La Quinta, Calif., CLOSED Short Sale; Two days, two recorded!

La Quinta, California Short Sale CLOSED!  Listing to Recording in less than four months..and that was after first position Buyer walked!

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  • SHORT SALE STATISTICS

 

  • Bank of America, one note, no MI
  • Primary Residence
  • Seller Hardship was loss of Income for one spouse
  • Original Note Value:  $320,000
  • Closed Sale Price:  $150,000 (conventional loan)
  • B of A accepted approx. .45 cents on the original dollar

Bit of a panic as B of A had not approved Final HUD until late yesterday afternoon, and then it was via Equator..but got it recorded!

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