floridahomebuyersblog
Florida Real Estate Investors Blog
A safe haven for Entrepreneurs and young professionals alike. This blog features business and Real Estate national news to local stories and case studies, and amazing photos that attract our attention from around the world....Welcome.
32 posts
Don't wanna be here? Send us removal request.
Last Seen Blogs
seb-baby
baby doll
christopherrobertevans
I DON'T WIKE IT
vaudlux
Sans titre
frognotes
stumbling through education
nyoronyoropowapowa
何日かで一枚描くよ
Text
Why Buy a Home in Orange City, FL 32763 ?
Orange City is a quaint little town just outside of the hustle and bustle of Orlando, FL. People come to live here for the lovely scenery, laid back lifestyle, and simplicity. The price-point for a single family home in Orange City, FL is very affordable, making the dream of home ownership much more attainable than in other areas of Florida. Only 45 minutes away from Disney World and 30 minutes away from some of Florida's beautiful beaches, there's no question why Orange City is such a great place to call home.
For more information on buying your first home or dream home in Orange City, visit our website now! www.flhomebuyersnetwork.com
7 notes
·
View notes
Photo
940 Rose Ave, Orange City, FL 32763 - Before/after of the hallway in this NEAR completed rehab project.. Looking forward to getting it on the market this week once final punch list is complete.. 💸🏡🔨📝=👪
#OrangeCity #FL #Rehab #RealEstate #WeBuyHouses #CashHomeBuyer #buyhousescash #cashbuyer #WeBuyHomesOrlando #homes #houses
#OrlandoRealEstate #VolusiaCounty #Entrepreneur
#OrangeCity#FL#RealEstate#FlipThisHouseOrlando#VolusiaCounty#WeBuyHomesOrlando#Entrepreneur#WeBuyHouses
7 notes
·
View notes
Link
1 note
·
View note
Text
940 Rose Ave, Orange City, FL - New Rehab Project!
Welcome fellow homevestors! We're reporting live from our current Florida rehab project in Orange City (30 mins from Orlando) .. It's a pretty simple project we officially closed on this past week. As you can see this rehab doesn't need a lot of work (I included a few pictures of it's current condition), mainly new carpet, paint, BRAND NEW cabinets in the kitchen and bathroom, beautiful new countertops, new tile flooring, and a ton of "sizzle features" that ANY homeowner can appreciate.. stay tuned for more behind the scenes before and after videos/pictures of this lovely Orange City rehab.
Follow our progress here!
www.facebook.com/pershingpropertysolutions
www.twitter.com/floridaflippers
Instagram @PershingPropertySolutions
If YOU or anyone you know are looking to buy homes at the HOTTEST prices before they ever hit the open market visit our website right now! www.flhomebuyersnetwork.com
4 notes
·
View notes
Link
Make your mortgage closing as fast and painless as possible by following these simple steps.
BOOM!
5 notes
·
View notes
Video
youtube
The Most Motivating Video for Success (by Wealthand Abundance)
0 notes
Text
7 things to know before you buy a new house in Florida
Buying a new house is more than technical know-how procedure. Buying a new house involves a lot more in to consideration. It is also essential to know the various types of taxes (local, state and federal) and crucial parts of a real estate deal as well as options that you have.
Estimating your budget capacity is the first step. You must have a fairly good idea about the upper limit of your purchase. Unless you are planning to pay most part in cash, check out the mortgage loan EMI and past 15 years variable interest rate. The banks or any financial institution generally funds 75-80 % of property valuation.
Narrow down on your desired home type. Or if you are flexible with that, first search for your desired region. You can try for Tampa and Orlando (orange county) if you prefer warm weather. If you prefer to spend your winter holidays along beach side, Naples will be a good choice provided you have the right budget for it. But you can also look for other Gulf coast cities or Atlantic coast, which stretches from St. Augustine to Miami. Unless you have a budget more than $300,000, don’t waste your time and energy on Miami beaches. Further, it depends whether you want a simple apartment or a condo. Whether you are purchasing a re-sale or new home, neighbourhood check is a must. You do not want to wind up in noisy and bad neighbourhood.
Be smart. It’s sometimes better to buy a cheap re-sale property for duplexes and mansions or beach houses than buy a new one. See if you can save the cost by home improvement rather than pay double for brand new.
Calculate the one time and recurring costs of buying a home. One time costs include transfer taxes, title insurance premiums and other legal as well as mortgaged fees. This normally amounts to 5% of your home price.
Any home you buy with zero down, check whether there are any liabilities or dues legally. If you are buying a re-sale home, check what priority improvements and repairing it requires before it can be used. Calculate the estimated costs. A proper home inspection ought to be carried out before you sign the deal. Calculate year on year maintenance that the home may require due to its current conditions. For new homes, check out the quality of construction and materials used as well as the reputation of the developer.
Know your purchase process properly. Usually, a 1-2% faith or goodwill money is deposited after you finalize all terms for purchase. This binds your deal verbally. The title insurer insures your home against any 3rd party claims with a deposit, generally 10%. Failing to arrange funds within contractual time will jeopardize your deposit. Foreigners require minimum 20% down payment which can go up to 30% or so.
Make your contracts crystal clear. Clear possession dates and default actions must be stated. It is always wise to go with reputed realtors, member of NAR (US) with a proven track record. If you are short on time, agents can do a better job for only a small percentage of your deal. Generally, all properties listed for sale are accessible to realtors on their common centralized data-base (MLS) which can provide you a more options than you personally can get.
Managing your budget is very important. People often make the mistake of buying high maintenance houses coupled with variable mortgage loans which piles up a debt on them, often resulting in foreclosure or short sale. Florida has witnessed one of the highest foreclosures in US. Your annual expenditure on home, including loan payments, taxes, maintenance, repairs, etc. should never exceed 25-30% of your income.
#Florida Real Estate#buy homes florida#house buying#buy homes orlando#foreclosure#Short Sale#mortgage
2 notes
·
View notes
Text
Are YOU (or someone you know) Looking to SELL a home in Orlando?.. We can help by solving virtually ANY real estate related challenge, just take 2 minutes of your time to fill out some basic information. NO Hassle, NO fees, NO realtor commissions, just REAL Solutions! Period.
- Visit our site or Call us today @ 407-612-6182
www.buymyflhomenow.com
1 note
·
View note
Text
How to buy foreclosed home?
Buying a foreclosed property is not everyone's cup of tea, both for buyers and even realtors. Although you may find it lucrative, buying a foreclosed property is more complicated and time consuming. Going after a foreclosed property has its own pros and cons. You can only avail its pros if you can pass and sustain its cons first.
The average property price is about 30-40% below the market level and there is no line defining it. It largely depends on lenders or mortgage loan provider and his vested interest in that property. There have been cases where buyers have managed to secure for almost half the market prices. Also if you have ready cash waiting to be disposed of in some nice investment, this is the right choice for you. It creates an asset with much cheaper price, especially if you regret missing the bottom of the housing sector in 2008-2012 period.
A house sold via bank auction has its own issues. There is a stiffer competition for the same property, where bidders sometimes bet blindly without proper home inspection. Do not get carried away in auction process, because a home may be availed at lesser price but its present deteriorated condition may ultimately add up more than expected (termite damage, cracked foundation, faulty electrical system, etc). In such times, the right realtor is very useful. Established realtors have better relations with banks, allowing you to avail properties at better prices and quicker. Usually homes take a couple of days before they are entered into the database by the bank, but with good realtors, you can get to know about it in advance before they are thrown in the market.
But the process in itself is quite lengthy, legally. Plus there are other conditions such as instant payments, mostly cash based. Also there is very little scope of negotiations in foreclosed homes. Although some properties may be listed at throw away prices but some maybe slightly above your expectation. Banks don’t always negotiate, the main process they have is outright sale or auctions. Plus defaulters aren’t that kind when they leave their properties. You may find a whole lot of accessories such as plumbing, knobs, fans, switchboards, etc. either damaged or missing. The roofs may be leaky or doors half cranky, the lenders hardly care about that. All that extra cost will be upon the buyer, not to mention the depreciation it underwent during this whole foreclosure process. There have been apartments lying idle for several years which local taxes have accumulated beyond its present value. Such homes are in worst shape with problems like water leakage and termite infestation, and require extensive maintenance before they can be used.
You will need to carry out a detailed survey on what extra costs you will have to bear before the property is accommodable again. You will need to check out whether the foreclosed house has any 3rd party debts, liens or liability, plus the due taxes and bills from local municipality. A proper process has to be carried out legally for such homes as there is more claim risk involved. Plus, your pre-approval and pre-qualification letters can be very useful unless you plan on paying in cash. This is a typical requirement for properties in demand. Also, most sellers are in general short of liquidity and they require buyers with approved lending capacity or who can provide the majority of it in cash.
2 notes
·
View notes
Link
The Devil Is Always In The Details!
0 notes
Photo
Aventador by BrunoImperiale on Flickr.
My exact Dream Car, the goal is to have this parked in my garage by April 19th 2015 ;-) (which is my Birthday)
GOALS ARE VERY IMPORTANT!! NOT WISHES, NOT WANTS, BUT GOALS!!!
Cheers to your success!
1 note
·
View note
Text
Should you buy a new house in Florida, right now?
After the housing bubble, deciding whether to buy a house in the Sunshine state has been a tough choice. Adding to the above problem are those sellers, who are still stuck with property bought in the 2004-2007 bubble and are unwilling to sell it for anything lesser than those prices. But here are a couple of factors which make present times more favorable to a buyer, in short, it’s still a buyers market right now (minus small pockets where sellers currently have the upper-hand).
You definitely missed the 2010-2012 bottoms, where foreclosures were at peak and houses sold at much cheaper prices than ever. But you are still in the right time frame. In real estate, it’s always a cycle of up and down, with each up going higher than the previous one. Florida has pretty high foreclosure rates and such deals can definitely be worth going for. Short sale, if dealt properly can produce you a pretty nice deal as well. Don’t forget, the market is rising with an average of 3-5% every year, although it may still seem stuck to you. Tampa and Miami are hotspots for foreigners, especially Canadians and South Americans. Buying a beach house (for example) here can not only create steady passive income but also create an invaluable asset when prices shoot up several years down the line.
The Southwest Florida region is a particularly better place to start your home plans because Florida is majorly based on tourism, with the Southwest being the major tourist “go-to” place. Southwest Florida largely depends on tourist income, so a residential apartment or house can be rented during summer/winter seasons. With hubs to many corporate companies, Miami can be the place to create a commercial asset as well as earning passive income from it. With decreased mortgage loan rates, you can balance the payments and passive income, at the same time creating an appreciating asset. The rental demand is high and will still go up with time, both for beach side residential as well as commercial. Due to the bubble, many have had mortgage debt outscoring present property valuation and such sellers will be willing to let loose such houses lower than market price to avoid foreclosure. What you need is an eye for such deals and a capable real estate agent, who can liaison the deal.
Particularly, this is a cash based market right now. With ready cash, you can expect to sweeten the deal in your favor due to lack of liquidity in market. The prices on average have been about 50% they were at peak, and have been increasing the past couple of months. Now is the right time to get your desired condo or any other property before speculation fever starts. Orlando is witnessing appreciable buyer interest and with current market trends, it is highly advisable to book for future needs, as in due time your property will get appreciated.
#buy homes florida#Florida Real Estate#Real estate news#real estate investing#foreclosure#Short Sale#buy homes orlando#cash buyer#Miami#orlando#real estate agent#southwest florida#summer 2013#2013#2010-2012#tampa#commercial real estate#beach house#property for rent in florida
1 note
·
View note
Link
After posting a 75-month low in April, foreclosure filings increased 2 percent in May, according to RealtyTrac. The rise was primarily driven by an 11 percent increase in REOs over the month. However, REOs demonstrated a 29 percent decline year-over-year
0 notes
Text
Creating a Buyers List in Florida...
Sounds like seasoned real estate agents learn the art of selling homes well enough to form a buyers list of potential customers themselves. One way of creating this buyers list almost seems unreal, but it sounds like it works. One way a real estate agent forms a buyers list is to create a bandit sign themselves. They'll get a corrugated plastic sign from the store. They have a preselected house they are selling. They'll put up numerous signs in the general area where the property is with a very simple sales message on it. Surprisingly, these real estate agents get calls.
It doesn't seem like something that simple would work, but apparently it does with some people. Just make sure there are no restrictions on putting your signs in the area or you might end up getting fined or having your signs taken down.
Another way to build a buyers list is to scout out houses that have sold for straight up cash. Florida real estate agents mention driving to these properties. You want to run into the crew working on the property and give them your business card. When you do your research, you should only have to go about two weeks out. You are looking for the lowest selling property.
If there is no one there at the time, look at the sign on the property and give them a call. Ask them if they're looking for any homes in the area and if they're looking for deals of any kind.
Drive around different areas looking for sale signs or for rent signs. Keep a pen and notepad with you so you can quickly write down the numbers on those signs. Calling the numbers on these for rent signs is one way to grab another buyer.
These are three different strategies that are almost guaranteed to help you build a buyers list. It may take some time if you are new to selling properties. This is a business you can start on the side if you know the ins and outs of real estate before you starting scouting the properties and making the calls. Keep a list of the buyers you gain so you have them on hand and update them for any future properties unless they come to you first.
More than likely they will come to you over and over again asking about any properties that are available if you sound like you have a solid idea about properties you're in charge of.
Looking to Buy or Sell a House ?? Don't wan't to deal with costly realtor commissions ?? For more information, visit our website TODAY by clicking on the picture below.
0 notes
Text
The Value of Home Improvements:
Maintaining your home isn't just pleasing to the eye, it adds value to your home should you ever decide to be the home seller. And there are many ways to approach updating your home. Look at updating doors or windows on your home that not only add beauty but also add a level of insulation to your home. That insulation will cut down the electric bill in the winter and help keep the house cool during the summer. Two things that will attract buyers should you decide to sell your home down the road.
Things such as energy efficient windows, doors, and other details will add value to your home while making it look stunning. Add touch-ups to your cabinets giving a beautiful face-lift. Do the same to your counter tops. That doesn't mean completely tearing what you have apart and starting from scratch. That means upgrading what you have and giving it a fresh look. All without breaking the bank. You can get estimates on the cost of these updates before going through with them. Just keeping in mind that while they will cost money, they'll also add money to the price of your home.
If all of the remodeling sounds great, but you're also into being eco-friendly, there are businesses catering to you. Updating a house with eco-friendly products is becoming increasing popular.
Now when you want to make updates to your home, you can choose solar water heaters, solar window films, solar attic films and more. Solar products use less energy and rely more on the sun to provide the heat water heaters provide. This cuts down on the use of electricity, which is more kind to the environment. Solar windows are supposed to cut energy costs by 30%, which is pretty good. Imagine the savings on that next energy. This creates less demand on the air conditioner, which in turn may help your air conditioner last longer. That is good news and will be especially nice to know when the temperatures reach past 85 degrees.
These are just a few of many improvements home owners can make to their house to add value. These are basic home improvements as well as eco-friendly updates. You can get an estimate on the eco-friendly updates too. And remember, some of these updates can be made on the outside of your home as well as your yard to add value to your home.
0 notes
Text
Florida Real Estate Showing Big Growth in 2013's First Quarter...
Are you planning to get a home in Orlando or Central Florida? This might be the right time to make that investment. Real estate experts report a gained strength for the Florida real estate market during the first quarter of this year. The factors that combined for them to make that conclusion include higher median prices on properties being listed, increased sales, boom in pending sales, and lower inventory days on homes for sale. The performance in the first quarter of this year has also shown considerable growth when compared from last year's data.
The improvement in Florida's real estate performance is also bolstering the economic status of the state. It is true not just for residential properties as several investment properties, mostly from foreign investors and entrepreneurs, have provided more jobs in the state. The fact that people had jobs, it also contributed to them having the capacity to obtain Orlando homes, as well as other cities throughout Florida. This is just one of many factors that contributed to building a solid foundation for housing market recovery.
Data revealed that the closed sales for single-family homes in Florida during the first quarter of 2013 came close to 49,000. In comparison to last year's data, this year showed 10.2 percent increase. This takes into account all sales that were done within a 30-90 day period since homes were put up on listing.
In addition, pending sales were also significantly improved during Q1 of this year. Pending sales refer to ongoing transactions for home sellers that is not yet closed but is not completed either. This year, it has improved by as much as 26.8 percent with homes priced at approximately $153,000 for single-family occupancy. This data is testament to the fact that residential properties remain to be one of the most in-demand properties in the state with several families moving into the state as opposed to the general idea that only investors and business properties are going to be a hit in the Florida real estatemarket.
The year-to-year comparison of data for those who sell and buy Florida homes have consistently increased this year. Aside from homes, sales on townhouses and condos are also growing, albeit a meager 3.2 percent during the first quarter. As the second half of 2013 is nearing its close, experts are anxious to look into the data of the state's real estate market to determine if the data will continue its rise. But already, investors and buyers are gaining more confidence in the market and are projecting full recovery within 2013.
Be sure to visit out our website for info on how YOU can be a part of the amazing real estate investment opportunities in Florida TODAY!
Hurry because they won't last long!!!!
#Real Estate News Orlando#Real estate news#real estate#real estate investors#house flipping#young investor#investment property#Florida Real Estate#Orlando#entrepreneur
0 notes