Holiday Shores, Miramar Beach FL - Short Sale Approved - Citi
By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
This Miramar Beach home at 897 Shore Drive was just approved for short sale by Citi and Green Tree. It was a beautiful home, so went under contract quickly (AND got a speedy approval). Senior Mortgage: CitiMortgage Balance: $285,000 appr Junior Mortgage: Green Tree Balance: $60,000 appr Current Market Value: $180,000 appr Days for Approval: 45 days total Seller Contribution: -0- Deficiency Judgment: none Notes: Citi speedily approved this short sale in about 30 days. After the seller provided all the standard documents, including tax returns, IRS 4506-T, hardship letter, bank statements and proof of income, the file was assigned to a specialist. Citi agreed to pay Green Tree $6000. Green Tree approved the file in a total of 45 days. Green Tree recovery department initially han...
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