I owe more than my home is worth. Am I eligible for short sale or is my only option foreclosure or bankruptcy?
Always consult your lender as to what your options are. The options usually are: a short sale, deed-in-lieu of foreclosure (basically an accelerated voluntary surrender), and foreclosure. The banks like to prevent foreclosure when at all possible. They've even been known to lower people's rates and/or payments because of all the new defaults in the past few years. Either way, your first stop should be to get information from you lender on what options they provide.
Contact me for an assessment of your costs. We can go through the fees involved in selling your home.
About the author:
Jerry LaRose is an Orlando Area Residential Real Estate Expert, who can assist you with the purchase and/or sale of real estate in Orlando, Windermere, Winter Garden Florida or any place in the country. Jerry has created a team of professionals throughout Orlando and the country to ensure that you enjoy a smooth transition to your new area. Please visit http://www.jerrysellsorlando.com/ for your real estate needs. Please give me a call if you have questions about the Orlando and Central Florida real estate market.
Jerry LaRose, P.A., ABR, GRI, e-PRO, CLHMS, REALTOR® 407-580-7011
(Copyright © 2008 By Jerry LaRose, P.A. All Rights Reserved.)
If I pay mortgage insurance and default on my loan, why wouldn't that cover the deficiency amount?
The mortgage insurance is not there for your protection, just the lender's. If you are paying PMI (private mortgage insurance) it is there to protect the lender in case you default on your loan. You can usually get the PMI removed after you have enough equity in the home. The lenders will not remove this for you. It is your responsibility to get this removed. Afterall, why do you want to be paying PMI if you don't have to. It doesn't protect you, it protects the lender.
For more information on PMI, contact me. If you are a first time buyer, please contact me and we'll set up a buyers consultation to discuss buying a home.
About the author:
Jerry LaRose is an Orlando Area Residential Real Estate Expert, who can assist you with the purchase and/or sale of real estate in Orlando, Windermere, Winter Garden Florida or any place in the country. Jerry has created a team of professionals throughout Orlando and the country to ensure that you enjoy a smooth transition to your new area. Please visit http://www.jerrysellsorlando.com/ for your real estate needs. Please give me a call if you have questions about the Orlando and Central Florida real estate market.
Jerry LaRose, P.A., ABR, GRI, e-PRO, CLHMS, REALTOR® 407-580-7011
(Copyright © 2008 By Jerry LaRose, P.A. All Rights Reserved.)
Found this new search engine. Is it the new search engine. I don't know, but I will say it's pretty cool. However, I am disappoint that it doesn't have my photo of my website when I do the search. I don't know why. Is it my website or is it managedQ? It's at least worth a look. enjoy! BY the way I think the name is terrible.
http://beta1.managedq.com/
ManagedQ: The Next Step In Search
The field of Search is years behind where it should be, as it hasn't fundamentally changed in more than a decade. Results may have improved a bit, but people Search in literally the same way they did in 1995.
Jerry LaRose is an Orlando Area Residential Real Estate Expert, who can assist you with the purchase and/or sale of real estate in Orlando, Windermere, Winter Garden Florida or any place in the country. Jerry has created a team of professionals throughout Orlando and the country to ensure that you enjoy a smooth transition to your new area. Please visit http://www.jerrysellsorlando.com/ for your real estate needs. Please give me a call if you have questions about the Orlando and Central Florida real estate market.
Jerry LaRose, P.A., ABR, GRI, e-PRO, CLHMS, REALTOR® 407-580-7011
(Copyright © 2008 By Jerry LaRose, P.A. All Rights Reserved.)
I've read recently that Google Spreadsheets as part of the Google Docs suite added several new features; better revisions comparison through color highlights, change notifications, and a Google spreadsheet gadgets directory.
I thought what google has a spreadsheet and word processor free. So I check it out and yes they do and pretty cool. It's worth a look. Here it is.
http://www.google.com/google-d-s/intl/en/tour1.html
About the author:
Jerry LaRose is an Orlando Area Residential Real Estate Expert, who can assist you with the purchase and/or sale of real estate in Orlando, Windermere, Winter Garden Florida or any place in the country. Jerry has created a team of professionals throughout Orlando and the country to ensure that you enjoy a smooth transition to your new area. Please visit http://www.jerrysellsorlando.com/ for your real estate needs. Please give me a call if you have questions about the Orlando and Central Florida real estate market.
Jerry LaRose, P.A., ABR, GRI, e-PRO, CLHMS, REALTOR® 407-580-7011
(Copyright © 2008 By Jerry LaRose, P.A. All Rights Reserved.)
The Median Sales Price for homes in the Orlando area as we all know has decreased significantly. Everyone is asking, where's the bottom. Well, I'll be the first to say that I see the bottom. I will go on record to say that we're almost there. I pulled this trend chart from Trulia and it represents the median sales price of homes. The most important lines are the black and purple. The black line is actual sales of the median priced home. Notice that this jumped out of proportion Jan.1 2004. If prices had not jumped due to supply and demand and had just progressed normally at a 3-5% increase, that average which is represented by the purple line would be approx. $205,000 today. However, the actual today is at $225,000. Therefore, I see the market still correcting another 10% and possibly more. Nothing says that we can't go below this line. That may be possible for a short period of time to clear out the foreclosures and short sales. So there it is, my crystal ball is telling me that the market in Orlando will continue to decrease another 10% - 15% overall before we stablize.
About the author:
Jerry LaRose is an Orlando Area Residential Real Estate Expert, who can assist you with the purchase and/or sale of real estate in Orlando, Windermere, Winter Garden Florida or any place in the country. Jerry has created a team of professionals throughout Orlando and the country to ensure that you enjoy a smooth transition to your new area. Please visit http://www.jerrysellsorlando.com/ for your real estate needs. Please give me a call if you have questions about the Orlando and Central Florida real estate market.
Jerry LaRose, P.A., ABR, GRI, e-PRO, CLHMS, REALTOR® 407-580-7011
(Copyright © 2008 By Jerry LaRose, P.A. All Rights Reserved.)
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Visit (JerrySellsOrlando.com)for EVERYTHING you need to know about buying or selling a home in the Greater Orlando area. ANYTHING you want to know about Central Florida. Call me ANYTIME-407-580-7011
Jerry has relocated from the Midwest where he owned and operated his own business for 7 years. With over 25 years experience in the service industry, Jerry understands what customer service is all about and he will work diligently for you in making your real estate transaction a smooth, effortless event.
"My personal mission statement is to represent every client honestly, fairly and with professionalism." Jerry understands that a home is a family's most valuable asset and he wants your real estate experience to be a great one by exceeding your expectations. Jerry feels that your real estate experience will be so positive that you'll want to recommend Jerry to all of your friends and family.
Areas of Expertise
Development of Innovative Marketing Programs
First Time Homebuyers
Buyers Consultant
Sellers Consultant
New Construction Specialist
2nd Home/Vacation and Investment Property.
Always available and accessible in person or phone
Education and Designations
Member of National Association of Realtors
Member of Florida Association of Realtors
Member of Orlando Regional Realtors Assoc.
CLHMS - Certified Luxury Home Marketing Specialist
ABR - Accredited Buyers Representative
GRI - Graduate of the REALTOR Institute
e-PRO - Certified by National Assoc. of REALTORS as a Certified Internet Professional
Serving All Of Your Real Estate Needs
Jerry knows that buying and selling your home is a huge, emotional decision. He treats people how he would want to be treated. He educates his clients on the processes and seamlessly comes to the closing table. Jerry deals with any obstacles, so you don't have to. Call him today and get WOW service that will exceed your expectations. 407-580-7011
Communities Served:
Orlando, Windermere, Dr. Phillips, Winter Garden, Clermont, Hunters Creek, Lake Nona, East Orlando, Winter Park, Celebration, Harmony, Kissimmee, & St. Cloud
Jerry says: Life’s a Journey, Live Your DreamCall Today
So if you are considering selling your existing home, buying the home of your dreams or a vacation property or if you just have questions about the complexities of the local market, call Jerry LaRose today, Jerry will provide Service You’ll be Wild About. “Life’s a Journey, Live Your Dream”
Call Jerry today! 407-580-7011 www.JerryLaRose.com or www.JerrySellsOrlando.com
Jerry knows that buying and selling your home is a huge, emotional decision. He treats people how he would want to be treated. He educates his clients on the processes and seamlessly comes to the closing table. Jerry deals with any obstacles, so you don't have to. Always available and accessible in person or phone. Call him Today and get WOW service that will exceed your expectations. 407-580-7011
Jerry aggressively marketed our home and had numerous Open Houses in the first few months. In contrast our neighbors realtor has done little more than place a sign in the ground and their house is still on the market and Jerry SOLD our home in under 3 months. I commend Jerry for an Outstanding Job and I would recommend and refer to others without hesitation" Rich DeMarco; Windermere
"...Jerry did a wonderful job at listing and marketing our home. With his expertise and strong marketing efforts we were able to sell our home in our desired time frame."
Don & Jennifer Black; Deer Island - Winter Garden
"I wouldn't hesitate for a second to recommend Jerry to anyone selling their home. He is professional, supportive and just great to work with...His Marketing is Top Shelf"
John Corrigan; Windermere
"Many thanks to Jerry and Keller Williams! Jerry, who worked with us as buyers, was very efficient and professional. He didn't burden us with 1,000 details that we didn't really need to know. He made us feel like we were his only clients. He made us feel important. Thank you, Jerry for doing such a great job!"
Brent and Rena Spencer -Avalon Park - Orlando
Bev and I just wanted to drop you a line and thank you for all your help during the purchase of our dream retirement home in Kissimmee. Without your knowledge of the area and housing we couldn't have found and been happy with any other home.
Jim & Bev. Forry - Kissimmee
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