Orlando Real Estate Blog
July 18, 2015
The East End Market in Audubon Park is bring new life to Winter Park. Already one of Orlando’s most forward thinking neighborhoods, the new market is attracting younger home buyers to the area with these core ideas;
According to their website, “East End Market is a neighborhood market and culinary food hub inspired by Central Florida’s local farmers and food artisans. Through collaboration and creativity, we strive to cultivate an appreciation for our true sustenance, a better understanding of our food system, and a dynamic local economy.”
Below is a beautiful graphic they created to give you an idea of what you can expect!
There’s now more reason than ever to look at buying a home in Orlando’s kitschiest neighborhood, Winter Park. From the cobblestone roads of Park Ave to this new cultural epicenter, there’s truly something for everyone.
July 12, 2015
1. Know the Market
Do you live in an already established market? Are prices moving up or down? Or are you in that sweet spot of a neighborhood that’s got potential and on the rise. One thing to ask is whether the schools in your area will attract families. Knowing your local market is fundamental for choosing the right home to buy and sell. Know the caps on your market, check out recent sales, and get an idea for how long homes stay on the market.
2. Crunch the Numbers
Get really clear on how much you can spend on both the property, and the home renovations. Some other things to consider are the costs of short term loans, maintenance, taxes, and even utilities. You’ll need to know how much you are willing to spend on manual labor and materials. Once you know these things, and have accounted for some buffer and risk, only then can you start looking to purchase that home.
3. Make Improvements with the Buyer in Mind
If you are in a neighborhood with lots of retirees, consider the typical age of a buyer when you make those home improvements. Lots of elementary and high schools, consider what a younger family might want. Think about how many bathrooms the house will have in relation to large families with kids, and even split plans. And a nice yard is always enticing to families with you kids and pets.
4. Don’t Price Your Home Too High
You may be proud of your work, but don’t let that cloud your judgment. Remember, no one saw the house before you started, and they probably don’t care how far it’s come along. They are looking at dozens of homes and all that matters is if yours stands out. Consider underpricing a bit to get the fish to bite, then let them bid it up to where it needs to be.
5. Help to Educate the Buyer
An informed buyer is more likely to make a purchase, because they feel confident that their decision is rooted in knowledge. Over deliver and give them more than they bargained for. Provide instructions, note the details, and make sure they are ware of every last bit of information that makes them feel emotionally confident about settling down in this new neighborhood.
June 14, 2015
If you didn’t already know, we buy houses!
I am about to give you some valuable advice that will save you aggravation, time and money. As an investor I have attended many seminars and read many courses on buying houses. These courses teach you how to buy houses with no money. How is this possible and what does it mean for the seller of the property?
First of all it is impossible to buy anything without money
Courses teach investors to get sellers to sign a contract to purchase their home. Do you really want to go into contract with a buyer who has no money? You are probably wondering why people with no money want to make an offer on your home. They simply want to tie your property up with a 7-15 day inspection period. In this time they will be looking for a real buyer who has the cash to buy your home at a marked up price. To do this they will be asking for access to your home so they can have the real buyers inspect your home. If they don’t find a buyer they simply cancel the contract before the inspection period ends.
How can you prevent this?
1. Do not sign an assignable contract. A real investor with cash does not need an assignable contract. An assignable contract just makes it easy for the investor with no cash to sell your house.
2. No contingency contract. An experienced investor should not need an inspection period. If an investor is insisting on inspection period have them do it before entering into a contract.
3. Proof of funds. Always ask to see a current bank statement with enough funds to cover the offer amount.
4. Deposit. Take nothing less than a $5000 non refundable deposit made out to a title company. Make sure to verify that the title company has received deposit and funds have cleared.
Start today with no obligation
It only takes a few minutes to begin the process of selling your home for cash. All you have to do is complete our online form or simply pick up the phone. You will get a call from our office within 24 hours if you choose to do the online form. We will quickly come to assess your home, and have a cash offer to buy your home same day. You are under no obligation to sell your home by receiving a cash offer, and your information is confidential. Don’t worry if your home needs repairs. We buy homes for cash in “AS-IS”
Call Today (407) 920-5553
June 12, 2015