After several years of trying to work things out with their lender, this Marlborough CT couple was close to foreclosure and at their wits end. With next to no options left, they decided to attempt a short sale.
We listed the home which was well staged and priced aggressively and within 3 weeks a buyer was secured! Short sale documents headed to the both Suntrust and Chase for this FHA short sale.
Suntrust and Chase proved very slow, but with a lot of pushing prodding 5 months later our short sale approval letters arrived, and a month later this Marlborough, CT short sale closed!
OWED:$200,000 between a Suntrust FHA mortgage and a second with Chase
AAPROVED AND CLOSED: $150,000
TOTAL TIME FRAME LIST TO CLOSE: 7 months
Considering a CT short…