Real Estate Investor Opportunity in Poinciana FL.

Real Estate Broker/Owner with Tutas Towne Realty, Inc and Garden Views Realty, LLC BK607690

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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 a 3 bedroom 2 bath home with 1809 sq ft living area built in 2006. This house has never been lived in and is priced at $96,900 or $53.57 per sq ft!!! Folks, that's incredible. You can't build a house for that price. This property would easily rent for $900 per month. I'm also sure that by the time you read this it will be sold. It hit the market yesterday and won't last long. 

This particular house sold for $206,500, brand new, in April of 2006. The person that buys this house will get a great property at a great price. 

Now, in order to purchase a house like this, you have to be ready to make an offer immediately. When I say immediately, I mean immediately. There will be no time to go look at it. That's why we have inspection periods. Usually you will have 7 to 10 days to do your due diligence AFTER you have placed it under contract. 

I know what your thinking, "Broker Bryant how can we buy one of those houses?" Well I'm glad you asked because that's the reason for this post. I'm looking for Investors that want to receive details on properties, like this, as soon as they hit the market. Here's what I'm looking for: 

  • Investors with cash, a credit line or mortgage APPROVAL and who are ready to move quickly. 
  • Investors that can show cash to close or mortgage approval, in writing, so we can submit it with the offer. Banks will not look at offers without it. 
  • Investors that are comfortable making offers without seeing the property first. 
  • Investors that have experience and the financial capabilities to carry a property a few months if necessary while a tenant is being found. 
  • Investors that are willing to sign a Buyer's Broker Agreement and work with me as their Broker on these specific purchases. I guarantee to work hard and you guarantee that I will get paid. 

Folks, this program is NOT for first time homebuyers. I do have other programs available but this one is not for you. 

If you don't have cash available you will more than likely need 20% to 30% as a down payment plus closing costs. We do have "hard money" Lenders available to assist you if needed. The time to get qualified is now, so, when you see a property you want you are ready to act. Time is of the essence. 

If this is something that interest you then it's easy to participate. Just click the link at the bottom of this post and provide me with your info. I will then contact you so we can discuss your needs. Once we have talked and you are accepted into the program I will start sending over property details as soon as they hit the market. If you see something that fits into your Investment plan just let me know and I will forward over a purchase offer for you signatures. Then the fun begins!!! 

So there you have it, Broker Bryant's Investor Program. Let's buy Poinciana one house at a time. What say you? 



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Copyright © 2008 | All Rights Reserved

Bryant Tutas
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
***The content of this blog is solely my opinion*** 

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 Tutas Towne Realty, Inc handles Florida real estate sales, Florida short sales, Florida strategic short sales, Florida pre-foreclosure sales, Florida foreclosures in Kissimmee Florida Short Sales, Davenport Florida Short Sales, Haines City Florida Short Sales, Poinciana Florida Short Sales, Solivita Florida Short Sales,  Orlando Florida Short Sales, Celebration Florida Short Sales, Windermere Florida Short Sales. Serving all of Polk, Osceola and Orange Counties Florida. Florida Short Sale Broker. Short Sale Florida.

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Bryant Tutas
Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL
Selling Florida one home at a time

OK guys...go break into your piggy banks!!!! Those large 2 story homes in the picture at top can bebought in the $150s!!! We're talking almost 3000 sq ft living area. HOLY MOLY!!!!

May 14, 2008 09:28 AM #8
Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate

This is a perfect example of why buyers should get all their financing in order BEFORE they start looking at houses.

Great post!

May 14, 2008 09:35 AM #9
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Bryant- sunI love the opportunity in this market! WOW, now landlords can get some positive cash flow going again! AH, the ups and downs of real estate cycles. One man's loss is another's opportunity and that my friend, is the beauty and perfection of life and economics.

May 14, 2008 09:36 AM #10
Matt Yogerst
RE/MAX Realty 100 - Menomonee Falls, WI
Metro Milwaukee Real Estate

$900 rental? Well if you would like to put together the tenant, management co, and supervise any repairs needed... I will buy! Just post some pics of how many holes are currently in the walls from the past occupants along with the other laundry list of repairs!


May 14, 2008 09:48 AM #11
Celeste "SALLY" Cheeseman
Liberty Homes - Mililani, HI

Wow the square footage and the price are great! Buyer's will surely pick up on those huge homes.

May 14, 2008 09:50 AM #12
Bryant Tutas
Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL
Selling Florida one home at a time

Matt, This particular property has never been lived in. Brand spanking new!!! No holes. Show me the money and I will get it purchased, rented and managed:)

By the way, a duplex just hit the market for $89,900. 2/2 on each side would rent for $600-$650 per side. Cash flow out the ying yang!!! 

Come on down to Poinciana! Let the buying frenzy begin :)

May 14, 2008 09:57 AM #13
Lenn Harley
Lenn Harley,, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Looks like Broker Bryant is branching out.  I can't imagine a better buy.  Incredible.


May 14, 2008 10:34 AM #14
Matt Moxhay
Prudential Fox & Roach - Moorestown, NJ
Moorestown Real Estate

$54 a sq foot!!!  That's unbelievable.  Are there many renters available?  How many of these are you buying yourself?  Those numbers certainly beat anything in my market.

May 14, 2008 11:46 AM #15
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

I have seen prices for this size in our area but not a new property. Looks like a great deal.

May 14, 2008 01:38 PM #16
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Bryant, if you're going to work with buyers, you've got a great approach!  And if anyone could sell me a house I'd never seen in another state, that would be you!

May 14, 2008 02:44 PM #17
Jolynne Photography, Creative Wedding Photography, Family Portraits, Bar Mitzvahs
Jolynne Photography - Hemet, CA
Bat Mitzvahs, Senior Pictures, Event Photography

BB, it's happening in Hemet, too. Three years ago I was seeing homes with $242/sqft...this morning at the MLS meeting I saw many under $100.

How many real estate agents blew whatever money they made in the boom on a BMW and a vacation home in Mexico instead of saving for this buying spree? The Hemet Home Loan Guy is, alas, no exception. I stupidly locked it all up in my 401k.

If I come across someone with a taste for this, I will connect. Keep up the great work.

May 14, 2008 05:08 PM #18
Rich Kruse
Gryphon USA, Ltd. - Columbus, OH

B - If I could get out of the property I own here, I would definately be down there buying new homes for uner $100,000.  Unfortunately with the market dip I need to hold tight.

May 14, 2008 11:23 PM #19
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

Bryant--Looks like some great deals in your area! When the bank owns them, the deals go through much more quickly. Good information for investor buyers!

May 15, 2008 03:06 AM #20
Jeremy Blanton
Myrtle Beach Homes Blog - Myrtle Beach, SC
Myrtle Beach REALTOR®-

BB- I be an investor for you...btw, can I borrow 100k to buy one of these homes? hehe

May 15, 2008 03:22 AM #21
SEO Expert: Michael George
Phoenix, AZ
Real Estate and Law Firm SEO

Wow.  I wish I was in the position to invest right now.  Mayo Clinic has my boob in a vise.!

May 15, 2008 03:25 AM #22
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

Those prices are something else.  Probably better than just about any other place in Central Florida.  If you can just hold onto them for the long-term, you can pick up some awesome deals right now. 

May 15, 2008 04:52 AM #23
Jesse & Kathy Clifton
Jesse Clifton & Associates, REALTORS® - Fairbanks, AK

Daaahum... $54 a s/f?  Jimmety Christmas... that's one helluva deal.  There's gonna be some great money made on Poinciana real estate, that's for sure.

May 15, 2008 06:57 PM #24
Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375
Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI
Real Estate Services You can Trust!

Bryant it is hard to imagine how buy-able the homes are now.  Some of these homes are just great values.  When the market comes back and it always does...these homes with gain the owner a nice up side in equity.  Nice market update.

May 16, 2008 10:14 AM #25
Blogger To Be Named Later

I hate the term "fire sale" but someone get the asbestos pen and start signing. Only kidding. A new home under $100,000 always impresses me as remarkable. 

May 16, 2008 10:58 AM #26
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

Amazing prices.  If those with the cash would only take advantage - heck, I wish I had the money.  I might even move to Poinciana, well maybe not that far!

May 18, 2008 12:21 AM #27
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