Central Florida Short Sales: October 2009

Kissimme Holiday Villa For Sale. 20 minutes to Disney

Kissimmee Florida Short Sale. Listing price may not be sufficient to cover all encumbrances, closing costs, or other seller charges and sale of property at full listing price may be conditioned upon approval of third parties. Centrally located. Vacation rentals are OK. Very good unit for the price. Close to downtown Kissimmee. 25 minutes to Disney World and the Airport. This is a short sale and does require patience. Please only qualified buyers.

 

Do you need help selling your Florida Short Sale? Central Florida Short Sales

Florida Property search

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

Short Sales for Foreign Owners. Do they make sense?

Join Tutas Towne Realty, Inc

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.

  •  What recourse would the lenders have on a foreign investor?
  •  How would it affect his credit? 
  •  Is there any advantage at all for a Foreign owner to go through the Short Sale process.

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

 

A day in the life of a Florida Short Sale Agent

Florida broker 407-873-2747

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

 

 

Short Sale Approval letters

Tutas Towne Realty, Inc

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:

  • Wells Fargo Short sale Approval
  • Green Tree Short Sale Approval
  • HomEq Short Sale Approval
  • ASC Short Sale Approval
  • 1st Horizon Short Sale Approval
  • PNC Bank Short Sale Approval

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?

Short Sale Approvals

Florida Property search

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

 

Tired.

tired broker

Tired of looking at the same files for months on end.

Tired of buyers getting antsy and walking from their short sale contract after only 3 weeks!!

Tired of selling the same properties over and over and over again.

Tired of calling BofA every week just to hear the same "no updates" every time

BUT.......I will git 'er done!!!

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

 

Difficult times create extraordinary opportunities for those that evolve.

The future of Tutas Towne RealtyAs most of you know our son Nathan was discharged from the Marine Corp last month after serving for 13 years. He and his wife of 13 years and their 4 children have moved directly across the street from TLW and I.

To say it has been awesome would be an understatement.

And as if it couldn’t get any better, Nathan just passed the Florida State Real Estate licensing test on Friday, paid his REALTOR® and MLS dues today and is now the newest addition to the Tutas Towne Realty empire team!!!

I am so excited I can hardly stand it.

Nathan is going to be my right hand man in anticipation of taking over the business in the not too far future. Nathan was a Staff Sergeant in the Marine Corp and is more than capable of handling all aspects of our business.

Our immediate goal is to get Nathan up and running with handling some of my administrative duties and working with International Investors who are purchasing Florida Holiday homes near Disney.

He will also be working with me on listing, selling and negotiating Short Sales in the Central Florida area.

This will free up my time so I can concentrate on our longer term goal of expanding Tutas Towne Realty throughout the state of Florida via TTRealty Network. TTRealty Network is our virtual training site for Florida REALTORS®. This site is in it’s infancy but will eventually have training materials available for all aspects of Florida Real Estate.

REALTORS® can hang their license with Tutas Towne Realty, Inc or they can just access the training materials for a small monthly fee. Our goal will be to help REALTORS® throughout the State become better at what they do.

Tutas Towne Realty is a virtual real estate office. We only want REALTORS® who are disciplined enough to work from their homes. You will still have complete Broker support it just won’t be face to face. If you are interested in a new way of doing business let me know. We are hiring NOW!

And of course all of this ties in very nicely with my partnership with Wendy Rulnick and......

www.ShortSaleSuperStars.com and our  Short Sale Agent Training.

Folks these are exciting times for me. The recent difficulties in real estate have forced me to change the way I think about my business. Changing the way I think has opened up doors I never would have even thought of 3 years ago. I have evolved am evolving.

I’m starting to feel rejuvenated and motivated again. Adversity is bringing out the best in me.

I truly hope that you too are evolving. These are interesting times that we are in. They will either make you or break you. Which one will it be?

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