Blogging today is a blank !

Have you ever thought what the heck am I going to blog about. I mean afterall everything I have to say is what we all know already. Bail outs, meltdowns, seller screaming , some days I just can't take it. I love what I do and when it goes smooth it goes smooth !!!!

 

Oh yes I know I can blog about myshort sale experiance. I have to say it was smooth as butter !!!!! Yes I mean really it did.

I listed a home in Aragona, Brick ranch with 3 beds no AC and in as is condition. I put a price of 175k on it. This was a VHDA shortsale and it was my first one. with all the short sales you would think there would be more knowledege out there.  I spent hours and hours reading blogs and more blogs trying to make sure I get all the loose ends wrapped up. I asked my clients for complete access to the lender I think this was the 1st and best step I could have asked for.

VHDA set an apprasial and the value came in at 170 as it. I lowered the price and with in 2 weeks we got 2 offers both at around 154 one asked for money the other did not. VHDA was very prompt in replying. I was given instructions to the listing the offer and process. It was that simple ! The buyer did there inspections we removed the contigency and closed. It was amazing !!! As a listing agent I expected a night mare I figured the worst, it was such a surprise. The buyer was hapy the seller was happy and both agents were happy.

Now Im off to figure out how to do a shortsale with countrywide, Ocwen, and Citibank. I dont think it is going to be as easy.

 

Im one happy gal tonight just picked up the closing check and delivered it to the office 

Bzibee MediaAlison Creamer Bzibee           Alison Creamer, Realtor, ABR, CDPE

REMAX First 757.217.0928

5511 Princess Ann Rd Virginia Beach Va , 23463

Direct 757.652.8880 

Licensed to sell Real Estate in Virginia 

 

 

 
This post has been included in Virginia Information

2 Comments on VHDA short sale experiance

NOV
25

Hi Allison,

I'm submitting a short sale offer today to VHDA and was wondering if they paid you 3%? I was told they pay 5% so figured I would check with you first before submitting the HUD1.

 

Thanks!

Jason

Jason
5:06pm • #1
NOV
27

Jason, 

 I can tell you VHDA was very far and easy to work with . Each case if different so I would suggest doing what ever you think is a correct and fair amount. I can tell you there are different backers for VHDA loans. At the time I submitted my offer it was paid in full and not negotiated down.

 

4:04pm • #2

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Alison Creamer, Realtor, ABR, CDPE Virginia Beach , Virginia

Virginia Beach, VA

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RE/Max First

Address: 5511 Princess Ann Rd , Suite 101, Virginia Beach , Va, 23456

Office Phone: (757) 217-0927

Cell Phone: (757) 652-8880

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