Orlando Florida Short Sale Specialist Bryant Tutas and Tutas Towne Realty, Inc just had another successful Saint Cloud Florida Short Sale closing with Citi Mortgage.
Investment home in Saint Cloud Florida. 3 bedroom 2 single family home with an inground swimming pool located at Sweetwater Creek in Saint Cloud Florida. This Saint Cloud Florida Short Sale has 1772 sq ft of living area and was built in 1998. It was purchased in April 2005 for $239,900. It Sold 10/30/2014 for $165,000! That's a decrease in value of 31% in 9 years
- 1st Mortgage with Citi Mortgage for $219,000
The property was placed on the market on April 29th 15, 2014. We placed it under contract on June 6, 2014 at $159,000.
Fannie Mae countered the deal at $175000.00-192500.00
Buyer countered back at $165,000 but asked for 3% in closing costs. Seller agreed to contribute $2,500 to the lender NET.
Citi Mortgage and Fannie Mae agreed and we received short sale apporval.
The transaction closed on 30 October 2014 for $165,000. Total days from listing to closing..... 184!
Citi Mortgage accepted $147,700 or roughly .67 cents on the dollar for the 1st mortgage.
***The Seller received FULL WAIVER OF DEFICIENCY from both lenders on this Saint Cloud Florida Short Sale..
Do you need help with your Saint Cloud 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?