Bank of America Short Sale Success in Jacksonville Florida
Robert Schwabe of Keller Williams First Coast Realty had another successful Jacksonville Florida short sale closing with Bank of America.
Property:
3 bedroom 2 bathroom 1500 square foot single family home located on the westside in Jacksonville Florida. The home was purchased in June of 2006 for $199,9900 with a mortgage of $159,920. It sold as a short sale on 1/06/2012 for $95,000.
Lien:
1st. mortgage with Bank of America Mortgage
Hardship:
Loss of income.
Summary:
I placed the home on the market on March 7, 2011, for $105,000. On November 15, 2011, we negotiated a deal at $95,000.
Robert Schwabe with Keller Williams First Coast Realty closed the transaction on January 06, 2012. 253 days from listing to closing.
The seller was eligible for the HAFA program and received a FULL WAIVER OF DEFICIENCY with no contributions. The seller also $10,595 check for relocation assistance. Bank of America also paid the 6% commission and $2850 in buyers closing costs.
Call me at (904) 403-2429 if you need help with your Florida Short Sale. I am a real estate agent in Orange Park.
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