Real estate blog entries tagged with orlando by Paul Davis (Mid-State Appraisals)

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orlando: House Prices Decline In Value - Orlando, Orange County, And Across Central Florida - 05/20/08 02:29 PM

The U.S. government and corporate media don't talk about how lower house prices are good for home buyers, preferring to sacrifice we the people and families to make sure bankers have plenty of debt to earn interest on. Nevertheless pure and simple economics says lower prices of anything is good for … (0 comments)

orlando: Lake County, Florida Property Appraiser Blows Whistle On Mortgage Fraud Inflating Real Estate Prices - 05/20/08 02:24 PM

The surplus of speculating investors who cleverly learned how to leverage leverage OPM (other peoples money) and work the system, is now backfiring throughout the market and circling back around to correct itself. A fourth of the homes bought across the nation the last few years were purely speculative for profit … (0 comments)

orlando: Florida Growth Management Initiative - Let Citizens Decide Local Growth Management Plans - 05/20/08 02:21 PM

The Florida Growth Management Initiative Giving Citizens the Right to Decide Local Growth Management Plan Changes is a wonderful referendum sponsored by the Floridians for Smarter Growth, Inc. under Chairperson Clarence Anthony (Tampa, FL). Article II, Section 7 provides for the voting upon this referendum by voters in the 2008 general … (0 comments)

orlando: Florida Save Our Homes Amendment - Party Now And Pay Later - 05/20/08 02:08 PM

Florida lawmakers may have passed revolutionary property tax reform amendment (if the voters approve), or maybe they are setting the stage for the privatization of education and our public services.Many homestead property owners find they are unable to downsize or relocate to a new residence because purchasing a replacement property starts … (0 comments)

orlando: Central Florida Property Appraiser - Homestead Tax Exemption - 05/20/08 01:59 PM

Every person who has legal or equitable title to real property in the State of Florida and who resides on the property on January 1 and in good faith makes it his or her permanent home is eligible for a homestead tax exemption. If title is held by the husband alone, … (0 comments)

orlando: Central Florida Land Appraiser - Residential Development & Eminent Domain - 05/20/08 01:36 PM

The state of Florida has some phenomenal land from coast to coast. From city to country land is a precious commodity always increasing in value. Though residential development comes with much speculation, one thing is for sure is the value of the land before the improvements are added thereon. Undoubtedly local … (0 comments)

orlando: Central Florida Appraiser - Skillful And Experienced, The Key To Professionalism - 05/20/08 01:21 PM

Until recently many states did not require individuals to meet specific qualifications before being allowed to perform appraisals. The Appraisal Institute came about as a result of the need to have professional unbiased estimates prepared by knowledgeable and trustworthy practitioners. Today every state maintains an appraiser regulatory law.Nevertheless professionalism is not … (0 comments)

orlando: Central Florida Property Appraising & Consulting - Asset Assessment & Wealth Accumulation - 05/20/08 12:42 PM

Appraisers ensure that the decisions made by buyers, sellers, government officials, insurers, investors, and others are based on well-informed, carefully reasoned judgment. Therefore appraisers help promote the stable and orderly development of the real estate market.Appraisers of real property evaluate the utility and desirability of property and estimate its value for … (0 comments)

orlando: Lower Property Taxes - Central Florida Property Appraisals - 05/20/08 12:38 PM

As a longtime property appraiser, former home builder for twenty years, and licensed real estate broker I learned something from someone who seemingly was a novice in the real estate market and industry.My son Paul Jr. lived in Oviedo, FL (Seminole County) at the time when he phoned my Lake County … (0 comments)

orlando: Florida Homeowners Negative Equity Nightmare - Costly Mistakes Leading To Bankruptcy And Foreclosure - 05/20/08 12:04 PM

A surprising large percentage of Florida homeowners who purchased their property in 2006 and 2007 now have negative equity on their homes, thanks to the excessively high prices paid when they bought their homes. Negative equity means your mortgage exceeds and gobbles up any ownership interest you have in the property … (0 comments)

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