January 2009


♥wigglesquiggle♥


I’m looking to start a career in real estate, but I’m not sure where I should start. My main interests are buying and selling houses/condo’s and fixing them up/decorating. I love looking at houses and seeing the potential in them and making them comfortable and liveable. So where should I start? Any advice would be greatly appreciated.

Joe


The bank insists I put the house up for a short sale before they agree to allow me to deed it back in lieu of foreclosure.
Do I have to pay the real estate commission if it is sold in a short sale?

Ken Marlborough




The Orlando, Florida real estate market attracts buyers from all over the world. Even in the wake of hurricanes, the real estate market continues to show phenomenal growth in this area. Not only is the real estate market strong, Orlando also has a strong job market and continues to hold a ready supply of housing in varying price ranges. Although interest rates have risen slightly, the low interest rates continue to contribute to Orlando’s booming housing market. The annual interest rate for a 30-year fixed mortgage continues to hover around 6%. The fact is, Orlando is seeing – and will continue to see – record breaking real estate sales.

As a matter of fact, Orlando currently is the fourth hottest real estate market in America. Those individuals with money to invest are doing so in Orlando because the area offers huge opportunities to purchase property and then rent it out to the millions of tourists who come to Orlando for its many attractions – including Disney World.

Wealthy investors also enjoy the reasonably priced luxury homes that are available in Orlando. They start at around $750,000 and can go as high as $3.5 million or more. This may sound steep, but compared to what you would spend in Manhattan for a home with pools, completely furnished, parking garage and many other amenities, these prices are low. Most luxury homes are built with over 4,500 square feet of spacious living and include outdoor pools, gardens, etc. Perhaps now, more than ever, is the right time to buy in Orlando. According to the Orlando Sentinel, the inventory of existing homes for sale in Orlando is now five times greater than it was a year ago and homes are taking longer to sell. Local developers are wooing buyers with price discounts and closing costs giving the buyer a certain amount of control.

Texas girl


I am planning on going back to school, and I am interested in becomindg a real estate agent. First with a company, to get the hang of it, then an independant agent, to make more money.
What kind of degree do I need to get hired?