Short Sales! Short Sales! Short Sales!

Our team is moving along really fast with our current short sales. If you recall by reading our blog, the first 30 days are really critical in hopes that we can get the approval letter in less than 90 days.

We have a Cenlar / Bayview / Fidelty & Trust / everyone owns this loan! short sale that we got the packet received, negotiator assigned and BPO done in less than 7 days!!  That is our fastest one yet.  We hope to have approval on this one in less than 60 days!

We have 3 short sales starting the begining of July and 3-4 starting in August. We should also have 3 more closed in July and we are working on 5 short sales right now.  We are also working with 2 couples who are able to buy a new bigger home and then short sale their current home. 

All of our short sales so far are being forgiven the deficiency and none of our sellers have been foreclosed on!

Short sales are tricky and you want the BEST representing you throughout this process. If you have any questions about short sales, please read our FAQ's section and then setup a time to chat with us on the phone. 

Short Sale Approval Letters


Check out some of our short sale letters below. We have successfully negotiated 19 of 19 short sales since last year! It is a very difficult and stressful time for these owners and once the process is all done, it is such a joy and relief for them to be done with it. It makes all the hard work and 3-5 months it takes to get them closed, worth it for us.


Short Sale Condo Sold -Chase
*Did not have to pay the bank back - Approval Letter Here

Short Sale Condo Sold -Citi Bank
*Did not have to pay the bank back - Approval Letter Here

Short Sale Townhome Sold -Wells Fargo
*Did not have to pay the bank back - Approval Letter Here

Short Sale Townhome Sold -Citi Bank
*Did not have to pay the bank back - Approval Letter Here

Short Sale Condo Sold - Bank of America
*Did not have to pay the bank back - Approval Letter Here

Short Sale Condo Sold -Chase
*Did not have to pay the bank back - Approval Letter Here


Short Sale Condo Sold -Chase
*Did not have to pay the bank back - Approval Letter Here


Short Sale Condo Sold -Bank of America
*Did not have to pay the bank back - Approval Letter Here

Short Sale Sold -Chase
*Did not have to pay the bank back - Approval Letter Here

Short Sale Sold -Citi
*Did not have to pay the bank back - Approval Letter Here

Short Sale Condo Sold -Bank of America
*Did not have to pay the bank back - Approval Letter Here

Short Sale Single Family Home Sold-PHH Mortgage
*Did not have to pay the bank back - Approval Letter Here

Short Sale Townhome Sold-EMC Mortgage Chase
*Did not have to pay the bank back - Approval Letter Here

Short Sale Condo Sold -Metlife Home Loans
*Did not have to pay the bank back - Approval Letter Here

Recent Short Sale Testimonial

Erik & Liana outgrew their townhome and wanted to buy a bigger home. They were able to buy a single family home and then short sale their townhome that was over 100k upside down.  They were very happy once the short sale finalized.



It's A Business Decision

In the last 2 months for Fairfax County and Arlington.  The banks have made 265 business decisions.  265 properties have been short sold. 

Why is this a business decision for them?

If the banks let these homes go to foreclosure and not accept the short sale, they will end up losing thousands of dollars more.  So a short sale is a business decision for them.

Why is this a business decision for you?

If you keep your property that is upside down, you will be wasting away your savings, not building equity, stuck in a home that you might not want to be in for the next 10-15 years and losing alot of money.  So you need to think like the banks and make a business decision. 

I had to ask myself before doing my short sale on my investment condo,  Can I keep losing 5k a year for the next 10 years & what do I need my credit score for in the next 18-24 months.  Done... time to short sale and start over.