Solivita. A Baby Boomers Paradise

Posted by admin January - 29 - 2013 - Tuesday ADD COMMENTS

I’m a Baby boomer. I’m one of over 68,000,000 million Baby boomers born between 1946 and 1964. I was born in 1957.

Baby boomers control over 80% of personal financial assets and more than half of all consumer spending. We buy 77% of all prescription drugs, 61% of over-the-counter drugs, and 80% of all leisure travel.

And……according to the 2011 Associated Press and LifeGoesStrong.com surveys:

  • 60% lost value in investments because of the economic crisis
  • 42% are delaying retirement
  • 25% claim they’ll never retire (currently still working)

As a Baby boomer myself I can relate to each of the above. My wife and I lost just about everything during the financial crisis of 2008.

Retirement is a pipe dream. Mostly because I’m self employed and really have no reason to retire. I work from home and truly enjoy what I do.

The Lovely Wife and I moved into SoliVita, an over 55 active adult community in mid 2010. Our last house was way too big and keeping up with it was becoming a burden. So we downsized. We moved to one of Florida’s World Class Active Adult Communities, SoliVita.

Making the decision to downsize and move into a Florida over 55 active adult community was one of the best decisions we have ever made. Since moving here our lives have changed for the better.

We get more exercise, eat better and relax more. We spend more time outside enjoying all of the amenities in SoliVita.

At age 55 we are in the best shape of our lives.

Getting old does not have to suck. It can truly be the best time of your life.

Can we help you with your SoliVita Real Estate needs? New and resale homes available from low 100s to high 400s.

The Fear Of The Solivita Short Sale

Posted by admin May - 27 - 2012 - Sunday ADD COMMENTS

As you may know, I list and sell a fair amount of Short Sales in Florida. One of the many issues I face is Sellers who are all gung ho about doing a Short Sale and then they disappear.

At any given time I could have a dozen listing packages out there that I am waiting on to be completed and returned. The Sellers and I have spent time on the phone discussing their situation and the way forward. All that’s left is for them to complete the paperwork and get it back to me.

Then…nothing. Nada. Zilch. No response and no returned calls or emails.

Why does this happen?

My opinion is that it happens due to fear. Fear of losing their home. Fear of needing to move. Fear of incurring moving expenses and rent payments on top or an already bleak financial situation.

Some of these folks haven’t made a mortgage payment in a year or more. Once the Short Sale is completed the living for free is over.

Fear of uncertainty. Not knowing if the Short Sale will succeed. Knowing that once they make the decision to move forward they are venturing into the unknown.

Fear of taking action. Not taking action can be comfortable.

Fear of being looked down on. Doing a Short Sale means admitting you are in trouble financially. The neighbors will know.

These are just a few of the reasons why taking the next step towards doing a Short Sale can be difficult.

Having been through two Short Sales myself I can relate to each and every one of these.

Making the decision to Short Sale our properties was very difficult. It was humbling. We lived in a small town at the time and I was supposedly a successful Real Estate Broker.

I feared knowing that my peers would see my properties on the market as Short Sales.

I feared my business being affected because of it. Of course business was already in the toilet so it couldn’t have gotten much worse. So my fear was really just my ego getting in the way..

BUT……in spite of my fears I made a decision to move forward with the Short Sales. As soon as I made the decision I felt better. In fact I felt smart! Smart to be taking action and smart to be unloading a “thing” that was just harming me and my family.

It was freeing. I took control of the situation and conquered it.

Today, almost 3 years later, I look back and see that my decision to get my ego out of the way and solve the problem was the best thing I have done in a long time.

Being able to relate to others who are facing Short Sales because I have “been there done that” has caused my business to explode!!

There is life after a Short Sale. And I truly believe you will find life to be much more fulfilling than it was before. So set your fears aside and take the plunge.

Use the Short Sale as a fresh start. Truly explore why you are in this situation and then make changes so it doesn’t happen again. Don’t let your ego stand between you and your new simpler future.

And that’s all I have to say about that. What say you?

Should I Buy A Car Before Doing A SoliVita Short Sale?

Posted by admin December - 10 - 2011 - Saturday ADD COMMENTS

Hi folks. Recently I have had several SoliVita Short Sale sellers ask me the same question…..”We need to replace our car. Should we do that before we go through the short sale process?” The concern is that once they go through the short sale their credit will be dinged and financing an automobile will not be easy. One is even paying cash and is concerned how it will look that he went out and spent $15,000 cash on a car and then turned around and asked the lender to accept a short sale.

Interesting question. And one that certainly shows that we are in a different stage of the short sale wave. The Short Sale Sellers mentioned above do not have cut and dry hardships. They are current on payments and have great credit scores.

The first wave of short sellers that started mostly in 2008 were distressed sellers. Property owners that could no longer afford to make their mortgage payments. The next wave were folks that had adjustable rate mortgages that were resetting and they couldn’t refinance as promised when they took out their mortgages.

The current wave is made up of folks that just need to sell but can’t because their properties are too far underwater. They are current on their payments and are not in foreclosure. They could continue to make payments. BUT….they have to move.

Their family has out grown the property. They have a job transfer. Or they are strategic short sellers.

Their situations are different than the first two waves of short sales…

So……should they go out and replace their car prior to doing the short sale? It depends. My response to them is……..

  • “If replacing your car is something you would be doing even if you weren’t getting ready to do a short sale then, yes, go ahead and do it. If dependable transportation is needed for job purposes then, yes, go ahead and replace it now. Do what you need to do to make sure your family is taken care of. BUT…be able to defend your position if the lender ask you about it. Be able to show that buying a car was needed and not just wanted. And…..be prepared to make a cash contribution towards the short sale lender’s loss.”

This is my opinion. What’s yours?

Do you need help with your SoliVita Short Sale?

Do You Need A SoliVita Short Sale Specialist?

Posted by admin November - 27 - 2011 - Sunday ADD COMMENTS

Am I a Short Sale Expert? I don’t think so. Even though my new CDPE designation says I am!!! Yes that’s right I am now a Certified Distressed Property Expert (R).

VISIT MY SOLIVITA SHORT SALE INFO SITE

As you may know, my partner Wendy Rulnick and I own the most active Short Sale Network in the World at ShortSaleSuperstars.com and we have been teaching agents how to do short sales for several years now. BUT….we are not Short Sale Experts.

So…..we both decided to attend the CDPE classes and get our Certified Distressed Property Expert (R) designations.

Wendy took hers online and I attended the 2 day CDPE class in Orlando Florida this week. You’ll be happy to know we both “passed”!

I was the lucky one since I didn’t have to take a test. Just show up and be present for 14 hours of class and BAM!! you too can be a Short Sale Expert.

But Broker Bryant, how was the course? I’m glad you asked. I found it to be very good. The information being taught was relevant, accurate and fairly detailed. If an agent took the CDPE course, that had zero short sale experience, they would certainly be a position to help some folks avoid foreclosure. I would still recommend they have a mentor to assist with them with their first few short sales but they would at least know the process. And they would have the forms and materials to get them started.

CDPE has a very thorough package of Short Sale documents and forms that would help any agent. Lots of good questionnaires and disclosures to protect the agents and their brokers while at the same time helping to educate the Short Sale sellers.

Plus the CDPE Advanced Membership provides you with monthly marketing materials, website and continuing support for your short sale business.

So all in all my hat’s off to Alex Charfen for authoring a very excellent Short Sale Designation with CDPE. Well done Alex!!!

But please….don’t call me a Short Sale Expert. Just call me Broker Bryant, The Best And Hardest Working Short Sale Broker You Will Ever Find In The State Of Florida. Next to Wendy, of course 🙂

Do You Need To Short Sale Your SoliVita Home?

Posted by admin November - 6 - 2011 - Sunday ADD COMMENTS

You may even qualify for a cash incentive*** from your Lender to do a SoliVita Short Sale.

***These programs are not available to all Sellers and the incentives may vary from State to State.

Here are the Florida Short Sale Incentive Programs that I am aware of:


HAFA. Home Affordable Foreclosure Alternative. Lender will pay the Seller $3,000 as a Relocation Assistance. Only for primary residences.


FHA PFS. HUD Pre-Foreclosure Sale. Seller can receive $1,000 for relocation assistance. Just yesterday I received FHA PFS approval increasing the seller incentive to $4,000!! Only for primary residences.


Chase Short Sale Incentive Program for select Borrowers offering them up to $35,000 to do a short sale.


Bank of America Co-operative Short Sale. From $3,000 to $20,000 Short Sale Incentive.

Citi Bank, Wells Fargo and Ocwen also have programs available for select home owners. Amounts vary from $3,000 to $35,000. Most are in the $5,000 range.

Folks if you are behind on your SoliVita mortgage payments be sure to open any and all mail you receive from your lender. It could very well be an offer to Short Sale your property. These offers are usually time sensitive and require immediate action on your part.


But why would my Lender pay me to do a SoliVita Short Sale? That’s a good question. For one, it less expensive, for them, for you to cooperate during the Short Sale process and maintain the property than it is for the Lender to foreclose and get an abandoned property back. Also, the Lender does not want you to continue living in the property for free. They would rather pay you to do a Short Sale now than have you live there for another year or so while deciding what to do. The incentive gets you to take action.

Whatever their reason is..…it’s a good opportunity for you. Any questions?

Are you under water on your Florida mortgage?

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.

Copyright © 2011 http://www.brokerbryant.com/ | All Rights Reserved

SoliVita Unveils New Model Homes

Posted by admin January - 30 - 2011 - Sunday ADD COMMENTS
SoliVita Model Home

SoliVita Floor plans

SoliVita recently hosted a Realtor(R) open house to show us their new model home park. All I can say is WOW!! The new homes are gorgeous and the prices are very reasonable. Homes starting at $126,990 for the 1,278 sq ft Marathon model up to $367,990 for the 2,980 sq ft Cordoba model.  And everything in between. 17 floor plans to choose from. Something for everyone.

The best part of course is living in SoliVita. SoliVita is Florida’s premier retirement community designed for active adults over 55. SoliVita offers 2 championship golf courses at Stonegate Golf Club. 14 heated swimming pools including the indoor aquatic center for year round water exercises and swimming.

SoliVita Amenities include: Numerous lakes and canals for boating and fishing. 2 fitness centers. Grand Ball Room. Computer centers. Library. Restaurants. Tennis courts. Pickle Ball courts. Ball field. Dog park. Shuffle board. Over 100 clubs to join. And so much more.

Folks, if you are looking to retire in Florida or just want to simplify your life then you owe it to yourself to take a look at SoliVita. I moved here in May of 2010 with my wife and have to say it has been the best place we have ever lived. I’d love to give you the tour!!

SoliVita Resales are also available staring in the 90s.

Looking for a Florida Retirement Home?

Posted by admin June - 16 - 2010 - Wednesday ADD COMMENTS

If so……why not check out Solivita? Solivita is a World class 55 and over active adult community. Solivita features single family homes from the low $100s to the high $500s. Two Championship golf courses including StoneGate. Beautiful Riviera Spa and Fitness center and so much more.

Each Solivita community has a 24 hours manned guard gate. Solivita is located in Poinciana Florida. 25 minutes from Disney World Orlando. By the end of 2012 we should have one of the most modern hospitals in Florida directly across the street from the entrance to Solivita. Buy now while the prices are good. We’d love to have you.

Now you are probably wondering what active adults do. Well check it out……

The long tail tells the tale!

Posted by admin December - 31 - 1969 - Wednesday ADD COMMENTS

 

Ok, so I did a little Google test today. I’ve been reading about the “long tail”, not quite sure I understand this but how’s this:

I “Googled” and my ActiveRain blog showed up as follows.

 

 

  • Transaction Brokerage Relationship-came in at #5 out of 7,690,000.
  • Transaction Broker Relationship-came in at #10 out of 4,790,000.
  • Range Pricing-came in at #s 10,12 and 13 out of 62,500,000.
  • Non-Brokerage Relationship-came in at #3 out of 9,001,000.
  • Transaction Broker-came in at #10 out of 902,000.
  • 45 Day Listing Agreement-came in at #1 and 2 out of 21,100,000.

So, folks, if you need “expert” advise about Real Estate please contact, Broker Bryant. Oh, by the way, you can “Google” that too!

ActiveRain-The Good the Bad and the Ugly.

Posted by admin December - 31 - 1969 - Wednesday ADD COMMENTS

I don’t know if you guys have noticed, but what an awesome week we have had on ActiveRain. Man, I love this place! Here is a list of some of my favorite ActiveRain moments. And of course, my favorite picture-Craig Schiller.

We’ve had:

Scandal:

Politics:

Decision and Indecision:

Realtors writing about staging and Stagers writing about Real Estate:

NAR from New Orleans updates:

Consumer care and concern:

Veterans Day:

Carnival of Real Estate-coming and going:

Mortgage Folk battles and Blog Wars:

Consumer debates:

Technology:

System Failure:

So there you have it folks. Some of the posts that have brought me joy, frustration, confusion, pride and have made me think. All I can say is that if you are just posting and not reading you are missing out on some serious information here at ActiveRain.

Please accept my apologies for anyone I may have left out. There are way to many excellent posts for to include them all. Please fee free to link to your favorites in the comment section. Have a great week!!!

P.S. Please let me know if any of the links aren’t working and I will fix them. Thanks. Broker Bryant signing off.

NO, NO, NO, NO, NO, NO…………………Consumer beware!!!!

Posted by admin December - 31 - 1969 - Wednesday ADD COMMENTS

While reading through this month's Florida REALTOR magazine, I noticed quite a few ads for 100% commission split offices. We've all seen them. They go something like this:

  • NO office fees
  • NO franchise fees
  • NO transaction fees
  • No waiting on commission checks
  • NO quotas to meet
  • NO sales meetings to attend
  • NO "junk charges" of any kind
  • ***Only $395 per closing!***

Now, the one thing that stands out to me, in these ads, is the fact that they don't say "experience required" or "only full time professional Realtors need apply" or how about this one "not for the faint of heart". I'm sure they don't mention these things because experience is NOT required. I'm sure they don't care if you fail or if you succeed. The deal is, hire as many REALTORS as you can, from all over the State, and if they close some deals we'll get our $395, if not, so what. Now, from a strictly monetary point of view, I guess this is a pretty good strategy. The fee is very enticing and you could probably get 100s of REALTORS to hang their license with you. Hey, if they can close 100 deals a month, the broker would "magically" make $40,000 a month, just for making their license available. Pretty good plan.

But of course, the one that suffers is the consumer. All these NOs, they advertise, also mean NO training and NO supervision. You are on your own. It's strictly a numbers game and its very scary. I have a Florida's Broker's license and could very well do this. But you know I take my job as a REALTOR very serious and couldn't even imagine sending untrained and unsupervised REALTORS out on the public. Plus, my license is very valuable to me. If I want to make $40,000 a month, personally, I prefer to work for it.

The State of Florida placed this little law into effect on July 1, 2006.

475.25 Discipline.–

(1) The commission may deny an application for licensure, registration, or permit, or renewal thereof; may place a licensee, registrant, or permittee on probation; may suspend a license, registration, or permit for a period not exceeding 10 years; may revoke a license, registration, or permit; may impose an administrative fine not to exceed $5,000 for each count or separate offense; and may issue a reprimand, and any or all of the foregoing, if it finds that the licensee, registrant, permittee, or applicant:

u) Has failed, if a broker, to direct, control, or manage a broker associate or sales associate employed by such broker. A rebuttable presumption exists that a broker associate or sales associate is employed by a broker if the records of the department establish that the broker associate or sales associate is registered with that broker. A record of licensure which is certified or authenticated in such form as to be admissible in evidence under the laws of the state is admissible as prima facie evidence of such registration.

So, with that in mind, I think I'll keep working for my money. This is definitely a case where a short term reward could cause you to be put out of business, permanently. If I'm doing my math correctly, I can hire a handful of associates and train them properly, hoping they close about 10 deals a month between them and make quite a bit more than hiring a massive quantity of untrained REALTORS and hope they close 100 deals. Much less risk and the possibility of a higher reward. Oh that's right, I forgot, my plan would require work. Wouldn't want to have to do that, now would we? What say you?

DISCLAIMER: These are not ads for major franchises. These are ads for mom and pop "rent a broker" agencies.

About us

I am a licensed real estate Broker in the state of Florida. My opinions on real estate have been formed from my experiences and 15 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.