Good opportunity for a cash buyer.Property for sale in Orlando, Florida. this is a great bargain. this Condominium is offered by Owner located in new York. Built around 1974 it is approximately ??? square feet. as of now, highest offer: $11300.
BEAUTIFUL 2 BEDROOM CONDO IN ORLANDO, FLORIDA TURNKEY INVESTMENT, CURRENTLY RENTED AND MANAGED BY PROFESSIONAL MANAGEMENT COMPANY 10.4% INVESTMENT RETURN OR MORE – ALL YOU DO IS CASH THE CHECKS! RENOVATED UNIT WITH TILE FLOORS AND FRESH PAINT NEAR UNIVERSAL STUDIOS, WALT DISNEY WORLD AND ORLANDO AIRPORT NO RESERVE! HIGH BID WINS! ABOUT ORLANDO, FLORIDA Orlando Florida is the entertainment capital of America. Located in the heart of Sunny Florida, Orlando is a prime vacation destination for millions of visitors each year from around the world. each year over 48 million people come to Orlando for its fun family oriented theme parks, warm sunny weather, and vibrant night life. Orlando is home to Walt Disney World, Universal Studios and Sea World, as well as numerous other world famous attractions. Orlando is also known for its warm, sunny, tropical climate, and its dry sunny winters. In fact with the Atlantic Ocean just 42 miles away, Orlando is a perfect gateway city to your next beach vacation. In addition to being famous for its great attractions, and vibrant tourism industry, the Orlando area is home to over 2 million residents and the City of Orlando is the fifth largest city in Florida. it is a major technology hub, and Metro Orlando has a rapidly growing $13.4 billion technology industry employing 53,000 people, and is a nationally recognized cluster of innovation in digital media, agritechnology, aviation, aerospace, and software. More than 150 international companies, representing approximately 20 countries, have facilities in Metro Orlando. Orlando is also home to the 7th largest research park in the country, home to over 120 companies and 8,500 employees. Orlando’s rapidly growing population has also been very beneficial to real estate prices, as the population has increased over 25% from 2000 to 2010. Recently because of the financial crisis, home prices have decreased in Orlando, creating a once in a lifetime opportunity to buy real estate at never before seen prices. Smart buyers are catching on to this opportunity, and according to the Orlando Regional Realtor Association, there were 4,043 new sales contracts in Orlando in February of 2010, a 66% increase over February 2009. now is a great time to buy Orlando real estate and be a part of Orlando’s exciting growth and future. ABOUT THE CONDO Beautiful newly renovated condo. Very spacious with 2 large bedrooms living room, dining room and eat-in kitchen. Features beautiful tile floors, in entire unit, fresh paint and large laundry room in the unit this is a beautiful and spacious 2 bedroom condo. the condo features a huge living room and dining room, with very large windows to let in the Florida sunshine. There is also a large eat-in kitchen and breakfast nook, with stove, refrigerator and dishwasher as well as ample cabinet space to store everything you need for cooking and entertaining. There is also a laundry room in the unit with washer and dryer hookup. the condo features 2 large bedrooms to make this a very comfortable and livable condo. the entire condo features beautiful tile floors. the entire unit has also been freshly painted, and details such as attractive ceiling fans and light fixtures highlight this condo’s style. while this unit is sold unfurnished, the unit was virtually staged to give you an idea of the unit’s beauty when furnished. You’re also just a short drive from Universal Studios, Walt Disney World, and all the other exciting attractions Orlando has to offer! HOA for this condo is just $177 per month and taxes are just $160 a year! ABOUT ME I specialize in helping investors realize their goals and homeowners, vacationers and snowbirds realize their dreams. I have sold over 30 homes to investors and people seeking a home or a vacation home in Florida. I promise a fast worry free transaction, and great service each step of the way. I am always here for your questions even after you have completed your purchase. Rest assured that while this may be your first vacation or investment condo, I have worked with lots of people just like you and am an expert at making sure you will have a great buying experience. All of the condos I sell come with a warranty deed, and I use a professional licensed title company to handle my closings. I also welcome international buyers, and have sold to people from Canada, Australia, the UK and Europe. I look forward to working with you too! Investment Analysis this condo is perfect to live in, or as an investment. the rental market in Orlando is also extremely strong, and given this condo’s proximity to all the major attractions this home will be very desirable as a rental. According to Robert Kiyosaki author of Rich Dad Poor Dad and creator of the Cash Flow Board Game, investing in real estate is a great way to build income and achieve financial security and independence. an investment in real estate can be a great step towards building a real estate investment portfolio, creating sustainable wealth and achieving financial independence. Cash Flow Analysis Monthly Rent = $550 per month (currently rented on one year lease) X 12 Months in a year = $6600 in income Management = 10% of rent = $660 per year Expenses HOA Fee = $177 per month X 12 Months = $2124 Annual Taxes = $160 Total Income = $6600 Total Costs = $2944 Your Profit Per Year = $3,656 Profit over 5 Years = $18,280 Profit over 10 Years = $36,560 and this is not even counting rent increases and price appreciation of the condo. Imagine what it will be worth when the market recovers. If you buy this condo for $35,000 then your annual return is 10.4% – How does this compare to what you are earning in your bank account or in the stock market? When you buy this, the current lease will transfer to you and I will put you in touch with the property management company. DETAILED PHOTOS OF THE COMMUNITY AND CONDO TERMS you are bidding on the FULL PURCHASE PRICE of this auction. upon completion of this auction, and final payment, the HOME WILL TRANSFER FREE AND CLEAR TO THE BUYER. There are no liens against this property, and title is insurable. Purchaser agrees to accept the property in "AS IS, WHERE IS" condition at the time of closing, with NO WARRANTY EXPRESSED OR IMPLIED. Any representations of this property are merely the opinion of the seller. All buyers are encouraged to perform their own due diligence. WE ENCOURAGE YOU TO DO YOUR OWN DUE DILIGENCE PRIOR TO PURCHASE. WE WELCOME YOU TO VISIT THE HOME. TO ARRANGE ACCESS, SEND ME YOUR FULL NAME AND PHONE # this is a CASH AUCTION. When submitting your bid, you must have funds on hand to complete the purchase. this is a speedy closing, and there is no time to arrange bank financing. THIS AUCTION IS FOR SERIOUS BIDDERS ONLY. please do not bid if you will not fulfill your obligation! Any winning bidders who do not close will be reported to eBay for buyer misconduct. If you need additional pictures or have any questions, please feel free to ask prior to conclusion of the auction. CLOSING PROCESS upon winning the auction, BUYER MUST CONTACT SELLER IMMEDIATELY via phone or email and provide: 1. name to be placed on deed. 2. Phone Number 3. Address to send settlement sheet. 4. $2,000 non-refundable earnest money deposit in the form of a certified check, or money order via overnight delivery service, or bank wire transfer. this deposit must be received within 24 hours of winning the bid. If the seller has not received funds or heard from the purchaser within this period, the transaction will be considered void, and buyer misconduct will be reported to eBay. Buyer also agrees to add the appropriate closing and transaction costs to the amount of the bid. this is approximately $1,000, and covers deed preparation, transfer tax etc. Exact amount due will be computed by sellerâ??s title company handling the closing, and will be shown on the final settlement sheet. Closing of this transaction is within 10 days after the auction ends. the balance due must be sent to our title company via cashiers check or money order on or before the closing date. the balance due is equal to the final sales price, less the $2,000 earnest money deposit plus applicable closing costs to be detailed on the settlement sheet. Our title company will prepare your deed and send the deed to the County to record into your name. you will receive confirmation that the deed has been sent for recording. please ask any questions prior to the auctionâ??s end. There is no time to do so once the auction is over. NOTE TO BIDDERS: Users with Feedback Score 5 or Less or users who are new to eBay must email Seller immediately with your full name and contact number. If you do not perform this request, we have the right to cancel your bid. YOU MUST READ AND AGREE TO THE TERMS PRIOR TO SUBMITTING A BID. Ande n, Flint, Michigan, Indiana,