Calling all Investors!! Housing prices in Poinciana Fl. Are low. Real low. In fact, there are about 35 homes, available right now, that are less than $100,000. These are bank owned properties (REOs) and are NOT short sales. This means they can and will be purchased quickly.
A great example is a 3 bedroom 2 bath home with 1809 sq ft living area built in 2006. This house has never been lived in and is priced at $96,900 or $53.57 per sq ft!!! Folks, that’s incredible. You can’t build a house for that price. This property would easily rent for $900 per month. I’m also sure that by the time you read this it will be sold. It hit the market yesterday and won’t last long.
This particular house sold for $206,500, brand new, in April of 2006. The person that buys this house will get a great property at a great price.
Now, in order to purchase a house like this, you have to be ready to make an offer immediately. When I say immediately, I mean immediately. There will be no time to go look at it. That’s why we have inspection periods. Usually you will have 7 to 10 days to do your due diligence AFTER you have placed it under contract.
I know what your thinking, “Broker Bryant how can we buy one of those houses?” Well I’m glad you asked because that’s the reason for this post. I’m looking for Investors that want to receive details on properties, like this, as soon as they hit the market. Here’s what I’m looking for:
Investors with cash, a credit line or mortgage APPROVAL and who are ready to move quickly.
Investors that can show cash to close or mortgage approval, in writing, so we can submit it with the offer. Banks will not look at offers without it.
Investors that are comfortable making offers without seeing the property first.
Investors that have experience and the financial capabilities to carry a property a few months if necessary while a tenant is being found.
Investors that are willing to sign a Buyer’s Broker Agreement and work with me as their Broker on these specific purchases. I guarantee to work hard and you guarantee that I will get paid.
Folks, this program is NOT for first time homebuyers. I do have other programs available but this one is not for you.
If you don’t have cash available you will more than likely need 20% to 30% as a down payment plus closing costs. We do have “hard money” Lenders available to assist you if needed. The time to get qualified is now, so, when you see a property you want you are ready to act. Time is of the essence.
If this is something that interest you then it’s easy to participate. Just click the link at the bottom of this post and provide me with your info. I will then contact you so we can discuss your needs. Once we have talked and you are accepted into the program I will start sending over property details as soon as they hit the market. If you see something that fits into your Investment plan just let me know and I will forward over a purchase offer for you signatures. Then the fun begins!!!
So there you have it, Broker Bryant’s Investor Program. Let’s buy Poinciana one house at a time. What say you?
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Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
***The content of this blog is solely my opinion***