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contracts: The One That Got Away ~ A Lesson Learned - 12/13/11 01:50 PM
A few months ago I had a buyer looking at homes in a 55+ community named Solivita in Kissimmee, FL. Solivita is a top notch community and there is some pretty stiff competition when trying to get an offer accepted. We saw quite a few homes and made a few offers that were not accepted. Well, we finally found “the one” and made an offer that was pretty generous. The buyers needed financing so their offer was not as competitive as it could have been and they knew that going in. The home was being sold as a short sale and … (8 comments)

contracts: Should Sellers Accept Back-Up Offers On Short Sales? - 10/11/11 01:11 PM
I had a short sale listing in Davenport, FL get under contract and go pending recently. We have had multiple buyers express interest in putting in back-up offers since it went pending. I also had a buyer making an offer on a Lake Nona short sale who maybe didn’t want to allow the sellers to take back-up offers. Both of these situations got me thinking about back-up offers and whether sellers should take them. The short answer is a definite yes. There is no risk to the current buyer if there is a back-up offer and it alleviates a lot of … (12 comments)

contracts: No Really, An Offer Is Not Binding...Hello!!! - 09/21/11 11:56 AM
I had a buyer’s agent call me today and tell me he was upset because we have multiple offers on my short sale listing in Davenport, FL. He called on a Friday and asked if we had any offers (at the time we didn’t) and I told him no. However, the price was just reduced that morning and we would likely have offers come in over the weekend because the new listed price was very competitive. That evening I received his buyer’s offer and called him to let him know I had it and would be forwarding it to the seller.Over … (81 comments)

contracts: One More Thing To Watch Out For When Buying A Foreclosure - 09/07/11 10:56 AM
There are plenty of things that buyers need to be careful of when they are buying a Davenport, Florida foreclosure. But let me just add one more item to the list. An offer is an offer and a contract is a contract. They are not the same thing. An accepted offer becomes an executed contract when both parties have signed all contracts and addenda; and delivery has been made to all parties. The banks (and Fannie Mae) like to do things their own way, and normally that is fine. But when “their way” puts the buyer in a position where they … (9 comments)

 
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Nathan Tutas

Davenport, FL

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Tutas Towne Realty, Inc.

Address: 628 Grand Canal Dr, Poinciana, FL, 34759

Office Phone: (407) 870-3581

Cell Phone: (407) 870-3581

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