Browsing Posts in Florida Property Auctions
Florida Property Auction Updates.
May 16th 2009
Blue Springs Auction: (Scheduled)
* Large Acreage Lots
* Opening bids of $25 K to $29 K
* There are two homes for sale too.
* There are 28 lots to be sold.
* 10 of the lots will be sold “Absolute”
* The event will be held on site.
* Register: http://www.britishhomesgroup.com/florida-property-auctions.php
Town Homes in Melbourne: (In process)
* Numerous “fee simple” town homes.
* Two car garages in each of the units.
* Previously sold in the Mid $400’s
* Opening bids of $95,000 for each.
* Luxury finishes (granite and crown moldings)
* Adjacent to the Intracoastal Waterway
* Auction tentatively scheduled for May 30th
* Register: http://www.britishhomesgroup.com/florida-property-auctions.php
Future auctions to include condos on both the east and west coasts of Florida, as well as some single family homes near the Disney World location.
Resgister to receive auction updates: http://www.britishhomesgroup.com/florida-property-auctions.php
There were just 7 properties left from the weekends Reunion auction held in Orlando Florida. If you would like to make an offer on any of the below properties please contact us here: info@britishhomesgroup.com
Click on the images to see full descriptions of the individual properties.
1208 Radiant Drive – Reunion Florida
1210 Radiant Drive – Reunion Florida
1519 Corolla Drive – Reunion Florida
7603 Heritage Crossing Way #202 - Reunion Florida
7818 Whitemarsh Way - Reunion Florida
7841 Palmilla Court - Reunion Florida
7849 Palmilla Court - Reunion Florida
Please contact us here to make offers on these Florida homes or call 0800 096 5989
Recent Florida Property Auction News from the Sunday Times.
The Alhambra property from the upcoming October 25th auction was recently featured on page 2 of the Sunday Times in the UK as their ‘Top of the Drops’ home.
If you would like an opportunity to bid on this property, please click here to register and receive full auction details.
Download a Hammock Beach property brochure.
The Conservatory at Hammock Beach is a gated golf course community with 340 homesites. With vacant lots on the golf course as well as lots on the preserve, the views will be impeccable from every angle. The focal points of this exclusive community are the 18-hole golf course and the future nature conservatory. Designed by Tom Watson, the woodland style golf course is already gaining recognition throughout the community. With waterfalls, stone bulk heading, and a one-of-a-kind “island” hole, this course will surely be enjoyed for years to come. Residents can visit the glass-encased Conservatory, which features an abundance of tropical foliage.
In the Orlando Florida real estate market there are some of the best bargains to be had in years. So where should buyers go to find the best possible deals? To auction! That’s right, often times auction properties can be half price or less off of current real estate values. Online real estate auctions can be daunting however – how do you buy safely and how can you be certain that what you are buying really IS a bargain?
The British Homes Group is collaborating with Stirling Sotheby’s International Realty (Florida’s affiliate of Sotheby’s in the UK) to educate British buyers of Florida real estate about the process behind online real estate auctions and answer all the questions potential buyers may have.
British Homes Group and Stirling Sotheby’s International Realty will be hosting two complementary Internet auction seminars – October 7 and October 21 at 19:00 GMT.
The next auction is to be held on October 25th and will feature a selection of properties developed by Ginn Resorts including: Reunion Resort, Bella Collina Golf Club and Hammock Beach Resort. All properties are in or near Orlando.
Please visit the BHG website to find more information about the Florida real estate auction educational seminars.
Call British Homes Group Today for help with purchasing or financing your Orlando area dream home!
Auctions offer best opportunities for Florida Real Estate Bargains!
“How to buy at auction” on-line seminars Tuesday October 7th and 21st at 7pm UK time.
Next Auction – November 8th, 2008
Top quality homes in Florida are at their lowest price right now, but to secure an even better bargain you need to go to auction. Auction properties can be half price or less off current values.
For some Brits, however, bidding for a luxury home over the internet can sound daunting. The on-line auction route is a quick and definitive route to buying a home and also saves money on airfares. But how do you do it safely? And how can you be sure that what you are really buying is a bargain?
In order to help British people through the auction maze, the Orlando-based British Homes Group, (www.britishhomesgroup.com) in collaboration with Stirling Sotheby’s International Realty, the Florida affiliate of Sotheby’s in the UK, is hosting two complementary internet auction seminars on October 7 and 21 at 19.00 GMT.
The purpose of the British Homes Group “webinars” is to explain the process and answer all the questions potential buyers might have. BHG will also feature a selection of quality Florida holiday homes and other investment properties in the Orlando area that will be auctioned by Stirling Sotheby’s on November the 8th. A free booklet – “A guide to Florida On-line Property Auctions” can also be downloaded.
Bill Cowie, director of British Homes Group says: “These auctions are not a dumping ground for private owners to offload secondary real estate rubbish. In this market they are also a sales platform for top US developers to turn their newly completed luxury homes into much-needed cash. As a buyer you need to be aware. The first step is to make sure you are dealing with reputable companies, get prepared and familiarise yourself with the procedure. Then if your bid is successful, it may turn out to be the quickest, most hassle-free and best investment you’ve ever made.”
British Homes Group is an Orlando-based, UK-staffed estate agency and mortgage brokerage company specializing in finding and financing Florida holiday homes and investment properties for UK residents. BHG is a “one stop shop” for all things Florida property and prides itself on offering advice and guidance with no pressure on people just enquiring about the market.
BHG has assembled a team of totally objective professional advisors on all subjects including UK and US law, immigration, tax, insurance and who will guide people through all aspects of buying a home in Florida, from on-line auctions through to buying furniture and sourcing decorators or interior designers.
The next auction on 8th of November, will feature a selection of properties developed by Ginn Resorts (www.GinnResorts.com). Ginn Resorts is a premiere US developer with many resort communities throughout the south-eastern US and Florida. The featured properties are at:
1. Reunion Resort near Orlando (www.ReunionResort.com)
2. Bella Collina Golf Club near Orlando (www.BellaCollina.com)
3. Hammock Beach resort on the Atlantic coast, east of Orlando (www.HammockBeach.com)
In a previous auction, and reported on by the UK’s Daily Telegraph, Sheila Harrison of Luton, Bedfordshire snapped up a new three-bedroom apartment at Lely Landings in upmarket Naples, West Florida for £100,000 ($200,000). The list price was double that at $399,000 and a near identical apartment at Lely Landings was independently valued in November 2007 for $397,000. Brian and Debbie Gill from Leamington in Warwickshire successfully bid $270,000 (£135,000) for a 6th floor three bedroom apartment at Oceanwalk Condominiums on the south beach area of New Smyrna Beach, Florida.
Lee Weaver, Director of Operations of The British Homes Group, says: “In all our many years helping UK buyers find Florida dream homes, there has never been a better time for Brits to buy in Florida. With high supply of properties and low demand from locals, and the difficulty of getting credit here, the market has never been so full of bargains. The dollar has strengthened against the £ in recent weeks but still presents excellent value for buyers from the UK and Ireland.”
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For further information please go to: www.britishhomesgroup.com/florida-property-auctions.php Or call freephone 0800 096 5989 or (+1) 407 396 9914
Next Florida Property Auction – October 25th 2008. Register Now for property details and online orientation webinar on October 7th at 7pm UK time.
2008 Luxury Brand Status Index Survey Rates Sotheby’s International Realty Nation’s Most Prestigious Real Estate Brand
Orlando, Florida. – The Luxury Institute’s 2008 Luxury Brand Status Index Survey recently rated Sotheby’s International Realty (www.SothebysRealty.com) the most prestigious real estate brand among high net worth consumers.
Roger Soderstrom, owner and founder of Stirling Sotheby’s International Realty (www.StirlingSIR.com) in Orlando – one of the largest and most active Sotheby’s International affiliates in the Southeast – said the national ranking makes a huge difference in marketing Central Florida luxury homes, unique properties and communities. Soderstrom said the New York-based Luxury Institute’s Status Index Survey queried a nationwide sample of 1,666 wealthy American consumers online.
Respondents boasted an average income of $348,000 and average net worth of more than $3.7 million.
“Survey respondents were asked to rate brands according to consistently superior quality; unique and exclusive; social status as a product consumed by people who are admired and respected; and self enhancement, in that the brand makes the consumer feel special across all aspects of the customer experience,” Soderstrom said.
While the brand ranking itself has little effect on marketing efforts, Soderstrom said, it’s all about perceptions.
“The survey tells us something we already know, that among affluent buyers and investors, our brand ranks the highest,” Soderstrom said.
Stirling Sotheby’s International Realty markets Central Florida luxury homes, unique properties and communities locally, nationally and internationally through its world marketing center, the Global Gallery (www.GlobalGalleryUSA.com) and real estate galleries at Lake Mary/Heathrow, Winter Park, Downtown Orlando, Windermere/Dr. Phillips and Clermont.
“Given the favorable currency trading rates, affluent families whose wealth is in Euros, Rubles, Rupees and Renminbis see Central Florida real estate as a stable, highly desirable opportunity, he said.
“For those families, the prestige of the Sotheby’s International Realty brand is a powerful incentive,” Soderstrom said.
The British Homes Group formed a marketing alliance with Stirling Sotheby’s in November of 2007 to help raise awareness of buying Florida homes through the auction process (original press release). All auctions to date have been a complete success with sell outs at almost every event.
Keep up to date with the latest auction activities on Stirling’s website or by visiting Featured Florida Property.
Two British people were successful bidders at the recent sell-out “No minimum-no reserve” auctions which took place in Naples and New Smyrna Beach in January.
NAPLES AUCTION
Sheila Harrison of Luton, Bedfordshire snapped up a new three-bedroom apartment at Lely Landings in upmarket Naples, West Florida for £100,000 ($200,000). The list price was double that at $399,000 and a near identical apartment at Lely Landings was independently valued in November 2007 for $397,000. There were 27 UK inquiries, 3 UK registered bidders and Sheila Harrison was the successful bidder.
Sheila Harrison says: "We have been to Naples before and liked it so when I saw that the auction was on I thought I’d have a go. I think US "no reserve" auctions could attract a lot of interest from Brits here particularly when our exchange rate is fabulous at the moment. So it’s a win/win situation.
"I have bid at auctions before in the UK but not online, and I found the Sotheby’s online auction was very simple and good fun. I particularly liked the chat line so you could enjoy the feedback with other bidders and in the auction room. I bid for – but didn’t get – my favourite apartment which went for about $220,000 and then when I saw my second favourite sold I thought I had to get in there. I think looking back I would rather have paid $10,000 more to get the one I wanted but ours was a great price, and far less than the mid to high $200s we were expecting to pay. Sotheby’s have been very efficient and allowed us 60 days to complete so we are looking forward to going over to Florida in March to see it when we can finalise all the paperwork. We plan only to use the apartment for holidays with family and friends and have no intention of renting it out."
All 27 apartments at Lely Landings sold under the hammer – either from online or from attendees at the auction which was held on January 19th at the property. The lowest successful bidder bought unit 403 -a 1650 sq ft 3-bed, 2-bath apartment with garage for $174,400 (£87,200). All apartments have three bedrooms, two bathrooms, fully-fitted kitchens with granite work tops and custom hardwood cabinets and stainless steel appliances. The apartments also include tiles and fitted carpets, an integral garage, and 10 year structural warranty. Lely Landings is set on a 3.4 acre estate four miles from downtown Naples and three miles from the beach.
NEW SMYRNA BEACH AUCTION
Brian and Debbie Gill from Leamington in Warwickshire successfull for a 6th floor three bedroom apartment at Oceanwalk Condominiums on the south beach area of New Smyrna Beach, Florida. The condo has all the appliances included, upgraded quality carpets, tiles, undercover allocated parking and lock up storage room.
New Smyrna Beach is the nearest beach to the world famous attractions of Walt Disney World, Sea World, Epcot Center and Universal Studios just over an hour and fifteen minutes away.
Mr Brian Gill says: "From previous visits to Florida we had looked at properties on the East, the West and Emerald coast but had not seen a development that we felt was value for money. This appeared to provide a good opportunity and was within easy distance from the airports. We were particularly fond of the Cocoa Beach area and have driven up the coast road and knew a little bit about the New Smyrna area. We were not actively looking to purchase but the combination of the American housing slump and good exchange rate stirred our interest.
“We spent some time researching the area (Google Earth was great!) and looking into the properties currently available. This particular site was first started in 2003, and now has a large number of re-sale units available which provide a good assessment of value. We were prepared to bid about 60% – 65% of the original listed price, depending on the unit for sale. When the auctioneers purchase premium (11%) is included, we estimate our unit has cost approximately 66% of the current price being advertised in the latest building they are now selling off-plan.”
Lori Chipps of Stirling Sotheby’s says: “Our January 26th auction was again a complete sell out and from the UK we took 34 inquiries, 5 UK registered bidders and Mr Gill was the only lucky UK buyer. The lowest price paid was $208,000 (£104,000) for a 3-bed condo. The 5 different models sold between $208,000.00 ($228,800.00 with buyer’s premium) and $335,000.00 (357,500.00 total with premium). List prices ranged from $270,000.00 to $450,000.00 depending on the model and floor location.”
The British Homes Group is the no. 1 Florida-based international sales and mortgage brokerage company that specializes in arranging financing for British, European and other ‘Foreign National’ homebuyers in the U.S.
Virginia Cowie, owner and managing director of British Homes Group says: “This is another example of how Florida is developing into a true “Buyers Market” for UK and European property investors. It is great to see Brits taking advantage of the record – or near-record – high currencies versus the US dollar.”
Lee Weaver, director of British Homes Group says: “Industry observers predict that “Foreign National” Florida home and holiday ownership sales will continue to grow robustly this year, reflecting falling prices and rising inventories and the 26-year high British £ and record-high Euro against the dollar. Our multi-currency mortgages for overseas home buyers in Florida make the process of snapping up a bargain even easier!”
Stirling Sotheby’s and The British Homes Group will be holding a third “No minimum, no reserve auction on March 15th of 44 condominiums on the river called “Coastal Creek Condominiums” in Jacksonville, Florida. Units range from 1 bedroom 1 bath up to 3 bedroom and 2 bath. Project details are on www.britishhomesgroup.com and www.stirlingsir.com/auctions/preview.htm or go to www.coastalcreekcondos.com for more information.
Potential buyers can register online at: www.stirlingsir.com/auctions/preview.htm and join in the live auction online or by calling UK freephone 0800 051 8893. For details on financing contact British Homes Group on UK Freephone 0800 096 5989.
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For auction and property details call Lori Chips at Stirling Sotheby’s International Realty on UK freephone 0800 051 8893
lchipps@StirlingSir.com www.StirlingSir.com/auctions
For multi-currency mortgage details call Lee Weaver at British Homes Group at info@britishhomesgroup.com
www.britishhomesgroup.com | www.britishhomeloansflorida.com
0800 096 5989 – Free call from within the UK
Stirling Sotheby’s International Realty had another succesful auction on Saturday that saw all 30 units being sold.
Event: 26th Jan 2008
Oceanwalk Auction
Neighborhood: Oceanwalk
Bedrooms: 3
Bathrooms: 2
ABSOLUTE AUCTION
Saturday, Jan. 26 · 11:00am
No Reserve, No Minimum
Will sell to the Highest Bidders
• Buy 1 or More •
