Call Me At 407-870-3581 or Email Me At NathanTutas@gmail.com
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.
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.
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.
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…
Posted by bryant tutas on May 16, 2013 at 7:00am
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…
ContinuePosted by bryant tutas on May 14, 2013 at 5:39am
ORLANDO, Fla. – May 9, 2013 – Florida’s housing market gained strength in first quarter 2013 with increased closed sales, more pending sales, higher median prices and a reduced supply of homes for sale compared to the same quarter in 2012, according to the latest housing data released by Florida Realtors®.
“The first three months of 2013 demonstrate that Florida’s housing market is gaining momentum and continuing to bolster the state’s economy,” said 2013 Florida Realtors…
Posted by bryant tutas on May 10, 2013 at 6:48am
IRVINE, Calif. – May 9, 2013 – RealtyTrac released its U.S. Foreclosure Market Report for April 2013 today. It finds that foreclosure filings – default notices, scheduled auctions and bank repossessions – were reported on 144,790 U.S. properties in April, a decrease of 5 percent from the previous month and down 23 percent from April 2012.
Total foreclosure activity hit a 74-month low in April – at its lowest level since February 2007.
Foreclosure activity represents all…
Posted by bryant tutas on May 10, 2013 at 6:44am
Turning point: Over 50% expect home price increases WASHINGTON – May 8, 2013 – More than half of Americans now expect the country’s home prices to climb within the next year – a growing optimism toward the health of the housing industry.
The share of respondents to Fannie Mae’s April 2013 National Housing Survey who expect home prices to go up rose another 3 percentage points in April to 51 percent. By comparison, only 32 percent had that…
Posted by bryant tutas on May 9, 2013 at 6:45am
Turning point: Over 50% expect home price increases WASHINGTON – May 8, 2013 – More than half of Americans now expect the country’s home prices to climb within the next year – a growing optimism toward the health of the housing industry.
The share of respondents to Fannie Mae’s April 2013 National Housing Survey who expect home prices to go up rose another 3 percentage points in April to 51 percent. By comparison, only 32 percent had that…
Posted by bryant tutas on May 9, 2013 at 6:45am
IRVINE, Calif. – May 7, 2013 – The March CoreLogic HPI (Home Price Index) report released today finds that prices nationwide increased 10.5 percent year-over-year in March – the biggest yearly increase since March 2006, and the 13th consecutive monthly increase in home prices nationally.
On a month-over-month basis home prices increased 1.9 percent in March.
CoreLogic breaks its home sales statistics into two categories: Sales prices that include distressed home sales,…
Posted by bryant tutas on May 8, 2013 at 7:28am
GAINESVILLE, Fla. – May 1, 2013 – Floridians’ consumer confidence rose three points to 79 in April – the second consecutive monthly increase, according to a new University of Florida (UF) survey.
“Many economists … expected confidence to erode in April as the effects of the federal budget cuts known as sequestration along with the expiration of the payroll tax began to unfold,” says Chris McCarty, director of UF’s Survey Research Center in the Bureau of Economic and Business…
Posted by bryant tutas on May 1, 2013 at 3:43pm
Are you looking to buy a new home? Are you thinking that now's a great time to find bargains? Before you make an offer, it pays to know a little about the seller's situation.
If a home is being sold for below what the current seller owes on the property—and the seller does not have other funds to make up the difference at closing—the sale is considered a short sale. Many more home…
ContinuePosted by bryant tutas on May 1, 2013 at 9:30am
IRVINE, Calif. – April 30, 2013 – CoreLogic released its March National Foreclosure Report, with data on completed U.S. foreclosures and the national foreclosure inventory.
Completed foreclosures
According to CoreLogic, the U.S. had 55,000 completed foreclosures in March 2013, down from 66,000 in March 2012 – a year-over-year decrease of 16 percent.
On a month-over-month basis, completed foreclosures rose from 52,000 in February 2013 to 55,000 – an…
ContinuePosted by bryant tutas on May 1, 2013 at 8:02am
Tutas Towne Realty, Inc
Florida Licensed Real Estate Brokerage
Bryant Tutas
Broker
628 Grand Canal Dr
Poinciana, FL 34759
"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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