Top Orlando Realtors Press Release | Short Sales


Top Orlando Realtors Press Release VIDEO

This just in…Top Real estate brokerage, Orlando Realty Consultants has just saved another Orlando homeowner from foreclosure by completing a short sale on their home!

In addition to saving this family from foreclosure and protecting their credit, they were able to get the homeowners $8,000 back at the closing for relocation costs with no deficiency judgments.

These short sale experts have shattered all records when it comes the number of short sales closed. … At this point I can only tell you that it’s in the thousands.

Orlando Realty Consultants consists of some of the top professionals in the Orlando real estate industry and have been in business since 2005.

They have a reputation for selling Orlando homes for top dollar in the least amount of time.. No matter what the Price, Condition or Situation

Jenny Zamora owner and Broker for the company claims that if they can’t sell your property in 30 days or less, they will buy it themselves!  Now, that’s quite a statement.

Anyone in need of selling their Orlando property for top dollar in the least amount of time is urged to contact them at 407-902-7750 or visit https://orlandorealtyconsultants.com/
Hang In There Orlando!

Let's Keep In Touch!

New ORC Form Lead

"*" indicates required fields

TOC*

Orlando Home Buyers Buy Their House Back After Losing It To Foreclosure!

Every once in a while we hear a story about something that inspires us and that reminds us that good things still happen in the world. In this case, it was about one of our clients, Jose and Mary Guadalupe had gone through some financial hardships due to loss of employment and ultimately ended up losing their South Orlando dream home located in the Meadow Woods sub-division to public foreclosure auction.

After it went through the foreclosure process another family bought it and just 2 years later, they hired our Company to complete a short sale on the property. And so we did then we actually ended up buying it ourselves as a re-hab property. We completely rehabbed the home installing new cabinetry, flooring, fixtures, etc. The day I went to put a “For Sale” in the yard was the day I met the Guadalupe family for the first time.

These Orlando Home Buyers Never Gave Up Hope

They went on to tell me their story about how they lost their dream house to foreclosure and about the deep depression the family went through because of that experience. Since going through that experience, Mr. Guadalupe was now employed as a local truck driver for over 2 years and their financial situation had really turned around for the better. As a matter of fact, the family had recently been house hunting in that same neighborhood for the past several months never finding one that interested them.

Mrs. Guadalupe claimed that she would drive by her old house several times per week just hoping that one day it would be for sale. Then one day came when they spotted me installing our sign in the front yard. After listening to their story, I was happy to show them around the newly renovated home. It didn’t take long for Mrs. Guadalupe to start getting teary-eyed as she walked into the kitchen where she had prepared thousands of home-cooked meals for her family. ” My kids were raised in this house,” she said. It was right then and there that we decided to do everything in our power to help the Guadalupe family get back the house that they had lost just a few years prior.

stop foreclosure

Typically, it’s much harder to get a mortgage on a property after you’ve gone through a foreclosure or short sale and it used to be that you would have to wait 7 years before you could even apply for a mortgage but with the new lender guidelines in place it could go down to only 3 years for some people. Although buying back the same home that you lost to foreclosure is extremely rare, the Guadalupe family is among a recently emerging group of purchasers, that were able to get back into the housing market under new, more forgiving lender guidelines.

With these new rules in place, thousands of Central Floridians who have gone through foreclosure have the potential to make buying a home a reality again. Over 100,000 homeowners in Orlando have lost their homes to foreclosure or short sale since the real estate crash of 2007.

 

Let's Keep In Touch!

New ORC Form Lead

"*" indicates required fields

TOC*

Orlando Foreclosure Activity #1 in the Nation – Real Estate Business Stays Unaffected

A new industry report places Orlando first in its list of cities and metropolitan areas with maximum foreclosure activity for the month of March. The number of foreclosure filings in the Orlando real estate marketplace increased by 13 percent in comparison to the figures from one month earlier (February 2014).

According to some Orlando realtors, the March foreclosure figures also bear another distinction. With a total of 2,886 foreclosure listings in the community, the March figures represent a nine-month high.
But Orlando real estate agents are not worried. The figures are still lower than they were at the same time, a year ago. Further, as noted by a majority of the top Orlando realtors, the business hasn’t slowed down for the residential real estate community of Orlando at least.

Foreclosure trends around Orlando

Orlando’s number one position in the foreclosure activity charts contributed to Florida’s status as the state with the highest density of foreclosures. While the national average lay at one foreclosure for every 1,126 homes, Florida saw one foreclosure in every 407 houses on an average.

Metropolitan Orlando led other cities and metropolitan areas in the state with one foreclosure action in every 326 homes. The numbers present a grim situation no doubt, but not when compared with statistics of previous quarters and years. Orlando’s March 2014 foreclosure rate is lower than the rates of March 2013. This also marks the third consecutive quarter when Florida’s foreclosure rates have decreased.

Cities and counties around Orlando have seen their own ups and downs in foreclosure activities. The biggest hike in foreclosure activities was experienced by Polk County. With 786 foreclosure filings in March 2014, the rates went 15 percent above those in February 2014 and 28 percent above those in 2013.

Realtors Not Worried About Increasing Foreclosure Activity

Several years ago, real estate agents in Orlando were soliciting business from property owners who were just beginning with the foreclosure process. However, the trend has changed of late and realtors no longer depend on “foreclosing owners” for business. Realtors have enough business in their hands, further proof that increasing foreclosure activity will not slow the market.

Residential real estate buyers have witnessed an increase in their home buying confidence. The inventory shortage has been softening since February 2013. Banks have become lenient with their mortgage lending and Americans have seen a reduction in their unemployment rates. Add to it the several new construction projects underway in Orlando and you have all the reasons why home buyers are undeterred in their purchasing.

The spring buying season has just begun. And if you’ve been waiting for an opportune moment to purchase property, now is the right time.

Let's Keep In Touch!

New ORC Form Lead

"*" indicates required fields

TOC*

Orlando Foreclosure Rates Continue On A Downward Trend


CoreLogic has some great news for Orlando realtors and the real estate industry in general. The American business intelligence agency that provides financial and real estate information and analytics to businesses and the feds, reports that Orlando foreclosure rates reduced again in December 2013.

This brings in a ray of hope for real estate agents in Orlando who have been worried for quite some time due to the high rates at which properties in the city get foreclosed. Even with a  decrease in the foreclosure rates in December, Orlando still sports foreclosure rates higher than the national average.

Orlando Foreclosure rate 3.65 percent down from same time a year ago

 

CoreLogic reports that 6.69 percent of residential properties in the Sanford-Kissimmee-Orlando area were slapped with foreclosure in December 2013 – 3.65 percent down from the foreclosure rate in December 2012 (10.34 percent).

CoreLogic, which trades on the New York Stock Exchange as CLGX also reported that the national average of residential-property foreclosures for December 2013 was 2.09 percent. Further, the report also revealed that homeowners of the Metro Orlando area had become more regular with their mortgage payments.

The delinquency rate dropped by 4.53 percent in December 2013. CoreLogic reported an 11.04 percent of mortgage payments coming in later than 90 days in December 2013. A year ago mortgage defaulters in the Metro Orlando area peaked at 15.57 percent.

As is the case with foreclosure rates, the Metro Orlando mortgage delinquency rates top the national average of 5.03 percent this year. Back in 2012, the rate stood at 6.40 percent for the same month.

 

Orlando Realtors Anticipate Improved Sentiments In Near Future

The health of a state’s real estate market greatly influences the health of the overall economy of the state. Listing agents in Orlando reveal that reduced foreclosure rates in Metro Orlando are promising news for the Orlando real estate market because it not only signifies that the housing market is improving, it also helps boost the values of other residential properties.

Add to it the fact that lowered foreclosure, as well as mortgage delinquency rates, are elementary proof that the market is less distressed and the financial status of homeowners is improving.  You’ll know why real estate agents in Orlando are tying this news to the hopes of a stronger market and more buyer confidence in the near future.

 

 

Let's Keep In Touch!

New ORC Form Lead

"*" indicates required fields

TOC*

Orlando Real Estate Industry Basks Under the Glory of Reduced Foreclosure Rates

CoreLogic has some great news for Orlando realtors and the Orlando real estate industry in general. The American business intelligence agency that provides financial and real estate information and analytics to businesses and the feds, reports that the foreclosure rates of real estate properties in Metro Orlando reduced again in December 2013.

This brings in a ray of hope for real estate agents in Orlando who have been worried for quite some time due to the high rates at which properties in the city get foreclosed. Even with a  decrease in the foreclosure rates in December, Orlando still sports foreclosure rates higher than the national average.

Foreclosure rate 3.65 percent down from same time a year ago

 

CoreLogic reports that 6.69 percent residential properties in the Sanford-Kissimmee-Orlando area were  slapped with foreclosure in December 2013 – 3.65 percent down from the foreclosure rate in December 2012 (10.34 percent).

CoreLogic, which trades on the New York Stock Exchange as CLGX also reported that the national average of residential-property foreclosures for December 2013 was 2.09 percent. Further, the report also revealed that homeowners of the Metro Orlando area had become more regular with their mortgage payments.

The delinquency rate dropped by 4.53 percent in December 2013. CoreLogic reported an 11.04 percent of mortgage payments coming in later than 90 days in December 2013. A year ago mortgage defaulters in the Metro Orlando area peaked at 15.57 percent.

As is the case with foreclosure rates, the Metro Orlando mortgage delinquency rates top the national average of 5.03 percent this year. Back in 2012, the rate stood at 6.40 percent for the same month.

Orlando realtors anticipate improved sentiments in near future

 

The health of a state’s real estate market greatly influences the health of the overall economy of the state. Listing agents in Orlando reveal that reduced foreclosure rates in Metro Orlando is promising news for the Orlando real estate market because it not only signifies that the housing market is improving, it also helps boost the values of other residential properties.

Add to it the fact that lowered foreclosure, as well as mortgage delinquency rates, are elementary proof that the market is less distressed and the financial status of homeowners is improving.  You’ll know why real estate agents in Orlando are tying this news to the hopes of a stronger market and more buyer confidence in the near future.

Let's Keep In Touch!

New ORC Form Lead

"*" indicates required fields

TOC*