Sotheby’s International Realty was a natural progression from selling the worlds finest luxury items to the worlds finest luxury properties.
Posts Tagged ‘florida’
The Essence of Extraordinary
May 11, 2012Please preview our Global Brand video presentation and get a glimpse of how Chris Wilson (Sotheby’s International Marketing Specialist) artfully unites Central Florida’s most sophisticated Buyers & Sellers from all over the World!
www.YourHomeInCentralFlorida.com
Sotheby’s Stock Soars
December 5, 2011
Sotheby’s Shares Soar:
Sotheby’s has held several very successful auctions recently and sold some of the most expensive items in the World. One of the most recent very special items of interest was the Original Founding Contract for Apple Corporation signed by Steve Wozniak, Steve Jobs, and Ronald Wayne in 1976. Sotheby’s owns the niche market of Luxury items and that translates over to the Real Estate Market with the success of Sotheby’s International Realty selling the most exclusive luxury properties in the World. Click on the photo to get the full story. Don’t hesitate to reach me with any questions you may have in regards to buying or selling any Real Estate in Central Florida.
Loans are Beginning to Cost More!
September 15, 2011
Mortgage Loan limits Decline:
There are 2 types of loans which will cost more money to access beginning October 1st. The maximum amount for Conventional financing will decrease to $417k which means any amount above this will now fall into Jumbo status which means Higher Interest rates. Another type of loan which will be decreasing in terms of its limits is the FHA loan. FHA loans typically allow a consumer to purchase property with less money down at closing.
Contact me now to lock in the best loan package & rate before it begins to cost more money for the same property. Click FL Realtors Logo for more information on loan limits.
Do you have a Trusted Advisor in Real Estate
September 10, 2011
Given the fact that your net worth has been impacted by the real estate downturn, it’s important to know when your house will once again appreciate in value.
None of my clients have lost tens and even hundreds of thousands of dollars in net worth because of their homes depreciation. Some of them have even said their job security and income have been impacted by the downturn. We have all heard that the economy won’t recover until the real estate market recovers.
I don’t know all the answers but I have a team of experts that track data for me. With their support, I’m able to give my clients great insider information on a regular basis.
My clients have all said they love getting the updates and if you would like, I’d be happy to share this information with you. Just click on the Realtor logo to the left to complete your personalized contact form in order to begin receiving these valuable Real Estate related updates.
My Reviews
September 8, 2011
Searching for a local Trusted Real Estate Advisor? Well, don’t take my word for it, take a look at what those I’ve recently worked with has to say. I have a true passion for what I do for a living and am here to assist my clients with making wise Real Estate related decisions. I have the best search capabilities which pull direct from our local MLS. My personal clients can receive daily listing alerts enabling them to be one of the first few to see a property as it hits the market or changes status. My clients also have the ability to view any local area’s current market data in order to make more confident decisions for their specific scenario. Don’t hesitate to reach me in order to discuss your Central Florida Real Estate related needs further. Contact Form
2011 Mid Year Market Trends!
September 6, 2011We are highly encouraged by a steadily improving real estate market in Central Florida. Although we continue to hear depressing news about the real estate market across the country, Central Florida is showing positive signs of market stabilization and in a few markets an up kick in pricing. I am pleased to provide you with our Central Florida Market Trends for Mid-Year 2011.
Other Peoples Money!
September 3, 2011
Be the Bank:
Because of tight credit conditions, between 30%-50% of all home purchases, depending on the region of the country, are cash purchases. Paying cash for a home does make sense when a buyer is negotiating to purchase a home. Buyers who present offers with a quick close and no mortgage or other contingencies have a much greater chance of their offer being accepted over another offer that has a mortgage contingency.
On the other hand, it may not make investment sense for a buyer to pay cash for a home when mortgage rates are near record lows. Consider the following:
The Morgan’s are purchasing a home for $500,000. Instead of paying cash for the home, they obtain a mortgage with a fixed-rate of 4% to buy the home. They take their cash and invest it with their financial advisor.
The Morgan’s are getting a return on their investments of 7%. If they pay 4% for the money they’re bor-rowing from the bank, and re-invest the money and get a return of 7%, they can pocket the difference of 3%. That may not seem like a lot of money, but it turns out to be $500,000 x 3% = $15,000.00 every year.
If the Morgan’s keep the home for 10 years, and their investment portfolio continues to pay 7%, the Morgan’s will realize $15,000.00 per year x 10 years = $150,000.00. If they pay cash for the home, the $150,000 is never realized.
In the best case scenario, the Morgan’s could realize an even greater return from shrewd investing that pays more than 7%. This strategy is called
“using other people’s money.” It is used by the banks all the time. Banks will offer savings or CD accounts for as little as 2%, then turn around and offer mortgages at 4-5%, and pocket the difference.
Given the likelihood of higher investment returns in the future, it makes a great deal of sense to secure loans at 4% and keep those loans in place for as long as possible.
Every buyer should give careful consideration to financing their purchase by discussing this option with their financial planners.
Letter from the Mayor
August 22, 2011
My Letter from Orange County Mayor: Teresa Jacobs
I was very happy to receive a congratulatory letter from Mayor Teresa Jacobs on my appointment with Stirling Sotheby’s International Realty. This shows her level of commitment to restoring Orlando back to the status level it has grown to become on the World stage. People from all over the World come to Orlando in order to take in all that it has to offer. Orlando set a record earlier this year for having the most visitors than any state in the World with over 50 million in a year. As visitors and relocating individuals from all over the World continue to flock to Central Florida you can count on people like Mayor Teresa Jacobs, myself and thousands of others doing their part to continue to revitalize the region and create a very nice presentation for our World stage. My commitment in the success of our local economy is to continue to assist those working through the foreclosure/housing cycle and turn vacant/distressed properties into functioning family homes with Happy Homeowners. If you or anyone you know needs assistance with Buying or Selling any property in Central Florida, don’t hesitate to reach me. Chris Wilson (321) 289-8787. Click to View: Letter From Orange County Mayor
