Orlando real estate deals we sold in September 2010 - Altamonte Springs, Debary

Real Estate Agent with Sand Dollar Realty Group, Inc. BK627826

September was a crazy month for sales in Central Florida.  The $8000 tax credit came to an end this month - if you had a straggling contract from back in April but didn't close it before September 30, your chance at getting the credit is gone. Sadly I know a few short sale buyers that lost deals because of this deadline.  Additionally GMAC, JP Morgan Chase, Bank of America, and a few other REO bank owned sellers pulled their listings off the market this month - including listings that were pending to close.  It should be quite interesting to see the affect this will have on the monthly sales statistics.  We did manage to close quite a few deals during September though.  Check these deals out:


                    Moorings                              Leon                                      Spindletree

1.  Moorings Lane, Orlando, FL 32810.  3 bed/2 bath/2-car garage home.  This was previously a short sale that we sold to this buyer.  They bought it cheap, fixed it up beautifully, and re-sold it for a roughly 20K profit.  Flipping houses is alive and well in Central Florida.  Sold for $98,500.

 2. Leon St, Altamonte Springs, Fl 32701.  3 bed/1 bath block home.  This was probably the worst, nastiest house I have ever listed.  House needed a roof and had mold issues, yard was overgrown, and pit bull dogs next door.  House had code enforcement liens and was a short sale on top of that.  In 2006, the owner paid $134,000 for this home.  In 2010, our buyer paid just $4,000.  That's a heck of a short sale.

3. Spindletree Lane, Orlando, FL 32829.  3 bed/2 bath/2-car garage home.  Great southeast Orlando area neighborhood.  Another flip deal.  Buyer bought this home at the foreclosure auction, fixed it, and re-sold it within about 3 months for $151,000.

4. Valencia Road, Debary, FL 32713.  3 bed/1 bath super cheap home.  Bank owned REO.  Great wholesale deal.  Our buyer bought this home for $26,000 and wholesaled for a nice profit.

5. Steeplechase Blvd, Orlando, FL 32818. 4 bed/2 bath pool home. Beautiful home on a 1-acre lot in West Orlando.  Sold for $220,000.

Deals are selling around Orlando. We have many cheap properties listed for sale or available on our wholesale list at this very moment.  If you need help finding a great deal for yourself, please contact one of our Realtors or simply contact me directly and I will assist you with your home buying and selling decisions.


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate General Information
Florida Seminole County Altamonte Springs
Fixers, Flips, and Rehabs
Short Sales
Central Florida
Seminole County Florida
Florida Real Estate Investors
short sale orlando
buy foreclosure orlando
buy foreclosure altamonte springs
buy foreclosure debary
short sale altamonte springs

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Fabulous post to publicize your successes on the buy side and sell side. Good job.
Oct 03, 2010 05:50 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Rob Arnold

Metro Orlando Full Service - Investor Friendly & F
Ask me a question
Spam prevention

Additional Information