Just Sold In Park Place - Another VHDA Short Sale In Alexandria VA
Alexandria VA Short Sales - When the inventory is low, Alexandria VA homebuyers should expand their search to include distressed properties such as short sales. These properties may take longer to close, but if the price is right, it may be worth the wait.
We've helped another homeowner with a VHDA loan avoid foreclosure. A financial hardship can come at any time, regardless of your loan type or your zip code. One of the biggest advantages of a short sale is that it provides you with written permission to sell your home for less than what it is worth and gives you the opportunity for a legal 'financial do-over'.
Our client at 2500 N. Van Dorn Street Unit 1214 was approved for a VHDA short sale, with no deficiency and no promissory note for any of the remaining balance of the loan, which is the best possible outcome. Not only is the bank agreeing to allow the home to be sold for less than the outstanding mortgage balance, but they are accepting the proceeds from the sale as payment in full.
This home was an Alexandria VA efficiency condo for sale and priced under $100,000 it was an attractive find for a first time home buyer or seasoned investor. Alexandria VA home values have increased, but there are still some homeowners who are underwater with their mortgage. If you need help short selling your Alexandria VA condo or home, please call Tamara Inzunza with RE/MAX Executives at 703-623-8759.
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Buying or Selling Real Estate in Alexandria VA? I specialize in new construction homes and short sales throughout Alexandria VA. Contact Tamara Inzunza, Associate Broker of RE/MAX Executives to list and sell your home, or purchase a new home. Proudly serving the beautiful Alexandria VA communities of Old Town Alexandria, Del Ray, Kingstowne, and Manchester Lakes.
Call me at 703-623-8759
Be sure to visit my website where you can Search MLS Listings of ALL Homes For Sale in Alexandria VA at www.MovingToNova.com/. If you're thinking about selling and would like to know how much your Alexandria VA home is worth, visit http://www.confidentialcma.com/ for a complimentary market analysis of your home.
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