Wednesday, December 28, 2011

The short sale on Verdugo in Burbank has closed, and my nightmare is over.

Well, okay, 2012 W. Verdugo in Burbank wasn't really a nightmare, it was just a typical short sale.  Took way too long, involved a bitter divorce, a seller that wouldn't commit to moving, a loan that was sold at the last minute, etc. etc.  Kudos to our buyer, George, for hanging in for six months.  Thanks to everybody who expressed interest in the house.

2 comments:

  1. Yes it is right that the burbank wasn,t really a nightmare,it was just a typical short sale.

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  2. A real estate short sale situation may be right when a homeowner is in foreclosure and the loan amount is close to the value of the home. The seller cannot sell the house with an agent because the fees involved exceed any moneys received from the sale. What can you do?

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