orlando short sales: Great Orlando home deals we sold in December 2012
- 01/04/13 11:57 PM
Another year and December 2012 is behind us. Despite inventory being down, more great deals are selling. And not all foreclosure and short sale deals. About half of them are regular old traditional home sales. Check out this sampling of homes that we sold last month in metro Orlando.
Westwood Eaglewood Jessup
1. Westwood Dr, Longwood, FL 32779. This 3 bed, 2 bath pool home was a bank owned REO. It was in pretty bad shape but located in a great Seminole County school district. And for a nominal fee you can gain lake access … (6 comments)
orlando short sales: Two of Sand Dollar Realty Group's Realtors quoted in today's Orlando Sentinel regarding foreclosures & short sales
- 02/07/10 03:11 AM
I thought this was pretty cool. 2 of our firm's Realtors were interviewed and quoted in the front page article of today's Orlando Sentinel. We have many short sale, foreclosure, and Orlando real estate experts working at our firm. It is great seeing them get the recognition they deserve for their knowledge and expertise. Here is a direct link to the article: The rate of short sales vs foreclosures. Both Fred Allen and Shaina Markulin have been with our firm for several years selling short sale and foreclosure properties throughout the Central Florida and Space Coast. The article also contains a … (0 comments)
orlando short sales: Central Florida homes are selling briskly with the $8000 tax credit deadline looming
- 10/11/09 02:44 AM
Interesting story in today's Orlando Sentinel. It goes into depth of one man's saga to try and buy a decent home before the $8000 tax credit runs out. After 4 months of looking, the would be buyer gave up because everything he liked either sold with multiple offers or else could not pass FHA financing standards. Now that we are in mid-October, anybody that doesn't put a house under contract immediately is going to struggle to meet the deadline if they are trying to obtain conventional or FHA financing. The story points out that nearly all of the decent affordable Orlando homes for sale are … (2 comments)
orlando short sales: Short sales and double closings - the good, the bad, and the ugly - Part 1
- 08/30/09 04:29 AM
Short sales and double closings - a controversial subject to sale the least. Many Realtors have never even heard of this type of transaction while many real estate investors have done dozens of these transactions successfully. There are even some very highly respected real estate "gurus" out there teaching how to do these. Just do a quick Google search and you will find several people selling courses and trainings on how to make giant profits by doing these type of transactions.
Basically the short sale double closing concept comes in 2 forms. Both transactions involve a homeowner being upside down with … (20 comments)
orlando short sales: 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 sales: Some fresh legal feedback on Florida short sales, foreclsoure rescue, & loan modifications
- 06/17/09 09:31 AM
Last Friday Central Florida Realty Investors association put on a powerful discussion panel featuring Florida Deputy Attorney General John Pare', Mike Moore from the Florida Office of Financial Services, and 2 local real estate attorneys Bob Lerner and Joe Seagle. The room was packed with at least 100 people coming from as far away as Tampa and Fort Meyers.
This panel gave out a lot of true meat and potatoes as far as answering serious pertinent questions regarding the Florida Foreclosure Fraud Law FS 501.1377 as well as unlicensed activity by non-attorneys or real estate brokers. Many of the questions from the audience were … (3 comments)
orlando short sales: 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 sales: Florida foreclosures get a Christmas vacation
- 12/02/08 08:05 AM
Florida Governor Charlie Crist announced in a press conference today that he has been able to negotiate with some lenders including Bank of America/Countrywide to abate the foreclosure process for the next 45 days. This is good news for some people that are really struggling.
This abatement would be voluntary, will only affect some lenders, and will only apply to primary residences. It also will not affect properties that are already in foreclosure - just new foreclosure filings. Hopefully these people that are being given a break won't just put their head in the sand for another 6 weeks and spend their mortgage … (2 comments)
(1) There are fewer buyers in the marketplace, and (2) sellers are much more motivated than in other times of the year because of tax reasons. Let me elaborate a little bit here. #1. The reason there are few buyers is obvious. November and December starts the holiday season with Thanksgiving, Christmas, Hanukkah, Kwanzaa, New Years, and whatever other new holiday might pop up that I don't know about yet. Buyers are busy shopping, … (3 comments)
orlando short sales: The Good Side of the Short Sale Business
- 03/22/08 01:31 AM
In spite of some of the previous articles I have written on this subject, there is a definite positive side to the short sale business. When a homeowner is "upside down" on their property for whatever reason, something must be done to solve their problem. Believe me that with the way the market is right now, lenders do not want foreclose on another property. Lenders are already up to their eyeballs in foreclosures, short sales, and REOs. If they can resolve another bad loan, that is a good thing for all parties involved. If the homeowner does not want to move out and can still afford the payments, … (2 comments)
orlando short sales: Florida short sale listing service
- 03/06/08 04:57 AM
Whether you are a real estate investor or a short sale mitigation company, we have a great deal for you. As you may know, most lenders require that properties facing a short sale be listed with a real estate broker or Realtor in the local MLS before the lender or their loss mitigator will approve them. We are here to provide that service to you.
Our office currently services 22 counties in Florida and is expanding as opportunities arise. We cover all of Central Florida including Orlando, Tampa, Ocala, and the Space Coast. We also cover all of Southeast Florida from Miami Dade … (0 comments)
orlando short sales: Short Sales – Are they worth doing?
- 03/01/08 02:30 AM
Short sales seem to be all the buzz of the last year or so. Every time I attend a broker breakfast or a committee meeting at the board of Realtors, it seems like everyone is practically asleep until the topic of short sales gets brought up. Then the whole room goes into a frenzy. Some Realtors get so emotional on this subject that we almost need to bring in a referee to "break it up".
I completed my first short sale back in 1999. I had never done one before and never had any formal training. I just called the seller's bank … (12 comments)
Related Links:
Rob Arnold
Metro Orlando Full Service - Investor Friendly & F
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.
Another year and December 2012 is behind us. Despite inventory being down, more great deals are selling. And not all foreclosure and short sale deals. About half of them are regular old traditional home sales. Check out this sampling of homes that we sold last month in metro Orlando.
;)
;)
;)
