Bella Vida (Kissimmee, FL)
By Mark Horan, "The Resident Chef" - Resident Team Realty LLC &
(Resident Team Realty, LLC & Toni's Property Management LLC)
  Real Estate For Sale in Bellavida Resort, Kissimmee, Florida   .     Real Estate For Sale in Bellavida Resort, Kissimmee, Florida is a gated community located in West Kissimmee just off North Poinciana Blvd. This location is close to shopping and accessing major roads. Walt Disney World Resort is within minutes and has great occupancy. Close to Hwy 192, Osceola Parkway, and I4 which makes easy access to all theme Parks and Downtown Orlando.     Bellavida Resort is built around a 15 acres of lakes. This resort has 24 hour gated security and offers many amenities: Volleyball and Basketball Courts 6,700 square foot clubhouse with game room. Walking Trails Bocce ball Two Large Swimming Pools, Children's Pool, and Hot Spa. Arcade Children's Playground   Vacation Villas with as many as 6 be...
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Generally, foreign national do not incur any additional costs for purchasing and owning property than do U.S. citizens or legal residents. However, a few special rules apply, and you should be aware of their financial impact. Obtaining a Mortgage Loan Higher standards are applied to Foreign Nationals who wish to finance their home purchase. You can expect to obtain a loan of between 60 and 75 percent of the purchase price. Also expect additional loan-related costs totaling between 3 and 6 percent of the loan amount. More favorable loan terms are given if you intend to use the property as a personal residence for you or family members rather than as an investment property leased to tenants. County Property Taxes Owners of residential property are required to pay property taxes to the cou...
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By James Mitchell
(Charles Rutenberg Realty)
My client just called to get my opinion about a mortgage. I told him I'm your REALTOR not a mortgage lender.  He said thats OK he values my opinion.  His question was that the mortgage broker was pushing a  mortgage that is a 90 day adjustable based on foreign currencies.  I said that I have zero knowledge about this but I can comment on what type of mortgages I get for myself and investment properties.  I look for a 5 - 10 year mortgage fixed with no pre-payment penalities.  If the rate goes down a point or more then I may refinance.  If it goes against me I am fine with the fixed rate.  Do you really have time to shop for mortgages every 90 days?  I must have made some sense, he agreed with me.  I did tell him if you don't understand it don't do it.
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Kissimmee, FL Real Estate Professionals