Chase Bank HAFA Short Sale in Lake Worth, FL Closed by ‘The Kristin Stampini Team’ A Chase Priority Partner

Chase Bank HAFA Short Sale in Lake Worth, FL Closed by ‘The Kristin Stampini Team’ A Chase Priority Partner


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 complete a HAFA short sale for a seller with a Chase Bank loan in Lake Worth. Kristin Stampini with The Kristin Stampini Team is a Priority Partner with Chase Bank, Wells Fargo Preferred Realtor Network and Bank of America Dignified Transition Solutions (DTS) Real Estate Agent.

August 27, 2013

Chase Bank HAfa Short SaleChase Bank HAfa Short Sale 

Lake Worth, Fla.  – A property, located in the subdivision of Kenwood in the city of Lake Worth was just sold by ‘The Kristin Stampini Team’ for $90,000.  The property sold for 100% of the asking price and was sold for full price and market value.  ‘The Kristin Stampini Team’ represented the seller in the HAFA short sale transaction.
The Lake Worth, FL home was listed in December of 2012 and put under contract in February. The mortgage on this property was held by Chase Bank.  The short sale was approved in May 2013 and closed 3 weeks later.  The buyer had an FHA mortgage.  The seller was released of a deficiency judgment by Chase Bank and was given $3,000 for relocation assistance at closing.  Kristin Stampini from The Kristin Stampini Team is a Priority Partner with Chase Bank, Wells Fargo Preferred Realtor Network and Bank of America Dignified Transition Solutions (DTS) Real Estate Agent.
"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 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   (561) 221-2292.
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 entire short sale process and never charge the seller(s) for their entire teams assistance.
Kristin Stampini is a Priority Partner with Chase Bank, is part of the Wells Fargo Preferred Realtor Network, and is a Bank of America DTS Real Estate Agent.
Company Contact Information
The Kristin Stampini Team of Re/Max Services
6070 N. Federal Highway, Boca Raton, FL 33487

Phone:  (561) 221-2292

Comments

Post a Comment

Popular posts from this blog

House Hunters, Fake?

Image
Is House Hunters Fake? Recently I’ve been obsessed with watching  HGTV’s House Hunters . More obsessed than usual. Especially with the House Hunters international edition which I always find super intriguing, to see how the real estate market compares with that of the United States’. However, as one of the founders of  Florida Platinum Group   in Palm Beach County and as a Real Estate Agent with many years of experience under my belt. I know that many aspects of House Hunters simply do not happen in real life and a lot of the true aspects of the house hunting process are left out. I start to ponder whether if others, who watch House Hunters without such experience, truly believe that this is how the home buying process goes. It can be a bit more complicated and tedious than that especially if one chooses the wrong agency to work with. The Breakdown: How many Houses Did you Say? Three. Only three homes are seen being showed on House Hunters to the b...
Read more

Legal Mistakes to Avoid

Image
Undisclosed Legal Mistakes Costing  Boca Raton Homebuyers Thousands Someone we want you to meet CEO of  Florida Platinum Group , Kristin Stampini was speaking to attorney Erik Eastham about legal mistakes to be aware of in regards to real estate, and this is what he had to say. By Erik Ian Eastham Boca Raton, Fla.  –  Whether someone is purchasing a main residence, vacation home or other investment property, real estate is often times an individual’s most valuable asset. Much of an individual’s net worth is defined by the real estate they own or have an interest in. As any smart investor will tell you, it’s not enough to own the asset, it must be protected as well; protection from the claims of creditors and the liability that comes with real estate is a necessity. A novice investor 
may rely solely on
 insurance to help protect their real estate investment, however, insurance policies have dollar limits and coverage limitations. As such, a savvy investo...
Read more

WHO PAYS FOR CLOSING COSTS WHEN SELLING A HOME?

Image
Who Pays for Closing Costs When Selling a Home When you get a mortgage there are closing costs involved. On average, closing costs run between 2%-5% of the purchase price. Who pays for closing costs when selling a home? However, the buyer is not the only party that must pay fees at closing. Sellers must pay for both their real estate agents and the buyers’ agent’s commission that is typically 6% of the sales price. It really depends as to who pays for closing costs when selling a home on both parties’ agreement. Rolling Closing Costs into the Loan Usually, you cannot roll your closing costs into the loan except in the case of USDA loans. Mortgage loans have a maximum allowable loan-to-value ratio (LTV ratio). Your loan plus closing costs, minus the down payment cannot exceed the LTV limit. For example, An FHA loan has a maximum LTV ratio of 96.5%. You are not able to get an FHA loan for more than 96.5% of the sales price. FHA requires a 3.5% down payment bringing the LTV to th...
Read more