Whittier’s Short Sale Specialists have just closed a Wachovia Short Sale in Whittier. The LaRoche Team has a track record of negotiating with the banks to approve every Short Sale package they have submitted to them and this home in Probate was no exception. That’s an incredible 100% approval rating from the applications they have submitted to all the banks in form of a Short Sale or Probate Short Sale.
The LaRoche Team’s comprehensive short sale system enables them to successfully close a large number of short sales in Whittier. Saving homeowners from a full foreclosure and getting them on track to financial recovery is the most important aspect of the entire Short Sale Process.
The property had been in distress for quite some time, both financially and physically according to neighbors. This Whittier Short Sale not only helps our clients sell their home and avoid foreclosure, it immediately helps Whittier 90603 home values by eliminating a foreclosure from the neighborhood.
The LaRoche Team buyer division also contributed to the neighborhood by locating and qualifying a great family to purchase the home. One neighbor thanked the LaRoche Team staff for placing a new family in the home and eliminating the property from its vacant status.
This was a Probate Short Sale, meaning that the home was currently worth less than what was owed on the property and the property was in Probate. Fortunately for the Administrator of the Estate, the Probate Attorney was affiliated with a Probate and Short Sale Real Estate Company that not only sold a distressed asset to an FHA buyer, they helped the seller receive a cash incentive from the bank as relocation fees. The home buyer was also compensated a significant credit toward the purchase of the home.
This Bank Short Sale took a total of 35 days from the date of the offer to short sale approval. Most of the lenders are working on their timelines to speed up the short sale process. This was a Wachovia Probate short sale in Whittier and based on Senate Bill 458, the lender is prohibited from pursuing the seller for the deficiency in the loan pay off. The lender assisted the buyer with providing some closing costs toward securing their FHA loan for this purchase.
Obtaining a Probate short sale approval can be challenging and only experienced Realtors and Brokers that specialize in short sales and Probate Real Estate should be considered when contemplating a short sale your home. The LaRoche Team’s experienced short sale division utilizes the best systems and employs the best practices to negotiate short sale approval and successfully finalize each transaction. The LaRoche Team has a 100% Short Sale approval rate and is currently one of only a few companies successfully completing Probate Short Sales while having the attorney fees paid by the bank. Homeowners who are facing foreclosure in Whittier are encouraged to consult with the LaRoche Team about their specific needs and see first- hand the LaRocheTeam’s comprehensive Whittier Short sale system.
