Hojin's SW Orlando Real Estate Scoop

I attended a real estate investing class this past week and here’s a few more things I picked up besides the possibility of double digit interest rates. Lisa has been a property manager for commercial properties for about 20 years and she has a pretty grim picture of the commercial market. Tenants are renegotiating their [...]

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I’m getting a lot of calls these days from bottom feeders looking to cash in on the declining market and I think it’s a great strategy provided they have a long enough time horizon. Many of them plan on renting the properties out until the market starts to improve, and usually shocked at the negative [...]

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Here’s the latest from the Orlando real estate blogosphere: David Welch’s Orlando Real Estate: Joe the Plumber and Orlando Real Estate Statistics 10/08 Orlando Sentinel Windermere Blog: October in Windermere Team Connect Blog: A Taste of Dr. Phillips 2008 The Orlando Real Estate Blog: Foreign Nationals: Rich? Buy Your Way into the USA! Andy Tolbert [...]

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Watch CBS Videos Online With all the talk about the bailout plan being debated in Congress, I’ve heard all kinds of reasons why people think the market is failing. I’ve heard it’s because of Fannie Mae, shady mortgage lenders, stupid consumers that can’t comprehend that their payments will go up eventually on interest only loans, [...]

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I just met with a locksmith at one of my properties and somehow we got to talking about the bump key. It’s a low tech device that picks locks like it’s nothing and can be purchased at Wal Mart and on the internet. An entire set of bump keys costs about $30 and it will [...]

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Let’s not kid ourselves. Prices for homes in Orlando have been plunging. So is it time to buy or should you wait a little longer? A recent article on MSN Real Estate entitled 66 Cities Where Buying Makes Sense included Orlando as one of the markets where buying makes sense now. The article reminds us [...]

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A major side effect of Tropical Storm Fay to homeowners in Central Florida is flooding. Many of the homes that face flooding should have had an idea that it was possible if they simply checked the FEMA flood zones prior to purchasing their home. Flood zones are geographic areas that the FEMA has defined according [...]

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The Condo Metropolis blog posted an informative video on housing cycles that explains how and why real estate markets fall and also rise. Many of the factors necessary for a rise in housing are in place according to the video, but it neglects to factor in the price to rent ratio which is playing a [...]

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Dan Tracy of the Orlando Sentinel wrote an interesting article today on foreclosed homes selling for $100 at public auctions held at the Orange County Courthouse. Even homes in upscale communities like Keene’s Pointe and Lake Butler Sound are selling at these too good to be true prices. He points out the normal person off [...]

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I’ve been showing quite a few properties here in SW Orlando lately, and many of them have been short sales and foreclosures. I think few consumers really don’t have a firm grasp on what differentiates a short sale from a foreclosure, so I figured it would be a good topic for today. First of all, [...]

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