East Lake Reserve At Narcoossee (Saint Cloud, FL)
By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
Comments 2
  Tutas Towne Realty and Bryant Tutas  just had another successful St Cloud Florida Short Sale closing with Chase.  The property:   Primary Residence. 4 bedroom 3 bath single family pool home located in Saint Cloud Florida. This home has 2,333 sq ft of living area and was built in 2004. It was purchased new in  2005 for $258,500. It Sold 8/30/2012 for $180,000. That's a decline in value of 24% in 9 years.    Liens: 1st Mortgage with Chase for $336,000 HOA Lien for $5,750     Hardship:  Loss of income.  Summary:   Tutas Towne Realty placed the property on the market April 2012 for $210,000. 6 weeks later we negotiated a deal at $180,000. It took just under 3 months to have the HAFA short sale approved. 2 days after having the short sale approved the seller was served foreclosure papers. ...
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