Spring Valley, CA - Local Real Estate Agent and Short Sale expert, Nelson Carrillo, successfully helped a family avoid foreclosure. As we see the number of people losing their homes growing, the demand of professional real estate experts in this area rises as well. Luckily for this couple, they came to the right agent. Mr. Nelson Carrillo was able to review their situation and showed the options.
It turned out the husband was injured on the job and was out of work on disability. He was then laid off and was unable to continue his mortgage payments. As they were getting ready to pack and let the house go into foreclosure, they decided to seek advice from local realtor Nelson Carrillo.
They were advised of the options. The right paperwork was put together by Mr. Nelson Carrillo's team, timely coordination with a local escrow company and title as well as aggressive negotiation with their lender Washington Mutual who held the 1st and 2nd mortgages. They were already upside down on their mortgage loans and almost a year behind on HOA dues.
After persistent negotiations with bank and full cooperation of the homeowners, Washington Mutual agreed to approve the short sale transaction at the agent's suggested price.
The buyers were so happy to have bought a home a lower price, the bank was happy to have sold the property and avoid possible higher fees, and Mr. Nelson Carrillo's clients were happy to have sold the property without owing anything to the bank. They now feel relieved that they did not go through Foreclosure and ruin their credit for 7 years. The husband got a new and better job and happy with the hopes of buying a home again in the near future.
If you or anyone you know is going through difficult times and is facing foreclosure contact Mr. Nelson Carrillo's Real Estate team. They can help.
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Nelson Carrillo, Realtor® -- Phone: (888) 410-1015 -- NC@NelsonSellsHomes.com -- www.NelsonSellsHomes.com
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