Sometimes, thought provoking questions come in from readers with national or Orlando homes for sale. I thought I’d answer a few of the questions I’ve received recently. Maybe you have some of the same questions.
Is a mural considered a personal touch or a selling point?
This is a hard question to answer. It really depends on the mural, the room it’s in, and if it could be considered part of the décor. For instance, would a rooster painted on the wall of a country-style kitchen add or detract?
If you have a real estate agent, ask his or her opinion. If you don’t have an agent, I strongly suggest you hire one to walk through and give you suggestions. For most Orlando homes for sale, the answer will be “paint over it.” However, you never really know when an image might be that extra touch that makes the room special. So, get a professional opinion from someone who can actually go to your home and see it.
Some murals can add to the room, such as whimsical rabbit murals in a child’s bedroom. Others can severely detract from a room, such as a large mural of Elvis on the bathroom wall. Tons of people like Elvis, but I’m not so sure they’d all like an image of him in the bathroom.
On a side note, one of the good things about having an agent is that he or she just might know a really big Elvis fan who would love the home as is.
My budget is really tight. I read about home staging, but I can’t afford it. Is it absolutely necessary to sell a home?
No. Real estate agents often talk about that “extra touch.” Home staging is one of those extra touches. If your budget is severely limited, don’t break the bank to have a professional stage your home. Although I do suggest staging your home, a cheaper alternative is to borrow a book on home staging from your local library (free), or buying a book on home staging ($40 at the most). Much can be done by you once you have the right information. Or, hire a real estate agent, like me, who is a professional stager.
I’m getting ready to put my house on the market and am trying to make sure all the repairs are done. Should I hire a home inspector before or after I do the repairs?
Hire the home inspector first. The inspection report will include an overview of needed repairs, as well as an estimate of what those repairs will cost. This way, you can better prioritize the repairs rather than using a “hit and miss” approach.
Thank you all for your questions. I hope my answers are helpful. With Orlando homes for sale, the most important advice I can give is to remember that no home is exactly alike. Everything has a unique selling point and unique selling detractor. Finding out which is which can make all the difference.
Have questions of your own? You can add them as a comment here, email them to us at 407-876-5771. We promise to answer promptly!
Monday, November 1, 2010
Buying an Orlando Home for Sale versus Renting
Should you buy an Orlando home for sale? Maybe yes, maybe no. People don’t live in cookie cutter situations; everyone has a unique set of circumstances. For that matter, you may not even need a house. Maybe an apartment is a better fit.
Here are four factors to consider before deciding whether to buy or rent:
1. Maintenance: One factor you might use to decide whether or not you want to buy an Orlando home for sale is maintenance. As a homeowner, you’re responsible for the roof when it leaks and the plumbing when it’s clogged. As a renter, you have a landlord who takes care of all that.
2. Frequency of relocation: Another factor to consider is how long you plan to be in the area. For example, if you plan to move in less than five years and don’t fancy renting out the home after you move, buying may not be for you.
3. Tax deductions: The interest you pay on your mortgage is usually tax-deductible. As well, when you close on a home you have the option to pay “points” to reduce your interest over the life of your loan. The amount you pay to cover the points is also usually tax deductible for the year in which you buy the home. Now think about renting… none of your rent is tax deductible. You don’t get money back for living in a home; you get money back for buying a home. With that money, you could further pay down your loan, make repairs or any number of things you need to do.
4. Home decor: When you own, you can decorate any way you want. You can paint, hang pictures or even knock down walls. When you rent, you must live by the rules and regulations established by the landlord, which are usually very restrictive.
So, should you rent or buy? I could tell you buying is the best thing to do, but I could be wrong because I don’t know your particular situation. However, if you can afford an Orlando home for sale and want to buy one, don’t pass up the best mortgage rates the real estate industry has ever seen!
Still confused as to whether renting or buying is best for you? Give us a call at 407-876-5771, and we will personally help you figure it out.
Have you decided owning a home is right for you? Let us help you find and buy a great home at a great price. Call us at 407-876-5771 for more information.
Here are four factors to consider before deciding whether to buy or rent:
1. Maintenance: One factor you might use to decide whether or not you want to buy an Orlando home for sale is maintenance. As a homeowner, you’re responsible for the roof when it leaks and the plumbing when it’s clogged. As a renter, you have a landlord who takes care of all that.
2. Frequency of relocation: Another factor to consider is how long you plan to be in the area. For example, if you plan to move in less than five years and don’t fancy renting out the home after you move, buying may not be for you.
3. Tax deductions: The interest you pay on your mortgage is usually tax-deductible. As well, when you close on a home you have the option to pay “points” to reduce your interest over the life of your loan. The amount you pay to cover the points is also usually tax deductible for the year in which you buy the home. Now think about renting… none of your rent is tax deductible. You don’t get money back for living in a home; you get money back for buying a home. With that money, you could further pay down your loan, make repairs or any number of things you need to do.
4. Home decor: When you own, you can decorate any way you want. You can paint, hang pictures or even knock down walls. When you rent, you must live by the rules and regulations established by the landlord, which are usually very restrictive.
So, should you rent or buy? I could tell you buying is the best thing to do, but I could be wrong because I don’t know your particular situation. However, if you can afford an Orlando home for sale and want to buy one, don’t pass up the best mortgage rates the real estate industry has ever seen!
Still confused as to whether renting or buying is best for you? Give us a call at 407-876-5771, and we will personally help you figure it out.
Have you decided owning a home is right for you? Let us help you find and buy a great home at a great price. Call us at 407-876-5771 for more information.
Friday, October 1, 2010
4 Reasons You Should Buy Orlando Real Estate in a Down Market
The national and Orlando real estate markets are constantly fluctuating, falling somewhere between more inventory and lower prices and less inventory and higher prices. People are often frightened when the home inventory rises, but a declining real estate market may just be the perfect time to find your next home.
Here are 4 reasons why you should consider buying Orlando real estate in a down market.
1. Inventory. When the market is down, more homes are for sale. This means you have more homes to choose from, which makes it easier to find a home in your dream neighborhood or closer to work or school.
2. Negotiation. There’s a reason down markets are called “buyers’ markets.” Sellers want to sell their homes, and they are often willing to do whatever it takes. This means you have the advantage and can buy a home for a great price. You can also ask the seller for other incentives like paying all or a portion of your closing costs.
3. Mortgage Rates. When the real estate market begins falling, interest rates get cut. This can mean considerable savings for you over the course of your mortgage. You can even buy a larger home within your price range than you can when the market is booming.
4. Investment. Even though doom and gloom is forecasted in a down market, your home will still most likely go up in value or at least retain its value. Keep in mind that your home is your most personal investment. It’s a place where you will create memories and maybe even raise a family.
If you’re considering buying a home, let us help you find a wonderful home at a great price. Call us today at 407-876-5771.
Here are 4 reasons why you should consider buying Orlando real estate in a down market.
1. Inventory. When the market is down, more homes are for sale. This means you have more homes to choose from, which makes it easier to find a home in your dream neighborhood or closer to work or school.
2. Negotiation. There’s a reason down markets are called “buyers’ markets.” Sellers want to sell their homes, and they are often willing to do whatever it takes. This means you have the advantage and can buy a home for a great price. You can also ask the seller for other incentives like paying all or a portion of your closing costs.
3. Mortgage Rates. When the real estate market begins falling, interest rates get cut. This can mean considerable savings for you over the course of your mortgage. You can even buy a larger home within your price range than you can when the market is booming.
4. Investment. Even though doom and gloom is forecasted in a down market, your home will still most likely go up in value or at least retain its value. Keep in mind that your home is your most personal investment. It’s a place where you will create memories and maybe even raise a family.
If you’re considering buying a home, let us help you find a wonderful home at a great price. Call us today at 407-876-5771.
Is Buying an Orlando Home for Sale Ever Going to Be a Good Move?
If you’ve thought about buying an Orlando home for sale, you have to be wondering, “Is it ever going to be a good idea?” I understand; there’s an endless stream of media pouring out bad housing news. It’s discouraging to say the least if you’re a homebuyer or a home seller.
Yet, the problem with the news from the home buying standpoint is that it focuses on profit. The media says, “You can’t make a profit from buying a home.” They talk about prices dropping and more homes hitting the market, among other things. What they miss, however, are the real reasons most people buy an Orlando home for sale.
It’s your home. Period.
You can do what you want with it. You don’t have to worry about whether painting a mural on the wall will get you an increase in rent. You don’t have to deal with the noisy people who just moved into the apartment above you, who obviously brought a zoo because something’s pounding on your ceiling all the time. You can paint the walls black and nobody can say “Boo” about it, because it’s your home.
Fixed-rate mortgages stay put.
Unlike rent, which can go up and up and up, fixed-rate mortgage loans stay the same. They work exactly like they sound; the rate you start at when you buy your Orlando home for sale is the rate you end at when you finish paying off your mortgage.
You can eventually stop paying out.
Rent will always be owed. At no time in the future will your landlord say, “You’ve paid enough rent. You don’t have to pay anymore.” Mortgages, however, will eventually be paid off. Therefore, while renters pay for 15 years and then must continue to pay, homeowners, who have a 15-year mortgage, can pay for 15 years and then stop.
It’s your castle.
Nobody owns it but you. There’s a certain pride to owning a home that far outweighs profit. The excitement from making a profit, however small or large, is a fleeting, momentary thing. When you buy an home for sale, you’re buying a castle – a safe haven where you can get away from the world; a place where you can relax and be comfortable.
If you’re ready to find your castle, we can help. Call us at 407-876-5771 for more information.
Yet, the problem with the news from the home buying standpoint is that it focuses on profit. The media says, “You can’t make a profit from buying a home.” They talk about prices dropping and more homes hitting the market, among other things. What they miss, however, are the real reasons most people buy an Orlando home for sale.
It’s your home. Period.
You can do what you want with it. You don’t have to worry about whether painting a mural on the wall will get you an increase in rent. You don’t have to deal with the noisy people who just moved into the apartment above you, who obviously brought a zoo because something’s pounding on your ceiling all the time. You can paint the walls black and nobody can say “Boo” about it, because it’s your home.
Fixed-rate mortgages stay put.
Unlike rent, which can go up and up and up, fixed-rate mortgage loans stay the same. They work exactly like they sound; the rate you start at when you buy your Orlando home for sale is the rate you end at when you finish paying off your mortgage.
You can eventually stop paying out.
Rent will always be owed. At no time in the future will your landlord say, “You’ve paid enough rent. You don’t have to pay anymore.” Mortgages, however, will eventually be paid off. Therefore, while renters pay for 15 years and then must continue to pay, homeowners, who have a 15-year mortgage, can pay for 15 years and then stop.
It’s your castle.
Nobody owns it but you. There’s a certain pride to owning a home that far outweighs profit. The excitement from making a profit, however small or large, is a fleeting, momentary thing. When you buy an home for sale, you’re buying a castle – a safe haven where you can get away from the world; a place where you can relax and be comfortable.
If you’re ready to find your castle, we can help. Call us at 407-876-5771 for more information.
Wednesday, September 1, 2010
Myths about Selling Your Orlando Real Estate
Trying to sell your Orlando real estate in a slow market can be frustrating. You may find that it takes longer to sell and you can’t get as much money as you could during a booming market. However, you can’t believe all the hype about a sluggish real estate market. Do your research and separate the facts from the fiction.
Here are 3 myths and the facts behind the fiction:
1. You won’t get a decent price. Your Orlando real estate will sell for whatever a buyer is willing to pay. A comparative market analysis shows you what other buyers spent on property like yours. Of course, if you bought your home when values were up, you may not get the return on your investment you’d hoped for. However, most sellers get a fair price and even make a profit in a slow market.
2. Your Orlando real estate will stay on the market too long. While it’s true that real estate tends to take longer to sell during a slow market, it’s not impossible to sell. People still buy in slower markets. If your home is priced right, prepared for sale and marketed professionally, it will sell.
3. Buyers only want foreclosures and short sales. The truth is that buyers want good deals, and this can be in the form of money or time. The price of a foreclosure or short sale may certainly be attractive, but they can take a considerable amount of time to close while the banks negotiate their terms. Paying slightly more for a traditional sale is sometimes well worth the time they can save.
Using my proven marketing plan, we can help you sell your home whether it's a slow market or a booming market. Call us today at 407-876-5771.
Here are 3 myths and the facts behind the fiction:
1. You won’t get a decent price. Your Orlando real estate will sell for whatever a buyer is willing to pay. A comparative market analysis shows you what other buyers spent on property like yours. Of course, if you bought your home when values were up, you may not get the return on your investment you’d hoped for. However, most sellers get a fair price and even make a profit in a slow market.
2. Your Orlando real estate will stay on the market too long. While it’s true that real estate tends to take longer to sell during a slow market, it’s not impossible to sell. People still buy in slower markets. If your home is priced right, prepared for sale and marketed professionally, it will sell.
3. Buyers only want foreclosures and short sales. The truth is that buyers want good deals, and this can be in the form of money or time. The price of a foreclosure or short sale may certainly be attractive, but they can take a considerable amount of time to close while the banks negotiate their terms. Paying slightly more for a traditional sale is sometimes well worth the time they can save.
Using my proven marketing plan, we can help you sell your home whether it's a slow market or a booming market. Call us today at 407-876-5771.
New Demands for Orlando Homes for Sale
A trend is slowly spreading through the nation, starting in cities such as Rockville, Maryland and Sacramento, California. This trend may bring hope for Orlando homes for sale. These cities are reviving, after seeing years of decline. Why? Because of a shift toward urban-style living.
The trend, if it persists (and many expect it will), is moving towards compact, walkable neighborhoods. In fact, walkability, as it’s called, is one of the fastest growing demands in real estate. Buyers want the ability to travel around a neighborhood without ever getting in their cars. Bike paths, walking paths and beautiful, tree-lined sidewalks are some of today’s high selling points.
Take Rockville, for example. A town square was built in Rockville. As a result, the dying town of Rockville is now a bustling place lined with shops, apartments, restaurants and vibrant street life. The same has happened in Sacramento, where neighbors feel comfortable going over to one another’s house to sit on the porch and chat.
What’s driving this trend? Among other things, it’s green living. Many homebuyers, including buyers of Orlando homes for sale, don’t seem to mind paying a little extra for a home that’s close to work with shops within walking distance.
So what’s the lesson in all this? As real estate agents have been warning for a few years now, green is in. Location, comfort and economical savings are also in. While money was good and spending was easy, we wanted to be far away from the city and the rat race.
Now that money’s tight, however, the Orlando homes for sale with convenient, walkable locations, green appliances and economical utilities seem to have the handle on the market. If you have any of these selling points, make sure you’re marketing them!
If you’re looking for a green home or a home in a convenient neighborhood, we can help. Call us at 407-928-2857.
The trend, if it persists (and many expect it will), is moving towards compact, walkable neighborhoods. In fact, walkability, as it’s called, is one of the fastest growing demands in real estate. Buyers want the ability to travel around a neighborhood without ever getting in their cars. Bike paths, walking paths and beautiful, tree-lined sidewalks are some of today’s high selling points.
Take Rockville, for example. A town square was built in Rockville. As a result, the dying town of Rockville is now a bustling place lined with shops, apartments, restaurants and vibrant street life. The same has happened in Sacramento, where neighbors feel comfortable going over to one another’s house to sit on the porch and chat.
What’s driving this trend? Among other things, it’s green living. Many homebuyers, including buyers of Orlando homes for sale, don’t seem to mind paying a little extra for a home that’s close to work with shops within walking distance.
So what’s the lesson in all this? As real estate agents have been warning for a few years now, green is in. Location, comfort and economical savings are also in. While money was good and spending was easy, we wanted to be far away from the city and the rat race.
Now that money’s tight, however, the Orlando homes for sale with convenient, walkable locations, green appliances and economical utilities seem to have the handle on the market. If you have any of these selling points, make sure you’re marketing them!
If you’re looking for a green home or a home in a convenient neighborhood, we can help. Call us at 407-928-2857.
Sunday, August 1, 2010
Economy Bringing Families Closer Together in Orlando Homes
Although the economy has been a catalyst for many issues, some of the trickle-down effects have had positive effects on Orlando homes. One of the most notable is that families are drawing closer together.
Over the past thirty to forty years, the “steps” to take for growing up were always one, grow up and two, move out. Few parents ever considered that their now adult children might be moving back in to their quiet, empty Orlando homes. However, with the economic problems hitting millions of Americans, the number of multi-generational households is growing.
During the Great Recession and more specifically in 1940, approximately 25% of households were multi-generational. Homes often held children, grandchildren, and sometimes even great grandchildren – four familial generations. However, as the U.S. economy began to prosper and the baby boomer generation grew into adults, more homes became single family households. By 1980, only 12.1% of homes held more than one generation.
Now, the percentages are once again beginning to climb. Loss of jobs, foreclosed homes and lack of security has contributed to approximately 49 million Americans, or 16.1%, living in multi-generational homes. While this is far from ideal for those in a hurry to leave the nest, the benefits are many.
I once asked a single mother what it was like moving back in with her parents. She said, “It was hard at first, redefining the boundaries, but having my parents around has been a blessing in disguise. My kids have a stabilizing influence and extra attention, while I get occasional breaks that I normally wouldn’t get. We eat dinner together too, which helps build the family atmosphere for my kids. It’s not all smiles and roses, there’s a lot of compromise, but it works.”
For those who have been thinking about letting your family move in to your Orlando home, try to consider more than just the negatives. Look at the positives as well. And what could be more positive than closer family ties?
Whether you need to upgrade to a bigger family home or downgrade to a smaller one, we can help. Call us at 407-876-5771 for more information.
Over the past thirty to forty years, the “steps” to take for growing up were always one, grow up and two, move out. Few parents ever considered that their now adult children might be moving back in to their quiet, empty Orlando homes. However, with the economic problems hitting millions of Americans, the number of multi-generational households is growing.
During the Great Recession and more specifically in 1940, approximately 25% of households were multi-generational. Homes often held children, grandchildren, and sometimes even great grandchildren – four familial generations. However, as the U.S. economy began to prosper and the baby boomer generation grew into adults, more homes became single family households. By 1980, only 12.1% of homes held more than one generation.
Now, the percentages are once again beginning to climb. Loss of jobs, foreclosed homes and lack of security has contributed to approximately 49 million Americans, or 16.1%, living in multi-generational homes. While this is far from ideal for those in a hurry to leave the nest, the benefits are many.
I once asked a single mother what it was like moving back in with her parents. She said, “It was hard at first, redefining the boundaries, but having my parents around has been a blessing in disguise. My kids have a stabilizing influence and extra attention, while I get occasional breaks that I normally wouldn’t get. We eat dinner together too, which helps build the family atmosphere for my kids. It’s not all smiles and roses, there’s a lot of compromise, but it works.”
For those who have been thinking about letting your family move in to your Orlando home, try to consider more than just the negatives. Look at the positives as well. And what could be more positive than closer family ties?
Whether you need to upgrade to a bigger family home or downgrade to a smaller one, we can help. Call us at 407-876-5771 for more information.
Closing Deadline Extended for your Orlando Real Estate
If you’re in the middle of buying Orlando real estate, for which you’re hoping to get a Homebuyer Tax Credit of up to $8,000, you have more time to finalize it.
After a close brush with the deadline, Congress passed a 90-day extension of the Homebuyer Tax Credit closing deadline. The extension applies only to buyers who have written, binding contracts in place as of April 30, 2010. The new closing deadline is now September 30, 2010.
Extending the tax credit closing deadline will provide additional stability to Orlando real estate and real estate markets nationwide. Additionally, the National Association of REALTORS® (NAR) estimates that this new extension will help about 180,000 to 200,000 homebuyers who already signed purchase agreements and were likely to miss the June 30 deadline.
Those are two of the reasons the NAR worked closely with Congressional leaders on both sides of the aisle to get this extension approved. Voter pressure on House members also helped to push this bill through.
Have questions about the Homebuyer Tax Credit or any other questions about Orlando real estate? Give us a call today at 407-876-5771. We are happy to help.
After a close brush with the deadline, Congress passed a 90-day extension of the Homebuyer Tax Credit closing deadline. The extension applies only to buyers who have written, binding contracts in place as of April 30, 2010. The new closing deadline is now September 30, 2010.
Extending the tax credit closing deadline will provide additional stability to Orlando real estate and real estate markets nationwide. Additionally, the National Association of REALTORS® (NAR) estimates that this new extension will help about 180,000 to 200,000 homebuyers who already signed purchase agreements and were likely to miss the June 30 deadline.
Those are two of the reasons the NAR worked closely with Congressional leaders on both sides of the aisle to get this extension approved. Voter pressure on House members also helped to push this bill through.
Have questions about the Homebuyer Tax Credit or any other questions about Orlando real estate? Give us a call today at 407-876-5771. We are happy to help.
Thursday, July 1, 2010
Should You Add a Pool to Your Orlando Home?
There are many home improvements that add value to your Orlando home, but none add quite as much fun as a pool. Depending on where your home is located, having a pool may increase re-sale value because buyers in certain areas look for homes that already have pools installed.
A pool can provide relaxation, recreation, and health benefits during the summer months, and in some areas of the country, all year long. Before you get started putting in that pool, there are a few things to be aware of and prepare for.
Usage
The first thing to consider before you decide on adding a pool to your Orlando home is how often you will actually use it. Pool maintenance and installation are expensive, so if you can't use it often, adding a pool doesn’t make much sense.
Surface Area
Before beginning construction of either an above-ground or in-ground pool, you need to check your surface area—not the pool's, your land's. It should be relatively flat. If your Orlando home is on an incline, you need to create a stable, level base, and that could add a great deal of expense to your pool construction.
Air Space
The air above the site for your pool is important too. Most importantly, never place a pool beneath electrical wires. The area above your pool should also be clear of hanging branches. In fact, it’s a good idea to choose a spot with no close trees. While they make for great shade in the hot summer sun, they also make for harder clean-up and constant skimming because of falling leaves.
Fence it In
There is one final consideration before you jump in—a fence. A security fence is important to keep neighborhood children from invading your pool when you aren't around. A fence is also a crucial safety feature for pets and people. You don’t want anyone or anything accidentally falling into your pool.
If you would like to buy or sell an Orlando home with a pool, we can help. Contact us today at 407-876-5771.
A pool can provide relaxation, recreation, and health benefits during the summer months, and in some areas of the country, all year long. Before you get started putting in that pool, there are a few things to be aware of and prepare for.
Usage
The first thing to consider before you decide on adding a pool to your Orlando home is how often you will actually use it. Pool maintenance and installation are expensive, so if you can't use it often, adding a pool doesn’t make much sense.
Surface Area
Before beginning construction of either an above-ground or in-ground pool, you need to check your surface area—not the pool's, your land's. It should be relatively flat. If your Orlando home is on an incline, you need to create a stable, level base, and that could add a great deal of expense to your pool construction.
Air Space
The air above the site for your pool is important too. Most importantly, never place a pool beneath electrical wires. The area above your pool should also be clear of hanging branches. In fact, it’s a good idea to choose a spot with no close trees. While they make for great shade in the hot summer sun, they also make for harder clean-up and constant skimming because of falling leaves.
Fence it In
There is one final consideration before you jump in—a fence. A security fence is important to keep neighborhood children from invading your pool when you aren't around. A fence is also a crucial safety feature for pets and people. You don’t want anyone or anything accidentally falling into your pool.
If you would like to buy or sell an Orlando home with a pool, we can help. Contact us today at 407-876-5771.
Remodeling Your Orlando Home for Sale: Cost vs. Value
When considering a remodeling job for your Orlando home for sale in an effort to increase value, it’s hard to decide what should be done. Well, this isn’t exactly true. If your carpet is old, matted and outdated, for instance, you might want to start there. Grungy wooden kitchen cabinets? That’s another starting place.
However, if your Orlando home for sale is in darn good condition (if you do say so yourself) and you’re not being noticed by buyers, you just might be asking, “What can I do to improve?”
Well, for frustrated, confused homeowners, there is good news. You don’t have to guess. Twenty-two years ago, Remodeling magazine, with cooperation from REALTOR® Magazine, began publishing an annual “Cost vs. Value Report.” This report covers 33 possible home remodeling projects over 80 cities.
The recouped cost for many of these projects has been slowly declining since 2006 or, in some cases, rapidly dropping. However, the recently released 2009-10 Cost vs. Value Report for home remodeling shows some surprising increases.
If you just look at the trends from 2008-09 to 2009-10, you might think any type of addition or change would be a waste of money. When looking over the report, though, pay attention to the recouped cost. For instance, a little red arrow says a wooden deck addition is dropping in resale value, while the recouped cost is still 80.6%. Not bad in a hard buyer’s market.
If you don’t want to look at the report, I understand – it’s a lot of numbers. So, I’ve summarized some of the important bits for you:
Recouped cost of 75% or above
• Attic bedroom – 83% (up from 2008)
• Basement remodel – 75.4% (up)
• Wooden deck addition – 80.6% (up)
• Steel entry door replacement – 128.9% (up)
• Minor kitchen remodel – 78.3% (down)
• Vinyl siding replacement – 79.9% (down)
• Vinyl window replacement – 76.6% (down)
• Foam-backed vinyl siding replacement – 79.0% (down)
• Fiber-cement siding replacement – 83.6% (down)
• Vinyl window replacement – 76.5% (down)
Rising Trends from 2008 – 2009/10
• Fiberglass grand entrance
• Roofing replacement
• Steel entry door replacement
• Fiberglass entry door replacement
• Basement remodel
• Backup power generator
• Attic bedroom
So, where will you get the best bang for your buck for home remodeling? The trends say replacements. Buyers want security (steel doors), shelter (roofing) and energy savers (windows). They want the exterior to look good for less work (siding) and maybe an extra guest or child bedroom (attic). The great thing for you is: they’re willing to pay for it.
If you’re still wondering whether you’re remodeling the right area of your Orlando home for sale, read the report.
If you’d like to sell your home or are looking for a new home that’s already been remodeled (or that you can remodel), we can help. Call us today at 407-876-5771 for more information.
However, if your Orlando home for sale is in darn good condition (if you do say so yourself) and you’re not being noticed by buyers, you just might be asking, “What can I do to improve?”
Well, for frustrated, confused homeowners, there is good news. You don’t have to guess. Twenty-two years ago, Remodeling magazine, with cooperation from REALTOR® Magazine, began publishing an annual “Cost vs. Value Report.” This report covers 33 possible home remodeling projects over 80 cities.
The recouped cost for many of these projects has been slowly declining since 2006 or, in some cases, rapidly dropping. However, the recently released 2009-10 Cost vs. Value Report for home remodeling shows some surprising increases.
If you just look at the trends from 2008-09 to 2009-10, you might think any type of addition or change would be a waste of money. When looking over the report, though, pay attention to the recouped cost. For instance, a little red arrow says a wooden deck addition is dropping in resale value, while the recouped cost is still 80.6%. Not bad in a hard buyer’s market.
If you don’t want to look at the report, I understand – it’s a lot of numbers. So, I’ve summarized some of the important bits for you:
Recouped cost of 75% or above
• Attic bedroom – 83% (up from 2008)
• Basement remodel – 75.4% (up)
• Wooden deck addition – 80.6% (up)
• Steel entry door replacement – 128.9% (up)
• Minor kitchen remodel – 78.3% (down)
• Vinyl siding replacement – 79.9% (down)
• Vinyl window replacement – 76.6% (down)
• Foam-backed vinyl siding replacement – 79.0% (down)
• Fiber-cement siding replacement – 83.6% (down)
• Vinyl window replacement – 76.5% (down)
Rising Trends from 2008 – 2009/10
• Fiberglass grand entrance
• Roofing replacement
• Steel entry door replacement
• Fiberglass entry door replacement
• Basement remodel
• Backup power generator
• Attic bedroom
So, where will you get the best bang for your buck for home remodeling? The trends say replacements. Buyers want security (steel doors), shelter (roofing) and energy savers (windows). They want the exterior to look good for less work (siding) and maybe an extra guest or child bedroom (attic). The great thing for you is: they’re willing to pay for it.
If you’re still wondering whether you’re remodeling the right area of your Orlando home for sale, read the report.
If you’d like to sell your home or are looking for a new home that’s already been remodeled (or that you can remodel), we can help. Call us today at 407-876-5771 for more information.
Preparing Orlando Homes for Quick Sale
For homeowners getting ready to put their Orlando homes on the market, here are a few stunningly-easy tips to help get your home sold faster and maybe even for more money.
Keep in mind that your prospective buyers will most likely be viewing several Orlando homes on the same day as your showing. The emotional elements you include will have a profound impact on their memory, and will make your home standout when they review what they’ve seen with their agents at day’s end.
Preparing your home for the perfect showing is essential and comprises three basic elements that will make your home sparkle.
Atmosphere
• Soft classical music
• Simmering potpourri
• Bake an apple pie in the oven. Or, if you have a bread machine, bake bread.
• Well-lit rooms and inviting indirect lighting
• Air conditioning or heating set at a comfortable temperature
Decorations
• Garden-fresh bouquet of flowers near the entrance or on the kitchen table
• Fresh neutral-colored paint and cleaned or new carpet
• Remove family photos or personal items (allows buyer to imagine it is their home)
Cleanliness
• Meticulously spotless kitchen and bath
• Walls washed and spackled as needed
• No clutter whatsoever (uncluttered rooms look larger)
• No pets – kennel them if needed (buyer may be allergic)
• Clean closets (yes, people peek in your closets)
Remember it’s the little things in life that matter, and the same is absolutely true when it comes to a buyer looking for a place to call home-sweet-home.
For more ideas on how to sell fast and make the most from the sale of your Orlando home, call us today at 407-876-5771.
Keep in mind that your prospective buyers will most likely be viewing several Orlando homes on the same day as your showing. The emotional elements you include will have a profound impact on their memory, and will make your home standout when they review what they’ve seen with their agents at day’s end.
Preparing your home for the perfect showing is essential and comprises three basic elements that will make your home sparkle.
Atmosphere
• Soft classical music
• Simmering potpourri
• Bake an apple pie in the oven. Or, if you have a bread machine, bake bread.
• Well-lit rooms and inviting indirect lighting
• Air conditioning or heating set at a comfortable temperature
Decorations
• Garden-fresh bouquet of flowers near the entrance or on the kitchen table
• Fresh neutral-colored paint and cleaned or new carpet
• Remove family photos or personal items (allows buyer to imagine it is their home)
Cleanliness
• Meticulously spotless kitchen and bath
• Walls washed and spackled as needed
• No clutter whatsoever (uncluttered rooms look larger)
• No pets – kennel them if needed (buyer may be allergic)
• Clean closets (yes, people peek in your closets)
Remember it’s the little things in life that matter, and the same is absolutely true when it comes to a buyer looking for a place to call home-sweet-home.
For more ideas on how to sell fast and make the most from the sale of your Orlando home, call us today at 407-876-5771.
Friday, June 4, 2010
“Incentivizing” the Buyer for Orlando Homes for Sale
The Federal Government envisions a secure and stable marketplace for national and Orlando homes for sale, thus their involvement. We may or may not like the politics, but the fact remains that the marketplace has stabilized somewhat, and prices are leveling in anticipation of an upward turn.
No matter the actual state of the market, the simple fact is that motivated buyers and sellers for Orlando homes for sale do still exist. If not, a lot less people would visit this site.
If you market your home correctly, the opportunity to sell is still promising. After all, interest rates are favorable, prices are realistic and the government has thrown some interesting incentives to buyers, sellers and lenders alike.
You and your real estate agent have the ability to induce buyers to act. If your agent is experienced, he or she will work with you to develop incentives and add appeal to the transaction.
Step 1: Provide Factual Information
Facts outweigh rumor, and having provable information helps get rid of the buyer’s reservations. Here are some of the main facts you and your agent need to have at your fingertips in order to induce buyers to act:
• Knowledge of all local, state and federal tax incentives available to residents of your area
• Knowledge of all projected closing costs
• An understanding of the buyer’s financial and domestic qualifications
• Complete knowledge of the school system and all community services and costs
• Expertise concerning the history and composition of the home
• Knowledge of any planned growth in the area
Step 2: Provide Incentives
The "incentivizing" (no, that’s not a real word) of your home involves several factors. Some incentives may be more creative than others. Here are a few ideas:
• Offer a one-year home warranty program through a third party provider. This is a popular way to relieve buyers of some of their reservations. The idea is based on getting rid of unexpected expenses and the possibility of hidden costs.
• Have the seller pay part of the closing costs.
• Combine the above two incentives with a flexible closing date to make Orlando homes for sale that much more attractive.
Want help "incentivizing" your home to get it sold? Give us a call today at 407-876-5771 to find out how I can help sell your home.
No matter the actual state of the market, the simple fact is that motivated buyers and sellers for Orlando homes for sale do still exist. If not, a lot less people would visit this site.
If you market your home correctly, the opportunity to sell is still promising. After all, interest rates are favorable, prices are realistic and the government has thrown some interesting incentives to buyers, sellers and lenders alike.
You and your real estate agent have the ability to induce buyers to act. If your agent is experienced, he or she will work with you to develop incentives and add appeal to the transaction.
Step 1: Provide Factual Information
Facts outweigh rumor, and having provable information helps get rid of the buyer’s reservations. Here are some of the main facts you and your agent need to have at your fingertips in order to induce buyers to act:
• Knowledge of all local, state and federal tax incentives available to residents of your area
• Knowledge of all projected closing costs
• An understanding of the buyer’s financial and domestic qualifications
• Complete knowledge of the school system and all community services and costs
• Expertise concerning the history and composition of the home
• Knowledge of any planned growth in the area
Step 2: Provide Incentives
The "incentivizing" (no, that’s not a real word) of your home involves several factors. Some incentives may be more creative than others. Here are a few ideas:
• Offer a one-year home warranty program through a third party provider. This is a popular way to relieve buyers of some of their reservations. The idea is based on getting rid of unexpected expenses and the possibility of hidden costs.
• Have the seller pay part of the closing costs.
• Combine the above two incentives with a flexible closing date to make Orlando homes for sale that much more attractive.
Want help "incentivizing" your home to get it sold? Give us a call today at 407-876-5771 to find out how I can help sell your home.
Buying an Orlando Home: Free Credit Reports Not All They Seem
You’ve finally decided that, yes, you can afford to buy a Orlando home. After years of frugal saving, hard work and patient waiting, the timing is great. You don’t want to wait anymore, so you rush out and start looking for homes. It is, after all, a buyer’s market, and you’re a buyer.
Now, if you read about real estate, you’ve probably considered your credit. Is my credit strong enough? Is my score high enough? Some go to lenders and request preapproval. A few request prequalification. Many, however, go to the “free” credit score searches.
Of those who use the credit score searches, some find an Orlando home they want to buy. They then confidently take their credit reports to the lenders and find out the lenders don’t care about the reports. Others find out that the “free” doesn’t really mean free.
Generally, these credit reporting services are helpful, but most aren’t free. You sign up to get your report and, in the fine print, you’re agreeing to enroll in services that require a monthly fee. The services you end up paying for can be somewhat helpful. But many people sign up not knowing what they’re getting into. If you want those types of monthly services, research the companies and don’t fall for scam sites, because they’re out there.
Why won’t leaders use the credit reports you take to them?
They can’t use the credit scores you bring to them. In fact, they’re required to request credit scores on their own. And, the credit reports lenders get may not reflect what you receive from the reporting services you hired.
Typically, lenders use the median FICO Scores from three credit bureaus: Equifax, Experian and TransUnion. Those FICO Scores may not be the same from bureau to bureau. Some of the “free” credit places provide these scores, but usually from only one bureau rather than all three.
So what should you do?
Talk to the lender. Get preapproved, not prequalified. Not only will you find out how good your credit really is, but you’ll also be more attractive to sellers. And, preapproval tells you exactly how much you can reasonably afford to spend on your new Orlando home.
If you’re looking for a beautiful home to call your own, we can help. Call us at 407-876-5771 for more information.
Now, if you read about real estate, you’ve probably considered your credit. Is my credit strong enough? Is my score high enough? Some go to lenders and request preapproval. A few request prequalification. Many, however, go to the “free” credit score searches.
Of those who use the credit score searches, some find an Orlando home they want to buy. They then confidently take their credit reports to the lenders and find out the lenders don’t care about the reports. Others find out that the “free” doesn’t really mean free.
Generally, these credit reporting services are helpful, but most aren’t free. You sign up to get your report and, in the fine print, you’re agreeing to enroll in services that require a monthly fee. The services you end up paying for can be somewhat helpful. But many people sign up not knowing what they’re getting into. If you want those types of monthly services, research the companies and don’t fall for scam sites, because they’re out there.
Why won’t leaders use the credit reports you take to them?
They can’t use the credit scores you bring to them. In fact, they’re required to request credit scores on their own. And, the credit reports lenders get may not reflect what you receive from the reporting services you hired.
Typically, lenders use the median FICO Scores from three credit bureaus: Equifax, Experian and TransUnion. Those FICO Scores may not be the same from bureau to bureau. Some of the “free” credit places provide these scores, but usually from only one bureau rather than all three.
So what should you do?
Talk to the lender. Get preapproved, not prequalified. Not only will you find out how good your credit really is, but you’ll also be more attractive to sellers. And, preapproval tells you exactly how much you can reasonably afford to spend on your new Orlando home.
If you’re looking for a beautiful home to call your own, we can help. Call us at 407-876-5771 for more information.
Orlando Real Estate: Fight Mold Before Buyers Run
Spring is the rainy season for many parts of the nation and, for those areas where spring doesn’t bring rain, summer does. Rain brings mold, mold grows on your Orlando real estate and buyers run. Of course, if it doesn’t rain, there’s always humidity, which can also cause mold and mildew in the home.
How do I know if I have mold?
Well, for example, if you get up in the morning, walk into your living room and find a swimming pool where your couch used to be, you might have mold once the water dries up. Of course, if you have swimming pool in your living room every spring, you can always use it as a selling point… “Living room boasts natural, seasonal pool!”
On the serious side, mold is often indicated by a musty, often sharp smell in the home. You also might see dark smudges and/or blotches on surfaces. While excessive humidity can cause mold, those whose homes have had some form of water damage should be the most concerned. Types of water damage can include anything from a leaking roof to a toilet overflowing.
What’s the problem with mold and mildew?
The problem with mold and mildew is once it creeps into your Orlando real estate, it takes a brigade to kick it out. Also, mold and mildew problems fall under many states’ disclosure laws, so you may not be able to legally keep it from the buyer.
If you find out you have mold, you have two choices:
1. Tell the buyer and either lose them or take a hefty chunk out of your sales price.
2. Pay a hefty price to a mold removal company. The real kicker is even if you pay to have the mold removed, you may still be required to disclose that the home had a mold problem.
What should you do about mold?
The best way to deal with this smelly invader of the home front is to destroy it as soon as you first smell the musty, earthy odor. Track it down and kill it. Plenty of mold-killing products out there do the job nicely on small patches.
If you think you might have mold and can’t seem to track it down, check with your health department. They may have recommendations of where to go, who to talk to or other ways to find the mold that you haven’t used.
If you’re trying to sell your Orlando real estate, you can’t let something as annoying as mold ruin the deal. Even if the property is sitting vacant, keep your eyes, ears and – most importantly – nose sharp!
If you’re trying to sell your home and need an experienced guide, we can help. Call us at 407-876-5771 for more information.
How do I know if I have mold?
Well, for example, if you get up in the morning, walk into your living room and find a swimming pool where your couch used to be, you might have mold once the water dries up. Of course, if you have swimming pool in your living room every spring, you can always use it as a selling point… “Living room boasts natural, seasonal pool!”
On the serious side, mold is often indicated by a musty, often sharp smell in the home. You also might see dark smudges and/or blotches on surfaces. While excessive humidity can cause mold, those whose homes have had some form of water damage should be the most concerned. Types of water damage can include anything from a leaking roof to a toilet overflowing.
What’s the problem with mold and mildew?
The problem with mold and mildew is once it creeps into your Orlando real estate, it takes a brigade to kick it out. Also, mold and mildew problems fall under many states’ disclosure laws, so you may not be able to legally keep it from the buyer.
If you find out you have mold, you have two choices:
1. Tell the buyer and either lose them or take a hefty chunk out of your sales price.
2. Pay a hefty price to a mold removal company. The real kicker is even if you pay to have the mold removed, you may still be required to disclose that the home had a mold problem.
What should you do about mold?
The best way to deal with this smelly invader of the home front is to destroy it as soon as you first smell the musty, earthy odor. Track it down and kill it. Plenty of mold-killing products out there do the job nicely on small patches.
If you think you might have mold and can’t seem to track it down, check with your health department. They may have recommendations of where to go, who to talk to or other ways to find the mold that you haven’t used.
If you’re trying to sell your Orlando real estate, you can’t let something as annoying as mold ruin the deal. Even if the property is sitting vacant, keep your eyes, ears and – most importantly – nose sharp!
If you’re trying to sell your home and need an experienced guide, we can help. Call us at 407-876-5771 for more information.
Friday, May 7, 2010
Renting versus Buying Homes in Orlando
Before you start looking for homes in Orlando, you need to decide whether to rent or buy. Each of these options has its own advantages and disadvantages. You need to look at your situation and decide which is best for you.
To help you with that decision, here’s an examination of the pros and cons of renting and buying homes in Orlando:
• Pros of Renting. Maintaining a home properly takes a certain level of time and commitment. When you rent, you are not responsible for the lawn, major repairs or maintenance. If you have to leave the area on short notice, you won’t be tied down to a home that needs to sell in order for you to move.
• Pros of Buying. Because of low interest rates and house prices, many renters find that their current rent payments are similar to what their mortgage payments would be. Unlike rent payments, mortgage payments add up and create equity in your home. Additionally, owning your own home provides tax deductions.
• Cons of Renting. The most significant con of renting is the fact that you get no tax deduction. If you have to move suddenly, you may have to pay extra money to break the lease. You may even have decorating restrictions, like not putting nails in the walls.
• Cons of Buying. To buy a home, you will need a down payment, which can be difficult for some people to acquire. There’s also the possibility that you may lose money on the home if you have to sell it before you’ve built equity in it or if your local market declines in value. Also, it can take considerable time and money to maintain homes in Orlando.
After you’ve considered all the pros and cons, there’s one more tool I recommend to help you make an informed decision: Use a free online rent versus buy calculator.
If you’d like help deciding whether buying or renting is right for you, give us a call today at 407-876-5771. We will put together some current home prices to help you determine what your house payments would be, and we will also help you figure out what you can afford.
To help you with that decision, here’s an examination of the pros and cons of renting and buying homes in Orlando:
• Pros of Renting. Maintaining a home properly takes a certain level of time and commitment. When you rent, you are not responsible for the lawn, major repairs or maintenance. If you have to leave the area on short notice, you won’t be tied down to a home that needs to sell in order for you to move.
• Pros of Buying. Because of low interest rates and house prices, many renters find that their current rent payments are similar to what their mortgage payments would be. Unlike rent payments, mortgage payments add up and create equity in your home. Additionally, owning your own home provides tax deductions.
• Cons of Renting. The most significant con of renting is the fact that you get no tax deduction. If you have to move suddenly, you may have to pay extra money to break the lease. You may even have decorating restrictions, like not putting nails in the walls.
• Cons of Buying. To buy a home, you will need a down payment, which can be difficult for some people to acquire. There’s also the possibility that you may lose money on the home if you have to sell it before you’ve built equity in it or if your local market declines in value. Also, it can take considerable time and money to maintain homes in Orlando.
After you’ve considered all the pros and cons, there’s one more tool I recommend to help you make an informed decision: Use a free online rent versus buy calculator.
If you’d like help deciding whether buying or renting is right for you, give us a call today at 407-876-5771. We will put together some current home prices to help you determine what your house payments would be, and we will also help you figure out what you can afford.
How to Deal with Problem Neighbors Near Your Orlando Home
We’ve all had to deal with problem neighbors near our Orlando homes. The trouble might be a loud late night party or a dog that is always barking at odd hours. It can be hard to fix the problem without causing a lasting rift in the neighborhood. Here are a few tips for getting a peaceful resolution:
Bring it Up Gently
It may be that your neighbor doesn’t realize there is a problem. Try to wait a day or two after the problem occurs and tactfully bring up the trouble you are having. Be sure to speak in a calm and reasonable manner.
If your partying neighbor is not receptive to making a complete change, suggest that they let you know ahead of time when a party is scheduled. Sometimes being able to plan for a disruption can make it easier to bear.
A dog that barks at all the wrong times is harder to fix. If you have a specific reason for needing the dog to be quiet, for instance, you work nights and need to be able to sleep in your Orlando home during the day; a gentle reminder that the dog is barking excessively may do the trick.
Ask For Help
If you’ve talked with the problem neighbor nicely and are still getting nowhere, try recruiting others in the neighborhood to help solve the dilemma. Sometimes it’s easier to get results when a group is asking for change. The disapproval of the entire neighborhood isn’t something that most people are willing to risk.
Occasionally, there might be that stubborn person who simply refuses to be courteous to anyone nearby. It may seem that you have no options left. Before you give up hope, check with your homeowner’s association, they may have the ability to enforce a change that you cannot.
If at any time you feel that your neighbor is trying to force a confrontation, and may become dangerous, call the local police and ask for help.
Trying a few of these suggestions can be an easy and effective way to bring the peace back to your neighborhood.
Want to find an Orlando home in a peaceful neighborhood? We can help. Call us today at 407-876-5771.
Bring it Up Gently
It may be that your neighbor doesn’t realize there is a problem. Try to wait a day or two after the problem occurs and tactfully bring up the trouble you are having. Be sure to speak in a calm and reasonable manner.
If your partying neighbor is not receptive to making a complete change, suggest that they let you know ahead of time when a party is scheduled. Sometimes being able to plan for a disruption can make it easier to bear.
A dog that barks at all the wrong times is harder to fix. If you have a specific reason for needing the dog to be quiet, for instance, you work nights and need to be able to sleep in your Orlando home during the day; a gentle reminder that the dog is barking excessively may do the trick.
Ask For Help
If you’ve talked with the problem neighbor nicely and are still getting nowhere, try recruiting others in the neighborhood to help solve the dilemma. Sometimes it’s easier to get results when a group is asking for change. The disapproval of the entire neighborhood isn’t something that most people are willing to risk.
Occasionally, there might be that stubborn person who simply refuses to be courteous to anyone nearby. It may seem that you have no options left. Before you give up hope, check with your homeowner’s association, they may have the ability to enforce a change that you cannot.
If at any time you feel that your neighbor is trying to force a confrontation, and may become dangerous, call the local police and ask for help.
Trying a few of these suggestions can be an easy and effective way to bring the peace back to your neighborhood.
Want to find an Orlando home in a peaceful neighborhood? We can help. Call us today at 407-876-5771.
Wednesday, April 7, 2010
Where Can I Find XYZ On the Orlando Real Estate Market?
If you’re like me and other real estate agents, home sellers, homebuyers and homeowners, you’re always looking for a great resource for information on the Orlando real estate market. You have questions and you want answers.
• What are the mortgages like in this area?
• What are the current selling prices for homes?
• What’s a specific neighborhood like?
• Is there anything besides the economy affecting the Orlando real estate market?
For instance, you want to know current market trends. Are they stabilizing? Are things still sliding down hill? Is there a buying trend sellers can take advantage of to market their homes? While a professional real estate agent will help you sell or find a home, it doesn’t hurt for you to do some research on your own to become more knowledgeable. Who knows, you may come up with some ideas we haven’t thought of!
So where can you find reliable information on the real estate market? On the Internet, there are thousands, perhaps millions, of informational sites. Below are just a few of my personal favorites:
CNNMoney.com (real estate) – The information on CNNMoney.com has no bias in terms of convincing you to sell or buy. Where are home prices falling? Where are they strongest? What information do you need to know as a buyer or seller? From mortgages to pricing and market stability, you can find it here.
RISMedia.com – If you can’t find it on CNNMoney, you can most likely find it on RISMedia. Home improvement, financing and foreclosure information are just a few of the topics. As well, because RISMedia is actually involved in real estate, you can find the latest market information.
DQNews.com – DataQuick provides real estate data on a state-by-state basis or on a specific area. While the information can be a little technical for the non-real-estate-professional, if you want to know how the Las Vegas region is doing for home sales, or the average mortgage rates in Missouri, DQ can help. Depending on your area, you may have to pay for the data, but it’s fairly inexpensive and can give you great information.
If you’re interested in the Orlando real estate market in any way, bookmark this blog and the listed sites for easy reference. The more you know, the better you can prepare for upcoming trends, good or bad!
If you’re trying to sell your home, or are looking for your dream home to buy, we can help. Call us at 407-876-5771 for more information.
• What are the mortgages like in this area?
• What are the current selling prices for homes?
• What’s a specific neighborhood like?
• Is there anything besides the economy affecting the Orlando real estate market?
For instance, you want to know current market trends. Are they stabilizing? Are things still sliding down hill? Is there a buying trend sellers can take advantage of to market their homes? While a professional real estate agent will help you sell or find a home, it doesn’t hurt for you to do some research on your own to become more knowledgeable. Who knows, you may come up with some ideas we haven’t thought of!
So where can you find reliable information on the real estate market? On the Internet, there are thousands, perhaps millions, of informational sites. Below are just a few of my personal favorites:
CNNMoney.com (real estate) – The information on CNNMoney.com has no bias in terms of convincing you to sell or buy. Where are home prices falling? Where are they strongest? What information do you need to know as a buyer or seller? From mortgages to pricing and market stability, you can find it here.
RISMedia.com – If you can’t find it on CNNMoney, you can most likely find it on RISMedia. Home improvement, financing and foreclosure information are just a few of the topics. As well, because RISMedia is actually involved in real estate, you can find the latest market information.
DQNews.com – DataQuick provides real estate data on a state-by-state basis or on a specific area. While the information can be a little technical for the non-real-estate-professional, if you want to know how the Las Vegas region is doing for home sales, or the average mortgage rates in Missouri, DQ can help. Depending on your area, you may have to pay for the data, but it’s fairly inexpensive and can give you great information.
If you’re interested in the Orlando real estate market in any way, bookmark this blog and the listed sites for easy reference. The more you know, the better you can prepare for upcoming trends, good or bad!
If you’re trying to sell your home, or are looking for your dream home to buy, we can help. Call us at 407-876-5771 for more information.
Buena Vista Development Services - Business Lead Generation
Buena Vista Development Services
Buena Vista Development (BVD) Services is headquartered in Orlando, Florida. It's owned and operated by a small group of seasoned entrepreneurs with decades of business and marketing experience.
BVD Services uses cutting edge business and marketing systems, that are generating incredible success for themselves and those fortunate clients who have partnered with them.
The success of any business venture boils down to the following timeless principles of marketing.
1. To increase the number of customers
2. To increase the average number of orders
3. To increase the frequency of orders
The Buena Vista Development team are the smart ones who have taken advantage of the power of the Internet to accomplish the above business goals. They are a new breed of business entrepreneurs, enjoying the maximum leverage the internet produces. They have solved the secrets and have unlocked the internet gene's mysterious powers.
Orlando Real Estate, Buyers and Technology
Technology has improved our lives over the last ten years, but it’s also caused some problems along the way for Orlando real estate buyers.
As a buyer, you naturally want to take advantage of every tool and service available to make it easier to find the home of your dreams. However, the Internet, which is one of the most common places for people to shop for Orlando real estate nowadays, has also become a place where the unscrupulous hang out. You can’t believe everything you read online, even when it comes to shopping for homes online.
If you’re trying to find a home, here are two things you need to be aware of:
Home Valuation Sites
Many potential buyers find an interesting home and then research the home value. This is commendable and just plain good sense. You want to make sure you’re not overpaying. Thanks to the Internet, we have sites like Zillow and Realtor.com that provide home valuations.
The problem is that these sites hardly ever agree on the home value. They can differ as much as 20% or more. While home valuation sites are an excellent place to get a ballpark estimate, you shouldn’t base your buying price on their information alone. Hire a reputable Orlando real estate agent who knows the surrounding area and recent sale prices.
Dream Home or Nightmare
One of the best things to happen for real estate agents and sellers alike is the ability to post digital photos and walk-through videos of the homes they’re selling. This is also great for you, as the buyer, because you can view the homes without going anywhere.
Unfortunately, many buyers take those images and videos at face value. Thanks to some high-tech graphics programs, however, you can’t guarantee that what you see is what you get. Videos and images can both be manipulated to show you the best face of any piece of property.
Any time you see a home online that you’re interested in, it’s a good idea to check Google Maps and use the Street View option. At the very least, you can usually see the front and sides of the home. If you’re still interested, visit the home in person, or, if that’s not possible for some reason, ask your Orlando real estate agent to visit the home and take pictures for you.
If you’re trying to find your dream home, we can help. Call us at 407-876-5771 for more information.
As a buyer, you naturally want to take advantage of every tool and service available to make it easier to find the home of your dreams. However, the Internet, which is one of the most common places for people to shop for Orlando real estate nowadays, has also become a place where the unscrupulous hang out. You can’t believe everything you read online, even when it comes to shopping for homes online.
If you’re trying to find a home, here are two things you need to be aware of:
Home Valuation Sites
Many potential buyers find an interesting home and then research the home value. This is commendable and just plain good sense. You want to make sure you’re not overpaying. Thanks to the Internet, we have sites like Zillow and Realtor.com that provide home valuations.
The problem is that these sites hardly ever agree on the home value. They can differ as much as 20% or more. While home valuation sites are an excellent place to get a ballpark estimate, you shouldn’t base your buying price on their information alone. Hire a reputable Orlando real estate agent who knows the surrounding area and recent sale prices.
Dream Home or Nightmare
One of the best things to happen for real estate agents and sellers alike is the ability to post digital photos and walk-through videos of the homes they’re selling. This is also great for you, as the buyer, because you can view the homes without going anywhere.
Unfortunately, many buyers take those images and videos at face value. Thanks to some high-tech graphics programs, however, you can’t guarantee that what you see is what you get. Videos and images can both be manipulated to show you the best face of any piece of property.
Any time you see a home online that you’re interested in, it’s a good idea to check Google Maps and use the Street View option. At the very least, you can usually see the front and sides of the home. If you’re still interested, visit the home in person, or, if that’s not possible for some reason, ask your Orlando real estate agent to visit the home and take pictures for you.
If you’re trying to find your dream home, we can help. Call us at 407-876-5771 for more information.
Monday, March 8, 2010
Helping Your Orlando Real Estate Agent Get You into a New Home
Buying a home is often considered one of the most stressful things you will do in your life. Unless you're a real estate investor, you will most likely experience home buyer stress.
You can help your Orlando real estate agent find you a home, and successfully close the deal, if you are as prepared and knowledgeable as possible. Here are a few tips to help you be ready and make your transition as painless and stress free as possible.
Have all of your financial records in order. This includes:
• Income records: You usually need two recent pay stubs. If you are self-employed, it will get trickier. Want to be even more prepared? Get pre-approved for your mortgage.
• A clean credit report: Make use of those free credit reports and check for errors, outstanding debts, and a high debt-to-income ratio. If you find any errors, it's worth your time to get them fixed prior to applying for a loan or searching for a home.
• Know what you want: As unusual as that seems, not knowing specifically what you need and want in a new home can prolong the search and have you and your agent running in circles trying to find the right home. Price is only one of the considerations. Know how many bathrooms and bedrooms you need. If there are specific amenities you desire, let them be known. Don't wait until you've traveled all over the countryside looking at homes to tell your Orlando real estate agent you absolutely must have a sunken tub.
Read up on everything you can find that will help you understand the options available to you and what you need to get financing and you will be your own best asset in finding the perfect home. Making your Orlando real estate agent work smarter, not harder, is the way to a beneficial arrangement for you both.
If you’re looking for the home of your dreams, we can help. Call us at 407-876-5771 for more information.
You can help your Orlando real estate agent find you a home, and successfully close the deal, if you are as prepared and knowledgeable as possible. Here are a few tips to help you be ready and make your transition as painless and stress free as possible.
Have all of your financial records in order. This includes:
• Income records: You usually need two recent pay stubs. If you are self-employed, it will get trickier. Want to be even more prepared? Get pre-approved for your mortgage.
• A clean credit report: Make use of those free credit reports and check for errors, outstanding debts, and a high debt-to-income ratio. If you find any errors, it's worth your time to get them fixed prior to applying for a loan or searching for a home.
• Know what you want: As unusual as that seems, not knowing specifically what you need and want in a new home can prolong the search and have you and your agent running in circles trying to find the right home. Price is only one of the considerations. Know how many bathrooms and bedrooms you need. If there are specific amenities you desire, let them be known. Don't wait until you've traveled all over the countryside looking at homes to tell your Orlando real estate agent you absolutely must have a sunken tub.
Read up on everything you can find that will help you understand the options available to you and what you need to get financing and you will be your own best asset in finding the perfect home. Making your Orlando real estate agent work smarter, not harder, is the way to a beneficial arrangement for you both.
If you’re looking for the home of your dreams, we can help. Call us at 407-876-5771 for more information.
Choosing the Right Orlando Real Estate Agent to Sell Your Home
Choosing the right Orlando real estate agent for you is a vital task. This is someone who will be inside your home, interacting with your family and working with one of your most valued possessions—your home. You need to find someone you trust to take care of you and give you the best advice. So what should you look for in an agent?
• Personality. You need to get along with your REALTOR®. Interview Orlando real estate agents. Get to know them. Do you trust them? Can you ask them questions? Are you comfortable around them? Be honest as you answer these questions. If something doesn’t feel right to you, trust your instinct.
• Work Ethic. Does your real estate agent return your calls within a reasonable amount of time? Do they answer your questions without making you feel foolish? Do their office hours fit with your schedule?
• Environment. REALTORS® either work for brokers at a large franchised real estate agency or for brokers with a small boutique agency. They both have their advantages and disadvantages. This is your own personal preference. Choose which you think will work for you.
• Experience. Agents with years of experience tend to understand more about market fluctuations. On the other hand, newer agents don’t always have as many clients at one time, so they may be able to provide more individualized care.
• Specialization. To get the best advice, find an agent who specializes in selling homes in your community.
We may be the Orlando real estate agents for you. Call us today at 407-876-5771 to find out more about my experience and areas of specialization.
• Personality. You need to get along with your REALTOR®. Interview Orlando real estate agents. Get to know them. Do you trust them? Can you ask them questions? Are you comfortable around them? Be honest as you answer these questions. If something doesn’t feel right to you, trust your instinct.
• Work Ethic. Does your real estate agent return your calls within a reasonable amount of time? Do they answer your questions without making you feel foolish? Do their office hours fit with your schedule?
• Environment. REALTORS® either work for brokers at a large franchised real estate agency or for brokers with a small boutique agency. They both have their advantages and disadvantages. This is your own personal preference. Choose which you think will work for you.
• Experience. Agents with years of experience tend to understand more about market fluctuations. On the other hand, newer agents don’t always have as many clients at one time, so they may be able to provide more individualized care.
• Specialization. To get the best advice, find an agent who specializes in selling homes in your community.
We may be the Orlando real estate agents for you. Call us today at 407-876-5771 to find out more about my experience and areas of specialization.
Thursday, February 11, 2010
Want an $8000 Tax Credit? Buy a Orlando Home for Sale Now
Last November, when Congress approved an extension on the first-time homebuyer tax credit, potential homebuyers who missed the original deadline were excited. It was another chance to buy a Orlando home for sale and receive an often badly needed $8,000 on their tax return.
Real estate agents were excited as well, because the tax credit extension expanded to include “upgrade” buyers – those who wanted to replace their current home with a bigger one. The possibility of selling a home was higher than it’d been in a while. However, expansion to include upgrade buyers wasn’t the only change.
If you’re hoping to buy a Orlando home for sale and take advantage of the tax credit before the new 2010 deadlines, here are a few things to keep in mind:
• Two dates are crucial. You must sign a contract before April 30. The closings must be complete by June 30. One of the best ways to make sure things go smoothly is to get pre-approved for a mortgage before you go home shopping. Pre-approval tells you, as well as the seller, exactly how much home you can afford. This way, you don’t waste your time or the seller’s.
• Negotiate without emotion. Potential buyers have lost the home of their dreams because they became competitive. If you’re negotiating for closing costs, housing price or anything else, make sure that your requests are reasonable. Don’t change something “just because.”
• Taxes must be mailed in. Due to people trying to scam the system, you won’t be able to file your taxes electronically; you’ll have to mail them in. Make sure you’re using the right forms, and, if you need your tax refund by a specific time, you might want to file early.
• Documentation is truly priceless. Again, thanks to scammers, buyers will have to include a signed mortgage statement, proof of residency and a driver’s license with their taxes.
You still have until April 30 to sign a contract on a Orlando home for sale to get the tax credit. Today’s real estate market is beneficial for buyers. Put it to work for you!
If you’d like to take advantage of the homebuyer tax credit, we can help. Call us right away at 407-876-5771 so we can beat the deadlines.
Real estate agents were excited as well, because the tax credit extension expanded to include “upgrade” buyers – those who wanted to replace their current home with a bigger one. The possibility of selling a home was higher than it’d been in a while. However, expansion to include upgrade buyers wasn’t the only change.
If you’re hoping to buy a Orlando home for sale and take advantage of the tax credit before the new 2010 deadlines, here are a few things to keep in mind:
• Two dates are crucial. You must sign a contract before April 30. The closings must be complete by June 30. One of the best ways to make sure things go smoothly is to get pre-approved for a mortgage before you go home shopping. Pre-approval tells you, as well as the seller, exactly how much home you can afford. This way, you don’t waste your time or the seller’s.
• Negotiate without emotion. Potential buyers have lost the home of their dreams because they became competitive. If you’re negotiating for closing costs, housing price or anything else, make sure that your requests are reasonable. Don’t change something “just because.”
• Taxes must be mailed in. Due to people trying to scam the system, you won’t be able to file your taxes electronically; you’ll have to mail them in. Make sure you’re using the right forms, and, if you need your tax refund by a specific time, you might want to file early.
• Documentation is truly priceless. Again, thanks to scammers, buyers will have to include a signed mortgage statement, proof of residency and a driver’s license with their taxes.
You still have until April 30 to sign a contract on a Orlando home for sale to get the tax credit. Today’s real estate market is beneficial for buyers. Put it to work for you!
If you’d like to take advantage of the homebuyer tax credit, we can help. Call us right away at 407-876-5771 so we can beat the deadlines.
Rules for Rehabbing Orlando Real Estate, Part 2
In Rules for Rehabbing Orlando Real Estate, Part 1, you received the first five rules for rehabbing. Now, let’s go more in depth about how to rehab a home with the final six rules:
1. Check out the neighborhood. Before you do any work to the property, walk through the neighborhood and take note of the property exteriors. What kind of landscaping do they have? Which colors do you see on the front doors? What type of siding do most of the homes have? There is no point in spending extra money for amenities the other homes don’t have.
2. Start with the exterior. If you begin your work on the outside, you will already create interest in people watching you work. This also tends to be relatively simple work. Trim the shrubs. Replace dead plants. Weed the flower beds. Paint the home’s exterior and window trim.
3. Tackle the interior. You have two options for working inside: complete specific tasks throughout the entire home or work in individual rooms. Some people like to see the progress of completing a room; others like to see entire tasks, like painting, done at one time. No matter what you choose to do, start by removing the carpet. Take down switch plates. Remove the interior doors. Repair the walls. Fill in nail holes. Paint everything in neutral earth tones.
4. Update kitchens and bathrooms. Check the plumbing. If you need to, install a new toilet, sink, or bathtub. Replace the fixtures and hardware. Replace or paint the cabinets. Go ahead and install new counter tops. They are worth the minor cost.
5. Replace or repair floors. After the painting and installation is finished, start working on the floors. Hire a professional to install new carpet and padding. Replace or repair any other floors that are in need of work.
6. Sell it. You can either move in to the home or put it on the market. If you sell the home, calculate your costs and check with a Orlando real estate agent about the home’s market value. Begin advertising it for sale. Hire a real estate agent to help bring buyers to the home.
Rehabbing a home is a great way to create the ideal home for you or to make money as a real
estate investor. Call us today at 407-876-5771 for more tips on rehabbing your Orlando real estate.
1. Check out the neighborhood. Before you do any work to the property, walk through the neighborhood and take note of the property exteriors. What kind of landscaping do they have? Which colors do you see on the front doors? What type of siding do most of the homes have? There is no point in spending extra money for amenities the other homes don’t have.
2. Start with the exterior. If you begin your work on the outside, you will already create interest in people watching you work. This also tends to be relatively simple work. Trim the shrubs. Replace dead plants. Weed the flower beds. Paint the home’s exterior and window trim.
3. Tackle the interior. You have two options for working inside: complete specific tasks throughout the entire home or work in individual rooms. Some people like to see the progress of completing a room; others like to see entire tasks, like painting, done at one time. No matter what you choose to do, start by removing the carpet. Take down switch plates. Remove the interior doors. Repair the walls. Fill in nail holes. Paint everything in neutral earth tones.
4. Update kitchens and bathrooms. Check the plumbing. If you need to, install a new toilet, sink, or bathtub. Replace the fixtures and hardware. Replace or paint the cabinets. Go ahead and install new counter tops. They are worth the minor cost.
5. Replace or repair floors. After the painting and installation is finished, start working on the floors. Hire a professional to install new carpet and padding. Replace or repair any other floors that are in need of work.
6. Sell it. You can either move in to the home or put it on the market. If you sell the home, calculate your costs and check with a Orlando real estate agent about the home’s market value. Begin advertising it for sale. Hire a real estate agent to help bring buyers to the home.
Rehabbing a home is a great way to create the ideal home for you or to make money as a real
estate investor. Call us today at 407-876-5771 for more tips on rehabbing your Orlando real estate.
Rules for Rehabbing Orlando Real Estate, Part 1
If you watch television home improvement shows, you’ve surely seen shows about rehabbing homes. When you buy Orlando real estate that needs repairs, you can get it for a great price and build instant equity once the work is complete. Whether you decide to live in the rehabbed home or sell it, you've gotten a good deal.
Here are the first five rules for rehabbing Orlando real estate:
1. Buy low. The good news is that homes needing work usually already have discounted prices. You want to buy the home for as little as possible because you are going to have to spend more money rehabbing the home.
2. Have a budget. You need to know before you begin the project exactly how much money you have to spend. Include the cost of the house, labor costs, permits, and the price of materials. Don’t leave out anything, and do everything in your power to stick to the budget you set.
3. Take good notes. Walk through the home with at least a flashlight and a way to write down notes. Count the number of windows, doors, and rooms. Write down anything you see that will need to be replaced or repaired, including flooring, walls and ceilings. Include anything that seems out of the ordinary to you. These notes will help you plan your rehab.
4. Be realistic. Many buyers underestimate the amount of time and money it will take to rehab a home. Round your expected costs up to the nearest $5000. Set aside part of your budget for problems that may arise during the rehab. You never know when a wall is hiding a structural defect that you will have to repair. Keep your timeline flexible.
5. Hire professionals. You will be able to do some of the work yourself, but you will need professional help for some of the work. Find a good plumber, electrician, carpenter, and roofer. Negotiate prices with them and never pay them for all the work until the job is completed.
Looking for homes to rehab? we can help. Call us today at 407-876-5771 for more information about rehabbing Orlando real estate.
Here are the first five rules for rehabbing Orlando real estate:
1. Buy low. The good news is that homes needing work usually already have discounted prices. You want to buy the home for as little as possible because you are going to have to spend more money rehabbing the home.
2. Have a budget. You need to know before you begin the project exactly how much money you have to spend. Include the cost of the house, labor costs, permits, and the price of materials. Don’t leave out anything, and do everything in your power to stick to the budget you set.
3. Take good notes. Walk through the home with at least a flashlight and a way to write down notes. Count the number of windows, doors, and rooms. Write down anything you see that will need to be replaced or repaired, including flooring, walls and ceilings. Include anything that seems out of the ordinary to you. These notes will help you plan your rehab.
4. Be realistic. Many buyers underestimate the amount of time and money it will take to rehab a home. Round your expected costs up to the nearest $5000. Set aside part of your budget for problems that may arise during the rehab. You never know when a wall is hiding a structural defect that you will have to repair. Keep your timeline flexible.
5. Hire professionals. You will be able to do some of the work yourself, but you will need professional help for some of the work. Find a good plumber, electrician, carpenter, and roofer. Negotiate prices with them and never pay them for all the work until the job is completed.
Looking for homes to rehab? we can help. Call us today at 407-876-5771 for more information about rehabbing Orlando real estate.
Saturday, February 6, 2010
Introducing Web Ranking SEO
"We Would Like to Share our Internet Marketing - Secret Weapon"
Web Ranking SEO is a professional search engine optimization (SEO), search engine marketing (SEM), Internet marketing company located in Orlando, Florida. We provide full website analysis & optimization services like paid search, local search, nationwide search, e-commerce, link building, lead conversion, social media, blog and video promotion.
"We Would Like to Share our Internet Marketing - Secret Weapon"
Web Ranking SEO is a professional search engine optimization (SEO), search engine marketing (SEM), Internet marketing company located in Orlando, Florida. We provide full website analysis & optimization services like paid search, local search, nationwide search, e-commerce, link building, lead conversion, social media, blog and video promotion.
Visit WebRankingSEO
FREE Proposal - If you want to see high PageRank for your website, high quality customers, lead conversions and a sound online presence, then you need our help.
FREE SEO E-Book - Webrankingseo offers a comprehensive e-book that will simplify your quest for knowledge on the various aspects of SEO and Internet Marketing. Also included are many valuable tips, common mistakes, insider secrets and a wealth of information all FREE of charge
FREE SEO E-Book - Webrankingseo offers a comprehensive e-book that will simplify your quest for knowledge on the various aspects of SEO and Internet Marketing. Also included are many valuable tips, common mistakes, insider secrets and a wealth of information all FREE of charge
Tuesday, January 5, 2010
Get Rid of Clutter in Your Orlando Homes
Getting rid of clutter in your Orlando homes can be a challenge for anyone. We are overwhelmed with junk mail, paper from our children’s school, bills, magazines, trinkets, toys and clothes. It can be difficult to sort through the mess to determine what we really need. Even when the clutter is all sorted, new clutter seems to replace it overnight. There are several ways that you can get rid of the mess in your home.
• Start in one room and finish it. It can be overwhelming to try to organize a whole house. Start in one room and go through it. Discard things that you have not used in the last six months. If you have not worn it or used it in that time, then you don’t need it. Discard all broken or stained items. You aren’t going to fix them, or you would already have done it.
• Throw things away. Don’t set things aside to sort later, just in case you may need it. When sorting, make a bin of items to keep and a bin of things to throw away. Getting in the habit of discarding unneeded items can be difficult at first, but it will drastically cut down on clutter in your Orlando homes.
• Give things away. Get rid of clutter and help those in need by donating items that you're no longer using.
• Label your storage bins. Many times clutter develops because there is no set place to put things. For instance, in the toy room, have individual storage bins for toy cars, railroad tracks, dolls and crayons. Each bin should be clearly labeled so that all family members can participate in putting things where they’re supposed to go. With young children, it may be helpful to take a picture of the items that go in the bin, and tape it to the front of the container.
It’s easy to have clutter free Orlando homes using these organizing tips.
If your home is already organized, but you still don't have enough room, it may be time to buy a larger home. we can help. Call us today at 407-876-5771 for more information.
• Start in one room and finish it. It can be overwhelming to try to organize a whole house. Start in one room and go through it. Discard things that you have not used in the last six months. If you have not worn it or used it in that time, then you don’t need it. Discard all broken or stained items. You aren’t going to fix them, or you would already have done it.
• Throw things away. Don’t set things aside to sort later, just in case you may need it. When sorting, make a bin of items to keep and a bin of things to throw away. Getting in the habit of discarding unneeded items can be difficult at first, but it will drastically cut down on clutter in your Orlando homes.
• Give things away. Get rid of clutter and help those in need by donating items that you're no longer using.
• Label your storage bins. Many times clutter develops because there is no set place to put things. For instance, in the toy room, have individual storage bins for toy cars, railroad tracks, dolls and crayons. Each bin should be clearly labeled so that all family members can participate in putting things where they’re supposed to go. With young children, it may be helpful to take a picture of the items that go in the bin, and tape it to the front of the container.
It’s easy to have clutter free Orlando homes using these organizing tips.
If your home is already organized, but you still don't have enough room, it may be time to buy a larger home. we can help. Call us today at 407-876-5771 for more information.
Stay Safe When Working With Electricity In Your Orlando Home
Chances are you’ll have to work with electricity in your Orlando home at least once. You might have to replace a broken ceiling fan or install a garbage disposal. Always keep these things in mind when with working with electricity:
• Turn off the power at the main panel box. If you only flip off the switch, you’re in danger of receiving an electrical shock that could prove fatal.
• Use a voltmeter to test the wires after you shut off the power.
• Thoroughly read all the instructions, including the safety information, that come with the item you’re going to install.
• Wear protective equipment like goggles and use only materials intended specifically for that purpose.
• Have an inspector out to look at your work. It’s better to err on the side of caution with electricity. For some projects, you may need to hire a licensed electrician.
After you finish the project, it’s a good time to inspect the electrical system in your Orlando home for safety. You’ll want to look it over each time the seasons change to ensure that the system is in good working order.
• Look for any frayed or discolored wiring on the cords to your electrical appliances. If you see anything unusual, you may need to call an electrician to further evaluate the situation.
• Inspect your home’s power outlets for cracks or loose plates.
• Make sure that extension cords and other plug-ins aren’t overloading the outlet.
• Always run extension cords along the side of the wall, taking care not to place the cord across a doorway, causing a walking hazard.
• Keep all heat-producing appliances, like lamps, away from combustible materials like drapes.
You can work with electricity safely by following these guidelines.
Get more home maintenance tips like this delivered free to your email inbox by subscribing to this blog.
• Turn off the power at the main panel box. If you only flip off the switch, you’re in danger of receiving an electrical shock that could prove fatal.
• Use a voltmeter to test the wires after you shut off the power.
• Thoroughly read all the instructions, including the safety information, that come with the item you’re going to install.
• Wear protective equipment like goggles and use only materials intended specifically for that purpose.
• Have an inspector out to look at your work. It’s better to err on the side of caution with electricity. For some projects, you may need to hire a licensed electrician.
After you finish the project, it’s a good time to inspect the electrical system in your Orlando home for safety. You’ll want to look it over each time the seasons change to ensure that the system is in good working order.
• Look for any frayed or discolored wiring on the cords to your electrical appliances. If you see anything unusual, you may need to call an electrician to further evaluate the situation.
• Inspect your home’s power outlets for cracks or loose plates.
• Make sure that extension cords and other plug-ins aren’t overloading the outlet.
• Always run extension cords along the side of the wall, taking care not to place the cord across a doorway, causing a walking hazard.
• Keep all heat-producing appliances, like lamps, away from combustible materials like drapes.
You can work with electricity safely by following these guidelines.
Get more home maintenance tips like this delivered free to your email inbox by subscribing to this blog.
The Clock is Ticking on that Home for Sale in Orlando – Again
Once again, the clock is ticking for first-time home buyers to get a home for sale in Orlando before the tax credit runs out. Extended in November, 2009, the first-time buyers’ tax credit is set to expire in April, 2010, and there are no plans for another extension.
What does this mean for you? If you’re a home seller, it’s time to look over your home for sale in Orlando, make sure all your t’s are crossed, i’s are dotted and that you’ve done everything you can to put your home at the front of the buying line. If you’re a first-time or repeat buyer hoping to take advantage of the credit, it’s time to start looking for your new home; the binding sales contract has to be signed by April 30, 2010.
Making the Buying Process Easier
Many times, the buying process can take forever. Red tape, failing negotiations and more has caused several possible sales to fall through. So, what can you do to make the buying process easier? Here are a few tips:
1. Find out if you qualify for the first-time or repeat buyer tax credit. The home buyer requirements are many. If you can’t afford to buy a home without the tax credit, make sure you qualify.
2. Shop for lenders before hand. Choosing a mortgage lender can be a lengthy process, so finding one you want to use before you start looking for a home will cut down on the time it takes to buy the house.
3. Get pre-approved. Getting pre-qualified is the first step in the loan process, but it’s based on an estimate, not verified facts. By getting pre-approved for a mortgage, you know exactly how much you qualify for, and how much house you can afford. Because this is a large part of the buying process, once you’re pre-approved, the lender can expedite the rest of the deal for a quicker closing.
4. Negotiate wisely. Remember that you’re on a time-line and try not to let negotiations with the seller turn into a contest of wills. Yes, negotiate, but make sure your counteroffer on the home is realistic.
Buying a great home for sale in Orlando before the tax credit expires is definitely possible, even with only four months to go. Following the tips outlined above can make the sale go as smoothly and quickly as possible.
Have questions about the home buyer tax credit? We can help. Call us now at 407-876-5771.
What does this mean for you? If you’re a home seller, it’s time to look over your home for sale in Orlando, make sure all your t’s are crossed, i’s are dotted and that you’ve done everything you can to put your home at the front of the buying line. If you’re a first-time or repeat buyer hoping to take advantage of the credit, it’s time to start looking for your new home; the binding sales contract has to be signed by April 30, 2010.
Making the Buying Process Easier
Many times, the buying process can take forever. Red tape, failing negotiations and more has caused several possible sales to fall through. So, what can you do to make the buying process easier? Here are a few tips:
1. Find out if you qualify for the first-time or repeat buyer tax credit. The home buyer requirements are many. If you can’t afford to buy a home without the tax credit, make sure you qualify.
2. Shop for lenders before hand. Choosing a mortgage lender can be a lengthy process, so finding one you want to use before you start looking for a home will cut down on the time it takes to buy the house.
3. Get pre-approved. Getting pre-qualified is the first step in the loan process, but it’s based on an estimate, not verified facts. By getting pre-approved for a mortgage, you know exactly how much you qualify for, and how much house you can afford. Because this is a large part of the buying process, once you’re pre-approved, the lender can expedite the rest of the deal for a quicker closing.
4. Negotiate wisely. Remember that you’re on a time-line and try not to let negotiations with the seller turn into a contest of wills. Yes, negotiate, but make sure your counteroffer on the home is realistic.
Buying a great home for sale in Orlando before the tax credit expires is definitely possible, even with only four months to go. Following the tips outlined above can make the sale go as smoothly and quickly as possible.
Have questions about the home buyer tax credit? We can help. Call us now at 407-876-5771.
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