Kissimmee Short Sale Approval in 60 Days

By
Real Estate Broker/Owner with Tutas Towne Realty, Inc and Garden Views Realty, LLC BK607690

Buenaventura Lakes Kissimmee Florida 34743

Location: Buenaventura Lakes Kissimmee Florida 34743

Value: $69,000 to $79,000

Hardship: Loss of rental income on this investment property

Amount owed: $175,000 on a 1st with GMAC and $32,000 on a 2nd with Green Tree

Property was listed on May 19th at $89,000. Priced reduced to $73,000 on June 10th. Went pending on July 9th at $73,000.

Complete Short Sale Package was submitted on 20 July.

Buyer had inspections and appraisal done within 10 days of contract acceptance.

Green Tree asked for 5% of the purchase price or $3,650.

GMAC offered them $3,000 and wanted the Real Estate commission reduced by 1%

Green Tree said no and I said no.

GMAC gave us a written approval on Friday 18 September agreeing to $3,650 to Green Tree and full commission to Tutas Towne Realty, Inc. Green Tree gave us final approval 21 September.

Another successful Short sale approval from Bryant Tutas of Tutas Towne Realty, Inc.

If you are a seller that needs help.......give me a call. All calls are confidential. Or check out.....

http://CentralFloridaShortSales.com

If you are an agent wanting to get into the Short Sale market...........

Available Short Sale Training:

Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com

http://ShortSaleSuperStars.com

Are you a Florida REALTOR(R) looking for a change? Check it out.

CENTRAL FLORIDA REALTOR(r) OPPORTUNITIES

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 Tutas Towne Realty, Inc handles Florida real estate sales, Florida short sales, Florida strategic short sales, Florida pre-foreclosure sales, Florida foreclosures in Kissimmee Florida Short Sales, Davenport Florida Short Sales, Haines City Florida Short Sales, Poinciana Florida Short Sales, Solivita Florida Short Sales,  Orlando Florida Short Sales, Celebration Florida Short Sales, Windermere Florida Short Sales. Serving all of Polk, Osceola and Orange Counties Florida. Florida Short Sale Broker. Short Sale Florida.

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Florida Osceola County Kissimmee
Tags:
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Rainmaker
1,142,260
Bryant Tutas
Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL
Selling Florida one home at a time

Reserved for TLW

Sep 21, 2009 07:17 AM #1
Ambassador
1,371,672
Loreena and Michael Yeo
3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co. - Prosper, TX
Real Estate Agents

You make it seem so easy. I guess it would be if you know what cha doing. Thanks BB for sharing this news. I should get into some of these too on the listing side.

Sep 21, 2009 08:17 AM #2
Ambassador
1,042,076
Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

BB, that is amazing, really. I am in awe, after all the horror stories that swirl around.

Sep 21, 2009 10:11 AM #3
Ambassador
557,018
"The Lovely Wife" (Broker Bryantnulls Wife) The One And Only TLW.
President-Tutas Towne Realty, Inc. - Kissimmee, FL

Hun...

Have I already spent the money on this one? I'm thinking that's what I did today :)

TLW...ROAR!

Sep 21, 2009 10:38 AM #4
Rainer
64,171
Amy Salisbury
Leading Edge Properties - Charles Town, WV
West Virginia Realtor/Jefferson/Berkeley

BB- One by one, getting them done.  Congrats!

Sep 21, 2009 11:25 AM #5
Rainmaker
526,217
Wendy Rulnick
Rulnick Realty, Inc. - Destin, FL
"It's Wendy... It's Sold!"

Great job, again, Bryant. Especially the they said no then you said no, part :)

Sep 21, 2009 11:28 AM #6
Rainmaker
629,217
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

I love it when a deal comes together! Congratulations.

Sep 21, 2009 12:38 PM #7
Ambassador
2,686,009
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Bryant- I love it when a plan comes together, don't you! Go Bryant! Katerina

Sep 21, 2009 02:14 PM #8
Rainmaker
312,205
John Occhi
Mason Real Estate - Temecula, CA
SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate

Great Job and getting that done.  It is nice to hear that they are closing.  I can tell you that if I were going to pursue short sales again, before I did anything I would sign up for your training and read every blog you have ever written on the topic. 

We may not always agree, (most of the time we do) but I certainly always respect whatever it is you are doing and what you have to say.

Sep 21, 2009 04:28 PM #9
Rainer
29,180
Jimmie Graham
Keller Williams Realty - Ypsilanti, MI

Yeah Bryant you make it seem effortless.. maybe due to your relationships with the banks you deal with. Anyway good job man....glad to hear stuff like that...thinking about taking you up on your course

Sep 22, 2009 01:56 AM #10
Rainmaker
316,736
Jared Hokanson
Hokanson Realty & Jared Realty Group - Medford, OR
Your Home Sold, GUARANTEED!*

Nice job Bryant!  How are things fairing with getting the lenders to not pursue deficiency?

Sep 22, 2009 02:13 PM #11
Rainmaker
434,738
Dick and Dixie Sells
Sells Real Estate, LLC - Trinity, FL
Realtors, Tampa Bay Florida Homes For Sale

Excellent. I am working one where Greentree is the second and this will help me see their strategy. Thanks and congratulations for helping another Florida Family!

Oct 14, 2009 11:05 AM #12
Rainer
22,813
Yvette Sloan
Yvette Sloan, Broker - Hidden Valley Lake, CA
"Clients First"

Thanks for post.  I have 2 short sales with green tree.  First is Aurora bank.  Green tree will not even order appraisal with out the hud1 showing 5%.  I have call into Aurora to see if they can change their approval they have issued?  So frustrating right now......

Mar 30, 2010 03:51 PM #13
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Rainmaker
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