Mark Horan P.A. "The Resident Chef"

Interest Rates Fall to Near Record Lows. Reports Inman News this morning. 30 year fixed mortgages, 5.31% and the 15 year fixed to 4.82. With these near record lows will it be enough to kick start the housing industry? If consumers were on the fence, now is the time to kick it into action.

Low rates, huge inventories, many inexpensive Bank Owned Properties here in Kissimmee and Saint Cloud Florida my phone should br ring off the hook today.

Homeowners that are in danger of losing their homes because of adjustable rate mortgages have been helped by The Hope Now Initiative

Homeowners that had to short sale their homes have been helped by HR 3648, The IRS not taxing their loss on their mortgage as an income gift.

Government secured loans are being made available to homeowners that have adjustable rate mortgages so they can refinance with FHA Secure.

So, with all of these great things in place, I'm still waiting for the phone to ring.

Home Buyers, It doesn't get any better than this!

The Resident Team is here to help you with your new home purchase. We will help you purchase New Construction, existing homes, Bank owned properties, or investment homes. Call today! We will share Central Florida's inventory with you.

These Rates won't last forever, so act now!

With Kissimmee and Saint Cloud, Florida are Expanding, road crews are working hard everyday to expand Neptune Road from a lazy 2 lane tree covered route between Kissimmee and Saint Cloud Florida. The road is being expanded to 4 lanes to accommodate the traffic of the 4,000 homes scheduled to be built between the Kissimmee and Saint Cloud boarders.

Commuters along this route are making different detours on a daily basis as the infrastructure changes. New telephone poles are being installed. Higher and made of steel. Replacing the old wooden ones that have stood for years.

The roadways are being equipped with new storm drains to aid in water removal during the rainy season.

When the road was being torn up I felt sad as to the outcome of the bike path that ran along side Neptune Road. It was always the best route to head to the Lake Tohopekiliga to see the 4th of July fireworks. Not to mention, the fastest way out through the traffic jam when they ended. I am glad to see that there are now going to be paved sidewalks on both sides of the new road. But I will miss the two bicycle bridges that quacked as you rode over them. Sadly, they will be replaced too with a sturdier structure.

Progress and growth is still happening in Kissimmee & Saint Cloud Florida. They even built a new elementary school on Neptune Road. Behind the Orange groves that lines the Saint Cloud end of the road. The groves on the South side of Neptune Road have been removed. But, it's ok, they planted new seedling in it's place.

I will miss that 10 minute delay on the way home every night, My time to reflect on how Osceola County has grown.

Kissimmee and Saint Cloud, Florida have homes at a Great Deal!

There are many Bank Owned Properties on the market at a reduced rate.

The time to buy is now, don't let these great deals in Kissimmee and Saint Cloud Florida get away from you. For a primary residence, or a second home

The prices are where you have been waiting for them to hit. Rock Bottom is here! CallMark Horan today to get the deal you have been waiting for. Buy now before prices take the turn upward. Bank Owned Properties are everywhere. You have always heard about buying Foreclosures, This is what the buzz is about. Bank Owened Properties that have been aquired through Foreclosures.

Call today and I will help you aquire an inexpensive Bank Owner Property.

Kissimmee and Saint Cloud Florida have 77 Bank Owned Properties starting at $84,900 to $199,900.

I was looking at an REO with a client this evening. An REO is a bank owned property.It is the result of a foreclosure that the bank bought back at the sheriff's auction. Here in Kissimmee, Florida the amount of REO's are climbing.

So the buyer I was working with asked, which is better to buy? Well I told him: Buying a foreclosure is done at the sheriff's auction. You need to be able to settle by 3:00pm the same day. Not many people have the funds to do so.

Pre-foreclosure is the sale of the property for the sellers to avert foreclosure by selling their home before final judgement is rendered by the courts. This is usually a short sale. Lenders will take 16%-20% on the amount owed on the note to end the foreclosure process. But, it's time consuming.

Buying a bank owned property in the down market that we are experiencing in Central Florida is probably the best way to purchase a home currently. The bank has already conceited to the 20% loss, but now they own the property and the clock is ticking on them. These properties are priced on the market and not on what the previous owner owed on the property. So, in a falling market, the REO will be priced very competitively.

REO's must be inspected. They are vacant and I saw one in December that a baseball bat was taken to the appliances, toilets, and counter tops. But, it was price accordingly.

The prices are great, it's time to buy!

The Resident Mark

www.ResidentTeam.com

Here in Kissimmee, Florida we know spring is here when the Houston Astros and The Atlanta Braves come to town. That is our Grapefruit league spring training teams. It's great entertainment for the whole family and very reasonably priced.

Whether your in the cheap seats or in box seats, because of the size of the stadiums you are close to the action.

Season tickets are reasonable too. Or just catch an afternoon game and relax in the sun. If your relaxing, remember how close you are, there are foul balls that come right into the stands, so you have to have your gaurd up. Or bring a glove.

Watching the young players try and make the team for the final roster is fun.

There are games most days in Central Florida. Within an hour you can see half the Major League teams before they move North for the Season.

The setting is relaxed and players don't mind signing an autograph or two after the game.

If you want to escape the snow and start spring early, join our boys of summer and book a trip to the Kissimmee/Saint Cloud resort area to Osceola County Statium and cheer on your favorite Team!

The Resident Mark

www.ResidentTeam.com