
We negotiated this short sale and obtained bank short sale approval for a condo in Salinas, CA. The owner bought it as investment for $305,000 obtaining a mortgage on the property for $220,000. As a result of declining market value immediately after the purchase, the owner soon found herself owing more than the property was worth. Adding to the financial misery was the fact that the rent paid by tenants didn’t cover the expenses. She was on the road to foreclosure. I Short Sale, Inc. negotiated the short sale for $155,000 to give the owner a fresh start.
Call us. 877-907-4678 or info@ishortsale.com
Lender references have been removed from the above to protect lenders' proprietary rights.
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