NEED TO PROFIT FROM BUYING A HOME? CHOOSE FLORIDA

TUESDAY, JULY 23, 2013

Housing Boom is Back with Buyers Flipping for Profits

So, as I was doing a new construction walk-thru at Windermere Terrace with my client yesterday, and it occurred to us that the price of the home my client is purchasing has gone up by $30,000 since he originally went to contract in February- So in a matter of 6 months he will have profited almost 10%.  That $30,000 is pure profit to him.  And mind you, he's not closing for another 6 weeks, which in that time frame the house price is slated to have another price increase (per the City Homes Salesperson).  As we spoke to the new construction sales person, Tracy, he told us stories of other buyers who were simply going to 'flip' the homes they were building and keep the profit- Yup.  The buyers did absolutely NOTHING, but go to contract on new construction at the right time and now they are going to earn a huge profit for doing so. Then today, I see this story in my news feed (see below)- 
Housing Wire News- Home Buyers Flipping Homes Story
If you want to be a new construction flipper- call me.  There are certain areas that are experiencing larger gains than others- and I can help you navigate the good vs. the better.  PLUS you get a rebate from ME, which equals even more profit.  On the "flip" side of this, my client is NOT going to flip the home he's building, even though he is buying it for retirement.  NOPE, he's going to put a pool in with the new construction winnings- something he wasn't going to do be able to do for another year.  He's super happy! 

Orlando Florida's Housing Market Crunch Continues

The market pulse for June doesn't look any better for buyers.  Multiple offers and ALL CASH buyers dominate the market, which fuel the housing prices.  If you are a first time home buyer or even a move up buyer, you are being pushed out of today's housing market.  This is why new construction is such a better medium for home buyers- no multiple offer bidding wars and you get a rebate from ME!

If you are a seller- now is the time.  The forecast for the fall is that inventory is going to loosen up, so you will see prices stabilize.

Orlando Market Pulse - YouTube Video

Foreclosure settlements from the largest home lenders in the US coming to borrows this summer!

If you were in foreclosure in 2009 or 2010 you could be getting a settlement check from your lender! The agreement, reached earlier this year, provides $3.6 billion in cash payments to borrowers whose homes were in any stage of foreclosure in 2009 or 2010, and whose mortgages were serviced by: Aurora, Bank of America, Citibank, Goldman Sachs, HSBC, JPMorgan Chase, MetLife Bank, Morgan Stanley, PNC, Sovereign, SunTrust, U.S. Bank and Wells Fargo. Check the article for details. This won't heal all of your hurt, but ths is VERY exciting news for homeowners who were burned in the process. http://ow.ly/jU7rq