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
  • 19 Answers
  • 2 First Answers
  • 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 (19)
Lil, Home Buyer in Austin

Why so many Villa Del Sol & Surfside condos for sale? Whats the deal with these?

Asked Tue Jul 15 2008, 12:10 by Lil  -  Corpus Christi  -  General Area  -  5 answers
Mark Formsma answered:
Most of it is just coincidence, but sometimes other factors are involved, like falling booking rates, required updates necessary to remain in the rental pool, change in property management, etc....There is much new condo construction on Mustang Island right now...for the first time, older units may be facing competition from newer stuff, which may cause a shake-out among older units. It may seem like much is on the market, but if it's a 100 unit condo with 4 on the market, that's only 4% for sale. - Sat Jul 19 2008, 06:20
Candice, Home Buyer in 78418

A two part question:

Asked Mon May 19 2008, 09:31 by Candice  -  Corpus Christi  -  Home Buying  -  3 answers
Mark Formsma answered:
With the amount that property values have declined on Padre Island, you may be missing opportunities by only considering foreclosures, which make up only a small percentage of the Padre Island homes for sale. Those few Padre Islanders who find themselves in financial pinchesavoid foreclosure by marketing it with a broker long before they wind up in that [foreclosure] situation. There are many good bargains currently available. - Sat Jul 19 2008, 06:12
Clr, Just Looking in Dallas

Hi! We'll be moving to CC next year and are interested in purchasing an older home in the Del Mar

Asked Thu Jul 17 2008, 10:59 by Clr  -  Corpus Christi  -  Home Buying  -  2 answers
Mark Formsma answered:
Have an agent begin to e-mail listings to you that match your criteria. 60-90 days prior to intended offer/purchase, visit Corpus Christi to view what's on the market. This will help you to gain your personal sense of [property] value in your area of interest. Keep updating your personal "favorites" list so you can quickly make a short list of those to consider when you return to town for your buying tour. Don't sign with a buyers agent until you have worked with her/him enough to know (s)he is a good match for you, but decide on an agent before you decide on a property. - Sat Jul 19 2008, 06:06
Rebellyell, Buyer & Seller in New York

Advise Required on Corpus Christi Condo

Asked Fri Jul 18 2008, 13:24 by Rebellyell  -  Corpus Christi  -  Home Buying  -  2 answers
Mark Formsma answered:
Due to storm insurance and taxes, Port Aransas area condos provide the best opportunity for positive cash flow in the Nueces county coastal areas. You should make your decision based on the amount of time during the year you intend to occupy the unit yourself and if you intend to keep the unit to live in as a retirement home later on. Another important factor is on-site vs. off-site property management. With all the new condo construction in Port A., for the first time, older units may not book as well as they used to, unless they have a great location. - Sat Jul 19 2008, 05:53
Jeff Mays, Real Estate Pro 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
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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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