Location: Buenaventura Lakes Kissimmee Florida 34743
Value: $69,000 to $79,000
Hardship: Loss of rental income on this investment property
Amount owed: $175,000 on a 1st with GMAC and $32,000 on a 2nd with Green Tree
Property was listed on May 19th at $89,000. Priced reduced to $73,000 on June 10th. Went pending on July 9th at $73,000.
Complete Short Sale Package was submitted on 20 July.
Buyer had inspections and appraisal done within 10 days of contract acceptance.
Green Tree asked for 5% of the purchase price or $3,650.
GMAC offered them $3,000 and wanted the Real Estate commission reduced by 1%
Green Tree said no and I said no.
GMAC gave us a written approval on Friday 18 September agreeing to $3,650 to Green Tree and full commission to Tutas Towne Realty, Inc. Green Tree gave us final approval 21 September.
Another successful Short sale approval from Bryant Tutas of Tutas Towne Realty, Inc.
If you are a seller that needs help…….give me a call. All calls are confidential. Or check out…..
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Available Short Sale Training:
- The Negotiator Interview $27.00
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- Short Sale Listing/Submission Package $27.00 Click for details
Tutas Towne Realty, Inc
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