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Hayward Short Sale Success!

by Scott Fuller on March 26, 2012
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Hayward short sale success! Eastbay Short Sale Group is proud to announce we have closed 605 Artistic Place in Hayward. This is a fantastic corner/end-unit home located in highly desirable “Studio Walk” community. Built in 2004. Close to BART/92/880/580, shopping, and more! High ceilings, balcony, 2 car garage, walk-in closets, etc. Eastbay short sale group listed this property for sale in November and closed escrow in just 4 months!

The seller of this Hayward short sale had 2 loans on the property, both with Bank of America. The seller had a verifiable hardship and needed to sell the home quickly. We gathered all of their financials, hardship letter, and forms and submitted the short sale packages to Bank of America’s short sale departments. After submitting the short sale package, the bank obtains valuation of the property, analyzes the offer, comes back with a counter offer or an approval and then we are able to close. In addition to working with Bank of America, we negotiated on behalf of the seller on delinquent HOA dues with the HOA Board and were able to get the seller out of collections for these HOA dues. We were successful in getting short sale approval on both liens and an approved payoff for the delinquent HOA dues – all of this while we were able to keep the home from being foreclosed on.

If you live in Hayward or anywhere else in Alameda County or Contra Costa County, contact us at the East Bay Short Sale Group to help you successfully close your short sale. We offer free consultations and can help you determine the viability of a short sale and estimate the timeframe to close. Our team has extensive experience working with sellers and can close your short sale with no out of pocket costs to you! You can become our next success story, just like this Hayward short sale!

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