Investment Condo near Universal Studios Orlando. 4 bedroom 3 bath condo located at The Townhouses of Rosemont Green in Orlando Florida. This Orlando Florida Short Sale has 1634 sq ft of living area and was built in 1979. It was purchased in August 2003 for $114,000. It Sold 10/3/2014 for $69,000! That's a decrease in value of 40% in 11 years
- 1st Mortgage with Citi Mortgage for $103,000
- 2nd Mortgage with Bank of America for $30,500
- Loss of income
The property was placed on the market on July 15, 2014. We placed it under contract on July 18, 2014.
The short sale was submitted to both lenders and was approved in less than 60 days. There were zero issues with either lender.
The transaction closed on 3 October 2014 for $69,000. Total days from listing to closing..... 77!
Citi Mortgage accepted $58,000 or roughly .33 cents on the dollar for the 1st mortgage.
Bank of America accepted $3,000 or .10 cents on the dollar for the 2nd mortgage.
***The Seller received FULL WAIVER OF DEFICIENCY from both lenders on this Orlando Florida Short Sale..
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.
- 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
- Select Portfolio Services
Can we add you to our list of successful Short Sales?
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.
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, Winderemere Florida Short Sales. Serving all of Polk, Osceola and Orange Counties Florida. Florida Short Sale Broker. Short Sale Florida.
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