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Sunday, April 26th, 2009 at 3:51pm. 507 Views, 0 Comments.
The ShortSalesASAP Group specializes in short sales negotiations, marketing and sales in Orange county CA. Herein, we will outline a successful short sale that our team conducted for a home located in Costa Mesa, California. Some of the specifics about this property will be masked in order to protect the privacy of the previous home owner.
This one level house consisted of 3 bedrooms, 2 baths, and 1640 square foot home, with 2 car garage, and was built about 60 years. This ranch style home was bought many years ago, but was refinanced in the Summer of 2004' for a loan amount of $680,000. Then a 2nd mortgage HELOC loan was also obtained in the Winter of 2005" for an amount of $140,000. At the peak of the market in mid 2006', this home had appraised…