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Rent a Beautiful Holiday Home in Davenport. 15 minutes to Disney!!

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If I buy a short sale can the seller's lender come back and ask me to settle the debt?

No they can not. When that seller bought the home with a mortgage they signed a mortgage as well as a promissory note. When the lender approves the sale they also agree to release the lien on the…Continue

Tags: buyers, sellers, liens, note, promissory

Started by Nathan Tutas Jul 5, 2011.

What Is a CMA?

CMA is an abbreviation for Comparative Market Analysis. This is the process a Realtor will use when helping determine a property's current market value. Comparable properties should be the same…Continue

Tags: comparables, cma

Started by Nathan Tutas May 29, 2011.

What is FIRPTA?

FIRPTA is short for Foreign Investment in Real Property Act of 1980 incme tax withholding. Here is an article with some great information about…Continue

Tags: Withholding, Investors, Foreign, FIRPTA

Started by Nathan Tutas May 26, 2011.

What Is A BPO?

What is a BPO? A BPO is a Broker Price Opinion. This a method lenders use to establish a property's current market value. This method is used in Short Sales and REO/Bank Owned Properties. In the case…Continue

Tags: Opinion, Price, Broker, BPO

Started by Nathan Tutas May 4, 2011.

Equal Housing Opportunity

 

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REALTORS(R) Expect Florida Home Prices To Increase In 2014

Here's a good article about property value predictions for 2014. Now may be the time to purchase a Davenport Fl Vacation Home. Your Davenport Florida Realtor can help. That would be me :)

REALTORS® expect home prices to continue to rise over the next 12 months. But they expect them to do so at a moderate pace, given tight credit conditions and the chipping away of home affordability, according to the…

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Posted by bryant tutas on March 25, 2014 at 8:38am

5 Mortgage Tips To Help Purchase Your Davenport Fl Home

5 Mortgage Tips To Help Purchase Your Davenport Fl Home



Be prepared to document your finances.…

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Posted by bryant tutas on March 6, 2014 at 9:50am

It's A Good Time For Canadians To Purchase Vacation Homes In Orlando Florida

At least according to this article by the Canadian Press "Canadians looking in Fla. told it’s time to buy"

There are many very good homes on the market right now in the $150,000 to…

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Posted by bryant tutas on February 18, 2014 at 9:33am

When Making An Offer On Davenport Fl Vacation Homes It's Not Always About Price

Home Sellers in Davenport Florida don’t always go for the highest offer in a bidding war. When Home Sellers in Davenport Fl consider offers about 44% of those accepted are from buyers offering cash. So offering cash when trying to purchase your Davenport Vacation Home will help to get your offer accepted by the seller.



Another good tactic to have your offer accepted is to conduct a home inspection before submitting an offer. Offers without an inspection…

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Posted by bryant tutas on February 12, 2014 at 10:00am

Buying And Flipping Homes Up 16% In 2013

Hi folks. Here's a good article about the increase in property flipping in 2013. I know in Davenport Florida Property values are on the increase. May be a good time to try and find a good deal on a property in Davenport Florida.

There are still plenty of Davenport Florida Short Sales on the market…

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Posted by bryant tutas on February 3, 2014 at 9:00am

Nationwide Residential Rents Are Up 4% Over Last Year

According to the latest TransUnion Rental Screen Solutions industry report, average rental prices have ticked up nearly 4 percent nationwide from September 2012 to September 2013.



Rents increased for all four of the classifications of rental properties that TransUnion analyzes:  The average residential rent was $1,072 in 2013. This includes these four property types:

  1. Newer institutional properties
  2. Older institutional properties
  3. Older properties in…
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Posted by bryant tutas on January 30, 2014 at 12:16pm

Florida Has The Largest Foreclosure Inevntory

RealtyTrac released its Year-End 2013 U.S. Foreclosure Market Report, which shows foreclosure filings – default notices, scheduled auctions and bank repossessions – down 26 percent in 2013 from 2012, and down 53 percent from the peak with foreclosure filings in 2010.



The 1.4 million total properties with foreclosure filings in 2013 was the lowest annual total since 2007, when there were 1.3 million properties with foreclosure filings.

 

The report also shows that 1.04…

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Posted by bryant tutas on January 17, 2014 at 6:30am

Why Real Estate Investing In Florida Is A Process

One thing that many people do not realize is that learning to invest in Florida Real Estate is a process. They don't realize that because they often only see the end result – a prosperous person with a Midas Touch, or a person who always finds themselves in an avalanche of great deals.  They think the person is simply lucky.



Someone who has truly begun their own real estate journey knows, however, that these successful investors are utilizing a skill they have developed over time.…

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Posted by bryant tutas on January 7, 2014 at 9:34am

April Data Shows A Slight Increase In Homes For Sale In Davenport Florida

CHICAGO – May 15, 2013 – The housing market appears to be having a broad-based recovery, according to April data through realtor.com, the National Association of Realtors®’ (NAR) website operated by Move Inc.



Most of the nation sees an upswing in home sales during the spring, and an analysis of housing data based on realtor.com’s listings found positive news for buyers facing a limited inventory of homes for sale: The number of for-sale listings on Realtor.com increased 3.12…

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Posted by bryant tutas on May 16, 2013 at 7:00am

Use Your IRA To Purchase Investment Property In Davenport Florida

ORLANDO, Fla. – May 13, 2013 – It’s possible to use tax-sheltered money in an individual retirement account (IRA) to buy an investment home now with an eye toward retiring to it later. However, the rules aren’t easy to comprehend.

Donna Ryan, Florida Realtors manager of member legal communications, says advice can be conflicting on how the real estate investment program works. “Anyone considering this type of investment should consult with a tax attorney or accounting professional…

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Posted by bryant tutas on May 14, 2013 at 5:39am

 
 
 

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This site owned by:

Tutas Towne Realty, Inc

Florida Licensed Real Estate Brokerage

Bryant Tutas

Broker

628 Grand Canal Dr

Poinciana, FL 34759

What Our Buyers Say

"Over the course of the last 12 months, I have bought 4 condos in Orlando with Nathan. I think that speaks volumes, because if I wasn't satisified with his service on the first one, I could have easily walked and went with another realtor in buying my other condos. Nathan is dedicated and hard working, definitely an agent that can be trusted if anyone is buying or selling real estate in the Orlando area." William Wong - Canada

_______________________________

"Building up trust and a relationship is absolutely vital to securing a great result all round. When I first started waving a bunch of pound notes around in the air and inquiring about a few properties, as you can appreciate, I was absolutely inundated with different Realtors contacting me and vying for my business. In the midst of it all was Nathan Tutas. As time went on, the emails started flowing and little by little most of them fell by the wayside... probably narked at the fact that here I was, a guy who wasn't just gonna hand over a bunch of cash to the first property recommended to me. I asked questions...BOY did I ask questions! And Nathan came back to me each and every time until it became clear to me that I would only be doing business with one cat out there! He made it easy to buy a house out there. I had contact from one seemingly professional, large company who thought that all they had to do was 'book me an appointment' for when I was out there and they'd not contact me until then, and then sew up the sale... EERR nope, dont think so Mr... you gotta put some effort into your work to get my business! Anyway what I am trying to say is that we built up a fantastic working relationship and knew when to be serious (or grumpy and insistent in my case!) and when to have a laugh and those 50+ house viewings just flew by. Me and my buddy not only secured a fabulous house but I learned plenty about the market and different places that the next purchase will be a doddle for us! And of course who will I be going to for the next purchase? you guessed it...the one who made the effort to actually sell something to me rather than someone who just threw a few houses at me and expected me to buy one. Likewise I left the states with a nice taste in my mouth and you can be assured that when someone asks me to recommend someone, Nathan will be the first name I speak. By our last day in Florida we had already secured a good property...which was OK...but there was something we wanted more...another house we'd seen on day one. Because of the relationship Nathan had built up with me he knew my mannerisms and knew that I wasn't messing around when i put that serious head on, looked him straight in the eye and stated..."I'm not getting on that plane until I am fully satisfied we have done everything we can to exhaust the sale on the preferred house." And the rest as they say is history. When I was initially doing my homework on Nathan (net-stalking more like!!) I noticed something he had on his website.... "if you do something you enjoy, then you'll never have to work again a day in your life" or something similar..... he is right! And I am a very driven person in business and I can tell you that, put the newly found friendship aside...THIS is the way I like to do business." Paul DeAngelis - London, UK _______________________________ "For years now my Wife Karen and I have dreamed of owning a vacation villa in Florida. Barring a lottery win we felt it would always be just that ... a dream. The U.S. property market is currently at an all time low, providing investors with great opportunities. Thanks to Nathans' constant hard work and attention our dream became a reality this summer and we now proudly own a beautiful home in Davenport. Living in UK meant everything had to be done by phone and internet, you need to really trust your contact for this. Nathan kept in constant touch with us, emailing and phoning and arranged viewing for our first trip over. We thoroughly enjoyed this and soon found a number of suitable properties hand picked by him and his lovely wife Amanda. Every step of the way we knew our money was in safe hands and on returning to FL for the closing, which was less than 4 weeks, were surprised to find it had all been organized with nothing for us to do apart from celebrate. We had a fabulous experience and intend to buy again one day, also recommending to friends here in the UK, and can only speak the highest praise of Nathan and Amanda who are no longer just our agents but now our friends. Thanks guys for all your attention and for helping us realize our dream." Ian Wilton - UK _______________________________

"In October 2009 my husband, two children and I made our 3rd visit to Florida. It was during this time we had many discussions on purchasing a property in the area for us to enjoy but also as an investment and business to do short term holiday lets. On our return to the UK we spent many hours searching web sites, looking at property and reading up about the buying process in Florida. We were soon receiving e mails and calls from a number of companies, but none of which were a huge help to us. In August 2010 we decided to “Go for it”. We have a friend who is a freelance travel consultant. We discussed with her that we may be looking to purchase a property in Florida. She then suggested we spoke with one of her clients, who had also been in our situation and is now the owner of a home in Florida and planning to buy another. We met up with the gentleman who was very helpful and he then put us in contact with Nathan Tutas. We were blown away with how helpful, professional and kind Nathan was. He explained the buying process to us, he communicated with us continually, NOTHING was too much trouble. Nathan listened to our needs and requests; he mailed us daily with homes to look at. When we had finally found the house of our dreams Nathan was our eyes and ears. Being so far away we put our trust in Nathan. He viewed the property for us, took many photographs, described the area, although we knew the area in which it fell and he oversaw everything for us. He could not have been any more helpful. We were successful in buying the property; however we could not have done this without the support and guidance that Nathan gave us. He worked hard for us and made the whole buying process easy and stress free for us. I would highly recommend Nathan’s company to anyone who is looking to buy a property in the Florida area. He puts the British agents to shame! He has become a good friend to us and we are looking forward to meeting him in person very soon. Thank you!" Karen & Andy Lavis - South Gloucestershire, UK ______________________________ "This guy didn't know me from Adam, we had never met and I had a very small budget. However this didn't stop Nathan from providing me with a first class service. Thanks to Nathan's daily updates, local research and personal service I now own a nice condo in a well maintained community and I'm convinced that I purchased at a significant discount. The most important factor when purchasing an investment property is the people you trust to give you the required guidance and local knowledge. I've been investing for almost 10 years and I can assure you that Nathan has all his bases covered. Keep up the superb work." Mark O'Connor - London, UK

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