Houston TX 77056 Shortsale
Shortsale Details
| Anticipated Foreclosure Date | Jan 4, 2011 |
| First Mortgage with WALLIS STATE BANK | $2,412,500.00 |
| Second Mortgage with WALLIS STATE BANK | $500,000.00 |
| Property Taxes | $62,000.00 |
| Judgements | $475,000.00 |
| Total Owed | $3,449,500.00 |
| Market Value | $3,100,000.00 |
| Accepted by Debt Holders | $2,637,500.00 |
| Savings | $812,000.00 |
| Time to Negotiate Shortsale | 9 days |
Client Testimonial
Mr. Vinh Truong:
thank you for trying to help me with this. I understand that the foreclosure is postponed on 5550 Candlewood and would like to know the postponement date?
shahem
We are passing the foreclosure today but this does not constitute an
acceptance of the offer. Will review that with Mr. Barazi later today.
Guido Piggott
Property Location
Property Details
| Address | Houston, TX 77056 |
| Subdivision | TANGLEWOOD |
| County | HARRIS |
There are three liens on this proeprty, one for 2.5 million, 500K second lien and 3rd lien for $450K, Can you help me short sale this home in tanglewood?
Deed of Trust #2 500,000
Deed of Trust 475,000
Notice of Trustee Sale 11/2/2010
Deed of Trust Wallis Bank $2,420,000
Tax Lien $18,000
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