VHDA FHA Short Sale Approval Letter Manassas, VA

VHDA FHA Short Sale Approval Letter Manassas Townhome Real Estate Agent Virginia & Maryland

7557 Helmsdale Place, Manassas, VA 20109 - Townhome - $190,000
We continue to be 100% in completing short sales for our sellers. Its important you hire a short sale specialist with experience with your bank.

We just got this short sale approved. The seller was forgiven over 45k
For Short Sale FAQ's visit:
http://www.my1245shortsale.com/

Quick Facts

Hardship: Upside Down on the mortgage, divorce

List Date: 01/12/2012
Approval Date: 1/17/2012
Close Date: 3/30/2012

Result: Full deficiency waiver for our seller.

VHDA FHA Short sales can be started before you get a contract, which saves time. We had no issues with this short sale because it was a FHA short sale.  They actually paid our clients to do the short sale! They were forgiven over 45k

If you would like for us to refer you to a tax professional with short sale experience, conact us at Nate@1245team.com

If you have any questions concerning VHDA FHA Mortgage Short Sales Contact Us. We have a proven record with VHDA FHA Mortgage(Preforeclosure) Short Sales. We can help you with VHDA FHA Mortgage Short Sale in Virginia & Maryland.

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VHDA Short Sale Approval Cheshire Ridge Cir Townes at Compton Farm Manassas, VA

9786 Cheshire Ridge Cir, Manassas, VA 20110 - 4bd/3ba Townhome. $235,000
VHDA Loan

We continue to be 100% in completing short sales for our sellers. Its important you hire a short sale specialist with experience with your bank.

We just got this short sale approved in 42 days from contract!! The seller was forgiven over 100k
http://www.my1245shortsale.com/

Quick Facts

Hardship: Upside Down on the mortgage and going through a divorce

List Date: 11/08/2011
Contract Date: 11/28/2011
Approval Date: 1/09/2012
Close Date: 2/13/2012

Result: Full deficiency waiver for our seller.

VHDA is different than most banks.  They are not reimbursed from the government after completing the short sale. They take the entire hit themselves. Because of this they fight a little bit harder on the short sale.  You have to have a good hardship, otherwise they will want more money from you.  In this case the sellers were going through a divorce and kids were involved.  They granted our sellers full deficiency waiver. They only had to bring to closing $5,000 cash contribution to be forgiven over $100k.  They did elect however to do a promissory note for $5,000 because they did not have cash on hand.

If you have any questions concerning VHDA Short Sales Contact Us. We have a proven record with VHDA Mortgage  (Preforeclosure) Short Sales. We can help you with VHDA Short Sale in Virginia & Maryland.

See the Approval Letter Here

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