HOUSTON TEXAS 77056 Preforeclosure Shortsale


ShortSale Approval Letter

Short Sale Documents


Shortsale Details

Anticipated Foreclosure DateJan 4, 2011
First Mortgage with WALLIS STATE BANK$2,412,500.00
Second Mortgage with WALLIS STATE BANK$500,000.00
Property Taxes$62,000.00
Judgements$475,000.00
Total Owed$3,449,500.00
Market Value$3,100,000.00
Accepted by Debt Holders$2,637,500.00
Savings$812,000.00
Time to Negotiate Shortsale9 days

Client Testimonial

Mr. Vinh Truong:

thank you for trying to help me with this.  I understand that the foreclosure is postponed on 5550 Candlewood and would like to know the postponement date? 

 

shahem

We are passing the foreclosure today but this does not constitute an
acceptance of the offer. Will review that with Mr. Barazi later today.

Guido Piggott




Short Sale Location


Property Details

AddressHOUSTON, TEXAS 77056
SQFT10201
Bedrooms5
Bathrooms5.5
Stories2
Year Built2008
Subdivision TANGLEWOOD
CountyHARRIS
There are three liens on this proeprty, one for 2.5 million, 500K second lien and 3rd lien for $450K, Can you help me short sale this home in tanglewood?