Picking an Orlando real estate agent is a big decision. Buying a home isn't something most people do on a regular basis and rarely do they know agents personally or have one on retainer like they may have a lawyer for regular business purposes.
If your job doesn't entail a lot of property transactions you might feel like a fish out of water when looking around for a Orlando real estate agent. Fortunately, deciding on the right one isn't as hard as you might think.
Real Estate Agents Are People Too
That's right, they have the same qualities you would think of in any other individual you might do business with. So, finding an agent really comes down to measuring many of the same values you'd use to choose another business associate.
• Honesty
• Reputation
• Track Record
• Associations
Here are two tips to help you determine which real estate agent is right for you:
• Ask the agents you're considering for a list of past clients. Contact those past clients to find out what they thought of the agents and if they'd use them again.
• Interview the real estate agents. Ask them how long they've been in the Orlando real estate business, how many homes they've sold in the past year, how they can help you find a home.
If you're looking for an Orlando real estate agent, we would be honored if you'd give us the opportunity to interview for the job. Contact us now at 407-876-5771.
Thursday, December 3, 2009
Orlando Homes for Sale: 2010 Market Forecasts
Those with Orlando homes for sale are buckling down for the long haul, but exactly how long will that be? I spent a little bit of time roaming the Internet to get the general “feel” from people on the housing market. It turns out that the answer all depends on who you ask…
Housing Predictor
Housing Predictor.com says, yes, the housing market appears to be making a rebound. However, that rebound, says economist, John Hines, is a false front. The government is pushing the rise in sales to make the housing markets look good and increase buyer confidence. Will the market ever get back on track? According to Hines, if Congress can get the lending pipeline going again, we might finally see a bottom around the third quarter of next year.
The Ledger
According to an article at The Ledger, Stephen Blank of the Urban Land Institute isn’t at all optimistic. Blank says there’s no quick fix, and that 2010 will be sobering. While the housing market is being helped by various factors, the foreclosure rate probably isn’t going to drop and lenders aren’t lending. Blank worries that financing may be lacking, even for those wanting to buy. He doesn’t see the market doing much for another year.
CBS Money Watch
The best article I’ve come across so far, however, was written back in June at CBS MoneyWatch. The article says give the market at least seven years to recover. The author doesn’t just quote doom and gloom, however. She has some great points for people with Orlando homes for sale. I highly recommend the read, but here is the quote that stuck firmly in my mind:
“If you are a seller, get realistic about what you can get for your house. With so little upside in the foreseeable future, you may be better off to sell, even at a loss, since you can probably get back into a similar house at a lower price and very low interest rates.”
It’s a buyer’s market; the supply of empty homes is much higher than the demand for them. If you have one of the Orlando homes for sale and it’s not selling, you may need to change your mindset a little. In this buyer’s market, sellers may just have to bite the bullet.
Ready to buy or sell? We can help. Give us a call today at 407-876-5771.
Housing Predictor
Housing Predictor.com says, yes, the housing market appears to be making a rebound. However, that rebound, says economist, John Hines, is a false front. The government is pushing the rise in sales to make the housing markets look good and increase buyer confidence. Will the market ever get back on track? According to Hines, if Congress can get the lending pipeline going again, we might finally see a bottom around the third quarter of next year.
The Ledger
According to an article at The Ledger, Stephen Blank of the Urban Land Institute isn’t at all optimistic. Blank says there’s no quick fix, and that 2010 will be sobering. While the housing market is being helped by various factors, the foreclosure rate probably isn’t going to drop and lenders aren’t lending. Blank worries that financing may be lacking, even for those wanting to buy. He doesn’t see the market doing much for another year.
CBS Money Watch
The best article I’ve come across so far, however, was written back in June at CBS MoneyWatch. The article says give the market at least seven years to recover. The author doesn’t just quote doom and gloom, however. She has some great points for people with Orlando homes for sale. I highly recommend the read, but here is the quote that stuck firmly in my mind:
“If you are a seller, get realistic about what you can get for your house. With so little upside in the foreseeable future, you may be better off to sell, even at a loss, since you can probably get back into a similar house at a lower price and very low interest rates.”
It’s a buyer’s market; the supply of empty homes is much higher than the demand for them. If you have one of the Orlando homes for sale and it’s not selling, you may need to change your mindset a little. In this buyer’s market, sellers may just have to bite the bullet.
Ready to buy or sell? We can help. Give us a call today at 407-876-5771.
4 New Year's Resolutions for Orlando Homes for Sale
New Years is just around the corner, and for many with Orlando homes for sale, it’s the perfect time to make some resolutions. Let’s be expansive, though, shall we? Don’t say, “I will sell my house by April.” We can be more specific than that. Here’s a short list of resolutions that might help you take that home off the sales shelf:
1. Resolve to look over the competition. Not just one or two of the Orlando homes for sale, but ten or eleven. Look at them with the buyer’s mindset. What selling points do they have? What negative points do they have? Your goal should be to outshine the competition. You can’t do that if you don’t know what the competition is.
2. Resolve to do a little home improvement. These don’t have to be big projects. Your project could be as simple as adding a few bushes for better curb appeal. You don’t have to spend a lot of money or a huge amount of time for the home improvement to count. What you do have to do, however, is make the improvement count. In other words, don’t forget to walk buyers past whatever you’ve decided to do, or tell your real estate agent about it.
3. Resolve to check with your agent about the state of your home. Not when they think it will sell, but what you can do to up the value. Remember, “value” is a relative term. Upping the value for buyers may be as simple as cutting $5,000 off your price.
4. Resolve to be calm if a buyer suggests a lower price than you want. Consider the options fully – don’t just snap his or her nose off. Can you afford to let the house go at the offered price? If you can and still want to say no, think about it… how long did it take to get this potential buyer? Can you afford to wait longer?
If you have one of the Orlando homes for sale, keep in mind that it’s just one of the homes for sale. You have an amazing amount of competition; not just here, but around the nation. Take a chance to do something a little different. Your New Years may turn out to be even happier than you expected!
If you’re looking for unique ways to sell your home, we can help. Call us at 407-876-5771 for more information.
1. Resolve to look over the competition. Not just one or two of the Orlando homes for sale, but ten or eleven. Look at them with the buyer’s mindset. What selling points do they have? What negative points do they have? Your goal should be to outshine the competition. You can’t do that if you don’t know what the competition is.
2. Resolve to do a little home improvement. These don’t have to be big projects. Your project could be as simple as adding a few bushes for better curb appeal. You don’t have to spend a lot of money or a huge amount of time for the home improvement to count. What you do have to do, however, is make the improvement count. In other words, don’t forget to walk buyers past whatever you’ve decided to do, or tell your real estate agent about it.
3. Resolve to check with your agent about the state of your home. Not when they think it will sell, but what you can do to up the value. Remember, “value” is a relative term. Upping the value for buyers may be as simple as cutting $5,000 off your price.
4. Resolve to be calm if a buyer suggests a lower price than you want. Consider the options fully – don’t just snap his or her nose off. Can you afford to let the house go at the offered price? If you can and still want to say no, think about it… how long did it take to get this potential buyer? Can you afford to wait longer?
If you have one of the Orlando homes for sale, keep in mind that it’s just one of the homes for sale. You have an amazing amount of competition; not just here, but around the nation. Take a chance to do something a little different. Your New Years may turn out to be even happier than you expected!
If you’re looking for unique ways to sell your home, we can help. Call us at 407-876-5771 for more information.
Sunday, November 1, 2009
Orlando Home for Sale? 6 Tips for Selling Now
If your Orlando home for sale isn’t selling, you’re probably wondering if you’re missing something. Well, here’s a list of things you might not know that could make all the difference:
1. If the location of your Orlando home for sale isn’t great, the price and terms are the only thing that will sell it. Make them outstanding!
2. Attractive, competitive terms may help you get a higher price. For instance, if you’re allowing the option of owner financing, and also allow a smaller down payment (say, $20,000 - $30,000), you may be able to sell your house for a higher overall amount.
3. Because of the current high competition, your home has to be in the best condition at a competitive price. Check out the competition, accept that yours might need work, and get to it.
4. You can’t set a limit for home improvement. If your home needs something done to beat the competition and you can do it, do it! You aren’t just spending money; you’re investing in the sale of your home. Although you may not get all your money back, you just might get a quick sale at full value.
5. Staging – you’ve heard of it; tons of agents are talking about it. If you want to get your house sold, either invest in staging services or do your homework and stage the home yourself. It’s all about presentation.
6. Remember that you are no longer the host/hostess of the house. You are a business person, and your business is getting that house sold. Don’t let your emotions get in the way of a solid business deal.
Putting up your Orlando home for sale is a daunting prospect. If it’s been up for a while, it can be an exercise in frustration. However, keep the above points in mind, listen to the experts and put what you learn to work for you.
If you’d like to get your home sold, we can help. Call us at 407-876-5771 for more information.
1. If the location of your Orlando home for sale isn’t great, the price and terms are the only thing that will sell it. Make them outstanding!
2. Attractive, competitive terms may help you get a higher price. For instance, if you’re allowing the option of owner financing, and also allow a smaller down payment (say, $20,000 - $30,000), you may be able to sell your house for a higher overall amount.
3. Because of the current high competition, your home has to be in the best condition at a competitive price. Check out the competition, accept that yours might need work, and get to it.
4. You can’t set a limit for home improvement. If your home needs something done to beat the competition and you can do it, do it! You aren’t just spending money; you’re investing in the sale of your home. Although you may not get all your money back, you just might get a quick sale at full value.
5. Staging – you’ve heard of it; tons of agents are talking about it. If you want to get your house sold, either invest in staging services or do your homework and stage the home yourself. It’s all about presentation.
6. Remember that you are no longer the host/hostess of the house. You are a business person, and your business is getting that house sold. Don’t let your emotions get in the way of a solid business deal.
Putting up your Orlando home for sale is a daunting prospect. If it’s been up for a while, it can be an exercise in frustration. However, keep the above points in mind, listen to the experts and put what you learn to work for you.
If you’d like to get your home sold, we can help. Call us at 407-876-5771 for more information.
Owning Orlando Homes – Has the American Dream Died?
Some people who are supposedly “in the know” believe the American dream of owning a home has died. They spout “facts” that say home ownership – not just for Orlando homes, but also across the nation – is no longer on the minds of the majority of Americans.
Additionally, according to some of these individuals, suburban sprawl is the reason for:
• the housing bubble burst,
• the break down of social mores,
• global warming (due to commutes, of course)
• and more.
It’s amazing that the nation’s suburbs can cause so many problems, isn’t it?
Is the American dream of home ownership really dead? The number of people buying Orlando homes versus renting them points to a definitive… maybe. However, in newspapers and on the Internet, we’re seeing tons of “if you can’t sell your home, rent it out” information. We’re seeing potential homebuyers being told that renting may be the best option. Why?
The economy, of course. While there are plenty of want-to-be homeowners, those same people choose to rent rather than own for a wide variety of reasons. The main reason, however, is that they think it will be cheaper.
When you first think of buying a home, it sounds like an overwhelming prospect with lots of money involved. However, while the down payment is much more than it would be for a rental property, it’s time to really look at the cost. Instead of example numbers, let me point you to Money-Zine.com's Rent vs. Buy a Home calculator.
Now, before you start plugging in numbers, remember that the national average for a 30-year fixed rate mortgage is around 4.5% – 5%. The national averages for mortgage rates in general range from 3% to 5.5%. Of course, every situation is different, but think about it and really do your research before you decide whether to rent or buy one of our Orlando homes. Don’t just assume it’s better to rent; renting may not be the cheap option you think it is.
If you’d like to find your piece of the American dream, we can help. Call us at 407-876-5771 for more information.
Additionally, according to some of these individuals, suburban sprawl is the reason for:
• the housing bubble burst,
• the break down of social mores,
• global warming (due to commutes, of course)
• and more.
It’s amazing that the nation’s suburbs can cause so many problems, isn’t it?
Is the American dream of home ownership really dead? The number of people buying Orlando homes versus renting them points to a definitive… maybe. However, in newspapers and on the Internet, we’re seeing tons of “if you can’t sell your home, rent it out” information. We’re seeing potential homebuyers being told that renting may be the best option. Why?
The economy, of course. While there are plenty of want-to-be homeowners, those same people choose to rent rather than own for a wide variety of reasons. The main reason, however, is that they think it will be cheaper.
When you first think of buying a home, it sounds like an overwhelming prospect with lots of money involved. However, while the down payment is much more than it would be for a rental property, it’s time to really look at the cost. Instead of example numbers, let me point you to Money-Zine.com's Rent vs. Buy a Home calculator.
Now, before you start plugging in numbers, remember that the national average for a 30-year fixed rate mortgage is around 4.5% – 5%. The national averages for mortgage rates in general range from 3% to 5.5%. Of course, every situation is different, but think about it and really do your research before you decide whether to rent or buy one of our Orlando homes. Don’t just assume it’s better to rent; renting may not be the cheap option you think it is.
If you’d like to find your piece of the American dream, we can help. Call us at 407-876-5771 for more information.
Waiting for Prices to Plummet on Homes for Sale Orlando May Be a Mistake
If you’re looking at homes for sale in Orlando, want to buy a home and are waiting around for better prices, you might want to rethink your strategy.
If you’re a market watcher, soaking up the information overload across news media and Internet websites, you’re probably overwhelmed with confusion by now. Is the housing market getting better? Is it getting worse? Was there really, when it gets down to it, a housing bubble collapse? And, if so, who popped it?
First, the quick answers. Yes, the housing bubble collapsed, and everybody had a hand in popping it: the government, the lenders, the investors and the general public. Now the hard answers: it’s getting better – and worse.
The truth is that market predictors are all on the fence. With the ARRA (American Recovery and Reinvestment Act) giving first time homeowners some incentive to buy homes for sale in Orlando and elsewhere, there has been a steady increase of sales. However, once the tax credit deadline hits at the end of this month, the numbers are once again expected to drop.
Again, though, it’s better and worse. While the housing market is still dropping in some areas, such as the southeast in Mississippi, Alabama and so forth, there are definitely some strong markets in the country.
For instance, Boulder, Colorado holds 60% of the share of increasing home values. The average value is about $350,000, but there’s a limit in place on the amount of homes allowed in the area. In Binghamton, New York, the average value of a home is around $112,000. They also have a housing limit, which means a small supply, so prices probably aren’t going to plummet.
Just because this is a buyer’s market, doesn’t mean you’ll get the exact price you’re looking for. If you want to buy a home and you’re waiting around for the prices of homes to plummet into a “sweet deal,” make sure you don’t wait yourself into an expensive mistake.
Instead of checking market forecasts, potential homebuyers need to look at things the way we always should have. Do I want to buy a house? Can I afford one of the homes for sale in Orlando the way things are now? By researching, crunching numbers and answering the important questions, you’ll find the sweetest deal you could ever have: a wonderful house you can afford.
If you’re looking for a place to call your own, we can help. Call us at 407-876-5771 for more information.
If you’re a market watcher, soaking up the information overload across news media and Internet websites, you’re probably overwhelmed with confusion by now. Is the housing market getting better? Is it getting worse? Was there really, when it gets down to it, a housing bubble collapse? And, if so, who popped it?
First, the quick answers. Yes, the housing bubble collapsed, and everybody had a hand in popping it: the government, the lenders, the investors and the general public. Now the hard answers: it’s getting better – and worse.
The truth is that market predictors are all on the fence. With the ARRA (American Recovery and Reinvestment Act) giving first time homeowners some incentive to buy homes for sale in Orlando and elsewhere, there has been a steady increase of sales. However, once the tax credit deadline hits at the end of this month, the numbers are once again expected to drop.
Again, though, it’s better and worse. While the housing market is still dropping in some areas, such as the southeast in Mississippi, Alabama and so forth, there are definitely some strong markets in the country.
For instance, Boulder, Colorado holds 60% of the share of increasing home values. The average value is about $350,000, but there’s a limit in place on the amount of homes allowed in the area. In Binghamton, New York, the average value of a home is around $112,000. They also have a housing limit, which means a small supply, so prices probably aren’t going to plummet.
Just because this is a buyer’s market, doesn’t mean you’ll get the exact price you’re looking for. If you want to buy a home and you’re waiting around for the prices of homes to plummet into a “sweet deal,” make sure you don’t wait yourself into an expensive mistake.
Instead of checking market forecasts, potential homebuyers need to look at things the way we always should have. Do I want to buy a house? Can I afford one of the homes for sale in Orlando the way things are now? By researching, crunching numbers and answering the important questions, you’ll find the sweetest deal you could ever have: a wonderful house you can afford.
If you’re looking for a place to call your own, we can help. Call us at 407-876-5771 for more information.
Thursday, October 8, 2009
Orlando Real Estate Associates - A New Website of Interest
OrlandoRealEstateAssociates.com is a group of exceptional Orlando real estate agents who have developed an unique Home Selling System specializing in foreclosure homes and short sales. Contact us for all Orlando real estate services.
The Orlando Real Estate Associates and Home Selling Team covers the Orlando - Kissimmee metro areas. Orlando Central Florida Counties include: Orange County, Seminole County, Osceola County, Polk County and Lake County.
These Deals Won't last Forever!
In today's market, distress and foreclosure properties are the hottest ticket when it comes to purchasing real estate. Price reductions have created a true "buyer's market". This means that prices are lower than ever, and buyers can find fantastic deals that would not be available under regular circumstances!
It is crucial to have a solid understanding of how to purchase the right kind of distress property if you want to take advantage of the great deals out there.
So, let's get started. Whether you are a first time buyer who is new to the process, or a veteran investor who has been through it all before. These exclusive video reports on Foreclosures are sure to include something you were not aware of. And the best part: they're free.
Just click on any one of the video topics below to get started.
Orlando Real Estate Market - Lower Prices and Lower Inventory
Orlando First-time buyers continue to take advantage of attractive affordability.
Buyer traffic continued its momentum, as our traffic index came in at 61 in September, up from 58 in August (any reading above 50 indicates traffic levels above expectations). Agents highlighted increased demand from first-time homebuyers, encouraged by the upcoming expiration of the $8,000 first-time buyer tax credit. The uptick in traffic was focused on the low end, specifically foreclosures and short sales. According to one agent, “The market is heavily weighted to foreclosures, short sales and distressed sales. The activity is up, but values are lower.” Another added that, “First-time homebuyers are rushing to beat the tax credit deadline.” Agents also noted investor interest in the area, motivated by falling prices and increased foreclosure activity.
Still pricing pressure, but strong demand leads to lower inventory. Home prices fell further in September, as our price index fell to 23 in September from 36 in August (any reading below 50 indicates sequentially lower home prices). Increased foreclosure activity has put pressure on prices, though strong demand for the REOs has led to lower inventory levels more recently. Our home listings index improved to 75 in September from 72 in August (any reading above 50 indicates lower inventory levels). However, this drop in inventory may not last, as banks are facing a growing backlog of foreclosures and many modification efforts likely won’t be successful.
Comments from real estate agents:
■ “We have seen more and more interest in lower priced homes, especially from
those seeking investment opportunities.”
■ “The $8,000 tax credit pushed demand further than we anticipated.”
Source: October Credit Suisse Research
Friday, October 2, 2009
Explore the Benefits of Hiring a Full-Time Orlando Real Estate Agent
Buying or selling a home has a major impact on many people's lives. So it's important not to leave the task to just anyone.
Take advantage of all the benefits that come with working with a full-time Orlando real estate agent. Since selling or buying a home can be a full-time job, it just makes sense to work with an agent that has a full-time commitment.
A full-time real estate agent can offer:
Take advantage of all the benefits that come with working with a full-time Orlando real estate agent. Since selling or buying a home can be a full-time job, it just makes sense to work with an agent that has a full-time commitment.
A full-time real estate agent can offer:
- Lots of experience – If your agent lives and breathes real estate around the clock, then he or she is better equipped to handle the many surprises that come with buying or selling a home.
- Peace of mind – You could be a first-time home buyer or seller. A full-time Orlando real estate agent has the knowledge to lead you through every step, saving you time, money and stress.
- Availability – Since your agent works full time, she is available to you when you have questions, concerns or need her for any reason.
- In-depth market knowledge – The real estate market is changing faster than ever. In order to be a successful buyer or seller, you need to be kept up to date. A full-time real estate agent stays current with what's happening each and every day.
Whatever your home-buying or home-selling goals, it’s smart to have an experienced, full-time Orlando real estate agent working for you. You'll save yourself headaches, heartache and from making home buying mistakes.
Ready to work with a full-time real estate agent? Give us a call today at 407-876-5771.
The Laws are Changing for Orlando Real Estate
Not just Orlando real estate, either. Since the end of 2007, as the real estate market started to decline, new rules, regulations, mandates and more have come down the pipeline.
State Specific Laws
Take Michigan, for instance. Ranking sixth in the nation on the number of foreclosures, Michigan legislature enacted the “Lifeline Law.” This law gives an extra 90 days for homeowners to work with banks to come up with solutions other than foreclosure. California did the same, with the California Foreclosure Prevention Act. In New York, judicial hearings are mandatory for both borrowers and lenders before foreclosure can go through.
Nationwide Laws
Other laws have been enacted throughout the United States, such as Congress lowering homeowners’ tax deductions.
Before 2009, if you used your Orlando real estate as a primary residence for at least two years out of the last five, you could keep up to $500,000 (married couples - $250,000 if single) in real estate gains on your tax return. That exemption is now pro-rated to the time you spent in the house, which could be quite substantially less than what your tax exemption would have been last year.
As well, new appraisal rules went into effect May 1, and, although they aren’t government rules, they do affect Fannie Mae and Freddie Mac loans. With the Home Valuation Code of Conduct (HVCC) put into place, every lender that goes through Freddie or Fannie has to follow the HVCC to the letter. The HVCC stops mortgage brokers from having home appraisals done themselves. Instead, the home appraisals must be done by a third party appraisal management company in the same area as the home.
Laws that Affect You
Other laws have been put into place that may (or may not) effect the Orlando real estate you own or are looking to buy. However, with so many coming down the line, make sure that you ask your real estate agent what laws have been put into place that may affect your purchase, sales or ownership.
If you’re looking to buy or sell real estate and need a professional who keeps up to date on the real estate laws, we can help. Call us at 407-876-5571 for more information.
State Specific Laws
Take Michigan, for instance. Ranking sixth in the nation on the number of foreclosures, Michigan legislature enacted the “Lifeline Law.” This law gives an extra 90 days for homeowners to work with banks to come up with solutions other than foreclosure. California did the same, with the California Foreclosure Prevention Act. In New York, judicial hearings are mandatory for both borrowers and lenders before foreclosure can go through.
Nationwide Laws
Other laws have been enacted throughout the United States, such as Congress lowering homeowners’ tax deductions.
Before 2009, if you used your Orlando real estate as a primary residence for at least two years out of the last five, you could keep up to $500,000 (married couples - $250,000 if single) in real estate gains on your tax return. That exemption is now pro-rated to the time you spent in the house, which could be quite substantially less than what your tax exemption would have been last year.
As well, new appraisal rules went into effect May 1, and, although they aren’t government rules, they do affect Fannie Mae and Freddie Mac loans. With the Home Valuation Code of Conduct (HVCC) put into place, every lender that goes through Freddie or Fannie has to follow the HVCC to the letter. The HVCC stops mortgage brokers from having home appraisals done themselves. Instead, the home appraisals must be done by a third party appraisal management company in the same area as the home.
Laws that Affect You
Other laws have been put into place that may (or may not) effect the Orlando real estate you own or are looking to buy. However, with so many coming down the line, make sure that you ask your real estate agent what laws have been put into place that may affect your purchase, sales or ownership.
If you’re looking to buy or sell real estate and need a professional who keeps up to date on the real estate laws, we can help. Call us at 407-876-5571 for more information.
Tuesday, September 15, 2009
Florida Realty Resource - New Blog of Interest
Florida Real Estate Information Resource
The purpose of this blog is to provide useful real estate information, which will assist both buyers and sellers. We will provide you with valuable market updates, statistical data and new trends as they develop. Many consumers find it difficult to locate the information they need when looking to buy and sell a home. This site is being provided as a free service to assist buyers and sellers in the Florida housing market make informed real estate decisions. In order to better educate and inform buyers and sellers, we will continue to develop and provide a set of comprehensive FREE Florida Real Estate Reports as a FREE No-Obligation service to our visitors. In the hope, you who visit this site and in turn, consider us in order to assist you in the purchase or sale of your home.
We truly hope that you find our blog postings, information, tools and resources helpful and we look forward to building a potential business relationship in the future.
We truly hope that you find our blog postings, information, tools and resources helpful and we look forward to building a potential business relationship in the future.
Wednesday, September 2, 2009
Men vs. Women in the Orlando Real Estate Ring
Orlando real estate is one of the biggest purchases anyone will make, whether male or female. And, while it’s been scientifically proven that men and women have different approaches to life, one would think that purchasing a home is pretty much the same across genders. We each have our own concerns and important issues, but they basically all add up to, “This is what I want in my home.”
Therefore, the results of a recent survey caused quite a bit of surprise. The survey pointed out places where inherent differences were clear, as well as places where there weren’t any differences at all. So, when it comes to a match in the Orlando real estate boxing ring, who comes out on top?
Who is fastest at making up their minds on a home to buy?
Believe it or not, women grabbed the top mark at 70%. A full 8% more women made up their minds on whether to buy a house the day they walked into it. Of those that needed another visit or two, 32% were men, versus 23% of the women. Although women have a stereotype of being wishy-washy, this stereotype doesn’t hold true in the real estate market.
How close is the extended family?
If you had a choice between living closer to your extended family or closer to your job, which would you choose? According to the survey, 55% of the women would rather be closer to family, while only 37% of the men would.
What about home security?
When it came to security concerns, men and women both agree. It may be the home of your dreams, but if it’s not safe, it’s “no thank you." What was the percentage? Women grabbed 64%, while 51% of the men said the same. Security is something we appear to agree on.
How would you use a spare room?
If you had an extra 12 x 12 room, how would you use it? With men and women both, we’d rather have a spare bedroom (25%), an office or study (15%), or a family room/den (11%).
Conclusion: Couples, if you’re looking to buy Orlando real estate, sit down with your partner and lay out the rules. Find that fine line between what you each want, and no fighting, biting, kicking or scratching!
If you’re looking for the perfect home to fit what you both want, we can help! Call us at 407-876-5771 for more information.
Therefore, the results of a recent survey caused quite a bit of surprise. The survey pointed out places where inherent differences were clear, as well as places where there weren’t any differences at all. So, when it comes to a match in the Orlando real estate boxing ring, who comes out on top?
Who is fastest at making up their minds on a home to buy?
Believe it or not, women grabbed the top mark at 70%. A full 8% more women made up their minds on whether to buy a house the day they walked into it. Of those that needed another visit or two, 32% were men, versus 23% of the women. Although women have a stereotype of being wishy-washy, this stereotype doesn’t hold true in the real estate market.
How close is the extended family?
If you had a choice between living closer to your extended family or closer to your job, which would you choose? According to the survey, 55% of the women would rather be closer to family, while only 37% of the men would.
What about home security?
When it came to security concerns, men and women both agree. It may be the home of your dreams, but if it’s not safe, it’s “no thank you." What was the percentage? Women grabbed 64%, while 51% of the men said the same. Security is something we appear to agree on.
How would you use a spare room?
If you had an extra 12 x 12 room, how would you use it? With men and women both, we’d rather have a spare bedroom (25%), an office or study (15%), or a family room/den (11%).
Conclusion: Couples, if you’re looking to buy Orlando real estate, sit down with your partner and lay out the rules. Find that fine line between what you each want, and no fighting, biting, kicking or scratching!
If you’re looking for the perfect home to fit what you both want, we can help! Call us at 407-876-5771 for more information.
Is Your Home For Sale in Orlando Perfect for Men?
There’s a group of individuals constantly overlooked when someone has a home for sale in Orlando. It’s not just newlyweds, families and women looking for homes. Men are on the look out, too. So what are they looking for? Here are a few points on the list:
Location, location, location – Most men want a place close to their job. No long commutes, no hours on the highway. In fact, it’s one of their biggest considerations when choosing a home.
The Man Cave – Is your home for sale in Orlando set up with a man cave? Many men dream of having an extra room that can be converted into a place for recreation and entertainment. If you already have a man cave, you’re ahead of the competition!
Surrounding area – In a fun survey, Sperling’s BestPlaces examined America’s cities and marketing trends to find the “Top 50 Manliest Cities” in the U.S. Believe it or not, Nashville took the top place as the Mecca of manliness. Why? A few reasons:
-High number of NASCAR fans
-High number of BBQ restaurants
-Popularity of hunting and fishing
What other things did Sperling’s look at to decide “manliness?"
-Major league sports teams in a city, nearby NASCAR events, monster truck events and local drag racing strips, among other sports venues
-Memberships in motorcycle owner groups, bowling, hunting, woodworking, DIY home improvement
-Number of manly retail stores, such as steak houses, sports bars, general hardware stores, sportsman stores, etc.
-Percentage of houses subscribing to manly magazines
So what does all this mean to you? If you have a home for sale in Orlando with manly decor as well as surrounding attractions, you have a match made in heaven for the busy bachelor. Okay, so women like monster truck events, motorcycles and DIY, too. And, okay, so the survey is a little silly. However, if you’re trying to sell that house and are having no luck, it’s definitely something to think about.
If you’re trying to sell your home, we can help. Call us at 407-876-5771 for more information.
Tuesday, September 1, 2009
How Can You Get Incentive Money, If You’re Not Selling Your Orlando Real Estate?
Not everybody is dealing with the worry of buying or selling Orlando real estate. Some are quite happy where they are, have no intention of moving, and selling is the last thing on their minds.
However, there are a lot of incentives out there to do something in Orlando real estate, and many are itching to dip into those incentives. So, if you’re not selling or buying, what can you do? Here are a few ideas:
Upgrades
Upgrades are something you can do to your home at any time. However, with the many government incentives out there, you can upgrade your home to be more energy efficient for less. For example, thanks to federal tax credits, you can install solar panels or a geothermal heat pump and get 30% back once you file your federal taxes.
Instead of just jumping in on upgrades, it’s best to start with an energy audit. An energy audit will tell you where your problem areas are in order of priority, as well as what incentives and credits are available to help you compensate for the cost.
In addition to getting you incentives and credits, these upgrades will raise the resale value of your home. They'll also lower your utility bills – sometimes by as much as 70%, depending on the size of the problems and the upgrades you make.
Remodeling
If you’ve always wanted to remodel, now is a great time to do it. Contractors and remodelers aren’t as busy as they have been. For you, this means the chance to save money. Bargains are available on materials, labor costs and overall remodeling costs. Be aware that there are some shady companies, so make sure you investigate before signing a contract with anyone.
Refinancing
Although refinancing isn’t the best thing to do for everyone, it’s something to look into if you’re struggling with mortgage payments. Talk to your lender and see what your choices are. If you can get better financing than you currently have, this may be a great option for you!
Just because you aren’t selling your Orlando real estate doesn’t mean you can’t take advantage of the down market. Look around, investigate, and see what options you have open as a homeowner to increase the property value or get the best out of the home you do have.
If you’re looking for the best upgrades and remodels to increase your home’s resale value, we can help. Call us at 407-876-5771 for more information.
However, there are a lot of incentives out there to do something in Orlando real estate, and many are itching to dip into those incentives. So, if you’re not selling or buying, what can you do? Here are a few ideas:
Upgrades
Upgrades are something you can do to your home at any time. However, with the many government incentives out there, you can upgrade your home to be more energy efficient for less. For example, thanks to federal tax credits, you can install solar panels or a geothermal heat pump and get 30% back once you file your federal taxes.
Instead of just jumping in on upgrades, it’s best to start with an energy audit. An energy audit will tell you where your problem areas are in order of priority, as well as what incentives and credits are available to help you compensate for the cost.
In addition to getting you incentives and credits, these upgrades will raise the resale value of your home. They'll also lower your utility bills – sometimes by as much as 70%, depending on the size of the problems and the upgrades you make.
Remodeling
If you’ve always wanted to remodel, now is a great time to do it. Contractors and remodelers aren’t as busy as they have been. For you, this means the chance to save money. Bargains are available on materials, labor costs and overall remodeling costs. Be aware that there are some shady companies, so make sure you investigate before signing a contract with anyone.
Refinancing
Although refinancing isn’t the best thing to do for everyone, it’s something to look into if you’re struggling with mortgage payments. Talk to your lender and see what your choices are. If you can get better financing than you currently have, this may be a great option for you!
Just because you aren’t selling your Orlando real estate doesn’t mean you can’t take advantage of the down market. Look around, investigate, and see what options you have open as a homeowner to increase the property value or get the best out of the home you do have.
If you’re looking for the best upgrades and remodels to increase your home’s resale value, we can help. Call us at 407-876-5771 for more information.
5 Questions to Ask Your Orlando Real Estate Agent When Selling
If you’re ready to sell your home but it’s not yet on the market, asking the right questions of your Orlando real estate agent is a good way to help your home get sold. These questions assist agents in creating a customized marketing plan for your home, as well as helping you know what to expect. The top five questions are:
1. When is the best time of year? Spring is supposedly “the” time of year to put home on the market, but it all depends on the specific area. In addition, many historic trends are completely disappearing and can’t be trusted as an indicator. Your Orlando real estate agent can help you with a good timing strategy to get the best out of your particular area.
2. What features can I accentuate? Take the time to walk through the home with your agent. Discuss with him what you’ve enjoyed about the place and listen to their suggestions as well. Together, create a list for the agent to use in his sales and marketing tactics once it goes on the market.
3. How can I de-clutter my home? Statistics show that homes sell faster and for more money when they appear roomy, clean and are clear of personal clutter. Your agent can look over your home and give you suggestions to achieve that goal.
4. What’s the bottom line price? Let your agent know what you’d like to get from the sale, as well as the lowest price you can afford to accept. Your Orlando real estate agent will evaluate your property as compared to other similar properties that have sold recently and recommend an accurate price range.
5. What do I have to disclose? You may be obligated by law to disclose certain problems about your home, as well as common insurance and utility costs. Make sure that you find out from your real estate agent exactly what you have to disclose to maintain legal compliance.
Remember, a good Orlando real estate agent is there to help you. You don’t have to do it alone, so share the responsibility.
If you want to sell your home, let us put together a custom marketing plan designed to sell your home fast and for top dollar. Call us at 407-876-5771 for more information.
1. When is the best time of year? Spring is supposedly “the” time of year to put home on the market, but it all depends on the specific area. In addition, many historic trends are completely disappearing and can’t be trusted as an indicator. Your Orlando real estate agent can help you with a good timing strategy to get the best out of your particular area.
2. What features can I accentuate? Take the time to walk through the home with your agent. Discuss with him what you’ve enjoyed about the place and listen to their suggestions as well. Together, create a list for the agent to use in his sales and marketing tactics once it goes on the market.
3. How can I de-clutter my home? Statistics show that homes sell faster and for more money when they appear roomy, clean and are clear of personal clutter. Your agent can look over your home and give you suggestions to achieve that goal.
4. What’s the bottom line price? Let your agent know what you’d like to get from the sale, as well as the lowest price you can afford to accept. Your Orlando real estate agent will evaluate your property as compared to other similar properties that have sold recently and recommend an accurate price range.
5. What do I have to disclose? You may be obligated by law to disclose certain problems about your home, as well as common insurance and utility costs. Make sure that you find out from your real estate agent exactly what you have to disclose to maintain legal compliance.
Remember, a good Orlando real estate agent is there to help you. You don’t have to do it alone, so share the responsibility.
If you want to sell your home, let us put together a custom marketing plan designed to sell your home fast and for top dollar. Call us at 407-876-5771 for more information.
Friday, August 21, 2009
Orlando Real Estate Condo resales up, prices down in July
Orlando-area existing condominiums sold like hotcakes in July at still-falling prices, according to a new report from the Florida Association of Realtors.
Association members brokered 475 condo resales in the Orlando metropolitan statistical area last month, more than triple the 151 unit resales recorded in July 2008. But the median sales price fell to $49,800, 59 percent down from the $121,900 price reported in July 2008.
A total of 2,343 single-family homes sold in July in the Orlando area, a 41 percent increase from the 1,656 sales posted the same month a year prior. Median home values fell 29 percent, from $209,100 in July 2008 to $148,400 in July 2009. complete story
Source: BizJournals.com
Association members brokered 475 condo resales in the Orlando metropolitan statistical area last month, more than triple the 151 unit resales recorded in July 2008. But the median sales price fell to $49,800, 59 percent down from the $121,900 price reported in July 2008.
A total of 2,343 single-family homes sold in July in the Orlando area, a 41 percent increase from the 1,656 sales posted the same month a year prior. Median home values fell 29 percent, from $209,100 in July 2008 to $148,400 in July 2009. complete story
Source: BizJournals.com
Tuesday, August 11, 2009
Orlando Sales up 4.5% - Orlando Real Estate Values down 35%
July existing home sales jumped nearly 45.5 percent when compared with the year prior, but values fell 35 percent, according to the Orlando Regional Realtor Association’s monthly report.
Association members in July reported 2,141 closings, which compared with 1,472 in July 2008. So far this year, association members sold 12,223 homes, 45 percent more than the 8,423 homes that had changed hands in the first seven months of last year.
For the Orlando area— Lake, Orange, Osceola and Seminole counties — 2,763 homes were sold in July, a 56.3 percent jump when compared with the 1,768 sold in July 2008.
Although the median sales price of existing homes sold by association members fell 35 percent in July, from $208,000 in 2008 to $135,000 this year, it rose nearly 3 percent when compared to June 2009’s price of $131,175.
About 737 of the home resales in July of this year were bank-owned while another 162 were distressed property sales, making up 42 percent of all sales. “Normal” sales, which totaled 1,242, made up about 58 percent of the total.
Excluding distressed and bank-owned home sales, the median sales price was $165,000, a decrease of 4.3 percent from June’s $172,500. The median price for bank-owned sales was $84,500, up 5.8 percent from June’s $79,900, and for distressed sales was $139,500, down 8.2 percent from June’s $152,000. complete story
Source: Orlando Business Journal - Anjali Fluker
Association members in July reported 2,141 closings, which compared with 1,472 in July 2008. So far this year, association members sold 12,223 homes, 45 percent more than the 8,423 homes that had changed hands in the first seven months of last year.
For the Orlando area— Lake, Orange, Osceola and Seminole counties — 2,763 homes were sold in July, a 56.3 percent jump when compared with the 1,768 sold in July 2008.
Although the median sales price of existing homes sold by association members fell 35 percent in July, from $208,000 in 2008 to $135,000 this year, it rose nearly 3 percent when compared to June 2009’s price of $131,175.
About 737 of the home resales in July of this year were bank-owned while another 162 were distressed property sales, making up 42 percent of all sales. “Normal” sales, which totaled 1,242, made up about 58 percent of the total.
Excluding distressed and bank-owned home sales, the median sales price was $165,000, a decrease of 4.3 percent from June’s $172,500. The median price for bank-owned sales was $84,500, up 5.8 percent from June’s $79,900, and for distressed sales was $139,500, down 8.2 percent from June’s $152,000. complete story
Source: Orlando Business Journal - Anjali Fluker
Saturday, August 1, 2009
4 Ways to Get the Best Deal for New Orlando Home Construction
Some buyers would much rather have a brand spankin’ new Orlando home – fresh, clean and untouched. Does this describe you? Then read on and learn some of the guidelines for getting the best deal on your dream home.
Be on the lookout for disreputable builders…
Reputation is everything for a builder. Ask for recommendations from people you know, but also do your research. Check with the Better Business Bureau. Talk to people in the same development about their experiences with the builder. Look over the homes in the early construction phase to see what type of materials and quality of workmanship they provide in areas such as the foundation and plumbing.
Use your own agent…
Although a builder might offer the use of an agent, keep in mind that the agent is the builder’s. They aren’t looking out for your best interests. Hiring a buyer’s agent will give you someone who represents you and your best interests.
Research the location…
When it comes to new Orlando home construction, you may very well be looking at a development on the outskirts of town. It may seem quaint and quiet. However, if there’s a lot of space around, you could unknowingly settle into a place that will quickly become a bustling metropolis.
Check with the local town or city-zoning board to find out the types of zoning that surround the land. See if development plans have been submitted. Will the surrounding land have a strip mall or apartment complex that depreciates the value of your home, or high-end houses that raise it?
Check the weather…
Before you sign that contract, visit the area during or after a heaving rainstorm. You’ll want to look for signs of bad soil drainage, which can affect your new Orlando home and the surrounding property. Otherwise, you might have to build an ark to get to work.
If you’re looking at new construction and need someone on your side, we can help. Call us now at 407-876-5771.
Be on the lookout for disreputable builders…
Reputation is everything for a builder. Ask for recommendations from people you know, but also do your research. Check with the Better Business Bureau. Talk to people in the same development about their experiences with the builder. Look over the homes in the early construction phase to see what type of materials and quality of workmanship they provide in areas such as the foundation and plumbing.
Use your own agent…
Although a builder might offer the use of an agent, keep in mind that the agent is the builder’s. They aren’t looking out for your best interests. Hiring a buyer’s agent will give you someone who represents you and your best interests.
Research the location…
When it comes to new Orlando home construction, you may very well be looking at a development on the outskirts of town. It may seem quaint and quiet. However, if there’s a lot of space around, you could unknowingly settle into a place that will quickly become a bustling metropolis.
Check with the local town or city-zoning board to find out the types of zoning that surround the land. See if development plans have been submitted. Will the surrounding land have a strip mall or apartment complex that depreciates the value of your home, or high-end houses that raise it?
Check the weather…
Before you sign that contract, visit the area during or after a heaving rainstorm. You’ll want to look for signs of bad soil drainage, which can affect your new Orlando home and the surrounding property. Otherwise, you might have to build an ark to get to work.
If you’re looking at new construction and need someone on your side, we can help. Call us now at 407-876-5771.
6 Reasons Why Now Is The Best Time For Orlando Home Remodels
Cash in your pocket and equity in your Orlando home? If you’ve been thinking about making changes to your house but thought you couldn’t afford a remodel, it’s time to rethink the possibilities. The payback on renovations in cost versus higher home value, should you decide to sell your house later, can be better than you thought.
Reason #1: Lower bids from the contractors. The home renovation business is falling with the current housing market, leading to lower bids for the homeowner’s remodeling project. In addition, most contractors are willing to negotiate with you for a better price, leaving you with a beautiful remodel for an excellent price.
Reason #2: Higher number of contractors to choose from. Although homeowners are still making repairs and working on their houses, the number of bigger additions and fancy remodels is going down. More contractors are competing against each other for your project.
Reason #3: Lower financing costs. If you have good credit and a steady economic foundation, you can get lower financing costs. This, in turn, makes the project that much more affordable.
Reason #4: Lower cost of materials. Because the number of major remodels is dropping, the demand for materials (and thus the cost) is also dropping.
Reason #5: Less waiting time for a top-rated remodeling contractor. With a lower number of people wanting to remodel their Orlando home, even top-rated professionals have a shorter waiting list.
Reason #6: Better service. With more competition, contractors are definitely giving “service with a smile.” Calls are being returned faster; jobs are starting on time (or before!).
If you looked into remodeling your Orlando home more than a year ago, now is definitely the time to do something about it. However, even in this sweet time for remodeling, be aware of shady companies and shoddy work. Do your research before accepting any contractor.
Want more tips like this? Subscribe to our blog. It's easy, fast and free.
Reason #1: Lower bids from the contractors. The home renovation business is falling with the current housing market, leading to lower bids for the homeowner’s remodeling project. In addition, most contractors are willing to negotiate with you for a better price, leaving you with a beautiful remodel for an excellent price.
Reason #2: Higher number of contractors to choose from. Although homeowners are still making repairs and working on their houses, the number of bigger additions and fancy remodels is going down. More contractors are competing against each other for your project.
Reason #3: Lower financing costs. If you have good credit and a steady economic foundation, you can get lower financing costs. This, in turn, makes the project that much more affordable.
Reason #4: Lower cost of materials. Because the number of major remodels is dropping, the demand for materials (and thus the cost) is also dropping.
Reason #5: Less waiting time for a top-rated remodeling contractor. With a lower number of people wanting to remodel their Orlando home, even top-rated professionals have a shorter waiting list.
Reason #6: Better service. With more competition, contractors are definitely giving “service with a smile.” Calls are being returned faster; jobs are starting on time (or before!).
If you looked into remodeling your Orlando home more than a year ago, now is definitely the time to do something about it. However, even in this sweet time for remodeling, be aware of shady companies and shoddy work. Do your research before accepting any contractor.
Want more tips like this? Subscribe to our blog. It's easy, fast and free.
Thursday, July 2, 2009
Do Orlando Homes for Sale Need Roof Inspections?
If you’re worried about the condition of the roof on the Orlando home you want to buy, you may need a roof inspection. Although some states don’t require that a roof inspection be included in the real estate contract, it's often better to be on the safe side and get the roof inspected.
Just what is included in a roof inspection? Here’s a short list:
What Is The Roof on the Orlando Home Made Of?
Roofs are commonly made of composition shingles, wood shake, or clay tiles. The material the roof is made of can determine the life of the roof. Tile roofs can last as long as fifty years, while wood shake has an expected "useful" life span of forty years. Roofs made of composition shingles can last twenty to forty years, and are often under warranty for that amount of time.
How Many Repairs Have Been Made?
The roof inspector may also get a count of how many layers are on a roof. Some states require that the roof be completely removed and replaced at certain levels. The inspector will verify that previous roof repairs were done correctly and with the right materials.
Is There Any Roof Damage?
When inspecting the roof, the inspector will look for any slight movements that would indicate loose shingles or tiles. He’ll look at the ridges of the roof and around the edges to gauge any damage.
The added expense of a roof inspection may seem steep, but it's worth the cost to ensure that your roof is in good condition.
Thinking of buying? Let us help you find a Orlando home (and roof) that's in excellent condition. Give me us call today at 407-876-5771.
Just what is included in a roof inspection? Here’s a short list:
What Is The Roof on the Orlando Home Made Of?
Roofs are commonly made of composition shingles, wood shake, or clay tiles. The material the roof is made of can determine the life of the roof. Tile roofs can last as long as fifty years, while wood shake has an expected "useful" life span of forty years. Roofs made of composition shingles can last twenty to forty years, and are often under warranty for that amount of time.
How Many Repairs Have Been Made?
The roof inspector may also get a count of how many layers are on a roof. Some states require that the roof be completely removed and replaced at certain levels. The inspector will verify that previous roof repairs were done correctly and with the right materials.
Is There Any Roof Damage?
When inspecting the roof, the inspector will look for any slight movements that would indicate loose shingles or tiles. He’ll look at the ridges of the roof and around the edges to gauge any damage.
The added expense of a roof inspection may seem steep, but it's worth the cost to ensure that your roof is in good condition.
Thinking of buying? Let us help you find a Orlando home (and roof) that's in excellent condition. Give me us call today at 407-876-5771.
6 Ways to Tell if You Need to Paint Before Putting Up Your Orlando Home for Sale
If you’re putting up your Orlando home for sale, it may be time to bring out the brush and spackle. This doesn’t just mean on the outside, but everywhere. If you’re not sure whether you need to do it, here are a few ways to tell:
1. Peeling exterior – You may be used to the home and not see the peeling paint, but, as any real estate agent will tell you, curb appeal is very important. If buyers don’t like the way your home looks on the outside, they very seldom go inside. If the paint is peeling, it’s time to redo it.
2. Eye-catching colors – While you may enjoy your robin’s egg blue house with canary yellow shutters, buyers may not. A Orlando home for sale needs to be painted in a way that the buyers can see themselves living in it. If your house is painted in unusually eye-catching colors, you need to repaint in neutral tones. Stick with neutral colors for interior painting also.
3. Peeling/stained shed – If you have a wooden shed on your property, you might need to repaint it or even replace it. Exposed wood under the paint is a major detractor and an eyesore. It may not matter to you, but it will matter to the buyer.
4. Cracks in the walls – If the interior of your home has little cracks, seal the drywall with spackling and repaint. Though small, the cracks will be seen as a negative, even if the rest of the house is well cared for.
5. Cracked tiles or water spots on the ceiling – Who looks up at the ceiling anymore? The buyer will and will see that unsightly stain in the corner that you haven’t noticed for years.
6. Artistic inspiration – If you’re an artist and you found the need to express yourself on the walls, you might consider repainting. Ask your real estate agent before hand; some forms of expression may sell better than others. It might be slightly painful, so it’s okay if you let someone else do it.
When you have a Orlando home for sale you have to be honest with yourself. Look at the house with fresh eyes and in a buyer’s point of view. If something stands out, it probably needs to be fixed.
If you’re thinking of selling your home, I'd be happy to give you suggestions on how to make it sparkle so it will sell faster and for more money. Call us today at 407-876-5771 for more information.
1. Peeling exterior – You may be used to the home and not see the peeling paint, but, as any real estate agent will tell you, curb appeal is very important. If buyers don’t like the way your home looks on the outside, they very seldom go inside. If the paint is peeling, it’s time to redo it.
2. Eye-catching colors – While you may enjoy your robin’s egg blue house with canary yellow shutters, buyers may not. A Orlando home for sale needs to be painted in a way that the buyers can see themselves living in it. If your house is painted in unusually eye-catching colors, you need to repaint in neutral tones. Stick with neutral colors for interior painting also.
3. Peeling/stained shed – If you have a wooden shed on your property, you might need to repaint it or even replace it. Exposed wood under the paint is a major detractor and an eyesore. It may not matter to you, but it will matter to the buyer.
4. Cracks in the walls – If the interior of your home has little cracks, seal the drywall with spackling and repaint. Though small, the cracks will be seen as a negative, even if the rest of the house is well cared for.
5. Cracked tiles or water spots on the ceiling – Who looks up at the ceiling anymore? The buyer will and will see that unsightly stain in the corner that you haven’t noticed for years.
6. Artistic inspiration – If you’re an artist and you found the need to express yourself on the walls, you might consider repainting. Ask your real estate agent before hand; some forms of expression may sell better than others. It might be slightly painful, so it’s okay if you let someone else do it.
When you have a Orlando home for sale you have to be honest with yourself. Look at the house with fresh eyes and in a buyer’s point of view. If something stands out, it probably needs to be fixed.
If you’re thinking of selling your home, I'd be happy to give you suggestions on how to make it sparkle so it will sell faster and for more money. Call us today at 407-876-5771 for more information.
Wednesday, July 1, 2009
Your Orlando Real Estate Agent and You
As an Orlando real estate agent, I get to meet people from all ends of the spectrum: buyers, sellers, renters, etc. I also come across other agents, and it constantly amazes me at the different outlooks surrounding the real estate profession. Many buyers think sellers and real estate agents are out to stiff them. On the opposite side, many sellers think buyers and agents are out to stiff them. Unfortunately, even some agents think both are out to stiff them.
I know they say “it’s a dog eat dog world”, but if everybody was truly out to stiff everybody else (rather than just get a fair deal), nothing would ever get done. There’s a big difference between a good agent and a crummy agent. So, maybe we all need to be reminded of what a good Orlando real estate agent really is:
Your agent is your business associate. They are in the business of finding what you need, whether it’s a house to buy or a buyer for your house. As a business associate, they look for the best deal for you, because the best deal for you is the best for them.
Your agent is your negotiator. This goes along with the first, but is more in depth. For instance, if you’re looking at new construction and the builder has a “buyer’s agent”, do you really think that agent is there to help you get the best deal? No, they’re there to help the builder get the best deal. That’s why you have your own agent there – you know they’re on your side.
Your agent is your friend. Especially when you’re having problems selling your house, you’ll have a lot of worries. A good Orlando real estate agent will be there to listen to them and either a) relieve your worries or b) be understanding of them.
As real estate agents, we understand that selling a house isn’t easy. We understand that buying a house can be stressful. We even understand that you may be stuck in a situation you’d rather not be in, such as during a foreclosure. Good agents aren’t just agents; we’re good friends.
If you need to sell your home or are looking to buy one, we would love to help you.
I know they say “it’s a dog eat dog world”, but if everybody was truly out to stiff everybody else (rather than just get a fair deal), nothing would ever get done. There’s a big difference between a good agent and a crummy agent. So, maybe we all need to be reminded of what a good Orlando real estate agent really is:
Your agent is your business associate. They are in the business of finding what you need, whether it’s a house to buy or a buyer for your house. As a business associate, they look for the best deal for you, because the best deal for you is the best for them.
Your agent is your negotiator. This goes along with the first, but is more in depth. For instance, if you’re looking at new construction and the builder has a “buyer’s agent”, do you really think that agent is there to help you get the best deal? No, they’re there to help the builder get the best deal. That’s why you have your own agent there – you know they’re on your side.
Your agent is your friend. Especially when you’re having problems selling your house, you’ll have a lot of worries. A good Orlando real estate agent will be there to listen to them and either a) relieve your worries or b) be understanding of them.
As real estate agents, we understand that selling a house isn’t easy. We understand that buying a house can be stressful. We even understand that you may be stuck in a situation you’d rather not be in, such as during a foreclosure. Good agents aren’t just agents; we’re good friends.
If you need to sell your home or are looking to buy one, we would love to help you.
Can’t Sell Your Orlando Real Estate?
If you watch the Orlando real estate market, you probably know it’s finally showing a little bit of upswing, with national home sales going up by 2.4% in May. While lower mortgage rates and more affordable home prices, along with an $8,000 tax credit for first time buyers, has made selling a home easier, you may still end up holding on to that house for quite awhile. Instead of selling straight out, consider renting to own.
Called a “rent-to-own” or “lease-option,” these deals normally require paying around 5% of the overall purchase price in up-front fees. In addition, buyers are usually required to pay extra rent each month. This is a win-win situation for both the buyer and the seller.
For you as the seller, you have regular rent that goes into your pocket, either to pay down the mortgage you still have on your home or to go toward your new home. In addition, you keep the property profitable as well as get it off the over-stuffed Orlando real estate market.
For the "rent-to-own" buyer, the additional rent payment knocks down the selling price. Properly drafted, a lease option agreement can help buyers having trouble arranging financing or money for the down payment.
Typically, lease agreements are written in 12 to 36 month increments. If the buyer decides they don’t want to buy after all, you can:
a) Put the house back on the market to sell straight out.
b) Put it back on the market as a rent-to-own.
This is also a plus for you, as you can have the contract state that you keep the deposit, as well as the extra rent they have paid.
Don’t think this is just for home sellers, either. Many condominiums are offering the option as well. Some developers are even offering to apply 100% of the rent toward the purchase of the condo.
There are some possible drawbacks to this option, but it is something to consider if you’re trying to sell your Orlando real estate and can’t get it off the market.
If you’d like to sell your home, we can help. We specialize in solutions that get your home off the market fast and give you the most money in your pocket.
Called a “rent-to-own” or “lease-option,” these deals normally require paying around 5% of the overall purchase price in up-front fees. In addition, buyers are usually required to pay extra rent each month. This is a win-win situation for both the buyer and the seller.
For you as the seller, you have regular rent that goes into your pocket, either to pay down the mortgage you still have on your home or to go toward your new home. In addition, you keep the property profitable as well as get it off the over-stuffed Orlando real estate market.
For the "rent-to-own" buyer, the additional rent payment knocks down the selling price. Properly drafted, a lease option agreement can help buyers having trouble arranging financing or money for the down payment.
Typically, lease agreements are written in 12 to 36 month increments. If the buyer decides they don’t want to buy after all, you can:
a) Put the house back on the market to sell straight out.
b) Put it back on the market as a rent-to-own.
This is also a plus for you, as you can have the contract state that you keep the deposit, as well as the extra rent they have paid.
Don’t think this is just for home sellers, either. Many condominiums are offering the option as well. Some developers are even offering to apply 100% of the rent toward the purchase of the condo.
There are some possible drawbacks to this option, but it is something to consider if you’re trying to sell your Orlando real estate and can’t get it off the market.
If you’d like to sell your home, we can help. We specialize in solutions that get your home off the market fast and give you the most money in your pocket.
Saturday, June 6, 2009
Summer Fun in the Backyard of Your Own Orlando Home
Summer is gearing up, and the great summer holidays are right around the corner. From 4th of July picnics and fireworks to Memorial Day barbeques, and every sunny day in between, a little preparation can make your Orlando home a spot for summer fun.
Clean Up the Grill
One of the most popular pieces of outdoor party equipment is the barbeque grill. Over winter, it can accumulate a lot of dust. Propane tanks may need recharging and even the tires might need filling. If the grill wasn't cleaned and stored properly, last summer's leftovers may be hanging on for dear life, and be really hard to get rid of. A good oven spray can help a lot. Spray on a generous amount and let your grill sit in the sun for a few hours before attempting to scrub the food surface clean.
Clean Up the Yard
Clutter is not only unsightly it can also be hazardous. Along with making sure toys are picked up and put away, check for branches that could have been knocked down by storms. Also check for holes or uneven areas in the grass where a guest could twist an ankle.
Decorate Appropriately
Different holidays have themes that can be used to make your Orlando home's yard and patio look its best. For everyday fun in the yard, situate tiki lamps in strategic spots to keep away flies and mosquitoes. Use brightly colored serving dishes, plates and napkins. You'll find an amazing array of them at your local discount store.
Invite Friends and Family to Share the Fun
Parties are only as good as the people around you. Invite friends and family to make a fun Orlando home party even better. One final tip: Have plenty of games on hand for all age groups.
If you would like more tips like this, subscribe to our blog. It'll only take about 30 seconds, and you'll automatically receive tips like this in your email about twice a week.
Clean Up the Grill
One of the most popular pieces of outdoor party equipment is the barbeque grill. Over winter, it can accumulate a lot of dust. Propane tanks may need recharging and even the tires might need filling. If the grill wasn't cleaned and stored properly, last summer's leftovers may be hanging on for dear life, and be really hard to get rid of. A good oven spray can help a lot. Spray on a generous amount and let your grill sit in the sun for a few hours before attempting to scrub the food surface clean.
Clean Up the Yard
Clutter is not only unsightly it can also be hazardous. Along with making sure toys are picked up and put away, check for branches that could have been knocked down by storms. Also check for holes or uneven areas in the grass where a guest could twist an ankle.
Decorate Appropriately
Different holidays have themes that can be used to make your Orlando home's yard and patio look its best. For everyday fun in the yard, situate tiki lamps in strategic spots to keep away flies and mosquitoes. Use brightly colored serving dishes, plates and napkins. You'll find an amazing array of them at your local discount store.
Invite Friends and Family to Share the Fun
Parties are only as good as the people around you. Invite friends and family to make a fun Orlando home party even better. One final tip: Have plenty of games on hand for all age groups.
If you would like more tips like this, subscribe to our blog. It'll only take about 30 seconds, and you'll automatically receive tips like this in your email about twice a week.
Getting Help for Moving Day After Buying Your Orlando Home
Whew—you're finished! You've signed all the forms and the race is won, you think. Okay, go ahead and sigh that huge gasp of relief that your Orlando home is finally yours. That's enough. Now, get yourself up and realize the heavy work is about to start. Oh yeah, you have to move all that stuff you've managed to accumulate over the past however many years you've been alive. Stuff doesn't ever die; it just continues to follow you around. So, how do you get it to your new home?
Send out invitations: You would do it for any other big event in your life. Send out invitations to your family and friends and invite them to help you on your big day. Make it sound like fun by promising a picnic in your new backyard either the day of the move or soon after. It doesn't have to be a big complicated affair. Order some take out fried chicken or pizza and have plenty of beverages for sweaty tired helpers. Make it a real event that everyone can enjoy while laughing about the day's adventures.
Store it: If you're like most people, you have plenty of things you rarely use but can't bear to get rid of. Take advantage of the fact that you'll be packing all your things and put those items you never use into boxes and tote them to a storage unit. You get to keep them, at least for now, but they won't be cluttering up your brand new Orlando home. In six months, if you haven't missed the items, take the boxes (without opening them) to your favorite donation location.
Safeguard your pets: Moving day is hectic and can be frightening for your pets. Board your cats or dogs at your veterinarian for the day. It will be worth the expense to make sure they don't escape through doors propped open for moving.
For more tips like this, subscribe to our blog. It's fast, easy and free. Just fill in your name and email address in the subscription form. A couple of times a week, you'll get tips like this automatically sent to your email inbox.
Send out invitations: You would do it for any other big event in your life. Send out invitations to your family and friends and invite them to help you on your big day. Make it sound like fun by promising a picnic in your new backyard either the day of the move or soon after. It doesn't have to be a big complicated affair. Order some take out fried chicken or pizza and have plenty of beverages for sweaty tired helpers. Make it a real event that everyone can enjoy while laughing about the day's adventures.
Store it: If you're like most people, you have plenty of things you rarely use but can't bear to get rid of. Take advantage of the fact that you'll be packing all your things and put those items you never use into boxes and tote them to a storage unit. You get to keep them, at least for now, but they won't be cluttering up your brand new Orlando home. In six months, if you haven't missed the items, take the boxes (without opening them) to your favorite donation location.
Safeguard your pets: Moving day is hectic and can be frightening for your pets. Board your cats or dogs at your veterinarian for the day. It will be worth the expense to make sure they don't escape through doors propped open for moving.
For more tips like this, subscribe to our blog. It's fast, easy and free. Just fill in your name and email address in the subscription form. A couple of times a week, you'll get tips like this automatically sent to your email inbox.
Wednesday, June 3, 2009
Why Rent When You Could Buy Your Very Own Orlando Condo?
If you're tired of renting but don't want a huge home to manage, consider purchasing a Orlando condo. You can enjoy the benefits of home ownership and leave your renting days behind you.
By owning a condo, you can:
Build equity
When you make payments on a condo you own, you are constantly building equity in the property. With renting, you pay for years and own nothing.
Avoid payment increases
Unlike renting, when you own your Orlando condo and have a fixed mortgage rate, you can feel confident that your monthly payments will remain the same. No more surprise rent hikes. You can just sit back, relax and plan your finances around that peace of mind.
Make upgrades
As a renter, you probably never had the pleasure of painting the walls any color that suited your style. Your only choices were white and builder beige. As a condo owner, you have the freedom to do what you want to the interior of your home without worrying about penalties from the landlord.
Break away from landlords
Now's your chance to escape the watchful eye of your landlord and start living life the way you please. As a property owner, you call the shots. And best of all, you don't have to be concerned with your landlord selling the property and leaving you without a place to live. Now you can secure your future as condo owner.
There is an array of benefits to owning a Orlando condo. All you have to do is get out of the renter's mindset and step out on your own. You'd be surprise how great you'll feel once you do.
Search for Orlando condos (and homes) for sale at MLSOrlandoSearch.com Or, let us do the work for you. We would be happy to send you a list of available properties that meet your criteria. Just give us a call now at 407-876-5771.
By owning a condo, you can:
Build equity
When you make payments on a condo you own, you are constantly building equity in the property. With renting, you pay for years and own nothing.
Avoid payment increases
Unlike renting, when you own your Orlando condo and have a fixed mortgage rate, you can feel confident that your monthly payments will remain the same. No more surprise rent hikes. You can just sit back, relax and plan your finances around that peace of mind.
Make upgrades
As a renter, you probably never had the pleasure of painting the walls any color that suited your style. Your only choices were white and builder beige. As a condo owner, you have the freedom to do what you want to the interior of your home without worrying about penalties from the landlord.
Break away from landlords
Now's your chance to escape the watchful eye of your landlord and start living life the way you please. As a property owner, you call the shots. And best of all, you don't have to be concerned with your landlord selling the property and leaving you without a place to live. Now you can secure your future as condo owner.
There is an array of benefits to owning a Orlando condo. All you have to do is get out of the renter's mindset and step out on your own. You'd be surprise how great you'll feel once you do.
Search for Orlando condos (and homes) for sale at MLSOrlandoSearch.com Or, let us do the work for you. We would be happy to send you a list of available properties that meet your criteria. Just give us a call now at 407-876-5771.
6 Great Reasons First-Time Orlando Home Buyers Should Purchase Now
Although the housing market has had its fair share of ups and down, many home buyers, particularly first-time home buyers, are reaping the benefits. If you're thinking about purchasing a Orlando home, there are many good reasons to make your move today. Here are six of them:
1. Low interest rates – Right now, interest rates are lower than ever before. This means you can get an extremely affordable loan and save big on interest payments.
2. Cheaper home prices – Not only are interest rates low, but homes all around are cheaper. Since the market is packed with homes for sale, selling has become harder. As a result, prices have fallen significantly, allowing you to get a more expensive home for less money.
3. Potential tax credits – As a first-time buyer, you could be eligible for thousands of dollars in tax credits. Best of all, you do not have to pay it back, as opposed to previous years.
4. Less competition – Many people no longer have the money to purchase homes, so fewer people are visiting model homes and open houses. This is great news for you. If you're ready to buy a Orlando home, you don't have to worry about floods of people bidding up the price on the property.
5. Huge inventory – With new homes constantly being built, not to mention an array of existing homes, you can take your pick from a wide variety of available properties.
6. Big bargaining power – Because so many people are trying to sell their homes, they're more willing to be flexible. As a buyer, you could greatly benefit and may be able to save on closing costs, upgrades, repairs and more. Work with a skilled real estate agent who can negotiate a great contract for you.
If you have the funds to step out and purchase one of the many Orlando homes for sale, now is the best time to take advantage of all the possibilities. we are ready, willing and able to negotiate the best price and terms for you. Call us today at 407-876-5771.
1. Low interest rates – Right now, interest rates are lower than ever before. This means you can get an extremely affordable loan and save big on interest payments.
2. Cheaper home prices – Not only are interest rates low, but homes all around are cheaper. Since the market is packed with homes for sale, selling has become harder. As a result, prices have fallen significantly, allowing you to get a more expensive home for less money.
3. Potential tax credits – As a first-time buyer, you could be eligible for thousands of dollars in tax credits. Best of all, you do not have to pay it back, as opposed to previous years.
4. Less competition – Many people no longer have the money to purchase homes, so fewer people are visiting model homes and open houses. This is great news for you. If you're ready to buy a Orlando home, you don't have to worry about floods of people bidding up the price on the property.
5. Huge inventory – With new homes constantly being built, not to mention an array of existing homes, you can take your pick from a wide variety of available properties.
6. Big bargaining power – Because so many people are trying to sell their homes, they're more willing to be flexible. As a buyer, you could greatly benefit and may be able to save on closing costs, upgrades, repairs and more. Work with a skilled real estate agent who can negotiate a great contract for you.
If you have the funds to step out and purchase one of the many Orlando homes for sale, now is the best time to take advantage of all the possibilities. we are ready, willing and able to negotiate the best price and terms for you. Call us today at 407-876-5771.
Thursday, May 28, 2009
Orlando Real Estate Sales Up - Home Prices Down
The continuing price declines for existing-home sales in Metro Orlando are similar to declines elsewhere in the state, according to a monthly report released Wednesday by the Florida Association of Realtors. Prices in the four-county metro area fell by 34 percent in April from a year earlier, compared with a statewide decrease of 31 percent. Not only did local resale prices continue their year-long decline, dropping to $141,800 in April from $215,700 a year earlier, they also slid further from March, when the median price was $151,500. Those historically low prices helped drive the area's continuing uptick in sales, with a 38 percent increase last month compared with April 2008.
The Orlando-area condominium market continued to be one of the hardest hit in the state this spring, with resale prices down 56 percent from April 2008, compared with a statewide price decline of 40 percent. The median condo price in Metro Orlando was $52,700 last month -- less than half the statewide median of $106,900. In comparison, a year ago, condo prices in the Orlando area were $120,800, or about two-thirds the statewide average at the time. complete story
Source: OrlandoSentinel.com - Mary Shanklin
The Orlando-area condominium market continued to be one of the hardest hit in the state this spring, with resale prices down 56 percent from April 2008, compared with a statewide price decline of 40 percent. The median condo price in Metro Orlando was $52,700 last month -- less than half the statewide median of $106,900. In comparison, a year ago, condo prices in the Orlando area were $120,800, or about two-thirds the statewide average at the time. complete story
Source: OrlandoSentinel.com - Mary Shanklin
Wednesday, May 27, 2009
Is Orlando Real Estate finding a Bottom?
Housing Hitting Bottom Means Fewest Starts Since 1945
May 26 (Bloomberg) -- The slump in the U.S. housing market that caused the median value of homes to decline 24 percent since 2006 may bottom next month without any prospect of a rebound for another year, according to estimates from chief economists at Fannie Mae and Freddie Mac, the Mortgage Bankers Association and national realtors and homebuilder groups.
Existing home sales probably won’t reach pre-boom levels until the third quarter of 2010 and housing starts won’t surpass 1 million until 2011, a barrier last broken six decades ago, the economists said. “There are very few V-shaped recoveries in the history of real estate, and this one is likely to be even slower because of the size of the bubble,” said Robert Shiller, the Yale University professor who, with economist Karl Case, created home price indexes in the 1980s now used by Standard & Poor’s.
The rebound will be so anemic that 2009 building starts will total about 496,000 homes, the lowest since the end of World War II in 1945, according to the economists’ forecasts. Foreclosures on pay option adjustable-rate mortgages and a backlog of bank-owned properties will slow any revival and keep housing from playing its traditional role of boosting economic recovery.
Residential construction and home sales led the way out of the previous seven recessions, with housing starts improving an average seven months and resales gaining strength about four months before the economy picked up.
‘Green Shoots’
The world’s largest economy probably will grow 1.9 percent next year, according to the average estimate of 56 analysts surveyed by Bloomberg. After each of the last seven contractions, it expanded more than 3 percent on average in the first year of recovery.
Federal Reserve Bank of Dallas President Richard Fisher said earlier this month that the U.S. is on the verge of rebounding with “healthy signs -- the stirrings of what I call green shoots.” So did former Fed Chairman Alan Greenspan, who cited “seeds of a bottoming” in housing during a May 12 speech at a National Association of Realtors conference in Washington.
“If you are looking at prices relative to income and rents, you could argue that we are at the bottom, and I’m cautiously optimistic that we may be,” said Thomas Lawler, a former Fannie Mae economist in Leesburg, Virginia. “It’s possible, however, that we could have a second wave of foreclosures and the very small amount of support the economy might have gotten will turn into the reverse.”
Prices Fall
Data released today showed foreclosures are still weighing on the housing market. Home prices in 20 major metropolitan areas fell 18.7 percent in March from a year earlier as foreclosures rose, according to the S&P/Case-Shiller index. Economists forecast the index would drop 18.3 percent.
The recession started after U.S. banks and Wall Street firms securitized mortgage loans made to the riskiest borrowers to earn fees only to see homeowners default, prices fall and the value of the bonds dwindle.
Three of the biggest investment banks were brought down by home loan-related investments. The U.S. government committed $29 billion to engineer the takeover of Bear Stearns Cos. in March 2008 by New York-based JPMorgan Chase & Co. Six months later, Lehman Brothers Holdings Inc. filed the largest bankruptcy in U.S. history after becoming the biggest underwriter of mortgage- backed securities as real estate prices peaked. complete story
Source: Bloomberg.com - Kathleen M. Howley
Sunday, May 17, 2009
New Website of Interest - Florida Short Sale Agents .com
Florida Short Sale Short Sales in Miami, Fort Lauderdale & Palm Beach
Florida Short Sale Agents: A Florida short sale offers homeowners a way to avoid foreclosure and help save their credit. They have a team of licensed Florida Realtors and loss mitigation experts who specialize in pre-foreclosures and the short sales of all kinds of property. They have you covered in all the South Florida tri county (Broward, Miami-Dade, & Palm Beach) metro areas like Miami short sale - Fort Lauderdale short sale & Palm Beach Short Sale.
Wednesday, May 13, 2009
New website of interest - FL Realty Agents .com
FLRealtyAgents.com is one of the leading team of agents in South Florida engaged in real estate, foreclosure homes & property dealing, short sales. Contact us today if you are interested in Miami, Fort Lauderdale or Palm Beach area properties. We cover all of Broward, Miami-Dade & Palm Beach County.
Monday, May 11, 2009
Orlando, Where Florida Dreams Become Reality
Orlando is where your dreams become reality when you work side by side with the professional real estate team that makes your home purchases or sale a pleasant and adventurous experience. In Orlando, you can experience the family fun of the local theme parks, the weekends that are packed full of fun and excitement, as well as the warm weather and easy-to-get-to sunny beaches. However, these are not the only wonderful things you will experience when you become a resident of Orlando, Florida. You can become a part of the fast-growing real estate market that offers an endless amount of beautiful homes at wonderful prices. Whether you are purchasing a foreclosed home, a home in short sale, or a newly listed home, you can be sure that when you work with the Orlando real estate team that knows real estate you will be purchasing a lifelong investment.
Enjoy having the latest homes in the housing market offered to you through the expert service you will be offered with Orlando’s top real estate professionals. Never miss out on the home of your dreams again when you rely on the trusted service of a real estate agent who makes finding the home of your dreams their top priority. There is an endless amount of real estate investments available in the fast growing Orlando area whether you are looking for the home of your dreams or a secure financial investment for your family. Either way you are sure to find exactly what you desire beachside or in the heart of the action that surrounds Orlando. Perhaps you wish to live in the peaceful part of Orlando but have the action and the beaches only a short drive away. Well, when you rely on the services of professional Orlando real estate agents, your desires become reality.
Enjoy Orlando and all it has to offer by working with the knowledgeable services offered to you by professional real estate consultants. Even in the event of selling your Orlando home or finding yourself a victim of the struggling economy, you can find comfort and peace in the fact that your Orlando real estate agent is not only experienced but watching out for your best interests. Listing your home has never been easier than when you trust the sale of your home to a real estate agent that will make sure you get the most money for your home. Find the exact value of the home and the suggestions of lenders as well as home inspectors, and attorney’s when you take the advice of your professional Orlando real estate agent.
Thursday, April 30, 2009
Orlando Foreclosures and Short Sales
Orlando, Florida, is constantly growing and new developments are popping up everywhere, but this area has been affected by the fall of the economy along with the rest of the United States. While real estate is making a turnaround and rates are at an all-time low, that does not change the situations that most of us have found ourselves in at this time. With the loss of jobs and cutback in new jobs, people are suffering financially and in some cases lose their homes and file bankruptcy. This can be avoided in most cases with the assistance of the professionals in Orlando real estate; you can avoid foreclosure and possible bankruptcy. Working side by side with the experts in Orlando real estate you can explore all your options and discover what route is best for you and your situation.
Selling your home through a short sale program could be the answer you and your family need to avoid tarnishing your credit for years to come due to the fall of the economy. The economy will come back so there is no need for you to cause yourself problems for years to come due to an unforeseen financial crisis. Your trustworthy Orlando real estate agent can work with you, your mortgage holder, and the real estate market to save you from financial distress. With the experience your professional realtor offers you there is a good chance you can save your credit and purchase a new house when you are back on your feet again. A short sale program will allow you to sell your home for market value in the event that you owe the mortgage company more than what your home is worth. After the sale of your home your mortgage company will agree to discard the remaining balance without causing you to file bankruptcy and without tarnishing your credit by reporting the remaining balance. Your Orlando real estate agent is experienced in this process and can ensure you are getting the most for your home and work with the mortgage company during the sale of your home.
Whether you are in the middle of a foreclosure, a short sale of your home, or you are a buyer in search of the best real estate investments. you can rest assured that your Orlando real estate agent has the experience you need to make the purchase or sale of the home. The experience you need and the professional advice you deserve is just a step away. Avoid real estate headaches when you work side by side with Orlando’s experienced real estate professionals.
Tuesday, April 21, 2009
The Florida Real Estate Market
The amount of homes on the market in Florida is shrinking, as there are more homes sold and banks back out of some foreclosures. In Miami Beach, reports show the number of condos for sale was down to a near 20-month supply in the month of March, which is half from just 15 months ago and down from a 30 month supply in the month of February. The number of single-family homes also saw a drop in available inventory, down to over 37K homes on the market.
Hotels also face a weak summer, and some market watchers are looking at the relationship between a poor viewing of the hospitality industry and the condition of local real estate values. They are also going be watching the industry’s role in Florida's economic recovery. These reports offer a great look into how the Florida hospitality industry is impacting real estate.
Even though the market is down, there are still plenty of experts who aren't counting them out; investors remain, waiting for the gap between bids and current asking prices on properties to narrow. Even large investment banks like Morgan Stanley and pension advisors to wealthy people, who made smart investments during the boom many years ago, are going to become the big players as there is an increased demand for office and retail sales in the market. This is not the case yet, though. A lot of investors are sitting on the sideline, waiting for the right time. As sale prices drop, and buyer activity picks up, those investors will be able to pay cash and are the ones who will be able to close deals
The commercial property sales in Florida is at an all time low in 12 years, but that is likely to change in the last half of 2009. An increase in distressed sales could be coming from investors looking at the double threat of lowered revenue and the inability to refinance loans. Also, some real estate investment companies are selling area holdings as they redesign their business. Most are looking for an increase in commercial sales, including office, retail, industrial and some hotels, but most of this commercial activity will take place in the fourth quarter.
If you have the money to invest, then now is the time to get in the Florida real estate market. Reports are showing that there will be another boom before long and those who are in now will reap the rewards.
Tuesday, April 14, 2009
Moving to Orlando, Florida
When I was recently promoted to the president of marketing at my company, I was informed that with the promotion came a relocation expectation. I was surprised to find that I would have to move from my home in the Midwest and find a new home in the Orlando, Florida area. I knew the first thing I had to go was get in touch with a qualified Orlando Real Estate agent if I was going to get a jump on everything I had to do. I was in contact with a great agent and within a few days time, I had a complete listing of Orlando Foreclosures on the market.
My Orlando Real Estate listing included some wonderful homes in some very desirable neighborhoods. Much to my surprise was how many of the homes were priced within my budget, had the right square footage and had some of the best amenities on the market. I was sure I would find the home of my dreams in no time at all and this was because I had the right tools and took a proactive approach to the whole situation. I was able to find a great home which was perfectly suited to the needs of my growing family. My Orlando Real Estate agent was extremely helpful in explaining the ins-and-outs of what it requires to move across the country. She told me about what happens during an appraisal, how much money I needed, the loan process, moving expenses and many other details I had no knowledge of, she made the transitional period go off without a hitch.
It can take quite a bit of time to coordinate everything when it comes time to make a long-distance move. But, the process does not have to be an unpleasant one, because an Orlando Real Estate agent can walk you through the steps and will assist you every inch of the way. This is just what a good real estate agent will do for clients, they treat you with respect, understanding and like you are one of their own family.
Having an Orlando Real Estate agent on your side will help you find the home of your dreams and gives you the advantage of having access to all the latest homes to come onto the market. I have never had a better experience then I did when I worked with my real estate professional and would highly recommend using an agent when making a cross-country transition.
Thursday, March 19, 2009
Real Estate help you can trust in these tough times
Whether you are facing foreclosure or a potential short sale, or are looking to purchase such properties, you have to be sure that you are working with the right Real Estate Agent. It can be hard to know for sure if you are working with the right people. That is why the professionals at Orlando Real Estate Associates will help you through the process and answer all your questions in a courteous and timely manner. The company’s expert real estate agents have a proven track record and get their clients results. Orlando MLS, a multiple listing service that highlights all the great finds in the area, is available on the Web site, as well as information about Orlando Short Sales and Orlando Foreclosures.
Buying or selling a home in any market and economy always brings potential benefits and risks with it. Along with providing traditional real estate services for people looking to buy and sell homes for relocation purposes or to meet the needs of a growing or changing family, Orlando Real Estate Agents will go that extra mile to ensure happy buyers and sellers, taking the time to explain the benefits and risks of each potential transaction. Critical in this tough economy, the company’s real estate agents will help you take advantage of an Orlando Short Sale to avoid foreclosure and save your valuable credit. Setting up a short sale, as opposed to losing your home through a foreclosure, allows you to work with a lender to sell the property for less than the amount of the current mortgage and in some cases can be a big relief for weary homeowners.
If you are looking to invest in foreclosed properties, Orlando Real Estate Associates can introduce you to the Orlando Foreclosure Listings and the Orlando Short Sale Listings to help you take advantage of the opportunities out there. The informative Web site will assist you as you customize your search, get the most for the money you invest and take control of the house-hunting process.
The Orlando Real Estate Market is a vibrant one, filled with plenty of prospects if you know where to look. The experts at Orlando Real Estate Associates will help you get there, and assist you in making smart, savvy real estate investment decisions. While the average buyer does not know how to begin the search for investment property, the experts on this company’s team will lead you in the right direction.
Buying or selling a home in any market and economy always brings potential benefits and risks with it. Along with providing traditional real estate services for people looking to buy and sell homes for relocation purposes or to meet the needs of a growing or changing family, Orlando Real Estate Agents will go that extra mile to ensure happy buyers and sellers, taking the time to explain the benefits and risks of each potential transaction. Critical in this tough economy, the company’s real estate agents will help you take advantage of an Orlando Short Sale to avoid foreclosure and save your valuable credit. Setting up a short sale, as opposed to losing your home through a foreclosure, allows you to work with a lender to sell the property for less than the amount of the current mortgage and in some cases can be a big relief for weary homeowners.
If you are looking to invest in foreclosed properties, Orlando Real Estate Associates can introduce you to the Orlando Foreclosure Listings and the Orlando Short Sale Listings to help you take advantage of the opportunities out there. The informative Web site will assist you as you customize your search, get the most for the money you invest and take control of the house-hunting process.
The Orlando Real Estate Market is a vibrant one, filled with plenty of prospects if you know where to look. The experts at Orlando Real Estate Associates will help you get there, and assist you in making smart, savvy real estate investment decisions. While the average buyer does not know how to begin the search for investment property, the experts on this company’s team will lead you in the right direction.
Saturday, March 14, 2009
Top rated Toronto Real Estate Website
Here is a great Toronto Real Estate Listings website we highly recommend. http://www.torontorealestatedirect.com
Monday, March 9, 2009
How to Find the Perfect Home in Orlando, Florida
If you live in the Orlando, Florida, area and are searching for Orlando Foreclosure Listings, you should check out Orlando Realty Experts. Whether you are looking to buy or sell, it pays to have the expertise of a real estate agent on your side. With the assistance of Orlando Realty Experts, you can expect a happy, risk-free real estate experience.
Orlando Realty Experts offers a wide variety of services such as real estate advice, homes for sale information and local information. Orlando Real Estate Agents can be an invaluable tool when looking to sell or purchase a new home. With the help and guidance of a qualified agent you can accomplish many things you might not have been able to do on your own.
The first thing you want to do if your in the market for a home in the Orlando, Florida, area is contact a qualified professional. For a list of Orlando Short Sale information, a real estate agent is integral in getting you the most up-to-date and accurate information, and an agent can also answer any questions or concerns you might have.
Secondly, you need a to speak with a number of Orlando Real Estate Agents if you are to get information pertaining to the type of home and neighborhood you are looking for. For many prospective home buyers, going it alone can be a frightening thought. But, when shopping with a qualified Orlando agent, you can find out information about schools, jobs, ordinance information and other important facts you should know before buying a home.
You also want to have the help of a professional Orlando Real Estate Agent to keep you apprised of any new homes that may come available on the market. Prime homes sell quickly and without the right information you could miss out on what could be the home of your dreams. Many people have missed the opportunity to jump on a prime piece of property because they did not act quickly enough, with a professional agent working for you, this will not happen.
For you, as a prospective home buyer, Orlando Realty Experts provides an invaluable service when it comes to Orlando Real Estate. The agents are devoted to supporting and assisting you through your entire endeavor, a commitment to showing you homes by appointment, during or after business hours and on weekends if necessary. In short, having an agent work with you is a way to guarantee you find exactly what you're searching for and nothing less.
Orlando Realty Experts offers a wide variety of services such as real estate advice, homes for sale information and local information. Orlando Real Estate Agents can be an invaluable tool when looking to sell or purchase a new home. With the help and guidance of a qualified agent you can accomplish many things you might not have been able to do on your own.
The first thing you want to do if your in the market for a home in the Orlando, Florida, area is contact a qualified professional. For a list of Orlando Short Sale information, a real estate agent is integral in getting you the most up-to-date and accurate information, and an agent can also answer any questions or concerns you might have.
Secondly, you need a to speak with a number of Orlando Real Estate Agents if you are to get information pertaining to the type of home and neighborhood you are looking for. For many prospective home buyers, going it alone can be a frightening thought. But, when shopping with a qualified Orlando agent, you can find out information about schools, jobs, ordinance information and other important facts you should know before buying a home.
You also want to have the help of a professional Orlando Real Estate Agent to keep you apprised of any new homes that may come available on the market. Prime homes sell quickly and without the right information you could miss out on what could be the home of your dreams. Many people have missed the opportunity to jump on a prime piece of property because they did not act quickly enough, with a professional agent working for you, this will not happen.
For you, as a prospective home buyer, Orlando Realty Experts provides an invaluable service when it comes to Orlando Real Estate. The agents are devoted to supporting and assisting you through your entire endeavor, a commitment to showing you homes by appointment, during or after business hours and on weekends if necessary. In short, having an agent work with you is a way to guarantee you find exactly what you're searching for and nothing less.
Monday, February 23, 2009
Orlando Real Estate
The Sunshine State is where everyone would love to be right now, especially if you are in an area of the country that is having sub-zero temperatures and feet of snow falling at a time. Orlando is one of the fastest growing and cleanest cities in the United States. With some of the most beautiful weather year round and some great newer houses available, why not start looking for a home there now? We not only offer help with the purchase of a home in the Orlando area, we also can assist you with a sale or just with any real estate questions you may have.
Florida has long been the retirement state of choice for many Americans, but times are changing and Florida is becoming its own producer of many goods and services. Why would you wait all your life to retire some place that you could easily move to now and start enjoying it? We have a comprehensive market report for the Orlando area and we also offer a variety of other resources to help you in your home buying needs. We have trained and knowledgeable staff members that can help you search for the property that best fits you and give you suggestions on what may be coming on the market soon.
With the economy the way it currently is it’s no wonder that people are trying to save every cent they can. The real estate market is in crisis mode and that is good for the buyer. There are so many listings that it can take hours to go through them. You can be picky about just what you want and where you want it in today’s market. However, you need to be cautious of some real estate agents that will try and make themselves look great and try to get you to purchase a home you do not want. We have been helping our customers for years and we pride ourselves on the fact that the customer is always number one with us and that we will do everything we can to make sure that you get the house you want at the price you want.
Orlando wants you to come enjoy its beauty and vast opportunities. Come see Disney and Sea World and enjoy in all that Orlando has to offer you. Then when you are done, give us a call and let us know where you want to make home, we have the knowledge and insight to help you get what you want. Let’s start living the dream of working in paradise by calling our real estate agents today!
Florida has long been the retirement state of choice for many Americans, but times are changing and Florida is becoming its own producer of many goods and services. Why would you wait all your life to retire some place that you could easily move to now and start enjoying it? We have a comprehensive market report for the Orlando area and we also offer a variety of other resources to help you in your home buying needs. We have trained and knowledgeable staff members that can help you search for the property that best fits you and give you suggestions on what may be coming on the market soon.
With the economy the way it currently is it’s no wonder that people are trying to save every cent they can. The real estate market is in crisis mode and that is good for the buyer. There are so many listings that it can take hours to go through them. You can be picky about just what you want and where you want it in today’s market. However, you need to be cautious of some real estate agents that will try and make themselves look great and try to get you to purchase a home you do not want. We have been helping our customers for years and we pride ourselves on the fact that the customer is always number one with us and that we will do everything we can to make sure that you get the house you want at the price you want.
Orlando wants you to come enjoy its beauty and vast opportunities. Come see Disney and Sea World and enjoy in all that Orlando has to offer you. Then when you are done, give us a call and let us know where you want to make home, we have the knowledge and insight to help you get what you want. Let’s start living the dream of working in paradise by calling our real estate agents today!
Wednesday, February 18, 2009
Welcome to Sunny Orlando, Florida!
Whether you are moving to Orlando, Florida, and are in need of a new home or you already live in Orlando and wish to sell your home for whatever reason there are knowledgeable and experienced Orlando real estate agents that are eager to help you sell or purchase your home. Working with a professional Orlando real estate agent will offer you the benefits of having up to date information on home that come available in the areas you prefer or the benefits of having someone else listing your property for you so you are free from having to schedule times for prospective buyers to view your home as well as the fact that your real estate agent will handle all the legal ends of selling or buying your property.
Take advantage of the short sale properties or foreclosure properties available in the beautiful city of Orlando. Your experienced Orlando real estate agent can direct you to the properties you are interested in and handle the communication between you and the seller in order to make your purchase easier. A knowledgeable Orlando real estate agent can guide you through the legal ends of purchasing a property that is in short sale or foreclosure as well as be of great assistance in listing your home if you are in the middle of a short sale agreement with your bank. No matter the property you wish to purchase or sell when working with an experienced and well trained Orlando real estate agent you are sure to be satisfied with the sell or purchase process of your home.
Choose to live in the middle of all the action and in the middle of the night life that Orlando has to offer with the many restaurants, night clubs, and shopping centers -- not to mention the fun Orlando has to offer for the children such as Disney, Sea World and other famous theme parks. Being a resident of Orlando will allow you to take advantage of the many discounts offered by the local theme parks as well as the fact that you can return home to your own bed at the end of a day filled with theme parks and adventure.
If you are searching for a quieter atmosphere but wish to have the fun and adventure within driving distance your knowledgeable Orlando real estate agent can find the perfect home in the quiet neighborhood with the action and fun only a short driving distance away. So start today and get your local Orlando real estate agent on the phone to ensure you are getting the home of your dreams in the setting your desire.
Take advantage of the short sale properties or foreclosure properties available in the beautiful city of Orlando. Your experienced Orlando real estate agent can direct you to the properties you are interested in and handle the communication between you and the seller in order to make your purchase easier. A knowledgeable Orlando real estate agent can guide you through the legal ends of purchasing a property that is in short sale or foreclosure as well as be of great assistance in listing your home if you are in the middle of a short sale agreement with your bank. No matter the property you wish to purchase or sell when working with an experienced and well trained Orlando real estate agent you are sure to be satisfied with the sell or purchase process of your home.
Choose to live in the middle of all the action and in the middle of the night life that Orlando has to offer with the many restaurants, night clubs, and shopping centers -- not to mention the fun Orlando has to offer for the children such as Disney, Sea World and other famous theme parks. Being a resident of Orlando will allow you to take advantage of the many discounts offered by the local theme parks as well as the fact that you can return home to your own bed at the end of a day filled with theme parks and adventure.
If you are searching for a quieter atmosphere but wish to have the fun and adventure within driving distance your knowledgeable Orlando real estate agent can find the perfect home in the quiet neighborhood with the action and fun only a short driving distance away. So start today and get your local Orlando real estate agent on the phone to ensure you are getting the home of your dreams in the setting your desire.
Tuesday, February 3, 2009
Foreclosure News
On January 28, Jerry Jackson of the Orlando Sentinel reported that Florida State Representative Darren Soto plans to propose a “foreclosure bill of rights” which would help slow foreclosures in the state of Florida. Similar legislation has also been proposed in other states, including Texas and New York.
Here are some details regarding his proposal:
(1) This law would apply to “homestead properties,” not second homes or investment properties. The ramifications of this provision would mean that only people claiming the real estate as their primary home would receive the benefits of the bill, as opposed to vacationers and landlords.
(2) Banks would be required to make a “good faith” effort to renegotiate home loans. This would curb lenders from falsely promising to renegotiate home loans, and place some pressure on lenders to help solve the mortgage crisis. Mortgage lenders may now be subject to criminal charges and civil liability for false promises.
(3) Banks would be further required to comply with mandatory document disclosures. The effect of this would be twofold. First, the mortgagor will be obligated to disclose all correspondence and information with the homeowner. This may help one of the problems of the mortgage fallout misinformation. Second, this will help the homeowner decide if the lender is acting in her best interests, and alert her to changes in the terms of the loan.
(4) Lenders cannot immediately run to court to initiate a foreclosure action and are subject to mandatory mediation proceedings. In a mediation proceeding, both sides get together to try to negotiate a deal through a mediator and settle the matter out of court.
(5) To help the lenders, the law will provide for a “forbearance lien” which will “allow lender to recoup the amount of the principal they agree to reduce, when the property was eventually sold.” The banks, while forgoing some of their capital in the short run, will regain some of it down the road.
(6) The bill will also specify settlement negotiation requirements. This will encourage settlement that will hopefully satisfy both parties. If the terms are set, this will make settling possible foreclosure actions easier and more efficient.
(7) Banks would be supplied criteria for the commercial reasonableness of renegotiated loans. In a foreclosure action the banks hold a large advantage in that they can take the property from the homeowner at any time. This power position gives them leverage in the renegotiation of loans. This provision would help even the playing field between the lender and the mortgagee.
Here are some details regarding his proposal:
(1) This law would apply to “homestead properties,” not second homes or investment properties. The ramifications of this provision would mean that only people claiming the real estate as their primary home would receive the benefits of the bill, as opposed to vacationers and landlords.
(2) Banks would be required to make a “good faith” effort to renegotiate home loans. This would curb lenders from falsely promising to renegotiate home loans, and place some pressure on lenders to help solve the mortgage crisis. Mortgage lenders may now be subject to criminal charges and civil liability for false promises.
(3) Banks would be further required to comply with mandatory document disclosures. The effect of this would be twofold. First, the mortgagor will be obligated to disclose all correspondence and information with the homeowner. This may help one of the problems of the mortgage fallout misinformation. Second, this will help the homeowner decide if the lender is acting in her best interests, and alert her to changes in the terms of the loan.
(4) Lenders cannot immediately run to court to initiate a foreclosure action and are subject to mandatory mediation proceedings. In a mediation proceeding, both sides get together to try to negotiate a deal through a mediator and settle the matter out of court.
(5) To help the lenders, the law will provide for a “forbearance lien” which will “allow lender to recoup the amount of the principal they agree to reduce, when the property was eventually sold.” The banks, while forgoing some of their capital in the short run, will regain some of it down the road.
(6) The bill will also specify settlement negotiation requirements. This will encourage settlement that will hopefully satisfy both parties. If the terms are set, this will make settling possible foreclosure actions easier and more efficient.
(7) Banks would be supplied criteria for the commercial reasonableness of renegotiated loans. In a foreclosure action the banks hold a large advantage in that they can take the property from the homeowner at any time. This power position gives them leverage in the renegotiation of loans. This provision would help even the playing field between the lender and the mortgagee.
Subscribe to:
Posts (Atom)