Archive for the 'Orlando Real Estate' Category

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

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.

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

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

Terra Verde Townhome $149,000

The price has just been reduced for this 3 bedroom 2 1/2 bath townhouse in the beautiful Terra Verde resort community in Kissimmee. This townhouse is being sold as a short sale and will require 3rd party approval. This town-home is fully furnished and features tile floors, an outdoor spa and upgraded appliances. tv149.jpg

Terra Verde Real Estate Details:

Property Style: 2 Story Townhouse

Square Footage: 1286

Built: 2004

Original Price from Builder in 2004: $191,300.00

Short Sale Price: $149,000.00

Listing Details: 4757 Vero Beach Place / Online Virtual Tour

Terra Verde Foreclosures and Short Sales: View Terra Verde Town home Foreclosures

For more information on this property and other available townhouses and single family homes in the Terra Verde please contact Jeffrey Funk at 407-438-4028

Related information: Terra Verde Real Estate 

Staging your home to sell

staging.jpgStaging your home is very important in today’s buyers real estate market when selling your home. Staging is a way of preparing your home for viewers so that they can see themselves living there. It’s all about showing your home’s personality and charm. This means getting rid of all personal clutter and memorabilia as this portrays you and your home and you want buyers to see it as their home. A clean, open space is generally the key to staging a home properly.

However, homes that seem very ordinary also won’t sell as well. This is why developers spend so much money on designers specifically to come and stage their model homes. Nice furnishings and accessories can help sell a home and it can be difficult for buyer’s to envision the space as their own if it is empty.

A home that is unkept also says something about the home and it’s current owners. Clutter and dirt send the message that the home has not been very well taken care of. This leads potential buyers to wonder what kind of shape the home is really in and wondering what is about to need repair. This can lead to the owners getting much lower than asking price or having the house not sell at all. For all of these reasons, a professional home stager may be what is needed to sell a home. However, there are a few simple things that can be done to ensure that your home is staged properly to sell.

A very thorough cleaning is a great first step and is a must when staging your home. Sometimes things can get overlooked such as dust on ceiling fans and windowsills. All of these things need to be given a very good cleaning. The house will look and feel differently with a proper cleaning.

The next step to proper staging is to keep every room to only one function. For instance, in the living room, you want to convey the message that this is a space for people to come in and relax. If there is a computer in the space, take it out as this conveys a different message. Also make sure that all the rooms are very bright. A dark room is very uninviting and can make the room seem dingy and unclean. One thing that must be taken out of any room are dried flowers. They can make the air stale and only collect dust.

One step that cannot be ignored when staging a kitchen is to clear all the countertops. A fresh flower arrangement can be nice but keep it limited to just that. Keep a drawer for things that can be easily stowed such as a coffeemaker, knives and other items. Place items in this drawer when the realtor is bringing people through to look at the house. Any out-dated appliances and light fixtures should also be replaced with newer ones.

The same concept applies to the bathroom as well. This is a place that should be very clean and hygienic and this look can only be achieved by clearing off all countertops as well as the medicine cabinet and any cabinets under the sink. Keep the room very tidy and don’t have towels or clothes lying around. Again, change any light fixtures that need updating.

Closets can do a lot to sell a home and you want to make yours appear as big as possible. For this reason, carefully sort through your closet and get rid of any clothes that you don’t wear anymore. Take any clothes that are out of season and put them away somewhere else to give the closet more space. Potential buyers are sure to open the closet doors and see what kind of space is inside so make sure that doors are easy to open and that there is lots of space inside for them to look at.

All clutter in every area of the home needs to be removed. This is a must for home staging. Make sure that any night tables in the bedroom are free of all clutter as well as desks in the office or den. Make sure that the garage can comfortably house as many cars as it’s supposed to and clean up basements to free them of any clutter. If need be, place miscellaneous items in storage bins and stow the bins away from the centre of the space. This will look much better than having piles of things everywhere.

There is some cost associated with getting a professional home stager and these costs vary greatly. However, by putting in the extra money at the beginning, it has been shown that the home will sell for more; usually about five to ten percent more than was originally expected on the home and the home will also sell a lot faster. Home stagers will usually do a walk-through of the home to determine what needs to be done and will come up with a price based on that. Depending on the stager being used, they may give the homeowners a list of things that need to be done or the stager will do it themselves.

Either way, a professional home stager can be a great investment when trying to sell a home. They provide valuable knowledge that will help you get the most for your home in the shortest time.

Florida Property Tax Reform

It’s voters’ turn: The Florida Legislature passed property tax reform and a proposed amendment will appear on the January ballot. The amendment offers moderate relief for homeowners and slight relief for commercial property, but it does not go as far as an earlier House proposal. To become law, the proposal must still receive 60 percent of the votes in the Jan. 29, 2008, election.

The vote went down to the wire. Had the House and Senate not agreed by today, it would have been too late to get it on the January ballot, postponing any kind of tax relief.

“We are pleased the Legislature understood that missing the deadline for a January vote of the people was not an option,” says the Florida Association of Realtors (FAR) President Nancy Riley.  “Tax reform is necessary to stimulate our economy. To put tax relief off to November 2008 would have been devastating to our state.”

Highlights of the passed legislation include:

• Double the homestead exemption, but only for homes valued at more than $75,000 and not for school taxes

• Allow owners of homestead property to transfer up to $500,000 in Save Our Homes benefits, including school taxes, to a new home

• Impose a 10 percent assessment cap on non-homestead property for the next 10 years. The cap does not apply to school taxes. After 10 years, voters will have the option to restore the 10 percent cap

• Allow businesses to exempt $25,000 in taxes paid on computers, office equipment and other personal property

With the deadline at hand, lawmakers had to quickly agree, and the final package represents a product that everyone could accept. The House, however, emphasized repeatedly that it would continue to work on property tax reform during the Legislature’s regular session next year, an opinion echoed by FAR.

While in favor of portability, FAR worries about including a portability provision without also adding some kind of relief for first-time homebuyers, a move promoted heavily but one that did not make it into the final version. Without any kind of first-time homebuyer protection, the U.S. constitution’s “right to travel” provision could be the basis of a court challenge.

© 2007 FLORIDA ASSOCIATION OF REALTORS®

Terra Verde Townhome for $155K

UPDATE: THIS PROPERTY IS NOW PENDING SALE. Thank you to all that have contacted me regarding this listing. 

Terra Verde Real EstateJust Listed. Here is a great buy for a townhouse in the Terra Verde Resort community. This townhouse is being listed at $155K Fully furnished. This is the lowest price town home currently available in the Terra Verde community. The home features 3 bedrooms 2 1/2 bath with an outdoor jacuzzi. The town home backs up to a conservation lot and is very close to the clubhouse. This property is being offered at $15,000 less than any other town home that has sold in Terra Verde this year. Terra Verde is a Resort community located in Orlando / Kissimmee, FL just minutes from the Walt Disney World Resort.

Listing Details: Ormond Beach Way

Related information: Terra Verde Real Estate

For more information or to view this listing please contact Jeff at 407-438-4028

Windermere, FL Pre Foreclosures

Winderemere, FL Short Sales and Pre Foreclosure, bank owned and short sales weekly update.

If you are looking for a distressed property in the Windermere, FL area please contact me at 407-438-4028. Below is a list of 22 distressed properties that are currently available for sale in the Windermere, FL area. Updated on 10/20/07.

View Windermere, FL distressed homes: Windermere distressed property List 

Related information: Windermere, FL Real Estate

Direct Deeding with 1031 Tax Exchanges

moneybag.jpgDirect deeding is an option available for those that are buying or selling property under the 1031 Tax Deferred Exchange. With direct deeding, the seller can direct deed the property to the buyer, rather than having to go through an intermediary, which was once the only way that it could be done with 1031 tax deferred exchanges.

Prior to an IRS ruling in 1990, a seller of property would deed the property to an intermediary and this intermediary in turn would deed the property to the buyer. This was called sequential deeding and was the only way that deeding could be done. It was no longer necessary to do it this way after 1990 and now, direct deeding is much more common than sequential deeding.

This could be because of the advantages that are attached with direct deeding. Direct deeding greatly reduces the risk to intermediaries that actually hold title for a short period of time. This reduces their liability should concerns come up with the property that they would then need to have taken care of, which could cost them time and money. Direct deeding also makes sure that there is no payment of duplicate tax transfers, which are usually charged every time a deed is recorded.

While sequential deeding was there to protect, there are many ways that one can ensure that they will be protected with direct deeding as well. When a seller is using a qualified intermediary, the intermediary should have an agreement with the buyer concerning the property that is about to be sold. If a person is buying property, they should make sure that the intermediary has the same type of agreement with the seller that will allow for the property to be transferred to them.

Using a professional intermediary does have many advantages. Because they are usually affiliated with a title or escrow company, they can take care of all the services concerning closing, title insurance, escrow services and the preparation of many documents that will help make the transfer easier. By using an intermediary, one can also reduce the risk of liability for the structure of the exchange and also any tax consequences. This protects the individual from more liability and also provides documentation in the way of agreements, should disputes arise. If one decides that using an intermediary is for them, all parties that have a part of the agreement need to be informed in writing of this decision.

There are tax regulations associated with a tax deferred exchange and for this reason, one must make sure that they are familiar with these regulations to make sure that the transaction qualifies. The regulations will explain how to identify the replacement property as well as the number of properties that can be identified, how the exchange should be structured, how a deed can be direct deeded to the buyer, how one can receive cash that they may choose to not invest in the replacement property, how interest can be earned on the exchange transaction, and how to deal with closing and other costs associated with the transaction.

Forbes 10 Best Cities to Buy Real Estate

The real estate business may be facing a softening in sales, but there are parts of the country where it makes sense to buy now. Forbes magazine examined current home sales patterns and sales projects in the country’s 40 largest real estate markets to identify these attractive markets.

Based on models that estimated 2008 housing inventory, sales rates, and turnover, the magazine compiled a list of markets that are experiencing price declines, but where buying looks attractive because there is likely to be an increase in sales in the near future.

Here are Forbes’ and Moody’s 10 most attractive markets, along with the median homes sales price and their price change from 2006.

  1. Fort Worth, Texas: $156,500, 1.7 percent
  2. Kansas City, Mo.: $157,700, -0.7 percent
  3. Houston: $154,900, 1.4 percent
  4. Cleveland: $128,700, -7.1 percent
  5. Denver: $255,200, none
  6. Long Island, N.Y.: $482,300, 1.7 percent
  7. Washington, D.C.: $445,300, 0.3 percent
  8. Orlando, Fla.: $265,100, -2.4 percent
  9. Phoenix: $264,800, -2.7 percent
  10. Las Vegas: $307,900, -3.6 percent