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 properties that are in foreclosure (Lis Pendens filed) on the Polk County side of Poinciana. There are 10,685 homes in this area. So let's call the foreclosure rate a minumum of 14%
VIEW ALL DISTRESSED PROPERTIES FOR SALE IN POINCIANA FLORIDA
Here's a little video I made yesterday that will show you what a 15% foreclosure rate looks like. The video was made going about half way down the road and only shows one side of the street.
Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.
Want to find out more? www.CentralFloridaShortSales.com
Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com
http://ShortSaleSuperStars.com
Are you a Florida REALTOR(R) looking for a change? Check it out.
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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 Bank Short Sale,Citi Short Sale,HomeEq Short Sale,Fifth Third Bank Short Sale,ING Direct Short Sale,GreenTree Short Sale,Capital One Short Sale,ASC Short Sale,First Horizon Short Sale,E-Trade Short Sale,Transland Financial Short Sale,US Bank Short Sale,IBM LBPS Short Sale,
Nationstar Short Sale,BAC Florida Short Sale,Real Time Solutions Short Sale,Fannie Mae Short Sale
FHA Short Sale,Selene Finance Short Sale,DTA Solutions LLC Short sale,Flagstar Short Sale,IndyMac Short Sale
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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, Winderemere Florida Short Sales. Serving all of Polk, Osceola and Orange Counties Florida. Florida Short Sale Broker. Short Sale Florida.
Reserved Pakring For "The Lovely Wife"...TLW...ROAR!
Poinciana is just lovely!
BB, I cannot imagine the horror, the fear that people have. I pray the homes sell fast, and I know you are doing your part. But what bothers me the most is the disruption and destruction to the lives of the folks that lived there.
Yes, I am being a bit emotional about this, I just can't make it all business, I think all the time of the people who lived in these homes.
Are we at the bottom yet? Are we on the way up? Reports are so conflicting. Keep up the good work, I think the work you are doing means more than just a broker who changed his business tactics to stay alive. I think you are really helping to make things better.
Anyone looking for a new home should be looking towards you.
Hi BB..Nice Area, it's really sad to see that many homes abandoned, and uncared for.
Thanks for the Video Tour.
Bryant - That is stunning information! Good marketing piece, I know you are helping many people.
It is sad. I'm hoping the area will rebound and become a vibrant community again.
Sorry about the wind sounds in the audio. I shot this 2 days ago when the hurricane was going by. It was pretty darn windy outside.
Your raw video is an inspiration - I have done 3 of them now - so thanks...I don't feel so self conscious of myself or the finished product...sort of like the Blair Witch Project of Real estate Video...
Saw a couple of houses for rent up at the front of the street in your video too. They might be going in foreclosure soon if they can't find a renter quick. Been a while since I've been to Poiniciana, but everyone I talk to says how bad it is. I did show properties in a neighborhood near Kissimmee of Landstar earlier this year. Gated newer neighborhood and I would guess that every 2nd house was either for sale, for rent, or had high weeds in the yard. That's just plain scary.
Very, very sad, I am impressed with your use of video these days.
BB - that is so sad. Even though we know it exists it is hard to see so much smack in your face. And imagine how the folks who live there feel given what it has done to their community. It's good to hear how much you have been abel to help so many folks in Poinciana.
Jeff
BB - Gosh, every time you post one of your listings and remarkable steals...I get the urge to move to Florida. Especially about this time of year.
BB,
Your video tour is heartbreaking, such beautiful homes, it makes me wonder what happened to the families and their dreams. Somehow I think if I lived near the home with all the newspapers on the driveway, I'd at least want to pick them up and maybe cut the grass every now and then.
A question, do lenders file a lis pendens as part of the foreclosure process in your state?
Bryant, it's amazing how much your street in this video looks like Port Saint Lucie streets. Along with the foreclosures, mix of old and new, mix of well kept and not. Thanks for the video.
Everytime I see a short sale or foreclosure come up on the MLS, I always think about you and your market. While we have way more than we are used to here, it pales compared to this. I can't think of a single area that would come close to that.
I think I might embed your video in my next foreclosure report just to give Salemites some perspective.