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Sell Your Home In Orlando Florida

Posted on by Jenny Zamora

If you’re looking to list your Orlando home for sale so that you can get the highest price, then you’re in the right place! Selling your Orlando home should be a stress-free experience.

Selecting the best Orlando real estate agent is probably the most important step in the whole process. You need a realtor that is willing to partner up with you and price your home correctly from the very beginning. Pricing your home incorrectly can cost you money and it may end up sitting on the market for much longer than it should.

Top Orlando realtors have all the tools to market your home aggressively and creatively by using the latest innovative techniques available. By making full use of the most up-to-date internet technologies, top agents can achieve maximum value for their listing clients.

With the current 2015 Orlando real estate environment experiencing both low-interest rates and low inventory, many sellers are getting multiple offers on their homes making this an excellent time to sell! Despite the miss perception right now that we’re in a buyer’s market, the demand for homes in the Orlando and Kissimmee area is at an all-time high. Quality Orlando homes that are currently listed, are priced to sell and won’t last long as hungry buyers snap them up.

Orange County, FL has one of the best job markets in the entire state. Some home buyers are having to compete against multiple offers and Realtors in Orlando can all agree that quality inventory is limited making it a great time for anyone wanting to sell their Orlando home for top dollar.

Sale prices on homes in the Orlando and Kissimmee areas have made a significant jump in the past year which is due in part to a shrinking number of homes available as well as less distressed properties for sale.

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Orlando Investors Buying Short Term Rentals

Posted on by Jenny Zamora

Orlando Investors Buying Short Term Rental Property

Luxury vacation single-family homes and townhomes are currently available at pre-construction prices in several resort communities located throughout Orlando, Reunion, Kissimmee, and Davenport, FL. Realtors in Orlando have got their hands full with showing these resort properties to investors from around the world including local real estate investors.

Most of these resort communities are located just a short distance from Disney and other world-class attractions like SeaWorld and Universal Studios.

The vacation resort home and short-term rental market are merging to become one of the hottest niches in Orlando real estate today for investors both locally and internationally.

Homes and townhomes are being offered in a wide selection of floor plans and models ranging anywhere from 3 to 12 bedrooms and each contains plenty of bathrooms for vacationing families

In addition to being a lucrative real estate investment opportunity, these resort homes are also a great place to invite friends and family on vacation. Many of these homes even have their own private heated pool with a spa!

These homes are built to be turnkey-ready vacation rentals. The best part about investing in a short-term vacation rental is that owners don’t have to do anything except collect the rent. Top property management companies take care of everything from the marketing of the home to maintaining it, cleaning it, and even the lawn and landscape maintenance.

Orlando short term rentals

Call us at 407-902-7750 to schedule a showing today!
or visit https://orlandorealtyconsultants.com/

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TOR 019: Breaking Your Lease

Posted on by Jenny Zamora

On today’s show, we talk about how to get out of a lease agreement in the state of Florida.

Breaking a lease is completely legal in certain situations but you have to do it the right way. If not, you could get yourself in hot water both legally and financially. so you definitely want to avoid that.

In a lease agreement, There are laws in place to protect both lessors and lessees.

So… there are a few things you need to do before breaking your lease.

sign

1- Find out what your rights are– Read your lease agreement thoroughly,…

2- Keep good records…If you’re in a situation where there are safety issues involved,…

* Having proof is really important in case your landlord wants to take you to court.

* Health code and building code violations are public records in any state and are easily available online.

3-Be nice!- Once you find out where you stand…

If you find yourself in a situation like this and you need some help, give us a call or visit ORC to set up a free consultation and we’ll be glad to help you out.

Please take a moment to rate the show if you found it helpful and keep those questions coming,….to submit a question or topic just go to the ORC website and we’ll do our best to talk about it on the show.

Thanks for listening… see you next time.

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7 More Things To Consider Before Buying A House In Orlando

Posted on by Jenny Zamora

Buying a home can be a very exciting time for you and your family. Emotions can sometimes try and take over clouding your better judgment.
These emotions can be compared to falling in love in the sense that you can easily overlook some major flaws. As the saying goes… “love is blind”. Then once your mind is set, that red-faced little kid can try and overcome you. “I want it, I want it, I want it!” Don’t let him… he doesn’t pay the bills and once he’s gone, you’ll be the one left holding the bag!
There are many things you need to consider other than the way the home looks and makes you feel. Working with an Orlando real estate agent will help keep your emotions in check.

 

Here are 7 things to consider before making an offer On an Orlando property

1. Visit the home at different times of the day-
Neighborhoods can have different looks depending on what time of day it is. If you visit during morning hours most people will be at work and kids will be at school making it appear to be a quiet and peaceful neighborhood. By driving by again in the evening, you’ll get an idea of how peaceful or noisy it really is when all the other residents are home doing their thing. Is there a school nearby?

Nearby schools can cause major traffic issues at certain times of the day. Trust me, you don’t want these things taking you by surprise after you move in.

2-Talk to the neighbors-
This is a great way to find out the pros and cons of the area. Is it made up of mostly renters? homeowners? Has anyone been murdered on this street lately? etc.

3- Find out if there’s a Homeowners association-
Depending on the person this could be a good thing or bad. Some people like to have the right to paint their house deep purple and park their tow truck in the driveway. Others…not so much. If there is an HOA, find out how much you’ll be paying.

4- Get A home inspection-
Unless the house you’re looking at buying is brand new, it will have some wear and tear and maybe in need of some repairs. You want to make sure to have the home inspected by a good home inspector. Your Orlando real estate agent should be able to recommend a good one.

It’s important to know what needs to be fixed not only for safety but for negotiating a lower sale price. Some sellers may want to make the repairs themselves while others will prefer to lower the price leaving the repairs up to the buyer.

5- Ask for property tax records-
It’s important to be aware that in some areas property taxes can fluctuate according to appraisal values. That means if the home values go up in that area so will your property taxes. Ask your Orlando realtor to provide you with tax records on the property for the past several years.

6- Ask to see utility bills-
You may love the lake view, glass walls, and vaulted ceilings of the modern homes, but keeping your house cool on those warm summer Orlando days can cause you to exceed your budget. The same goes for watering that humungous lawn every two days. Remember, these are bills you’ll be paying every single month forever until you move or pass away.

7- Get realistic repair estimates
If the house needs some repair work done, don’t just shoot from the hip and guesstimate. Get repair estimates from a few contractors in the area. Unless you’re buying the property with the intent of rehabbing it for an investment, stay away from homes that need major repairs.

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Boomerang Buyers In Orlando Get Smarter

Posted on by Jenny Zamora

2007 was a bad year for Orlando real estate just as it was for the rest of the country. It was especially devastating for people who lost their homes to foreclosure or were forced to do a short sale in order to avoid foreclosure. Since that time many people have managed to recover from the market crash with many still on the road to recovery.

2015 marks the passing of the seven-year point for the first wave of these homeowners, which is the average time needed to conservatively repair someone’s credit after going through a foreclosure, short sale, or bankruptcy. We refer to them as boomerang buyers because they were forced to exit the world of homeownership and they’ve managed to come back in a big way.

These people deserve a lot of credit because not only did they survive losing their homes during the market crash, but they did what they had to in order to come back from a devastating loss and they’re now once again on the doorstep of becoming a homeowner.

We are currently working with several boomerang buyers in finding them an Orlando home that meets their needs. I can honestly say that this particular group of buyers appears to be much more educated on the home buying process than the average home buyer that has never been through a traumatic experience such as losing a home to foreclosure or short sale.

The one thing that ALL boomerang buyers have in common is that they never, ever want to go through foreclosure again! This is why they are now more educated and cautious in the way they think. These potential buyers have a carefully planned budget and they know exactly what they can and can’t afford. I’m also impressed by some of the questions they ask like these:

  • How much does this house spend on utilities?
  • How much are property taxes and are they subject to increase?
  • How much is the HOA and is it mandatory?
  • Are the appliance’s energy efficient?
  • How old is the water heater? Is it energy efficient?
  • Is there enough insulation?
  • Are the windows energy efficient?
  • How old is the roof? When can I expect to replace it? How much will it cost?

These same people wouldn’t have bothered asking most of these questions seven years ago. They just would’ve asked…Where do I sign?

Some People Still Prefer To Rent

For some former homeowners, the experience was so traumatic that they’ve sworn off ever owning a home again and are more than happy renting their home. When you think about it… it’s not a bad option at all. They don’t have to worry about making a huge down payment, they’re not committing to a 30-year debt, and they don’t have to worry about making major repairs. Also, if they have to move for whatever reason, they don’t have to worry about selling a house that may not be worth what they owe!

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