We are now 28 for 28 in successfully completing short sales for our seller.
We just got this short sale approved in 45 days from contract!! The seller was forgiven over 100k
http://www.my1245shortsale.com/
Quick Facts
Hardship: Upside Down on the mortgage, outgrew the condo
List Date: 7/21/2011
Contract Date: 9/16/2011
Approval Date: 10/31/2011
Close Date: 12/14/2011
Result: Full deficiency waiver for our seller.
The seller is a friend of mine and I highly recommended him doing a short sale. After he bought the condo, he got married and had 2 kids. The place was too small and it was drastically upside down. Citi Bank Mortgage gave us the approval letter within 2 weeks but we had to wait for Greentree to go through their steps. 45 days later we got approval from Greentree and we were ready to close until the buyer screwed us over and bailed on the day of closing with no good reason. We quickly found another cash buyer and pulled out some tricks with Greentree to get them to extend our short sale approval. They wanted to start everything over and that would have taken another 30-45 days and by then the first loan Citi was going to be selling their loan to another company. It was a mess! But it worked out and 13 days after we were supposed to close with our first buyer, we closed with our second buyer.
If you have any questions concerning Citi Bank Mortgage or Greentree Short Sales Contact Us. We have a proven record with Citi Bank Mortgage or Greentree (Preforeclosure) Short Sales. We can help you with Citi Bank Mortgage or Greentree Short Sale in Virginia & Maryland.
