Friday, June 18, 2010

Short Sale Approval Letters and What is a Short Sale?

SHORT SALE APPROVED !

We just got ANOTHER Short sale approved and its closing next week!! Chase was the bank and it only took 3 months.  This was an investment property for the seller, that he had to let go because it was loosing to much money. He was forgiven the debt and a copy of the letter is below.

We have helped many clients succesfully obtain short sale approval letters from their bank and not have to pay back the difference in what they owe.  See the letters below.

Short Sale - Selling your home for less than what you owe.  Be very careful when choosing a real estate agent to help you in your short sale. The whole purpose of the short sale is to get the bank to forgive your debt.  (the amount you would owe after selling your property for less than what you owe)   We have a law firm that negotiates our short sales and their whole goal is to make sure yo do not repay that debt. Check out some of the short sale letters below, where the law firm has negotiated on behalf of the sellers and they did not have to repay their debt.

If you or someone you know can't afford their payments or they do not want to live in there home anymore because its worth so much less than what they paid for.  Contact us today.  We can help guide you through this. Free consultation to see if you qualify and what a short sale is all about.


Short Sale Closing the end of June (Chase)





Short Sale Closing the end of June (Citi)





Short Sale Condo closed at the end of May (Bank of America)

page2



Short Sale Townhome closed at the end of March (EMC Mortgage)



Short Sale Single Family Home closed the end of April (PHH Mortgage)


Short Sale Condo closed the begining of March (Metlife Home Loans)





Thanks for reading our Foxfield Real Estate Blog!

Posted by: Nate Johnson - Foxfield Real Estate Agent 
The Johnson Team is apart of Keller Williams Realty,
specializing in Northern Virginia Real Estate.
703-725-2929




No comments:

Post a Comment