Blog Entries Tagged: Short Sale
Found 4 blog entries tagged as Short Sale.

Are you thinking about buying a second home in Orlando? Investing in real estate can be both exciting and overwhelming. If you choose to rent your property out to holiday guests, that decision adds an element of stress too. 

The good news is that the vacation rental market has grown over the past few years, and the prospects for generating rental income have never been better. More and more vacationers are forgoing the traditional hotel stay in favor of renting luxury vacation homes. 

Here are a few common mistakes to be aware of so you can minimize your risk while maximizing your profits for your Orlando vacation home.

1. Not Sticking to a Plan and Budget – It’s important to do your homework before you make any offer on a property. Research the…

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Home buyers who search for vacation homes in Orlando may occasionally come across a property that is listed as a short sale. This type of property may turn out to be a good investment. But it’s important that you understand what the short sale process involves, and whether it makes financial sense for you.

What is a Short Sale?

A homeowner who is struggling to make mortgage payments may decide to use a short sale as a way to avoid foreclosure. The homeowner sells the house for less than the amount owed on the mortgage. And as a result, the lender doesn’t get all of its money back. This usually happens when a home’s value falls, and only occurs with the lender’s permission.

The bank does not own the property in a short sale. But it must approve the…

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ORANGE TREE

16045 MAGNOLIA HILL ST, CLERMONT

Charming home located on a lushly landscaped lot in Orange Tree. Entertain in this fabulous split floor plan with open living, dining & kitchen concept. Kitchen finishes include raised panel white cabinets and ceramic tile flooring. Relax on your screened lanai w/ceiling fans overlooking peaceful views of pool & private backyard. Spacious master retreat includes a spa-like master bath w/spacious garden tub, separate shower, and a large walk in closet. Located just minutes from Disney property, with easy access to all the attractions, shopping, restaurants and other major thoroughfares. Community includes tennis courts…

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