Primary Residence. 4 bedroom 2 bath home located at Celery Lakes in Sanford Florida. This Sanford Florida Short Sale has 2,021 sq ft of living area and was built in 2004. It was purchased in 2007 for $253,000. It Sold 05/6/2014 for $127,500!!! That’s a decline in value of 50% in 7 years. It sold for $147,000 when new in 2004.
The property was placed on the market October 7th 2013 for $125,000. It went under contract on October 25th at $120,000. The short sale was rejected by the lender over price.
We placed the property back on the market at the lender price on $130,000.
It went under contract again at $127,500 and the lender apporved the short sale.
The transaction closed on 6 May 2014. Only 211 days from listing to closing!!
Ocwen accepted $117,200 or roughly .48 cents on the dollar for the 1st mortgage.
***The Seller received FULL WAIVER OF DEFICIENCY on this Ocwen Short Sale
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Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.
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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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