The short sale mls is dedicated to helping buyers of Northern Virginia short sell real estate to find the short sell property they are looking for. We also use this site to help confused homeowners in Northern Virginia to know exactly how a short sale works and give them access to information related to the effect of a short sale as opposed to a foreclosure. While short sales are many times a more lengthy process, they are typically an excellent way to purchase property at a fairly deep discount to market value.
Sellers of property who are typically in serious financial trouble can dodge the bullet many times by not re-affirming the debt to the bank in the short sale at the time of the transaction. Having a good attorney handle the transaction will cost you nothing because the law firm can make their fee a line item in the hud-1 settlement. We know how to do this. Here is a link to a law firm that will handle the legal part of protecting you in the short sale. www.NovaBankruptcyGroup.com. Banks and other lenders are finding out the reality is, most of the people short selling their Northern Virginia property simply don't have the money to pay for a deficiency judgment anyways so even if you reaffirm the deficiency the bank is simply going to sell the debt to a debt collector for pennies on the dollar who will negotiate a settlement with you for nickels on the dollar. You will find in short selling your Northern Virginia property that your credit will not be effected as much as if you allow a foreclosure. The banks and credit reporting agencies see a short sale as a more responsible transaction than a foreclosure where you are simply throwing your lender under the bus.
A homeowner who allows foreclosure is ineligible for a Fannie Mae backed mortgage for a period of 5 years. A homeowner who short sells a property is eligible in 2 years. On form 1003, the initial application for a loan someone who has been foreclosed on must answer yes to question C in section VII “Have you had a property foreclosed upon or given title or deed in lieu thereof in the last 7 years?” There is no similar question related to short sales. Short sales ARE NOT REPORTED ON YOUR CREDIT, the loan is reported “Paid in Full, settled”
We are experts at these short sale transactions and have multiple law firms at our disposal who will handle the transaction for you at absolutely no cost to you. Fill out this form if you are interested in talking to us further about short selling your property in Northern Virginia. Even if we never do any business at least we will give you some clarity about your options.
FAIRFAX COUNTY is made up of: Alexandria, Burke, Centreville, Chantilly, Clifton, Fairfax
City, Falls Church, Herndon, Great Falls, Lorton, McLean, Merrifield, Mount Vernon, Oakton, Reston, Springfield and Vienna and points in between. Just call and tell us that you'd like to see Fairfax County Short Sales or that you'd like to see Fairfax County Property, or Fairfax County Virginia real estate, or any other Houses in Fairfax County Virginia. We'll have an agent available to arrange a private tour of homes for you with 24 hours notice. WE'RE READY. If you find something you like here and need to gain access give us a shout.
WE'LL DO THE SEARCH FOR YOU. Or, you can access to our entire database of Northern Virginia Property listings by clicking here "link www.VirginiaInvestmentProperty.com" this is our main Northern Virginia Real Estate site. and see ACTIVE home listings of all types of Properties in Northern Virginia. Agents can show all of these homes. Tour these pages which describe for you the market for homes and real estate in Fairfax County, Virginia. With the growth of the high tech industry in Northern Virginia and the fact that a huge percentage of the Northern Virginia population is on the federal payroll. Northern Virginia homes, even now during this economic recession sell very quickly. Get the help you need to find the very best home for your money in the Fairfax County real estate market. Search the comprehensive MLS for Homes for sale in Fairfax County here, VirginiaInvestmentProperty.com.
LUXURY HOMES IN FAIRFAX COUNTY. Luxury Properties in Fairfax County are primarily located in Great Falls, Oakton, Alexandria, Vienna, Reston and McLean. You are free to view MLS listings all over Northern Virginia here including Fairfax County Short Sale properties. Alternatively, special attention costs you nothing. Why not have one of our northern virginia realtors do your leg work. The Knowledgeable and internet
savvy agents at the Virginia Investment Property Group, www.VirginiaInvestmentProperty.com will find you exactly what you are looking for in Fairfax County or anywhere in Northern Virginia for you at your request. If you are interested in perusing amazing Northern Virginia Mansions, go to http://www.NorthernVirginiaMansions.com where we list the epic luxury properties and estates for sale in Northern Virginia. Most of these listings are not Short Sales,
but there are some short sale Mansions available from time to time.
Searching the Short Sale LLS is a great way to find a good investment property, for your convenience we have segmented Northern Virginia into the following links which will allow you to easily find the property you want in the location you wish. After clicking on any of the Northern Virginia Short Sale Listings below, you can further narrow your search for Northern Virginia Short Sale Listings. |
