Destin Florida Short Sale Approved

BB&T Corporation has approved a short sale listing  for sale in the  Destin Florida market. Comparatively speaking.  BB&T was incredibly easy to work with  Details:

Hardship:  Loss of income, medical bills

Property: Home built in 2004, 1900 square feet

Lender:  BB&T – 80-20 First and second

Mortgage Balance:   $370,000

Offer:  $175,000 (fair market value)

Seller Contribution:  $20,000 promissory note

Debt Forgiven:  $175,000

Approval Time:  35 days from fax to finish

 

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