Chase Short Sale Success in Uniontown Ohio 44685

By
Real Estate Agent with Hackenberg Realty Group

Chase Short Sale Success in Uniontown OH

Deborah Wison just had another successful Uniontown OH Short Sale Closing with Chase Bank.

The Property:  Two bedroom, two bath ranch in Uniontown OH.  This ranch has 804 sq ft of living area.  It was purchased in September of 1994 for $69,000.  It sold in 8/24/2012 for $65,000.  That's a decline in value of 99% in 18 years. 

Liens:

1st Mortgage with Chase Bank for $85,794

2nd Mortgage with Citi Financial for $16,794

Hardship: Loss of income.

Summary:

I placed the propery on the market in March 2012 for $69,000.  We negotiated a deal for $50,000.  Chase countered at $65,000 and the buyer would not meet the counter. The property was back on the market within days and went pending with a new buyer for $65,000.       

The property closed August 2012.  Chase accepted $56,243.00 or .65cents on the dollar for the first mortgage.

Do you need help with your Ohio Short Sale?

 

 

 

 

 

 

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If you want information on the Canton area which includes shortsale, foreclosures or rentals, please give

me a call at 330-904-4545.

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Deborah Wilson

Stark County OH Real Estate
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