beautiful 3 bedroom 2 bath condo in orlando · winters. in fact with the atlantic ocean just 42...

10/22/13 6:38 AMBEAUTIFUL 3 BEDROOM 2 BATH CONDO IN ORLANDO

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BEAUTIFUL 3 BEDROOM 2 BATH CONDO IN ORLANDO,FLORIDA

EXCELLENT LOCATION NEAR UNIVERSAL STUDIOS, WALTDISNEY WORLD AND ORLANDO AIRPORT

NO RESERVE! HIGH BID WINS!



ABOUT ORLANDO, FLORIDAOrlando Florida is the entertainment capital of America. Located in the heart of SunnyFlorida, Orlando is a prime vacation destination for millions of visitors each year from aroundthe world. Each year over 48 million people come to Orlando for its fun family orientedtheme parks, warm sunny weather, and vibrant night life. Orlando is home to Walt DisneyWorld, Universal Studios and Sea World, as well as numerous other world famousattractions. Orlando is also known for its warm, sunny, tropical climate, and its dry sunnywinters. In fact with the Atlantic Ocean just 42 miles away, Orlando is a perfect gateway cityto your next beach vacation. In addition to being famous for its great attractions, and vibranttourism industry, the Orlando area is home to over 2 million residents and the City of Orlandois the fifth largest city in Florida. It is a major technology hub, and Metro Orlando has arapidly growing $13.4 billion technology industry employing 53,000 people, and is anationally recognized cluster of innovation in digital media, agritechnology, aviation,aerospace, and software. More than 150 international companies, representing approximately20 countries, have facilities in Metro Orlando. Orlando is also home to the 7th largestresearch park in the country, home to over 120 companies and 8,500 employees. Orlando'srapidly growing population has also been very beneficial to real estate prices, as thepopulation has increased over 25% from 2000 to 2010. Recently because of the financialcrisis, home prices have decreased in Orlando, creating a once in a lifetime opportunity to buyreal estate at never before seen prices. Smart buyers are catching on to this opportunity, andaccording to the Orlando Regional Realtor Association, there were 4,043 new sales contractsin Orlando in February of 2010, a 66% increase over February 2009. Now is a great time tobuy Orlando real estate and be a part of Orlando's exciting growth and future.

ABOUT THE CONDOBeautiful and spacious condo. Very spacious with 3 large bedrooms living room, diningroom and eat-in kitchen. Features beautiful tile floors in dining room and kitchenand one of the bedrooms, and carpeting in the other rooms. Includes a privatebackyard.



backyard.This is a beautiful and spacious 3 bedroom 2 bath condo featuring 1,308 square feet. Thecondo features a huge living room and dining room, with very large windows to let in theFlorida sunshine. There is also a large eat-in kitchen and breakfast nook, with stove,refrigerator and dishwasher as well as ample cabinet space to store everything you need forcooking and entertaining. The kitchen is very spacious and can easily accommodate abreakfast table. From the kitchen there is a sliding glass door onto your own private patio toenjoy the Florida sun, or to entertain and barbecue. There is also a laundry room in the unitwith washer and dryer hookup. The condo features 3 large bedrooms to make this a verycomfortable and livable condo. There is a huge master bedroom with a private master bath,plus one other bathroom. The dining room and kitchen feature attractive tile floors and therest of the unit features carpeting. While this unit is sold unfurnished, the unit was virtuallystaged to give you an idea of the unit's beauty when furnished. You're also just a short drivefrom Universal Studios, Walt Disney World, and all the other exciting attractions Orlando hasto offer! HOA for this condo is just $241 per month and taxes are only $190 a year.

Investment AnalysisThe rental market in Orlando is extremely strong. According to Robert Kiyosaki author ofRich Dad Poor Dad and creator of the Cash Flow Board Game, investing in real estate is agreat way to build income and achieve financial security and independence. An investment inreal estate can be a great step towards building a real estate investment portfolio, creatingsustainable wealth and achieving financial independence.

Cash Flow Analysis

Monthly Rent = $700 per month (currently unrented, but typical for this unit) X 12 Months in a year =$8400 in income

Management = 10% of rent = $840 per year

Expenses HOA Fee = $241 per month X 12 Months = $2892

Annual Taxes = $190

Total Income = $8400

Total Costs = $3922

Your Profit Per Year = $4,478

Profit Over 5 Years = $22,390

Profit Over 10 Years = $44,780

And this is not even counting rent increases and price appreciation of the condo. Imagine what itwill be worth as the market recovers.

If you buy this condo for $40,000 then your annual return is 11.2% - How does this compare to whatyou are earning in your bank account or in the stock market?

When you buy this property, we can put you in touch with the property management company to



When you buy this property, we can put you in touch with the property management company toarrange for rental and management.

ABOUT ME

I specialize in helping investors realize their goals and homeowners, vacationers and snowbirds realize their dreams. Ihave sold over 40 homes to investors and people seeking a home or a vacation home in Florida. I promise a fast worryfree transaction, and great service each step of the way. I am always here for your questions even after you havecompleted your purchase. Rest assured that while this may be your first vacation or investment condo, I have workedwith lots of people just like you and am an expert at making sure you will have a great buying experience. All of thecondos I sell come with title insurance and a warranty deed, and I use a professional licensed title company to handlemy closings. I also welcome international buyers, and have sold to people from Canada, Australia, the UK andEurope. I look forward to working with you too!

DETAILED PHOTOS OF THE COMMUNITY ANDCONDO


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TERMS

You are bidding on the FULL PURCHASE PRICE of this auction. Uponcompletion of this auction, and final payment, the HOME WILL TRANSFERFREE AND CLEAR TO THE BUYER.

There are no liens against this property, and title is insurable.

Purchaser agrees to accept the property in "AS IS, WHERE IS" condition at thetime of closing, with NO WARRANTY EXPRESSED OR IMPLIED. Any



time of closing, with NO WARRANTY EXPRESSED OR IMPLIED. Anyrepresentations of this property are merely the opinion of the seller. All buyers areencouraged to perform their own due diligence.

WE ENCOURAGE YOU TO DO YOUR OWN DUE DILIGENCE PRIOR TOPURCHASE. WE WELCOME YOU TO VISIT THE HOME. TO ARRANGEACCESS, SEND ME YOUR FULL NAME AND PHONE #

This is a CASH AUCTION. When submitting your bid, you must have funds onhand to complete the purchase. This is a speedy closing, and there is no time toarrange bank financing.

THIS AUCTION IS FOR SERIOUS BIDDERS ONLY. Please do not bid if youwill not fulfill your obligation! Any winning bidders who do not close will bereported to eBay for buyer misconduct. If you need additional pictures or haveany questions, please feel free to ask prior to conclusion of the auction.

CLOSING PROCESS

Upon winning the auction, BUYER MUST CONTACT SELLER IMMEDIATELY via phone or emailand provide:

1. Name to be placed on deed.

2. Phone Number

3. Address to send settlement sheet.

4. $2,000 non-refundable earnest money deposit in the form of a certified check, or money order viaovernight delivery service, or bank wire transfer. This deposit must be received within 24 hours ofwinning the bid. If the seller has not received funds or heard from the purchaser within this period, thetransaction will be considered void, and buyer misconduct will be reported to eBay.

Buyer also agrees to add the appropriate closing and transaction costs to the amount of the bid. This isapproximately $1,000, and covers deed preparation, transfer tax etc. Exact amount due will becomputed by seller’s title company handling the closing, and will be shown on the final settlement sheet.

Closing of this transaction is within 10 days after the auction ends. The balance due must be sent to ourtitle company via cashiers check or money order on or before the closing date. The balance due is equalto the final sales price, less the $2,000 earnest money deposit plus applicable closing costs to be detailedon the settlement sheet. Our title company will prepare your deed and send the deed to the County torecord into your name. You will receive confirmation that the deed has been sent for recording.

Please ask any questions prior to the auction’s end. There is no time to do so once the auction is over.

NOTE TO BIDDERS: Users with Feedback Score 5 or Less or users who are new to eBay must emailSeller immediately with your full name and contact number. If you do not perform this request, we havethe right to cancel your bid.

YOU MUST READ AND AGREE TO THE TERMS PRIOR TO SUBMITTING A BID. Ande



YOU MUST READ AND AGREE TO THE TERMS PRIOR TO SUBMITTING A BID. Ande

n, Flint, Michigan, Indiana,

beautiful 3 bedroom 2 bath condo in orlando · winters. in fact with the atlantic ocean just 42...

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