Hojin's SW Orlando Real Estate Scoop

Real Estate News for Dr. Phillips, Windermere, Gotha, Celebration, Winter Garden, Ocoee, Clermont, Metrowest

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Entries Tagged as 'Real Estate Tips'

What The Heck is a Short Sale?

September 8th, 2009 · No Comments

One misconception I’ve been running into with the public is what the heck a “short sale” really is. They’re a part of the real estate landscape these days and there’s plenty of them for sale in SW Orlando. When a listing mentions a short sale, it means the seller owes more than the asking price. [...]

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Tags: Real Estate Tips

The Price of Rent Just Went Up

August 26th, 2009 · 1 Comment

I noticed this post on the Bloodhound Blog yesterday, HR 2801: Will Home Ownership Move the Economy? about the new bill in congress to extend the home buyer tax credit. It’s up for vote in the House and will also require approval from the Senate but it’s a fantastic bill. It removes the income limitation [...]

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Tags: Real Estate Tips

More on the First Time Home Buyer Tax Credit

June 24th, 2009 · No Comments

Tax economist for the National Association of Home Builders, Robert Deitz, explains the ins and out of the first time home buyer credit for 2009. The biggest revelation of this interview is that the 2009 tax credit does not have to be repaid as it was in 2008. The 2009 tax credit is also refundable [...]

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Tags: Real Estate Tips

First Time Home Buyer Tax Credit Expiring Soon

June 24th, 2009 · No Comments

If you’re a first time home buyer and you’re a procrastinator like me, then you’ve been putting off buying a first time this year when interests rates have been the lowest in history, home prices are half of what they were a few years ago, and the government’s teasing you with an $8,000 tax credit. [...]

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Tags: Real Estate Tips

Web Appeal is Today’s Curb Appeal

June 22nd, 2009 · No Comments

These days, home buyers are spending more time on the internet to search for properties making web appeal as important if not more important than curb appeal. A post on the Zillow blog, Web Appeal-It’s the New Curb Appeal, got me thinking about how important web appeal is becoming. The majority of home shopping begins [...]

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Tags: Real Estate Technology · Real Estate Tips

Special Warranty Deed vs General Warranty Deed

June 19th, 2009 · No Comments

I’ve been selling a lot of foreclosures lately and noticed that most of the banks are conveying the property with a special warranty deed like builders often do. It’s odd because most people convey title to their property with a general warranty deed. They’re both warranty deeds, so what the hecks the difference? It sounds [...]

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Tags: Real Estate Tips

Short Sales Explained from the Lender Perspective

June 11th, 2009 · 1 Comment

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Tags: Real Estate Tips

Surprise, Chinese Drywall Stinks

April 17th, 2009 · 3 Comments

I got an email about Chinese drywall from my boss today and at first, I deleted it thinking the Chinese are making everything these days. It seems like everything I own from the cheap tools I got at Wal Mart to my Nike shoes seems to be coming out of this place. So when I [...]

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Tags: Luxury Homes · Mortgages · New Construction · Real Estate Oddities · Real Estate Tips · SW Orlando Bulletin

Call Before You Dig

March 24th, 2009 · No Comments

I had to locate some underground utilities at my home this past week and a little banging around on the internet showed there’s a free service to locate them. All you have to do is dial 811. Well, I dialed the number and it didn’t work. I had to dial 800-638-4097 instead, but they came [...]

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Tags: Real Estate Tips

How Do You Qualify for an FHA Loan?

March 17th, 2009 · 5 Comments

A Guest Post by Betty Parker of Your Ultimate Finance Destination blog FHA loans or Federal Housing Administration loans are the simplest forms of mortgage loans for buying real properties. Among all mortgage loans, the eligibility criteria for an FHA loan are the easiest and necessitate lower than 5% down payment. The FHA loans are [...]

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Tags: Mortgages · Real Estate Tips