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Since I reside in Central Florida I'm a huge advocate for Central Florida. Speaking from the Commercial RE side which includes Apartments, Retail, Industrial, Office and Hospitality. The volume of properties being sold and inventory availability are signs of this market getting back on its feet.
Here are a couple of stories to validate this. Provided that companies like Wal-Mart are steady growing in this area indicates
more people are continuing to move to Florida and work in Florida.Wal-Mart keeps growing in Central Florida
http://www.bizjournals.com/orlando/blog/2012/06/wal-mart-keeps-growing-in-central.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_orlando+%28Orlando+Business+Journal%29John-USA-CommercialRE
Email MeNot any lender, but I would need to know more details. Property location, Loan to Value you can afford, property type, income producing or not, credit worthiness, etc…
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John-USA-CommercialRE
Email MeWhere does this person claim they are working from? I seen reference to Orlando but I never heard of this guy….. I work with a National firm in downtown Orlando myself. Whomever he is and if in fact he lives in Florida; you can verify if he is licensed and or has any complaints against him by visting this website: https://www.myfloridalicense.com/wl11.asp
example: you put in my name John R Keeler and you can verfify the licensing and current status.
If this guy is not from Florida; there should be a website in the state he works from that has licensing information. If he is not licensed as a Real Estate Agent / Broker then there certainly could be some reason to be very concerned here.
John-USA-CommercialRE
Email MeI'm in the United States and investing is great here depending on the income producing product and location. But to answer your question; You may want to reach out to a local guy by the name of Nigel. He is on this site often and has a great insite as to the market there. I've only recently come to know Nigel myself but my first impression is that he is very hands on in the marketplace and has the best interest of the investor in mind when giving advice.
Best of LuckJohn-USA-CommercialRE
Email MeJacki, *
I'm an agent/broker however I work in the USA. Nevertheless, real estate is real estate no matter where it may be located. My firm undergoes extensive training litterally non-stop on a weekly basis.
Basically, to answer your question directly (and I dont mean to offend any other RE agents here) The reason Real Estate does not sell is for one of two reasons (sometimes both):
1. Either the property is not priced to meet the market and the owner needs to conform to the market…..
or
2. Either the Agent is not doing their job.example: When I set down with a new client to talk about taking a listing to sell their real estate I provide them with a written marketing plan and I review that with them very thouroghly. This way the client understands exactly what I will be doing for them each step of the way and it allows the client to have accountability over the agent. In the end, both client and agent have responsibilities; the agent's is to market the property and the client's is to counter all offers timely and to be willing to explore that fact that the real estate may be priced outside the possibility of being sold compared to the market……
Best of LuckJohn-USA-CommercialRE
Email MeHere are a couple companies who did lend to foreigners on American property. Since I deal mostly in commercial real estate I have been out of touch with the residential side for a bit; but try these and let me know how it works out.
1. Patriot Home Funding
Jim Pandolfi jim.pandolfiAmyphf.com
2. Federated Mortgage Services
Todd Campbell 954-561-1000
http://www.federatedmortgageservices.com
John-USA-CommercialRE
Email MeThanks to all.
RobJohn-USA-CommercialRE
Email MeYou are correct about the scammers out there. I just received a LOI today from some company named ENYP-SENSO located in Austria. As soon as I requested proof of funds and if they had an agent who actually wanted to see the real estate I received a follow up email stating they were not interested since my seller was rigid…. what a joke…
Rob Keeler
John-USA-CommercialRE
Email Me
