Orlando Real Estate News Blog

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Central Florida Real Estate Homes, Greater Orlando Disney Area, Windermere, Winter Garden Florida

Are you in the market for a Central Florida home for sale? Or are you looking for a Central Florida real estate agent to sell your home?

Central Florida Real Estate Specialist and sell 1 home every 3 weeks. Will yours be next?

Buyers - Free MLS Search and Area Information
Sellers - Free Home Value Report and Marketing Proposal
Please Visit Our Website
JerrySellsOrlando.com 

Or call us  407-580-7011


We sell Single Family Homes, Holiday Vacation Villas, Luxury Estates, Land, Commercial Property, Hotels, Condominiums, Retail Sites, Office Buildings, New Home Construction, Lofts, Retirement Communities, Executive homes, Custom Home Builders, Master Planned Developments, Gated Community Residences, Golf Course Resort Homes, Re-sales, and Investment Properties.

We serve Buyers, Sellers and Investors. Our clients are local residents, relocating families, retiring persons, UK British visitors, International and second home owners.

We provide Multiple Listing Service MLS listings, Free opinions of value and market valuations for sellers and Free property search reports for buyers.

Areas - Communities

Central Florida, Greater Orlando, the Walt Disney World Area, Apopka, Windermere FL , Davenport, Orange County Fl. Orlando, Apopka, Windermere, Winter Garden, Kissimmee, Davenport, Winter Park, Lake Mary, Altamonte Springs, Longwood, Montverd,e Ocoee, Oviedo, Dr. Phillips, Metrowest Celebration, Disney World Area, Keene's Pointe, Isleworth, Lake Butler Sound, Stoneybrook, StoneyBrook West, Bella Collina, Alaqua Lakes Reunion, Summerport, and More!


About Jerry:

Member:

ABR - Accredited Buyers Representative

GRI - Graduate of the Realtors Institute

e-PRO - Certified Internet Professional

CLHMS - Certified Luxury Home Marketing Specialist

ORRA (Orlando Regional Realtors Association)

FAR (Florida Association of Realtors)

NAR (National Association of Realtors)

Orlando, East Orlando Area Homes For Sale, Windermere, Winter Garden FL. Just Listed

Below are some of the absolute Best Priced Homes in the Orlando Area. Two homes are in the highly sought after community of Windermere. One is located in Winter Garden Florida and the three others are in Orlando. There is also a Lakefront property for $499,900. This is a spectacular deal for a new home on East Lake Toho. Please feel free to give me a call at 407-580-7011 and don't forget to visit my Website at http://www.JerrySellsOrlando.com

Orlando Florida, Orange County, Central Florida - The City Beautiful

Orlando, Orange County, Florida - The City Beautiful

Orlando - Lake Eola - Orlando RealtorThe City of Orlando, Orange County, Florida is known as The City Beautiful and comprises over 100 square miles.  When people think of Orlando and Central Florida, the first thoughts that probably come to their mind are Walt Disney World, Universal Orlando Resort and Sea World.  But there is so much more to Orlando than just the theme parks and even the other smaller ones such as Wet ‘n Wild, a water park, Gatorland, etc. 

Did you know that Orlando is home of the Orange County Convention Center, which is the second largest in square footage in the states.  And that Orlando is only second to Las Vegas in the number of hotel rooms. 

There is a lot of community to Orlando from historic areas in downtown Orlando such as Lake Eola Heights and Colonialtown as well as nearby College Park to new developments in the Lake Nona area which is the future homes to Burnham Institute, Nemours Children's Hospital, as well as a new University of Central Florida Medical School.  In 2006, the City of Orlando boasted a population of over 220K ranking it sixth in the state of Florida, while the Greater Orlando population was well over 2.6M. 

With this many people, there needs to shopping in addition to the recreation of the parks.  In addition to the many large malls and the upscale Mall at Millenia which houses a Neiman-Marcus and Bloomingdales as well as a Cartier and Tiffany and Co, Louis Vuitton, Chanel, Jimmy Choo; there are also many outlet malls and some upscale ones as well such as Orlando Premium Outlets.

Harry P. Leu GardensThere are some wonderful museums and in addition to the Orlando Museum of Art, there is also the Orlando Science Museum and the Harry P. Leu Gardens, which is 50 acres of beauty including an orchid house. 

But this just touches the tip of what Orlando has to offer.  There's professional sports, fishing, golfing, including the Citrus Bowl which is home of the Capital One Bowl Game.

Orlando offers many diverse cultures throughout the city, such an area called Little Saigon near downtown, which is actually the name of a wonderful restaurant in the area with a grocery store next door that sells fantastic delicacies. 

The weather here in Orlando is great.  Yes, we can get down to freezing in the winter and over 100° F in the summer.  And yes, it can be hot and humid.  But today, it's the middle of January at 8:30 at night and I have most of my windows open.  Go figure!  You can enjoy the outdoor almost all year round.

Orlando - what a great place to live, work and play!  This isn't just some wannabee city.

Orlando Real Estate Homeowners could see Tax relief Today

Florida voters are at the polls today voting on the proposed property Tax amendment.

Orlando Florida-  Today is more than just Super Tuesday in the Presidential Primary Election and local elections here in Orlando Florida.

In the state of Florida we have another big issue that will get decided on by Orlando residents - it is Florida Constitutional Amendment 1 that has 4 components that will affect our future property taxes if it passes with 60% of the voters voting YES!
Provision #3 is the one most of my real estate investors and second home owners are watching since it will provide much needed help to our non-homestead Orlando property owners.
 
Remember when you vote it's ALL or NOTHING! If the Amendment passes it will be retroactive to January 1, 2008. So I will give you an overview of the four Provisions Amendment 1 covers:

 

Florida Property Tax  - Provision 1  - Increase Homestead Exemption $25,000

Would provide another $25,000 to the homestead exemption for local taxes however, this does not apply to school taxes.
While this is good for the individual Orlando home owners local governments and municipalities say they will lose money.
 

 

Florida Property Tax - Provision 2 - Save our Homes Portability

 

  • This will make "Save our Homes" portable statewide which will give those who want to move up to a larger home or downsize into a maintenance free condo or villa now won't be slammed with a huge tax adjustment. I will explain how to calculate this in more detail. Just remember when looking to buy a house or condo in Orlando and throughout the Orlando area realize that the taxes shown in the MLS even if this passed will NOT reflect what your taxes will be on a new property purchase.
     
    Another great feature is that homeowners would now actually have 2 years from the time they sell their homesteaded home (or give it up) to transfer it to a new property. Your home had to be homesteaded in 2007 and you would have until 2009 to transfer this savings to a new purchase.     

    Florida Property Tax - Provision 3 - Non-Homestead Cap

    This is the property tax provision that caps the property assessment increases at 10% for non homesteaded property (if you own or want to own a second home or condo here - this is for YOU). This has been desperately needed to help local businesses , second home and vacation home owners like many of our clients in the Orlando area. 
    While it's going to help those vacation property owners in the future it doesn't give them any relief for the recent property value run ups we experienced for local homes and condos on Orlando properties. Note: Like Provision 1 - this cap will not apply to local school taxes.

    Florida Property Tax  - Provision 4 - New Exemption for Business Equipment

    This provision creates a new $25,000 property exemption for some business equipment and mobile home properties. This should further help local business and mobile home owners at the expense of local governments.  Mobile Home owners now won't pay taxes on the first $25,000 of property value (often sheds, carports, other improvements).
     
    So today is  a big day in Orlando and throughout Florida - it will be interesting to see what the people of Florida decide. Check back tomorrow and we'll  update you on the results and cover how to calculate your Save our Homes Portability.

  • Orlando Home For Sale, 14 Vanna Ct. Just Listed

    Orlando Home For Sale, 14 Vanna Ct. Just Listed

     County: Orange County Zip Code: 32807-6193

    Price: $200,000 Low Price: Bedrooms: 3 Baths: 2 SqFt Heated: 1,315 Year Built: 2000 

     Property: One Story, Single Family Home ADOM: CDOM: 0 Location: Close to Bus Line, Cul-De-Sac, In County,In City Limits Great Location - Great Value, Hurry Won't Last at this Price! Minutes from downtown. Tile roof, Great one owner home, well maintained home with Pond view. Perfect for the first time buyer. Great community easy access to408, airport, Valencia and UCF. One Year Home warranty will be provided by Seller to Buyer. Other neighborhood homes have sold for $40,000-$50,000 more.  Hurry to get this GREAT Price.  This home won't last!

    Orlando MetroWest Area Home For Sale

     

        List Price: $189,900  Bedrooms: 3 Baths: 2 SqFt Heated: 1,536 Year Built: 2005  Property: Ground Floor Unit, Townhouse  Corner Unit, End Unit,

     HUGE PRICE REDUCTION-BARELY 'LIVED IN - LIKE NEW" CARRIAGE HOME IN A GATED COMMUNITY OVERLOOKS POND VIEWS AND COMMUNITY POOL.  BEAUTIFUL FIRST FLOOR PLAN IN END UNIT, NO STAIRS TO CLIMB. UPGRADED LIGHTING FIXTURES & FANS. BONUS ROOM THAT IS GREAT FOR AN OFFICE/STUDY OR 3RD BEDROOM. YOUR CENTRALLY LOCATED KITCHEN FEATURES A BREAKFAST BAR, ENDLESS CABINETS, A CLOSET PANTRY, 42' CABINETS, ALL GE APPLIANCES & MUCH MORE. YOUR OWNERS RETREAT ALSO INCLUDES A GARDEN TUB & A HUGE WALK-IN CLOSET. PREMIUM LOT W/ MANY UPGRADES. CLOSE TO VERANDA PARK AND METRO WEST GOLF COURSE. BEAUTIFUL COMMUNITY POOL & TENNIS COURTS. A MUST SEE

    Orlando Lake Nona Area, Saint Cloud Home For Sale

    Orlando Lake Nona Area Home For Sale

        List Price: $499,900  Bedrooms: 4 Baths: 3/1 SqFt Heated: 3,310

    Year Built: 2005 Pool: N,  PRE-FORECLOSURE, PRICE REDUCED FOR QUICK SALE and/or SELLER WILL CONSIDER LEASE PURCHASE. Never occupied. Like-New in Gated community. Engle Home Kingston Plus Model.  Granite counters, Stainless Steel upgraded appliances, 18x18 tile, downstairs Mastersuite, premium WATERFRONT lot with view of Fells Cove. Spacious upstairs bonus, 3 car garage. Lots are surrounded by natural beauty and a true sense of privacy with lake frontage behind you and a large conservation area directly across the street. Only 6 minutes from the new Lake Nona medical cluster, which includes the Burnham Institute, UCF Medical School, VA Hospital, and research park.

    Orlando Real Estate Career, Job in Real Estate with Keller Williams Realty

    Keller Williams® is offering a career opportunity.

    Are you ready?

    This is not about a job.  This is about building a career.  Whether you're an experienced real estate agent, or you're considering entering the field, you can build a career with fantastic earning potential, working for one of the most progressive real estate companies in the world.  A career where you're the driving force behind your success. Sound interesting?  Ready to make an investment in your future?  Want to start a real growth business?  Keller Williams® Realty can show you how.  We have numerous opportunities for you, right here, in your own neighborhood.  And beyond.

    TURN A JOB INTO A CAREER
    THERE IS NOTHING MORE FULFILLING


    If you're an established real estate professional, you're going to love the difference Keller Williams® offers.  Your path to success comes with the full support and guidance of Keller Williams® Realty, and an income opportunity unparalleled in the real estate industry today.  If you are looking for more reward from your hard work, and you have the drive and resources to take advantage of a win-win opportunity, you sound like the goal-oriented person we're looking for.

    You owe it to yourself to learn more about Keller Williams® and the extraordinary real estate success model we've established.  
                            

    If you are thinking about switching offices,

    or if you know someone looking to switch offices, contact me.   From one REALTOR to another, I will be sure to give you a realistic view of Keller Williams Realty.   At Keller Williams, we are an agent driven company, we don't believe any company should take more than they deserve.

    Look at the table below to see how much you would have kept at

    Keller Williams.

    Sales

     

      $3 Million

     

     

      $4 Million

     

     

      $5 Million

     

     

      $6 Million

     

     

      $7 Million

     

    Avg Commission 3%

     

    $90,000

     

     

    $120,000

     

    $150,000

     

    $180,000

     

    $210,000

    Maximum Cap & Royalties

     

    - $21,000

     

     

    - $21,000

     

     

    - $21,000

     

     

    - $21,000

     

     

    - $21,000

     

    $ left in YOUR pocket!

     

    $69,000

    77%

     

    $99,000

    83%

     

    $129,000

    86%

     

    $159,000

    88%

     

    $189,000

    90%

    The above chart assumes that your average commission is 3% (per transaction side) and the most that you would pay to the company is $21,000 per year.  After that- you CAP OUT!

    HOW MUCH WAS LEFT IN YOUR POCKET? CHECK YOUR 1099?

    * The KW cap is the most that you would pay the company on commission. Most of our agents start out on a 70/30 split. If you are doing less than 3 million in sales, you would only pay a small percentage of your commission until reaching the cap of $21,000 - You would not be responsible for paying the cap. It's a Win-Win!

    We weren't unhappy where we worked before, we were just driven to do business different. 

    If you would like to learn more about our company, call us at: 

     (407) 580-7011,  for a confidential meeting.

    Check Out Some of the Links below to Learn More About Keller Williams

      Curious About Keller Williams?   Keller Williams Culture Part 1        Keller Williams Culture Part 2                    Keller Williams Cares to Share the Light        Agents tell how they work together like family    

    Training for Top Producers Training for $6 million plus Mega producers - Millionaire Real Estate Agent training Millionaire Mondays - Web Seminars that turn our best sellers into reality Luxury Home Marketing Training                                   

    Training for New Agents and Mega Agents Agents tell how to "Follow the Model"                                       Training class schedule open to agents from any company at our many area offices Wealth Building Radio Show Streaming Now                 New Agent Training Curriculum  

    Technology and Internet Tools & training on your website, your microsite, email, drip email, ecards, leads and more in this animated tour  

    Keller Williams Tours Self-Guided Tour. 4 videos at the end of this demo         Profit sharing changes lives. How to retire with profit sharing that you can will to your family

    Curious about Keller Williams?   I can help!   Please do not hesitate to contact me for a no-pressure, confidential consultation. Why not call me or email me right now?  I am here for you.  

    Jerry LaRose, P.A., ABR, GRI, e-PRO, CLHMS, Realtor 407-580-7011

    Orlando Real Estate - Mortgage Application Volume Rises 8.3%

    WASHINGTON -- Mortgage application volume rose 8.3% during the week ending Jan. 18, according to the trade group Mortgage Bankers Association's weekly application survey.

    Mortgage volume rose as interest rates continued to fall. The average interest rate for traditional, 30-year fixed-rate mortgages fell to 5.49% from 5.62%. The average rate for 15-year fixed-rate mortgages, which are often used to refinance a home, fell to 4.96% from 5.07%.

    The survey provides a snapshot of mortgage lending activity among mortgage bankers, commercial banks and thrifts. It covers about 50% of all residential retail mortgage originations each week.

    Orlando Real Estate - Will Lowering the Interest Rate Save Your Shirt?

     With the Federal Reserve cutting the interest rate by three-quarters of a point on Tuesday and possibly another half a point shortly, as predicted, do you feel that this is a little bit too late or do you think this will have a significant effect on the economy and the predicted foreclosures?

    The cut in in the interest rate was designed to help in response to all the coverage on a recession which is being promoted as having a 50% chance of happening.

    1. Do you think that there is a 50% chance for a recession?
    2. Do you think we are already in a recession?

    Let's just refresh what recession is:

    Per Wikipedia: negative economic growth for 2 or more successive quarters in a year. A recession may involve simultaneous declines in coincident measures of overall economic activity such as employment, investment, and corporate profits.

    and an interesting note:

    There is much debate, sometimes ideologically motivated, as to whether government intervention smoothes the cycle, exaggerates it, or even creates it.

    Do I think that by lowering the interest rate this will have an effect on all of the foreclosures? Yes, some. Obviously, not those already involved in the foreclosure process. Other homeowners who have adjustable rate mortgages or sub-prime  loans will now have lower payments. 

    Some homeowners with those lower payments will now be able to afford their house payments and others unfortunately will not.

    What this definitely, without question confirms, is that it is one of the BEST times to buy a home and/or investment property while interest rates are down and possibly going down another 1/2 point. This makes mortgage payments less which translates to a better deal for the home buyer or investor.

    Now, how many times have you heard this? It's true and for those lucky enough to jump on the bandwagon, it's going to be a nice ride with no bumps.

    If you have an equity line of credit, at 6.0% or more, definitely refinance. Anytime, there is a 1% interest rate difference in what you currently have and what is being offered on a FIXED INTEREST RATE, you should jump on it.

    Just make sure that you are with a reputable Mortgage Lender. If you need a referral just give me a call. And no, I don't make any money for the referral for those who wonder, I just get happy, well educated clients that have good loans. Love that!

    Let me know your thoughts on the recession. The debate should be interesting.

    AND

    Do you think the Feds are a day late and a dollar short to this party?

    And of course if you would like help with you   Real Estate Questions please feel free to give me a call 407-580-7011