CalHAFA West Sacramento Short Sale Approved

We got exciting news the other day. We had a short sale where Guild Mortgage was the servicer for a Cal HAFA backed loan. This young family had outgrown the house and still owed more than twice what it was worth. They had applied for and received a loan modification but even though the loan mod made the home more affordable it still did not meet the needs of their growing family.

We placed the property up for sale in early December, received multiple offers and went into short sale negotiations on December 10th, 2011. Our file was turned down without review not once, not twice but three times. Now keep in mind, because we are Certified Default Advocates and Distressed Property Experts, know and understand the numbers and are passionate about our business we don’t take no for an answer.

Since short sale over foreclosure was a far better financial decision for the investor we continued to escalate and pursue the file. Slowly but surely we wore them down with logic and data. Guess what – this week after 122 days of negotiating we received the full approval releasing the this young family from any and all liability for the unpaid debt and when they complete the correct forms, will have no liability for the income tax either.

What a difference we are going to make in the lives of this family. In 2-3 years they will be eligible to buy a new home and right now they are getting the fresh start they deserve. To get a better idea of when your West Sacramento home will be worth what you owe, log in to www.shortsaleandloanmod.info for a free estimate or call me today for a free no obligation consultation. Call me today and sleep better tonight; you’ll be glad you did