Another Dracut MA Short Sale Successfully Closed

My short sale team successfully closed another Dracut MA short sale. 183 Long Pond Road, Dracut Massachusetts was listed October 28th 2009 subject to short sale approval from a first and second lien holder, with MI (mortgage insurance) on the second. Both the first and second lien were held by Citibank.

The first buyer backed away due to home inspection issues and then we had to do some negotiating with the bank on the final price due to the condition of the home, but we eventually came to terms.

We have a happy short sale seller as they have no threat of a defeciency judgement hanging over thier head.

Final Sale Price $210,000

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