approved short sale: " Hallelujah! Your Friendly Realtor in Lake Ridge Virginia Has Good News To Share With Some Very Patient Buyers and a Fantastic Seller.
- 11/16/11 09:54 PM
12990 Pondwater Ct, Lake Ridge Virginia Went Under Contract In Less Than Twenty Days... That was the headline on my LakeRidgeVARealEstateNews Blog on May 6th, 2011. Today is 11/16/2011. It has taken seven months to get short sale approval on the first and second trust! I have both letters in hand! The sellers entrusted Erick and Company to list the home for short sale on Pondwater Ct in Westridge Subdivision.Even before the listing went live on the market, we began creating the sellers marketing campaign.We concentrated on the unique features of this home. The peaceful wooded lot, the privacy and the KOI Ponds and waterfall. … (5 comments)
House #1: This is a home they bid on, and they lost. The buyers wanted most of their closing costs paid for and another buyer did not. The buyer that won this bid offered at least $10,000 more than list and did not ask for any closing costs.
Lesson #1: put your best foot forward when making an offer on a Foreclosed Home. … (5 comments)
approved short sale: Can A Relative Buy My House If I List It For Sale By Short Sale?
- 01/08/11 12:26 AM
Just yesterday I was assisting another local homeowner with all the necessary paperwork involved in obtaining short sale approval from their bank. One of the most important forms that must be signed by all parties to the contract is the "Arms Length Transaction" form. I am re-blogging another Realtors post on this subject. Read Terrylynn Fishers post on this topic. This is very important information that all short sale sellers need to know about. Via Terrylynn Fisher, Realtor EcoBroker, CRS, CEP Realtor, Etc. (Empire Realty - BuyStageSell.com):
Question: I want to know if I can short sale my home and have … (4 comments)
approved short sale: Success Story About A Short Sale Seller Who Purchased Another Home In Six Months
- 12/19/10 01:26 AM
So many people are under the impression that a homeowner who sells their home by short sale must wait years to purchase again. That statement is not always true. In fact on Friday, I assisted a purchaser settle on a gorgeous five year old townhouse with a two car garage, granite counters in the Belmont Bay Community in Woodbridge Virginia. The townhouse was totally remodeled and in perfect move-in condition. Why is that unique? Those purchasers had sold their single family home by short sale in Dumfries, Virginia less than six months ago! Yes, you read that correctly! So now you are asking "How?" Simple...compromise According to … (38 comments)
approved short sale: This Weeks Callers Said "Searching For Homes On The Internet Is Tedious At Best..."
- 06/01/10 02:37 AM
Over the holiday weekend I took several calls from home buyers searching online for homes. The down time gave them a little extra time to search. I can still hear the frustration of the one caller who the entire process was tedious at best and as soon as they find something they liked, when the called it was already Under Contract. I totally understood. "Don't you just hate when that happens? Just when you can see yourself in a home, and you are all excitied about the possibilities, you call the number your told, I'm sorry that home is already sold. But we have others!" Go … (8 comments)
approved short sale: Having To Sell By Short Sale Through The Eyes Of A Young Person....
- 05/28/10 11:35 AM
"I found this little expression drawn on the back of a bedroom door in a Vacant Short Sale....." This little expression made me pause. It made me think back to a blog post I read and saved last year on Neil Garfields LivingLies Weblog titled Children Of The Financial Holocaust. It appears, Neil gets it! Selling by Short Sale is hard on everyone especially the youngest victims. If you need help, you're falling behind, don't know what to do....just pick up the phone and call me. I can't promise I can change your situation, however I can assit you in deciding what your options are. There are … (2 comments)
Are you trying to figure out if you can qualify for the Federal Short-Sale Program. You're not alone. Above is a video produced by the National Association Of Realtors that really goes into the details of how the program work, who might qualify and other details. It is about fifteen minutes long, however if you need to sell by short sale. This is a video you should watch. Do you have about selling by short sale? Let's talk, and discuss all of your options. You Can Reach me direct at 703-851-3085 or contact me by email . Contact Peggy James or Erick … (1 comments)
This home is falling out of contract. It is a short sale where the bank has approved the terms of the short sale, however the Buyers under contract have asked to be released since they cannot afford what the sellers bank wants for the home. So oppourtunity is knocking...can you hear it? If you have a pre-approval for $335,000 you may be the lucky buyer to get this home. The bank has agreed to pay three percent of your closing costs for a full price offer! The home is being sold "As Is" because it is a distress short … (1 comments)
approved short sale: Do You Know How To Find The Newest Foreclosures,Approved Short Sales and Homes That Can Settle Quickly?
- 02/19/10 06:21 AM
Well if you are searching for home in the Prince William County Virginia area then the process is EASY! Erick Blackwelder and I work on a family real estate team and we believe in giving consumers what they need and want. We know that many home buyers have grown tired and frustrated with the process of buying a home. This is our way of helping you save time, and pin point exactly what you are looking for. Our goal is to make the process of buying a home fun and easy! We Scrub the MLS Database daily and publish the LISTS you are looking for: This Week's Bank … (0 comments)
approved short sale: Did You Know Some Short Sale Home Can Be Easier To Get Than Others?
- 02/01/10 02:20 AM
Well I sent listings to our working clients daily. They all know that I will hard for them to help them find their dream home. With the pace of the current market you need a Realtor who is proactive and who works full time helping your find your dream home.I take great pride in knowing the current market conditions as well as what the current inventory has to offer. Right now we are beginning to see more and more Approved Short Sale listings in and around the Woodbridge, Lake Ridge, Manaassas and Dumfries area's. At Erick and Company we scrub the Multiple Listing Service for Approved Short … (0 comments)
approved short sale: Why Wait For A Short Sale When There Are 37 Approved Short Sales In Prince William County VA Right Now!
- 01/21/10 09:38 AM
That's right! I just scrubbed the MLS Database to see if there were any Approved Short Sales for one of my clients. I was surprised to see there are actually 37 Approved Short Sales waiting for new owners. What is an Approved Short Sale? An approved short sale is exactly what it sounds like. The list price and terms have already been approved by the homeowners bank. The Listing Agent has the terms in writing and so does the Title Company. No One Is Going To Make You Jump Through Hoops! Typically, there is no negotiating on these types of … (2 comments)
approved short sale: The Caller Asked: We Have A VA Loan On Our House...Can We Sell By Short Sale?
- 01/14/10 04:52 AM
It was back in September that I got a call. The caller said " Peggy, I was reading that you help people who might need to sell by short sale in the Woodbridge VA area.We live in Lake Ridge and my husband is returning from Iraq . He has accepted a job in another state. Can you sell our home?" " I asked..."Do you have orders?" She said "No he is not active duty. Is there help for veterans? Are there any programs that we fit into to short sell our home? The only job offer he got is in another state. He … (8 comments)
approved short sale: Erick and Company Helps Another Woodbridge Virignia Homeowner Get Short Sale Approved!
- 12/23/09 09:26 AM
We have great news for one of our local Woodbridge Virginia homeowners who entrusted Erick and Company to sell their home by Short Sale. We received Short Sale Approval from Midfirst Mortgage this week! Back in September, a Lake Ridge Virginia homeowner called, they were in distress, they had transfer orders to Illinois. The unfortuate part was they could not sell the home for what they owed on the mortgae and fair market rental prices in the area were nine hundred dollars shy of their current monthly mortgage payment. The best we could do is offer to assist them with a Short Sale. Selling … (2 comments)
The Wonderful Four Bedroom Home Is Ready For Delivery! The Builder is Offering $10,000 towards closing costs!
4 bedrooms, 4.5 baths, 4,000 square feet,Gourmet Kitchen with large island. Hardwood flooring throughout main level. Crown moulding. Gas Fireplace in family room with granite surround. 9 foot ceilings on all three levels. Granite Kitchen Countertops. 42" Birch Cabinets in kitchen. Stainless Steel Appliances. Oak Main Staircase. Upgraded tile in all baths. Volume Ceiling in Master Bedroom. Ceiling Fan pre-wires. Finished Recreation Room, Den and Full Bath. What are you waiting … (0 comments)
In the last article, we discussed the basis upon which lenders will seek a deficiency balance and how to predict it.
The question then comes to the issue of when a promissory note will be required as a condition of approval of the short sale. Since the debtor owes the entire deficiency, a promissory note with no interest and easy terms … (2 comments)
approved short sale: Approved Short Sales In Prince William County Virginia- Do You Know How To Find Them?
- 10/15/09 10:07 AM
Short Sales on the whole are painful. There is nothing short about them. You would think that banks would have systems in place by now, to streamline the process. NOT YET! Distressed Sellers, Anxious Buyers and Realtors across America are still waiting for that day to come. Maybe in 2010!" In 2008 and 2009 Short Sales have become the norm around Prince William County Virginia, they are everywhere. That's because homeowners who are transferred, or who have lost a job or a spouse or simply the mortgage payment went through the roof cannot sell, cannot refinance and are left with short sale as … (0 comments)
Peggy James has been awarded as a Top Local Real Estate Blogger by Active Rain for the Lake Ridge Virginia and surrounding area.Peggy services the area's Lorton, Woodbridge, Lake Ridge, Dumfries and Manassas down to Fredericksburg Virginia.
12990 Pondwater Ct, Lake Ridge Virginia Went Under Contract In Less Than Twenty Days... That was the headline on my LakeRidgeVARealEstateNews Blog on May 6th, 2011. Today is 11/16/2011. It has taken seven months to get short sale approval on the first and second trust! I have both letters in hand! The sellers entrusted Erick and Company to list the home for short sale on Pondwater Ct in Westridge Subdivision.Even before the listing went live on the market, we began creating the sellers marketing campaign.We concentrated on the unique features of this home. The peaceful wooded lot, the privacy and the KOI Ponds and waterfall. … (5 comments)
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