A final walk through is not at all like a home inspection or an appraisal. The final walk through occurs after all the dust has settled from negotiating the price, to scheduling inspections, getting the loan approved, etc. A final walk through is an inspection usually performed by the [...]
Most people are under the assumption that a loan has to be in delinquent status in order to be transferred. The truth is that any loan can be transferred at any time the bank wishes. Remember the fine print that you speed read through at the closing? Somewhere in that fine print it states that your[...]
When I started my career as an Orlando realtor back in 2004, I started working for one of the big-box brokerages thinking that it was a good way to get started in Orlando real estate and become a successful realtor. Working for a nationally recognized brokerage franchise can be great for new-bee [...]
Prospective home purchasers have observed a significant price shift in house prices in the metropolitan Orlando area. This is coupled with a rise in mortgage rates and tougher mortgage rules for customers who carried substantial debt all through 2013.
According to Orlando [...]
According to a recent report released by the credit bureau TransUnion, Americans are taking care of the timely payments of their mortgages so much so that the rate of late home mortgage payments has reached a record five-years low. The report, released Wednesday, February 12, reveals that compared [...]
According to the findings of a new consumer confidence survey by University of Florida, Floridians are now slightly more confident about the improving US economy than they were the last year. Released on Tuesday, January 28, the report found consumer confidence in Florida rise to 78, one point [...]
Voters from Florida are now going to decide whether or not the Water and Land Conservation constitutional amendment should be passed, during the November 2014 ballot.
On January 16, the Water and Land Legacy of Florida – the group seeking to push though the proposed amendment, announced that it [...]
With gazillion home listings and realtors available out there, buying a home in Orlando can get a little overwhelming. Having a clear-cut picture of what you want can make hunting homes in Orlando a lot easier. Once you get a good idea about what you are looking for in a house, you can discuss it[...]
Bad BPO's= Inflated Values
Orlando Realtors that specialize in short sales know how important the brokers price opinion [BPO] part of the process is. The BPO refers to the value of a property as decided by a local real estate agent or broker. It's important to note that BPO agents are [...]
There is a common myth in the world of short sales that once you begin the short sale process, it stops the foreclosure process. I've been doing short sales in Orlando since 2005 and I can tell you from experience that it's just not true. Don't get me wrong... in some situations it can happen [...]