Central Florida real estate happenings

Jun 08

Central Florida real estate happenings

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Email from Sand Dollar Realty Group, Inc.:

What’s new in Central Florida real estate

Lots of interesting things happened in the last couple of weeks. Florida’s Governor Crist signed off on the state budget recently and several positive items were passed.

(1) The cost of an eviction count 1 was reduced to $180. While still high, it is better than nothing.

(2) The studies to fund the Wekiva Basin septic system research were approved and the Department of Health was restrained from moving forward with implementation and forcing people to put in the ultra-expensive systems until after the studies are completed – probably sometime in 2010. More details below.

(3) The State of Florida is offering a bridge loan to apply the $8000 first time home buyer tax credit directly at closing. Additionally the U.S. Department of HUD has also authorized several buyer closing costs to be credited at closing with this tax credit. The details on this are still coming out so make sure to contact a competent mortgage broker to get all the facts. NO MONEY DOWN IS BACK, SO MAKE SURE TO TELL EVERYONE YOU KNOW.

The Orlando Sentinel recently reported that tax assessed values in both Orange and Seminole Counties are way down for 2009 even though many budgets have doubled and tripled in recent years. So expect to see many cities and counties raising millage rates and all sorts of fees in the near future. It is time for all of us as citizens of Central Florida to take a stand against out of control government spending. Millage hearings typically start happening in September so be ready if you want to protest your values.

Good things are happening. Sales continue to be strong for May. The Realtor sales numbers should be out later this week and we will make sure to post them for all to see when they are released.
Below are the latest articles on www.SandDollarBlog.com this week. Feel free to post any ideas or comments. Thanks for reading.
Great Central Florida home deals we sold in May 2009

Central Florida tax assessed values way down for 2009

Wekiva Basin Septic issue postponed for further studies

The Tricks and Traps of Buying bank owned REO properties – Part 4
In this market, you want an experienced full-time Realtor(R) on your side that has the knowledge, the ability, and the resources to keep you profitable. Put our team to work for you.

- Full service realty office. We can handle any aspect of a transaction from contract to closing including short sales, lender REO’s, seller financing, subject to deals, lease option/lease purchase, creative financing, contract assignments, and more.

- Flat fee MLS listings – investor discounts. Available in most areas of Florida. List your short sales in the MLS with us. Signs, electronic lockboxes, virtual tours, comparative market analysis, and free pricing & marketing advice available.

- Member Better Business Bureau of Central Florida. In business since 1996. Veteran real estate broker at your disposal.
Sincerely,

Rob Arnold, ABR, CPL, CRB, CSP, GRI
Owner and Managing Real Estate Broker
Full service and investor friendly Realtors(R)
Sand Dollar Realty Group, Inc.
Sand Dollar Referrals, L.L.C.
Office: 407-389-7318 Toll Free: 1-877-389-7318

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