Posted on Jun 16, 2012 in Roseville and Sacramento Short Sale FAQs

Hello everyone, this is Mark Peek with Keller William’s Real Estate. I am your short sale specialist for the Roseville and Sacramento area. If you are struggling to pay your mortgage, trying to avoid foreclosure or just want out of your home, please get in touch with me. I can provide you with the information and resources you are looking for to successfully short sale your home.

Today I wanted to talk about a recent success with Wachovia on a condo in Auburn. This particular seller had a very large mortgage and probably the most difficult piece of this was the homeowner’s association lien. That lien was up to $16,000 in back paid fees. That’s typically a very difficult situation especially when your price point is $70,000. In this case I’m getting Wachovia to contribute to the lien. The buyer is also contributing and we’re moving towards closing this short sale. I just wanted to tell you that I highly recommend you keep your HOA current; in this case, it was unavoidable. The seller was unable to do that because they were in an extremely difficult situation. I’m very happy to tell everyone that this particular short sale just goes to show that there is a possibility to get out of a bad situation. I’m definitely here to help if you are in a situation that you think is unavoidable.

Please give me a call, we can discuss your situation and see what I can do to help you out. I also encourage you to use my short sale calculator that is on my website. If you enter in your property and mortgage information you can find out how long it will take for your home to become an asset again. Thank you for joining me on my blog today. Again, I am Mark Peek with Keller William’s Realty; your short sale specialist for the entire Roseville and Sacramento area.

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