Smooth Sailing From Contract to Close on This Manassas Short Sale

Smooth Sailing From Contract to Close on This Manassas Short Sale

Yes, you read that correctly.   From the moment I took this listing at 9625 Janet Rose Court, I knew it would be an easier Short Sale than some I deal with.  It wasn't the banks I saw on the mortgage statements, which were Ocwen and SLS.  Nope.  Ocwen can be brutal and SLS has some bad online feedback about their Short Sales.  I disregard that stuff because bad feedback is so easy to give.  Positive feedback, not so much.   What made me think this was going to be easier than most was that my Seller had already gotten his Request for Mortgage Assistance and supporting financial documents to the banks.  

On April 21st (2016) this four bedroom single home in Manassas listed for $425,000.  Surprisingly, we had three offers within the first two days.  All were at full price and the offer my Seller chose didn't even expect closing help.  Very refreshing on a Short Sale where a lot of buyers tend to think that the mortgage companies approving a Short Sale hand out cash to buyers like grown ups handing out candy to kids on Halloween.  It is a fallacy that Short Sale banks are willing to accept less than market value on homes or that all banks will allow closing cost help.  

Contract ratification (the date Buyers and Seller agreed to contract terms in writing) was April 24th.  That started the Seller's side quest for Short Sale Approval.  I got the contract to both banks and in just under six weeks, we had both banks approval of the Short Sale.  So the Buyer's side to get inspections and appraisal done started.  All very uneventful.

On July 7th, this Short Sale closed for full list price of $425,000..  No drama, no delays.  It was smooth sailing from contract to close on this Manassas Short Sale.

If you are experiencing a hardship and need to Short Sale your home, give me a call for the optimal results.  Not all Short Sales are this smooth, but I've been closing them since 2007.  I have more experience in Short Sales than most agents in the Manassas, Bristow or Gainesville area.