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We are the vacation homes &
Foreclosures experts in Disney Orlando!
Number 1 Broker LLC is a professional, full service, real estate company conveniently located in Celebration, Orlando Florida, the heart of the world's #1 vacation destination. After 10 years in the ever challenging vacation homes business in Disney areas, we (click to meet our team leaders) have formed one of the largest networks of agents in Europe and America with over 800 active agents worldwide. We are leading the way for overseas and domestic home buyers to own a place in the sun. Number 1 Broker prides itself on being a complete one stop shopping experience for vacation home buyers and sellers. We provide services in Buy and Sell, Mortgage, Property Management, Rental Marketing, Title and Escrow for all of our clients.

1. Click here for our step by step guide on how to make $100k out of $65k in one year. Foreclosure properties in Emerald Island Resort, the best of the best Disney Resort community.
2. Click here for our hand-picked Pre-construction Opportunities of Vacation Homes in Disney/Orlando areas.
3. Click here for our featured Re-Sale Listings of Vacation Homes in Disney/Orlando areas.
4. If you want to sell your home, click here for Free Instant Market Analysis New and Free! You get an instant analysis on the RE market you choose in your email in seconds. This tool will send you market updates regularly after you using it. The report will mark all the ACTIVE and SOLD listings in the interactive google map (Road/Aerial/Hybrid format) and will provide statistics on average price, selling time, Asking Price vs. Selling Price analysis. This tool is free and powerful!
Instant Market Analysis
Please fill-in the short form below, you will get a real-time market analysis in your email in seconds. This tool will send you market updates regularly after you using it. The report will mark all the ACTIVE and SOLD listings in the interactive google map (Road/Aerial/Hybrid format) and will provide statistics on average price, selling time, Asking Price vs. Selling Price analysis. This tool is free and powerful. Please click on the "View Sample Analysis" at the bottom of the form for a peek.
-Mike Qiao, Owner/Broker
Why Buy it Now?
1. Price lower than cost: The listing price is at $100-$150/sqf for fully furnished, pool Single Family Homes. it is lower than the construction plus land costs to build the same house now (cost of new house without making money is $115sqf+$40/sqf=$155/sqf). Panic sales brings down the price dramatically and we see this rare chance to buy at great price. One of our featured golf course commnities is selling their new constructions with granite countertop, 42 inch cherry cabinet house for $90/sqf with 10 miles to Disney. That is even lower than those in Dallas, Texas.
2. Mortgage Rate is low. You will see mortgage rate going up for the next 1-2 years by 100BPS (1%) due to increasing price of Equity (which presses the Bond price down, Bond yield up and long-term mortgage rate up) for the rest of the year. Lower short-term rate will be kept low as well due to Fed's extremely low over-night lendening rate (2% right now). Please be noted that on a $200,000 loan, an increase of 1% on rate costs an additional $131/Month and $47,340 over the life of the loan. On a $400,000 loan, the numbers are $263/Month and $94,680 respectively. In another word, you will not be better off if you purhased a property $47,340 cheaper then today assuming the rate will be up by 1%. The odd of lower price further down the road is around 20% per my view for Vacation Homes not Residential homes. The odd for regular residential homes of further price drop is higher than 50% per my view due to its still high price point (people are not rushed to sell in Residential market and hence the price drop is very limited).
3. You have the Bargain Power with so many inventory homes on the market and deperate sellers. The sellers are more willing to negotiate with low ball offer in these days.
4. Amendment 1 to Propety Tax Legislation will make the buyers to buy. This newly passed legislation will allo buyers to take their Save Our Homes tx savigns tiwht them then they move. This will motivate more seller of their current home and boost the buying interest on the Real Estate market.
5. I worked for UBS-Investment Bank for 6 years before I started these business ventures. One the of trading theory is Contratrian. When owners are selling like crazy and buyers are staying on the sideline, that is the time to buy. When your wife tells you to buy a house in Florida, it is the right time! When your neighbor tells you to buy, you should be cautious! When your landscaper tells you to buy, you should sell if you bought already!
Everyone is smart, the only difference between smart decision and not that smart decision is whether the buyer is better informed or not. Do your due deligene and ask us for an honest 2nd opinion to double check the accuracy of your conclusions. You should ask yourself before taking any actions:" I know it may or may not be the best price, but is it a good time to take some Real Estate positions looking at one year down the road?". If you are still looking for the perfect timing to buy vacation home, you will never get it.
-Mike Qiao, Owner/Broker
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