Orlando Condo Auctions Heat up

Auctions, auctions everywhere, nor any loan to buy. This is the home buyer’s version of the Rhyme of the Ancient Mariner.
But cash buyers are having a bonanza. The Artisan Park / Celebration auction was a success with all units sold almost before the last car had found a parking spot.
Now, with Orlando’s condo inventory dwindling [...]

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Artisan Park Condo Auction – Celebration

It’s one Orlando condo auction after another these days. At the end of August, we have the 3-community condo auction for Cascades, Oxford Square & Audubon Villas, but before that, if you’re out for something a little more upmarket, consider the condo auction at Artisan Park in Celebration. These condos used to retail in the high [...]

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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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Downtown Orlando Condo Deal at The Metropolitan

The Metropolitan condos, downtown Orlando
Just came across this one: beautiful 1300 SF 2/2 condo – just 7 days on the market. Priced by the bank at just $125K – but expect multiple offers (see also today’s HeraldTribune story).
“The Metropolitan was renovated in 1993. Beautiful condo on 4th floor overlooking pool and view of Lake Eola. Move [...]

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Foreclosures are for cash buyers!

I hate to beat a dead horse, but… each day we get folk calling in on Orlando condo conversions – foreclosed –  that cost under $50K – and they want to finance them. When we tell them it will be very difficult, we get the “Oh that’s not a problem - I have a great credit score [...]

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Orlando Top Ten Real Estate Deals

Condo Metropolis in conjunction with Orlando Real Estate Pros are now producing Orlando’s “Top Ten” real estate deals for a zingy new, nationwide real estate website called, yes… Top10RealEstateDeals.com
Each month, we’ll be selecting the best of Orlando’s real estate deals and will bring them directly to this new listings site.
These opportunities represent just a few of the [...]

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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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Orlando Real Estate: Multiple Offers Are Back!

Multiple Offers are soooo 2006… Well if you think so, take a deep breath because while it might seem ludicrous to make an offer on an Orlando condo – or any other home, if it means competing with another buyer, things have started to change. In the last few weeks, there has been a sharp rise [...]

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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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Orlando Home Auction

Not a condo, but – you could pick it up at a condo price!
Lake Melrose Dr 
Orlando, FL  32829
(East of downtown)
Description
4BR 2.5BA 3778sf+\- single-family. Gorgeous home, open and spacious floor plan on a private conservation lot with beautiful landscaping. Tasteful upgrades, pool, huge upstairs bonus room. Study/office off the master suite. Extensive hardwood floors, private gated neighborhood close [...]

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Another Orlando Home Auction

Hot on the heals of the last Orlando home auction comes the latest in a series of opportunities to acquire Orlando property on the cheap – and not just condos.
Set your alarm clock early on Saturday December 6th 2008 because check-in at the Marriott starts promptly at 8:00am – and the hammer starts hammering at 9:30am.
Open [...]

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Auction sets new standard for pricing in Reunion and Bella Colina

The Auction we hosted last Saturday, though a rude awakening for Banks, Builders and Sellers, proved to be a tremendous purchasing opportunity.  With luxurious properties and prime lots selling for 25-50 “cents on the dollar”, well below replacement costs, the lucky bidders just couldn’t go wrong.
 
Several of the high bids did not meet the reserve [...]

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Orlando Condo Auction – November 22nd

As this weekend’s auction winds down (see results above), Condo Metropolis is ramping up for another Orlando condo conversion auction scheduled for later this month at the World Center Marriott Resort.
Villa Valencia has 142 condominium units that will be up for auction. For those that don’t know it, the complex is on the east side of town near State Roads [...]

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Mirabella Condo Residences: Now FHA Approved

Mirabella residences near Disney are now FHA approved – and they’re one of only a few condo conversion developments in the Orlando to have accomplished this. So what exactly does that mean?
Here are a few notes from the FHA’s FAQ page:
FHA-insured loans offer many benefits and a level of security that you won’t find in other [...]

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Miriada Condos Closeout from $75K

Miriada condos are just 10 minutes from Orlando International Airport and are offering special financing through Wells Fargo. Call us for a tour and you will also get up to 5% of the purchase price for closing costs, HOA dues or mortgage rate buydown!
Kitchens have granite, stainless steel appliances with wine refrigerator and more included.

Call [...]

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NY Condo Contract: No Obama, no Deal!

This just in from our friends at CondoDomain:
Deal or no deal?
Well that all depends on who wins the election. At least for one New York condo buyer, who says if Obama doesn’t win then he doesn’t want the condo. It’s in the contract. You’ve gotta love it.
And you can’t blame him.
See the original article at Bloomberg.com.

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Millennium Palms A Steal

We’ve put Millennium Palms condos out out there a few times over the last couple of years because it’s always been priced below the competition and despite the neighborhood not being the most expensive in town, the pricing and comprehensive upgrades make it trememdous value for money.
Now, in an effort to sell out the developer [...]

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