Petra Norris Realtor® Lakeland FL Homes for Sale (CDV TransAtlantic, Inc.)
4209 Arietta Lane Lakeland FL -
Another Lakeland Florida Short Sale
"Sold"
It was a long process
and SunTrust took a
very long time to approve this Lakeland Florida short
sale in the Village at Lake Highlands.
In fact, it took SunTrust nine month to approve the
short sale on the first mortgage and a HELO. The buyer stuck with it throughout
this whole process, knowing that it was a great deal.
 Home - 3 bedroom 2 bath townhouse
in Lakeland Florida
1st Mortgage
with SunTrust for
$157,000 - Agreed to accept $84,300 including seller's
contribution.
HELO with SunTrust for $48,000 - Agreed to
accept $3,790 with a promissory note of $16,592.00 to release the
lien.
Seller contributed cash to closing
of $1,277.00
The transaction took 309 days from
contract to closing.
Seller is delighted - no
foreclosure
Buyer is happy - saved $21,400 to
a comparable home - same layout and size - sold the same
month.
Foreclosure can be avoided
through Short Sale! If you need to sell your
home in Lakeland Florida as
a short sale, hiring an experienced real estate agent who
is knowledgeable on both sides of the transaction is basis for a
successful closing.
Authored by Petra Norris
Petra Norris - REALTOR®,
SFR
Managing Broker - CDV TransAtlantic, Inc.  (863) 619-6918  |
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