Wednesday, September 25, 2013 / by Kristin & Mark Stampini
World Savings Short Sale Closed In Delray Beach, FL 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, FL has closed another real estate transaction. This time, The Kristin Stampini Team helped complete a short sale for a seller with a World Savings loan in Delray Beach, FL. The deficiency judgment was waived and the seller received $3,000 for relocation assistance at closing.
September 10th, 2013
Delray Beach, Fla. – A home located in Delray Beach, FL was sold by ‘The Kristin Stampini Team’ for $145,000 in June 2013. ‘The Kristin Stampini Team’ represented the seller on Winding Brook Way in the World Savings short sale transaction. 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 Delray Beach home was listed in January of 2013. The mortgage was held by World Savings and it took 50 days to obtain a short sale approval. The short sale closed in June 2013. The seller was released of a deficiency judgment and given $3,000 for relocation assistance.
The buyer had a VA loan and bought the house for the list price. The VA buyer did have to pay for a few things to be fixed in order for the VA to approve his loan.
"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." 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 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.
Company Contact Information
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 Kristin Stampini Team of Re/Max Services
6070 N. Federal Highway, Boca Raton, FL 33487
Phone: (561) 221-2292