Orlando Real Estate Blog

Today marks the beginning of FLUSA Properties, LLC….we look forward to providing you with the latest in Real Estate news, information and services….if you need anything at all please feel free to contact us.  We look forward to sharing our experiance with you so you can make better informed decisions when you look to sell or buy Real Estate today or in the future…. 

This is a new listing I have and it is located at 1020 Cranberry Drive in Orlando, Fl.  This location is good since it is just outside of MetroWest and close to all the major employers and HWY 50.  This home is a 3 bedroom 2 bathroom with a 2 car garage and fenced back yard.  The house have been completely remodeled and has new carpet and stainless steel appliances.  Downpayment assistance is available to those that qualify and the price is only  $69,900.00! This is WAY below the median sales price for Central Florida.  Great Financing programs are available but you do need to have good credit and a job….no way around that for a while. Call me for your personal tour of the property at  407-595-6306  or email me at ed@flusa.com

  Great tile work….and affordable!

Nothing beats new…and builders want to sell sell sell.  They are currently under some stiff competition from bank owned properties and have been forced to drop pricing. The community that I have found, that I can say, is the best value that I know of is called “Southern Fields” and the builder is KB Homes.  They build big homes at a low price…now you can push the price way up with upgrades…but don’t do that, that is what time and Home Depot are for.

This is amazing…one home is a 5 bed 2.5 bath for only $203,900…that is only $59.00 psf.  Be a real ”playa” and throw another $20k in for a 3 car garage and a patio in the back…even then you are only looking at $65 psf.  And the location is great…in Clermont, Florida just off of 27 and only a mile and a half south of Hwy 50.  It is also surrounded by other more expensive homes which is always a good thing.  This area is also still seeing solid sales… all things considered.  This is an excellent area just outside of Orlando and is a major growth area of Central Florida.  Plenty of new retail development has also taken place over the last couple of years just down the street from this site.

I would be more then happy so send you a full price list and site plan so feel free to call or email me for further details.

We have been looking around for opportunities in the Windermere community of Summerport.  The location is great, the builder was good, and the amenities are just what you would want.  The problem is that most of the homes sold at the peak of the market in mid-2006.  This deal in particular was for a 4 bed 2 and 1/2 bath + bonus room, pool, a conservation view and 3,115 sq ft.  Sold in 2006 for $577,000…the bank agreed to our offer of $265,000 cash after a long waiting period.  During that time we have seen things further deteriorate in the community…the “RESET Button” has been pushed….and unfortunately the “Reset Button” is not the same thing as the “Easy Button”.  This is greater then a 50% reduction in value.  At one point you see a home that looks great and the two beside it have not been maintained at all and look horrible. 

How long will that one guy hold out? Who will bail him out?  At this moment you can buy homes for a lot less then they can be reproduced for, interest rates are low and your dream home is closer to your grasp than you thought possible. The only thing to keep in mind is that if you do buy today, it will take some time for the banks to sell all of the inventory they have coming online and that you will have to look at some sorry lawns for a year or so. The good news is that very little land around this community is available for development due to traffic and school concurrency issues so the competition for reselling these home in the future will be low…if you can imagine that. 

Today we have just contracted on a bank owned house with a cash deal for a 4/2 1960 sf on conservation in a gated community close to the Lake Nona area for $155,000.  This home sold in 2006 for $335,000!  No joke that is more than a 50% reduction.  We have several deal set up to close by the end of the month.  The banks want to get things off of the book prior to the end of the year and now is the time to make it happen.  Our deal is set to close on the 21st of this month…The iron is hot and it is now the time to strike….call or email me to get going.