Archive for the 'market updates' Category
Windermere Luxury Home Short sales
Windermere Florida the home of Tigar Woods and the Isleworth subdivision for the “Rich and Famous” offers some great luxury home deals not available were it not for the real estate down turn says Gitta Urbainczyk, P.A., E-Pro, CLHMS, and Guild member of the Institute of Luxury Home Marketing and member of the The Luxury Broker network. Luxury homes are offered at prices never heard off before and it affects most of the subdivisions in Windermere such as, Chaine Du Lac a 12,973 sqf home being offered for short sale for $5.9M after being reduced from $7.5M, Reserve AT Butler Sound, a 6994 sqf. home is being offered at $3.590M after being reduced from $3.790M. These are just a few short sales being offered. There are currently 223 short sales in Windermere, if you like to buy one of these short sale in Windermere and or need to short sell your luxury home call Gitta direct at 407-330-2181. Here is also a direct access the Windermere MLS Orlando Real Estate - Click here to access the Windermere MLS or you can call Gitta direct by calling 407-330-2181 or send an e-mail at Gitta@gitta.com
Orlando Short Sale Expert
Gitta Urbainczyk (P.A., E-Pro, RECS, CLHMS, Broker Associate)
Orlando is getting hit with an amazing amount of home foreclosures and more
and more people are falling behind in payments. The reasons are many. The
bottom line is that we are on the downslide of the real estate bubble.
Over the next two to three years, circumstances will be tough for many
people. The ripple effects of the real estate bubble are going to affect
many and adjustable rate mortgages are going to be the Achilles heel. I
don’t think there are too many solutions to the mortgage and real estate
crises hitting the country, short of interest rates going back to a 1%
level. This, plus allowing the entire real estate bubble to erect itself
out of the ashes, is perhaps the only solution. Unfortunately, I know this
is not going to happen. In the meantime, we need to deal with the millions
of home owners facing foreclosure. When you have missed the first payment or
you are about to be unable to make your next payment, actions need to be
taken to avoid foreclosure. There are some potential remedies. Your goal is
to avoid foreclosure and/or a foreclosure showing up on your credit. First
of all, here are three things you should never do.
Orlando Short Sale Market Report
It has been quite awhile since I have given a real estate update and my main
reason was the deteriorating real estate situation around the country did
not need my negative outlook on the Orlando real estate market. I am sure
you are reading the paper was well as I do and I am sure you are seeing the
action the government is taking to add additional debt to our already
bloated national burden without getting anywhere. My team has been
successful in helping many sellers in selling their homes prior to
foreclosure and I think selling homes prior to foreclosure in a short sale
process the absolute best way to go, however, banks have been incredible
slow to react to contracts and they wait until the neighborhood prices have
dropped even more. If the TARP funds would be used to fund the difference
between what is owed and what the net amount of the offer is and speed up
the process, this would stabilize the market significantly and get things
moving.
In fact, if you are interested in helping the country and want to see things
move in the right direction, please write to your representatives. I have
sent a letter to the governor to point out this travesty and hopefully with
your help in writing as well we can get the real estate market moving again.
- Read the letter that we wrote:
Great Foreclosure Deals!
Hundreds of homes in foreclosure and bank-owned all over the 5-county area of Central Florida! Go to www.shortsalemegastore.com now and save $$$!
1 commentFirst Auction a Success! Second Luxury Auction Slated for June 14th, 2008!
With many properties moving at our first auction, there are still several properties remaining that are available at substantial savings. In addition to these properties, new properties are being added to the list.
As a result, Luxury Auctions International announces the second in a series of high-profile luxury auctions to take place in the Orlando area. Join LAI at the Wyndham Resort in Orlando on June 14th starting at 1pm for your chance to bid on a variety of hot luxury properites, some at absolute auction with no minimum or reserve!
“Gitta’s Auction team is led by Dudley Brown, previously associated with Decaro South Auctions,” said Urbainczyk. “Luxury Auctions International has also hired master Auctioneer Fritz Fedele as the auctioneer of record. Nydia Norman of the Xcel Realty Group has joined the team as the specialist for the builders and developers.”
This auction is open to all brokerages in Orlando and surrounding counties. Buyers can be registered by calling the Auction Hotline at 888-211-4355 or by visiting www.luxuryauctionsinternational.com. Alternatively, they may call Dudley Brown direct at 941-228-2144.
About Gitta’s Real Estate Team
Led by Gitta Urbainczyk (P.A., E-Pro, RECS, CLHMS, Broker Associate), Gitta’s Team is considered a major producer in the real estate industry and is known for many awards and high quality of services. They have serviced the greater Orlando area for the past 20 years and are the leading real estate team for Orlando real estate and other real estate needs anywhere in the six (6) county area of Central Florida.
For more information about Urbainczyk, her auction team and auction participation, please visit www.luxuryauctionsinternational.com or call Gitta Urbainczyk at 407-330-2181.
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No commentsLuxury Auctions International Marketing Team Formed by Gitta’s Real Estate Team
Gitta Urbainczyk P.A., Prestigious Million-Dollar Guild Member, Opens Luxury Auction Division
Orlando, FL – February 20th , 2008: Gitta Urbainczyk, leader of Gitta’s Real Estate Team (a Keller Williams Heritage Realty team located in Lake Mary, Florida), has opened a Luxury International Auction Division under the name Luxury Auctions International. Holder of the prestigious Million Dollar Guild award from the exclusive Institute for Luxury Home Marketing, Urbainczyk leads this new luxury division which serves the 5-county greater Orlando area. The purpose of this new division is offer the ability to efficiently auction luxury homes from $500,000 and up.
After much analysis, we find the greater Orlando area market is ripe and underserved for a luxury portfolio auction company. Therefore, we are pleased to take the lead in providing this service. Our first major auction will be on March 15th at the Wyndham Orlando Resort on International Drive. The auction is open to all brokerages in the Orlando area. More information can be found at www.luxuryauctionsinternational.com or by calling our Auction Hotline at 888-211-4355.
“Gitta’s Auction team is led by Dudley Brown, previously associated with Decaro South Auctions,” said Urbainczyk. “Luxury Auctions International has also hired master Auctioneer Fritz Fedele as the auctioneer of record. Nydia Norman of the Xcel Realty Group has joined the team as the specialist for the builders and developers.”
This auction is open to all brokerages in Orlando and surrounding counties. By pooling the marketing resources and depending on the funds raised for advertising, we are also planning to engage in international advertising in Canada and the United Kingdom. In addition, we will run a campaign in major newspapers such as The Wall Street Journal, Toronto Star, and the Chicago Tribune. Buyers can be registered by calling the Auction Hotline at 888-211-4355 or by visiting www.luxuryauctionsinternational.com. Alternatively, they may call Dudley Brown direct at 941-228-2144.
About Gitta’s Real Estate Team
Led by Gitta Urbainczyk (P.A., E-Pro, RECS, CLHMS, Broker Associate), Gitta’s Team is considered a major producer in the real estate industry and is known for many awards and high quality of services. They have serviced the greater Orlando area for the past 20 years and are the leading real estate team for Orlando real estate and other real estate needs anywhere in the six (6) county area of Central Florida.
For more information about Urbainczyk, her auction team and auction participation, please visit www.luxuryauctionsinternational.com or call Gitta Urbainczyk at 407-330-2181.
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