Eileen Maneely Orlando Real Estate

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Many of us just received our notice of proposed taxes and assessments for our homes in the mail. Why am I not surprised? Market value is down according to the Orange County Property Appraisers office by 18% from last year yet the assessed value (the taxable value) is UP. How do they get away with this? Well because under Save Our Homes they are allowed to raise the assessed value up to 3% a year even though people are hurting financially, and  unemployment is a huge problem. This is because the assessed value is still way below the market value.

I'm sorry but I think it is unreasonable and mean spirited to raise taxes during an economic recession. They should be lowering our bills; not raising them! I think each and every one of us should complain to the Property Appraiser's office. Their phone number is 407 836-5044.  

Sorry if I sound irritated but I AM!

Live Oak Estates, Orlando  -  The single story at 12060 Rambling Oak Blvd. has been sold.

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Live Oak Estates, Orlando  -  We invite everyone to visit our open house at 12049 Rambling Oak Blvd. on April 14 from 11:00 AM to 1:00 PM.

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Don't be overly concerned if there are many short sales being marketed in a neighborhood where you are shopping for a home. I believe, if it is in a good area with good growth potential as in the areas surrounding the new Medical City in Southeast Orange County, it can be a great opportunity for a bargain buy and a wonderful investment. In this case the fact that a neighborhood has many short sales is more a function of the fact that it was initially sold during the peak of the real estate cycle in 2005 or 2006 than anything else. Since the whole neighborhood was sold at that time the initial investment was high and when prices dropped to today's levels many owners found they owed more than their properties were worth. Thus the short sale or foreclosure. Remember real estate vales are cyclical but I believe that overall in the long term they will continue to grow.

Executive Pool Home On 1 Acre!

• 2,437 sq. ft., 2 bath, 3 bdrm single story - $449,900 - New Low Price!

Live Oak Estates, Orlando  -  Executive Pool Home in Prestigious Live Oak Estates Situated between the Lake Nona Medical City Development and Innovation Way Expansion yet just a bike ride to Moss Park & Lake Mary Jane Chain of Lakes. All this on a 1+ acre corner lot. Over Sized, Private Screened Pool, Waterfall & Spa with Solar Heat and Ionization System. Open Plan with 14 Ft + Ceilings & Spacious Rooms all with Light Filled Outdoor Views. Additional Features Include: Split Plan surrounding the focal pool with Large Lanai, Pool Bath, Indoor Laundry, & Luxury Master Suite. Chefs Kitchen with all new stainless appliances, breakfast bar and large breakfast room. Living room with beautiful view of courtyard, Dining room with cathedral ceiling and large palladium window overlooking courtyard, Large Family room with triple French doors overlooking pristine pool. Family room with full masonry brick fireplace & Built Ins. Plantation shutters throughout. Lovingly Remodeled! Convenient to Airport, A Rated Schools, Y M C A, the Attractions, & the Beaches. Bring your Buyers!

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