Category: News and Information

7 Home Selling Mistakes

Posted on by Jenny Zamora


Selling A Home In Orlando is what we do best. To better serve homeowners getting ready to sell their home we’ve created this article which explains in detail some common mistakes that you should avoid.

 1- Set a listing price without proper research. 

Enlist the help of an experienced Orlando real estate agent to help you with this part. Your agent can provide you with a comparative market analysis. DO NOT rely on a website like Zillow to give you an accurate valuation of your house.

2- Listing the house too high.

Overpricing, your home from the start can cause your home to sit on the market for a lot longer than it needs to. You also run the risk of losing potential buyers who don’t even look at your house because at your home because it’s just a bit over their budget.

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Don’t listen to Realtors that use a strategy of going high on the price and gradually lowering it. This could end up costing you thousands in the long run.

3- Use an odd listing price

Home search tools give potential home buyers research ranges such as “homes between $150,000-$200,000”. If you were to list your home for an odd number like $202,457 you’d miss out on that entire pool of potential buyers.

4- Overpricing because you have all the time in the world

If you price your home at a ridiculous amount of money thinking eventually someone will come along and bite, you’re wrong. Your home has the best chance of getting under contract within the first few weeks of hitting the market. If you’re not ready to sell, then don’t list it.

5- Letting your emotions get involved

Don’t get offended if someone makes an offer on your home that’s way too low. Instead of getting upset, consider it a starting point for negotiating a potential deal.  At the end of the day, this is just a business transaction and everyone is just trying to get the best deal possible.

6- Expect that your home will sell itself

Even if it’s a hot market for sellers, you have to make sure your house looks the best it can. De-cluttering and cleaning are 2 good ways to start. Homes that are tastefully staged and effectively marketed sell much faster and for more money than homes that aren’t. Your Orlando realtor should be able to provide you with some tips on how to make your home look its best according to your budget.

7- Selling without A Realtor

A survey taken by the NAR [National Association of Realtors], homes that are sold “for sale by owner” not only sell for tens of thousands less than homes that are listed with a real estate agent, they also take much longer to sell.

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Ask the Short Sale Expert

Posted on by Jenny Zamora

Recently, we recently put out a survey where we asked Orlando homeowners who were currently behind on their mortgage, what their biggest doubts or fears maybe about short sales. The response was overwhelming which is why we decided to post this Q and A article where our very own Orlando short sale expert, Jenny Zamora RE Broker answers a number of questions about short sales and the short sale process.

Q: How long have you been doing short sales?

Jenny Zamora: We’ve been specializing in Orlando short sales since 2004 and have closed thousands of transactions in that time.

Q: In which way is a short sale different than a traditional real estate sale?

Jenny Zamora: A short sale usually takes quite a bit longer than a typical sale because you need to get approval from the lender. Even though a buyer may submit an offer and the seller accepts, it’s still not an executed contract unless the lender signs off on it. Many agents prefer to send their short sale files to processing companies because they’re either unfamiliar with the process or they prefer not to deal with all the extra work that comes with processing a short sale.

Q: Is a short sale different from a foreclosure?

Jenny Zamora: Very different… the foreclosure process usually begins when the homeowner misses 3 or more payments on their mortgage. It’s the legal process by which the bank will ultimately try and sell the property at a public auction. At that point, either someone will buy it or the bank takes back possession if they think the highest bid was still too low.

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It costs a lot of money in court and attorney fees for a lender to complete a foreclosure on the property… and then there’s no guarantee that they’ll meet their reserve at the auction.

A short sale is actually designed to avoid having both parties go through the foreclosure process. It starts out the same way in the sense that the homeowner is behind on their mortgage. However, with a short sale, the homeowner has to prove 2 things. First, the property has to be upside-down, meaning that the property is worth less than what’s owed on the remainder of the mortgage. Second, there’s some kind of financial hardship going on preventing the homeowner from making the payments. If these main points are met then there’s a strong chance the lender will approve a short sale.

Another big difference between a foreclosure and a short sale is your credit will suffer much worse from having a foreclosure on your credit than a short sale.

Q: How long does it take to complete a short sale in Orlando these days?

Jenny Zamora: These days the average turnaround time for a short sale in Orlando is 60 days. In recent years banks have put systems and rules in place to streamline the short sale process which used to take from 6 to 12 months. A few years back… some files could’ve taken a year or two, especially when the property has multiple liens on it or some other monkey wrench was thrown into the deal.

Q: Do you have any advice for someone in need of short sale on their home?

Jenny Zamora: The most important thing would be to find an agent that has a lot of experience with short sales. This is not the time when you hire a friend or family member that just got their license last month. Short sales are complicated and you need someone that is keeping up to date on all the new rules and regulations that come out. I would start with a Google search of “Orlando short sale expert” or whatever other city the homeowner may live in. The first page of results should give you a few good options.

I would like to invite anyone who still may have questions about short sales or anything else related to real estate in Orlando, to feel free to call us at 407-902-7750 for a free consultation or visit https://orlandorealtyconsultants.com/

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5 Things To Know When Buying Your First Home

Posted on by Jenny Zamora


There aren’t many purchases in life that match up to buying your first home. It’s as exciting as it is unnerving… especially when you think about the huge financial commitment you are about to make for the next 15 to 30 years. Don’t worry, it’s perfectly normal to want to feel like you’re going to throw up at this point. Like labor pains for a woman about to give birth, this is something every first-time home buyer goes through….deep breaths…

Over the past 12 years as an Orlando Realtor, I’ve always tried to emphasize to my clients the importance of knowing exactly what they’re getting into before buying a home. These are some tips that will get you started in the right direction to becoming a successful home buyer.

1-Find Out About Your Credit

Unless you’re able to pay cash for your home, you’ll need to acquire financing to make your home purchase. If you’re new to this, the financial process can seem challenging and complex but if you have the right lender or mortgage broker helping you it should help make things run more smoothly.

Your mortgage options will basically center around your credit. You should educate yourself on what goes into making your credit score and how you can improve it prior to applying for a mortgage loan. Even more importantly you should find out what can cause a negative effect on your credit. I’ve had cases where a client has been pre-approved but when it’s time to close they get denied because of some recent purchase or payment.

If your credit needs help, then it’s time to start the credit repair process. By making sure your credit score is in decent shape you’ll be taking care of one of the biggest issues in the home buying process as well as have the best chance at getting a lower interest rate on your mortgage.

2-Get Pre-Approved

It’s imperative that you know how much you can afford to spend before going house hunting. Your lender or mortgage broker can give you an estimate on how big of a loan you can get approved for. Once you know how much you can afford or want to afford, you can then shop for homes within your price range.

3-Hire A Top Realtor

You could choose to start a preliminary search on your own through some of the national home listing sites like Zillow, but you’ll quickly discover that house hunting online can get exhausting real quick…especially if you’re not familiar with the area you’re looking in.

There are so many mistakes you can make and so much to learn that hiring an Orlando Realtor in your area is the best way to protect yourself and be more efficient in the home buying process. Be sure to interview at least 3 buyers agents in your area and get references from recent clients to make sure you get a good one.

4-Know What Kind Of House You Want

Houses come in all shapes, sizes, styles so it’s important to know exactly what you want in… condo? Single-family? Townhouse?. Take time to consider all the things you need and want in a home like the location, size, amenities, etc. Families with children usually start with their children’s needs like good schools, etc.

Once you know what you want then it’s time to have that conversation with your Realtor and get an idea of what your options are.

5-Set Up An Emergency Repair Fund

Owning a house is a lot more costly than most people realize. There’s no landlord to make repairs and you need to be prepared in case some big-ticket item needs replacing like an AC unit or a water heater. The best thing to do is have a few thousand set aside for just that and don’t touch it because sooner or later something will break…

By following these basic tips in your home buying process you’ll increase your chances of a positive home buying experience.

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New Orlando Short Sale Hits The Market

Posted on by Jenny Zamora

1309 FALLING STAR LN, ORLANDO, FL 32828

New Orlando Short Sale just hit the market! Come one, come all… Are you looking for the perfect community to call home? Or, maybe you’re looking for your next investment property. Either way, stop what you’re doing and come see this stunning 3 bed, 2 and a half bath townhome located in the much sought after, gated Avalon Lakes Community!

This 1,700 square ft home is in pristine condition both inside and out. Boasting an open floor plan, there’s plenty of living space both inside and out perfect for entertaining or just relaxing…  this beauty is move-in ready!

Other features worth mentioning…

*Beautiful new tile and carpet floors!

*Screened-in patio

Community features

*Clubhouse

*Swimming pools

*Fitness center

*Tennis courts

*Volleyball

*Playground

*A-rated schools nearby

*Minutes away from Avalon Park, UCF, highways 408, 417, 528.

One thing’s for sure, this Orlando Short Sale Home won’t be on the market for long. Call or text 407-902-7750 to schedule your appointment TODAY!

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New Listing in Orlando,1315 Barbados Ave 32825

Posted on by Jenny Zamora

1315 Barbados Ave Orlando, FL 32825 

If you’ve been looking to buy a home in Orlando for a beautiful Move-in ready single-family home in the 32825 zip code of Orlando, FL under $240,000, Then look no further. Stop what you’re doing right now and come see this fully remodeled gorgeous 1,876 sq ft home in the subdivision of Park Manor.

This 4 bedroom/2 bath home with pool home has been beautifully remodeled.

New electrical, floors, kitchen, granite countertops, gorgeous backsplash, solid wood cabinets, stainless steel appliances, all-new fixtures, resurfaced pool and deck, fresh paint inside and out.

Ready to move in and priced to sell! Do not miss out on this Great opportunity to own your Dream Home.

If you want to see this or any of our other great homes for sale then visit us at https://orlandorealtyconsultants.com/

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