Orlando Foreclosure Bus Tour, Feb 22, 2008
PRESS RELEASE, February 4, 2008
Z House Realty Group announces Tuesday, our first Orlando Foreclosure Bus Tour, which will provide investors, first time homebuyers and others the best opportunity to invest in the current market. This program is perfect for those who obsess over CNN and MSNBC, news of the changing economy and the many opportunities that it provides. In addition, for those who have been watching the declining prices of homes and the ever-increasing number of foreclosure properties, but who are uncertain of how to proceed, the Orlando Foreclosure Bus Tour is for you!
Doing a quick search of Orlando Foreclosure and Bank Owned homes pulls 591 properties. That is 591 potential opportunities for those in a position to invest or those looking for the best deal on a new home to purchase at unbelievable deals. To maximize your time and understanding of the various foreclosure properties, Z House Realty Group will be holding the first Orlando Foreclosure Bus Tour on February 22, 2008. The objective of the tour is to showcase 10-20 of the greatest deals among the thousands of properties in Central Florida that have been repossessed by various lenders. The large number of available REO (real-estate-owned) properties has made lenders more willing to negotiate with buyers.
Those who wish to attend need to visit www.OrlandoForeclosureBus.com or can call 407-208-1221.
Attendees will meet at the Z House Realty Group Real Estate Internet Coffee Café at 829 Woodbury Rd#104 Orlando, FL 32828 at 9:30am for a light Breakfast. The bus will be leaving Z House at 10am to begin touring East Orlando Foreclosure Properties. Real Estate Professionals will be available to answer attendees’ questions and to provide additional information. Lunch will be included with the tour. Additional details can be found at www.OrlandoForeclosureBus.com or on the Z House Realty Group website, www.ZHouseRealtyGroup.com.
A real estate attorney will be on hand at the beginning and end of the day to answer any questions on the legalities of purchasing foreclosure properties. In addition, mortgage bankers and brokers will be available to pre-qualify or review current lending programs. This comprehensive tour is geared to those who are looking to take advantage of the recent interest rate drops and those whom wish to make the most of the current real estate market.
The biggest surprise to most individuals who have not previously viewed foreclosure homes tends to be the condition of the home. Many foreclosure properties have been stripped of appliances and light fixtures, often many outlet covers have been removed. Foreclosure properties do not have Seller’s Disclosures. It is advised that the purchaser have a title company do a preliminary title search to check for potential liens on the home, as the new owner will inherit them.
One item that Z House Realty Group would like readers to understand is that while some foreclosure properties do offer excellent investment options, if you do your research (or allow a professional Realtor to work on your behalf to do so), many sellers are offering deals competitive to Bank Owned homes. In many cases, when you purchase directly from the home owner, you close quicker and the home is in better condition and does not require an “As-Is” contract.
Z House Realty Group would like to stress to all people looking to purchase a home the benefits of using an experienced Realtor. Our services do not cost you anything, while the protection offered can save you thousands or even more. Z House Realty Group is a member of the Orlando Regional Realtor Association, Florida Association of Realtors and the National Association of Realtors, the Orlando Chamber of Commerce and the East Orlando Chamber of Commerce. The broker, Janice M. Ziesig, is a proud alumni of the University of Central Florida.