Real Estate Agent Blog (www.BuyVacationCondos.com & www.LANDDepo.com) 407-876-5771 A website Built by Real Estate Investors for Investors Buy Vacation Condos - LAND Depo: Orlando, Florida & North Carolina investment properties and new homes for sale. Buy Orlando vacation property and investment homes in FL. Professional real estate services includes realty listings, local information and free advice for buyers and sellers
Friday, October 09, 2009
How To Get a Great Deal on a Orlando Vacation Property
Have you often wondered what it would be like to own a beautiful vacation property in your desired getaway spot? Have you been reluctant to take the final step due to the inflated prices of such properties? Well, now is the ideal time to take action! In fact, given the current reduction in home prices, you could actually stay at your favorite vacation destination the entire year if you wanted to! This is due to the fact that great homes have been going through the distress sales process in a variety of vacation hotspots throughout the country. As a result, the prices of such properties have dropped dramatically. Your Dream home is no longer a dream, but closer than ever to becoming a reality.
So how do you make a great vacation buy? What are the top destinations for vacation foreclosures? Find the answers to these questions and learn more about why the time is right for investing in vacation homes in the FREE series of "Distress Properties Reports for Vacation Home Buyers".
Click Here to View Video Reports
Foreclosure Investment Secrets for Florida Real Estate Investors
The golden rule when investing – be it in real estate, stocks or anything else – is to “buy low, sell high”. Given the current economic conditions, this advice is highly relevant especially if you are an investor interested in getting the most worth for your money. As a result, distress properties are definitely the right choice for you!
You are probably already aware that to make a good investment, the timing of your purchase is a very important factor. But do you know the details of investing in a changing real estate market? Are you aware of the different types of distress properties and the merits of each? For example, pre-foreclosure properties in particular are the most ideal real estate opportunity for investors wanting to close a deal quickly. On the other hand, if you are a novice investor, foreclosure properties would be most appropriate for you. The FREE series of “Distress Properties Reports for Investors” will help you learn about various aspects of investing in distress homes, and assist you in making the most well-informed decisions.
Click Here to View
Thursday, October 08, 2009
FREE Real Estate Video Reports - Foreclosure Secrets Revealed
These Deals Won't last Forever!
In today's market, distress and foreclosure properties are the hottest ticket when it comes to purchasing real estate. Price reductions have created a true "buyer's market". This means that prices are lower than ever, and buyers can find fantastic deals that would not be available under regular circumstances!
It is crucial to have a solid understanding of how to purchase the right kind of distress property if you want to take advantage of the great deals out there.
So, let's get started. Whether you are a first time buyer who is new to the process, or a veteran investor who has been through it all before. These exclusive video reports on Foreclosures are sure to include something you were not aware of. And the best part: they're free.
Just click on any one of the video topics below to get started.
Introducing our New Orlando Realty Website - Orlando Real Estate Associates
OrlandoRealEstateAssociates.com is a group of exceptional Orlando real estate agents who have developed an unique Home Selling System specializing in foreclosure homes and short sales. Contact us for all Orlando real estate services.
The Orlando Real Estate Associates and Home Selling Team covers the Orlando - Kissimmee metro areas. Orlando Central Florida Counties include: Orange County, Seminole County, Osceola County, Polk County and Lake County.
Friday, October 02, 2009
5 Steps to Finding Your Perfect Orlando Real Estate Agent
Ask about experience
Although many new Orlando real estate agents are good at what they do, ideally, you want to work with an experienced expert. Someone with extensive experience can efficiently get through the process and streamline the fine details.
Confirm costs
Before getting in too far, find out if you are both on the same page when it comes to costs. Make sure to outline everything in writing ahead of time. This way you eliminate surprises in fees later.
Discuss turnaround time
Find out whether or not your Orlando real estate agent can find or sell a property within the timeframe you desire. Many factors can affect such turnaround, but it's good to discuss these details in the beginning to help you get a feel for your agent's track record.
Inquire about online listings
These days, 80% of home buyers start by viewing listings online. Make sure your agent has the capability to show you homes online and showcase your home for sale online. If not, this may be a sign that their office is not up to date.
Check availability
Learn about your agent's schedule. If he or she is splitting real estate time with another job, you need to know that upfront. This will help you determine whether or not this agent has the commitment you're looking for.
Finding the right Orlando real estate agent can take some time. It’s worth the effort to secure the most capable person for the job.
We would love to have the opportunity to interview for the job as your real estate agent. Call us today at 407-876-5771.
Renting Out Your Orlando Vacation Real Estate
- If you don’t feel like claiming rental income on your taxes, you can’t rent the vacation home out for more than fourteen days in a year. Instead, you treat it as a personal residence and just deduct your mortgage interest and property taxes.
- If you want to be able to deduct your rental expenses, you can rent the home for more than fourteen days. However, if you do, you then step into the world of being a landlord. This also means you have to report the income gained from the rent. Once a landlord, you’ll have to keep track of how much you use the property for personal use and how often you rent it out, then figure the costs for each.
- If you rent the home out for more than fourteen days, but live in it more often than you rent, it’s still your personal residence. As a personal residence, you can take out rental expenses that are less than, or equal to, your rental income. So, if your yearly rental income is $20,000, you can claim up to $20,000 of your rental expenses on your taxes, but you can’t deduct your losses.
- If you rent the home more than you live in it, it’s a business. As a business, you can claim your expenses and, possibly, as much as $25,000 in losses per year.
- The IRS uses the term “personal use”, but personal use is a somewhat broad term. The days of personal use that go towards the “10% more than renting” can include any day that you or family members are using the house. Personal use also includes the time that a family member is renting the home from you, you rent it out for less than it’s worth or you donate the use of the house.
If you decide to rent out your Orlando vacation real estate, make sure you do you research, talk to your real estate agent, accountant or attorney and have all your t’s crossed and i’s dotted. If you’re knowledgeable, that vacation home may just pay for itself!
If you’re looking for a great vacation home or rental property, we can help. Call me us at 407-876-5771 for more information.
Tuesday, September 15, 2009
New Florida Real Estate Blog of Interest
The purpose of this blog is to provide useful real estate information, which will assist both buyers and sellers. We will provide you with valuable market updates, statistical data and new trends as they develop. Many consumers find it difficult to locate the information they need when looking to buy and sell a home. This site is being provided as a free service to assist buyers and sellers in the Florida housing market make informed real estate decisions. In order to better educate and inform buyers and sellers, we will continue to develop and provide a set of comprehensive FREE Florida Real Estate Reports as a FREE No-Obligation service to our visitors. In the hope, you who visit this site and in turn, consider us in order to assist you in the purchase or sale of your home.
We truly hope that you find our blog postings, information, tools and resources helpful and we look forward to building a potential business relationship in the future.
Tuesday, September 01, 2009
Horror Stories to Avoid When Buying Orlando Real Estate
Exhibit A
Sheryl (name changed to protect the innocent) is exhibit A. Now, she thought she’d bought a nice house at a good price. Everything seemed to be perfect. The one place that Sheryl went wrong was forgetting to do a home inspection on that beautiful piece of Orlando real estate.
After a pleasant day of moving in, she went to take a shower. Turning on the faucet, she noticed the water pressure wasn’t what it should be. Ignoring the indications of worse yet to come, she flipped from faucet to shower. Only a few lonely, sad drips came from the showerhead. To compound the issue, she discovered that the washer didn’t have enough pressure to get her clothes clean, washing dishes was an exercise in futility and if a hose was turned on in the garden the second story toilet wouldn’t flush.
After much ado, many phone calls and two plumbers, Sheryl found that the beautiful tree in the front yard that had sealed the deal had also burst the pipes. She now had to pay to have the tree removed (it couldn’t be saved), as well as the pipe dug up and replaced. In addition, she owed the water company for all the water lost through the break.
The moral: Don’t skimp on the details just because you’re under pressure.
Exhibit B
Bob, a real estate agent (again, name changed), still loves open houses. They’re a big deal for him and he makes plenty of contacts that way. However, even Bob, who has been in the industry for years, forgot to do a last walk through before a certain open house started. Unfortunately, he and the potential buyers found an unpleasant surprise in the upstairs bathroom, deposited thoughtfully by the current owner. In trying to take care of the surprise, he found the toilet was blocked and the bathroom fan didn’t work. Needless to say, the potential buyers didn’t stick around to tour the rest of the house.
The moral: A short walk-through can save a lot of embarrassment.
With any Orlando real estate, there’s always the chance that you’ll miss something. A homebuyer’s checklist or home seller’s checklist is a great way to make sure you don’t. If you do, try to take what comes with a grain of salt, a lot of patience and as much of a smile as you can muster.
If you’re trying to find a great home without the horror, we can help. Call us at 407-876-5771 for more information.
Don’t Forget to Inspect the Orlando Homes for Sale!
What can you find out from a home inspection report?
Although many people do get a home inspection, just as many have a difficult time deciphering the reports to find out what’s serious and what isn’t. To make it worse, inspections vary from state to state. Fortunately, the National Association of Certified Home Inspectors, who has a list of inspectors all around the United States and Canada, has a specific set of guidelines.
General Inspection
A general inspection doesn’t require a specific license. It covers such things as:
Structure – how well the walls, ceiling, foundation and more are put together
Exterior evaluation – landscaping, elevation, drainage, windows
Plumbing – Checks the condition of piping and identifies the materials used
Roof and attic – framing, flashing, gutters, ventilation
Systems – water heaters, duct work, air conditioning, chimney, furnaces, sprinklers
Garage – Slab, firewall, garage door
Appliances – including smoke detectors
Electrical – main panel, types of wiring, grounding, circuit breakers, light fixtures and more
The inspection reports will state whether the Orlando vacation homes for sale have serious health and safety issues, bad or old roofs, systems malfunctions, foundation problems, and moisture and drainage problems.
Special Inspection
Some things require a specific license for inspection. Although you may not want to spend the extra money, these things can cause the “sick house syndrome” (people getting sick a lot for no recognizable reason). These problems should not be ignored:
-Asbestos
-Radon
-Formaldehyde
-Mold, mildew and fungi
-Rodents
-Lead
-Methane
-Radiation
Some issues aren’t big and can be dealt with fairly easily. Other things, however, are expensive fixes and usually deal breakers. Before you sign closing papers on one of the Orlando vacation property for sale, get that inspection done to find out what you’re really getting.
If you’re looking for a healthy home in good condition, we can help. Call us at 407-876-5771 for more information.
Friday, August 28, 2009
Mortgage Financing for Orlando Condo Hotels, Orlando Vacation & Investment Property
Good News!
We are fully aware of the difficulty condo hotel, resort vacation condo & investment property buyers have been facing, when securing mortgage financing. Many have been forced to use all cash for their purchases.
The good news is we have a new source of financing.
NON-Warrantable Condo Loan Program
- The down payment varies depending on your credit FICO score
- The down payment varies for Second homes and Investment Properties
- Offering Interest only and Fully Amortizing Mortgages
Call us for details 407-876-5771 Free Pre Approved
Friday, August 14, 2009
Orlando Real Estate July foreclosures up 37%
RealtyTrac, an online real estate listing business, reported 7,248 Orlando foreclosures in Orange, Seminole, Osceola and Lake counties last month, up from 5,286 a year earlier. The area had 6,667 foreclosures in June.
Florida’s foreclosure volume was second only to California in July as 56,486 Florida dwellings went into foreclosure during the month, rising from 45,884 in July 2008, a 23 percent increase.
Orange County had the greatest number of foreclosure activity in July with 4,150, 41.9 percent more than a year earlier. Seminole followed with 1,133, a 67 percent increase. Lake recorded 1,010 incidents of foreclosure activity, double the number last year. Osceola trailed with 955, 19 percent fewer than in July 2008.
Nationwide, the flood of foreclosure filings continued as 360,149 default notices, scheduled auctions and bank repossessions were reported on properties in July, an increase of nearly 7 percent from the previous month and an increase of 32 percent from July 2008. The report also shows that one in every 355 U.S. housing units received a foreclosure filing in July.
For the 31st consecutive month, Nevada recorded the nation’s highest state foreclosure rate, with one in every 56 housing units receiving a foreclosure filing in July — more than six times the national average. Vermont continued to be the lowest, with only 11 foreclosure filings in July, or one for every 28,312 housing units.
The RealtyTrac U.S. Foreclosure Market Report provides the total number of properties with at least one foreclosure filing reported between January-June of this year. Data is collected from more than 2,200 counties nationwide, accounting for more than 90 percent of the U.S. population. If more than one foreclosure document is filed against a property during the period, only the most recent filing is counted in the report.
Source: Orlando business Journal - Christopher Boyd
Need to Stop Foreclosure? Want to Save your Credit? We may have a solution - Florida Short Sale Center
Wednesday, June 10, 2009
New Search Tool: Orlando Investment Property - Orlando Vacation Property
Thursday, June 04, 2009
5 Characteristics You Want Your Orlando Real Estate Agents to Possess
When buying a home, of course everyone wants to work with a dynamic real estate agent. But sometimes, it's hard to know not only what talents you want in a real estate agent but also what you really need. While Orlando real estate agents differ, there are five traits you definitely want the agent you choose to work with to embody.
- Marketing skills – You need to work with an agent who knows the ins and outs of real estate marketing. If you have a house to sell, your agent should know how to market your home both online and offline. If you're buying a home, your agent should be aware of the latest and greatest homes on the market.
- Negotiating flair – Once you decide on a property, you don't want to overspend. A good agent will have the skills to get you the best deal around. With a good negotiator, you can have peace of mind knowing you won't be taken advantage of.
- Experience – This is understood. If you're working with Orlando real estate agents, you want them to be experienced. While there are some good people who are just getting started, nothing beats years of on-the-job training.
- Good listening skills – If an agent doesn't listen to exactly what you want, then there's no way he or she can give you the service you deserve. An agent with excellent listening skills is necessary if you want your goals met.
- Dedication – No matter how much experience or skills an agent has, it's essential that you choose someone who is ready to put in the time and commitment needed to get your deal done.
There are many Orlando real estate agents from which to choose. And you'll want to interview several agents to figure out the one who's right for you. We would be honored if you'd allow us to interview for the job of representing you as a buyer or seller.
Thursday, April 16, 2009
Florida Muitiple Listing Service - Statewide Florida MLS Search
All types Florida properties are included both new and resale: Florida Single Family Homes, Florida Condos, Florida Lofts, Florida Penthouses & Towers, Florida Town Homes, Florida Condo Hotels, Florida Vacation Income Properties, Florida Active Adult, Florida Lots, Florida Homesites & Florida Land.
Friday, March 27, 2009
Distress Homeowner Solution - Orlando Short Sales
Stop Foreclosure & Save Your Credit
Saturday, March 14, 2009
Website of Interest Toronto Real Estate Listings
Find all you need for toronto real estate listings, this is a top rated, quality website we recommend highly.
Saturday, January 10, 2009
Two new Top Orlando Real Estate Blogs
Topic Covered:
Orlando area Real Estate Blog - This website Blog is operated by a dedicated team of full time real estate associates who live in and service the Greater Orlando Area. This group of Top Producers have decades of experience to draw upon that will assist with any clients situation. Whether you are Looking to Buy or Looking to Sell, the Orlando Real Estate Associates can help.
Orlando Short Sales and Foreclosure Blog - We are a team of licensed Realtors and loss mitigation experts in Orlando who specialize in foreclosures, pre-foreclosures and the short sales of all types of property. There is much interest in the various stages of distressed properties these days. A lot of information, some good and some bad, is floating around. Our goal is to help provide some clarity and guidance on this complex subject.
Sunday, August 24, 2008
Florida Short Sale Center - Florida Short Sale Rgents
Florida Short Sale Agents – Florida Short Sale Realty
Stop Foreclosure and Save your Credit with a Short Sale
A short sale can help people who are behind on their mortgage payments, can no longer afford their homes, but want to avoid foreclosure regardless of good or bad credit. We have a team of certified short sale specialists, who can offer foreclosure prevention services and will negotiate with your lender to help save your credit.
Friday, June 20, 2008
Orlando Bargains: Orlando Bank Foreclosures, REO's & Short Sales
There's more evidence that buyers who'd been sitting on the sidelines are now jumping into the housing market: The Mortgage Bankers Association of America reports that in its national survey last week, applications for new, conventional loans to buy houses jumped by eleven percent -- and applications for FHA insured mortgages were up by seventeen percent!
If you're thinking about picking up steeply-discounted real estate and financing it with cut-rate mortgage money -- you just might want to lock in your deals sooner, rather than later. More
Source: Realty Times
Real Estate Outlook: Buyers Off the Sidelines
by Kenneth R. Harney
Published: June 19, 2008
Monday, April 21, 2008
Orlando Vacation Homes & Orlando Vacation Property for Sale
Most Popular Orlando Vacation Home Resort Communities
These communities experience superior rental demand which results in superior occupancy and thus cash flow. Another thing these vacation resorts have in common is full array of amenities that over recent years Orlando travelers have come to expect. Things like manned gated security, elaborate community pools and club houses, video arcades, high speed internet access, children playgrounds, fitness centers, tennis and more. Also very important feature the most popular Orlando vacation communities share is their close ideal proximity to various Orlando theme parks such as Disney, national brand restaurants, grocery stores, shopping ect…
Below are examples and prices of recent inventory in the most popular Orlando Vacation home communities -
· Emerald Island: Town Homes from $140K, Single Family Homes from $290K
· Windsor Hills: Condos from $185K, Town Homes from $230K, Single Family Homes from $400K
· Windsor Palms: Condos from $160K, Town Homes from $190K, Single Family Homes from $295K
· Terra Verde: Town Homes from $150K, Single Family Homes from $280K
Other Resort Communities include:
Acadia Estates, Aviana, Bella Toscana, Calabay Parc, Cumbrian Lakes, Emerald Island, Encantada, Formosa Gardens, Glenbrook, Hampton Lakes, High Grove, Highlands Reserve, Indian Creek, Legacy Park, Lindfields, Mission Park, Oak Island Cove, Orange Tree, Rolling Hills, Sandy Ridge, Seasons, Seven, Dwarfs, Solana, Somerset, Sunrise Lakes, Sunset Ridge, Tera Verde, The Hamlet, The Palms, Tivoli Manor, Villa Sol, Vista Cay, Tuscan Ridge, Tuscan Hills, Westbury, Windsor Hills, Windsor Palms, Windwood Bay