Orlando Fl Short Sale Specialist Closes Another Orlando Short Sale

By
Real Estate Broker/Owner with Tutas Towne Realty, Inc and Garden Views Realty, LLC BK607690
 
Orlando Florida Short Sale Specialist Bryant Tutas and Tutas Towne Realty, Inc   just had another successful Orlando Florida Short Sale closing with Citi Mortgage and Bank of America.

The property:

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

Liens:

  • 1st Mortgage with Citi Mortgage for $103,000
  • 2nd Mortgage with Bank of America for $30,500

Hardship:

  • Loss of income

Summary:

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?

Seller Testimonials for Bryant Tutas 

Tutas Towne Realty has already successfully negotiated Short Sales with the following Lenders and Investors.

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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.

The BIO for Bryant Tutas

 

 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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1 commentBryant Tutas • September 22 2014 06:06AM

 

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***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

The BIO for Bryant Tutas

 

 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, Windermere Florida Short Sales. Serving all of Polk, Osceola and Orange Counties Florida. Florida Short Sale Broker. Short Sale Florida.

 Copyright © 2017 http://www.brokerbryant.com/ | All Rights Reserved

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Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Bryant, congrats on successfully closing another short sale.

Oct 19, 2014 09:52 PM #1
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Rainmaker
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Bryant Tutas

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