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Short Sale Client Policy Changes

Mar 21, 2009

Due to recent changes in the way mortgage company loss mitigation departments have been processing short sale purchase offers, we have been forced to decline requests for help in certain situations.

Until some level of consistency in the process is implemented, we are no longer accepting new clients who have two mortgages that are held at separate banks.

Freddie Mac and Fannie Mae are currently working to improve the system. Our goal is to abandon this policy as soon as possible so we can offer assistance to everyone who needs it.

In the mean time, we will continue to provide short sale services to anyone in Houston with an FHA mortgage.

In the Houston, we also work with conventional and VA short sales, as long as they do not have multiple loans at separate banks. Regardless, we are always happy to refer a trusted specialist to anyone requiring services which we are not able to provide, so please feel free to contact us with any questions.


ShortSale Testimonial


Property Value: $100,000
7870 SAWMILL TRAIL, HOUSTON, TX 77040
Total Owed: $125,000
Accepted: $125,000
Time to Negotiate: 0 Days

Recent Houston Preforeclosures

 Houston  TX 77080 Preforeclosure ShortsaleTrustee Sale Date: Sep 3, 2010
Houston , TX 77080
Owed:$129,000 | Accepted:$106,000
Houston  Texas 77072 Preforeclosure ShortsaleTrustee Sale Date: Aug 3, 2010
Houston , Texas 77072
Owed:$233,692 | Accepted:$30,000
KATY TEXAS 77494 Preforeclosure ShortsaleTrustee Sale Date: Aug 3, 2010
KATY, TEXAS 77494
Owed:$58,017 | Accepted:$5,000
Houston  Texas 77084 Preforeclosure ShortsaleTrustee Sale Date: Aug 3, 2010
Houston , Texas 77084
Owed:$176,000 | Accepted:$176,000
Houston  Texas 77004 Preforeclosure ShortsaleTrustee Sale Date: Jul 6, 2010
Houston , Texas 77004
Owed:$248,558 | Accepted:$72,422
Spring Texas 77388 Preforeclosure ShortsaleTrustee Sale Date: May 4, 2010
Spring, Texas 77388
Owed:$138,600 | Accepted:$76,790
Porter  Texas 77365 Preforeclosure ShortsaleTrustee Sale Date: Apr 7, 2010
Porter , Texas 77365
Owed:$263,708 | Accepted:$263,708
HOUSTON TEXAS 77007 Preforeclosure ShortsaleTrustee Sale Date: Apr 6, 2010
HOUSTON, TEXAS 77007
Owed:$396,000 | Accepted:$300,000
 Deer Park  Texas 77536 Preforeclosure ShortsaleTrustee Sale Date: Apr 6, 2010
Deer Park , Texas 77536
Owed:$254,625 | Accepted:$175,000
Houston  Texas 77346 Preforeclosure ShortsaleTrustee Sale Date: Apr 5, 2010
Houston , Texas 77346
Owed:$236,000 | Accepted:$235,999