Another relieved Seller avoided foreclosure and closed on a Short Sale for their home this week. It's hard to post on every single Short Sale closing but when they go like this I like to get the news out to boost distressed Sellers confidence in the value of a Short Sale. Here's the particulars of this South Florida Short Sale Closing:
- Home sold above list price of $203,000
- Home approved for Short Sale and written approval received in 56 days
- Home closed in 85 days from the day Short Sale package was faxed to the Seller's Lender
- Sellers received written approval indicating "Full satisfaction and release of mortgage"
- Buyers found a bottle of champagne in the fridge welcoming them to their new home having been left by the Sellers
Please remember the next time somebody tries to tell you to skip the Short Sale, don't listen to them, as time and again those who have chosen to help the Short Sale Seller avoid foreclosure are succeeding in doing just that.
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