About Orlando's East Orlando

I've been thinking alot about East Orlando lately. It is the home of the University of Central Florida (UCF) which is home to the Knights football team, a beautiful arena and a city unto itself with enrollment pushing 50,000. UCF has brought vibrancy to East Orlando with its infusion of young adults local and spanning the globe.

East Orlando is also the location of Research Parkway where many highly technical military and civilian opportunities lie for exciting, high paying employment at Siemens, Lockheed-Martin and Saab to name a few.

There is also lots to do and plenty of places to spread your wings. Waterford Lakes Town Center, located in the heart of East Orlando is home to Target stores, Regal Cinema (with the best popcorn of all the theaters in Orlando), Barnes & Noble and California Pizza Kitchen, Panera Bread, Five Guys Burgers and lots more. TooJay's deli will make a great breakfast, lunch or dinner at a reasonable price or plan a party using their mouthwatering catering selections.

The attractions are a sweet 45 minutes away via, downtown Orlando, 20 minutes and Cocoa Beach a cool 45 minutes away.

The UCF Medical Center is up and running a little further south and west of East Orlando but connects easily via our new entrance to the Beach Line Expressway at Innovation Way.

Home prices remain lower than many other Orlando areas, homes are plentiful and newer homes abound for prices that were non existent a few years ago.

I'm a local resident since 1999 and would like the opportunity to share more with you about East Orlando real estate and all that East Orlando has to offer.

UCF Area - East Orlando, Oviedo - What a great place to go to school, live, work and relax

Almost time for the college and public schools to start. Living in Oviedo which is close to UCF, it's hard to tell when the kids are back in school during the day, but at night, they're at the pizza places, at the gym and grocery stores!

The nice thing is they don't bother anyone except for a few extra accidents. New cameras on some of the traffic lights have helped a little but we still see a major accident within a mile of UCF every month!

So as you and you children head back to UCF, SSC and Full Sail, please remember to SLOW DOWN!!!

FREE 1 Year Warranty on all home purchases over $100k in Central Florida www.SKIPtheBULL.com ***

For a limited time only - all home purchased through Richard Shuman and Financed through Clifton Financial Services with a loan amount of $100k and over will include a 1 year limited home warranty through Old Republic Home Protection. Call or email for details and restrictions. Not valid on prior sales.

Short Sales and Foreclosures are included. www.SKIPtheBULL.com/ContactUs

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The real estate professional in Central Florida you can trust to work hard for you!

Partnering with the right real estate agent who knows the Central Florida area may be the difference between a happy, stress-free home buying or selling experience and a drawn-out, disturbing ordeal. You should only consider a real estate pro ready to make a full-time commitment to you his or her efforts to you.

A real estate pro who has experience in the Central Florida neighborhoods, market conditions, property rules, Orange county schools, etc. is crucial to buying or selling a home. I've been helping buyers and sellers purchase and sell in Central Florida for years, and I'm ready to help you today.

Many homeowners in Orlando are currently facing foreclosure. Complicating matters, whatever difficulties they’re experiencing have been made woefully worse during our real estate meltdown.

If they purchased their house in the last few years, chances are the current market value is worth less than the amount they owe on their mortgage loan. When a house is worth less than its underlying loan, the condition is known as being ‘upside down’.

When they purchased, these homeowners fully expected their house to increase in value as real estate has historically done. No one could have anticipated this unprecedented depreciation of home values. Under ordinary circumstances, had homeowners experienced a temporary setback, they would have been able to sell their house and move on. Now, with the real estate market in turmoil, they simply don’t know what to do.

The table below shows how many of these homeowners in distress haven’t tried, or perhaps have given up trying, to sell their house.

So what can these homeowners do?

Many lenders can and often do make loan modifications that can keep homeowners in their homes, so it’s important to pursue this avenue.

Another solution is by selling their house as a Short Sale. Although selling a house as a Short Sale can’t solve everything, it will go a long way toward lessening the associated financial, credit, and legal burdens.

Even if these homeowners tried to sell their house as a Short Sale before, their agent might not have known how to make it happen. Short Sales are different from regular house sales and require different strategies to get the job done.

For more information about foreclosure, please refer to these posts ~~

Understand the 4 Stage of Foreclosure

Consequences of the 4 Stages of Foreclosure

Don’t Sell the Short Sale Short

The Black Hole of Foreclosure