Deltona| 1635 Weybridge St| Cheap Property

Investors Goldmine Property| Deltona| 1635 Weybridge St| Cheap Property

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$54,900 3 bd, 2 ba, 978 sqft

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Contact Gene anytime at 407-781-7312

1635 Weybridge St

Deltona FL 32725
Price: 54,900
ARV: 99K
Bedroom: 3
Bath: 2
No Garage
Ext Const: Frame
Built: 1967
Sqft: 978
Ppsf: 56.13
Tax/Yr: 1,236.00
Septic/Sewer: Sewer
HOA: n/a
County: Volusia
Avg Rent = 895/mo
Gross Rent ROI = 17.9%

Property overview, This tidy little Deltona deal currently sits as a 2/2 with a bonus room; however, with a door and a small opening enclosed, it could easily become a 3 bedroom 2 bath.  It has already undergone several improvements to make it a fantastic buy/hold with 30K in equity left over, or a low budget flip that won’t drain the bank account.

Property features include,  sturdy newer roof, updated windows, well-preserved kitchen, partially updated bathrooms, tile floors throughout, six panel doors, and a fully intact central AC system.  There is also a detached storage shed.

Rent Rehab: 1k-2k
Interior Paint and appliances are recommended.

Flip Rehab: 12k-16k
Kitchen and bath updates, appliances, paint, and minor cosmetics are recommended.

Deltona |1380 N Normandy Blvd $64,900 3 bd, 2 ba, 1082 sqft

Investors Goldmine Property| Deltona |1380 N Normandy Blvd

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$64,900 3 bd, 2 ba, 1082 sqft

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Contact Gene anytime at 407-781-7312

Price $64,900

ARV: 114K

1 Car Carport
Ext Const: Block
Built: 1963
Sqft: 1,082
Ppsf: 62.75
Tax/Yr: 1,274.00
Septic/Sewer: Sewer
HOA: n/a
County: Volusia
Avg Rent = 895/mo
Gross Rent ROI = 14.1%Property overview, this off-market deal is nothing short of spectacular,  considering that out of the (347) 3 bedroom 2 bath SFH sales that have occurred throughout the entire 32725 zip code in 2016, only (11) homes have sold for less than this opportunity, there should be no shortage of ecstatic investors ready to pounce on this nearly move in ready concrete block beauty.Property features include, sturdy older roof, updated windows, tile floors,  well-preserved kitchen, partially updated bathrooms, and a fully intact older central AC system.  There is also a screened in back porch and a storage shed.Rent Rehab: 3k-5k
Paint, flooring, appliances, cosmetics, and AC.FlipRehab: 15k-20k
Paint, flooring, kitchen and bath updates, appliances, cosmetics, and AC.

Property Details

Price:

$64,900

Address:

1380 N Normandy Blvd

City:

Deltona

State:

FL

Zip Code:

32725

Year Built:

1963

Terms:

For Sale

Property Type:

Home

Square Feet:

1082

Bedrooms:

3

Bathrooms:

2

Const. Type:

Ext Const: Block

What If My House Won’t Sell During A Divorce in Orlando? | Written by Eugene Hoffman

What If My House Won’t Sell During A Divorce in Orlando?

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If you’re going through a divorce and you’re trying to sell a house, you might be wondering, “what if my house won’t sell during a divorce in Orlando?” That’s a good question to ask so be sure to read this blog post and we’ll share our best answer with you…

A divorce can be a confronting situation. It is complicated and it’s expensive. Also, it time-consuming, and the agitations are running high. With all that effort you also need to sell your house so that you can split the value of any equity in the house. Afterward, you can put it all behind you. But what if your house doesn’t sell? If you’re going through a divorce and thinking, “what if my house won’t sell during a divorce in Orlando?” then here’s what to do…

What Are The Reasons Your House Doesn’t Sell?

Unfortunately, there are many reasons your house might not sell. Some of the reasons are related to the normal market conditions (and they might be present even if you weren’t going through a divorce). But there might be additional reasons that your house doesn’t sell — for example, maybe you have a complicated divorce or there’s a lot of engagement between each party in the divorce. This makes it too difficult for the buyer to negotiate the sale of the property.

This Delay Adds To The Problem!

If the house is not selling as quickly as you’d like, this just adds to the problem and it ultimately ends up costing you more — in bills and taxes and mortgage payments, as well as in additional attorneys fees.

Simply put, you might be hoping to get a high price for your house but your divorce could actually be spooking people away. This will cost you money.

Fortunately, there’s another option…

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How to Compete Without Cash In Orlando – 4 “Pro” Secrets - Written by Eugene Hoffman

How to Compete Without Cash In Orlando – 4 “Pro” Secrets

Looking for investment properties in to flip, buy and hold, or wholesale? Eugene specializes in finding and offering deeply discounted area real estate to investors. 407-781-7312

If you are thinking about investing in real estate but don’t have the cash, you might be wondering how to compete without cash in Orlando but still invest. Fortunately, there are 4 pro secrets that you can use to still do deals! Keep reading to find out what they are…

Real estate investing is a great way to break free of the frustrations of Wall Street investments, get out of the rat race, and start building your financial future. Start your own business working part-time. You can become a Real Estate agent and not join the Realtor group and pay their dues. If you become a licensed agent you there are Brokers that will allow you to work your own personal Deals without any fees. Your commissions will be small if you sell another person’s property while you work to find your own rehab projects.

However, for most people, their ability to invest in real estate is only as good as their access to capital. They think that once they run out of money, they’ve run out of options. But nothing is further from the truth. Here are 4 secrets that the pros use when they want to compete without cash in Orlando.

Strategy #1. How To Compete Without Cash In Orlando – Seller Financing

Most people think of buying a house out-right from the seller by handing over money to the seller so they can hand over the keys to you. However, this is not the only way to buy. Many CFRI investors work out seller financing terms, which work just like a mortgage but without the bank! Who is CFRI? Central Florida Real Estate Investors. Join our local group and attend several weekly meetings for free after you join.

CFRI is the place to get REI advice. They have over 800 members in Orlando. They meet the first Wednesday of each month.

The seller hands over the keys and you pay the seller a regular monthly payment until the house is paid off. Sellers love this because they get a regular income… you just have to ask because not all sellers are aware that this is an option.

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The probate process for a house in Orlando – don’t get shortchanged - Written by Eugene Hoffman

The probate process for a house in Orlando – don’t get shortchanged

Buying and selling of real estate are big business in any economy in the world. As population increases, more houses are needed for people to live in and offices for people to work in. Despite this fact of life, real estate transactions can still be very risky propositions! Especially when it comes to probate property if the prospective buyer doesn’t understand the probate process for a house in Orlando.

So what is a probate anyway?

A probate is a legal way of administering the property of a deceased person (decedent) if the person never left a will or if the will had specific instructions on how his or her property was to be administered after they are dead. These proceedings take place in probate courts. Sometimes they can end up being the best real estate deals that any buyer or seller might get in Orlando…

How to begin the probate process for a house in Orlando

The legate begins after a person dies. Soon after this, the seller is expected to inform the court, which appoints an attorney to take care of the sale. Once this is done, the attorney advertises the property just like other real estate properties. The price is based on the agent’s suggestion and also from an independent appraisal ordered by the probate court. Note: It is important for the seller to familiarize himself or herself with the property to avoid being short-changed. This can be avoided by choosing the right partner in Orlando and that would be Eugene Hoffman.Click the link here, fill out the form and we’ll help you get started now.

Okay, my property is on the market, now what?

Now, after the property is advertised on the market then it is up to the seller to wait for the buyers to make offers on the property. Once this process is completed, the final decision is made by the probate court on who should buy the property based on an auction if there was more than one interested buyer…. In this case, we would suggest you choose Eugene Hoffman to purchase your property because as you can see from our website we have not only given the best deals on probate property in Florida but also on short sales!

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I am Relocating And Need To Sell My House In Orlando - Written by Eugene Hoffman

I am Relocating And Need To Sell My House In Orlando

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Relocation is a complicated exercise in coordination. We get local Orlando home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Orlando“.  The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in Orlando right now!).

There’s an insane amount of details to keep together, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative, but the true need to move always comes with a dramatic change.

So how do you make the most out of a difficult situation?

I am Relocating And Need To Sell My House In Orlando

by Bearlakegroup on April 22, 2016 in avoiding-foreclosure, buyer, Company News, ira-real-estate-investing,Real Estate Articles, Real Estate News, real-estate-market, sellers, short-sale-information, Wholesale PropertiesEdit

Relocation is a complicated exercise in coordination. We get local Orlando home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Orlando“.  The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in Orlando right now!).

There’s an insane amount of details to keep together, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative, but the true need to move always comes with a dramatic change.

So how do you make the most out of a difficult situation?

Don’t Agonize – Organize.

You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t have to be that way.

Although the market is relatively stable right now in Orlando, things can change in the blink of an eye. We’ve heard some serious horror stories over the past couple of decades. Unless you’re filthy rich, you probably can’t afford to wait it out.

So how do you make the right choices when you’re relocating and need to sell your Orlando Florida house fast?

Relocating And Need To Sell My House Fast In Orlando… Your Options And Steps

First…

1. Find out what your house is worth: To do this you can contact a reputable real estate agent or connect with us and we can give you a no cost no obligation valuation on your property.  Once you know what the house may be able to sell for in the current market… that sets the basis for how long you may or may not be able / willing to sell the house.
2. Decide how fast you need to sell your house after you relocate: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they hoped. Decide how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, etc.

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Selling My House Fast in Orlando- Written by Eugene Hoffman

Selling My House Fast in Orlando

Get a Free offer in 24 hours. Call 407-781-7312

Do you need to sell your Orlando house fast right?  If you’re saying… “I’m having the toughest timeselling my house fast in Orlando“… you’re at the right place 🙂

These tips will help you get your property sold.

[NOTE: Most important – if you really need to sell fast, consider the option of selling for cash offer to a qualified local investor like Eugene Hoffman. There are lots of situations where we can help, including… avoiding foreclosure, divorce, relocating, inherited an unwanted property, own a vacant house underwater with your mortgage, behind on your payments, owe liens, tax issues, downsizing and cannot sell your house, needs repairs you cannot pay for, fire damaged, bad tenants, and more.

Selling My House Fast in Orlando – Your Options

Lately, the financing world has been really screwy. Lenders change program requirements at the last minute – and for normal buyers, that could delay your sale.

Keep in mind that anyone can write a cash offer, even if they’re borrowing money to purchase the property.  So when you’re selling a house through a real estate agent to an end buyer… be prepared that if the buyer’s financing falls through… you’ll have to start the sale process all over again… adding more months to the process, more holding costs you have to pay for, and more.

To avoid having the buyer pull out at the last second because of financing… one option is to sell your house to a local investment firm like us.

Often, qualified investors have access to multiple lines of credit with public and private lenders that are secured by other assets.

That means we can close quickly and we don’t have to wait for a bank loan to come through.You get your sale done and cash in hand quickly. 

You’ll have to do some due diligence to make sure you’re dealing with a qualified local investor. Qualified investors will have no problem providing you access to bankers and references who can verify the investor’s ability to close on the loan.

If you’ve taken a cash offer with an earnest money deposit, you might be entitled to keep the deposit if the buyer can’t close on the purchase.

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How do I sell my house without an agent in Orlando?

If you’re looking to sell your house or income property in Central Florida without using a Realtor, we can help.

Although we do cooperate with brokers, sometimes it’s best to avoid paying someone to be in the middle.

After all, paying 5-6% of the sale of a property in a commission is a lot of money. In certain situations, Florida brokers and real estate agents can be very useful and earn their commission. Not always.

There’re a few ways to avoid paying high commissions in Florida.

First, there’s a tricky procedure that you’ve gotta know about.

In most sales in Orlando, roughly half of the commission you pay as the seller goes to pay for the buyer’s broker.

Doesn’t make much sense, right?

Why should you pay for the agent on the other side of the table?

Truthfully, it defies logic – it’s just what’s typically done.

You can use that to your advantage in a few ways.

First, factor in the commissions paid when you’re looking at the comparable sales. If the properties similar to yours sold for prices that included commissions, take that into account.

Don’t under price your property – be aware that a savvy buyer may expect to take a discount too. If you’re doing the work of one agent, you can expect to save that money.

Sometimes in Orlando buyers who aren’t represented by an agent won’t remember to negotiate the buyer’s side commission out of the price for themselves, so don’t remind them if you don’t want to pay them. Just don’t be surprised if it comes up during the negotiation.

You may want to consider offering 2.5% to buyer’s agents who will bring their clients to show your property. Sure, it’s a lot of money. If you’re pricing your property including that commission, you can always negotiate a better deal for a purchaser who comes without an agent. On the other hand, if you don’t leave room for the buyer’s agent’s commission, you’ll be excluding most of the buyers in the market in Orlando.

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Selling My House for Cash in Orlando - Written by Eugene Hoffman

Selling My House for Cash in Orlando

Should you take a cash offer for your Orlando house?

Not always.

I’ll tell you how to sell any property for cash, some reasons to refuse a cash offer – and when you shouldn’t say no.

Selling My House For Cash In Orlando

If you’re selling a property in Orlando to an end buyer (the person living in the home), chances are good it won’t be bought with cash.

Most transactions close with a bank loan because most buyers don’t have the funds.

This isn’t news.

Even most investors don’t close transactions with cash. It’s easy to let a bank share the risk, even if you have the money – most investors spread themselves too thin.

Eugene does not spread himself too thin because his primary goal is to build stable communities around Orlando.

In most cases, we’ll pay cash for your Orlando Florida property.

Eugene does not spread himself too thin because his primary goal is to build stable communities around Orlando. In most cases, we’ll pay cash for your Orlando Florida property.

The Benefits Of An All Cash Sale Of Your House

The benefits of a cash sale are real:

• money fast
• when you need it most

You don’t have to deal with the hassles of waiting months for a buyer to get a mortgage, only to be told that the lender eliminated the program and you’re back to square one.

You don’t have to list your house with a real estate agent and pay a huge commission.

You don’t have to deal with a lot of people just “kicking the tires” and checking out your property for fun. We don’t waste your time. This is our business.

You don’t need to paint, make repairs, or even clean up. We take properties just as they are. You won’t waste money on junk haulers or contractors.

You don’t need to deal with any paperwork. We have it all covered.

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I Inherited a House, What To Do? – Should I rent or sell in Orlando? - Written by Eugene Hoffman

I Inherited a House, What To Do? – Should I rent or sell in Orlando?

First, we’re so sorry for your loss. This can be a very challenging time for many reasons, and dealing with property ownership is tough at the best of times. You’re thinking, “I inherited a house, what to do with this house?” Should I rent it? Should I sell it?  How should I sell it?

Tons of options open for you, but…

… we can help.

We’re seasoned investors in Orlando real estate, and we’re looking to buy several houses each month in the Orlando FL area. Every month we get calls from those who have inherited a house and are looking to sell the house… so the info below are some tips to help you navigate the process.

I Inherited A House, What To Do Next?

Here're a few important considerations to help you make the right decision:

1) Make sure the mortgage is paid.

This may sound obvious, but if the person who left you a property also had a mortgage (unless it had no mortgage and was paid off, which is great!), you have to pay it (assuming you want to keep the property). Some banks will allow you to assume the loan, while others may force you to refinance into a new loan. If you don’t qualify for a new loan, renting may not be an option for you.

2) The investment is only as good as the manager.

If dealing with brokers, maintenance, tenants, rent collection and all the nuances of property management isn’t the best use of your time, hire a professional to help you or cash out now.  Some people who inherit homes decide to keep the house and rent it for extra income. That’s a great strategy for sure. You just need to be prepared to manage the property and the hassles that can go along with tenants and toilets.

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