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:
- The short sale package has made it through the initial audit and all was fine
- The appraisal was ordered and has been completed however they are waiting for results
- Once the appraisal is updated in the system the package will then be sent to corporate for review
- 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
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Contact Peggy James or Erick Blackwelder of Erick and Company of Exit Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085(Peggy) 703-590-2252 (Office).Give us a call and we can "GET YOUR HOME SOLD FAST"to list your property for sale we service Woodbridge, Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas,Gainesville, Garrisonville and Triangle area's.Basically all of Prince William County Virginia. Manassas Park, Haymarket,Montclair, Dumfries, Quantico, Fort Belvior, Occoquan, Dale City.
