5 comments » Central Florida Real Estate Blogsite. Welcome!!
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 Central Fl.
Posted on February 25, 2008 12:26:48 by Broker Bryant
Posted in Broker Bryants opinion
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1 comment » Making Multiple Offers on Foreclosures in FloridaMaking offers on Multiple properties. Do your Buyers do it? Mine do. And heres why. Are you a Florida REALTOR® looking for a change? Check it out. http://TTRealtyNet.com CENTRAL FLORIDA REALTOR® OPPORTUNITIES Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved http://www.brokerbryant.com/00491D
Posted on June 29, 2009 06:35:47 by Broker Bryant
Posted in Info for Buyers
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Leave a comment » Trying to buy Foreclosures in Central Florida
Hi folks. Here are some excerpts from my day.
Nothing special really. Just a normal day with trying to sell REOs in
my market. ALL of these properties were active in the MLS and had been
placed on the market in the last 48 hours.
Thank goodness I placed a couple of my Short Sales pending. http://www.brokerbryant.com/004906
Posted on June 21, 2009 07:01:27 by Broker Bryant
Posted in Broker Bryants opinion
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1 comment » Florida Real Estate in Retrospect........
What a difference 3 years makes. Right now the average price in Poinciana Florida is $73,000. You can still do 100% financing but only with VA, USDA(rural housing) or FHA with a gift from a family member or employer. 3 years ago I wrote this: (I highlighted the statements that truly show how far we have fallen) No money? No problem. Negotiated a deal on one of my listings yesterday. The Buyer is purchasing using 100% financing with Seller paying closing costs. My market is affordable housing with the majority of homes priced from $190s to $250s and it seems like most of the Buyers lately have been purchasing with no money down. Now don’t get me wrong I am in favor of home ownership for everyone but I fear a lot of the Buyers are going to have financial difficulties in the near future. With high insurance costs, property taxes and mortgage payments I am seeing payments of close to $2,000 per month for a starter home. That’s a pretty big nut to crack every month in my area where most families are regular working class people and don’t have any reserve funds if they should encounter a financial setback. Also, a good number of these purchases are being made with ARMs with the Buyers basing their ability to pay on future raises at work or a part time job that they may or may not be getting. In my opinion Mortgag,e Brokers and Realtors are being overly aggressive in selling these folks on the advantages of home ownership without really taking the time to counsel the Buyers on the true costs involved. And since they don’t have to come up with any money at closing they are sitting ducks for Mortgage Brokers who are charging them sometimes outrageous fees for doing these types of loans. So my challenge to Realtors who are dealing with first time Home buyers with a little or no money down is to really take the time to explain the pros and cons of purchasing a home. If the Buyers are fully informed and are wanting to move forward then help them to negotiate fees or guide them to the myriad of programs available that can help them with financial assistance. Placing a Buyer in a home he can’t afford can damage them for years. It can cause bankruptcies, divorces and even illnesses. So let’s “Protect the public” it’s what Realtors are supposed to do. END Maybe I really am psychic! What do you think? http://www.brokerbryant.com/0048EF
Posted on June 14, 2009 08:21:38 by Broker Bryant
Posted in Broker Bryants opinion
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Leave a comment » Poinciana Florida Real Estate Report for May 2009All I can say is WOW!!! Poinciana is down to 648 active listings. Considering there were almost 1100 in January this is incredible. Thats a decline in inventory of 59%. Yowsers!!! Inventory is flying off the shelves. Heres the lowest priced home in Poinciana Florida today.
3 bedroom 2 bath built in 1989 with 1274 sq ft of living area. Its a bank owned property priced at $24,900. It came on the market this morning.
The most expensive home is this 2658 sq ft home built in 2002 with 4 bedrooms, 3 baths ands a pool. This is a Short Sale priced at $350,000!!! Yikes!
OK thats it for me. See ya!!! ***All data was pulled from the Mid-Florida Regional Multiple Listing Service and covers the Poinciana Neighborhoods excluding Cypress Woods and Lake Marion. CENTRAL FLORIDA REAL ESTATE SHORT SALE INFORMATION MAKE AN OFFER ON ANY FLORIDA PROPERTY LISTINGS HERE MORE INFO FROM BROKER BRYANT… THE SOURCE FOR CENTRAL FLORIDA REAL ESTATE Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved http://www.brokerbryant.com/0048E5
Posted on June 07, 2009 19:35:57 by Broker Bryant
Posted in Market Reports
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Leave a comment » Buying a Foreclosure In Florida.......Be Careful!!!!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 flooring throughout.
Very open and roomy kitchen.
His and Her “Spickets” in the master bath . Reinforced storm windows
AC pad included at no extra charge.
So what do you think? Need TLC or total Rehab needed? Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved http://www.brokerbryant.com/0048C0
Posted on June 02, 2009 06:16:13 by Broker Bryant
Posted in Broker Bryants opinion
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Leave a comment » Buying Investment Properties and Foreclosures in Florida
Buying an Investment property in Florida right now can be lucrative but not easy. Here is some information that may help.
CENTRAL FLORIDA REAL ESTATE SHORT SALE INFORMATION MAKE AN OFFER ON ANY FLORIDA PROPERTY LISTINGS HERE MORE INFO FROM BROKER BRYANT… THE SOURCE FOR CENTRAL FLORIDA REAL ESTATE Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved http://www.brokerbryant.com/0048AE
Posted on May 22, 2009 14:19:03 by Broker Bryant
Posted in Info for Buyers
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1 comment » List Your Property Cheap With Broker Bryant.
A recent article I wrote had some interesting comments about Limited Service Listings. Here’s a portion of my favorite one: “I can’t understand limited Service at all. It’s stupid to say the least! Wreckless at the worst. Just plain neglegent at best. Limited service implies low ball commission. Either list for full service or let em go!” It’s my opinion that the consumer SHOULD have choices as one size does not fit all. In addition to the Traditional Real Estate Company here are a few of the more popular choices that a consumer has. Internet Companies: This business model is basically a virtual Real Estate Brokerage. Usually they charge less commission and offer less service than a traditional Real Estate Company. These types of businesses may be a good choice for an educated consumer. I have sold many homes sight unseen over the Internet. All were my own listings and I was able to pass a savings onto my Seller which in reality saved the Buyer money because the Seller was able to accept a lower purchase price. These ABMs normally offer an incentive to the Buyers by way of a commission rebate and may offer the Seller an incentive by charging less. Redfin.com is a good example. Buyer Rebate Company: These companies usually concentrate their efforts on working with Buyers. This could be in an Agency (Fiduciary) capacity or in a non-agency relationship (Transaction Brokerage). Their business plan is to entice Buyers to work with them by offering a rebate or credit at time of closing. They may very well offer the same Buyer services as a Traditional Brokerage. It’s a numbers game. Lower gross commissions mean they have to do more business. By being on the Buyer side only, they may have lower expenses, since they are not in the business of marketing listings. It puts them in a good position to pass some of this savings on to the Buyer. In my opinion, this too is a viable business plan and has a legitimate place in the market. The downside to this business model is that they are very much dependent on a Traditional Brokerage offering “full” co-broke commissions. If we didn’t they would have a hard time surviving. A good example is Buyer Rebates Realty. http://www.brokerbryant.com/0048A0
Posted on May 12, 2009 18:11:25 by Broker Bryant
Posted in Broker Bryants opinion
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Leave a comment » Does "Short Sale" Have to be Disclosed?“There is no state or federal law that requires a seller to provide any disclosure forms for a short sale.” This is from one of the attorneys for our Florida Association of Realtors. I wonder how he reconciles that statement with this: A Seller of a residential property, whether a bank or an individual and regardless of whether the seller occupied the property, is obligated under Florida law to disclose to a buyer all known facts that materially affect the value of the property which are not readily observable and are not known to the buyer. The disclosure obligation can be fulfilled via either a verbal or written disclosure. Now I know for a fact that a propertys value is affected negatively if a “short sale” is required in order to be sold. And this is certainly NOT observable. So…….the answer to the question is……YES!! We have to disclose that we are sellling your property as a Short Sale. http://www.brokerbryant.com/004894
Posted on May 06, 2009 16:03:38 by Broker Bryant
Posted in Info for Sellers
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Leave a comment » Disney Area Holiday Homes With PoolsSUNSET RIDGE IN DAVENPORT FLORIDA
Beautiful 5 Bedroom, 3 bath home with screen enclosed, in ground and heated pool. Ceramic tile floors in all wet areas. Kitchen with breakfast bar opens to family room. Separate formal living room. Privacy fenced back yard. The home is being offered fully furnished with short term rental licensing and bookings in place. Turn key holiday home located 10 minutes to the Disney area less than 1/4 mile south of I-4 on HWY 27 in Davenport. Sunset Ridge is a quaint gated community right down the street from restaurants and shops. Don’t miss this one! Call today to arrange your private tour.
SOUTHERN DUNES GOLF AND COUNTRY CLUB IN HAINES CITY FLORIDA
Beautiful vacation home in Southern Dunes Country Club. World class golf course, tennis courts, club house all in a gated community about 25 minutes to the Disney Area. Furnished, licensed and ready for short term rentals. The homes features a very open floor plan with eat in kitchen and inside laundry room. The pool are has a covered lanai and the pool is screened and heated with a privacy wall in the rear and down one side. Perfect for a Florida Holiday home or primary residence. Don’t miss this one. This is a ‘Short Sale". 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
CENTRAL FLORIDA REAL ESTATE SHORT SALE INFORMATION POINCIANA FLORIDA REAL ESTATE MARKET REPORTS MAKE AN OFFER ON ANY FLORIDA PROPERTY LISTINGS HERE MORE INFO FROM BROKER BRYANT… THE SOURCE FOR CENTRAL FLORIDA REAL ESTATE Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved
http://www.brokerbryant.com/00487C
Posted on April 26, 2009 09:13:35 by Broker Bryant
Posted in Info for Buyers
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