poinciana fl: Poinciana Short Sale Approval From Fifth Third Bank in 16 Days - 09/19/09 06:03 PM
Another successful Short Sale approval in Poinciana Florida.
Property Value: $85,000 to $90,000
Amount owed: $185,000
Hardship: Loss of rental income on several rental properties (this one included)
Loan details: Fannie Mae with Mortgage Insurance
Property was placed on the market on May 8th for $109,000.
The price was slowly … (15 comments)
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poinciana fl: The Cyclical Nature of Real Estate Illustrated. - 07/22/08 02:51 PM
Hi there. In this post I'm going to explore the history of a couple of recent foreclosures (REOs) that have just been placed under contract (pending). I figure this little exercise will give you some incite on the cyclical nature of real estate and property values.
Both of these properties were … (38 comments)
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poinciana fl: There is now help for Florida homeowners! - 07/10/08 04:05 PM
Hi folks. Here's an update on the foreclosure situation in Florida. I read an article earlier today on our Florida Association of Realtors website stating that Florida has 77,000 homeowners in foreclosure!!! This is second only to California.
I also spoke to a loss mitigation negotiator at Countrywide yesterday who mentioned … (15 comments)
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poinciana fl: Are you looking for an affordable home in Poinciana FL? - 06/30/08 04:34 PM
Look no further than this. Large 3 bedroom with over 2100 sq ft living area. Ceramic tile flooring in kitchen and dining room. Solar tinted windows. Very spacious floor plan. Needs carpeting. Folks this is an opportunity to own a large well priced home without waiting on a short sale approval. Sits at … (9 comments)
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poinciana fl: Do you know where your business comes from? - 06/27/08 04:46 PM
Hi folks. Here's a little chart I made today that I want to share with you. I made this so I could see where my business is coming from.
What this chart shows me is that 45% of my business comes from referrals and repeat customers, 35% comes from my … (33 comments)
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poinciana fl: MoJo Risin' in Poinciana FL. - 06/25/08 04:24 PM
Hi folks. This post is about finding your MoJo. As most of you know, my market, Poinciana FL has one of the highest foreclosure rates in the country. I heard it could be as high as 1 in 7 homes. That's about 15%. So needless to say it has … (28 comments)
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poinciana fl: Poinciana Short Sale Deal. 675 Reindeer Dr Kissimme Fl 34759 - 06/11/08 03:22 PM
HOW ABOUT A DEAL TODAY ON A POINCIANA POOL HOME?
$119,000
>
This is a SHORT SALE and will require 3rd party approval. Beautiful pool home with ceramic tile flooring throughout, travertine in the master shower, updated fixtures, solar heated inground pool, family room, heavily landscaped lot, new roof in … (23 comments)
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poinciana fl: Tenants beware. Your cash may be nothing but trash!!! - 06/07/08 04:14 PM
Hi folks. I was on the phone early today speaking with a Legal Process Server, you know, the people that serve foreclosure papers. This server, Tammy, was talking to me about her job and how busy she has been, swamped, was the word she used. According to her she has … (37 comments)
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poinciana fl: Investor Deals and Market Data for Poinciana FL. - 05/20/08 02:31 PM
OK....this one should be fun!! This post is to explore current market conditions in Poinciana FL. Also, this is my opinion of what's happening in the Poinciana FL market and where I think it's heading.
First let's get into some cold hard data. All of this data was pulled from the … (19 comments)
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poinciana fl: Real Estate Investor Opportunity in Poinciana FL. - 05/14/08 03:43 PM
Calling all Investors!! Housing prices in Poinciana Fl. Are low. Real low. In fact, there are about 35 homes, available right now, that are less than $100,000. These are bank owned properties (REOs) and are NOT short sales. This means they can and will be purchased quickly.
A great example is … (27 comments)
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poinciana fl: The Price is Right In Poinciana FL...So Come On Down!!! - 05/12/08 05:25 PM
Welcome to.....The Price is Right! Come on down Poinciana Buyers....we have homes to sell in Poinciana Fl. Not only do we have homes but we have cheap homes. That's right folks CHEAP.
Folks, these are some really nice homes that we are selling in the low $120s. Most are only a … (33 comments)
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poinciana fl: Short sales, 1099s, promissory notes and.......DUH!!! - 05/05/08 03:25 PM
Hi folks. Richard Zaretsky wrote a great post yesterday titled "Back to Basics...a Review on Short Sales". If you haven't read it please take a few minutes to do so. It is a very good perspective on Short Sales from an Attorney.
Richard's post brought up two very good points for … (29 comments)
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poinciana fl: Poinciana Fl Real Estate Report. HELP!!! - 04/28/08 04:23 PM
Hi folks. Today I want to try to get my head around the distressed property market in Poinciana FL. By distressed properties I mean, banked owned and short sale listings. These stats are from the Mid-Florida Regional Multiple Listing Service and assume that the data was entered correctly. I'm sure … (27 comments)
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poinciana fl: How about some fish, a show and some land? - 04/23/08 03:23 PM
OK, you'll like this one. I've recently been communicating with a Seller that wants to list and sell a couple of vacant building lots in Poinciana. The lot market in Poinciana has pretty much dried up since most of the builders moved out of the area last year.
During the peak of … (39 comments)
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poinciana fl: Seller Participation Market Analysis. - 04/19/08 06:55 PM
Hi folks. I had a couple of listing appointments today and thought I would try a new approach. I decided to do the market analysis at the house in front of the potential Sellers. What I noticed was that the Sellers were much more receptive to what I was telling them … (77 comments)
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poinciana fl: Poinciana Home Sellers.....I have something for you. - 04/16/08 03:33 PM
Dear Mr and Mrs Homeseller,
I hope this email finds you doing well. In this more difficult real estate market it's important that we get as much exposure as we can for your property. Statistics show that most Buyers(about 80%) start their home search on the Internet these days. The Multiple Listing … (28 comments)
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poinciana fl: Buyer in Poinciana has her S.H.I.P. come in! - 04/11/08 06:11 PM
Today, I had a closing where the Buyer almost didn't close. It seems the closing costs were about $800 higher than expected. I wasn't on the Buyer's side so not quite sure where the issue came in.
Probably just first time home buyer jitters and some lack of communication between the … (29 comments)
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poinciana fl: The reality of being a listing Broker in Poinciana FL. - 04/04/08 03:05 PM
Hi folks. Did you know that in the last 24 months I have had 42 withdrawn or expired listings!!! "But Broker Bryant....you are a pricing expert. How could you possibly have that many listings you could not sell?"
Well that's a good question. Let me see if I can answer it. … (28 comments)
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poinciana fl: I wish this was an April Fool's Day joke. - 04/01/08 03:14 PM
I wish I could say this was an April Fools Day joke.....but it's not. It's my March market report for Poinciana FL.
The following is the reality of the market in Poinciana.
There were 31 closings for March. This is actually a 50% increase from February. So that's a good thing.
The … (28 comments)
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poinciana fl: Be Tenacious and get 'er done!! - 03/30/08 12:18 AM
For the last week or so I have been communicating online with a potential Seller. She's one of those Sellers we all like. Knowledgeable, very friendly and to the point.
She currently lives in a very nice pool home in Poinciana but has to commute to Lakeland everyday to go to school. … (85 comments)
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