Citi Mortgage Short Sale. Listed, Sold and Closed in 35 days!!
Property:
3 bedroom 2.5 bath townhouse in Kissimmee Florida.Hardship:
Investor owned property. Loss of income. This is the 3rd Investor Short Sale we have completed for this Seller.1st Mortgagewith Citi Mortgage for $92,000. Agreed to accept $54,442 or 60% of the balance owed.
No Seller contribution or promissory note. Citi Mortgage issues a waiver of deficiency. It doesn't get any better than this.
This Kissimmee Short Sale transaction took 35 days from listing to closing!!!
Challenges:None. The property was placed on the market on May 18th. It went pending May 21st. The Kissimmee Short Sale was approved June 21st. Weclosed June 23th.
Sometimes things just fall into place.
Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.
Want to find out more? www.CentralFloridaShortSales.com
***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.
Comment
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Comment by Kimberley Kelly on June 25, 2010 at 12:13pm
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I've only had one experience like this..it was a Wachovia Short Sale and it was listed, and closed in 21 days..unbelievable. Full commission, non pursuit just like yours. Some of these banks are getting it..
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