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Orlando Florida Vacation Home What You Need to Know


Orlando Florida Vacation Home What You Need to Know

 

Windsor Palm Orlando Florida Vacation Community

 

 

Before you buy your Orlando Florida Vacation Home what do you need to know?

 

Will you be wanting a second home just for the family and fun or will you want to earn income from your Orlando Vacation home?

 

Important questions you need to answer before you get started.  Why?  If you want to own a second home or Orlando Vacation home where you purchase this home may depend on how you answer these questions.

 

The answer is zoning..so you are asking yourself what does zoning have to do with it?

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Posted on 2008-02-25 @ 9.04:21 am by Teri Isner
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A Greater Orlando Luxury Real Estate Auction


A Greater Orlando Luxury Real Estate Auction

 

Real Estate Auctions in Orlando Florida

Keller Williams has now set up an auction division called the  Luxury Auctions International division.  This successful sales plan was started by Gitta 's Real Estate Team of Keller Williams Heritiage Realty this service and is open to all Keller Williams agents who have luxury properties starting at $500,000. 

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Posted on 2008-01-19 @ 1.52:11 pm by Teri Isner
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Orlando Florida Buyers Ask How can we come up with down payment dollars?


Orlando Florida Buyers Ask How can we come up with down payment dollars?



Orlando Florida Buyers Ask How can we come up with down payment dollars?

Orlando Florida Buyers have asked how can I come up with a down payment if I don’t have much of a savings? Hopefully you have saved some for closing costs but with most 80/20 loans going away or requiring a higher interest rate now there are still options.
 

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80/20 means you take out two mortgages one for 80% and one for the downpayment of 20%. Usually the second is at a higher interest rate than the first. If this is not an option where else can you find down payment dollars?

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Posted on 2007-10-17 @ 12.21:54 pm by Teri Isner
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Florida Mortgage | Fixed Rate with Interest Only


Adjustable Rate Mortgages (ARM) are not very unpopular right now thanks to the media bashing them.

Adjustable Rate Mortgages (ARM) are not very unpopular right now thanks to the media bashing them.  To make things worse, they currently (August 31, 2007) have higher rates than Fixed Rate Mortgages.   This poses a problem for people that want a lower payment but now are demanding the secure rate of a Fixed Rate Mortgage.  

The answer to this problem is found in Hyrbid Mortgages.  These loans combine the security of a long-term rate with a lower payment in the early stages of the loan.   

My favorite Hybrid Mortgage program is a 30 year Fixed Rate with 10 years or 15 years of Interest Only.... hence the Hybrid moniker.

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Posted on 2007-09-05 @ 10.30:53 am by Teri Isner
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What is a 1031 Tax Exchange?


What is a 1031 tax exchange? And how can it help you?

And how can it help you?

Orlando Florida | 1031 process

A 1031 Tax Exchange is a way to defer taxes when purchasing a property.  Some reasons to change or swap an old property for a newer property vary.  As Real Estate Professionals we know the basics about tax-deferred exchanges, but you should consult with your financial professional to explain and map out your plan for using a 1031 Tax Exchange before you engage in a Real Estate Transaction.  There are many rules and regulations on a 1031 Tax Exchange and if they are not followed exactly you could be liable for taxes.  Basically you should never have to pay income taxes on the sale of property if you reinvest the proceeds in like-kind property.

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Posted on 2007-08-20 @ 8.48:17 am by Teri Isner

Teri Isner, CIPS, CRS, GRI
Keller Williams At-The-Lakes
215 Celebration Place Suite 500
Celebration, Fl 34747

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