Short Sale Success Story: Negotiation on Both 1st and 2nd Liens -- Woodland Hills, CA

We negotiated this short sale and obtained a bank short sale approval for a house in Woodland Hills, CA. The owners bought this house as a primary residence in 2004 for $1,400,000 and obtained financing with two loans totaling for $1,000,000. About two years ago, the husband lost his job and the family had to cut down their expenses. Following after, the couple fell behind on the mortgage payments. The couple was on a route to foreclosure. I Short Sale, Inc negotiated the short sale for $785,000. The 1^st lien holder’s balance was $1,000,000. The 2^nd lien holder balance was $350,000. All lien holders were agreed to the losses so the owners can sell the place and have a fresh start clean from no debt. Call us 877-907-4678 or info@ishortsale.com

Lender references have been removed from the above to protect lenders' proprietary rights.