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Kase — Wed, 04 Apr 2012 00:55:12 +0000

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Kase — Wed, 04 Apr 2012 00:48:26 +0000

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Kase — Sat, 31 Mar 2012 02:44:56 +0000

I want that condo, it’s cheap, but I can’t afford it?

Kase — Wed, 06 Jul 2011 02:30:27 +0000

There are TONS of condo steals in Orlando. I’ve seen gorgeous updated units going for $50,000, and some for as low as even $28,000. During the “boom” of the market, condos became a popular choice among people who wanted to invest in real estate but could not afford a single family residence. There are certain condo communities I remember once selling upwards of $300,000. Today, those same units are listed now for $50,000 or less. Developers were quick to turn apartment communities into conversions. They promised tenants a “great deal” before “prices got too high”, and even presented packaged deals to foreign investors. When the economy started to collapse so did the rental market. Landlords started to become more competitive with pricing in hopes to allure prospective tenants into their units, taking a monthly loss on their typical rental income. During this time it was typical for an investor-landlord to have purchased multiple units in a complex. If they could not afford to lease one of their units to offset their mortgage, they easily fell victim to foreclosure. This was a leading contributing factor to the Orlando condo crisis.

Today, to protect potential buyers from making a poor investment the Federal Housing Administration has put strict rules on the type of complexes that are qualified for what is commonly known as an FHA loan. With an FHA loan borrowers only need 3.5% down to purchase a property. These properties must be in “livable” condition with no exposed wiring, missing flooring, broken windows, etc. You also cannot purchase a home with an FHA loan that exists in a community that the Homeowners Association has a first right of refusal. This is the #1 reason why those beautiful $30,000 condos are left unpurchased (it is also why they are so cheap)! Since the HOA may ask for a credit and background check they are not allowing anyone and everyone the ability to purchase inside their development. This usually makes most of these units only available to conventional buyers (with anywhere from 7% to 20% down) or cash only buyers.

The fact you can’t buy condos FHA is not always because of HOA guidelines either. If a condo development is less than 51% owner-occupied there is a good chance FHA will not be allowed in that community. Insurance coverage and the number of units for sale also plays a factor as well.

Don’t get discouraged. YOU CAN find FHA approved condos in Orlando. Guidelines are always changing for FHA approved developments. That’s why it’s important not only to get pre-approved but to pair yourself with a good Realtor and Mortgage Professional who’s experienced with working the FHA condo market. At $50,000 that’s less than $1,800 you’d need to put down in order to buy your own home. I’ve had many buyers purchase these condos inexpensively and for much less than rent. If you like out more information, fill out the form below!

Looking to buy or sell? Do you just need some Real Estate advice? Have a question for me? Please fill out the form below and I'll contact you as soon as possible.

Kase C. Ellers, REALTOR, CDPE, ILHM

Prudential Florida Realty

Direct: (407) 463-9315
Office: (407) 406-5300
Fax: (407) 406-5301

OFFICE HOURS
Mon - Fri: 8:30 am to 6:00 pm
Weekends: By Appointment Only
Showings: By Appointment Only

IS IT FHA APPROVED OR IS IT NOT … ?

2601 Haulover Blvd. Deltona, FL 32738

Kase — Sat, 02 Jul 2011 15:25:56 +0000

SHORT SALE – Take a look at this fabulous one-owner CUSTOM HOME built by Independence Homes. Large open SPLIT FLOORPLAN, VOLUME CEILINGS, spacious EAT-IN KITCHEN with breakfast bar area and pantry. The Master Bedroom Suite can easily accomodate large furniture. Master Bath features a stand alone shower with his and her sinks. All the bedrooms are spacious with nice sized closets. This home has the PERFECT sized backyard with NO REAR NEIGHBORS!

LOOK WHAT’S ON THE MARKET IN DELTONA LAKES ………..

LOOKING TO SELL YOUR DELTONA LAKES HOME? CONSULT A COMMUNITY EXPERT! CONTACT KASE BELOW ….

Looking to buy or sell? Do you just need some Real Estate advice? Have a question for me? Please fill out the form below and I'll contact you as soon as possible.

Kase C. Ellers, REALTOR, CDPE, ILHM

Prudential Florida Realty

Direct: (407) 463-9315
Office: (407) 406-5300
Fax: (407) 406-5301

OFFICE HOURS
Mon - Fri: 8:30 am to 6:00 pm
Weekends: By Appointment Only
Showings: By Appointment Only

WANT TO SEE OTHER OPTIONS IN THE AREA?

SOLD (IN 11 DAYS) 4314 Lake Underhill Rd. #B Orlando, FL

Kase — Thu, 30 Jun 2011 03:50:55 +0000

SOLD IN 11 DAYS AT TOP MARKET VALUE!!

PERFECT LOCATION, PRICE & AMENITIES! This 2/1 condo boasts 1000 s.f. of space which is a rare find in Downtown Orlando. Plantation Lakes is well established community full of amenities for you to enjoy. HOA dues include lake front clubhouse access w/meeting hall, dance floor & recreation room. Residents can also enjoy fishing, swimming in the olympic-style pool, tennis and more! Your dues also cover BASIC CABLE, exterior maintenance, trash removal & water filtration. This unit has been UPDATED with neutral laminate wood floors, newer a/c, newer electrical panel, NEW DOUBLE PANE WINDOWS (save on your electric) and has been freshly painted. This unit is VERY SPACIOUS. Lots of closet space!! NOT A SHORT SALE OR BANKED OWNED PROPERTY. OWNER IS MOTIVATED. MAKE AN OFFER ON THIS MOVE-IN READY CONDO IN THE HEART OF ORLANDO. Located across from Lake Underhill Park, 408, Conway & 417. RARE TO FIND A CONDO THIS NICE FOR THIS PRICE IN DOWNTOWN ORLANDO! SCHEDULE YOUR PRIVATE SHOWING!

LOOK WHAT’S ON THE MARKET IN PLANTATION LAKE APARTMENTS ………..

LOOKING TO SELL YOUR PLANTATION LAKES APARTMENT HOME? CONSULT A COMMUNITY EXPERT! CONTACT KASE BELOW ….

Looking to buy or sell? Do you just need some Real Estate advice? Have a question for me? Please fill out the form below and I'll contact you as soon as possible.

Kase C. Ellers, REALTOR, CDPE, ILHM

Prudential Florida Realty

Direct: (407) 463-9315
Office: (407) 406-5300
Fax: (407) 406-5301

OFFICE HOURS
Mon - Fri: 8:30 am to 6:00 pm
Weekends: By Appointment Only
Showings: By Appointment Only

WANT TO SEE OTHER OPTIONS IN THE AREA?

Greenbriar at Tuscawilla – Single Family Villas & Single Family Homes in Winter Springs (Orlando), FL

Kase — Wed, 15 Jun 2011 14:18:09 +0000

Driving through the streets of the Tuscawilla Country Club you will find a variety of different homes to choose from. This is why Tuscawilla is so desirable because there is nothing cookie cutter about it. Greenbriar at Tuscawilla is located off Greenbriar Dr. which runs through the Country Club from Northern Way to Winter Springs Blvd.

Entering the community you will think that you are not even in Florida. The entrance due to it’s higher than normal elevation will remind you of communities located in San Fernando Valley, California. Weeping Oaks and Spanish Moss make for an elegant “welcome home” to this great subdivision.

Homes in Greenbriar at Tuscawilla were built from the 1980′s to late 1990′s. The two primary home builders was LeCesse Development Corporation (a national home builder based out of Altamonte Springs, FL) and the more well known D.R. Horton. Both these builders build a great product. The barrel tile roofs and exterior stucco give the homes in this community a Southern Florida esthetic which is rare to find in older communities in Seminole County.

Along with lakes you can enjoy great views of the Tuscawilla golf course. A community pool will serve great to relax during the long Florida summers.
This community is zoned for highly desirable Seminole County schools.

LOOK WHAT’S ON THE MARKET IN GREENBRIAR AT TUSCAWILLA ………..

LOOKING TO SELL YOUR GREENBRIAR AT TUSCAWILLA HOME? CONSULT A COMMUNITY EXPERT! CONTACT KASE BELOW ….

Looking to buy or sell? Do you just need some Real Estate advice? Have a question for me? Please fill out the form below and I'll contact you as soon as possible.

Kase C. Ellers, REALTOR, CDPE, ILHM

Prudential Florida Realty

Direct: (407) 463-9315
Office: (407) 406-5300
Fax: (407) 406-5301

OFFICE HOURS
Mon - Fri: 8:30 am to 6:00 pm
Weekends: By Appointment Only
Showings: By Appointment Only

Parc Du Lac – Single Family Executive Homes in Winter Springs (Orlando), FL

Kase — Thu, 09 Jun 2011 03:48:31 +0000

French for “Park by the Lake,” Parc Du Lac is a quaint subdivision of 15 Executive Homes in Winter Springs right by the corner of Lake Dr. and Tuskawilla Rd. To give even more legitimacy to it’s name you will find that it is located across the street from Little Lake Howell.

It’s location could not be anymore convenient. You are right off Lake Dr. which connects to Seminola Blvd. in Casselberry. That means you have easy access to common access roads such as S.R. 436 and US 17-92. If you were to utilize Tuskawilla Rd., you will find that you are also very close to S.R. 434, Red Bug Lake Rd. and S.R. 426. Not to mention you are seconds away from the well known Tuscawilla Country Club, shopping and highly desirable Seminole County schools.

Engle Homes (Tousa) was the builder for this community. Engle has always ranked high on my list (and my customers) for single-family residential homes. The only drawback to their construction is you can find similar floor plans across Central Florida. Despite a possible lack of “uniqueness” the overall aesthetic of this community is great. The fact you are in such a small subdivision means low turnover and a tight knit community that is hard to come by nowadays.

LOOK WHAT’S ON THE MARKET IN PARC DU LAC ………..

Due to the low turn-over in this community and it’s exclusivity there are currently no available listings through IDX. Please contact Kase below to learn about any offerings in this community.

LOOKING TO SELL YOUR PARC DU LAC HOME? CONSULT A COMMUNITY EXPERT! CONTACT KASE BELOW ….

Looking to buy or sell? Do you just need some Real Estate advice? Have a question for me? Please fill out the form below and I'll contact you as soon as possible.

Kase C. Ellers, REALTOR, CDPE, ILHM

Prudential Florida Realty

Direct: (407) 463-9315
Office: (407) 406-5300
Fax: (407) 406-5301

OFFICE HOURS
Mon - Fri: 8:30 am to 6:00 pm
Weekends: By Appointment Only
Showings: By Appointment Only

Legacy Park – Upscale Townhomes & Single Family Homes in Casselberry (Orlando), FL

Kase — Fri, 03 Jun 2011 16:52:19 +0000

Legacy Park is a community located right in the heart of Casselberry off Seminola Blvd. This community provides homeowners with a great balance of housing choices from sizable townhomes to upscale single family residences. The entrance is gallantly decorated with bright flowers and swaying palms. From afar the community could almost be mistaken to be solely a townhome development but to really appreciate the community you must take a drive inside. Towards the back of the development you will see a variety of traditional-styled single family homes. Legacy Park also features a pool, playground and several sitting areas overlooking expansive ponds. This community is a great place for people looking for new construction in a convenient location, minutes from Maitland, Winter Park and Altamonte Springs.

Centex homes is the primary builder in this community. All across Florida you can find examples of their craftsmanship in similar communities such as Summerport in Windermere and Madison Place in nearby Oviedo. Centex is known for providing cost-effective housing with high-end upgrades. It is not uncommon to see their homes equipped with upgraded kitchens, recessed lighting and other high-end finishes.

These properties are zoned for highly desirable Seminole County schools.

LOOK WHAT’S ON THE MARKET IN LEGACY PARK ………..

LOOKING TO SELL YOUR LEGACY PARK HOME? CONSULT A COMMUNITY EXPERT! CONTACT KASE BELOW ….

Looking to buy or sell? Do you just need some Real Estate advice? Have a question for me? Please fill out the form below and I'll contact you as soon as possible.

Kase C. Ellers, REALTOR, CDPE, ILHM

Prudential Florida Realty

Direct: (407) 463-9315
Office: (407) 406-5300
Fax: (407) 406-5301

OFFICE HOURS
Mon - Fri: 8:30 am to 6:00 pm
Weekends: By Appointment Only
Showings: By Appointment Only

Stonehurst – Custom Executive Homes in Oviedo (Orlando), FL

Kase — Wed, 01 Jun 2011 03:53:32 +0000