- Central Florida

Why Buy a Vacation Home in Davenport

Where you buy your home is just as important as its design, features, and cost. But home buyers often overlook the chance to get a higher return on their investment when choosing a location. 

Vacation rental homes are growing in popularity thanks to rental services like Airbnb and HomeAway, which have made traveling more affordable than hotels stays for families and large groups. 

A growing real estate market gives buyers an opportunity to secure the perfect location that draws more renters (and higher rates) than other rental properties. 

Davenport vacation homes give residents and guests a convenient location surrounded by the Central Florida attractions that continue to fuel tourism and lead to greater revenue from your vacation home. 

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Team Donovan Records Best Year Ever with 210+ Listings Sold in 2017

Team Donovan enjoyed a record-setting year in 2017. The Orlando real estate firm sold over 210 listings, the most sales in its 13-year history. And it set an MLS (Multiple Listing Service) record for the number of listings sold by an agent. CEO and Real Estate Broker James Donovan attributes the strong showing in part to attractive exchange rates, which motivated many European owners to sell their vacation homes to U.S. and foreign investors for a profit. 

Donovan says his firm’s success is unique in the Central Florida real estate market. “On the listing side, I have not seen any other real estate agent with numbers as high as ours when it comes to vacation home sales,” said Donovan. He credits the high volume of listing sales to the company’s…

4 Ways You Can Put Your Home Loan in Jeopardy

So you’ve decided to buy a second home in Orlando. Congratulations! If you plan to finance your holiday home purchase, you should be careful about what you do between the time your loan is approved, and you actually close on the purchase. 

Lenders have been known to rescind a loan offer shortly before the scheduled closing if the buyer makes one of the following missteps: 

1. Making a big purchase – Buying property is a big enough transaction. Don’t spoil the chances of your loan going through by purchasing any other items such as a new car or furniture for that vacation home. A big purchase (especially one you plan to finance!) can change a buyer’s debt-to-income ratio. That ratio is what the lender used to approve the home loan. Save those…

How to Minimize Hurricane Risk When Buying a Florida Home

Thinking about buying a second home in Orlando?  The recent news about Hurricane Matthew may have given you reason to think twice about the idea. But purchasing Central Florida real estate is still a smart investment, especially if you buy a home near the theme parks. 

The Kissimmee area, where Walt Disney World™ is located, is right in the heart of Florida. As a result, hurricane warnings and/or occurrences are not as common, nor as severe as in the coastal cities. In case of a hurricane alert, you should have plenty of time to notify the property manager to secure the home if you are not staying there at the time.   

Central Florida typically experiences very minimal damage from any hurricane, no evacuations, and if the power goes out, it’s…

When is the best time to buy a second home in Orlando?

If you’ve been contemplating whether to buy a second home in Orlando, now is an excellent time to do so. Forbes magazine recently rated Orlando #2 in its list of the best U.S. cities to invest in housing in 2016. While rising housing prices and stagnant wages may dissuade first-time home buyers from entering the market, current economic conditions are excellent for investors who want to put their money into rental properties. 

Forbes teamed up with data company Local Market Monitor to compile the Best Buy Cities list. Orlando and the other top cities were cited because they boast healthy job growth, strong population growth, and anticipated home price appreciation. 

Housing prices fell sharply in the Orlando area during the recession as would-be…

How to Know if a Vacation Home or Condo is Best for You

If Central Florida keeps luring you back every year for holiday, you may be thinking now is a good time to put down roots and buy a second home in Orlando. Buying a condo or single family home can be an excellent investment, especially if you acquire a property in an area that’s zoned for short-term rental. This will allow you to rent out your home to vacationers while you’re away, gaining some cash flow in the process

Once you’ve decided to buy a home, the next question you’ll have to ask yourself is what type of vacation home? Should you buy a condo or single family dwelling? That depends on you and your preferences. There are pros and cons for each. Here are some points to consider that should help you make a decision.  

Orlando Condo Advantages:

Why Buy an Orlando Vacation Home at Encore Club

Are you interested in buying an Orlando vacation home at the Encore Club? If you're interested in purchasing a luxury home in a community with amazing resort amenities, this is the perfect place for you. The 350-acre vacation rental community is located within the larger Reunion Resort complex, just five minutes from Walt Disney World. Encore Club will eventually feature 742 homes, of which 225 have already been completed or are under construction. The complex offers five to 13 bedroom luxury pool homes – all zoned for daily rentals, priced from the mid-$300’s. The community's developer recently announced that home owners will be able to start renting out their properties to vacationers, beginning at the end of February, 2016. 

Encore Club Amenities

Community Profile: Emerald Island Resort

Are you interested in buying a vacation home near Walt Disney World?  Purchasing a second home in a community like Emerald Island is ideal for people who take frequent Florida vacations, since you can enjoy all the comforts of home with the same type of amenities found in a 5-star resort.

Emerald Island Resort is conveniently located in Kissimmee, less than three miles from the Magic Kingdom and the other Disney parks. This prestigious, gated and guarded community is situated amidst 300 acres of lush landscaping, including a beautiful nature preserve that’s perfect for long walks, bird watching, and biking.   

Vacation home buyers and their guests enjoy a host of resort-style amenities including:

• Gated entryway with 24/7 security
• 2 Heated…