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Orlando, FL

HUD SHELLS OUT $49 MILLION IN FLORIDA

02-13-12
Tom Songer
Tom Songer: Real Estate Agent in Orlando, FL

HUD AWARDS FLORIDA HOUSING AUTHORITIES $49.6 MILLION http://1.usa.gov/ySxjMR MIAMI, FL - U.S. Department of Housing and Urban Development Secretary Shaun Donovan awarded today public housing authorities in Florida $49,658,600 that will be used to make major large-scale improvements to their public housing units. See detailed list.

Thank you, God...Owen Johnson has a ride

Dennis Burgess- Orlando's Best Property Manager and Realtor: Property Manager in Mid Florida, FL

Thank you, God...Owen Johnson has a ride

Thanks

Thank you, God...Owen Johnson has a ride

...and Thank You Cox Enterprises, Greg Greenbaum and Atlantic Aviation. And a hearty, Conservative Thank You to The Talkmaster, Neal Boortz.

I'll add just a small bit of commentary here- as the notes from this morning's Neal Boortz Show say just about all there is to say. What the show notes don't say, the photo of a smiling Owen Johnson surely does: a sweet, innocent little boy that just wants to breathe. He just wants to breathe....

I've never met Neal Boortz, but I listen to him every morning here on Orlando's WDBO. I've never met Greg Greenbaum. In the interests of full disclosure, I do have a cousin with a radio show that's part of the Cox Media Group- but that's got nothing to do with the great thing they're doing here. And I'd never heard of Atlantic Aviation until a bit ago...

...but here's hoping that all of the folks the Lord is using to help little Owen will be forever blessed for doing so.

Thank you, God...Owen Johnson has a ride

http://www.boortz.com/weblogs/nealz-nuze/2012/feb/13/help-needed-my-general-aviation-friends/#comments

Owen Johnson

Thank you, God...Owen Johnson has a ride

Housing affordability was the most favorable on record in 2011

02-12-12
Tom Songer
Tom Songer: Real Estate Agent in Orlando, FL

Percentage of income Proportion of median pre tax household income required to cost to service the cost if mortgage payments (PITI)

http://t.co/NGiRoLAH

Search Orlando Fl Condominiums For Sale

02-11-12
Tom Songer
Tom Songer: Real Estate Agent in Orlando, FL

Get every listing i.e., photos, details, layouts and prices on the MLS click here! http://www.skylivingorlandoproperties.com

A Few Thoughts That May Help You Get Paid On Your Short Sale Transaction

Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc: Real Estate Brokerage in Poinciana, FL

BB's big headHi folks. OK so I feel compelled again to write about Short Sales and knowing how to get paid. There is so much bad information out there.


There are many agents, brokers, attorneys, negotiators and others that are just adamant that agents are at the mercy of the lenders when it comes to commissions.


I read an article on another site where the agent asked a simple question wanting to know if his seller could pay him additional commission above the 6% the lender approved.


Responders were shocked that he would even consider taking more money from his “distressed seller” others stated is was illegal or a violation of RESPA and no lender would EVER allow it.


I guess my questions are:

  1. Why do so many agents not understand how to get paid?

  2. Why do so many agents believe RESPA has control over every transaction?

  3. Why do agents assume all short sale transactions are from distressed sellers?

  4. Why do agents believe lender guidelines are laws?

  5. Why do so many agents not know how to negotiate?

Here’s what I suggest.

  • Seek legal advice from a competent attorney in your State to see what you can and can’t do. Make sure the attorney can back up his opinions by case law. Remember attorneys are also giving you an opinion. It may be wrong.

  • Ignore most of what NAR and our local boards say about short sales. Their job is to err on the side of caution to protect REALTORS(R). Their opinions and suggestions may very well be harmful to your customer/clients and your pay check..

  • Always verify. Ask to see the law. Then read it an form your own opinion.

  • Know when RESPA applies and when it doesn’t.

  • Understand the difference between laws, guidelines, suggestions and opinions.

For example, this blog article is my opinion based on my research. Don’t take my word for it.


Folks, your ability to help people with their Real Estate needs is greatly limited if you don’t become a student of Real Estate. Do your own research and figure out a business plan that works of you and your customer/clients. You may be surprised to find out what you can do. What say you?


Are you facing foreclosure in Florida?

Contact Bryant Tutas

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

The BIO for Bryant Tutas

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