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Kissimmee, FL Real Estate News

By Steve Glose, TRC, CIPS, 407-616-7286, Orlando Real Estate, Orla
(Keller Williams Legacy)
161 ALAMEDA DR, KISSIMMEE FL 34743                                                             $$$ 79,900 $$$ Exterior Front Foyer Living Room Dining Room Kitchen Kitchen Den/Family/Great Room Master Bedroom Master Bedroom Bedroom 2 Patio/Deck Exterior Front Check out this charming 3 bedroom, 2 bath home.  Greet guests from your foyer, and welcome them into your spacious living room.  Around the corner, you'll have your dining room decked out in your finest table service.  The galley kitchen makes it a breeze to get dinner on the table, while keeping an eye on the action in the family room.  Better yet, throw open the slider and take the party out to the grill on your patio.  Plenty of room here in your large fenced yard for a game of ball while you wait.  Minutes to the 417 mean shoppi...
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By Allison Stewart, St. Cloud Fl Realtor, Osceola County Real Estate 407-616-9904
(St.Cloud Homes )
Orlando Florida Ice Snow and Show Events Holiday Happenings you will not want to miss when planning your next visit to the Orlando Area. Looking for things to do over the Holiday Break? Florida has a lot happening. There is truly something for everyone at holiday time here. Seeking Snow in Florida? Do not miss the Harmony Winter Festival, tons of snow, rides, and crafts transform the Community of Harmony into a winter wonderland.    Seaworld- A family Favorite. In my area of Kissimmee St Cloud Florida, my Real Estate clients often ask "what is your favorite place to go" over the holidays. Hands Down I have to say the Clyde and Seymour Show at Seaworld was one of my favorites interactive shows. But the fun does not stop there... The Osborne Family Lights at Disney are high ranking on my ...
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By Allison Stewart, St. Cloud Fl Realtor, Osceola County Real Estate 407-616-9904
(St.Cloud Homes )
Leading "Experts" Predict the Housing Market will not recover...really? As leading St Cloud RealtorFlorida Realtor and Kissimmee Real Estate Expert-I beg to differ. Real Estate has always been a cycular commodity. Even in the Great Depression of 1929, the housing market did bounce back then; just as it will again, but in a much more controlled slow manner. If one expects instant gratification and rebound-that will not happen. How will the housing market recover occur? Let's Look at the Florida Housing Market. As a leading Realtor/Broker in St. Cloud Florida, I can say with certainty that the recovery of the housing market in St. Cloud and Kissimmee Florida Housing market is largely dependant upon the banking industry and foreclosed homes being held in silent inventory. If the banks rele...
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By Steve Glose, TRC, CIPS, 407-616-7286, Orlando Real Estate, Orla
(Keller Williams Legacy)
631 HACIENDA CIR, KISSIMMEE FL 34741                                                                        $$$ 102,000 $$$ Exterior Front Other Yard/Garden Living Room Kitchen Bedroom 1 Bedroom 2 Bath1 Bedroom 3 Bath2 HUD Case#094-529141. Property is HUD owned & subject to HUD rules. FHA eligibility- Insurable w/repair escrow $418. Sold As-Is, no post-contract repairs or credits whatsoever; Lien/Code violations may or may not exist; Mold issues may or may not exist Buyer to independently verify all measurements, condition and HOA info if any. Buyer responsible for activating utilities for inspection. Investors must complete inspections prior to bid. Buyer to pay doc stamps, title ins and HOA transfer fees   For the latest status on this property and many more in the Kissimmee area, con...
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By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
Hi Folks. There was a time when all Short Sales were “Distressed Sales”. That time has now passed. There are many Short Sales on the market where the Seller has no financial hardship at all. The only hardship they have is that they have to move and can’t sell because they are underwater on their mortgage. There are also Short Sale Sellers that are just wanting to unload debt. These are Strategic Short Sales. These sellers have made a financial decision to dump a property that is drowning in debt with no hope showing. They have decided to quit throwing good money after bad and take their losses now. In both cases the Lenders may very well agree to “settle” the mortgage for less than owed. You do NOT have to be facing foreclosure to work out a settlement with your lender! When these Selle...
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By Jim Poole, Zero Down, USDA Purchase Loans, FHA 203(K) Rehab & VA Streamline Loans
PURCHASE AND REHAB YOUR HOME IN KISSIMMEE FLORIDA WITH THE FHA 203(K) LOAN - Most home buyers are turned off at the sight or even thought of buying a fixer-upper; a foreclosure or an older home today. However, educated and informed home buyers are utilizing the FHA 203(k) loan to buy their new home and fix it up with no additional out-of-pocket expense. The FHA 203(k) loan is a tool that savvy home buyers, successful contractors, Realtors and mortgage originators have been using since 1978. An FHA 203(k) loan is very similar to the traditional FHA loan. The only real difference is that with the FHA 203(k) loan, the home buyer is adding money to their mortgage balance to finance-in any repair/improvement cost. Whereas the traditional FHA loan requires that certain repairs be done before ...
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By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
Well I'm not convinced it does. Matter that is. Before I give you my opinion let me preface it by stating that I am not an Attorney. Nor do I know the definitive answer to the question. This article is just my thoughts as I try to think this through. So here goes. First, can a deficiency even exist if a borrower never owed the entity any money to begin with? Last I checked the debt was with the Lender NOT the Mortgage Insurance Company (MI). How can the MI go after a deficiency on a note they don't own? Hmmmmm...... Secondly, what the heck gives the MI Company the right to ask the borrower for a cash contribution or a note as a condition to approving the short sale? Wasn't the insurance premium paid....for INSURANCE!! Doesn't insurance pay out when a valid claim is made? Why are they r...
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By Christine Selzler, Realtor, Davenport Florida Homes for Sale
(Realty International LLC)
This week's Hot Foreclosure List for Kissimmee, Florida Here is this week’s link to the Foreclosure Listings in the Kissimmee Area(Kissimmee, Celebration, Champions Gate, Reunion, Intercession City)Foreclosure List  Whether you want a Single Family Home, Condo, Townhouse, Villa, Duplex or Mobile Home, you will find cheap Kissimmee foreclosures for sale including bank foreclosures & government foreclosed homes. SAVE NOW!  Find the best home deals on the market in Kissimmee. View homes for sale that are 30-50% below market value.  Find homes below market value using our up-to-date listings of Kissimmee foreclosed homes for sale. Terrific deals available for homebuyers & investors!  If you would like additional information on any of these properties, please send me the addresses or listing...
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By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
Yesterday was a pretty good day. I got to do the thing I enjoy most about Real Estate and that is negotiating. The good thing about negotiating is, that if I’m successful, I get to place one of my listings pending. That means that in 30 days or so, my Sellers can move on with their lives and I get paid. I love that, getting paid. One of my favorite things. The reward for all my hard work. Of course “The Lovely Wife” and the relative I never asked for, Uncle Sam, get most of it, but that’s OK, I really enjoy what I do and the money is secondary. Anyway, I negotiated two deals yesterday. One was pretty straight forward, a fair price that my Seller agreed to and a two week closing. Now, I like two week closings but let’s be real. They asked for a two week closing on a 100% financing deal ...
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By Steve Glose, TRC, CIPS, 407-616-7286, Orlando Real Estate, Orla
(Keller Williams Legacy)
3219 WATERBRIDGE CT, KISSIMMEE FL 34744                                                             $$$ 199,000 $$$ Exterior Front Exterior Back Entrance Living Room Kitchen Master Bath Master Bath/Spa Bath2 Bath3 Bedroom 3 "Short Sale"-Sale price may be insufficient to pay the total of all liens and costs of sale and the seller may not be able to bring sufficient liquid assets to the closing to cure all deficiencies."   For the latest status on this property and many more in the Kissimmee area, contact Steve Glose with Keller Williams Realty direct at 407-616-7286 or visit www.thefloridalivingteam.com. For a faster reply you can also email me at steve@thefloridalivingteam.com. Prospective U.K. Buyers please call: 020-3239-7286. All information is deemed reliable but not guaranteed on t...
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By Mark Horan, "The Resident Chef" - Resident Team Realty LLC &
(Resident Team Realty, LLC & Toni's Property Management LLC)
Kissimmee Investment Bank Owned Properties is the hottest segment of Central Florida. Why, Wald Disney World. Walt Disney World is still the #1 destination for visitors in the World! This endless supply of Bank Owned Foreclosures, Investors are flocking to the Sunshine State and landing in Kissimmee. With rents relatively unchanged, the drop in property values greatly enhances the return on investment for the investor. We are currently seeing low inventory levels in Bank Owned Foreclosures with that expected to change at the start of 2012. I expect to see this trend continuing as the release of more Bank Owned Foreclosures is bound to decrease property values further. We at Resident Team Realty LLC are proud to announce the launch of our new website www.ResidentInvestments.com to compli...
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By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
Hi folks. Carla Muss-Jacobs wrote a featured post about how RedFin is now displaying agent's sales statistics. Not only are they displaying the statistics for their own agents but they are also displaying them for their competitors. RedFin's actions have created quite the stir in the Real Estate world. Most of the responders are dead set against this practice and have accused RedFin of illegal and unethical practices. I, on the other hand, have ZERO issue with RedFin or any other competitor putting my stats out there for the world to see. As long as the stats are truthful then I strongly believe this is information that the consumer should have access to. Why not give the consumer the data they need to make an informed decision on who to hire? I for one am tired of seeing misleading ad...
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By Allison Stewart, St. Cloud Fl Realtor, Osceola County Real Estate 407-616-9904
(St.Cloud Homes )
RENOVATIONS- IS THE ECONOMY RIPE FOR REPAIRS?  Homes In Kissimmee/St. Cloud Florida, are selling. Many of them are in need of repairs and renovations. Is purchasing a home as part of the Neighborhood Stabilization Program and having to go to Education Class to qualify to buy one of these gems at a "discount", really right for you?  NSP Vendors do a great job in patching , repairing, and replacing things in homes in need of a little TLC. But is it more economical to fix them yourself?  Well, if you are a practical person, the dollar and cents may add  up in your favor, especially if you shop around. There are still some mortgage programs like the 203K program which allow for repairs. Granted there are also some hoops to jump through.  It is really about comparing costs. Depending on the ...
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By Christine Selzler, Realtor, Davenport Florida Homes for Sale
(Realty International LLC)
This week's Hot Foreclosure List for Kissimmee, Florida   Here is this week’s link to the Foreclosure Listings in the Kissimmee Area    Foreclosure List   Whether you want a Single Family Home, Condo, Townhouse, Villa, Duplex or Mobile Home, you will find cheap Kissimmee foreclosures for sale including bank foreclosures & government foreclosed homes. SAVE NOW!   Find the best home deals on the market in Kissimmee. View homes for sale that are 30-50% below market value.   Find homes below market value using our up-to-date listings of Kissimmee foreclosed homes for sale. Terrific deals available for homebuyers & investors!   If you would like additional information on any of these properties, please send me the addresses or listing numbers and I'll be happy to research them and provide yo...
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By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
Let me guess....your first response is "That's a RESPA violation!!". Well guess what? That may not be true. RESPA does not dictate all real estate transactions. Did you know that?  In fact you don't even have to use a HUD 1 on non RESPA transactions.. What types of transactions are generally not covered under RESPA? An all cash sale A sale where there's private financing (seller financing, money from a family member). A rental property transaction or other business purpose transaction. Now folks, if you handle Short Sales for a living this can be something you can utilize in your business. When RESPA does not apply is there anything else that would prohibit you from paying the 2nd "Off the HUD"? I don't think so. As long as the 1st agrees to it. And I question whether or not they even ...
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By Christine Selzler, Realtor, Davenport Florida Homes for Sale
(Realty International LLC)
  This week's Hot Foreclosure List for Kissimmee, Florida   Here is this week’s link to the Foreclosure Listings in the Kissimmee Area    Foreclosure List   Whether you want a Single Family Home, Condo, Townhouse, Villa, Duplex or Mobile Home, you will find cheap Kissimmee foreclosures for sale including bank foreclosures & government foreclosed homes. SAVE NOW!   Find the best home deals on the market in Kissimmee. View homes for sale that are 30-50% below market value.   Find homes below market value using our up-to-date listings of Kissimmee foreclosed homes for sale. Terrific deals available for homebuyers & investors!   If you would like additional information on any of these properties, please send me the addresses or listing numbers and I'll be happy to research them and provide ...
Comments 1
By Christine Selzler, Realtor, Davenport Florida Homes for Sale
(Realty International LLC)
This week's Hot Foreclosure List for Kissimmee, Florida   Here is this week’s link to the Foreclosure Listings in the Kissimmee Area    Foreclosure List   Whether you want a Single Family Home, Condo, Townhouse, Villa, Duplex or Mobile Home, you will find cheap Kissimmee foreclosures for sale including bank foreclosures & government foreclosed homes. SAVE NOW!   Find the best home deals on the market in Kissimmee. View homes for sale that are 30-50% below market value.   Find homes below market value using our up-to-date listings of Kissimmee foreclosed homes for sale. Terrific deals available for homebuyers & investors!   If you would like additional information on any of these properties, please send me the addresses or listing numbers and I'll be happy to research them and provide yo...
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By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
Hi folks. Check it out. I wrote this article 4 years ago. Any wonder why Countrywide Mortgage no longer exists? Enjoy!!! You want my buyer to do what?  Originally posted 9-29-2007 This morning, I took my buyer back to the builder to do the contract for her purchase. This particular builder requires that buyers are pre-qualified through their preferred Lender who is on site. You don't have to close with them but you do have to qualify with them. They do this so they can remove the financing contingency from the contract. Anyway, while our sales rep was preparing the contract my buyer and I had to go see the "mortgage momma" to get my buyer prequalified. Now folks, my buyer is a young lady and this is her first home purchase. She lives at home and over the last two years has had three dif...
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By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
Hi folks. Today I am NOT going to write about Short Sales! Instead I'm going to write about the homeowners that own their property free and clear. Did you know that roughly a third of the homeowners in the country have no mortgage? That's about 24 million homes. Just about 5 years worth of sales if they all decided to sell their homes. But most won't. Some because they feel they can't afford to sell. I mean let's face it, if someone paid $300,000 cash for their home in 2005 it would be very difficult for them to get their head around selling for $150,000 today. After all they would be losing $150,000! Or would they? What if they are selling so they can relocate? What if they now had the opportunity to move into a community they couldn't afford 6 years ago? The reality is that they are ...
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By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
Yes folks, contrary to popular belief Short Sales DO get approved. In the last 7 days Tutas Towne Realty has received Short Sale Approvals on: Bank of America HAFA Short Sale in Altamonte Springs Florida. Bank of America Co-operative Short Sale in Lake Wales Florida. Chase FHA PFS Short Sale in Orlando Florida. Bank of America Co-operative Short Sale in Poinciana Florida. Chase Short Sale in Kissimmee Florida. And most importantly, all of the Buyers are still on board!!! Next step......the closing table. Do you need help with your Florida Short Sale?   Tutas Towne Realty has already successfully negotiated Short Sales with the following Lenders and Investors. Chase Short Sale Sun Trust Short Sale GMAC Short Sale Wells Fargo Short Sale Bank of America Short Sale USA Bank Short Sale PNC ...
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