FLORIDA HURRICANE SEASON~ INSURANCE INFORMATION

HURRICANE SEASON

JUNE 1ST  -  NOVEMENBER 30TH

DON'T FORGET

PAY ATTENTION TO THE TROPICS

IF THERE IS A TROPICAL STORM OR HURRICANE IN THE BOX

NO INSURANCE WILL BE ISSUED!

IF YOU ARE LOOKING TO CLOSE ON A PROPERTY DURING THIS TIME

PAY ATTENTION TO THE TROPICS

GET YOUR INSURANCE QUICKLY

YOU MAY BE LEFT WITHOUT INSURANCE AND IF YOU DON'T GET YOUR INSURANCE, YOU WON'T GET YOUR LOAN!

YOUR CLOSING WILL GET DELAYED AND THEN YOU WILL BE DOING THIS TO YOURSELF!

SOMETIMES THINGS ARE FORGOTTEN IN THE EXCITEMENT OF A PURCHASE OF REAL ESTATE.  THIS IS ONE OF THE THINGS THAT OFTEN GET OVER LOOKED AND NORMALLY ARE NOT ADDRESSED UNTIL JUST BEFORE CLOSING.  THE LENDER WILL NOT APPROVE YOUR LOAN UNLESS YOU HAVE INSURANCE SO DON'T GET CAUGHT WITHOUT IT DURING HURRICANE SEASON. 

THIS GOES FOR ALL COASTAL STATES AND NOT ONLY IN FLORIDA.

HAPPY HURRICANE SEASON!! WISHING ALL OF US THE ESCAPE OF ANOTHER SEASON WITHOUT A DIRECT HIT!  NO ONE HERE IN FLORIDA WISHES TO GO THRU ANOTHER 2004!  IT WAS TRULY CRAZY!!

THIS GOES FOR ALL THE EASTERN COASTAL STATES AND ALL THE ISLANDS AS WELL.

FLORIDA,GEORGIA, SOUTH CAROLINA, NORTH CAROLINA, NEW JERSEY, NEW YORK, ETC

AND ALL THE ISLANDS

OPEN HOUSES ~ CENTRAL FLORIDA~ WHY THEY WORK

 ~ OPEN HOUSES AND WHY THEY WORK ~

EVER HEAR A REALTOR SAY "I DON'T DO OPEN HOUSES!" "THEY DON'T WORK!"

OVER THE 18 YEARS I HAVE BEEN IN THIS BUSINESS, I HAVE SOLD SEVERAL OF MY OWN LISTINGS FROM DOING OPEN HOUSES. 

I CAN SAY PERSONALLY THAT YES, OPEN HOUSES DO WORK! 

I HAVE A PROVEN TRACK RECORD FOR MY OPEN HOUSES.  YOU NEVER KNOW WHEN THE PERFECT BUYER WILL WALK INTO THE HOUSE AND JUST FALL IN LOVE WITH IT.

PLUS THERE ARE SEVERAL THINGS THAT NEED TO BE DONE IN ORDER TO MAXIMIZE THE TIME SPENT DOING YOUR OPEN HOUSE.

1) ADVERTISE YOUR OPEN HOUSE ~ NEWSPAPER, INVITATIONS TO NEIGHBORS, FLYERS, BALLOONS, DIRECTIONALS.

2) LOG EVERYONE THAT COMES INTO THE HOME. THIS IS FOR THE PROTECTION OF THE HOME OWNER AND THESE PEOPLE CAN BE ADDED TO YOUR SPHERE OF INFLUENCE.

3) MAKE PHONE CALLS TO FRIENDS OR PEOPLE IN YOUR SPHERE THAT THE HOME MAY FIT THEIR CRITERIA.

3) FOLLOW UP WITH YOUR VISTORS.  YOU NEVER KNOW SOMETIMES ~ THE BUYER MAY BE JUST WAITING FOR A CALL FROM YOU IN ORDER TO MAKE AN OFFER. *DON'T LAUGH, ITS HAPPENED TO ME"

DON'T KNOCK HAVING OPEN HOUSES.  YOU JUST NEVER KNOW WHERE YOUR NEXT BUYER WILL COME FROM.  IN THIS BUSINESS, ITS ALSO ONE OF THE BEST WAYS TO GET YOURSELF OUT THERE FOR THE PUBLIC TO SEE YOU.

REAL ESTATE IN THE ORLANDO FLORIDA AREA ~ TIPS ON MAKING OFFERS ~ FORECLOSURE

TIPS FOR BUYERS 

YOU FOUND A FORECLOSURE TO BUY!

MAKING AN OFFER ON A FORECLOSURE

IN THIS FABULOUS BUYER'S MARKET, BE SURE TO DO YOUR HOMEWORK. 

 1) BE SURE TO LOOK AT WHAT HAS SOLD IN THE PAST 3 MONTHS.  6 MONTHS AGO, PRICES WERE DIFFERENT SO IT IS IMPORTANT TO SEE THE MOST RECENT SALES. 

2) LOOK AT WHAT ELSE IS ON THE MARKET AS DIRECT COMPETITION.  IF YOU FINALLY FIND A HOME THAT YOU REALLY CAN SEE YOURSELF LIVING IN, HAVE YOUR REALTOR GIVE YOU THE OTHER HOMES THAT ARE CURRENTLY ON THE MARKET THAT HAVE THE SAME SQUARE FOOTAGE AND BEDROOMS, YEAR BUILT ETC SO YOU CAN SEE IF THE LISTING PRICE IS IN LINE WITH OTHER PROPERTIES THAT ARE CURRENTLY BEING MARKETED IN THE AREA.  CHANCES ARE, THE FORECLOSURE IS LISTED BELOW MARKET.

3) DON'T BE AFRAID IF THERE ARE MULTIPLE OFFERS ON THE TABLE.  GO FORWARD WITH YOUR HIGHEST AND BEST OFFER.  CHANCES ARE, YOU WILL GET IT!

4) DON'T LOW BALL THE BANKS.  IF YOU  SEND IN AN OFFER WAY BELOW WHAT THE PROPERTY IS LISTED AT, CHANCES ARE YOU WILL BE OUT BIDDED.

5) IF THE PROPERTY HAS BEEN ON THE MARKET FOR 60 DAYS OR BETTER AND THERE IS NO OFFER, NOW WOULD BE THE TIME TO MAKE A LOWER OFFER.  IF YOU ARE WORKING WITH A REALTOR, THEY WOULD BE ABLE TO PROVIDE YOU THE TIME FRAME THE HOME HAS BEEN ON THE MARKET.

6) DO NOT PURCHASE A FORECLOSURE WAIVING YOUR RIGHT TO INSPECTIONS.  THE ONLY TIME YOU WOULD POSSIBLY WANT TO DO THIS WOULD BE  IF YOU ARE AN INVESTOR OR IF YOU PERSONALLY KNOW THE PROPERTY.  THERE COULD BE UNFORSEEN THINGS GOING ON THAT CANNOT BE SEEN BY THE NAKED EYE.  INPSECTIONS RUN ANYWHERE FROM $300 TO $600 DOLLARS AND ARE BASED ON THE SQUARE FOOTAGE OF THE HOME.  YOU MAY ALSO WANT AN INSPECTION  FOR A WDO REPORT  (WOOD DESTROYING ORGANISM REPORT), POOL INSPECTION AND SEPTIC TANK INSPECTION. THERE ARE ALSO MOLD INSPECTIONS WHICH ARE A REALLY GOOD IDEA ESPECIALLY IN FLORIDA WHEN A HOME SITS VACANT FOR A LONG TIME WITHOUT ELECTRICITY.

7) MAKE SURE YOU HAVE A PRE-APPROVAL FROM YOUR LENDER TO SEND IN WITH YOUR OFFER.  MOST BANKS WON'T EVEN LOOK AT YOUR OFFER IF YOU DON'T HAVE A LETTER FROM YOUR LENDER STATING THAT YOU HAVE BEEN AT LEAST PRE-QUALIFIED.

8) WHEN YOU PICK A CLOSING, DATE, MAKE IT REASONABLE.  THE BANKS DON'T WISH TO WAIT MORE THAN 6 WEEKS.  THE SOONER THE BETTER BUT REMEMBER YOU MUST ALLOW ENOUGH TIME FOR YOUR LENDER TO GET THE PACKAGE TO UNDERWRITING AND THEN BACK AGAIN TO THE TITLE COMPANY WHO IS DOING THE CLOSING. DURING THIS TIME FRAME THERE MAY BE CONTINGENCIES THAT WILL NEED TO BE MET AND THE UNDERWRITER MAY REQUIRE ADDITIONAL ITEMS THAT COULD DELAY THINGS.  4-6 WEEKS IF GETTING LOAN IS REASONABLE IN THIS MARKET.  CASH BUYERS CAN CLOSE ALOT SOONER.

THESE ARE THE BASICS.  EVERY PURCHASE IS DIFFERENT AND I HAVE NOT HAD ONE CLOSING LIKE THE OTHER.  

IF YOU HAVE ANY FURTHER QUESTIONS ABOUT THE BUYING PROCESS, PLEASE FEEL FREE TO CONTACT ME.  I CAN GLADLY WALK YOU THROUGH THE PROCESS.  IF YOU ARE CURRENTLY WORKING WITH A REALTORS, YOU MAY WANT TO ASK THEM FOR THE ABOVE INFORMATION.

PATTY RITSON, WEICHERT REALTORS, HALLMARK PROPERTIES ~ 352-636-2655

REAL ESTATE PROFESSIONAL WITH 18 YEARS OF EXPERIENCE WORKING FOR YOU~

WISHING YOU SUCCESS IN YOUR NEGOTIATIONS!!!!

MARKET CHANGES IN CENTRAL FLORIDA ~ ORLANDO AREA ~ FORECLOSURES ARE SELLING QUICKLY NOW!

I DON'T KNOW ABOUT OTHER AGENTS OUT THERE IN CENTRAL FLORIDA, BUT I CAN SAY WITHOUT A DOUBT THINGS HAVE BEEN HOPPING RATHER VIGOROUSLY FOR ME!  I HAVE BEEN SWAMPED WITH BUSINESS!  MY PHONE IS RINGING OFF THE HOOK! 

IF YOU ARE A BUYER LOOKING FOR A GREAT DEAL, NOW IS THE TIME TO BUY! 

I HAVE BEEN EXTREMELY SUCCESSFUL IN NEGOTIATING WITH THE BANKS AND HAVE CONTRACTED SEVERAL FORECLOSURES IN THE PAST FEW MONTHS FOR OBSCENE PRICES!  IF THEY ARE LISTED RIGHT, WE HAVE COME UP AGAINST MULTIPLE OFFERS AND HAVE WON!!!

   FIRST TIME BUYERS ARE JUMPING FOR JOY AT BEING ABLE TO PURCHASE REALLY NICE HOMES FOR NEARLY HALF OF WHAT THE PREVIOUS OWNERS PAID FOR THE SAME HOME!  THIS ALSO GOES FOR INVESTORS AND PEOPLE JUST HOLDING OUT FOR THE RIGHT TIME TO BUY!

SHORT SALES ARE ALSO STARTING TO MOVE MORE QUICKLY.... SO WE ARE NOT AS RELUCTANT TO MAKE OFFERS ON SHORT SALES AS WELL.   PERHAPS THE BANKS ARE STARTING TO UNDERSTAND THAT WE AS AGENTS ARE ONLY TRYING TO HELP THEM SAVE MONEY BY AVOIDING FORECLOSURE!! 

IF YOU ARE A BUYER LOOKING FOR A GREAT DEAL ON A HOME IN CENTRAL FLORIDA AND THE ORLANDO AREA, TAKE HEART!!  NOW IS THE TIME TO BUY...DON'T WAIT TOO LONG AS WE DON'T REALLY KNOW HOW LONG THIS WILL LAST...SO THERE IS NO TIME LIKE THE PRESENT!

 FEEL FREE TO CALL AT ANYTIME!

PATTY RITSON, WEICHERT REALTORS, HALLMARK PROPERTIES

352-636-2655 CELL ~ IF YOU RECEIVE MY VOICEMAIL, PLEASE LEAVE A MESSAGE, I WILL GET BACK TO YOU WITHIN 10 MINUTES~

Referrals ~ Central Florida ~ FORECLOSURES ~ RESIDENTIAL / VACANT LAND

OVER 18 YEARS OF EXPERIENCE WORKING FOR YOU~  DO YOU NEED AN EXPERIENCED REALTOR TO WORK A REFERRAL TO CENTRAL FLORIDA?

I HANDLE MOST ALL OF CENTRAL FLORIDA INCLUDING ORLANDO, CLERMONT, MOUNT DORA, TAVARES, LEESBURG, THE VILLAGES, WINTER GARDEN, WINTER PARK, HOWEY IN THE HILLS AND MOST ALL OF THE SURROUNDING AREAS. GIVE ME A CALL FOR A 25% REFERRAL FEE.  SPECIALIZING IN WATERFRONT PROPERTIES.  LOTS OF FORECLOSURE PROPERTIES AVAILABLE!

SHORT SALES ~ COUNTRY WIDE ~ VACANT PROPERTIES AND VANDALISM

JUST ANOTHER PART OF THE VICIOUS CYCLE WE ARE DEALING WITH.  SHORT SALES EVERYWHERE. FORECLOSURES EVERYWHERE.   REALTORS TRYING OUR BEST TO HELP OUT THE SELLERS BY TAKING THESE SHORT SALE LISTINGS AND THEN WORKING WITH BUYERS TO FIND THEM A GOOD DEAL ON A HOME *the ones that can get financing*. 

IT COSTS THE BANKS AROUND $50,000 TO FORECLOSE ON A HOME.  THE BANKS ARE OVERLOADED WITH SHORT SALES SOME LOOKING AT 300 OR MORE NEW ONES A DAY.

WE WAIT IN LINE FOR OUR TURN TO TALK TO THE NEGOTIATORS.  IN THE MEAN TIME, THE PROPERTIES BECOME VACANT AND

BAM!!!!

WE GET HIT WITH VANDALISM... STEALING ALL THE COPPER AND METAL OUT THE HOME.  ANYTHING THAT CAN BE SOLD FOR MONEY. A/C HANDLERS, OUTSIDE A/C UNITS, COPPER WIRING THRU-OUT THE HOME.

SO NOW THE HOMES ARE WORTH LESS MONEY THEN BEFORE!

FORGET FINANCING......FHA GUIDE LINES STATE THAT THE HOMES MUST HAVE HEATING AND AIR. 

I HAVE NEVER SEEN A MARKET QUITE LIKE THIS ONE.  I CERTAINLY HOPE THAT SOMEONE COMES UP WITH A PLAN TO SPEED UP THIS PROCESS TO AVOID THESE PITFALLS.  IT IS TRULY ASHAME TO SEE THIS HAPPENING. 

I AM IN FLORIDA AND I AM SURE THIS IS HAPPENING ALL OVER THE COUNTRY.  IT IS SO FRUSTRATING TOO AS A REALTOR.

ANYONE HAVE ANY SUGGESTIONS????

MOUNT DORA FLORIDA WATERFRONT HOME OPEN HOUSE JUNE 8TH 1-4PM

OPEN HOUSE 

306 W. 6TH AVE., MOUNT DORA, FLORIDA

SUNDAY JUNE 8TH 1-4PM

FABULOUS

CHAIN OF LAKES

LAKEFRONT HOME

 $599,000

3 BEDROOM 3 BATH

4 CAR GARAGE

5122 TOTAL SQUARE FT

PANORAMIC VIEW

OF

LAKE DORA

VIEWS FROM NEARLY EVERY ROOM

FORMAL DINING ROOM

FABULOUS KITCHEN W/PANORAMIC VIEWS

MASTER BATH WITH ROMAN TUB

HOSTED BY ~

 PATTY RITSON ~ Licensed Real Estate Professional

Weichert Realtors, Hallmark Properties

FOR MORE INFO CALL  352-636-2655

COUNTRYWIDE SHORT SALE DIVISION ~ TIPS ON GETTING THRU TO A NEGOTIATOR

OK...I AM AT MY WITS END HERE DEALING WITH COUNTRYWIDE SHORT SALE DIVISION.  JUST WHEN YOU THINK YOU ARE MAKING PROGRESS.......... BAM...YOU GET NOWHERE.  I KEEP HEARING THAT WE CANNOT GET THRU TO THE NEGOTIATOR. WE WILL SEND HER AN EMAIL.  I HAVE GOTTEN THIS RESPONSE NOW FOR OVER 2 WKS AND I DON'T KNOW WHAT ELSE TO DO.  I HAVE HAD SOME PEOPLE WHO I TALK TO SAY THEY WILL EMAIL THEIR SUPERVISORS TO GET TO THE NEGOTIATORS MANAGERS.  ALOT THAT DOES.  I STILL AM NOT GETTING ANYWHERE AND ITS DRIVING ME NUTS!!

ANY ONE HAVE TIPS ON WHAT TO SAY TO GET ANSWERS?  THE BUYER IS READY TO WALK!!  WHAT CAN I DO OR SAY TO MAKE PROGRESS HERE WITH COUNTRYWIDE?  ANYONE HAVE ANY SUCCESS STORIES?

I JUST NEED SOME INCOURAGING WORDS HERE TO KEEP ME ON TRACT.  I HAVE CALLED EARLY IN THE MORNING AND I AM CALLING LATE IN THE EVENING.  BEING IN FLORIDA ON EASTERN STANDARD TIME AND THE NEGOTIATOR IS PACIFIC TIME, I FIGURED I WOULD CATCH HIM BEFORE GOING HOME.  IT SEEMS THEY NEVER ANSWER THE PHONE.  WHAT GIVES???????????//

HELP!! HELP!!!! HELP!!!

REAL ESTATE EMAIL OVERLOAD~ LEARN THIS ~ A COURSE FOR THAT~ WEBINAR TODAY ~ WEBCAST TOMORROW ~ JUST LISTED ~ PRICE REDUCTION~ ALRIGHT ALREADY!!

I am so over all the emails lately~ for crying out loud is anyone else tired of all the emails?????

If its not a flyer it's about a webinar or a seminar ~ How to do short sales, how to get foreclosures and since I have signed on to active rain, I have been getting calls to pay someone to get on their site for foreclosures, buyer leads etc etc....I mean come on!!!!!!!!  JUST LISTED, JUST REDUCED, SELLER'S LOSS BUYERS GAIN...

DOES ANYONE HAVE MORE CREATIVE WAYS TO GET OUR ATTENTION....PLEASE LET ME KNOW.............CAUSE THE SAME OLE IS GETTING REAL BORING!!!!!

 ITS DRIVING ME NUTS EVERYTIME I OPEN UP MY EMAIL.......STOP THE INSANITY!!!!!!!!!!

 ANYONE ELSE HAVING THIS ISSUE????????????/  GOD I HOPE I AM NOT THE ONLY ONE~

GIVE ME A CAPTION FOR THIS BEAUT~  LOL  HOUSE IS TRASHED BUT CHECK OUT THE LOCATION!!!!!!!!

CENTRAL FLORIDA ~ IS THIS A FLORIDA PANTHER PRINT?