Market woes also affecting builders !!

Builders are not immune from the current real estate market downturn. Clearly the affects of the mortgage sub-prime meltdown has had a drastic affect on everyone. As you may be aware foreclosures are at an all time high and will continue. In the Orlando market we have seen a large local builder(Levitt and Sons) file for bankruptcy last week. There is also indications that the parent company TOUSA of Engle homes is considering bankruptcy also. Well the issue now becomes that the resale market may be a better option for buyers. Remember that if you purchase a new home you must make sure that all contractors have been paid or you could potential have liens placed on your home. The other issues are pending warranty issues may not be resolved by the builder. The builders have been reducing prices of their product for some time also putting pressure on resales. It is my opinion that the builders will have to keep cuts at a minimum to assure a profitable business model. This is definitely a "buyers" market in which "sellers" must adjust to accordingly. As a Realtor I am specializing in foreclosures to help clients save their credit. I also provide honest guidance to meet all you Real Estate needs. Goto www.sellingUorlando.com for furhter details.

Payoff Home in 1/3 the time!

The traditional method of paying a loan.....Interest on your mortgage is calculated on a "Daily Compounded Balance". Because your loan amount is so large, and your term for so long, you will be charged a huge amount of interest. It's called "Time Value of Money". After 30 years, you have paid close to 3 times the original amount you borrowed. In fact, during the first 7 years, you barely reduce your principal, because most of your payment goes toward interest. Many homeowners move within 7 years and they depend solely upon appreciation for increased equity.

Because of the current Real Estate market, you can no longer rely on property values to increase to build Equity in your home! You must take personal responsibility for your finances.

There are currently a few companies that are offering a system to help homeowners payoff their homes in a 1/3 of the time utilizing sound mathematical banking principles. One of these programs have been featured in NBC news .

This System will quickly build your home equity and pay your mortgage off faster than any other mortgage reduction strategy available…WITHOUT you having to refinance.

Goto http://www.maxequityexpress.com/ for additional information. I have negotiated a promotional price for our blog readers, but you must contact me at http://www.sellinguorlando.com/ for additional details.

Fully Rented Casselberry Duplex For Sale

Fully Rented Duplex For Sale in Casselberry

• 1,684 sq. ft., 1 bath, 2 bdrm duplex - MLS® #O4792060 $230,000 USD - Income Producing Property
Concord, Casselberry - Excellent investment, fully rented Duplex! Why buy a single family home when you can have the benefit of dual income!! Very Nice and Well maintained property. New Carpet, freshly painted, NEW SEPTIC, Excellent tenants. This property is a must see! Owner/Agent
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