Heather the Realtor - Orlando Area's Top Real Estate News

Deland Bank Owned Home, minutes from I-4, International Speedway & Daytona Beach! This property is brand new construction bank put the finishing touches on this house and obtained the Certificate of Occupancy. This Deland bank owned home is looking for a new owner to taking loving care of it. Would be perfect for investors, first time home buyers and those looking to down size.

 

Deland REO property for sale only $109,500

3 Bedrooms

2 Bathrooms

Built in 2009

Garden Tub w/walk in shower

All appliances included 

(to be installed prior to closing)

.25 acres

Oversized 1 Car Garage

Purchase this home for no money down through USDA financing!!!

For your private tour of this stunning Deland new construction bank owned home contact me today!

 

 

Looking to purchase a new home in Lake Mary, FL? I have worked with a local builder to bring you the best deals around. There are only two units left at this amazing price. These new construction townhomes are located in Lake Mary just steps from the Colonial Town Plaza, movies and some of the best restaurants in the area. Plus just steps from the tech corridor.

So what does this Lake Mary New Construction Townhome have to offer?  For just $1380/mo for less then most pay in rent you can all have this!

Brand new construction built 2009

1540 sq ft 
*2 Stories 
*3 Bedrooms 
*2.5 Baths 

PLUS 2 CAR GARAGE & COURTYARD

*Include many Distinctive Interior Features 
*42 Inch Kitchen Cabinets with Crown Molding 
*Cultured Marble Countertops in Bathrooms 
*Crown Molding in Foyer, Kitchen, Living & Dining Room 
*GE appliances 
*Money saving Moen plumbing fixtures 
*GREEN STANDARD FEATURES! 

*Home built according to Environments for Living(TM)Gold Level Program 
*Double Pane Windows with LoE 
*Interior Moisture Management 
*Fresh Air Ventilation 
*Pressure Balancing 
*EPA Energy Star Certified 
*Lennox HVAC - Good Housekeep Seal...and so much more! 

 

 

Plus dont forget this home and you can qualify for the $8000 First time home buyer & $6500 Move Up Buyer Tax Credit!!!

 

To find out more about this home or for a private tour contact me today. It can even close by December 31, 2009! Dont forget this offer is limited

If you are thinking about buying a home in Orlando one of the first steps you need to take is getting preapproved for a mortgage. One of the main factors of a mortgage is the interest rates, so why does 1 person get a better interest rate then another? Here is some reasons that can help you. Keep in mind with the past two years many lenders have burned so they have tightened most of their lending rules. 

To Qualify for any loan you must prove that you are a low risk to get the best terms. Part of that proof is your fico score. The lowest rates go to those with scores of at least 760 out of a possible 850. Boost your score by paying bills on time, reducing credit card balances to less then 20% of your limits and correcting any credit report errors. And you must show you have steady income.

So here is the difference of how credit score effects your apr which in turn your monthly payment.

 

A credit score of 760  gets and apr of 5.05%, but a credit score of 670 would qualify for an apr of 5.67% which on a $200,000 loan you will pay an additional $26,000.

 

Looking for a bank owned home around the Orlando area then I have the list for you. Below are properties that I must receive a contract on by Sunday December 20, 2009 by 8 pm. Please note we need your highest and best on all these deals. The closer to asking price the better chance you have. Now down wait til Sunday to make an offer if the bank likes your offer then generally respond within a few hours.

If youre worried about a property appraising, dont! If the home doesnt appraise the bank will generally work with the new appraisal. There are some great deals on this list. Please contact me for more information or photos of any of the homes.

 

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Address	City	State	County	Zip	Bedrooms	Bathrooms	Sq Ft	Price
360 Lake Ontario Court #17-302	Altamonte Springs	FL	Seminole	32701	1	1	649	$25,000
30806 Stewart Road	Eustis	FL	Lake	32736	3	2	1120	$21,000
4655 Cason Cove Dr #2823	Orlando	FL	ORANGE	32811	2	2	1000	$28,875
19934 VILLA ISLE DRIVE #3-204	ORLANDO	FL	ORANGE	32821	2	2	1103	$67,200
11500 Westwood blvd. #625	Orlando	FL	ORANGE	32821	1	1	712	$31,500
1451 Falconwood Court	Apopka	FL	ORANGE	32712	5	3	3575	$187,950
3797 Shawn Circle	Orlando	FL	Orange	32826	4	2	1972	$172,500
4350 Conroy Club Drive	Orlando	FL	ORANGE	32835	4	3	2527	$278,250
25622 Hawk's Run Lane	Sorrento	FL	Lake	32776	4	3.5	4036	$425,250
430 Forestway Cir #7-30	Altamonte Springs	FL	Seminole	32701	1	1	649	$30,000

 

Hawk's Run is located in the prestigious Heathrow Country Estates and is a brand new Cassandra Model - never lived in and over $100,000 off builders current inventory pricing! Home is stunning.

 

Whether you are an investor looking to flip a property or use it as a rental or a home buyer looking to make this your primary residents your sure to find the perfect home on this list!

 

Looking for a stunningly newly constructed condo located in one of the best neighborhoods right next to the Dr.Philips YMCA.  

This unit is brand new from floor to ceiling. Home was recently gutted down to the cement floors, ceilings and walls. Property has been rebuilt with today's latest and best materials, including purple board in the bathrooms, brand new kitchen cabinets, granite counter tops, all ss appliances, new flooring throughout, brand new bathrooms, you name it and it's brand new. Better then any unit in here. This unit backs to conservation area and has a small playground just steps away. This unit rents for $1200/mo and is located in the prestigous DR. Philips area, too many ammenties to list.

This unit has it all and for only $84,900 makes the perfect first home or investment. Rents in the area for this unit are $1200/mo

Looking for a stunningly remodeled home with 3 graciously sized bedrooms, 2 bathrooms with beautiful tile work, dark wood vanities, a kitchen to die for - granite counter tops, stone back splash, all ss appliances, quite close cabinets and drawers, new tile flooring throughout, 1/4 acre fenced yard, sparkling blue pool, nicely done garage, meticulously landscaped and minutes to everything Westyn Bay in Ocoee, 429 & 408, Newly developed Apopka, Downtown Orlando.

This home has it all and for only $124,900 makes the perfect first home or investment.

There is no doubt it's a buyers market. Inventory levels have never been better, coupled with the best interest rates in years and you have the perfect synergy effect for home buyers. However, buyers beware just because you have the perfect conditions does not entitle you to unrealistic expectations. While this market gives you the opportunity to buy a house, it does not mean you get the Tasmajal on a Clampett budget (pre hitting oil).

While you might be able to afford more home, do you really need it? Will you use all those extra rooms? Do you have time to handle the landscaping and mowing or do you need to hire a lawn company and add more expense to your monthly budget? Majority of my business is helping guide first time home buyers through the process of purchasing a home and more importantly helping them figure out the important aspects of their lives and ensure their homes fits their needs. 

One of my favorite sayings I tell people is "you cant change the lot, location or the layout" (ok with major renovations this can change). So dont always look at the cosmetics of the home, but rather does the location work for you, is it where you want to be? What about the lot? Lastly, does that layout give you goose bumps? Do you see yourself hosting a girls brunch on Sunday or having the guys over to watch the big game?

My job as an educator and as a licensed contractor is to help you see past those ugly cabinets and shag carpet that our grandparents had and turn it into a chic living space. Most my buyers often say but I barely have money for a down payment how could I possibly renovate a home? No problem when you work with an agent who has a passion for her profession. There are numerous different loan programs out there that can help make those renovation projects possible and you wont have two mortgage or payments. 

If you are ready to purchase a home in the Orlando area and want an agent who is sought after for her knowledge by HGTV and will guide and educate you through the purchasing process call Heather the Realtor today at 407 810 6304 or email me at hjoubran@earthlink.net or better yet go to my First Time Home Buyers website and if you catch me online IM me.

This is a Real Buyers Opportunity

We are in a buyer's market today in part because there's a surplus of new homes available. Why? "Investors drove prices to new heights in the first half of the decade, so they could flip purchases for profit. Builders started more and more new homes to meet the increasing demand. Then, as investors found it more difficult to turn an instant profit by "flipping" new homes, they began leaving the market. The result is excess inventory. Once that inventory is absorbed, the market is expected to return to normal - which for Central Florida means strong but sustainable.

But what about those surplus homes?

Builders would like to sell them before they pick up the pace of new construction. That's why now is the perfect time to buy a new home. Builders are currently offering unprecedented opportunities to buyers by discounting homes, giving away options and upgrade packages, adopting creative financing plans, paying closings costs, fees and taxes and much more.

While the surplus certainly plays a large role in today's buyer's market, there are several additional reasons why this is a uniquely advantageous time to buy a new home.

So what's the next Opportunity Buyers have in this market?

A Real Financial Opportunity

Rates are, in fact, comparable to 40-year lows nationwide, according to the National Association of Realtors; comfortably close to their record lows of only a year or two ago.

Plus the more mortgage companies find it necessary to compete - and they really are competing in today's market - the more their efforts will continue to keep mortgage rates as low as is economically feasible.

So waiting today for the market to become even more favorable tomorrow - hoping for lower interest rates and lower prices - could cost you thousands of dollars.

In short, it could be a monumental mistake to predicate your buying decision based on what you think might happen with mortgage interest rates. Even industry insiders can't make those predictions with any certainty. Odds are pretty good that you'll be even less successful than they are.

You're better off buying a home now, taking advantage of very favorable market conditions, and starting out right away to build equity and realize the tax benefits of homeownership.

Yeah that's great but I cant really afford anything!

A Real Pricing Opportunity

In today's buyer's market, homebuilders are faced with the realities of one of the first laws of economics - supply and demand. An increased supply and decreased demand means that something has to give. The days when buyers would actually bid above the asking price, and stand in line just for a chance to enter a lottery to buy a home, are over.

Today builders & home sellers are dealing, presenting homebuyers with more inducements than ever to help increase traffic and sell more homes. Incentives run the gamut from free upgrades to favorable financing packages.

What all this really means is that now is an excellent time to take advantage of an unusual combination of circumstances. Buy now, while the pricing and timing are on your terms. And be aware that this buyer's market is a temporary situation. Once the surplus is gone - and every home that sells brings us closer to that time - there will be fewer discounts. Fewer upgrade deals. And fewer opportunities. Wait too long and that great deal you'd hoped for on the home of your dreams will be gone with the surplus.

The Model Home Effect
The best way to make a buyer “feel at home” is to create an environment similar to that found in a model home. Now obviously you can not recreate the feeling of a perfect display home without starting from scratch, but there are some valuable techniques to be learned.

The Model Home Effect
- Neutral, clean and clutter free environment
- The colors and decorating accent the home’s features
- The smell is new and clean and the lighting is bright
- All details are looked after, from manicuring the lawn to a
floral arrangement in the entry

The Home Front
Your property’s landscape is not limited to the lawn and shrubs but encompasses everything from the street to your doorstep. For this reason, you must make sure each component of the visual landscape looks it’s best. The real estate industry refers to this as “curb appeal”.

The Home Front
- Keep grass healthy (fertilized, watered, mowed and edged). Mulch beds fresh, shrubs trimmed and leaves raked. Plant flowers, pull weeds and clean up after pets.
- Power wash house, sidewalks, and/or deck or patio if needed. 
- Paint the house if needed as this is one of the best investments you can make to increase the value of your home.
- The doorway is the focal point of your home and if it needs; repainting, a hardware update, or a new light fixture do not hesitate to do so.
- Make sure the windows are sparkling clean.
- A quick painting of an old mailbox will let potential buyers know you care about the details. If outdoor lamps look rusted and worn out, replacing them will cast a positive light on your property.
- It is best that vehicles not be left at the home during shows however, if this can not be avoided it is best that they be detailed or thoroughly cleaned to create an overall impression.

Roof
The roof may be the single most important aspect of your home front. A well-maintained roof will say a lot about the overall condition of the property.
- Replace any broken or missing shingles
- Repair flashing where needed
- Paint eaves and fascia boards
- If the roof is old and needs to be replaced, consider having the work done before showing the property

Gutter/Downspouts
Neat and trim-looking gutters and downspouts make a house look shipshape and will help keep the basement dry. If these items are in disrepair you can count on this being addressed by the buyer’s inspector.

Driveway
Consider the surface condition of the drive-way, if it is an asphalt drive have it professionally resealed, or do it yourself with a high quality sealer. If yours is a concrete drive-way, power wash it to remove any stains. If needed apply a concrete cleaning solution and then power wash.

Now consider the current rental market. Where is the economic security in not knowing how much your rent will increase in the next three years? You don’t receive any tax benefits from paying rent, nor do you accumulate any price appreciation, as you would if you owned a home of your own. All of the economic fundamentals show that this is a good time to buy a home.  The real risk isn’t in buying a home, it’s continuing to rent.