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Attention Real Estate Investors!

Right now is the best time to buy a short-term rental home in Orlando. Let me explain why…

With small rooms and limited amenities, overpriced hotels are not very appealing to vacationing families looking for a luxury vacation. Today’s vacationer demands more, which is why more and more people are choosing to stay in luxury vacation homes. These amazing resort communities offer something to everyone in the entire family.

1st Class Amenities

Vacationers staying in these properties can enjoy a wide range of on-site amenities. From world-class golf courses to private water parks and everything else in between. There is also a wide range of dining and entertainment options to choose from. It’s no wonder why some guests never even leave the resort!

World-Renowned Attractions

All of these resort communities are located just minutes away from all the major attractions in Orlando like Walt Disney World, Sea World, Universal Studios, and too many more to mention! Well-known shopping malls like the Mall at Millenia, Florida Mall, and others are also just a short distance away for visitors who love to shop.

Entertainment and Dining

In addition to the restaurants you’ll find within the property, Central Florida is home to a seemingly endless selection of restaurants to satisfy anyone’s taste. With places like City Walk and Downtown Disney, club-goers and bar hoppers will be in heaven. If guests prefer to see a show instead, Central Florida’s got you covered.

Investing In A Short Term Rental Home

It’s easy to see why over 65 million people a year visit Central Florida…we have everything you could ask of a vacation spot! That’s why it’s such a struggle to keep up with the demand for short-term rental homes. This is great news for Orlando real estate investors looking to cash in on this very specialized.

Smart investors are buying these properties up in the first phase of construction so they can take full advantage of pre-construction pricing, free upgrades, and buyer incentive packages.

Turn-Key Investment

Top-notch property on-site management companies make it super easy to keep your property occupied for as long as you want it to be because they do it all for you! The property manager will take care of marketing, maintenance, and even send you the rent check. All the homeowners have to do is select the weeks in which they want to use the property for themselves and they will rent it out the rest of the time making sure you get the most from your vacation home investment.

If you’d like more information about purchasing a short-term vacation rental in Central Florida call us at 407-902-7750 for immediate assistance or visit us at. http://buyrentalhomesorlando.com/

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Listing Your Fixer-Upper

People’s opinions of what a fixer-upper is may vary depending on who you are and what your experience level is in fixing up homes.  If all the house needs is a coat of paint and some minor cosmetic repairs, then it’s probably worth it to do the work yourself before listing the house on the market so you can sell it to a retail buyer.

It’s always a good idea to consult your Orlando Real Estate agent before doing any work.

However, if the home is in need of some substantial repairs or a major remodel, then that’s a whole different beast altogether. Most of the time, properties that are in need of such repairs will be bought by an investor who fixes up homes for a profit.

Other times the buyer will be looking to fix up the home themselves with the intention of living there.

Most people don’t have the capacity to see past the repairs and visualize the finished product. These people need a little help and it’s up to you [the seller] to sell them what could be their dream house.

In general, it will depend on the extent of the repairs needed but, If you intend to list a fixer-upper, it will be advantageous for you to have some estimates from a few different contractors in the area.

A professional contractor has the skills and equipment needed to complete any repairs safely and in a timely manner. It’s always best to hire someone with the proper licensing and insurance to avoid any problems that may occur during the job.

By taking the time to get a few estimates for the repairs on your fixer-upper, you’ll be able to show a potential buyer the light at the end of the tunnel. It will also show the buyer that you cared enough to go the extra mile for them.

If you have a fixer-upper in Central Florida and need to sell it fast for the highest amount, call or text us at 407-902-7750 or visit https://orlandorealtyconsultants.com/

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Top 5 Homebuyer Tips for a Smooth Transaction

 There are many steps involved in purchasing a home. Hiring the right Orlando Real Estate Agent will be at the top of the list. There is nothing worse than working with an agent that is not capable of helping you accomplish your goal of buying a home.

Second, you need to make sure you are pre-approved for a loan. This is a big factor that many buyers overlook. Potential homebuyers will start looking at homes without any knowledge of their creditworthiness.

When looking at homes with your Real Estate agent be sure you have done your own research on school zones, commute times, and nearby hospitals, especially families with young kids.

When a homebuyer has found the right home and has an accepted contract you will need to provide the signed documents and financials to your mortgage company to start the loan process. All contingencies must be in writing.

Depending on the terms of the contract, you will have a specific time frame in which you have to complete all home inspections. You want to check the safety and condition of the home.

The inspections must be done by a professional and certified inspector, otherwise, the lender will not accept it.

There are many companies out there so you want to consult with your Orlando Realtor to make sure you hire a reputable company.

As part of the transaction, you will need a termite inspection, also called a WDO (wood destroying organism). Termites are insects that feed on dead plants, such as wood. This can be very destructive in a home.

In addition to this, you need wind mitigation. This will save you hundreds of dollars a year on your home owner’s insurance.

Now, you are approved and ready to sign. Don’t forget the final walk-thru. This is usually done a few days prior to closing to ensure the home is in the same condition as when you signed the contract.

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Orlando Homes Sell Faster With Tech-Smart Upgrades

There are always two sides to Orlando Real Estate. Home sellers want to get the highest dollar amount for their property, and buyers looking for a deal of a lifetime on their dream home.

There are numerous ways a homeowner can add value to their homes to to justify a higher selling price. Simple upgrades like a fresh coat of paint or fencing in the backyard can justify a small increase and make a home more attractive to potential buyers.

These days however, homeowners would be wise to also look into technology upgrades to their home. By installing functional and efficient home technology to a home, it will definitely fetch a higher selling price and sell faster than a similar home without these tech-savvy improvements.

There was a recent study done among 500 real estate agents in Orlando to get a better understanding of what buyers were interested in when it came to smart home technology. The study revealed that home buyers are now much more interested in smart homes than they were just 2 years ago.

Over 60% of parents with children under the age of eighteen claimed that they would be willing to pay more for a home that already has smart home technology installed just for the added safety features. Even 51% of people without children would pay more for a smart home because of the energy efficiency features that will save them thousands in utilities over the long haul. Real estate agents in Orlando are seeing smart homes sell much faster than homes without this technology.

By far the biggest attraction for buyers when it came to smart home technology was for the security features that it provides. The second most attractive features were climate control, lighting, entertainment, and last but not least, appliances. Overall, buyers reported that they like being able to control all the features in there home from their smartphone or tablet.

The study clearly showed that smart home technology is steadily rising, especially with Generation X and millennial homebuyers.

Marketing Smart-Homes

Smart homes are great for buyers who value home security, energy efficiency, comfort and entertainment features. That’s why sellers would be wise to list all the features that their smart home has to offer.

There isn’t one “silver bullet” feature that will justify are huge price increase. However, by listing every single feature in the home, it gives the buyer a view of the bigger picture of added convenience and overall safety of the home which translates to increased value.

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TOR : 027 Avoiding Buyer’s Paralysis

So what’s a home buyer’s paralysis?

It’s when you through the motions of buying a home and no matter how many great homes you see, you just can’t pull the trigger.

In this episode learn how to deal with and overcome Home Buyers Paralysis.

EPISODE SUMMARY

* Your subconscious mind could be sabotaging you.

* The stress from buying a home can overwhelm you to the point where you just shut down when it’s time to make a decision.

before spending all this time on looking for homes, you need to ask yourself a few questions…

* Do you really need a new home?

* What about giving your home a face lift instead?…. Sometimes that’s all you need to give your home a fresh new look.

Money is  The number 1 cause of Buyers Paralysis!

* Don’t let the wrong people influence you on what you can afford.

Don’t Fear The Future!  Fear is one of the most powerful human emotions and its main purpose is to…

* Unreasonable fears can cause you to make bad decisions.

There’s no need to use the maximum amount of the mortgage amount that you qualify for. If you’re able to scale it back a bit, your payment will be lower and so will your stress level.

We’re always available to talk to you and address any questions or concerns you might have just call 407-902-7750 to set up a free consultation or visit us at https://orlandorealtyconsultants.com/contact/

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