chase: Wellington Florida Short Sale Success With Chase - 03/27/13 10:54 PM

Tutas Towne Realty and Bryant Tutas  just had another successful Wellington Florida Short Sale closing with Chase. 
 The property:
Investment Property. 4 bedroom 3 bath single family pool home located in Wellington Florida. This home has 2,638 sq ft of living area and was built in 2003. It was purchased in 2005 for $494,500. It Sold 03//22/2013 for $250,000. That's a decline in value of 49% in 8 years. 
  Liens:
1st Mortgage with Chase for $395,000  2nd Mortgage with Chase for $90,000
   Hardship:
 Divorce
 Summary:
The property was placed on the market December 7, 2013 for … (9 comments)

chase: Wellington Florida Short Sale Success With Chase And Bank Of America - 01/24/13 11:01 PM


Tutas Towne Realty and Bryant Tutas  just had another successful Wellington Florida Short Sale closing with Bank of America. 
 The property:
Primary Residence. 3 bedroom 2 bath single family home located in Wellington Florida. This home has 1,569 sq ft of living area and was built in 1977. It was purchased in 2005 for $350,000. It Sold 10/16/2012 for $175,000. That's a decline in value of 50% in 7 years. 
  Liens:
1st Mortgage with Chase for $357,000  2nd Mortgage with Bank of America for $50,000
   Hardship:
 Loss of income.
 Summary:
The property was placed on … (6 comments)

chase: West Palm Beach Fl Short Sale Success With Chase Bank - 01/24/13 10:04 PM
  Tutas Towne Realty and Bryant Tutas  just had another successful West Palm Beach Florida Short Sale closing with Chase Bank. 
 The property:
Investment Property. 2 bedroom 2 bath Mezzano condo located West Palm Beach Florida. This condo has 1,141 sq ft of living area and was built in 2004. It was purchased in  August 2005 for $256,000. It Sold 1/11/2013 for $90,000. That's a decline in value of 65% in 8 years. 
  Liens:
1st Mortgage with Chase for $178,000  2nd Mortgage with Chase for $8,000
   Hardship:
 Loss of income. Divorce.  Summary:
The property was placed the property … (2 comments)

chase: Poinciana Florida Short Sale Success With Chase - 01/07/13 12:44 AM

Tutas Towne Realty and Bryant Tutas  just had another successful Poinciana Florida Short Sale closing with Chase Mortgage. 
 The property:
Investment Property. 4 bedroom 2 bath single family home located in Kissimmee/Poinciana Florida. This home has 2,849 sq ft of living area and was built in 2005. It was purchased in 2005 for $173,000. It Sold 12/13/2012 for $101,500. That's a decline in value of 42% in 7 years. 
   Liens:
 1st Mortgage with Chase for $206,000
    Hardship:
 Loss of income.
  Summary:
Tutas Towne Realty placed the property on the market 30 April 2012 for $100,000. … (0 comments)

chase: Chase HAFA Short Sale Success In Saint Cloud Florida - 09/18/12 12:33 AM
 

Tutas Towne Realty and Bryant Tutas  just had another successful St Cloud Florida Short Sale closing with Chase.
 The property:
  Primary Residence. 4 bedroom 3 bath single family pool home located in Saint Cloud Florida. This home has 2,333 sq ft of living area and was built in 2004. It was purchased new in  2005 for $258,500. It Sold 8/30/2012 for $180,000. That's a decline in value of 24% in 9 years. 
  Liens:
1st Mortgage with Chase for $336,000 HOA Lien for $5,750  
  Hardship:
 Loss of income.  Summary:
  Tutas Towne Realty placed … (2 comments)

chase: Another Successful Orlando Florida FHA Short Sale With Chase - 09/20/11 12:04 AM

Tutas Towne Realty and Bryant Tutas just had another successful Orlando Florida Short Sale closing with Chase.
The property: 3 bedroom 2 bath single family home located in the Orange Ridge subdivision of Orlando Florida. This home has 1,735 sq ft of living area and was built in 1984. It was purchased in June of 2008 for $245,000. It was a primary residence.
Liens:
1st Mortgage with Chase for $240,000 Hardship:
Curtailment of income. Relocation. Issues:
This was a pretty straight forward Orlando Florida Short Sale. Tutas Towne Realty placed it on the market May 5th at $160,900. We … (14 comments)

chase: Successful Chase Short Sale In Bellalago-Kissimmee Florida - 07/26/11 12:32 AM

Tutas Towne Realty and Bryant Tutas just had another successful Kissimmee Florida Short Sale closing with Chase.
The property: 4 bedroom 2 bath single family pool home located in the Bellalago subdivision of Kissimmee Florida. This home has 2,254 sq ft of living area and was built in 2005. It was bought new in 2005 for $325,000 as an investment property.
Liens:
1st Mortgage with Chase for $295,000 Hardship:
Loss of income and unable to find suitable tenants. Issues:
The first buyer we had walked as soon as the short sale was approved. No reason. Just thought he could … (8 comments)

chase: Chase is Paying My Seller $20,000 to Sell His Kissimmee Florida Short Sale! - 05/21/11 12:34 AM

Yes it's true. I didn't think it was when a potential Seller called me in December to see if I could place his Bellalago Short Sale on the market. He said that Chase contacted him and offered him $20,000 to short sale his Florida property. He had 3 days to get it listed and send them the listing agreement. They also told him he didn't have to provide them with any financial information. Just a listing agreement, contract, HUD 1 and a hardship letter.
My first thought was "Yeah sure". My second thought was "What's your email address so I … (31 comments)

chase: New Chase Short Sale Fast Track. 10 Day Approvals and $20,000 For Moving!! - 12/30/10 02:52 AM

Hi folks. I had a seller call me earlier this week needing a Short Sale agent ASAP!! He hasn't made payments for many months and had actually already moved out of the property expecting to be foreclosed on any day now.
Chase sent him a letter. And fortunately instead of just throwing it away thinking it was another collection attempt he opened it.
Inside was an offer from Chase that he couldn't refuse. Stay in the house, maintain it, bring Chase a contract at FMV (fair market value) and they will approve the short sale within 10 days and … (96 comments)

chase: Chase Short Sale Approval in 5 days!!! - 07/11/10 08:48 AM

Short Sales never cease to amaze me. Just when I'm really getting fed up with how slow Chase is they give me an approval in 5 business days!!! The other Chase Short Sales I have done all took 6 months or more so this one was truly a surprise. Hopefully this is a sign of things to come.
One of the reasons this one got approved so quickly is that the Seller had been working with Chase for over a year trying get a loan mod and then trying to do a Short Sale by herself. By the time she … (23 comments)

chase: Another Successful Short Sale With Citi Mortgage. - 05/20/10 10:38 AM
Property:
3 bedroom 2.5 bath townhouse in Kissimmee Florida.
Hardship:
Investor owned property. Loss of income.
1st Mortgage with Citi Mortgage for 92,000. Agreed to accept $55,200 or 60% of the balance owed.
2nd Mortgage with Chase in the amount of $62,400. Agreed to accept $3,000 to release the lien and an additional $12,000 to release liabilty.
Seller contributed $1,700 to closing and $12,000 to the 2nd.
The transaction took 90 days from contract to closing.
Challenges:
Getting a squating tenant out on day of closing. I finally had to go over and put on the "ugly face" to make it … (19 comments)

chase: Chase Short Sale Approval..... - 01/19/10 07:35 AM

.....only took 9 months!!! And we are not closed yet. Amazingly we still have the original Buyer that went under contract at the end of April 2009.
Property location:
Florida Keys (Vacation home) Hardship:
Illness. Lender(s):
Chase on the first and 2nd. About 5 months into the Short Sale transaction the 2nd was passed off to Allied International Credit (AIC). Purchase Price:
$303,000 Amounts owed:
Chase was owed $693,000 on the first and agreed to accept $273,000 (39% of the debt) AIC was owed $94,000 on the 2nd and agreed to accept $3,000 (3% of the debt) Terms:
No note. … (26 comments)

chase: No Short Sale for you!! - 12/18/09 07:33 AM

Hi folks. Just when I think I have this Short Sale stuff figured out I run across another issue that has the potential to really place my sellers, the buyers and the agents in a difficult quandary. Yesterday I received a phone message from Chase in relation to a Short Sale we closed on almost two weeks ago. It went something like this "Hi this is Sarah from Chase calling on LN# 11324567. I am preparing the post closing package to send off to the Investor and noticed that I need the last 2 months bank statements from the Borrower. … (44 comments)

chase: 7 months after submission we have Short Sale approval from Chase!! - 12/01/09 09:38 AM
 
Yep....7 months ago I submitted a complete Short Sale Package to Chase on April 27 2009. After many months of frustration I received another Chase Short Sale Approval yesterday. We are closing on 11 December.
You know sometimes I am left just scratching my head. This one should have been a no brainer. The Sellers are both retired and disabled. They were able to purchase this home in late 2005 using a $100,000 cash settlement they received from a wrongful death suit for their son. Their son had always wanted to live in Florida so they took the $100,000 and … (30 comments)

 
Bryant Tutas, Selling Florida one home at a time (Tutas Towne Realty, Inc and Garden Views Realty, LLC) Rainmaker large

Bryant Tutas

Selling Florida one home at a time

Winter Garden, FL

More about me…

Tutas Towne Realty, Inc and Garden Views Realty, LLC

Address: 628 Grand Canal Dr, Poinciana, Fl, 34759

Office: (407) 870-9003

Mobile: (407) 873-2747

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