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Debbie Irons, Orlando Classic Homes

Updated Daily Orlando Real Estate Insider Information from an experienced Realtor in the Lake Nona area, including humorous anecdotes of a working mom of 4 little girls.

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It's official, Updated Florida Tax Credit in Effect until June 30 2010
Tax Credit for Homebuyers First-Time Homebuyers (FTHBs): First-time homebuyers (that is, people who have not owned a home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the home, with Read More...

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Latest Update on $8000 Homebuyer Credit Extension
$8,000 home credit still in play Negotiations about whether and how to extend and expand the tax credit for homebuyers are moving quickly. Here are the latest developments. NEW YORK (CNNMoney.com) -- Confused about whether lawmakers will extend the $8,000 Read More...

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JUST SOLD in East Park Neighborhood, $250,000
Congrats to MHC for purchasing this amazing home! GORGEOUS LAKE NONA AREA GEM ON 1/5 ACRE CONSERVATION LOT! This charming home w/office is LOADED w/upgrades! Come home to a brick paved driveway & front porch! Walk-in to Brazilian cherry hardwood floor Read More...

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What is an USDA loan?
Quick Facts: 102% financing based on appraised value - so closing costs can be rolled in if appraised value comes in higher! No monthly mortgage insurance. One-time guarantee fee of 2.00% No First-time homebuyer requirement but cannot have interest in Read More...

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Be My Guest for First Time Homebuyer Tax Credit Seminar
Bringing the Dream of Homeownership Within Reach Be my guest at for the First Time Homebuyer Tax Credit Seminar, sponsored by the Orlando Regional Realtor Association (ORRA) and held at the Bahia Shriners, in Orlando. As part of its plan to stimulate Read More...

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It's a buyer's market, right? Then why are buyers so frustrated?
I will tell you why...reports on the news tell us it is the time to buy. We hear all about prices falling by 30%+ in the Florida market, tax credits, low rates, and tons of inventory but even qualified buyers cannot close a deal. Buyers' patience Read More...

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Why would a lender foreclose on a property rather than accept a short sale?
This is a BIG question these days from Orlando buyers, sellers and real estate agents in the frustrating market where almost every home is a short sale. I posted this question on a networking website recently and these are some of the answers that were Read More...

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Last Minute Tax Tips New From The Stimulus Plan
The American Recovery and Reinvestment Act (ARRA) of 2009 was signed into law by President Obama on February 17, 2009. The bill is intended to provide a stimulus to the U.S. economy in the wake of the economic downturn. The bill includes federal tax cuts, Read More...

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Your credit score may be lower than you think!
Clients have been surprised lately when they call their bank and find out their credit score is lower than they think! If you knew your credit score last year and even if you have not missed payments, your credit score may have been hit hard by the economy. Read More...

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Considering a Short Sale? Read This First!
You've heard the term all over the news, read about them in the papers, and now you have fallen behind on your mortgage payments. Is a short sale right for you? The question is not easily answered and it really depends on your specific circumstances. Read More...

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Need to Improve Your Credit Score?
There are no quick fixes for improving your credit score. But you can raise your score over time by demonstrating that you consistently manage your finances responsibly. Any of the following ten tips can help you to improve your credit score: 1. Pay your Read More...

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Good News for Florida Snowbirds
According the new Florida Assocation of Realtors, Florida Snowbirds and all other non-homesteaded property owners will see the largest tax drop of all other homeowners whose property dropped in value. Estimates are between 8-15% from last year. That is Read More...

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Housing and Economic Recovery Act of 2008
Big changes! I just attended a class at Orlando Regional Realtor Association (ORRA) with amazing information on one of the most important changes in real estate in 2008/2009. Housing Opportunity information can be found at http://www.realtor.org/government_affairs/housing_opportunity Read More...

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