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Bank of America Short Sale Approval.

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***

Posted by Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc on 08/06/2009 02:12 PM

Comments (22)

Short Sales in the Home Selling Channel

short sale, bank of america

Originally posted at: Central Florida Short Sales: Bank of America Short Sale Approval.

This post has been included in Florida Information Polk County, FL Information Haines City, FL Information

22 Comments on Bank of America Short Sale Approval.

AUG

Reserved Parking For "The Lovely Wife"...TLW...ROAR!

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

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

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.

BB - This is absolutely great! Congratulations

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

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.

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

Congratulations. Hope the fat lady sings.

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

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.

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

Bryant - Wicked awesome job!!

AUG

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.

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.

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.

Dear BB,

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

Very cool! Great job. :)

SEP

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

OCT

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

OCT

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

NOV

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!!!!

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