I was representing the buyer in this short sale situation. The seller, realtor and lawyers had started the short sale process with the bank in Jan 2008. They had received 3 offers on the Seminole Isle property between January and August, but all of them fell apart because the buyers did not want to wait months and months to go to closing. This was another example of the bank taking their merry time. Anyway, my buyer was looking for a 2100 square feet unit in Seminole Isle for a few months and we just could not find one that was priced according to market value.

I checked the MLS twice a day, I personally wrote to all home owners with a 2100 square feet unit in Seminole Isle, asking if they wanted to sell, I called all Realtors and Real Estate agents in the area and asked if they had a pocket listing, I checked public records to find the short sale or foreclosure units and called all the different lawyers. But nothing came up in Seminole Isle.

I guess it was my lucky day when I called the 3 Realtors that had units "under contract" supposed to close soon. Two of them were on tract but one had just gotten the word that his buyer was backing off a day or so before final bank approval. Long story short, my buyer accepted the price the bank was willing to take, we did not have any contingencies and we went to closing 3 weeks later. Corner unit in Seminole Isle 2100 Square feet for $270,000