HOUSTON TX 77064 Preforeclosure Shortsale
|Anticipated Foreclosure Date||Jul 3, 2007|
|First Mortgage with HOMECOMINGS FINANCIAL #7436974315||$188,056.00|
|Accepted by Debt Holders||$148,000.00|
|Time to Negotiate Shortsale||41 days|
My interest rate is 14.75%. I listen to my loan officer and got an adjustable rate mortgage. I tried to call her to refinance but she said my property did not appraise and my credit score was bad. After several months I gave up. I received a letter from houston preforeclosure that said we buy 100% finance loans and I called right away. They negociated with the bank and the bank took a little discount but I was able to sell and avoid foreclosure.
Short Sale Location
|Address||HOUSTON, TX 77064|
|Subdivision||SILVER OAKS TRAIL|
HOMECOMINGS FINANCIAL BPO 165,000
OFFER 170,000 ALL CASH 4-28-2007.
Need to postpone sale to continue closing 6-8-2007.
Sold for 170K, contribute 3800 towards c/c