Rancho Santa Fe Short Sale - Another Success!
This self-employed couple had been hit hard by the economic downturn of the last 3 years and could no longer afford their combined monthly mortgage payments of over $20,000.00/month.
There were two loans secured against the home.
1st Lien: $2,730,000.00 / 2nd Lien: $490,000.00
We aggressively marketed their home and obtained an offer for $1,900,000.00.
Approvals from both lenders were obtained within 60 days.
1st lender accepted $1,737,000.00 / 2nd lender accepted $42,000.00
The lender paid all pas due taxes, HOA dues, escrow, title and commissions.
If you would like to discuss selling your home and examine the pros and cons of your particular situation please contact Dave Gubler with IML Real Estate. 1-800-622-6720.
Visit us at www.IMLRealEstate.com to obtain more information and short sale resources. Experience is the key to a successful short sale.
View Our Short Sale Approvals Page
Why Would You Do A Short Sale?
Short Sale vs. Foreclosure
HAFA Short Sale
IML Real Estate is a Licensed Broker with the California Department of Real Estate, License #01860292
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