orlando real estate: WILL YOU WEAR BLUE? - Orlando Real Estate
- 05/08/08 03:25 AM
Will you wear blue?International Picture of the Year Here are two very touching photos honored this year. First Place: First PlaceTodd Heisler The Rocky Mountain NewsWhen 2nd Lt. James Cathey's body arrived at the Reno Airport , Marines climbed into the cargo hold of the plane and draped the flag over his casket as passengers watched the family gather on the tarmac.During the arrival of another Marine's casket last year at Denver International Airport , Major Steve Beck described the scene as so powerful: 'See the people in the windows? They sat right there in the plane, watching those Marines. You … (0 comments)
orlando real estate: Orlando Real Estate - "I'm Mad as Hell ... and I'm not going to take it anymore."
- 04/24/08 08:45 AM
"I'm Mad as Hell ... and I'm not going to take it anymore." That's a quote from the movie Network, from 1976... Great Clip from that movie is below. Ya know, I’m tired of the Media slamming this market and saying how bad it is. If the media would just put a positive spin on things once in a while I think we’d all be better off. I recently heard that 1 out of 538 homes are in some sort of foreclosure in Florida and the media makes it sound like the world is coming to an end. OK, let’s do … (2 comments)
Is it rough out there? Well consider this, in a news article today (see below) there are apparently frightening numbers on forclosure rates - " U.S. Foreclosures Jump 57%" . Awful state of affairs - right? How about this headline for the same article - "99.8% of U.S. Households NOT in Forclosure" Amazing? Can't be true? Check the math.
Use the numbers provided in the article - "More than 234,000 properties were in some stage of foreclosure, or one in every 538 U.S. households... ". Pull … (2 comments)
orlando real estate: East Orlando Florida Foreclosures - If you’re facing Foreclosure
- 04/11/08 09:27 AM
If you’re facing Foreclosure….. 1. Do not pay doctor bills or credit card debt ahead of the mortgage. Keep mortgage payments current as possible.2. Negotiate with your lender to restructure your mortgage. If the loan is guaranteed by a federal or state agency, the lender may be required to grant assistance, or provide other options, to avoid foreclosure.3. Sell the house before it goes into foreclosure. If your mortgage is higher than the home’s market value, you may be able to persuade the lender to allow you to sell it for less and forgive the rest of the debt. (this is … (0 comments)
orlando real estate: East Orlando Real Estate - Five Tax Saving Opportunities For The Self-Employed
- 04/11/08 09:26 AM
Are you self-employed or a partner in a small professional practice? If so, you're probably very familiar with all the different challenges of running a business. Ultimately, you're responsible for attracting and retaining customers, providing them with quality services or products, getting paid for your work, and then paying your employees and vendors-all before ever paying yourself a penny. Then, from the remaining profits, the government wants their "fair share" of your success. Fortunately, with some knowledge and planning, you can take steps to minimize the taxes you end up paying. Here are five ways that self-employed individuals and Realtors® can cut … (0 comments)
orlando real estate: East Orlando Florida Real Estate - Top Ten Short Sale Questions Answered
- 04/11/08 09:24 AM
Top Ten Short Sale Questions Answered Number 10 I can't make my house payments, but I do have an ability to pay back all or part of the negative equity. Also, I want to preserve my credit score...is a short sale right for me? Probably, not. In cases where the seller can pay back all or part of the negative equity (usually to the 2nd lien holder), it makes sense for them to work out a repayment plan. The lender will then release the lien and allow the home to close. Number 9 If I pay mortgage insurance and default on my loan, why wouldn't … (0 comments)
orlando real estate: East Orlando real estate, Waterford Lakes, Avalon Park FL. - Am I eligible for a short sale?
- 03/21/08 09:27 AM
I owe more than my home is worth. Am I eligible for short sale or is my only option foreclosure or bankruptcy?Always consult your lender as to what your options are. The options usually are: a short sale, deed-in-lieu of foreclosure (basically an accelerated voluntary surrender), and foreclosure. The banks like to prevent foreclosure when at all possible. They've even been known to lower people's rates and/or payments because of all the new defaults in the past few years. Either way, your first stop should be to get information from you lender on what options they provide.Contact me for an assessment … (0 comments)
orlando real estate: East Orlando Fl. real estate - Will my mortgage insurance cover the difference if I default on my loan
- 03/21/08 09:26 AM
If I pay mortgage insurance and default on my loan, why wouldn't that cover the deficiency amount?The mortgage insurance is not there for your protection, just the lender's. If you are paying PMI (private mortgage insurance) it is there to protect the lender in case you default on your loan. You can usually get the PMI removed after you have enough equity in the home. The lenders will not remove this for you. It is your responsibility to get this removed. Afterall, why do you want to be paying PMI if you don't have to. It doesn't protect you, it protects … (0 comments)
orlando real estate: East Orlando Real Estate - New Search Engine of the future. ManagedQ
- 03/21/08 09:24 AM
Found this new search engine. Is it the new search engine. I don't know, but I will say it's pretty cool. However, I am disappoint that it doesn't have my photo of my website when I do the search. I don't know why. Is it my website or is it managedQ? It's at least worth a look. enjoy! BY the way I think the name is terrible. http://beta1.managedq.com/ ManagedQ: The Next Step In Search The field of Search is years behind where it should be, as it hasn't fundamentally changed in more than a decade. Results may have improved a bit, but people … (0 comments)
orlando real estate: Waterford Lakes FL. Real Estate - Google doc's, spreadsheets Free WOW
- 03/21/08 09:23 AM
I've read recently that Google Spreadsheets as part of the Google Docs suite added several new features; better revisions comparison through color highlights, change notifications, and a Google spreadsheet gadgets directory. I thought what google has a spreadsheet and word processor free. So I check it out and yes they do and pretty cool. It's worth a look. Here it is. http://www.google.com/google-d-s/intl/en/tour1.html
About the author: Jerry LaRose is an Orlando Area Residential Real Estate Expert, who can assist you with the purchase and/or sale of real estate in Orlando, Windermere, Winter Garden Florida or any place in the country. Jerry has created a … (0 comments)
orlando real estate: East orlando Real Estate, Waterford Lakes Fl., Avalon Park - Where's the bottom of this market?
- 03/15/08 02:07 AM
The Median Sales Price for homes in the Orlando area as we all know has decreased significantly. Everyone is asking, where's the bottom. Well, I'll be the first to say that I see the bottom. I will go on record to say that we're almost there. I pulled this trend chart from Trulia and it represents the median sales price of homes. The most important lines are the black and purple. The black line is actual sales of the median priced home. Notice that this jumped out of proportion Jan.1 2004. If prices had not jumped due to supply and demand … (0 comments)
orlando real estate: East Orlando, Waterford Lakes, Avalon Park FL. - Why to buy Now!
- 03/11/08 02:07 PM
Don't wait too long to buy a home in today's market? While today's market plays to your advantage as a buyer, with reduced housing costs and favorable interest rates, are you sitting by waiting? When the market turns, today's bargains will be yesterday's missed opportunities. While it is conceivable that home prices may drop further, it is likely that the decreased prices will be accompanied by increased financing costs due to rate cuts by the Fed. This means that any money saved on paying less for a house in a few months time will be offset by having to pay off your … (0 comments)
orlando real estate: East Orlando, Waterford Lakes, Avalon ParkFL. - ATTENTION SELLERS: Is your home easy to show?
- 03/11/08 02:05 PM
If your home is on the market, you better make it easy for buyers to see! I was showing homes yesterday and I had problems showing 3 of the 7 homes I was to show my buyers. At the first home, the home owner was there and unaware of the showing. I guess the realtor never told them. (It's never a good idea to have the home owner at home when the buyers are there.) The whole situation was awkward and the buyers just rushed through the home. At the second home, there was a combination lock box on the home. When I … (0 comments)
orlando real estate: Waterford Lakes FL., Avalon Park Fl. Real estate - Selling your home in todays buyers market.
- 03/11/08 02:01 PM
I must admit that it is a challenging time to be selling your home. Improve your odds of selling your home in today's buyer's market with the following tips: 1. Be motivated! There are many homes listed right now. If you don't need to sell, then don't. Ask yourself: Why am I selling? 2. Condition. Gone is the day where the buyer wants to fix up a home. If it's broken, fix it. If it's not neutral, make it. Why should a buyer buy your home over another. Contact me for staging tips. 3. Price it right! What does that mean...........be prepared to list … (1 comments)
orlando real estate: Orlando Fl. Real Estate - Interest Rates
- 03/07/08 12:13 PM
Weak Economic Reports Drive Mortgage Rates Downward According to Freddie Mac's Weekly Survey Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.03 percent with an average 0.5 point for the week ending March 6, 2008, down from last week when it averaged 6.24 percent. Last year at this time, the 30-year FRM averaged 6.14 percent. The 15-year FRM this week averaged 5.47 percent with an average 0.5 point, down from last week when it averaged 5.72 percent. A year ago at this time, the 15-year FRM averaged 5.86 percent. … (0 comments)
orlando real estate: Orlando Fl Real Estate - Mortgage Fraud
- 03/07/08 12:12 PM
Don't Get Caught In Mortgage Fraud It's like a Train Wreck. Mortgage fraud is among the top concerns of those investing in real estate. If you get caught in a mortgage fraud scheme it can create a financially painful and emotionally distressing situation. While there are many reputable and trustworthy mortgage providers, the lengthy documents filled with legal jargon make conditions ripe for misunderstandings. So before you sign, consider the following: 1. Read every page of every document. 2. Sign documents only after seeing that the original and the copy contain the same contents. Be sure to get your copy. 3. Make sure … (0 comments)
orlando real estate: Orlando Real Estate - Mortgage Rates Drop
- 03/07/08 12:11 PM
Mortgage rates dropMortgage rates sank this week, reflecting investors' worries about the country's economic health.Freddie Mac, the mortgage company, reported Thursday that 30-year fixed rate mortgages averaged 6.03 percent for the week ending March 6. That was down from last week's 6.24 percent, which had been the highest in more than three months."Weak economic reports that indicated declines in the job market, slowing in manufacturing and low consumer confidence drove bond yields lower this week and mortgage rates followed," said Frank Nothaft, Freddie Mac's chief economist. "Interest rates for 30-year fixed-rate mortgages are now at the same levels as they were … (0 comments)
orlando real estate: Orlando Fl Real Estate = Foreclosures
- 03/07/08 12:10 PM
Home foreclosures hit record highHome foreclosures soared to an all-time high in the final three months of 2007 and probably will keep rising, evidence of homeowners' suffering and the economic danger from the meltdown.The Mortgage Bankers Association said Thursday the proportion of all mortgages that slipped into foreclosure set a record, 0.83 percent, from October through December. The previous high, 0.78 percent, came in the July-through-September period."Clearly it's the worst it's been," At the same time, more homeowners fell behind on their monthly payments.The delinquency rate - when payments are at least 30 days past due - for all mortgages climbed … (0 comments)
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