Wells Fargo Short Sale Closed - Springfield Mo Short Sales

By
Real Estate Broker/Owner with RE/MAX Broker, RE/MAX 1999033519

Wells Fargo Short Sale Closed - Springfield Mo Short Sales

Starting out 339 days ago, as a traditional sale, this home was built in 2004.  with 4 bedrooms, 2 baths and a 2 car garage.  The sellers, knowing that they may be facing foreclosure, contacted us well in advance to avoid foreclosure. 

We started the price out according to market value, but six months into the listing, we came close to a foreclosure date, reduced the price (calculating market value/ time owned / interest rate) to $72,000 and started a short sale.  The bank accepted $70,000 after completing their own research and appraisal. 

The sellers left knowing they are receiving $1000 for moving expenses.  In a small amount of time they will be able to purchase Springfield Mo real estate once more.

We left knowing we have clients and referrals for life.  Thanks Wells Fargo.

Afraid of losing your home to foreclosure?  We can help!  Contact us now.

 

Posted by

Springfield Mo Real Estate

Kay Van Kampen / Rhonda Kay Jones

The "KAY" Team

Kay Direct:  417-839-4534

Rhonda Direct:  417-880-4762

Contact us at: kvankampen@remax.net

 

SERVICE AREA:

The "KAY" Team services the following towns in the Springfield area:  Springfield, Ozark, Nixa, Rogersville, Republic, Clever, Billings, Willard, Battlefield, Sparta, Highlandville, Spokane, Marshfield, Ash Grove, Strafford, Fordland, and Greene, Christian and Webster Counties in Missouri.

 For information on Springfield Mo real estate visit: www.springfieldmohouses.com

 

  Search For Springfield Homes

 

Kay Van Kampen | RE/MAX House of Brokers. Springfield Mo 65804

 

 

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Posts to Localism
Tags:
short sales
kay van kampen
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springfield foreclosures
springfield short sale

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Ambassador
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Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Kay,

Congrats on completing a long road!  We've only done one short sale, and hired an attorney to handle the bank.  Made everything smooth for both sides!  There's plenty of opportunity around here for them, but a niche we'd rather not engage unless we have to.

Jul 16, 2010 02:03 PM #1
Rainmaker
333,694
Rita Fong
RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590 - Marion, AR
Realtor - Marion Arkansas Homes for Sale

Kay, that's great!  You saved them and they will call you when they are ready to buy again.

Jul 16, 2010 03:44 PM #2
Rainmaker
248,047
Matt Grohe
RE/MAX Concepts - Des Moines, IA
Serving the metro since 2003

Kay: I admire both your persistence and your acumen. Congrats on pulling it off for those folks.

Jul 16, 2010 04:48 PM #3
Rainmaker
909,689
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Liz and Bill, I remember when having the home on the market 90 days was terrible.  Now saving a home after 300 days is a miracle!

Jul 17, 2010 11:24 AM #4
Rainmaker
909,689
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Rita, these short sales are like diehard batteries.....they just keep on ticking.

Jul 17, 2010 11:25 AM #5
Rainmaker
909,689
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate
Matt, thanks for the kind words. There are some sellers that don't appreciate all the work we do on these short sales. These sellers were great to work with.
Jul 17, 2010 11:26 AM #6
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Rainmaker
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Kay Van Kampen

Realtor®, Springfield Mo Real Estate
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