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To: ExpatCanuck
My advise, sign up here, and ask this question again. Also look through the hundreds of posted replies to the question there. http://www.city-data.com/forum/florida/

2nd, if you got school age kids, try to get into the Winter Park area, has the better public schools, is also a safe area for the most part.

If working in Maitland, save yourself the headaches and stay to the east of Rte 4 and North of 408. Winter Park, Baldwin Park, Interlachen Lake areas are really nice. Seeing that you are paying 10k a year in property tax, you can get into the more established “posh” (relative term) areas w/o a problem. But I only know the area in Winter Park, I haven't spent much time in Maitland, Longwood, and Casselberr.y

Orange County/Orlando Metroplex has the 2nd highest level of foreclosures (# of housing in foreclousre/total housing units) in the country, but mostly at properties at lower value than what you’ll be looking for. BUT, there are some insane deals on pre-foreclosures and foreclosures in the area. Also realize that no matter when you buy within the next 6 months, you could have saved 3% to 5% by waiting another month. The market is in freefall.

Make sure you have property insurance policy in place BEFORE you sit down to closing. That means give yourself at least 3 weeks before closing to search for a carrier. Incredibly vital, it’s been a deal breaker for over a year there.

IF you need a real estate agent, freepmail me, my family has a broker we trust who works that area.

But seriously consider paying to join one of the foreclosure property listing services, and/or going to Florida banks and asking for their list of bank repossessed properties, the market has 9 months of foreclosed property backlog inventory, and then you got 2 months of pre-foreclosure inventory, then regular market, then those who gave up on selling and just have empty houses sitting there.

16 posted on 07/14/2007 8:29:25 AM PDT by JerseyHighlander
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To: JerseyHighlander

“but mostly at properties at lower value than what you’ll be looking for” This interests me. Could you elaborate on how it is lower value homes facing foreclosure. I have been arguing that liberal use of condemnation and buldozers is one way out of housing slump.


20 posted on 07/14/2007 8:47:30 AM PDT by ClaireSolt (Have you have gotten mixed up in a mish-masher?)
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