New Two-Bedroom Listing in Oakwater Resort

2755 Oakwater Dr has just hit the market this morning and it’s just one of those listings you can’t miss. The condo is a two bedroom, two bathroom, second floor unit with an attached 1-car-garage.GetMedia.ashx

Offered at $133,900, 2755 Oakwater Dr is competitively priced and currently the lowest-priced listing [as of December 8th, 2015] on the market in Oakwater!

GetMedia-2.ashx.jpegThe condo is in a short-term rental program and may be sold with future bookings in place. The stylish furnishings are negotiable too!GetMedia-1.ashx.jpeg

Oakwater Resort is a popular community amongst travelers who frequent Central Florida. The community is known for it’s tranquility and offers peaceful “relaxation after the parks.”getmedia-5.ashx

If you, a client, or someone you know may be interested, please fill out the contact form below to schedule your private showing.

 

 

Daniel Collaborates with UK Television Program

Daniel Young, Broker of Evergreen Real Estate Services, will be making an appearance on the popular UK TV show called “Place in the Sun” after working with the shows producers for some time.

Young was approached to assist in the home-search for Florida buyers looking to relocate from the UK. He also shared market knowledge and advice to buyers in an interview segment with the shows hostess- Laura Hamilton.

The episode is expected to air in March and will be shown on Channel 4 in the UK.

Here’s a photo of Daniel with Laura Hamilton following the taping of their segment. IMG_6380.JPG

 

Development of Skyplex Orlando APPROVED!

An article published last night by the Orlando Sentinel sates:

“Orange County commissioners on Tuesday unanimously approved the proposed Skyplex Orlando development on International Drive, which features a 501-foot roller coaster, despite intense lobbying from Universal Orlando.

For months, Universal leaders have fought the project, citing concerns about traffic in the area while focusing on the height of the roller coaster. Lobbying efforts included sending thousands of mailers to neighborhoods across Orange County.

Also on Tuesday, there was a signal that Universal has big development plans nearby. Two Orange County commissioners said that Universal’s chief lobbyist told them the theme park company has a contract to purchase 474 acres of properties about 2 miles away.

Commissioners Pete Clarke and Ted Edwards did not know what the properties east of Universal Boulevard near the Orange County Convention Center would be used for, but “the impression is whatever it is, it would be big,” Edwards said. “It’s exciting.”

Universal had no comment.

The additional acreage would be a huge boon to Universal, which has ambitious plans but has been stymied by the fact it has limited land. The property would be large enough for a third theme park.

Skyplex attorney Hal Kantor said Tuesday that he thinks Universal Orlando is motivated to oppose Skyplex because it is angling to buy the 474 acres known as Colony properties.

“If Universal acquires that site, then they start acting more like Disney. That’s what I think this whole thing’s about. It’s hundreds of acres,” Kantor said.

Commissioners approved the rezoning request for Skyplex after 46 people spoke during the nearly three-hour public meeting. An overwhelming majority, including 41 I-Drive business leaders, residents in neighboring Tangelo Park and others, threw support behind the embattled project.

Joshua Wallack, developer of Skyplex, said Universal was “too aggressive” in efforts to thwart his project, and his team downplayed fears the tower would emit too much light and would be an eyesore to nearby communities.

“When you actually look at it,” said Wallack after the meeting, “it’s this tiny Jimmy Dean sausage on the horizon.”

Wallack said construction of the tower would be started first and that he is looking for funding from Chinese backers. He hopes the complex will open in 2018.

The $500 million project, which would be built at the intersection of International Drive and Sand Lake Road, needed final county approval before moving forward in planning and construction.

The Federal Aviation Authority ruled in July that the 501-foot roller coaster, which would be the tallest in the world, did not pose a threat to aviation traffic. The FAA approved the tower’s height up to 700 feet.

Plans for that tower include a thrill-drop ride built inside the framework of the roller coaster, an observation deck and a rotating restaurant, said Wallack. Kantor said the tower would not be taller than 600 feet.

In October, the Orange County Planning and Zoning Commission had voted 4-3 against recommending the Skyplex parcel for rezoning.

Two of the five people who spoke Tuesday against the Skyplex development were Peter Latham, Universal’s attorney, and John McReynolds, Universal’s head of external affairs.

During their allotted two minutes, the amount of time speakers were granted, they reiterated concerns presented at previous meetings, which they emphasized weren’t driven from a competitive standpoint.

“We are here to talk about compromise and talk about what is an appropriate height,” said McReynolds.

Universal has a height limit of 200 feet on rides and attractions, a limit set by Orlando government and ordinances.

Latham focused on the amount of traffic the new development would bring, saying Wallack’s team has not done adequate research into that.

Three county residents spoke against the project, concerned about the public-safety aspect of any traffic the complex would result in and the visual impact it would have on the skyline.

Those in favor of the project, including Orlando attorney and real-estate agent Mark NeJame, said the development was necessary for the continued growth of North I-Drive.

NeJame, born and raised in Orlando, said he has seen the region become more accepting and progressive, and voting against the project would have been a step in the wrong direction.

“This city is nothing like what it’s been,” he said.

Chuck Whittall, president of Unicorp National Developments, the developer of the I-Drive 360 entertainment complex south of the Skyplex site, said he chose to unite with Wallack instead of fight him because it betters the community.

“The more critical mass is better for all of us,” said Whittall. “Growth sparks growth.”

Commissioner Victoria Siplin represents the district Skyplex will be built in. She said Tuesday that she was impressed by the showing of solidarity among business owners in her district.

Orange County Mayor Teresa Jacobs said she was surprised at the unanimous vote and the turnout.

“And I think the thing that’s important to remember is this wouldn’t fit most places, but I-Drive is the place for projects like this, and that came across loud and clear,” Jacobs said.”

 

Source: Orlando Sentinel, written by Caitlin Dineen

How Much House Can You Afford?

UnknownJust because a lender approves you for a mortgage doesn’t mean you can comfortably afford it.

It doesn’t matter if you’re searching homes for sale in Fort Lauderdale, FL, or Philadelphia, PA. Type “how much house can I afford” into a Google search and you’ll come up with a number of online tools and mortgage calculators to help you figure the answer to your query. You might also see rules of thumb that state things like “your mortgage payment shouldn’t take up more than 35% of your monthly income.”

But it’s important to make sure you understand how the pieces all fit together, and that you take your personal financial situation into account. Here’s why.

Financial rules of thumb may not apply to you

Every person’s finances are just as individual as they are. So while it may be a good reference point to know that your mortgage payment shouldn’t be more than 35% of your monthly income, that figure could vary a lot depending on things such as debt and other monthly payment obligations, not to mention how much you’ve saved for a down payment.

Online mortgage calculators such as this one from Trulia are great at giving you a clearer starting point for mortgage shopping. You’ll get a much better sense of what your price range might be instead of a blanket rule of thumb. But they’re only as accurate as the information you provide, so if you forget to add regular budget line items such as food, day care, or gas costs, you won’t get a complete picture.

Your lender may approve you for more than you can realistically afford

Lenders are now legally required to ensure borrowers can “reasonably afford” to repay a loan before they approve a new mortgage. But there’s a difference between being able to reasonably afford something and being able to realistically afford something.

When looking at what’s reasonable, lenders can account for your income and any current debts that you need to repay each month. If you make $5,000 per month after taxes and need to pay $500 toward your car loan each month, a mortgage payment of $1,500 may seem perfectly reasonable.

In this (extremely simplified) example, you’d have about $3,000 per month left over to handle all your other expenses. And perhaps you can afford your living expenses on this budget. But what about the other goals you want to achieve? What about saving for retirement or investing for your future?

If you commit to a large monthly mortgage payment, you may find yourself squeezed to make your remaining money cover your living expenses, plus monthly bills and loan repayments. While a lender can give you a mortgage you can reasonably afford, it comes with the consequence of not being able to handle other financial priorities. In short: Even though you may qualify for a large mortgage, that doesn’t mean you should max out your house budget.

You’re the only one who can determine what’s comfortable

Only you can examine your life and your values to determine what you might be willing to give up to make room in your budget for a mortgage — and what you’re not.

You might be perfectly happy to take on a larger monthly mortgage payment in exchange for reducing meals out, cutting back on luxury vacations, or sticking with your old phone instead of going for the upgrades just because you can. Or you may decide that renting makes more sense for you because you can mitigate costs, take on less financial responsibility, and enjoy more flexibility.

Either way, you need to determine what you feel comfortable with. You need to decide what works within both your budget and your long-term plans to reach goals that matter to you.

Consider these factors to decide how much house you can really afford

Once you set your financial priorities, here’s where you’ll need to do the math:

  • What’s your current income? What are your basic living expenses? What are your fixed costs?
  • How much do you want to put away each month into savings or investments?
  • How much will it cost to maintain your new home?
  • What kind of down payment will you have? (The more you put down, the smaller your monthly mortgage payment will be.)

Now you can factor a mortgage into all of the above, and see how much you can really afford. When doing so, don’t forget to count both the mortgage principal and interest — along with property taxes, homeowners’ insurance, and other extras such as HOA fees.

Article by: Kali Hawlk, Trulia

4 Important Deciding Factors When Choosing Your New Place

Sticking to an affordable budget is clearly the most important factor when you’re house hunting. The location of your new investment can be just as important as the purchase price. Other factors to consider are access to major roads, your favorite shops, and commute to work.

Location

Some of us need direct access to major highways. In Central Florida’s case, many of us prefer to be within a reasonable distance from Interstate 4, State Road’s 417, 408 & 528. In areas up north, many will benefit from being within walking distance from public transportation. Others prefer the tranquility of few neighbors and no nearby traffic. What does this tell you? Location is probably the second most important deciding factor when choosing your new place.

Nearby Entertainment & Recreation

Where’s the fun in living in your dream home, when your favorite hot-spots and shops are far away? You may have pets like me and frequent a local dog park, which is can be important when moving. Others may like the opportunity to walk to nearby establishments and meet up with friends or clients for dinner and drinks.

Neighborhood Appeal 

Curb appeal is always a plus, but not when your neighbor has a forest growing in his/her front yard. Choose a neighborhood that is well-kept, with neighbors’ who show pride in owning their homes. An orderly neighborhood is almost certain to maintain its value in a good market.

Employment

Lastly, and certainly not least, being close(r) to work will save you more than a lot of stress. There’s nothing worse than having to sit in traffic for 45 minutes on your way home from work, while hungry especially! The extra time spent with family, friend and pets is priceless.

As Rachel Wilber puts it, “People usually have several reasons they choose a new home or apartment. They often want to be in a premier location or an exceptional school district. Sometimes, the community atmosphere and the access to new jobs are the driving force behind a decision. One thing is for sure; money is not the only reason people choose a residence.”

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Source: Realty Times

Beware of Scams Claiming to Raise Your Credit Score

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Freddie Mac recently put out a warning to hogmebuyersabout scams geared toward those looking to raise their credit scores. These scammers promise to help raise your credit score in exchange for money.

It’s an easy to trap to fall into, as most of us want higher credit scores. As Freddie Mac states on their website “Who doesn’t want the highest credit score possible to garner the most-favored terms?”

“Schemes that falsely raise credit scores will land borrowers in scalding hot water – as well as cost you time and money combating both origination- and servicing-related fraud.”

Freddie Mac points out 3 fraudulent schemes for homebuyers looking to raise their scores:

1. Disputing credit with credit bureaus
A new program with FICO – called FICO Score Open Access for Credit & Financial Counseling – was created to help borrowers who have credit management problems by providing FICO Scores along with credit education material to help consumers understand credit scoring and learn more about financial management. However, some fraudsters are using the program in a scam.

“(Scammers) may direct a borrower to contact credit repositories repeatedly to dispute previously defaulted debt,” Freddie Mac warns. “The fraudster hopes the creditor will miss responding to one of the disputes and the defaulted debt will disappear temporarily, triggering a jump in the borrower’s credit score. The borrower may qualify for – and close on – a new mortgage before the credit report correctly reflects the defaulted debt and the borrower’s true credit score.”

2. Claiming identity theft falsely
Some companies encourage buyers to falsely claim identity theft on their loan application in order to have debt removed from their credit report.

“Some borrowers who falsely claimed identify theft have gone as far as providing affidavits of identity theft and police reports,” Freddie Mac writes. “Of course, lenders take these claims seriously and investigate. In some instances, they discover that the ‘police report’ is fake, never actually filed, or from a police department that doesn’t exist.”

3. Misusing credit protection numbers
Using a credit privacy number – an alternative for a Social Security number most commonly used by celebrities and politicians to hide previous credit issues – can be a dangerous move.

“Some consumers with poor credit acquire a CPN with the intent of creating a new, clean – and misleading – credit profile,” Freddie Mac notes. “CPNs were not created for this purpose, and mortgage loans originated using a CPN are ineligible for sale to Freddie Mac. Borrowers who use a CPN with the hope of leaving their bad credit histories in the rear view mirror are in for a rude awakening.”

As the Federal Trade Commission bluntly points out, “By using a stolen number as your own, the con artists have involved you in identity theft,’ for which you may face legal trouble.”

Source: “Freddie Mac Issues Credit-Scam Warning to Potential Home Owners,” HousingWire (Nov. 6, 2015)

House Hunting on Vacation…Not a Bad Idea

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Your annual holiday respite out of town may be the best time to house-hunt.

Shopping on vacation is usually a given (when else do you have an excuse to buy tchotchkes such as magnets and coffee mugs?). But house shopping? It just might make perfect sense.

Maybe you’ve been dreaming of vacation homes and you’ve fallen in love with your temporary locale — it can’t hurt to look at prices and get a sense of the market. Or maybe you’re looking for an investment home for sale in Sarasota, FL. Or, if your new vacation spot is a place you’re hoping to move to permanently, a little time to check out the market might be the perfect, no-pressure way to help you make a big decision.

“When you think of going on vacation, you probably don’t think, ‘What a great time to buy a home!’” says Ross Anthony, a real estate agent with Willis Allen Real Estate in San Diego. “The relaxation, the shopping, the food — it’s certainly not a conventional idea.”

So just what are the benefits to house-hunting during your vacation? Here’s a rundown to help you decide if signing on the dotted line while on vacay is right for you.

You have more time

Life, simply put, gets in the way. Oil changes, soccer practices for the kids, dinner, your day job. But when you’re on vacation, island time is a real thing — and one you should embrace, especially if you’re house-hunting.

“Most people feel rushed due to time constraints to get through properties quickly when they’re at home with their busy schedules,” explains Justin Udy, a real estate agent with Century 21 Everest Realty Group in Midvale, UT. “Shopping this time of year allows you to really take the time necessary to look and evaluate properties thoroughly.”

You get more attention

So your holiday travels didn’t bring you to a beach but rather your in-laws’ three-bedroom ranch. But said three-bedroom ranch is in a town next to the one you’ve always wanted to move to. Which means you can escape the obligatory chitchat with family for a day and house-hunt. The best part? You’ll probably get real estate agents’ undivided attention.

“Real estate professionals typically see slower times during holiday seasons, and many are eager to work,” says Udy. “This may be a great time to reach out to someone and find out their expertise and if they will be a good fit as you consider buying.”

You get to test the waters

Want to know what a home looks like at night? What the traffic is like? The advantage to house hunting on vacation is that you have the leisure to picture yourself living there and see if it is a good fit.

“Pay attention to the weather, traffic, people, proximity to shopping,” says Ross Anthony. “These are factors that can’t be truly appreciated without spending any significant amount of time in an area. Even a week of vacationing can be an important learning experience that may bring to light unexpected factors, both positive and negative.”

You get more access

You’re not the only one on vacation this time of year. “So many homeowners take time off or away from home this time of year that scheduling showings is easy,” explains Udy. Which means you can line up a pretty big schedule of showings without having to worry about homeowners’ and real estate agents’ schedules interfering with your plans for the day.

Homes will look better

It may seem odd, but sometimes a home looks better gussied up with holiday decorations. “If you’re considering buying a second property, it’s nice to see how others are decorating during the holidays since you will likely be using the home the same times of year and during holidays,” Udy says. Bonus: You can see whether your 10-foot faux Christmas tree will squeeze into that family room before you buy the home.

You will have time to relax

House hunting is tiring. And what better way to unwind after a day of touring vacation homes than by relaxing beside a fire with a glass of wine or sprawling out on a lounge chair in the sun? On vacation, you have the luxury of doing just that.

Source: Trulia

Cozy Kissimmee Home Just Sold

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The Evergreen RES team would like to congratulate Jo Ann Ignacio and family on the closing of their very first home!

Ms. Ignacio is a native of the Philippines and came to us to help her find her first home here in the States. After a few months of searching, we were able to find her the right one. This cozy three bedroom, two bathroom home in Kissimmee fit the Ignacio family like a glove. The home was owned and cared for by the same couple for 34 years, who purchased it from the builder in 1981. Lucky for Jo Ann, the home was sold with a brand new roof, custom concrete work and shiny new tile floors. Originally listed for $138,900 and after only 3 days on the market, Ms. Ignacio was one of the first to view the home and purchased for $135,000.

If you or someone you know is looking to buy or sell, feel free to reach out to us!

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21 Tips to Prep Your House For Sale

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I came across this article by Trulia, and I found it very interesting after showing some clients around this week. Of course, we saw homes which were owner-occupied- some with piles of ‘things’ all over and one in particular which had been staged by the owners so well. Now I don’t know the owners personally, but I can tell they did their research before listing their home. Their house made my clients, and me!, feel like it was home. The scents in each room were just like Fall, very little personal items were left out, all lights were on, shades were open and the home was c-l-e-a-n, clean! Needless to say, my clients made an offer on that house.

Be sure to check of EVERY item on this list if you’re thinking of putting your home on the market.

  1. Clean, clean, clean. Be sure to clean every nook and crannyDon’t forget overlooked areas, such as dusting the fireplace mantel and ceiling fan blades, polishing appliances and faucets, and washing the windows. If you’ve already moved out or if you’re too busy to do a thorough cleaning, consider hiring a cleaning service.
  2. Pay attention to smells. “Don’t cook bacon in your home the day of a showing,” advises Rachel Weinberg, a broker at Wright Kingdom Real Estate in Boulder, CO. “Although it might taste great, the smell is strong and lingers for a long time. You don’t want your home to smell like a fast-food restaurant!”
  3. Clear out the clutter. You want buyers to focus on how awesome your space is, not how messy it looks. Banish that pile of shoes from the entry, that stack of mail from the kitchen table, and anything else that detracts from your home’s gorgeous features.
  4. Repaint the walls in neutral colors. As much as you love your dramatic red dining room, it could turn off a good portion of your potential buyers. So repaint your rooms in neutral tones such as grays, tans, and whites that allow buyers to focus on the spaces, not the color of the walls.
  5. Keep the decor simple. To help buyers imagine themselves in your space, get rid of any statement art or decor that might turn people off. A classic landscape painting? Totally fine. Your zebra-print leather couch? Might want to slip-cover that for showings or rent a storage unit until you’re ready to move it into your new place.
  6. Get rid of personal items. Buyers want to be able to envision themselves in your home, so remove anything overly personal, such as the gallery wall of family photos or your kids’ artwork on the fridge.
  7. Let there be light! Open all the windows (especially in warmer months) to let in natural light and add floor or table lamps to illuminate areas that are dim. A bright, cheery room looks bigger and more inviting.
  8. Bring nature inside. Potted plants or a few pretty buds in a vase can help bring energy into a space, fill in empty corners, and even draw attention to features you want buyers to notice. Just make sure the plants are in good health (and bug-free!).
  9. Get rid of bulky furniture. Your furniture should fit the scale of the room, so get rid of any extra or oversized items that could make your space look smaller than it really is. For example, if you have a huge sectional in your family room, consider breaking it up and use just the main sofa portion.
  10. Organize your closets. Storage space is a huge selling point, and if your closets are stuffed to the brim, buyers will think you don’t have enough of it. Invest in some boxes, dividers, and other solutions that will help you organize your space, and remove items you don’t need (you can stow them away until you move).
  11. Tackle that honey-do list. All those little things you’ve been meaning to do but never got around to? Do them. Buyers will notice minor flaws, and they’ll detract from the value of your home. So set aside a weekend to tighten those loose doorknobs, fix that leaky faucet, and paint over the scuffs from when you first moved in your sofa.
  12. Do a faux renovation. Little tweaks can make a big difference in the overall feel of a room. Kitchen a bit outdated? Replace the fixtures, faucets, and hinges. Family-room furniture beaten up? Throw some slipcovers over it.
  13. Give each room a purpose. That spare room you’ve been using as an office/guest room/dumping ground won’t help sell your home unless you show buyers how they can use it themselves. So pick a use (office, guest room, crafts room) and clearly stage the space to showcase that purpose.
  14. Turn the bathroom into a spa. Create the feel of a relaxing, luxurious bath — for less than $30. Stack a few pretty washcloths tied with ribbon, add some candles and orchids, and buy bathmats and towels in coordinating tones such as light green, blue, and white.
  15. Lower the toilet seat. When it comes to both showing and photographing your home, this little trick can make a surprising difference.
  16. Turn the living room into conversation central. Practice the art of feng shui: Help buyers picture themselves relaxing with family and guests by grouping your furniture into arrangements that inspire conversation.
  17. Keep the flow going. The last thing you want is people bumping into furniture as they tour your home; it disrupts their focus and makes your space look cramped. Do a dry run as though you’re seeing your home for the first time and tweak anything that interrupts the “flow.”
  18. Make something yummy. Real estate agents don’t put out fresh cookies at open houses just to treat buyers. A “homey” smell such as cookies or muffins baking can help people connect with a kitchen. Not a baker? Fake it with a scented candle.
  19. Make it look lived in with vignettes. Help your buyers see themselves in your home by adding deliberate vignettes that showcase how your home can be lived in. An inviting armchair and a tray with a coffee cup and book on it can turn that empty corner into a reading nook. Pretty soaps in a decorative tray can make your tiny half bath more appealing.
  20. Highlight focal points. Draw buyers’ eyes toward any special features with bright colors or accents such as plants. A pop of red from a throw pillow can draw buyers’ attention to that lovely window seat. A striking fern on the mantel can show off your fireplace.
  21. Boost the curb appeal. Don’t spend all your time indoors. Buyers may decide to not enter a home based on its curb appeal, so make sure your home’s exterior looks excellent. Trim shrubs, weed flower beds, remove and refresh any peeling paint, and keep the walkway clear. Just adding a row of potted plants along the walkway or a cheerful wreath to your front door can make a big difference. Marilou Young recommends her clients focus on curb appeal first. If her clients are on a tight budget, she’ll advise that they at least spruce up the front entrance. That first impression goes a long way.

Checklist by: Paula Plant, Trulia