After Job Relocation, Wells Fargo Approves Homeowners‘ Short Sale and Forgives all Mortgage Debt
Job Relocation Forces Short Sale
When Deon was relocated for his job, he and his wife Cheryl knew they needed to sell their Spanaway home. Unfortunately, they owed more on their mortgage than their home was worth. They had no idea how to solve their problem. Fortunately, a friend of theirs had worked with Washington Property Solutions to successfully sell their home through a short sale, and they referred them to us.
Free Attorney Consultation Outlines Job Relocation Options
They knew nothing about the options that were available to them. Washington Property Solutions provided them with a free real estate attorney consultation to discuss their situation. After learning that Deon’s job relocation is a qualifying hardship for a short sale, they decided to approach their lender.
Wells Fargo Completely Forgives All Mortgage Debt
They owed $225,000 on their mortgage. We were able to negotiate with Wells Fargo to approve a short sale and accept the $170,000 in proceeds from the sale as full and final settlement of their mortgage debt. Deon and Cheryl were released from ever having to pay any of the $55,000 of forgiven debt. And there were no out-of-pocket costs to them whatsoever throughout the entire short sale process.
SHORT SALES RESULTS:
- Short Sale Approved
- Full Satisfaction of $55,000 in Mortgage Debt
- Debt Permanently Forgiven
If you’re underwater on your home mortgage and need to sell, it’s essential to have the right broker advocating on your behalf. Short sales are complicated transactions. Working with a broker experienced specifically in the short sale process in Washington State ensures your sale will go smoothly.
Washington Property Solutions is the state’s leading short sale solution provider.
We offer a proven success rate, a team of seasoned Windermere short sale experts, and a depth of experience with lenders across the country that is unmatched. The bottom line: We get your home sold.
Call us at 425-381-2233, or email us
to schedule your no-cost, confidential, short sale consultation
Other helpful resources:
About Our Free Attorney Consultations
Information about the HAFA Program
The Benefits of a Short Sale Over Foreclosure
Short Sale FAQs
More Testimonials from Our Clients
Read More Spanaway, WA Short Sale Success Stories