Jeramie Vaine

We've been spending a lot of time working with clients on their short sales and their situations. It amazes me how many seller's do not understand that hiring a Realtor to assist with their short sale we can help them out of their stressful, emotional and financial draining situation.

We understand all situations are different and we can not help everyone, however we will do our best to make sure all bases are covered and if there is a legal way you will be helped. We've surrounded ourselves with some amazing individuals that can provide advice from all aspects of the process from legal to financial.

As Realtors we can only help you sell your home and negotiate with the bank, that is of course if you give us the permission by signing the 3rd party authorization form. Unfortunately we can not and will not give you legal advice or financial, however as I said before, we did surround ourselves with some of the industry's best to make sure we can provide you with a full service, one stop shop throughout this process.

So if your considering a short sale, contact your Realtor and if they don't want to help you or can't contact me! There are ways to get this weight off your should and we are here to help!

Wow, its been a crazy weekend. All kinds of action in Orlando's market right now, from foreign investors to distressed homeowners, all the bases have been covered in the last 72 hours.

The weekend started off with some amazing opportunities on a few investment condos I found for one of my clients. After running the numbers and looking at the potential cash flow opportunities phone calls were being made to their friends and family back home to " jump on these deals".

After that ball started rolling, I switched gears to work with some clients that are relocating from the northern, fast paced part of the country that is buried in snow currently. They were amazed at how much how you could buy here in Orlando for the price. All the kept saying is the prices are so cheap, taxes are so cheap, what is the catch. I told them there is "no catch this is our market", and yes some experts are calling it a "horrible housing situation". Needless to say they are excited and ready to make the move.

I spent the remainder of the time researching some short sales and working on systems to help buyers and sellers have an expedited service when needed. We have been working on many short sales and we are trying to keep our success rate well into the green. The more we convert, the better everyone makes out. This is such a crucial part of our market that I refuse to give into the negativity swirling around the short sale. We still haven't had any experience with the new cooperative B of A system, but I think that will happen shortly.

It has been a great weekend of Real Estate, now ending it off with some R & R and a little ice hockey, Orlando truly has everything!

I've been reading and following some of the latest market trends throughout the country, one thing that is evident now is the time to invest in real estate. With a large volume of homes in or going through the foreclosure process, sellers are motivated and the prices reflect this!

Investing in this market is not a slam dunk with huge profit margins, there are rules to investing and one of them is to utilize a Real Estate Pro that understands your investment criteria. Each market is different and each type of investing has different set of guidelines.

Currently in the market I work in I have seen a few trends. In Orlando, there has been a large push for investment properties that are utilized as rentals, with a positive cash flow coming in monthly. These properties vary from single family homes to town homes and condos. The ROI (return on investment) varies with each property and with each investors needs.

Another avenue is the fix and flip method, this method has been around for a long time, but due to the current housing situation the equation has changed. With lower profit margins and aggressive pricing, the fix and flip method is still profitable. By utilizing the latest market trends and finding an area that has a lot of activity, success is still being obtained and profits made.

Consult with your local agent today about their investment expertise! If you continue to wait, the real deals will be gone and you'll be making another investor profit!

Well I've been reading a lot of great blog and great information lately. One of the things that I've been reading is about goals and the new year resolutions.

Sooo...I've decided to follow suite, I've got my goals written down and just started up something new with my blogs! A daily blog with a theme, today Short Sale Saturday! I am going to keep it basic just to ease into this....here we go!

Living in Orlando our market, just like everyones of course, is filled with short sales. The short sales, still to this day have many buyers and sellers confused. At least every other client I speak with does not understand how the process works, they have some ideas but not 100% confident on what is involved in a short sale.

The main thing with a short sale is that there is a 3rd party involved in the sale, this 3rd party could be 4th and 5th party sometime but there is definitely always another party involved in deciding if the deal is accepted. This party, the bank holding the mortgage or mortgages on the property, holds the most clout in the decision process because they are taking the biggest lost.

A misconception about a short sale is that it is a "short" time frame. Unfortunately this tag can not be applied to the short sale process, the sales process can take anywhere from 2 months to year to be completed, depending on the seller and parties involved.

Another thing about short sales that is misunderstood is that the short sale is the cheapest property on the market. This again is not the case all the time and if it is the best deal on the market the 3rd party could reject the deal because they want the most money, just like any seller. (The sold comparable properties should always be checked no matter the type of sale to make sure you are getting the best deal)

This is just a brief description of a short sale from the buyers side, I'll keep updating it weekly providing other tips and information.

If your a seller and your wondering if you can short sale your property, talk to you Realtor and your attorney. If your agent wont help you or can't, speak with a short sale expert and get yourself out of that stressful situation!

Living in sunny Orlando has been a great place to live and work. The weather is amazing and the home prices are extremely affordable! Yes, we are ranked high in the distressed sale market and "experts" say the worse has yet to come. But for those of us who live and work in this market know that its, we see a different picture.

One of the first things that comes to mind when you think of Orlando is Disney. What are they doing? EXPANDING, typically when you expand you need people to work during the expansion process and ultimately after the expansion is complete. So with people getting put back to work and houses at an affordable price, the only thing the market can do is go up. Oh and throw in the factors that 2nd home and vacation home sales are on the rise again coupled with a strong investor market, Orlando's market is gaining strength!

So as an agent in this beautiful place, my glass isn't just half full its about to overflow with opportunity!