Recent Experience With A Bank of America Short Sale

By
Real Estate Broker/Owner with Realty Empire Incorporated

 

Short Sale Do Close Quick...

A recent experience with a Bank of America Short Sale and I just wanted to share. The Short Sale listed in Dec 7 2011 and on Dec 12, 2011 just 5 days active on the market before going under contract. Documents were gathered and the package was sent out within the first 30 days of listing. The lender reviewed the file and then within 32 days from the date the lender received the package it was approved and ready to close. The whole Short Sale process has completed and the property was sold with the keys in hand of the buyer is just about 75 days total.

This is a great example of how Short Sale can move quickly and do…

In my opinion Short Sale have put the Short back into Short Sales.

 


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Posted by

 

Stephanie Leon

Real Estate Broker
Realty Empire

6625 Miami Lakes Dr.
Miami Lakes, FL 33014

Contact me at:
786-664-7710
SLeon@RealtyEmpire.net

 

 

                        

  

 

All Rights Reserved. Copyright 2010-2018 Stephanie Leon Realty Empire 

Comments (1)

Gloria Rodriguez de los Reyes
Avanti Way - Miami, FL

I once got a short sale approval in 10 days. Never seen it that fast again. It seemed that for a while they took forever, and then suddenly they went like lightning and then... slow mode again.

Congrats on a quick one!!! Always good to see those. :)

G.

Aug 14, 2012 06:36 AM