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Danville Short Sale Closed – Alamo Creek Community

by Scott Fuller on November 21, 2011

danville short sale - alamo creek

Another Danville short sale success! East Bay Short Sale Group is proud to announce we have closed 3461 Cashmere St. in Danville. This home, located in Alamo Creek off of Camino Tassajara is an extravagant 3,944sq ft, 4bd, 3.5 bath beauty. Built in 2006, this home was built with over $100,000 in upgrades by the builder, Shapell. Highlights include large gourmet kitchen with granite counters and stainless steel appliances, hardwood floors, outdoor sitting area with built-in fireplace, and much more. Conveniently located near Blackhawk Plaza, the Blackhawk Auto Museum, and near new schools, parks, etc.

The seller of this Danville short sale had 2 loans on the property, a 1st with Wells Fargo and a 2nd with PNC (previously National City). Seller owed nearly $1,400,000 on the home as they purchased at the height of the market in 2006. They 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 Wells Fargo and PNC short sale departments. PNC is known for being difficult to negotiate with, and of the $180,000 that was owed on the 2nd loan, they wanted to collect $95,000 from the seller in order to give a short sale approval. Of course the seller was not in a position to come out of pocket like this so it was time for us to get very creative. Market value for the home is nearly $1,000,000, but we were able to get Wells Fargo short sale deparment to accept $875,000 purchase price, and have the buyer pay the 2nd lien holder $60,000 cash. We got PNC 2nd to accept the $70,000 ($60,000 from the buyer and $10,000 from Wells proceeds). So the buyer was out of pocket $935,000 on this purchase. They bought a Danville short sale for well under market value, and we were to get the seller out of the home with no money out of pocket and no promissory notes or deficiency judgments. Both buyer and seller were elated, and the lenders got what they wanted out of the deal. All of this while we were able to keep the home from being foreclosed on.

If you live in Danville 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 Danville short sale!

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Beautiful Townhome in Desireable Danville, Near Blackhawk

A Danville Short Sale, located in the desirable community of Meridian near Blackhawk, East Bay Short Sale Group is proud to present this beautiful townhome near shopping, dining and theaters. Townhome is located off of Camino Tassajara and Liverpool, just a couple blocks from Blackhawk Plaza and Blackhawk Auto Museum. Fantastic location near top restaurants, shopping, pet services, exercise faciliites, and much more!
This Danville short sale is 2 bedroom, 2.5 bath, and is 1,461 square feet. It has many recent updates including upgraded wood floors, granite mantle, dual pane windows, designer wood blinds, newer appliances and light fixtures, tile in bathrooms and newer carpet upstairs. Attached 2 car garage and plenty of common area located within the community. The HOA dues cover common area maintenance and HOA insurance policy. Home is occupied by owner but is available for viewing throughout the week.
This townhome is priced perfectly for the first-time homebuyer, move-down buyer, or investor and will suit your needs perfectly! If you would like to schedule a showing of this home, please call us at (925)567-6720 for an appointment. Or if you already have an agent you are working with, ask them to contact the owner for showing access. We will also be holding this townhome open this Sunday, 11/6 from 1pm-4pm. This townhome is sure to go quickly so contact East Bay Short Sale Group for more information on this Danville short sale!

OverviewMaps

Photos

Description 

$389,000
Townhouse
Main Features
2 Bedrooms
2 Bathrooms
1 Partial Bathroom
1 Unit
Interior: 1,461 sqft
Lot: 2,110 sqft
Location
419 Sutton Circle
Danville, CA 94506
USA

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The Fuller Group, Realtors Serving the East Bay  The Fuller Group, Realtors Serving the East Bay

Keller Williams Realty
(925) 567-6720
scott@thefullergroup.net
http://www.danville-real-estate.com 

 

Listed by: Keller Williams Realty 

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