Bardell Real Estate Logo
Online Closings are here!

Online Closings are here!

Online Closings are here!

Online Closings benefits Online Closings are here! Learn about digital closings and how to get your practice ready. Real estate closings will change over the next 2-3 years and move in the direction of less paper and more technology. Lenders are recognizing the efficiency and cost savings associated with processing loans digitally. Consumers are getting much more comfortable conducting business digitally. Our state has joined the movement by authorizing Remote Online Notarization (RON) effective Jan. 1, 2020. Creating a better closing experience while reducing risks for all parties. But this transformation must be carefully managed to avoid a negative impact on land ownership records and the mortgage finance engine driving our nation’s economy and personal wealth. Title companies are developing innovative and secure ways to improve the closing experience for our customers.

 

What is RON?

It is an acronym for remote online notarization. RON is the means used to electronically notarize a document using a third-party (i.e. vendor) software platform which records the visual and audio communications of participants to the signing of a document even when the participants are not physically located in the same place. The practice was authorized in Florida on Jan. 1, 2020.

 

How does RON differ from “electronic notarization”?

Electronic notarization, first authorized in Florida in 2007, allows for the notarization of electronic documents by a notary public using an electronic signature and applying an electronic seal. Unlike RON, the principal must be in the same location as the notary public, the computer or other electronic device need not be connected to the internet, and there is no requirement that the notarization procedure be recorded. Also, unlike RON, the notary need not maintain an activity journal and identity is confirmed by the notary through personal knowledge or presentation of a valid form of identification. Electronic notarization is governed by Sec. 117.021, F.

May the signatures of foreign nationals be notarized remotely or is it only available to U.S. citizens?

Although the RON law allows for the notarization of foreign nationals,  All signers must present a form of identification subject to verification. 

Do I need to obtain lender approval if the borrower wishes to sign the loan documents remotely via RON?

Check the written loan closing instructions and contact the lender for approval to close digitally and utilize RON.
 

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″]

115 ROGUES RETREAT #22303 – JUST SOLD!

115 ROGUES RETREAT #22303 – JUST SOLD!

115 Rogues Retreat #22303, Davenport, FL

Just Sold

$ Click for current price
3 BEDROOMS | 1227 SqFt

115 Rogues Retreat #22303 – Sold! Always dreamed of owning your own piece of heaven but thought it was just a dream.  You will be pleasantly surprised that this beautiful fully furnished condo could be a reality.  Caribbean styling just minutes from Disney in one of the area’s most desirable condo resort. This well designed 3 bed, 2 bath condo is a must see!  Located on the top floor, you can enjoy the peace and tranquility of the picturesque views behind you from your own screened in balcony.   The strategically planted trees offer lots of privacy for the home owner and their guests.  Ideally situated across from Tradewinds Restaurant, lake front community pool and recreational area.  What a great location! From the guard gated entrance to the impressive clubhouse, this community has something for everyone. An onsite restaurant, walking trails, tennis courts, four community pools, Tikki bars, fitness center, and even a beach with views onto Lake Davenport. On-site management takes care of the property, making it a real turnkey operation115 ROGUES RETREAT #22303 – JUST SOLD!. This home is truly Florida living at its best!

 

111 BALMORAL CT JUST SOLD

111 BALMORAL CT JUST SOLD

111 Balmoral Ct, Davenport, FL

Just Sold

$ Click for current price
5 BEDROOMS | 2501 SqFt

 

2111 BALMORAL CT JUST SOLD Ashley Manor located on Ronald Reagan Pkwy with access to ChampionsGate, great schools and medical facilities. 5 bed 4.5 bath spacious Accommodation offers over 2500 sq. ft of living area comprising an open floorplan downstairs with a large living area; dining & kitchen; master bedroom and bath with garden tub, separate shower, dual sinks & his ‘n’ her closets; plus indoor laundry and additional half bath. The second floor offers a second master bedroom plus 3 more spacious bedrooms and 2 further bathrooms. There is also the benefit of an open loft area – ideal for a play room, open office, media area…..whatever best suits your needs. Outside there is a covered lanai overlooking the pool and spa which enjoys a view of an open green area with pond beyond. The home would make a beautiful family home, investment or vacation property. 2111 BALMORAL CT JUST SOLD!!!

 

 
Home-selling “tips” you should ignore

Home-selling “tips” you should ignore

Home-selling “tips” you should ignore

One of the hardest parts of selling your home is all the unknowns: Who will buy your place, and for how much? How long will it take? That uncertainty might make you particularly eager to soak up advice from just about anyone who’s willing to share. Problem is, just because your sister or co-worker swear by certain rules that worked for them, it doesn’t mean they’ll be a magic solution for you, too.

Fact is, a lot of the real estate advice circulating out there is outdated, region-specific, or just plain wrong. As proof, check out this list of tips that many home sellers hear … then learn how these words of wisdom don’t always hold water. Let this serve as a reminder that when selling a home, you should take everything you hear with a huge grain of salt.

 

 

‘You should always list your home in the spring’

Common knowledge says home-buying season starts in the spring and goes through the fall. Not true, says Melisa Aponte, a real estate agent with the Keyes Group in Miami, FL.

“January is a great listing month,” she points out. “People are back from the holidays and ready to start looking.”

Well, at least in places that don’t have a nasty winter, like Miami. Which makes a larger point about real estate advice in general, Aponte says: Every market is different, and what’s great advice in one area can be terrible advice in another.

Besides, when it comes to deciding when to list a home, there are two sides to the coin. Busier times mean more buyers, but also more sellers and more competition. Listing your home when inventory is low could snag the right buyer quickly. Life is unpredictable, and there will always be buyers looking in the “off season,” too.

‘You’ll find your buyer at an open house’

Open houses are exciting, akin to a debutante ball where your home makes its fresh-faced appearance to scads of suitors all at once. And that’s fine, but don’t expect this to be the venue where you find “the one” who makes an offer. While that can occur, open houses are more like parties, filled with swains who aren’t ready to settle down, says Anita Clark, a real estate agent in Warner Robins, GA. Serious home buyers will more often request a private one-on-one showing instead.

Of course, you don’t want to skip the open house entirely. It’s a great way for people to browse, and hey, you never know. Maybe your looky-loo neighbor has a family member who would love to buy your place after all. But it’s time to let go of the idea that an open house is a key step on the road to your ultimate buyer.

‘You can save money by paying less in commission’

Reluctant to fork over the 6% commission that real estate agents typically request to sell your home? Sure, that may seem like a lot of money, but what you might not realize is just how much work an agent does behind the scenes.

“A lot of people don’t understand that an agent’s job is more than just listing the home on the MLS,” says Aponte. Agents’ commissions pay for their time and for marketing materials. Posters, flyers, broker open houses, and yard signs all come from the money you pay your agent.

But beyond that, “it gives your agent the power to offer money to other agents who have qualified buyers,” she explains. That’s because the buyer’s agent and the seller’s agent split the commission.

Though in an ideal world, buyers’ agents would show them every property in their price range, regardless of commission, unfortunately it doesn’t always work that way, says Aponte.

“So if there are a lot of properties on the market and you’re only offering 2% commission, there are agents who won’t show that property,” she says.

Ultimately, you get what you pay for, and a higher commission can often justify itself in the sense that you can reel in tons of buyers, and (hopefully) spark a bidding war that’ll fetch top dollar.

‘Price your home high—and hold out for a buyer who’ll pay it’

Of course you want to get the most you can for your property. Still, pricing it sky-high and hoping a gullible buyer will fall for this aspirational sum? Not a great plan.

“I want to sell your property for a million dollars too, but I would be doing you a disservice to price it that way if the comps are saying $500,000,” says Aponte. Home buyers are highly sensitive to overpaying, and will quickly steer clear. And the longer your house sits on the market, the more buyers will begin to think something’s wrong with it … and lob you a lowball offer.

The best way to avoid this debacle is to price a house right from the start—not too high, not too low—and then seriously consider any offers that roll in, even if they aren’t as great as you’d hoped. To start things off, you can enter your address in a home value estimator to get a ballpark figure of how much your home is worth, then fine-tune that number with an agent’s help.

‘Here’s what the market is going to look like next year…’

Sure, it makes sense that real estate professionals will make educated guesses to help guide buyers’ and sellers’ decision-making. The operative word here is “educated.” Fact is, nobody really knows what the market is going to do; if they did, the housing crash of 2008 would have looked a lot different!

“Beware of ‘future’ predictions that don’t come from a reputable source,” says Dillar Schwartz, a real estate agent in Austin, TX. Sure, your brother-in-law or best friend might be trying to help, but keep in mind that their armchair philosophizing about the future of real estate is just an opinion—nothing more.

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″]

10 Best ROI Home Improvements

10 Best ROI Home Improvements

Whether or not you are planning to sell your property in the near future, or you just want to enjoy a few simple upgrades, there are a number of efficient ways to improve your home improvement ROI (return on investment). It is important to note however, that not all home improvements are created equal. While transforming a bathroom into a spa-like space may sound appealing, the cost may not pay for itself when it comes time to sell. Replacing gutters or fixing a leaky roof, on the other hand, is more likely to increase a home’s value (despite not sounding quite as luxurious).

As housing prices continue to increase, now is the perfect time to invest in your home’s infrastructure. Prioritizing home improvement ROI could increase your home’s value even more so, which begs the question: how can homeowners be sure their home improvements are worth the investment?

 

Best Return On Investment Home Improvements

  1. Minor Bathroom Remodel: Returns an average of 102%

  2. Landscaping: Returns an average of 100%

  3. Minor Kitchen Remodel: Returns an average of 98.5%

  4. Attic Bedroom Conversion: Returns an average of 93.5%

  5. Major Bathroom Remodel: Returns an average of 93.2%

  6. Major Kitchen Remodel: Returns an average of 91%

  7. Entry Door Replacement: Returns an average of 90.7%

  8. Deck/Patio/Porch Addition: Returns an average of 90.3%

  9. Basement Remodel: Returns an average of 90.1%

  10. Replace Windows: Returns an average of 89.6%

 

If you plan to live in your home for five or more years, you should feel free to make upgrades that fit your preferences and lifestyle; however, if you want to turn a profit when you sell, try increasing your home improvement ROI. The best return on investment home improvements have developed a reputation for simultaneously improving demand and value. Therefore, homeowners can’t simply make any upgrades they want; they need to make the right upgrades. The highest ROI home improvements will prove more efficient and worthwhile than all others.

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″]