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Community Spotlight on Windermere Country Club

February 16th, 2007 by tisner

Community Spotlight on Windermere Country Club Orlando Florida 34786

Community Spotlight on Windermere Country Club Orlando Florida 34786

Windermere Club in Windermere, Florida 34786 price ranges start in the low $700’s – 1.5 Million.  Lots range from 1/2 to over 2 acres in size.  Homes are situated on either Lake Cresent or over looking the 18 hole golf course.  It is a gated community that allows easy access to the 429/turnpike.  Golf course memberships are available to every resident. For information regarding this unique community please contact Tricia. 

Sun Snow and Cupid

February 12th, 2007 by tisner

Fun for all ages when it comes to Valentines day.

Fun for all ages when it comes to Valentines day.

valentine roses

February 12, 2006

A friend from Long Island called me early this morning updating me on the blizzard conditions in New York. She said about 15 inches of snow is expected, the power lines are swaying in the wind, all her Sunday activities have been cancelled, and she’s concerned about her little eight pound dogs. Much more snow is expected and the piles are already higher than the tiny dogs!

we love our pets ‘Help!’ she said. ‘Teri, what do you have for sale?’ valentine dog house

Every week I get calls from referrals, treasured clients whose homes I’ve sold, and, as an international specialist, from people in many walks of life and from many countries around the world. ‘Teri! What do you have for sale?’

Orlando is a booming market! I have vacation villas for sale where you own your own property but you receive income through renting it out, I have condos, furnished and unfurnished, and I have homes available in every price range, both new construction and resales.

The Orlando area is a great place for real estate investments and just a wonderful, fun place to live. Who wouldn’t want to live in a place that people are so eager to visit! One day soon I’ll provide you with a list of some of the many fun and interesting things to do!

In the meantime, Happy Abraham Lincoln’s birthday! The 16th President of the United States was born in 1809 on February 12th. The answer to a trivia question is: Lincoln’s image is on both a U.S. penny and a U.S. five dollar bill. penny 5 dollar bill

And all of us at the Orlando Avenue Top Team wish you a loving and happy Valentine’s Day. May Cupid bring peace to your heart! baby picture

More later,
Teri

Windermere, Florida Community Spotlight

February 7th, 2007 by tisner

Windermere Florida also know as Windermere among the Lakes is located in the midst of the Butler Chain of Lakes.

Windermere Florida also know as Windermere among the Lakes is located in the midst of the Butler Chain of Lakes.

The town of Windermere, Florida 34786 is set amidst the tall oaks and Butler Chain of Lakes in Southwest Orange County Florida.  Named after the largest lake in England, and  established in 1889 Windermere town has about 1900 residents.  Like its British sister city round abouts are also a part of the olde Windermere charm. 

The town hall, downtown business district, three parks, tennis courts and town dock facilities are available to the residents at a small annual fee.  (About $20 per year)Windermere Florida business district sign

There are only about 704 households and 36.9% have children under 12, with 70.3% married couples.  The local town events are scheduled throughout the year and the town hall is a popular gathering place.  The Windermere library also has a wonderful childrens program, not to mention the sought after Windermere Elementary School.

Windermere Florida was named the  #1 town in Florida for families with children by Neighborhood Scout, has the lowest taxes in Orange County, and incredible oak tree settings so typical of the South.  It is the neighborhood setting that has been appealing to families for years. 

If a Windermere address is in your future contact Teri Isner for all the current listings and details.  Windermere real estate prices as of today start at $894,000, prices can average from the 600K range up and into the millions for exclusive luxury waterfront property.  Snapshots of our community sales and actives are available upon request.  E-mail Teri today for a complete list of what is available in this unique community set amidst the Butler Chain of Lakes.

Vistalmar Condos for sale on Margarita Island Venezuela Pampatar

February 2nd, 2007 by tisner

Vistalmar: Ocean View Condos near Pampatar, Margarita Island, Venezuela

Vistalmar: Ocean View Condos near Pampatar, Margarita Island, Venezuela

Vistalmar Margarita Island Pampatar Pampatar is a suburb of Porlamer, Margarita Island’s population center and hi-rise center of commerce. Pampatar was founded in 1580 and named after an Indian word meaning "House of Salt."

Although there are some scenic old-time houses on the island with tall doors and decorative grills, new condos are also being built! Offered here is Vistalmar, condominiums of 1,000 square feet each, with ocean views and prices in the $100,000s.

Units themselves will be 2-bedrooms, 2-baths and double terraces. 48 condominium units are being built in 6 buildings of 4 floors each with two units on each floor.

Waldon Chase Townhomes

January 29th, 2007 by tisner

Waldon Chase is located in Oviedo, Florida

Waldon Chase is located in Oviedo, Florida
Waldon Chase is a townhome community in Oviedo with the benefits of maintenance free lifestyle.
Located at off the 417 at University then left on Alafaya and it will be on the right by Park Rd.
The three models include the Millbridge II 2bed/2/5 bath 1303 sq. ft.
The Newhaven II 3 bed 2.5 bath 1518 sq. ft priced from $238,990 and the
Sandhurst II 3 bed 2.5 bath 1915 sq. ft priced from $259,990.

Bahama Bay

January 27th, 2007 by tisner

Bahama Bay is located in Osceola County near lake Davenport in central Florida.

Bahama Bay is located in Osceola County near lake Davenport in central Florida.
Bahama Bay Short Term Rental Resort osceola co. Fl
Bahama Bay is a condo resort zoned for short term rental with 38 buildings of 2 and 3 bedroom condos.

Just off 192 and near hwy 27 Bahama Bay resort is minutes to the Disney entrance of 192.

Water features are abundant throughout the resort with a 17,000 sq. ft recreation center and clubhouse.  There are sauna spa facilities, fitness room and men’s and ladies locker rooms with shower facilities.  The children can enjoy the mini theatre, internet cafe and kiddie pools.

4 Floor plans available they are the San Salvadore 2/2 1176 sq. ft, Abacos 3/2 1232 sq.ft., the Andros Penthouse 2/2 1394 sq.ft, and the Grand Bahama 3/2 1739 sq. ft.

Grand Bahama floorplan

Only 10 mins from Disney World, 20 from SeaWorld and 45 mins. from the Orlando International Airport Bahama Bay also has great views of Lake Davenport.

Caught in the Act!

January 25th, 2007 by tisner

How to avoid being scammed by property managers.

How to avoid being scammed by property managers.
How to avoid being scammed by property managers.
I have seen it more than once.  Went to take pictures of a listing and when I got there the home was occupied.

Now it was suppose to be vacant according to the online calendar and owner, but low and behold there were guests staying there when we arrived to take pictures.

I called the owners and they had no idea.  Could the property manager be letting the home and pocketing the money.  An awkward feeling when you are 5000 miles away what do you do?

First be sure to call your home on the weeks that someone is not suppose to be there.  You may say Hello I am the owner of the home and I just wanted to be sure the unit was clean when you arrived.  Just wanted to be sure you found it and arrived safely.  Ask them to spell their name to confirm your records and thank them for staying at your home.

Call the gate guard and ask if he has issued a pass or registered people staying at your address if someone answers the phone at your home and you have no record. 

 

Don’t call the property manager and complain.  Wait until you get your bill and then if you are not credited for the tennant give them a call  and ask them to explain why the credit was not issued.

Questions You Must Ask Property Managers of Short Term Investments

January 24th, 2007 by tisner

You must Protect your Investment be sure to ask these Questions when selecting a Property Manager to Protect your asset.

You must Protect your Investment be sure to ask these Questions when selecting a Property Manager to Protect your asset.

First I want to state that I am not a Property Manager and do not know all the ins and outs.  We sell alot of this type of investment and second home property and I feel it is important that our customers know some of the basics.  We want to see our customers recieving professional services before, during and after the sale.  So here are a few points you will want to consider.

Central Florida is home to many investors of short term zoned homes, condos and townhomes.  It is imperative to know how important selecting a property manager can be if you want to protect your investment.  It is also important to know what questions to ask before you purchase one.  That is another blog and we will touch on it briefly here but ask yourself some of the following questions and if you can’t answer these questions find someone that can help you.

                                      

First of all Property Managers of Short Term Rentals are not regulated by the Florida Real Estate Commission, they fall under the hotel / motel category and do not need to be licensed.  If this is important to you ask, there are exceptions and some fine managers that are not but really know the background and property management contract of the people you are considering.

Ask the Property Manager if they keep their deposits in an escrow account in this country.  They don’t have to and can comingle funds without recourse.  After all it is your money and should be in an escrowed protected account. 

escrow accounts in orlando florida for property managers

Next what type of license do they have individual licenses for each property where the homeowner is liable and totally exposed or do they operate under a group license and take the responsibility.

towels under sink can shut down your rental in Osceola and polk county florida

Do they know that towels under the sink can shut down a property in Polk or Osceola County.  An obsure law states that no linens can be near water sources.  You may want to ask if they keep towels under the sink and find out if they know the answer.  Would they ever be caught well who knows but a good property manager will know the answer to this question.

Do they have a good relationship with the county inspector and when was the last time they were inspected how did they do?
bbq grill rules in short term rentals orlando florida

What is their policy on BBQ grills this is a huge liability and in Polk and Osceola Counties it is against regulations to have those in a garage, and sometimes as the law changes on the pool deck.  If your guests want to BBQ the grill needs to be delivered and then removed.  One guest left the propane tank on and put the BBQ in the garage went out to start the car and the next day boom no more garage.  No serious injuries but believe me their deposit wasn’t returned.

What are the hidden fees like a hotel some services are 24/7 and part of the package but which ones aren’t and what are they?

How much do they charge to maintain a pool, lawn ( which is covered by most HOAs in gated communities) do they charge to turn on the pool heater?  As John Stossel would say "give me a break" 

What are the preventitive maintenance charges?  Do they caulk, change filters if so is this part of the service or an extra charge.  What about pest control again included in alot of HOA dues.

Now with all these services it might also be smart to ask how much staff do you have?  What kind of a team is there to support the services they charge for.

If your unit is missing a frying pan and they get called by a guest to go out and replace it at 11:30 at night will that be an extra charge or part of the service fee.

Many think the monthly fee a property manager charges is huge but believe me it is not.  Just the cost of gas these days has eaten away at profit margin.

Most important where do the bookings come from?  A tour company that will also charge the manager fees even before it gets to you.  Retail from the internet and then what is the cost of the ads there, and finally what are the fees if you provide a booking.  Usually there is an admin fee to keep the records but in the end the more bookings you can provide the better.

Last but not least what type of reporting software do you use to report the monthly statements to the owners?  Their record keeping can directly effect your bottom line.  If the proper forms are not filed monthly with the county it could result in a warrant against your property.

Oh yes this brings me to the point of what to ask when buying one..be sure the title company knows that there are no warrants or liens owed the county for not paying the tourist tax.  This is usually included in the fee for the rental and paid by the guest, but if the property manager doesn’t report the new owner could be in for some unpleasant surprises and unexpected charges.  There are fines for not reporting monthly about $50 even if there is nothing to report a form needs to be filed. 

So you  can see it is important to know even a few basic questions that will protect your future investment.

Special Cruises to the Mexican Riviera Aboard The Disney Cruise Line

January 23rd, 2007 by tisner

Back by Popular Demand! Disney Cruise Line To Set Sail from The Port of Los Angeles

Back by Popular Demand! Disney Cruise Line To Set Sail from The Port of Los Angeles

Usually, the Disney Magic embarks from Port Canaveral. As it did in 2005, though, for a celebration of Disneyland’s 50th anniversary, the ship will depart from the Port of Los Angeles in summer of 2008 for 12 consecutive seven-night cruises. The first cruise will be on May 25, 2008. Bookings for the cruises begin the end of this month, January 31, 2007.

The ship will sail to the Mexican Riviera visiting such places as Puerto Vallarta and Cabo San Lucas along the way. More information can be found at on their website.

Two repositing cruises through the Panama Canal of 15 nights each, one going west, one going east, will also be offered.

Orlando Florida | Mortgage Rates

January 23rd, 2007 by tisner

Should you lock your rate now or ride the wave with interest rates don’t wait it could cost you your hard earned $$$$

Should you lock your rate now or ride the wave with interest rates don’t wait it could cost you your hard earned $$$$
Do I need to Lock Now?  Are Interest Rates are on the rise?

Any guess with this is just opinion but look at the economy and watch the trend.  This is always a hard question to answer when people ask me should I lock my rate.  Here is an easy explanation with the numbers which I hope helps.

A second month of good new construction reports and economic forecasts the Interest rates are up to 6.23% the highest in nine weeks for a 30 yr. fixed from 6.21% according to Freddie Mac.  This improving performance means that the Federal Reserve will be less likely to cut interest rates any time soon.  15 year rates are at 5.98% from 5.96%, and 5 year adjustable rates are up just a bit from 6.03% to 6.04%, and one year arms rose to 5.51% from 5.44%

Teri Isner, CIPS, CRS, GRI
Keller Williams At-The-Lakes
700 Celebration Blvd
Suite 300
Celebration, Fl 34747

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