Showing posts with label specialized loan service. Show all posts
Showing posts with label specialized loan service. Show all posts

Chase Mortgage Short Sale & SLS Specialized Loan Service The Reserve Manassas Park

If you have a condo at The Reserve Manassas Park, let us help you do a short sale so you do not waste away your life savings on a condo over 150k upside down.

Chase Mortgage Short Sale & SLS Specialized Loan Service  The Reserve Manassas Park Real Estate Agent Virginia & Maryland

9711 Handerson Place, Manassas Park 20111 - 2bd/2ba with garage - $140,000
We continue to be 100% in completing short sales for our sellers. Its important you hire a short sale specialist with experience with your bank.

We just got this short sale approved. The seller was forgiven over 145k
For Short Sale FAQ's visit:
http://www.my1245shortsale.com/

Quick Facts

Hardship: Upside Down on the mortgage, place was to small, paying more in mortgage then they would if they were to rent the same place.

List Date: 01/12/2012
Final Approval Date: 7/17/2012
Close Date: 7/30/2012

Result: Full deficiency waiver for our seller.
This short sale was definately interesting but we got it done again for our clients!  Chase, who normally is very easy to do a short sale with, gave us complications early on.  They denied the file twice because they said the seller could afford the property.  If anyone knows the properties at The Reserve, most of these are upside down by over 150k!!  So my client was not going to keep this property for the next 20 years and throw away his life savings. 

So we were persistant and escalated the file.  What do you know they approved it! It just took alot longer than most of our short sales.  Most are getting done in 90 days.  This one took 6 months.  But our client was forgiven over 150k! 
If you would like for us to refer you to a tax professional with short sale experience, conact us at Nate@1245team.com

If you have any questions concerning Chase Mortgage Short Sales or SLS Specialized Loan Service Contact Us. We have a proven record with Chase Mortgage(Preforeclosure) SLS Specialized Loan Service Short Sales. We can help you with Chase Mortgage Short Sale SLS Specialized Loan Service in Virginia & Maryland.

  


Indymac - Service Link / SLS Specialized Loan Service Short Sale Approval Letter - Penderbrook Square, Fairfax, VA

12163 Penderview Terrace, Fairfax, VA 22033 - Penderbrook Square 1bd/1ba - $146,000
Indymac - Service Link / SLS Specialized Loan Service

We continue to be 100% in completing short sales for our sellers. Its important you hire a short sale specialist with experience with your bank.

We just got this short sale approved in 115 days from contract.  The seller was forgiven over 100k. For Short Sale FAQ's visit:
http://www.my1245shortsale.com/

Quick Facts


Hardship: Upside Down on the mortgage, outgrew the condo

List Date: 10/06/2011
Contract Date: 10/10/2011
Approval Date: 1st loan - 1/17/2012 & 2nd loan 1/31/2012
Close Date: 2/08/2012

Result: Full deficiency waiver for our seller.

This one was one of our more difficult short sales.  That only means it took it a little bit longer to get what we wanted.  Indymacs servicer Service link kept wanting alot more money than the property was worth.  We had to dispute the BPO with Fannie Mae.  This took some time, but we finally got the number to where we needed it.  SLS Specialized Loan Service intially wanted a larger payout to forgive the debt but after a few rounds of negotiations we got them to accept 10% of the loan balance. Our seller only had to give them a cash contribution of $2,240 because Indymac paid the rest.

If you have any questions concerning Indymac - Service Link / SLS Specialized Loan Service Short Sales Contact Us. We have a proven record with Indymac - Service Link / SLS Specialized Loan Service (Preforeclosure) Short Sales. We can help you with Indymac - Service Link / SLS Specialized Loan Service Short Sale in Virginia & Maryland.



See the Approval letter for 1st Loan

2nd loan approval letter