Tutas Towne Realty specializes in the listing and selling of Short Sales and foreclosures (REOs) in the Central Florida area.
Since most of these properties are sold over the Internet sight unseen we try to capture the essence of the properties by use of numerous pictures and video tours.
Touring foreclosures in Central Florida is always an adventure. You just never know what you will find. Folks facing foreclosure have a tendency of taking out their frustrations on the property. I’ll never understand why.
Anyway…..here’s a little tour I did today on a Poinciana Foreclosure. Enjoy.
Need help buying or selling real estate in Central Florida? We can help.
Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com
http://ShortSaleSuperStars.com
Are you a Florida REALTOR(R) looking for a change? Check it out.
CENTRAL FLORIDA REALTOR(r) OPPORTUNITIES
Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved
Hi folks. I received a very interesting email today. Here it is:
Bryant,
I'm English, live in China, and have NO USA contact except I own an investment home in Davenport. Loan is 220k, worth maybe mid-100's. Do I walk (non-recourse…remember, I’m in China!) or short sell? Appreciate your advice..
Interesting question to say the least. And honestly I’m not sure how to respond. His question brought up a whole bunch of new questions in my head.
My market area is about 20 minutes to Disney and this issue is going to be coming up quite frequently.
Richard Zaretsky wrote a post last year about Short Sales and FIRPTA that you may find interesting as well.
Short Sales are not always straight forward transactions. It’s extremely important that we don’t use cookie cutter responses like “A short sale is far better than being foreclosed on”. Is it?
I need answers. Do you have any?
Available Short Sale Agent Training:
Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com
http://ShortSaleSuperStars.com
Are you a Florida REALTOR(R) looking for a change? Check it out.
CENTRAL FLORIDA REALTOR(r) OPPORTUNITIES
Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved
Bryant,
Seller is XXXXX Dromedary Court, Kissimmee 34759. Please send me the listing paperwork and a CMA. I have everything else. We also have new paperwork for you as an agent, the agreement to negotiate as a 3rd party. I’ve attached everything above. Let me know if you have any questions.
Thanks, Amy VP: Short Sale Division
Bryant,
I spoke with XXXXX today and we discussed the short sale conditions in further detail.
If he agrees to bring funds towards closing and signs an interest free promissory note over 5 years then we should be able to negotiate this deal.
I have received the most recent offer for $103K however would prefer to have a higher non-cash offer provided. Our last appraisal has expired and I will be ordering a new one today and they generally take about a week to return. Once returned I will be in contact to follow up to see if this offer for $103K will be accepted.
Thanks ING DIRECT || Retail Asset Managment
Bryant,
I am in receipt of the short sale offer for this property. Thank you for a lovely short sale package. It appears to be pretty complete. I’ll dig into it more when I have the bpo results. Has the pkg been submitted to BOA? I am ordering the IBPO now. What number do you want me to give them for access?
Thanks and look forward to working with you.
Amy- 3rd Party Loss Mitigation Specialist GMAC ResCap
Bryant,
I would like to express my sincerest gratitude for all the work you have done in selling my house. From the moment I spoke with you, you went to work providing me detailed information and guiding me through the process. Whenever I called you with questions, you patiently answered promptly and kept me informed every step of the way. I was delighted at the level of professionalism you showed by so actively working to sell my house. Your persistent efforts surpassed my expectations when you sold my house within several months. Thank you for making this a positive experience!
Sincerely, Jeff
HEY BRYANT SORRY TO INFORM THAT BUYER IS WITHDRAWING OFFER ON 158 ARGYLE GATE LOOP RD. DUNDEE.
Need help with your Central Florida Short Sale?
Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com
http://ShortSaleSuperStars.com
Are you a Florida REALTOR(R) looking for a change? Check it out.
CENTRAL FLORIDA REALTOR(r) OPPORTUNITIES
Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved
Hi folks. Ever wondered what your Short Sale Approval will look like? Wonder know more. I have embedded several Short Sale approvals that I recently received for my sellers. These will give you an idea of what to expect when you sell your Central Florida Short Sale.
I have included:
I have also included a sample Promissory Note. Folks, if you need help avoiding foreclosure in Central Florida then give me a call. I CAN help. OK?
Available Short Sale Agent Training:
Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com
http://ShortSaleSuperStars.com
Are you a Florida REALTOR(R) looking for a change? Check it out.
CENTRAL FLORIDA REALTOR(r) OPPORTUNITIES
Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved
REALTORS(R) created the bubble and we are the reason the bubble burst.
REALTORS(R) sold houses to anyone that could breathe because we are money grubing theives.
REALTORS(R) give bad advise because all we care about is our commission.
REALTOR(S) are the root of all evil!!
Or so some would want you to believe.
Especially the "bubble heads". They feel that we were out there setting prices higher and higher because the Buyers would pay it. There is some truth to that but the price was dictated by the market, not REALTORS®.
I can remember, in 2005, going back and forth with Sellers on where to price their house. They would want to price $20,000 higher than the last sale and as hard as I tried, I couldn't talk them out of it, so we listed it. It would sell in a matter of days at their price!!! Then the appraisal would come in too low and the Buyer would agree to pay the difference.
The market was pulling values up with me kicking and screaming!! So I did what any good REALTOR® would do......I listed and sold a lot of houses.
Now we have the opposite problem. Most of the inventory, in my market, is either a short sale or a foreclosure (REO). With a short sale the seller doesn't care about the price and with a REO the lender just wants to unload the property as quickly as possible.
In both cases the properties are being priced as low as needed to create bidding wars. Sellers are not interested in the highest price they are interested in selling quickly.
The market is pulling values down with me kicking and screaming! So I do what any good REALTOR® would do......I list them and sell them.
Our job is to list and sell property at a price that the market wants. We have NO control over what that price is. We cannot manipulate the market.
We don't control property values. They are controlled by the market. When properties are scarce Buyers are willing to pay just about anything to get a home. When properties are abundant, Sellers needing desperately to sell, will price as low as they can to get their house sold. And there is nothing a REALTOR® can do about it.
It's just simply "supply and demand". What say you?
Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com
http://ShortSaleSuperStars.com
Are you a Florida REALTOR(R) looking for a change? Check it out.
CENTRAL FLORIDA REALTOR(r) OPPORTUNITIES
Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserv
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Give me a try for professional and attentive service. My 15 years experience and good "Old fashioned" hard work will fulfill your Real Estate needs. My wife is expensive and I can't afford to lose!:
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