One more client of mine is saved from foreclosure!! They contacted me last month and told me about their situation, they were having hardship in maintaining all the expenses and they tried their best to keep their house by paying their mortgage but couldn’t afford to keep it longer.
Their couple of friends told them that the foreclosure and short sale is same thing and they even decided to let it go foreclosure, but one of their other good friends suggested talking to me to see if short sale is right or not. I have explained to them the difference between short sale and foreclosure and advantages of short sale over foreclosure.
Once they saw the benefits of short sale, they decided to list the house. After listing the house and with my short sale marketing, we did receive 3 offers within a week’s time and sent the best offer to the lender for their approval.
As a short sale specialist and with my negotiation skills, I have received the short sale approval within 29 days from Wells Fargo and the homeowner was so excited to see the approval. The buyer and buyer’s agent were also excited to see the approval within a month. They completed their inspection and other required paper works within the specified time period (I would say that buyer’s agent was superb in following up on their side) and today (08/03/09) we closed the escrow.
My goal is to help families from foreclosure as far as possible. If you are thinking of short sale and have any questions or need my assistance then don’t hesitate to contact me at (510) 366-9405, I would be happy to assist you in anyway I can – your bay area short sale specialist.
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