Tutas Towne Realty and Bryant Tutas just had another successful Wellington Florida Short Sale closing with Nationstar Mortgage.
Primary Residence. 3 bedroom 2.5 bath single family home located in Wellington Florida. This home has 2,112 sq ft of living area and was built in 1984. It was purchased in December 2006 for $349,900. It Sold 10/10/2012 for $195,000. That's a decline in value of 45% in 6 years.
- 1st Mortgage with Nationstar Mortage for $340,000
- Loss of income.
The property was placed on the market April 2012 for $180,000. Two days later later we negotiated a deal at $180,000.
The short sale was submitted as HAFA and was denied. Then the loan was serviced release from Aurora to Nationstar. We had to resubmit the short sale. The investor came back with a counter offer of $195,000. The buyer accepted and the short sale was approved with Nationstar.
The transaction closed on 10 October 2012. 170 days from listing to closing!!
Nationstar Mortgage accepted $179,350 or .48 cents on the dollar for the 1st mortgage.
***The Seller received FULL WAIVER OF DEFICIENCY.
This West Palm Beach Florida Short Sale was listed by Michelle Gibson of the Hansen Real Estate Group. The Short Sale was negotiated by Bryant Tutas of Tutas Towne Realty, Inc
Do you need help with your Florida Short Sale?
Tutas Towne Realty has already successfully negotiated Short Sales with the following Lenders and Investors.
- Chase Short Sale
- Sun Trust Short Sale
- GMAC Short Sale
- Wells Fargo Short Sale
- Bank of America Short Sale
- USA Bank Short Sale
- PNC Bank Short Sale
- Citi Bank Short Sale
- HomeEq Short Sale
- Fifth Third Bank Short Sale
- ING Direct Short Sale
- Capital One Short Sale
- ASC Short Sale
- First Horizon Short Sale
- E-Trade Short Sale
- Transland Financial Short Sale
- US Bank Short Sale
- IBM LBPS Short Sale
- Nationstar Short Sale
- BAC Florida Short Sale
- Real Time Solutions Short Sale
- Fannie Mae Short Sale
- FHA Short Sale
- Selene Finance Short Sale
- Indy Mac
- One West Bank
- DTA Solutions LLC Short sale
- Green Tree Servicing Short Sale
- Ocwen Short Sale
- Flagstar Bank Short Sale
- Freedom Short Sale
- Seterus Short Sale
Can we add you to our list of successful Short Sales?