May

22

I’ve just sold a property at 28 N Hastings St. in Orlando. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

I’ve just sold a Single-family property at 400 S. Buena Vista Ave. in Orlando. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

May

14

Check out this new property that I just posted on my Web site. It is at 28 N Hastings St. in Orlando . This property has 4 bedrooms and 2 baths. Bank Owned…. Great opportunity for investor looking for high rate of return on investment. Area of great rental potential. Close to major roads and walking distance to bus line. Short distance to Community College and major employers.. Fixer Upper waiting for the handyman or project seeker.

Check out this new Single-family property that I just posted on my Web site. It is at 400 S. Buena Vista Ave. in Orlando . This Single-family property has 2 bedrooms and 1 baths. OWNER MOTIVATED! BRING ALL OFFERS!!PRE-FORECLOSURE/SHORT SALE! Listing price may not be sufficient to pay the total of all liens and costs of sale, and sale of Property at full listing price may require approval of seller’s lender(s), and such approval may be conditioned upon the gross commission being reduced (any adjustment will be shared equally). Adorable Key West style bungalow in quiet neighborhood. Central AC and heat, fireplace and large front and backyard. Hardwood floors, new roof in 2005! Plumbing and electric updated in 2005. Minutes to Universal, Downtown Orlando, Convention Center, Disney, and Sea World. Home is priced to sell quickly. Best priced home in the neighborhood. Excellent for first time buyer or excellent investment property.

May

14

Check out this new Villa property that I just posted on my Web site. It is at 35129 Quiet Oak Ln in Zephyrhills. This Villa property has 2 bedrooms and 2 baths. This “paired villa” allows MAINTENANCE FREE LIVING in Lake Bernadette, a GOLF COURSE Community! This 2 bedroom, 2 bath, 1 car garage features a spacious floor plan with sliders that open to your 17′2″ x 8′3″ screened lanai. Appliances included are REFRIGERATOR, MICROWAVE, RANGE, DISHWASHER, and even the WASHER & DRYER! There’s a reverse OSMOSIS WATER FILTER on the kitchen sink and a whole house WATER SOFTENER in the garage. The house has an INTERCOM/RADIO as well as an ALARM SYSTEM. The Great room and bedrooms have remote controlled lights & fan. Enjoy the community features: 18 hole GOLF course, 2 POOLS, TENNIS courts, BASKETBALL & PLAYGROUND. Recreation facility features SAUNAS, EXERCISE room, and MEETING rooms! You won’t be disapointed! .

May

14

New Listing

Posted by Shana A. Larson under For Buyers, Listings, Altamonte Springs

Check out this new property that I just posted on my Web site. It is in Altamonte Springs. Take advantage of this RARE OPPORTUNITY to BUILD and OWN your own HANGAR at the Orlando Apopka Airport. Aviation FUEL and SERVICES available. Site can be used for your own PRIVATELY OWNED Aircraft Hangar or any AVIATION RELATED business. LOT size 76×75. Will fit up to 70×70 HANGAR. Don’t wait. Call today!.

I’ve just sold a New - single family property at 492 N Pine Meadow Dr in Debary. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

Aug

20

 Choosing a Real Estate Agent

Below are some preparations you can make prior to contacting an agent. You can also call or email us anytime and we can guide you through the entire process as well.



 Choosing a Real Estate AgentThe Three most important criteria for selecting an agent are:

  1. Level of service
  2. Selling quickly at expected price
  3. Reputation of agent and company

Five Reasons A Property Sells:

  1. Location
  2. Price
  3. Terms
  4. Condition of the Property
  5. The Agent you select

YOU CONTROL FOUR OF THESE!

Cooperative Sales In Florida:

Over 67% of all property sold in the Multiple Listing Service is a Cooperative sale. For that reason your selection of a company should be based on who will represent your best interests and give you the best service.

Potential Dual Agency

A Seller’s agent has the obligation of providing you client level services in a fiduciary relationship that include:

  • Loyalty
  • Obedience
  • Disclosure
  • Confidentiality
  • Accounting

The selling agent, acting as a sub-agent, has the duty to exercise reasonable skill and care in the performance of the Broker’s duties, a duty of honest and fair dealing and a duty to disclose all facts known to the Broker that materially and adversely affect the consideration to be paid for the property.

A dual agency situation can arise if, after your agent has entered into an agency relationship with you, one of the salespersons in their company accepts an agency relationship with a buyer. If that salesperson shows your home, the agents will in effect be representing both parties.

This is a potentially challenging situation because it is difficult to afford both parties full client level services. Dual agency should only be entered into with the written agreement of both buyer and seller.

If this situation develops, you make an election for your agent to go ahead and show the property and pursue an offer. By making this election, you need to understand that part of the duties of disclosure cannot be made because it would violate the confidentiality with the other party.

In representing both the seller and the buyer, the Broker will not, without the express written permission of the respective party, disclose to the other party that the seller will accept a price less than the listing price or that the buyer will pay a price greater than the price offered.

In all circumstances, both seller and buyer should expect diligent exercise of reasonable skill and care in the performance of the Broker’s duties.

Agency is a legal relationship and a written agreement should be completed to explain all the duties and responsibilities.

For Sale By Owner Headaches:

  • Window-shoppers
  • Lookers stopping at all hours of day & night
  • Mis-pricing home
  • Inability to qualify buyers
  • Letting strangers in the home
  • Negotiating with buyer
  • Knowing everything that needs to be done
  • Missed opportunities when away from home
  • Buyers wanting the commission savings
  • Buyers who don’t like to deal directly with owners

Pricing Your Home

Your agent wants you to get the highest price and you want the home SOLD.

Sellers Control Salability — The seller controls the condition of the property, the terms they will consider and the asking price. Your house will be marketed at the price that will be in YOUR BEST INTEREST.

The Market Controls Value — Beyond the control of the seller is the value a buyer will assign to a given location and the number of houses for sale. They are not interested in what you paid for the property, what you have spent on redecorating, or how much money you need to purchase your next home. Buyers will always search the market place for the BEST VALUE.

This pyramid represents the fact that as the asking price for your home goes up, there are fewer buyers that are able to afford your home. This will result in a longer marketing time to find the right buyer for your home. Inversely, if you set a lower asking price for your home it will most likely sell faster. It is important to realize this and to figure out if the price you get for your home is more important than how long it takes to sell it. If you print out this page, write in your ideas on price range from “I must sell it now”, to “I have plenty of time”. The REALTORS in Colorado are experts and will be able to assist you in figuring out how to meet your goals and needs.

Preparing Your Home for Showing

With buyers, first impressions count. A small investment in time and money will give your home an edge over other listings in the area when the time comes to show it to a prospective buyer.

Here are some suggestions, which, over the years, I have found will help to get top market value:

  • General Maintenance
  • Oil squeaky doors
  • Tighten doorknobs
  • Replace burned out lights
  • Clean and repair windows
  • Paint interior as necessary
  • Repair cracked plaster
  • Repair leaking taps and toilets
  • Spic and Span
  • Shampoo carpets
  • Clean washer, dryer, and tubs
  • Clean furnace
  • Clean refrigerator and stove
  • Clean and freshen bathrooms
  • Clean garage
  • Clean basement and/or crawl space

The First Impression

  • Clean and tidy entrance
  • Functional doorbell
  • Polish door hardware
  • Clean windows
  • Flowers at front entrance
  • Clean outdoor furniture

Curb Appeal

  • Cut lawns
  • Trim shrubs and lawns
  • Weed and edge gardens
  • Pick up any litter
  • Clear walk and driveway of leaves
  • Repair gutters and eaves
  • Touch up exterior paint

The Buying Atmosphere

  • Be absent during showings
  • Turn on all lights
  • Light fireplace
  • Open drapes in the day time
  • Play quiet background music
  • Keep pets outdoors
  • Place setting at dining room table.

The Spacious Look

  • Clear stairs and halls
  • Store excess furniture
  • Clear counters and stove
  • Make closets neat and tidy
  • Remove personal art work/posters
  • Hang mirror to reflect outside light

What Happens Next ?….

First Week

  • Install sign in prominent place
  • Prepare advertising plan for your home
  • Tour of your home by your Realtor’s real estate sales associates
  • Copy of multiple listing sheet in the hands of your Realtor’s staff

Second Week

  • Copy of MLS sheet in the hands of all area Realtors
  • First ads appear in real estate papers and/or real estate magazines
  • Neighborhood canvass completed

Third Week

  • Your Realtor will follow-up on ads placed
  • Open house scheduled, if desired
  • Your Realtor will review showing activity and feedback from all Realtors showing your home

Fourth Week

  • Your Realtor will follow-up on ads placed
  • Your Realtor will review showing activity and feedback from all Realtors showing your home
  • Review price and other market factors affecting the sale of your home
  • Update information on MLS sheet

Fifth through Seventh Weeks

  • Follow-up advertising
  • Review of showing activity and feedback from all Realtors showing your home

Eighth Week

  • Your Realtor will follow-up on ads placed
  • Your Realtor will review showing activity and feedback from all Realtors showing your home
  • Review price and other market factors affecting the sale of your home
  • Update information on MLS sheet
  • Open House scheduled, if desired

Ninth through Eleventh Weeks

  • Follow-up advertising
  • Review of showing activity and feedback from all Realtors showing your home

Twelfth Week

  • Your Realtor will follow-up on ads placed
  • Your Realtor will review showing activity and feedback from all Realtors showing your home
  • Review price and other market factors affecting the sale of your home
  • Update information on MLS sheet
  • Open House scheduled, if desired

Thirteenth through Fifteenth Weeks

  • Follow-up advertising
  • Review of showing activity and feedback from all Realtors showing your home

Sixteenth Week

  • Your Realtor will follow-up on ads placed
  • Your Realtor will review showing activity and feedback from all Realtors showing your home
  • Review price and other market factors affecting the sale of your home
  • Update information on MLS sheet
  • Open House scheduled, if desired

Getting to Know the Apopka Orlando Airport X04 You may already know the Apopka Orlando Airport by its location identifier X04.  You may have also read that it is a privately owned airport offering a variety of services to travelers, real estate investors and commercial companies.  What are some of the services that the Apopka Orlando Airport can offer you?  Before finding out what companies are based at Apopka Orlando Airport first consider what type of services you will require.   For starters, there is the business of aircraft rental.  This is a popular request for many businesspersons and wealthy consumers who have no need of their own plane but who occasionally travel.  You can rent an aircraft and hire your own pilot or fly your own plane if you have a pilot’s license.  The advantage to this is that you are not at the mercy of the major airlines’ timetables.  You can rent a private plane or charter an aircraft right at the airport by visiting a Universal Air Services or one the aircraft training facilities.   You may want to rent a plane for pleasure, for travel, for charter groups or even pilot training.  Keep in mind that if you want to want to fly on your own, you must pass a test delivered by a certified flight instructor.  From there, you look into your renter’s insurance for specific rules regarding your rental.  You select your plane type—based on your proven experience and rating.  How much can you expect to pay for a rental aircraft?  Prices will vary. Usually the aircraft itself costs a few hundred dollars per hour, depending on the type of craft. Additionally, prices may be based on the amount of gas and oil used, how long the engine is kept running, or when the plane is moving at flying speed.  This service may suit you well if you don’t travel often and don’t want the responsibility of maintaining and storing your own aircraft. What are some of the rental companies that work out of the Apopka Orlando Airport?  Apopka Aviation & Flight Services provides rental services with a focus on private teaching, flight review, pilot instruction and preparation for the FAA exam.  Eliamo offers these services as well as other commercial pilot services like repositioning and ferrying.  Grizzly Aviation specializes in sport pilot training and light-sport aircraft.  Finally, there is Jan Charles Potter, which offers training commercial pilot services and private instruction.  

The Orlando Apopka Airport is ideally located since the 429 expressway is just two miles away, giving quick access to downtown Orlando, theme parks, as well as the Orlando International Airport, all in about less than half an hour.  Because the airport is privately owned and its land is not government-controlled, it allows travelers and real estate investors to buy their land and build hangars where appropriate.  The more you get to know the Orlando Apopka Airport the more you realize that it offers far more opportunity than any other surrounding airports.  Visit us at the airport website www.OrlandoApopkaAirport.com  for more information on building your own hangar.

Aug

20

A look at tax-deferred real estate investing

An investor in real estate understands how important it is to preserve wealth and assets. In the frequently changing world of taxation, the investor is fortunate to have IRC Section 1031. Tax-free exchanging is one of the most popular real estate strategies for investment property sellers
Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business, or for investment. A tax-deferred exchange is a method by which a property owner trades one or more relinquished properties for one or more replacement properties of “like-kind”, while deferring the payment of federal income taxes and some state taxes on the transaction.

The theory behind IRS Section 1031 is that when a property owner has reinvested the sale proceeds into another property, the economic gain has not been realized in a way that generates funds to pay any tax. In other words, the taxpayer’s investment is still the same, only the form has changed (e.g. vacant land exchanged for apartment building). Therefore, it would be unfair to force the taxpayer to pay tax on a “paper” gain.

Exchangers can create an entire investment program using the wide variety of benefits available, and an investor can move successively from one 1031 Exchange to another any number of times while delaying the taxable event. Two of the most popular strategies involve delayed exchanges combined with TIC properties.

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