Investment and Vacation Real Estate - Orlando, Florida

Terra Verde Resort

In the heart of Orlando's incomparable enchantment is a gated resort community that offers you something as extraordinary. Inside the clubhouse, you'll find a sauna, spa, sundry shop, arcade video games, fitness center and cyber cafe. Terra Verde is located five minutes Disney - with easy access to the theme parks, attractions and highways of Kissimmee, Florida. By purchasing at Terra Verde, you can spend vacations in the comfort of your own single family home or townhome villa. When you're not using your residence, you'll have the option of offering it and its accompanying resort amenities to other visitors who, like you, understand that the most comfortable way to visit, is to make yourself right at home.

Town Homes from $110K, Single Family Homes from $225K

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NEW YORK (Reuters) - The children of baby boomers will eventually resuscitate the pummeled U.S. housing market, Harvard University said on Monday, but in the meantime, limits on income and credit are sustaining the three-year bust.

The highest unemployment in almost 26 years, record foreclosures and rigid lending threaten to overcome emerging home sales progress despite unprecedented efforts by the Obama administration, Harvard's State of the Nation's Housing 2009 report said.

Echo boomers, the children of the post-World War Two baby boomer generation, offer a massive source of support for housing, the study said. The generation is entering the peak home buying and renting ages of 25 to 44 and numbers over five million people more than did their parents' record-sized group in the 1970s.

"Echo boomers are larger than the baby boomer population. Couple that with immigration and you have the seeds, the possibility of a housing recovery," Nicolas Retsinas, director of Harvard's Joint Center for Housing Studies, said in an interview.

The group will bolster demand for the next 10 years and beyond, supporting the sagging housing market even if immigration drops, the study said. complete story

Source: Reuters.com - Lynn Adler

Two Democratic lawmakers are calling on Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages on new condominiums, saying they could threaten the viability of some developments and slow the housing-market recovery.

In March, Fannie Mae said it would no longer guarantee mortgages on condos in buildings where fewer than 70% of the units have been sold, up from 51%. Fannie Mae also won't purchase mortgages in buildings where 15% of owners are delinquent on condo association dues or where one owner has more than 10% of units, which the firm sees as signals that a building could run into financial trouble. Freddie Mac will implement similar policies next month.

In a letter to the chief executives of Fannie and Freddie, Reps. Barney Frank, the Massachusetts Democrat who is chairman of the House Financial Services Committee, and Anthony Weiner (D., N.Y.) warned that the 70% sales threshold "may be too onerous" and could lead condo buyers to shun new developments. The legislators asked the companies to "make appropriate adjustments" to their underwriting standards for condos.

The political push illustrates the balancing act facing the two government-controlled mortgage-finance giants as they struggle to keep the housing market afloat without losing more money. complete story

Source: WSJ .com - Nick Timiraos

A study released today by the Joint Center for Housing Studies of Harvard University finds that the housing downturn -- the worst in generations -- continues to grind on.

The positive news is there has been some stabilization in home building and home sales in the spring. Also, long-term demographics for future demand are strong. But real home prices continued to fall, and foreclosures mount in most areas in the first quarter of 2009. With mortgage interest rates heading higher in June and the economy still contracting, a sustained recovery for housing still faces an uphill climb, according to the report.

“Although there are some signs of improvement or at least steadiness in new construction and sales,” said Nicolas Retsinas, director of the Joint Center, “housing starts stand near 60+ year lows, and any life in home sales is coming from distressed foreclosure sales, temporary first-time buyer tax credits, and low interest rates that moved higher in recent weeks.” complete story

Source: Home Channel News .com

Orlando Foreclosures at 6.7% in April

Foreclosure rates in the Orlando-Kissimmee market increased in April to 6.7 percent compared to nearly 3.9 percent posted during the same month last year, according to First American CoreLogic.

Foreclosure activity in the Orlando-Kissimmee area was nearly 5 percentage points higher than the national foreclosure rate of 1.8 percent in April, the report said.

The mortgage delinquency rate also increased last month, going from nearly 7.3 percent of mortgage loans being delinquent in April 2008 to nearly 12.5 percent in the same month this year.

Foreclosure filings — including default notices, auction notices and property sale or bank repossessions — between May 2008 to April 2009 totaled 63,256, or about 173.3 per day. That compares with 30,579 foreclosure filings, or about 83.8 per day, in the same period a year prior.

Foreclosure data from First American CoreLogic is based on the actual number of active mortgage loans, rather than the total number of households in a given area, providing more accurate results by removing paid-in-full mortgages from the equation.

Source: BizJournals.com

Stop Foreclosure & Save Your Credit SELL your Home - Short Sale

Windsor Palms Resort

This is a gated community with resort style amenities including a 7500 square foot clubhouse consisting of a large swimming pool, separate toddler pool and spa, a sundry shop, exercise facilities, a 58 seat movie theater, basketball and tennis courts, and a children's playground. Complimenting these amenities is the location which is approximately 3 miles from Orlando, Florida's greatest attractions and theme parks. The community consists of 283 single family pool homes and 480 condominiums. Offering a combination of amenities, location, and product which is unparalleled in this market, Windsor Palms is also zoned for short term rentals.

Condos from $100K, Town Homes from $170K, Single Family Homes from $295K

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Windsor Hills Resort

This gated community includes the resort style amenities unparalleled by any in the Disney vacation area. Features like a luxurious water park pool with fountains, waterslides and spa, separate toddler pool, tennis, basketball, volleyball courts and a children’s playground. Complimenting these amenities is the location which is approximately 3 miles from Orlando, Florida's greatest attractions and theme parks. This premium vacation resort community consists of single family pool homes, spacious luxury condos and town homes all zoned for short term rentals.

Condos from $150K, Town Homes from $180K, Single Family Homes from $365K

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Emerald Island Resort

Just as the name suggests, Emerald Island Resort is truly a tropical oasis. Nestled within a protected wetland, Park Square Homes has created a unique vacation destination. Emerald Island is located 3 miles from Walt Disney World and the myriad other resorts and activities that bring millions to Orlando every year. Residences include private homes with pools in addition to Emerald Island's popular townhome collection. After a day of exploring the sights and sounds of Central Florida, you can retreat through the gates of Emerald Island to the community clubhouse, where its pool and spa beckon. The club house others amenities such as fitness center, arcade games, tennis courts, and other such resort style areas.

Town Homes from $150K, Single Family Homes from $220K

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Vista Cay Resort

Vista Cay Resort: A Vacation Short Term Rental community offering 994 luxurious condominiums and townhomes in Orlando's master planned development, Universal Boulevard tourist district.  Tuscan themed Vista at Harbor Square and The Isles at Cay Commons.  With a location next to the nations second busiest convention center in the center of the Orlando tourist district, Vista Cay Resort appeals to both business and leasure travelers alike.  Buyers will enjoy a mix of special insider investor terms and generious incentive packages.  Ten various models, each with unique features are offered from the  $100's... 

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Mona Lisa at Celebration

Mona Lisa at Celebration©: the exclusive 240 unit luxury condominium hotel located in award-winning Celebration©, Florida. One and two bedroom fully furnished and professionally decorated suites are being offered from the mid $200's. Affluent living awaits, owners and hotel guests alike, including a vanishing edge pool, rooftop sunset observation deck, intimately enclosed courtyard and fine dining, all embraced by a lush, tropical setting. Mona Lisa at Celebration© is just minutes away from Downtown Celebration© and its Main Village, Orlando’s theme parks, world-class golf courses including Celebration Golf Club©, and the Celebration Health© fitness and medical center.  Offering Luxury Condo's 1 & 2 Bedrooms, 751 to 1,272 Sq. Ft. This is a outstanding  Condo Hotel investment opportunity, with limited availability, professionally managed fully and furnished Condo-Hotel. Prices start in the mid $200’s

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Lake Buena Vista Resort Village

Lake Buena Vista Resort Village is a wholly owned condominium property offering the facilities and amenities of a resort hotel. This luxury gated condo community will feature 1,875 condo units consisting of 15 buildings in total. Buildings 1 & 2 will be eight stories, the clubhouse building 4 will be six stories and the remaining buildings will be 15 stories in height. Offering Luxury Condo's 2, 3 & 4 Bedrooms, 1,080 to 1,560 sq. ft., complete furniture package included, zoned for condo-hotel. Owners have the option to utilize the resort's on-site management company, which focuses on achieving the optimal blend of occupancy and room rate for units in their rental program. As an owner, it is reassuring to know that you have round-the-clock representation in the form of professional management. Prices starting from the low $100's to for resales.

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Cane Island Resort Listings

Cane Island Resort - This luxury gated condo community will feature 260 condo units consisting of 9 buildings in total, all surrounding a man made lake and clubhouse full of amenities. Offering Luxury Condo's 2, 3 & 4 Bedrooms, 1,195 to 1,560 sq. ft., zoned for short term rental. This pre-construction opportunity is priced very attractively and expected to sell at a brisk pace. Prices from the mid $100's

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Floridays Resort Listings

Floridays Orlando Resort is an exciting new luxury vacation resort .   Floridays is a quiet oasis covering 20 acres, consisting of  792 units in 11 buildings, six-floor buildings equipped with elevators.  with all the luxurious ammenities and services one would expect.  Every building on the property features tropical landscaping unique to each courtyard.  Owners have a choice of either two or three bedroom fully furnished suites.  Ownership in this condo-hotel resort has a special advantage.  In additional to the rental revenue generated while not in use by the owners,  up to four weeks can be exchanged for vacation resorts all over the world.  Offering Orlando's best value, prices for the 2 bedroom units start in low $100's and 3 bedroom units in the $200's.

FREE Search -> Floridays Resort Listings <- Immediate Access

Reunion Special Value Alert

Reunion Luxury Condos

Here are the Top Three Orlando Condo Hotel Searches

• Floridays Resort
• Lake Buena Vista Resort Villages & Spa
• Ginn Reunion Grande

Here are the Top Three Orlando Vacation Condo Searches

Here are the Top Three Orlando Vacation Townhome Searches

Windsor Hills Resort
Windsor Palms Resort
Emerald Island Resort

Here are the Top Five Orlando Vacation Home Searches

• Windsor Hills Resort
• Windsor Palms Resort
• Emerald Island Resort
• Highland Reserve
• Ginn Reunion Resort

We have created the best search tool on the entire web – designed to make your Orlando Vacation Property search a breeze.

As you may already know, searching for vacation property in Orlando – Disney resort area using the traditional MLS will not work. That’s because you cannot distinguish which properties are zoned and approved by the various counties for SHORT TERM ZONING. The true only way to accomplish this is to search by approved SHORT TERM ZONING communities individually, we have done that hard work for you with our ORLANDO VACATION COMMUNITIES QUICK SEARCH TOOL. We have four main sections:

· Orlando Vacation Single Family Homes

· Orlando Vacation Townhomes

· Orlando Vacation Condos

· Orlando Condos Hotels

When it comes to success, it is often seen that those who have it share similar traits. These traits are usually shared by successful people in many different fields. The same is true of successful Orlando real estate investors.

 
If you want to become a rich real estate investor, consider these traits that most successful people possess:

1) The ability to see possibilities rather than simple realities. The best Orlando real estate investors can look at a rough piece of property, an abused home, or a vacant block of commercial buildings and see the potential within those places instead of the run-down, or empty parcels that actually exist. Being able to visualize the property as it could be, and conceptualize the project vital to success.

2) Successful individuals in all walks of live tend to have a relentless nature. They will not give up, do not admit defeat, and do not take kindly to losing.

3) Successful people have a thick skin. They can ignore the naysayers who try to talk them out of moving forward. A thick skin is as important when they are at the top as it is when they are starting out—maybe more so, because once you achieve success everyone is jealous.

4) Successful people know how to get the best and most accurate information. Many successful people attribute their success to knowing how to surround themselves with the best resources of all types.

5) Finally, they are married, and stay married. Of course, any successful person can tell you that the quickest way to lose half your stuff is to get divorced, but being married (happily) also provides support and confidence. That is just as true for Orlando real estate investors.

 
Whether you're a beginner or veteran real estate investor, if you would like more information on how to increase your success, we would be happy to share my insider's knowledge with you. Give me a call today at 407-876-5771.

Buying Orlando foreclosures can be an exciting task. And the thought of getting a great deal on a home can literally make you giddy. But before you get caught up in all the good things about buying a foreclosure, there are still many details to sort out before you get the keys to your dream home.

When buying a foreclosure, you should:

1. Get help - Purchasing a foreclosure requires a lot knowledge, skill and attention to detail. From real estate agents and home inspectors, to attorneys and investors, you'll need the help of professionals to see you through the process. You will have your hands full, so seek out help ahead of time.

2. Work fast - When it comes to getting Orlando foreclosures, sometimes, your favorite property may also be someone else's favorite. That's why, as soon as you find the home, do your research so you can submit a knowledgeable bid on the property early on.

3. Do your research - Research details about the property. Many surprises can pop up, so it's important to spend the extra time finding out everything you can about the property, including whether or not the home has any liens on it. Although this can be a bit of a roadblock, you may be able to negotiate.

4. Factor in risks - Lots of times, when buying foreclosures, the home is sold as is. It's up to you to decide if you're willing to renovate or update the home as needed. If so, just make sure you have enough money to cover any needed repairs or cosmetic work.

If you're interested in getting a foreclosed property at a great price, give us a call today at407-8776-5771.  We specialize in guiding people through the foreclosure process, and are happy to answer all your questions.

These days, homes are going into foreclosure like never before. Many factors have contributed to this trend, and as a result, banks have numerous Orlando foreclosures that need to be sold as quickly as possible. Explore a few reasons why buying foreclosures now could be a great opportunity.

1. Price – Since there's an over abundance of foreclosed homes that need to be sold, many are priced way below market value, which creates a good opportunity for real estate investors to buy.

2. Quick sales – Sellers want to get Orlando foreclosures off their hands as soon as possible and they tend to be extremely motivated sellers. Therefore, you could be the owner of a new home in record time. Also, most bank owned deals, which were taking anywhere from 3 to 18 months, can now often be closed in less than 45 days.

3. Easier to obtain loans - With the help of the stimulus plan, buyers of foreclosures are now finding it easier to get loans.

4. Less competition – Many times, foreclosures aren't advertised like regular homes. Also, because of the sheer amount of foreclosures, many bank owned homes go unnoticed by most people. This means you probably won't have to compete heavily with other buyers for foreclosed properties.

Although times are still tough for some, if you're a real estate investor, right now could be the ideal time to purchase Orlando foreclosures. It may be a while before deals like these come around again, so take advantage of the rock-bottom home prices now before they're gone.

Want to work with a real estate agent who can expertly guide you through the process of purchasing foreclosures? Give us a call today at 407-876-5771.