Sunday, July 3, 2011

Short Sale Success Story: Condo Investment Property Including HOA Dues -- Las Vegas, NV








We negotiated this short sale and obtained bank short sale approval for a condo in Las Vegas, NV. The owner bought it as investment for $640,000 and obtained a loan for $580,000. Immediately after the purchase she was upside down due to the declining market. It came to a point that she was “bleeding” since the rent paid by tenants didn’t cover the expenses. She was on a route to foreclosure. I Short Sale, Inc. negotiated the short sale for $220,000 and negotiated HOA dues of over $20,000 so the owner can sell the place and have a fresh start clean with no debt. Call us 877-907-4678 or info@ishortsale.com



We crossed out the lender’s name to protect lender’s proprietary rights.

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