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Joliet Short Sale Approved & Closed in Neufairfield Subdivision
Another Successful Joliet Short Sale with Bank Of America & Citi Mortgage, Inc.
We just recently closed another Short Sale in Joliet IL. Bank Of America was the first loan / lien holder and Citi Mortgage was the second lien holder. Both lien holders, BOA and Citi, agreed to release the homeowners from any and all responsibility of the remaining balance. Illinois is by default a deficiency judgement state so the RELEASE / WAIVER of the remaining balance is absolutely necessary to ensure a much stronger financial position for the homeowner pursuing a Short Sale. This way the the homeowner does not have to look over their shoulder.
I have helped many homeowners avoid a costly foreclosure by successfully completing a Short Sale. To date I have successfully negotiated with well 40 lien holders including your big box companies like Bank Of America, Chase, Wells Fargo, GMAC, Citi Mortgage as well as smaller lien holders such as Harris, Met Life, Central Mortgage Company, Fifth Third and many others you may or may not have heard of.
With as many Short Sale transactions I have completed I can say I pretty much know what to expect in most cases. Regardless of ... more

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