Montgomery TX 77356 Shortsale


Shortsale Details

Anticipated Foreclosure DateSep 6, 2020
First Mortgage
with SPECIALIZED LOAN SERVICING
$200,000.00
Second Mortgage
with WELLS FARGO BANK
$46,750.00
Total Owed$246,750.00
Market Value$295,000.00
Accepted by Debt Holders$186,000.00
Savings$60,750.00
Time to Negotiate Shortsale99 days

Property Location


Property Details

AddressMontgomery, TX 77356
Subdivision Walden Lake
CountyMontgomery

2nd WFB # 708 0546513508 (800 288 3212) 

15% off $46,786 Payoff Settlement is $7,017.90 ( May 4 ) 

WELLS FARGO HOME MORTGAG

 

COLLECTION/CHARGEOFF

 

Real Estate

 

$46,786

 

Status

 

Date Reported Apr 07, 2021

 

Payment StatusCollection/Chargeoff

 

Account StatusDerogatory

 

Amount Past Due$46,786

 

Account Details

 

Account TypeSecond mortgage

 

ResponsibilityIndividual

 

Original Loan Amount$68,750

 

Date Account OpenedApr 16, 2007

 

Date Account ClosedAug 09, 2018

 

CollateralBALLOON DUE 04282022 20027

 

Payment Details

 

Amount Past Due$46,786

 

Date of Last PaymentDec 29, 2017

 

Monthly Payment$0

 

Term180

 

Payment FrequencyMonthly (every month)

 

Worst Pay StatusUnknown

 

Lender Info

Po Box 10335Des Moines, IA 50306

(800) 288-3212

Remarks

Charged off as bad debt. Balloon payment.


ShortSale Approval Letter

Short Sale Documents