Surfside Hotel and Suites in Ormond Beach, Florida to be demolished.

One of the ocean front buildings in Ormond Beach, Florida that sustained substantial damage during the 2004 hurricane season was the Surfside Hotel and Suites at 251 South Atlantic Avenue in Ormond Beach, Florida. The hotel has remained closed since 2004 and the deteriorating condition has been the subject of numerous city of Ormond Beach code violations.  The city has reached agreement with the building owners to begin to raze the building by mid May 2010.  The city has also expressed an interest in the land to use as an ocean front park.

Real Estate Taxes for 2010 in Ormond By the Sea, Florida

When real estate values in Ormond By The Sea, Florida were increasing drastically several years ago, the property appraiser told you that the higher values would mean higher taxes so any objection to your tax bill would probably be fruitless. As the value of your property began to fall some of you saw your tax bill actually decrease. Values for this year will once again show a decline, probably around 15% according to early guestimations by the Volusia County Property Appraiser. But declining values may not mean a lower tax bill if the taxing authorities do not cut spending. If spending is not cut, tax rates will increase to cover the expenses of taxing authorities.

Ormond By The Sea Florida

Ormond By The Sea FloridaOrmond By The Sea Florida is a quaint seaside community betwen Ormond Beach and Flagler Beach on Florida's central east coast. Ormond by the sea is on a barrier island between the Atlantic Ocean and the Halifax River. A summer playground for the rich like Henry Flagler and John D. Rockefeller in years gone by, Ormond Beach is now known as the Birthplace of Speed due to the early auto races on its beaches. Ormond by the Sea is North of the Ormond Beach city limits and is an unincorporated area that is mostly residential. Ormond Beach is centrally located to many of central Florida's most popular attractions.

Ormond By the  Sea has less than 9,000 households and a population under 20,000. Many of the condominium units and single family residences are occupied full time. Some are only used occaisionally as a second home and some are occupied only as a winter residence.

Approximate mileage to:

                                     Kennedy Space center----61
                                     St. Augustine--------------48
                                     Sea World------------------72
                                     Universal Studios----------68
                                     Walt Disney World---------79

Of course we are just 6 miles from Daytona Beach. Home of the LPGA, NASCAR, the Daytona 500, and the U.S. Tennis Assoc. Ormond Beach is part of the greater Daytona Beach area in Volusia County, Florida. Lots to do in and around the Daytona Beach area and when the day is done you can relax on the private balcony of your Ormond Beach condo and sip your favorite beverage while basking in the ocean breeze.

Ormond By The Sea on Florida's Central East Coast

Visit the links page of the Ocean View condominium rental Group vacation rental  web site for additional information about nearby attractions. http://www.ormondbeachcondorentals.com/Links.html  Ormond By The Sea is a perfect base for echo tourism, History & Arts lovers. Climb the tallest Lighthouse in Florida (2^nd tallest in the USA) in Ponce Inlet. Tomoka State Park is the ultimate in bird watching and also
features a nature trail, museum and canoe rentals. Lots of good fishing spots can be found in the area. Daytona Beach also offers a variety of theater productions, sports, parks and museums and other cultural
entertainment attractions.

Ormond By The Sea information is also available at
http://en.wikipedia.org/wiki/Ormond-By-The-Sea 

Demographic information for zip code 32176 is at
 http://zipskinny.com/index.php?zip=32176 


Ormond By The Sea Florida street map
Visit the Ocean View Condominium Rental group web site to view a street map of Ormond By The Sea Florida http://www.ovrealty.com/Ormond_By_The_Sea.html

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at www.ovrealty.com where you can also search the Daytona Beach area multiple listing service (MLS) anonymously

Marion O’Connor leaves Ocean View Realty Group

Marion O’Connor has left Ocean View Realty Group in Ormond By The Sea, Florida, to pursue other challenges. Marion first came to Ocean view in 1998 and has helped many customers and clients buy, sell and rent Ormond By The Sea homes and condos. Ms. O’Connor relocated to Ormond By The Sea, Florida from Portland, Maine in 1989.

The Pavilion Shopping Cener has opened in Port Orange, Florida

Thirty stores (about 90% of the available space), eight restaurants and a theater complex are open at the new Pavilion in Port Orange, Florida. The Pavilion is an open-air shopping center at 5501 S. Williamson Blvd, Port Orange, Florida. The Volusia Mall owner also owns the Pavilion, which is about 10 miles south of the mall.
The Pavilion is the largest commercial development is Volusia County since the Volusia Mall opened in 1975.
A unique feature of the pavilion is a half-mile walking trail around the retention pond in the center of the development.

For additional information go to   http://www.cbldevelopment.com/portorange

Shadow inventory of homes for sale

There is a rapidly growing shadow inventory of properties where borrowers are delinquent but foreclosure has not been completed according to Standard and Poor's.  A recent report also suggests a period of many months to resolve the shadow inventory problem.  The report states "If no additional loans default and only the current inventory of non performing and REO loans eventually must be liquidated, it will take 29 months to complete. This estimate of 29 months does not consider loans that have yet to default or, more significantly, those that have recently cured."

Read the full report at
http://www.standardandpoors.com/ratings/articles/en/us/?assetID=1245206147429

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or 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

Florida condo financing and the Special Approval designation

Special Approval is a relatively new designation by Fannie Mae to ease Florida condo mortgage restrictions.  The project is to review established condominium projects that may not currently meet Fannie Mae's standard eligibility criteria.  Condos receiving the Special Approval designation means that Fannie Mae will back mortgages for condo purchases freeing lenders to originate and deliver mortgage loans.  The Special Approval designation will be for 9-18 months.  Condo financing has been almost non existent in Florida without Government backing and this new designation will hopefully get more condos approved and help the condo market get back to normal.

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or 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 new Publix supermarket is now open in Ormond By The Sea

On Thursday, March 11, 2010 the new Publix store opened for business at the Ormond Mall in Ormond By The Sea, Florida. The Publix store closed in June, 2009 and the building was demolished. The new store is much bigger, having taken a couple of additional spaces previously occupied by the card store and the Gourmet Kitchen. Opening day was a dreary rainy day but the parking lot was still full of shoppers and curious residents who have been waiting months for the convenience of the Ormond By The Sea Publix market.

ORMOND SCENIC LOOP & TRAIL CORRIDOR STORY and history

ORMOND SCENIC LOOP and TRAIL CORRIDOR STORY
The communities surrounding The Ormond Scenic Loop and Trail have a long, rich
history that begins approximately 20,000 years ago during the last Glacial Period and is
closely linked to three bodies of water – the Atlantic Ocean, the Halifax River and the
Tomoka River. The Halifax River is actually an arm of the Atlantic Ocean that thrusts
northward from Ponce de Leon Inlet to the south and splits the land into two sections.
The Tomoka Basin, the source of the Halifax River, is located about twenty-three miles
north of Ponce de Leon Inlet and is fed from the southwest by the Tomoka River, a
fresh water river. The surrounding lands are located on the Silver Bluff Terrace – an
ancient ocean bottom. Giant ground sloths, saber-toothed tigers, mastodons, and
prehistoric horses once roamed the forests surrounding these waters. On the east side
of the Halifax River is a narrow peninsula approximately a mile wide. The northern most
portion of the peninsula in Volusia County is known as Ormond-By-The-Sea. Following
the peninsula south from the Flagler County line for about 8 miles brings us to the City
of Ormond Beach, which is separated by the Halifax River into beachside and mainland
segments. The northern mainland side of The Ormond Scenic Loop and Trail corridor
sits in unincorporated Volusia County.
Descendants of primitive Asiatics, who came to be known as Indians, migrated to
Florida approximately twelve thousand years ago. They came to hunt the mammoths,
musk oxen and caribou. These early inhabitants hunted and fished along the Halifax
and Tomoka Rivers, leaving behind mounds filled with broken pottery, arrowheads, and
shellfish remains. The earliest inhabitants of the area that we have knowledge of are
the Timucuan Indians who lived along the banks of the Halifax and Tomoka Rivers
during the early 1500's. Their primary settlement was called Nocoroco and is thought to
be located in what now is Tomoka State Park, which faces the Tomoka Basin and
welcomes visitors through its entrance on North Beach Street, the western limb of the
Ormond Scenic Loop & Trail. Nocoroco was mentioned in a 1569 memorial to the king
of Spain by Captain Antonio de Prado who noted that the village was situated between
two rivers (now known as Tomoka and Halifax). Princess Issena of the Timucuan Indian
Tribe married French Huguenot nobleman Ernst D'Erlach in 1566. An engraved rock
marks the site near the primitive church on the northwest corner of the Granada Bridge.
In 1605, Spanish explorer Alvaro Mexia mapped the area. Prehistoric shell middens
are located along John Anderson Drive containing the remains of oysters harvested by
these peoples from the river and tiny coquina clams gathered from the ocean side.
Bones of shark, sea turtle and manatee are also found in these significant archeological
sites. Because of this bounty of river and sea, the natives who lived in villages once
located along the Halifax and Tomoka Rivers never practiced agriculture until the arrival
of the Spanish. The Timucuan villages of Cacaroy and Cicale are believed to have
been located along the banks of the Halifax River in present day Ormond-By-The-Sea.
The Cacaroy settlement is believed to have been located just south of Bicentennial
Park, with the Cicale settlement approximately one mile further south along the banks of
the river. The Timucuans disappeared entirely by the early 1800's, perhaps decimated
by diseases brought by European settlers.

At the end of the Seven Years War in Europe, Spain ceded Florida to the British in
exchange for Cuba. Britain gave out many land grants to settlers, including 20,000
acres to Richard Oswald in 1766. Mount Oswald became a rice and indigo plantation,
encompassing what is now Tomoka State Park. There are eleven known plantation
sites within the Tomoka State Park area all of which can be seen and are accessible
from the Ormond Scenic Loop & Trail. During the survey of these land grants, the
Halifax River received its name in honor of Lord Halifax. Later, Florida reverted to
Spain and Mount Oswald and other early plantations fell into ruins. Spanish land grants
of the early 1800's brought a new wave of settlers from the Bahamas. Spain remained
in possession of Florida from 1783 until 1821, when it became a United States territory.
Some of the earliest settlers to the area included James and George Anderson, who
came to Ormond with a Spanish land grant and took over what had been Mount
Oswald. Loop road John Anderson Drive is named after their family. Captain James
Ormond received a 2,000-acre land grant that he called Damietta Plantation. James
Ormond II died in 1829 and is buried in Ormond Tomb Park located on Old Dixie
Highway. A landmark of the second Spanish period is located in the vicinity of Pine
Tree Drive. What was once the Addison Land Grant was later sold in part to the
McCrae brothers. This landmark, known as the McCrae Plantation Ruins and Addison
Blockhouse, are important examples of 19th century plantation architecture. This
plantation, like many in the area, was destroyed during the Second Seminole War. The
effective reprisals of the Seminole Indians in 1835-36 laid waste to the plantation
economy in this part of the state, from which it never recovered. During the course of
the next fifty years, these lands lay dormant allowing nature to take its course.
In the 1870's, a new wave of settlers arrived, including a group employed by the Corbin
Lock Company of New Britain, Connecticut, who named the area New Britain. In 1876
Chauncey A. Bacon, an architect and Civil War veteran from New Britain, Connecticut,
purchased 172 acres in present day Ormond-By-The-Sea and named it the Number
Nine Plantation. Mrs. Bacon became the first teacher in the colony of New Britain,
present day Ormond Beach. In her book Ormond-On-The-Halifax, Alice Strickland
describes the site: "The land was covered with a dense, tangled forest of palmettos,
scrub oaks, and pine trees which Bacon cleared out with axe and grub hoe. The
Bacon's first home was a palmetto cabin, but later Bacon built a small, two story house
with a large coquina rock fireplace on top of the Indian shell mound. Eventually this
house became the 'jelly house' where Jennie Bacon, and their son, Earl, made delicious
jams, jellies, and preserves that were sold on the property and also shipped to all parts
of the country." The Bacons constructed a third home, which still stands on John
Anderson Drive, from salvaged mahogany logs that washed ashore from the wreck of
the City of Vera Cruz. The Number Nine was a favorite picnic ground for the early
settlers of New Britain with picnickers and other guests traveling by boat on the Halifax
River since no roads along the riverfront on the east side of the Halifax River existed.
The Bostrom brothers came to what is now called Riverside Drive and built a fine home
called Bosarve, which means "Home Place" in Swedish. Like the Bacons, the Bostroms
built three homes altogether on the same site; the first was a palmetto shack, then a
two-story frame house and eventually a third home with some of the lumber coming
from Jacksonville and some salvaged from ship wrecks. Alice Strickland's book

describes the shingles as being homemade and "the bricks for the chimney were
pilfered from old plantation ruins". Bosarve, which is still filled with magnificent old oak
trees, was torn down in recent years and a modern home now occupies the site.
Alice Strickland also gives us an accounting of the tragic shipwrecks that occurred
during the hurricane season of 1880, the most severe storms ever experienced by the
early settlers. Strickland wrote: "The largest of these ships was the City of Vera Cruz,
bound from New York to Havana, which was carrying over a hundred passengers. As
the ship broke up in the immense waves, passengers and crew were thrown into the
sea, and only a few reached shore alive…the settlers formed a sort of vigilance
committee to bury the human bodies strewn along the beach north of Ormond and
which were being attacked by wild hogs. Sixty-seven of these bodies were interred in
one huge pit dug back of the first row of dunes just north of Number Nine Plantation.
For many years a large timber set upright in the ground marked the spot, but was finally
destroyed by woods fires". The first cottage built on the beach was constructed from
salvaged materials from the Vera Cruz and named in the ship's honor. In the 1880's
this cottage rented in the summer for $30 per month. At the time of his death in 1911,
John Anderson bequest the Vera Cruz cottage to William Fagen. In December of 1896,
another fierce hurricane grounded the Nathan Cobb just offshore. Citizens of Ormond
attempted a rescue of the crew despite high rough surf. One resident and several crew
members perished. Salvage from the Nathan Cobb was used to build a cottage, also
called the Nathan Cobb, on Orchard Lane just north of the Hotel Ormond. The cottage
stands today and is accessible from John Anderson Drive.
The first bridge over the Halifax River was built in 1887 and connected the peninsula
and the mainland. Today Granada Boulevard and a graceful high-rise descendant of
the first Halifax River Bridge form the southern border of the Ormond Scenic Loop &
Trail. John Anderson and J.D. Price bought part of the Bostrom property and built the
first wing of the Hotel Ormond, along with winter visitor and Wall Street broker Stephen
Van Cullen White, which opened on January 1, 1888. Many wealthy travelers stopped
here, including John D. Rockefeller who rented a complete floor of the hotel. Other
notable travelers included Henry Ford, Will Rogers, and the Prince of Wales. In 1890,
Henry Morison Flagler purchased the structure and enlarged it. In 1904, Flagler added
the Ormond Garage on the hotel property. The 104-year-old hotel is now gone,
demolished on May 26, 1992, and recently replaced by the Heritage Condominium.
The restored hotel cupola, now a small museum displaying memorabilia, is located in
Fortunato Park across the street from the original site, visible from both John Anderson
Drive and Granada Boulevard. Hammock House, which was built in 1878 by the hotel's
co-founder J.D. Price, still stands at 311 John Anderson Drive and is listed on the
National Register of Historic Places.
On December 18, 1918, John D. Rockefeller made Ormond Beach his winter home by
moving into "The Casements", a three-story house on the corner of Granada and
Riverside Drive which borders the Halifax River. On May 23, 1937, Rockefeller passed
away while at The Casements. The Rockefeller family sold the home in 1941 and it
became a junior college for young women. The property changed hands a number of
times after that with the citizens fighting off efforts to redevelop the property as
condominiums in the 1970's. The City of Ormond Beach purchased the property in
1973 and the building was restored and preserved as a cultural and civic center for the
community. The Casements is one of the premier historical landmarks along the
Ormond Scenic Loop & Trail.
A subscription for a church building was started in 1884 and a river front lot at the
corner of Lincoln and Beach Streets was donated. Lumber for the church was ordered
from Jacksonville, but the schooner carrying it ran aground and the captain could not
get it afloat. Community members got the lumber from the schooner and crafted it into
a raft. Working all night, the group poled the raft six miles to Ormond where, with help
from other citizens, they carried the lumber ashore, dried it and then began construction
of the church building. The Ormond Union Church was incorporated September 21,
1888. Next door is the Anderson Price Memorial Building which is on the National
Register of Historic Places. This building served as the home of the Village
Improvement Association in the early 20th century and was the first public library in
Ormond Beach. Across from the church, directly on the Halifax River, is the Ormond
Yacht Club, which was built in 1910 and is on the National Register of Historic Places.
The wooden clubhouse stands stalwartly over the water at the end of its pier, a striking
component of the viewshed at the south end of the Ormond Scenic Loop & Trail.
Further north at 166 N. Beach Street stands the William McNary house. William
McNary lied about his age when he enlisted with his son, Clarence, to fight for the Union
in the Civil War because he was too old for conscription. McNary had been a
cabinetmaker for the Corbin Lock Company in Connecticut and this family became one
of the most prominent in the colony. Immediately north of the McNary house is the Dix
House, which was built for Mrs. McNary's sisters, Ruth and Eliza Dix. Originally built as
almost identical houses, the Dix House retains its open upper and lower porches and is
on the National Register of Historic Places. It was here that the citizens of then New
Britain voted to incorporate the city under the name Ormond Beach on April 22, 1880.
The first meeting of the Ormond City Council took place at the Dix House on May 8,
1880.
The 1920's brought a real estate boom to both mainland and beachside Ormond Beach.
In 1926 Oceanshore Boulevard (A1A) was constructed and opened the forbidding
wilderness of scrub jungle that existed between St. Augustine and Ormond Beach. This
improved access led to the beginning of residential subdivisions along the peninsula. In
the early 1950's a residential construction boom started in the beachside area north of
Ormond Beach. One of the first subdivisions was called "Ormond-By-The-Sea", a name
that eventually became the identity for that community. Between Ormond-by-the-Sea
and the Flagler County line to the north lays North Peninsula State Park. Nearly three
miles long and extending across the peninsula from ocean to river, the park is a pristine
undeveloped dune scrub, an ecosystem that has nearly vanished from the rest of
Florida's east coast. It is here that the Ormond Scenic Loop and Trail will meet the A1A
Scenic & Historic Coastal Byway, with the intent of receiving national status as well.

Five days after the bombing of Pearl Harbor and the United States entrance into World
War II, fifteen local individuals along with some New Smyrna Beach residents took the
qualifying exams for the Coast Guard Auxiliary. Members of the Coast Guard Auxiliary
Flotilla 44, called Flotilla 1-3 during World War II, manned the lookout tower in Ormond-
By-The-Sea around the clock as they searched the coast for German submarines. This
restored structure still stands today. A wooden tower in the rear of the Ormond Beach
fire station on East Granada Avenue also became a watchtower. Flotilla 44, Daytona
Beach – 7th CG District, is one of the oldest Coast Guard Auxiliary flotillas in the United
States. Flotilla 1-3 (present day Flotilla 44) was formally chartered on December 18,
1941. German submarines arrived off the Atlantic Coast in January 1942. By May of
that year, 180 vessels had been sunk. The Coast Guard Auxiliary responded to aid the
sinking vessels and rescued those who were forced to abandon ship. At times, people
on the beach could see these U-boat engagements. In addition to their responsibilities
for patrolling the beaches of Volusia and Flagler Counties, members of Flotilla 1-3 also
conducted river patrols on the Intracoastal Waterway and patrolled the offshore waters
of the Atlantic Ocean searching for harbor infiltrators and enemy submarines.
Stanley Steamer cars came to Ormond Beach on January 24, 2006 to celebrate the
100th anniversary of a Stanley car setting the most famous land speed record on the
beach on January 26, 1906. Stanley car owners came from as far away as Great
Britain to mark the anniversary. Owners prefer to drive the cars rather than display
them; they all raved about the magnificent beauty when they completed driving "The
Loop."
For over a century the citizens of Ormond Beach and the surrounding communities and
visitors to the area alike have learned to love and value the natural vistas and historic
structures they see from the roadways that make up the Ormond Scenic Loop and Trail.
Those within the community are deeply concerned with preserving and protecting the
remaining unspoiled areas of forests, swamps, scrub dunes, and coastal marshes with
its abundance of ecological systems and historic value in this area. The Ormond Scenic
Loop and Trail hopes to contribute to this worthy endeavor through its efforts to
establish the corridor as a Florida Scenic Highway.

Vacation Rental Condos in Ormond By The Sea, Florida by Ocean View Condominium Realty Group Inc.

Ocean View Condominium Realty Group Inc. is adding postings to its rental blog showing available vacation rentals in Ormond By The Sea Florida. Every Condo Building will be featured in a post with a link to the Ocean View Realty Group Vacation rental web site where you can find building photos and a description and access to photos and information about individual vacation rental condo units managed by Ocean View Condominium Rental Group, Inc. To view the ongoing postings visit    http://ormondbeachcondos.blogspot.com/

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or 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.

Volusia County Florida Pet Vet Cruiser, March 2010 schedule

Volusia County's Pet Vet Cruiser mobile clinic operates by appointment between 10 a.m. and 3 p.m. and will be at the Rockin' Ranch on March 1, 3, 5, 11, 15, 18, 24, 26, 29 and 31 on Nova Road in Ormond Beach.

Dates for services at the Oakbrook Professional Center on Spring Garden Avenue in DeLand are March 2, 4, 8, 12, 16, 19, 22, 25 and 30. 
March 9 and 23 at Volusia County Fire Station 23 on Pioneer Trail in New Smyrna Beach.
March 17  at Volusia County Fire Station 31, 1970 S. Volusia Ave., Orange City.
The Pet Vet Cruiser offers free and low-cost spay and neuter services to residents in the unincorporated areas of the county.  Fees are based on a sliding income scale.   For information or to schedule an appointment, call 386-626-6643 or visit volusia.org/animalcontrol/cruiser.htm

Ormond By The Sea Florida photos

Here are some photos of Ormond By The Sea Florida that I have used in the past on the Ocean View Realty Group web sites and Blogs.  I will try to get out and get others to post also.

 Bicentenial Park is accross the street from the beach and runs from A1A to the river.
 
    Tom Renick Park is on the Ocean in Ormond By The Sea Florida.
 
World War II watch tower                          A beautiful sunrise in Ormond By The Sea Florida
       
                               Map of Volusia County Florida showing Ormond By The sea Florida

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.

Financing tips for buyers of Ormond By The Sea Florida homes and condos

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/.

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/.

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

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.

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/.


       

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

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

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.

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

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