Category: Florida Real Estate

Another Great Orlando Short Sale

Posted on by Jenny Zamora

9797 PORTOFINO DR in ORLANDO

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.

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Homeowners Insurance Tips for Orlando home buyers

Posted on by Jenny Zamora

Getting the best HOI rates for Orlando real estate

When shopping for homeowners insurance [HOI] quotes, you should seek out companies that have been in business for a while that have high customer satisfaction ratings and good reviews. Many potential buyers make the mistake of just going with the cheapest company they can find.

As an Orlando realtor, I always recommend to my clients to use a company like  Net Quote. This is a company that will provide you with quotes from several different highly rated homeowners insurance companies. Using a company like this to research homeowners insurance can save you a lot of time and money.

Many insurance companies raise their rates when they suffer a financial crisis like the one we’re still recovering from. However, insurance companies still have to compete with other insurance companies for your business which means that most of them are cutting much better deals for new policyholders than for existing policyholders.

Typically after people purchase their HOI and close their house, people tend to forget about homeowners insurance and will just continue to pay whatever premium the insurance company asks for even if it goes up every year. What homeowners should do is research different insurance companies every time they are up for renewal to make sure they are getting the best rate available.

6 Tips for keeping your HOI rates down on Orlando properties

1- Continue shopping for better rates- Every time your policy renewal date approaches, check companies like NetQuote.com to see if they can find you a better deal.

2- Try Bundling– Consider bundling your Homeowners policy and your auto policy with the same insurance company. By doing this you may be able to cut your premiums by up to 15%.

3-Make sure you don’t have too much coverage- It’s very common for policies to have inflation protection provisions that will automatically increase your coverage amount. Now that construction costs have fallen, these increases are not always justified. Find out what your house is actually worth make adjustments to your policy if can. If you’re able to lower your replacement value, it could save you up to 10% on your premiums.

4-Make sure your reputation is as clean as possible-If you’ve been denied coverage or they want to charge you an arm and a leg because of claims you’ve made in the past, check your insurance report for mistakes at choicetrust.com; it’s free if you’ve been denied coverage. Insurance companies make mistakes all of the time especially when it comes to record searches on clients.

5-Stick with high deductibles– I always recommend getting a policy with a high deductible for 2 reasons. 1st, your premium will be much less and 2nd, If you file a claim for every little repair that comes along, it can drive your premiums up by up to 15%. Use the money that you’re saving on those premiums to cover the small repairs.

6- Avoid Flood Zones– Before you buy your home, you should be aware if it’s in a flood zone. If you live in a house that’s in a flood zone, then you will probably want to make sure that your policy covers flood damage. You could save money and not get flood coverage but then you run a big risk if your house ever gets flooded. My advice, avoid flood zones.

If you’re in the market for an Orlando property and you still have a million questions about homeowners insurance or anything else regarding the purchase of a house. Contact us for a free consultation with an Orlando real estate expert.

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Florida short sale | Luxurious Winter Park home for sale

Posted on by Jenny Zamora

Great deal on a Luxury Winter Park Home- 1760 ELIZABETHS WALK, WINTER PARK

 

Orlando Realty Consultants is proud to add 1760 Elizabeths Walk  Winter Park, Fl. to it’s list of breathtaking luxury homes. Built in 2002, this 3,710 sq ft. two story single family home is located in one of Winter Park’s premier neighborhoods, Windsong!

Being an Orlando short sale, this property will be sold at a huge discount and will be a great deal for anyone wanting to live in this area.

With 5 bed rooms and 4 full bathrooms and large common areas the layout has a seemingly effortless flow to it. Exquisite solid wood cabinetry, exotic granite counter tops, and top of the line appliances all come together with an amazing attention to detail throughout this gorgeous house.

 

Just a few of the home’s 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.

* Wood burning Fireplace in the living Room

* Covered back patio

* 2-car garage

* Located in a Cul-De-Sac

* Community club house, 2 Community pools, and playground

 

 

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.

 

 

 

 

 

 

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Florida incomes and Orlando real estate continue to rise

Posted on by Jenny Zamora

Floridians income increase along with their confidence

 

Florida has shown substantial gains on three different areas, Real estate prices, income and consumer confidence. Much of this can be attributed to the overall housing market in Florida. Orlando real estate is a great accelerator when it comes to creating jobs and increasing local incomes, then the next logical thing that happens is a confidence boost. It’s just human nature, when people are doing OK financially they not only feel better about themselves but they become more confident about how much they can spend when house hunting.

I think It’s good that Floridian’s consumer confidence is at it’s highest point in 5 years but potential home buyers still need to be careful. The Orlando real estate market is constantly changing and right now it’s on the rise as it has been for the past 2 years or so. This doesn’t mean that you should buy just any house listed on the MLS. The truth is that many Orlando properties that I see listed are seriously overpriced. Sometimes this is due to the seller wanting to sell for the absolute highest price in the neighborhood because sellers typically believe that the house where they live is special compared to other houses in the same neighborhood, again…just human nature.

 

Short Sale Lenders are sometimes to blame for overpriced real estate listings

As short sale realtors, we are sometimes told by the client’s lender how much to list the property for. Sometimes, no matter how many years of experience we have in selling Orlando real estate, they still think they know more about the local market than an experienced Orlando realtor. I’ve argued with negotiators until I’m blue in the face as far as “fair market value” is concerned and they will still try to tell me how much the property should be listed for. However I quickly learn, usually on the first conversation, whether arguing my point will do you any good. Lenders that absolutely insist on telling me how much to list a property for… in my area of expertise,  I do just that.

9 out of 10 times, the result is that the property spends a lot more time on the market than it should have. With no offers or contracts after several weeks or even months of the property being listed, short sale negotiators will eventually figure out that they’re asking price needs to be lowered, then…I do just that and the property gets sold.

 

 

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Orlando Real Estate remains strong, despite a dip in prices at the end of summer

Posted on by Jenny Zamora

 

Summer’s gone and Orlando Real estate takes a drop

Prices of Orlando real estate dropped slightly last month for the first in a year. Don’t panic Orlando homeowners, this happens every year at this time. The reason for the drop is mostly due to the end of the peak of the summer buying season. Two facts remain true, Orlando real estate inventory is low and demand for great Orlando properties remains high. As long as these factors remain a part of the Orlando real estate market, sellers will be able to get top dollar for their Orlando Home.

Other factors indicating a strong Orlando Real Estate market

Orlando homes are selling faster and for more than they did a year ago. Studies show that Orlando homes are spending less than 80 days on the market before coming under contract and selling for almost  97% of the listing price. A year ago, Orlando Realty was selling for less than 95% of the listing price, and these properties were listed on the MLS for over 100 days.

Great mortgage interest rates are still being offered by lenders. The average interest rate currently being offered for Orlando home buyers is at 3.78 percent as opposed to a year ago when homebuyers paid an average interest rate of 4.26 percent. This is a huge incentive right now for potential Orlando home buyers and anyone interested in buying real estate in Orlando should definitely take advantage of these historically low-interest rates.

There are more regular listings in the Orlando real estate market than has been in years. Although Orlando’s short sales and REO’s still rule Orlando’s real estate inventory right now, there is another quieter group that is not desperate to sell their Orlando properties.  Believe it or not, everyone one in three homeowners owns their house “free and clear”. This group as well as homeowners with very small mortgages on their home are able to ask for top dollar on their Orlando home and they don’t care if it sells or not. Their way of thinking is “I will sell for the right price and if not then I’m not selling”. I’ve had several clients like this over the years, and homeowners like these actually help to maintain property values up in their neighborhoods because their listing prices remain high and they really don’t care how long it takes to sell.

Right now is  a great tome to sell your Orlando Home

Considering all the factors in play right now with Orlando Real Estate, it’s a great time to sell your home. Whether you need an Orlando short Sale done or you’re o of the few and fortunate people that own your property Free and Clear. If you’re interested in seeing how much your Orlando property will sell… click on “How much is my Orlando property worth?” or you can come and see me for a free consultation and I would be happy to sit and talk with you.

Realtor in Orlando, FL

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