Orlando Short Sales & Foreclosures » Real Estate Investors

Should I purchase Orlando Real Estate now?

admin — Thu, 17 Jun 2010 08:09:23 +0000

Should I invest in Orlando Real Estate?

The quick reply is Yes! The old adage applies in Orlando Real Estate as it does in the general investment arena – Buy Low and Sell High. We all know the Orlando Real Estate arena certainly has a major “correction” of late. If you are purchasing for the long term, now just might be the right time.

There is no time like the present to take advantage of the many attractive Orlando properties that are currently available – either for the long term, or simply to hold until prices recover. Many in the Real Estate industry feel that judicious investment now will be very lucrative in the near future. Looking for factors that might help your Orlando Real Estate investment plan might include:

Distressed Orlando properties with “good bones” are a good choice
Repair any structural repairs – roofing, painting, gutters etc
Determine and make the interior upgrades that will result in the greatest return
See if you can determine a current Orlando owner who has too many irons in the fire – they my well be ready to divest themselves of a particular property at a good price
Treat the property as a rental unit until the market improves
When the market returns to a level you are comfortable with – Sell

However, you might just decide the rental income is so attractive that you end up keeping the property in your Orlando portfolio. Whether you decide to keep the Orlando property long term or if you determine that selling short term is the answer – it is a very good time to purchase investment property.

Thinking of purchasing an Orlando property? Need assistance finding that right home?

We’re experts at putting people together with homes they love and can afford.

Contact us today for information on Orlando and Seminole County real estate, Orlando & Seminole County homes for sale, Orlando & Seminole County relocation information, a free market analysis of your Orlando area or Seminole County home or statistics on homes in Orlando & Seminole County Florida or the surrounding Central Florida area, including Seminole County, Orange County, Lake County and Volusia County.

We’re always available to answer your questions.

Investing in Orlando Foreclosure Properties

admin — Sun, 13 Jun 2010 15:14:47 +0000

Many property buyers today are interested in foreclosed properties when they think of investing in Real estate. Often these properties can be purchased at better prices and can offer a better return on investment. If you are interested in foreclosure investing there are some things you should be aware of. Be sure to take advantage of existing tools that are available to investment buyers.

Before getting involved in property investment take a moment to determine your financial means, what your short and long-term goals are, and ask yourself if you have the time, energy and fortitude that is required to be successful.

Foreclosure Listings

Identifying sensible choices of foreclosure homes is critical. Sources include the classified ads, word of mouth, your local realtor, or by going on line and searching for Orlando foreclosure listings. Subscribing to one of these on-line sources might save you time. It can be a good idea to sign up for a trial subscription to make sure the sight offers what it advertises.

Online Mortgage Calculators

This is a valuable tool that can quickly let you determine if you can afford a foreclosure property and give you information on monthly payments. idea of how much you will be making.

Market Watch

These internet sites provide data on local market conditions and a wealth of other information. If you are thinking about buying foreclosure houses, it is necessary for you to be aware of local market conditions. There are many sites to choose from that will help you to determine what, when, and why certain properties might be right for your goals.

Is A Short Sale Right for Your Situation? Find out today: If you live in Central Florida, contact The Orlando Property Group, your experienced short sales agents, specializing in real estate in Lake, Seminole, Orange, and Volusia Counties.

Seaching for a great real estate value in Central Florida? Need help with a short sale? Call or email me TODAY to go over your options!!!!!! Looking for specific information regarding Orlando Florida real estate prices and communities? Get Your Free Market Snapshot Read Also: Orlando Florida Relocation Resource Guide Read Also: Business 2.0 Magazine has named Orlando the number 1 hottest market with America’s best jobs. Read Also: Orlando Florida Facts & Resources Read Also: Orlando Florida City – Everything You Need To Know! If you are wanting to sell your Seminole County or Orlando area home in the next 6 to12 months, now is the time to begin putting your plan into place while time is still on your side. Please contact us for any real estate assistance you may need. We’re experts at putting people together with homes they love and can afford. Contact us today for information on Orlando and Seminole County real estate, Orlando & Seminole County homes for sale, Orlando & Seminole County relocation information, a free market analysis of your Orlando area or Seminole County home or statistics on homes in Orlando & Seminole County Florida or the surrounding Central Florida area, including Seminole County, Orange County, Lake County and Volusia County. We’re always available to answer your questions.

Evaluating Orlando Homes For Sale

admin — Tue, 01 Jun 2010 14:28:21 +0000

Prospective Orlando home buyers should pre-determine some basic requirements before starting to look at homes in the Greater Orlando area. That said, very often a home will have some of the features you want and be lacking in others. Sometimes a buyer will be drawn to one house over another because the house feels comfortable and inviting. While this feeling shouldn’t be ignored, you should evaluate the house on its merits and how it meets the needs and wants you have pre-determined. The internet and your realtor can help you select homes to view.

Does the home meet your basic requirements?
Is the location in your targeted area?
Is the home priced in your comfort area?
How many of your “wants” vs needs does the house have?
Can any of the lacking “needs” or “wants” be easily added later?
Does the flow of house work for you and your family?
Does the price of the home allow for you to take on repairs and changes that you feel would be necessary? Especially the kitchen which is expensive to update.
Look past paint colors and the owners decorating style, as the paint is easy to change and they’ll take their items with them when they move.
If you are interested in a particular home, drive past it at different times of the day so you can see the street activity at those times. This will show you if there are children playing, what the street noise is, and if traffic will be an issue.

Once you’ve found the house you want to buy, be sure to view it again before the final decision is made. Try to take the emotion out of your decision – can you afford it, is the location really what you want, and are most of your “needs” met. Your Realtor can give you information on the home and help you in negotiating a price, but of course the final decision is up to you.

How to Lose a Short Sale

admin — Sat, 03 Apr 2010 02:24:39 +0000

How to Lose a Short Sale
Ways of Irritating Lenders-and Loosing a Short Sale

Why do banks even consider taking a short sale? They will be loosing thousands of dollars and they already have the right to foreclose. There are many reasons banks have for wanting a short sale to go through, even though they will be loosing money on the sale. If the owner does not do a short sale, they will more than likely be going into foreclosure very quickly. A foreclosure for a bank is a costly and frequently takes months to get done. In a normal market that might not be that bad, but I our current condition with foreclosures causing the prices of homes to plummet a wait of 4 months could cause the value of the property to drop thousands of dollars.

So why if it is in their best interest to do short sales, do banks frequently loose buyers by taking far too long to respond to an offer, not calling the agents back when they say they will, not approving a sale even though they previously said the bank would take that sales price? It really comes down to how the bank has been approached by the agent.

Banks are people too! If you had an irate rude person calling your office everyday and complaining about how terrible you are doing your job how hard would you fight to get them a good deal? You wouldn’t, you would “accidently” loose their paperwork and let them stew in their own juices. Now imagine you had 15 people a day calling you and yelling and criticizing you. Then one person calls and is nice, one person is considerate of you time and energy; how well would you treat them?

Orlando Real Estate Investors Look to Short Sales for Highest Profit

admin — Wed, 31 Mar 2010 03:11:42 +0000

Orlando Real Estate Investors Look to Short Sales for Highest Profit

Orlando Real Estate Investors Look to Short Sales for Highest Profit

When times are tough intelligent people look to the lessons from the past to see a safe path to the future. When the Great Depression happened the people who were able to not only survive but prosper in much harder economic times then we are facing were those who turned to Real Estate as their primary investment.

Consider the 20’s with a massive gain in economic growth, the easy availability of credit. The country was seduced by huge industrial growth, and the riches that came with stocks and bond investments. Then it all came crashing down. Media reports of suicide and massive poverty were everywhere, but some people were able to flourish in such an environment. Some of these people made so much money their children’s children will never have to work. Those people are the models for what to do today. These people are real estate investors.

So how did they do it? What can we invest in that will produce lifetimes of wealth? Buying land for pennies on the dollar will lead to great wealth. This concept has been proven over and over. Right now we have the lowest interest rates for 50 years and amazingly low house prices to match. For the first time in 10 years for most of the country we are able to buy rentals and have them cash flow!

Whether you choose to buy a short sale (one of the best ways to get an excellent deal) a foreclosure or find a motivated seller, investing you hard earned dollars in Real Estate will produce wealth beyond your wildest dreams. Don’t let this rare time of investment opportunity pass you by.

Contact a qualified Orlando Real Estate Professional today!

Searching for a great real estate value in Central Florida? Need help with a short sale? Call or email me TODAY to go over your options!!!!!! Looking for specific information regarding Orlando Florida real estate prices and communities? Get Your Free Market Snapshot Read Also: Orlando Florida Relocation Resource Guide Read Also: Business 2.0 Magazine has named Orlando the number 1 hottest market with America’s best jobs. Read Also: Orlando Florida Facts & Resources Read Also: Orlando Florida City – Everything You Need To Know! If you are wanting to sell your Seminole County or Orlando area home in the next 6 to12 months, now is the time to begin putting your plan into place while time is still on your side. Please contact us for any real estate assistance you may need. We’re experts at putting people together with homes they love and can afford. Contact us today for information on Orlando and Seminole County real estate, Orlando & Seminole County homes for sale, Orlando & Seminole County relocation information, a free market analysis of your Orlando area or Seminole County home or statistics on homes in Orlando & Seminole County Florida or the surrounding Central Florida area, including Seminole County, Orange County, Lake County and Volusia County. We’re always available to answer your questions.

Purchasing a Condo?

admin — Thu, 11 Mar 2010 00:46:39 +0000

Questions every Orlando Condo Buyer should ask the Board of Directors before they purchase!

INTERVIEWING A CONDOMINIUM BOARD

When you buy a condo, you will join the Home Owners Association. An HOA is comprised of all the owners of the units who establish and administer the rules and regulations that will be observed. These rules and regulations cover a variety of areas, but it is important for you do know from the beginning what they are and how they may affect you now and in the future.

When you have narrowed your condo choices down it is important that you take the time and effort to carefully review they by-laws and ask the necessary questions to determine which condo association fits your expectations. It just may make that final decision an easier one to make. Your lawyer can assist you if you have questions.

Condominiums can run into trouble if a number of units are facing foreclosure or there are members no paying the HOA dues. When this happens financial reserves are depleted resulting in insufficient funds to finance the day-to day operation of the condo or complete important major upgrades that have been planned. This has occurred in some areas across the country.

Read Also: Long Beach Condo Buyers Beware!

Florida Foreclosures are Back!!

admin — Sat, 09 May 2009 19:23:46 +0000

March activity showed a record level of foreclosures hitting the market. Third quarter filings are at 46percent higher than the same period last year.

This surge has a known cause though. Lenders have lifted the temporary moratoriums and resumed legal actions against delinquent mortgage holders.

Default notices, auction sale notices and bank repossessions were reported on 341,180 properties in March, 46% more than a year ago and 17% more than February’s total.

Experts have reported nearly 804,000 homes nationwide, or one in 159 U.S. housing units, received at least one foreclosure-related notice from January through March. This amount was up from about 650,000 in the same period a year earlier.

The unstable job market and faltering economy are magnifying the housing crisis, as delinquent mortgages and foreclosure inventories continue to grow.

With the Obama plan details now available big mortgage finance companies such as Fannie Mae and Freddie Mac’s temporarily halted foreclosures, the mortgage industry has begun foreclosing on ineligible borrowers.

Nevada, Arizona, California and Florida continue to top the nation’s foreclosure rates. Expectations were that there would be a spike of foreclosures in March, but the numbers were much higher than previous months.

This is a great opportunity for home buyers and investors who qualify for loans to get great bargains on bank-owned foreclosures.

For information on great real estate buys in Orlando and nearby suburbs,
contact the Orlando Property Group, your short sale and luxury home specialists.

Or Search Now for Real Estate & Homes in the Orlando Florida Area

Looking for specific information regarding Orlando Florida real estate prices and communities? Get Your Free Market Snapshot

Read Also: What is a Real Estate Professional?

Read Also: Why Are FHFA Home Prices Rising?

If you want to sell your Seminole County or Orlando area home in the next 6 to12 months, now is the time to begin putting your plan into place while time is still on your side. Please contact us for any real estate assistance you may need.

We’re experts at putting people together with homes they love and can afford. Contact us today for information on Orlando and Seminole County real estate, Orlando & Seminole County homes for sale, Orlando & Seminole County relocation information, a free market analysis of your Orlando area or Seminole County home or statistics on homes in Orlando & Seminole County Florida or the surrounding Central Florida area, including Seminole County, Orange County, Lake County and Volusia County. We’re always available to answer your questions.

Attracting buyers for your Orlando home for sale

admin — Mon, 02 Feb 2009 01:42:55 +0000

WORDS HAVE AN IMPACT IN MARKETING YOUR ORLANDO HOME

Just as a resume’s main function is not to get you the job, but to land you an interview, the words you use when describing your home is not to get the sale, they are used to spark enough interest so that prospective buyers will want to see your home. If they don’t see your Orlando home there is no shot in them buying it!

If three or four homes have the same features , are location friendly and fall into the targeted price range, then you want to be sure the words you use single your Orlando house out as the one they decide to tour. After pricing your home correctly, it is your presentation that will affect your sale the most.

If these do describe your home, then you might also want to encourage buyers who are up to doing their own work with applicable additional positive phrases such as good bones, great period architecture, fantastic location, or huge wooded lot.

If there are expensive items that have been done in the home mention them specifically, as in :

new roof
new driveway
new furnace/air conditioning

If some are the major expense items have been done, it might encourage your handyman to take a look at the property. On the other hand, if you have a desirable home that is competing with all the other desirable homes, you have to make an effort for your words to describe your Orlando home so that you increase the buyer’s likelihood to view your home.

It is important that the words you use must accurately describe your Orlando home. In today’s world if you have done anything to “green” your Orlando home, mention that item. There are many young Orlando buyers who have an intense interest in conservation and things “green”.

Obviously you cannot use each and every word or phrase that describes your Orlando home, but be sure to select the features that are unique and best highlight your home.

Thinking of selling Your Orlando home? Find out today: If you live in Central Florida, contact

We’re experts at putting people together with homes they love and can afford.

We’re always available to answer your questions.

Orlando Short Sales & Foreclosures » Real Estate Investors

Should I purchase Orlando Real Estate now?

Should I invest in Orlando Real Estate?

Investing in Orlando Foreclosure Properties

Evaluating Orlando Homes For Sale

How to Lose a Short Sale

Orlando Real Estate Investors Look to Short Sales for Highest Profit

Orlando Real Estate Investors Look to Short Sales for Highest Profit

Purchasing a Condo?

INTERVIEWING A CONDOMINIUM BOARD

Read more about Questions to ask a Condo Board »

Florida Foreclosures are Back!!

Attracting buyers for your Orlando home for sale