Beautiful 3 bdrm/ 2 bth family home with rocking chair from porch originally sold on July 19, 2010 for $109,829.00. Our short sale approval timeline is as follows:
June 9, 2010 - Submitted short sale paperwork to lender along with offer and preliminary HUD-1
July 15, 2010 - BPO assigned to area agent.
July 22, 2010 - BPO received by lender.
July 23, 2010 - File assigned to negotiator.
July 27, 2010 - Negotiator conducts phone interview with seller.
July 29, 2010 - Short sale approval received!!!
Original Loan Amount - $ 109,829.00
Short Sale Purchase Price - $ 48,637.00
Amt of waived deficiency - $ 61,192.00
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