Orlando Florida Short Sale Approval. GMAC and Bank of America

Short Sale approval with GMAC and Bank of America in 53 days.

Location: Vista Lakes Village Orlando Fl


  • 1st Mortgage with GMAC with a balance of $420,000


  • Purchase price of $200,000
  • Bank of America agreed to accept $5,000 (8% of the balance owed).
  • GMAC agreed to accept $179,500 (43% of the balance owed).
  • The Seller is not bringing funds to closing and is not signing a promissory note.
  • The real estate commission is 6%.


  • Rental property

And there you have it. Another successful Short Sale approval from Tutas Towne Realty. 

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com


The BIO for Bryant Tutas

Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved



Leave a Reply

Your email address will not be published. Required fields are marked *