Patrick James (CG Real Estate )
Fairly simple and straight forward deal here.
Predictable FHA short sale, the 1st mortgage serviced by Webster bank and a small 2nd mortgage with CHFA serviced by the Connecticut housing investment fund (CHIF). We took a look at the comps, priced the property appropriately, and had a contract in 8 days. Webster bank was fantastic to work with. Once I had the full short sale package in, an appraisal was immediately ordered and we had an approval letter in about 3.5 weeks! CHIF, as usual was a model of efficiency and had an approval back in a matter of days.
The details:
Amount owed - $150,000
Sale price - $76,000
Closing costs allowed - $7,000
Net to lenders- $69,000
DEBT FORGIVEN - $81,000
Patrick Need to sell your home? Why settle for less than 5 stars? 2011 and 2012 Five Star Connecticut Magazine real estate agent.
-------------------------------------------------------------------------------------------------------------------------- Who To Call For Your Real Estate Needs In Connecticut: Patrick James is a REALTOR that can assist you with all your real estate needs in Connecticut. Patrick resides in Middlesex County but also offers Real Estate Services in New London and Hartford counties, as well as portions of Windham, Tolland, Litchfield and New Haven Counties. Patrick can be contacted via phone or text message at (860)550-5267 or pwjrealtor@gmail.com
IMPORTANT NOTICE: Patrick W. James and CG Real Estate are not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit. |
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