Broker Bryant's Real Estate Ramblings

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Real Estate Broker/Owner - Tutas Towne Realty, Inc and Garden Views Realty, LLC - BK607690
Tutas Towne Realty, Inc. All original, all the time. Broker Bryant's ramblings on Real Estate in Central, Fl 
So you have been working for several months negotiating a Short Sale. The junior liens have been sorted out and the Seller is receiving $12,000 from the lender as an incentive. You spoke to the negotiator at the Servicer/lender yesterday and they stated the Short Sale was approved and you should...
Good morning folks. We have a great discussion going on over at about Home Inspections and when to do them. Check it out. Here are my thoughts: First, there are advantages to the Buyer doing the inspection promptly. The main one being that If there are issues with ...
  Good morning Superstars.   Here are this week's Superstar discussions.   When to do Inspections? It's been my practice in the past to have Buyers Agents not do inspections until after the Written Approval has arrived. I know that some… Started by Janis Schade 3 yesterday Reply by Jill Ford Ano...
Well that's a great question. Making a cash contribution and/or signing a promissory note is called "Participating in the loss". Whether or not you are asked to participate in the loss is based on several factors. Your..... Cash reserves Credit score How delinquent you are Income level As of Nove...
Credit scoring is one of the great mysteries of the universe.  The only ones that know how it fully works are the ones doing the scoring. And they ain't telling! We do know that they take into consideration: Payment history Debt to income Available credit Missing payments will affect payment hist...
Hi folks. This article is a response to,"How to Take Advantage of Struggling Real Estate Agents, as a Seller". I was going to write a post to address many of the comments about "I'll show any listing regardless of commission" and "I always put my client's interest first" but then I realized I ha...
Hi folks.  Dealing with Short Sales all day can be very stressful and frustrating. In my market I have worked as long as 2 years on a short sale that sold for $50,000. I’m sure I worked for far less than minimum wage. But hey.....I learned a long time ago that I get paid by the year. Not the tran...
Good morning Superstars. Here are this week's Superstar discussions. DiscussionsRepliesLatest Activity BOFA Did it again!!!!! What are they thinking??? BOFA Did it again!!!! Short sale approved. Approval letter being worked on and I could not get it last Friday or this past Monday as I was... St...
There has been a lot of talk lately in the short sale world about Fannie Mae and Freddie Mac countering short Sale contract prices at outrageously high prices. As a Short Sale Specialist in Orlando, Florida I too am seeing really high counters from the 2 largest investors. An example is a propert...
Then hopefully this will help. This outline will help you prepare your hardship letter. The sample answers are to assist you NOT to just be copied. Your hardship letter should only contain facts. Just be honest. Your goal is to explain to your Lender why you can no longer make the payments for yo...

Bryant Tutas

Selling Florida one home at a time
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