Another Northern Virginia Short Sale--SOLD!

It's always a good day when a Northern Virginia Short Sale Agent can proudly proclaim one of their Short Sale listings is officially SOLD.   This Northern Virginia Short Sale hit the market on March 23, 2011 priced at $735,000.  The neighborhood of Faircrest in Centreville being in such high demand, we had the winning offer before six hours on the market had passed.

This particular Northern Virginia Short Sale was a Wells Fargo Short Sale and had two loans with that bank.  I've never found Wells Fargo "double headers" to be a problem, so I wasn't surprised when had our First Trust Approval letter by May 3rd.  That approval came with a contract change that affected the Buyers.  Their requested closing costs of $22,050 was countered to $14,700.  The Buyers agreed.  The Second Trust Approval came thirteen days later on May 16th. 

Naturally, the Buyers needed some time to get their inspections done, appraisal and loan underwriting completed.  So settlement was scheduled for June 24th and went off without a hitch.  The Seller avoided foreclosure and the Buyers got a great home in great condition.  Final sales price was $735,000.  And as a side note---that $735,000 sales price is the highest the neighborhood has seen since August 2008.  If you think Northern Virginia Short Sales are dragging the market prices down THINK AGAIN! 

If you or someone you know is considering a Short Sale of their Northern Virginia home, I'd be happy to help!  As a Northern Virginia Short Sale Agent since 2007, I have the knowledge and experience to get the deal done.

Chris Ann Cleland, Associate Broker-Licensed in Virginia, Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com, www.NVARealEstate.net

 

Chris Ann Cleland, Associate Broker- Licensed in Virginia, GRI, SFR, Northern Virginia Short Sale Specialist. Affiliated with Long & Foster, 7526 Limestone Drive, Gainesville, VA 20155.  To contact Chris Ann, call 703-402-0037 or email chrisann@LNF.com.  Or you can visit her website:  www.nvarealestate.net.

Header photos taken by Chris Ann Cleland.

The opinions expressed in this post are those of Chris Ann Cleland, not those of Long & Foster REALTORS®.

 
This post has been included in Virginia Real Estate News Fairfax County, VA Real Estate News Centreville, VA Real Estate News Faircrest (Centreville, VA) Real Estate News
Post is included in group: ActiveRain Rockstars
Post is included in group: BananaTude
Post is included in group: Bartender, Make it a Double
Post is included in group: Short Sale REALTORS®
Post is included in group: Short Sales Specialists

13 Comments on Another Northern Virginia Short Sale--SOLD!

JUN
24
2011
958,509 Points 53 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Chris Ann --- Congratulations on getting this beautiful home to closing!    Short sales are so tough, and takes a lot of perseverance and shows YOU are the expert!  
5:34pm • #1
224,537 Points 4 Featured Posts Localism Sponsor Outside Blog

Hi Chris Ann:  Great news for you and your market.  Congratulations on making the deal and keeping it together.
5:43pm • #2
297,040 Points 10 Featured Posts Outside Blog

Hi Chris....Excellent. Way to close another Short Sale in Northern Virginia! You are definitely the trusted Realtor in your neck of the woods!
6:06pm • #3
654,258 Points 49 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Hi Chris Ann, Congrats once again for getting another Northern Virginia short sale home sold! You go girl! Any short sale homeowner will be lucky to have you take care of them!
6:06pm • #4
1,520,789 Points 112 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Joan:  They are less tough when you've got the experience and know what to expect.

Kirsten:  I know the neighborhood will be happy to see this Sales Price.

Lynn:  Coming from a fellow Short Sale Agent, that's a great compliment.

Jackie:  Thanks for the endorsement. 
7:10pm • #5
387,333 Points 30 Featured Posts Outside Blog Hit Router Called Shot Master

This proves my theory that GOOD (make that EXCELLENT) short sale agents are better agents, all around.  They have to know their market WAY better than a "regular" agent because pricing is so critical and they have to have superior negotiation skills!  Kudos to you for the great sale!
9:06pm • #6
JUN
25
2011
591,082 Points 58 Featured Posts Outside Blog Called Shot Master

Congrats, Chris Ann --- it's a nice fact when a short sale can be a great comparable sold for the neighborhood.   Mission Accomplished!
1:39am • #7
1,520,789 Points 112 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Susan:  Thanks.  Knowing the Short Sale process means not having to underprice listings to get them sold.

Michael:  Most of mine are.  I haven't seen a bank yet, at least in our market, that will take much less than market value on one.
8:46am • #8
990,200 Points 50 Featured Posts Outside Blog Called Shot Master

Chris Ann - Congrats on selling another great short sale in Northern Virginia!
11:01am • #9
986,025 Points 106 Featured Posts Localism Sponsor Outside Blog

This is awesome turnaround time, Chris Ann. I wish I could get Wells Fargo to act that quickly in California. My short sales with Wells Fargo are a mish mash. Some negotiators use that confidential email system, which I despise because I am constantly entering my password wrong, LOL. And others are in Equator. We aren't as together on our WF short sales here as you are there. But congratulations on your closing. Just goes to show if you hire the right short sale agent in northern Virginia, your short sale will get priced properly, negotiated smoothly and closed in record time.
12:01pm • #10
1,520,789 Points 112 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Michelle:  Thanks. 

Elizabeth:  I think your Bank of America experiences are like my Wells Fargo experiences.  And I despise the secure email too.  Nothing's worse than having to log into an email that simply says, "Got it.  Thanks,"  or, "Have a great day."  When you are sending mail through secure email, don't get into a last word competition.  Ugh!
12:33pm • #11
SEP
13
2011
117,447 Points Called Shot Master

Congratulations on getting another short sale to the closing table.  It's no surprise to me that you would be able to market a short sale to get the highest price in Faircrest.
2:24pm • #12
1,520,789 Points 112 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Anne:  Thanks.  This one proves that all Short Sales are the worst condition.  This was an outstanding house and the price reflected that.
4:53pm • #13


What does the graphic say?
Leave a response…

(optional)
Spam Prevention:
 
Chris_2841_copy Ambassador_large

Chris Ann Cleland, Associate Broker, Northern VA

Bristow, VA

More about me…

Long & Foster REALTORS®, Gainesville, VA

Address: 7526 Limestone Drive, Gainesville, VA, 20155

Office Phone: (703) 402-0037

Cell Phone: (703) 402-0037

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog

Find VA real estate agents and Bristow real estate on ActiveRain.