How and When to Use a Kick-Out Clause

How and When to Use a Kick-Out Clause
  A kick-out clause allows the seller to continue to market their home to potential buyers even after accepting an offer. This clause is typically added when the buyer still needs to sell their current home in order to purchase the seller's house. This kick-out clause makes it possible for the seller to basically "kick out" that initial buyer's offer if another, more preferable offer comes in.   This might seem a bit harsh but in the real estate world, there are risks invo...

Date Published: September 1, 2021 | Author: Erika

Waverly Downtown Orlando Condos for Sale

Live where you can walk, not ride   How would you like to take a long walk around Lake Eola, walk to grocery store or see the July 4th fireworks from your balcony?   Many Orlando residents know that you need a car to get around in Orlando.  But did you know that only 3% of Orlando is considered walkable?  Finding a walkable community is rare find, but Downtown Orlando offers some options.   Downtown Orlando has alway been a popular place to live, rent, work and is highly ...

Date Published: November 18, 2020 | Author: Erika

Should I buy New Construction or an Older Home?

Home Buying New vs. Old Home Dilemma   Many home buyers are sometimes puzzled with what they should or can buy.  Should they buy a brand new home or resale home?   In Central Florida, there is an abundance of new construction and buyers always  have a choice whether to buy brand new construction or a resale home. Pretty much it is their choice which to buy as long as it fits the budget.   New construction homes are popping up where their used to be vacant areas of land. ...

Date Published: June 11, 2020 | Author: Erika

Can I Negotiate Closing Costs?

Can I Negotiate Closing Costs?
Closing costs are the fees paid at the closing of a real estate transaction. When a seller agrees to a purchase price from an offer we technically "open escrow" and deposit the earnest money into an account to be held until closing when it is then transferred and credited to the buyer. During the real estate transaction, there are several things that happened including home inspections, appraisals, and the underwriting process for buyers. All of these transactions cost money from courier fees ...

Date Published: June 1, 2020 | Author: Erika

What Happens in a Home Closing?

What is a home closing?   You may have heard it called a "closing" or a "settlement" for a property purchase.  Either way, this should be a happy day where you get the keys to your new home.  It is always a happier day when the buyer knows what to expect and is prepared to finalize all the details.  Being prepared makes everything go smoother and stay on schedule. Closing on a home is crossing the finish line   After saving for years, you finally found a home you are ex...

Date Published: April 21, 2020 | Author: Erika

Are House Inspections Necessary?

Should Florida Home Buyers get inspections?   Whether you are familiar with Florida homes or not, it is important to have a through house inspection as part of your buying process.  It is important to know all the homes benefits and potential repairs that may be needed when you get ready to make that huge investment of buying your home.  Let's face it... no one likes surprises, so a thorough house inspection will assist you in that process.   It is never recommended to skip ...

Date Published: March 23, 2020 | Author: Erika

Buyers Broker of Florida Sold Top 10 Highest Priced Home

Moss Park Reserve
Buyers Broker of Florida Achieved Top Sales Congrats   2019 was a great sales year for Buyers Broker of Florida.   Eve Alexander topped the highest sales price for 2019.   Orlando Sentinel Newspaper reported Buyers Broker of Florida sold the top 10 most expensive Orlando home in 2019. Location, Location, Location   This exquisite property is located in the only place you can own residential real estate on Disney property.  That's right...the property is loc...

Date Published: February 25, 2020 | Author: Erika

Short Term Rental: How to Write an Offer

What is a Short Term Rental?   It is a rental that can be rented for shorter periods of time than an annual lease.  A short term rental can be rented for a day, week, month or longer.  Typically the tenants are people on vacation who want to rent for a short period.  Short term rentals are not allowed in all cities and communities, so the community must be zoned to allow short term rentals.  Many people who spend time in Orlando like to invest in short term rentals so they can util...

Date Published: January 2, 2020 | Author: Erika

Do Solar Roof Panels add Value to a Home?

Harnessing Energy from the Sun   Did you know that the Orlando area receives 5.5-5.0 KW of natural sun light?  Instead of having a roof reflect the sunlight to keep your home cool, solar panels harness the suns energy through Photovoltaic (PV) systems.  These solar roof panels convert direct sunlight to energy for your home. Your home can use this energy, store this energy, or sell this energy back to the electric company.   Cost of Solar   Solar panels can be an exp...

Date Published: November 11, 2019 | Author: Erika

Osceola County 55+ Adult Communities

Do retirees going to the Orlando area find themselves retiring in an Osceola County 55+ community?  You better believe it!  There are some excellent choices for the young at heart adults.  Orlando has a growing population of people coming to retire and the market is listening. Osceola County is one of the largest counties in Central Florida located just south of Orlando and home to many new adult communities.   Due to Osceola county's growth, each area has its own niche.  For ...

Date Published: October 31, 2019 | Author: Erika