Corpus Christi Texas 78412 Preforeclosure Shortsale

ShortSale Approval Letter

Short Sale Documents

Shortsale Details

Anticipated Foreclosure DateOct 5, 2010
First Mortgage with Litton Loan Servicing, LP$600,000.00
Total Owed$284,042.00
Market Value$360,000.00
Accepted by Debt Holders$44,042.00
Time to Negotiate Shortsale30 days

Client Testimonial

The short sale was submitted to the lender on April 5, 2010, they ordered the BPO on April 13, 2010.  I spoke with the BPO Agent the same day and emailed them my BPO package for review, which I built from your instruction.  The agent used my values and submitted their BPO to the lender on April 17, 2010. I received a phone call from the Liquidation Specialist at Litton Loan Services, who asked "is 360K your best offer?" I said, "yes, it is my best and final offer.” May 12, 2010 I received the acceptance letter from Wells Fargo and closed on May 26, 2010.  Paid $360K for a house with a value of $360K and loan balance of $600K.

Thanks for the postponing the sale and getting this approval in 47 days!

Short Sale Location

Property Details

AddressCorpus Christi, Texas 78412
Year Built1965
SubdivisionSouth Shore Estate
County Nueces