A forum for buyers, sellers and current homeowners alike
For Immediate Release
A forum for buyers, sellers
and current homeowners alike
The first-ever Orlando Foreclosures Expo will feature experts who will offer guidance and education to first-time real estate investors, home buyers and those facing foreclosure
Orlando – Financial experts agree that the real estate market – and the economy as a whole – will not improve until the inventory of available homes shrinks. Because of the abundance of foreclosed homes on the market, today is an ideal time for seasoned real estate investors, and first-time home buyers and investors, to buy properties. These factors are among the reasons why the inaugural Orlando Foreclosures Expo is a timely event.
When the Expo (www.foreclosuresexpo.com) takes place from February 7-9, it will bring together for the first time a diverse group of individuals and companies that work with foreclosures and short sales under one roof to network and educate. Homeowners who are facing foreclosure can speak to investors interested in buying properties, and professionals who can provide them with options if they want to sell their house, or remain in it and avoid foreclosure. First-time investors and seasoned investors can meet real estate wholesalers, brokers and agents who have a multitude of bank-owned properties at below-market rates.
“The Orlando Foreclosures Expo is being held at the exact time it is needed for anyone involved in buying and selling foreclosures, short sales and distressed properties,” said Mary Abrams, who is a sales executive with Stirling Sotheby’s International Realty in Orlando and a certified short sale specialist and foreclosures expert. Abrams will be an exhibitor and a speaker at the event, talking about how to sell short sales and how to buy, rehab and finance foreclosures. “Importantly, the Expo will give visitors access to professionals who have a high level of expertise in buying and selling real estate.”
Phil Peachey, who is founder and organizer of the Expo, agrees with Abrams that the time is right for an event like this.
“There is undoubtedly a great need for an event like this,” Peachey said. “It will benefit every professional associated with the foreclosure industry, and it will also help those people who are trying to avoid foreclosure.”
Foreclosure statistics remain staggering. According to the National Association of Realtors, current market conditions indicate that one of out 105 properties in Orange County is in foreclosure. In Lake County, the number is one out of 247, in Seminole County it is one out of 236 properties and in Osceola it is one out of 101.
After a 13-year boom from 1992-2005, the real estate market experienced two years of instability and then a crash in 2008, Abrams explained. In 2009, the inventory of available homes will start to drop, Abrams believes, which is a key to stimulating the real estate market and the economy. Abrams thinks there will be a full market recovery in 2010.
“Considering the current market conditions, this is obviously a good time to buy properties,” Abrams explained. “If you are a first-time home buyer or investor, it is important to become well-equipped with knowledge and information so you can make an educated decision.”
According to Yahoo.com, 42 million individuals will be willing to buy or sell properties when they reach a comfort level of confidence in the market. However, Abrams points out, since many people don’t understand how to enter market, they are less apt to be a part of it.
“Real estate is still a sound investment,” Abrams said. “Like any investment, though, it is important to understand how to proceed. This is why the Expo will be such as valuable forum because it will be buzzing with resources and expert guidance for buyers, sellers and current homeowners alike.”
###
Media Contact:
Jeff Louderback
407-474-6149
jlouderback@cfl.rr.com
The Orlando Foreclosures Expo
February 7th and 8th
http://www.foreclosuresexpo.com
A forum for buyers, sellers
and current homeowners alike
The first-ever Orlando Foreclosures Expo will feature experts who will offer guidance and education to first-time real estate investors, home buyers and those facing foreclosure
Orlando – Financial experts agree that the real estate market – and the economy as a whole – will not improve until the inventory of available homes shrinks. Because of the abundance of foreclosed homes on the market, today is an ideal time for seasoned real estate investors, and first-time home buyers and investors, to buy properties. These factors are among the reasons why the inaugural Orlando Foreclosures Expo is a timely event.
When the Expo (www.foreclosuresexpo.com) takes place from February 7-9, it will bring together for the first time a diverse group of individuals and companies that work with foreclosures and short sales under one roof to network and educate. Homeowners who are facing foreclosure can speak to investors interested in buying properties, and professionals who can provide them with options if they want to sell their house, or remain in it and avoid foreclosure. First-time investors and seasoned investors can meet real estate wholesalers, brokers and agents who have a multitude of bank-owned properties at below-market rates.
“The Orlando Foreclosures Expo is being held at the exact time it is needed for anyone involved in buying and selling foreclosures, short sales and distressed properties,” said Mary Abrams, who is a sales executive with Stirling Sotheby’s International Realty in Orlando and a certified short sale specialist and foreclosures expert. Abrams will be an exhibitor and a speaker at the event, talking about how to sell short sales and how to buy, rehab and finance foreclosures. “Importantly, the Expo will give visitors access to professionals who have a high level of expertise in buying and selling real estate.”
Phil Peachey, who is founder and organizer of the Expo, agrees with Abrams that the time is right for an event like this.
“There is undoubtedly a great need for an event like this,” Peachey said. “It will benefit every professional associated with the foreclosure industry, and it will also help those people who are trying to avoid foreclosure.”
Foreclosure statistics remain staggering. According to the National Association of Realtors, current market conditions indicate that one of out 105 properties in Orange County is in foreclosure. In Lake County, the number is one out of 247, in Seminole County it is one out of 236 properties and in Osceola it is one out of 101.
After a 13-year boom from 1992-2005, the real estate market experienced two years of instability and then a crash in 2008, Abrams explained. In 2009, the inventory of available homes will start to drop, Abrams believes, which is a key to stimulating the real estate market and the economy. Abrams thinks there will be a full market recovery in 2010.
“Considering the current market conditions, this is obviously a good time to buy properties,” Abrams explained. “If you are a first-time home buyer or investor, it is important to become well-equipped with knowledge and information so you can make an educated decision.”
According to Yahoo.com, 42 million individuals will be willing to buy or sell properties when they reach a comfort level of confidence in the market. However, Abrams points out, since many people don’t understand how to enter market, they are less apt to be a part of it.
“Real estate is still a sound investment,” Abrams said. “Like any investment, though, it is important to understand how to proceed. This is why the Expo will be such as valuable forum because it will be buzzing with resources and expert guidance for buyers, sellers and current homeowners alike.”
###
Media Contact:
Jeff Louderback
407-474-6149
jlouderback@cfl.rr.com
The Orlando Foreclosures Expo
February 7th and 8th
http://www.foreclosuresexpo.com
posted by Totally Florida Staff at
3:54 PM
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