LaTanya Rowe, Short Sale Specialist, Closes a Wells Fargo Short Sale in Upper Marlboro, Maryland with No Deficiency
Upper Marlboro, MD, March 09, 2013 --(PR.com
)-- LaTanya Rowe just closed a Short Sale with Wells Fargo for her seller client, whose property was located on Red Jade Court. Wells Fargo was the only lien holder on the property. The property was listed for $95,000 and sold for $77,000 where the purchaser used all cash and received nothing toward closing costs from Wells Fargo in this short sale. The Seller received an approval letter from Wells Fargo with no deficiency language. An approval was obtained 78 days after the seller and purchaser signed the ratified contract and closed 14 days after approval.
LaTanya Rowe, a Virginia and Maryland Short Sale Specialist under the Keller Williams Realty brokerage, put together a comprehensive Maryland, Virginia and Washington DC Savvy Short Sale System for sellers. Homeowners who are facing Maryland, Virginia or Washington DC foreclosure can request a consultation with LaTanya Rowe about their needs. In addition, LaTanya Rowe has created a custom hardship package allowing the homeowner to complete the documents required by the bank to ease the process. Although LaTanya Rowe never encourages a Virginia, Maryland or Washington DC Short Sale, many homeowners in this metropolitan area are facing true hardships that force them to attempt a Short Sale rather than face a Virginia, Maryland or Washington DC Foreclosure.
Many mortgages now exceed the fair market value of the home. Negative equity has become an increasing problem for the nation. With the decreased sales prices and the interest rates on previous sub-prime loans increasing, many DC Metropolitan area home sellers have no choice but to negotiate with the bank to take less on the sale of the property. The seller proves a hardship to the bank which could include high medical bills, loss of income, reduced income, divorce, military transfer, distant employment and other various situations proving the monthly mortgage payments are problematic for the homeowner to pay. The homeowner hires a Real Estate Short Sale agent, such as LaTanya Rowe, to sell their home and negotiate the sale with the bank.
Call 703.431.3431 to speak with LaTanya Rowe, a Virginia, Maryland and Washington DC Short Sale Specialist and request your Savvy Short Sale System Kit.