Successful West Haven Connecticut VA Short Sale With Webster Bank
This 7 room, 3 bedroom 1.5 bath single family home has 1489 square feet of living space and was built in 1920. It was purchased in August 2004 for $171,000.
The first mortgage with Webster Bank was $191,000.
The second mortgage with CHFA was $10,700.
This West Haven short sale was listed on May 9, 2011 for $90,000. In just over 3 weeks but we received a cash offer for $78,000, short sale approval on August 17th and closed on the home on September 12th.
This was a relatively smooth short sale and Webster Bank was terrific to work with through the entire process. This home sold for $78,000 and Webster accepted $68,212 on the first. The second with CHFA was negotiated down to $1500 and was paid by the buyer at closing.
If you or someone you care about is facing financial difficulty and feeling the stress of an unaffordable mortgage and owe more on your home than what it's worth please give me a call to discuss your options. Even if you're facing the possibility of foreclosure it is not too late to try and sell your home as a short sale. I can help you or someone you know create a strategy for living a life without the burden of missed payments. Call me today for a confidential consultation and let's work together to put you back on the path of financial stability.
Copyright © 2011 by Donna Bigda, All Rights Reserved ...*Successful West Haven Connecticut VA Short Sale With Webster Bank*