12163 Penderview Terrace, Fairfax, VA 22033 - Penderbrook Square 1bd/1ba - $146,000
Indymac - Service Link / SLS Specialized Loan Service
We continue to be 100% in completing short sales for our sellers. Its important you hire a short sale specialist with experience with your bank.
We just got this short sale approved in 115 days from contract. The seller was forgiven over 100k. For Short Sale FAQ's visit:
http://www.my1245shortsale.com/
Quick Facts
Hardship: Upside Down on the mortgage, outgrew the condo
List Date: 10/06/2011
Contract Date: 10/10/2011
Approval Date: 1st loan - 1/17/2012 & 2nd loan 1/31/2012
Close Date: 2/08/2012
Result: Full deficiency waiver for our seller.
This one was one of our more difficult short sales. That only means it took it a little bit longer to get what we wanted. Indymacs servicer Service link kept wanting alot more money than the property was worth. We had to dispute the BPO with Fannie Mae. This took some time, but we finally got the number to where we needed it. SLS Specialized Loan Service intially wanted a larger payout to forgive the debt but after a few rounds of negotiations we got them to accept 10% of the loan balance. Our seller only had to give them a cash contribution of $2,240 because Indymac paid the rest.
If you have any questions concerning Indymac - Service Link / SLS Specialized Loan Service Short Sales Contact Us. We have a proven record with Indymac - Service Link / SLS Specialized Loan Service (Preforeclosure) Short Sales. We can help you with Indymac - Service Link / SLS Specialized Loan Service Short Sale in Virginia & Maryland.
See the Approval letter for 1st Loan
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