The Orlando Condo Blog

We’ve been asked to enter the FHA Mortgage Center’s Best Real Estate Blogs Contest… Their goal is to highlight some of the great blogs in the real estate industry. Of course, the “best blog” means something different to everyone but we hope you’ll vote for us! There are 3 different categories and the winners will [...]

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One of the most serious misconceptions for potential home buyers right now is the idea that they’ll qualify for a mortgage “no problem”. If you’re an all-cash buyer, you can ignore everything that follows, but if you’re an investor looking to leverage, listen up – because the days of telling your Realtor “Don’t worry about [...]

This week’s OBJ reports that the owners of Orlando’s Palazzo del Lago may be selling their 41 acres of condo hotel entitled land, suggesting that this may be the latest I-Drive project to go belly up. International Plaza dropped it’s sales efforts last year and others are not looking so good – with loans becoming [...]

The Dow Jones Industrial Average and the Standard & Poor’s 500 stock indexes both experienced a slightly better than 4% gain over this past week.  Mortgage bonds (and rates) suffered as a result.  Is this indicating a fundamental change in the direction of the markets?  Yes, we are seeing a change.  But it’s not a [...]

You probably know this by now, but this year is Viagra’s 10 year anniversary – so be on the lookout for some interesting marketing ploys. I hear they are throwing a party – which I’d love to attend, except I don’t do those open air bath tubs – and I like a party to last [...]

It’s best to start with the big-time trends, so here it is: there was surprising stability in the markets this past week. Sure, companies are still experiencing colossal write-downs and credit is still notably tight. However, both the stock and bond markets have been comparably quiet, barring one substantial drop on the Dow mid-last week. [...]

So I speak with buyers on a daily basis, and the vast majority wants to know how the so called “Credit Crunch” will affect them when it comes to buying a home. Have underwriting guidelines gotten tougher, is there really any money available for buyers with less than perfect credit, or heck what if I [...]

If you’ve paid any attention to the Florida real estate market over the last few years you will have witnessed a tremendous roller coaster ride. Unfortunately, the ride is not an enjoyable one for many who bought real estate and got caught with property where prices have dropped below what they paid. It is not [...]

STOP PRESS: 2 one-bedroom lake views purchased at auction have just come back on the list due to buyer being unable to close. One is third floor, one is first floor. These were among the first to be picked up at auction so if you were disappointed at not being able to get a lake [...]