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Home Buying in Central Business District : Real Estate Advice

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  • Local Info1
  • Home Buying6
  • Home Selling2
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Activity 5
Mon Aug 29, 2016
Mark LeMenager answered:
Very good question. I can't give legal advice, but I have done a lot of cash transactions on the As-Is contract and one everyone of them my buyer's did pay the title company a settlement fee. $500 seems a bit high. You can ask them to lower it and see what they say. ... more
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Fri May 1, 2015
Andy Wood answered:
Hi Taylor,

If you haven't already found a lender, I have specialized in this type of loan for 21 years and teach a continuing education course across the state of Florida to Realtors about the program. With the FHA 203K, you turn into a cash buyer. I have had to speak to many selling agents and educate them about the program. Please check out our website, as it is a wealth of information regarding the 203K. I have to warn that some of the larger financial institutions can give this program a bad name. Make sure whoever you are working with can close them in the same amount of time as a regular FHA loan...if not, you will be in a world of agony. Also, make sure they are not telling you that a property "doesn't qualify for FHA 203K" or there is a "$35,000 max to repairs". This means they only do Streamline 203K and not Full...

I hope this was helpful and good luck!

Andy Wood
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Sat Aug 23, 2014
Javier Olmedo answered:
Chances are that you are buying from a developer. The title agency will then most likely be appointed by the developer and they will instruct you on what to bring (wire, id's, etc). You will not be left in the dark as they have a vested interest as well, in you closing.

Javier Olmedo
Keller Williams Realty
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Sat Jan 4, 2014
Will you be relocating to FL or spending part of your time in FL? We have 2 loan options for foreign nationals, 1 requires 20% down and the other requires at least 30%

Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Bart and I have been in the mortgage business since 1987. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario.

Until then, I look forward to hearing from you.

Bart Gabe

800 315 8803

NMLS# 20743 - my licensing information - link to look up my license number
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Sun Dec 22, 2013
Abraham Bidhendi answered:
Hi John:

Aside being a Realtor I am also an investor myself. So I have a great in-depth knowledge of all the aspects of an investment property (Feel free to check out my background by clicking on my pictures)

I have a great property with a tenant in place already. Below is the link:

Also in Orlando there are definitely options. Try to stay with newer homes like year 2000+ to avoid possible huge maintenance costs. Single Family homes generally appreciate better than townhomes and condos so that is something you might want to keep in mind while choosing your home. Below is the link to some options:,CONDO/listingtype/Resale+New,Foreclosure+Bank+Owned,Short+Sale/sort/price+desc/

Feel free to call or email so we can hopefully find a great home for you.

Abraham Bidhendi
Top Producer Realtor® with over 26 years of experience
Awarded as Exit's TOP Buyer side Transactions for the State of Florida
Exit Realty Access, LLC
Direct: (407) 744-2533
Fax: (407) 444-9925
Search Entire MLS At:
Kissimmee Office: 391 N. Main St., Kissimmee, FL 34741
Altamonte Springs Office: 660 Palm Springs Dr., Suite D, Altamonte Springs, FL 32701
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