Several homeowners in the area have entrusted Erick and Company of Woodbridge Virginia to help them sell their homes by Short Sale. Here is an update on "How The Short Sale Process works for real people who need to sell and who have a legitimate hardship!"

Currently We Have Three Listings Under Contract:

Under Contract: Bombay Ct, Lake Ridge Virginia. Listed for $239,900  Multiple Bids In 5 Days Owner and offer accepted by owner as well as back up offer in place is for way more than List Price! 

12/9/09 Package was submitted to SunTrust Bank

12/15/09 I'm sorry can you back after the New Year, right now were a bit overwhelmed

01/09/09 Package has been assigned to a processor -this is the person who dots all the I's and T's.

Note:BPO was just completed because a person left a note on the door, took photo's etc. This is a good sign

Next Step: SunTrust will require updated information from the seller, and go through a checklist of questions they have to get the package ready for approval by investors.

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Under Contract- 11289 Edgemoor Ct,Woodbridge VA 22192. Erick and Company listed this home at the end of August. Under Contract within one week of listing. This is a one loan short sale with Midfirst Bank out of Oklahoma. The owner used his VA Loan to purchase the home.

It took 98 Days to get this Short Sale Approved. However the first buyer walked away right before we got approval. Erick and Company had a second Realtor who had a buyer in the back-up position. This is why it is worth being the back-up buyer on the home you really want.

1/9/09-Pending Settlement by 1/15/09

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Under Contract- 14928 Amaranth Ct, Woodbridge VA 22192, Home Is Under Contract for more than List Price.

With a Back Up offer is in place already!

This home is located in Winding Creek Subdivision Owners have two loans one with Bank of America and the other with Wells Fargo. Home went under contract within a week of listing. We have submitted the short sale package to the Banks. We are pending having a Loss Specialist Assigned to the file.

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So it you are worried that your home might not sell by Short Sale quess again! Not only can we get it sold by short sale chances are your credit will be less damage and you will avoid a foreclosure. To learn more about what we do, who can sell by short sale, and how the process works visit us at ErickSellsHomes 

 Bottom Line...if you need help just call me. Let's see what options you have. Maybe you won't have to sell, however you won't know that until you talk with someone. Here's what I do know. Doing nothing is not an option.     

         Curious What Your Home Is Worth?  Call me 703-851-3085 or or contact me by email .

Erick and Company services Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Manassas Park, Haymarket,Montclair, Dumfries, Occoquan, Dale City, Gainesville, Aquia Harbor, Garrisonville and Triangle area's . Note: if you need help selling your home by short sale we can help.