Last Updated 10/8/2009
Seller’s Loan Information
Lender: Countrywide (now Bank of America)
First Mortgage Amount: $206,900
IRS Tax Lien: About $19,000
Offers on Property
Number of Offers: Two
Both offers are for LESS than list price. We’d love another offer or two, knowing the challenges listed below.
Where We Are with Lender(s)
10/8/2009 Lender & lien holders asked for a market analysis on the property which was submitted yesterday. We hope to have their answers on releasing the liens soon…
9/17/2009 Seller has closed to doors to any more showings until the lender makes some decisions after attempting a loan modification and a short sale. Any offers going forward would be subject to a property inspection AFTER the lender gives definitive answers to offers currently before them (and the IRS).
8/2009 My new negotiator believes that we can get this sale resolved with the right offer and in the 60-90 day time frame we usually see with short sales. This one has been difficult and now there is light at the end of the tunnel and it’s NOT a train!
Agent Remarks
This home is really cute in a great neighborhood. Two bedrooms and a bath up; one bedroom off the family room with a full bath/laundry; and a huge bedroom on the lowest level. The living room is large enough to entertain many guests. The kitchen allows conversation with those in the family and living rooms. A great starter or next home! You’ll love the three-car garage too! All offers will need the Short Sale addendum. Please see the “Read This First” post if you’re new to short sales!
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Welcome Home! |
 Kitchen/Dining |
 Kitchen to Great Room |
 Living Room |
 Master Bedroom |
 Paver Deck & Covered Patio |
 Dining Area |
 Bed 2 |
 Bed 3 |
 Bed 4 (or family room) |
 Bath/Laundry |
 Storage Shelves in Garage
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Dean Crandall is a licensed REALTOR with Keller Williams Westfield Real Estate based in beautiful Utah County. He has six successful years of helping clients and friends find and sell homes, land and investment properties.
If you are looking for free advice or have questions, please contact Dean directly:
Dean Crandall
801-836-3112
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1 Comment
March 10, 2009 at 12:27 pm
I’m with Exit Realty in Orem. It was great to get so much information including the amount of existing offers.
Thanks