Wells Fargo Short Sale closed in Lake Mary, Florida

Towns Realty just had another successful short sale in Lake Mary, FL – Greenwood Lakes community closed with Wells Fargo.
This town home was located in a gated community and backing up to a conservation area. It had 2 bedrooms, 2.5 bath and 1,618 square feet.  The mortgage on the property was $142,000.

We received an offer on the property and short sale approval was received within 3 months. The buyer paid cash for the property so the transaction closed within 3 weeks from the short sale approval. The property sold for $67,500.
Seller was forgiven the remaining balance of the loan, a full deficiency waiver and was very happy with the short sale outcome

Wells Fargo short sale department was easy to work with and communication was great.

The secret to successfully closing short sales is to never give up and do your due diligence on the file. Knowledge in short sales, continuing to improve your short sale knowledge and staying on the top of the file from the beginning of the process to the end of it; is what makes Towns Realty successful in short sales.

Success is due to persistence, knowledge and commitment to your clients.

Now, on to the next successful short sale closing…stay tuned

 

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