Property in Coconut Creek, FL 33073 for Short Sale
If you want to know what how much your house will sell for in South Florida, Browardy Count go to Home Value or call Irene Medina.Realtor at 954-439-4851.
The Medina Real Estate Group closed on a Short Sale in the community of Regency Lakes in Coconut Creek, FL in the Subdivision of Osprey Point. Irene Medina, listing marketer, listed the property in January of 2014 for $260,000.00. Property needed lots of work but had great potential. They received an offer in February for $245,000.00 which was submitted to the banks. Once the lien search and title search on the home inRegency Lakes, Coconut Creek, FL 333071, was done they found that the home also had two credit cards judgments attached to the seller. The Coconut Creek home had a total of 6 liens, which were the two mortgages, two credit card judgments and two homeowner association liens. After much negotiating and with help from Mellex Title Services, they were able to close on the property on August 5, 2014. The seller received full waiver on all 6 liens and was able to avoid foreclosure. Irene Medina said, “This was one of the most difficult short sales we have had to negotiate but we did it!” She continued to say, “Another happy seller that has been saved from foreclosure and has received full waiver of all deficiencies!”.
A short sale is when a lender will agree to accept less than what the borrower owes on the mortgage. Many times the lender will also waive the deficiencies. Speaking to an accountant is advised with this type of transaction due to the fact that the borrower may have to pay taxes on the deficiency that was waived.
The Regency Lakes short sale in Coconut Creek, FL 33073 home is a 2 story home with 4 bedrooms, 2.5 bathrooms, 2 car garage with a separate eat in kitchen and family room. Also, has a formal dining room and formal living room. Home measures 2,041 square feet under air and the lot is 6,018 square feet, which is enough room for a pool. This home was built in 1998. It is walking distance to the clubhouse, pool, tennis courts and sand volleyball court. Monthly fee is 221.00. This fee includes lawn care, common area and all amenities.
Facts and Stats About Coconut Creek, FL
The community of Regency Lakes, Coconut Creek, FL 33073 is located near major highways, malls, stores, and new Coconut Creek Hotel.
The number of active listings in Coconut Creek, FL 33073 increased by 10.8% from the previous month. The median number of days active properties have been listed is 48. This is significantly shorter than the national average. The number of sales in May dropped by 90.3% from the previous month.
active listings in Coconut Creek, FL 33073
The percent of unoccupied properties is very low in Coconut Creek, FL 33073. It is -10% below the national average. The percent of rental properties in Coconut Creek, FL 33073 is 15.8% above the national average which is typical for urban areas.
percent of unoccupied properties in Coconut Creek, FL 33073
Median household income in Coconut Creek, FL 33073 is $66,694 with 675 households earning between $35,000 to $40,000 annually. Income levels are listed along the left side of the chart, and the number of households are displayed along the bottom.
Median household income in Coconut Creek, FL 33073
Irene Medina and The Medina Real Estate Group have vast experience in marketing of properties extensively worldwide via the internet. They sell their listings in record time and for top dollar and sometimes for above market and appraised value. They have received many recommendations from their extremely satisfied clients and customers. Irene Medina has been a Floridian for the past 22 years and has been a Broward County resident for 21 years. Irene and The Medina Group service, Plantation, Fort Lauderdale, Coral Springs, Parkland, Davie, Weston, Tamarac, Broward County and South Palm Beach. She has been a Silver medal winner with Keller Williams for the past 3 years. She is a Certified Residential Specialist, CRS, Certified Distressed Property Expert, CDPE, she is also a Graduate of the Realtor Institute, GRI. She also holds the following designations, SFR, CHS, TRC and is working on her Commercial RE accreditation.
Irene and The Medina Real Estate Group will “Stand by YOU Every Step of the Way!” from start to finish.
For Your FREE Home Value go to: Home Value
If you need to Short Sale your home, please go to www.FlShortSaleServices.com
If you are a buyer looking to buy a home go to www.TheMedinaRealEstateGroup.com
Irene Medina, PA CDPE
Realtor ®
Irene_Medina@ymail.com
954-439-4851
www.TheMedinaRealEstateGroup.com
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