Black Mountain Log Cabin Vacation Home

This home was a vacation rental cabin about 30 minutes from Asheville, North Carolina.  In other words, it was a second-home investment property.  The lender was Asheville Savings Bank (a community bank), and there was one mortgage.  This short sale was successfully negotiated within only a few weeks, with the seller receiving a full satisfaction of the debt. 

The new owners continue to use the home as a vacation rental.  More information is available here.

 

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