Saturday, June 14, 2008 Registration: 11:00 a.m. - 1:00 p.m. Auction: 1:00 p.m. Example property below... Example: 4205 Kasper Drive, Orlando, FL 32806 Each property will be conveyed with clear tile and title insurance provided by Commonwealth Land Title Insurance Company (known as Land America). Absolute Showcase by Top Interior Designers! Breathtaking details throughout. Tastefully design editions in 2002 with tumbled travertine tile, hand scrapped wood flooring and some hand painted[...]
One of the Tradewinds condos auctioned last month has failed to close due to financing issues and is now available for anyone who can take it down quickly with cash. The 2/2 units are now back up to $130k but this one can be obtained at original auction pricing of $93, 500 for a serious cash buyer who can close quickly. Call 407-290-3408 ASAP - if you'd like a tenant in place for cashflow - this can be arranged. $10k down required at contract.
We’ve been asked to enter the FHA Mortgage Center’s Best Real Estate Blogs Contest... Their goal is to highlight some of the great blogs in the real estate industry. Of course, the “best blog†means something different to everyone but we hope you’ll vote for us! There are 3 different categories and the winners will be announced on June 1st. Thanks for reading - and thanks for your support! Just click on the icon below or in the top right hand [...]
One of the most serious misconceptions for potential home buyers right now is the idea that they'll qualify for a mortgage "no problem". If you're an all-cash buyer, you can ignore everything that follows, but if you're an investor looking to leverage, listen up - because the days of telling your Realtor "Don't worry about it, it's not a problem" are over. Right now, lenders are changing their guidelines on a weekly basis, and if you haven't pre-qualified, then you're unlikely to be considered [...]
This week's OBJ reports that the owners of Orlando's Palazzo del Lago may be selling their 41 acres of condo hotel entitled land, suggesting that this may be the latest I-Drive project to go belly up. International Plaza dropped it's sales efforts last year and others are not looking so good - with loans becoming increasingly hard to find on the condo hotel product. As usual, the developers are denying there is any problem - all of which solidifies the best piece of advice I've been able to [...]
You probably know this by now, but this year is Viagra's 10 year anniversary - so be on the lookout for some interesting marketing ploys. I hear they are throwing a party - which I'd love to attend, except I don't do those open air bath tubs - and I like a party to last more than four hours. But despite appearances to the contrary, Pfizer has not claimed responsibility for this proposed tower of Babel wannabe. This concrete Stairway to Allah comes to you courtesy of 51-year-old Prince al-Walid[...]
It's best to start with the big-time trends, so here it is: there was surprising stability in the markets this past week. Sure, companies are still experiencing colossal write-downs and credit is still notably tight. However, both the stock and bond markets have been comparably quiet, barring one substantial drop on the Dow mid-last week. This is not to say that the markets are "calm", just "calmer". The alarmist view seems to be giving way to a begrudging acceptance of modern circumstance [...]
So I speak with buyers on a daily basis, and the vast majority wants to know how the so called "Credit Crunch" will affect them when it comes to buying a home. Have underwriting guidelines gotten tougher, is there really any money available for buyers with less than perfect credit, or heck what if I have no credit established? Alas, here is some information that you may find helpful. Most major lenders pull a tri merge credit report for a borrower. A representative credit score is a [...]
If you've paid any attention to the Florida real estate market over the last few years you will have witnessed a tremendous roller coaster ride. Unfortunately, the ride is not an enjoyable one for many who bought real estate and got caught with property where prices have dropped below what they paid. It is not unheard of for real estate prices to drop. While infrequent, real estate prices have dropped in the past and will do so again. I don't think too many people saw the magnitude of the price[...]
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