Welcome to Real Estate Guide
Orlando Florida Real Estate Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Finding Real Estate For Sale
from:Finding real estate for sale is easier today than ever before. Obtaining listings from websites means you no longer have to drive around town looking at homes with for sale signs or wait for an appointment with a real estate agent. With this in mind, if investing is your strategy, remember that simply purchasing a property to resell or rent to tenants is not the end of the story. Smart real estate investors look for properties that are below market value. A good way to find these is to look at foreclosures. Some homes that have been foreclosed on will be ready to rent or resell at a profit. Other buildings may need renovations or updates in order to sell them. Working with a trusted real estate agent who specializes in foreclosures, knowing what you are investing in ahead of time by carefully looking the property over and making the best deal you can will help insure that you come out ahead of the game.
Getting your hands on foreclosure listings
Obtaining and reading a listing of properties that have been foreclosed on can have its advantages. Ideally a listing will have a photo of the property as well as any pertinent information about the property. You will know ahead of time what features and amenities the property has. If you are planning to purchase the property strictly as an investment, these features can be strong selling points. Other pertinent information will include the asking price, which usually can be negotiated even on a property that has been foreclosed on. The lot features such as lot size, sewer and utilities should be listed as well as building interior and exterior features. If appliances are going to stay they will be listed as well. Homes that have been foreclosed on will not have a tenant or homeowner there so the real estate listing will be your main source of information. This also generally means possession after closing is immediate so there is no wait for the current tenants to move out. This is the best way to make a quick turn around on your investment. It is also imperative that you do get a listing of foreclosed properties, either from a bank, credit union, mortgage company, real estate agent or online. Most of these properties will not have a real estate for sale sign in front of them until after they have been put on the market which could mean less negotiating power for you. Many times the companies that have repossessed the properties will send someone around to do repairs or other updates to the property before they are listed with a real estate agent. Making an offer on these properties before that happens can lead to a win-win situation for everyone involved.
Orlando Florida Real Estate News
Orlando new-home sales, home construction are up
Business has picked up from last year for Orlando-area homebuilders, and at least some of their new customers are an unlikely group of buyers: former foreclosure victims.
Read more...Good News For The Florida Commercial Real Estate Market: Convenience Store Expansions Up Ahead
More good news comes to the Florida commercial real estate market as 7-Eleven Inc., the massive convenience store company, will be bring more major business to the Broward, Palm Beach and Miami-Dade County areas as it is set to expand by opening 15 more stores by the end of 2012 with 25 more set for the following year.
Read more...Orlando foreclosure activity down from March to April
Foreclosure filings in Metro Orlando were down 9 percent in April from a month earlier, according to the real-estate research company RealtyTrac Inc.
Read more...Investigators: Fake real estate agent stole thousands from residents
State investigators said a man stole $250,000 from people who made down payments, hoping to buy new homes, but none of the homes were actually for sale. WFTV found out Paul Vencatasawmy posed as a real estate agent, but was never licensed by the state. Paperwork indicated that he had victims in Orlando and throughout Central Florida. Florida Department of Law Enforcement agents claimed ...
Read more...Southwest Florida real estate briefs
New office in Bonita Springs
Read more...Orlando Realty Executives Broker Receives Nomination for Women Who Mean Business Award
Orlando, FL real estate broker Jennifer Dollar was nominated for the coveted Women to Watch category by the Orlando Business Journal for their annual Women Who Mean Business awards ceremony held on April 19, 2012.Orlando, Florida (PRWEB) April 27, 2012 Realty Executives has once again demonstrated its unsurpassed management commitment by having their Owner/Broker, Jennifer Dollar, nominated for ...
Read more...#Vacation Getaway Contest Launched by Hilton Resale Broker, Has 2 Weeks Left
Selling Timeshares, Inc. has offered the chance to win a three-night stay in Orlando, Florida or Las Vegas, Nevada. Participants only have two weeks left to enter the company's social media-based vacation getaway contest.Alameda, CA (PRWEB) May 16, 2012 Selling Timeshares, Inc., a licensed Real Estate brokerage that specializes in Hilton timeshare resale, has recently announced that it has ...
Read more...Florida Economy Rises In March, Reports Comerica Bank's Florida Economic Activity Index
DALLAS, May 23, 2012 /PRNewswire/ -- Comerica Bank's Florida Economic Activity Index increased in March, rising four points to a level of 109.5. The March index reading is 29 points, or 36 percent, above ...
Read more...