Acacia Federal Short Sales - Another Short Sale Approval Letter Received
Arlington VA short sale listing agent Tamara Inzunza of McEnearney Associates Inc. has successfully obtained another short sale approval for a distressed homeowner who wanted to avoid foreclosure. Here are the details:
This was an Arlington VA preforeclosure, or short sale
Hardship: reduction in income
Time for approval: approximately three months
Missed payment: yes
The best possible outcome for this homeowner is that the bank did not ask for a cash contribution at closing, nor did they ask the borrower to sign a promissory note. As an Arlington VA short sale listing agent, the approval letter dispells one of the myths regarding short sales. Many homeowners are afraid to ask for help and do a short sale because they are fearful that they will have high costs to be approved. In this case, the bank paid the closing costs to the buyer, the full real estate commission, did not counter the contract sales price, and is accepting the payoff in full.
If you are an Arlington VA homeowner and you are facing a financial hardship, please contact me to discuss your options to avoid foreclosure. As a short sale specialist, I can help you determine what's your best course of action.
Arlington VA Short Sale Specialist | 703-623-8759
As a Certified Distressed Property Expert and Certified Default Resolution Specialist, I help homeowners who are in distress understand their options. These options may include loan modification, forebearance, short sale, Homeowner Assistance Program (HAP) for Northern Virginia military families, or other alternatives that may be approved by your lender. Before you max out your credit cards or deplete your savings trying to keep your mortgage current, feel comfortable giving me a call at 703-623-8759.