The Bottom Line
by Charlie Brenner, CCIM 
 
June 2010
  
Real Estate Taxes...It's Time to Review!
 
Both Orange and Seminole Counties have now posted their "working values" for your property.  It is NOW TIME to review your assessment value on all your real estate. There has been a downward adjustment on assessed values on most properties. This should be 5%-15% lower than 2009.

If you have commercial properties in Orange or Seminole Counties and would like me to do an opinion of value on them, please call me at (407) 677-1700.  I do not charge any upfront fees to do this, and if I feel that your property assessment is too high, I will appeal your case for you.  I do not take on any and all properties, only Commercial parcels that are within Orange or Seminole Counties.
 
After you have read this newsletter, review your 2010 working values on your county property appraiser website by clicking below:
 

You will not get your official notification of assessment until August, and then you have about six weeks to get it resolved or seek a hearing with the Value Adjustment Board. I was successful in reducing client's tax assessments by over $2,500,000 in 2009. I believe this year there will be a continued over-assessment on some properties because of the current real estate market. 
 
If I can help, call me at (407) 677-1700
 
 
  Featured Listing
 
 Fully Furnished Office for Lease/Sale
  (In the Winter Park Commerce Center)
3586 Aloma Ave, Suite 12
Winter Park, FL 32792
 
Monthly or Annual Lease
 
READY FOR IMMEDIATE OCCUPANCY!
Featured Propery - June 2010
 
*   Fully furnished including desks, tables and chairs for conference room, private offices, modular cubicles, phone system and utilities
 
*   1,086 Square Feet
 
*   Excellent Parking
 
*   Convenient Access to S.R. 436 and 417
 
*   Two Private Offices
 
*   Individually Controlled AC and Private Bathroom
 
*   Lease: $1,275/month or Buy: $199,000 
 
For more information, visit:
or Call (407) 677-1700 
 
Governor Signs Legislation Which Includes 'Distressed Condominium Relief Act'
 
Effective July 1, 2010 bulk buyers will have some immunity when purchasing condo units.  A "bulk buyer" is also a party who acquires more than seven (7) units, but does not receive an assignment of developer rights other than the right to:  

1. Conduct sales, leasing and marketing activities within the condominium.
2.  Be exempt from making working capital contributions as a result of the bulk purchase, and
3.  Be exempt from any rights or first refusal held by the association and otherwise applicable to subsequent transfers of title from the bulk owner.
 
Want to learn more?  Call Charlie Brenner at (407) 677-1700.
 

Additional Information 

Recent issues of The Bottom Line included information on:
  • Prepare Now for 2010 Tax Savings
  • Good News About Commercial Property Insurance
  • When the Commercial Real Estate Market is Predicted to Hit Bottom
  • Reducing Your Commercial Property Taxes
  • How to Avoid Foreclosure

Click here to view those articles.

 
About C. Brenner Realty 
 
Founded more than 30 years ago by award-winning commercial real estate broker and company president Charles E. Brenner, C. Brenner Realty is one of Central Florida's leading commercial real estate brokerage companies.  Equipped with the knowledge and expertise to help clients successfully buy, sell or lease commercial real estate, C. Brenner Realty offers outstanding service delivered with the highest ethical standards.  With a results-driven approach, C. Brenner Realty gets the job done using a comprehensive
Commercial Marketing Plan and the personalized attention you deserve.  To learn more about buying, selling or leasing commercial real estate, please visit www.cbrenner.com or call (407) 677-1700.
 
 
 
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Get Listed!
Call (407) 677-1700
 
In This Issue
Real Estate Taxes Review
Featured Listing
News Brief: New Legislation
Past Newsletter Issues
About C. Brenner Realty
 
 
 
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Charlie Brenner
 
C. Brenner, Inc. 
 
 
407-677-1700
 
Check out
Listings 
 
 IMPORTANT DATES
 
JANUARY 1
2010 Valuation Determined
 
JUNE/JULY
2010 Proposed Tax Assessments Available Online
 
 AUGUST 20
 
2010 Proposed Tax Assessments Mailed 
 
  SEPTEMBER 13
 Last Day to Petition
for 2010 Tax Reduction 
Don't Miss Other Important Updates
Join Our Mailing List
 
 
 
 
 
 
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As Easy
as SBA!
 
BankFIRST is Now Offering:

SBA, Commercial and Real Estate Loans

Headquartered in Winter Park with local decision-making
 
 Contact the Goldenrod branch of BankFIRST for more information on the SBA Loans 
 
Dave Felker
 
David Felker
407-677-9779
 
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