A Wells Fargo Short Sale with past due HOA fees Just Closed By ‘The Kristin Stampini Team’ in Riviera Beach, FL

A Wells Fargo Short Sale with past due HOA fees Just Closed By ‘The Kristin Stampini Team’ in Riviera Beach, FL



The Kristin Stampini Team, a real estate team that specializes in Short Sales in Palm Beach County and 
Broward County, FL has closed another real estate transaction. This time, The Kristin Stampini Team 
helped complete a short sale for a seller with a Wells Fargo loan in Riviera Beach.  Kristin Stampini is a 
Priority Partner with Chase Bank, Wells Fargo Preferred Realtor Network and Bank of America Dignified 
Transition Solutions (DTS) Real Estate Agent.

September 9th, 2013


Riviera Beach, Fla.  – A property, located on Oakmont Drive in the city of Riviera Beach was sold by ‘The 
Kristin Stampini Team’ for $119,000 and the buyer also paid $3,800 towards past due HOA fees.  It 
sold for $9,000 above the list price and also sold for above market value.  It was sold to an investor for 
cash. ‘The Kristin Stampini Team’ represented the sellers in the transaction.  The sellers were investors 
and never lived in the property.  The sellers were released of the deficiency judgment in the Wells Fargo 
short sale. 

The Townhouse built in 2004 was listed in February of 2013 and put under contract after 2 months.  
The short sale took 30 days to get bank approval and closed in May 2013.  Kristin Stampini is a Priority 
Partner with Chase Bank, Wells Fargo Preferred Realtor Network and Bank of America Dignified 
Transition Solutions (DTS) Real Estate Agent.

The buyer paid cash for the townhouse. It had an upgraded kitchen with stainless steel appliances but 
had no flooring on its 2nd floor and was in pretty poor condition.

 "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 process.
Kristin Stampini is a Priority Partner with Chase Bank, Wells Fargo Preferred Realtor Network and Bank 
of America Dignified Transition Solutions (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 #
A Wells Fargo Short Sale with past due HOA fees Just Closed By ‘The Kristin Stampini Team’ in Riviera Beach, FLA Wells Fargo Short Sale with past due HOA fees Just Closed By ‘The Kristin Stampini Team’ in Riviera Beach, FL
A Wells Fargo Short Sale with past due HOA fees Just Closed By ‘The Kristin Stampini Team’ in Riviera Beach, FL

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