Buying a Home? – What You Need to Know

 

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 with your Orlando realtor to get your dream home. Read on, and we’ll tell you how to make your home buying journey a lot less stressful.

 Knowing your budget

 As tempting as it is to first pick out a nice house and then focus on the budget, let’s face it, it’s a bad idea. Chalking out a budget will give you the advantage of zeroing in on houses that are available within that range and sticking to it. Also, make sure you take additional expenses into account while planning your home budget. This could be closing costs or interest rates that add up. The location of the house greatly affects the price, if you have a particular neighborhood in mind, research the house costs. If the house needs fixing, you need to estimate the fixing costs prior to buying the house. While most sellers, renovate their houses before putting it up in the market, some offer houses at a lower price if the buyer is willing to fix the house and bear the expenses that come with it. Estimate the cost of these homes with and without repairs before you make a choice. Talk to your Orlando real estate agent , on whether you want a ready-to-move-in house or don’t mind buying one that needs some touch-up.

Features and amenities

 While the budget largely rules the kind of features the house will offer, Orlando real estate agents  say that there are a variety of homes on sale in Orlando that can cater to everyone’s budget and needs. Start by making a list of features you can’t do without in the house. This is crucial as it is easy to get carried away by that sparkling pool or that rustic library. Be it the number of bedrooms/bathrooms in the house, or the state of the kitchen, ask yourself what are the absolute essentials. Once you’ve got that done, move on to the facilities and amenities in the house. Is it what you’re looking for? Can you get some additional features installed while operating within your budget? Get a better picture of your needs and tell your Orlando realtor about them.

Search Florida Homes For Sale Just Like A Pro!

Many people like to do their own looking around before enlisting the help of a real estate professional with their search. This is the reason why we have a state-of-the-art home search tool that allows potential home buyers to search the MLS just like a realtor…All from the comfort of their own home!

Visit our website and find your Florida dream house. Within a few clicks of your mouse you’ll be on your way to finding the perfect home for you and your family.

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Orlando Realty Prices Continue to Rise while Inventory Drops

Orlando Real estate prices keep increasing as Inventory decreases

It’s becoming painfully obvious that when it comes to Orlando real estate, 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

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