The Lake Buena Vista Resort Condo team was excited to learn that their EB-5 employment based immigration program had been extended until the end of October with very positive news of a three-year extension still being discussed in the Senate. The little-known EB-5 program is an incredible opportunity for foreign nationals to quickly acquire Green Cards for themselves, their spouse, and all their unmarried children under the age of 21. Two key requirements of the program are to invest in a [...]
The big Orlando condo auction of the summer is coming soon. Three condo communties, one central Orlando auction venue in Altamonte Springs. As always in this market, cash is king, however there will be in-house seller financing available to those who qualify - unheard of on a condo conversion and a fantastic opportunity for those who have been frustrated by the lack of condo mortgages. Contact Condo Metropolis for more info. In addition, some of these auction condominiums are FHA [...]
Here's the tease. (Turn those speakers up!) For more detailed info on this summer's Orlando condo auctions see the post above.
Just Out: 2 bed, 2 bath, 2nd floor condo in MetroWest with 9" ceilings - great community! Bank owned deal - will go to a cash buyer with a quick closing - multiple offer scenario is likely. HOA fees $283/month, include water, sewage, trash removal. Community has all the usual amenities including pool and clubhouse. Call us for a tour or to put down a deposit: 407-290-3408.
Miriada Condos, Orlando: Hardwood floors, stainless steel appliances, upgraded bathrooms, ceiling fans and convenient for the airport - this condo has FOUR bedrooms, 2 bathrooms, is a 1st floor and end unit, Seperate living/dining rooms, master bath has shower/tub combo, open parking, community pool and tennis courts. All for under $68,000?! You want low HOA fees? Try $287; you want low taxes? How about 2,000? This is a better deal than the best Miriada developer closeout deal [...]
Enders Place condos, Baldwin Park is scheduled to go to auction on April 21st 2009, if New York condo conversion firm Lexin Capital fails to pay the $46 million owed to HSH Nordbank AG. According to the OBJ, Lexin Capital Inc. took over the 220-unit property in Orlando suburb Baldwin Park in 2006 but due to a lack of sales, have been unable to keep pace with their debts. Lexin Capital also converted the Celebration community now known as Siena at Celebration in 2004.
Developers are a unusual and remarkable breed. Condo Metropolis sat down for coffee with one of downtown Orlando's most influential developers, Steve Kodsi of Historic Creations. Steve Kodsi "Steve, with The Sanctuary and Star Tower, Historic Creations has created two of downtown Orlando's most visible and iconic new buildings. Tell me a little about how these two projects came about." Well the time was just right for The Sanctuary. It was the real first mixed use Orlando condo project in over[...]
The Sanctuary condominium downtown Orlando has announced a new condo promotion. On the heels of our recent Sanctuary visit, they have decided to blow out their remaining few Developer units. Details follow. Contact us on 407-290-3408 for a tour! Unit 1507~ Spacious 2 Bed/ 2 Bath, with 1970 sf, one assigned parking space and a storage unit on the 15th floor. With GE Profile stainless appliances and granite countertops and much more. Spectacular views to the East of the sunrise's and the space [...]
Bella Piazza luxury condos in Davenport (SW Orlando) are doing some incredible blowout deals right now. For those of you waiting on a deal on a second home or holiday villa close to Disney, this is the place to jump on - now. The Bella Piazza developers are releasing a limited number of units at about $100K off their retail pricing. This is a real deal. I have two clients writing contracts already and I'd encourage anyone who's looking for designer finishes at bank owned prices to step [...]
I took a potential buyer to see a home at The Sanctuary condos, downtown Orlando yesterday, and was reminded of its unique quality and style. With only 175 units in total, it's one of Orlando's most exclusive condominiums. It has a brand new diner downstairs and is also home to the condo's developer, Steve Kodsi The condo was a private sale (there are still one or two available via the developer) and was certainly one of the nicer units there. The owner spared no expense customizing the entire[...]