About Kissimmee's Bellalago

Located just south of central Florida’s attractions area, Bellalago is the community that everyone is talking about. With Mediterranean style homes starting in the mid $100s, this premier family-friendly community is nested on the edge of Kissimmee’s Lake Tohopekaliga.

Bellalago features a plethora of amenities, and there really is something for everyone here. The community has two spa/fitness centers, heated pools and spas, water playgrounds, and a variety of outdoor activities so the whole family can have fun and stay fit. You will also find a variety of events, classes, and get-togethers at the clubhouse that are exclusive to residents, and a residents-only lakeside restaurant.

Residents are also guaranteed admission to Bellalago Academy, a K-8 charter school, and are located just minutes away from Liberty High School. At the Village Shops at Bellalago, you can bank, shop, and dine in a convenient location. With easy access to everything that makes central Florida an attractive location, and the privacy and comfort of a gated community, Bellalago has everything you need to live the life you want for your family.

Tutas Towne Realty and Bryant Tutas just had another successful Kissimmee Florida Short Sale closing with Chase.

The property:

4 bedroom 2 bath single family pool home located in the Bellalago subdivision of Kissimmee Florida. This home has 2,254 sq ft of living area and was built in 2005. It was bought new in 2005 for $325,000 as an investment property.

Liens:

• 1st Mortgage with Chase for $295,000

Hardship:

• Loss of income and unable to find suitable tenants.
  

Issues:

• The first buyer we had walked as soon as the short sale was approved. No reason. Just thought he could find a better deal. The property was placed back on the market and we had multiple offers in less than a week. We also had to convince Chase to pay over $15,000 in delinquent HOA fees. Chase agreed and paid these at closing. Chase also gave the Buyer $500 for pool cleanup.
  

The property sold for $155,000 or 48% of it's value 5 years ago. Chase accepted $106,500 on the 1st or .36 cents on the dollar. With full Waiver of Deficiency.

The Seller also received $20,000 from Chase at closing. This was part of the Chase Short Sale incentive program. Select Sellers are offered between $10,000 and $35,000 to do a Short Sale.

Do you need help with your Bellalago Kissimmee Florida Short Sale?

Tutas Towne Realty has already successfully negotiated Short Sales with the following Lenders and Investors.

• Chase Short Sale
• Sun Trust Short Sale
• GMAC Short Sale
• Wells Fargo Short Sale
• Bank of America Short Sale
• US Bank Short Sale
• PNC Bank Short Sale
• Citi Short Sale
• HomeEq Short Sale
• Fifth Third Bank Short Sale
• ING Direct Short Sale
• GreenTree Short Sale
• Capital One Short Sale
• ASC Short Sale
• First Horizon Short Sale
• E-Trade Short Sale
• Transland Financial Short Sale
• USA Bank Short Sale
• IBM LBPS Short Sale
• Nationstar Short Sale
• BAC Florida Short Sale
• Real Time Solutions Short Sale
• Fannie Mae Short Sale
• FHA Short Sale

Can we add you to our list of successful Short Sales?

Are you facing foreclosure in Florida?

Are you facing foreclosure in Florida?

Yes it's true. I didn't think it was when a potential Seller called me in December to see if I could place his Bellalago Short Sale on the market. He said that Chase contacted him and offered him $20,000 to short sale his Florida property. He had 3 days to get it listed and send them the listing agreement. They also told him he didn't have to provide them with any financial information. Just a listing agreement, contract, HUD 1 and a hardship letter.

My first thought was "Yeah sure". My second thought was "What's your email address so I can send over the listing agreement!!"

Once the property was listed I called Chase and they confirmed everything my seller had told me. I still had my doubts though.

Anyway, we found a Buyer and the documents requested were sent to Chase in March. Earlier this week we received the approval and sure enough....they are giving the Seller $20,000 at closing. Not only are they giving him this money but Chase also agreed to pay almost 3 years worth of pass due HOA fees totaling more than $15,000!!

This particular Bellalago short sale was bought as a Florida Investment home. It's currently vacant. The property was purchased for $325,000 in 2005 and just sold for $162,000. Chase accepted $115,000 on a balance of $300,000. Full Waiver of Deficiency. No contribution from the Seller.

Advice to delinquent borrowers: Be sure to open ALL correspondence you receive from your Lender. You may just receive "An offer too good to believe". Believe it. 

Do you need help with your Bellalago Short Sale?

Tutas Towne Realty has already successfully negotiated Short Sales with the following Lenders and Investors.

• Chase Short Sale
  
• Sun Trust Short Sale
  
• GMAC Short Sale
  
• Wells Fargo Short Sale
  
• Bank of America Short Sale
  
• US Bank Short Sale
  
• PNC Bank Short Sale
  
• Citi Short Sale
  
• HomeEq Short Sale
  
• Fifth Third Bank Short Sale
  
• ING Direct Short Sale
  
• GreenTree Short Sale
  
• Capital One Short Sale
  
• ASC Short Sale
  
• First Horizon Short Sale
  
• E-Trade Short Sale
  
• Transland Financial Short Sale
  
• USA Bank Short Sale
  
• IBM LBPS Short Sale
  
• Nationstar Short Sale
  
• BAC Florida Short Sale
• Real Time Solutions Short Sale
• Fannie Mae Short Sale
• FHA Short Sale

Can we add you to our list of successful Short Sales?

Are you facing foreclosure in Florida?

Hi folks. I had a seller call me earlier this week needing a Short Sale agent ASAP!! He hasn't made payments for many months and had actually already moved out of the property expecting to be foreclosed on any day now.

Chase sent him a letter. And fortunately instead of just throwing it away thinking it was another collection attempt he opened it.

Inside was an offer from Chase that he couldn't refuse. Stay in the house, maintain it, bring Chase a contract at FMV (fair market value) and they will approve the short sale within 10 days and give him $20,000 at closing for moving expenses!!! PLUS....a waiver of deficiency.

AND...he doesn't have to provide any financial information. No back statements. No financial statement. No tax returns. No hardship letter. Just a listing agreement, contract and a HUD. At least this is what he was told. Should be interesting to see how it plays out. Have you heard of this program?

Are you facing foreclosure in Florida?