Carey Light

North Shore at Lake Hart Fixer Upper- Great Opportunity!

careylight — Mon, 14 May 2012 18:51:26 +0000

Twilight Open House in North Shore at Lake Hart, Lake Nona Area

OPEN HOUSE TUESDAY, MAY 15, 5:00-6:30

BACK ON THE MARKET!

WATERVIEW HOME IN NORTH SHORE AT LAKE HART- THIS IS A FIXER UPPER! STOP BY
OUR OPEN HOUSE TUESDAY EVENING TO LEARN HOW YOU MIGHT PURCHASE THIS PROPERTY FOR
AS LITTLE AS 3.5% DOWN USING THE FHA 203K RENOVATION LOAN…THE LIGHT TEAM WILL
HAVE AN EXPERT ON HAND TO ANSWER YOUR QUESTIONS ABOUT THIS FANTASTIC
OPPORTUNITY!

9615 PACIFIC PINES, ORLANDO, FL. 32832

WATERVIEW
LAKE NONA SCHOOLS
NEARLY 3000 SQFT OF LIVING SPACE
CUL DE SAC LOCATION
GATED COMMUNITY WITH POOL, FITNESS, TENNIS, PARKS AND DOCK TO LAKE HART!!

CALL OR TEXT CAREY LIGHT, KELLER WILLIAMS REALTY FOR GATE ACCESS.

This open house is being promoted as just one of the many services the hard working team of Jim and Carey Light routinely provides to their clients. Do you know someone thinking of selling their home in the Lake Nona area? Call the Light Team at Keller Williams to get the best service and the RESULTS to exceed your expectations and meet your goals.

Jim and Carey Light

The Light Team

Keller Williams Realty, Lake Nona

Carey 321.297.4330

Carey@LightTeamRealty.com

Jim 321.418.5512

Jim@LightTeamRealty.com

To search Lake Nona area homes, please visit our website at
www.LightTeamRealty.com Call Jim (321-418-5513) or Carey at (321-297-4330)
or email us for a complete list of the best deals in East Orlando, Narcoossee,
Lake Nona and Moss Park!

North Shore at Lake Hart Neighbor Sneak Peek Event

careylight — Mon, 16 Apr 2012 18:35:18 +0000

New Listing in North Shore at Lake Hart!

EXCLUSIVE NEIGHBOR SNEEK PEAK FOR NORTH SHORE RESIDENTS!

Residents of North Shore at Lake Hart are invited to our exclusive Neighbor “Sneak Peek” this Friday, April 20, 2012 from 5:00-7:00pm. Know someone wanting to buy or invest in Lake Nona? This is your opportunity to take a look at this lovely home before it hits the open market. Stop by for refreshments, tour the home or just to meet Jim and Carey…we’d love to see you there!

To search Lake Nona area homes, please visit our website at www.LightTeamRealty.com Call Jim (321-418-5513) or Carey at (321-297-4330) or email us for a complete list of the best deals in East Orlando, Narcoossee, Lake Nona and Moss Park!

careylight — Mon, 02 Apr 2012 15:10:37 +0000

Lake Nona Commercial Development – First Quarter 2012

Lake Nona, known for its community feel and visionary thinking, is continuing to see those ideas emerging in the commercial real estate market. Medical City continues to lead the way the Sanford-Burnham Medical Institute, UCF College of Medicine and the Burnett Biomedical Sciences Building already opened and the Veterans Affairs Medical Center, Nemour’s Children’s Hospital and The University of Florida Research and Academic Center all scheduled to be operational later this year.

Lake Nona Middle School opened in the fall of 2011 with rave reviews and Valencia College’s Lake Nona campus is rapidly progressing and is scheduled to be ready for the fall of 2012 classes. It’s safe to say the academic infrastructure from elementary school through post-graduate education creates a strong foundation for the health of our community and the opportunities will be plentiful for those who live here.

With such a large community, regional and national vision it is easy to understand why The Light Team at Keller Williams Realty continues to receive inquiries about commercial real estate in the Lake Nona market. Medical office space, retail, child care, restaurants and other support services continue to lead the charge as entrepreneurs are positioning to take advantage of the growth that is approaching fast. All of this development will undoubtedly lead to big box retail and entertainment opportunities as there will quickly be demand for these services. There is no doubt Lake Nona is on everyone’s commercial map.

If you have questions about available commercial space please email Jim@LightTeamRealty.com to discuss the growing opportunity within the Lake Nona community.

To search Lake Nona area homes or commercial real estate opportunities, please visit our website at www.LightTeamRealty.com Call Jim (321-418-5513) or Carey at (321-297-4330) or email us for a complete list of the best deals in East Orlando, Narcoossee, Lake Nona and Moss Park!

Short Sale! 3-Bedroom, 2-bath Pool Home in Altamonte Springs

careylight — Fri, 02 Mar 2012 22:59:42 +0000

This 3-bedroom, 2-bath pool home is conveniently located near State Road 436 and Interstate 3 and the Altamonte Mall in Seminole County. The home has a newer kitchen with updated appliances. The A/C and roof are also newer. Please contact Carey Light at 321.297.4330 for a private showing. Listed at $110,000

Beautiful Pool Home in Eastwood, East Orlando

careylight — Wed, 29 Feb 2012 20:01:47 +0000

New Listing! Single Family Home, 4 bedroom/3.5 bathroom, 3,303sf in Orlando!

careylight — Wed, 08 Feb 2012 20:15:57 +0000

Click the link to view.

http://www.postlets.com/repb/7019283

Short Sale! Agent has CDPE and experienced with short sales. Gorgeous large home with TWO MASTER SUITES! Lots of living space in this home with one master down and another master suite upstairs with enormous bonus room. Fantastic two story space in the living and dining area with two way staircase from both the family room and foyer. Beautiful kitchen with gleaming cabinetry, tons of storage and plenty of bar seating for casual dining. Cozy breakfast nook is framed by a bay window with a water view. Lovely screened lanai overlooks spacious lawn…nearly 1/4 acre. This home sits on a small cul de sac with little traffic. List Price may not be sufficient to pay the total of all liens and costs of sale and the sale of property at full listing price may require approval of sellers’ lender(s).

Live on the Golf Course in North Shore at Lake Hart, Lake Nona! Bargain Priced!

careylight — Sat, 26 Nov 2011 22:17:59 +0000

Golf Front Home in North Shore at Lake Hart, Lake Nona Area!

This is a short sale in North Shore at Lake Hart, on the golf course in fabulous Lake Nona! Four bedrooms, 2 baths and extended screened patio overlooking North Shore’s beautiful golf course…watch the sunset! Short sale file is complete, just waiting on a contract. Call today for a private showing of this home!

You’ve heard about the Lake Nona Medical City…opportunities to purchase under $200,000 are very limited now as the market continues to gain steam and prices are inching upward. Wonderful schools include Moss Park Elementary, Lake Nona Middle School and Lake Nona High School.

North Shore at Lake Hart is a beautiful gated golf course community on the shores of shimmering Lake Hart. Convenient to the Orlando International Airport, the beaches, Disney and downtown Orlando.

9804 Palmetto Dunes Ct., Orlando, FL. 32832

http://www.postlets.com/repb/6647429

To search Lake Nona area homes, please visit our website at www.LightTeamRealty.com Call Jim (321-418-5513) or Carey at (321-297-4330) or email us for a complete list of the best deals in East Orlando, Narcoossee, Lake Nona and Moss Park!

Short Sale is the Better Option

careylight — Tue, 15 Nov 2011 13:47:48 +0000

Short Sale vs. Foreclosure

ISSUE

FORECLOSURE

SUCCESSFUL SHORT SALE

Future Fannie Mae Loan

(Primary Residence)

A homeowner who loses a home to foreclosure is ineligible for a Fannie Mae-backed mortgage for a period up to 7 years with some exceptions based on extenuating circumstances. See: efanniemae.com

A homeowner who successfully negotiates and closes a short sale will be eligible for a Fannie Mae-backed mortgage within 2 years (see page 2 for LTV ratios).

Future Fannie Mae Loan

(Non Primary)

An investor who loses a home to foreclosure is ineligible for a Fannie Mae backed mortgage for a period up to 7 years with some exceptions based on extenuating circumstances. See: efanniemae.com

An investor who successfully negotiates and closes a short sale will be eligible for a Fannie Mae-backed investment mortgage within 2 years (see page two for LTV ratios).

Future Loan with any

Mortgage Company

On any future 1003 application, a prospective borrower will have to answer YES to question C in Section VIII of the standard 1003 that asks “Have you had property foreclosed upon or given title or deed-in-lieu thereof in the last 7 years?” This will affect future rates.

There is no similar declaration or question regarding a short sale.

FHA – If current at the close of short sale, a homeowner may apply for an FHA loan immediately. If homeowner is late before close of short sale closing, will be eligible for FHA loan after 3 years.

Credit Score

Score may be lowered anywhere from 250 to over 300 points. Typically will affect score for over 3 years.

Only late payments on mortgage will show, and after sale, mortgage is normally reported as “paid as agreed,” “paid as negotiated,” or “settled.” This can lower the score as little as 50 points if all other payments are being made. A short sale’s effect can be as brief as 12 to 18 months.

Credit History

Foreclosure will remain as a public record on a person’s credit history for 7 years or more.

A short sale is not reported on a persons credit history. There is no specific reporting item for “short sale.” In most cases a loan is typically reported “paid in full, settled” or “paid as negotiated.”

Security Clearances

Foreclosure is the most challenging issue against a security clearance outside of a conviction of a serious misdemeanor or felony. If a client has a foreclosure and is a police or security officer, in the military, in the CIA, or any other position that requires a security clearance in almost all cases clearance will be revoked and position will be terminated.

On its own, a short sale does not challenge most security clearances.

Current Employment

Employers have the right and are actively checking the credit regularly of all employees who are in sensitive positions. A foreclosure in many cases is ground for immediate reassignment or termination.

A short sale is not reported on a credit report and is therefore not a challenge to employment.

Future Employment

Many employers are requiring credit checks on all job applicants. A foreclosure is one of the most detrimental credit items an applicant can have and in most cases will challenge employment.

A short sale is not reported on a credit report and is therefore not a challenge to employment.

Deficiency Judgment

In 100% of foreclosures (except in those states where there is no deficiency) the bank has the right to pursue a deficiency judgment.

In some successful short sales it is possible to convince the lender to give up the right to pursuit a deficiency judgment against the homeowner.

Deficiency Judgment

(amount)

In a foreclosure the home will have to go through an REO process if it does not sell at auction. In most cases this will result in a lower sales price and longer time to sale in a declining market. This will result in a higher possible deficiency judgment.

In a properly managed short sale the home is sold at a price that should be close to market value and in almost all cases will be better than an REO sale resulting in a lower deficiency

CDPE 2011

If you are struggling to make your payments under the load of other debts or loss of income, consider selling your home as a short sale rather than let it go to foreclosure. The chart above from the Certified Distressed Property Institute, outlines the short sale alternative verses foreclosure and how both options may affect you. If you have questions about listing your home as a short sale, we are here to help. We have successfully helped many families get out from under the burden of mortgage debt higher than the current market value on their home. Please give us a call….we sincerely care and have the resources and experience to help.

To search Lake Nona area homes, please visit our website at www.LightTeamRealty.com Call Jim (321-418-5513) or Carey at (321-297-4330) or email us for a complete list of the best deals in East Orlando, Narcoossee, Lake Nona and Moss Park!

Luxury Lake Nona Homes

careylight — Mon, 14 Nov 2011 00:17:08 +0000

LAKE NONA’S MOST EXCLUSIVE LUXURY HOMES FOR SALE!=== (Lake Nona, FL)

Lake Nona offers exclusive luxury within minutes of Medical City. Amazing homes, amazing deals! Contact Carey or Jim to schedule an appointment today!VIEW LAKE NONA’S MOST EXCLUSIVE LUXURY HOMES

Location: Lake Nona, FL

Lake Nona Golf Front, Lake Nona Lake Front or Wooded Views…Now is the time to capitalize on rock bottom prices. The home you have dreamed of…in the fantastic Lake Nona High School District and minutes from OIA and Lake Nona’s Medical City! Call The Light Team at Keller Williams Realty Lake Nona, we are your Lake Nona Community Specialists!

Fast selling Lake Nona Properties

careylight — Mon, 14 Nov 2011 00:03:10 +0000

LAKE NONA’S FASTEST SELLING HOMES!=== (Lake Nona, FL)

These homes are the most desirable and fastest selling homes in Lake Nona near Medical City! Low interest rates and great prices make this the right time for you to purchase. Contact Carey or Jim today to schedule an appointment!

VIEW LAKE FASTEST SELLING HOMES

Location: Lake Nona, FL