What you need to know about a Short Sale | Lorton, VA Short Sales

By
Real Estate Agent with Greetings Virginia - Keller Williams Realty

What you need to know about a Short Sale | Lorton, VA Short Sales

A short sale in Lorton, VA is a real estate deal in which the sales price is inadequate to pay the debt(s) and responsibilities encumbering the residence along with the costs of selling, and the seller is incapable to pay the distinction.

Every short sale will depend on the vendor's lender(s) accepting the deal and accepting to launch the bank's security attention in return for less than what is due. In some cases however, the bank's acceptance of a short sale does not actually mean the lending company reduces the seller of responsibility for pay back of the entire financial debt.

It is probable the seller can offer the home and still owe the overdue distinction, plus interest and charges, to the lending company. The loan provider may then search for a lack of verdict against the seller for this distinction.

A short sale is a very complicated deal that includes several problems as well as legal and financial threats. All suppliers are recommended to consult an attorney and tax professional before continuing with a short sale.

The role of our Short Sale Team in Lorton, VA is to guide you through the selling of your home and the bank negotiations process, taking the time to make sure you fully grasp every step of the deal. We are definitely dedicated to satisfying your needs with the highest level of professionalism, expertise and service. Stop foreclosure in Lorton, VA!

 

 

Posted by

About the author:

Dan Rochon is Operating Principal of Keller Williams Realty, Alexandria - Kingstowne, VA and Team Leader with Traci of

Dan and Traci & Consultants with Keller Williams Realty.

         

Dan and Traci have been featured in local and national news on the NBC Nightly NewsThe Today ShowThe Washington ExaminerThe Washington PostCNBC, and WTOP News and more for their success in selling short sales.

If you are interested in short selling your home in Virginia, Maryland, or Washington DC call us today at 703-562-1791 ext. 2 


 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
Virginia Fairfax County Lorton
Tags:
lorton va short sales
va short sale
short sale in virginia
stop foreclosure
real estate
homes for sale in lorton va

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
241,503

Dan Rochon

Top Realtor in Northern Virginia
Ask me a question
*
*
*
*

Additional Information