Financing tips for buyers of Ormond By The Sea Florida homes and condos
This information is taken from the buyers resources page of the Ocean View Realty Group web site http://www.ovrealty.com/buyers__resources.html
A few hints for buyers who need to finance a real estate purchase.
- Obtain a recent credit report and review it with a mortgage specialist.
There may be ways to raise your score prior to applying for a loan.
-Increase the down payment. Since risk-averse lenders are avoiding conventional 95 to 100 percent mortgages, an applicant who can make a 10 to 20 percent down payment is much more likely to be approved.
-Be prepared to verify income and assets. It’s far more difficult to obtain “no-documentation” or “low-doc”
loans today because of stricter underwriting standards.
-Apply for a government-guaranteed loan from the Federal Housing Administration (FHA) or U.S. Department of Veterans Affairs (VA). These loans can finance up to 100 percent of the purchase price.
-Shop around for rate quotes from banks and mortgage companies and get a pre-approval letter indicating the amount of mortgage financing you qualified for.
Now for a few things to avoid while getting ready to apply for a home loan
(or even after you apply but before the loan is closed).
1. Do not change jobs, become self-employed or quit your job.
2. Do not buy a car, truck or van (or you may be living in it)!
3. Do not use charge cards excessively or let your accounts fall behind.
4. Do not spend money you have set aside for closing.
5. Do not omit debts or liabilities from your loan application.
6. Do not buy furniture especially if it needs to be financed.
7. Do not originate any inquiries into your credit.
8. Do not make large deposits without first checking with your loan officer.
9. Do not change bank accounts.
10. Do not co-sign a loan for anyone.
For information about Ormond Beach and Ormond By The Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/.
Sunday, February 28, 2010
Thursday, February 25, 2010
What is a condo?
So what is a condo anyway??
Condo is simply a short name for condominium and is often used to describe an individual unit as well as the complex.
A condominium is individual ownership of a unit in a multiunit project that also includes undivided ownership of common areas such as grounds, parking lot, pool, etc. The project itself is generally similar to an apartment building except that each unit is individually owned. Condominium units may be occupied by full time residents, second homes used at various times throughout the year by family & friends of the owner, and/or available for rent.
Condominium Associations
Each condominium is run by an association which is made up of the unit owners. The association is a not for profit corporation with responsibility for maintaining the common elements of the condo including the building exterior. Unit owners are members of the corporation and they elect a volunteer board of Directors from their membership to run the day to day operations and maintenance of the building and grounds. Every unit in the complex has one vote in matters requiring a vote of the membership.
Each condo has By-Laws and Rules & Regulations governing use of the property & various restrictions such as on pets or rentals. Governing documents are recorded in the public records when a condominium is created and dictate how the association and the board of directors is made up, elected, the annual meeting and other corporate matters. Condominiums are a product of quality design and a sensitivity to the needs of residents.
For information about Ormond Beach and Ormond By The Sea Florida homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/.
Condo is simply a short name for condominium and is often used to describe an individual unit as well as the complex.
A condominium is individual ownership of a unit in a multiunit project that also includes undivided ownership of common areas such as grounds, parking lot, pool, etc. The project itself is generally similar to an apartment building except that each unit is individually owned. Condominium units may be occupied by full time residents, second homes used at various times throughout the year by family & friends of the owner, and/or available for rent.
Condominium Associations
Each condominium is run by an association which is made up of the unit owners. The association is a not for profit corporation with responsibility for maintaining the common elements of the condo including the building exterior. Unit owners are members of the corporation and they elect a volunteer board of Directors from their membership to run the day to day operations and maintenance of the building and grounds. Every unit in the complex has one vote in matters requiring a vote of the membership.
Each condo has By-Laws and Rules & Regulations governing use of the property & various restrictions such as on pets or rentals. Governing documents are recorded in the public records when a condominium is created and dictate how the association and the board of directors is made up, elected, the annual meeting and other corporate matters. Condominiums are a product of quality design and a sensitivity to the needs of residents.
For information about Ormond Beach and Ormond By The Sea Florida homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/.
Wednesday, February 24, 2010
Mortgage Companies May Sue Walk-Away Borrowers
ATLANTA, Feb. 22—Homeowners who are considering "walking away" from their home to avoid making their mortgage payment need to know that their mortgage company may try to file a lawsuit to recover the amount owed on the home.
In addition, homeowners who sell their home for less than the amount they owe—a process called a "short sale"—may be sued for the unpaid balance, even after the sale of the home. Finally, homeowners with unpaid home equity loans or second mortgages may also face legal action if they "walk away" from an unpaid mortgage, or conclude a short sale.
"My advice is that no homeowner should ever simply walk away or turn in the keys without receiving a document that absolves them of all liability," said Frank Alexander, professor of law at Emory University School of Law and a member of the board of directors of Consumer Credit Counseling Service (CCCS) of Greater Atlanta.
"A borrower facing a foreclosure should assume that a post-foreclosure lawsuit is possible," said Alexander. "In addition, no homeowner should ever participate in a short sale without receiving a signed agreement clarifying that all outstanding debt has been forgiven. The same is true for all deed-in-lieu of foreclosure resolutions."
Before the current mortgage crisis, mortgage companies usually did not sue homeowners after foreclosure or short sales because many borrowers had little income and few remaining assets, according to Alexander.
But the increase in homeowners deciding to "walk away" from their homes means mortgage companies may file more lawsuits to try and recoup their losses. In addition, Alexander says that mortgage companies are often selling promissory notes for the amount owed on the mortgage, at steep discounts, to collection agencies. The collection agencies will likely pursue the former homeowner to collect the amount owed.
Because some borrowers who decide to walk away from their homes still have good incomes, Alexander predicts an increase in the number of lawsuits filed by mortgage companies to obtain garnishment of a homeowner's wages. "Garnishment actions are going to become quite common in late 2010 and throughout 2011 and 2012," he says.
If a homeowner involved in a foreclosure, a short sale, or deed-in-lieu of foreclosure has any questions about this issue, Alexander recommends that they hire an attorney to determine if their mortgage company has any basis for legal action.
Source: PRNewswire
In addition, homeowners who sell their home for less than the amount they owe—a process called a "short sale"—may be sued for the unpaid balance, even after the sale of the home. Finally, homeowners with unpaid home equity loans or second mortgages may also face legal action if they "walk away" from an unpaid mortgage, or conclude a short sale.
"My advice is that no homeowner should ever simply walk away or turn in the keys without receiving a document that absolves them of all liability," said Frank Alexander, professor of law at Emory University School of Law and a member of the board of directors of Consumer Credit Counseling Service (CCCS) of Greater Atlanta.
"A borrower facing a foreclosure should assume that a post-foreclosure lawsuit is possible," said Alexander. "In addition, no homeowner should ever participate in a short sale without receiving a signed agreement clarifying that all outstanding debt has been forgiven. The same is true for all deed-in-lieu of foreclosure resolutions."
Before the current mortgage crisis, mortgage companies usually did not sue homeowners after foreclosure or short sales because many borrowers had little income and few remaining assets, according to Alexander.
But the increase in homeowners deciding to "walk away" from their homes means mortgage companies may file more lawsuits to try and recoup their losses. In addition, Alexander says that mortgage companies are often selling promissory notes for the amount owed on the mortgage, at steep discounts, to collection agencies. The collection agencies will likely pursue the former homeowner to collect the amount owed.
Because some borrowers who decide to walk away from their homes still have good incomes, Alexander predicts an increase in the number of lawsuits filed by mortgage companies to obtain garnishment of a homeowner's wages. "Garnishment actions are going to become quite common in late 2010 and throughout 2011 and 2012," he says.
If a homeowner involved in a foreclosure, a short sale, or deed-in-lieu of foreclosure has any questions about this issue, Alexander recommends that they hire an attorney to determine if their mortgage company has any basis for legal action.
Source: PRNewswire
Sunday, February 21, 2010
Florida schools rank number 8 in the country
According to Education Week, the Pew foundation in a recent report ranks Florida schools 8th in the country overall of all states and the District of Columbia.
Pew's Center on the States (PCS) works to advance state policies that serve the public interest. PCS conducts credible research, brings together diverse perspectives, and analyzes states’ experiences to determine what works and what does not.
An independent nonprofit, Pew is the sole beneficiary of seven individual charitable funds established between 1948 and 1979 by two sons and two daughters of Sun Oil Company founder Joseph N. Pew and his wife, Mary Anderson Pew.
Read the report at http://www.edweek.org/media/ew/qc/2010/QualityCounts2010_PressRelease.pdf and see how your home state ranks.
Pew's Center on the States (PCS) works to advance state policies that serve the public interest. PCS conducts credible research, brings together diverse perspectives, and analyzes states’ experiences to determine what works and what does not.
An independent nonprofit, Pew is the sole beneficiary of seven individual charitable funds established between 1948 and 1979 by two sons and two daughters of Sun Oil Company founder Joseph N. Pew and his wife, Mary Anderson Pew.
Read the report at http://www.edweek.org/media/ew/qc/2010/QualityCounts2010_PressRelease.pdf and see how your home state ranks.
Saturday, February 20, 2010
Al Raymondi and Ocean View Realty Group on Activerain and Zillow
Al Raymondi and Ocean View Realty Group have a presence on the Active rain real estate network and on Zillow.com. Click on the badges below to review information and properties. For information about Ormond Beach and Ormond By The Sea Florida homes and condos for sale or rent, contact Ocean View Realty Group 386-441-8245 or visit our web site at http://www.ovrealty.com/.
Thursday, February 18, 2010
Ormond By The Sea Florida home sales
A widget from Zillow.com that is to show the most recent sales of homes in Ormond By The Sea Florida has been added to the side bar of the Ocean View Realty Group Blog. Hope it works well and gives you a good source for following the Ormond By The Sea Florida real estate market.
For information about homes and condos for sale or for rent in Ormond Beach Florida call Ocean View Realty Group at 386-441-8245 or visit our web site at http://www.ovrealty.com/
For information about homes and condos for sale or for rent in Ormond Beach Florida call Ocean View Realty Group at 386-441-8245 or visit our web site at http://www.ovrealty.com/
Wednesday, February 17, 2010
Price reduced $109,000-- Spring Garden Court Condo number 1650 for Sale in Holly Hill, Florida
Spring Garden Court Condo for sale in Holly Hill, Florida $109,000 Possible seller financing. This first floor 2 Bedroom 2 bath condo has inside washer and dryer and a rear patio. New living room and kitchen lighting fixtures. New stainless kitchen appliances. Ceramic tile and carpeted flooring. Great central location close to everything Daytona Beach has to offer. Small (29 units) gated condo complex with low maintenance fees. On site manager. Being sold as is inspections welcome. All measurements are approximate. Currently tenant occupied. Owner will consider financing with $5000 down at 2 points over prime. Bring all offers
Ocean View Realty Group
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For additional information about
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Tuesday, February 16, 2010
Sloppy Joe’s Restaurant opens in Daytona Beach, Florida
Sloppy Joe’s Restaurant is now open at the Ocean Walk Shoppes on Atlantic Avenue, near the Ocean Center in Daytona Beach, Florida. The Restaurant is about 9,500 square feet and seats 270 diners. The original Sloppy Joe’s is in Key West, Florida and the Daytona Beach operation is the third in Florida. Sloppy Joe’s Daytona Beach has a full menu of seafood, steak and chicken along with sandwiches and appetizers. View the menu at http://ow.ly/12PU4
Ocean View Realty Group
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Ocean View Realty Group
For additional information about
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Monday, February 15, 2010
A great time for baby booms to buy Ormond By The Sea, Florida real estate
Lower property values for Ormond By the Sea homes and condos make this a great time to buy. Baby Boomers looking to move south for retirement in a few years can buy now and be ready when their time comes, possibly renting in the meantime to help pay the expenses of ownership. Many owners of Ormond By the Sea, Florida homes and condos use their property occasionally as a vacation getaway when it is no rented, providing another benefit to buying now. Low interest rates provide anther incentive to taking the leap into purchasing an Ormond By The Sea, Florida home or condo now. Your mortgage payment could be $200 or more lower each month in your retirement years if you buy now rather than wait a few years when interest rates may be much higher.
If you need additional information about beautiful Ormond By the Sea, Florida visit the Ocean View Realty Group web site at www.ovrealty.com where you can also search the Daytona Beach Area MLS anonymously. Contact Ocean view Realty Group Realtors – Marion O’Connor, Rhonda Lehnen or Shonda Stebleton at (386) 441-8245 or ovforsale@aol.com for information about Ormond By the Sea, Florida homes and condos for sale and for rent.
Experience the fabulous Atlantic ocean Views available from many Ormond By the Sea, Florida condos, and get those ocean breezes from your private balcony every day after you move into your condo. Lock in today’s low values and watch the appreciation of you home or condo rise over the years. Now is a great time to buy Ormond By the Sea, Florida homes and condos.
For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.
If you need additional information about beautiful Ormond By the Sea, Florida visit the Ocean View Realty Group web site at www.ovrealty.com where you can also search the Daytona Beach Area MLS anonymously. Contact Ocean view Realty Group Realtors – Marion O’Connor, Rhonda Lehnen or Shonda Stebleton at (386) 441-8245 or ovforsale@aol.com for information about Ormond By the Sea, Florida homes and condos for sale and for rent.
Experience the fabulous Atlantic ocean Views available from many Ormond By the Sea, Florida condos, and get those ocean breezes from your private balcony every day after you move into your condo. Lock in today’s low values and watch the appreciation of you home or condo rise over the years. Now is a great time to buy Ormond By the Sea, Florida homes and condos.
For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.
Sunday, February 14, 2010
China Taste is coming soon to Ormond By The Sea, Florida
There is a coming soon sign at 1228 Ocean Shore Blvd. at the Ormond Mall for China Taste, a take out only Chinese restaurant. Chinese Taste will be a couple of doors down from the hairdresser toward the south end of the mall. We can only hope that the food is good and that they can stay in business longer than the Chinese Buffet that was at the north end of the mall a few years back.
Ocean View Realty Group
Ocean View Realty Group
For additional information about
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Saturday, February 13, 2010
136 Marlin Drive Short Sale in Ormond By The Sea, Florida
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Walk to the beach from this Ormond By The Sea, Florida 2 bedroom 2-bath ranch. FOR SALE $110,000 this is a short sale for 136 Marlin Drive. This family home features an oversized 2-car garage, split floor plan and a fenced back yard. Contact Rhonda Lehnen for additional information and your private showing. .jpg)
Ocean View Realty Group
For additional information about
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Friday, February 12, 2010
Haiti Relief Fund icon added to Ocean View Realty Group Blog
The January 12, 2010 earthquatke in Haiti was a devastating blow to the small country. Thousands of people lost their homes, business and lives and many are in dire need of just about everything you can think of. Ocean View Realty Group has posted an icon on the web log at http://ormondbytheseaproperties.blogspot.com/ that facilitates donations to the relief effort through the American Red Cross.
Thursday, February 11, 2010
42 Beechwood Dr. House for rent in Ormond By The Sea, Florida bu Ocean View Realty Group
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Ocean View Realty Group
For additional information about
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
January 2010 Ormond By The Sea, Florida home sales
Only one of the 7 January 2010 Ormond By The Sea, Florida homes that sold were bank owned or short sales. There are 35 additional homes under contract awaiting closing and almost 70% of those are forclosures or short sales. A short sale is when the lender accepts less than what is owed on the mortgage for a property. Last January (2009) there were 5 sales, and in January 2007 & 2008 there were 10 homes sold.
The homes sold in Ormond By The Sea, Florida in January 2010 range in price from a 2-bedroom 1-bath on Azalea Drive for $89,900 to a 4-bedroom on Sea Oats Terrace with a pool and ocean view for $450,000. The average sales price for the 7 sales was $178,743. The Sea Oats sale was a short sale and added $45,000 to the average sale price for the month.
For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.
The homes sold in Ormond By The Sea, Florida in January 2010 range in price from a 2-bedroom 1-bath on Azalea Drive for $89,900 to a 4-bedroom on Sea Oats Terrace with a pool and ocean view for $450,000. The average sales price for the 7 sales was $178,743. The Sea Oats sale was a short sale and added $45,000 to the average sale price for the month.
For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.
Wednesday, February 10, 2010
Ormondy C-4 Condo Price Just Reduced $249,900 in Ormond By The Sea, Florida
Ormondy condo Unit 4-C is on the 4th floor and is the southwest corner of the building. Southern exposure is a much sought-after feature of vacationers. You can work on your tan on your private balcony. This Ormond By The Sea rental condo features almost 1500 sq. ft. (see floor plan) of living area in 2 bedrooms and 2 baths. Watch the sun rise over the Atlantic Ocean from your private balcony. http://www.ormondycondo.com/
Ormondy Condo
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Sq Footage 1,484
Parking 1 Car garage
HOA/Maint $410 per month
Ormondy Condo
1513 Ocean Shore Blvd.
Ormond Beach, FL
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Sq Footage 1,484
Parking 1 Car garage
HOA/Maint $410 per month
Ocean View Realty Group
For additional information about
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Ormond Mall Publix Update
The Ormond Mall Publix in Ormond By The Sea, Florida is coming along nicely, in anticipation of an early March 2010 opening. The exterior of the building looks complete and half the parking lot has been refinished. In a quick peek inside, before I was evicted, I saw the check out stations in place and the freezer aisles all ready.
It looks like Ormond by the Sea, Florida will have a big beautiful new Publix store in about a month.
It looks like Ormond by the Sea, Florida will have a big beautiful new Publix store in about a month.
Tuesday, February 09, 2010
January 2010 Ormond By The Sea, Florida condos sold
January 2010 Ormond By The Sea, Florida condos sold
In January 2010 through the Daytona Beach area MLS there were 2 condos that sold in Ormond By The Sea, Florida. A 1-bedroom at Ocean Shores Condo sold for $50,000 and a 3-bedroom at Oceanaire sold for $250,000. Since 2006 there have been 4 or fewer sales every January. There were 13 sales in January, 2005. There are currently 7 Ormond By The Sea condos under contract awaiting closing. The Ocean Shores condo was a renovated 3rd floor unit that was on the market 91 days. The Oceanaire condo was a top floor unit with a large roof deck, storm shutters and a fireplace that was on the market for 327 days.
As an example of how values have droopped in recent years, the Oceanaire 3-bedroom that sold has one other just like it that sold in 2005 for $500,000 and again in 2006 for $400,000.
For information about Ormond By The Sea Florida homes and condos for sale and for rent visit the Ocean View Realty Group web site at http://www.ovrealty.com/
In January 2010 through the Daytona Beach area MLS there were 2 condos that sold in Ormond By The Sea, Florida. A 1-bedroom at Ocean Shores Condo sold for $50,000 and a 3-bedroom at Oceanaire sold for $250,000. Since 2006 there have been 4 or fewer sales every January. There were 13 sales in January, 2005. There are currently 7 Ormond By The Sea condos under contract awaiting closing. The Ocean Shores condo was a renovated 3rd floor unit that was on the market 91 days. The Oceanaire condo was a top floor unit with a large roof deck, storm shutters and a fireplace that was on the market for 327 days.
As an example of how values have droopped in recent years, the Oceanaire 3-bedroom that sold has one other just like it that sold in 2005 for $500,000 and again in 2006 for $400,000.
For information about Ormond By The Sea Florida homes and condos for sale and for rent visit the Ocean View Realty Group web site at http://www.ovrealty.com/
Monday, February 08, 2010
A Tiny Cruise Line closes in Daytona Beach, Florida
A Tiny Cruise Line specialized in sunset cruises with the city lights glimmering on the Halifax River and mid-day cruises to watch the dolphins and other river wildlife. They operated an 1800’s style fantail launch from Halifax Harbor in Daytona Beach, Florida at 501 South Beach St. A Tiny Cruise Line ceased operations after 18 years.
The business and the boat are for sale. For additional information contact owner Jim Linder at
(386) 226-2343
Sunday, February 07, 2010
Ormond By The Sea, Florida homes market watch, February 2010
Ormond By The Sea, Florida has 124 homes for sale through the Daytona Beach area MLS. An additional 35 homes are under contract awaiting closing and almost 70% of the 35 are short sales or forclosures. Asking prices of the 124 homes for sale range from $74,500 to $1.7 million. About half of the homes are priced under $200,000 and 10 are under $100,000. About 20% of the homes are 2-bedroom 1-bath and they are priced up to $230,000. Three bedroom homes with 2 baths account for 52 of those for sale and are priced from $75,000.
For information about Ormond By The Sea homes and condos for sale and for rent visit the Ocean View Realty Group web site at http://www.ovrealty.com/
For information about Ormond By The Sea homes and condos for sale and for rent visit the Ocean View Realty Group web site at http://www.ovrealty.com/
Saturday, February 06, 2010
February1, 2010 Ormond By The Sea, Florida condo market
There are 88 condos for sale in Ormond By The Sea, Florida through the Daytona Beach area MLS as of February 1, 2010. Directly on the ocean within the Ormond Beach city limits (from Ormond By The Sea to Granada Blvd.) there are 7 condos for sale and that number is not included in the 88 Ormond By The Sea total. The average time on the market for the 7 Ormond Beach condos is 304 days and the average asking price is $268,814.
Asking price for the 8 Ormond By The Sea, Florida condos for sale range from $87,500 at the Winchester Manor to $750,000 for a 4-bedroom at the Tiffany. Forty-seven of the 88 have asking prices of $200.000 or less.
Asking prices for 2-bedroom 2-bath condos on the west side of A1A range from $114,900 to $249,900 and both happen to be Kingston Shores units. The average asking price is $170,622 for the 2/2 on the west side of A1A in Ormond By The Sea, Florida.
For information about Ormond By The Sea homes and condos for sale and for rent and to search the Daytona Beach area multiple listing service (MLS) visit the Ocean View Realty Group web site at http://www.ovrealty.com/
Asking price for the 8 Ormond By The Sea, Florida condos for sale range from $87,500 at the Winchester Manor to $750,000 for a 4-bedroom at the Tiffany. Forty-seven of the 88 have asking prices of $200.000 or less.
Asking prices for 2-bedroom 2-bath condos on the west side of A1A range from $114,900 to $249,900 and both happen to be Kingston Shores units. The average asking price is $170,622 for the 2/2 on the west side of A1A in Ormond By The Sea, Florida.
For information about Ormond By The Sea homes and condos for sale and for rent and to search the Daytona Beach area multiple listing service (MLS) visit the Ocean View Realty Group web site at http://www.ovrealty.com/
Friday, February 05, 2010
Real Estate Today Radio is now on Ocean View Realty Group web log
Real Estate Today Radio is now on Ocean View Realty Group web log
The Real Estate Today Radio Web player has been added to this Ocean View Realty Group Real Estate web log ( http://ormondbytheseaproperties.blogspot.com/ ) and can be found on the left of the screen. Just click on the blue button and listen to professionally produced real estate related programming. Real Estate Today Radio, presented by the National Association of Realtors, includes real estate news, interviews and reports on buying, selling, and owning a home. The radio program is updated every week to provide timely real estate information to buyers, sellers and owners.
Ocean View Realty Group
The Real Estate Today Radio Web player has been added to this Ocean View Realty Group Real Estate web log ( http://ormondbytheseaproperties.blogspot.com/ ) and can be found on the left of the screen. Just click on the blue button and listen to professionally produced real estate related programming. Real Estate Today Radio, presented by the National Association of Realtors, includes real estate news, interviews and reports on buying, selling, and owning a home. The radio program is updated every week to provide timely real estate information to buyers, sellers and owners.
Ocean View Realty Group
For additional information about
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com
Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com
Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!
Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com
Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com
Thursday, February 04, 2010
Continuing Education available for Florida Real Estate Brokers and Associates
Continuing Education available for Florida Real Estate Brokers and Associates
14 Hours Continuing Education VIA Correspondence $19.95 Pick up course material at:
Ocean View Realty / A1A School of Real Estate
1350 Ocean Shore Blvd. Suite A
Ormond By The Sea, Fl 32176
(386) 441-8245
- Complete the course at your own pace.
- You must complete your 14 hours of continuing education before you send your payment requesting license renewal.
- Return your completed answer sheet to be graded and pick up your certificate of completion.
- That’s it! $19.95
- This course is approved by FREC for 14 hours of Real Estate Continuing Education credit. This course also fulfills the 3-hour Core Law requirement for license renewal.
- $19.95
Same text (Edward J. O’Donnell) as other schools
$19.95 Complete Price
Or you can mail us check for $24.95 and we will mail the course to you and mail your original certificate upon completion.
DO NOT WAIT UNTIL THE LAST MINUTE! Visit the Ocean View Realty Group web site http://www.ovrealty.com/A_1_A_School_of_Real_Estate.html
Call 386-441-8245
14 Hours Continuing Education VIA Correspondence $19.95 Pick up course material at:
Ocean View Realty / A1A School of Real Estate
1350 Ocean Shore Blvd. Suite A
Ormond By The Sea, Fl 32176
(386) 441-8245
- Complete the course at your own pace.
- You must complete your 14 hours of continuing education before you send your payment requesting license renewal.
- Return your completed answer sheet to be graded and pick up your certificate of completion.
- That’s it! $19.95
- This course is approved by FREC for 14 hours of Real Estate Continuing Education credit. This course also fulfills the 3-hour Core Law requirement for license renewal.
- $19.95
Same text (Edward J. O’Donnell) as other schools
$19.95 Complete Price
Or you can mail us check for $24.95 and we will mail the course to you and mail your original certificate upon completion.
Call 386-441-8245
Wednesday, February 03, 2010
Ten year Ormond By The Sea Florida Condo sales analysis chart by Ocean View Realty Group
Ocean View Realty Group compiled this analysis of Ormond By The Sea Condo sales through the Daytona Beach Area Association of Realtors Multiple Listing Service for the 10 year period of 2000 to 2009. This is the decade in review. Ormond By The Sea Florida Condo sales statistics for the past decade.
Three new condominium buildings opened in the decade, Barrier Island at 3000 Ocean Shore Blvd. opened in 2000, the Ocean Shore Condo at 1075 Ocean Shore Blvd. opened in 2002, and the Capriana at 1425 Ocean Shore Blvd opened in 2006.
If average sales prices increased 5% each year from 2000 to 2009 the average sale price in 2009 would be $152,409 for a 2 bedroom 2 bath condo on the west side of A1A in Ormond By The Sea, Florida. Take a peek at the 10 year chart below to get the real picture of the rising and falling sales price average going from $93,566 in 2000 to $156,785 in 2009.
* These are 2 Bedroom 2 Bath condo units in Ormond By The Sea Florida on the west side of A1A
Three new condominium buildings opened in the decade, Barrier Island at 3000 Ocean Shore Blvd. opened in 2000, the Ocean Shore Condo at 1075 Ocean Shore Blvd. opened in 2002, and the Capriana at 1425 Ocean Shore Blvd opened in 2006.
If average sales prices increased 5% each year from 2000 to 2009 the average sale price in 2009 would be $152,409 for a 2 bedroom 2 bath condo on the west side of A1A in Ormond By The Sea, Florida. Take a peek at the 10 year chart below to get the real picture of the rising and falling sales price average going from $93,566 in 2000 to $156,785 in 2009.
| Year | Total Sales | Lowest$ sale price | Highest$ sale price | 2/2* | 2/2 Average$* | 2/2 Low $* | 2/2 High $* | Directly on the beach |
| 2000 | 77 | 44,000 | 264,000 | 45 | 93,566 | 47,000 | 129,000 | 21 |
| 2001 | 87 | 49,250 | 270,000 | 55 | 106,836 | 66,000 | 160,000 | 21 |
| 2002 | 117 | 55,000 | 339,000 | 69 | 124,644 | 63,000 | 189,900 | 27 |
| 2003 | 109 | 64,500 | 350,000 | 59 | 149,076 | 92,600 | 190,000 | 44 |
| 2004 | 84 | 78,000 | 599,000 | 41 | 198,227 | 125,000 | 255,000 | 29 |
| 2005 | 111 | 128,000 | 840,000 | 74 | 263,326 | 137,500 | 335,000 | 23 |
| 2006 | 43 | 117,000 | 810,000 | 24 | 250,954 | 130,000 | 346,000 | 13 |
| 2007 | 50 | 110,000 | 830,000 | 28 | 218,636 | 110,000 | 300,000 | 16 |
| 2008 | 41 | 110,000 | 720,000 | 25 | 178,396 | 150,000 | 200,000 | 14 |
| 2009 | 59 | 50,000 | 595,000 | 34 | 156,785 | 104,900 | 200,000 | 18 |
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