Boca Raton, FL, June 09, 2013 --(PR.com
)-- The Kristin Stampini Team, a real estate team that specializes in Palm Beach County and Broward County, has closed another real estate transaction. This time, The Kristin Stampini Team helped complete a foreclosure sale in Pompano Beach.
An ocean front property, located in the Breakers condominium in the city of Pompano Beach was sold by "The Kristin Stampini Team" for $170,000. "The Kristin Stampini Team" represented the seller in the foreclosure transaction.
The ninth floor condominium built in 1964 was listed in January of 2013 and put under contract the next month. The sale took 48 days from the time it was listed until the time it closed. The Kristin Stampini Team has handled multiple foreclosure sales in Broward and Palm Beach Counties over the last few years.
The buyer paid cash for the condo in The Breakers. The 1 bedroom, 1 bathroom unit featured a beautiful view of the Atlantic Ocean. The bank owned property sold for 97-percent of the list price.
"The South Florida 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. “Either way banks now want full market value unless there is some exception, like the home is in poor condition.”
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
The Kristin Stampini Team of Re/Max Services
6070 N. Federal Highway, Boca Raton, FL 33487
Phone: (561) 221-2292