Legacy Dunes (Kissimmee, FL)
By Mark Horan, "The Resident Chef" - Resident Team Realty LLC &
(Resident Team Realty, LLC & Toni's Property Management LLC)
  Real Estate For Sale in Legacy Dunes Kissimmee, Florida        .      Real Estate For Sale in Legacy Dunes, Kissimmee, Florida  is a community located in West Kissimmee just off West HWY 192. This location is close to shopping,restaurants and accessing major roads. Walt Disney World Resort is within minutes and has great occupancy. Close to Hwy 192, and I4 which makes easy access to all theme Parks and Downtown Orlando.      Legacy Dunes gated condo community built in 2000 is just 14 minutes from Walt Disney World and near Orlando area attractions. 488 condominium units on 50 acres. Size ranges from 900 sq. ft. to 1,377 sq. ft. under air. Screen patios and balconies over looking lake and conservation views. When searching in Central Florida for an investment opportunity Legacy Dunes i...
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By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
  Tutas Towne Realty and Bryant Tutas  just had another successful Kissimmee Florida Short Sale closing with Bank of America.  The property:   Investment Property. 2 bedroom 2 bath condo located in Legacy Dunes in Kissimmee Florida. This home has 1,110 sq ft of living area and was built in 2000. It was purchased in 2006 for $315,000. It Sold 8/30/2012 for $63,000. That's a decline in value of 80% in 6 years.    Liens: 1st Mortgage with Bank of America for $227,000 HOA lien for $16,500   Hardship:  Loss of income. Loss of renters.  Summary:   Tutas Towne Realty placed the property on the market December 2011 for $59,000. 24 days later we negotiated a deal at $59,000. It was a huge challenge to get the HOA lien paid. When we started the short sale the lien was for $10,000. I used a figure...
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By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
Well this one was not easy. Sun Trust took 11 months to approve this Short Sale! Nine of those were waiting on the file to be assigned to a negotiator. During this time we lost 2 buyers and finally found one to stick.....I thought. About 3 weeks ago I received the approval to close. Even though I had communicated with the Buyer's agent every week for the last 9 months I found out a week before closing that the Buyer had changed his mind!!! So....I had to place the property back on the market as an "approved short sale". We needed a cash buyer that could close in 7 days at the full asking price. Luckily we found one. Lolita' Clay from Exit Realty brought a full price cash Buyer and they closed today. 3 days before the Short Sale approvals expired. Way to go Lolita!!! Property: 4 bedroom...
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   I've been getting a lot of inquiries on Legacy Dunes this past week from investors that are just looking for a solid, inexpensive investment in the Disney area.  Many of the investors who are buying property in here don't have any intention of using it for short term.  Some plan on renting it for a year and then trying to flip it, some just want to rent it full time and live in it for retirement and some are just buying it because it's cheap and they will figure out the details later.  Whatever the case may be there is one thing that is certain. . . If you plan on investing in a Legacy Dunes condo in Kissimmee you can plan to pay above asking price! The comps don't lie.  I've comped out every sold condo recorded in the MLS for the past six months and % of them sold for over asking pr...
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By Erica Muller
(The Flamingo Group )
    Property flipping in this market? You betta believe it! Legacy Dunes condos in Kissimmee are not only being marketed on Ebay but are actually selling and the investors are making a quick profit and not a bad one if I may say so myself. Are they being marketed honestly though?  It would appear from this ad that the value of the property is being misrepresented. . . This is just one of many examples of Legacy Dunes condo properties being flipped on ebay for a fast and hefty profit: Here is the original listing from the MLS showing a closing date of May 1, 2009 for $27,000 (bank owned of course) Here we are less than a month and a half later and we see this exact condo listed on E-bay for $59,000 with bids on it!!!!!! Even if this condo sells for $40,000 that’s almost doubling your mon...
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  Read The Full Article Here: www.ThePinkFlamingo.info If you’ve spent any time shopping for a vacation condo in Kissimmee lately than you’ve most likely run across a community called Legacy Dunes Condos.  With prices starting in the $25,000 range you just can’t resist the urge to click on the picture and get more information.  You’re first thought upon looking at the appealing photographs of Legacy Dunes may be, “Wow! Why are these so cheap? What’s the catch?” and you’re instinct is to click on the “get more info” buton.  Allow me to save you the time and hype and lay it out on the table for you: Why are Legacy Dunes Condos in Kissimmee So Cheap? Reason #1: Legacy Dunes Condo Association Fees are Very High  for What You Are Getting Now I’m not against Condo fees like some of you may th...
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Kissimmee, FL Real Estate Professionals