Orlando Real Estate Armando's Blog

The Long Story on Short Sales Everyone likes a story with a happy ending: Boy meets girl, they fall in love, get married and live happily ever after. The story is a little longer if boy and girl try to buy a short sale house and then live happily ever after. That story is not as simple. Patience ...

May your hair, your teeth, your face-lift, your abs, and your stocks not fall.May your blood pressure, your triglycerides, your cholesterol, your white blood count and your mortgage interest rate not rise.May you get a clean bill of health from your dentist, your cardiologist, your  gastroenterol...

We all carry our mobile phones with names & numbers stored in its memory but nobody, other than ourselves, knows which of these numbers belong to our closest family or friends.If we were to be involved in an accident or were taken ill, the people attending us would have our mobile phone but would...

No one believes seniors . . . everyone  thinks they're senile.   An Elderly couple was celebrating their sixtieth anniversary. The couple had married as childhood sweethearts and  had moved back to their old neighborhood after they retired.  Holding hands they walked back to their  old school. It...

We can't forget the men and women who sacrificed so that the rest of us may enjoy the rights and freedoms we cherish so dearly!The oldest known living U.S. veteran of World War I, J. Russell Coffey a retired teacher, one of only three U.S. veterans still alive from the "war to end all wars," died...

As reported today home prices dropped 6.7 % in October for the 10th time in as many months. That's the largest drop since the beginning of '91. They said that Miami led the list lower with a 12% drop. I don't know what the figures are for Orlando, Fl.It doesn't look too rosey out there, no matter...

The recent collapse of online bank NetBank has left a lot of people nervous. It is the biggest bank failure since the early 1990s. While the cost to taxpayers is unknownr, the FDIC should cover everything. When this type of thing happens the federal regulators walk in, they try to package the ban...

Last week the Federal Reserve lowered interest rates for the third straight meeting of the FOMC. What does this mean? Well, if you're looking to capture the best home loan rates, you need to act now. For those with an application already in process, you should probably lock your rate as soon as p...

The next time you hear a politician use the word 'billion' in a casual manner, think about whether you want the 'politicians' spending YOUR tax money.A billion is a difficult number to comprehend, but one advertising agency did a good job of putting that figure into some perspective in one of its...

The Federal reserve is jumping into the sub-prime fray with programs that might rival what Pres Bush and congress are working on. The Federal Reserve is expected to ban pre-payment penalties, low -doc loans, Alt-A loans and loans that do not collect for the pre-payment of property taxes and insur...