Short Sale Closed - Bartow FL 3612 Wellington Lane

Managing Real Estate Broker with Lakeland Real Estate Group, Inc. BK646565

Short Sale Closed! 3612 Wellington Lane - Bartow FL

Petra Norris with CDV Transatlantic, Inc. closed another short sale.  This home is located in Bartow, FL a small town located south of Lakeland, Florida.

Successfully closed short sale - Bartow FL

The seller contacted me to short sale their home because of a divorce situation.  The home was being services by Nationstar and at that time the sellers were told that the home must go through auction{.}com in order to participate for the short sale program.

I listed the house on July 22, 2013 for $110,000, owner submitted the documents promptly requesting HAFA participation.  We received HAFA participation approval in August and reduced the list price immediately.  In September, the home was placed on the auction site and at the time I received a full price offer however, the offer could not be accepted because buyers was instructed to go through the auction site.  Buyer refused to go through the auction site because an additional 5% buyer's premium would have to be paid by the buyer.

At the close of the auction period, we received an offer which was accepted by the servicer.  However, the amount was too low for the required minimum amount for HAFA, so the short sale transferred to a regular short sale.  Seller was happy with that because they just wanted to be done and move on.

Sold Price $94,500 - which includes buyer's premium

Home sold from listing to closing in 53 days

Hardship - Divorce

Full Waiver of Deficiency 

Sellers were up to date on mortgage payments.



Short Sale! Bartow Fl Home for Sale - Two Story


Single Family Home
Main Features
4 Bedrooms
3 Bathrooms
Interior: 2,818 sqft
Lot: 10,441 sqft
3612 Wellington Lane
Bartow, FL 33830

Petra Norris

Petra Norris

CDV TransAtlantic, Inc. Real Estate Brokerage
(863) 619-6918


Listed by: CDV TransAtlantic, Inc.

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Petra Norris

Realtor, Lakeland FL Homes for Sale
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