This property was located in nice Trestle Glen area of Oakland, California; it had 2 loans with Wells Fargo but sold successfully at below average days on market. We had received offer in 7 days with my aggressive short sale marketing.
The owners were really nice and they contacted me through my website to help them in short sale. I have to tell that they were on time in giving all the required documents, which were needed for short sale and without their help and cooperation; I couldn’t have this success in this short sale transaction.
We had received multiple short sale offers and selected the best offer to send to the lender for approval. In the beginning, we had problem with 1st loan holder in assigning a negotiator for this short sale transaction but after a week, we had escalated the file and at that point they assigned a negotiator and ordered the BPO for this transaction.
The 2nd lien holder (Wells Fargo Equity Line) wanted more money from the 1st loan holder and seller, which I had negotiated with them for way less money than what they originally asked and finally we received their short sale approval. All these negotiations didn’t take that much time, only 32 days for approval with my aggressive negotiation skills. I’m happy that I have helped successfully to one more family in short sale.
If you are in bay area and looking for an experienced short sale agent, then give me a call at 510-366-9405, I would be glad to assist you in short sale or call me even if you have any questions on short sale or options to avoid foreclosure.
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