Buyers

Did your last Buyer Agent cash their check and hide?

Some things in Real Estate are just not right....   I am talking about a buyer agent that closes a deal and disappears.  They are not to be found on this green earth. The only thing left is their marketing material.   The marketing material that brags about what a great buyer agent they are or what wonderful sellers agents they are.   Ok, so if they are so professional, why are they pretending that they did not get your e-mail, voice mail or text?   Pro...

Date Published: April 23, 2015 | Author: Eve

Top 10 Commandments when buying New Construction

Real Estate Agents offer guidance to New Construction Purchase     Yesterday, I read an article published by the Florida Realtor Association stating that real estate agents should help buyers understand the complicated process of buying new construction.   I was surprised, because most Florida Realtors are predominantly focused on the resale market, rather than new construction market.   Because our office specializes in home buying, we do sell a lot of...

Date Published: April 21, 2015 | Author: Erika

Unsatisfactory Home Inspection

 TRUE Home offer/inspection story:   Our buyer is making an offer on a property where there are multiple offers. In order to make our deal more appealing, we submitted the offer on a Florida "As-Is" contract.   That means that the buyer will take the property "as it is" IF the inspections are satisfactory.  That does not mean you cannot have a property inspection and it does not mean that you cannot re-negotiate the contract after inspections. You absolutely CAN do both. ...

Date Published: April 6, 2015 | Author: Eve

Are Orlando duplexes going to disappear?

Who wants an Orlando Duplex?   I got an inquiry last week for a duplex for 7 people moving from out of state.   It has been a long time since someone asked me about buying a duplex, so I had to review the market to see check the inventory.  What I found was very limited duplex supply and nothing looked exciting.  The prices were such, that if doing financing, a buyer would not have a positive cash flow.   Yes, almost all the duplexes are being bought for ren...

Date Published: April 2, 2015 | Author: Eve

Home buying tips for home buyers

Home Buyer Story:   I just had a call from an anonymous buyer who was in hot water on a contract to buy a home and wanted out of the deal.  He wanted my advice, despite that he had an agent...or so he thought.   Of course the buyer was not sure what they signed.  A scarey thought, but not unusual.   The real estate forums are full of home buyers seeking advice on how to get out of their contract, but they seldom know what the contract they signed really said....

Date Published: March 31, 2015 | Author: Eve

Village Walk in Lake Nona Almost Sold Out

Village Walk in Lake Nona is a Unique Community   Village Walk in Lake Nona offers so much, it's almost like a vacation resort. Wait.  It gets even better. You can actually live there full time, but feel like you are on vacation every day.  Doesn't that sound nice?  Village Walk offers so many amenities, that it is stress free, almost all maintenance free living.   Village Walk  hasa Mediterranean style with tile roofs and homes built among waterways like Venice, Italy....

Date Published: March 16, 2015 | Author: Erika

Why do a Real Estate “walk thru” prior to closing?

In Florida we call settlement of escrow "closings".   "Closings" is where the purchase money is transferred and the keys to your new home purchase are given. Seems simple enough, but in some cases this is where problems arise.   Here are some things that a home buyer may not know:   There should be a "walk thru" just prior to closing.   Preferable on the day of closing, the agent and/or buyer will do a final walk thru of the property.  This is to check an...

Date Published: March 10, 2015 | Author: Eve

How Orlando Buyers Agents get paid

How Orlando Buyers Agents get paid is often misunderstood.   Some home buyers will not even call any Orlando Buyers Agents because they think they will have to pay them out of their own pocket.  Not so.   There are several ways that Orlando Buyers Agents can get paid that is not cash direct from the home buyer.   Here are two of the most common ways that Orlando Buyers Agents get paid:     1.  The seller pays the full commission to the listing brok...

Date Published: March 2, 2015 | Author: Eve

Is MURDER a material fact?

Florida says "NO" I say "YES"!   In Florida, Real Estate Agents do not have to disclose a murder.   As a Florida Realtor Attorney (name withheld) says, that is because "Murder, suicide or another disturbing act is not a material fact."     I disagree...a lot   I say that "MURDER" is a material fact. Absolutely!  I also disagree with the attorney's newspaper opinion that "stigmatized properties are gaining popularity".   If that were true, stigmatize...

Date Published: February 23, 2015 | Author: Eve

The cost of new construction in Central Florida

New construction in Central Florida is booming   In new construction homes, you can find any size, any color, any amenities.    The trade off is that you will probably need to drive to the outskirts of Orlando, and New construction in Central Florida is not cheap anymore.   As land becomes scarce...   The shortage of land is making all builders scramble to get the last of the vacant land...at a higher cost.  Higher land costs, reinstated impact fees and ...

Date Published: February 20, 2015 | Author: Eve