Poinciana
Real Estate Listings
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Poinciana
Real Estate News and Questions
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Question: Hi,
I'm looking for owner financing to buy a house in Poinciana. It is possible???
Thanks
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Hi folks, Depending on who you listen to the foreclosure rate in Polk County Poinciana Florida is any where from 15% to 20%. I have no problem believing this since roughly 85% of the sales in this area are either foreclosures or distressed sales.
According to RealtyTrac there are 1,401
(14 comments)
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Avoid foreclosure. Another successful Short Sale Closing with Fifth Third Bank.
Mortgage amount: $185,000.00
Sales price: $87,500.00
Lender agreed to 3% in closing costs and a 6% commission.
Net to Lender: $77,078.00 (42% of amount owed)
Fannie Mae was the Investor and there was Mortgage Insurance (MI).
Challenges:
(14 comments)
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This is NOT a Short sale or a foreclosure. Just a good property priced to sell. There are 3 bedrooms and 2 baths with 1480 sq ft of living space in this never lived in home. Built in 2007.
Owner will consider financing with 40% down or buy out right. The
(12 comments)
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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
(28 comments)
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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
(154 comments)
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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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Hi folks. This current real estate market and economic climate is really taking it’s toll on people. We’ve recently heard of “Strategic Defaults” and “Delaying your foreclosure” now we have the “Walk Away” or mailing your keys back to the lender. Jingle mail is what the lenders call it.
And
(17 comments)
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IS IT A BUYERS MARKET OR A SELLERS MARKET? Many buyers have latched onto theterm "buyers market" as a snappy catch phrase. While they may be looking to buy indeed they are not alone.This concept is very confusing when attempting to arrive at fair offering price.
But in reality, it is
(2 comments)
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POINCIANA, FL | The UCF incorporation study has apparently activated a number of Poinciana residents here in Central Florida to voice their opinions on the www. One of the many local examples includes the new blog, LetUsDecide.com blog, by WHO KNOWS? (Seriously, who does know?)
Not to worry, LetUsDecide appears legitimate
(0 comments)
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Hot Deal Sold in July This home, with the Solivita-styled exterior, was sold in 10 days. 1,008 square feet with 3 bedrooms and 2 baths. Listed By: Darhlene Zeanwick, All Star Properties of Central Florida. Sold By: Mary Jean Lantz, RE/MAX Paramount Properties. List Price: $44,900. Sold For: $50,150. How
(0 comments)
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Hi folks. I’ve read a couple of posts this week that have left me scratching my head. Both were about listing agents and their “unethical” practice of not handling multiple offers according to the Buyer agent’s expectations.In the comments on these posts the listing agents were called lazy, unethical, unprofessional,
(31 comments)
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Don't Drain Yourself
Ever wonder where chemicals end up after they've been dumped down the drain? Try answering, "Me." Former CEO of General Nutrition Centers (GNC), Greg Horn says, Collectively, we dump 32 million pounds of toxic chemistry down our drains each day, just from household cleaning chemicals. That
(0 comments)
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By now who has not heard of a Short Sale? Homes being offered in the hottest price ranges are indeed attracting "multiple offers". The "asking prices" are deliciously tempting and offer an opportunity for people ofmodest means to obtain a distressed property at a reasonable price...or does it?
THE TASTE OF
(10 comments)
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The market has shifted over the past 3 months DRAMATICALLY and the supply is dwindling rapidly. Prices are based on supply and demand. Demand is high and supply is lower than previously reported.
Goodhomes attract multipleoffersas many buyershave experienced and unfortunately trying to come in low is proving repeatedly to not
(2 comments)
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Richard Zaretsky’s recent post..........
"WALK AWAY FROM THE PROPERTY - STRATEGIC MORTGAGE DEFAULTS GROW TO 26%"
got me thinking. His post is talking about the amount of people who are making the "Strategic” decision to default on their mortgages.
TheTruthAboutMortgage.com site had this to say about the topic.“A new survey conducted
(213 comments)
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Hi folks. A few months ago I had Sellers call me who had just received notice that their property was being sold at auction in 10 days. Of course they wanted to know if I could help. As the good little Broker that I am I said “Maybe”. I asked
(30 comments)
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Hi folks,. I sell a lot of properties sight unseen over the Internet. Including this one. Of course it's prudent to go have a look before the final paper work is signed. If not.....well......you may end up with this '"Needs TLC" property.
Beautiful Foreclosure "For Sale"
Hard wood
(36 comments)
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Hi folks. Today I have mixed emotions. Lenn Harley has a great featured post today basically showing how asinine our Government has been by throwing away trillions of dollars to bail out banks while ignoring the true issue……lack of equity. According to Lenn (and I agree) we have an equity problem
(119 comments)
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Near Disney World, U.S.A.
Just Listed in Crescent Lakes
Meandering lighted sidewalks, morning jogs, moonlit walks, ponds, and manicured landscapes, Crescent Lakes offers style, security, and much more. Two parks, playground, basketball, picnic area and its own security patrol. Ideal for a residential Home to live in; rent out long-term;
(0 comments)
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How cool is that?
Let's jump right in to my Poinciana Market Report for March 2009.
*****This report will encompass Poinciana Florida zip codes 34758 and 34759 excluding Solivita, Lake Marion Shores and Cypress Woods. This data was pulled form the Mid-Florida Regional Multiple Listing Service on 3-13-09.
Check it
(12 comments)
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In the summer of ‘04, John and Sally fell in love. Both were in their late 20's and had recently gone through difficult divorces. Life being unpredictable, as it is, put them in each other's paths about one year prior. Since they were both going through difficult times, they hit it
(15 comments)
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Folks look at what $90,000 will buy you in Kissimmee/Poinciana Florida. These were placed on the market this week and will not be around for long. Check 'em out.
Beautiful home in excellent condition. Formal living room and formal dining room. Eat in kitchen opens to the family room. Inside utilities. Over
(21 comments)
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John MacArthur wrote a post yesterday expressing his disapproval of a Real Estate Company in his area that charges Short Sale Sellers a fee in addition to the commission. John’s opinion is that this is taking advantage of people. I thought his opinion was way off base. But hey…..that’s just my
(34 comments)
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Question: how much is the house on big sioux
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