davenport: What Annual Costs Are Involved In A Davenport, FL Short Term Rental Home - 03/26/12 12:12 PM
I'm going to answer your questions in list form to keep things organized.1. Question: Can we purchase any property and then be able to rent out short term? Are there restrictions, and if so, what properties do we need to view?
Answer: Here in Florida there two categories of rentals. There are either short term or long term rentals. There are usually no restrictions on long term rentals. But in this case you are asking about short term rentals. There are indeed restrictions on where short term rentals may be done. There are a few communities in Kissimmee near Disney that … (2 comments)
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davenport: Hurry Up And Write Up That Offer On That Foreclosure!!! - 02/29/12 06:34 AM
When Davenport, FL foreclosures are selling so fast, I understand how an investor would feel like they need to get their offer in first. Especially if you are offering low on a foreclosure (not advisable by the way). But to be frank, it doesn’t matter if you get the offer in the first day the home is on the market.
The banks list their homes very low for a reason. They want as many offers and exposure as they can get on the home in order to try to draw the best offer out through multiple offers. If your offer … (1 comments)
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davenport: Bimini Bay, Davenport, FL; A Tale Of Two Communities - 12/13/11 12:17 PM
Bimini Bay in Davenport, FL was supposed to be a one of a kind vacation home community located near Disney World. The community was supposed to rival the likes of Regal Palms and other such vacation communities. However the reality is far from the dream unfortunately.Bimini Bay now stands in the middle of controversy and alleged mismanagement. The community has received some bad press of late as well. This Orlando Sentinel article about the troubles Bimini Bay is going through was written on December 3, 2011. The article reported that many residents are quite upset about how their community has been … (2 comments)
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davenport: Davenport, FL Homes For Sale By Neighborhood - 11/13/11 09:00 PM
Davenport, FL Homes For Sale By Neighborhood
Aviana Aylesbury Bahama Bay Bella Piazza Bella Toscana Bella Trae Bentley Oaks Bimini Bay Bridgeford Crossing Calabay Parc Chelsea Woods At Providence Davenport Lakes Forest At Ridgewood Four Corners Grand Cypress Turf Club Grand Reserve Hamlet At West Haven Hampton Estates Hampton Lakes Highgate Park Highlands Reserve Highland Square Island Club West Lake Davenport Estates Lake Wilson Preserve Legacy Park Loma Linda Loma Vista Magnolia Glen Manor At West Haven North Shore Pines West Providence Reserve At Town Center Royal Palms Royal Ridge Sanctuary At Westhaven Sandy Ridge Solana Sunridge Woods Sunset Ridge Terrace … (0 comments)
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davenport: Homes For Sale in Sandy Ridge Davenport, FL - 10/30/11 08:42 PM
Homes for sale in Sandy Ridge in Davenport, FL range in price from $109,900 to $265,000. Sandy Ridge is one of the premier vacation communities in Davenport. Surrounded on three sides by conservation and forest views, it has some of the most beautiful nature views of any community in Davenport. The Homes For Sale In Sandy Ridge Davenport, FL are located just 5 minutes south of I-4 and less than 15 minutes from Walt Disney World Resorts, it is also a perfect choice for a vacation home. You can reach almost every major attraction in Central Florida in less than 30 … (1 comments)
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davenport: Owner Financed/Seller Financed Homes For Sale In Davenport,FL - 10/12/11 03:32 PM
Owner Financed/Seller Financed Homes For Sale In Davenport, FL There are currently 5 homes for sale in Davenport, FL with owner/seller financing available. They range in price from $13,900 to $229,000. Davenport,FL Home Buyers who might not qualify for a mortgage with a lender can take advantage of this situation and get in while the getting is good. Normally sellers require some kind of down payment, but hey, you can’t have something for nothing. But they are also usually more lenient about credit issues. With home prices so low, and the economy on the mend, I would hate to see someone … (3 comments)
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davenport: Should Sellers Accept Back-Up Offers On Short Sales? - 10/11/11 01:11 PM
I had a short sale listing in Davenport, FL get under contract and go pending recently. We have had multiple buyers express interest in putting in back-up offers since it went pending. I also had a buyer making an offer on a Lake Nona short sale who maybe didn’t want to allow the sellers to take back-up offers. Both of these situations got me thinking about back-up offers and whether sellers should take them. The short answer is a definite yes. There is no risk to the current buyer if there is a back-up offer and it alleviates a lot of … (12 comments)
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davenport: What Do You Do When You Receive An Offer From Your Buyer Written Up By Another Realtor? - 10/04/11 05:04 PM
In this case, you just understand it and move on. Selling homes in Davenport, FL can be pretty unique when compared to selling them elsewhere. Most of the buyers are from The United Kingdom and estate sales are very much different there than in Florida. For one thing estate agents (the UK version of a Realtor) work under what would be a kind of open listing agreement. They also don’t use an MLS. The system is a bit antiquated, but it works for them. Long story short, buyers in the UK are used to working with multiple agents when they buy … (16 comments)
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davenport: The Bare Minimum Should NOT Be Your Goal - 10/03/11 04:46 PM
I just received an email from a buyer’s agent on one of my Davenport Short Sale Listings with an offer attached. Good news right? Not so much this time. The buyer’s agent had actually printed out the forms, filled them out and taken pictures of them, as in with a handheld camera, for the buyer to sign. Then the buyer faxed them back to the buyer’s agent as is. Every page was unreadable so I called to ask if she could put together a readable offer for the sellers to review. “Really? I didn’t know they weren’t readable. I just forwarded … (27 comments)
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davenport: No Really, An Offer Is Not Binding...Hello!!! - 09/21/11 11:56 AM
I had a buyer’s agent call me today and tell me he was upset because we have multiple offers on my short sale listing in Davenport, FL. He called on a Friday and asked if we had any offers (at the time we didn’t) and I told him no. However, the price was just reduced that morning and we would likely have offers come in over the weekend because the new listed price was very competitive. That evening I received his buyer’s offer and called him to let him know I had it and would be forwarding it to the seller.Over … (81 comments)
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davenport: Are You Giving Bad Advice On Zillow? - 09/12/11 10:44 AM
One thing that all Realtors can agree on is that this business is local. What works in Davenport, Florida may not work in Green Bay, Wisconsin. The real estate law in every state differs, sometimes greatly. Local MLS’s and Associations have different rules and regulations. State licensing laws are different in each state for real estate agents. The markets are definitely different as well. Different kinds of homes, different price ranges, different everything.So tell me why so many Realtors are giving advice on Zillow in states other than the one they are licensed in. This bothers me very much and I’ll … (82 comments)
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davenport: Yes, I Care About You Enough To Show You A House On My Day Off With My 4 Year Old In Tow - 09/11/11 05:43 PM
This post was inspired by a recently featured post by Paula Smith entitled Rolling With The Punches. Sometimes things in the calendar just don’t add up and conflicts in schedules happen. I had this happen a couple of weeks ago. I had a buyer coming into Davenport who was relocating to the area soon and they wanted to view some homes. They were including their house hunting time with their vacation time which is very common in my neck of the woods. So we had a very tight schedule and a bunch of hurdles to jump. They wanted to experience Disney … (8 comments)
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davenport: Yes, Your Current Customers Are Reading Your Blog! And That’s Great News! - 09/08/11 05:41 PM
Yesterday I wrote a blog entitled One More Thing To Watch Out For When Buying A Foreclosure. Basically it was about the bank wanting to start the inspection period retroactively before there was an executed contract. It was a blog about a current situation with a current buyer I am working with. This morning I received an email from that buyer. He saw the article on my Facebook wall and knew it was about his deal. He wanted to thank me for being on the ball and looking out for him and his wife. How about that folks! I was very … (26 comments)
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davenport: One More Thing To Watch Out For When Buying A Foreclosure - 09/07/11 10:56 AM
There are plenty of things that buyers need to be careful of when they are buying a Davenport, Florida foreclosure. But let me just add one more item to the list. An offer is an offer and a contract is a contract. They are not the same thing. An accepted offer becomes an executed contract when both parties have signed all contracts and addenda; and delivery has been made to all parties. The banks (and Fannie Mae) like to do things their own way, and normally that is fine. But when “their way” puts the buyer in a position where they … (9 comments)
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davenport: Is There Really Such A Thing As An Approved Short Sale? - 09/04/11 03:47 PM
The short answer is no, there is not. When you see in the MLS that a short sale is being advertised as approved, what you are really seeing is a regular short sale where the listing agent has received some kind of guidance from the seller’s lender on what price they will approve. That is far from an approval in writing. Frankly an approved short sale is better to offer on than just a regular short sale. But it still doesn’t give you any guarantees about when and if the short sale will close nor what price the deal will close … (7 comments)
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davenport: Are You Breaking Up With Me? - 09/03/11 01:29 PM
“It’s not you, it’s me. You’ve done nothing wrong. I just have to go another direction with my life.” Have you ever heard those words? I heard them just recently from a buyer a couple days ago. I was officially being dumped. A few weeks ago a very nice lady called me about buying a home in Davenport, Florida. She found me on ActiveRain and felt like I was the person she wanted to work with. Her initial plan was to buy a 5 bedroom home in Davenport, Florida that she could use as a short term rental vacation home. During … (41 comments)
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davenport: Davenport Florida Real Estate Market Report 9/1/11 - 09/01/11 09:12 PM
There are currently only 422 single family homes for sale in Davenport, Florida for an average listed price of $201,981. 314 of these are regular equity sales, 27 are REO/Bank Owned foreclosures, and 81 are short sales. There are 330 homes in pending status in Davenport, Florida which means they are under contract and waiting to close. 66 are equity sales, 36 are REO/Bank Owned foreclosures, and 228 are short sales. There were 92 homes sold in Davenport, Florida during the month of August 2011. 45 were equity sales, 22 were REO/Bank Owned foreclosures, and 25 were short sales. The chart … (3 comments)
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davenport: Verifiable Proof That Banks Suck At Selling Real Estate - 08/28/11 06:28 PM
I’ve been working with an investor buyer from the UK for about the last 9 months or so. He’s looking for good deals on Davenport Foreclosures. We’ve closed on a couple so far but we continue to throw offers out there. We’ve offered on 13 homes so far to get those two homes closedToday I had a wacky idea and thought I would go back and have a look at all the homes he offered on that weren’t accepted. The results are pretty shocking in my mind and really drove the nail home in regards to how bad banks are at … (6 comments)
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davenport: Bentley Oaks Davenport, Florida Market Report-8/28/2011 - 08/28/11 05:42 PM
Bentley Oaks in Davenport, Florida is a well established and quiet community located just 15 minutes from Disney World and less than half an hour away from almost every attraction Central Florida has to offer. There are currently 2 homes for sale in Bentley Oaks for an average listing price of $80,450. There are 3 homes in Bentley Oaks that are pending (under contract and moving toward closing) with an average listed price of $80,267 and a median listed price of $74,900. These homes had an average of 167 days on market.There have been 5 homes sold in Bentley Oaks Davenport, … (0 comments)
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davenport: Even A Well Priced Davenport Short Sale Won’t Sell If You Don’t Show It - 08/24/11 04:42 PM
Buyers want to see the house. They don't want to spend a large some of money on a home they haven't been inside of. If you are trying to sell your Davenport Short Sale and you aren’t having luck first look at the little things. Is the property priced correctly? Is it show ready when buyers are looking? Are you allowing agents to show it? Short sales take months to close and buyers know that. Some buyers are willing to be patient and wait out the process so they can get a good deal on a short sale. But even those … (3 comments)
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