Another Successful Orlando Florida Short Sale With Nationstar.

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

Orlando Short Sale

Tutas Towne Realty and Bryant Tutas just had another successful  Olando Florida Short Sale closing with Nationstar.

The property:

4 bedroom 2.5 bath single family home located in Orlando Florida. This home has 2,115 sq ft of living area and was built in 2006. It was bought new in 2007 for $385,200 as a primary residence.

Liens:

  • 1st Mortgage with Nationstar for $284,000

Hardship:

  • No hardship. Current on all payments. Relocating to another State.

Issues:

  • None. Buyer and Seller were very cooperative.

The property sold for $151,000 or 39% of it's value 5 years ago. Nationstar accepted $133,500 on the 1st or .47 cents on the dollar. With full Waiver of Deficiency.

The Seller made a cash contribution of $750. Nationstar agreed to contribute $4,530 to Buyer's closing costs.

This was my 3rd successful Short Sale with Nationstar and they are by far my favorite Lender to work with. In all 3 they were quick and gave full Waiver of Deficiency.

Do you need help with your Orlando Florida Short Sale?

Tutas Towne Realty has already successfully negotiated Short Sales with the following Lenders and Investors.

Can we add you to our list of successful Short Sales?

Are you facing foreclosure in Florida?

 

Contact Bryant Tutas

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

The BIO for Bryant Tutas

Copyright © 2011 http://www.brokerbryant.com/ | All Rights Reserved

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***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

The BIO for Bryant Tutas

 

 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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Topic:
Home Selling
Location:
Florida Orange County Orlando
Tags:
nationstar
short sale approval

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Rainmaker
4,177,533
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Congratulations on the sale. You are the experts on short sale. Thanks for letting us know aout Nationstar.

Jul 14, 2011 11:03 PM #1
Rainmaker
1,141,150
Bryant Tutas
Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL
Selling Florida one home at a time

Hi Gita. Good to see I'm not the only one working at 5:30 in the nmorning!!

Jul 14, 2011 11:05 PM #2
Rainer
44,830
Tom Meyer
Exit Advantage Realty - Dallas, TX

Bryant,

Congratulations from Dallas Texas area. Tom

Jul 14, 2011 11:08 PM #3
Rainmaker
1,470,224
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

Nice price. Amazing the variation in cooperation from some lenders.

Jul 14, 2011 11:47 PM #4
Rainmaker
160,717
Retired Notworking
Tallahassee, FL

It's good to hear that some banks are easy to deal with in short sales.

Jul 14, 2011 11:50 PM #5
Ambassador
1,896,229
Fernando Herboso - Broker for Maxus Realty Group
Maxus Realty Group - Broker 301-246-0001 - Gaithersburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

Congratulations. . I bet the borrower was very happy with the outcome. . and they were lucky to call on you! 

Jul 14, 2011 11:52 PM #6
Rainmaker
4,469,276
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Interesting that you've had good success with Nationstar.  I used to represent them in foreclosures in Martin County, but dropped them when they started getting unreasonable.  I guess they've had a change of heart.  Congrats on the successful short sale.

Jul 15, 2011 12:04 AM #7
Rainmaker
1,733,383
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Bryant, you are the go to guy in your area and it is great info on Nationstar...what happy sellers and the buyers got a great price...many kudos to you again!

Jul 15, 2011 12:09 AM #8
Rainmaker
899,094
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

That's a name I'll have to remember BB.  Congratulations on the success there!

Jul 15, 2011 05:10 AM #9
Rainmaker
123,035
Marie Westerman
Blanchard and Calhoun Real Estate/ Wilson Parker Homes - Evans, GA
New Homes Sales Specialist Evans GA REALTOR

That was wonderful...its all i can do to get some of these places to accept with extreme hardship!

Jul 15, 2011 06:51 AM #10
Rainmaker
515,720
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Great job BB - you are the pro.

Smart bank. They let it go now when they have a bird in the hand. Other banks play hard ball and lose much more after a year or two of haggling.

Jul 15, 2011 11:41 AM #11
Rainmaker
1,141,150
Bryant Tutas
Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL
Selling Florida one home at a time

Thanks guys. I'll take Nationstar short sales anytime.

This was a Fannie Mae loan too. At first they wanted the seller to be 30 days delinquent but I escalated the file and made a case. They came back and approved it. The $750 was to cover 2 weeks interest on the loan.

This one sold in 80 days from listing to closing. It was one of 3 referrals from an AR member. 2 have closed. 1 took 87 days and then this one at 80 days.

How's that for fast referral checks?

Jul 15, 2011 01:55 PM #12
Ambassador
1,229,106
Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

I must confess that I called the CEO at Nationstar because of a short sale run amuk. I got a call back from the loss mitigation supervisor who was screaming so loud that you might have heard him in Florida. Got my short sale approved, but I'm laying low there for a few more months.

Jul 17, 2011 04:24 AM #13
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Rainmaker
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Bryant Tutas

Selling Florida one home at a time
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