Wednesday, July 16, 2014

David Siegel buys the Orlando Predators Arena Football Team

Westgate Resorts sent out a press release yesterday congratulating David Siegel, the local timeshare mogul who stared in the Queen of Versailles, for purchasing the Orlando Predators.
Image courtesy of orlandoweekly.com
The arena football team is well known in the Orlando area and makes a great addition to Siegel’s recent purchase of the Cocoa Beach Pier.
Siegel plans to return Orlando’s arena football team to the new Amway Center in Downtown Orlando for their 2015 season. According to Siegel, this is where the team belongs and the move back to the Amway Center will provide the team with a state of the art facility to play in. Siegel said, “The Orlando Predators is a great football franchise and I look forward to helping them to remain highly competitive for years to come. They provide great entertainment value for locals and visitors alike and have been a staple in our community since they were introduced into the league over 20 years ago.”
Westgate Resort executive, Jared Saft, has been appointed President of the Orlando Predators and will supervise the franchise. The Westgate Resort Foundation will also team up with the Predators to bring a humanitarian aspect to the franchise. Together, the Foundation and the Predators will focus on bringing the youth in Downtown Orlando new opportunities to grow and learn.
Francisco Orchilles, Realtor | Dr. Phillips Real Estate Specialist | The Orchilles Realty Group | Keller Williams Classic Realty

This press release was originally posted on www.selldrphillips.com

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Thursday, July 10, 2014

The Orchilles Realty Group’s Orlando real estate agents helped another Baldwin Park home buyer close a transaction

The home that sold is located on Ridley Ave. It sold below asking price at $360,000. The Baldwin Park home was listed on March 8th, 2014 and took 32 days to close once they Orlando home buyers went under contract. The home measures 1,748 square feet and has 3 bedrooms and 2.5 bathrooms.
The 2 story Orlando home is located in the Baldwin Park community east of Downtown Orlando. The zip code for the region is 32814. The number of Baldwin Park homes for sale in June increased by 5.5% from the previous month. The average days on the market for a Baldwin Park property was 40 days in June while the number of sales went up to 29 homes sold in Baldwin Park.
The median listing price for Baldwin Park and the 32814 zip code is currently $507,690. There are currently 87 homes for sale in Baldwin Park and only 3.4% of them are foreclosures or short sales. This is a significant decrease from the month of June 2013.
Additionally, 41.1% of the homes in Baldwin Park are owner occupied while 47.85% are rented out to tenants. The remaining 11.04% are vacant homes.
Median household income for Baldwin Park homes in  32814 is $102,647. 34.28% of the people in Baldwin Park have complete their bachelors degree as their highest level of education.
The Orchilles Realty Group’s Francisco Orchilles, with Keller Williams Classic Realty, represented the buyers in this transaction. Francisco said that he was very excited to help the buyers find their dream home in Baldwin Park after many months of searching.
Francisco Orchilles top producing Keller Williams Classic real estate agent in Orlando. When representing buyers, he understands that communication is one of the most important aspects of the real estate transaction. Orchilles has been able to consistently help the buyers he represents get an average of a 6% discount from the original list price of an Orlando home for sale.
The Orchilles Realty Group is a team of Realtors that work in partnership with Keller Williams Classic Realty in Dr. Phillips. Francisco Orchilles, the team’s founding member, has successfully closed over $6 million in real estate sales since he joined Keller Williams Classic Realty in April 2012. In 2013, he formed the Orchilles Realty Group in order to provide his clients with the excellent service they had come to expect.
Francisco Orchilles, Realtor | Dr. Phillips Real Estate Specialist | The Orchilles Realty Group | Keller Williams Classic Realty

This press release was originally posted on www.selldrphillips.com

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Tuesday, July 8, 2014

House of the Day: 9120 Lytham Ct | Dr. Phillips Real Estate Expert | The Orchilles Realty Group

Today’s House of the Day in Dr. Phillips is a stunning 5 bedroom, 5.5 bath custom built home in Bay Hill. The property sits on over half an acre of land and features some of the most quality finishes money can buy. Acacia wood flooring, iron railings, crown moldings, Taj Mahal Quartzite countertops, a circular pavered driveway, and a secluded pool with custom landscaping to name a few. Click here for full listing information and more pictures

  •  Price: $1,100,000
  • Bedrooms: 5
  • Bathrooms: 5.5
  • Square Footage: 4,526
  • MLS#O5226396
Courtesy of Kathleen Mark of Re/Max Showcase
Francisco Orchilles, Realtor | Dr. Phillips Real Estate Specialist | The Orchilles Realty Group | Keller Williams Classic Realty

This article was originally posted on www.selldrphillips.com

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Homeowner associations get emergency powers with new Florida law | The Orchilles Realty Group

In the case that the governor of Florida declares a state of emergency, HOA board members now have the power to borrow money and hire service providers to remedy any emergency issues. These changes were first proposed when the state was hit with 3 consecutive hurricanes that caused chaos with many homeowner associations. The organizations found themselves powerless to enforce common sense regulations such as preventing residents from throwing “hurricane parties” in the community pool or enforcing mandatory evacuation orders.
Besides being able to borrow money and contract for services, HOA board members can charge home owners special assessment fees for emergency-related expenses and appoint assistant officers that have the freedom to make decisions concerning HOA assets. For example, if a clubhouse needs to be repaired, the HOA can now charge its members a fee without sending a notice to the home owners or calling a meeting of board members.
“Having to have a certain amount of advance notice to call meetings and a quorum of board members and money you can’t touch in reserves and, meanwhile, the building is exposed to the elements … well, it just didn’t make sense,” said South Florida attorney Donna Berger
“Having to have a certain amount of advance notice to call meetings and a quorum of board members and money you can’t touch in reserves and, meanwhile, the building is exposed to the elements … well, it just didn’t make sense,” said Donna Berger, a South Florida attorney involved with the new legislation. She assures that homeowner associations will only be able to use these powers if there is a state of emergency declared in order to prevent abuse.
The new law has been met with some opposition. Homeowner advocacy group Cyber Citizens for Justice, has concerns that homeowner associations will abuse their new emergency powers. Their main argument being that association should not have the power to enter into big contracts without approval of its members. Any “emergency” can be handled with due process and approval from the paying residents of the community.

Francisco Orchilles, Realtor | Dr. Phillips Real Estate Specialist | The Orchilles Realty Group | Keller Williams Classic Realty

This article was originally posted on www.selldrphillips.com

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