Bardell Real Estate Logo

HOA 101: Everything You Have to Know About HOA’s

by | Feb 26, 2025 | Blog, Buyers, Homeowners, Homes, Villas and Condos, Investment Property in Florida, Just Sold, Local Events, Long Term Rental, Mortgages, New Construction, New Listing, New Rental Listings, News, Press Releases, Property for Sale, Property for Sale in Orlando, Property Management, Real Estate Components, Real Estate News, Renters, Retirement / 55+, Sellers, Testimonials, Things to Do in Orlando, Uncategorized, Vacant Lot

HOA 101: Everything you Haave to Know About HOA’s

HOA Rules 101: Buyers and Sellers Version 

Homeowners’ associations (HOAs) are becoming increasingly common, with over 75.5 million Americans residing in communities governed by these associations. For real estate professionals, understanding the nuances of HOA rules is crucial in guiding buyers and sellers through the transaction process. 

Understanding HOAs and Their Impact on Real Estate Transactions 

What is an HOA? 

A homeowner’s association is a self-governing organization that enforces community rules and collects fees for maintenance and shared amenities. HOAs can enhance property values by ensuring well-maintained common areas and enforcing community standards. However, they also impose restrictions that homeowners must comply with, affecting everything from landscaping choices to rental policies. 

Benefits and Challenges of Living in an HOA Community 

Pros: 

  • Well-maintained neighborhoods 
  • Access to shared amenities such as pools, gyms, and parks 

Cons: 

  • Monthly or annual HOA fees 
  • Restrictions on home modifications 
  • Potential for fines and legal actions for noncompliance 
  1. Common HOA Regulations

HOA rules often cover: 

  • Landscaping: Restrictions on types of plants, maintenance requirements 
  • Home Exteriors: Limitations on paint colors, fencing, and yard decorations 
  • Parking: Rules on vehicle types and guest parking 
  • Rental Policies: Restrictions on short-term and long-term rentals 
  • Pet Regulations: Limits on breed, size, and number of pets 
  1. Legal Limitations of HOAs

 

While HOAs have broad authority…

Their rules must comply with local, state, and federal laws. Certain restrictions, such as those limiting solar panels or political signs, may be unenforceable depending on state laws. Agents should encourage buyers to consult legal professionals if they have concerns about specific regulations. 

Looking for properties with or without HOA?

 

We Can Help You!

Making Homeownership Possible in Osceola County

Making Homeownership Possible in Osceola County

by | Feb 21, 2025 | Blog, Buyers, Mortgages, News

Unlock Your Path to Homeownership in Osceola County

Discover how first-time homebuyers can access up to 5% in down payment assistance through our exclusive program, making your dream home a reality.

Down Payment Assistance

Expert Guidance

Homebuyer Education

Empowering First-Time Homebuyers Through Strategic Partnerships

The Salvation Army’s Pathway to Housing Program is a transformative initiative aimed at helping first-time homebuyers in Osceola County. By combining resources and expertise, this partnership provides eligible buyers with financial support, educational resources, and personalized guidance, ensuring a smooth transition to homeownership. This program is designed to alleviate the financial burden of down payments and equip buyers with the necessary tools to succeed in the housing market.

Key Benefits of the Pathway to Housing Program

Financial Support

Receive up to 5% in down payment assistance, reducing the initial cost of purchasing your home.

Personalized Homebuyer Education

Gain valuable insights through HUD-approved workshops, covering essential topics like budgeting and mortgage processes.

Expert Real Estate Guidance

Work with experienced agents from RE/MAX Heritage to find the perfect home and navigate the buying process with confidence.

Program Eligibility Criteria

Qualifying for Pathway to Housing

To participate in the Pathway to Housing Program, applicants must meet specific criteria designed to ensure support reaches those who need it most. Firstly, you must be a first-time homebuyer or have not owned a home in the past three years. Residency in Osceola County for at least 12 months is required, along with having at least one minor child under the age of 18 in your household. Financial eligibility is determined by meeting HUD’s income limits, and you must complete an 8-hour HUD-approved Homebuyer Education Class. Additionally, securing mortgage preapproval through a recognized lender, bank, or mortgage broker is necessary. A minimum credit score of 580 is required, with no outstanding judgments or liens. Lastly, proof of paid rent for the current month must be provided. Note that individuals who have filed for bankruptcy in the past two years are not eligible for this program.

Down Payment Assistance Levels

The Pathway to Housing Program offers varying levels of down payment assistance based on the duration of participation. Homebuyers who remain in the program for six months are eligible for 3% down payment assistance. For those who stay between seven to nine months, the assistance increases to 4%. Participants who complete ten to twelve months in the program can receive the maximum assistance of 5%. This tiered structure encourages continued engagement with the program, allowing buyers to maximize their financial benefits while preparing for homeownership. It’s advisable for participants to also save for closing costs and other related expenses during this period.

Assistance Tiers Explained

The program’s assistance levels are structured to reward commitment and preparation. By staying engaged for six months, buyers earn 3% assistance. Extending participation to seven to nine months increases this to 4%, and a full ten to twelve months secures the maximum 5% assistance. This approach not only supports financial readiness but also ensures buyers are well-prepared for the responsibilities of homeownership.

Maximizing Your Benefits

To fully benefit from the Pathway to Housing Program, it’s crucial to understand the assistance tiers. The longer you stay engaged, the greater the financial support you receive. This incremental increase is designed to help you prepare financially and mentally for the transition to homeownership.

Commitment and Rewards

Commitment to the program is rewarded with increased financial assistance. Starting at 3% for six months, the support grows to 4% for seven to nine months, and peaks at 5% for ten to twelve months. This structure encourages participants to remain active and focused on their home-buying journey.

Home-Buying Process Guide

Embarking on the journey to homeownership through the Pathway to Housing Program involves several key steps. This guide outlines the process to ensure a smooth transition from renter to homeowner.

1

Enroll and Connect with a Case Manager

Begin by enrolling in the program and getting assigned a dedicated case manager. This professional will assist you through the qualification process, ensuring you meet all necessary criteria and understand the program’s benefits.

2

Participate in Homebuyer Education

Attend the required 8-hour HUD-approved Homebuyer Education Class. These workshops cover essential topics such as budgeting, mortgage options, and the responsibilities of homeownership, equipping you with the knowledge needed to succeed.

3

Secure Mortgage Preapproval

Work with RE/MAX Heritage’s preferred lenders to obtain mortgage preapproval. This step involves reviewing your credit score, income, and savings to ensure you meet the loan requirements, setting a solid foundation for your home search.

Unlock Your Path to Homeownership Today

Don’t let the down payment hold you back from owning your dream home. Enroll in the Pathway to Housing Program and take advantage of up to 5% down payment assistance. This is your chance to make homeownership a reality in Osceola County. Act now and secure your future!

Homestead Exemption Requirements 2025

by | Feb 3, 2025 | Blog, Buyers, Homeowners, Homes, Villas and Condos, Investment Property in Florida, Just Sold, Local Events, Long Term Rental, Mortgages, New Construction, New Listing, New Rental Listings, News, Press Releases, Property for Sale, Property for Sale in Orlando, Property Management, Real Estate Components, Real Estate News, Renters, Retirement / 55+, Sellers, Uncategorized, Vacant Lot

Homestead Exemption Requirements 2025

Homestead Exemption Requirements 2025

Are you a homeowner in Florida? This information might interest you! 

Owning a home in Florida comes with financial perks that can help reduce property tax liability. Programs like the Homestead Exemption and the Save Our Homes (SOH) Assessment Limitation enable thousands of Florida homeowners to save significantly on their property taxes annually. Additionally, other exemptions are available for property owners with unique circumstances, such as disabilities, military service, or specialized property uses. 

Key Benefits for Homeowners 

  1. Homestead Exemption 
    Florida homeowners who make their property their primary residence—or that of their dependents—may qualify for a Homestead Exemption, which can reduce the property’s taxable value by up to $50,000. 
  1. Save Our Homes (SOH) Assessment Limitation 
    The SOH cap restricts the annual increase of assessed property values to 3% or the Consumer Price Index (CPI), whichever is lower. This helps shield homeowners from drastic property tax increases due to rising property values. 
  1. Portability of SOH Benefits 
    While the Homestead Exemption itself is nontransferable, Florida allows homeowners to transfer (or “port”) their SOH assessment savings to a new homestead within the state. This portability ensures continued tax benefits even after relocating. 
  1. Additional Benefits for Special Groups 
    Exemptions and discounts are also available for: 
  1. Senior citizens 
  1. Veterans and active-duty military service members 
  1. Individuals with disabilities 
  1. Disabled first responders 
  1. Properties serving specialized purposes 

Empower Your Finances 

By understanding and leveraging these tax exemptions, Florida homeowners can take control of their property expenses and potentially save thousands of dollars each year. To learn more about your eligibility or to apply, consult your local property appraiser’s office or official government resources for detailed guidance. 

Take advantage of these programs today to make the most of your Florida homeownership! 

For Local Information you can also contact your County Appriser 

Source: Florida Department of Revenue 

 

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

[formlift id=”36911″]

Local Spotlight: 5 things to do in Central Florida other than the Theme Parks 

by | Jan 31, 2025 | Blog, Buyers, Homeowners, Homes, Villas and Condos, Investment Property in Florida, Just Sold, Local Events, Long Term Rental, Mortgages, New Construction, New Rental Listings, News, Press Releases, Property for Sale, Property for Sale in Orlando, Property Management, Real Estate Components, Real Estate News, Renters, Retirement / 55+, Sellers, Things to Do in Orlando, Uncategorized

Local Spotlight: 5 things to do in Central Florida other than the Theme Parks 

Local Spotlight: 5 things to do in Central Florida other than the Theme Parks 

Exploring Four Corners: Top Spots Beyond Theme Parks 

Getting familiar with the area and seeking new adventures? Four Corners offers plenty of activities that go beyond Disney and the theme parks. Whether you’re a nature enthusiast or just looking for a relaxing day outdoors, here are some must-visit places to enjoy the beauty of Florida’s weather and landscape: 

  1. Northeast Regional Park

Located in Polk County, this fantastic park offers sports courts, walking trails, playgrounds, and even a fishing dock. It’s the perfect spot for outdoor fun and connecting with nature. 

  1. 2. Celebration Lakeside Park

With serene lake views and scenic walking trails, Celebration Lakeside Park is a wonderful place to soak up the sunshine and enjoy Florida’s great weather. 

  1. Gatorland

Looking for adventure? Gatorland has zip lines, live exhibitions, a croc rock wall, a petting zoo, feeding experiences, and exciting shows. It’s a thrill-packed day for all ages! 

  1. Lakeridge Winery & Vineyards

For a more relaxing experience, visit Lakeridge Winery to enjoy local wine tastings and tours. It’s the perfect way to unwind and savor a peaceful day. 

  1. Southern Hill Farms (Clermont)

Experience the charm of farm life by picking seasonal fruits, enjoying family-friendly activities, and connecting with nature. Don’t forget to check their calendar for special events! 

Four Corners is full of hidden gems waiting to be explored. Step outside the usual attractions and enjoy all the natural beauty, adventure, and relaxation this area has to offer! 

 

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

[formlift id=”36911″]

Home Improvement and Staging Tips

by | Jan 31, 2025 | Blog, Buyers, Homeowners, Homes, Villas and Condos, Investment Property in Florida, Just Sold, Local Events, Long Term Rental, Mortgages, New Construction, New Listing, News, Press Releases, Property for Sale, Property for Sale in Orlando, Property Management, Real Estate Components, Real Estate News, Renters, Retirement / 55+, Sellers, Testimonials, Uncategorized, Vacant Lot

Home Improvement and Staging Tips

Thinking About Selling Your Property? Try These Tips to Attract More Buyers! 

Selling your property can feel like a big task, but with the right preparation, you can make your home irresistible to potential buyers. Check out these expert tips to maximize your property’s appeal and secure the best offers: 

 

  1.  Boost Your Curb Appeal 

First impressions matter! A freshly painted exterior, a repaired fence, or some vibrant landscaping can go a long way in grabbing attention. Enhancing your home’s curb appeal doesn’t just attract more buyers—it can also increase the value of the offers you receive. 

  1.  Give Your Kitchen a Facelift 

The kitchen is often the heart of the home, and buyers know it. You don’t need a complete remodel to make it shine. Small updates like painting cabinets, upgrading the backsplash, or replacing outdated appliances can make a huge difference—and keep your budget intact. 

 

  1.  Fix What’s Broken 

Buyers want a home that’s move-in ready. Addressing minor repairs like cracked walls, squeaky floors, or a leaky roof will not only improve the overall look of your home but also give buyers peace of mind. 

 

  1. Declutter Like a Pro 

Less is more! Clear out excess furniture and personal items to make your home feel more spacious. Professional stagers often remove up to half of a home’s furnishings to create an open, inviting space where buyers can envision their future. Give them room to dream! 

  1. Power Wash for Instant Freshness 

A clean driveway and exterior can work wonders for your home’s appearance. A quick power wash can brighten up pathways, patios, and driveways, leaving your property looking polished and well-cared-for. 

 

Ready to Sell? Let’s Make It Happen! 

These simple yet impactful tips can make a big difference in attracting buyers and achieving the best price for your property. Need more guidance? Our team of real estate experts is here to help you every step of the way. 

Your perfect buyer is out there—let’s make your property the one they’ve been waiting for! 

 

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

[formlift id=”36911″]

New Retirement Community: Del Webb of Oasis

by | Jan 31, 2025 | Blog, Buyers, Homeowners, Homes, Villas and Condos, Just Sold, Local Events, Long Term Rental, Mortgages, New Construction, New Rental Listings, News, Property for Sale in Orlando, Real Estate News, Retirement / 55+, Things to Do in Orlando, Uncategorized, Vacant Lot

New Retirement Community: Del Webb of Oasis

Del Webb of Oasis: 55+ Community

Looking for a Retirement Home? Discover Del Webb Oasis in Orlando! 

Del Webb Oasis in Orlando should be at the top of your list of communities to explore. This exceptional community offers everything you need to enjoy your retirement to the fullest! With customizable home designs and a wide range of amenities, including a community pool, gym, yoga and Pilates room, tennis courts, fishing dock, community gardens, and scenic walking paths, Del Webb Oasis is designed to cater to your every need. 

Conveniently located just 45 minutes from Downtown Orlando, this community is close to the city’s major theme parks and attractions, providing easy access to everything Orlando has to offer. 

Del Webb Oasis offers a lifestyle filled with activity, events, new experiences, and endless excitement. If you need assistance, our experienced agents are here to guide you through every step of the buying process. 

What more could you ask for? Sunshine, an active lifestyle, new friends, engaging events, and world-class amenities—all while living close to top tourist destinations.  

At Del Webb Oasis, retirement feels like a permanent vacation! 

Set an appointment today!

Get in touch today!

1 + 10 =

Outdoor Orlando Resorts logo overlooking the water and palm trees

Outdoor Resorts Orlando

About ORO

Outdoor Resorts is a deed restricted 55 plus community located on Highway 192 six miles west of Disney. With a combination of manufactured park model homes, and vacant lots for an RV or a motor home this community offers affordable Florida retirement living for a range of budgets.

Del Webb orlando Entrance

Del Webb Orlando

About Del Webb

Beautiful homes for sale in the stunning Del Web Orlando 55 Plus Community. With close access to I4 a trip to Disney’s theme parks are no problem. Del Webb was built in the master-planned golf community of Ridgewood Lakes where it is set back enough for its residents to enjoy the nature and lakes but close enough to the major roadways. For once you can start to enjoy the hobbies you wanted to do with people who share the same interests! The residents of Del Webb Orlando have access to the 30,800 sq. ft. club house which includes fitness opportunities, various clubs and classes, and a game room with pool and card tables.

Homes for Sale in Clermont - City of Clermont Logo

Polo Park (West) & Estates

About Polo Park West

Polo Park and Polo Park Estates are deed restricted 55 plus communities, located approximately 3/4 mile from the junction of Highway 27 and Highway 192. With a combination of manufactured, site built, and RV homes in these communities they offer affordable retirement homes for a range of budgets.

Heritage Hills entrance

Heritage Hills

About Heritage Hills

If you are looking for homes for sale in Heritage Hills you can view all the properties currently listed for sale by scrolling down this page. Beautiful Mediterranean-style Lennar Homes this 55 Plus community near Disney is a perfect  fit for home buyers looking for luxurious resort style living.

Polo Park brick entrance sign

Polo Park East

About Polo Park East

Polo Park East is a deed restricted 55 plus community located approximately 3/4 mile from the junction of Highway 27 and Highway 192. This active 55 plus golf community provides it’s residents with a wide range of facilities.

Summit Greens entrance

Summit Greens

About Summit Greens

Summit Greens is an active adult community located in Clermont, Florida. Conveniently located on Highway 50 and Hancock Road, residents at Summit Greens are only minutes from shopping and major highways, yet find themselves surrounded by beautiful and unique hills of the Central Florida ridge country.

Kings Ridge Entrance sign

Kings Ridge

About Kings Ridge
Located on Highway 27 just 5 miles south of Clermont Kings Ridge is a deed restricted 55 plus active adult golf community near Orlando Florida. With 2,100 homes set around two superb golf courses, Kings Ridge is one of the premier retirement communities in the Disney Orlando area!

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

[formlift id=”36911″]