Tag: Jenny Zamora

Encore Club Short Term Vacation Home For Sale

Posted on by Jenny Zamora


This is a gorgeous short-term vacation home located at the one and only Encore Club at Reunion Resort! Come see this Beautiful six bedrooms, six bathrooms smart home just minutes from Disney World.  It features beautiful granite countertops throughout, an in-ground pool, and a spa. Walk up the brick paver driveway to a double car garage and a beautifully landscaped design.  

Step inside and you will find two stories of fully furnished luxury from the floors to the vaulted ceilings. The open kitchen overlooks the dining space and living area with a relaxing pool view. A spacious family room gives plenty of room for the whole family to gather and spend some quality time together without feeling crowded. The covered lanai overlooking your private pool may quickly become your favorite place to sip morning coffee and relax.  

Encore Resort guests experience the Best of everything: relaxation, excitement, and luxury. The resort community pool features water slides, a splash pad, beach volleyball, and other beach-side amenities. The indoor recreation includes large screen TV, gaming systems, snack market, and arcade room.   Guest Services will assist with anything from scheduling transportation to catering as well as help you navigate the monthly resort community schedule.

Located within minutes to Disney World, Universal Studios, Seaworld, International Drive shops, and much more! Excellent opportunity to expand your current portfolio of short-term rental properties which can be self-managed or use the services available within the community.   If you’re looking to make a solid investment in a short-term vacation home, then this is it! With several bookings already in place for the remainder of 2018 and into 2019 this home purchase is a no-brainer.

Call or text 407-902-7750 to schedule a showing today or visit https://orlandorealtyconsultants.com/

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The 7 Most Common Home Selling Mistakes

Posted on by Jenny Zamora

     

When Selling an Orlando Home Avoid These Common Mistakes

Setting the price on your own- The Orlando real estate market is constantly changing. Don’t think that you can determine what your listing price should be on your Orlando home just by going to Zillow. To come up with the true value of your home enlist the help of an experienced Orlando Realtor. Listing your home for the correct price from the beginning is crucial to a successful home sale. Failure to do so can result in longer than average days on the market which translates into less money in your pocket.

Pricing it too high from the beginning- If your home is overpriced you’ll get fewer showings because buyers looking for homes up to a certain price range may not even bother looking at yours. You will ultimately have to lower the price anyway to get it sold so make sure your listing price is realistically from the start.

Using an unusual listing price- When buyers use real estate search tools, they have to input ranges for example, “homes between $150,000-$200,000.” So if you set an unusual listing price, like $201,500.00 then you just might miss out on a potential buyer.

Overpricing on purpose- If you’re not in a rush to sell you may want to consider waiting to list your home until you are. Some homeowners adopt a strategy of listing it high thinking they’ll get the perfect buyer out of the blue that’s willing to pay a lot more than the home is worth because they’ve just fallen in love with the home and can’t live without it. This never happens! The fact is, the longer a home sits on the market the fewer showings you’ll get, and if it’s overpriced then don’t hold your breath for that fantasy buyer.

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Don’t get emotional- Remember, selling a home is just a business transaction so keep your emotions out of it. And never, ever walk around your house with a potential buyer, chances are you won’t have the same taste which can create an awkward situation for the both of you when they make a negative comment about your decor. Even if you get a low ball offer don’t take it personally. You should consider any offer a starting point for negotiation.

Not keeping it in good condition- Unless your home is a fixer-upper in need of major repair, make sure that it looks the best that it can. Having it clutter-free, clean and tastefully staged will go a long way in not only attracting more potential buyers, but also in getting top dollar and selling quickly.

Selling without a REALTOR- People who sell their homes “FOR SALE BY OWNER” stay on the market a lot longer than they should and sell for a lot less than those who enlisted the help of an Orlando REALTOR. By using an experienced real estate agent, you’ll have the peace of mind that someone’s in your corner looking out for your best interests as well as handling any problems that may arise throughout the transaction.

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Orlando Short Sales: Ask The Expert

Posted on by Jenny Zamora

Orlando Short Sale Expert Q & A

In this post, we address the most common questions among consumers about short sales and how they differ from traditional sales. In the hot seat, today will be our very own Orlando short sale expert Jenny Zamora. She’s been successfully doing short sales since 2004 way before most people even knew what a short sale was.

Question: What’s the difference between a short sale and a traditional sale in a real estate transaction?

Jenny Zamora: In a short sale scenario, the home is sold for less than what’s owed on the mortgage. Short sales usually take much longer to complete because they need to be approved by the lender/mortgage holder. Sometimes there is more than one mortgage on the home which can sometimes complicate things if both lenders don’t agree.

Once the lender [s] have agreed to the short sale amount then it becomes a normal transaction with a contract signed by both the seller and buyer.

Question: How is a foreclosure different from a short sale?

Jenny Zamora: A foreclosure is when the lender files a lawsuit against the homeowner because they’ve failed to make several mortgage payments and haven’t pursued any other options such as a short sale, loan modification, or paying off the loan. As a result, the property is either sold at a public auction or taken back by the bank if the reserve hasn’t been met.

With a short sale, the homeowner is usually between 60 to 180 days behind on their mortgage payments because of some kind of personal or financial hardship. The property also must be worth less than what’s owed on the note for the short sale to be approved. Although a seller can’t profit from a short sale, many lenders often provide the sellers with relocation costs [usually around $3000] so they have money to help them move into another home.

A short sale however isn’t nearly as bad nor does it stay on your credit report as long as a foreclosure will.

Question: How long does it take to complete a short sale in today’s market?

Jenny Zamora: Short sales used to take 3 to 4 months and even longer to complete even if you followed up with the banks several times per week. As a result, many buyers were getting frustrated and walking away. This happened mostly because lenders just weren’t equipped to handle that many short sales at once and they had no systems in place to help streamline the process. These days, lenders have systems in place and more staff to help move the short sale processing along much faster resulting in much faster responses, typically within 2 to 3 weeks.

Question: Do you have any advice for someone wanting to purchase a short sale?

Jenny Zamora: 1st and foremost to make sure they’re dealing with a short sale specialist. If the agent isn’t familiar with short sales and how they work you could end up being disappointed and not getting your offer approved. Even though I’ve been doing short sales in Orlando since 2004, I’m constantly keeping up to date on the latest information when it comes to short sales, bank procedures, and guidelines.

An experienced short-sale Realtor knows how important it is to stay up to date. Just like there are specialists in the medical field, the same holds in Orlando real estate. We specialize in foreclosure prevention and short sales which is why our company is so proactive in staying educated and informed.

Question: What are the things that can most likely go wrong with a short sale transaction?

Jenny Zamora: Some things can happen with a short sale that is sometimes beyond our control. The most important thing to realize is that it’s ultimately up to the lender to approve or deny a short sale offer. This is another reason to work with a short sales specialist. If the bank comes back with a value that’s way too high, we have to do everything we can to dispute their valuation. Sometimes that means providing contractor’s estimates for repairs as well as a CMA on the home.

A traditional listing agent may not even be aware that you can dispute the bank’s valuation of a property and just let the deal fall apart.

Do you need a Realtor to short sale?

Question: Do you need a Realtor to short sell a home or buy a short sale?

Jenny Zamora: Yes and Yes… and I can’t stress enough to hire a Realtor with a lot of experience in short sales. On the seller’s side, the home needs to be listed by an agent as a requirement by the lender. You also want a strong negotiator in your corner.

As a buyer, it isn’t required to hire your own buyer’s agent. However, if you don’t then you’ll end up using the listing agent as your agent… I strongly recommend you hire your agent that way you have someone looking out solely for your best interests, especially when it comes to negotiating.

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10 Creative Ideas To Help Sell A Home

Posted on by Jenny Zamora


Orlando Real Estate Marketing Ideas

Whether your home is in great condition or it needs a ton of work, the key to selling is a great marketing plan. As a motivated seller, you want your home to stand out among your competition to potential buyers in any way that you can.

A strong basic marketing plan is good…. but not good enough. There are a lot of little things that are often overlooked by Realtors. These real estate marketing tools take a bit of extra time and effort to prepare but they can have a huge impact on getting your Orlando home sold for top dollar.

If you team up with the right Orlando Realtor who’s willing to put in the extra effort, everybody wins!

These are some often overlooked real estate marketing ideas that have served us well and incorporated into your marketing plan.

Create A Floor Plan

By creating an attractive and professional-looking floor plan which represents your home, buyers get a clear picture of your property at a single glance. In addition to having paper copies available, take it a step further by making it available online.

A floor plan isn’t hard to make either… Your Orlando Realtor should be able to do this for you at no charge. After all, it’s going to benefit them as well by making your home that much more buyer-friendly.

Create A Professional Video

Video is more popular than ever and only continues to trend upwards. Just go to Facebook and you’ll see more videos than images. A professional-looking video tour of your home is important in selling an Orlando home these days.

Our company Youtube Channel “Orlando Realty Consultants” contains a video for every one of our listings and has proved to be an invaluable tool in our home selling arsenal. A well-made property video will engage a potential buyer much more than text and images.

Your Orlando real estate agent should offer this service to you. If they aren’t using video as part of their home selling marketing strategy then you’re missing out on a serious amount of exposure to potential buyers.

 Provide Utility Bills

In my experience, only about ten percent of home buyers will ask for the seller to provide them with a copy of their utility bills so they know what their monthly expenses will be.  Instead of waiting for them to ask for this information, why not have it available before they even think about asking. Buyers will appreciate it … especially the ones that wouldn’t have even thought about asking.

Provide A List of Service Providers

Everybody loves convenience. They want to start enjoying their new home as soon as they get moved in and settled. If you have service providers that you are happy with such as lawn maintenance, pest control, house cleaners, etc… then share this information. Compile a list of service providers that you’re happy with and have it available to your buyers. This will show buyers that you care about your home and that it’s been well maintained since the time you lived there.

Home Owners Insurance Provider

Depending on how experienced home buyers are with the process, they may be clueless in some or even all aspects of the home buying process. Homeowners insurance is a big one not only in price but in service. If you’re happy with your homeowner insurance provider, then you should make your potential buyers aware of what company you’re using. You should even give them the contact info of whom you deal with. You never know, it could end up saving you a few bucks on your next house.

Neighborhood Info

If you live in a neighborhood like mine you’ll be dealing with a very strict homeowners association. It’s best to let your buyers know about the basics. Although this may seem unimportant to some buyers, others will most definitely appreciate knowing what to expect moving forward.

Local School Information

If you’re in a grade-A school district, you should make your buyers aware of that. Even if you don’t have any children of your own. Being in a good school district is advantageous for maintaining property values.  Also, let them know if the local schools have won any awards or are involved in anything else important within the community.

Public Transportation

Although it may not be important to you, it may be extremely important to the new homeowners. Things like bus transportation, train stations, bike paths, etc. are all great to have in your information packet.

Share What You Love About The Town

Provide a written description of the reasons you love your neighborhood. This should be easy to do because it taps into your emotional side… just as it will into theirs. Writing a well-prepared narrative about things you love most about your home and neighborhood is a fantastic way to add a personal touch….emotions sell real estate!

If you think that the above information will be useful in the marketing of your Orlando home, then here are a few more…

  • Touch Up Paint- provide the paint colors of both the inside and the outside of your house so buyers can easily maintain the paint or buy more of the same if need be.
  • Water Shutoffs- If your water shutoff valve is in an unusual place, let the buyers know in case they need to get to it in a hurry.
  • Trash Days- Inform the new buyers of trash and recycling days.
  • Appliance Info- Provide as much information as you can about your appliances including warranty information, etc.

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Why Use A Short Sale Specialist?

Posted on by Jenny Zamora

Most Realtors in Orlando won’t touch a short sale file while others… even though they’ve never done a short sale… refuse to ask for help which can seriously hurt a homeowner’s chances at selling their home via short sale.

As the leading short sale experts in Orlando, we take on all short sale listings, even the ones that other agents want no part of. You see, it is one thing to process a short sale with just one lender but when you have to deal with multiple lenders and or liens attached it becomes a whole other ball game.

A short sale specialist should know everything there is to know about the process and everything else that goes into facilitating the entire transaction. The agent should be aware of everything from foreclosure postponement, lender guidelines, and the latest state short sale regulations. There’s no situation that should arise that’s is beyond your short sale agent’s comprehension.

Cash Back To Seller Programs

Even though your lender is accepting a loss on what’s owed to them, many times we’re able to get our short sale clients anywhere from $3,000 to $30,000 back at the closing for relocation costs. A short sale agent should be up-to-date on all the various cashback to seller programs offered by different lenders. If they aren’t aware of this it could cost the homeowner thousands of dollars when they need it the most.

How Does A Short Sale Agent Get Compensated?

In a typical short sale transaction, the lender pays the real estate commission from the sale price. Some agents will try to put a short sale processing fee on the CD [Closing Disclosure formerly as the HUD-1] but it must be approved by the lender. You should never, ever pay a real estate agent prior to doing your short sale. Only attorneys are legally allowed to charge an upfront fee to complete your short sale.

If you’re in a situation where you need to do a short sale on your home, be sure to hire a proven expert in order to give yourself the best chance at making the sale happen. For a free consultation with one of our Orlando short sale experts visit https://orlandorealtyconsultants.com or call 407-902-7750.

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