first time home buyer: TOP 5 PRELIST - ORLANDO, FL HUD AND BANK OWNED HOMES - 01/20/11 09:27 AM
Here is my TOP 5 list of the best PRELIST properties around Orlando, Fl. They included bank owned homes and HUD Houses. These homes are not yet available to the general public but are coming soon. So here is my run down of whats coming.
 
1) Lake Mary, FL - HUD Home - 304 Dorchester Sq - 2 Bedrooms, 2 Bathrooms granite countertops almost 1000 sq ft perfect for the first time home buyer - own it for as little as $100 down and only $225/mo HOLY COW you cant find rent anywhere that cheap. $42,000
 

 
 
2) … (2 comments)

first time home buyer: Orlando First Time Home Buyers - Get off the fence and Get behind it - 03/14/10 12:40 AM
Orlando First Time Home Buyers your free $8000 Tax Credit is set to expire really soon. That's right in less then 48 days the first time tax credit will expire and you will have missed out on one of the greatest home buying perks ever!
Plus if you are a move up buyer you can qualify for the $6500 tax credit but again that expires in 48 days as well. If you are on the fence now is the time to get off it and behind it instead!
 

So how do you qualify for the $8000 or $6500 tax … (4 comments)

first time home buyer: New FHA Rules Could Cost First Time Home Buyers Thousands for Waiting - 01/22/10 08:35 AM
New FHA guidelines were announced earlier this week. Over 30% of all new loans are FHA loans. One of the biggest rules I feel that will impact First Time Home Buyers is the reduction of seller contributions to buyers closing costs. Until recently a seller could give up to 6% the maximum amount of costs a buyer would every experience in closing costs. 
 
Under the new rules which will begin in late Spring or Early Summer is reducing that amount from 6% to 3%. Meaning that as a first time home buyer you would not only have to come up … (4 comments)

first time home buyer: First Time Home Buyer Tax Credit Recipients around Orlando - 01/22/10 08:13 AM
In a previous blog First Time Home Buyers are running out of time to collect the tax credit I talked about how there are now less then 100 days left in this program. What most people dont realize is that for many first time home buyers that make $50,000 or less a year receiving a free $8000 cold hard cash from Uncle Sam is like receiving a 15% increase in pay. 
 
I wanted to show you some of the First Time Home Buyers like yourself in the Orlando area that have recently closed on homes and received $8000 from the government … (16 comments)

first time home buyer: Longwood Pool Home for Sale - Less then $500/mo - 01/17/10 01:14 AM
Tired of paying rent? Ready to own your own home? Then this property is for you.
Located in Longwood, FL this home sits right on the boarder of Lake Mary and is zoned for all of Lake Mary's Schools, rated A!
Where can you rent for less then $500/mo? With a standard FHA mortgage this home is only $497/mo
PLUS YOU QUALIFY FOR A FREE $8000!!
 
Built in 1980
1,455 Sq ft
2 Bedrooms
2 Bathrooms
1 Car Garage
Large lot
Inground Pool
Bonus Room
Wood Burning Fireplace!!!
What more can you ask for?
 
Or maybe your an investor … (2 comments)

first time home buyer: Seminole County NSP down payment assistance program a bunch of hogwash - 01/15/10 06:35 AM

Seminole County's down payment assistance programs have always been more difficult then the other counties and more then it needs to be. They choose to go by a different drum. Orange county reaches out to their lenders and Realtors to ask advice when putting together their programs and probably why they go so smooth and help so many families and while unlike Seminole county still have SHIP funds.
 
I have a client that I have been working with trying to get her all the information and in touch with the right people so we can ensure she can afford a … (4 comments)

first time home buyer: Orlando Foreclosure stats for January 2010 - 01/15/10 12:07 AM
This blog is part of a monthly series about the foreclosure market in the Orlando area. My goal is to keep area home owners and buyers educated on how the REO market is recovering or if it is and what deals are out there for both First Time Home Buyers and Investors. Click the link to see Orlando's December Foreclosure Numbers.
 
 
Area Number of Homes
Florida 56,284 Bank Owned Homes in the State of Florida
Orange Co 4,560 Bank Owned Homes in Orange County
Seminole Co 799    Bank Owned Homes in Seminole County
 
These numbers are said … (4 comments)

first time home buyer: Orlando Real Estate for Sale - 12/13/09 01:10 PM
Looking for a stunningly remodeled home with 3 graciously sized bedrooms, 2 bathrooms with beautiful tile work, dark wood vanities, a kitchen to die for - granite counter tops, stone back splash, all ss appliances, quite close cabinets and drawers, new tile flooring throughout, 1/4 acre fenced yard, sparkling blue pool, nicely done garage, meticulously landscaped and minutes to everything Westyn Bay in Ocoee, 429 & 408, Newly developed Apopka, Downtown Orlando.
This home has it all and for only $124,900 makes the perfect first home or investment.

(0 comments)

first time home buyer: Orlando First Time Home Buyers - Free $8000 for those who get off the fence - 12/13/09 01:02 PM


You have probably heard about the extension of the first time home buyer credit. 
If you are a first time home buyer and purchase prior to April 30, 2010 you can receive up to $8000 in free money.That's right free, no repayment.* Now you are probably thinking I dont want to have to wait until I file my taxes next year to get that $8000. Even better news, you dont have to.
That's right you can contact a CPA to have them amend your 2009 taxes and get you that $8000 as soon as you close on your new home. Already purchased a home this … (0 comments)

first time home buyer: First Time Hone Buyers Put the Brakes on Expectations - 12/13/09 12:57 PM
There is no doubt it's a buyers market. Inventory levels have never been better, coupled with the best interest rates in years and you have the perfect synergy effect for home buyers. However, buyers beware just because you have the perfect conditions does not entitle you to unrealistic expectations. While this market gives you the opportunity to buy a house, it does not mean you get the Tasmajal on a Clampett budget (pre hitting oil).While you might be able to afford more home, do you really need it? Will you use all those extra rooms? Do you have time to handle the landscaping … (3 comments)

first time home buyer: Opportunity is Knocking in Real Estate here in Orlando - 12/13/09 12:52 PM
You might be hearing a lot of noise in the Real Estate arena, could all that noise be opportunity knocking? I read some great information and thought I would share it with those of you who have been on the fence about purchasing real estate here in Central Florida. First time home buyers now has never been a better time. Are you unsure if you can financial afford to buy or maybe people have been telling you to wait til interest rates or prices go down. If so then you need to read my blog about financing your real estate.  This is … (2 comments)

first time home buyer: Oviedo Bank Owned Home for Sale - 12/05/09 09:44 AM
Oviedo Bank Owned Home for Sale in Alafaya Woods. This bank owned home is in fairly good condition and needs just a little TLC. The bank is highly motivated and has price this home charming 3 bedroom, 2.5 bathroom 1,683 sq ft home at $126,000. Alafaya Woods is just minutes from the 417, University of Central Florida (UCF), Waterford Lakes and many shops and restaurants.
This home would be the perfect starter home for a First Time Home Buyer or an Investor. For the First Time Home Buyer purchase this home prior to April 30 and qualify for the $8000 tax … (4 comments)

first time home buyer: First Time Home Buyers Your Home Is Too Small for your couch - 11/29/09 01:48 PM
I specialize in working with First Time Home Buyers and have heard this line time and time again. I love the house, everything is perfect, but "I just purchased a new_____ (bed, table, couch) and it wont fit in the _________ (bedroom, dining room, living room)" You fill in the blanks, but either way you fill it in, it's still the same sad excuse. Part of my job as a buyers agent for First time home buyers is to help educate you and help you see past the little hurdles that often times hinders buyers from purchasing the right home. Your furniture is not part … (1 comments)

first time home buyer: Bank Owned Properties - Sold in Orlando - Investors and First Time Home Buyers - 11/19/09 11:01 PM
This month we have had the pleasure of helping many buyers purchase their first home to investment properties. As an reo listing agent I have the insider tips and tricks it takes to get my buyers deals accepted on bank owned homes in the Orlando area. Let's take a look at the amazing deals this past month that my buyers have had the opportunity in purchasing. Values represent homes in their current condition.
 
Address Purchase Price List Price Appraised Value
Beechdale Ct  $50,000 $67,500 $85,000
  Sugar Bend Dr    $18,000 $30,000
Belhaven Dr $200,000 $200,000 $222,000
S Old Mill … (4 comments)

first time home buyer: Orlando First Time Home Buyers - Dont Stress - 11/18/09 10:32 AM
As a first time home buyer there are generally many stresses that come along with purchasing that first home, almost like planning a wedding. You want everything to be perfect, you want the whole thing to be beautifully orchestrated and when it's not just right, when one little thing goes slightly in the wrong direction first time home buyers tend to freak out and go into panic mode.
With the right Buyer's Agent in your corner this shouldnt be the issue. The Realtor is there to help asses your fears and the situation and disseminate the problem. A good agent often … (3 comments)

first time home buyer: New Construction Oviedo - First Time Home Buyer - 11/12/09 01:55 PM
 Have you dreamed about living in Oviedo? Looking for new construction? 
New Construction Town Homes in Oviedo for less then you pay in rent.
I have negotiated a deal with a local builder who is trying to sell off their inventory right here in Oviedo. There is a limited quantity of these units availble at this pre-negotiated price. These are NOT condo conversions and are newly built town homes.
Community features a pool and playground, easy access to 417, UCF and all that Oviedo has to offer.
All monthly payments include (HOA, Taxes, interest, insurance and mortgage principle), all you need … (0 comments)

first time home buyer: First Time Home Buyer Tax Credit Extension - Something to be Happy About - 11/04/09 10:56 PM
Orlando & Lake Mary First Time Home Buyers have something to be happy about this morning. The First Time Home Buyer Tax Credit has passed the Senate last night with a majority vote of 98-0. Now the bill goes to the House where it could be voted on as early as today.
 
The passing of this bill is great news, but what's even better is this tax credit not only applies to first time home buyers but to home owners looking to purchase a move up home. I think this is the last little boost the housing sector needs to … (3 comments)

first time home buyer: Lake Mary First Time Home Buyers - Last weeks to get the $8000 tax credit - 09/30/09 08:51 AM
Lake Mary First Time Home Buyers have you been sitting on the fence thinking about buying, really wanting to buy so you can take advantage of the free $8000 tax credit out there. Well dont sit too much long as the deadline for the tax credit is fast approaching. Many of you know the incentive runs out on November 30, 2009
That's almost 2 months away, I have plenty of time. WRONG! The standard FHA financing deal takes a minimum of 45 days now thanks to Regulation Z. With that being said lets say you put a contract in this weekend … (0 comments)

first time home buyer: Lake Mary First Time Home Buyers - Last weeks to get the $8000 tax credit - 09/30/09 08:47 AM
Lake Mary First Time Home Buyers have you been sitting on the fence thinking about buying, really wanting to buy so you can take advantage of the free $8000 tax credit out there. Well dont sit too much long as the deadline for the tax credit is fast approaching. Many of you know the incentive runs out on November 30, 2009
That's almost 2 months away, I have plenty of time. WRONG! The standard FHA financing deal takes a minimum of 45 days now thanks to Regulation Z. With that being said lets say you put a contract in this weekend … (1 comments)

first time home buyer: Orlando First Time Home Buyers Guide: Part 6 Taking care of your first home - 08/24/09 02:32 PM
Orlando First Time Home Buyers this is your guide to everything real estate related and where to begin. The first parts of this series discussed if purchasing a home is right for you and how to finance your first home, the second part discussed why you need an Orlando Buyer's Agent. Thirdly went over How to Make an Offer on your First Home and what can go wrong while under contract. Lastly we discussed what happens at the closing table

You are officially a home owner and have successfully moved into your New Orlando Home. A new house isn’t a home until it’s warmed by your personal items.  It’s … (1 comments)

 
Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes (LemonTree Realty)

Heather the Realtor Orlando, Lake Mary

First Time Home Buyers, Bank Owned Homes

Orlando, FL

More about me…

LemonTree Realty

Address: 10 n summerlin ave 28, Orlando, FL, 32801

Office: (407) 810-6304

Mobile: (407) 810-6304

Heather Unger's blog is for those looking to gather information on Central Florida's Real Estate Market including areas such as Orlando, Lake Mary, Baldwin Park, Lake Nona, Longwood, Seminole County, Winderemere, Winter Park, Thornton Park & College Park.
In her blogs you will find information on how the current and local market is for all types of buyers and sellers from first time home buyers to the luxury real estate market, where to find the next deal in new construction and bank owned properties (REO) or how to get your home sold quickly. Better yet check out her website www.HeatherTheRealtor.com.
Here you can also find her video blog showing her recent appearances on HGTV's House Hunters and other great real estate videos, plus information on local communities and areas.


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