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Jerry LaRose Waterford Lakes, Avalon Park Fl. Realtor

Waterford Lakes, FL., AvalonPark, FL. - Will Prices Go Lower Yet?

No one knows. What's clear, however, is that a seller's disaster may be a buyer's opportunity. A Florida retirement may now represent an opportunity to exchange a high-priced home elsewhere for a bargain-priced home in sunny Florida. However universal the decline, this isn't bad news for everyone. It means a half-empty glass for sellers. But it may also mean a half-full glass for buyers.

An opportunity checklist

Here is a precautionary list for bargain hunters.

  • A bargain is about more than price. If the property is an ugly dog, it doesn't matter how low the price is, don't buy it. Remember, many of these houses and condos were built by brainless builders funded by nitwit lenders.
  • Avoid developments that are not yet complete. You don't know how, when or if the project will be finished. Equally important, you don't know what the long-term homeowners association costs will be because they may be subsidized by the developer at first.
  • Read the homeowners association bylaws carefully. Make sure you understand the restrictions and how they would affect your property. Some would protect you. Others might make it difficult to rent the property or sell it in the future. Pay particular attention to the association reserves. If the financial reserves are small, you could be walking into a major future assessment.
  • Remember, Florida is hurricane territory. If your development has canals, docks and other water features, there can be significant assessments for repairs. Don't buy if you don't have the money to cope with special assessments.
  • Check the water sources for your community. A long-term drought has reduced the water level in many canals by as much as 3 feet. It also has led to strict rationing of irrigation. Some communities have deep wells for irrigation. Others have shallow individual wells that may run dry.
  • If boating is your aim, check the depth of the canal or other access to open water. Similarly, if living on a golf course is your goal, don't assume it will be there forever. Check the finances and membership of the club.
  • Check the health-care services in the area, particularly if you have special needs or an unusual malady.
  • If you wouldn't be living there full time, make certain the homeowners association is responsible for all yardwork. That determines, in large measure, the appearance of your development and how you would experience it.
  • Don't buy a property planning on future rental income. With thousands of rental properties competing for the same renters, you'd likely be playing a game of rental musical chairs.
  • Do buy a house or condo if you have a solid personal use for it, such as retirement, partial retirement or family vacation home.
  • If you wouldn't be living there full time, explore the ease and cost of air transportation and car rentals. Include a budget for these in your planning.
Don't fool yourself that this market will turn around in a hurry. Whatever the crush of boomer retirees, it will take years to work off the accumulated inventory.

Waterford Lakes, Avalon Park, Fl. - 12 Rules of Home Staging

How do you quickly and easily prepare a home to sell without breaking the bank? Let's jump see...

1. Remember the Masses - Rule # 1 and # 2, I consider the Golden Rules of home staging because this is what separates "home staging" from interior decorating. Interior decorating takes into consideration the personal tastes, personality and preferences of the home owner whereas "home staging" focuses on creating a valuable marketing commodity so that it appeals to the general home buyer who is trying to visualize themselves in the home. Unlike the home seller who is emotionally invested in the home, a Professional Home Stager is trained to see the home is an objective and critical buyer would so that they can position it to the best of it's ability by focusing on rule #2

2. Keep to the Cosmetic - Only improving those things in the home that will add to the bottom line. Stagers keep to the cosmetic so that it makes financial sense in the sale price of the home. By focusing on the most dramatic transformations on the cheap a professional home stager gets equally dramatic results in the resale of the home. Home Staging in essence is an investment in future home sales earnings by the home seller and sometimes even the Realtor involved.

3. Consider the homes integrity when you prepare it to sell - In other words, it is what it is, what it is. Don't try and make a Tuscan style home into a craftsman...it just won't feel right to buyers or anyone else for that matter. A successful home staging works with the personality of the home rather than against it in order to get best resultsCreate Warm Lived In Spaces. Yet No One Lives There - When you walk into a home, you can usually tell exactly what age, style and personality individual lives there? If there are baby toys in the family room, a dog bed in the corner and a dozen family pictures on the mantle that gives you a clue as to who lives there which is as it should be for a home NOT for sale. In order to create broad appeal to buyers however we need to strip the home of the seller's specific personality and quirks while still giving it warmth and style. There is a definite "fine line" between "lived in" and sterile looking. Shoot for the model home look and if you don't know what that looks like visit some in your area.

5. Find the Focal Point and Make It Fabulous! - The basis for any good design lies in finding the focal point of a room and making sure it really shines. The focal point is the first place someone looks when they walk into a room. In the home staging sense we want to make sure the eyes are drawn to the best part of the room while conversely playing down any negative aspects of the room. Walk into a room and take note of what you notice immediately...is it positive or negative? Remember, buyers are looking for reason NOT to buy the house...make sure those focal points don't give them any.

6. Clean is Critical! - This really goes without saying but unfortunately needs to be said and emphasized because many times home sellers cannot objectively clean their own home. Their noses have adjusted to any strange odors that buyer's notice and that rusty sink drain goes completely unnoticed by the seller who has lived there for ten years now while the buyers are repulsed. How do you combat this lack of objectivity by the sellers without offending them? Quick tip, cleaning windows, walls and reflective surfaces helps to add light and space to a room. I'm dating myself when I say, "be a Felix not an Oscar".

7. Create the Illusion of Space - This is a standard maxim of home staging. It states that by removing extraneous furnishings you can create the illusion of space within a room. Everything in a room must earn it's place so it's usually safe to say that 50% of what's in a room can be packed away now in order to stage the room effectively and create space WITHOUT stripping it of it's personality.

8. "Up Down" to Update - The best thing a home seller can usually do to update their home is to remove those purchases over 10 years old. I call this "up down" to update. Take down the old flowery prints, old pink swag drapes and brass chandeliers. It's usually cheaper and easier just to remove or camouflage those distracting out dated furnishings rather than buy new ones. Every accessory's sole purpose should be to update or modernize the existing space so given today's trends the accessory left out should be large and less of them.

9. Let There Be Light! Brainstorm lighting of all types within every room. Whenever you show a home make sure every light is on in the house...no exceptions. Buyers respond to "light and bright" so make sure your rooms have lots of natural light (trim plants and shrubs around windows) as well as artificial in the form of general, task and accent lighting. Kitchens especially need to be sunny and bright so use inexpensive under cabinet light as well as hanging lights over your islands and bars. Make sure every corner of your rooms are well lit by using simple up lights behind trees and tables. Use candles liberally as an emotional connection as well as form of lighting. Rule 10, 11, and 12 are particularly why using a professional home stager makes such a difference in the end result...successful staging is not easy, natural or automatic.

10. Remember It's Calling, Balance Like A Rowboat, Scale Like a Dinner Plate and Be a Traffic Cop - Make sure each room has a clear purpose by remembering its original true calling. Most Buyers cannot use their imagination so don't confuse them by having an office dining area or pool table in the front living room. Balance your rooms by evenly placing each piece on the sides of the room (like a rowboat). If you have a large entertainment center in one corner with nothing in the opposite corner to balance it, your room will feel tipped or off balanced and turn buyers away. Your professional home stager knows how to create equilibrium in a room. Make sure each piece in the room is in scale with one another. Like a properly balanced meal, don't have a gigantic sofa with a tiny coffee table...it doesn't work. A home stager borrows from other rooms to scale each one effectively. Finally, organize the traffic and flow in a room by making sure your furniture is not placed like wall flowers. It's uncomfortable for anyone to have to walk through a conversation area to get to another room so make the traffic go around the conversation by pulling your furniture in. Believe it or not it makes the room appear larger rather than smaller as so many believe.

11. Color is Always King and Beige is Boring - I think we've all made some color mistakes in the past but Rule #11 can be a particularly fatal mistake many Realtors will make trying to play it safe with the home sellers by telling them to paint the house a neutral color. What you get is a bunch of black holes (furniture) in a white or vanilla setting...not good for those Internet photos. The reason why a Realtor would do this is very sound...most people cannot pick out color very well and use it to their advantage. If you don't feel comfortable with this tricky skill then play it safe but remember, paint is the easiest and least expensive way to drastically improve interiors. If nothing else, have an experienced professional home stager give you a simple consultation and suggest colors. Decorators and Stagers will have the tools and rules to know when to play it safe and when to use color to highlight or downplay a particular feature.

12. Create "Emotional Connection Points" - Well you made it, point number 12 is like icing on a cake (and what would a cake be like without icing?). Like any great marketer, strive for "buyers envy" when they view your home by creating points throughout each room that speak to buyers emotionally about a lifestyle they can aspire to. This subconscious conversation gives buyers fuel for their imagination and multiple reasons to purchase this "emotionally" staged home. You want a buyer to walk into a house and say, "this is it, this is the one, this is where we FEEL HOME". There are simple ways to do this: set out a tray on your master bed with a newspaper and cup of coffee, drape a throw and soft pillow over your favorite chair, set out plates, napkins, wine goblets and wine on an outside patio set and stack fluffy towels on your bathroom counter as well as several pillars of lit candles.

I hope these 12 rules have helped you in your efforts to prepare you home to sell. It takes a bit of work but is a small investment in a much bigger reward of selling your home fast and for more money. Good luck!

Orlando, East Orlando, Fl. Lake Nona area Home Sold

****YES**** SOLD Today Orlando, Lake Nona Area Home
Jerry LaRose | Keller Williams Classic Realty | jerry@jerrylarose.com | 407-580-7011
5011 Coveview Dr., Saint Cloud, FL
PRE-FORECLOSURE, PRICE REDUCED FOR QUICK SALE and/or SELLER WILL CONSIDER LEASE PURCHASE. Never occupied. Like-New in Gated community. Engle Home King
4 Bdrm Single Family House
offered at $499,900
Year Built 2005
Sq Footage 3,310
Bedrooms 4
Bathrooms 3 full, 1 partial
Floors 2
Parking 3 Car garage
Lot Size Unspecified
HOA/Maint $58 per month

DESCRIPTION

PRE-FORECLOSURE, PRICE REDUCED FOR QUICK SALE and/or SELLER WILL CONSIDER LEASE PURCHASE. Never occupied. Like-New in Gated community. Engle Home Kingston Plus Model. Granite counters, Stainless Steel upgraded appliances, 18x18 tile, downstairs Mastersuite, premium WATERFRONT lot with view of Fells Cove. Spacious upstairs bonus, 3 car garage. Lots are surrounded by natural beauty and a true sense of privacy with lake frontage behind you and a large conservation area directly across the street. Only 6 minutes from the new Lake Nona medical cluster, which includes the Burnham Institute, UCF Medical School, VA Hospital, and research park.

see additional photos below
PROPERTY FEATURES

Central A/C Central heat Walk-in closet
Tile floor Family room Living room
Bonus/Rec room Dining room Breakfast nook
Dishwasher Refrigerator Stove/Oven
Microwave Granite countertop Stainless steel appliances
Attic Laundry area - inside Balcony, Deck, or Patio
Yard

COMMUNITY FEATURES

Garage parking Swimming pool(s) Lake
Playground Gated property


OTHER SPECIAL FEATURES

Lake Front Property

ADDITIONAL PHOTOS

Seller contact info:
Jerry LaRose
Keller Williams Classic Realty
407-580-7011
For sale by agent/broker

powered by postlets Equal Opportunity Housing
Posted: Feb 20, 2008, 2:30pm PST

WATERFORD LAKES, AVALON PARK, EAST ORLANDO, FLORIDA

The Waterford Lakes Area is ideally located near many Central Florida attractions, amenities, and top employers. An easy commute of approximately 30 minutes may place you at Cocoa Beach, downtown Orlando, Kennedy Space Center, Universal Studios, or Walt Disney World.

Waterford Lakes Town Center features such retailers as Super Target, Best Buy, and Barnes & Noble as well as over 100 specialty shops. Across the street from the Town Center is another shopping area called The Towers which is anchored by Home Depot, Circuit City, Kohls and Sports Authority. Shopping, dining, and entertainment made easy.

East Orlando employers include: University of Central Florida, Siemens Westinghouse Power Corp., Lockheed Martin, Florida Hospital East Orlando, Orlando International Airport, and Research Park.

Research Park is home to 9500 employees who work for such companies as the National Center for Simulation, the Naval Air Warfare Center Training Systems Division, Hewitt Associates, Adaptec, Boeing, the Airforce Agency for Modeling and Simulation and the Army Simulation, Training, and Instrumentation Command.

Ground will soon be broken to build University of Central Florida's medical school- The Burnett College of Biomedical Sciences. The mission of this college is to build nationally recognized research and education programs in the biomedical science field.

Innovation Way is expected to be completed in 2009. This 5.5 mile stretch of roadway will run from the University of Central Florida area to the Beachline Expressway (SR-528). The construction of the interchange connecting Alafaya Trail and the Beachline has been delayed, but District 4 Orange County Commissioner, Linda Stewart, is confident that the project will be completed on time.

Waterford Lakes area homes are surrounded by conservation areas, golf courses, and luscious landscaping. You will see people enjoying life; children playing in the neighborhood parks, cyclists, joggers, and dog walkers. All in all, the Waterford Lakes Area of Orlando is a great place to live!

About Avalon Park, FL

Located in East Orlando, Avalon Park is the epitome of small town America. With its combination of homes, townhomes, apartments, modern day conveniences and close proximity to major highways, Avalon Park is the ideal community in which to call home. Located adjacent to the Econlockhatchee River, Avalon Park has 240 acres of wetlands, 250 acres of man-made lakes, and amenities galore.
T
he communities of Avalon Park, Stoneybrook and Eastwood, offer some of the best living in Central Florida. Real estate options consist of single-family homes, condominiums, townhouses and custom homes. Avalon Park is a well designed mixed-use development that embodies the much desired attributes of small-town America. Avalon Park offers a delightful mix of residences, schools, shops and restaurants, as well as a pedestrian-friendly community with tree-lined streets and amenities that are all within walking distance.

Stoneybrook, is a residential golf community featuring some of the most beautiful homes in the area, as well as a par-72 golf course with picturesque views and naturally preserved wetlands.

Eastwood is defined by its residential neighborhoods and their proximity to nature. Each village neighborhood within Eastwood is pedestrian oriented with emphasis on schools, parks and recreation. Eastwood is also a golf community, with one of the premier 18-hole courses in Orlando, featuring lush fairways dotted with lakes and an outstanding pro shop.

At the center of the Avalon Park community lies the Avalon Park Town Center where you can find a Publix shopping market, medical facilities, hair salons, a Mobile gas station, and several dining establishments. In addition to the conveniently located Town Center, Avalon Park offers a wide selection of amenities. Spend your weekends at the children's water park, playing tennis, racquetball, basketball, softball, biking and swimming at the community pool. With so many choices at your disposal, you will never have to leave the area.

One of the unique features of Avalon Park are the monthly events that take place drawing thousands of people from across Orlando. Oktoberfest, Movies Under the Stars, and Spooktacular, are just some of the exciting events that Avalon Park has to offer.

Avalon Park Schools
Primrose (private pre-school)
Avalon Elementary
Stone Lakes Elementary
Avalon Middle
Timber Creek High School

Avalon Park Dining
Morning Glories Restaurant
Barnie's Coffee
Brianto's Original Hoagies
Subway
Bamboo Wok
Beef O' Brady's
Margarita's Grill
Milano's Pizzeria and Italian Restaurant
Mikado Sushi and Japanese Restaurant