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prince william county short sales: Approved Short Sale? Be Careful What You Are Advertising. - 12/28/09 05:26 PM
As a Northern Virginia Short Sale Specialist, it is not uncommon for me to receive emails from short sale sellers that are looking into their options as they are forced to relocate or, more commonly, face an impending foreclosure.  When they are located in Virginia, where I am licensed, I am happy to talk to them about the possiblity of listing for short sale.
I also receive emails from disgruntled short sale sellers who feel their prior agents dropped the ball when it came to getting their particular short sale approved.  Today there was a different email in my inbox.  It … (11 comments)

prince william county short sales: Getting Your Bristow, VA Short Sale Offer Accepted by the Seller is Half the Battle - 12/27/09 12:35 PM
Getting your short sale offer accepted by the seller is half the battle in Bristow, Virginia.  With fewer and fewer homes on the market, short sales are becoming a very attractive option for buyers with limited search areas or limited budgets.  And unlike many markets throughout the country, Northern Virginia short sale listing agents are required by our MLS to mark a property as CONTIGENT/NO KICK OUT when their seller ratifies an offer.  And our Nothern Virginia rules and regulations also spell out that ONLY ONE OFFER WILL BE RATIFIED AND SUBMIITED TO THE BANK FOR APPROVAL.
This time last year, Bristow short … (8 comments)

prince william county short sales: Welcome to "Flopping"-The Latest Short Sale Flipping Game - 11/22/09 04:08 PM
This is an idea that has been pitched to many an area Realtor in Northern Virginia.  It's an "investment" scheme that could land you hot water with the FBI.  Can any one say, "FRAUD?" 

Via Cindy Jones-Northern Virginia Real Estate & Military Relocation Services (RE/MAX Allegiance #1 RE/MAX Company in the World):
The FBI, Fannie Mae and fraud experts agree, the new short sale flipping scheme popping up around the country is on the rise and will cost banks millions of dollars.
The premise is quite simple.  Make a low offer on a short sale and convince the bank that the offer is "market … (4 comments)

prince william county short sales: Bristow, VA Short Sale: Approved and SOLD!!! - 07/25/09 09:35 AM
Bristow, VA short sales do get approved by banks and go to settlement!  As a Bristow short sale agent, I work hard to ensure that they do.
This Bristow, VA short sale was located in the community of Sheffield Manor.  It got a full list price offer at $222,000, with the buyer requesting 4% ($8,880) in closing cost assistance.  We submitted the offer to the two banks holding the loans and started the process.  That was on March 18, 2009.
A little more than four months later, on July 24, 2009 this Bristow, VA short sale made it to settlement.  The … (6 comments)

prince william county short sales: Bristow, VA Short Sale: A Great Buy in Braemar - 07/18/09 11:38 AM
Bristow, VA short sales are among some of the best buying opportunities on the market.  If you aren't sure what a short sale is, you may want to follow the link and familiarize yourself with how this buying process is different.
This particular Bristow, VA short sale is located in Braemar.  Braemar is a large community of approximately 2,000 homes.  Homes range from townhouses, patio homes and varying sizes of single family homes.  This Canterbury model is one of the largest floor plans in the community.  It offers over 3200 finished square feet of living space on the first two floors alone.
(5 comments)

prince william county short sales: Bristow, VA Short Sale: An Outstanding Buy in Kingsbrooke! - 07/18/09 11:36 AM

Bristow, VA short sales continue to dominate the available inventory on the market.  If you aren't sure what a short sale is, you may want to follow the link and familiarize yourself with how this buying process is different.
This particular Bristow, VA short sale is located in Kingsbrooke.  Kingsbrooke is a large community of homes, ranging from townhouses, patio homes and varying sizes of single family homes.  And this Bristow, VA short sale offers a home that is 100% finished from head to toe.  Even the mechanical room is finished in the basement. 
Favorite features of this Bristow, VA short sale are the lot … (4 comments)

prince william county short sales: What is a Short Sale? - 07/18/09 11:34 AM
What is a Short Sale?  You've heard the term on news programs, seen it in ads for homes, and still wonder, "What is a short sale?"
A short sale occurs when a home seller owes more on their mortgage(s) than they will get for the sale of their home.  In other words, market value of the home is below what is due the mortgage holder.  The clues to determining whether or not a home is a short sale can be picked up in the phrases, "Subject to bank approval," or "Subject to third party approval," that you will see in the … (6 comments)

 
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Chris Ann Cleland, Associate Broker, Northern VA

Bristow, VA

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Long & Foster REALTORS®, Gainesville, VA

Address: 7526 Limestone Drive, Gainesville, VA, 20155

Office Phone: (703) 402-0037

Cell Phone: (703) 402-0037

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