Avoiding Buyer’s Paralysis

You’ve been searching for homes with your Orlando Realtor for the past year and for one reason or another, you haven’t been able to pull the trigger on any of them. You just let one great home after another slip away from you always find a reason why it’s not the one for you.

So why can’t you make the decision to buy?

Believe it or not, your subconscious mind could be sabotaging you. Buying a home is a huge financial decision and the stress that comes along with it can overwhelm you to the point where you’re constantly second-guessing yourself which can lead to paralysis in decision making.

Making the wrong decision here can result in serious financial consequences for you and your family. With all these things weighing on you, it’s easy to see why it’s so difficult to commit to buying a new home.

Do you really need to buy a home?

It’s important to consider why you’re wanting to buy a new home in the first place. Do you need a new home because of a growing family or maybe you’re downsizing to a smaller one?

Are you transferring to a new job in another state? Are the payments too high? All of these are legitimate reasons for buying a new home.

However, if you’re house shopping because you’re bored of the home you live in or you really have no reason to move at all, then you may want to think about if it’s really worth the stress of going through the home buying process just because you think you need a change. Maybe a kitchen remodels or a paint job will do the trick for you.

However, if you’ve been home searching for a while, then it’s probably because you really need to buy a home for a good reason. There are many benefits to owning a home like providing your family with a stable and safe environment, tax breaks, rising real estate value, etc.

Fear of Spending More Thank You Can Afford

The leading cause that keeps people from committing to a home purchase comes down to money. Ever since the market crash of 2007 many people worry that the same thing will happen again…real estate prices will be cut in half and they’ll be stuck paying much more than they should be on a home.

No one can predict what the Orlando real estate market is going to do in the future. However, there several things that you can do to minimize your risk of purchasing a home.

First of all, don’t let other people tell you how much you can afford to pay for a home. Lenders will try to get you approved for the highest dollar amount based on your income. Real estate agents will try to convince you to buy a bigger and better home now so that you don’t have to upgrade in a few years. Only you know what your financial situation really is and only you should be the one to decide on how much you can afford to pay for a home.

Make sure that your employment situation is stable enough for homeownership. Also, be sure that you can handle any major repair that comes along with owning a home without emptying your savings account like replacing an AC unit or a roof which can easily end up costing tens of thousands.

If you’ve already been pre-qualified for a mortgage, it means that you’re already looking at homes at the top of your affordability range. Just because you’re already approved for a certain amount, it doesn’t mean that you need to find a home to match the most you can afford. If at all possible, you should stay lower than what you are approved for. If you’re able to scale it back just a bit, I can almost guarantee that your stress level will also decrease.

Tell Your Orlando Realtor How You Feel

Make sure to let your realtor know how you’re feeling and want to decrease your house buying budget a bit. BTW, If they get upset or try talking you out of it then it’s time to find a new realtor. Remember, your real estate agent works for you, not the other way around

Don’t Fear The Future

Fear is one of the most powerful human emotions and its primary purpose is to keep us out of trouble. However, unreasonable fears are exactly that…unreasonable and they have no place in the real world. Common sense, research, and professional advice will help you to overcome legitimate fears like committing to a payment you can barely afford.

A good way to combat fear is to think about the very worst-case scenario in a situation. If you can still handle dealing with the worst thing that could happen [in your mind], then you’re probably ok to proceed. Chances are that whatever happened in your mind will probably never happen in real life.

No one can predict the future. So you have to be prepared to handle whatever may happen. If you’re still feeling paralyzed about buying a home, take some time to really evaluate your situation. Use the suggestions provided in this article to help you figure out what your next move should be.

¡Mantengámonos en contacto!

Nuevo cliente potencial de formulario ORC

"*" indica los campos obligatorios

Este campo es para fines de validación y debe dejarse sin cambios.
Trastorno obsesivo-compulsivo*

¡ORC lanza un nuevo sitio web para inversores!

¡La espera terminó! Ha llegado el momento de revelar nuestro muy esperado nuevo sitio web BuyRentalHomesOrlando.com que fue diseñada específicamente para inversores inmobiliarios para comprar y vender casas de alquiler de lujo a corto plazo en Florida Central.

Ahora más que nunca es un gran momento para invertir en alquileres vacacionales de lujo en el centro de Florida. Con el auge que está experimentando el mercado de alquileres a corto plazo, no tuvimos más remedio que crear un sitio web independiente que permite a los compradores explorar todas estas increíbles comunidades turísticas y ayuda a los consumidores a tomar decisiones de compra inteligentes.

Con tantos nuevos desarrollos en construcción, los constructores están ofreciendo muchísimos incentivos para compradores, así como mejoras gratuitas. Inversionistas inmobiliarios expertos de todo el mundo están aprovechando al máximo esta oportunidad única.

Con más de 65 millones de visitantes al año, el centro de Florida es el mejor lugar del mundo para invertir en una propiedad de alquiler vacacional. Las familias de hoy prefieren hospedarse en una casa de lujo estilo resort en lugar de una costosa y reducida habitación de hotel.

Todas estas increíbles comunidades turísticas están ubicadas en hermosas propiedades que ofrecen comodidades de primera clase. De hecho, hay tantas cosas que hacer en estas comunidades que algunos huéspedes ni siquiera se molestan en visitar los parques temáticos y atracciones de categoría mundial ubicados a solo unos minutos.

Las empresas de administración de propiedades en el lugar hacen que sea sumamente fácil para los propietarios rentar sus casas, ya que todo se hace por ellos. Dado que el centro de Florida es uno de los principales destinos vacacionales del mundo, nunca faltan familias que buscan una renta vacacional de lujo con todas las comodidades del hogar.

Si está interesado en ver algunas casas modelo de estos fantásticos complejos, llame o envíe un mensaje de texto al 407-902-7750 o simplemente visite  http://buyrentalhomesorlando.com/

¡Mantengámonos en contacto!

Nuevo cliente potencial de formulario ORC

"*" indica los campos obligatorios

Este campo es para fines de validación y debe dejarse sin cambios.
Trastorno obsesivo-compulsivo*

3 razones por las cuales es un excelente momento para vender su casa en Orlando

Con los precios de las viviendas en Orlando en aumento y una demanda creciente, Bienes raíces en Orlando ha experimentado un 2015 estelar en ventas de viviendas y aún no ha terminado. Se espera que las proyecciones para 2016 sigan por el mismo camino y pueden ser incluso mejores, según muchos de los principales agentes inmobiliarios de Orlando.

Actualmente, hay 3 factores principales que están creando esta “Tormenta Perfecta” en el mundo de los bienes raíces de Orlando.

1- ¡Es un furor de compradores! Entre inversionistas, compradores por primera vez, compradores reincidentes [personas que han perdido su vivienda anterior por una venta corta o una ejecución hipotecaria] y compradores tradicionales, las casas en Orlando no duran mucho en el mercado después de que el listado llega a la MLS.

La cantidad de personas que solicitan préstamos de la FHA, [préstamos respaldados por el gobierno federal] está en su punto más alto. Estos préstamos son preferidos principalmente por quienes compran una vivienda por primera vez debido a la ayuda con el pago inicial. Las tasas hipotecarias bajas sin precedentes también contribuyen en gran medida a las cifras récord de personas que solicitan préstamos para la vivienda en Orlando.

2- Precios de las viviendas por las nubes. Las casas unifamiliares y los departamentos en Orlando se vendieron, en promedio, a 11% por encima del precio de compra original durante el primer semestre de 2015.

Actualmente estamos viendo las mayores ganancias en la valorización de bienes raíces en Orlando desde 2007. Hoy en día no es raro que una casa se venda por encima del precio de venta en algunos vecindarios de Orlando. Según la NAR, las ventas medianas de viviendas existentes superaron el pico anterior que experimentamos en 2006, justo antes de que el mercado colapsara.

3- Inventario limitado. Los vendedores tienen mucha menos competencia en este momento, lo que obliga a los compradores a competir por una oferta limitada de viviendas en Orlando. Las ventas recientes de propiedades en situación de dificultad [ventas a la baja y propiedades REO] representaron menos del 7% del total de ventas inmobiliarias en Florida Central. Este es el nivel más bajo desde 2011. En 2011, las ventas totales de propiedades en situación de dificultad en la Florida Central representaban casi el 50% del mercado.

Buscando ¿Vender su casa en Orlando al mejor precio?  llama o envía un mensaje de texto a Jenny Zamora al 407-902-7750 para averiguar por cuánto se venderá tu casa.

¡Mantengámonos en contacto!

Nuevo cliente potencial de formulario ORC

"*" indica los campos obligatorios

Este campo es para fines de validación y debe dejarse sin cambios.
Trastorno obsesivo-compulsivo*

Money-Saving Tips For Rental Properties

Money-Saving Tips For Rental Properties

If you’re a full-time or even a part-time landlord, you probably know how important it is to stay on top of maintenance and repair issues with rental properties.

Regularly scheduled maintenance will help you address small problems before they become big expensive ones. Even more importantly, it will greatly cut down on the number of tenant complaints that you get.

Como un Agente inmobiliario en Orlando, I’ve sold hundreds of investment properties to investors, many of which are landlords.

Working closely with these Orlando real estate investors I’ve learned some quite a bit about stretching a dollar on maintenance and repairs when it comes to rental properties.

6 Simple maintenance tips that can save you some serious cash:

  • Testing the smoke detectors- Making sure that the smoke detectors have fresh batteries can save you money and more importantly, save lives. By alerting people when there’s a fire smoke detectors can minimize the damage done to the property. It’s also a good idea to tell your tenant to alert you when that annoying chirping noise begins as some people may be unaware that the chirping means your smoke detector battery needs replacing.  Also, failing to make sure that your smoke detectors are working properly could leave you open for a lawsuit.
  • Have an electrical inspection done before moving in tenants- A thorough electrical inspection will uncover any issues with unsafe wiring which can cause a fire. It’s also a good idea to make sure the appliances are in top working order before moving anyone in to avoid the possibility of someone getting shocked.
  • Inspect for moisture and water damage- Moisture if undetected in a home can cause some serious damage including health issues, especially if there’s mold. You should check for moisture around and under sinks, water heaters and AC units thoroughly. Extensive moisture damage can turn into some pretty hefty repair bills. While checking for moisture damage, you may as well have a caulking gun in your hand to make sure all tiles, tubs, and sinks are completely sealed.
  • Treat for pests regularly- Whether you have an insect problem or not, you’d be wise to pray for them. By treating them before they even make an appearance you can stay ahead of the game. Also, it’s pretty hard to rent out a home if it’s infested with insects.
  • Inspect The AC once a year- The central AC is one of the most expensive items you’ll ever have to replace on a house. By having it professionally inspected and maintained once a year you can ensure that you’ll get the most mileage possible out of the unit before having to replace it.
  • Painting- By keeping your property nicely painted, not only will it look it’s best but a good paint job can prevent water damage and wood rot. Again, this can save you big bucks in the long run.

As you can see from the list above, keeping a rental home properly maintained is not exactly rocket science but it does require consistency. If you’re the type of landlord that’s just too busy to handle these things, you might want to consider hiring a property management company to help you out.

¡Mantengámonos en contacto!

Nuevo cliente potencial de formulario ORC

"*" indica los campos obligatorios

Este campo es para fines de validación y debe dejarse sin cambios.
Trastorno obsesivo-compulsivo*

Open Houses, Worth It or Worthless?

Several hundred realtors in Orlando were recently asked if they still held open houses as part of the marketing strategy to get a house sold. From the dramatic response that was received, real estate agents were passionate about wanting to respond to the question about open houses.

The answer was [Drum Roll Please…] an overwhelming 58% said that open houses are a waste of time and don’t do them anymore. The other 42% said they were in favor of doing open houses and still used them as part of their marketing strategy. The survey also revealed another interesting set of facts, over 70% of participants hold between one and six open houses in an average month while the remaining 30% don’t do them at all.

As listing agents in Orlando, we do hold open houses for certain properties as part of our marketing plan, especially luxury homes. Planning an open house for an investment home or a teardown would be a waste of time as open houses are geared more toward the retail buyer.

It depends on the seller whether an open house will even be an option for marketing the home. Some sellers are very private and don’t even want their own neighbors to know that their home is for sale.

Other homeowners expect their realtor to schedule at least one open house in the marketing plan. These homeowners just want the property sold no matter what and couldn’t care less how many people parade through their house. Open houses are also great for getting buyer feedback about the property.

Promoting The Open House

The most popular way to promote an open house these days is obviously social media. The more friends and people you’re connected with, the better your chances of having a successful open house. Email campaigns printed materials, and even bandit signs with balloons are also used among most real estate agents in Orlando to ensure some activity at an open house.

Some realtors will even take things a step or two further by baking cookies, popping popcorn, and even hosting a wine tasting at the open house.

So at the end of the day, open houses are alive and well although the majority of agents don’t do them. I think whether they are worth doing or not depends largely on the listing agent and how good they are at marketing their open houses. If the agent can get a good crowd to show up, then it’s worth it. On the other hand, if an agent just plans on putting up a few bandit signs and balloons, then why even bother?

¡Mantengámonos en contacto!

Nuevo cliente potencial de formulario ORC

"*" indica los campos obligatorios

Este campo es para fines de validación y debe dejarse sin cambios.
Trastorno obsesivo-compulsivo*