About Deltona's Deltona Lakes

July was an absolute rocking month for sales in Central Florida. Realtors with our office sold some 44 properties in Central Florida during July 2011. It is amazing just how cheap you can buy properties for right now. I posted on Facebook on last month asking just how low can you buy a 3 bedroom concrete block house in a decent neighborhood for. In February, we broke the record and sold a 3/2/2 for just $11,000. But then in June we broke that record yet again and sold a 4/2 for only $6,000. Seriously, if you are not buying property now you apparently just don't want to make money. Check out these deals.

Sugar Bay Dressel Chatsworth

1. Sugar Bay Way, Lake Mary, FL 32746. 2 bed/2 bath 1st floor condo in Regency Park. Talk about a smoking hot deal. 7 cash offers within just 4 days of being listed. This REO property sold for $52,300.

2. Dressel Terrace, Deltona, FL 32725. 3 bed/2 bath big home with 2-car garage. Beautiful home sold to a VA home buyer for just $76,000.

3. Fountainhead Circle, Deltona, FL 32725. 3 bed/2 bath pool home with 2-car garage. House was an REO and a fixer-upper but sold to an investor for a super cheap price of just $46,000.

4. Chatsworth Lane, Orlando, FL 32812. 3 bed/2 bath/2-car garage home in the Conway area of southeast Orlando. Investor bought this home at a foreclosure sale, fixed it up beautifully, and sold it for a healthy profit. Price of $140,000.

5. Ronda Court, Davenport, FL 33837. 3 bed/2 bath foreclosure REO home with 2-car garage. This home was purchased on a short sale for a true steal. Price only $55,000.

It is absolutely amazing how many great deals are changing hands around metro Orlando right now. Don't miss out on your piece of paradise while it is still at fire sale prices. Inventory levels continue to drop to around only a 4-month supply so make sure to buy a house or condo for yourself while these prices last.

By my nature, I am an optimist that does his level best to present the facts that allow my readership to make their own informed decisions.

Clearing up a few myths... Social security will run out in 2016 if something is not done right away is not quite an accurate statement. Click here to see an interesting article from a senior editor at Money Magazine.

"It seems like everyone got away with insider trading when the market crashed" ...well not exactly. It has been announced that an Ex-Morgan Stanley Banker will have 7 years to think about his lack of good judgment. Click Here to see his story of incredible greed.

"Homeowners are better off with a loan modification". Statistics show that 25-40% end up going delinquent after their loan is modified, and that 90% end up with a higher loan principle balance after it is completed. Click here to see what the Florida Association of Realtors had to say.

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If you know anyone purchasing a home, selling a home, or refinancing a current mortgage, I am a home pricing specialist.

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