Another Short Sale Success in the Middleburg, Florida Area
The property: This was single family home in Middleburg with 3 bedrooms, 2 bathrooms, almost 1800 square feet. On a cul de sac. House was in move in condition.
Hardship: Required relocation.
Short sale scenario: The lender was Navy Federal. Only one loan. The seller’s continued making their payments all the way up to closing. Took 2 months to get short sale approval. Not easy to talk to the negotatator. Whenever I called to get updates, I was never put through to the person handling the file. I could only get updates from the person who happened to answer the phone that day. Only one contract on this home. Sold for 151k, owed approximately 206k. No promissory note, but the seller did contribute 5k at closing.
- Wells Fargo Financial
- Navy Federal
- Litton Loan
- Wells Fargo
- Bank of America
- Select Portfolio Servicing, Inc
- HSBC
- Provident Funding
- Litton
- ING
If you find yourself in a short sale situation and want to know your options either call me at 904-910-3516 or email me at pam@pamgraham.com.