Buyers

Clermont Florida is popular for 55+ Communities   Many retirees who are thinking of retiring to a 55+ community in Central Florida often choose the city of Clermont.  Clermont is located in Lake County, which has many lakes, outdoor activities, and is ideally situated with an easy drive to Orlando.   Esplanade at Highland Ranch is one of the prime choices.     Esplanade at Highland Ranch provides Access to World Class Venues   Esplanade at Highla...

Hire the right Orlando Buyers Agent   Maybe you are a first time home buyer.  Or maybe you had a bad real estate experience in the past. If you are in the market to buy a home, hiring the right Orlando Buyers Agent can make your home buying a pleasant experience.   Don't hire the wrong Orlando Buyers Agent   Buying a home is a serious business, it is to your benefit to know your options when choosing an Orlando Buyers Agent.  Here are some  buyer beware tips ...

The Encore Club at Reunion Last Phase in Reunion   Reunion is one of the best luxury community in Orlando's vacation market.  It has several good restaurants, spa, golfers paradise, fun lazy river waterpark and good location to Disney.  The Encore Club at Reunion the latest brand new community and building in its last phase within Reunion.  The Encore Club at Reunion is resort living within the luxury resort of Reunion.     [embed]https://youtu.be/46RLFen9zaw[/embe...

Orlando Real Estate Sales   Orlando Real Estate experienced the highest volume of sales in 27 years. Yes, that is right, with record number at 3,435 properties in June.   Orlando Real Estate sales experienced a 21% growth compared to June 2014.   Prices still increasing   Orlando Real Estate prices have increased for the straight 47 months (almost 4 years).  The new median price of a home is now $181,500.   Foreclosures prices have increased out...

What's Changing in Real Estate?   HUD forms currently used today in the closing of a real estate transaction, have been used since 1974 and are outdated. The HUD form is, an itemized three page form with a summary of charges for the buyer and the seller.  This HUD form is the guideline for how money will be distributed at the closing of a real estate transaction.   These HUD forms will be replaced with a new “Closing Disclosure” (CDF) which will be a five page f...

Septic Tanks Inspections Orlando is a dirty business   Septic Tanks are always a dirty business. Think of it as your own personal sewer that is located in the ground underneath you.      Most home buyers are not familiar with septic tanks and do not give it much thought initially when developing their criteria for buying a home. Because Septic tanks are common in Central Florida, typically finding one is not a deal breaker.     When home buyers find...

Home buyers have no clue about Auctions.   Many Auction home buyers bidding on homes mistakenly buy a property burdened in additional debt that they are unaware of.     This is more common than you realize.     Many Auction home buyers think that the opening bid is the asking price.     Not so.     That is the starting price and the ending bid may be hundreds of thousands of dollars more.     Auction Home Buyer lost $10...

Cash buyers in Orlando are common   In the last quarter, 56% of home sales were cash buyers paying cold cash.   Cash does talk and allows the cash buyers to be the top bidder. But does that mean that they get what they paid for?   Not necessarily...     Cash buyers overpaying for property may also be common   Do the cash buyers  have a good buyers agent advising them?   Or are these cash buyers under the spell of the listing...

What do most agents think about home inspection re-negotiations?   Ok, so I am shocked.  Sometimes I cannot believe what some real estate agents think that a home inspection is for.   There was a recent blog called "My inspection report is not "ammo" posted on a private real estate forum by a home inspector who stated that his inspection reports should not be used as ammunition to get concessions from the seller.   I could understand why he is wrong because h...

March sales of Orlando homes   [embed]https://www.youtube.com/watch?v=koOBKpOyPUw&feature=youtu.be[/embed]   Orange and Seminole showed a 25% increase in Orlando Homes sold in the past year.  It also showed a 25% increase of the median price to $177,500. The median price for "normal" existing homes sold last month is $203,000.  "Normal" home means that they were not foreclosures or short sales. This is almost a 11% increase over March 2014 and a 6% increase over the mo...