Montgomery Texas 77381 Preforeclosure Shortsale

ShortSale Approval Letter

Short Sale Documents

Shortsale Details

Anticipated Foreclosure DateJan 3, 2012
First Mortgage with PNC Financial $1,175,000.00
Second Mortgage with SN Servicing$394,783.99
IRS Back Taxes$4,190.00
Property Taxes$30,829.02
Total Owed$1,876,916.19
Market Value$1,100,000.00
Accepted by Debt Holders$1,005,652.02
Time to Negotiate Shortsale9 days

Client Testimonial


I have already spoken with the supervisor at PNC Bank. Once they have approved this deal, and you send me an approval letter from them allowing us $ 30K, I will forward you an approval letter.

Our investors will only accept $ 30,000 for a lien release on this property. Otherwise, they are prepared to let it go to foreclosure and pursue the debtor personally. This is the deal that they have been open to for the last 12 months. If you can get us that amount before the foreclosure date, please let me know so I can get you a formal settlement letter.

Ross A. Stein
Asset Manager

SN Servicing Corporation
3050 Westfork Drive
Baton Rouge, LA 70816
Toll-Free: 1-800-820-4236, Ext.# 1613
Fax: 916-231-2424

Short Sale Location

Property Details

AddressMontgomery, Texas 77381
Year Built2000
Subdivision The Woodlands Cochrans 46
County Montgomery County