CommunityWalk Map - Downtown Orlando Condos Click the link in the green bar above to see the map in greater detail! We've been working on way for you to conceptualize the downtown Orlando condo & luxury loft scene in conjunction with our new downtown website, and we hope this new map helps. We're currently still testing the site and there are a couple more downtown Orlando condominiums to be added yet, so let us have any feedback you think might be useful!
The Orlando Business Journal reports that a new state law could make life easier for investors looking to make bulk condo buys. According to current law, buyers who own more than seven condos can find themselves jointly liable when lawsuits are filed against the developer or builder. Click on article to read full piece Understandably, this is offputting to investor syndicates looking to pick up hundreds of units at fractured Orlando condo conversion developments. Helping bulk buyers [...]
Say it ain't so... but after what seems like eons of having to tell our clients that there are virtually "no loans on condos," the situation may be about to change. As reported in the Orlando Sentinel mortgage backer Fannie Mae is finally making it easier for people to buy Florida condos that may not have met prior lending standards. Certain condo complexes have finally started to receive "special approval" designations, that will allow loans to be made - even when the properties don't [...]
The Vue at Lake Eola condo tower is scheduled to be sold via commercial auction on March 15 2010. According to the Orlando Business Journal, the 375-unit Vue condo downtown Orlando condominium at 150 E. Robinson St., had its involuntary Chapter 7 bankruptcy liquidation converted to a Chapter 11 reorganization and is seeking qualified bidders to acquire the 165 unsold units and 7,972 square feet of retail space in the building. The Vue on Lake Eola Condominium Orlando This is not an auction to[...]
Optimism abounded this week as everyone held their breath and waited for Friday’s jobs report numÂbers to come out. The universal hope was that we would see job growth in December of 2009, which would be the 1st growth we’ve experienced in 2 years. Did we? Could we? Hope and change? Nah. 85,000 more jobs fell off a cliff Wile E. Coyote-style. Unemployment held steady at 10%. The funny part was that November’s job numbers were [...]
Don't forget the Home buyer's tax credit has been extended until April 2010. A "tax credit" is a dollar for dollar reduction in your taxes which puts real money right back in your pocket - and if you qualify you could save up to $8,000! To qualify you must meet certain requirements and must close on your new home before April 30th 2010. What's new this year, is that repeat buyers can also take advantage of this new tax break. Last year the credit was only for first time buyers. [...]
If we've been able to help you - here's how you can share the love ! :) The Dr. Phillips-Metrowest Chamber of Commerce Invites You to Nominate Candidates For The Prestige Business Awards 2009 The purpose of this award is to recognize outstanding LOCAL BUSINESSES & Individuals providing Outstanding Service. Deadline: January 15, 2010 Rules for Voting and Nominations: One vote per individual. Winners will be selected by the community, other business owners & Chamber's board of [...]
 Just a quickie to thank you all for your support in 2009! Our condo blog is being read by would-be condo buyers from all over the world and our clients in 2009 came from as far away as Indonesia and Iceland. We hope you enjoyed working with us as much as we enjoyed working with you. So many of you have become friends and we wish you all the best for 2010!
Here we are again, winding down the year and prepping all of our grandiose plans of mice and men for the new year. 2009 is all but in the record books. My guess is that many of you would like to tell 2009 “good riddance and don’t let the door hit you on the way out.†Yup, 2009 was an ugly year for many. The magic question becomes “What is 2010 going to bring?†The short answer: I don’t know. No one does. Miss Cleo (the [...]