South Florida Real Estate and...

Bank Of America Short Sale Closed- It Just Took Them 13 Months!!! 


Property Location: Vista Cay Condo in Orlando Florida

Original List Price: $ 194,777

Within 2 weeks had an offer. Buyer walks before short sale is approved by Bank of America.

Lowered the price, received a new offer.

List date to final closing date: 13 months

Amount owed to Countrywide/Bank of America: $320,000

Investor Propery- Short Term Rental in Vistay Cay

Property Owner: Investor- We have done 3 short sales for him so far. 

Hardship: Loss of rental income, was denied loan modification, no programs for investors, loss of income on Florida investments

No Promissory Note

Bank of America put in writing that they will NOT pursue deficiency

Note owner: Fannie Mae

Commission: 6%

Sold Price: $ 175,000

Co-listed with Simon Conway of Picket Fence Real Estate

Bank Of America Short Sale Approved- It Only Took 13 Months!  Copyrighted © by Katerina Gasset *2009* All Rights Reserved.

Vacation Home Short Sale is now for sale in Orlando's Vista Cay! Imagine owning your own 3 bedroom tri level townhouse that sleeps 8 comfortably for your family Orlando getaways!

Whether you are a snow bird just wanting to escape the snow shoveling winters up north or a busy Floridian family that is just in love with Disney like we are that would just like to escape for the weekends; this is your dream come true!

We just listed this awesome short sale townhouse at 5075 Tideview Circle in the Vista Cay development in Orlando. We joint ventured this property with our colleague Simon Conway in Orlando who is the tops in Vacation homes and was a past owner of a Vacation Home Management company. His level of expertise combined with our expertise in getting short sales closed made for the perfect partnership for this listing.

What better way to find out if one of our listings is worth buying than to stay in the house! Well, we did just that. The seller of this vacation townhome in Vista Cay Orlando Florida invited us to stay for the Labor Day weekend. This was actually very fitting since our youngest son just turned 6 at the end of August, the same day as the beginning of Labor Day weekend.

So we had first hand experience in discovering the comfort and convenience of this townhouse at 5075 Tideview Circle Orlando Florida Unit 59. Is it a thumbs up or a thumbs down? Well, it gets a thumbs up for us for privacy, easy access to the highways and just down the street from the Convention Center. It is about

a 15 minute drive from the townhouse to the parking lot at SeaWorld and a short drive to Universal. It is a great place to stay if you have business in Orlando because of the ease to travel the toll roads to get to where you need to go.

Now we are real die hard Disney fans and when we do the Disneyworld thing we stay on Disney property using our Vacation club points. Since we are so spoiled with the 1st class customer service of Disney we would not want to stay more than a stone's throw away from any of the Disney parks. But that's us.

It was very comfortable and our son loved climbing up and down the stairs. We don't have stairs in our home so that is always a treat for him and good exersise for me.

You walk into a nice entry with a table that greets you with the happenings around Orlando. Then straight to your left is the one car garage. If you keep walking ahead you will get to the downstairs master bedroom with a complete bathroom and the laundry room is also in this room.

The stairs to the main level are right next to the welcome table. On the main level is an expansive living room area connected with a dining room. There are sliders that you can open out on to a garden view. There is a lot of privacy with this unit. The kitchen is large and has great tall wood cabinets which I really liked. It was easy to use all the appliances. We ate in for breakfast and lunch every day and only went out for dinner. There is a half bath next to the kitchen so you don't have to walk up or down stairs to use the restroom.

Then you walk up the stairs that lead you to the third level, another master bedroom with a large walk in closet, a full bathroom with a soaking tub and then down the hall is the third bedroom complete with a full bath as well. There is a lot of natural light and the unit was set at 76 degrees which proved to be quite comfortable.

We recommend that you take a look at this unit if you are looking for a vacation or business home in Orlando Florida, a permanent home or as an investor to rent this unit out as a vacation rental. There is a full service management office. The Vista Cay includes a fitness room and a resort style pool.

Asking $199,777.

Enjoy The Show!

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Contact Nestor Gasset and Katerina Gasset, CIPS, Realtors®, International Properties and Investments, Inc. Licensed Realtors® in Florida at 561-753-0135 to list your property for sale or to purchase a property in Wellington, Royal Palm Beach, Loxahatchee, Lake Worth, Hypoluxo Island, Lantana, West Palm Beach and the rest of Palm Beach County Florida and Port St Lucie Florida. We are accepting referrals.

Call us today at 561.753.0135 or Toll Free 800.444.3316. Contact us by email if you prefer by clicking on email me on the right side of this page under our profile.

To view all the Wellington Florida Luxury Homes For Sale Click here and then click on Search For Homes We know Palm Beach County and St Lucie Country; we will help you get your home Sold if you need to Sell your home and help you buy your Wellington Home or Land ; call us today.

Disclaimer:The information provided herein is supplied by several sources and is subject to change without notice. Wellington Homes Blog does not guarantee or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Wellington Homes Blog represent the opinions and ideas of the author(s). Wellington Homes Blog does not express the views of International Properties and Investments, Inc or those of the broker.

P.S. If you are listing your home as a short sale in Palm Beach County Florida and Port St Lucie Florida make sure you hire an agent who knows how to do short sales and has the experience to get the job done. We are doing successful short sale packages. Call us at 561-753-0135 to find out more about Palm Beach County Short Sales and Port St Lucie Short Sales.

Copyright © 2008 By Katerina Gasset, All Rights Reserved.* Vacation Home Short Sale- For Sale In Orlando's Vista Cay! *