Orlando Real Estate and News

Why Buyers Should Choose the Title Company on Nov 4, 2009 in Orlando Title Work In the State of Florida, who ever pays for owners title policy can select the title company. Paying owners title policy is a negotiable item in the contract. In the Central Florida area it is customary for the seller to pay for owners title insurance...

Expansion of First Time Home Buyer Tax Credit on Oct 27, 2009 in First Time Home Buyer Credit The senate is expected to vote this week to expand the tax credit until June 2010 or March 2010 with $2000 decreasing each quarter in 2010. The first time home buyer credit has fueled the housing market with many proponents in support to continue it...

What should your property offer be? on Oct 22, 2009 in Home Buying Orlando Real Estate Orlando Home Prices That just depends…on many factors…all which need to be considered.1. How long has the property been on the market? Is it stale or a hot new property? The longer a property is on the market, the more motivated the seller will be.2. Who is selling...

Time to Buy is now for Home Buyer Tax Credit on Oct 20, 2009 in First Time Home Buyer Credit ...

What goes into a Short-Sale package? on Oct 20, 2009 in Orlando Short Sales 1. Hardship letter: the purpose of this letter is to tell the lender your “story” of why you have missed payments and why you cannot continue to pay. It should be handwritten and come from the heart.2. Financial disclosure: Like a loan applicatio...

Is paying $10,000 over full price enough? on Oct 20, 2009 in Orlando Real Estate Orlando Foreclosures Maybe not. If the property looks good and is priced right, there will be multiple offers and some will be above full price. Guaranteed.Don’t listen to the media “doom and gloom” about the glut of foreclosures and the prices falling…it isn’t...

#1 Reason short sales do not close… on Oct 14, 2009 in Orlando Short Sales The paperwork submitted to the lender was not packaged adequately.Here is the deal…the mitigators for the bank are overwhelmed, overworked and underpaid. Many carry 200-300 files; way too much for even a super worker.Some banks are now paying ince...