Selling Poinciana One Property at a Time.

Can You Defeat The Mortgage Insurance Company?

Bryant Tutas-Tutas Towne Realty, Inc — Sun, 13 May 2012 05:01:33 -0700

Free Member Teleseminar: Getting Short Sales Closed

Hi guys, Here's the replay of Thursday teleseminar. "Getting Your Short Sales Closed". Enjoy!! The link is only up until Monday the 14th. G…

Started by youLatest Reply

Did CDPE Teach You This Stuff?

Hi guys, We just added a bunch of articles to the Advanced Short Sale Training Group to help you in your business. Be sure to pop over and…

Started by youLatest Reply

Any way to "defeat" the Mortgage Insurance Company?

We've been working a Bank of America short sale for nearly a year now. Offers continue to be rejected when we get down close to approval. C…

Started by Gordon K

21 8 seconds ago
Reply by Bryant Tutas

NEW HAFA CHANGES

One of the HAFA changes is that the junior lien holders will be able to get up to $8,500. I thought that this change, along with the others…

Started by Rita Cox

4 5 minutes ago
Reply by Bryant Tutas

Why Did Titanium Solutions Stop Doing Short Sale Processing?? Any one Have Inside Scoop?

I received a letter from Ken Tramp the CEO of Titanium Solutions informing HRC's that they will no longer be doing short sale processing an…

Started by Evelyn Santiago

3 12 hours ago
Reply by ElizabethWeintraub00697006LyonRE

Sharing short sale approval letters with buyer's agent....pros and cons? Does buyer's agent need to see letters?

The buyer's agent says : "We would like to see what the letter is offering, that shouldn't make a difference and really no reason to hold…

Started by Pacita C Dimacali

21 13 hours ago
Reply by Joseph Alfe

Strategic Short Sale

strategic short sale My clients (husband and wife) own their homes prior to getting married once they got married they decided to rent thei…

Started by Mari Pedroza

8 13 hours ago
Reply by Joseph Alfe

CA FTB Sales Tax Liens

Hello, My sellers forgot to tell me at listing there are 4 separate CA FTB liens against the house due to a business the husband had where…

Started by Joanne Hodge

Wells Fargo New Approval Letter does not provide a waiver of deficiency!!! Has anyone had this issue recently??!!!

Just received an approval from Wells Fargo it seems they now have new verbiage which states, "With the exception of a Home Affordable Alter…

Started by Raquel Alberty

20 yesterday
Reply by Sam 1 17 hours ago
Reply by Harry Clay

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

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.

About Bryant Tutas. Disclaimer

Bryant Tutas-Tutas Towne Realty, Inc — Sat, 28 Nov 2009 16:29:46 -0800

ABOUT BRYANT TUTAS

I am not a lawyer or an accountant. Any legal or financial advice I give is my opinion based on my own experience. Always seek the advice of a professional before acting on something that I might say.

I am a licensed real estate Broker in the state of Florida. My opinions on real estate have been formed from my experiences and 18 years of working in the business. My opinions are in line with Florida Real Estate laws and the REALTOR(R) Code of Ethics. Your State's laws may differ. So do your own homework before implementing any of my business practices into your business.

Currently I am:

Known on the Internet as Broker Bryant

The Broker/owner of Tutas Towne Realty, Inc

Managing partner of REGrow, LLC

Co-founder of www.ShortSaleSuperStars.com and Agent Short Sale Training.

My main web sites are:

www.BrokerBryant.com

www.CentralFloridaShortSales.com

www.PoincianaProperties.com

www.TutasTowneRealty.com

www.TTRealtyNet.com

You can also find me on:

Facebook

Linkedin

Twitter

Activerain

Trulia

Zillow

Localism

YouTube

Scribd

Professional profile:

I specialize in the listing and selling of properties in the Central Florida area. My primary focus at this time is helping people avoid foreclosure. I also teach Agent Short Sale Training with my partner Wendy Rulnick through REGrow, LLC.

I am a member of the National Association of Realtors, The Florida Association of Realtors, Osceola County Association of Realtors and the My Florida Regional Multiple Listing Service.

Personal Profile:

I live in Solivita with my wife of 25 years, Billie aka TLW "The Lovely Wife". We have identical twin boys who are 36 and 6 grandchildren, ages 5 to 16. I love to read and learn. My favorite charity World Vision.

Best way to reach me:

brokerbryant@gmail.com
407-873-2747 Voice mail or text

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

Bank of America Giveth And Bank Of American Taketh

Bryant Tutas-Tutas Towne Realty, Inc — Sun, 06 May 2012 04:33:59 -0700

DiscussionsRepliesLatest Activity

BofA not wanting to pay FL incentive as promised

Why offer a program and then do the bait and switch with the seller at the end? Seller was told absolutely you qualify and this is the amou…

Started by Kathy Marlowe

3 6 seconds ago
Reply by Bryant Tutas

Rental short sale

Are the short sale qualifying guidelines the same for a primary residence vs. a rental house? I have a client who is currently short sell…

Started by Lisa Woolverton

4 6 minutes ago
Reply by Bryant Tutas

NYCB issues with deficiency

I'm working on a 2nd lien approval with NYCB (formerly Amtrust) in Ohio. I had an approval from Jan 2012 that was waiving the deficiency f…

Started by Albert Clark

1 8 minutes ago
Reply by Bryant Tutas

Can the seller stop the short sale right befor it goes to investor for approval??

We've been in the process of buying a short sale for the past 3.5 months. We just got a counter offer front the bank 2 days ago, which we…

Started by rezaN

1 12 minutes ago
Reply by Bryant Tutas

Washington Federal SS

In process of doing a short sale with Washington Federal. I was told today by two separate people at the bank that they do not do short sal…

Started by Angela Elliott

1 12 hours ago
Reply by Chris Bierrum

BofA FNMA COOP $3,000 RELOCATION INCENTIVE

This is my first time working with the relocation incentive... where is the $3,000 relocation incentive placed on a HUD, or is it placed o…

Started by Frank Biganski

2 13 hours ago
Reply by Lisa Cedillo

BofA Co-op -- Allowable Fees to Attorney

I am working on a Bank of America co-op short sale (Fannie Mae) where the negotiator states that the maximum allowable settlement fee to th…

Started by Donna Clayton, Broker, MBA

2 yesterday
Reply by Keji Ogunleye

Short Selling after Receiving First Time Homebuyer Tax Credit

Seller received the initial $7500 first time homebuyer tax credit. She is now upside down and unable to find work and needs to relocate. …

Started by Janna Rankin Scharf

2 yesterday
Reply by Kevin - Greenville, SC

Is it normal for Agent to go to another office, but still handle SS??

We have been working with 2 agents from the same office in the purchase of a SS. Agent 1 appeared to be the "point person" with Agent 2 as…

Started by Tamara Vannest

4 yesterday
Reply by Satar Naghshineh

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

Need Leads? I'm Giving Them Away Today!!

Bryant Tutas-Tutas Towne Realty, Inc — Sun, 29 Apr 2012 06:04:55 -0700

Hi folks. I just read a featured post about being duped into spending $150 a month for a bunch of worthless leads. I made this video about 5 years ago but thought it would be perfect response.

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

Seller Wants $3000 Cash To Close .. Isn't This Illegal?

Bryant Tutas-Tutas Towne Realty, Inc — Sun, 22 Apr 2012 04:31:28 -0700

This Week's Discussions

Seller wants $3000 cash to close .. isnt this illegal?

okay we are now 2 weeks from closing but the problems continue. Seller is expecting to receive $3000 moving money even though they did not…

Started by arod

29 28 seconds ago
Reply by Bryant Tutas

Does FL agent have DUTY TO DISCLOSE his affiliation with a 3rd party negotiator ?

Does an agent in a florida real estate transaction have a DUTY TO DISCLOSE his affiliations or relationship with a 3rd party company seekin…

Started by arod

6 3 minutes ago
Reply by Bryant Tutas

Buyer refuses to sign cancel instructions in CA

Here is a hum dinger of a question... successfully negotiated a triple lien and brought it in at a great price to an all cash buyer...buye…

Started by Hobuna National

17 4 minutes ago
Reply by Bryant Tutas

Why not have the buyer do inspections prior to submitting to the lender?

I am the listing agent on a property that has many problems. I knew that once we got to inspections after the lender approval, it would rev…

Started by Bill McKinley

15 7 hours ago
Reply by Satar Naghshineh

New Century?? I thought they were gone. Anyone have any experiences?

Had an agent call me yesterday and tell me to call her homeowner. Homeowner has New Century Mortgage??? I have NOT done a New Century. I…

Started by Smitty

4 13 hours ago
Reply by Brian Avery

GFE items, question

If you are buying a short sale and are contributing to 2nd lender, does the contribution amount have to be included in the GFE? My broker j…

Started by Sandy Mac

15 13 hours ago
Reply by Brian Avery

Submitting a new offer thru Equator

Anyone know the simplest way to have a file removed from "Held" status in Equator for a BOA file? The last buyer walked and I have a new of…

Started by Jeanine Whitehead

1 15 hours ago
Reply by Bryant Tutas

Ok, I just have to say it BofA, BOA / BANA

The new rollout of your changes STINKS as far as the messaging goes. We work on MULTIPLE BOA files, so they send a message and all you get…

Started by Smitty

2 17 hours ago
Reply by Smitty

Can I notarize client affidavits?

With more and more notarized documents needed, I'm wondering, will banks balk if I get a notary license and notarize the signatures (while…

Started by Jim Schneider

3 21 hours ago
Reply by Jeff Payne

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

Should The Buyer Pay The Short Sale Negotiator Fee?

Bryant Tutas-Tutas Towne Realty, Inc — Sun, 15 Apr 2012 05:25:41 -0700

Did CDPE Teach You This Stuff?

Hi guys, We just added a bunch of articles to the Advanced Short Sale Training Group to help you in your business. Be sure to pop over and…

Started by youLatest Reply

RSS

DiscussionsRepliesLatest Activity

Should I pay the negotiator fee?

Hello I'm near the finish line to closing on a short sale, it's been rough but I'm almost there! One issue I'd like to discuss is this. In…

Started by Gabe

31 34 seconds ago
Reply by Bryant Tutas

Short Sales on Home Refinanced after 1/09/2009?

A possible short sale client said that her mortgage lender (Bank of America) said they are not eligible for a short sale because they refi…

Started by christinevmcinerney

3 8 hours ago
Reply by Kevin - Greenville, SC

VA Compromise

I was wondering if anyone could tell me what my chances are of getting approved for a VA compromise. I purchased the home in Dec 2006 in…

Started by James Culak

3 11 hours ago
Reply by James Culak

Ocwen Short Sale Guidelines

What do you all think about Ocwen's guideline of 8% guideline and 10% Max on Closing cost. This includes Commission, Realty Transfer Fee, A…

Started by Hugo W Meza

5 11 hours ago
Reply by Bryant Tutas

Short Sale with cenlar with VA

I've read almost every short story on the board, but I don't fall into all of the cat's. My problem is this and I'm wondering if anyone ha…

Started by Dan

2 13 hours ago
Reply by Dan

How does it get paid?

With all the restrictions on what banks and lenders will and won't do, what Fannie and Freddie will allow and whom HAFA says can or can not…

Started by Drew Ludlow

5 14 hours ago
Reply by Sam

Can you make 2 offers?

I have an offer on a short sale that the seller approved and we are still waiting to get something in writing from the bank...it has been…

Started by Kristen tateosian

1 15 hours ago
Reply by Bryant Tutas

Florida Short Sale - Help! Realtor is trying to pull a fast one

let me begin by saying "I" too am a licensed realtor but i don't specialize in shortsales or traditional home sales. i respect the profess…

Started by arod

8 17 hours ago
Reply by Smitty

Price UP or DOWN through end of 2012?

This may be a regional question, A recent Miami Herald article says RE are slowly creeping back to "normal", They said a year ago distres…

Started by Jack Hampson

1 22 hours ago
Reply by Wendy Rulnick

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

If You Could Ask Bank of America One Question, What Would It Be?

Bryant Tutas-Tutas Towne Realty, Inc — Sun, 08 Apr 2012 04:28:43 -0700

This Week's Superstar Dsicussions

If you could ask Bank of America one question, what would it be?

Good morning superstars, hope you are having a great week! I want to pose a question to you. Let's keep this high level and focus on a sol…

Started by Jeff Payne

22 10 seconds ago
Reply by Bryant Tutas

Bofa is declining my short sale because they dont want the seller recieveing hafa from first lien holder Wells fargo

I was asking for an extension from the 2nd lien holder Bank of america and they asked me if the 1st lien holder wells fargo is doing hafa f…

Started by Daniel Sandoval

7 1 minute ago
Reply by Bryant Tutas

Chase + HAFA incentive = $33,000 for my seller! Now RTR wants the $30,000.00

I have seen a like thread here and need to see if any other agents can offer some solutions. Chase has approved my clients short sale with…

Started by Sidney Kutchuk

6 2 minutes ago
Reply by Bryant Tutas

Bank of America Important Information

I have been communicating with a person at Bank of America who asked me to pass this along. Several changes in our Short Sale (SS) process…

Started by Jeff Payne

5 3 minutes ago
Reply by Bryant Tutas

Investor Approval

I am the buyer on a short sale in Flordia, we have been moving through this process for a while now and have made it to the investor approv…

Started by Rick Maron

6 yesterday
Reply by Kevin - Greenville, SC

BOA 1st, US Bank 2nd - Got US Bank Approval in 1 week

US Bank $96K, BOA $286K deficiencies. I submitted a HUD-1 to US Bank allowing them $5.7K and they accepted with no counter within 1 week.…

Started by Matt

0 yesterday

Spouse not on title in a Short Sale situation

Superstars, If only the husband is on title for a short sale property and he got married after he purchased the property, would his spouse'…

Started by Martin Dragnev

7 on Friday
Reply by Kevin - Greenville, SC

Bids Submitted on BofA shortsale and after long silence selling agent says house is still on the market

Hi All, I'm completely new to short sales. About 1.5 months ago, I submitted an offer on a shortsale (saw the home on Saturday, selling…

Started by Richard Martinez

12 on Friday
Reply by Tara Semtner

Understanding the process....

I have posted before about my short sale but I would like some insight from someone who does these all the time. We started the process wit…

Started by Kristen tateosian

4 on Friday
Reply by Kristen tateosian

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

Short Sales and Foreclosures Rule in Kissimmee Poinciana Florida for 2009

Bryant Tutas-Tutas Towne Realty, Inc — Tue, 02 Mar 2010 18:41:12 -0800

Real Estate Market Report for Kissimmee Poinciana Florida for 2009

Comments from Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc

OK so that chart was fun. I wanted to give a picture of the market in Kissimmee-Poinciana Florida from 2007 to the end of 2009. Check out the depreciation. Property values are down 67% during this 36 month period.

But the good news is values only fell 7% for 2009 and it looks like property values have not only started to level off but may be slowly increasing.

Here’s another little goody for you. In 2007 there were only 420 sales. 2008 this number increased to 627. In 2009 Poinciana Florida broke an all time record with the most resale property sales in their HISTORY with 1,596!!! That’s awesome!!

Of those 1,596 sales 1,303 of them were either a Foreclosure (1,083) or Short Sale (220). That means that 82% of the property sales in Poinciana Florida for 2009 were distressed properties.

Currently there are 507 properties on the market in the neighborhoods of Poinciana. 102 are foreclosures. 291 are Short sales. 114 are regular listings.

Inventory is real low. It is getting very difficult to find a property in Kissimmee-Poinciana Florida.

Folks if you want to buy in Poinciana now is the time. Do not sit on the side lines any longer or you will be out of luck. If you find a property you like be prepared to make an offer of asking price or more.

If you need to sell…well chances are you will need to do a Short sale. If that’s the case…give me a call. If you are waiting for your homes value to go back to 2006 values…..it ain’t going to happen for many, many years, if EVER, so just get that thought out of your head.

OK that’s it for me. Any questions?

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

Buyers Beware....The asking price of the property means SQUAT!

Bryant Tutas-Tutas Towne Realty, Inc — Tue, 09 Mar 2010 16:08:13 -0800

As some of you may remember I was a HUGE fan of Range Pricing for many years. When we first opened Tutas Towne Realty 13 years ago Range Pricing was our UVP (Unigue Value Proposition).

I haven't used Range Pricing since the market changed in late 2006. It made a lot of sense when the market was moving upward. It doesn't make sense today.

You can see by the comments in this article that many agents didn't get it and some buyers didn't like it. But none the less it worked. My properties sold quicker and for more money using this technique. Fortunately for me I worked for the seller and didn't really care what the agents or buyers thought. I just wanted to sell the property for my seller.

In my market right now properties are selling on average for 102% of the asking price. So it's really no different than when we used Range Pricing. Back then, 2006 and earlier, my properties were selling for almost 104% of asking price.

In the current market, where banks are pretty much controlling things, the technique being used is pricing low and creating bidding wars. It's like the old days of Range Pricing. The only difference is there is no top of the "Range" being mentioned.

Foreclosures and Short Sales are now selling with multiple offers to the highest bidder. What I was doing 15 years ago, that was very controversial then, is now the norm. Funny how that happens. I guess we were just way ahead of our time.

My advice to buyers now is the same as it was then. Make your offer based on the value of the property NOT based on the asking price. The asking price doesn't mean squat. It could be too low or it could be way high. Have your agent do an analysis on the property and then submit an offer that has a chance of getting accepted.

Buyers who base their offers on asking price instead of the value of the property will end up without a property to buy. This is true in ANY market.

By the way here's a link to a market analysis I did for one of our buyers. He was well informed and his offer was accepted. What say you?

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

Much Desire Highlands Reserve Holiday Home Near Disney World

Bryant Tutas-Tutas Towne Realty, Inc — Thu, 01 Apr 2010 09:04:29 -0700

Need room? Look no further than this......almost 4,000 sq ft of living area in this Florida luxury home located within 20 minutes of Disney World Orlando in prestigious Highlands Reserve Davenport Florida! 5 bedrooms and 5 full baths. Too many features to list. You must see this one.

Large home located in a premier golf community. Highlands Reserve. Spacious master suite. Interior layout includes formal living room and dining room. The open kitchen has a view to the family room and the pool. Heated pool and spa are south facing with a wooded view. Kitchen has granite counter tops. Tile flooring in the kitchen and all bathrooms. Wood laminate flooring in bedrooms. Property is zoned for short term rentals and is located in the very popular Highlands Reserve.

$430,000

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

Is The Short Sale System Broken?

Bryant Tutas-Tutas Towne Realty, Inc — Fri, 24 Feb 2012 04:17:04 -0800

This Week's Discussions

DiscussionsRepliesLatest Activity

Is it me, or is it the short sale system???

I have been working short sale homes now for about 3 years, ranging in price ranges from 1 mil, down to 30k. During those 3 years, I've wor…

Started by Eddie Kearns

18 8 hours ago
Reply by Sheyenne Schultz

Speed of approval, B of A vs Wells Fargo

Hello Superstars, Are you finding that Wells Fargo (now on Equator) is still generally faster than B or A for approvals? I have a first and…

Started by Sue Irwin

8 8 hours ago
Reply by Sheyenne Schultz

Under what conditions would a short sale on investment property be approved?

Hi all, this is my first post on this forum. Please forgive me for posting such an elementary question but here it goes: I'm a relativel…

Started by jerrold stallworth

2 9 hours ago
Reply by Sheyenne Schultz

How to find who's delinquent on their mortgage

Just curious if anyone has any idea on how to find out who's delinquent on their mortgage. (Prior to an NOD being filed.) This seems like…

Started by Jeffrey Burnham

1 9 hours ago
Reply by EDWARD ( Augie ) AUGSBERGER

Valid reason for short sale?

Hello, My fiance and I both own a home. We can afford both mortgages right now, but would like to sell her condo so we can consolidate b…

Started by Anthony Costa

9 14 hours ago
Reply by Joseph Alfe

Short Sale - No Real Hardship?

I have a friend/client that would like to do a short sale. However, this client has strong income. He can certainly afford all of his month…

Started by Clayton Bonjean

7 14 hours ago
Reply by Joseph Alfe

HELP! I need to get 2 judgments released to close a short sale.

Hi Everyone, I could really use some help. I have a client that has 2 judgments that need to be released so that her short sale can be com…

Started by Carolyn Lien

13 16 hours ago
Reply by Joann Torvik

US Bank -- a few questions about Retention Options letter and HUD-1

Hello Short Sale Superstars, (Guys, I am new to this site, so please excuse me if I am doing something wrong, BUT I need your help!) We are…

Started by Vince Huntington

2 16 hours ago
Reply by Vince Huntington

$25B Settlement by top 5 Banks

Anyone have a feel for how/ when the settlement will be implemented? How/when will those foreclosed upon already receive their pitances?

Started by Jeffrey Burnham

2 16 hours ago
Reply by Jeffrey Burnham

Mortgage Insurance Selling Their Claim Recovery Rights To A Debt Collector

I just saw this posted on the CDPE forums. “Account is a claim-transferred from Radian to Franklin Credit Management collection. The claim…

Started by you

4 18 hours ago
Reply by Michael Schneider

Need Training?

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Group members have access to:

ALL training webinars.

Currently 10 Webinars with 4 more scheduled (Click to View)

Short Sale Listing Package
Expired Listing Letter
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Sample HUDs
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Membership is Only $197.00

This site is owned and operated by REGrow, LLC

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ShortSaleSuperStars@gmail.com

DISCLAIMER

REGrow, LLC does not necessarily endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. REGrow, LLC takes no responsibility for the content on these pages that are written by the members of this community.

Visit Short Sale Superstars at: http://shortsalesuperstars.com/?xg_source=msg_mes_network

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

Short Sale Epiphanies from Short Sale Superstars-It's Like a Lightbulb Went On!

Bryant Tutas-Tutas Towne Realty, Inc — Tue, 07 Feb 2012 14:49:03 -0800

Well I just have to re-blog this post from Brenda Mullen. An excelent unsolicited endorsement of our hhtp://shortsalesuperstars.com site.

We'd love to have you come join us.

And thanks Brenda!!

Via Brenda Mullen-ABR, e-Pro-210-807-0819 Selling San Antonio TX Area Real Estate (Keller Williams Realty):

Short Sale Epiphanies from Short Sale Superstars-It's Like a Lightbulb Went On!

So, I finally did it. I found myself in the position of having to learn about short sales.  I have avoided it for as long as possible, but...as luck would have it, I have a seller who I may need to help with a VA Compromise Sale. What is a VA Compromise Sale? It's VAs version of a Miltary Short Sale for those who purchased their home with a VA Loan.

Now, eventually I will be blogging about VA Compromise Sales because, quite frankly, I need to be the expert in this type of transaction as I am a Realtor® in one of the largest military areas and there is most certainly someone, somewhere around San Antonio Texas that can be helped with this type of transaction.  Not only that, I am retired Army (I know, I am always saying that--eye roll, but it's true), and I speak Army speak and should be helping my fellow Soldiers with this type of transaction.

The first person I contacted about this was Cindy Jones. Why? Well, if you read her posts, you can tell that she is the expert in her area of Northern Virginia on the VA Compromise Sale. Cindy has done plenty of VA Compromise Sales successfully and it is a perfect niche for her area as she is right by a large Army post, Fort Belvoir. She is also an avid supporter of our military. She was a wealth of information...but she kept saying..."it's just a basic short sale package"

Ummm, what? Since I have NEVER done a short sale...because as I said, I stayed away, I was, (am) at a disadvantage. Not only as a listing agent by the way, as a buyer's agent as well. I don't know how to help my buyer, buy a short sale.  In fact, I may end up inadvertently discouraging a buyer from buying one of those...well...because of all the things I have heard and thought. And, although Cindy is a great resource, I am quite sure she doesn't want to train little ole me on a Short Sale and even if she did, it takes a minute to do that.

So, the next place I went was to my buddy Ms. Charita Cadenhead who has done Short Sales. She in fact, likes doing them!  Yikes! But all of the things I heard...all of the things I thought!!! How in the world does anyone LIKE to do Short Sales?!  But I digress...she, (all excited...eye roll), said I need to take a class right away AND I most definitely needed to join Short Sale Superstars like RIGHT NOW...

And that is exactly what I did...(I am a good listener). Anyway, to make a long post, shorter...I joined and signed up for the Advanced Training. It took me a minute, because I wasn't sure if I should go take a designation class first and then go for the extra training or vice versa...I decided that if I need to know HOW to do a Short Sale, I might as well get it straight from the experts who do this everyday and have a successful career of helping many home owners successfully get a short sale and as many of you know Broker Bryant is that person.

Here is where the epiphany comes in.  Turns out, what I thought I knew about Short Sales...I didn't!!!  Talk about having a lightbulb turn on!! For example, I thought that when a buyer put in an offer for a short sale, that buyer may be competing with a ton of other offers that were sitting on the lender's desk. I thought that the lender decided which one was the best offer and then picked that one based on the best price for the lender (sort of like a foreclosure). I could not for the life of me figure out how this would benefit my buyer as it would hold up their earnest money for months with the potential of being told they weren't the winner of the offer.

Not true!! I KNOW RIGHT (I know I heard you all gasp)!!  I don't know...perhaps I am the only one who thought this...but for some reason I am thinking that I am probably not alone in this thought. Turns out that there is only one accepted contract that goes to the lender.  It may take a while to get an answer and the lender may come back with a counter, but there shouldn't be multiple offers. I had no idea...it's like a regular type sale...wow...whoda thunk it?

Anyway, turns out that joining Short Sale Superstars and taking the training is turning out to be a very good decision for me. I am learning a ton and I have the support of the forums when I have a question. Looks like I have been avoiding Short Sales for nothing...they may be a little more time intensive and lengthy, but looks like I have nothing to be afraid of...and I was.

So, if you are anything like me, avoiding Short Sales until someone drags you in kicking and screaming...join Short Sale Superstars and I highly suggest taking the Advanced Training so that you can learn how to do a Short Sale from start to finish from Broker Bryant and Wendy Rulnick. The training is easy to understand and if you join, you get instant access to them. It's a pretty good deal in my opinion and given that I need to learn this stuff so that I can better serve my clients, this is the next best thing to having a mentor right there by your side!

Brenda Mullen – San Antonio Texas Real Estate Professional

Selling a San Antonio Texas area home involves many steps and having an experienced  San Antonio  Texas Real Estate Agent by your side will make the transaction run a lot smoother. I would love to be your San Antonio Texas Area Real Estate Professional! I assist both buyers and sellers in the San Antonio Texas area with either the purchase and or sale of residential real estate.

As an Accredited Buyer’s Agent, I have received special training to guide and educate you through the entire home buying process. From start to finish, I listen to your needs and desires in what you would like and take the information you give me to find you home.

As your San Antonio Texas listing agent I am well versed on the local San Antonio Texas area Real Estate Market. You can expect personalized service that includes a detailed consultation on how to best position your home to be competitive in today’s market with an in depth comparative market analysis, and advice on staging. I use the latest and most up-to-date marketing methods to get your home in front of as many buyers as possible. Being your San Antonio Texas area Realtor® not only involves just finding the home or selling the home, but being your guide, negotiator, advisor and advocate and making sure that your needs and goals are met. Being your San Antonio Texas area Realtor® is one of my truest passions, and “Helping You Find Home” is my number one priority.

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Brenda Mullen
Realtor®, ACRE®, ABR®, ePro®

Keller Williams Realty - Helping You Find Home
10999 IH-10 West Ste #175

San Antonio, TX 78230
210-807-0819
brenda.mullen@sbcglobal.net
http://www.findurwayhome.com

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

Short Sale Commission Disputes

Bryant Tutas-Tutas Towne Realty, Inc — Sun, 05 Feb 2012 09:32:37 -0800

This Week's Discussions

Commission Dispute

Question: I submitted an offer on a short sale which took 2 months for approval and were schedule to close, however, a day before closing t…

Started by Tavo

9 42 seconds ago
Reply by Bryant Tutas

Seller taking an offer before it hits MLS

We are seeing a lot of agents pre selling their own own listings that are short sales before putting them on MLS. I know we have a fiduciar…

Started by Stephen

64 1 minute ago
Reply by Bryant Tutas

LCS and Buying Its Debt

I have a client who wants me to take over a short sale that failed. She was offered $25,000 from Chase Bank. LCS is the second. LCS blocked…

Started by ElizabethWeintraub00697006LyonRE

9 1 hour ago
Reply by Bryant Tutas

Approval of a Trust

Has anyone had a short sale approved for a property that was owned by a trust? If so, what documents did the lender require?

Started by David Zagorsky

1 1 hour ago
Reply by Bryant Tutas

I have personally bonused being part of the Advanced Traing Group! What is keeping you from joining?

Just having help closing a deal made it worth it taking the worry and pain out of the paperwork, especially HUD-1 issues. Bryant and Wendy…

Started by Teresa Simon

1 1 hour ago
Reply by Bryant Tutas

HAFA vs. non HAFA

What's the difference between a "HAFA approved" and a conventional short sale?

Started by Eddie Kearns

3 18 hours ago
Reply by Smitty

Looking for a good basic short sale program for organizing files w/o the hype & program salesmanship.

We, an attorney paralegal and myself sat and watched as much of a webinar as we could bare today. With the reinvention of the mls, picture…

Started by Teresa Simon

7 19 hours ago
Reply by Joseph Alfe

How to get the smaller deals closed

Looking for tips on getting higher commissions paid. On lower priced listings ($65k & below). The lenders will not pay more then 6% o…

Started by Jeanine Whitehead

4 19 hours ago
Reply by Joseph Alfe

Help - Freddie Mac HAFA demands from seller

Has anyone had this happen? The seller is being asked to pay them over $2,000 per month while we try to short sale the home and if we are n…

Started by Kathy Marlowe

5 yesterday
Reply by Bryant Tutas

Innacurate BPOs, Why?

I may have just figured out why there are so many inaccurate BPOS. Check out this email that I just got from someone who will do my BPOs fo…

Started by Jeff Payne

22 yesterday
Reply by Jim Schneider

Need Training?

Visit the

Join the Advanced Training Group

(***You must be logged into the site to join the group)

Group members have access to:

ALL training webinars.

Currently 10 Webinars with 4 more scheduled (Click to View)

Short Sale Listing Package
Expired Listing Letter
Lis Pendens Letter
FSBO Letter
Sample HUDs
Sample BPO Disputes
Private Member Forum
Direct Access to Wendy and Bryant For Short Sale Help

Membership is Only $197.00

This site is owned and operated by REGrow, LLC

A Licensed Florida Real Estate Brokerage

ShortSaleSuperStars@gmail.com

DISCLAIMER

Visit Short Sale Superstars at: http://shortsalesuperstars.com/?xg_source=msg_mes_network

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

Can A Seller Do A Short Sale If They Aren't Behind On Payments?

Bryant Tutas-Tutas Towne Realty, Inc — Sun, 29 Jan 2012 08:19:02 -0800

This Week's Discussions

Short Sale Approvals with Seller isn't Delinquent

Howdy Folks - Just curious if anyone is seeing short sale approvals when the seller isn't delinquent. We just did one, but the seller wa…

Started by Christopher Pendleton

16 1 minute ago
Reply by Bryant Tutas

Short sale lender wants agents to pay for an appraisal.

This short sale lender requiring an appraisal rather than a BPO, the kicker...they will not pay for it and will not approve the short sale…

Started by Bev Dudley

9 2 minutes ago
Reply by Bryant Tutas

Chase cut my commission, but will give seller $30,000!

I'm the broker/owner of a small firm. My wife and I are attempting to purchase a $300k Chase short sale for our primary residence. We got…

Started by Billy

73 4 minutes ago
Reply by Bryant Tutas

Interesting news from the California Association or Realtors regarding licensing and short sale processing

http://www.car.org/legal/foreclosure-short-sale-folder/short-sale-negotiators/ Below is the part of the article, use link above to read fu…

Started by Jeff Payne

3 5 minutes ago
Reply by Bryant Tutas

3rd party SS Processors

I recently changed to a new Broker. Company claims, that if you use a certain Escrow Co., that they negotiate your SS for free. Bank get ch…

Started by Rochelle Castro

23 6 minutes ago
Reply by Bryant Tutas

Using Bankruptcy to avoid foreclosure

I have had to sellers that I have been going back and forth about short sales finally decide to go into bankruptcy. There is a couple of p…

Started by Kevin Vitali

60 6 hours ago
Reply by Ryan Simpson

I Need HELP with a BPO from ING

I have a home listed in Scottsdale AZ for 305k. A month or so after listing it we received an offer for 295K. This home is in an ok area, b…

Started by Scott Douville

6 7 hours ago
Reply by Ryan Simpson

Have you had BOA close files in Equator with no explanation?

Hi all, I'm new to the site. I'm a California attorney and real estate broker specializing in short sales. For a bit over 4 years we ha…

Started by Spencer Lugash

8 7 hours ago
Reply by Eric Mieles

Co-Op Short Sale Assignments

Has anyone gotten an e-mail from this company DTS or Dignified Transfer Solutions who is teamed up with Bank of America to assign contacts…

Started by Thomas Zdanowicz

27 8 hours ago
Reply by DESIREE A BURGOS

I knew when I took the listing that I was going to be sorry.

We wrapped up a short sale last week, closed on Tuesday, funded on Weds, in which the first mortgage holder was paid in full, a second and…

Started by Jill Ford

2 11 hours ago
Reply by Becky Martin

Need Training?

Visit the

Join the Advanced Training Group

(***You must be logged into the site to join the group)

Group members have access to:

ALL training webinars.

Currently 10 Webinars with 4 more scheduled (Click to View)

Short Sale Listing Package
Expired Listing Letter
Lis Pendens Letter
FSBO Letter
Sample HUDs
Sample BPO Disputes
Private Member Forum
Direct Access to Wendy and Bryant For Short Sale Help

Membership is Only $197.00

This site is owned and operated by REGrow, LLC

A Licensed Florida Real Estate Brokerage

ShortSaleSuperStars@gmail.com

DISCLAIMER

Visit Short Sale Superstars at: http://shortsalesuperstars.com/?xg_source=msg_mes_network

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials

Are Short Sale Lenders Slashing Your Commission?

Bryant Tutas-Tutas Towne Realty, Inc — Sun, 22 Jan 2012 08:47:57 -0800

This Week's Discussions

How to stop short sale lenders from automatically cutting our commission

Nearly 9 out of 10 of my short sales, the lender cuts the commission from 6% to 5%. I am sick of this. They know they have us by the short…

Started by Julie Wilkinson

17 13 seconds ago
Reply by Bryant Tutas

How much time does it take to complete a short sale?

Curious how much time you spend working a short sale once you get an accepted offer? How much time: To gather initial documents from seller…

Started by Jeff Payne

7 46 seconds ago
Reply by Bryant Tutas

Track it! TRACK TRACK!

I can't remember what I ate for breakfast most days, but I can remember every conversation I've had on any file I'm negotiating. I also TR…

Started by Smitty

3 1 minute ago
Reply by Bryant Tutas

How does Credit Report Look after a Short Sale?

I had a client ask me how his credit report would differ if the bank accepted a short sale as payment in full or if they went after a defic…

Started by James Lockard

8 2 minutes ago
Reply by Bryant Tutas

PMI suing the banks?

I had a call today from a past short sale client who said a PMI company wants to meet with them and hear their story of the 3 times they tr…

Started by Karyl Moore

4 3 minutes ago
Reply by Bryant Tutas

What's the real benefit of short sale versus foreclosure?

Like all of you, I'm a big proponent of short sale over foreclosure, not merely for my livelihood (but that counts) but also because I thin…

Started by Tamara Dorris

16 4 minutes ago
Reply by Bryant Tutas

A Step in the Wrong Direction

So slightly off short sale topic but important to all of us. I had a confrontation yesterday with a mortgage broker who I have worked with…

Started by Eric Mieles

6 15 hours ago
Reply by Eric Mieles

1st & 2nd TD with Wells via Equator

Now that Wells Fargo is using Equator, if I am doing a SS with both a 1st & 2nd at Wells, do I need to initiate SS in equator on 2nd TD…

Started by Chad Dannecker

1 18 hours ago
Reply by Bryant Tutas

Have you used CAR's Short Sale Assistance Desk w/Fannie Mae loans?

I was just poking around on the California National Association of Realtors (CAR) website and I saw the Short Sale Assistance Desk (SSAD) i…

Started by Shari P

2 21 hours ago
Reply by Jeff Payne

Freddie Mac Addendum and "rentback"?

Hello, I am a first-time home buyer in the process of some back & forth after putting an offer on a short sale. The latest thing to com…

Started by Erin

6 21 hours ago
Reply by Jeff Payne

Need Training?

Visit the

Join the Advanced Training Group

(***You must be logged into the site to join the group)

Group members have access to:

ALL training webinars.

Currently 10 Webinars with 4 more scheduled (Click to View)

Short Sale Listing Package
Expired Listing Letter
Lis Pendens Letter
FSBO Letter
Sample HUDs
Sample BPO Disputes
Private Member Forum
Direct Access to Wendy and Bryant For Short Sale Help

Membership is Only $197.00

This site is owned and operated by REGrow, LLC

A Licensed Florida Real Estate Brokerage

ShortSaleSuperStars@gmail.com

DISCLAIMER

Visit Short Sale Superstars at: http://shortsalesuperstars.com/?xg_source=msg_mes_network

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

Customer Testimonials