This Orlando short sale property is located in the in the very sought after community of Rosemount Point. The property is nestled in a very quite and child friendly neighborhood with a large Community Center, Pool and playgrounds all within walking distance of your front door. This property is also conveniently located close to shopping malls, restaurants, movie theaters and more.
With only minor repairs to be made perfect again, this property has tremendous potential for any homeowner or investor wanting to buy and hold.
Property Details
3 Bedrooms
2 Bathrooms
Open Floor Plan
2 Car Garage
Large Fenced-in Yard
Community pool
Community Playground
Tennis Courts
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This week our featured property is located in the beautiful neighborhood of Hunters Creek. This neighborhood was recently voted the 21st best place to live in America. The top-rated schools in addition to everything else mentioned below, Hunters Creek is one of the most desirable neighborhoods in Orlando. The good news is that you can still find a great deal in Hunters Creek.
The Parks of Hunters Creek
If you have kids, you will love Hunters Creek, It’s obvious that when they made the plans for building Hunters Creek 25 years ago, they had young families in mind all the way. There are playgrounds, soccer fields, baseball fields, football fields, basketball courts, tennis courts, and racquetball courts for residents to enjoy. Hunters Creek also has youth sports programs for just about any sport you can think of for children wanting to participate. There are also gazebos and community centers that can be used for private activities.
Shopping and Restaurants
Hunters Creek is conveniently located close to several good restaurants right there in The Village. Wherever you live in Hunters Creek, you’re only a few minutes away from a healthy selection of family restaurants, pubs and there’s even a Farmers market. If it’s a mall your looking for, try going to the Loop. It’s just minutes away and it has a wide array of stores as well as a movie theater.
Shingle Creek Trail
Over the years we’ve seen enough animals in our backyard to start a zoo. We’ve seen deer, turkeys, river otters, bobcats, foxes, wild boars, bald eagles, Sandhill cranes, and owls just to name a few. With ponds everywhere, most residents are able to go fishing, kayaking, or canoeing without even having to drive. Although we’ve seen small alligators in the water, the larger ones are removed by animal control and taken to Gatorland.
Shingle Creek Trail is a beautiful conservation area that consists of hiking trails, bike paths, lakes and there’s even a trail that travels along the side of Shingle Creek where people go kayaking, canoeing, and fishing. We often go bike riding through the trails because my boys love it.
It’s a 1 story home with 4 bedrooms and 2 bathrooms and 1,878 sq ft of living space.
Here are just a few of the property’s features
* Large master suite
* Open Kitchen with tons of cabinet space
* Granite countertops throughout
* Vaulted Ceilings
* Solid wood cabinetry throughout
* Dining and great room designed for family gatherings and entertainment.
* Lots of natural lighting
* Huge backyard on a pond
* 2-car garage
* In-ground screened in pool
Easy access to schools, first-rate shops, and restaurants. A must-see!
Call to make your appointment, You DO NOT want to miss out on this Great opportunity! Make an offer today before it’s too late.
Are you currently searching for your Orlando dream home? Look no further just click on; search Orlando Luxury real estate and you’ll have access to all the properties listed on the Florida MLS. Within just a few clicks of your mouse, you’ll be searching out Florida real estate like a pro.
This is an Orlando short sale, that will be sold at a huge discount and will be a great deal for anyone wanting to live in this area.
Orlando Realty Consultants is proud to add 9797 PORTOFINO DR in ORLANDO to its list of breathtaking luxury homes. Built in 2003, this 2,476 sq ft. two-story single-family home is located in one of Orlando’s premier neighborhoods, Nonacrest!
A must-see! This is a Gorgeous 2 Story 3 Bedroom/3 Bath Home with a Bonus Room that can be used as a 4th Bedroom. The master Room is upstairs with a HUGE sitting area and Pond View. It’s Breathtaking.
With 3 bedrooms and 3 full bathrooms and large common areas, the open layout has an enticing flow to it. Exquisite solid wood cabinetry, exotic granite countertops, and top-of-the-line appliances all come together with amazing attention to detail throughout this gorgeous house.
Check out these features
* Huge master’s retreat with sitting area
* Wide open Kitchen
* Vaulted Ceilings
* Granite counter tops throughout
* Solid wood cabinetry throughout
* High end appliances and fixtures throughout
* Dining and great room designed for family gatherings and entertainment.
* Covered back patio
* 2-car garage
* Large pool with a spacious deck for backyard Barb-B-Que’s and pool parties
Easy access to schools, first-rate shops and restaurants, and close to Orlando’s top medical facilities
So much more a definite must-see!
Call to make your appointment, You DO NOT want to miss out on this Great opportunity! BANK-APPROVED PRICE!!
Are you currently searching for your Central Florida dream home? Look no further just click on; search Orlando Luxury real estate and you”ll have access to all the properties listed on the Florida MLS. Within just a few clicks of your mouse, you’ll be searching out Florida real estate like a pro.
The days of flipping houses in Orlando are back in a big way. Investors have their ears to the ground just waiting for the next good deal to hit the market so they can snatch it up and make a nice profit. The increasing amount of Orlando short sales and REO properties on the market are attracting house flippers like blood in shark-infested waters.
Many rehabbers took a beating when the market turned in 2007. Some were caught with their pants down holding several properties that were freshly renovated and instead of flipping them for a large profit, most of them ended up as Orlandoshort salesor REO properties.
Rehabbing can be tricky if you don’t know what you’re doing and there are a million things that can go wrong. You really need to know your numbers and give yourself a huge cushion as far as how much you price it for.
5 tips to keep in mind when re-habbing a house
1- Buy your investment property at the right price- It’s crucial that you buy your investment property for the right price or you could end up losing a lot of money in the end. Be realistic with your numbers and always, always give yourself a cushion.
2- Keep away from funky floor plans– Nobody wants to live in a house with a weird layout. Even if you think you’re getting a deal of a lifetime it can be very hard to get top dollar for a house that doesn’t have an appealing floor plan.
3- Don’t take on too big of a project- Keep it simple, choose an investment property that doesn’t need any major structural repairs. Kitchen and bath remodels are OK but major repairs should be left to experienced investors.
4-Hiring contractors– Make a list of the work that needs to be completed and get at least 3 estimates. Make sure to ask for references from any contractors you hire and be sure to get everything in writing. It’s crucial that you get the work done as quickly as possible, come up with a realistic time frame for the work to be completed and make sure your contractors commit to it. If not you could end up shrinking your profit margin substantially.
5- Price it correctly from the start– This is where your Orlando realtor comes into play. Pricing your investment property is key and should be done by an experienced real estate agent that specializes in the area of where your property is located. You don’t want to price it too high because it will take longer to sell. Remember, each day the property sits on the market is costing you money.
The Orlando Real Estate Market is ripe for re-habbing properties right now
Even though you should never rely on appreciation when buying an investment property, the Orlando real estate market provides the perfect conditions for flipping houses right now. Property values are steadily going up in most parts of Orlando and if you’re able to find an Orlando investment property at the right price, you could turn it into a nice profit. Orlando realty is hot right now and smart investors are taking full advantage of the current market conditions.
Savvy Orlando real estate investors are beating first time home buyers to the punch
1st time home buyers looking for their ” dream home” are no competition for the seasoned Orlando real estateinvestor. People looking for their 1st house to move into with their families are finding themselves being squeezed out of the Orlando real estate market by investors looking to capitalize on the current market conditions. With a growing number of people being foreclosed on each week , Orlando short sales are everywhere and investors know that the rental market will keep getting stronger as homeowners that have been foreclosed on scramble to get into rental properties in addition to people moving into the Orlando area from another state or country.
1st time Orlando home buyers grow increasingly frustrated
I feel bad for my clients who are just looking to buy their first home so that they can get their family moved in and settled. These people have no intention of flipping the house for a quick profit, pulling an equity line on it or renting it out for additional cash flow. They just want to move in, raise a family and do their best to “live happily ever after”. The problem with first time home buyers is that they have to qualify for financing which can take a while sometimes and there’s never a guarantee that they will get approved.
Today’s average seller is very educated on how different types of buyers and terms could affect them. It’s not just about taking the highest offer that you receive.
3 Tips for Sellers when looking at offers
1- Is the buyer pre-approved? I personally won’t even show one of my listings unless I have proof that the potential buyer has already done their due diligence as far as going to a mortgage broker or lender and getting pre-qualified for a loan. The buyer will also know what an affordable purchase price will be for them.
2- Will the house appraise for the amount of the asking price? A seller could have a contract on the property with a pre-approved buyer willing to pay full asking price and the deal can still fall apart. These days lenders will almost always insist on an appraisal being done on the property with an appraiser of their choice, [not the buyer or seller’s choice]. Once the appraisal is ordered by the lender, the lender will work off of the appraisal value and sometimes the property just doesn’t appraise for the amount of the contract price.
Things that can happen if the house doesn’t appraise for asking price.
a- The seller comes down on the asking price in order to make the deal happen. This is what usually takes place because the seller realizes that he will probably run into the same problem again and will ultimately have to lower the price in order to get the house sold.
b-The buyer will have to come out of pocket to make up the difference. This rarely happens unless the buyer is absolutely in love with the home and the seller is unwilling to lower the price.
c- The deal just falls apart.
3- Are your buyers Cash buyers? Cash buyers are almost always investors looking for their next investment property.
Things to consider when you have an “all cash offer”
a- A cash buyer will not pay you full retail price for your house. Whether they are buying with the intent of flipping or renting it out, they are going to want a deal that makes sense to them, [dollars and cents]
b- Cash buyers can close quickly. One of the benefits of working with cash buyer is that there are no lenders involved. Experienced investors will already know what the numbers are even if there are repairs involved. They will rarely get an appraisal done which means that there are not many things that can get in the way of this deal getting done, usually within 3 days or so.
