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Keller Williams Classic Realty

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A Traditional Equity Home Sale Was Just Closed in Davenport, FL by Keller Williams Classic Realtor, Francisco Orchilles

The Davenport home was sold in the master plan community of Providence. The gated, master plan community features many different builders active in the Orlando real estate market. Francisco Orchilles sold the home through a traditional equity sale, meaning that it was not a short sale or a bank owned property.

Orlando, FL, March 09, 2013 --( Keller Williams Classic Realtor, Francisco Orchilles, sold the home for a purchase price of $296,000. The home was built by new home builder, Meritage Homes, and is situated on one of the bigger lots in the Davenport community. Originally, the home was listed for $319,900, but Orchilles used his knowledge of the real estate market, strong negotiation skills, and aggressive follow up system to get his buyer’s offer accepted at terms and a price that the home sellers were happy with.

Orlando and the surrounding areas, like Davenport, are popular destinations for out of state and foreign buyers. Many communities and homes in places like Davenport are zoned for short term rentals to encourage investors to buy real estate in these areas. They are usually located somewhere close to one of the major theme parks in Orlando.

Home values in Davenport have been on the rebound in recent months due to low inventory and high demand. Historically low interest rates also help many more buyers enter the real estate market.

Francisco Orchilles, Realtor® | | 407-925-4552 | | | Keller Williams Classic Realty | 5979 Vineland Rd. Orlando, FL 32819
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Keller Williams Classic Realty
Francisco Orchilles

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