Google Maps, A Great Tool When Looking for Orlando Properties

If you’re looking to buy a new home or investment property in Orlando, the first thing you should do is consult with an Orlando Real Estate Professional. In addition to hiring a top Orlando realtor you can be doing some research on your own by using Google MapsIt has never been easier to obtain information about a property, like surrounding businesses, schools, etc. Google maps  becomes especially handy when you’re looking at properties outside of your area.

The number one reason to utilize Google Maps when looking for a new home outside of your area is that it is free. All you have to do is log onto Google Maps and type in the address for the property you are considering purchasing. Instantly you will see a map view of where your home is located, complete with street names and some of the surrounding businesses. You can often determine everything from the nearest grocery store to nearby schools. You can then click “directions” to quickly find the directions from the home you are considering and other areas of interest such as work, school, and shopping. How cool is that?

Satellite View Feature

Along with the map view of Google Maps, you can also click “satellite” on the upper right hand corner of the screen in order to see an actual satellite view of the area. Zoom in to see details such as the neighborhood layout. Plus, some addresses will even enable you to take a street view of the property providing you with a better idea of what your home looks like from the road. While utilizing the satellite feature, you can also determine the general neighborhood condition, including the upkeep of nearby homes. However, when opting for the satellite version of the map it is important to remember that it does not stream live so sometimes the maps are often rather old. All in all, Google Maps is a great asset when looking for a new home.

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Orlando Short Sale Listings Rise Dramatically

The market is seeing a remarkable spike in Orlando short sales, an increase in overall median sales price for existing homes and increases in median sales prices for foreclosed properties. The Orlando Regional Realtor Association (ORRA) reported that in November 2011, short sales jumped 39.38 percent versus prior year sales.  Surprisingly, the accompanying median sales prices jumped by 7.07 percent; rising from $99,000 to $106,000.  The fact is that 73 percent of homes under contract and pending closing are short sales” …Wow! That’s a big number.
Although the performance stats for the Orlando real estate market are encouraging we’re not out of the woods yet. The good news is that there will be some great real estate deals in Orlando for some time to come. If you need to get your Orlando house sold for top dollar quickly, contact us today.

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