Orlando, FL, June 08, 2013 --(PR.com
)-- Francisco Orchilles and the Orchilles Realty Group with Keller Williams Classic Realty, recently helped first time home buyers purchase a property in the Cypress Lakes neighborhood. The community is located in the east side of Orlando near Avalon Park and the University of Central Florida. The Orlando Realtor helped the first time buyers understand the competitive market that they found themselves in and, with the help of the Orchilles Realty Group, found them a home within a week.
In recent months, the Orlando real estate market has shown signs of improvement, especially in sought after areas like Avalon Park and the east side of Orlando. Many first time home buyers enter the market without knowing that Orlando is currently in seller’s market, where the demand for homes for sale in Orlando exceeds the supply of inventory. Without the help of experienced real estate professionals like the Orchilles Realty Group, first time home buyers may find it difficult and frustrating to search in the current Orlando real estate market.
When the family saw their first homes for sale in the east Orlando area, they fell in love with the Cypress Lakes home and opted to put in an offer. The home has 4 bedrooms and 3 bathrooms with a pool. Since the Orlando real estate market is so competitive, they asked Francisco Orchilles with the Orchilles Realty Group to write an offer immediately.
The Orlando property was listed for $250,000. Francisco Orchilles suggested that they offer the full list price since he believed that the home was worth more than it was being sold for. The appraisal came in higher than the purchase price and the first time buyers were excited about starting their life in their new home with equity.