Showing posts with label buy a distressed property.. Show all posts
Showing posts with label buy a distressed property.. Show all posts

Wednesday, June 6

3520 Natvig Cottage Grove Wi 53527 Home for sale Cottage Grove, 
Search all area homes Cottage Grove Wi 53527


Search all Madison area homes for sale, free and updated
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams.  In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the State Realtor Conventions.     
Get a chuckle. Watch Real  Estate Guy video. 30 seconds

Thursday, May 31

Short sale achieved – again. Listing date to close 2 months, 6 days


Short sale achieved – again.  Listing date to close 2 months, 6 days.  What is a short sale?

We are happy to announce we were able to complete another short sale in Madison Wi.  In doing so we were able to allow Sarah H.  to complete a job transfer to Rancho Cordova CA. 

Here is the scenario.   Sarah had a Wheda loan so she was not allowed to rent the place.   She owed approximately $110,000 on a unit that appraised at $65k.     With a Net procedes of about $47,000, the short fall was 63,000.  

We listed March 19th for $60,000 and had 5 showings on the first weekend. 
One offer received and accepted  $62,000  March 24th
Sale approved May 9th.   Equals 45 days offer to approval.    
Closing   May 28th.    For a total of 69 days, not bad for a short sale. 

Sellers were asked to sign a note for $15,000, which was negotiated to $10,000, which was acceptable to seller, with a zero interest payment of  105 a month. 

Seller had not missed a payment, was able to get out of an underwater home with minimal credit damage. 

Read More about short sales http://www.ShortSalesMadison.com



RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams.  In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the State Realtor Conventions.     
Get a chuckle. Watch Real  Estate Guy video. 30 seconds