How do you explain the combination of skills, persistence and timing in the market?
A short sale that took FOUR.FOUR YEARS!
It was the house that no body wanted, not even the bank! Well almost nobody.
We did finally sell it.
We had NOD"S on it but never did we have a auction date
and the bank did not try to do a loan modification.
What is it?
A 1600 sq ft home in Apple Valley Ca. Almost two acres with a 1960's cabin expanded into a 3/1.
When we started this short sale the property was being lived in and the values were about
100,000 for this type of sale.
What Challenge as a short sale?
Client had a legitimate hardship.
But there was an Irs tax lien for about 10,000 which later got
pared down to $3000.
Our Short Sale Expert Cathy Meyers was on the phone for hours.
and Hours to get this through.
Serviced through Bank of America
But some offbeat investor-- no Hafa, no FHA, No Co-op
No Fanny Mae or Freddie Mac, No PIM insurance.
But an Offbeat Investor can trump all of that.
At one point we have people taking stuff off the Property
by the end of the process we had people dropping stuff on the Property.
It was a team work all the way.
flooding issue, foundation issue, roof issue
At one time, when we lost one of our five offers. I can to the point a time and
say,"no more, that is enough time and enough effort and I don't care that I have
driven here a hundred times."
My partner didn't give up.
Short sales not for the faint of heart.
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