Oakland short sale sold by East Bay Short Sales Group in May 2012! This short sale was a 24 year new condo in the Palm Manor gated community located in the Lake Merritt area of Oakland and was move-in ready. The owner of this short sale made several updates through the home – custom window coverings, wood floors, updated appliances, etc.
The owners of the Oakland short sale contacted us at East Bay Short Sale Group and wanted to know what their options were. After discussing their situation with our team of short sale specialists, it was clear the sellers had a true hardship. East Bay Short Sale Group listed this short sale on the market and secured an offer right away. The Sellers had two liens on the home. The first lien was with Citi Mortgage and the 2nd lien was with Chase Bank. East Bay Short Sale Group submitted the offer and all of the required documentation (hardship letter, bank statements, tax returns, back specific documents, etc.) to both lenders for the seller and handled all communications so the seller did not have to. Both lenders approved the short sale and we were able to close this short sale for the seller and the new buyer was thrilled with his new home! Happy, Happy!
Do you live in Oakland, or anywhere else in Contra Costa or Alameda County, and have questions you need answered regarding your property? If so, contact us at the East Bay Short Sale Group – we can answer your short sale questions for you and provide you with the information you need to make an informed decision. We offer free consultations and can help you determine the viability of a short sale and estimate the timeframe to close. It is our goal at East Bay Short Sale Group to help you successfully close your short sale. 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 Oakland short sale!