Bermuda Dunes Condos in MetroWest Orlando are still selling via two principle means: The new owners of the last 72 units are currently marketing their condos, mainly to the Canadian market in Toronto, meanwhile there are a number of short sales and foreclosures also available. A number of folk have asked me which purchase is best. The chief advantage with the units held by the bulk Bermuda Dunes owners is that they are already rented and they are being maintained. They are also available for [...]
Understanding the scope of homeowner association insurance responsibilities is vital to protecting the interests of the owners. Do you understand what the HOA's duties are when a fire, windstorm or burst pipe damages the common elements or unit interiors? The HOA's insurance duties are addressed in the governing documents (sometimes called CC&Rs - Covenants, Conditions & Restrictions). The insurance company's duties are based on the wording of the policy. The two documents often [...]
Remember when we had a liquidity crisis? When all the banks started freaking out about the mounting losses from crappy loans they slapped together without reading the paperwork? And then once the taxpayers bailed them out we suddenly had a foreclosure crisis because now they could afford to pay the people to take away our homes? Remember that? Well ladies and gentlemen, let me be the first to introduce you to our latest addition to the American family of crises, the botched [...]
There is an increasing amount of interest domestically and worldwide from investors who would like to buy Orlando real estate for pennies on the dollar. It’s equally clear that most don’t have the first clue how the banks operate, although many like to act as if they know what they’re talking about, particularly when it comes how they intent to finance the deal. Here are a few tips to get you on the right track. Rule 1: Don’t waste your time [...]
The rule of caveat emptor is sage advice. Now is a terrific time to buy a home, whether a condominium, single-family home or other type of housing. Homes prices have fallen, interest rates are low and there are plenty of homes on the market to choose from. I encourage you to take advantage of this opportunity if you can. However, please know what you are buying - save yourself from heartache and future troubles. HOA Examiner recently ran a string of [...]
Question: Is it permitted for a property manager or board member to go door to door to try to collect past due assessments? Answer: Sure, but why do it? The HOA has extraordinary collection powers. Ask nicely. If no response, then swing the collection hammer using a qualified attorney. Question: Our board enacted a security policy that requires guests to show identification to entry gate guards. Do they have the authority to deny my invited guest onto the property? The board never provided [...]
Where have I been this past month? Why have I denied you your bi-weekly ration of off-color humor interwoven with current events? What possible excuse can I have for such a blatant shirking of my responsibilities?  Vacation. And it was AWESOME. I’m totally tanner than you right now.  So, I clearly have some ‘catch-up’ to do. And by golly, there was so much fun stuff going on in the world that I couldn’t bring myself to cut out[...]
 MetroWest Orlando gets a new real estate website this month. Intended to home in on all aspects of the MetroWest real estate neighborhood, the new Orlando site features separate sections for single family homes and condos. “The portal’s main focus is single family homes in MetroWest,†says Burke, the site’s developer. “But with Metro West being ground zero for Orlando’s condo crash, it was hard to ignore condos altogether, so we [...]
The Top Ten Real Estate Deals website selected our featured Orlando condo bank liquidation as one of their Top 10 picks for the best home and condo deals in the United States this week. Each week the site's developers compile and showcase a media list of the Top 10 best and most interesting real estate deals available on the web. The Top 10 spotlight is sent every week to over 40,000 print, online and broadcast media and thousands more real estate agents and subscribers across the [...]
55 West, Paramount & Aspire Condos, Downtown Orlando  $200 CASH REBATE! Get $200 in CASH just for using our downtown Orlando condo rental service! (That’s on top of any other monthly “specials†you may get.) This month's special? Write your contract AT 55 West condos on a certain day this month - and get a free iPad! (Email us to find out which day.) Also, write a lease the day you look and receive $500.00 off the first month's rent! What do you have to do for [...]