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Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties

How To Estimate the Number Of Jelly Beans in a Jar When You’re a Real Estate Agent in Orlando FL

This afternoon I attended a block party. One of the ‘games’ was to estimate the number of M&M Chocolate-Covered Peanuts in a jar. Not jelly beans, I know. But I like M&M Chocolate-Covered Peanuts better, anyway.

I’ve played these games before and never came close.

This time, the ‘hostess’ held up the jar, and I immediately saw something I never saw before. Instead of getting lost in the whole jar, I saw only the rectangular area of M&M Chocolate-Covered Peanuts directly facing me.

I made a calculated guess of how many M&Ms were in that rectangle. Didn’t count each one, just eyeballed it and came up with ...

25

Then I guessed how many rectangles made up the circumference of the jar ...

6

Then I multiplied 25 x 6 =

150

Then I took a wild stab at the interior volume of the jar ... the part I couldn’t see. I guessed ...

½ of surface area = 75

Therefore total M&Ms in the jar should equal ...

150 + 75 = 225

Since my lucky number is 2, I made my official guess ...

222

The correct answer was ...

237

I didn’t win because someone else guessed 230.

Next time I’ll estimate that the center of the jar is halfway between 2/3 and ½ of the jar, or halfway between 75 and 100, which equals ...

87.5

Therefore, 150 + 87.5 equals ...

237.5

Think everybody, including me, will be freaked out?

What this has to do with real estate, I really don’t know, but one day I’ll figured that out, too!

Avalon Park East Orlando FL Short Sales in October 2009

These smart homeowners didn’t have to lose their house to foreclosure. Instead, they hired a real estate agent to help them sell their house as a Short Sale.

Street

Date Sold

Original List Price

Sold Price

Beds

Baths

Sq Ft

Pool

ABEY BLANCO

10/09/09

$259,000

$184,000

4

2

2888

N

WILD TAMARIND

10/29/09

$164,900

$165,000

3

2

1714

N

PODOCARPUS

10/16/09

$179,900

$192,000

4

2

2297

N

GUIANA PLUM

10/27/09

$195,000

$165,000

4

3

1913

N

FLOWERING DOGWOOD

10/12/09

$549,000

$365,000

5

4

3458

Y

Properties have been listed and sold by various MLS members.

Data drawn from the My Florida Regional Multiple Listing Service.

Because the payoff of a loan will be ‘shorted’ by a significant amount, the mortgage lender must approve a Short Sale. Handled properly, the likelihood of successfully selling your house as a Short Sale is high. Once the Short Sale is behind you, you can often get on with your life with hardly a backward glance.

A Short Sale is nothing more than putting your house up for sale in the usual manner, waiting for a qualified buyer just like any other home seller would, facing a few extra hurdles, filling out additional paperwork, waiting a bit longer for the closing to take place, and finally moving out and moving on.

Real benefits come with selling your house as a Short Sale. Among them are: 1) substantially reducing or completely eliminating financial liability, 2) minimizing damage to your credit rating, 3) emerging from bad credit quicker than you would with a foreclosure, and 4) having a sense of satisfaction that you’re taking care of the problem proactively and responsibly.

Avalon Lakes East Orlando FL Short Sales in October 2009

These smart homeowners didn’t have to lose their house to foreclosure. Instead, they hired a real estate agent to help them sell their house as a Short Sale.

Street

Date Sold

Original List Price

Sold Price

Beds

Baths

Sq Ft

Pool

CROWN HILL

10/26/09

$192,000

$190,000

4

2

2239

N

EARLY FROST

10/29/09

$195,000

$185,000

5

2

2750

N

EARLY FROST

10/21/09

$185,000

$175,000

6

3

2837

N

HIDDEN FOREST

10/14/09

$215,000

$196,000

5

4

2840

N

MORNING FROST

10/28/09

$225,000

$171,000

4

2

2164

N

SAPPHIRE BAY

10/22/09

$189,000

$155,000

3

2

2336

N

Properties have been listed and sold by various MLS members.

Data drawn from the My Florida Regional Multiple Listing Service.

Because the payoff of a loan will be ‘shorted’ by a significant amount, the mortgage lender must approve a Short Sale. Handled properly, the likelihood of successfully selling your house as a Short Sale is high. Once the Short Sale is behind you, you can often get on with your life with hardly a backward glance.

A Short Sale is nothing more than putting your house up for sale in the usual manner, waiting for a qualified buyer just like any other home seller would, facing a few extra hurdles, filling out additional paperwork, waiting a bit longer for the closing to take place, and finally moving out and moving on.

Real benefits come with selling your house as a Short Sale. Among them are: 1) substantially reducing or completely eliminating financial liability, 2) minimizing damage to your credit rating, 3) emerging from bad credit quicker than you would with a foreclosure, and 4) having a sense of satisfaction that you’re taking care of the problem proactively and responsibly.

Oviedo & Chuluota FL Short Sales in October 2009

These smart homeowners didn’t have to lose their house to foreclosure. Instead, they hired a real estate agent to help them sell their house as a Short Sale.

Street

Date Sold

Original List Price

Sold Price

Beds

Baths

Sq Ft

Pool

RIVEREDGE

10/22/09

$139,800

$137,000

3

2

1321

N

CANAL CROSS

10/29/09

$209,921

$170,000

4

2

1710

N

WATER LILY

10/09/09

$229,000

$230,000

4

3

2291

N

LAKE LENELLE

10/12/09

$419,900

$288,000

4

2

2322

Y

HEIRLOOM ROSE

10/29/09

$500,000

$470,000

5

4

4319

Y

Properties have been listed and sold by various MLS members.

Data drawn from the My Florida Regional Multiple Listing Service.

Because the payoff of a loan will be ‘shorted’ by a significant amount, the mortgage lender must approve a Short Sale. Handled properly, the likelihood of successfully selling your house as a Short Sale is high. Once the Short Sale is behind you, you can often get on with your life with hardly a backward glance.

A Short Sale is nothing more than putting your house up for sale in the usual manner, waiting for a qualified buyer just like any other home seller would, facing a few extra hurdles, filling out additional paperwork, waiting a bit longer for the closing to take place, and finally moving out and moving on.

Real benefits come with selling your house as a Short Sale. Among them are: 1) substantially reducing or completely eliminating financial liability, 2) minimizing damage to your credit rating, 3) emerging from bad credit quicker than you would with a foreclosure, and 4) having a sense of satisfaction that you’re taking care of the problem proactively and responsibly.

Oviedo FL Short Sales in October 2009

These smart homeowners didn’t have to lose their house to foreclosure. Instead, they hired a real estate agent to help them sell their house as a Short Sale.

Street

Date Sold

Original List Price

Sold Price

Beds

Baths

Sq Ft

Pool

Abell

10/14/09

$170,000

$120,000

2

2

1126

N

Covington

10/09/09

$165,900

$121,000

3

2

1125

N

State Road 426

10/09/09

$450,000

$170,000

4

2

2024

N

Lake Claire

10/29/09

$219,000

$202,000

4

2

1922

N

Oak Hammock

10/16/09

$200,000

$185,000

3

2

1652

N

Rochester

10/14/09

$279,900

$218,900

4

2

2312

N

Bullbush

10/13/09

$225,000

$225,000

4

3

2243

Y

Radisson

10/14/09

$325,000

$342,000

4

3

2798

Y

Ellington

10/15/09

$489,000

$425,000

5

3

3632

N

Wembley

10/02/09

$599,000

$416,000

5

3

4220

Y

Bear Stone

10/08/09

$499,888

$430,000

4

4

3795

Y

Properties have been listed and sold by various MLS members.

Data drawn from the My Florida Regional Multiple Listing Service.

Because the payoff of a loan will be ‘shorted’ by a significant amount, the mortgage lender must approve a Short Sale. Handled properly, the likelihood of successfully selling your house as a Short Sale is high. Once the Short Sale is behind you, you can often get on with your life with hardly a backward glance.

A Short Sale is nothing more than putting your house up for sale in the usual manner, waiting for a qualified buyer just like any other home seller would, facing a few extra hurdles, filling out additional paperwork, waiting a bit longer for the closing to take place, and finally moving out and moving on.

Real benefits come with selling your house as a Short Sale. Among them are: 1) substantially reducing or completely eliminating financial liability, 2) minimizing damage to your credit rating, 3) emerging from bad credit quicker than you would with a foreclosure, and 4) having a sense of satisfaction that you’re taking care of the problem proactively and responsibly.