Bardell Real Estate Logo
How Our Partnership with Motto Mortgage Makes Homebuying Easier

How Our Partnership with Motto Mortgage Makes Homebuying Easier

How Our Partnership with Motto Mortgage Makes Homebuying Easier

At RE/MAX Heritage, we’ve spent over two decades guiding clients through the complexities of real estate, from buying and selling to investing. One of the most challenging aspects of any transaction is securing the right mortgage. That’s why our partnership with Motto Mortgage Homewise is such a valuable asset and we know how you, our clients, can take advantage of this partnership. We didn’t partner with just any lender—we teamed up with Motto Mortgage because they bring real solutions that simplify the mortgage process, offering clarity and efficiency for our clients. 

Loan Officers at Motto Mortgage Homewise

What This Partnership Means for You 

Whether you’re buying, selling, or investing, having a trusted mortgage partner is key to a smoother transaction. Here’s how our partnership with Motto Mortgage makes all the difference. 

For Buyers: Simplifying the Path to Homeownership

As a buyer, navigating the mortgage process can feel overwhelming. With questions about affordability, borrowing limits, and timing, it’s easy to feel uncertain. But with RE/MAX Heritage and Motto Mortgage working together, we help take the guesswork out of securing a mortgage. 

  • Fast Loan Estimates: In just 15 minutes, you can receive a loan estimate without affecting your credit score, giving you immediate insight into how much home you can afford. 
  • A Variety of Loan Options: Whether you need an FHA, VA, or a flexible down payment assistance loan, Motto Mortgage offers diverse solutions tailored to your financial situation. 
  • Quick Closings: Once you find the right home, there’s no need for delays. With Motto Mortgage, we aim to close loans in 14 days or less, ensuring a fast and efficient process from start to finish. 
For Sellers: Faster Closings with Confident Buyers

As a seller, having financially prepared buyers means fewer delays and smoother transactions. Our partnership with Motto Mortgage allows us to ensure that potential buyers are pre-qualified quickly, so you can sell with confidence knowing your buyer is ready to close. 

Imagine showing your property to a buyer who has already secured their financing. This peace of mind minimizes uncertainty and helps facilitate quicker sales, giving sellers the advantage in today’s competitive market. 

For Investors: Optimizing Your Financial Strategy

Investors know that timing is everything, and having the right financing options can make or break your next move. Motto Mortgage specializes in creative loan solutions tailored for investors, including: 

  • Bridge Loans for buying before selling. 
  • Investment Loans with only 15% down, allowing you to leverage your capital more effectively. 
  • Foreign National Loans that can close in under three weeks. 

These flexible financing options give investors the edge they need to make strategic decisions and maximize their returns. 

A Partnership Built on Experience and Results 

Our partnership with Motto Mortgage Homewise isn’t just about convenience—it’s about trust and expertise. With decades of experience in real estate, we know how crucial strong partnerships are to ensuring successful transactions. Motto Mortgage shares our commitment to clear communication, realistic solutions, and fast results. 

We’ve built a relationship that empowers our clients to navigate the mortgage process with confidence, ensuring that the entire experience—from offer to closing—is as seamless as possible. 

Why Now Is the Time to Act 

With interest rates still favorable compared to historical trends, now is a great time to buy, sell, or invest. Having a reliable mortgage partner like Motto Mortgage makes it easier to take advantage of these opportunities. Whether you’re locking in a great rate or exploring new possibilities, we’re here to help you make the most of today’s market. 

What’s Next? Let’s Get Started 

At RE/MAX Heritage, we pride ourselves on being trusted advisors to our clients. Our partnership with Motto Mortgage ensures that we’re not just finding the right homes—we’re securing the right financing as well. From first-time buyers to seasoned investors, we’re here to guide you every step of the way. 

If you’d like to learn more reach visit their website at www.mottomortgage.com/offices/homewise-winter-haven/staff-roster 

July Real Estate Home Sales Show Positive Shift

July Real Estate Home Sales Show Positive Shift

July Real Estate Home Sales Show Positive Shift

Existing July home sales

 

July Real Estate Home Sales Show Positive Shift

July marked a positive turn for existing-home sales, breaking a four-month streak of declines, according to the National Association of REALTORS®. Three out of the four major U.S. regions experienced an increase in sales, while the Midwest held steady. Year-over-year, sales rose in the Northeast and West but saw declines in the Midwest and South.

Key Highlights:

  • Overall Sales Growth: Total existing-home sales—including single-family homes, townhomes, condominiums, and co-ops—increased by 1.3% from June, reaching a seasonally adjusted annual rate of 3.95 million in July. However, this is a 2.5% decrease compared to July 2023, when sales stood at 4.05 million.

  • Market Conditions: NAR Chief Economist Lawrence Yun noted, “Although the gain is modest, home sales continue to face challenges. However, buyers are seeing more options, and affordability is improving thanks to lower interest rates.”

  • Inventory Levels: Total housing inventory at the end of July was 1.33 million units, marking a 0.8% increase from June and a substantial 19.8% rise from a year ago (1.11 million). Unsold inventory is currently at a 4.0-month supply, down slightly from 4.1 months in June but up from 3.3 months in July 2023.

  • Home Prices: The median existing-home price for all housing types in July was $422,600, a 4.2% increase from one year ago ($405,600). All four U.S. regions reported price increases.

REALTORS® Confidence Index

According to the monthly REALTORS® Confidence Index:

  • Time on Market: Properties typically remained on the market for 24 days in July, up from 22 days in June and 20 days in July 2023.
  • First-Time Buyers: First-time buyers accounted for 29% of sales in July, consistent with June but slightly down from 30% in July 2023.
  • All-Cash Sales: All-cash sales made up 27% of transactions in July, slightly down from 28% in June but an increase from 26% a year ago.
  • Investor Activity: Individual investors or second-home buyers, who often make cash purchases, bought 13% of homes in July, down from 16% in both June 2024 and July 2023.
  • Distressed Sales: Distressed sales, including foreclosures and short sales, represented 1% of sales in July, virtually unchanged from the previous month and the prior year.

Mortgage Rates

Freddie Mac reported that the 30-year fixed-rate mortgage averaged 6.49% as of August 15, slightly up from 6.47% the previous week but down from 7.09% one year ago.

Single-Family and Condo/Co-op Sales

  • Single-Family Homes: Sales rose by 1.4% to a seasonally adjusted annual rate of 3.57 million in July, a 1.4% decrease from the previous year. The median existing single-family home price was $428,500 in July, up 4.2% from July 2023.

  • Condominiums and Co-ops: Sales remained steady from June at a seasonally adjusted annual rate of 380,000 units, but this represents an 11.6% decline from a year ago (430,000 units). The median existing condo price was $367,500 in July, up 2.7% from the prior year ($357,900).

Yun commented, “The median home price for condominiums is lower, but the condominium market continues to underperform compared to the single-family market. Rising maintenance and insurance costs have diminished the appeal of condominiums.”

Regional Breakdown

  • Northeast: Existing-home sales increased by 4.3% from June to an annual rate of 490,000 in July, a 2.1% rise from July 2023. The median price in the Northeast was $505,100, an 8.3% increase from last year.

  • Midwest: Existing-home sales remained unchanged in July at an annual rate of 920,000, though this represents a 5.2% decline from the previous year. The median price in the Midwest was $321,300, up 4.5% from July 2023.

  • South: Existing-home sales grew by 1.1% from June to an annual rate of 1.79 million in July, but this is a 3.8% decrease from one year ago. The median price in the South was $372,500, a 2.3% increase from the previous year.

  • West: The West saw existing-home sales rise by 1.4% in July, reaching an annual rate of 750,000, which is also a 1.4% increase from a year ago. The median price in the West was $629,500, a 3.4% increase from July 2023.


Why Choose RE/MAX Heritage – A Bardell Real Estate Company

At RE/MAX Heritage, we are Florida Property Specialists, offering unparalleled expertise in new and resale vacation homes, investment properties, retirement homes, residential properties, and long-term property management/leasing services. Serving the Orlando area, we are your gateway to buying and selling real estate with confidence.

Legacy of Excellence
Established as Bardell Real Estate in 1989, we have been a trusted name in Central Florida for over 30 years. Our decision to join the RE/MAX family in December 2021 enhances our ability to deliver top-tier service by combining our deep-rooted values of honesty, integrity, and respect with RE/MAX’s global resources.

Full-Service Real Estate Expertise
As a full-service real estate office, RE/MAX Heritage is committed to meeting all your real estate needs—whether you’re buying, selling, or seeking long-term leasing services. We operate in full compliance with the Fair Housing Act, the Fair Credit Reporting Act, and all relevant laws to ensure the highest standards of service.

Our Commitment
Our product is service, and our tools are people and property. We are dedicated to delivering a warm, friendly experience focused on helping you achieve your real estate goals, coupled with the highest level of professionalism to solve your needs better than anyone else.

Motto: “WHEN ONLY A PROFESSIONAL WILL DO.”

Choose RE/MAX Heritage to experience a perfect blend of heritage, expertise, and global reach, ensuring your real estate journey is nothing short of exceptional.

 

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.

 

When to List Your Long-Term Rental with RE/MAX Heritage for the Best Results

When to List Your Long-Term Rental with RE/MAX Heritage for the Best Results

When to List Your Long-Term Rental with RE/MAX Heritage for the Best Results

Located in the vibrant Four Corners area near Orlando, REMAX Heritage understands that advice on the best times to buy or sell property is readily available. But what if your goal isn’t to sell? What if you’re looking to rent out your single-family home or an apartment within your complex? Knowing the optimal time to list your rental property can significantly enhance your chances of finding tenants.

Why Spring Is the Optimal Time to List Your Rental

Spring emerges as the prime season to market your rental property for several compelling reasons, paralleling some of the logic behind property sales:

1) Aligning with the School Calendar: Families prefer moving during the summer to avoid disrupting the school year. Listing in spring caters to these potential tenants, helping them plan their relocation right after the school term ends.

2) Advantageous Weather: Generally, more people are inclined to move during spring and summer, favored by milder weather. This makes not only property viewing but also the physical move smoother and more pleasant.

3) Enhanced Property Aesthetics: Properties tend to showcase their best look in spring, with blooming flowers, lush greenery, and vibrant landscapes. Enhancing your property’s curb appeal with fresh landscaping or colorful planters can make a significant difference.

4) Financial Boost from Tax Refunds: The influx of tax refunds during spring provides many renters with extra funds, which they might use for moving expenses, making it a financially opportune time to seek new living arrangements.

While spring stands out as the ideal time to list, REMAX Heritage offers strategies to effectively market your rental during other seasons:

Seasonal Rental Listing Tips

  • Summer: Highlight features like pools, air conditioning, and proximity to outdoor activities. Be ready to inform about local school timelines, reassuring families they can settle before the academic year starts.
  • Fall: Utilize autumnal decor to create a cozy, inviting atmosphere. Emphasize the natural scenery and plant seasonal blooms like chrysanthemums to maintain an appealing exterior.
  • Winter: Ensure your property feels warm and welcoming. Preheat the space before showings, utilize seasonal scents, and maximize natural lighting to counteract the shorter days.

By adapting your strategy to each season, you can attract tenants year-round, maintaining a successful rental venture even during traditionally slower months.

Exploring Opportunities in the Off-Season

What strategies do you consider effective for listing your rental property outside the peak season? At REMAX Heritage, we’re always looking for innovative ideas to serve our clients better and keep occupancy rates high throughout the year.

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″]

Why Having a Real Estate Agent is Essential for Your Home Purchase Journey

Why Having a Real Estate Agent is Essential for Your Home Purchase Journey

Why Having a Real Estate Agent is Essential for Your Home Purchase Journey

Why Having a Real Estate Agent is Essential for Your Home Purchase Journey

Considering buying a home in the Orlando Area? It’s a significant journey, but you don’t have to navigate it alone. A real estate agent can be your invaluable ally, offering the expertise and support you need. Here are five compelling reasons why enlisting the help of a real estate agent is a wise decision:

Industry Experience:

Real estate agents are equipped with training, knowledge, and local connections that can demystify the buying process for you. They’ll lead you through each step, from home search to closing, ensuring you’re well-informed at every turn.

Local Market Knowledge:

A seasoned real estate agent possesses an in-depth understanding of the local market. They can provide insights into current trends, the pace of home sales, and emerging neighborhoods. This insider knowledge is crucial when deciding where and how much to invest.

Pricing and Market Value Expertise:

Stay ahead of the curve with a real estate agent who can interpret market trends and assess home values accurately. This empowers you to craft competitive offers that strike a balance between your budget and the seller’s expectations.

Contract Review and Negotiations:

The home buying process involves a mountain of paperwork, including intricate contracts and disclosures. Your real estate agent will decode these documents for you, ensuring your interests are safeguarded. Plus, they’ll skillfully negotiate on your behalf to secure favorable terms and pricing.

Negotiation Expertise:

Negotiation is an art, especially in the realm of real estate. From the initial offer to the final closing, your real estate agent will be your advocate, leveraging their experience and skills to secure the best possible outcome for you.

Consider RE/MAX Heritage to buy or sell your  home 

We all live and work in the area, bringing our expertise and dedication to every transaction. Whether you’re buying or selling real estate, it’s often the most significant financial decision you’ll make. With over 30 years of experience serving clients in Orlando and surrounding areas, our team is committed to providing the best representation possible.

If you’d like one of our experienced agents to assist you directly through the buying process, simply complete the short form opposite. Our agents will help guide you through the entire process, offering valuable support at every step. Contact us today to learn more about how we can help you achieve your real estate goals

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″]

Discover expert tips for successfully leasing your property in Orlando, Florida

Discover expert tips for successfully leasing your property in Orlando, Florida

Discover expert tips for successfully leasing your property in Orlando, Florida

Security deposits can sometimes be a controversial topic, but they’re necessary for keeping a property in tip-top shape. Security deposits are enforced for residents in order to protect the space, while also giving you some motivation to keep your residence in good condition. It’s never fun paying a fee upfront for damage that hasn’t happened, but receiving the money back after a harmless stay is encouraging! As a property management company in Orlando Florida, we want to give you your money back at the end of your lease. With these expert tips, you can avoid damage and have a good chance of recouping the fee you paid upfront.

Read Your Lease Thoroughly reviewing your lease is a great starting point.

Your lease should have clear information on the expectations in place to receive your security deposit back. It could be helpful to make a checklist and hang it on your fridge, so, throughout your residence, you remember what needs to be done in order to regain your deposit.

Document Your Space Be sure to take photos and videos of everything.

This content should include date and timestamps. Having physical proof of your space being neat and undamaged will only benefit you. If you notice something is damaged upfront, be sure to alert your landlord so you aren’t charged for those damages.

Clean Up

A deep, thorough cleaning of your space before you move out will give you a good chance of recouping your deposit. Be sure to wipe down inside the refrigerator and oven, as those two spaces are typically forgotten. Other than that, general dusting, mopping, nail hole patching, and vacuuming will ensure your home is in good shape.

Repair Damage Sometimes, things happen that are out of our control.

If you have any damage at all, make sure to repair it before you move out. Work with your landlord to determine if on-site maintenance staff can fix the damage or if an outside vendor needs to take on the job. It’s always best to fix the damage immediately instead of waiting until your move-out date!

Security deposits are set in place to protect properties from long-term damage.

By following these expert tips, your odds of receiving your deposit are high. At RE/MAX Heritage, our top priority is to keep clients satisfied with their place of residence. Ready to take the next step towards owning your own home in Orlando, Florida? click HERE to get started on your home search! Contact RE/MAX Heritage today to begin your journey to finding your dream home. Let us guide you through the process and make your homeownership dreams a reality!

Landlords, are you looking for a property management company in Orlando, Florida?

Consider the advantages of partnering with RE/MAX Heritage as your property management company. Our experienced team handles everything from tenant screening and lease agreements to property maintenance and rent collection, allowing you to enjoy a hassle-free landlord experience. With our expertise, you can rest assured that your properties are well-maintained and your tenants are satisfied, maximizing your investment returns while minimizing your stress. Trust RE/MAX Heritage to professionally manage your properties and help you achieve your real estate investment goals.

Our Property Manager- Lucy Hinson

Lucy Hinson is a seasoned property manager with over 12 years of experience, currently excelling in her role at RE/MAX Heritage. Her expertise spans tenant relations, lease negotiations, property maintenance, and financial management, all underpinned by a commitment to client satisfaction. Known for her proactive approach and attention to detail, Lucy is trusted by clients and colleagues alike to deliver optimal results in real estate investments. Outside of work, she enjoys family time, travel, and community engagement. With a passion for her craft and a proven track record, Lucy continues to make a significant impact in property management.

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″]

Don’t Wait- Marry the Home!

Don’t Wait- Marry the Home!

Don’t Wait- Marry the Home!

Path to Home Ownership- Dont Wait Marry the Home!

Are you eagerly waiting for interest rates to drop before taking the plunge into the world of homeownership? While the allure of lower interest rates is undeniable, there are compelling reasons why you should not postpone your decision to buy a home. In this blog post, we’ll explore why it’s essential to prioritize getting out of renting rather than holding out for interest rates to come down.

Interest Rates Are Unpredictable:
Interest rates are notorious for their unpredictability. They can rise, fall, or remain stagnant, and it’s nearly impossible to accurately time the market. Waiting for interest rates to reach your ideal level might lead to missed opportunities. Even financial experts often struggle to make accurate predictions about interest rate fluctuations. Instead of playing the guessing game, it’s wiser to focus on your readiness for homeownership.

Real Estate Appreciation:
Real estate has historically proven to be a valuable investment that appreciates over time. When you delay your home purchase, you miss out on potential gains from your property’s appreciation. Your property’s value could increase significantly, especially if you invest in a growing neighborhood. Instead of waiting for lower interest rates, consider the long-term financial benefits of owning property.

Renting Costs Money:
Renting a home might seem like a cost-effective short-term solution, but over time, it can become a significant financial burden. Every month you spend on rent is money that could have gone toward building equity in your own home. Homeownership allows you to make mortgage payments that contribute to your long-term financial stability, whereas renting provides no equity-building benefits.

Security and Stability:
Owning a home provides a sense of security and stability that renting cannot match. When you rent, you’re subject to the whims of your landlord and potential rent increases. Homeownership offers a stable living environment, and you have control over your property. You can make improvements, personalize your space, and enjoy the peace of mind that comes with owning a place you can call your own.

Tax Benefits:
Homeownership comes with several tax benefits, including deductions on mortgage interest and property taxes. These tax advantages can significantly reduce your overall financial burden, making homeownership more affordable in the long run. Waiting for lower interest rates may not outweigh the potential tax savings you could be missing out on.

In conclusion, while waiting for interest rates to drop might seem like a reasonable strategy, it’s important to consider the broader picture. The housing market is dynamic, and there are various factors at play. Instead of delaying your homeownership dreams, focus on your financial readiness and the long-term benefits that come with owning a home. Getting out of renting should be your number one priority, as it can lead to financial stability, security, and the opportunity to build wealth through property appreciation. Don’t let fluctuating interest rates hold you back from achieving your homeownership goals.

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″]