West Sacramento short sale information – The Golden One Credit Union

Looking for West Sacramento short sale information? You have come to the right place. Mike Rigley Certified Default Advocate, Distressed Property Expert and your short sale specialist here thank you for joining us. Today let’s talk about our recent experience with The Golden One Credit Union

As a group credit unions are noted as being tough in West Sacramento Short Sale negotiations and The Golden One is no different than the rest. If you think about it, credit unions are working with members money not some large private investor or stock shares. When they take a loss it’s member money that is lost and credit unions take that seriously as they should.

Honestly we had not worked a Golden One Short Sale before but had assisted on a couple of loan modifications in an effort to keep homeowners in their homes so we though knew what we were in for but come to find out were pleasantly surprised to be wrong.

As it would happen the seller was not too far upside down but circumstances were such that they could no longer afford the property. A Short Sale was their best option.

Once an offer was secured we contacted the company that manages Golden One Short Sales for them and submitted a complete Golden One Short Sale package. We went back and forth a couple of times with the Golden One Short Sale department but all in all the negotiations were going pretty smoothly. A liquidation value was determined and the file sent for approval from Golden One.

Within 31 days of having submitted the Golden One Short Sale package we received our approval letter. How great is that – 31 days from submission to approval from Golden One Credit Union. Once again we were able to keep a family from foreclosure and preserve some of the credit unions interests by short sale vs. the greater loss of a foreclosure. Again a win / win for all involved.

Is a West Sacramento Short Sale right for me?

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 or for the latest West Sacramento short sale information. Call me today and sleep better tonight; you’ll be glad you did.