Houston TX 77038 Shortsale

Shortsale Details

Anticipated Foreclosure DateSep 1, 2013
First Mortgage
with Ocwen Loan Services
Second Mortgage
with BSI Financial
Total Owed$153,408.00
Market Value$125,000.00
Accepted by Debt Holders$125,408.00
Time to Negotiate Shortsale97 days

Property Location

Property Details

AddressHouston, TX 77038
SubdivisionWillow Springs Sec 1

Approved Loan Mod: Previous interest rate: 8.76% Approved interest rate: 2.00% 2nd Loan Payoff: $32,000 Approved Payoff: $5000 Promissory Note $10,000 at 0% for 30 months at $333.33 per month

Short Sale Documents