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Saturday, January 31, 2009
Thursday, January 29, 2009
Purchasing Foreclosures – Home Inspection
In reference to the (parenthesis) portion of my previous blog about obtaining a home inspection on a bank owned property, it is important to note that you can still order and complete a home inspection, but the contract itself will not be contingent on the results of the home inspection.
It is important to adhere to all the deadlines in your contract with regards to obtaining a home inspection. Once the inspection is completed, you will want to provide to the Seller in writing your acceptance of the inspection.
Monday, January 26, 2009
Purchasing Foreclosures
A foreclosed property simply means the bank has taken over the property from the previous owner. The bank is now in possession of the property and in most cases hires a Realtor to market and sell the property.
These properties are usually purchased As/Is. Because the bank has not owned the property in most cases they will not provide you a copy of Sellers Disclosures. It is prudent that a buyer hire a licensed home inspector to thoroughly inspect the property. (Please note: Some banks may not make an offer contingent on a home inspection, so it is important to read any bank addendums and/or contracts thoroughly). In most cases however, the bank will allow the offer to be contingent on a home inspection. Typically you must complete these inspections within 7 to 10 days after acceptance of the offer.
For more information please visit my website at: www.DestinationCentralFlorida.com
Wednesday, December 17, 2008
Appraisals / Market Analysis
It is important to work with a Realtor in the market in which you are looking to buy a home.
Once you have located a home you are interested in, it is important to understand the current value.
When financing a home, the lender will order an appraisal. However, if you are paying CASH for a home, I will still advise you to pay for an independent appraisal to ensure you are not paying too much for the home.
When preparing an offer we can write the offer subject to a satisfactory appraisal. This will allow you, the buyer, an opportunity to re-negotiate or to cancel the contract if the appraised value does not at least equal the contract sales price.
Contact us at our Home - www.destinationcentralflorida.com/
Saturday, October 11, 2008
Short Sales (Buyers Perspective)
One thing to understand about short sales is that many facets of the transaction are determined by the Sellers Lender. Such as the final purchase price, timeframe for acceptance of the offer, the closing date to name a few.
It is important to work with a Realtor that understands the process and can walk you step by step.
I have worked with many buyers purchasing short sales. Short sales may also be in a pre-foreclosure or foreclosure situation, depending on the seller’s situation.
Visit us at our Home - www.destinationcentralflorida.com/
Tuesday, January 1, 2008
About us
I am a native Floridian and a graduate of The University of Florida with a Bachelor's Degree in Business Administration.
For just shy of three years I worked with one of our nation's largest builders, DR Horton Homes. During selling over 35 million dollars worth of new homes, assisting over 300 domestic and international customers. I now work with Keller Williams Realty located in Celebration, Florida.
My experience includes new and existing homes; relocation, short-term rental, vacation, and investment properties.
About Jaime:
I was born in Puerto Rico and moved here when 6 years old. My family moved to Kissimmee in 1980. I received my undergraduate degree from the The University of Florida with a Bachelor's in Microbiology. I then went on to attend Chiropractic School in Marietta, Georgia where I graduated in 2001 with a Doctorate of Chiropractic.
I relocated back to the Kissimmee area where I have practiced as a Chiropractor since 2001. I have always had a passion for Real Estate and received my Real Estate License in 2006. I am now excited to be working with my wife forBuyers and Sellers in the Central Florida Area and abroad!