Like what you have been reading here? Subscribe now and receive email updates of our articles.

Menu

Syndicate this blog

Most Popular

The Pros and Cons of Building Vs Buying a Home

June 19th, 2017 by tisner

If you are in the market for a new home, you may have already begun to ponder whether you should build your new home or buy your new home.  There are many good reasons to go either way.  Below is a list of pros and cons of building vs. buying a home for your consideration.

  1.  One pro of building a home instead of buying is that you can customize the home to be exactly what you are looking for.  There will be no need to go in and change things once you move in because the home will already be build to your liking.  A con of building a home to get everything you wish for is that the price may be out of your comfort zone.
  1. A con to building your home instead of buying your home   is that picking every little thing out can quickly become a daunting task.  When you build your own home you will be picking out things you never thought much about such as door knobs and ceiling fans.  If you like to pick things out and you don’t mind spending time doing so then this may not be a problem for you.
  1. If you want things done quickly and you like instant gratification then buying a home may be better for you than building one.  Typically when you set out to build a home you have a time frame you plan to finish it in that doesn’t work out quite like you planned.  If you are an impatient person you may want to just buy a home and fix it to your liking or better yet just buy a home that is everything you’re looking for.
  1. A con to buying a home can sometimes be location.  If you love the home but you don’t like the neighborhood then buying may not be right for you.  When you build you will be able to build on land that you purchase and love.

These are a few pros and cons to building vs. buying a home that can get you starting thinking a little bit deeper about what you want to do.   Buying or building  a home is a big decision no matter which you choose, so be sure to think about every possibility before you begin.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Windermere Real Estate Market Report for May 2017

June 15th, 2017 by tisner

The Windermere Real Estate Market Trends Report shows the average sales price was $516,865 in May 2017 compared to $469,301 in May 2016. Homes were on the market for an average of 78 days compared to 73 days last year. Homes sold for 97% of the list price.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Kissimmee Real Estate Market Report for May 2017

June 15th, 2017 by tisner

The Kissimmee Real Estate Market Trends Report for 34741 shows 65 homes sold in May 2017 up from 50 in May 2016. The average sales price was $183,966 compared to $132,855 in May 2016 and homes were on the market an average of 61 days, up from 43 days in May 2016.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Celebration Real Estate Market Report for May 2017

June 15th, 2017 by tisner

The Celebration Real Estate Market Trends Report for 34747 shows 138 homes sold in May 2017 compared to 111 in May 2016. The average sales price was $281,616 compared to $278,128 in May 2016 and homes were on the market an average of 103 days, up from 96 days in May 2016.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

The Impact Your Interest Rate Makes

June 9th, 2017 by tisner

The Impact Your Interest Rate Makes [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Interest rates have come a long way in the last 30 years.
  • The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget.
  • Interest rates are at their lowest in years… RIGHT NOW!
  • If buying your first home, or moving up to the home of your dreams is in your future, now may be the time to act!

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

The Ultimate Guide to Solar Energy in Orlando Florida

May 24th, 2017 by tisner

With Florida on record as one of the sunniest states in the United States, logic follows that it’s also a key player in the solar energy industry. With solar jobs soaring and the sunlight flowing, The Sunshine State is definitely a hot spot for solar production.

A natural tourist destination, not only for its amusement attractions, but also for its weather, Orlando, Florida has seen substantial growth in solar interest in recent years. With a total of 236 days per year with sun, and solar energy installation prices significantly dropping every year, Orlando is prime real estate for solar energy generation.

Annual Climate

An average of 5.5 sun hours per day and 65% of the days being sunny per year, if you live in Orlando and are interested in installing solar panels on your home, you’re in luck. Some of the top solar companies in the industry are operating in your hometown. Not only is the price right (or better than it was a mere five years ago), but the incentives and rebates for installing solar panels on your home abound. Though it may seem like a lot of money up front, you’ll be rolling in energy savings in no time. And the less you have to rely on the grid for energy, the less money you’re shelling out to power companies per month.

Benefits of Going Solar in Orlando

You’ve seen the uptick of solar panel installation around Orlando. And, you’ve heard that even Disney World is partially powered by solar energy. Surely there are benefits to going solar. . .right? Absolutely! Being one of the sunniest cities in the nation, if you live in Orlando and are thinking about solar energy, consider this:

  • You can significantly limit your dependence on utility companies. Some people cut out the need for the utility companies all together.
  • Don’t be frightened by the cost. Instead, consider the return on investment in just a few short years. Most homeowners who install solar panels in their homes can expect an average of a 20% return on investment.
  • Your property value will instantly increase.
  • You’ll directly be contributing to reducing your carbon footprint through the use of clean energy.
  • On a larger scale, you’ll play a key role in the United States’ reduction on reliance on foreign oil. Needless to say, you’ll play an indirect role in benefiting the economy, the job market, and economic stability.

What Can You Expect to Save?

If you’re an Orlando resident and thinking of installing solar panels at your home, the great news is that you’ll start saving a significant amount – nearly $730 in the first year (approximately $60 per month)  – off your electricity bill. Even better than that? The amount you save will only increase year over year. On average, for Orlando residents,  yearly savings with solar energy systems is $1,100 per year.

Let’s take a look at an example. The average size of a residential solar system is 5 kW and the average cost of this size system is a little over $16,000. Based on average electricity costs in Orlando, available tax credits, loan options, and rebates, you’ll get nearly $5,000 back in the first year alone. Let’s face it, there aren’t many incentives like that around. Couple that with the fact that you’ll constantly be saving money each year until your system is paid off, and that once it’s paid off, you’ll be experiencing pure profit, and solar energy sounds pretty promising!

Driving Down Your Costs

Let’s break it down a little more. If you’re an Orlando resident, what kind of rebates and credits are available?

$9,409 Federal Tax Incentive
  • The Emergency Economic Stabilization Act of 2008 allowed for a 30% tax credit for installation of a solar energy system for all systems placed in service by December 31, 2016. Even though this rebate had recently expired, the federal government introduced an extension until December 31, 2019.
  • The Florida Renewable Energy Technologies and Energy Efficiency Act provides state-level rebates and incentives for installation of a solar system.
  • The Orlando Utilities Commission offers a rebate up to $900 for installing a solar energy system in your home.
  • If you are a Florida resident, you are exempt from paying state sales and use tax on your solar energy systems and related products.
  • You are eligible for an up to $1,000 rebate from select power companies.
  • Lastly, net metering is allowed within the state of Florida. Living in Orlando, installing a solar system, but still opting to be connected to the grid? That’s great news for you. Any unused solar energy generated from your personal system can be fed back into the grid and the utility company will give you credit for the solar power. What does this mean? Even if you use power from the grid, your monthly utility bill could be $0 based on energy credits provided by your local utility company.

Orlando Solar Companies

It’s no doubt that Orlando has experienced a boom in the number of available solar jobs. Some of the highest rated solar energy companies in Orlando, according to Yelp, include:

  • Everything Solar
    • “Turning Daylight into Dollars” is this company’s logo. A licensed Florida solar company, this full service technology company has been designing, servicing, and installing solar systems for over 20 years in the greater Orlando area, including Volusia, Orange, Seminole, Osceola, Lake and Polk counties.
  • Superior Solar
    • Specializing in solar electric, solar pool heating, and solar hot water, this Central Florida company claims to “shrink your energy bills” and was named as the #1 Solar Contractor in Central Florida by Solar Power World.
  • Simply Solar Services
    • This Florida-based, design-build firm specializes  in Solar Power for commercial and residential applications, offering innovated and tailored designs plus accurate installations.
  • Universal Solar
    • This company is dedicated to helping you save money and helping the environment. Universal Solar specializes in residential and commercial solar systems, including solar electric, solar hot water, and solar heating for pools. They serve all of Central Florida – Orlando, Kissimmee, Windermere, Mt. Dora, Sanford, and beyond.
  • Bob Heinmiller Solar Solutions
    • Orlando Florida’s Solar Solutions provider, Bob Heinmiller has over 20 years experience as a licensed and insured Air Conditioning and Electrical Contractor serving the greater Orlando area and is also an authorized installer for Solarworld solar products for homes and businesses.
  • Solar-Ray Inc.
    • Solar-Ray Inc. is the only NABCEP accredited photovoltaic installation company in FLORIDA! And one of only 6 in the USA.

However, if you’re not satisfied with this selection, know that there are 20+ solar companies servicing the Orlando area.

In general, the use of solar energy can benefit Orlando residents in a number of different ways: a.) using solar energy to power your water heater; b.) using solar energy to heat your swimming pool; c.) using solar energy to power your house; and d.) using solar energy to power attic ventilation fans.

While each company is different, most companies will offer a couple of different payment options for installing a residential solar energy system. The most common methods of payment include:

  • Purchasing it outright
  • Financing your system

If you opt to finance your system (which most people do because of the upfront cost associated with paying for your panels), solar loans are a popular option. Similar to a car loan, solar loans are actually the best option to go. The difference? When you pay back a car loan, you are paying down the debt. With a solar loan, you are paying down the debt, but you’re also making money on top of it based on your monthly energy savings. Another great benefit? You still get to participate in all of the available rebates and incentives – having a solar loan does not make you exempt from enjoying those benefits. It’s a win-win situation for all.

By and photo credit: evergreensolar.com/installers/FL/orlando

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

#1 Answer to the Housing Shortage: New Construction

May 19th, 2017 by tisner

#1 Answer to the Housing Shortage: New Construction | Keeping Current Matters

The biggest challenge to today’s housing market is the shortage of housing inventory for sale. A normal market would see a six-month supply of homes for sale. Currently, that number is below four months. This is the major reason home prices have continued to appreciate at higher levels than historic averages.

The good news is that builders are now starting to build more homes in lower price ranges.

Builder Confidence is Up

The Housing Market Index from the National Association of Home Builders (NAHB)reveals that builder confidence increased last month. HousingWire quoted NAHB Chief Economist Robert Dietz about the reason for the increase in confidence amongst builders.

“The HMI measure of future sales conditions reached its highest level since June 2005, a sign of growing consumer confidence in the new home market. Especially as existing home inventory remains tight, we can expect increased demand for new construction moving forward.”

Builders are Meeting the Needs of Today’s Purchaser

Builders are not only jumping into the market – they are doing a better job of matching current demand. The Wall Street Journal recently reported:

“In a shift, new households are overwhelmingly choosing to buy rather than rent. Some 854,000 new-owner households were formed during the first three months of the year, more than double the 365,000 new-renter households formed during the period, according to Census Bureau data.”

The WSJ article went on to say:

“Home builders are beginning to shift their focus away from luxury homes and toward homes at lower price points to cater to this burgeoning millennial clientele.”

The graph below compares 2016 to 2017 new construction sales by price point. As we can see, builders are slowly beginning to shift to prices more favorable to the first-time and non-luxury buyer.

#1 Answer to the Housing Shortage: New Construction | Keeping Current Matters

Bottom Line

There is a drastic need for a larger supply of home inventory to meet the skyrocketing demand. Builders are finally doing their part to help rectify this situation.

by

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Understanding Home Inspection Repair Requests

May 17th, 2017 by tisner

One of the questions I often get from my clients is what reasonable requests from the home inspection are?

The purpose of a home inspection is to find out if there are severe structural or mechanical defects. The issues should be large enough that they could have a significant impact on the use and enjoyment of the home now and in the future. A home inspection should not be to create a punch list that itemizes every minor defect with the home you expect the seller to fix. Remember you are not buying a new home!

When you find a home you want, it is important to pick your battles when it comes to repairs requested. While it would certainly be nice for the seller to fix every little home inspection issue before you put your money down, there are only so many repairs most sellers are willing to commit to – especially in a seller’s market.

Electrical, plumbing, roof, HVAC – these are repairs that you can reasonably expect a seller to take care of under most circumstances. But there are some repairs that sellers will push back on in many cases, repairs that you should avoid asking for if you want to make it through to closing.

Home Inspection Repair Requests To AVOID

  1. Cosmetic issues

    A deck that needs staining, paint touchups or repairing a cracked tile may catch your eye and bother you a bit, but they are not the kind of problems that need dealing with right away. Cosmetic issues are at the top of the list to avoid asking a seller to fix.

  2. Anything under $100

    Minor issues under a hundred dollars to fix are definitely home inspection repair requests a buyer shouldn’t make! Problems that arise from repair requests are not always about the financial cost, however, this is taking being nit picky to the extreme.

  3. A window with a failed seal

    Failed window seals are quite common in homes. If there are a significant number of windows that need replacement, account for that in your offer up front. Don’t ask for something to be fixed that you clearly noticed before making your offer or was disclosed up front.

  4. Renovations you are planning

    It is important to remember that the seller is not responsible for preparing your dream home. Avoid asking for repairs that relate to your planned renovations. Doing so will put the sale at risk, which is unnecessary since you are just going to renovate anyway.

  5. Loose fixtures, railings, and similar issues

    A loose doorknob, light fixture or railing on a deck or stairwell may be annoying, or even potentially unsafe, but these problems are also often fixable with basic hand tools and a little effort. If you can’t fix it yourself, you can hire a contractor to fix the problem for a reasonable price.

  6. Minor water damage

    If the water has caused significant damage, the inspector will let you know, and you can request appropriate repairs. But if the water damage is merely cosmetic, don’t stress about it. You can fix cosmetic stuff later. One of the more common water stains you will see in a home is in the ceiling over a bathroom. This condition is often caused by either a toilet that has overflowed at some point in time or a kid who left a shower curtain open. Water stains are usually easy to discern whether they are ongoing and still an issue.

  7. Non-functional light switches and sockets

    Flipping a switch that fails to turn on or off a light can be annoying, as can dead outlets, but they are not necessarily signs of the large electrical problems. Avoid requesting repairs for minor electrical issues. Your inspector will inform you if the electrical system in the home is safe to use and up to code.

  8. External buildings – sheds, garages, etc.

    Sheds are prone to rot; garages tend to get dirty. If there are serious issues, it may be reasonable to ask for a fix, but if the shed or the garage looks like every other shed or garage in the neighborhood – that is, less than perfect – it may just be something you are going to have to deal with yourself. It is also likely you were aware of the sheds general condition before submitting your offer to purchase.

  9. Cosmetic landscaping or minor yard problems

    A missing rock from the border of a flower bed, leveling a few bricks in a walkway, trimming the tree in the backyard – other buyers may not care at all about these things, buyers the seller will be happy to work with if you insist on minor landscaping repairs.

What Inspection Items Should Be Fixed?

As mentioned previously, the issues a buyer should focus on asking a seller to repair or replace are significant structural, mechanical, or environmental defects.

These are the substantial home inspection problems. It is reasonable to assume that any buyer would want these items fixed if discovered after a home inspection has taken place. Some of the major home inspection items worth addressing are:

  • Termites or other wood destroying insects.

  • Wildlife infestation like bats or squirrels in the attic.

  • Mold problems.

  • Elevated Radon levels above EPA suggested levels.

  • Lead paint.

  • Well water problems, such as a lack of pressure or volume of water.

  • Major structural issues such as a leaking roof or substandard building violations.

If you are a buyer and are in the midst of negotiating a home inspection above all else be reasonable, especially if you want the home. If you are a homeowner, understand how a seller should prepare for a home inspection. By taking care of most of the issues mentioned, you won’t have to worry about having a stressful home inspection negotiation with your buyer.

Focus on the repairs or improvements that really matter for you and your family!

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Windermere Real Estate Market Report for April 2017

May 11th, 2017 by tisner

The Windermere Real Estate Market Trends Report shows the average sales price was $464,453 in April 2017 compared to $492,117 in April 2016. Homes were on the market for an average of 90 days compared to 103 days last year. Homes sold for 97% of the list price.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

 

Kissimmee Real Estate Market Report for April 2017

May 11th, 2017 by tisner

The Kissimmee Real Estate Market Trends Report for 34741 shows 34 homes sold in April 2017 down from 53 in April 2016. The average sales price was $160,538 compared to $135,880 in April 2016 and homes were on the market an average of 54 days, down from 77 days in April 2016.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Teri Isner, CIPS, CRS, GRI
Keller Williams At-The-Lakes
66 Riley Road
Celebration, Fl 34747

This site is proudly sponsored by Orlando FL Real Estate Kissimmee and Celebration
Copyright © 2008 Orlando FL Real Estate Kissimmee and Celebration | All Rights Reserved. Sitemap