These days, buyers have the upper hand, even in the surprisingly strong Orlando real estate market. Properties that seemed out of reach are now becoming affordable to buyers lucky enough to have the cash and credit to make their dreams come true. However, they should not test that luck as costly mistakes can easily be made even in buyers’ markets where there is a large inventory of property to choose from.
In difficult markets with great price fluctuations it’s especially important to enlist the services of an experienced agent or broker. With prices going up and down (mostly down, of course, as of late), it’s especially important to have someone on your side who knows exactly what a property is worth, and how well a neighborhood or area will hold up. What may seem like a terrific deal on the Orlando MLS may, in fact, be a property to be avoided. An experienced local real estate agent knows.
One of the great opportunities these days is bank foreclosure sales. These are not easy to find as the good ones get snatched up very quickly. A local realty firm can keep track of foreclosure sales with free computer services. Once signed up, sellers will...
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