Where do you currently reside? Have you been pre-approved for financing or would you be purchasing cash? Once you have answered these 2 questions I can further guide you as to which steps you would need to take in order to purchase a home here.... more
I would be happy to help you search for homes. I live in Ocoee and know Ocoee and the Orlando market area well. You can also search for homes on my website: www.OrlandoRealEstateLady.com. The site has a direct link to the local MLS and is always up-to-date. Also, no registration or passwords required. Please don't hesitate to contact me to learn how I can help make your search more productive and efficient.
Weichert Realtors Hallmark Properties
Good Afternoon, Louie!
That particular home is under contract for sale and is scheduled to close June 24th. It was listed at $279,000, was neither a short sale or foreclosure and went under contract in just 6 days. Going off that information alone, the home was priced well enough to sell quickly and I imagine when we see the final sale price after closing, it will be fairly close to the listing price.
There are no other lakefront homes in that community available for sale at this time. There was one other sale that closed earlier this year... a short sale lakefront home at $225,000.
If you'd like any information about any other homes in the area or need any assistance with your home search, I'd be happy to help you! Please feel free to contact me with any questions. Thank you!
Leneé K. Magnuson, REALTOR®
You don't need an agent, however, having your own agent to represent you and not the seller is your better option. Having your own agent doesn't cost you anything because the seller pays the commission.
Please let me know if I can help you.
ERA Select International
Phone: 352-636-3510... more
I would highly recommend that you talk with your bank about this. If you don't get a satisfactory answer, consult a real estate attorney. It really would depend on what sort of agreements you have already signed. A realtor can't give you this answer, and from a legal point of view, if we did, we would be practicing law without a license. Good luck to you!!... more
I'm not a lawyer, so this isn't legal advice. But you're probably not. Hindsight is 20-20; why did you pay a year in advance? In that case, you might have been better protected if you'd put the money into an escrow or trust account, with instructions that it be paid out monthly.
But if the money is gone, and the owner is facing foreclosure...
It's possible that, technically, you were defrauded if you could show a court that the owner had no intention of using your money to pay the mortgage. But showing intent is very difficult, and if the owner's facing foreclosure, it's likely there isn't any money to recover.
You didn't say how much time is left on your lease. The only saving grace is that the whole foreclosure process can take awhile--six months or more after the initial default, and sometimes quite a bit longer. So, while your status in the property may be uncertain, it's possible that you may be able to remain there for most, or even all, of the term of the lease.
Good luck.... more
The overall market is still down....if you are considering selling, this is not time to put a home on the market and expect to recover 100%of the purchase price if you bought after 2004.
The "Eckler Team"... more