Thursday, January 01, 2009

Orlando Condo Prices Great for Investors

Buying a condo in today market can be more challenging for borrowers who do financing. Lenders have tighten their underwriting guidelines and scrutinize condo communities for too many rentals, or financial statements are lacking, or simply black listed in a lenders computer database. These are the communities showing opportunities for investors as prices have been significantly reduced. There are great communities in great resale areas that have 1 bedroom condos as low at $35,000. What a deal...

Here are quick few examples of communities to consider and their properties for sale.

  • Villas at Lakeside: This community located in Seminole Counties top school district, with 10 minute drive to UCF. Shopping and restaurants around the corner. With 417 Expressway a 5 minute drive.
  • Cabana Key:Gated community located in Casselberry with walking distance to grocery stores and shopping, in well respected school district in Seminole county. Close to major roads.
  • Regal Palms: Located in Davenport with 20 minute drive to Disney. Zoned for short term rentals, so you can rent our your vacation townhome while not using it. Resort Style amenities, and a community pool like no other.

If you would like more information about buying Orlando homes, please contact Buyers Broker of Florida.