Tag: Agentes inmobiliarios de Orlando

Orlando Realty Prices Continue to Rise while Inventory Drops

Publicado el por Jenny Zamora

Orlando Real estate prices keep increasing as Inventory decreases

It’s becoming painfully obvious that when it comes to Bienes raíces en Orlando, it’s officially a seller’s market. The market is nowhere near as inflated as it was in 05′ 06′ , but we’re definitely moving in the right direction. For the 4th month in a row Orlando home prices continue to go up. This is great news for homeowners that have had their value cut in half during the past five years, whether or not this trend continues remains to be seen.

Most of our own listings at Orlando Realty Consultants usually will have a solid contract on them within 5 days of putting them on the market,  sometimes we’ll even get a contract within that first day of listing them. More and more we are seeing multiple offers come in and most of the time the offers are above the listing price.

Orlando’s summer Home Buying season is in full swing

It’s that time of year again. The kids are out of school and people that have been wanting to buy an Orlando Property but didn’t want to switch their kids to a new school mid way through the school year are now actively searching for their Orlando home before the new school year begins. The evidence is in the numbers, median home prices are up 2.6 percent since April. This is proof that Orlando home buyers are on the hunt with a certain sense of urgency.

However, even with the increased seasonal demand and attractive interest rates, Orlando Realtors completed fewer sales in May than they did a year earlier. Orlando agents reported a preliminary count of 2,337 home sales last month, down 5.8 percent from May 2011

If you’re thinking of selling your Orlando Property, now may be the perfect time to do it. Finding a buyers for Orlando realty has never been easier. Sellers are finally back in the drivers seat for the first time since 2006. Find out what your Orlando Property is worth here

 

 

Jenny Zamora, Lic Orlando RE Broker
Serving the Orlando community since 2005
 

 

Sell A house in Orlando

¡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*

Is Now a Good Time to Sell your Orlando Property?

Publicado el por Jenny Zamora

Right now may be the best time to Sell your Orlando Real Estate

If you are an Orlando homeowner, you may be asking yourself, ” Should I put my house on the market now, or should I wait another six or eight months?

Here’s what I think, The inventory for Orlando Realty has decreased dramatically. This means that Bienes raíces en Orlando values have increased and buyers are sometimes having to go through bidding wars with other home buyers to get the home that they want. The fact is that buyers just don’t have the power that they had 2 years ago and they know it.

Here’s what I suggest; Contact an Orlando realtor who is experienced in your neighborhood. The agent should be able to pull data showing you recent sales [within the past 2 or 3 months] and tell you how much your house should sell for within what time period. The best part is that  Consulting with  an Orlando Realtor doesn’t cost you anything and there’s no obligation. You can get a feel for what the market will give you before making a commitment. You have nothing to lose.

Make Sure You are selling your Orlando Property for the Right Reasons

If you know exactly why you are selling then it is easier for you to follow the right plan of action for getting what you want.
If you are a seller who needs to close a sale as quickly as possible, then you should know that getting the highest price possible is not one of your priorities. It does not mean that you won’t or cannot get the highest price, but it means that the price is not the deciding factor. A buyer who can give you a quick closing time will appeal much more to you than a buyer who can offer you more money but the negotiation and closing time drag on.

It’s always good to know how low you will go on your Orlando Property, in terms of selling price. This will help to eliminate some of the offers that you find simply offensive or ridiculous. Even though you should consider all offers seriously and take into consideration the terms of each offer, sometimes, if you know the bottom line and are strict about it, you can save yourself time.
Once you know what your limits and reasons are, discuss them with your Orlando agent so that they can help you set your goals realistically. If you decide to list your home on your own, make sure you do research on the current market, and you get the proper advice you need in terms of legal issues, etc. The key is to be realistic and to know what your goals are so they can be met.

Finding the Best Orlando Realtor for You

I you’re in the market for an Orlando Real estate expert, check out 9 critical things you need to ask a realtor. 
By following what is outlined in the list, you will have a blueprint on hiring an Orlando agent that will work for you.

 

 

Jenny Zamora Lic Orlando RE Broker Since 2005.                                                                                             Ask me anything, I’m here to help.

 

Sell A house in Orlando

¡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*

Buying Orlando Real Estate without an Agent Can Prove to be Costly

Publicado el por Jenny Zamora

Buying an Orlando Realty without a Realtor can Result in Disaster

 

Buyers loves to get a great deal on Bienes raíces en Orlando and there’s nothing that I enjoy more than to provide my clients with terrific Orlando homes at great prices. However, If you you don’t want to use a realtor, there are other options available such as bidding online for properties going to foreclosure or searching craigslist for motivated sellers.

Bidding at the Orange County online foreclosure sale.

It’s true that you can find a good deal at the auction on an Orlando property. Although, if you don’t do your research prior to bidding, there’s a good chance that you could lose big.
A family was recently bidding in an online auction on a foreclosed home in the Orlando neighborhood of Meadow Woods.  However, those bidders didn’t know they’re now on the hook for the previous owner’s mortgage.

The home went to auction on the Orange County Clerk’s foreclosure website, and someone bought their home for $16,000! What a deal right? Wrong!… the guy that bought the house online didn’t do his research until after he bought the house. It turns out that it was an HOA foreclosure and there was a mortgage attached for 200 thousand dollars. Can you imagine thinking that you just got the deal of a lifetime and then finding out that you inherited a $200,000.00 debt?  It’s like, “Oh, my God. What have I done?”

People have this misconception about the online auction where they think bidding on foreclosures is a lottery ticket. The truth is, many people end up losing money bidding on foreclosures.

 

Before bidding, you need to do a title search.

One of the problems with trying to get a house online is all that you have to put in a lot work to be successful. Spending a hundred dollars on a tile search can save someone from making one the biggest mistakes of their lives. Doing a title search is just one of the things you need to do. It’s always a good idea to go to the house even if you can’t get inside. Most of the time you won’t be able to get in but you can at least get an idea of what the outside looks like.

Unfortunately, disgruntled homeowners that have been forced out because of a foreclosure can sometimes take out their frustrations by causing severe damage to the inside of the house. I’ve seen houses with well over $20,000.00 in damages caused by angry homeowners and their favorite sledgehammer or golf club.

The moral of the story is this; If you choose to find a property without the help of an Orlando Realtor, make sure to do your due diligence or you could end up losing money.

 

 

¡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*

The HARP Program is a Real “Life Changer” for Orlando Homeowners

Publicado el por Jenny Zamora

 What Is The HARP Program?

HARP is the Home Affordable Refinance Program. It was an initiative by the Obama Administration begun in 2009 to allow underwater homeowners to refinance their homes at today’s low mortgage rates. The program is currently available to homeowners through June 30, 2012.

If you are current on your mortgage, with or without equity, then you are eligible for this program and there is absolutely no reason why you shouldn’t apply for HARP. It doesn’t cost anything to apply and it could the answer to your mortgage problems.

The government continues to purchase mortgage backed securities and rates continue to fall and are near record lows.

HARP allows you take advantage of current market rates even if you are “underwater”. These programs are Financial “Life-Changers”. They are also available for a limited time as determined by congress so people need to act now to take advantage of this stimulus program, and lower their monthly payment and/or term.

We’ve helped many Orlando homeowners to qualify for the HARP program since 2009 when it began. Sometimes people will come into my office thinking that their only option is to sell their Orlando property by way of short sale or by bringing money to the closing table. When I sit down with a client I like to know why they are selling. If an Orlando homeowner tells me that they would love to keep their Orlando property and they’re only selling because they can no longer  afford the payment, I will usually recommend that they apply for HARP before trying to apply for any other programs.

For clients that truly want to keep their Orlando homes, we explore every option available to them to achieve that result. It’s only after we’ve exhausted all means to try and keep the house do we resort to selling it.

Recent HARP applications Surge

According to a recent article in National Mortgage News, the five largest mortgage servicers have seen approximately 400,000 applications for refinancing under the new program. People are starting to become more aware of HARP but for some reason 9 out of 10 of eligible Homeowners still fail to take advantage of this government program.

Many people that are upside down in their mortgage automatically believe that they can’t re-finance. With the HARP you can!

Doing an Orlando Short Sale may be your best option

If you decide that an Orlando short sale is the best option for you, we then try to get you qualified for programs such as HAFA which allows the seller to leave the closing table with a minimum of $3,000.00. Depending on who the lender is, we’ve been able to get some of our clients up to $30,000.00 back in some cases. How’s that for a bailout package?

 

 

Ask me anything, I’m here to Help

Jenny Zamora Broker

¡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*

Orlando Home Sellers Staying After Deals Close

Publicado el por Jenny Zamora

More and more sellers are insisting on staying in their Orlando property after deal closes.

Como un Orlando Realtor since 2005, I’ve seen it all. Some people need more time to find a new place while others just want to stay to finish out the school year. In some cases the sellers will make a deal with the new owners to continue renting the home indefinitely.

I say why not? As long as the buyer and the seller are able to come to a mutual agreement as far as rent and terms, then go for it.  Although many of my buyers are retail home buyers who want nothing more than to move in their new house, we also work with a lot of investors who buy several homes a year through our company.

Some of these investors are strictly  re-habbers that are interested in fixing the house up and selling it. These particular buyers never want the sellers to stay after the closing because they need to get in there and get to work. Obviously, you can’t have people living in a house while your remodeling it because it’s not livable. The other reason is that a lot of these investors need to close on one deal in order to re-invest in the next one.

However, there is another type of investor out there that is willing and able to accommodate sellers wanting to stay in the property provided that the terms are agreeable to both buyer and seller.

Buyers have had the advantage in Bienes raíces en Orlando deals since 2006, when the market was flooded with properties and prices were still astronomical.

As Orlando Realty prices became more affordable, sales increased sharply, reducing the supply of available Orlando homes and ultimately giving sellers more power in negotiations.

Bidding wars have now returned for moderately priced homes, some real estate firms and analysts say that Orlando’s housing market has hit bottom. And others say more foreclosures could be on the horizon and will hurt prices.

In my opinion we’ve not only hit bottom but Orlando real estate is steadily increasing. Is it still a buyers market?  Yes, I think so, but in desirable Orlando neighborhoods with not a lot of inventory, buyers are fighting to get the houses.

Sellers are Starting to Regain Control in the Orlando Real Estate Market

Sellers in Orlando realize that the market is starting to come around again and some homeowners use this as leverage to make a deal with the new buyer to stay in the house. At the end of the day, short sale or not, the Seller has all of the control as long as the property hasn’t gone through foreclosure. That means that they can refuse to sign the sales contract if they don’t get the deal that they want.

Most sellers prefer to leave the home on the day of closing or before. However,  in my experience, post-occupancy clauses occur on about 10%  of the deals closed by our office.

While buyers may feel they have no choice but to allow a seller to rent in order to get the deal done, they should be careful about agreeing to it. There should be a written agreement that includes a specific move-out date and the amount of money that will be held in escrow to be used if the seller-turned-renter damages the property.

Ask me Anything, I’m here to Help.

 

Orlando Real Estate Broker

¡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*