short sale: Listing a short sale while purchasing another home - 12/15/10 04:17 AM
Hopefully, my friends on the Active Rain site can help me with this question.  I have buyers that have just contracted on a new home to be built here in Virginia. Home to be completed in April.  Buyer's own a home in Florida in which they are very upside down on but have had the house rented for the past two years and the lease ends next June. The buyers are very credit worthy.  Here is the issue.  The buyers are considering a short sale for their Florida home AFTER the settlement on the Virginia house.  If the Florida property is put on the … (1 comments)

short sale: Short Sales and the Second Lien Holder - 02/25/10 11:59 AM
I was the buyer's agent on a short sale that went to settlement, yesteday, February 24th.  Overall the transaction went very well.  The listing agent negotiated the short sale, kept me updated weekly and the entire deal from contract to settlement took a little over three months.  Not bad for a Short Sale.  However, the second lender gave us three weeks from approval to settlement while the first lien holder gave us five weeks.  We could have gotten it done in the three week time frame had we not been inundated with snow.  As most know, when the Washington DC area … (4 comments)

 
Micki Lyons (Century 21 New Millennium)

Micki Lyons

Centreville, VA

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Century 21 New Millennium

Address: 4315 Walney Rd., Suite B, Chantilly, VA, 20151

Office: (703) 502-3872

Mobile: (703) 966-8515

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