everhome short sales: Everhome Approves Destin Florida Short Sale in 50 Days - 02/20/09 08:22 AM
This Destin Florida home was mortgaged for $415,000. It has an in-ground pool, two-car garage and 1400 square feet. In today's market it is worth $205,000. The short sale was just approved by Everhome Mortgage in 50 days. The negotiator was cooperative, and available by both phone and email. The short sale involved two mortgages, the second was Citi, who is to receive $3000 at the closing. The sellers have been saved from foreclosure and might be able to purchase another home in as little as two years.
When selling a short sale, it is best to use an experienced agent.
It's … (2 comments)
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everhome short sales: Is Citi Mortgage Getting Nice? - 10/22/08 03:02 PM
I have a short sale in process for a Santa Rosa Beach FL home. The offer is around $200,000- fair market value. The first mortgage holder, Everhome- is owed $325,000. The second mortgage, Citi Mortgage, is owed $90,000.
Two months ago, I had another offer on the property. The buyer walked after waiting for approval for three months. The hold-up was Everhome. Citi had granted approval. Their terms at the time were $3000 from the first, and $16,000 paid back from the seller over 84 months at 0 percent interest.
Take Two: I now have a new buyer for this Santa … (19 comments)
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