Remember last newsletter when I said that Orlando was effectively underwater? Well, analysts have one-upped me in a humongous way, boldly stating that half of homes backed by a mortgage are effectively underwater. By their train of thought, homeowners who owe 85% or more of their home’s value are effectively underwater because they lack the [...]
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Question: The HOA manager told me that my swimming suit was not appropriate and that I should wear something that would cover more. I am Brazilian and I was wearing a bikini that is smaller than the others. But there’s no HOA rule that says that Brazilian bikinis are forbidden. The guide only states “proper [...]
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Two bus loads of Canadians invaded MetroWest in search of cash condo deals that most locals just can’t afford. Thanks to the hospitality of the Madison COA management team, they were allowed to run amok around the condominium while they learned about what it takes to pick up a foreclosed condo and other distressed real estate [...]
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“According to the news, real estate is still going to drop by 10% so I’m going to wait.” I hear that a lot. And those folk are losing out big time right now - if it’s a condo they’re after. Because the truth is, if you want to buy an Orlando condo, you’re already too late for the best deals. Orlando [...]
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You thought that real estate investment advice was one of the many services that Realtors offered, right? Wrong. That’s the realm of licensed Federal Securities agents. Because when real estate agents start giving investment advice and those investment strategies don’t work out, guess what… the law suits start to fly. Vista Cay condos near International Drive are [...]
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MetroWest Realty is covering a story this week that ought to be of concern to those looking to purchase at condo conversion projects like MetroWest’s The Element where the majority of the inventory is being held by the developer or a bank – or Receiver. In a very rare move, The Element is reverting back to [...]
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