Tutas Towne Realty and Bryant Tutas just had another successful Orlando Florida Short Sale closing with Bank of America. The property: Primary Residence. 3 bedroom 2 bath single family home located in Orlando Florida. This home has 1,422 sq ft of living area and was built in 1988. It was purchased in 2007 for $240,000. It Sold 10/15/2012 for $115,000. That's a decline in value of 52% in 5 years. Liens: 1st Mortgage with Bank of America for $192,000 2nd Mortgage with Bank of America for $48,000 Hardship: Loss of income. Separation. Summary: Tutas Towne … (12 comments)
Tutas Towne Realty and Bryant Tutas just had another successful Orange City Florida Short Sale closing with Bank of America. The property: Investment Property. 3 bedroom 2 bath single family home located in Orange City Florida. This home has 1,240 sq ft of living area and was built in 2005. It was purchased new in 2005 for $158,900. It Sold 8/15/2012 for $65,600. That's a decline in value of 59% in 7 years. Liens: 1st Mortgage with Bank of America for $112,000 Hardship: Loss of income. Loss of renters. Summary: Tutas Towne … (2 comments)
Low to no documentation from the Seller. Pre-approved pricing with aggressive price reductions. $2,500 cash to the Seller at closing. Full Waiver of Deficiency. 6% Commission.. Can be an investment property.
It’s basically HAFA without all of the paperwork and time delays. I’ve done quite a few of these … (11 comments)
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