Broker Bryant's Real Estate Ramblings
Tutas Towne Realty, Inc.
All original, all the time.
Broker Bryant's ramblings on Real Estate in Central, Fl
ARCHIVED BLOG POSTS
2012
Well that's a great question. Making a cash contribution and/or signing a promissory note is called "Participating in the loss". Whether or not you are asked to participate in the loss is based on several factors. Your..... Cash reserves Credit score How delinquent you are Income level As of Nove...
11/28/2012
Credit scoring is one of the great mysteries of the universe. The only ones that know how it fully works are the ones doing the scoring. And they ain't telling! We do know that they take into consideration: Payment history Debt to income Available credit Missing payments will affect payment hist...
11/23/2012
Hi folks. This article is a response to,"How to Take Advantage of Struggling Real Estate Agents, as a Seller". I was going to write a post to address many of the comments about "I'll show any listing regardless of commission" and "I always put my client's interest first" but then I realized I ha...
11/22/2012
Hi folks. Dealing with Short Sales all day can be very stressful and frustrating. In my market I have worked as long as 2 years on a short sale that sold for $50,000. I’m sure I worked for far less than minimum wage. But hey.....I learned a long time ago that I get paid by the year. Not the tran...
11/20/2012
2
Comments
Good morning Superstars. Here are this week's Superstar discussions. DiscussionsRepliesLatest Activity BOFA Did it again!!!!! What are they thinking??? BOFA Did it again!!!! Short sale approved. Approval letter being worked on and I could not get it last Friday or this past Monday as I was... St...
11/17/2012
There has been a lot of talk lately in the short sale world about Fannie Mae and Freddie Mac countering short Sale contract prices at outrageously high prices. As a Short Sale Specialist in Orlando, Florida I too am seeing really high counters from the 2 largest investors. An example is a propert...
11/16/2012
Then hopefully this will help. This outline will help you prepare your hardship letter. The sample answers are to assist you NOT to just be copied. Your hardship letter should only contain facts. Just be honest. Your goal is to explain to your Lender why you can no longer make the payments for yo...
11/13/2012
6
Comments
Good morning folks. Do you ever wonder what when on at Active Rain back in it's very early days? Well here's an article I wrote back in November 2006 highlighting some of the top articles of the week. ActiveRain was about 6 months old at the time and had a few thousand members. Enjoy!!! First...
11/12/2012
Good morning Superstars. Here are this week's top short sale discussions. DiscussionsRepliesLatest Activity Does a Deed in Lieu Prevent a Security Clearance? I've got a military client and I've been working on a short sale with him. Bank of America won't budge on the price and a new attorn...
11/10/2012
10
Comments
Hi folks. I recently read an article from Anna "Banana" Krutchen titled “Sorry I can’t Help You On That Property”. It’s basically about not representing a Buyer on a purchase due to the condition of the property and possible liability for the agent. Here’s an excerpt: I can imagine the potential ...
11/08/2012
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Bryant Tutas
Selling Florida one home at a time