Short Sale Client Policy Changes

Mar 21, 2009

Due to recent changes in the way mortgage company loss mitigation departments have been processing short sale purchase offers, we have been forced to decline requests for help in certain situations.

Until some level of consistency in the process is implemented, we are no longer accepting new clients who have two mortgages that are held at separate banks.

Freddie Mac and Fannie Mae are currently working to improve the system. Our goal is to abandon this policy as soon as possible so we can offer assistance to everyone who needs it.

In the mean time, we will continue to provide short sale services to anyone in Houston with an FHA mortgage.

In the Houston, we also work with conventional and VA short sales, as long as they do not have multiple loans at separate banks. Regardless, we are always happy to refer a trusted specialist to anyone requiring services which we are not able to provide, so please feel free to contact us with any questions.


ShortSale Testimonial


Property Value: $225,000
4414 AUSTIN, HOUSTON, TX 77004
Total Owed: $380,425
Accepted: $228,653
Time to Negotiate: 82 Days

Recent Houston Preforeclosures

Houston Tx 77025 Preforeclosure ShortsaleTrustee Sale Date: Feb 3, 2012
Houston, Tx 77025
Owed:$200,166 | Accepted:$133,000
Montgomery Texas 77381 Preforeclosure ShortsaleTrustee Sale Date: Jan 3, 2012
Montgomery, Texas 77381
Owed:$1,569,784 | Accepted:$885,000
Pasadena Texas 77505 Preforeclosure ShortsaleTrustee Sale Date: Jan 3, 2012
Pasadena, Texas 77505
Owed:$268,546 | Accepted:$200,000
Houston Texas 77095 Preforeclosure ShortsaleTrustee Sale Date: Jan 3, 2012
Houston, Texas 77095
Owed:$261,024 | Accepted:$175,000
Houston Texas 77005 Preforeclosure ShortsaleTrustee Sale Date: Jan 3, 2012
Houston, Texas 77005
Owed:$705,000 | Accepted:$503,000
Houston Texas 77027 Preforeclosure ShortsaleTrustee Sale Date: Dec 6, 2011
Houston, Texas 77027
Owed:$371,845 | Accepted:$271,000
 Houston Tx 77389 Preforeclosure ShortsaleTrustee Sale Date: Dec 3, 2011
Houston, Tx 77389
Owed:$1,002,380 | Accepted:$769,277
Auburn MA 01501 Preforeclosure ShortsaleTrustee Sale Date: Dec 2, 2011
Auburn, MA 01501
Owed:$354,423 | Accepted:$194,000
 Cypress Texas  77429 Preforeclosure ShortsaleTrustee Sale Date: Nov 3, 2011
Cypress, Texas 77429
Owed:$824,165 | Accepted:$370,000
Houston Texas  77007 Preforeclosure ShortsaleTrustee Sale Date: Nov 2, 2011
Houston, Texas 77007
Owed:$397,657 | Accepted:$254,990