Buyers

What is a Short Sale?  An Orlando Short Sale is a property that has more debt on the property than the market value of the home.  In order to be sold, the  bank or lender will have to approve taking a "short  payoff " by agreeing to accept less for the mortgage than is owed.   Who owns the Orlando Short Sale Home? The owner of the property still owns the home, not the bank.  The bank is not the owner, they just need to approve the sale.  The bank does not own the prope...

How home buyer might cancel a Real Estate Contract...   The best advice on how to cancel a real estate contract is not to sign a contract that you are not sure of. Don't let a pushy agent intimidate you into signing anything.  Its your money and your decision. Seriously, if in doubt do not sign and find an Exclusive Buyers Agent that understands.   Here are some strategies to protect yourself when going to contract so that later you may have an option to cancel a real esta...

Cash for Orlando Homes is a good thing...but is CASH really the king?   Last year cash for Orlando Homes was up...56% of all home sales in Orlando were paid for with cash. Cash for Orlando homes went  up from 31% a couple of years ago.  This does not include investor sales, which would probably drive the percentage of cash for Orlando Homes up even higher.   The 56% of cash for Orlando homes were beat out by 60% cash sales in Osceola County. Osceola county is where most of ...

Orlando Home Buyers Sabatoge Stories:   Orlando Home Buyers who search for Buyers Brokers are looking for more than just an agent, so they value our opinion and expertise and rely on what we say...but then there are those few that either think they know it all or are so anxious that they sabotage their own real estate deal.   Stories of mistakes Orlando Home Buyers made:   Orlando Home Buyer Story  #1: Buyer talks to much...   After signing up as an ...

Orlando Condo Financing Buying Condos in Orlando's Real Estate Market   There are 1,277 condos for sale in the metro Orlando market. However, only a small percentage of condominiums can actually be purchased with condo financing in Orlando. Most all Orlando condo financing has to be purchased with cash.   Condos are an excellent option for home buyers that do not want a yard to maintain, and what a lock and leave concept. Orlando does not have the same volume of condos as ...

Trust your Real Estate Agent?   Zillow just put out a report on what consumers want from their agents.  #1 on the list was "TRUST".   Home Buyers want to TRUST their Real Estate Agent, but can they?  Can you trust your real estate agent?   In Florida to trust your real estate agent is a tall order, because Florida is a Transaction Broker state where every licensee is presumed to be a Transaction Broker that owe you the consumer...not much.   In Florida, a tran...

For sure some Orlando Property is overpriced... There is only one good reason why Orlando Property is overpriced...because too much money is owed and the seller cannot sell for less.   So in order to sell the home and get out from under the debt, the Orlando Property is overpriced.  The other reasons are frivolous and irrelevant at best.   Seller originally overpaid so they want to make it up on the sale of their home. Seller over-improved the property and now wants to recoup ev...

Buying Orlando New Construction Homes   Buying Orlando new construction home can be complex, so it is best to know how it all works before you start looking.  Buying Orlando New Construction is very different from the resale market and not having an experienced buyers broker at your side, may effect your wallet.     Areas   First you need to consider the areas where these Orlando new construction single family homes are being built.  Production buil...

  Legally allowed in FLORIDA REAL ESTATE.  But is it really moral and ethical?...or even possible?  In my book, it should never be allowed....ever. This is a major conflict of interest. and the best reason why every home buyer needs their own Buyers Agent.    If representing two parties with opposing interests were really possible, there would be ONLY ONE ATTORNEY IN A COURTROOM...they could prosecute and defend all at the same time...just like in real estate.   ...

How to buy an Orlando Home in one day...and yes it can be done if you follow these 3  rules:    ...and no, you do not have to buy an Orlando home in one day...it is always your choice on how long you wish to search.   Occasionally we have a client fly in the morning, select an Orlando home to purchase and fly home that evening.  It can be done, but it is not the first choice for most home buyers.  If you like the idea, here is how you do it...   How to buy an O...