
We negotiated this short sale and obtained bank short sale approval for a condo in Los Angeles, CA. The owner bought it as an investment property for $485,000 with 1st and 2nd mortgages on the property totaling $425,000. As a result of deteriorating market conditions, the owner found herself owing more than the property was worth and the rental income not covering the combined load of mortgage and ancillary expenses. Foreclosure seemed inevitable. I Short Sale, Inc. negotiated the short sale of the property for $285,000, reduced the amount owed on the 2nd lien to $6,000 and negotiated negotiated a substantial reduction in back HOA dues. We can do the same for you.
Contact us at 877-907-4678 or at info@ishortsale.com
Contact us at 877-907-4678 or at info@ishortsale.com
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