Spring TX 77379 Shortsale


Shortsale Details

Anticipated Foreclosure DateJul 3, 2007
First Mortgage
with Countrywide Home#
$270,000.00
Second Mortgage
with GMAC#0359258478
$65,000.00
Total Owed$325,000.00
Market Value$240,000.00
Accepted by Debt Holders$236,000.00
Savings$89,000.00
Time to Negotiate Shortsale62 days

Client Testimonial


bank approved short sale for 2nd lien but realtor couldn't sell it for 240K, deal never closed but 2nd lien took discount off 40,000

Property Location


Property Details

AddressSpring, TX 77379
SubdivisionSpring Lakes
CountyHarris County
SHORT SALE ACCEPTED BUYER BOTH BUYERS FINANCING FELL THROUGH

ShortSale Approval Letter

Short Sale Documents