Description: BANK OWNED HOME ON SKI LAKE - QUICK RESPONSE TO OFFERS - QUICK CLOSING AVAILABLE - New construction by Arthur Rutenberg, Biscayne II w/2nd story bonus/game room and separate theater room-CALL TODAY... RECENT APPAISAL - as of May 18th 2009 showing home is worth well over list price. Amazing location in the heart of the Lake Nona area within a gated golf community4 bedroom with addl office, 3 way split plan, seperate room for wine cellar, and walk-in pantry. Drive through the canopy of 100 year old oak trees then kick back and enjoy the panoramic water views of Ski Lake Hart. ~150' frontage and 2 + acres allow privacy and quiet on the cul-de-sac. Clear the shurbs and weeds and have gorgeous views of the lake through towering cypress trees. Over $300,000 in upgrades and custom pool/spa included in price. Pella E argon filled casement windows, 2 wet bars, extended lanai. 10' pocket sliders, outdoor fireplace, brick paver patio downstairs and 16 porcelian tile upstairs covered balcony and completely wired for state-of-art sound systems. Brand New Elementary completed in Aug. 2007 located IN neighborhood. Community rec center, health club, baseball fields, tennis courts and 18 hole golf course -NOTE SELLER IS WORKING TO PROVIDE CLEAR TITLE FOR NEW BUYER - BUYER CAN SECURE HOME - BUT MUST BE WILLING TO WAIT - CALL TODAY...
The Resident Team welcomes anyone looking to buy or sell their home. We use all the latest technology to search, market and get the results that you desire. You will be kept up to date all along the way. We are a partner you can trust. Don't just listen to us, read the testimonials of our past clients on our web-site, they are our true voice. Buying or selling a home can be the most stressful activity that a person can experience. It doesn't have to be that way! The Resident Team will strive to make it exciting and enjoyable! Contact The Resident Team today for your Professional Real Estate experience. We specialize in Bank Owned Foreclosures.
www.ResidentTeam.com is brought to you by Resident Team Realty, LLC Orlando, Kissimmee and St. Cloud, Florida
NUMBER1EXPERT® All rights reserved. All information deemed reliable but not guaranteed.
Description: QUICK CLOSING! ALREADY BEEN NEGOTIATED AND APPROVED AT LIST PRICE.$10,000 TO BUYERS CLOSING COSTS. LUXURIOUS 5 BEDROOM 4 BATH 2 STORY HOME IN A GUARD GATED GOLF COMMUNITY. THIS IS PROVIDENCE! 10 MINUTES TO DISNEY. TENNIS, BIKE PATHS, FITNESS ROOM, LARGE POOLS WITH SLIDE,ELEGANT DINING, AND A GREAT GOLF COURSE. THIS IS RESORT LIVING. THIS SPACIOUS HOME HAS TWO MASTER SUITES, 3 CAR GARAGE, PAVERS,ROUGHT IRON STAIRWAY, 42 CHERRY CABINETS, GRANITE COUNTER TOPS, STAINLESS APPLIANCES. THIS IS THE ABD COVETED BRISTOL MODEL. THE BONUS ROOM AT THE TOP OF THE STAIRS IS GREAT FOR AN OFFICE OR SECOND LIVING ROOM. THE FIFTH BEDROOM IS LARGE ENOUGH FOR AN ENTERTAINMENT ROOM OR SECOND MASTER SUITE. THIS HOME WILL HOUSE THE LARGEST FAMILY WITH MANY OPTIONS.FROM THE ENTREE WAY TO THE FAMILY ROOM THERE ARE LOTS OF WINDOWS AND VERY BRIGHT. PLEASE COME SEE ALL THIS HOME HAS TO OFFER BEFORE IT'S GONE AND YOU HAVE MISSED IT.THIS IS A SHORT SALE.
The Resident Team welcomes anyone looking to buy or sell their home. We use all the latest technology to search, market and get the results that you desire. You will be kept up to date all along the way. We are a partner you can trust. Don't just listen to us, read the testimonials of our past clients on our web-site, they are our true voice. Buying or selling a home can be the most stressful activity that a person can experience. It doesn't have to be that way! The Resident Team will strive to make it exciting and enjoyable! Contact The Resident Team today for your Professional Real Estate experience. We specialize in Bank Owned Foreclosures.
www.ResidentTeam.com is brought to you by Resident Team Realty, LLC Orlando, Kissimmee and St. Cloud, Florida
NUMBER1EXPERT® All information deemed reliable but not guaranteed.
Currently, a short sale impacts your credit by decreasing it about 140 pts I'm told. A foreclosure up to 400 points. But what has change is how a short sale is being view on your credit report. Lenders are treating a short sale as they threat a foreclosure in your ability to obtain and retain your credit. I have seen them close credit cards and reduce credit limits as well as inflating interest rates.
So why should a homeowner continue to do short sales and not just let their homes go into foreclosure? If the home is your primary residence, and you short sale it, you have no further obligation to the creditor. If you are foreclosed on, the creditor can come back at you for the deficient amount after the creditor disposes the property up to 2 years.
I feel that in the future, with the amount of short sales, foreclosures, and bad credit card dept, in order for lenders to stay in business, the system will undergo an overhaul. But only time will tell.
What is going to happen to our economy and housing industry, when the 5 year arms adjust in 2010. My take is, you ain't seen nothing yet. Homeowners are sitting in their homes, not paying their mortgage and banks are now not filing for foreclosure because their inventory is full. This is happening....
I am hearing buyers ask "What Should I offer?" every day on Bank Owned Properties. What you need to remember is that the Bank wants to sell. They are listing the homes below appraised value. But how can you be sure? Every bank orders Broker Price Opinions, BPO's on their inventory monthly. They want to know if the market is trending one one or the other. Then they price accordingly. They know that there are first time home buyers out there trying to spend there $8,000 of Obama dollars. They also know that the foreign investor is in the market because the dollar is weak. They also know the domestic investors have been waiting for years to get in this position for their portfolios.
So, the ten million dollar question isn't what the bank will take, it's am I going to be high enough to out bid the other buyers? I have looked at the trend for August on sold properties and the majority of Bank Owned Properties are selling over asking price. So, when looking to buy a Bank Owned Foreclosed Property, forget what it's listed at, and understand what it's worth. They are all good deals!
Below I have attached a link that will show the sale prices as compared to the listing prices.
Description: **CORPORATE OWNED**This custom model has several upgrades! Priced for a quick sale and available for immediate occupancy, Orangebranch Bay is a stunning community of new homes in a great location! This home is loaded! Treat yourself to luxury and make your home at Orangebranch Bay today!
The Resident Team welcomes anyone looking to buy or sell their home. We use all the latest technology to search, market and get the results that you desire. You will be kept up to date all along the way. We are a partner you can trust. Don't just listen to us, read the testimonials of our past clients on our web-site, they are our true voice. Buying or selling a home can be the most stressful activity that a person can experience. It doesn't have to be that way! The Resident Team will strive to make it exciting and enjoyable! Contact The Resident Team today for your Professional Real Estate experience. We specialize in Bank Owned Foreclosures.
www.ResidentTeam.com is brought to you by Resident Team Realty, LLC Orlando, Kissimmee and St. Cloud, Florida
NUMBER1EXPERT® . All information deemed reliable but not guaranteed.
Description: BANK OWNED. Corner lot, pond view, gated community, upgraded kitchen, move-in condition, paver driveway. $75 document review fee to be paid by the purchaser and due at closing. All contracts/offers are subject to seller senior management approval and any offers or counter offers by seller are not binding unless the entire agreement is ratified by all parties.
The Resident Team welcomes anyone looking to buy or sell their home. We use all the latest technology to search, market and get the results that you desire. You will be kept up to date all along the way. We are a partner you can trust. Don't just listen to us, read the testimonials of our past clients on our web-site, they are our true voice. Buying or selling a home can be the most stressful activity that a person can experience. It doesn't have to be that way! The Resident Team will strive to make it exciting and enjoyable! Contact The Resident Team today for your Professional Real Estate experience. We specialize in Bank Owned Foreclosures.
www.ResidentTeam.com is brought to you by Resident Team Realty, LLC Orlando, Kissimmee and St. Cloud, Florida
NUMBER1EXPERT® All information deemed reliable but not guaranteed.
Bank Owned Properties continue to be the push in Kissimmee/St Cloud, or Osceola County Florida. Bank Owned Properties are what we specialize in at Resident Team Realty LLC. For a complete list of Bank Owned homes, just email us and we will get your search started.
There are currently 242 Bank Owned Properties active on the market today. To view these properties, just click on the link below.
Below, you will find a link to the MLS listing of the property that you were interested in. If we can be of more service please contact us!
Out of state home buyers are continuing to ask, how much are the taxes on a particular property. Florida is different than most states. Properties are assessed on the last sale price. So if a home is being sold as a bank owned property, the sale price is greatly reduced from the last sale pricing most cases. If a home sold in the past for $450,000, the taxes will be over $5,000 a year. If that home currently sells for $250,000, the taxes will be reduced almost 50% the next year.
We also have homestead exception. This allows a resident to deduct $50,000 from the assessed tax value. In Florida, the tax assessment for Florida Residents can only increase to a maximum of 3% a year from year to year. Non residents are capped at 5%.
These are the current laws. They may change some what because of the amount of foreclosure sales effecting the overall tax roll income for the state. But they have not done anything about it yet.
Use the current taxes as a guide, not the rule when concidering a purchase.
Description: BANK OWNED. ZONED SHORT TERM RENTAL - Shop no further! 5 bedroom, 3.5 bath home with indoor laundry, luxury bath, and kitchen with breakfast area. DOWNSTAIRS MASTER SUITE. A real stunner. Gorgeous pool to cool off hot summer days. FULLY FURNISHED and ready to go. Priced to sell!
The Resident Team welcomes anyone looking to buy or sell their home. We use all the latest technology to search, market and get the results that you desire. You will be kept up to date all along the way. We are a partner you can trust. Don't just listen to us, read the testimonials of our past clients on our web-site, they are our true voice. Buying or selling a home can be the most stressful activity that a person can experience. It doesn't have to be that way! The Resident Team will strive to make it exciting and enjoyable! Contact The Resident Team today for your Professional Real Estate experience. We specialize in Bank Owned Foreclosures.
www.ResidentTeam.com is brought to you by Resident Team Realty, LLC Orlando, Kissimmee and St. Cloud, Florida
Real Estate information for Osceola, Kissimmee, Saint Cloud, and Orlando Florida. For Realtors and Consumers.
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