orlando short sale: Great home deals we sold in June 2014 - 07/05/14 04:36 AM
June is over and with that the first half of 2014.  Here are some of the latest deals that we closed last month.  It is a great time to buy as prices are still low and interest rates are amazing.
   
                Ottawa                                               Flintlock                                         Hillside  
1.  Ottawa Ave, Orlando, FL … (0 comments)

orlando short sale: The Truth about Short Sales and Strategic Defaults - 09/17/11 03:45 AM
Being a very active real estate broker in Central Florida for many years now, I get a fair amount of people contacting me who want me to help them evaluate their financial situation regarding properties they own.  Certainly I am not a lawyer or tax advisor and cannot give legal or tax advice but I do have a ton of experience in evaluating property values, short sales, and people’s financials.  This article is about the pros and cons of short sales, foreclosures, deed-in-lieu, and strategic defaults based on my own experiences.
The first thing to keep in mind if you … (5 comments)

orlando short sale: Orlando real estate deals we sold in January 2011 - 02/04/11 01:15 PM
January closed out with some 31 closed deals at Sand Dollar Realty Group.  Typically a slow month due to the lag caused from the Christmas holidays but a bunch of great deals got bought up.  Check out just a small sampling of what we sold last month.
         
         Wyndcliff                                    Battlegrove                                     Hardy Mills
1. Wyndcliff Circle, Orlando, FL 32817.  Located in east Orlando near the University of Central Florida. 4 bed/2 bath beautifully updated and remodeled.  An investor bought this as a foreclosure and fixed it up.  Sold after just 43 days on the market for $132,500. 
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orlando short sale: Orlando Florida real estate deals we sold in December 2010 - Lake Mary, Winter Garden - 01/03/11 03:00 PM
Another month is behind us and a bunch of great deals have sold.  Below are just a sampling of the latest featured properties that we sold during December 2010 in metro Orlando Florida.
     
     Sundance Dr                                    Preston St                         Chaplin Ln
1. Araminta St, Winter Garden, FL 34787.  4 bed/2 bath/2-car garage newer home in the Stonecrest community.  One of our regular investor customers bought this one, fixed it up nice, and re-sold it for a quick profit using our flat fee MLS listing service. Sold after just 81 days on the market for $159,900. Yes, flat fee listings … (1 comments)

orlando short sale: Great real estate deals we sold in Orlando & Central Florida in August 2010 - 09/02/10 10:14 AM
Summer is coming to a close and here are just a few of the latest sizzling deals that sold in August 2010.  Our office focuses on foreclosures, short sales, and great investment property deals.
   
              St James                          Michner                                    Rose Ridge
1. Saint James Road, Orlando, FL 32808.  A true Pine Hills handyman special.  This was a bank REO.  Cheap 3 bed/2 bath block home.  Sold with multiple offers within about 1 weeks time.  Should rent for $800 or so per month.  Sold for only $24,000. 
2. Michner Trail, Orlando, FL 32828.  Avalon Park beauty.  House was in great condition. 3 … (1 comments)

orlando short sale: Great Central Florida homes we sold in March 2010 - Orlando, Deland, Apopka, Altamonte Springs - 04/04/10 02:55 PM
Here are the latest Central Florida real estate deals that our firm sold last month.  March was a great month with some 40 homes that we sold in the Mid Florida area. 
    
     2494 Marsh Road                           15406 Galbi Drive                   1310 Votaw Road
1. Marsh Road, Deland, FL 32724. This 4 bed/3 bath home in the country was situated on a 1-acre parcel near the Deland airport in West Volusia County.  This estate sale home needed some fix up and actually sold for a little higher than I expected it too. $105,000 to a cash buyer.
2. Galbi Drive, Orlando, FL … (3 comments)

orlando short sale: Great real estate deals we sold in October 2009 - Orlando, Kissimmee, Deltona, Altamonte Springs - 11/03/09 02:48 AM
October was another strong month for home sales.  Our office sold 32 properties last month and many more are pending for November. Banks love to dump their REO and short sale inventory during the 4th quarter so that it won't be on their books for the new year.  Look at some of these great Central Florida home deals that closed in October 2009.  
            
     Fisher Drive                                  Morning Glory Lane                     Pelican Lane
- Fisher Drive, Deltona, FL 32725.  This 3 bed/2 bath/2-car garage home was a true investor special.  Bank owned REO needing a bunch of work but … (2 comments)

orlando short sale: An evening discussing foreclosures with the Florida Attorney General - 08/11/09 04:05 AM
Last night at the Lighthouse Landlords association we had the fantastic opportunity to have Jerrett Brock from the Florida Attorney General's office speak to us for 2 full hours and do a question & answer session.  His presentation was loaded with lots of very pertinent information for Florida real estate investors, Realtors, and mortgage brokers.
  
The one thing he continued to hammer probably a dozen times was about upfront fees.  Florida Statute 501.1377 and the new Florida Statute 494.00296 are very clear in his opinion.  You cannot charge upfront fees for any transaction used to stop or avoid foreclosure.  Some of the … (3 comments)

orlando short sale: Great house deals we sold during July 2009 - Orlando, Apopka, Deltona, Ocala - 08/03/09 07:45 AM
The Central Florida real estate market continues its steady pace.  Our firm had 33 sales during July 2009.  Below are just a few of the sales that Realtors with our firm sold last month.
         
 11605 Thurston Way                   3208 Dudley Drive                    4113 Winterwood Court
1. 11605 Thurston Way, Orlando, FL 32837. 3 bed/2 bath/2-car garage block house in South Orlando.  This seller used our flat fee MLS listing service.  Using our advice, they listed for $114,800 and sold in 31 days for $115,000.  They also used the $250 title insurance coupon from our website which makes the total cost of our … (2 comments)

orlando short sale: Why is the National Association of Realtors allowing banks to give Realtors the shaft on short sales? - 06/28/09 10:21 AM
Yes this is a rant. 
I simply don't get this.  By now nearly everybody has gotten the word.  Short sales stink.  The process for so many homeowners, buyers, Realtors, title companies, mortgage brokers, etc. is often unbelievably long, frustrating, and painful.  And even when you do get the short saling lender to finally come back with a reply months later, the buyer has often given up and disappeared.  Why aren't the banks forced to use some of their TARP money to expedite short sales?
  
Back last Fall, our local Mid-Florida Regional MLS that covers some 13+ counties in Central Florida became part … (10 comments)

orlando short sale: Second wave of foreclosures is coming - big time - 06/09/09 11:12 AM
This 60 Minutes bit has been around for a while, however many people still haven't seen it. Even though the real estate market does appear to have gained some steam recently with all the bailouts and the $8000 first-time home buyer tax credit, that still is not going to do much to prevent the continuous stream of foreclosures. These videos are very eye opening. If you aren't working the short sale and REO market now, after seeing this you may want to seriously consider positioning yourself into that market.
Part 1:

Part 2:

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(Copyright © … (1 comments)

orlando short sale: Beware foreclosure rescue scams, "big brother" IS watching - 04/02/09 08:45 AM
With the real estate market and general economy the way it is, more and more predators have come out from under the rocks.  Last year I blogged extensively on the Florida Foreclosure Rescue law FS 501.1377 that went into effect 10/1/2008.  This was Florida Attorney General McCollum's baby and since it went into effect he has been aggressively going after violators. 
   
I was fortunate enough to go with a group last Fall and actually meet one-on-one with the Attorney General so that we could discuss concerns about this new law.  The AG was quite open with us and stated that the … (4 comments)

orlando short sale: Foreclosure and short sale homes are selling in Orlando - 03/27/09 12:02 PM
I can't say for sure if it because it is officially Spring time which begins our busy season or if something has turned in the marketplace.  What I can say for sure is that properties are selling.  Sales are up and things are busy.  Our foreclosures and bank REO listings are often getting offers within just a few days and some are going with multiple offers.  Our short sale listings are getting approved reasonably quickly compared to what they were even just a few months ago.  The contract assignment deals are moving too - investors are buying in droves.
Granted the … (2 comments)

orlando short sale: What is working successfully for today's real estate market? -- Part 1 - 02/07/09 07:10 AM
I wrote some articles similar to this last year.  This is an updated version of those articles.  If you are still successfully in the real estate business right now, you need to give yourself a big pat on the back because I know first-hand how brutal the marketplace is.  Especially here in Central Florida where we are #7 on the nationwide foreclosure high list.
But I do not want to talk about gloom and doom.  I want to talk about what is working successfully in today's real estate market.  I certainly don't have all the answers, and I am thankful for every … (7 comments)

orlando short sale: Orlando foreclosures are everywhere - we're #7 - 01/15/09 12:48 PM
According to statistics released by RealtyTrac and the Orlando Sentinel, Florida is the #2 state in the USA and Orlando is the #7 metro area in the USA for foreclosures being filed.  Whether you like them or not, short sales and foreclosures are here to stay for quite a while.   The trend doesn't seem to be slowing down one bit.
  
What does this mean for anyone in the real estate industry? It means you better be focusing on foreclosures if you want to survive. Cheap foreclosure properties are still selling.  We have had 4 closings since January 1, and all 4 … (5 comments)

orlando short sale: Great Central Florida house deals that we sold in December 2008 - Orlando, Deltona, Sanford, Kissimmee - 01/03/09 11:28 AM
I am glad a few people did take my advice and try to get some great year end deals.  Banks love to unload properties before a fiscal year end, and some buyers really got some steals in December.
Here are just a few of the transactions we were able to get sold last month.  Many are foreclosures, bank owned REO's, and short sales. But some are just regular old good deals.
       
 2662 Delcrest  $155,000         2817 Maguire   $185,000       2871 Lockwood   $123,900    
1.  2662 Delcrest Drive, Orlando, FL 32817. This lovely 3 bed / 2 bath / 2-car garage home in East Orlando was a short … (1 comments)

orlando short sale: Orlando northwest short sale - 5501 Vance Avenue, Orlando, FL 32810 - 12/28/08 09:30 AM
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orlando short sale: Great Central Florida house deals that we sold in November 2008 - 12/01/08 12:10 PM
People continue to ask me if ANYTHING is selling in Central Florida.  My answer is an emphatic YES !!!
Great deals are happening every month and the proof is right here.  Below are just some of the deals that we sold during just the month of November 2008.  Don't you miss out.  December is the best month to pick up deals.  There are less buyers competing for deals and sellers - especially bank REO and short sale departments - want to unload properties before year end.
        
 1810 Hollenbeck $89,100             891 Carver $70,000                   3967 Pemberly $65,000
1.  3967 Pemberly Pines Circle, Saint Cloud, FL 34769.  … (4 comments)

orlando short sale: Florida attorney general issues opinion to Realtors(R) on the Foreclosure Fraud law FS 501.1377 - 11/12/08 08:28 AM
Florida Attorney General Bill McCollum issued an official opinion to the Florida Association of Realtors(R) last week regarding the Foreclosure Fraud law a/k/a FS 501.1377.
     
Basically what it boils down to is that real estate brokers and associates who are listing properties, negotiating short sales with lenders, and getting paid a commission at closing are fine as far as the AG is concerned.  Of course a court might just rule differently but hopefully not. 
You can read the specifics about the Attorney General's opinion on the FAR website.  So far a copy of this memo has not been published online anywhere that I could … (2 comments)

orlando short sale: East Orlando foreclosure short sale -- off market - 11/09/08 01:12 AM
This property is off the market for now. Great deal, but the foreclosure situation isn't going to work out. Oh well. Things will get better in 2009.
orlando foreclosure,east orlando foreclosure,orlando short sale,east orlando short sale,wedgefield foreclosure,wedgefield short sale,orlando house for sale,wedgefield house for sale,house for sale east orlando,house for sale wedgefield orlando,orlando wedgefield house for sale. List your East Orlando home with us. Short sale experts in East Orlando, that's us. … (1 comments)

 
Rob Arnold, Metro Orlando Full Service - Investor Friendly & F (Sand Dollar Realty Group, Inc.) Rainmaker large

Rob Arnold

Metro Orlando Full Service - Investor Friendly & F

Altamonte Springs, FL

More about me…

Sand Dollar Realty Group, Inc.

Address: Apopka, FL, Longwood, FL, Winter Springs, FL, Casselberry, FL, Orlando, FL, Deltona, FL, Debary, FL, , Altamonte Springs, FL, 32714

Office: (407) 389-7318

Fax: (407) 389-4418

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***Sign up for our email hot property list & newsletter*** We Buy Houses Florida.com (TM) We Buy Sinkhole .com I Buy Houses Orlando .com My thoughts on the real estate industry, real estate investing, rental properties, mortgages, listing houses in the MLS, government and legislative issues affecting real estate brokers and investors. Serving metro Orlando & most of Florida. Rob Arnold - ABR, CPL, CRB, GRI, PHP - Managing real estate broker, Notary Public Disclaimer: This blog is for educational, entertainment, and yes blatant advertising purposes. Read it at your own risk and enjoyment :-) It is not meant to be construed as legal or financial advice. These are my personal views and opinions only. Regarding any properties advertised on this blog site - all information is deemed reliable but is not warranted nor guaranteed - price, terms, and availability are subject to change without notice. Copyright © 2007-2013. Sand Dollar Realty Group, Inc. All rights reserved.


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