Ocwen Financial Short Sale Closed In Hollywood by ‘The Kristin Stampini Team’
Ocwen Financial Short Sale Closed In Hollywood by ‘The Kristin Stampini Team’
The Kristin Stampini Team, a real estate team that specializes in Short Sales in Palm Beach County and Broward County, has closed another real estate transaction. This time, The Kristin Stampini Team helped a seller with an Ocwen Financial loan in Hollywood who was released of a deficiency judgement.
December 19, 2012
Hollywood, Fla. – A home, located in the Hollywood Heights Estates neighborhood of Hollywood, was sold by ‘The Kristin Stampini Team’ for $77,000 in December 2012. ‘The Kristin Stampini Team’ represented the seller for the short sale transaction on Dewey Street.
The Hollywood home was listed in July of 2012. The mortgage was held by Ocwen Financial and it took just over a month to close the short sale from the time the property went under contract. The seller was released of a deficiency judgment and given $3,000 at closing for relocation expenses.
"The South Florida short sale real estate market is changing", said Kristin Stampini, the real estate team’s leader. “About 35% of the South Florida market is still distressed, but now we are seeing more homes avoid foreclosure by utilizing a short sale,” said Stampini. “Banks now want full market value unless there is some exception, like the home is in poor condition. That’s different than what we were seeing in previous years with short sales here in South Florida."
The buyer was an investor who paid cash for the house. The home featured 3-bedrooms, 1-bathroom, hurricane shutters, and multiple fruit trees.
The Kristin Stampini Team is an award winning real estate team based in Boca Raton, Florida. The team is led by Kristin and Mark Stampini. They specialize in short sale transactions, and have helped hundreds of South Florida homeowners avoid foreclosure. Kristin Stampini is a Certified Distressed Property Expert (CDPE) and holds a Short Sale & Foreclosure Resource Certification (SFR).
The office is located in Boca Raton which is on Florida’s Southeast coast. Boca Raton is home to beautiful beaches, a wide selection of golf courses, and world class shopping and cultural events.
Sellers who want to do a Short Sale in South Florida can reach The Kristin Stampini Team at 6070 N. Federal Highway, Boca Raton, FL 33487. www.thekristinstampiniteam.com/sellers .
About The Kristin Stampini Team of Re/Max Services:
The Kristin Stampini Team specializes in Palm Beach County and Broward County real estate and has a team experienced in successful short sale transactions. They take pride in helping guide sellers through the process.
Company Contact Information
The Kristin Stampini Team of Re/Max Services
Kristin Stampini
6070 N. Federal Highway, Boca Raton, FL 33487 Phone: #
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