Home Buying in Tangelo Park>Question Details

Ruth, Home Buyer in 32819

I am interested in buying a property in Tangelo Park for 100K. The home has been totally renovated. Is the asking price too much?

Asked by Ruth, 32819 Fri Apr 30, 2010

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Get your REALTOR to do a comparables sold to give you an approximation of value. Let your experienced REALTOR guide your purchase.
0 votes Thank Flag Link Wed Aug 21, 2013
Ruth, all depends on the individual property and what has been done to justify the price. Can you compare a property that is just paint slapped on the walls to a property that has had extensive renovations ... Compare the condition and extent of what you see and don't see. Strongest suggestion you visit comparably priced properties for sale in your neighborhood and really look to see the differences and similarities. compare updates in energy efficentcy, insulation ,quality of materials and workmanship, weigh the intent of use ,amount of time the next round of renovations would be needed . ultimatly what does the neighborhood offer compared to other neighborhoods.
TANGELO PARK, for those real estate PROFFESSIONALS, unlike other neighborhoods, offers location, and THE TANGELO PARK PROGRAM ( FREE MEMBERSHIP TO THE LOCAL YMCA, FREE DAYCARE FOR WORKING PARENTS OF 2,3,AND4 YR OLDS , ALONGWITH LIFESTYLE CLASSES AND FREE FULL RIDE SCHOLARSHIP FOR FL. PUBLIC COLLEGE, UNIVERSITY,OR VOCATIONAL SCHOOL FOR IT'S HIGH SCHOOL GRADUATES (see http://www.tangeloparkprogram.com for details). invest in areas you know well and can do the most good for your community
0 votes Thank Flag Link Wed Oct 13, 2010
IT would depend on the details of the property, but generally speaking you do not want to be the highest price home in any neighborhood...it is referred to as over-improvement. Give us a call on Monday or apply online if you need a mortgage, we are an FHA direct mortgage lender located IN Orlando. Also, see our website for a detailed breakdown of the entire mortgage process, from A-Z! Enjoy your weekend and best of luck to you!
Web Reference: http://www.LendingFL.com
0 votes Thank Flag Link Sat May 1, 2010
Hi Ruth,

If you tell me a little more about the property, type, size, location I would be happy to help.

Best Wishes,
Jennifer Tyre, Broker
Realty and Company International, LLC
0 votes Thank Flag Link Sat May 1, 2010
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