Orlando Real Estate News

Short sales may be the number one niche in the real estate market right now, but many agents are loath to handle such transactions. They insist that banks do not want to approve short sales, the process is too time-consuming, and it's difficult to get everyone to cooperate.

However, short sales experts say agents have a tough time because they often neglect BPOs and property valuations, fail to review the bank's guidelines, submit incomplete files or lowball offers, and do not follow up.

To position themselves for success in short sales, agents must assemble a team of escrow officers, BPO specialists, processors, negotiators, and underwriters with experience in short sales. They should market to homeowners who might consider a short sale, obtaining lists of individuals behind on their mortgages and sending postcards or making in-person visits to let them know their options.

If you are considering purchasing a Short Sale, here is a selection of our listings for your consideration:

• 845 GALWAY BOULEVARD APOPKA FL 32703
• 125 Conch Key Way Sanford FL 32771
• 7016 PASTURELANDS PLACE WINTER GARDEN FL 34787
  1462 Travertine Terrace Sanford FL 32771
• 5952 LAKE MELROSE DRIVE ORLANDO FL 32829
• 7636 Wethersfield Drive Orlando FL 32819
• 530 E Central Boulevard Orlando 32801
• 15073 Spinnaker Cove Lane Winter Garden FL 34787
• 330 Garden Oak Court Apopka FL 32703
• 530 E Central Boulevard Orlando 32801

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REALISTIC PRICING OF YOUR HOME

If your Orlando home is not getting showings, or the showings are going nowhere, you may not have priced your home realistically.  Orlando Buyers have many choices in today's market and do not have to overpay for a home.  They want move-in-condition, and if they perceive that a home has been neglected they'll move right on by.

APPEARANCE COUNTS

Today's buyers use the Internet and are well informed, and ready to wait for the Orlando home that meets their requirements.   What those requirements are as varied as the buyers themselves.  Your goal as a seller is to target and meet as many of those requirements as possible.

Sellers often see their homes through rose-colored glasses.  You will be much further ahead if you look at your home trying to use a buyer's view.  Difficult to accomplish, but worth the effort.

It is interesting to watch homes on the market and how long it takes them to sell.  The ones who sell quickly are most likely priced accurately.  The greater the disparity between price and condition the longer the selling time, and many may not even sell during the contract period.

You have to be willing to compromise on price if you are not willing to put some money, time, and effort into getting your Orlando house to show in the best possible light.  You absolutely want no indication that maintenance has not been a priority, in addition you will probably want to, at the very least, do minor updates

Areas to address:

• screens with holes                                      
• loose tiles
• chipping paint                                           
• dripping faucets
• dirty appliances                                        
• air filters clogged up
• grout problems                                         
• broken light fixtures 
• dirty carpets                                             
• yard neglected
• wallpaper                                                 
• dirty siding/windows

Neutral, neat and well maintained Orlando homes command more money and sell quicker than homes that need work.  When there are signs that minor upkeep was not done the buyer translates that into meaning that major items such as the maintenance of furnace and air conditioning, roof leaks, gutters and downspouts etc. have also been neglected.

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What about these homes for sale?

• 15073 Spinnaker Cove Lane Winter Garden FL 34787
• 5952 LAKE MELROSE DRIVE ORLANDO FL 32829
• 7636 Wethersfield Drive Orlando FL 32819

Longwood Florida Real Estate Market Facts - Everything You Need To Know!

Longwoods Historic District encompasses roughly 190 acres and has 37 contributing structures. It became part of the National Register of Historic Places in October 1990. The District, the heart and soul of the city, is well hidden near the intersection of State Road 434 and County Road 427.

Read Also:   Orlando Short Sale | 164 Fig Tree Run Longwood FL 32750

The City of Longwood is located in Seminole County, Florida and is 15 miles driving distance North of Orlando. City Hall is at 175 West Warren Avenue Longwood, FL 32750

From the North  I-75, follow that SOUTH then merge onto the FLORIDA TURNPIKE South via EXIT 328 on the LEFT toward ORLANDO (Portions toll). Continue on down until you reach SR-408 TOLL EAST EXIT 265- toward ORLANDO / TITUSVILLE. Follow this to the Downtown area and get on I-4 EAST via EXIT 10A toward TAMPA / DAYTONA BEACH. From here you will go about 13 miles and get off on SR434 via EXIT 94 toward LONGWOOD / WINTER SPRINGS. Take a right off the exit onto SR434 and once you reach RONALD REAGAN BLVD. you are there. If you are on I-95, follow that SOUTH until you reach I-4 EXIT 260B towards ORLANDO. Follow this SOUTH to SR434 via EXIT 94 toward LONGWOOD / WINTER SPRINGS. Take a LEFT off the exit onto SR434 and once you reach RONALD REAGAN BLVD. you are there.

From the South FLORIDA TURNPIKE heading NORTH take that to I-4 EAST via EXIT 259 toward ORLANDO / TAMPA. From here you will go about 17 miles and get off on SR434 via EXIT 94 toward LONGWOOD / WINTER SPRINGS. Take a right off the exit onto SR434 and once you reach RONALD REAGAN BLVD. you are there.

Looking for specific information regarding Longwood real estate prices and communities?    Get Your Free Market Snapshot.

Read Also:  Orlando Florida Facts & Resources

City Overview

As of 2007, Longwood's population was 13,529 people. Since 2000, it has had a population growth of -1.57 percent.

The median home cost in Longwood is $299,500. Home appreciation the last year has been -4.89 percent.

Compared to the rest of the country, Longwood's cost of living is 2.86% Lower than the U.S. average.

Longwood public schools spend $5,115 per student. The average school expenditure in the U.S. is $6,058. There are about 18 students per teacher in Longwood.

The unemployment rate in Longwood is 2.80 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Longwood jobs have Increased by 2.78 percent.

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