8227 COOLSHIRE HOUSTON TEXAS 77070 Preforeclosure Shortsale
Shortsale Details
| Anticipated Foreclosure Date | Jul 1, 2008 |
| First Mortgage with Washington Mutual Loan#0044151983 | $120,000.00 |
| Total Owed | $120,000.00 |
| Market Value | $110,000.00 |
| Accepted by Debt Holders | $110,000.00 |
| Savings | $10,000.00 |
| Time to Negotiate Shortsale | 63 days |
Client Testimonial
I first listed my home for $145,000. After 8 months, I reduced it to $125,000 and there were still no offers. My payoff at the time was $120,000. I decided to let the property go into foreclosure. However, my husband didnt want his credit ruined so we contacted Julie Nguyen at Preforeclosure Specialist. They held an auction at the property and within 10 days I got an offer at $110,000. Two months later Wamu excepted the short sale and our credit was saved from foreclosure.
Short Sale Location
Property Details
| Address | 8227 COOLSHIRE HOUSTON, TEXAS 77070 |
| SQFT | 1938 |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Stories | 1 |
| Year Built | 1972 |
| Subdivision | Prestonwwod Forest |
| County | Harris |
I first listed my home for $145,000. After 8 months, I reduced it to $125,000 and there were still no offers. My payoff at the time was $120,000. I decided to let the property go into foreclosure. However, my husband didnt want his credit ruined so we contacted Julie Nguyen at Preforeclosure Specialist. They held an auction at the property and within 10 days I got an offer at $110,000. Two months later Wamu excepted the short sale and our credit was saved from foreclosure.
