50 Cedar Crest Place, a single family short sale in Norwalk, just sold for $180,000.
This another short sale successfully completed by Milligan Realty.com in which we helped the seller (who was facing foreclosure) get out from under their mortgage and walk away from the home. Just like every other short sale, the seller owed more on the mortgage than the house was worth. That situation was made worse when the house experienced water damage from a burst pipe causing the market value of the house to drop even further.
Here are the public remarks and agent remarks from the listing:
3 BR RANCH ON LOW-TRAFFIC STREET – EAT-IN KITCHEN WITH GRANITE COUNTERS – LIVING ROOM WITH FIREPLACE AND BONUS FAMILY ROOM – 1 CAR GARAGE – LARGE PRIVATE BACKYARD – PARTIALLY FINISHED BASEMENT WITH 2ND BATH – POSSIBLE SHORT SALE – AGENTS SEE ADDENDUM. WATER DAMAGE, MOLD IN BASMENT, AGENT MAKES NO REPRESENTATION TO LEGALITY OF FINISHED BASEMENT – ** WILL NOT QUALIFY FOR CONVENTIONAL FINANCING **
Click here to see the listing for this property and more pictures: CLICK HERE
Questions about this property or other short sale properties in and around Norwalk? Looking for more information about short sales in Norwalk? Email Todd at todd@milliganrealty.com
Milligan Realty.com helps sellers complete short sales in all towns in Fairfield County.
