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January 2011

Found 7 blog entries for January 2011.

downtown_orlando_at_night1. For a buyer, the first rule is almost always: location, location, location. For a seller, your mantra is "price to sell." If you must sell now, don't waste your time by overpricing. List your house based on what the market dictates today, not off of what you were expecting to make. Be wary of agents who will urge an excessively low price, and ask your agent for comparable sold listings. Make a sound decision to make out the best you can, and remember when doing it that you must price it right to sell it. If you don't don't price your Orlando area property right, it will never sell. Pricing right early can sometimes even cause a bidding war that nets you more than expected.

2. Consider every offer, unless of course, it's completely absurd. Holding on

10,631 Views, 0 Comments

financial_facts_548There are quite a few things addendums cover these days in Fannie Mae and Freddie Mac deals. Most importantly, they have to do with the as-is nature of all of the sales. One of those things you should directly understand is how condo and home owner association documents. Most bank addendums place the burden for obtaining documents and financials on you the buyer. You need to locate these documents to make a wise investment. The problem however, is that many management companies will not release the financial information to non-owners or to a title agent. It can definitely create a problem where you can't get something you need until you're starting the closing process.

If you can't find this information, then you're accepting more risk in some cases

11,812 Views, 0 Comments

roller-coaster-one1_400The Orlando Thrill Park project which has recently been planned to draw thrill-seekers throughout the world to International Drive is starting to heat up. The park plans to have a 14-ride experience that promises an adrenaline rush like no other. With competition high in this area, already having Universal Studios, Islands of Adventure, Disney, MGM Studios, and Sea World as main competitors - the site will need to focus on an amazing roller coaster experience to draw attention with competition as high as it is among Central Florida theme parks already.

According to an insider, some of the ride-types include:

• Vekoma suspended looping coaster

• Chance Morgan Unicoaster

• Mack launch coaster

• Vekoma motorbike launch coaster

• Intamin inverted

16,547 Views, 2 Comments

for-sale-sign_279Fixed mortgage rates have dipped for the second week straight as Treasury bond yields fall again. The Orlando area real estate market is finding that its housing inventory low pricing is being met with great finance opportunities for those that are ready to invest in a Central Florida housing. The market is seeing some of the lowest prices in terms of inflation adjust dollars.

Freddie Mac stated the average rate on the 30-year mortgage dropped to 4.71 percent this week from 4.77 percent the previous week. It hit a 40-year low of 4.17 percent in November.

The average rate on the 15-year loan dropped to 4.08 percent from 4.13 percent. It reached 3.57 percent in November, the lowest level on records starting in 1991.

Treasury yields dropped after the

10,214 Views, 0 Comments

usl_soccer_logoMajor League Soccer is an exciting experience that many cities want in there town, but it's often a pipe dream for USL teams. With Orlando's new USL club, formerly the Aztex, that bid might have a chance with a new ownership group making that goal a priority. Orlando's new soccer club is set to start games this summer in the USL-Pro league.

The Aztex, founded and directed by Phil Rawlins, have been sold to a new UK investment group, Orlando Sports Holdings. The new owners are aggressively seeking a bid toward Major League Soccer. Within the next “three to four years” according to their press conference yesterday they believe this will become a reality.

17,241 Views, 0 Comments

ucf_logo_320Move aside Ohio State, the second largest (by student enrollment) university in the USA now belongs to the University of Central Florida having among its ranks 56,235 students.  Arizona State is ranked number one with more than 70,400 students.

Florida schools are advancing in research along with the increase in size, and these new numbers show that Central Florida's support from state funding and business relationships is helping the institutions to grow even in a slower economy. With UCF's new medical school, among other growths in programs, the Central Florida school is growing in quality options and its population. Orlando area residents will find that Florida schools K-12 are great, and that the program options offered for undergraduate, graduate,

17,195 Views, 0 Comments

schools_bus_422The nation earned a “C” average, but Florida home owners just got the news that their area’s reputation boasts a “B+” in comparison. That honor is good enough for fifth in the nation, and Florida took home the top honors for closing the performance gap between high earners and low income households. This further proves many local claims that the Central Florida area isn’t as prone to poorer districts reflecting poorly in as many cases as other states. The Florida School Board’s high standards for children in math, reading, and science seems to be paying off as FCAT scores increase, and now by having the honor of being the “Quality Counts” report’s recipient of 5th best in the nation.

The four states ahead of Florida on the overall rankings were

11,168 Views, 0 Comments

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