Selling Poinciana One Property at a Time.: Kissimmee Florida Short Sale Success With Green Tree Servicing

Kissimmee Florida Short Sale Success With Green Tree Servicing

 Kissimmee Florida short sale speacialist

 

 Kissimmee Florida Short Sale Success With Green Tree Servicing

Orlando Short Sale Specialist Bryant Tutas and Tutas Towne Realty, Inc  just had another successful Kissimmee Florida Short Sale closing with Green Tree Servcing.

  The property:

 Investment property. 4 bedroom 2 bath single family home located in Kissimmee  Florida. This home has 1,652 sq ft of living area and was built in 1998. It was purchased in 2004 for $131,000. It Sold 05/24/2013 for $87,500. That's a decline in value of 34% in 8 years. 

Liens:

  • 1st Mortgage with Green Tree Servicing for $167,000

 Hardship:

  • Loss of income
  • Loss of tenants

Summary:

The property was placed on the market 7 September 2012 for $85,000.It was placed under contract on 12 December 2012 for $85,000.

The short sale was submitted but then the original servicer, GMAC, went under and the file was serviced released to Green Tree Servicing. After almost 6 months the short sale was aporved at $87,500.

 

The transaction closed on 24 May 2013.  Only 259 days from listing to closing!!

Green Tree Servicing  accepted $80,300 or .48 cents on the dollar for the 1st mortgage. 

 

    ***The Seller received FULL WAIVER OF DEFICIENCY on the Green Tree Short Sale.

 

 Do you need help with your Kissimmee Florida Short Sale?

 

 Seller Testimonials for Bryant Tutas 

 

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

 

 

   Can we add you to our list of successful Short Sales?

 

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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.

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Comment balloon 1 commentBryant Tutas • June 06 2013 05:34AM

Comments

Congratulations on a successful closing!

Hopefully, I'll get my too( and hopefully faster:)

I like your clear presentation of this case. I'll subscribe and will check your past blogs. All the best, Inna I.( CA)

Posted by Inna Ivchenko, Realtor® • Green • GRI • HAFA • PSC Calabasas CA (Barcode Properties) over 5 years ago

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