September 11th, 2006
Larchmont Dr, North Highlands CA
6500 Larchmont Dr, North Highlands, CA 95660
3br/2ba/1car, 1,136 sf; 0.19 acre lot, built 1956
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Description: Vacant. Still needs 10-25K in repairs - carpet, windows, bathtub and shower, appliances, landscaping. First-time buyer property. OK area.
Loans:
Balance: $330,000 combined 1st and 2nd principal, 80/20 loans
Payment: $2,288/mo combined PITI
Interest rates: 7.5%, 11.9% APR
Status
29-Sep-06: Still listed with a short-sale specializing agent. Send your offers to her through your own agent or directly. You can get her # on the MLS or drive by the house. My agent will present your offer to the bank along with my hard-ship package. We have a couple of offers already submitted and waiting for the bank approval.
05-Jan-07: 1st lender agrees to short sale as long as I sign a 50,000 promissory note to make up the difference.
25-Jan-07: The buyers backed out and now we’re back on the market waiting for another offer.
26-Feb-07: Foreclosed