Modification Success Story: Bank Modification Approval for 2% interest to Owners – Oak Park CA

We negotiated this Modification and obtained a bank modification approval for a house in Oak Park, CA. The owners bought this house as a primary residence in 2006 for $765,000 and obtained a mortgage for $680,000. Due to decline of income, the family had to cut down their expenses. Following after, the family fell behind on the mortgage payments. The borrowers were on a route to foreclosure. I Short Sale, Inc negotiated the modification by placing the delinquencies of over $80,000 on top of the loan and obtain a 2% interest rate on the total amount so the owners can afford the monthly payments and keep the home. Once the homeowners will make the three trial payments on time, you will obtain a permanent modification from this bank.

Call us 877-907-4678 or info@ishortsale.com

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

Short Sale Success Story: Short Sale the Cure for Job Loss, Plus HAFA Incentive Payout - Berkeley, CA

We negotiated this short sale and obtained a bank short sale approval for a house in Berkeley, CA. The owners financed the purchase of this home in 2004 with a 100% mortgage for $410,000. The family fell victim to unemployment, and despite cutting expenses and other strategies to cope with a drastic reduction in household income, it was inevitable that the family would eventually fall behind on mortgage payments. Foreclosure seemed the only outcome.

I Short Sale, Inc. negotiated the short sale of the property for $265,000 on the first lien as well as a $6,000 settlement on an outstanding 2^nd mortgage allowing the family to have a fresh start. Not only was the debt obligation of two mortgages lifted, I Short Sale, Inc. facilitated the transaction through the government's HAFA program that awarded the family $3,000 to cover relocation expenses after the sale of the property.

Contact us at 877-907-4678 or info@ishortsale.com

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

Short Sale Success Story: Job Loss, Relocation and Two Liens Resolved - Sun Valley, CA

We negotiated this short sale and obtained a bank short sale approval for a house in Sun Valley, CA. The owners bought this house as a primary residence in 2000 for $260,000, and in 2005 refinanced with two loans totaling $490,000. Approximately two years ago the husband lost his job, and in 2010 the family relocated to Nevada for better employment prospects while still obligated to mortgage payments on the Sun Valley property. The couple soon became delinquent on mortgage payments, and foreclosure was imminent. I Short Sale, Inc. negotiated the short sale for $258,000 and convinced both the 1st lien and 2nd lien holders to agree to the losses allowing the owners a debt-free, fresh start.

Contact us at 877-907-4678 or info@ishortsale.com

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