transaction.  

Residential Contract for Sale

Some common topics that may be covered in a comprehensive rider in a Residential Contract for Sale and Purchase include: 

  • Financing contingencies and requirements 
  • Home inspection requirements and timeframes 
  • Property condition and disclosures 
  • Repair and improvement agreements 
  • Homeowner association (HOA) regulations and requirements 
  • Appraisal contingencies and requirements 
  • Special provisions related to closing costs or other fees 
  • Homeowner and Flood Insurance 

There are several reasons why homeowner and flood insurance can be expensive in Pensacola, Florida

High Risk of Floods: Pensacola is in a coastal area, and the region is prone to hurricanes and flooding. According to the Federal Emergency Management Agency (FEMA), Pensacola has a high risk of flooding, which makes flood insurance more expensive. 

High Property Values: Property values in Pensacola can be higher than in other parts of the country, which can increase the cost of homeowner insurance. Insurance companies need to charge higher premiums to cover the cost of repairing or replacing these properties in the event of damage or loss. 

High Wind Risk: Pensacola is also at risk of wind damage due to hurricanes and tropical storms, which can increase the cost of homeowner insurance. The cost of repairing or replacing a home damaged by high winds can be expensive. 

Limited Competition: Insurance companies may be hesitant to offer coverage in areas that are at high risk for natural disasters, which can limit competition and increase the cost of insurance. 

State Insurance Regulations: Florida has strict insurance regulations that can increase the cost of insurance. For example, insurers are required to offer certain types of coverage, such as sinkhole insurance, which can be costly. 

Residential Contract for Sale

How Does the Comprehensive Rider in the Residential Contract for Sale and Purchase for Homeowner’s & Flood Insurance Work?

The comprehensive rider is typically negotiated and agreed upon by both parties, and then attached to the standard contract as an addendum. It is important to carefully review and understand the terms of the rider before signing the contract, as it may contain important details or obligations that are not covered in the standard contract. You will want to make sure you correctly understand the deadlines in the addendum.  

The Homeowner’s Flood insurance addendum is so important because if you as a buyer cannot obtain a policy at an annual premium you can afford, you are able to terminate the contract and have your deposit refunded.  

A great local resource is Josh Kissel, at Southern Insurance Services, who can easily answer your insurance questions. Give him a call at 850-207-5120 or email him at [email protected]. 

At Pointe South Rentals and Real Estate, our mission is to be the ultimate resource for all your real estate needs. Whether you’re looking to buy, sell, or rent a property in the beautiful Pensacola area, we are dedicated to providing exceptional service and helping you navigate the real estate market with ease. With our team of experienced professionals, extensive knowledge of the local market, and a commitment to client satisfaction, we strive to exceed your expectations.

We understand that buying or renting a property is a significant decision, and we are here to guide you every step of the way, offering personalized attention and expert advice. Trust Pointe South Rentals and Real Estate to be your trusted partner in achieving your real estate goals.

Call us at 850.492.1148 or email us at [email protected]

Discover Pointe South’s Pensacola Events Calendar For March!

Fun Events and festivals that take place in Pensacola, Florida, in March!

Here are some of the top events to consider from Pointe South’s Pensacola events calendar for March:

McGuire’s St. Patrick’s Day Run (held on March 11th): This annual 5K run/walk starts and ends at McGuire’s Irish Pub in downtown Pensacola, and participants are encouraged to wear green and embrace the Irish spirit.

Palafox Market (every Saturday in March): This open-air farmers market features locally grown produce, handcrafted goods, live music, and more.

Bands on the Beach (every Tuesday in March): This free concert series takes place at Gulf side Pavilion on Pensacola Beach and features live music from local and regional bands.

These events and festivals offer an excellent opportunity to experience Pensacola, Florida’s culture, food, and music in March.

See the Pensacola Events Calendar for March below!

Links from the Pensacola Events Calendar for March are below for more informatio

3/4/23 4-10pm O’Riley’s Irish Pub Grog  

3/4/23 8am-7pm March Madness by Beaches

3/4/23 9am-1pm Sun Belt Basketball Championships Fan Fest

3/4/23 1-3pm Bully Dog Day here at Coastal County Brewing Company!

3/4/23 5pm-2am Night on the Tracks

3/11/23 9-10am McGuire’s St. Patrick’s Day Run

3/11/23 7:05-10:05pm Pensacola Ice Flyers vs. Knoxville Ice Bears

3/17/23 – 4/2/23 The Addams Family

3/17/23 starts at 10am O’Riley’s Irish Pub Downtown St. Patrick’s Day Celebration

3/17/23 4-10pm Kites on the Coast

3/17/23 5-9pm Gallery Night Pensacola – Celebrate the Written Word

3/18/23 2-6pm The Coastal County Weird Beer Fest

3/18/23 starts at 7:30am  Flora-Bama Annual Beach Run/Walk

3/19/23 10am to 6pm The Wharf Boat & Yacht Show

3/25/23 11am to 6pm Pensacola VegFest 2023

3/25/23 starts at 8pm Thin Ice LIVE at Bamboo Willie’s

3/27/23 10am Perdido Key Chamber High Heel Classic Women’s Golf Scramble

Call us at 850.492.1148 or email us at [email protected]

Spring Cleaning – Out With The Old

8 Charities That Offer FREE Donation Pick-Up!

It is Time For Spring Cleaning!

Spring cleaning – that annual tradition of throwing open the windows, letting in some fresh air, and realizing how much clutter has accumulated in your home over the past year. But who says spring cleaning must be a boring, tedious chore?

First, start your Spring cleaning by taking plenty of breaks, checking Facebook, eating snacks, and ensuring you’re up to date on all the new Hulu Documentaries!

Next, we must start the actual cleaning process! Spring cleaning can feel daunting, especially if you have a lot of clutter to tackle. However, you can conquer the mess with courage and motivation and make your space feel fresh and new. We all love a freshly cleaned home! Here are some tips to help you get the courage for spring cleaning:

Steps For Spring Cleaning and Preparing Items For Donation

·        Don’t try to tackle your entire home in one day. Instead, break your cleaning tasks into smaller, more manageable ones, and start with one area at a time. Try to stay in that area until the room is finished. Floating around organizing different areas may overwhelm you and create a bigger mess. 

·        Decide what you want to accomplish with your spring cleaning by setting a goal. Whether it’s to declutter your closet, deep clean your kitchen, or organize your paperwork, having a specific goal in mind can help motivate you to get started. Also, make sure that it is a realistic goal. 

·        Cleaning is always more fun when you have someone to help you. So, enlist a friend or family member to join you, or make it
a family event and assign tasks to each household member. 

·        Turn on some music, set a timer, or make a game out of your cleaning tasks to make it feel less like a chore and more fun.

·        Imagine how great your space will look and feel once your spring cleaning is complete. Use this visualization as motivation to keep going, even when feeling discouraged.

·        Remember that your spring cleaning will result in a cleaner, more organized home that feels fresh and new. Keeping this in mind
gives you the courage to tackle the task.

Charities That Will Pick Up For Free

Now that your spring cleaning of your home is complete, you most likely have items to donate! Below is a list of local companies who will come to your home for a free donation pick-up! If you are a renter or a homeowner getting ready to move, the below list is beneficial!

Waterfront Rescue Mission – The Waterfront Rescue Mission accepts a variety of items, including clothing, furniture, household items, and electronics. In addition, they offer free pick-up services for large items, such as furniture, appliances, and vehicles. To schedule a pick-up, you can call 850-469-1029.

ReStore Pensacola Habitat for Humanity – The Habitat for Humanity ReStore accepts donations of furniture, appliances, building materials, and more. In addition, they offer free pick-up services for large donations. You can schedule a pick-up by calling 850-476-0001 or filling out a form on their website.

Teen Challenge Super Thrift – The Teen Challenge Super Thrift offers free pick-up services for oversized items like furniture and appliances. To schedule a pick-up, you can call 850-433-4429.

Pensacola Habitat for Humanity – The Pensacola Habitat for Humanity accepts donations of new and gently used building materials, furniture, appliances, and other household items. You can schedule a free pick-up by calling 850-476-0001.

AMVETS of Florida – AMVETS accepts donations of clothing, household items, and small appliances. They offer free pick-up services for large donations. You can schedule a pick-up by calling 850-453-1776 or filling out a form on their website.

Salvation Army – The Salvation Army provides free pick-up for donations, including furniture, clothing, and household items. You can schedule a pick-up by calling 850-432-1579 or filling out a form on their website.

St. Vincent DePaul – St. Vincent DePaul offers free donation pick-up services for more oversized items, such as furniture and appliances. To schedule a pick-up, you can call 850-471-2446.

Goodwill – Goodwill offers free pick-up services for large donations, including furniture, appliances, and clothing. You can schedule a pick-up by calling 850-435-7149 or filling out a form on their website.

Other Companies that will pick up items for a fee:

1. Something Old Salvage (SOS)- Hauling Service, Junk Removal Company – 850-758-9900

2. Pensacola Junk Removal Guyz- Garbage Collection Service – 850-749-2993

3. Lug Way Junk Removal- Junk Removal and Hauling – 850-542-918

4. Southern Scrap & Waste Hauling- Scrap & Garbage Hauling Services – 850-438-3197

5. JDog Junk Removal & Hauling- Garbage Collection Services – 850-930-1101  

6. The Redemption Store – 850-497-6880

7. SuperThrift Pensacola – 850-466-3375

8. Island Thrift (Orange Beach, AL – 251-981-9989

METAL & ELECTRONICS RECYCLING COMPANY:

1. Coastal E-Cycle- Recycling Company (Mostly metal and electronics but call to find out!) –   850-776-9223

In conclusion, Spring cleaning is a great time to evaluate what you no longer need or use and to declutter your home. By donating your items, you can not only declutter your home but also positively impact the lives of others who live along the gulf coast.

Contact us today if you are thinking about listing your home or getting ready for a new place to live! We are always happy to help!

Call us at 850.492.1148 or email us at [email protected]

 

 

 

 

Should You Rent or Buy? 12 Pros & Cons to Make an Informative Decision on Housing!

Deciding whether to rent or buy a home is a personal decision that depends on many factors, including your financial situation, lifestyle, and long-term goals. Here are some matters to consider when making the decision to rent or buy:

Pros of Renting in Pensacola, Florida:

  • Flexibility: Renting allows you to move quickly to a new location without the burden of selling a home. Renting can be especially beneficial if you are unsure where to live long-term or anticipate needing to relocate for work or other reasons.
  • Lower upfront costs: Renting generally requires a smaller upfront financial commitment than buying a home. You will typically need to pay a security deposit and the first month’s rent rather than a down payment and closing costs.
  • Fewer maintenance responsibilities: As a renter, you are not responsible for maintaining the property or paying for repairs (excluding damages or repairs not reported). Not being responsible for maintenance can be a significant advantage if you do not have the time, skills, or financial resources to take on these tasks.

Pros of Buying in Pensacola, Florida:

  • Building equity: When you buy a home, you build equity in an asset you own. Home equity can be an excellent way to save for the future, especially if the home’s value appreciates over time.
  • Potential tax benefits: Homeowners may be able to deduct mortgage interest and property taxes on their tax returns, which can save them money.
  • Personalization: When you own a home, you can make changes and improvements as you see fit. Making these changes can be a great way to personalize your living space and create a home that truly reflects your style and needs.

Cons of Renting in Pensacola, Florida:

  • Limited control: As a renter, you are subject to the rules and regulations set forth by your landlord, and you may not have the freedom to make changes to the property.
  • Not building equity: When you rent, you are paying someone else’s mortgage and not building equity in your own home.
  • Potentially higher costs in the long run: While renting may have lower upfront costs, it can be more expensive in the long run compared to buying a home. Rent tends to increase over time, while a mortgage payment remains fixed (assuming you have a fixed-rate mortgage).

Cons of Buying in Pensacola, Florida:

  • Higher upfront costs: Buying a home requires a significant financial investment, including a down payment, closing costs, and other fees. These costs can be a significant barrier for some people, especially if they do not have a lot of savings or a high income.
  • Maintenance responsibilities: As a homeowner, you are responsible for maintaining and repairing the property, which can lead to unexpected expenses.
  • Illiquidity: It can take time and effort to sell a home, and there is no guarantee that you will be able to sell it for the price you want. Which makes it difficult to access the equity you have built up in the property, especially in a down market.

Ultimately, deciding to rent or buy a home depends on your circumstances and priorities. If you are unsure which option is best for you, please speak with a financial advisor or us, your real estate professional, to get more information and guidance. In addition, Nerdwallet has a Rent VS. Buy calculator to help you calculate the financial costs.

At Pointe South Rentals and Real Estate, our mission is to be the ultimate resource for all your real estate needs. Whether you’re looking to buy or rent a property in the beautiful Pensacola area, we are dedicated to providing exceptional service and helping you navigate the real estate market with ease. With our team of experienced professionals, extensive knowledge of the local market, and a commitment to client satisfaction, we strive to exceed your expectations.

We understand that buying or renting a property is a significant decision, and we are here to guide you every step of the way, offering personalized attention and expert advice. Trust Pointe South Rentals and Real Estate to be your trusted partner in achieving your real estate goals.

Call us at 850.492.1148 or email us at [email protected]

10 Helpful Packing Tips For Moving To The Gulf Coast!

Helpful Packing Tips For Moving To The Gulf Coast!

Some people become stressed when planning a move. But, whether you or selling or buying, you will have to pack it all up. I actually love packing and moving! So, I will give you some great helpful tips for moving across the country or the town.

Tip #1 Start the Purge

I mean it; go through every drawer and every cabinet. You will want to purge items before the move, not after. Recycle or donate anything you no longer need or use. You can post items for sale or free on the Facebook Market Page. The earlier you start this, the better! Starting early will reduce stress and ensure that you have everything organized that you are planning on taking with you! I recommend watching Marie Kondo. She motivates me to declutter and keep belongings “that speak to your heart!”

Tip #2 Rent a Storage Unit

If you can and time allows, rent a storage unit. Packing away items you will keep but do not readily need is very helpful. You can slowly move items daily, so the boxes are out of the way. This is also a useful tip for preparing your home for picture day!

Tip #3 Materials You Should Use

I love the boxes you can buy at Home Depot. They are good quality boxes and are suitable sizes. I try to get boxes that match in size, so it is easier to stack and keep organized. I recommend buying bins like these to pack holiday décor or items you will store in the garage. Clearly label each box with its contents and the room it belongs. This will make unpacking and organizing your belongings easier once you reach your new home. Use packing materials such as bubble wrap, foam, and newspaper to protect fragile items. Stretch wrap also saves your furniture from being scratched up.

Tip #4 Preparing Your Electronics

Take photographs of your electronics and appliances before disconnecting them to aid in the reassembly process. This also comes in handy when purchasing your new homeowner’s insurance. I would also label remotes.

Tips #5 Moving Equipment

If you are moving on your own, I recommend renting, borrowing, or buying moving dollies (at least one) and making sure your moving truck has a ramp.

Tip #6 Storing Clothes, Pillows, and Blankets

Vacuum seal your clothes, blankets, and pillows. This helps reduce taking up space and keeps these items clean. You can also use pillows, blankets, and stuffed animals in boxes with breakables and picture frames.

Tip #7 Changing Your Address and Subscriptions

Notify utility companies and other important contacts of your move in advance. You can submit your forwarding address by clicking here. Update the address on your driver’s license and vehicle registration. During my last move, I forgot to cancel my auto-subscriptions from Amazon. So, do not forget about any orders that are auto shipped to you.

Tip #8 Gift for the New Homeowner or Renter

I always try to leave a little gift for the new homeowner or renter. It can be something small like a bag of coffee, wrapped toilet paper with a new bar of soap, or new toothbrushes with new toothpaste. Moving can be stressful, and seeing a little welcome gift can go a long way. After all, you are handing off keys to new people who will be making memories in the home.

Tip #9 Your To Do List

Create an excel spreadsheet “to do” list with all the above steps. I like using excel because it makes me feel organized and gives me a sense of achievement when I mark something as complete. In addition, you can quickly delete items.

Tip #10 Have FUN!!!

Remember to have FUN! Moving into a new home is an exciting change and a fantastic opportunity to start a new chapter in your life! Remember, we are here to help! Call or email us, as we are happy to help in any way we can. 850. 492.1148 [email protected]

Discover The Best Mardi Gras Parades On The Gulf Coast!

The History of Mardi Gras in Pensacola, Florida

Mardi Gras is a festive season celebrated by many people! It is also known as Fat Tuesday and is typically celebrated on the day before Ash Wednesday. Mardi Gras is known for its colorful parades, elaborate costumes, music, dancing, and feasting. The festival is celebrated in many countries worldwide, but is especially famous in New Orleans, Mobile, and here in Pensacola, Florida! It has been a tradition for over 100 years. The festival is a time of indulgence and enjoyment!

Mardi Gras parades are a central part of the celebration and are usually held in the weeks leading up to Fat Tuesday. The parades feature colorful floats, costumed revelers, live music, and dancing and are often organized by krewes, social clubs that are a central part of Mardi Gras celebrations. In addition, participants in the parades usually throw beads, trinkets, and other small items to the crowds lining the streets.

Krewes play an essential role in supporting and promoting the cultural and historical traditions of Mardi Gras, and they are a significant part of the fabric of the festival. Mardi Gras parades are a source of pride and tradition for many communities and are a highlight of the festival for everyone. The schedule and route of Mardi Gras parades vary and are listed below (click on each link). Make sure to attend as the Mardi Gras celebrations in Pensacola attract thousands of visitors each year and are considered to be some of the best in the United States!

Click On Each Link For Locations of the Parade!

February 9th starting at 6:30 p.m. – Mobile Mardi Gras Parade (order of Polka Dots)

February 11th starting at 2p.m. – Kids and Kritters Pensacola Beach

February 10th starting at 6:30p.m. –  Mobile Mardi Gras Parade (Order of Inca)

February 11th starting at 1p.m. – Navarre Beach Mardi Gras Parade

February 17th starting at 7:30 p.m. – Krewe of Lafitte Illuminated Mardi Gras Parade

February 18th 1-6p.m. –  Mardi Gras at Bodacious (you can watch the parade from their balcony)

February 18th starting at 11a.m. – Foley Mardi Gras Parade

February 18th  2-3p.m. – Krewe of Mullet Mates Mardi Gras Parade in Fairhope

February 18th  2-6p.m. – HarborWalk Village Mardi Gras Parade in Destin

February 18th  starting at 2p.m. – The Pensacola Grand Mardi Gras Parade

February 18th  starting at 6pm – Mystics of Time Downtown Mobile

February 19th  starting at 2p.m. – Krewe of Wrecks Parade

February 21st starting at 2p.m. – Orange Beach Mardi Gras Parade

February 21st  2-10p.m. 790’s Mardi Gras Celebration

February 21st starting at 10a.m. – LuLu’s Fat Tuesday Mardi Gras Celebration and Mardi Gras Boat Parade

February 21st 5-11:30p.m. – Fat Tuesday Celebration Seville Quarter in Pensacola

February 26th 1:30-5:00p.m. Krewe of Lafitte Illuminated Mardi Gras Parade

Do not forget to post your pictures of the parades! We are so excited to see you all have fun!

At Pointe South Rentals and Real Estate, our mission is to be the ultimate resource for all your real estate needs. Whether you’re looking to buy, sell, or rent a property in the beautiful Pensacola area, we are dedicated to providing exceptional service and helping you navigate the real estate market with ease. With our team of experienced professionals, extensive knowledge of the local market, and a commitment to client satisfaction, we strive to exceed your expectations.

We understand that buying or renting a property is a significant decision, and we are here to guide you every step of the way, offering personalized attention and expert advice. Trust Pointe South Rentals and Real Estate to be your trusted partner in achieving your real estate goals.

If you happen to be driving by on your way to something fun, don’t forget to stop by our Pointe South office for a list of available properties or to just say “hello!” We are always here to help!

 Call or email us today to begin your search!

Call us today at 850.492.1148 or email us at [email protected]

The Top Activities for Valentine’s Day That You Will Love!

History of Valentine’s Day

Valentine’s Day is celebrated on February 14th, honoring Saint Valentine and celebrating love and affection. 

Saint Valentine was a Christian martyr living in the 3rd century Roman Empire. He is the patron saint of lovers and is associated with celebrating Valentine’s Day. The details of his life and the reasons for his martyrdom have yet to be well known and are subject to different interpretations and legends. One legend was said to have healed the jailer’s daughter of blindness and left her a letter signed “from your Valentine.” Hence the Valentine’s Day Card

Europeans began exchanging written declarations of love and affection on February 14th. The practice was popularized in England and France, and by the 17th century, handwritten cards became more decorative, with lace, ribbons, and other decorations added. The first mass-produced Valentine’s Day cards were produced in the early 19th century. The trend continued to grow, with the introduction of new printing techniques allowing for more elaborate designs. Today, Valentine’s Day cards remain a popular way to express love and affection, with millions of cards exchanged each year.

Pointe South Valentine’s Day Recommends

Another way to celebrate Valentine’s Day is to go out to eat! The Pointe South Team recommends the following:

Best Valentine’s Day Beaches Along the Gulf Coast

Another way to celebrate Valentine’s Day on the Gulf Coast is to visit one of our famous beaches! We have so many beaches you can visit for a romantic, calm night! Johnson Beach is in Perdido Key and has lovely walking trails and a fantastic shoreline! Navarre is AMAZING, and walking the Pier is very relaxing and romantic. Of course, you can always explore by renting a glow paddle boat at night. One of our very own real estate agents is a Captain! If you want to schedule a dive off one of our shores, click here! 

Pensacola Lighthouse and Maritime Museum

Visiting our lighthouse is another romantic activity to do. The Pensacola Lighthouse and Maritime Museum is located at the Naval Air Station. The museum is the perfect place to walk and learn about the history of our area. 

Valentine’s Day Dinner Mystery Night

A unique way to spend Valentine’s Day is by going to a dinner mystery night. The Cellar – Speakeasy in Niceville, Fl, is hosting a “Dinner to Die For!”

Not Interested in Valentine’s Day

If you are not interested in Valentine’s Day but still want to do something fun? Check out Grizzly Axes! They are hosting an anti-Valentines Axe Throwing Party! They will have coaches, so first-time throwers are welcome! The party includes a gift at the door, 2.5-hour axe-throwing, and Pizza!

Such fun activities to do along the Gulf Coast! Let us know what you think and what activities you have planned!

At Pointe South Rentals and Real Estate, our mission is to be the ultimate resource for all your real estate needs. Whether you’re looking to buy, sell, or rent a property in the beautiful Pensacola area, we are dedicated to providing exceptional service and helping you navigate the real estate market with ease. With our team of experienced professionals, extensive knowledge of the local market, and a commitment to client satisfaction, we strive to exceed your expectations.

We understand that buying or renting a property is a significant decision, and we are here to guide you every step of the way, offering personalized attention and expert advice. Trust Pointe South Rentals and Real Estate to be your trusted partner in achieving your real estate goals.

If you happen to be driving by on your way to something fun, don’t forget to stop by our Pointe South office for a list of available properties or to just say “hello!” We are always here to help! Call or email us today to begin your search!

850.492.1148 or email us at [email protected]