PGA West, the 6 course golf community in La Quinta, California is where my latest approval came through. This gorgeous single family residence with our most desireable orientation (South for most sun!), had two notes against it. The owner had tried to sell it for almost 3 years..always chasing the market and not succeeding.
81-375 National Dr. Listed on 5/27 and approved on July 18, 2012. Less than 60 days for BOTH Lienholders approval.
PML: Bank of America Note Value of approx. $1,400,000
HELOC: Chase Note Value of approx. $250,000
Negotiated amounts:
Bank of America: $925,000 Sales Price with an $8500 payout to Chase. Very much a fair market value for this property. Chase was first with their approval..but only by a couple days.
I list, negotiate and CLOSE my Short Sales. Certified and experienced with plenty of references, I enjoy my Short Sale work! Equity Sales are also picking up tremendously in my Palm Springs Valley, as prices have pretty much stabilized in all price points..it's a good time to be a Buyer!
**********************************
like buttons
Comments