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Pittsburg Short Sale Closed!

by Scott Fuller on November 9, 2011
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Pittsburg Short Sale

Closed Pittsburg Short Sale - 332 Whispering Oaks Ct.

Pittsburg short sale, just closed! Perched high atop the hills of Pittsburg, some of the best views around! Views of the Delta and area hills, end of cul-de-sac, secluded lot with no rear neighbor and only 1 side neighbor. Close to BART and Freeway. Granite kitchen, custom window coverings, more. This home had a lot of interest and went into contract within 30 days of listing on the market. The homeowners had bought at the peak of the housing market in 2006 and paid over $500,000. Now, in 2011, that price has dropped in nearly half and they were upside down on their home. The homeowners were in a position where they needed to move and contacted East Bay Short Sale Group to list their home and get it sold as a Pittsburg short sale.

The homeowners had 1 loan through Citimortgage and it was our job to list the home on the market, gather paperwork and document the homeowner’s hardship, and deal with the Citimortgage short sale negotiator (who are nearly always a pleasure to deal with). We provided all of the required paperwork, including the offer to purchase, the homeowner’s documents, and Citimortgage specific short sale paperwork to the negotiator. Within 30 days we had the Citimortgage approval for this Pittsburg short sale. Price was approved at $255,000 and we had 30 days to close escrow. We worked diligently to get it closed, and although the buyer’s lender was particularly slow and couldn’t close in 30 days, we were able to get a 10 day extenstion from Citi for the short sale approval. We successfully closed escrow on this property and the sellers and buyers are both elated!

If you live in Pittsburg or anywhere else in Contra Costa or Alameda 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 Pittsburg short sale!

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