Houston TX 77064 Shortsale


Shortsale Details

Anticipated Foreclosure DateJul 3, 2007
First Mortgage
with HOMECOMINGS FINANCIAL #7436974315
$188,056.00
Total Owed$188,056.00
Market Value$170,000.00
Accepted by Debt Holders$148,000.00
Savings$40,056.00
Time to Negotiate Shortsale41 days

Client Testimonial


My interest rate is 14.75%. I listen to my loan officer and got an adjustable rate mortgage. I tried to call her to refinance but she said my property did not appraise and my credit score was bad. After several months I gave up. I received a letter from houston preforeclosure that said we buy 100% finance loans and I called right away. They negociated with the bank and the bank took a little discount but I was able to sell and avoid foreclosure.

 

Maria Dolores

 

Property Location


Property Details

AddressHouston, TX 77064
SubdivisionSILVER OAKS TRAIL
CountyHARRIS

HOMECOMINGS FINANCIAL BPO 165,000

OFFER 170,000 ALL CASH 4-28-2007.

Need to postpone sale to continue closing 6-8-2007.

Sold for 170K, contribute 3800 towards c/c


ShortSale Approval Letter

Short Sale Documents