
Are you in the market for a Central Florida home for sale? Or are you looking for a Central Florida real estate agent, Orlando Realtor to sell your home?
Central Florida Real Estate Specialist and sell 1 home every 3 weeks. Will yours be next?
Buyers - Free MLS Search and Area Information
Sellers - Free Home Value Report and Marketing Proposal
Please Visit Our Website
JerrySellsOrlando.com
Or call us 407-580-7011
We sell Single Family Homes, Holiday Vacation Villas, Luxury Estates, Land, Commercial Property, Hotels, Condominiums, Retail Sites, Office Buildings, New Home Construction, Lofts, Retirement Communities, Executive homes, Custom Home Builders, Master Planned Developments, Gated Community Residences, Golf Course Resort Homes, Re-sales, and Investment Properties.
We serve Buyers, Sellers and Investors. Our clients are local residents, relocating families, retiring persons, UK British visitors, International and second home owners.
We provide Multiple Listing Service MLS listings, Free opinions of value and market valuations for sellers and Free property search reports for buyers.
Areas - Communities
Central Florida, Greater Orlando, the Walt Disney World Area, Apopka, Windermere FL , Davenport, Orange County Fl. Orlando, Apopka, Windermere, Winter Garden, Kissimmee, Davenport, Winter Park, Lake Mary, Altamonte Springs, Longwood, Montverd,e Ocoee, Oviedo, Dr. Phillips, Metrowest Celebration, Disney World Area, Keene's Pointe, Isleworth, Lake Butler Sound, Stoneybrook, StoneyBrook West, Bella Collina, Alaqua Lakes Reunion, Summerport, and More!
About Jerry:
Member:
ABR - Accredited Buyers Representative
GRI - Graduate of the Realtors Institute
e-PRO - Certified Internet Professional
CLHMS - Certified Luxury Home Marketing Specialist
ORRA (Orlando Regional Realtors Association)
FAR (Florida Association of Realtors)
NAR (National Association of Realtors)
Orlando Real Estate - Voters say ‘Yes on 1' PROPERTY TAX AMENDMENT!

As you may know, the January 29th 2008 Presidential Primary election Voters said ‘Yes on 1' Property Tax Amendment 1, Which lowers property taxes statewide. The property tax amendment allows buyers to take their Save Our Homes tax savings with them when they move. One of these changes allows homestead property owners to transfer up to $500,000 of their Save-Our-Homes benefits to their next homestead.
What is Portability?
The ability to transfer the benefit of the homestead property assessment limitation (defined in FS 193.155) described as the dollar value difference between market value and assessed value, or a percentage thereof, from an existing homestead to a newly homesteaded property.
MARKET VALUE(MINUS) ASSESSED VALUE = PORTABLE AMOUNT
You can visit my Website at JerrySellsOrlando.com to view what it means to you. Click on: Property Tax Amendment. You can also use the Portability Calculator to determine your current Save-Our-Homes portability dollar amount, how the dollar amount is transferred to a new homestead, and the estimated tax dollar savings that may occur. I also have a link to the: Orange County Property Appraiser Homestead Portability Calculator.Call Jerry for your Real Estate Needs 407-580-7011, JerrySellsOrlando.com

Are you in the market for a Central Florida home for sale? Or are you looking for a Central Florida real estate agent, Orlando Realtor to sell your home?
Central Florida Real Estate Specialist and sell 1 home every 3 weeks. Will yours be next?
Buyers - Free MLS Search and Area Information
Sellers - Free Home Value Report and Marketing Proposal
Please Visit Our Website
JerrySellsOrlando.com
Or call us 407-580-7011
We sell Single Family Homes, Holiday Vacation Villas, Luxury Estates, Land, Commercial Property, Hotels, Condominiums, Retail Sites, Office Buildings, New Home Construction, Lofts, Retirement Communities, Executive homes, Custom Home Builders, Master Planned Developments, Gated Community Residences, Golf Course Resort Homes, Re-sales, and Investment Properties.
We serve Buyers, Sellers and Investors. Our clients are local residents, relocating families, retiring persons, UK British visitors, International and second home owners.
We provide Multiple Listing Service MLS listings, Free opinions of value and market valuations for sellers and Free property search reports for buyers.
Areas - Communities
Central Florida, Greater Orlando, the Walt Disney World Area, Apopka, Windermere FL , Davenport, Orange County Fl. Orlando, Apopka, Windermere, Winter Garden, Kissimmee, Davenport, Winter Park, Lake Mary, Altamonte Springs, Longwood, Montverd,e Ocoee, Oviedo, Dr. Phillips, Metrowest Celebration, Disney World Area, Keene's Pointe, Isleworth, Lake Butler Sound, Stoneybrook, StoneyBrook West, Bella Collina, Alaqua Lakes Reunion, Summerport, and More!
About Jerry:
Member:
ABR - Accredited Buyers Representative
GRI - Graduate of the Realtors Institute
e-PRO - Certified Internet Professional
CLHMS - Certified Luxury Home Marketing Specialist
ORRA (Orlando Regional Realtors Association)
FAR (Florida Association of Realtors)
NAR (National Association of Realtors)

Florida voters are at the polls today voting on the proposed property Tax amendment.
Orlando Florida- Today is more than just Super Tuesday in the Presidential Primary Election and local elections here in Orlando Florida.
In the state of Florida we have another big issue that will get decided on by Orlando residents - it is Florida Constitutional Amendment 1 that has 4 components that will affect our future property taxes if it passes with 60% of the voters voting YES!
Provision #3 is the one most of my real estate investors and second home owners are watching since it will provide much needed help to our non-homestead Orlando property owners.
Remember when you vote it's ALL or NOTHING! If the Amendment passes it will be retroactive to January 1, 2008. So I will give you an overview of the four Provisions Amendment 1 covers:
Florida Property Tax - Provision 1 - Increase Homestead Exemption $25,000
Would provide another $25,000 to the homestead exemption for local taxes however, this does not apply to school taxes.
While this is good for the individual Orlando home owners local governments and municipalities say they will lose money.
Florida Property Tax - Provision 2 - Save our Homes Portability
This will make "Save our Homes" portable statewide which will give those who want to move up to a larger home or downsize into a maintenance free condo or villa now won't be slammed with a huge tax adjustment. I will explain how to calculate this in more detail. Just remember when looking to buy a house or condo in Orlando and throughout the Orlando area realize that the taxes shown in the MLS even if this passed will NOT reflect what your taxes will be on a new property purchase.
Another great feature is that homeowners would now actually have 2 years from the time they sell their homesteaded home (or give it up) to transfer it to a new property. Your home had to be homesteaded in 2007 and you would have until 2009 to transfer this savings to a new purchase.
Florida Property Tax - Provision 3 - Non-Homestead Cap
This is the property tax provision that caps the property assessment increases at 10% for non homesteaded property (if you own or want to own a second home or condo here - this is for YOU). This has been desperately needed to help local businesses , second home and vacation home owners like many of our clients in the Orlando area.
While it's going to help those vacation property owners in the future it doesn't give them any relief for the recent property value run ups we experienced for local homes and condos on Orlando properties. Note: Like Provision 1 - this cap will not apply to local school taxes.
Florida Property Tax - Provision 4 - New Exemption for Business Equipment
This provision creates a new $25,000 property exemption for some business equipment and mobile home properties. This should further help local business and mobile home owners at the expense of local governments. Mobile Home owners now won't pay taxes on the first $25,000 of property value (often sheds, carports, other improvements).
So today is a big day in Orlando and throughout Florida - it will be interesting to see what the people of Florida decide. Check back tomorrow and we'll update you on the results and cover how to calculate your Save our Homes Portability.
Orlando Home For Sale, 14 Vanna Ct. Just Listed
County: Orange County Zip Code: 32807-6193
Price: $200,000 Low Price: Bedrooms: 3 Baths: 2 SqFt Heated: 1,315 Year Built: 2000
Property: One Story, Single Family Home ADOM: CDOM: 0 Location: Close to Bus Line, Cul-De-Sac, In County,In City Limits Great Location - Great Value, Hurry Won't Last at this Price! Minutes from downtown. Tile roof, Great one owner home, well maintained home with Pond view. Perfect for the first time buyer. Great community easy access to408, airport, Valencia and UCF. One Year Home warranty will be provided by Seller to Buyer. Other neighborhood homes have sold for $40,000-$50,000 more. Hurry to get this GREAT Price. This home won't last!
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