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About Steven Purcell
We are focused on providing you with the best results and service in the industry. We listen carefully to understand your real estate goals and work hard to create solutions that make sense for you. Whether you are new to the market or an experienced investor, we have the expertise, proven track record, and resources to help you achieve your real estate goals.
As is often said, real estate is about location, location, location. We have extensive knowledge of the MARCO ISLAND, FL area and can help you find the right home for you or the right buyer for your home.
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Real Estate Glossary Terms
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Housing Starts
A measure of actual starts of houses, condominiums, and apartment construction. When an economy is going to take a downturn, the housing sector is the first to decline. The strength in housing starts means not only that the housing industry is healthy, but suggests strength in the overall economy. H ...
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Interest-Only Mortgage (Option)
An option attached to a mortgage, which allows the borrower to pay only the interest for some period. A mortgage is 'interest only' if the monthly mortgage payment does not include any repayment of principal. So long as the payment remains interest only, the loan balance remains unchanged. Interest- ...
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Currency Risk
Situation where the United States dollar rises in value in comparison with other foreign currencies resulting in the decrease in the value of the foreign securities. This is due to the fact that the principal and income payments on the foreign securities are based on that particular foreign currency ...
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Dismemberment Insurance
Same as term Accidental Death and Dismemberment Insurance: form of accident insurance that indemnifies or pays a stated benefit to insured or his/her beneficiary in the event of bodily injury or death due to accidental means (other than natural causes). For example, an insured's arm is severed in an ...
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Loss Prevention And Reduction
Risk management control procedure that emphasizes safety management. Its purpose is to reduce the frequency and severity of potential losses. Business firms apply this procedure by posting safety signs, holding safety meetings, and providing cash awards for employees with the best safety records. ...
Real Estate Advice
Agent Advice
Most Profitable Real Estate Niches For Agents
Given the opportunity, most real estate agents, and certainly all the hungriest ones, will work with you to buy or sell any property. A real estate agent who is best known for selling single-family homes is not likely to turn down a commercial listing, especially when they are just starting their real estate career. Real estate can feel like a big ocean ...
Agent Advice
Best Real Estate Companies For New Agents
If you are just getting started on your journey as a real estate agent, you probably have plenty of motivation and excitement for this new beginning. Going through those licensing courses and studying for your licensing exam finally paid off and you feel accomplished. There is a long journey ahead of you and the first years as a real estate agent are certainly not the ...
Homebuyer Tips
Most Promising Real Estate Markets In The U.S.
While 2020 has been a challenging year for many of us and the global economy in general, it was a pretty intriguing period for the real estate industry in the United States. The pandemic and all the myriad changes which were brought along with it, such as working remotely, continue to reshape the landscape of real estate investing. While many people are selling their ...
Agent Advice
How To Become A Better Real Estate Professional
If you’re in the real estate game, you know that staying at 100% is crucial if you want to achieve success. If you slack off for as much as a minute, you might lose your edge and fall behind the rest of the pack. It’s not enough to stay stationary; you’ve got to constantly be moving forward with every aspect of your career. For newer real estate ...
Homebuyer Tips
Choosing a new city to call home is a challenging task. You’ve got to consider a myriad of factors such as public safety, cost of living and job availability. You have to ask yourself whether or not the attractions available in the area are suitable for your tastes, and whether or not the climate suits your preferences. All these factors are important and need ...
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