The Orlando Condo Blog

Orlando's Real Estate Pulse…

Rent at 55 West Condos – get an iPAD!

55 West Condos, downtown Orlando    Starting Monday: LOOK & LEASE SAME DAY at 55 West — get an i-PAD!   AWESOME specials this week…  2 – 2.5 months free on select units! Not have much left at these prices! $100.00 Moves you in with a 30 day move in! Call Condo Metropolis on 407-290-3408 to [...]

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It’s FinRegMageddon! Repent!

President Obama signed the Dodd-Frank Financial Regulation Reform Act into law Wednesday, be­ginning what will inevitably become a maelstrom of angry lobbying and  political jockeying.  Obama described the 2300 page behemoth as a “common sense approach to long-needed financial regulation”.  I don’t know about you, but ‘common sense’ usually doesn’t need to be explained in [...]

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Condo Sales Rebound

Orlando condo sales are back with condo buyers coming from every corner of the globe to snap up a piece of Orlando real estate.  The following graph says it all. The median price for a unit in Orlando during June 2010 was $52,800, down 3 % from 2009, according to the recently released industry report. Prices were up [...]

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Condo Insurance No Longer A Legal Requirement

New legislation (SB 1196) looks set to help condo buyers during these tricky times. It also encourages bulk buyers of condo inventory by removing some of the liablity previsously associated with such purchases, ie. they will no longer be considered the communities new “developers” for the purposes of lawsuits just because they now own a portion of [...]

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Five Questions to Ask Your Manager about Your Homeowner Association’s Finances

Community leaders should understand the financial wherewithal of the associations they lead.  Unit and Home Owners also have rights to review financial records.  It seems like we hear about theft of association funds more and more these days.  Simply leaving finances in the hands of a manager, bookkeeper or treasurer is not enough.  For some practical ideas how to [...]

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