Corpus Christi TX 78412 Shortsale
Shortsale Details
| Anticipated Foreclosure Date | Oct 5, 2010 |
| First Mortgage with Litton Loan Servicing, LP | $600,000.00 |
| Total Owed | $284,042.00 |
| Market Value | $360,000.00 |
| Accepted by Debt Holders | $44,042.00 |
| Savings | $240,000.00 |
| Time to Negotiate Shortsale | 30 days |
Client Testimonial
The short sale was submitted to the lender on April 5, 2010, they ordered the BPO on April 13, 2010. I spoke with the BPO Agent the same day and emailed them my BPO package for review, which I built from your instruction. The agent used my values and submitted their BPO to the lender on April 17, 2010. I received a phone call from the Liquidation Specialist at Litton Loan Services, who asked "is 360K your best offer?" I said, "yes, it is my best and final offer.” May 12, 2010 I received the acceptance letter from Wells Fargo and closed on May 26, 2010. Paid $360K for a house with a value of $360K and loan balance of $600K.
Thanks for the postponing the sale and getting this approval in 47 days!
Property Location
Property Details
| Address | Corpus Christi, TX 78412 |
| Subdivision | South Shore Estate |
| County | Nueces |
Litton Loan Approval Letter $315,958
HUD
done
