Another Short Sale Success Story......2628 Sherlock Dr, Decatur, GA

By
Real Estate Agent with PalmerHouse Properties & Associates, LLC 316636

                                 

 

This spaciously beautiful 4 bdrm/ 2 bth brick ranch with a finished partial basement was originally purchased with an FHA mortgage for $131,000 in 2006. We were able to get the sellers into the FHA Pre-Foreclosure Sales Program and successfully sold the home for $49,900. The sellers received $900.00 back at closing to assist in moving expenses AND A FULL WAIVER OF DEFICIENCY. The buyer received 3% in closing costs. The seller now owes their mortgage company NOTHING!!!!

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Paving YOUR way to the American dream....brick by brick!!

 

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Comments (2)

Steve Merson 512 412 1621
Keller Williams Realty - Austin, TX
CNE, e-PRO

Hi Coweta,

Nice to hear a good ending to a short sale story. They are not all bad!!  LOL

Steve

Sep 02, 2010 06:18 AM
Vanessa Calhoun
PalmerHouse Properties & Associates, LLC - Atlanta, GA
Your Greater Atlanta Marketing Guru!!

No they're not! In fact, that was my third to close in the month of August! I don't think that the system will EVER be perfect (find me one real estate deal that is and I'll give you a cookie), but at least some of the kinks are being worked out to the point where we're seeing shorter approval periods and some incentives to the seller.

Sep 02, 2010 06:44 AM

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