Montgomery TX 77356 Shortsale
Shortsale Details
Anticipated Foreclosure Date | Sep 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 Shortsale | 99 days |
Property Location
Property Details
Address | Montgomery, TX 77356 |
Subdivision | Walden Lake |
County | Montgomery |
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.