You may be asking yourself, "What the heck is a blog?" Well, let me tell you. A blog is what I describe as a  "living and breathing" website. It's a place where information is shared in a more personal way and it's updated more frequently than a web site. I will be writing new articles (posts) on this site 2 to 3 times a week. I use this site to write about anything and everything related to Real Estate. Or I may just tell you something about myself. By reading my blog posts you will get a real good idea of who I am and how I conduct my business. It will also keep you updated on market conditions in Poinciana Fl.  

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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 sold by me, prior to opening up Tutas Towne Realty, 10 years ago.

The first one is a 3 bedroom 2 bath pool home with 1670 sq ft of living area built in 1991 and sits on a ½ acre lot. 

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OK it's time for me to repost an "oldie but goldie". I was sitting down to write a post today, based on conversations I had this morning, with two potential Sellers. As I started writing, it was sounding very familiar. Then I remembered I had written about this same scenario almost 2 years ago!!!! Funny how things remain the same. 

THE SHARKS HAVE HAD THEIR FILL.......
First posted 9 September 2006

I just got off the phone with Mr. Ive B. Screwed. Seems like a nice young man from South Florida, I could hear babies crying in the background. Mr. Ive B. Screwed bought a house in Poinciana, January of 2006. He's never been to Poinciana but based on advice, he received from one of his neighbors, he decided Poinciana would be a great place to purchase a new home, then turn around and sell it for a small profit. Well, unfortunately for Mr. Ive B. Screwed, he was connected with a builder, WeRipOff, Inc. who just happened to be building homes in Pionciana. Not only would they build you a house but they would finance it as well, with only $5,000 down and pay all the closing costs. What a deal!! And to sweeten the pot even more, they work hand in hand with a Real Estate Company named GetRichToday, LLC.

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Hi folks. Here's a sampling of a few of the short sale listings that are being offered "for sale" by Tutas Towne Realty in Poinciana FL. If you looking for an affordable place to call home one of these could be the home for you. CLICK ADDRESSES FOR MORE INFO

521 Eagle Ct Poinciana FL 34759 $99,000

Folks this is a great opportunity to own a 4 bedroom home in Poinciana for a reasonable price. The house is in very good condition. Ceiling fans in all rooms. Tile flooring through out. Bedroom 3 and 4 having a connecting bath and would make a great suite or master/office setup. Listing price may not be sufficient to cover all encumbrances, closing costs, or other seller charges and sale of Property at full listing price may be conditioned upon approval of third parties. This is a short sale and will require minimum 60 days to close. Seller will contribute towards your closing cost if the price is right. 

845 San Jose Ct Kissimmee FL 34758 $89,000

Well maintained 2 bedroom an a large back flag lot. Very private location. Open floor plan with split bedrooms. Almost a 1/4 acre lot. Easy show. Folks if you are looking for a well maintained 2 bedroom home with over 1100 sq ft living area then this may be the one. Sits on a very private back flag lot. New tile flooring in the dining area. Inside utility room. You won't find a better home for the price. So act today!

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• Are you an experienced REALTOR(R) looking for change?
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• Are you tired of going to the office?
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• Are you wanting to step into the exciting new world of WEB.2 technology?

• Are you looking for a way to generate leads and substantial income while working from your home office?
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• Are you looking for a Broker that's availlable to answer your questions and help you become the best that you can be?
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• Are you looking for individual coaching and training designed to fit your personal needs?
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• Are you wanting a compensation plan that makes YOU money?
• 
  If you answered YES to any of these questions then Tutas Towne Realty, Inc may be the Brokerage for you.

 Give me a call today for your confidential consultation.

My direct line is 407-873-2747.

Hi folks. Here's an update on the foreclosure situation in Florida. I read an article earlier today on our Florida Association of Realtors websitestating 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 Countrywide, or I guess Bank of America now, has 76% of the Nation's foreclosures and that they are expecting this number to increase in August when ARMs (adjustable rate mortgages) are set to adjust again. 

Then there was a report recently on channel 9 in Lakeland that mentioned one in every seven homes (15%) in Poinciana FL. was in some stage of foreclosure.

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OK it's time to rumble!!! I didn't do a Poinciana market report for May, so instead of going backwards, this month, I decided to do a report for the first 6 months of 2008 compared to the same period last year. First let's start with a little chart then I'll add my commentary. 

This data was pulled from the Mid-Florida Regional Multiple Listing Service and is deemed to be reliable. I'm using the data for zip codes 34758 and 34759, Poinciana Neighborhoods. It does not include Solivita, Cypress Woods, Crescent Lakes or Lake Marion. Jan 1-June 30. 

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Folks, it doesn't get any better than this. 4/2 in almost new condition. If you are a qualified Buyer and have some patience, this may be the home for you. We have many more properties available so give me a call.

Listing price may not be sufficient to cover all encumbrances, closing costs, or other seller charges and sale of Property at full listing price may be conditioned upon approval of third parties. Very open floor plan. Tile through out Folks this is a great opportunity to own a 4 bedroom home in Poinciana for a reasonable price. The house is in very good condition. This is a short sale and will require minimum 60 days to close. Seller will contribute towards your closing cost if the price is right. Ceiling fans in all rooms. Tile flooring through out.

Hi folks, below is 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. This is important to track because I need to know if folks are pleased with my service. A good indicator of this is how much of my business is from referrals and repeat customer/clients. 

What this chart shows me is that 45% of my business comes from referrals and repeat customers, 35% comes from my expired letter, 15% comes from the Internet and only 5% came from a sign call. 

It also shows me that 35% of my current business is in Short Sales(SS). 85% is with Sellers and 15% is with Buyers.

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