Primary Residence. 4 bedroom 2 bath home located at Celery Lakes in Sanford Florida. This Sanford Florida Short Sale has 2,021 sq ft of living area and was built in 2004. It was purchased in 2007 for $253,000. It Sold 05/6/2014 for $127,500!!! That’s a decline in value of 50% in 7 years. It sold for $147,000 when new in 2004.
- 1st Mortgage with Ocwen for $244,000
- Job relocation of more than 50 miles
The property was placed on the market October 7th 2013 for $125,000. It went under contract on October 25th at $120,000. The short sale was rejected by the lender over price.
We placed the property back on the market at the lender price on $130,000.
It went under contract again at $127,500 and the lender apporved the short sale.
The transaction closed on 6 May 2014. Only 211 days from listing to closing!!
Ocwen accepted $117,200 or roughly .48 cents on the dollar for the 1st mortgage.
***The Seller received FULL WAIVER OF DEFICIENCY on this Ocwen Short Sale
Do you need help with your Sanford 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
- LCS Short Sale
Can we add you to our list of successful Short Sales?