May 31, 2013 Posted by: TownsRealty

Another one of Towns Realty Orlando short sale  listings was successfully closed with Nationstar and Suntrust. First lien holder was Nationstar and second lien holder was Suntrust. Some short sales are just painful and this one was one of them. We received an offer relatively soon on the property at full listing price at $134,900 but in the end Nationstar said that the investor wanted $152,000. At that time the property value was $134,900 so the buyer walked away. We had to put the property back on the market at […]

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May 24, 2013 Posted by: TownsRealty

Buying a home in Orlando Florida is a most discussed topic these days, and it is debatable if the current real estate market trend will lead back up to its previously glory, but one thing is certain-  it is good time to buy a house in Orlando Florida. The current Real Estate is providing favorable opportunity to buy a good property. There are lots of options for first time buyers and investors alike.  Both find short sales to be a great opportunity because they sell for a little bit less […]

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April 19, 2013 Posted by: TownsRealty

Towns Realty just had another successful Orlando short sales listings closed with GMAC. This was a beautiful home with 6 bedrooms, 4 bath and 3,514 square feet and located in the Waterford Trails community. Towns Realty listed, negotiated and sold the property all within 90 days. The seller was forgiven the remaining balance of the loan, received a full deficiency waiver and was very happy with the short sale outcome. The secret to successfully closing short sales is knowledge and continuing to improve your short sale knowledge; staying on the […]

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