Orlando Property Management Company and Real Estate Broker

For Buyers

four Tips to Sell Your Home Faster

Since June of a year ago, we have seen an increase in the inventory of homes for sale month per month. Each spring and summer, the inventory increases because people want to market their home. For those with children, they may want to be in their new home for that beginning of the school year. If you are one of those retailers, you may find these 4 tips helpful in getting...

Now’s the Time to Move-Up and Upgrade Your present Home!

Homes priced at the top 25% of the price range for any particular area of the country are considered “premium homes. ” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners attempting to upgrade from their current house. Much of the particular demand for housing over the past couple of years has come from...

Can be Mortgage Debt out of Control?

The housing turmoil of the last decade was partly caused by unhealthy levels of mortgage financial debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity circumstance (where their mortgage was greater than the value of their home). As a result, they walked...

Top 5 Reasons You Should NOT FSBO

Rising home prices in conjunction with a lack of inventory in today’s market may cause some homeowners to consider trying to sell their home on their own (known in the industry as a Fsbo ). However , a FSBO might not be a good idea for the vast majority of sellers. The top 5 reasons are given below: 1 ) Online Strategy for Prospective...

Millennials Are Increasing the Demand for Condominiums

When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, “ Last year about 43% of all condo home-purchase mortgage applications were...

Know What to Expect at Your Home Inspection

So you made an  offer and it was accepted. Now, your next task is to possess the home inspected prior to closing. Realtors oftentimes make your offer dependant on a clean home inspection. This backup allows you to renegotiate the price you paid for the home, ask the sellers to hide repairs, or in some cases, to walk away. Your agent can advise you in the best...

People in america Rank Real Estate Best Investment intended for 6 Years Running! [INFOGRAPHIC]

Some Highlights: Real estate offers outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years. Stock owners are more positive about real estate than stocks and shares as an investment. Of the 4 listed, real estate is the only investment you can also live in!...

five Reasons to Sell Your House This Summer

Here are 5 compelling reasons listing your home for sale this summer makes sense. 1 . Demand Is Strong The latest Buyer Traffic Index from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, prepared, and able to purchase… and are on the...

Before You Look for Your Dream Home: Know What You need vs . What You Need!

On this day and age of being able to shop for anything at all anywhere, it is really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for quite a while now, you’ve probably come up with a list of things that you’d LOVE to have within your new home. Many new homebuyers imagine about...

Why Is So Much Paperwork Required to Get a Mortgage?

When buying a home today, why is there so much paperwork mandated by the lenders for a mortgage loan application? It seems like they need to know everything about you. Furthermore, it requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and family that the process was a hundred times easier when they bought their...

What You Need to Know About Private Mortgage Insurance (PMI)

Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance (PMI). What is PMI? Freddie Mac defines PMI as: “An insurance policy that...

Having a Professional on Your Side Makes All the Difference!

In today’s fast-paced world where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, the addition of more information causes more confusion. Shows like Property Brothers, Fixer Upper, and dozens more on HGTV have given many a false sense of what it’s...

Young First-Time Buyers Are Saving for Their Dream Homes

Young buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours searching listings and building Pinterest boards of their favorite home features. According to a survey from Open Listings, 70% of single renters are more likely to...

4 Reasons to Sell This Summer [INFOGRAPHIC]

Some Highlights: Buyer demand continues to outpace the supply of homes for sale. This means that buyers are often competing with one another for the few listings that are available. Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Now may be the time for you and your family to move on and start living the life you desire! You might also enjoy reading......

Stop Wondering What Your Budget Is & Get Pre-Approved!

In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. Even if you are not in an incredibly...

58% of Homeowners foresee a Drop in Real Estate Values | Orlando Property Manager

Our orlando Property Management Team at Morgan Property Solutions recently reviewed the Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within the next 2 years. After what transpired ten years ago during the Real Estate recession, understand the concerns Americans have about the current increase in home prices....

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4 Tips for Effectively Making an Offer

So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!Freddie Mac covered “4 Tips for Making an Offer” in their latest Executive Perspective. Here are the 4 tips they...

Do You Know the Cost of NOT Owning Your Home?

Do You Know the Cost of NOT Owning Your Home?

Owning a home has great financial benefits, yet many continue renting! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed.Zillow recently reported that:“With Rents continuing to climb and interest rates staying low, many renters find themselves gazing over the homeownership fence and wondering if the grass...

3 Reasons the Housing Market is NOT in a Bubble

3 Reasons the Housing Market is NOT in a Bubble

With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago.Last decade, demand for housing was artificially propped up because mortgage lending standards were way too lenient. People that were not qualified to purchase were...

Gallup: Real Estate is Best Long-Term Investment 4 Years Running | Orlando Property Manager

Gallup: Real Estate is Best Long-Term Investment 4 Years Running | Orlando Property Manager

Every year, Gallupsurveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.For the fourth year in a row, Real Estate has come out on top as the best long-term investment! This year’s results showed that 34% of Americans chose real estate, followed by stocks at 26%. The full...

signals

Inventory Shortages Are Slowing Down the Market

The real estate market is moving more and more into a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year that the housing market races forward again.However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. While buyer demand looks like it will...

move up your dream

Is 2017 the Year to Move Up to Your Dream Home? If So, Do It Early!

If you are considering moving up to your dream home, it may be better to do it earlier in the year than later. The two components of your monthly mortgage payment (home prices and interest rates) are both projected to increase as the year moves forward, and interest rates may increase rather dramatically. Here are some predictions on where rates will be by the end of the year:Freddie Mac“While full...

how much house cost

Do You Know the Cost of Waiting? [INFOGRAPHIC]

Some Highlights: The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, while home prices are predicted to appreciate by 4.9% according to CoreLogic.Waiting until next year to buy could cost you thousands of...

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