Real Estate Watch

FEBRUARY 2014! CENTRAL FLORIDA LA ROSA REALTY

ITS TIME:

Lorem ipsum dolor sit amet, suspendisse nulla, rhoncus temp the As the unemployment rate drops and consumer confidence increases, more buyers are entering placerat fermentum housing market and sellers are finding that they have more leverage in negotiating the going prices of

their homes. - Wall Street Journal Content:

Mortgage Forecast for 2014 Current Rates

13 Housing Survey Quiz

Rent Vs. Buy! My Listings

Warrantee & Staging Coupon

TAX SAVINGS

APPRECIATION POTENTIAL

STABILITY

We dont SELL you a House. We FIND you a home.

HOW SMART OF A HOME BUYER ARE YOU ? SOURCE: KIPLINGER

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Mortgage Forecast 2014

Source: MyRealtyTimes

1. Which matters more being: A. pre-qualified B. Pre-approved 2. When buying a home "For Sale By Owner," you can't use a buyer's agent. A. True B. False

Every prospective homebuyer hopes to capture the best possible interest rate when applying for a mortgage loan.While no one can be certain exactly what the mortgage interest rate picture might look like in several months or a year, most mortgage bankers agree that rates will rise over the next twelve months perhaps rising above the five percent mark as soon as the second quarter of 2014. What does this mean for homebuyers? Put simply, prospective buyers should not waste time in shopping for a mortgage. With more stringent lending guidelines and new policies governing the terms of what constitutes a qualified mortgage, the application process may take a little longer than it has in recent years. Anyone looking to buy a home should begin the loan pre-approval process as soon as possible in order to lock in the most attractive rates possible before they begin to rise. If youre on the fence about buying a new home waiting could cost you.
2013 National Housing Survey:

3. How much should you expect to pay for closing costs? A. Less than 1% of purchase price B. 3% to 6% of purchase price C. Around 10% of purchase price

4. The title insurance you're required to buy in order to get your loan is for your own protection. A. True B. False

5. If you draw any money from your Roth IRA to buy your first home, you have to pay it back before retirement. A. True B. False

6. Adjustable-rate mortgages can still be a good deal for some people, even when rates are rising. A. True B. False

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50% believe it will be easy to get a mortgage, up 5% from last year and the highest it has been. 49% believe home prices will rise over the next year, up 6% from last year. 67% say now is a good time to buy a house, up 3% from the previous month. 66% stated that they would buy if they were to move. Over 50% believe that rent prices will increase over the next 12 months.

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! ! ! ! Quiz Continued ! ! ! ! ! 7. About how much will a home ! inspection typically cost ! you? ! A. $75-$100 ! !B. $300 - $400 C. $500 !
8. Who needs private mortgage insurance?

Are you sure renting is better?

Invest your money SMARTER. Invest in your house , NOT a payment.

A. Buyers with a down payment less than 20% B. Buyers with a down payment more than 20% C. It's optional for all buyers D. It's mandatory for all buyers

Renting

Buying Excellent deductions for the mortgage interest you pay Your mortgage payments could be xed. This is your home. You do what you please. The money that you capitalize on your property is like having a savings account with high interest rates. You have a home.

No interest payment deductions Rental payment increases, as value of surroundings increases Landlord Approval for any changes in the house. Your money disappears. No capitalization.

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Renting Vs. Buying

9. You find a condo you like. Your realtor tells you two other units in the building sold for $200,000 and $225,000. What should you offer? A. $180,000 - $190,000 B. $200,000 - $225,000 C. Hold On. I need more info

Temporary Shelter.

10. As a new homeowner, what costs can you deduct from income when you file your federal taxes? Mortgage interest B. Property taxes C. Points paid at settlement D. Private mortgage insurance (through 2013) E. Everything except D

! ! HOW DID YOU DO? !

Cost comparison for a renter and a homeowner over a seven year period. - The renter starts out paying $800/month with annual increases of 5% - The homeowner purchases a home for $110,000 with a monthly mortgage of $1,000 - After 6 years, the homeowners payment is LOWER than the renters monthly payment. - With the tax savings of homeownership, the homeowners payment is LESS than the rental payment after 3 years.

Correct Answers: 1.B 2.B 3.B 4.B 5.B 6.A 7.B 8.A 9.C 10.E

Interested?
Take A Look:

Contact Information: Norkis O. Fdez-Valdez Realtor/Consultant norkisny@gmail.com cellphone: 407-506-7070

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Behind Every GREAT Realtor, there is a GREAT Team
To Change the Real Estate Industry and Become the Next Generation of Real Estate by simply o"ering Realtors an opportunity to truly Grow Their Business by providing the most cutting edge technology, education, and support that will maximize their potential for Growth.! In addition to providing these systems and tools, La Rosa will allow Real Estate Professionals the opportunity to be rewarded for their production by o"ering a compensation plan unlike any other Real Estate Brand within the Markets in which La Rosa Realty operates.!

THIS IS ME :
Personal:

Hi, my name is Norkis O. Fdez-Valdez. Im dominican. Born and raised in New York. Ive been living in Florida for nine years now. I have three beautiful daughters with my husband, Eddie, who Ive been married to for eighteen years. I love fashion, candle making, music, decorating, cooking, and taking new challenges as an entrepreneur, and as an individual as well.

Mission Statement
I am a passionate and talented consultant dedicated to delivering world-class service to my clients. Whether you are looking for a house, selling a house, or just want to know about the market, you can count on me.

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What does this mean for the Client?

Vision Statement
To be the Real Estate Consultant of choice, and one who goes above and beyond to provide the client the maximum satisfaction.

Our Realtors are equipped to satisfy your need, not only will they nd you a home, but they are highly trained on customer service. We want to make this amazing journey and a pleasurable one. Because a GREAT Generation, starts with GREAT Families, and GREAT families start at a GREAT home. - Norkis O. Fdez-Valdez

Business experience and Training

La Rosa Realty Keller Williams Realty Advantage III - Lake Nona Realty Keller Williams University Exit Real Estate Professionals Certied Short sale and Foreclosure Specialist Member Institute of Residential Marketing, SFR, REO, CSP, CHS

WELCOME TO LAKE NONA

Source: http://learnlakenona.com

I can help you increase the value of your home with a free consultation for staging and increasing the Curb Appeal.

GET YOUR HOUSE READY TO SELL:

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LET ME HELP YOU FIND A HOME, and your WARRANTEE IS COVERED.

FREE STAGING CONSULTATION VALID FOR 2014 !

THANK YOU FOR YOUR TIME

Dont forget to share this with your friends ! In effort to help our community, I want to donate $1, per share, to the Nemours Childrens Hospital! Share coupons, and valuable information with your friends, and at the same time make a difference.

With a NEW HOME, comes a NEW LIFE WHY NOT A NEW YOU ?

NEW MARKETS OPENING in 2014: ! COLOMBIA AND BRAZIL

Interested in knowing more ? vemmaorlando@hotmail.com melodyucros@hotmail.com 787-221-0880