Mark Formsma

"Your Padre Island Neighbor"
  • I'm a:
  • Real Estate Professional
  • Company:
  • Coldwell Banker Island, Realtors
  • Location:
  • Web sites:
  • Phone:
  • (361) 688-4320
Mark Formsma, in Corpus Christi, TX
  • 15 Answers
  • 1 First Answer
  • 4 Useful Answers
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About Me
Professional Experience
2nd year as Texas Realtor® with Coldwell Banker Island, Realtors®
8 years as a Realtor with Jaqua Realtors, Kalamazoo, MI
26 Years as a Public Educator —Retired Teacher, Coach,
Principal, and Assistant Superintendent

Education and Current Professional Affiliations
B.A. and M.A., Eastern Michigan University, Ypsilanti, MI
Member, Corpus Christi Association of Realtors
Member, Texas Association of Realtors
Member, National Association of Realtors

Business Philosophy: I will provide my clients with the timely information
and advice they need to become confident, competent buyers and sellers.
My Q&A View all >>
Mark Formsma's Questions (0)
Mark Formsma's Answers (15)
Jeff Mays, Real Estate Professional in Richmond

Do you use Craigslist in your marketing?

Asked Thu Apr 17 2008, 01:48 by Jeff Mays  -  All locations  -  Agent2Agent  -  35 answers
Mark Formsma answered:
Yes; it's another way to show the owner you're hustling to sell the property, even thought the effectivness of craigslist is open to question and varies from one area to another. - Thu May 8 2008, 20:43
Hadjer Ahner, Real Estate Professional in Bucks, Mont, Berks, ...PA

Electronic lock box or combo which one would you rather open on your showings and why?

Asked Tue Apr 1 2008, 19:28 by Hadjer Ahner  -  Pennsylvania  -  Agent2Agent  -  12 answers
Mark Formsma answered:
The electronic lockbox is expensive, but offers better security and more immediate feedback/follow-up opportunity...probably worth the extra cost. - Thu May 8 2008, 20:41
Christian Ha…, Real Estate Professional in Destrehan

I want to break into the reo market in my area...What is the secret!!! How is this done!!?

Asked Thu May 8 2008, 14:39 by Christian Ha…  -  All locations  -  Agent2Agent  -  3 answers
Mark Formsma answered:
Do BPOs...it will lead to reo listings down the line - Thu May 8 2008, 20:32
Jill, Home Buyer in Savannah

I am interested in finding out a step by step procedure to purchase a home on the Courthouse steps

Asked Thu May 8 2008, 20:17 by Jill  -  All locations  -  Foreclosure  -  2 answers
Mark Formsma answered:
Whatever you might buy at the courthouse steps, find out first is a reputable title company will issue title insurance or not. Most courthouse steps sales have redemption periods, arcane timelines for statutory processes to occur, etc. On top of that, there may very well be lenders who will outbid you in order to protect their investments. Unless you have lots of time and patience, go instead for investment proiperty with positive cash flow. - Thu May 8 2008, 20:29
Ryan, Just Looking in St. Louis Hills

Open Opinion Thread: "Why should someone buy in this market?"

Asked Wed Apr 16 2008, 15:41 by Ryan  -  Chicago  -  General Area  -  1521 answers
Mark Formsma answered:
"In this market..." Each market is localized; In general, buy real estate as an investor, based on best cap rate and projected appreciation and rent a residence located where you need to live for your everyday life (family, job, schools, etc.). - Thu May 8 2008, 20:21
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Specialties
My specialty is Padre Island (78418) and Mustang Island (78373), particularly waterfront vacation homes and condos. I also work with investors in these areas, especially those who wish to buy a second home, use it part-time, and have it rented short-term when they're not using it.
Interests
Boating and golf...it's a good thing I don't fish, so I still have time to work.
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