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Cedar Lakes Short Sale Approval Letters & What is a Short Short sale?

SHORT SALE APPROVED !


We just got 4 Short Sales approved !! and they are closing in February.  One of them is in Cedar Lakes.  A very nice 2 bedroom unit.  The bank was Citi and they forgave our seller over 90k and they did not have to pay it back ever!  Our other short sales that are closing is a 1bd Condo with Chase.  Seller is forgivin over 80k and doesn't have to pay it back. Our 3rd short sale closing is a Townhome with Wells Fargo and the seller was forgiven over 150k and doesn't have to pay any back. Our 4th short sale closing for February is a Townhome with Citi Bank and the seller was forgiven over 120k and did not have to pay any back. 

Read the approval letters below to get an idea of what you will get when your short sale gets approved.

Short Sale-

Selling Your Home For Less Than What You Owe. 

Once you sell your home, then you are obligated to pay back the difference to the bank.  This can be hundreds of thousands of dollars and be very unrealistic for a lot of sellers to pay back. 

We have helped many clients here in Northern Virginia succesfully obtain short sale approval letters from their bank and they do not have to pay back the difference in what they owe!!!

We have teamed up with a law firm that will be representing you in the whole short sale process and negotiating on your behalf.  The whole purpose in our short sales is to get the bank to forgive your debt. (the amount you would owe, after selling your property for less than what you paid) 

Have You Been Affected By One Of The Hardships Below? 
  • You lost your job
  • Your salary or hours have been reduced
  • Divorce
  • Forced to relocate for a new job
  • Your interest rate has adjusted or is about to
  • Investment property gone bad
  • House is to small for your family now

You did not create the housing market to crash, but just like thousands of homeowners like yourself, you are now not able to sell your home for what you bought it for.

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.

Short Sale Condo Closing the begining of February (Chase)
*Did not have to pay the bank back




Short Sale Condo Closing the begining of February (Citi Bank)
*Did not have to pay the bank back




Short Sale Townhome Closing the middle of February (Wells Fargo)
*Did not have to pay the bank back






Short Sale Townhome Closing the middle of February (Citi Bank)
*Did not have to pay the bank back





Short Sale Condo Closed the middle of December (Bank of America)
*Did not have to pay the bank back








Short Sale Condo Closed the middle of Novemeber (Chase)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page

3rd Approval Page

4th Approval Page


Short Sale Condo Closed the end of September (Chase)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page

3rd Approval Page

Short Sale Condo Closed the begining of September (Bank of America)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page

Short Sale Closed the end of June (Chase)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page



Short Sale Closed the end of June (Citi)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page



Short Sale Condo closed at the end of May (Bank of America)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page



Short Sale Townhome closed at the end of March (EMC Mortgage)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page



Short Sale Single Family Home closed the end of April (PHH Mortgage)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page


Short Sale Condo closed the begining of March (Metlife Home Loans)
*Did not have to pay the bank back
1st Approval Page





Thanks for reading our Penderbrook Real Estate Blog!
Posted by: Nate Johnson - Penderbrook Real Estate Agent
The Johnson Team is apart of Keller Williams Realty,
specializing in Northern Virginia Real Estate.
703-725-2929