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We just closed on my 2133 Leadville property in Boise, Idaho. I couldn't have been more happy with the outcome. The sellers came in asking us for help and in 64 days from contract to close we were able to successfully get them released without a deficiency on this short sale.
The cherry on top was the lender gave the sellers nearly $1000.00 dollars for completing the short sale. We were able to close this short sale before any notice of default was ever filed and the quick close helped to minimize any damage to the sellers credit.
I owe a big thank you to my sellers for being so responsive throughout the process, the buyers for being so patient, and to the lender for making this one work.
Short sales in Idaho are effective. And in this case it's a win-win for everyone involved. You could just see the relief in my sellers faces when we walked out of closing.
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