Leesburg, FL

I am a Realtor in Central Florida. I have had a license for nearly twenty years.

During that time I have worked mainly with investors and bought many good Real Estate Deals myself.

In the last year, I took off from regular Real Estate and did other business, working with investors doing evaluations on larger projects. But in Fla, the numbers always came out the same....Don't Buy...Don"t Buy

I did a lot of study into the market, and Last Jan, 2008, I could not actually do a pro forma that used current info that would justify a purchase at normal Realtor CMA pricing. We did attempt to factor in downward pricing, but the values were continuing to fall.

The banks were in total denial at that time, and short sales were all I was doing. Suddenly I had over 70 deals and no one that could close.

Its a year later, and I feel better about getting back into the market. I have been traveling Fl for the last year, and have seen houses and entire subdivisions continue to fall, but it seems to be leveling off now.

In discussing the deals across our fine state, I feel its time to get back in to selling Florida. The prices are low enough now to cash flow the deals, and that's all we ever needed. The old run up of prices made no sense, the last one left holding the property was destined to lose.....I saw it, I wrote about it and was called negative.

But, I did survive by taking a break from the business. I look forward to working with local investors again, because the new name of the game is built in equity at these prices.

Florida Real Estate prices will continue to fall, but I can forecast a bottom. There are definitely areas of Florida that will recover faster, or at least quit falling and level off. For investors, this is good enough.

Its time to get busy on Investment deals again. Lets go do deals.

The price is Right..The location is Perfect..and the Home is Beautiful. This lovely 4/3 w/over 2400 SF has a great floor plan.

Three bedrooms downstairs including the large master suite w/walk-in closet & private bath. The kitchen opens up to the family area so you are never far from the family and friends.

Upstairs is the fourth bedroom for guests w/their own private bath and sitting area. Located on a private cul-da-sac in a gated community w/pool, playground & clubhouse. Just minutes from shopping, dining and the community college.

Karen and Ray Levy

352-636-6579

www.lakecountyhomepros.com

Coldwell Banker Camelot Realty

Mount Dora, Florida 32757

Click here for information on how you may qualify for $8000 when you buy your first home!

Karen and I will be in Leesburg today. We look forward to enjoying the festival.

The Leesburg Fine Arts Festival is celebrating its 32nd year in historic downtown Leesburg, Florida.

Some of the country's most accomplished artists as well as rising stars, vie for the Best of Show Award and additional merit awards. The Leesburg Fine Arts Festival is a family-oriented event.

Location: Main Street
Address: Historic Leesburg Downtown
Contact Name: Leesburg Fine Art Festival
Contact Phone: 352-365-0232
Contact Email: info@leesburgcenter4arts.com
URL: http://leesburgcenter4arts.com/leesburgartfestival/index.htm

Click here for information on how you may qualify for $8000 when you buy your first home!

Karen and Ray Levy

CB Camelot Realty

Mount Dora, FL 32757

352-978-8551

Come visit my friends at SUNAIR AVIATION. You can learn to fly right here in Leesburg Florida.

Be sure to tell Keith Franklin that Karen and Ray Levy recommended their services.

THEY OFFER THE FOLLOWING SERVICES:

Single and Multi-Engine Plane Rental

10,000 S.F. Hangar Space

Private Pilot Instruction

Fixed Base Operations Include:

• Chevron Fuel
• Self Service
• US Customs
• Luxury Snooze Lounge and much more...

They can be reached at: 352-787-2211

Or visit: www.sunairaviation.com

Be sure to tip your wings when flying over one of our waterfront properties.

Karen and Ray Levy

www.lakecountyhomepros.com

CB Camelot Realty

Mount Dora, FL

352-978-8551

The Lake and Sumter Counties Home Builder's Association Parade of Homes kicks off this weekend, Saturday February 21 with great deals on new, never lived in homes for sale. The great incentives being offered by builders, coupled with the new $8000 tax credit for first time buyers makes it an excellent time to buy.

Also remember if you want to have a home built to order, and want to be able to collect on your $8000 credit, you need to start construction within a few months so you can be closed by the November 30, 2009 deadline.

Yu can get more information at the Lake/Sumter HBA website here.

Look forward to seeing you there, and Happy Parading!

Gerry Suarez, Jr.

Your FHA Loan Pro!