Real Estate News

5 Reasons You Should Get Your New Construction Home InspectedIf you’re buying a new home, you may not necessarily think you need to have a home inspection done. After all, the goal of these inspections is to find everything wrong with the home so you can either have the seller make repairs or decide to back out of the transaction. With a new home, there shouldn’t be any problems, right? That’s not always the case. If you’re looking at new homes for sale in Clermont FL, you should still have a home inspection done. Here are a few reasons why it’s a good idea.

 

New Construction Isn’t Perfect

While it would be very nice to think that a newly built home is perfect, sadly that’s often not the case. There are many different contractors and subcontractors who work on a new build, and they don’t always

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Things You Need To Know Before Buying A Waterfront HomeA home on the water offers amazing views, the chance to swim or fish right from your own dock, and the option of boating whenever you want. But with these pros comes a few cons that you wouldn’t necessarily have with a landlocked home. If you’re looking for homes for sale in Kissimmee that are on the water, here are a few things you need to know before you buy one.

What Type of Waterfront Property Do You Want?

If you dream of falling asleep to the sound of the waves, buying a home on a river or a lake isn’t going to give you that. You’ll want to look for waterfront property on an ocean or large body of water. For fishing, though, you may want a lake or river. The amount of noise you want can also influence the type of waterfront property you should

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Do realtors get a commission on new constructionMost of the time the answer to this popular question is yes. However, there are a bunch of factors that go into what gets paid to a Realtor and what builders offer.

While some home buyers looking at homes for sale in Clermont Fl are wondering if they will have to come out of pocket, most are asking for another reason. Generally speaking, when a home buyer asks, “do Realtors get a commission on new construction?” they are typically asking because they want a discount. We’ll cover if that’s a good idea or not as well. Then, we need to understand how builders make money and where their money goes.

Do I have to pay a Realtor’s commission?

The answer 99% of the time is going to be no if you’re the home buyer. In almost every instance a new

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How Long Does It Take To Close On A HouseThis is a common question from home buyers and sellers alike. The reason it’s so common is that the answer is, “it depends.” In general, from signed contract to the closing table can take 30 to 90 days. In order to answer the question more specifically of how long does it take to close on a house, we have to define what “closing” is and look at what could possibly make the closing take longer.

What is closing on a house?

Closing on a house is the actual process of signing the new deed to the home. If you bought the home with traditional financing then you’ll be signing the deed to the home as well as a deed or note that gives the bank ownership of the home while it’s being financed.

This might seem a bit elementary. However, first time home

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Can I Buy a Home in Florida without My SpouseAbsolutely! This may seem like an unusual and difficult question, but there are various factors involved when purchasing a home without your spouse.  Let’s take Kissimmee, there are many variants to consider when you are searching for homes for sale in Kissimmee. Will it raise or lower your taxes? If it does indeed lower taxes; it can affect your mortgage and retirement plans.  More savings for you!

Buying a house without your spouse can actually end up benefiting you. Mortgage lenders cannot discriminate against you buying a home with or without your partner due to the Equal Credit Opportunity Act (ECOA).  Buying a home alone can save you A LOT of money, hassle and time. Speaking of saving a lot of money, make sure to get the help of a home value

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Katrina Anarumo, Broker  

Central Florida Real Estate News - May 2020

ORLANDO MEDIAN HOME PRICE RISES AS APRIL NUMBERS REVEAL AN EXPECTED DECLINE IN CLOSINGS 

 

April 2020 Recap

Orlando’s housing market in April saw its median home price increase 12%, while home sales dropped 28% in the first month to show an anticipated decline in activity as a result of the COVID-19 pandemic. Inventory experienced a year-over-year decline of 3%, reports the Orlando Regional REALTOR® Association. 

“Our market — like those nationwide — is grappling

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5 Reasons Why A Home Doesn't SellWhen your home doesn’t sell, nothing could be more frustrating. All your moving options and time tables are in a standstill because the home hasn’t sold. Typically, after a home has failed to sell the homeowner lowers the price or switches agents. However, real estate agents and pricing aren’t the only reasons a home didn’t sell. Let’s look at the most common reasons why a home doesn’t sell.

Bad First Impression

Imagine for a second that you’re working with Florida Realty Marketplace and we have 5 homes for sale in Haines City to look at. Imagine that we just viewed some amazing new construction and now we drive up to a home that has ankle-high weeds and dead shrubbery in the front yard. What would you do?

You’d do what most people do. You’d move on

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Top Selling Neighborhoods in Davenport of 2020You might think that real estate is down in 2020 but that’s not the case.   The great thing about real estate is everyone needs a home!  That sounds like quite the chipper outlook but there is a big difference between what’s happening now and what happened about 12 years ago.

When the real estate market crashed, it was in large part due to financial over leveraging and outright fraud.   We’ll likely see some repercussions in terms of foreclosures from people losing their jobs in part to the coronavirus outbreak.  This doesn’t mean that all the homes for sale in Davenport are going to go down.

Below is a list of the top-selling neighborhoods in Davenport based purely on the number of homes sold.  When we put together a list like this a few things stand out.

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Living Near DisneyOne of the most common questions we get from people relocating to central Florida is, “what are the pros and cons of living near Disney?” To be honest, if you’re in one of the suburban cities and are looking at homes for sale in Winter Garden, for instance, then you get all the pros and almost none of the cons. However, if you’re planning to live next to the park, we thought we’d put together a list for you of the pros and cons of living near Disney.

Cons Of Living Near Disney

Traffic

The most notable con to living near Disney is the traffic, particularly during the Summer, when 49 other states descend on Florida for vacations. Luckily, the attractions outside and the park itself are the main areas where traffic is particularly difficult. Unless

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Moving To Central FloridaAnyone that’s ever been on a Florida vacation likely thought of having vacation home or moving here. Whether it’s the beaches or a trip to one of the parks in Orlando, real estate in Florida is sought after. If you’re thinking of relocating to Florida, then there are a few little-known facts that you want to consider before buying.

Central Florida is Affordable

Did you know that homes in Miami are more expensive than they are in LA! Florida has a wide range of properties and a lot of coastlines. When people think of Florida it’s often the beach, but most don’t realize that central Florida is very affordable and can often be within an hour of a beach. Homes for sale in Clermont, a suburb right outside of Orlando, for example, has some of the most

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