Category: Florida Real Estate

What if my lender won’t accept a short sale? – Orlando Realtors

Posted on by Jenny Zamora

Short Sales are not Guaranteed!

It’s important to be aware that your lender has absolutely no obligation to agree to a short sale.  Also, there are a handful of banks that will agree to a short sale if the homeowner is current however,  most banks won’t even consider it unless the homeowner is at least 30 days past due on their mortgage payment. Either way, it goes, you just won’t know whether or not your lender will accept a short sale until you try. You should also know that a short sale can take several months and even a year to complete depending on who the mortgage holder is and what type of loan it is.

In the event that your lender does not agree to a short sale, there are several other options available to you in the event that your lender doesn’t agree to a short sale.

Other options besides a short  sale

1- Loan Modification– This is when the lender adjusts the terms of your loan by either adjusting the principal balance of the note or by lowering the monthly payment to make it more affordable to the homeowner. Most of the time the terms of a loan modification aren’t worth agreeing to.

2- Deed-in-Lieu- This is the process by which the homeowner signs the property back over to the lender and this is also considered by many a voluntary foreclosure. Unfortunately, it also shows up on your credit as a foreclosure.

3-Bankruptcy-  There are two different types of bankruptcy; Chapter 7 and chapter 13. Since I am not an attorney I will just give you the basics. A chapter 7 bankruptcy is the liquidation of assets so that debtors can get paid a portion of what’s owed to them and a Chapter 13 is basically a reorganization of debts in which the debtor has a chance to work out an arrangement with his or her debt holders.

4- Let it go to Foreclosure- This is one option that I would never recommend to anyone. If you just let the property go to foreclosure, then you’re just giving up and when you give up, you give up all control of your situation. There’s a common belief that if you let your property go to foreclosure, all of your debt will be forgiven and that couldn’t be further from the truth. As a matter of fact,  the opposite will probably happen and the lender will slap you with a deficiency judgment between what you owe the lender and what the property sold for at the auction. 

If you or someone you know is behind on their mortgage, consult with a short sale expert and find out what the best option for you is.

Orlando short sale expert

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For solving all your water damage problems, contact a reliable water damage repair company in Florida

Posted on by Jenny Zamora

For solving all sorts of problems caused by water damage and destruction at your house or place of business, you may definitely contact a reliable company who can provide specialized services for water damage repairs

Causes of water damage and its effects

One of the most destructive forces which can invade your home causing huge loss and damage to your property and belongings is water. Water damage due to flooding or excessive leakage can cause severe loss to your house or place of business. The interior and exterior walls of your house or building can get damaged due to excessive moisture due to which cracks and crevices may appear in the walls. The basement of your house may even get flooded due to excessive leakage of water caused due to blocked gutters, overflowing underground dry wells, broken pipes etc. Beside, water damage may even lead to fungus or mold problems in your house which can even result in health problems for you and your family members. Also, due to excessive moisture there may be respiratory troubles to you and your family members. Therefore, in order to control such problems of water damage or destruction caused to your house or place of business,  it is always wise to take the help of  professional water damage repair companies who can provide specialized services and have decades of experience in serving the needs of thousands of home and business owners in the locality.

Water damage repair services

For any water damage problems in and around Florida, you can always get many reputed companies who are competent enough to provide water damage repairs in Florida. With their professional team of experts who have adequate expertise, they are capable to diminish or even completely erasing the damage caused by water. Besides, they have skilled specialists who are always ready to help you to preserve and restore your building in its previous condition. Since they have years of experience and the latest technology and equipment, they are able to tackle even the most demanding water damage problems. Their specialists mainly focus on quickly drying, deodorizing, and disinfecting the areas damaged by water. Not only this, they have the state of the art equipment to track the overall level of saturation and to locate the source of water in order to pump it out totally and completely dry the particular  area. Moreover, they also have adequate techniques to control and lessen the odor and prevent the spread of harmful bacteria of mildew. They are able to immediately stop the bloating or contortion of floor and walls, lessen damage caused by water and create a flow of air for carpets, rugs, padding and other affected furniture by using their drying and humidifying equipment.

Water damage repairs in Florida

In order to solve all your problems caused by water damage, you may surely call any reliable and renowned company providing water damage repairs Florida. They can offer you excellent services by repairing the leaks and installing a dehumidifier which can control excess humidity. Their main job is to concentrate around the foundation of your house or place of business and waterproof the foundation by installing a sump pump. Besides, they will also clean and repair any gutters, leaking pipes or washing machine hoses. For preventing leakage and plaster erosion under the windows, they apply caulking around the window frames and drill or three small holes along bottom edge of storm windows to facilitate drainage. Such a company shall always offer professional services within a very short time in order to revive your property and provide you satisfaction.

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Apopka Short Sale | 1662 SCRUB JAY RD, APOPKA

Posted on by Jenny Zamora

Apopka Short  Sale | 1662 SCRUB JAY RD, 32703- https://orlandorealtyconsultants.com/ VIDEO

Beautiful Apopka home and in Great Condition.

4 Bedrooms
2 Bathrooms
Open floor plan with lots of space.
Formal dining
Large living room.
Move in ready!
This is home d is price right for  a quick sale. Don’t wait! This property won’t last long.

Orlando Realty Consultants is a full service Real Estate brokerage located in Orlando Florida which specializes in doing Orlando Short Sales and Foreclosure Prevention with a team of highly experienced short sale realtors on staff.

We provide Professional Real Estate solutions for both home buyers and sellers. Our diverse team of Orlando real estate experts have experience in all aspects of Real Estate. We will work with you to make your home purchases and sales process as simple as possible, while providing you with the most up-to-date information of your transaction process as it develops.

Trusted Buy Your Neighbors Since 2005

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Florida Short Sale | 2602 Shiprock Ct, Deltona, FL 32738

Posted on by Jenny Zamora

https://orlandorealtyconsultants.com/   Video –

New on the market! Deltona, Florida Short Sale. This is a Beautiful 3 Bedroom, 2 Bath Home on the Lake. Over sized lot on a quiet street.

Beautiful kitchen includes granite counter tops, stainless appliances.

Living Room has wood burning fireplace and vaulted ceilings.

Beautiful outside seating area with a lake view.

Screened in porch. two car garage, Many other upgrades.

This is a MUST SEE, Don’t miss out!

Orlando Realty Consultants- We provide Professional Real Estate solutions for both home buyers and sellers.

Trusted Buy Your Neighbors Since 2005

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Benefits of Living in a Planned Community

Posted on by John Conde

  An Orlando home buyers must have list is based on a number of factors, but most lists generally consist of the same expectations. They want an updated kitchen, open floor plan, nice size bedrooms, and walk-in closets. However, above anything else, there is one requirement that is on every home buyer’s wish list – location, location, location.

 

The area in which you live is important for many reasons, including:

 

·         Proximity to friends and family

·         Proximity to schools for kids

·         Commute to work

·         Convenience to stores and restaurants

·         Hobbies and interests

 

This is just a shortlist of reasons why location is a top priority for home buyers. Land developers understand the value of location and convenience and that’s why some build master-planned communities on the land they own.

 

Reasons to Buy  

In addition to location, there are countless perks of buying a home in a planned community. Factors like parks, amenities, and quality of the home are major influences in the overall landscape and architectural design of such developments. Here are seven reasons to buy in a planned community:

 

1.       Convenience – Possibly one of the biggest reasons to buy in a planned community is convenience. You simply can’t beat being five minutes away from the grocery, restaurants, and shops – many of which are walking distance from your house.

 

2.       Amenities – Planned communities allow residents to enjoy all the luxuries in life, including access to a gym, golf course, and swimming pool. Other amenities like new schools, parks, and trails add to the perks of living in a planned community.

 

3.       Sense of Community – There’s nothing better than living in an area where neighbors gather and plan activities together. Residents of planned communities take pride in where they live and support others who live there as well.

 

4.       Social Life – This is part of the shared sense of community. Regardless of your personality or hobbies, neighbors automatically feel a bond because of where they both call home. Everybody knows everybody in planned communities and because so many places are within walking distance, it’s common for families to plan meet-ups on a regular basis.

 

5.       Security – Planned communities offer something that most neighborhoods can’t and that’s a sense of safety. Regardless of whether the community is gated or not, residents of planned communities feel safer because of their relationship with their neighbors. They look after each other and most importantly they trust each other.

 

6.       Maintenance – Planned communities are typically associated with homeowner’s associations that ensure the community’s landscape remains clean and maintained. Some communities take care of gardening, mowing, and other landscaping duties because it’s included in the cost of living in the community.

 

7.       Investment – If all other perks of owning a home in a planned community don’t persuade someone to buy, the pure investment of purchasing should. Buying a home in an upcoming planned community is typically a great investment as housing prices usually rise as the development becomes more established. If you happen to buy when the community is already developed, homeowners can feel safe in knowing that their property won’t depreciate in value.

 

It’s clear that planned communities have perks that most Orlando home buyers strive to find. It’s a relaxing environment that offers more convenience than anyone could ever dream of having.

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