Knowledge Base

Knowledge Base

  • Condos in Orlando: know before you buy

    by: Prime Asset Investments

    As in any property market deciding on the right home to buy in Orlando is often more complex than people might think. As an investor, there are a myriad of considerations to be made, including your financing options and, perhaps more importantly, your propensity for risk versus return. Here we examine the pros and cons of a condo investment in Orlando...

    13th October, 2015Continue reading
  • The participants in the house buying process in Orlando

    by: Prime Asset Investments

    Wherever or whenever you're investing, achieving success as a property investor is all about doing your homework and understanding all the various processes involved. One of the first steps towards owning a home in Orlando is to familiarise yourself with the different participants who will commonly take part in the home buying process...

    13th October, 2015Continue reading
  • Making an offer on a property in Orlando: a step-by-step guide

    by: Prime Asset Investments

    Making an offer on a property is usually a relatively swift and straightforward process in the United States. The entire timeline, from identifying an investment property to receiving the keys to your new home, will usually take between 30 and 60 days. Here we outline the main steps in the home buying process in Orlando...

    13th October, 2015Continue reading
  • The sales and purchase contract in Orlando: know before you buy

    by: Prime Asset Investments

    In Florida, and, specifically Orlando, one of the first documents a real estate broker presents to prospective homebuyers is a contract called the sales and purchase agreement, or SPA. Among other things, the SPA mandates the day when the homebuyer will take possession of their Orlando home. It will also normally stipulate the type of financing the buyer has in place for purchasing the home...

    13th October, 2015Continue reading
  • Understanding the mortgage market in Orlando

    by: Prime Asset Investments

    As is the case in most other industrialised countries, the US mortgage market has been in a state of flux over the past few years. The market enjoyed a historical boom In the run-up to the American property crash of 2008, with lending activity reaching an all-time high in many parts of the country. However, the industry's subsequent implosion quickly took the wind out of the sails of the mortgage market, and it has taken several years for mortgage lending activity in the United States to start to find its way back to historical norms...

    13th October, 2015Continue reading
  • The types of mortgages in Orlando: know before you buy

    by: Prime Asset Investments

    A mortgage creates a property investment lien that allows buyers to purchase housing without having to pay full value for the property at the time of signing the contract. The buyer of the property places the property itself as security for the lender providing the loan financing for buying the home. Homebuyers in United States have the luxury of having several different types of mortgages to choose from. Here is an overview of some of the more common options available and what they involve...

    13th October, 2015Continue reading
  • Why buy property as an investment in Orlando?

    by: Prime Asset Investments

    Having lost more than 50% of their value, real estate prices in the state have generally been slower to recover than those in other parts of the country as high levels of supply have weighed on valuations. As the focal point of Florida's tourism industry, Orlando has borne the brunt of the state's housing market downturn. The tide is turning, however. With the wider US economy increasingly in rude health, Orlando has experienced one of the highest rates of job growth of any major Metropolitan Statistical Area. Unemployment in the city has been sliced in half during the past four years, falling to just over 5% in late 2015...

    12th October, 2015Continue reading
  • Single family homes in Orlando: know before you buy

    by: Prime Asset Investments

    Among the biggest decisions to be made in the first instance is the type of real estate product you should invest in. Condominiums (or condos), single family homes and multifamily dwellings are traditionally three of the more popular vehicles for property investors in Orlando...

    1st January, 1970Continue reading

Recent Posts

Featured Posts

  • product HOUSING MARKET CONTINUES GRADUAL CLIMB BACK TO NORMAL IN USA

    According to the NAHB/First American Leading Markets Index, markets in 146 of the approximately 340 metro U.S. areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the second quarter of 2016. This represents a year-over-year net gain of 66 markets.

    9th August, 2016
  • product ZIKA VIRUS MAY AFFECT PROPERTY VALUES IN PARTS OF MIAMI

    Miami's trendy Wynwood neighborhood, which experienced a huge boom in property values over recent years, now faces a tremendous amount of fear and uncertainty as a result of the arrival of the mosquito-borne Zika virus says Barry Sharpe, who heads Miami-based Property Tax Appeal Group.

    9th August, 2016
  • product NEW HOME SALES IN U.S. REACH HIGHEST LEVELS SINCE 2008 MARKET CRASH

    According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in the U.S. rose 3.5 percent in June 2016 from an upwardly revised May 2016 reading to a seasonally adjusted annual rate of 592,000 units. New home sales are up 9.3 percent in the second quarter of 2016 from the first quarter.

    28th July, 2016