Closing on another Short Sale in St. Petersburg today.
I have to say this was a fast and fairly easy Short Sale. Got the listing about 3 month ago, took a week to get the squanders out and re-key the house but once it was done and all the advertising was out we received an offer ASAP. It was a low ball but seller signed it anyway to get the Short Sale process going. Full Short Sale package including Hardship letter was sent to the bank and miraculously the bank did not lose all the paperwork and a negotiator was assigned very fast. BPO was done within two weeks of receiving the offer. BPO came in twice as high as offer, buyer backed out but we finally had a price that the bank would accept. So, property went back on the market with a new price and we had a new full price cash offer within a week. After this we had a few problems with the home inspection and the buyer’s agent disappearing on us but in the end all was good and we closed yet another Short Sale here in St. Petersburg.
If you think about buying or selling a house or condo in the Saint Petersburg Tampabay Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.