FREQUENT QUESTIONS

WHY PURCHASE A HOME IN CENTRAL FLORIDA?
Central Florida offers something for everyone and is suitable for kids of all ages. In addition to outstanding weather, the Sunshine state offers a relaxed lifestyle, a reasonable cost of living, great golf courses and pristine beaches just a short drive away. With Orlando being one of the top tourist destinations in the world, rentals are good throughout the entire year unlike many other destinations with shorter busy seasons.

CAN I OBTAIN OR QUALIFY FOR A MORTGAGE THROUGH GLOBAL REAL ESTATE?
Global has strong relationships with several licensed mortgage brokers that offer a wide variety of programs from various lenders. We continuously shop our brokers to ensure you obtain the best rates and services available.

IN GENERAL, HOW IS THE HOUSING MARKET IN CENTRAL FLORIDA?
Central Florida offers something for everyone . As "baby boomers" age, the demand for Florida real estate will continue to grow. We believe that under the current conditions, this is the best time to purchase Orlando Real Estate.

HOW DOES PROPERTY MANAGEMENT WORK?
Since 1993, our experience in property management Global continues grow and be at the top in our industry. Our process is 'turn-key' and we will customize the right program for each individual homeowner/home. We will handle all the upkeep of the home and design a marketing program that will maximize rentals.

CAN THE PROPERTY OWNER OFFER A DISCOUNTED RATE TO FAMILY AND FRIENDS?
Yes, you may offer whatever rates you choose. For Global bookings, we continually monitor the market for pricing and will strive to get the highest rates possible for our homeowners. However, it is your home and you can set the rate you want for friends and family.

DOES GLOBAL HANDLE PRE-OWNED PROPERTIES IN THE ORLANDO AREA?
Absolutely! In fact, many of our listings are from clients who purchased their property from Global originally.

HOW ARE RENTAL HOMES BOOKED?
Our website, www.globalresorthomes.com, is designed to have our guests choose their own vacation home, which meets their specific needs. Not only does Global market to the public but we also have relationships with tour operators from around the globe who entrust their clients to a Global Managed property. When you purchase a home through a Global Real Estate Agent, you are considered a VIP for property management.

IS THE INCOME SENT TO THE PROPERTY OWNER ON A MONTHLY BASIS?

We provide our owners with a monthly statement showing all revenues and expenses. The net income is sent to the owner on a monthly basis.

WHAT IS THE INITIAL START-UP AMOUNT AND WHAT DOES THAT COVER?
Upon signing your contract, you will need to submit a reserve that will be used on your behalf to pay your regular monthly bills for the rental property. There is an initial set-up fee to perform administrative and maintenance services to get your home in a "rent-ready" condition meeting all the rules and regulations of the State of Florida. In addition, there is a fee for an electronic lock to be installed on the main entrance of your rental property. Please see our property management page for more details.

WHAT ARE YOUR HOME RENTAL RATES AND WHAT ARE THEY DEPENDENT ON?
Our rates are established within trade industry guidelines to keep us competitive and successful. The rates will depend upon the house type, the season the reservation falls into, the reservation source and if there are any applicable discounts. Should your property fall into our Global Grand Collection, it will be marketed at a 15% increase over properties not in the luxury collection.

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