Orlando Homes Sales - La Rosa Realty Kissimmee

Renting a house is a good option when you move to a city, have debts, or a very low Credit Score. However, when you rent a house you are losing money, since with less money you could pay your mortgage. When buying a house, the value of your house will increase over time, which represents a capital gain. When you buy your house you will have the freedom to make the structural changes you want and remodel as you wish. Buying a house will make you feel proud having achieved your dream, also giving you a lot of security.

Investors do not pay any kind of fee. We will advise you to make your best investment. Throughout the process we will manage all the paperwork required to save you costs, time and above all stress. You may wonder what we earn as agents, don’t worry, our commission is always paid by the property seller.

In the vacation home business, it is essential that the home has a good location and is close to the main attractions. Most tourists that come to Orlando mainly visit Disney World and Universal Studios, therefore this area is attractive. You can buy a large house with a low rental price, but if it is not well located, it will not be profitable.

Before starting it is important to define how you will invest. Some of the ways to invest in real estate in Orlando are: buying vacation homes, buying monthly rental homes, or flipping. Some of our investors want to buy to rent to tourists and also to have the opportunity to come to Orlando every year to stay in their own property. Others like rent month to month and some buy to remodel and sell, also called Flipping, it all depends on what your goals are. If you plan to buy a house in the near future, it is important that you know the process to buy a house in Orlando . Once you have made the decision to start, do not hesitate to contact us and we will advise you at no cost.

The closing costs vary between 1% and 3% of the total sale price of the house. For more information regarding closing costs, contact us to advise you throughout the sales process.

Before deciding to buy a house it is important that you save an amount of money that is enough for the closing costs. On the closing day there are certain costs that are borne by the buyer and others by whom sells the house. The closing costs that correspond to you range between 2% and 5% of the purchase value of the house. Now, there are special cases. For example, when buying a new home in Orlando, either to live in or invest in real estate in Orlando, most of the builders assume part of closing costs, saving you extra money.

It is not always necessary, but in certain cases it will be very attractive for the buyer to know that he/she has a home warranty. Offering a home warranty will depend on each situation. It is the real estate agent who can guide you depending on the exact situation of your house.

You may think that it is just a house, that it is the same as selling a car. Often our clients, after completing the entire process, say phrases like “I couldn’t have done all this without you”, take a look at our testimonials. A real estate agent with experience selling houses will advise you before putting the house up for sale. It will make a comparative analysis to define the sale price and thus achieve the objective in the shortest possible time. A Realtor will advise you to make your house look like a mall store and be more attractive. Your real estate agent will be in charge of offering the house and negotiating the different offers. Your agent will also handle the toughest, all paperwork that carries a lot of fine print. Doing this on your own could be expensive if you make a mistake out of ignorance. In addition, your agent will take care of the marketing strategies that a home sale requires.

There is no magic number to answer this question. The time it will take to sell a house depends on several factors such as: location of the house, price (it is important to do a market analysis to set a competitive price), and market situation. The latter is very important, since there are two types of scenarios, buyer’s market and seller’s market. In recent years, due to the large number of people who have moved to Orlando, the market has been in favor of the seller. Thanks to this, the time required to sell houses in Orlando is not high. Now, in a certain case that a crisis occurs that affects the financial situation of the country, this can change. If the market changes in favor of the buyer, as a consequence the value of the houses may decrease a little.

Most mortgage lenders prefer to see credit scores of 600 or higher. Now, nothing is written in relation to this, but it is suggested to have this score as high as possible. Contact us to advise you and help you increase your credit score.

In most cases, the closing of a house takes between 30 and 60 days. Now in some cases it may take a little less and in others it may take a little longer. Working with an experienced Realtor guarantees to close in the shortest possible time and with the least number of contingencies.

The downpayment is the initial amount you must pay when buying a home. This varies depending on the type of mortgage. If the mortgage type is FHA, the minimum down payment is 3.5%. If it is a conventional mortgage, the initial minimum would be 5%. It is important to consult beforehand with a real estate agent and a lender to select the best option. There are veterans loans, which is an excellent option for those who are currently or have served in the military. The main advantage of this type of mortgage is that it does not require a down payment to buy a home. Another type of loan that does not require a down payment is the USDA, known as “rural loans.” This type of loan applies to people who live in an area where the population is less than 35,000. Contact us for any questions about the types of mortgage.