Successful Wells Fargo Short Sale Closing - Dundee FL - Polk County
By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Successful Wells Fargo Short Sale Closing - Dundee FL - Polk County I am delighted to report another successful short sale closing that took place just a few days ago. The home is located in Dundee, FL which is located in Polk County close to major attraction and a short drive to Lakeland FL. The home was built in 2005 right around the housing boom. It is a 3 bedroom/2 bath home which has about 1,594 square feet of living space. They purchased the home in 2007 for $179,900. There was only one mortgage on the home with Wells Fargo - Mortgage Balance $163,200 The Hardship was unemployment to one borrower and curtailment of income to the other. They tried to do a loan modification which was denied, so their only alternative was to sell their home as a short sale to avoid foreclosure. I ...
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