Cypress TX 77429 Shortsale

Shortsale Details

Anticipated Foreclosure Date	Nov 3, 2011
First Mortgage with Bank of America#68861573	$774,165.00
Second Mortgage with GMAC Mortgage Pool Lien	$50,000.00
Property Taxes	$16,487.00
Construction or M&M	$72,564.00
Judgements	$5,647.00
Total Owed	$918,863.00
Market Value	$600,000.00
Accepted by Debt Holders	$464,698.00
Savings	$454,165.00
Time to Negotiate Shortsale	5 days

Client Testimonial

Thanks for the update. I wanted to let you know that our lender also sent us an official notice that they have received our letter requesting that they no longer call us as well as a notice that our petition to have our loan adjusted has been denied because (and I love this) we don’t make enough money. DUH! (grin) Thanks again, you guys have been great. I really appreciated the phone call the other day as well. It’s nice to know that you’re not just taking our money and leaving us in the dark.