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How To... in Orange County : Real Estate Advice

  • All23
  • Local Info2
  • Home Buying11
  • Home Selling3
  • Market Conditions0

Activity 22
Angelica P, Home Buyer in Seattle, WA
Mon Dec 19, 2016
Angelica P answered:

I have emailed you regarding this concern.

Thank you for using Trulia!

Consumer Care Advocate
0 votes 1 answer Share Flag
Awal717, Renter in Ocoee, FL
Sat Oct 8, 2016
Awal717 asked:
Cdriver262, Home Buyer in Orlando, FL
Mon Apr 25, 2016
Cdriver262 asked:
 JonGedge, Real Estate Pro in Orlando, FL
Fri Mar 20, 2015
JonGedge answered:
With ONE eviction its going to be very difficult to rent a home.

You're actually already doing what you need to by focusing on privately managed rental properties.
0 votes 1 answer Share Flag
michael_stut…, Home Buyer in Orlando, FL
Mon Jan 26, 2015
michael_stutler asked:
Hello. We would like to remove our property from the Trulia site, including all personal information and photo's. Our address is:
14714 Braddock Oak Dr
Orlando, FL 32837

0 votes 0 Answers Share Flag
Phillip Liang, Real Estate Pro in Kissimmee, FL
Tue Aug 28, 2012
Phillip Liang answered:
Hi Terrie,

First you may want to get your name out there by marketing yourself as something different than just cleaning service. Also, you may want to connect yourself with a Realtor who deals with Bank-owned as well as well as a short-sale attorney or Realtor. Not all Short-sales are successful and soon they turn into foreclosures. Good Luck and God Bless on your venture. ... more
1 vote 2 answers Share Flag
Janace S. Ri…, Real Estate Pro in Mobile, AL
Wed Jul 18, 2012
Janace S. Rivera answered:
Richard: Let give you just a few pointers:

1. Never make the monthly fee the most important consideration, when choosing a good quality property management company. Level of service is the most important element:
(a) Never assume but ask about the specific services your fee will cover. This is important, because often times, you might sign with a company, and when you receive your monthly statement, you might be surprise about certain deduction for services that are actually outside the scope of your signed contract. So, before signing your contract ask detail questions.

2. Maintenance is always a point of confuse: Ask if the PM Company has a Maintenance Department. Why is this important? Not, always but sometimes, there can be a conflict of interest, when it comes to keeping maintenance cost down. If you have vendors that you have worked with over time, ask if the PM Company would use them. Or if the PM Company utilize the services of independence contractors, this is good also, because they will not have a so called “Dog In The Fight".

3. Monthly financial statements: Ask when you should expect your owner's draw. Will it be after monthly disbursements or once all rents have been collected. Generally speaking, any good PM Company will first make sure all rents and monthly disbursements have been made before issuing the Owners his draw for the month.

4. How often will my property be inspected? Will this be weekly, monthly or what? You want a company that will make their present known to your tenants. Yes, your tenants need to know that someone is in charge. Also, such inspection must be conducted idiscreetly, so as to allow your tenant a sense of privacy.

5. How will they select your tenants? How will they advertise your property? Will they conduct background and credit checks? Do they conduct walk thru before a tenant take possession?

6. How will they handle an Eviction? Do they have a working relation with a good Eviction Attorney? If there will be a requirement for a court appearance can they appearance in place of the Owner, if so, will this be an additional fee?
Richard, there is much, much more…but this will get you started.

Suba Management Solutions, LLC
1015 North Lake Ave. Suite 219
Pasadena, Ca 91104


Richard, also please visit our website:
... more
1 vote 13 answers Share Flag
Richard Tres…, Real Estate Pro in Orlando, FL
Thu Oct 27, 2011
Richard Tressler answered:
Have you looked into refinancing? With interest rates so low, it make actually be a benefit if you had a fixed rate loan from a few years ago. The bigger question is whether the home is worth more than the mortgage which could limit your options for refinacing.

If the home financing is upside down as compared to the market value of the home, have you considered a short sale? If this becomes necessary, please give me a call and I would be glad to assist you.

Frankly, in this market it is a surprise that the bank would be concerned with you if you were making the payments timely.

Rick Tressler
TCAT Realty
... more
0 votes 5 answers Share Flag
Richard Tres…, Real Estate Pro in Orlando, FL
Thu Oct 27, 2011
Richard Tressler answered:

They do sell forms for every need at most office supply stores. Most of them just require that you add the name(s) and sign/notarize. The recording can be done directly by you at the public records office. Total cost is less than $25.

As others have mentioned, the bigger question is why you want to add someone's name to the deed. For several reasons, you may want to consult your accountant, tax attorney and/or estate planner. There are potential implications for gift tax and/or estate purposes depending on who the party is. There are also a variety of trusts that may be available to you that would help you accomplish your ultimate goals...which are beyond the scope of the information provided or the intent of this posting board.

A title company is not likely to be of assistance with tax planning but as mentioned could help you address any existing title issues if you are unsure about the properties past.
... more
0 votes 8 answers Share Flag
Radinka Ilsi…, Real Estate Pro in Lakewood Ranch, FL
Wed Oct 26, 2011
Radinka Ilsink answered:
In addition to what others have said, if you don't know who built your home, you can look at the county records to find out the name of the original builder and contact them to see if they still have a copy for you. ... more
1 vote 5 answers Share Flag
Alan Martin, Real Estate Pro in Orlando, FL
Mon May 9, 2011
Alan Martin answered:
let me know where you want to rent and I am sure that we can find you something
0 votes 4 answers Share Flag
David Hale,  in Renton, WA
Thu Oct 28, 2010
David Hale answered:
The only membership application that I'm aware of would be with companies that want you to pay a subscription fee to be part of their network. I would be reluctant to do this.

When I was trying to get my first REO listing I treated BPOs like prospecting - except when you complete a BPO you normally will receivee a small stipend ($40-$60) on each one. I was happy to do this work for the BPO companies because I knew I needed to provide something of value to them before they would consider asking me to list a foreclosed property.

It may work out for some agents but in general I would be cautious about signing up with companies that require a monthly fee. Most agents that consistently list REO properties do so without subscribing to a any kind of an REO network. In almost every case, they started by completing BPOs. Myself included. I'm skeptical of all subscription services that claim to assign REO listings to agents. Several of these exists and none of them offer any guarantee that an agent in their "network" will receive an REO listing.

Good luck!

... more
0 votes 3 answers Share Flag
Rick Aguirre, Real Estate Pro in Orlando, FL
Fri Sep 17, 2010
Rick Aguirre answered:
Have you tried joining any leads groups. A great source of leads for our business.
0 votes 2 answers Share Flag
Assti2010, Other/Just Looking in Miami, FL
Tue Aug 31, 2010
Assti2010 answered:
Unfortunately if you did not have a septic tank/drainfield inspection before you purchased your home, you are pretty much on y our own. in miami, it is mandatory that such an inspection be done. however, is you have damages done to the interior of your home, i.e. toilet overflow, carpet damage, then your insurance company will pay a portion. if someone drove over the tank and field i.e. a dump truck/heavy equipment/large riding lawn mowwers, then they would be responsible for damages on their liability insurance. i don't know if this helps you any, but, good luck. just be sure after it is repaired that you DO NOT USE, any product that is flushed down ANY drain that is not bio-degradeable. DO NOT ever, use Chlorine bleach. other bleach products are available. just read the back of your products. -
... more
0 votes 3 answers Share Flag
Georgina Vil…, Real Estate Pro in Longwood, FL
Wed Jul 14, 2010
Georgina Villa O'Bryan answered:
Yes, just because the person who complained chose to withdraw it, doesn't mean that the investigation stops. DBPR will continue the investigation until they either determine that you're guilty or innocent of charges filed against you.

Just make sure you have all your ducks in a row and if you have done nothing wrong, it shou. ld be over quickly
... more
0 votes 7 answers Share Flag
Tam04, Other/Just Looking in Orlando, FL
Tue Oct 20, 2009
Tam04 asked:
John Bennett, Real Estate Pro in Orlando, FL
Mon Aug 3, 2009
John Bennett answered:
0 votes 4 answers Share Flag
Scott Godzyk, Real Estate Pro in Manchester, NH
Fri Nov 7, 2008
Scott Godzyk answered:
You should contact the list agency direct at 1-800-257-5143. They would be the only one to have an answer for you. hope this helps.
0 votes 1 answer Share Flag
Rick Aguirre, Real Estate Pro in Orlando, FL
Fri Sep 19, 2008
Rick Aguirre answered:
Yes is the answer. There are Furnished downtown area. One on Robinson and the other on Michigan.
Hope this helps.
0 votes 2 answers Share Flag
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