Home Closing Process

You’ve been there, I’ve been there – WE’VE ALL BEEN THERE!

That point in time when you look at all the facts in a transaction and come to question if it will ever close!!!

Do throw in the towel? Call for help?

If you are like most of us, you probable have invested a lot of time and energy into the transaction, so giving up and throwing in the towel is not an option!

That is when we enter the picture and I come to experience the ”The Hardest Short Sale Ever”

In the spring of 2010, a Cape Coral REALTOR® who had heard me speak on short sales at the Cape Coral REALTOR ® Association called me to ask if we could help on a potential short sale. This was a seasoned professional; but I could tell from his tone that he seriously doubted that the deal in question would ever be able to close. Because of the size of the deal ($1M+) though, it made sense to at least give it a shot.

Here is a list of items that, at first blush, supported the realtor’s doubts about the possible success of this Cape Coral short sale:

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Not sure if you are on Bank of America’s email list, but if you are not – I wanted to share with you this great news!

Here are some of the Frequently Asked Questions:

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The possibilities are endless when you choose the short sale specialists at Winged Foot Title to close your Bank of America short sale (or any other short sale for that matter ).

The details of this Bank of America Short Sale are remarkable:

• The original loan amount was $328,650.
• The approval netted the lender $215,196.93 which was approximately 65% of the original loan.
• The approval resulted in 91.73% of the approved purchase price of $234,600.
• The realtor commissions were approved at 6% of the approved purchase price of $234,600.
• Did we mention the approval came in 37 business days?

But that’s not all!

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