Lake Buena Vista Condo Hotel – Visa Program

The Lake Buena Vista Resort Condo team was excited to learn that their EB-5 employment based immigration program had been extended until the end of October with very positive news of a three-year extension still being discussed in the Senate.
The little-known EB-5 program is an incredible opportunity for foreign nationals to quickly acquire Green Cards [...]

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Orlando Condo Auctions

The big Orlando condo auction of the summer is coming soon. Three condo communties, one central Orlando auction venue in Altamonte Springs.
As always in this market, cash is king, however there will be in-house seller financing available to those who qualify - unheard of on a condo conversion and a fantastic opportunity for those who have been [...]

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Orlando Condo Auction – The Video!

Here’s the tease. (Turn those speakers up!)
For more detailed info on this summer’s Orlando condo auctions see the post above.

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MetroWest 2/2 Deal – $42,500

Just Out:
2 bed, 2 bath, 2nd floor condo in MetroWest with 9″ ceilings – great community!
Bank owned deal – will go to a cash buyer with a quick closing – multiple offer scenario is likely.
HOA fees $283/month, include water, sewage, trash removal.
Community has all the usual amenities including pool and clubhouse.
Call us for a tour or [...]

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Miriada Condo Foreclosure Deal!

Miriada Condos, Orlando: Hardwood floors, stainless steel appliances, upgraded bathrooms, ceiling fans and convenient for the airport - this condo has FOUR bedrooms, 2 bathrooms, is a 1st floor and end unit, Seperate living/dining rooms, master bath has shower/tub combo, open parking, community pool and tennis courts.
All for under $68,000?! You want low HOA fees? Try $287; you want low [...]

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Enders Place Condos Scheduled For Auction

Enders Place condos, Baldwin Park
is scheduled to go to auction on April 21st 2009, if New York condo conversion firm Lexin Capital fails to pay the $46 million owed to HSH Nordbank AG.
According to the OBJ, Lexin Capital Inc. took over the 220-unit property in Orlando suburb Baldwin Park in 2006 but due to a [...]

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Interview with Steve Kodsi, Orlando Condo Developer

Developers are a unusual and remarkable breed. Condo Metropolis sat down for coffee with one of downtown Orlando’s most influention developers, Steve Kodsi of Historic Creations.
“Steve, with The Sanctuary and Star Tower, Historic Creations has created two of downtown Orlando’s most visible and iconic new buildings. Tell me a little about how these two projects [...]

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Sanctuary Condos Downtown Orlando Blow-out

The Sanctuary condominium downtown Orlando has announced a new condo promotion. On the heels of our recent Sanctuary visit, they have decided to blow out their remaining few Developer units. Details follow. Contact us on 407-290-3408 for a tour!  

Unit 1507~     Spacious 2 Bed/ 2 Bath, with 1970 sf, one assigned parking space and a storage unit on the 15th [...]

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Bella Piazza – Some Amazing Deals

Bella Piazza luxury condos in Davenport (SW Orlando) are doing some incredible blowout deals right now. For those of you waiting on a deal on a second home or holiday villa close to Disney, this is the place to jump on – now. The Bella Piazza developers are releasing a limited number of units at about [...]

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Orlando Lifestyle: The Sanctuary Condos

I took a potential buyer to see a home at The Sanctuary condos, downtown Orlando yesterday, and was reminded of its unique quality and style. With only 175 units in total, it’s one of Orlando’s most exclusive condominiums. It has a brand new diner downstairs and is also home to the condo’s developer, Steve Kodsi
The condo was [...]

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New Dedicated Orlando Condo Pages

To make life easier (particulary for out-of-state and overseas buyers), we’re working on dedicating a page to each of the major condos in Orlando. Here you’ll find photos and floorplans and a quick blurb about each of these popular Orlando condos. You’ll be able to navigate to these new pages directly from the Condo Metropolis home page, where [...]

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Millennium Palms – New Price Structure

How about Foreclosure pricing without the hassle of a foreclosure – and without having to do any rehab?
That’s what the developer at Millennium Palms condos is offering right now. Pricing at the Millennium Palms condos has always been good, but it just hit rock bottom at about fifty cents on the dollar. Here’s the latest price [...]

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Can’t Get A Condo Loan? Try one of These

The last few months we’ve been explaining how impossible it is to get a condo loan these days - particularly on bank owned Orlando condos, regardless of credit score, money down – or job.
Well you’ll be pleased to know there are one or two exceptions – but they’re a rare find.
Condos that are FHA approved or Fannie [...]

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Miriada Condos Closeout

We posted Miriada condos closeout deal towards the end of last year.
Prices have continued to drop and we can now get you a FOUR-bedroom from $89,900! Financing may also be available, together with some closing cost assistance. Contact us for a tour before the last few go!
Upgraded kitches with stainless steel and granite, wine refrigerator and [...]

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Mona Lisa Condo Hotel Files…

Mona Lisa condo hotel just became the latest condo hotel to file for Ch. 11 reorganization after a series of declines in occupancy and rental rates.
Last month World Quest Resort suffered a foreclosure suit as developers struggle to keep their heads above water.
The Mona Lisa condotel is a $70 million, 240-room condo-hotel which opened in early 2008.
Only [...]

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Reunion Resort Sales Offices Close

News comes today that the fabulous Reunion Resort has decided to close the sales office both here in Orlando, and at Hammock Beach. The news yesterday afternoon left their in-house agents suprised -and looking for new work.
According to one source, “Sales were pretty good but we just can’t compete with the wave of foreclosure properties that are coming through the [...]

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55 West’s Future Still Uncertain

After months of negotiations and hints that 55 West condos, downtown Orlando will be partially bought out by a major hotel company, word on the street is that the deal fell through – and they are back to the drawing board.
However in the Orlando Sentinel this morning, Bob Hensley, the developer overseeing 55 West for the Dutch bank [...]

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THE ORLANDO FORECLOSURE BUS TOUR!

FINALLY… SOME GREAT NEWS! 
Yes, we’ve finally caved in to your almost endless nagging and are putting together our first Orlando real estate bus tour – a tour that will take you to see some of the best deals in town!
As ground zero for so much of the recent real estate fall out, there is no doubt that Orlando [...]

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WorldQuest Condo Hotel Resort: Foreclosure Suit

For the developers of The World Quest condo hotel resort near Disney, 2009 is off to a poor start.
Following their failed auction last year, the owners have struggled with sales - as have most of the area’s condo hotels. Now, according to the Orlando Business Journal, Wachovia has filed a foreclosure suit for $31 million.
“The incredible nature [...]

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Orlando Foreclosures – The Deals Are Out There

“Ok, well keep me posted if you see any good deals.”
I hear this all the time from would-be buyers on the phone who are stuck in the mud and never quite satisfied with what’s on the table. These folk never buy, because they’re always wating for something better to come along. “Sure,” I say.
What I [...]

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