Cane Island Disney Vacation Condominiums - Price Reduction

kitchen.jpgCane Island is a 260 condominium project with 205 available units and fully approved for short term rentals. It is gated with a beautifully decorated 3,700 sq ft. clubhouse, state of the art fitness center, sauna, game room, full service kitchen and social room.  The amenity center also hosts a covered spa, large pool & sun deck…all of which overlook a pond with lighted fountain.  Units include a complete appliance package (full size washer and dryer, refrigerator, microwave, range & dishwasher).  There are numerous upgrades including granite countertops in both the kitchen and baths and raised panel cabinets.  All of the units come FULLY FURNISHED!

The builder has recently lowered their pricing on condominiums in buildings 1, 2 & 3.   

ARUBA  1195 sq. ft.  - 2BR/2BA - $179,990

BARBADOS  1404 sq. ft. - 3BR/2BA - $199,990

CAYMAN 1560 sq. ft. - 4BR/2BA - $229,990

The builder will also contribute $2,500 in closing costs. As your buyers agent I will match the builders closing cost contribution making the total additional savings $5,000.

If you would like additional information on Cane Island Kissimmee please contact Jeff at 407-438-4028

Windsor Hills Reserve Inventory Home Available

windsor-hills-inventory.jpgThe builder at Windsor Hills Reserve has just relisted an inventory home. The home is a beautiful south-facing 5 bedroom/5 bathroom Seville model located on lot #18! Has Granite, Stainless Steel Appliances, 18’’ tile throughout, Pool, Spa, and Extended Deck! Retail Price: $502,150. They are currently offering the home at $437,150 with 2 years HOA Paid ($4,200 per year) and closing cost contribution of $10,000. I will also contribute $15,000 towards furnishing the home if purchased through me.

We haven’t had many inventory homes become available lately in the Windsor Hills Reserve community and they typically do not last long. The home is available to close in 30 days.

Please contact me for additional information at 407-438-4028

Vista Cay Sales - Manager Special

I just received a managers special on a select number of units at Vista Cay and The Isles at Cay Commons.

“Managers Specials” 

Take $60,000.00 off the price!
$6,000.00 towards Closing Cost!
HOA through 2008!

Vista Cay
107/11 Monte Verde $433,470
105/11 Monte Azul $387,920
301/7 Monte Villa $416,990

The Isles
103/3 Sonoma ADA $361,560
104/3 Santa Cruz $329,720
305/2 Santa Rosa $361,190

 In addition to these great specials as your buyers agent I am able to offer an additional $10,000 cash back after closing.

For more information on the Vista Cay community please contact Jeff at 407-438-4028

Windsor Hills Reserve

I currently have 4 inventory homes available at the Windsor Hills Reserve Resort Community.  Here is a great opportunity to buy a great piece of Orlando Vacation Real Estate at a substantial discount. Remember inventory homes in this community do not last long! Call Jeff at 407-438-4028 for additional incentives and details.

Lot 6:
Spencer 5 bed/ 5 bath 2,382 sq. ft.
All upgrades (granite, 18”tile on 1st floor, stainless steel appliances, 42” cabinets, pool, spa, and extended deck)
Southwest facing pool, backing up to an open park area
Full Purchase Price: $509,580
Incentives: $50,000 discount +1 year HOA, and $12,000 off closing costs (2% of purchase price contribution for investors)
Closing: April/May

Lot 112:
Brentwood 6 bed/ 4 bath 2,812 sq. ft
All upgrades (granite, 18”tile on 1st floor, stainless steel appliances, 42” cabinets, pool, spa, and extended deck)
Corner lot, east facing pool, view from front displays beautiful sunsets, 45′ drop-off
Full Purchase Price: $525,810
Incentives: $50,000 discount +1 year HOA, and $12,000 off closing costs (2% of purchase price contribution for investors)
30 DAY CLOSING

Lot 139:
Brentwood 6 bed/ 4 bath 2,812 sq. ft
All upgrades (granite, 18”tile on 1st floor, stainless steel appliances, 42” cabinets, pool, spa, and extended deck)
Oversized lot, east facing, and backing up to an open park area
Full Purchase Price: $525,460
Incentives: $30,000 discount +1 year HOA, and $12,000 off closing costs (2% of purchase price contribution for investors)
Closing: May/June ‘08

Lot 135:
Spencer 5 bed/ 5 bath 2,382 sq. ft.
All upgrades (granite, 18”tile on 1st floor, stainless steel appliances, 42” cabinets, pool, spa, and extended deck)
Oversized lot, northeast facing pool, view from front displays beautiful sunsets, 45′ drop-off
Full Purchase Price: $502,020
Incentives: $30,000 discount +1 year HOA, and $12,000 off closing costs (2% of purchase price contribution for investors)
Closing: May/June ‘08

Windsor Hills Reserve Virtual Tours:

Seville Model

Brentwood Model

Orlando Real Estate Market November 2007

The month of November saw a decline in the number of home sales in Orlando, although the average home price remained consistent from October to November, with the average home being priced at $235,000. Last year during the same time, the average home was priced at $250,000.

According to the Orlando Regional Realtor Association, home sales for November were nearly half of what they were one year ago. The number of home sales last year was 1,840, compared to 963 this year. In fact, home sales for the entire year are down. Year-to-date sales this year are 15,602 with 25,614 being the total number for the year before. The sale of condominiums also saw a decline. Last year the number of condos sold was 323. This November saw that number drop significantly to 104.

These numbers are no surprise considered that the affordability index has been boosted nearly nine percent. This translates into the fact that an individual making the average income is still 6.1 percent short of buying a home that’s priced in the average range.

With the numbers what they are, it’s clear Orlando is continuing its downturn in the housing market. Orange County has had a drop that is close to 51 percent. Seminole and Osceola County have gone down almost 47 percent and Lake County has dropped close to 40 percent.

These numbers clearly reflect that we are still experiencing a buyers market. While this is great news for home buyers, sellers need to understand these market conditions and act accordingly.

Average Mortgage Rate

Inventory

New Listings


Average vs Median Vs Sales


 

VISTA CAY SALE! Over $60,000 off

vistacayresort.jpgAre you looking for a beautiful Orlando vacation condominium at the Vista Cay Resort? Now is the time to buy as the builder is closing out their final 4 units before releasing the last building in the community. The builder would like these units to close by the 28th of December and are offering some unprecedented incentives to make sure this happens. Vista Cay is a premier vacation resort community located adjacent to the Orlando Convention Center. This community provides condominium owners with a unique opportunity to be able to offer vacation to both tourists and convention attendees.

VISTA CAY CLOSEOUT INCENTIVES 

  • $30,000 buyers incentive
  • Close by December 28th using me as your buyers agent I will add an additional $10,000 towards the purchase price and an additional $10,000 cash back after closing. That’s $20,000 back just for using me as your buyers agent.
  • Finance your purchase using the Pulte Rewards Program and receive an additional $6,000 towards Closing Costs and HOA Fees Paid for through December 08 ($4934.20 Value).

YOU CAN APPLY THESE DISCOUNTS TO THE FOLLOWING AVAILABLE UNITS:

Home-site: 105/11 Model: Monte Azul / 2 Bedroom 2 Bath / 1,823 SQ FT / Price $395,000

Home-site: 106/12 Model: Monte Azul / 2 Bedroom 2 Bath / 1,823 SQ FT / Price $443,200

Home-site: 107/11 Model: Monte Verde / 3 Bedroom 2 Bath / 2,097 SQ FT / Price $435,750

Home-site: 301/11 Model: Monte Villa / 3 Bedroom 2 Bath / 2,001 SQ FT / Price $418,270

Community Information: Vista Cay Real Estate 

For more information please call Jeff at 407-438-4028 or use my contact form.

Deal of the Week - Terra Verde

mederia1.jpgThis 4 Bedroom 3 Bath Pool home located in the resort community  of Terra Verde has just been reduced by $45,000 making it the lowest priced home in the community. The home is fully furnished and located within walking distance to the club house. The Terra Verde Resort community is located approximately 5 - 10 minutes from the Walt Disney World Resort. The man gated community features a heated pool, spa, day spa, excersize room, tiki bar, basket ball court and children’s playground. 

View: listing information and additional photos

For more information on this home please call Jeff at 407-438-4028.

Lets Make A Deal - Orlando Vacation Homes Sales

Are you looking to purchase a Orlando vacation / investment property in the Disney area? Are you interested in a new home or town home? Can you close in the month of December? If so please contact me as many of Orlando’s top vacation rental communities are willing to make a great deal on inventory homes to buyers that can close before year end. As your buyers agent I will make sure that you receive the best possible deal on your new Disney vacation home. Plus, in addition  I am offering up to $15,000 cash back after closing just for using me as your buyers agent.

Vista Cay at Harbour Square- Monterey Collection - $30,000 off + $6,000 Closing cost contribution and HOA Fees Paid through December 08 (must use Pulte Reward Program).

The Isles at Cay Commons- Ventura Collection - $20,000 off  - + $6,000 Closing cost contribution and HOA Fees Paid through December 08 (must use Pulte Reward Program).

BellaVida - Specials on Inventory Homes and Townhomes - Call for Details

Windsor Hills Reserve - Specials on Inventory Homes - Call for Details

Paradise Palms - Specials on current Inventory Homes - Call for Details

Villas at Reunion - Specials on Inventory homes - Call for Details

Lighthouse Key Resort and Spa - Up to 4% Cash Back after Closing - Call for Details

Paradise Palms Real Estate Special

paradise-palm.jpgHere is a great deal on a model unit at the Paradise Palm resort community. The builder is offering a 1 year guaranteed leaseback with month-to-month options for up to 3 years on their 5 bedroom/4 bath, 1967 square foot model at the brand new vacation home community Paradise Palms.  In order to receive this lease back incentive the home must close in the month of December.

Price is $346,990. As an additional incentive I will credit the buyer an additional $15,000 of the purchase price after closing. 

Lennar will pay to buyer $1686.64 rent er month plus pay all HOA fees, electricity and pool maintenance.

Model does include pool and all furnishings at end of leaseback term.

****subject to change without notice ***

To view our virtual tour of the model, please go to www.vr360.net/lennar/royale . For additional information, please call Jeff at 407-438-4028.

Windsor Hills Reserve Real Estate Special

I currently have a inventory home at Windsor Hills Reserve that the builder is offering at a substantial discount. This 5 Bedroom 5 Bath Spencer Model vacation home is being offered at $445,320 including all options and home site premium. This is a savings of approximately $55,000 off of the normal price if you were to build the home today. In addition to the $55,0000 off  of this home I  am also offering an additional incentive of $15,000 back on this home after closing just for using me as your buyers agent.

 The home is available in  the Pulte Rewards program giving the buyer additional money towards closing costs. spencer_el_0.jpg

 Windsor Hills Reserve Real Estate Special:

Model: Spencer - 5 Bedroom, 5 Bath - 2 Car Garage - 2382 Square Feet - Lot 62

Tile Roof - Heated Pool and Spa - 42 inch Cabinets and Granite Counter tops!

View Spencer Floorplan and Features

For more information on this home and other available homes at the Windsor Hills Reserve please contact me (Jeff) at 407-438-4028

Deal of the Week - Solana Resort

s4626842_101_12.jpgHere is a beautiful fully furnished to a high standard, Corner Lot, 5 bedroom 4 bath home in the Solana Resort in Davenport that just been reduced to $335,000. This home was purchased in 2005 new for $402,400 UNFURNISHED. This is a great opportunity to buy a prime piece of vacation home real estate near Disney World at a substantial discount. This home is not a pre foreclosure or short sale just a great deal.

The Solana Resort home features: Surround Sound Theater, speakers at the pool,tile flooring, custom paint,  wireless Internet network, over-sized deck, raised spa with lion-head spout features and French Doors.     

s4626842_201_13.jpgSolana Resort Community is a security guarded gated community designed for short-term rental / resort enjoyment!  Amenities include an awesome community pool & spa, sundry shop, cybercafe, playground, soccer field, fitness and more!!!    

View the Listing: Solana Deal of the Week

Related Information Solana Real Estate

If you are interested in this vacation home or would like information on other investment properties in the Disney Area please contact me at 407-438-4028.

BellaVida Resort Sale

clubhouse.jpgAre you looking for a deal on a brand new home vacation home? The BellaVida Resort community currently has 2 inventory homes at a substantial discount. BellaVida is a new vacation home community located just minutes from the Walt Disney World Resort in Kissimmee. This guard gated community features both single family homes and townhomes with a beautiful clubhouse, fitness room, large swimming pool and patio area, outdoor spa, basketball courts, cyber cafe, arcade room tot lot, sundry shop and sand volleyball court.  

Home #1 Model: Juno Beach Home-site 217 Premium Conservation lot

  • 4 bedrooms / 4 bath 1677 Square Feet
  • 42″ Maple Cabinets
  • Black Appliances
  • Window Blinds
  • 15 x 30 heated pool with extended deck and spa

Original Price Price: $390,340 / Now Asking $345,340

Additional BellaVida Real Estate incentive when you use me as your buyers agent. I will credit you 8%  ($27,677) towards the purchase price of the home bringing the price of this home to:  $317,668.

Home #2 Model: Juno Beach site 230Premium Conservation lot

  • juno-beach.jpg4 bedrooms / 4 bath 1677 Square Feet
  • Maple Cabinets
  • Black Appliances
  • Window Blinds
  • 15 x 30 heated pool with extended deck and spa

Original Price Price: $384,160 / Now Asking $345,160

As an additional incentive when you use me as your buyers agent I will contribute an additional 8%  ($27,612) towards the purchase price of the home bringing the price of this home to:  $317,548.

For more information please contact Jeff at 407-438-4028

Related Information: BellaVida Real Estate

Reunion Townhome REDUCED

reunioncar.jpgHere is a beautiful golf-front townhome in Carriage Pointe neighborhood of Reunion has just been drastically reduced to $299,000, priced below 2005 purchase price. The most recent closed sale in this neighborhood is $455,000 facing the conservation and the last condo to go under contract was a similar, golf-front unit at $465,000. The owner of this condo wants to make a deal today!

Located in exclusive Reunion Resort & Club, this unfurnished condo comes with a full golf membership and access to all of Reunion’s amenities. Take a look at the video below to see the stunning view of Watson Signature Golf Hole #17 as well as the numerous upgrades throughout. Soon, you will not be able to purchase a property in Reunion for under $400,000.

Even in a slower market, Reunion continues to sell property because of the amazing lifestyle they offer our members and guests. Last month Ginn Reunion had 41 sales for $27 million.

Features and Upgrades:

  • Upgraded 42” cabinets
  • Granite in kitchen- crème
  • Upgraded 18” tiles
  • Kitchen tile backsplash
  • Stainless steel appliances
  • Rounded drywall corners
  • Elevated Vanities in bathroom
  • Upgraded carpet
  • View of the 17th hole of Watson Signature Golf Course
  • 3-bedrooms / 2.5 bath / 1486 SQFT
  • Balcony and lanai

 View the video Presentation

This unit will not last long and is expected to sell very fast. If you are interested in learning more about this incredible opportunity, please call me immediately at 407-438-4028.

Related Information: Reunion Real Estate

Orlando Foreclosure Real Estate

Looking for a distressed piece of Orlando Real Estate?  You have come to the right place. Below you will find my list of current foreclosures, short sales, pre foreclosures, foreclosures and bank owned properties in the Central Florida Area. Whether you are searching for an Orlando Investment Property or your new dream home you will find all of the Orlando Real Estate pre foreclosures currently listed on the MLS.  All listings are current as of 11/8/07.

Orlando, FL Distressed Homes: New This Week / Complete List

Windermere, FL Distressed Homes: New This Week / Complete List

Kissimmee, FL Distressed Homes: New This Week / Complete List

Davenport, FL  Distressed Homes: New This Week / Complete List

If you would like any additional information on any of these homes please contact Jeffrey Funk at 407-438-4028

Check back for weekly updates of all the Orlando foreclosure listings.

Related information: Orlando Real Estate 

Orlando Long Distance Home Building

mickeyphone.jpgBuilding a home is difficult when the home is in the same city or town and you can be close by in case circumstances arise that need the homeowner’s immediate attention. So when it is this difficult when the owner is nearby, it only makes sense that it’s even more difficult when trying to build a home that is located in another town, city, or state. There are things that can be done to help with this difficulty and one of the first things is to find a good architect.

The first thing a homeowner should do is to look at the website of the American Institute of Architects. From here they can search for an architect by the zip code of the new home’s address.

If a builder has already been hired, it’s helpful to ask for referrals. Referrals can also be found through friends and local recommendations. Once the homeowner has a list of names, they should ask to see the architect’s portfolio and to see existing homes that the architect has designed. When visiting existing homes, try to speak to the owners to see if they had any problems with the architect. Homeowners should also ask the architect if they have existing relationships with builders. The owner needs to be very comfortable with the architect they choose and know that the architect will help take their dreams and put them onto paper.

The architect should be local to the area where the new home will be built. These architects will understand the environment, as well as local rules and regulations that may be part of building a new home. An architect needs to know how to build in areas that may have steep hills as well as be familiar with that area’s building codes.

Making sure that the architect’s personal style is in line with the homeowners is very important when building a home. For this reason, it’s important to interview several architects and make sure that the two visions are in sync with each other.

Homeowners also need to make sure that the work of the architect is guaranteed. When one receives the set of plans for their home, it is important to understand everything that those plans entail and to make sure that the plans will be able to be followed through. An architect needs to be able to revise plans in case something comes up that poses a problem with the plans.

Architects are aware that no plan will be perfect after the first drawing. They know that the plans will need to be revised two or three times. However, homeowners need to realize that they cannot expect the architect to revise the plans time and time again, with no limit as to the number of revisions that are made. Homeowners also need to stay open-minded. Architects are generally willing to put into place whatever the homeowner wants but will let the homeowner know when something is not possible. They are not doing this to impede the planning process, only to let the owner know what will work and what will not.

It’s also important to know exactly how much the fees are for the designer and what they entail. A lot of architects base their fee upon the square footage of the house and will determine a set price before anything is started. Making small changes to an initial set of drawings is a simple process and usually won’t have a large fee attached. However, revising entire drawings can be very expensive. Getting a builder involved to help with knowing how much costs will be could be very helpful. Some architects are paid depending on how much the construction amounts are and will take a percentage of those.

To avoid any misconceptions along the way, it’s often a good idea to hire an architect that is hired by a certain builder. This can prevent many problems down the road. Often times, architects will create a plan, get paid by the homeowner, and then their work will be done. Later, when the home is actually about to be built, the builder will let the owner know that the plans are not feasible and cannot be carried out. Or the plans may not be able to be carried out according to budget and the builder and the homeowner will need to make changes to the plans themselves. Working with an architect that already works with the builder can prevent this problem from ever arising.

Building long distance can be made very simple with the technology that is available today. Homeowners can be emailed or overnight couriered any plans that have been drawn up. Digital cameras and the Internet also make communicating very easy and is sometimes easier than speaking on the phone as the architect and owner both can look at the plans and discuss them together. Initially however, it’s wise to have a meeting between the homeowner and the architect to discuss each other’s visions and get a clear picture of what should be done. Another face to face meeting should also be arranged during the planning phase so that plans can be looked at and questions can be asked in person.

Building remotely doesn’t have to be the challenge that it seems. Homeowners only need to team up with a professional architect and a professional builder that will help them think and plan ahead.