In the World Of Northern Virginia Short Sales, Things Are Not Always As They Appear
As I sit at my desk crunching on dehydrated and salted vegetable chips, I'm wondering if I am getting the same benefit as I would eating a fresh vegetable. They look like carrot, radish and squash slices with a few string beans thrown in, but they are vegetable shaped air. Yet, somehow I feel like I'm making a healthier choice by snacking on them. I'm sure it's a tad bit healthier than potato chips.
Northern Virginia Short Sales can be deceiving creatures too. You can be a home owner with a financial hardship that seems like a slam dunk. The first trust can be on board and issue an approval letter that practically shines it's so favorable. But at the end of the day, if you are working with a second trust that doesn't negotiate, so much as attempt extortion, you'll be left wondering how you ended up in foreclosure.
Short Sales are not a guarantee for anyone, but if you are working with larger banks like Bank of America, Wells Fargo, Citibank, HSBC, Chase and so on...your chances of getting what you expect increase. If you tell your Short Sale Agent who your lenders are, particularly your second trust lender, and they say, "Who?"...you may be in for a surprise. Financial hardship means nothing to some of the no-name smaller banks.
If you want to know what you may be facing by selling in a Short Sale in Northern Virginia, give me a call. As a Northern Virginia Short Sale Agent, I've been on the ride so many times I'm immune to the dizziness, nerves or associated churning stomach. Now speaking of stomach...I think it's time for some food that I can feel hit my stomach. These veggie chips aren't cutting it.
Chris Ann Cleland, Associate Broker, Licensed in Virginia, Long & Foster REALTORS®