Another short sale closed this week by my short sale team. Property closed at $67,500. Negotiated with IndyMac for a short payoff.... no defeciency judgement to the seller.
Marketing went quickly and an offer went in immediately. We had three weeks to stop an auction on this condominium. The purchase and negotiations went smoothly right up until closing.
Unfortunatley there were title issues that showed up at the last minute. Back and forth with the old Title Insurance compay and the new Title Insurance company. It took an extension with IndyMac and an extra three weeks..... finally we closed.
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This post was provided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at kevin@kevinvitali.com or call 978-360-0422. Visit www.thehousewiz.com for more information on buying or selling real estate.
I have been handling short sales for several years now. If you have received your foreclosure notice or are late on your mortgage I can explain your options and help you decide what options are right for you. If a short sale is the right option, I can list your property as a short sale and help obtain the best results possible.
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