Maximum Success, Incorporated;

DBA Planet Earth Realty

Ulrich Leinhase, Florida Licensed Real Estate Broker


Whether you are a first time homebuyer or a seasoned veteran Planet Earth Realty has the resources you need to buy your home in Jacksonville or anywhere in northeast Florida. We'll search through bank and HUD repos, short sales as well as all the traditional sources. We will help you find just the right home, negotiate the very best price and coordinate everything for a smooth closing. It pays to have us in your corner.

Planet Earth Realty can provide the information you will need to purchase any property at no cost to you – typically the commission is paid by the seller. Even if you’re looking at buying a new home from a builder, our experienced associates can help you. This is what we do for our customers:

  • Help you through the mortgage application process. For buyers with less than perfect credit, there are many "non-traditional" programs like seller financing, rent to own, non-conforming loans, no down payment, etc. that we can help you with
  • Help you put together a purchase and sale agreement which protects both you and the seller
  • Help you obtain title insurance, appraisal, home and termite inspections, survey, home warranty, and other services you may need
  • Attend the closing with you

Planet Earth Realty works with lenders that specialize in first time home buyers, FHA and VA loans, down payment assistance, bond money, creative financing, and Lease Option transactions.

Call us today to sell your house the Planet Earth Realty way at 904.891.8589
Ulrich Leinhase, Florida Licensed Real Estate Broker.

How Much Do I Qualify For?

When buying a home, it’s important to determine how much you can afford before beginning your search. Most lenders allocate approximately 28% of your gross monthly income to housing expense (housing expense ratio). Housing expenses include monthly principal, interest, taxes and insurance (PITI). To get an idea of how much you can afford to pay each month for a home, multiply your gross monthly income by 28%.

Lenders also review your total obligation ratio. By adding the payments of all your current outstanding debts, including PITI that amount should not exceed 36% of your gross monthly income. Some lenders may have slightly more liberal requirements or loan interest rates which may increase your purchasing power.

Mortgage interest, property taxes, and loan fees or "points" are currently tax deductible (up to allowable limits). Points are generally deductible in the year they are paid. One point equals 1% of the mortgage amount. If you are in the 28% tax bracket, this is equivalent to receiving a 28% discount on your mortgage interest and property taxes. During the first years of the mortgage your tax savings are especially high because most of your monthly payment goes toward loan interest.

Your first step is pre-approval by a mortgage lender. Sellers listing with Planet Earth Realty require buyers to be pre-approved for the listed price or more before they show their property.

Home Inspections

It's important to hire a knowledgeable home inspector for advice on the overall condition of the property. The purchase contract usually requires specific time periods for each inspection, and it’s critical that these time frames be met. Usually the cost for any and all inspections and re-inspections are paid by the buyer. Prices can range from $350 to $500 for whole-house inspections. Some examples of common inspections are:

  • Structural defects caused by poor construction, soil movement, water or drainage conditions, settlement, fire, etc.
  • Environmental hazards including asbestos, lead-based paint, radon gas or any other toxic material
  • Roof inspections include framing members, decking and shingle condition
  • Electrical, Mechanical and Plumbing inspections include, built-in appliances, heating and cooling system, swimming pool/spa, sprinkler system and security system
  • WDO inspection would show any visible infestation or visible damage caused by wood destroying organism (termites, water damage, and wood rot). This report is required by your mortgage lender.

Planet Earth Realty can provide you a list of several home inspection companies to choose from.

Call us today to sell your house the Planet Earth Realty way at 904.891.8589
Ulrich Leinhase, Florida Licensed Real Estate Broker.