Lake Ridge Virginia Real Estate Help For Sellers and Buyers: Virginia: Woodbridge: Newport

Today was a good day.

When checking with Chevy Chase Bank the first trust holder , for the purpose of this series called the Story Of A Short Sale With Two Loans. The call center person was able to confirm that:

1. The short sale package has made it through the initial audit and all was fine
2. The appraisal was ordered and has been completed however they are waiting for results
3. Once the appraisal is updated in the system the package will then be sent to corporate for review
4. The Bank Representative couldn't have been nicer. She gave me the name of the Loss Specialist along with direct line and email address.

I have hopeful for the owners of this investment property.  That their request for a short sale will be approved. However, since this is a two loan short sale, there is another trust involved. Unfortunatley the second trust holder has not been as forth coming on the process.

Monday is another work day in the world of banking. I'll call back. It's time to give an  status update to the seller and the Bueyrs Agent before the weekend.

Homeowners: if you think you need to sell your home by short sale, please don't hesitate to call. Erick and Company has systems and staff to get help you deal with your bank.          

             Have Questions?

          Call Peggy James today at 703-851-3085 

Contact Peggy James or Erick Blackwelder  of Erick and Company of Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's 

                                                  Erick and Company 

               Has Listed This Short Sale In Woodbridge VA
                             

Click here to view MLS Listing 

To Learn More about this home and the area Read More Here 

As of 6/17/09  The backup offer withdrew! We are now excepting a backup offer on this beautiful home.

List Price is $320,000 

*******************************************************

Chevy Chase Mortgage (1st Trust) 

Suntrust Mortgage (2nd Trust)

If you would like to submit an offer on this home contact me or contact your Buyers Agent. We will need the following to present to the seller. 

• Note-the process can take as long as 60 days or longer for answer, this is a two loan short sale.
• We will need a signed Contract with Lender Letter and Earnest Money Deposit.
• This home is being sold "AS IS" please use the Short Sale Contingency Addendum.     
• Seller prefers RGS Title -Lake Ridge Office to be used ( they have the file already) 

Homeowners: if you think you need to sell your home by short sale, please don't hesitate to call. Erick and Company has systems and staff to get help you deal with your bank.

 If You Have Patience And Your Flexible This Could Be Your New Home!

 I just met with some folks and they signed a listing and as soon as they send me the key...we're good to go. Until then you can have a sneak peak. This home is located in Newport Subdivision in Woodbridge just off Rt 1 near Leesylvania Start Park. Easy access to the Potomac River from the Pilot House Marina are just a down the street! 

• 5 Bedrooms
• 3.5 Baths                                                                                                                        
• Gigantic Deck
• Sprinkler System
• Security System
• Central Vac
• Very Nice Lot
• Full Finished Lower Level With Bedroom Full Bath and Walk-in Closet

Curious what other homes in the area have SOLD for? Check here

Opportunities Are Everywhere...How Can We Help You? Just let us know

Owner will review contracts and take the highest and best offer! 

 Erick Blackwelderor Peggy James  of Erick and Company-Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Cannon Bluff, Meadowbrook Woods, Blooms Crossing, Manassas Park, Beaver Creek, Hunter's Ridge, Brittany, Triangle, Manassas, Montclair, Dumfries, Occoquan, Dale City, Nokesville, or anywhere in Prince William County.

Equal Housing Opportunity