Wrapped up another short sale today! I was able to get this offer approved in 10 days from submission with Bank of America :) Wow how things have changed with Bank of America... I remember when 6-8 months was a fast response from them 6 years ago!
If you are considering a short sale please don't hesitate to give me a call and we can discuss your situation and see if this is a good option for you.
Recap of Property Characteristics
Out the Door Monthly Payment Range: $1,000-$1,500
School District: Capistrano Unified
~Listed Price: $200K-$250K
Monthly HOA Due(s): $200-$300
Special Conditions: Short Sale Subject to Lender Approval
Use Code: Condominium
Property Attached/Detached: 2+ common walls (N),Attached
Sqftage: 1,000-1,500 Sqft.
Lot Size: 0-2,500 LotSqft.
Mello Roos: Yes.