Tutas Towne Realty and Bryant Tutas just had another successful Poinciana Florida Short Sale closing with Freedom Mortgage. this was a FHA Pre Foreclsoure Sale.
Primary Residence. 4 bedroom 2 bath single family home located in Poinciana Florida. This home has 2,094 sq ft of living area and was built in 2006. It was purchased as a foreclosure in September 2008 for $120,000. It Sold 8/29/2012 for $78,000. That's a decline in value of 35% in 4 years.
1st Mortgage, FHA, with Freedom Mortgage for $116,000
- Loss of employment. Relocation.
Tutas Towne Realty placed the property on the market 24 February 2012 for $89,000. We slowly reduced and inegotiated a deal at $78,000 on 18 May.
This was a FHA Pre Foreclosure Sale. FHA agreed to pay the Seller an incentive fo $1,000 to do the short sale.
Tutas Towne Realty closed the transaction on 29 August 2012. 187 days from listing to closing!!
Freedom Mortgage accepted $70,500 or .61 cents on the dollar for the 1st mortgage.
***The Seller received FULL WAIVER OF DEFICIENCY with a $1,000 cash incentive to the seller.
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What the seller has to say:
"Shout out to Bryant. We closed on the short sale finally. They are not called short sales because they take a short amount of time, but maybe because they shorten your temper or shorten your life due to stress??? LOL anyway, its finally over!!! Thanks man"
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
Can we add you to our list of successful Short Sales?
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.
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