shortsale and foreclosures: Short Sale Success Story by Real Estate Guy Madison Wi - 09/23/11 05:00 PM
Realestateguy is happy to announce approval of another short sale in Madison Wi.   This brings the total to over 30 successful short sales and amongst the best record in Dane County.  
Scenario.   What is a Short sale?

Offer for  $150,000, loans for $160,000 Monona State Bank, Fannie Mae and Mortgage Insurance and $80,000 with Guaranty Bank.  
BPO value $155,000.

Both loans short, negotiated $5,000 payoff to second.  Primary mortgage amount was sufficient to be automatically approved by Fannie mae (85% of BPO).
Time frame 6 weeks.  Offer to approval.  3 weeks to close. 
Congratulations to our sellers Reid and Cara for being able get … (1 comments)

 
Real Estate Guy in Madison, Wisconsin, Real Estate Guy (Powered by: eXp Realty)

Real Estate Guy in Madison, Wisconsin

Real Estate Guy

Madison, WI

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Address: 115 Harmony Drive, Verona, WI, 53593

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Our business is based on long term relationships based in trust. We people make great Real Estate decisions and hence we improve lives thru real estate.


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