Bank of America Short Sale Approval.

By
Real Estate Broker Owner with Bryant Tutas-Tutas Towne Realty, Inc BK607690

Short Sale Approval from Bank of America in less than 60 days.

  • Property is located in Southern Dunes Country Club in Haines City Florida.
  • Amount owed....$225,000. All on a first lien with Bank of America.
  • Contract accepted on June 6th for $136,000 cash. Buyer and Seller provided by Tutas Towne Realty, Inc.
  • Complete Short Sale package faxed to Bank of America on June 17.
  • Broker Price Opinion (BPO) completed on July 8.
  • Short Sale Negotiator assigned on July 14.
  • Short Sale approval received on August 4. No contribution required from the Seller.
  • Closing scheduled for August 11. Contractual closing date is August 20. We are closing 9 days early.
  • Days from contract to approval……..59!!

Another successful Short Sale from Tutas Towne Realty.

If you are facing foreclosure please give us a call. We CAN help.

***If you are facing foreclosure then please contact me. You do NOT have to be foreclosed on.

Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com

***The content of this blog is solely my opinion***

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

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 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.

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Topic:
Home Selling
Location:
Florida Polk County Haines City
Tags:
short sale
bank of america
short sale approval

Comments 25 New Comment

Rainer
103,864
Karen Luke
Henry County Real Estate
South Metro Property Management, LLC

Excellent. I love those kind of stories. There are actually positive things happening.

October 14, 2009 06:48 PM
Anonymous #22
Anonymous
Kevin

Wow ,hope my agent can even come close to that for me!!! I put an offer in on a bank of america short sale on sep 18th,Today  i get some feedback from my agent that she got from the sellers agent,She talked to the bank on nov 10th and the bank told her that the bpo was put into there system on nov 9th,he said a negotiator was not assigned yet,but should happen in the next 5-10 days, he also shared with the sellers agent that the appraisal looked good.My agent the buyers agent passed all this on to me and told me she feels real good that we will close by mid dec!! Is this lip service to keep me on board or do you think that we could close this soon by knowing where its at with the bank? Please help me iam going nuts waiting and i want this house!!!!

November 11, 2009 06:49 PM
Anonymous #23
Anonymous
Joyce

That's great.  We have an awesome agent and have been going thru this short sale process since July 09.

Finally received our approval letter and a closing date of 4/7/10.  I believe the loan was for 200,000 and we bid 110,000.  However, BOA is requiring $25,000 from the seller to help towards closing or the sale may not go thru.  We have been told the seller is not going to sign the note.  Now what?  Apparently she owns 2-3 other properties.  Her name is not listed on her principle  residence (which is worth 700,000) and her husband owns a chain of appliance stores.  Please. Wouldn't she just like to get this over with also?

March 21, 2010 12:09 PM
Rainmaker
1,080,200
Bryant Tutas
Broker/REALTOR, Tutas Towne Realty, Inc
Bryant Tutas-Tutas Towne Realty, Inc

Joyce. I'm sure it's furstrating for you. I hope the seller can come to terms so you can close.

March 21, 2010 04:42 PM
Anonymous #25
Anonymous
Gavina

I have a cash offer on a short sale with bank of America from November 2009.  Today is June 19, 2010 and I am still waiting for an approval letter.

June 19, 2010 07:47 AM
Rainmaker
1,080,200

Bryant Tutas

Broker/REALTOR, Tutas Towne Realty, Inc
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