Here is my latest short sale in Rancho Cordova’s Anatolia neighborhood. 11776 Brook Valley Way is a Wells Fargo short sale with fantastic curb appeal, 5 bedrooms, 3 baths, and almost 2,300 square feet. It has a bedroom and full bathroom downstairs, an upstairs balcony, tile floors, stainless appliances, and more. Priced at $230,000.
OPEN HOUSE TOMORROW, 12/16/12 FROM 2-3PM. FREE STARBUCKS CARDS FOR THE FIRST 10 PEOPLE IN THE DOOR.
Short sales are very different from traditional equity sales because the bank is involved with the negotiations and must give their approval in order to sell the home for less than what is owed. Wells Fargo is one of my favorite short sale lenders to work with because, as one of the largest institutions, they are very systematic with their short sale approvals. I’ve closed over 100 short sales and REOs with Wells Fargo and understand what they want and need in order to approve a short sale.
Anatolia was built at the peek of the real estate market from 2004-2006. Real estate values promptly fell in 2006 on and every owner lost significant value and equity in their home. For that reason, many Anatolia home owners have had to face the tough questions: Stay and try to hold on to a home where the loan is more than the value, or short sale and try to minimize any more loss? It’s a very personal decision and based on a lot of factors like job and income expectations, health, age, and other hardships.
I’m here to answer any short sale questions you may have or you can see if you qualify to sell your Anatolia home as a short sale.
Wells Fargo Short Sale in Anatolia – 11776 Brook Valley Way