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Short Sale Approval from Bank of America in less than 60 days.

  • Property is located in Southern Dunes Country Club in Haines City Florida.
  • Amount owed....$225,000. All on a first lien with Bank of America.
  • Contract accepted on June 6th for $136,000 cash. Buyer and Seller provided by Tutas Towne Realty, Inc.
  • Complete Short Sale package faxed to Bank of America on June 17.
  • Broker Price Opinion (BPO) completed on July 8.
  • Short Sale Negotiator assigned on July 14.
  • Short Sale approval received on August 4. No contribution required from the Seller.
  • Closing scheduled for August 11. Contractual closing date is August 20. We are closing 9 days early.
  • Days from contract to approval……..59!!

Another successful Short Sale from Tutas Towne Realty.

If you are facing foreclosure please give us a call. We CAN help.

***If you are facing foreclosure then please contact me. You do NOT have to be foreclosed on.

Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com

***The content of this blog is solely my opinion***

Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved

Tutas Towne Realty has already successfully negotiated Short Sales with the following Lenders and Investors.

Chase Short Sale,Sun Trust Short Sale, GMAC Short Sale, Wells Fargo Short Sale,Bank of America Short Sale,USA Bank Short Sale,PNC Bank Short Sale,Citi Short Sale,HomeEq Short Sale,Fifth Third Bank Short Sale,ING Direct Short Sale,GreenTree Short Sale,Capital One Short Sale,ASC Short Sale,First Horizon Short Sale,E-Trade Short Sale,Transland Financial Short Sale,US Bank Short Sale,IBM LBPS Short Sale,
Nationstar Short Sale,BAC Florida Short Sale,Real Time Solutions Short Sale,Fannie Mae Short Sale
FHA Short Sale,Selene Finance Short Sale,DTA Solutions LLC Short sale,Flagstar Short Sale,IndyMac Short Sale

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Tutas Towne Realty, Inc handles Florida real estate sales, Florida short sales, Florida strategic short sales, Florida pre-foreclosure sales, Florida foreclosures in Kissimmee Florida Short Sales, Davenport Florida Short Sales, Haines City Florida Short Sales, Poinciana Florida Short Sales, Solivita Florida Short Sales,  Orlando Florida Short Sales, Celebration Florida Short Sales, Winderemere Florida Short Sales. Serving all of Polk, Osceola and Orange Counties Florida. Florida Short Sale Broker. Short Sale Florida.

 

25 Comments on Bank of America Short Sale Approval.

AUG
06
2009
447,818 Points 36 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Bryant,

Well done!

And, your getting paid! I've been trying to educate some that aren't getting paid for their efforts. They want a REALTOR Tax.

Keep up the good work.

Bill

2:15pm • #2
1,254,469 Points 242 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Bryant- Don't you just love it when a plan comes together! Closing days on short sales are such sweet days:) Katerina

2:16pm • #3
722,314 Points 47 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Good for you and great for your client.  Short sales are so much better than foreclosures for people and so many people don't know that their realtor can help.  I hope others in that situation give you a call and let you help them to success.

2:37pm • #4
455,753 Points 6 Featured Posts Outside Blog

Excellent job.  You must know somebody over there.  Maybe there are finally waking up after all these months.  Nice one!

3:14pm • #6
429,318 Points 57 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Congratulations on a job well done-  Sounds like you moved the process along perfectly to conclusion.  I will keep my fingers crossed all goes well on the 11th.

3:54pm • #7
190,630 Points 3 Featured Posts Outside Blog

Great job, do you think BofA is getting faster?  I have recieved approvals on 5 BofA properties in the last 3 weeks.  Lets hope!

3:55pm • #8
362,055 Points 5 Featured Posts Localism Sponsor Attended Rain Camp

Congratulations. Hope the fat lady sings.

4:04pm • #9
415,283 Points 22 Featured Posts Outside Blog

This is good news. We are on a holding pattern with them right now on one - 2nd is already cleared... crossing fingers. ~Rita

4:49pm • #10
296,965 Points 3 Featured Posts Localism Sponsor Outside Blog Hit Router

Wow congrats on a great deal Bryant. 2 months to get a short sale approved is no small feat and to get an offer on a short sale property to stick for 2 months is an even bigger one.

4:54pm • #11
762,360 Points 62 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

And with no seller contribution with B/A - that is amazing.  Congrats on getting er done fast.

5:55pm • #12
AUG
07
2009
320,906 Points 52 Featured Posts Outside Blog

This is the type of success story that I love to read about!   Congrats to you and your clients for the hard work and patience.

6:57am • #14
975,451 Points 17 Featured Posts Hit Router Called Shot Master

Nice job Bryant.  I've got one with Bank of America that just isn't proceeding very fast.  Hopefully in another 15 days or so.

6:58am • #15
936,830 Points 361 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

YIPPEE!! Got to love it when a short sale gets approved in a reasonable amount of time. I wish all of my BoA would go as smoothly.

7:37am • #16
386,851 Points 6 Featured Posts Localism Sponsor Outside Blog

Dear BB,

That is fantastic! It is always great when things happen the way they are supposed to! Congrats on smooth closing!!

B

8:40am • #17
SEP
15
2009
1 Featured Post Localism Sponsor

Bryant, what have you heard about BofA allowing non Arm's Length Transactions?

5:48pm • #19
OCT
02
2009

Bryant, whose your contact at Bank of Ameria...I have one going on 6 months.

12:45pm • #20
OCT
14
2009
1 Featured Post

Excellent. I love those kind of stories. There are actually positive things happening.

6:48pm • #21
NOV
11
2009

Wow ,hope my agent can even come close to that for me!!! I put an offer in on a bank of america short sale on sep 18th,Today  i get some feedback from my agent that she got from the sellers agent,She talked to the bank on nov 10th and the bank told her that the bpo was put into there system on nov 9th,he said a negotiator was not assigned yet,but should happen in the next 5-10 days, he also shared with the sellers agent that the appraisal looked good.My agent the buyers agent passed all this on to me and told me she feels real good that we will close by mid dec!! Is this lip service to keep me on board or do you think that we could close this soon by knowing where its at with the bank? Please help me iam going nuts waiting and i want this house!!!!

Kevin
6:49pm • #22
MAR
21
2010

That's great.  We have an awesome agent and have been going thru this short sale process since July 09.

Finally received our approval letter and a closing date of 4/7/10.  I believe the loan was for 200,000 and we bid 110,000.  However, BOA is requiring $25,000 from the seller to help towards closing or the sale may not go thru.  We have been told the seller is not going to sign the note.  Now what?  Apparently she owns 2-3 other properties.  Her name is not listed on her principle  residence (which is worth 700,000) and her husband owns a chain of appliance stores.  Please. Wouldn't she just like to get this over with also?

Joyce
12:09pm • #23
936,830 Points 361 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Joyce. I'm sure it's furstrating for you. I hope the seller can come to terms so you can close.

4:42pm • #24
JUN
19
2010

I have a cash offer on a short sale with bank of America from November 2009.  Today is June 19, 2010 and I am still waiting for an approval letter.

Gavina
7:47am • #25

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Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc

Poinciana, FL

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Bryant Tutas-Tutas Towne Realty, Inc

Address: 628 Grand Canal Dr, Poinciana, Fl, 34759

Office Phone: (407) 870-9003

Cell Phone: (407) 873-2747

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