A short sale on your home can be frustrating, intrusive and sometimes even embarrassing. At Orlando Realty Consultants [ORC] we've developed a process for people who need to do a short sale, but don't want the whole neighborhood knowing about it. We like to call it..." The Quiet Short Sale". [...]
Should I get my home appraised before I get a buyer so that we can make sure it appraises for what we want?" This is a question I get from Orlando Sellers sometimes and then I ask them... "Would you accept an appraisal that was provided by someone that owns the house that you want to buy?" [...]
Do you need to get your house sold quickly? Whether you need to get rid of the house due to a short sale, downsizing, or because you found a job in another location, there are a few strategies that you can use to sell your home quickly and at a reasonable price. Selling a house requires a lot of [...]
Cash Incentives for Short Sales
It appears that new short sale guidelines that have been put into place continue to make it easier for the distressed homeowner to get relocation assistance after completing short sale on their distressed property. Mortgage companies Freddie Mac and Fannie Mae have[...]
With Orlando Real Estate in high demand again, experienced investors are taking advantage of these almost perfect conditions for re-habbing houses. Even new investors are turning out in record numbers to try and cash in on flipping a house. Rookie investors will always make mistakes on [...]
The Orlando real estate scene has seen renewed residential construction activity this year. According to Real Data Apartment Market Research, more than 6,100 dwelling units are being constructed in the Orange and Seminole counties - double the count of September, 2012. Central Orlando and the [...]
Short sales just don't go the way that you want sometimes. Banks can be stubborn and unrealistic at times when it comes to their valuations of what a property is actually worth. Check out this guest post I wrote for appraiserblog.com "What happens when short sale property gets approved for more than[...]
When the real estate market crashed, many people were left owing a lot more on their house than it was actually worth. Some also lost their jobs. It didn't matter what income bracket they were in, the crash affected upper, middle and lower income families alike.
In other words, you’re [...]
Orlando homeowners are in a panic to sell their homes before the end of the year when the Mortgage Tax Debt Relief Act of 2007 is set to expire.
There’s a chance that the Act could be extended but, if Congress fails to extend the Mortgage Forgiveness Debt Relief Act of 2007 before the end of the [...]
Don't be afraid to ask your Orlando realtor questions about your short sale
So you've decided to pursue a short sale on your home either because it owes more than what it's worth and and just want to get out from under it or because you've fallen behind on your mortgage payments. You're next step [...]