Tutas Towne Realty and Bryant Tutas just had another successful Olando Florida Short Sale closing with Nationstar.
The property:
4 bedroom 2.5 bath single family home located in Orlando Florida. This home has 2,115 sq ft of living area and was built in 2006. It was bought new in 2007 for $385,200 as a primary residence.
Liens:
- 1st Mortgage with Nationstar for $284,000
Hardship:
- No hardship. Current on all payments. Relocating to another State.
Issues:
- None. Buyer and Seller were very cooperative.
The property sold for $151,000 or 39% of it's value 5 years ago. Nationstar accepted $133,500 on the 1st or .47 cents on the dollar. With full Waiver of Deficiency.
The Seller made a cash contribution of $750. Nationstar agreed to contribute $4,530 to Buyer's closing costs.
This was my 3rd successful Short Sale with Nationstar and they are by far my favorite Lender to work with. In all 3 they were quick and gave full Waiver of Deficiency.
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
- US Bank Short Sale
- PNC Bank Short Sale
- Citi Short Sale
- HomeEq Short Sale
- Fifth Third Bank Short Sale
- ING Direct Short Sale
- GreenTree Short Sale
- Capital One Short Sale
- ASC Short Sale
- First Horizon Short Sale
- E-Trade Short Sale
- Transland Financial Short Sale
- USA 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
Can we add you to our list of successful Short Sales?
Are you facing foreclosure in Florida?
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.
Copyright © 2011 http://www.brokerbryant.com/ | All Rights Reserved
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.
Copyright © 2011 http://www.brokerbryant.com/ | All Rights Reserved
Congratulations on the sale. You are the experts on short sale. Thanks for letting us know aout Nationstar.
Hi Gita. Good to see I'm not the only one working at 5:30 in the nmorning!!
Bryant,
Congratulations from Dallas Texas area. Tom
Nice price. Amazing the variation in cooperation from some lenders.
It's good to hear that some banks are easy to deal with in short sales.
Congratulations. . I bet the borrower was very happy with the outcome. . and they were lucky to call on you!
Interesting that you've had good success with Nationstar. I used to represent them in foreclosures in Martin County, but dropped them when they started getting unreasonable. I guess they've had a change of heart. Congrats on the successful short sale.
Bryant, you are the go to guy in your area and it is great info on Nationstar...what happy sellers and the buyers got a great price...many kudos to you again!
That's a name I'll have to remember BB. Congratulations on the success there!
That was wonderful...its all i can do to get some of these places to accept with extreme hardship!
Great job BB - you are the pro.
Smart bank. They let it go now when they have a bird in the hand. Other banks play hard ball and lose much more after a year or two of haggling.
Thanks guys. I'll take Nationstar short sales anytime.
This was a Fannie Mae loan too. At first they wanted the seller to be 30 days delinquent but I escalated the file and made a case. They came back and approved it. The $750 was to cover 2 weeks interest on the loan.
This one sold in 80 days from listing to closing. It was one of 3 referrals from an AR member. 2 have closed. 1 took 87 days and then this one at 80 days.
How's that for fast referral checks?
I must confess that I called the CEO at Nationstar because of a short sale run amuk. I got a call back from the loss mitigation supervisor who was screaming so loud that you might have heard him in Florida. Got my short sale approved, but I'm laying low there for a few more months.