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141 Jackson Park Ave

Well maintained MOSTLY FURNISHED home in a very desirable 55+ community with LOW HOA fees AND you own the land! The open floor plan offers a nice living room leading to a screened room, a kitchen (newer refrigerator), a dining room, two bedrooms, two baths an inside laundry, and lots of storage. This home has been replumbed with shutoff valves everywhere, has a termite prevention contract, new roof was added (2003), and a newer A/C. This property is nicely landscaped and ready to occupy. Polo Park West offers an Executive 9- hole golf course, two club houses with kitchen facilities, two heated swimming pools, tennis courts, shuffleboard courts, pool tables, exercise room, library, planned activities (such as Bingo, arts, crafts, sports), active neighborhood watch & safety program, and tv station with community announcements. LOW HOA FEES.
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154 Thorne Meadow Pass

Looking for your first investment home or primary residence? As you enter this lovely home, you will see how much space this home truly has with a formal living and dining room area to the front of the property and family room with good sized kitchen and breakfast bar overlook the south facing pool area. The master bedroom with large en-suite looks over the pool area and is accessed from the family room in this split floor plan and three other bedrooms are off the formal living room and dining room area allowing everyone their own space. A fully equipped kitchen with plenty of cabinet space is at the center of this well designed home. Sliding patio doors in the family room lead outside to the inground heated pool with space to relax and entertain. Easy access to I-4 and the Hwy 192, restaurants, grocery stores as was well as being minutes away from the theme parks. Great location to live, work and or play!!
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9000 US Highway 192 Lot # 872

A VIEW TO TAKE YOUR BREATH AWAY! You have the rare opportunity to buy a home ON THE GOLF COURSE! The home is a one bed-one bath built in 1994 and offers a lot landscaped with mature flowering plants and an OUTSTANDING view of the golf course and Lake Davenport! Enjoy making it your own as you renovate this unique property. ORO is a gated lakefront community and features two large heated pools, one heated kiddie pool, children’s playground, lighted tennis courts, pickle ball, shuffleboard, par 3 golf course, mini golf fun site, volley ball court, basketball court, bocce ball and horseshoes. There are facilities for all water sports, including a boat ramp. Bring your boat or jet ski and enjoy water skiing and fishing. The clubhouse has a library, lounge where you can play cards or relax, and a large auditorium for community events. The HOA fees cover water/sewer/basic cable/trash/lawn mowing.
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631 Polo Park Blvd

SPACIOUS 2 BED/2 BATH HOME LOCATED ON A LARGE CORNER LOT WITH A U SHAPED DRIVEWAY (2 joined driveways)!! This property is located in Polo Park West, a 55+ golfing community with 2 heated pools and 2 clubhouses!!! Owner replaced hot water heater, added new tub, sink, and commode to guest bath as well as replaced old carpet flooring in guest and master bedrooms with new carpet and replaced old vinyl in guest bath, hall way, kitchen and dining area with new vinyl flooring. Home was inspected for hurricane damage and repaired. The home comes with a water filtration system. Kitchen range, refrigerator, and air conditioner have been replaced as well. Owner has the property treated for insects as well as termites annually. The large 12 X 28 family room could be used as third bedroom. Sit outside in a 11 X 16 screened room or enjoy your favorite hobbies while you do your laundry out in the 11 X 20 utility room. Short walking distance to the boulevard clubhouse, pool and amenities. All you need to bring is your furniture and move in!!
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Five Ways A Natural Disaster Can Affect Real Estate

cold-front-warm-front-hurricane-felix-76969There is no denying that a natural disaster can be more than just physically devastating. It is an entity that can ruin lives in a matter of seconds, and sometimes, people still don’t see it coming. Granted, not every natural disaster has fatal consequences, but it has consequences nonetheless. For example, it can heavily influence the Real Estate Market

Once the shock fades, and you take stock of what is left, the physical damage needs to be assessed. And the first place you start is with your home or business. Now the question becomes, how extensive are the consequences regarding your property?

Here are 5 ways a natural disaster can affect real estate.

1. Foundation And Structural Integrity

The most obvious place to start would be the possible damage to the foundation and structure. Depending on the type of natural disaster that strikes, quite a lot of unseen problems can stay behind.

For example, a massive earthquake can completely shift and break the foundation, while bringing down everything built on top of it. With floods, the amount of water damage alone can force a homeowner to rebuild from scratch. Tornados do more than just rip off the roof, and what about tropical storms?

If the house or business is still standing after the natural disaster hits, proper inspections need to be carried out. Thus, all these things are going to influence the value and popularity of the property.

2. It Can Devalue A Neighborhood

A natural disaster doesn’t just affect one or two houses. It can take a whole city if the magnitude is big enough. And for the most part, complete neighborhoods become victims to the power of nature. Now, what happens to that neighborhood afterward?

Assuming only half of the residents have proper insurance to start rebuilding, and the other half abandons the mess altogether simply because their finance doesn’t allow them other options, it will drastically influence the real estate in the whole area.

3. A Hit To The Immediate Economy – Influencing Real Estate

Just like homes can suffer incredible damage, businesses run the same risk. And not all pexels-photo-325288businesses are properly insured against certain things. So, for the businesses that don’t close down, the grueling process of rebuilding starts. This also means the doors to their business will remain closed until it gets in shape again, significantly reducing the local economy and devaluing the properties around it.

4. The Area Can Get Stigmatized

If a certain area begins to develop a reputation for natural disasters, it’s never good for property owners. Home buyers will only consider investing if the real estate prices are ridiculously low, and even then they remain cautious.

The fact of the matter is that a negative stigma won’t just affect the real estate, but it can stop a whole neighborhood from seeing any type of development.

5. New Development

Speaking of new development, it is the one consequence of a natural disaster some individuals are going to see as an opportunity. As mentioned in the previous point, desperate property owners who cannot rebuild are practically going to give it away, making room for new developers.

These developers can either open a shopping mall, build more houses, or do whatever they seem fit with the property. So, in essence, their opportunistic approach can bring a neighborhood back into good standing, and in some cases, it can save a big part of a devastated city.

A Natural Disaster Affects Everything About Real Estate

When it comes down to it, there are more than just 5 ways a natural disaster can affect real estate. And the above-mentioned ways are just the ones that most likely come to mind first.

Not only is a natural disaster going to make lives complicated and so much harder, but it will influence the real estate as well – if the disaster is damaging enough.

And the best way you can prepare for a situation like this is to get proper insurance on your home and vacation home. Make sure it covers natural disasters, and that you won’t be left with consequences you are not ready to face financially. Even though you can’t stop a natural disaster, it won’t hurt to be prepared.

 

5 Important Things To Consider When Purchasing Real Estate

pexels-photo-206673If you’re going to be purchasing real estate in the near future, then there’s no denying there will be many crucial things you need to take into consideration before you make a purchase.

Of course, this fact is made even more important if you’re relatively new to the real estate market, and perhaps buying a first home or your very first investment property.

In this guide, we’re going to highlight five things you will need to consider when you’re purchasing real estate, so without any delay, let’s get started.

1 – make sure you have a 20% down payment

One of the smartest things you can do whenever you are purchasing a new home is to make sure you have a 20% down payment that you’re ready to part with in order to secure the property.

While you may be able to get a respectable mortgage deal without this in place, it’s safe to say that you could end up paying back more money in the long run if you don’t have this money ready to secure your purchase.

In general, your bank will consider you a higher risk client if you don’t have the funds to secure a 20% deposit, and this could mean you’ll end up paying more in mortgage insurance fees and interest rates than you otherwise would have to do.

2 – always get your mortgage loan preapproved

Another crucial thing to do when you’re first entering the real estate market is to get preapproval for your mortgage loan.

As you’d expect, pre-approval gives you a realistic, tangible dollar value for how much you can spend without having to get further approval from your bank, and this can really free you up when it comes to browsing all of your available purchase options.

Furthermore, it will show sellers that you are a serious buyer who has the ability to make an offer without running into problems with the bank later on down the line.

3 – understand the difficulties you may face when flipping

If you are a first-time investment buyer who is perhaps looking to purchase a fixer-pexels-photo-276724upper in the hopes of making a tidy profit later on, then it’s very important to understand that this will require a great deal of sweat equity, and it isn’t always as simple as it may appear at first glance.

Of course, while many people achieve great success by house flipping after renovating a home, you will need to have the time, skills, and inclination to put in many hours in order to add real value to the final selling price.

4– location, location, location

pexels-photo-77931While the overwhelming focus on location has become somewhat of a cliché in the real estate world, there’s no denying that there’s a great deal of truth to it, and this fact will not only affect the value of your property, but it will also go a long way towards influencing your overall living experience in your new home as well.

For example, it’s always wise to pick a home that’s situated within a reasonable commuting distance so you won’t have to travel further than you want to every day. Additionally, the location can have a big impact on your ability to enjoy the local amenities, and it can also affect the quality of schools you’ll be sending your children to, and a whole lot more.

5 –check your ROI

If you are planning to purchase real estate as a long-term investment, then it’s always wise to check your overall risk profile and know what you’re getting into.

While it’s certainly a truism that rental properties can be a smart, low-risk form of investment to make, there will always be risks involved, so you shouldn’t ignore each and every factor when it comes to making a decision.

It’s also worth noting that you could see a number of added costs thrown into your deal, so it’s important to be aware of closing fees, taxes, down payments, as well as the potential for property appreciation, rental income, and tax savings.

Conclusion

Regardless of whether you are looking to purchase a new home for sale or simply buying a first-time investment, it’s always important to keep these five considerations in mind before you make any final decisions on what your next step will be.

7 Helpful Pointers – Getting the Best from The Real Estate Market

pexels-photo-259597While the market does tend to swing in the favors of the buyers in today’s market, you will still have to apply some skills and caution to navigating the real estate market. The following article will contain some important tips and pointers that can help you get the most of your real estate ventures

As the economy makes a slow but steady comeback, more and more people are finding themselves in the position where they can afford to buy a home. As you can imagine, in most areas of the US it is more affordable to own a home than to rent a home. With interest rates at an all-time low, there is hardly a better time than now to buy.

Nevertheless, buying and selling real estate and coming out on top, is not an easy task. If you will be making one of the biggest investments in your life, you will benefit from the following tips on navigating the real estate market.

–Time to Buff and Polish Your Credit Score

Banks may be in a good position to make deals with their foreclosed properties but you wallet-cash-credit-card-pocketcan imagine the deals will be offered to those with good credit scores. Actually, you will need a credit rating of 700 or higher to enjoy the special interests and terms for loans. So, before you begin looking for homes and properties that interest you, you will want to get your financial affairs in order. Even if it means putting off your plans another year or half a year. This will make your deals much better and provide you with better opportunities in the future.

— Understand what a Good Deal Means to You

Just because houses are on a short sale or recovering from a foreclosure does not mean that the deal is the best one for you. As the real estate market begins to warm up around the country, finding adequate foreclosures that provide a safe deal is going to become increasingly difficult. If you are considering investing a nest egg into a foreclosure, be sure to look into all the expenses that will be required to make the place a livable dream.

–Collect a Nest Egg

If you are seriously considering purchasing land and housing, it will be a good idea to pexels-photo-164474begin saving up for your initial payment. You will want to aim higher than the recommended 20%, which will ensure you have a better chance of being Pre-approved . Everything you manage to save beyond that will fit the home with kitchen cabinets, new gutters and anything else the home will need to be considered “livable”.

— No Large Acquisitions

As the time draws close to securing a mortgage, you will want to avoid making any big purchases. If you buy a new car, taking out a personal loan or even making a large deduction from the savings account can make lenders nervous and reduce your likelihood of securing a good loan. Even if you had this important purchase in the works for a long time, you will want to wait till after the mortgage is secured before making the purchase.

— Watch the Trends

pexels-photo-590020If you have been living in the same place for a long time, you should have noticed that the prices of properties rise and fall as well as go up for sale with some regularity. By keeping an ear to the floor, you can choose the best moment to make a purchase when prices are more budget friendly.

— Hire a Realtor

While the fees of a realtor may seem undesirable, there are some important reasons a realtor can be the best option for you. A realtor can lend special industry insights to finding you the home you will be most pleased with at a better price. Be sure you take the time to interview a few realtors from your local area before choosing the best option for you. Make sure they have the skills and insights to find you the kind of home you are looking for.

— Set a Realistic Limit

The most important task for the home buyer will be setting a realistic price range for this important purchase. This is not a case where setting your sights high is a good option as this type of investment tends to come with many hidden costs and expenses that will need to be addressed in a timely fashion. Giving yourself plenty of wiggle room will avoid buying into a money hole.

Seven Simple Ways to Increase the Value of Your Investment Property

 

Big tan house

Increasing property value is an essential part of staying ahead in the real estate game. But, after an enormous investment in purchasing a house or condo for sale, what can be done to increase value without throwing thousands of dollars into remodeling projects?

There are virtually thousands of things that can be done to increase the intrinsic value of a property or home away from home. Following are a few choice practices that can be applied to playing the investment property game wisely, but the principals apply to all real estate acquisitions no matter how pricey or cost-effective.

1. Don’t buy stupidly.

This first option actually won’t cost you a dime but is still the single most important factor in making a profit off a home or property resale. If you can buy a home $15,000 less than the actual value of the home, you have automatically forced a $15,000 dollar increase in value. The important truth here is that the profits are made on the day the property is purchased not the day you sell the property. Remember, in this game you have to think like a real estate magnate to make serious gains.

2. Apply the ‘Ikea bedroom miracle.’

Bathroom

Nothing makes a home more enticing than lots of extra bedrooms. If you have a home with a bonus room, transform this situation into the Ikea bedroom miracle. At the cost of a simple Ikea closet and bed frame, you can change a two-bedroom home into a three-bedroom home. This will instantly transform a couple hundred dollars into several thousand in home value.

3. Increase your property’s curb appeal.

This is about the most obvious trick in the book, yet many experienced real estate investors will simply forget. No matter how much work is done on the inside of the home, if the exterior has been neglected all your work to increase value has been reduced by that much. This can be a simple as a well-manicured lawn and fresh paint to something more grandiose like an outdoor waterfall and maybe an attractive Himalayan Birch.

4. Rent out those nooks and crannies.

You may think you are renting out your top capacity but never forget the marvels of mini-storage. Mini-storage renting has grown into a multi-million-dollar industry and growing. So, look around your complexes and properties for closets, broom closets, maid quarters, storage sheds and even just a vacant piece of land. As you begin to pull in more income the value of your properties begins to increase.

5. Lower your expenses.

Whether you are a property investor or simply considering a future resale, you can’t overlook your role as your personal auditor. Look around at the dynamics of your property and find the most efficient plans for garbage collection, plumbing supplies, and water expenses. There will be times that these expenses can be passed on to tenants and they should be. No matter the strategy; a penny saved is a penny’s value added to your kingdom.

6. Add a bathroom.

A bathroom will not take that must to install and can increase the value of the home by tens of bathroom. Remodeling like this is a slightly larger project and if you don’t feel like cutting concrete with a wet saw, you may need the professionals.  Nevertheless, this project can turn a few thousand dollars into ten times this much.

Bathroom with red window and clawfoot tub

thousands of dollars even if only half a

7. Paint the neighborhood.

You could have the perfect home with excellent value, but if the neighborhood is an eyesore, you will never get your property sold. But, if only they would splash some paint here and there and maybe consider their own curb appeal. This will need to be handled with next-level diplomacy and tact, but community projects to increase property value have been very successful. While some people may dislike the idea of “charity”, it can be tough to turn down a free coat of exterior paint.

In conclusion — these were only a few of the many ways a home and property can be adjusted to increase value. But, never forget the awesome powers of replacing electrical appliances and switches that don’t work, washing the windows as well as calling in the steam cleaners for an overhaul of the bathrooms and kitchens.

9000 US Highway 192 Lot # 298

Clean, spacious & open one level home offering ONE BEDROOM AND 1 – 1/2 BATHS. The covered front porch welcomes you in to the living room which has two Lazy Boy sleeper sofas, a flat screen tv, and cathedral ceilings and fans. The front facing kitchen has a microwave, a full size stove, a refrigerator with ice maker, a breakfast nook and a separate dining area. The bedroom has a queen adjustable bed and lots of mirrored storage. The laundry room has a stackable washer and dryer AND a half bath. Sliding rear doors take you to a patio area and a storage shed. This home has been well maintained & is fully furnished (including Pfaltzgraff dishes). This home is in ORO’s rental program. Buyers to honor all bookings in place on the day of closing. Upon closing of this home, buyers must have $300,000 in liability insurance in place on the home. Buyers can request an owner’s block for all other periods not booked.
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227 Bailey Circle

Beautiful and well maintained 5 bed/4 bath pool home with very private south facing pool and spa. Pride of ownership shows through as you pull onto the drive. Enter the home and you will find a formal dining room to the left and immediately forward is a good sized living room overlooking the private pool area. The kitchen is fully applianced and is very pretty but functional. The main master bedroom is downstairs overlooking the pool and the bonus room has been made into a beautiful guest room complete with a four poster bed. Upstairs are 3 additional bedrooms, one of which has an en-suite. A bonus should you be renting this home. Hampton Lakes is a desirable community offering many amenities for its owners and guests. It has a community pool, tennis and basket ball courts, two kiddies play areas and beach volley ball. Central located near theme parks, restaurants, shop and golf courses, this home will suit an investor looking to rent the home or someone who simply wants to enjoy the Florida lifestyle.
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